Green MBA Rankings - Beyond Grey Pinstripes 2009-2010 Research Methodology
Outreach
In the fall of 2008, initial invitations to participate in the 2009-2010 edition of Beyond Grey Pinstripes were sent out to 590 business schools worldwide. Working with the AACSB and other international accrediting associations, only in-person MBA program with full-time enrollment were considered eligible in this survey cycle. All U.S.-based schools must have AACSB accreditation to participate. An exhaustive outreach effort took place over the following months to assure that each business school that had not replied to our initial invitation received further information via email and, in many cases, personal phone calls from Aspen Institute Center for Business Education staff.
Schools that met our eligibility criteria and also communicated an interest in participating in the survey were given a personalized username and password that granted their staff access to the Beyond Grey Pinstripes online survey site. Pinstripes survey questions have been refined every two years. In 2008, Aspen CBE staff updated questions in consultation with an advisory group of thirty business school faculty. Two online tutorials were offered by Aspen CBE staff at the beginning of the survey period to offer schools an overview of how to use the survey tool and to answer any outstanding questions. Throughout the data collection period, support was available to all participating schools via email and telephone.
Scoring/Ranking Calculations
Coursework and Research data were used in the ranking calculations; the ranking is tabulated from the self-reported data.
Some survey metrics are calculated directly from data reported, while others require a subjective review of courses or research. For subjective reviews, Aspen CBE used a team of twelve Ph.D. and DPA Research Fellows, selected in a competitive process from leading institutions around the world. Research Fellows were trained carefully on the survey protocol. In any review by Research Fellows, scoring was done “blind” (to the extent possible, without school or faculty names associated with data) and in pairs. This was done to obtain inter-rater reliability (consistency) and to minimize possible biases.
The calculated and reviewed data were aggregated into four “raw score” metrics, as follows:
Availability of Relevant Courses counts the number of courses offered that contain social, environmental or ethical content. How much opportunity do students have to take courses with this content?
Student Exposure measures teaching hours and student enrollment in these courses. To what extent are students actually exposed to such content? The formula for each course is [(percent of course time dedicated to such issues) x (course credits / total degree credits) x (course enrollment / total school enrollment)]. Thus, all things equal, longer courses, or dedicated courses, or courses with higher enrollments (whether required or simply popular electives) will be worth more in our calculations.
Relevant Courses on For-Profit Impact is a simple count of the number of courses that not only demonstrate their relevance to the survey (see “Availability of Relevant Courses” above), but specifically address the intersection of social and environmental issues in mainstream, for-profit business. Do any of the courses being taught on campus explicitly discuss how business can be an engine for improving social and environmental conditions? This metric reflects the focus of Aspen CBE on how business plays a role in society. For example, course content that focused on the nonprofit sector or on a philosophical approach to ethics would get credit in the “Availability of Relevant Courses” metric, but would likely not get credit in this metric. However, a Finance course that addresses models for pricing the cost of carbon would likely get credit for this metric.
Faculty Research counts the number of scholarly articles containing some degree of social, environmental or ethical content being published in peer-reviewed, business journals. To what extent do professors on campus explore these issues in their own research? Research Fellows reviewed all article titles and abstracts using similar criteria to the “Availability of Relevant Courses” metric.
The “raw score” metrics were adjusted by using a statistical smoothing process called square-root standard deviation about the mean, which produces numerical values that represent how well a school has done, relative to the other schools in the survey. Each of these four values, or z-scores, was weighted at 25% and then summed to arrive at an overall point total. The final ranking is an ordinal list of the top 100 schools, by total points received.

