The Graduate School of Business Administration was honored on Oct. 24 by the Financial Times, which ranked the school’s Executive MBA (EMBA) program 67th in the world.

This was the first time that the program was eligible for the survey because its 2008 EMBA cohort—upon which the newspaper based this year’s rankings—was the first to meet the minimum size requirement of 30 students.

Fordham shares 67th place with the Gordon Institute of Business Science at the University of Pretoria in South Africa and the SDA Bocconi School of Management at Bocconi University in Milan, Italy.

In its 10th year, the ranking relies on two online surveys: the first completed by the schools themselves and the second by alumni who graduated three years ago.

The surveys polled 121 business schools from around the world; factors such as current salary and salary growth were among those considered in the alumni responses. On these measures, Fordham EMBA alumni reported a current average salary of $156,418, which ranked 56th overall.

From the outset, GBA has sought to grow enrollment in the EMBA program to the point where it is eligible to participate in the Financial Times survey each year, said Francis Petit, Ed.D., associate dean for Executive MBA programs at Fordham. He noted that the ranking is for individual programs, not just institutions, which makes competition even tighter.

“This new ranking not only adds to the continued momentum of our program, but also represents the great teaching of our faculty, the tireless efforts of our staff and—most importantly—the successes of our dynamic, hardworking and spirited graduates,” he said.

Recognition by the Financial Times comes on the heels of a CEO Magazine assessment that placed the Fordham EMBA among the top 25 in North America.