shanghaiedflip wrote:
True the emphasis that the FT rankings place on salary is certainly a hot topic for a lot of people, as is the PPP factor. But on the flip side, many people also place high emphasis on alumni WAS as part of their decision making process. Guess it depends what you’re looking to find out from the ranking.
Honestly, I wouldn't look at salary as a key criteria in ranking.
[*] Taxation is different from country to country (in Hong Kong, you only need to earn around 70-80% of a US Metro City salary to have comparative living standards and cash in hand)
[*] If you're chasing salary, then you will lose the job to people who are passionate about the role
[*] Rankings that have salary increase as a factor are ready to be gamed by admitting only students on lower salaries.. this also affects the power of the network. Generally speaking, higher earning admits are more likely to have more experience and to be better networked providing everyone with more opportunity.
shanghaiedflip wrote:
With regards to the “mistake” I don’t believe that what the FT did previously, (i.e. classifying people from Hong Kong and mainland China as different for diversity purposes) was a “mistake”. While there is common cultural history, there are enough stark differences (e.g. political, cultural) between people from Hong Kong and people from China, that it seems quite inaccurate to consider them as the same when measuring diversity.
In fact many people who have lived in both Hong Kong and Shanghai believe that there are still clear differences between the city, culture, politics, and people. Given that Shanghai is arguably the most westernized city in the mainland, there would be even more differences if you compare Hong Kong to the mainland as a whole, despite the fact that technically the two are the same country.
yes they are very different, in fact there is an anti-mainland 'backlash' happening in Hong Kong. See -
https://en.wikipedia.org/wiki/Early_2012 ... ertisementThis has a lot to do with cultural differences, and partly xenophobia.