Hey @lovetoact ! I love people who love precision. 
When I analyzed the 2017 list I took out the MFAs and other grad degrees. TBH, it didn’t make much of a difference. I also tried to separate NYU alums by school since it does have several, including Gallatin, with alums on this list. From what I saw with one year’s data (I am NOT doing this each year) the schools who had the most grads on B’way also had the most undergrads - Tisch had the most grad students (6) but also the most undergrads (27). I also broke down the list by leads and ensemble, by groupings of graduation year (young/new/all) and normalized by class size. Yes, I am insane. I’m not publishing any of that because I do think it’s truly unfair to make judgements based upon a snapshot of a single year’s data. Also, I don’t need the grief that would be heaped on my head if I did! 
What I can say with some certainty is that any program that shows up on this list is doing something right in terms of getting their BFAs Broadway ready. And I do think that’s meaningful data for folks looking for MT programs.