Find all School-related info fast with the new School-Specific MBA Forum

It is currently 17 Sep 2014, 23:51

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

2008 Economist B-School Rankings

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
SVP
SVP
User avatar
Joined: 11 Mar 2008
Posts: 1634
Location: Southern California
Schools: Chicago (dinged), Tuck (November), Columbia (RD)
Followers: 8

Kudos [?]: 179 [0], given: 0

GMAT Tests User
2008 Economist B-School Rankings [#permalink] New post 05 Oct 2008, 14:06
2008 rankings

Criteria: Overall rank
Rankings methodology

School Rank (out of 100)
IMD - International Institute for Management Development 1
IESE Business School - University of Navarra 2
Chicago, University of - Graduate School of Business 3
Stanford Graduate School of Business 4
Dartmouth College--Tuck School of Business 5
California at Berkeley, University of--Haas School of Business 6
Cambridge, University of - Judge Business School 7
New York University - Leonard N Stern School of Business 8
London Business School 9
IE Business School 10
Hong Kong University of Science and Technology -- School of Business and Management 11
Harvard Business School 12
Cranfield School of Management 13
Vlerick Leuven Gent Management School 14
York University - Schulich School of Business 15
Northwestern University - Kellogg School of Management 16
Pennsylvania, University of - Wharton School 17
Massachusetts Institute of Technology - MIT Sloan School of Management 18
INSEAD 19
Henley Business School at the University of Reading 20
Columbia Business School 21
Michigan, University of - Stephen M Ross School of Business 22
Warwick Business School 23
Ashridge 24
Virginia, University of - Darden Graduate School of Business Administration 25
Melbourne, University of - Melbourne Business School 26
Oxford, University Said Business School 27
Cornell University--Johnson Graduate School of Management 28
Duke University--Fuqua School of Business 29
Yale School of Management 30
Hult International Business School 31
HEC School of Management, Paris 32
ESADE Business School 33
Notre Dame, University of - Mendoza College of Business 34
Carnegie Mellon University - Tepper School of Business 35
_________________

Check out the new Career Forum
http://gmatclub.com/forum/133

Manager
Manager
User avatar
Joined: 11 Jul 2008
Posts: 211
Location: United States
Concentration: Entrepreneurship, Technology
Schools: Haas '15
GMAT 1: 680 Q47 V37
GPA: 3.6
WE: Engineering (Computer Hardware)
Followers: 2

Kudos [?]: 62 [0], given: 4

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 05 Oct 2008, 14:15
Thanks for the heads up Terp :good

For the full article:

http://www.economist.com/markets/rankin ... d=12328207
VP
VP
User avatar
Joined: 09 Jan 2007
Posts: 1045
Location: New York, NY
Schools: Chicago Booth Class of 2010
Followers: 10

Kudos [?]: 156 [0], given: 3

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 05 Oct 2008, 16:29
Even though the GSB is in the top of this ranking I think this is very strange.

For me it seems that it's that kind of thing: they decided a methodology, they closed it and then they ran the model, after it they got the results and saw the result. As they had already convinced everybody about the methodology they couldn't change the results...
_________________

Rhyme´s guide to interviewing
http://www.gmatclub.com/forum/t55030

Kwam's Profile
111-t57360

Director
Director
avatar
Joined: 25 Dec 2007
Posts: 524
Schools: Harvard '11
Followers: 9

Kudos [?]: 62 [0], given: 28

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 05 Oct 2008, 17:06
terp06 wrote:
2008 rankings

Criteria: Overall rank
Rankings methodology

School Rank (out of 100)
New York University - Leonard N Stern School of Business 8
Harvard Business School 12
Northwestern University - Kellogg School of Management 16
Pennsylvania, University of - Wharton School 17
Massachusetts Institute of Technology - MIT Sloan School of Management 18
INSEAD 19
Columbia Business School 21


NYU over HBS, Kellogg, Wharton, Sloan, INSEAD, and Columbia? Right...
SVP
SVP
User avatar
Joined: 11 Mar 2008
Posts: 1634
Location: Southern California
Schools: Chicago (dinged), Tuck (November), Columbia (RD)
Followers: 8

Kudos [?]: 179 [0], given: 0

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 05 Oct 2008, 17:15
This ranking is making me want to apply to the Hong Kong University of Science and Technology. Apparently it's better than HBS?
_________________

Check out the new Career Forum
http://gmatclub.com/forum/133

GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 10 Apr 2007
Posts: 4320
Location: Back in Chicago, IL
Schools: Kellogg Alum: Class of 2010
Followers: 78

Kudos [?]: 693 [0], given: 5

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 05 Oct 2008, 17:24
Personally this ranking isnt worth the paper it is printed on. It doesnt reflect the real world at all...seriously stick with US News for getting idea of how schools in the US stack up. BusinessWeek is probably the 2nd best ranking. The rest seem to fail the common sense test. HBS, Stanford, Wharton etc no where near the top?
_________________

Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond.
Get the best GMAT Prep Resources with GMAT Club Premium Membership

VP
VP
User avatar
Joined: 09 Jan 2007
Posts: 1045
Location: New York, NY
Schools: Chicago Booth Class of 2010
Followers: 10

Kudos [?]: 156 [0], given: 3

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 05 Oct 2008, 19:15
Ft, is also a somewhat good ranking...

I believe though that "international" schools will gain some ground (actually I think they've been gaining) in world rankings.

I second river in terms that this ranking is not that relevant as we can see VERY BIG DISTORTIONS. Anyway, anyone who knows a little bit about stats knows that past data are just to show past results... No one can tell you about future...
_________________

Rhyme´s guide to interviewing
http://www.gmatclub.com/forum/t55030

Kwam's Profile
111-t57360

CEO
CEO
User avatar
Joined: 17 May 2007
Posts: 2995
Followers: 55

Kudos [?]: 435 [0], given: 210

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 05 Oct 2008, 20:38
IMD #1 and IESE #2 ?

I feel that this is one of the rankings where schools such as Wharton and Harvard refuse to participate :)
Senior Manager
Senior Manager
avatar
Joined: 16 Jul 2008
Posts: 290
Schools: INSEAD Dec'10
Followers: 2

Kudos [?]: 14 [0], given: 4

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 06 Oct 2008, 00:45
IESE, IE, Cambridge, Leuven-whatever (never heard of this one) and "York University" are above INSEAD? And Cambridge is above LBS? What a joke.

Alright, maybe they have a superior methodology. But where the hell is the reality check?
_________________

http://applicant.wordpress.com/

1 KUDOS received
Manager
Manager
User avatar
Joined: 05 Jun 2008
Posts: 78
Followers: 1

Kudos [?]: 14 [1] , given: 0

Re: 2008 Economist B-School Rankings [#permalink] New post 06 Oct 2008, 15:29
1
This post received
KUDOS
Whilst I take issue with the some aspects of the methodology (eg. a criteria that is based on the volume of recruiters but not the quality of recruiters is a major oversight in my view) we should all be very careful about dismissing something simply because it does not conform to our expected view.

As an example, let's go back to the 1970s and 80s. At the time, Ford, Chrysler, etc were considered the premium cars. They had brand value and customer recognition. However, Toyota was actually just as technically advanced and was cheaper also. Today, that is not in doubt - if I ranked Toyota as a car company above Ford, no one would argue with me. But imagine if I suggested back in the 70s and 80s that Toyota was above Ford (and it was) - I'd be called a fool! The point is that people naturally find it hard to change certain long-held views.

I'm not saying the Economist ranking is perfect, but I would find it hard to argue that it is useless. They've taken an approach of "OK, I'm going to do an unbiased survey and ranking and not be prejudiced by brand name whatsoever". This is a great approach to take, and one that can uncover widely-held misconceptions if applied properly.
Director
Director
User avatar
Joined: 18 Dec 2007
Posts: 983
Location: Hong Kong
Concentration: Entrepreneurship, Technology
Schools: Hong Kong University of Science and Technology (HKUST) - Class of 2010
Followers: 11

Kudos [?]: 132 [0], given: 10

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 07 Oct 2008, 03:10
terp06 wrote:
This ranking is making me want to apply to the Hong Kong University of Science and Technology. Apparently it's better than HBS?


That's why I applied there and am currently a HKUST student :shock:

Not really. I don't really take too much notice of rankings..

If you agree with the methodology, then you rankings are right for you. An interesting fact is that the rankings do affect the number of applications a school gets. I was told that there was more than 1000 applications from Beijing alone to our school this year, most probably due to the higher rankings in FT and Economist last year.

One thing for sure, it will have an affect on the future of HKUST as some people will perceive the school to be of higher calibre, which in turn attracts more applications from higher calibre candidates. The definite plus for us is the location in Hong Kong, on the doorstep of Asia, where there is no recession, still growth, as such, campus recruitment has been active as ever, a lot of big companies have already come in to say they are still recruiting in Asia.

However, the biggest drawback for non-linguists is that they usually require knowledge or capability in an Asian language.
Current Student
User avatar
Joined: 12 Jun 2008
Posts: 287
Schools: INSEAD Class of July '10
Followers: 6

Kudos [?]: 36 [0], given: 0

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 07 Oct 2008, 04:16
togafoot wrote:
If you agree with the methodology, then you rankings are right for you.

That is in fact: "If you agree with the methodology and if the data is right, then you rankings are right for you."

There are indeed too many weird points in this ranking data for me to give it credibility.

And that's a shame, cause valid or not, rankings of this sort will have impact on perceived brand, and therefore on application volumes...
Senior Manager
Senior Manager
avatar
Joined: 16 Jul 2008
Posts: 290
Schools: INSEAD Dec'10
Followers: 2

Kudos [?]: 14 [0], given: 4

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 07 Oct 2008, 04:36
To me, the strength of a business school is mostly its reputation among recruiters. If my target group of employers are not hiring from school X, then no amount of clever methodology can convince me to apply there. End of story.
_________________

http://applicant.wordpress.com/

GMAT Club Legend
GMAT Club Legend
User avatar
Status: Um... what do you want to know?
Joined: 03 Jun 2007
Posts: 5464
Location: SF, CA, USA
Schools: UC Berkeley Haas School of Business MBA 2010
WE 1: Social Gaming
Followers: 65

Kudos [?]: 333 [0], given: 14

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 08 Oct 2008, 22:33
remember to also look at historical TRENDS. Check out the great thread that kwam posted before (It's in the knowledge vault, I don't have time to go pull it out). You can really tell how good a school is and what is their current trend by looking at the past 10-15 years of US News and BW.

BW is a bit weird though, putting Stanford 6th... :shock:
_________________

****************************
GMAT Club Knowledge Vault:
http://gmatclub.com/forum/123
Haas Ambassador
http://gmatclub.com/forum/128-t62555
Kryzak's Profile:
http://gmatclub.com/forum/111-t56286
Member Essays:
http://gmatclub.com/forum/103-t50969

Manager
Manager
User avatar
Joined: 24 Jan 2006
Posts: 230
Location: India
Concentration: Finance, Entrepreneurship
WE: General Management (Manufacturing)
Followers: 2

Kudos [?]: 9 [0], given: 15

GMAT Tests User
Re: 2008 Economist B-School Rankings [#permalink] New post 08 Oct 2008, 22:41
terp06 wrote:
2008 rankings

Criteria: Overall rank
Rankings methodology

School Rank (out of 100)
IMD - International Institute for Management Development 1
IESE Business School - University of Navarra 2
Chicago, University of - Graduate School of Business 3
Stanford Graduate School of Business 4
Dartmouth College--Tuck School of Business 5
California at Berkeley, University of--Haas School of Business 6
Cambridge, University of - Judge Business School 7
New York University - Leonard N Stern School of Business 8
London Business School 9
IE Business School 10
Hong Kong University of Science and Technology -- School of Business and Management 11
Harvard Business School 12
Cranfield School of Management 13
Vlerick Leuven Gent Management School 14
York University - Schulich School of Business 15
Northwestern University - Kellogg School of Management 16
Pennsylvania, University of - Wharton School 17
Massachusetts Institute of Technology - MIT Sloan School of Management 18
INSEAD 19
Henley Business School at the University of Reading 20
Columbia Business School 21
Michigan, University of - Stephen M Ross School of Business 22
Warwick Business School 23
Ashridge 24
Virginia, University of - Darden Graduate School of Business Administration 25
Melbourne, University of - Melbourne Business School 26
Oxford, University Said Business School 27
Cornell University--Johnson Graduate School of Management 28
Duke University--Fuqua School of Business 29
Yale School of Management 30
Hult International Business School 31
HEC School of Management, Paris 32
ESADE Business School 33
Notre Dame, University of - Mendoza College of Business 34
Carnegie Mellon University - Tepper School of Business 35



Classy ranking......reigns in shittesville :P ..... Harvard is trashed by the likes of IESE, IE and HKUST... :shock: ... Wharton is trashed by the likes of Cranfield and Vlerick.... :shock: .... And I thought I'd never live to see the day..... :roll:
_________________

Eat like a Pig, Lift like a Demon & Sleep like Dead.............

Re: 2008 Economist B-School Rankings   [#permalink] 08 Oct 2008, 22:41
    Similar topics Author Replies Last post
Similar
Topics:
6 Economist Rankings 2010 rhyme 30 18 Sep 2010, 05:16
Economist.com Rankings? kryzak 9 15 Oct 2009, 10:26
7 BW 2008 Rankings agold 34 04 Nov 2008, 10:26
MBA Rankings - The Economist positive soul 11 04 Apr 2007, 02:05
US NEWS 2008 RANKINGS squali83 103 29 Mar 2007, 03:54
Display posts from previous: Sort by

2008 Economist B-School Rankings

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.