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New FT Rankings are out

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New FT Rankings are out [#permalink] New post 27 Jan 2008, 23:15
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1. Wharton

2. LBS

3. Columbia

4. Stanford

5. Harvard



http://rankings.ft.com/global-mba-rankings

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Re: New FT Rankings are out [#permalink] New post 27 Jan 2008, 23:24
Hmmm.. NUS dropped off the list and HKUST shoot into #17 after disappearing last year!! Manchester holds its 22nd place for the 3rd consecutive year!

Kellogg continues its slide downwards. now at #24
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Re: New FT Rankings are out [#permalink] New post 27 Jan 2008, 23:49
Indian School of Business (ISB), Hyderabad ranked at 20, above Kellogg, Anderson, Ross, Haas, Fuqua & Darden.

ISB - Top Salary in Consulting, Top Salary in Finance.

Hmm... quite perplexing !!
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 00:42
kundan77 wrote:
Indian School of Business (ISB), Hyderabad ranked at 20, above Kellogg, Anderson, Ross, Haas, Fuqua & Darden.

ISB - Top Salary in Consulting, Top Salary in Finance.

Hmm... quite perplexing !!


I haven't read the ranking method yet, but I think they have adjusted the salary on the basis of PPP level of the home-country. If you take that, then ISB salaries are quite luvrative.

BTW, Cambridge ranks 10th, and I am yet to decide whether to accept the offer :?

This made my my almost taken decision to decline the offer more painful :cry:
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 00:58
wow... this ranking is crazy... Chicago at #9? Kellogg, Anderson, and others at #20+?

Quote:
The top 15 schools, from the Wharton School of the University of Pennsylvania to the Tuck School of Business at Dartmouth College, form the leading group of world class business schools. Some 63 points separate Wharton from Tuck. The second group is headed by Yale School of Management which scored 50 points more than the Tanaka Business School of Imperial College London, leader of the third group.


Stern and Tuck in the leading group? Yale leading the rest (including Kellogg, Anderson, Haas, Fuqua, and Darden)?

Does anyone know the criteria for this?

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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 01:25
University of Strathclyde before Haas?

WTF is that place? I never heard of it.

I never found the FT ranking to be very close to reality, but this time around, even less so... I cant find the methodology on the website either...

Their huge emphasis on salaries post-MBA has always made this ranking somewhat dodgy and heavily biased towards schools that graduate many finance people. (for whom this ranking will probably make the most sense)
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 02:11
Below are the weights used in the ranking determination:

Weighted salary: 20%
Salary % increase: 20%
Value for money: 3%
Career progress: 3%
Aims achieved: 3%
Placement sucess: 2%
Employed at 3 months: 2%
Alumni recommend: 2%
Women faculty: 2%
Women student: 2%
Women board: 1%
International faculty: 4%
International student: 4%
International board: 2%
International mobility: 6%
International experience: 2%
Language: 2%
Faculty with PhD: 5%
FT doctoral rank: 5%
FT research rank: 10%

While I admit that there is a heavy skew towards salaries post graduation (which means US schools are losing out due to the weakened US dollar), we must realize that the world is globalizing and that there will be great contenders rising from developing countries as well (not only Europe). The US used to dominate the ranking chart for decades following the second half of the 20th century but we have to wake up to the reality that the US MBA hegemony could be challenged. However, this perception that H/S/W are the pinnacle of business education will still take decades to be challenged as rising business schools themselves continue to hire faculties from those US top b-schools.

That being said, I am not too unhappy about the ranking outcome itself :)

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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 02:29
Congrats on LBS #2!

Wow.

Can't believe Cambridge at #10. Unbelievable.

I visited both schools, and both are top-notch. Oxford must be frustrated.
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 03:30
"The salaries reported by alumni now working outside the US have helped non-US schools. Those working in the US reported lower salaries than their peers in Europe and Asia."

With the USD loosing ground, that is expected.

As every ranking system, FT ranking is not perfect, though I think that Top5 schools are really Top 5, personally I believe that LBS is the best school outside US. The only thing that really bothers me, is that FT compares schools by using data from 2002 to 2008.

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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 03:31
I think the FT rankings are bull. Placing the highest weight on salary increase is not correct as the entering salary is not consistent among B-schools. I would put more emphasis on placement success, employment after 3 months, career progress, and aims achieved.
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 03:37
I have received a email from the Director of Admissions, ISB informing me about the schools debut at 20th ranking in FT.
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 03:45
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I think the FT rankings are bull. Placing the highest weight on salary increase is not correct as the entering salary is not consistent among B-schools. I would put more emphasis on placement success, employment after 3 months, career progress, and aims achieved.

While placement success would not very much distinguish ranking among top cluster schools (which all have relatively high placement), a high weight on employment after 3 months would place Indian schools at the top of the chart. Please do not misunderstand me. I do not have any prejudice against Indian schools but all I'm saying is that with weights attributed differently, the outcome would be very different and once again, there will be disagreements. Career progress and aims achieved, for their part, could be considered somewhat too subjective to account for a greater weight. The FT ranking may not be perfect but one could also claim that other ranking publications such as BW/USnews/WSJ are too US centric and do not properly compare the competitiveness of US schools vs that of international schools.

A higher weighting on salary seems reasonable to me in that ultimately, most care for their ROI post-MBA. However, I also concede that there is an intangible benefit to going to ultra-elite/elite US schools.

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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 04:05
hmm 20% towards salary increase would skew the stats towards schools who admit lower salaried people from poorer countries just to boost this stat.
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 04:11
Their methods always seemed odd to me. Schools that place most of their schools in finance dominate the rankings due to the hire salaries. Schools with students entering school with higher pre-mba salaries are also hurt by the lower % increase. These make up 40% of the rankings and can definitely push some schools way higher or way lower than they should be.

To me alumni rec, aims achieved, and placement success are much more telling than the salary information, which is more of a display of the amount of students going to banking and other very high pay jobs. Admittedly I saw Kellogg at 24 and was surprised until I saw the other numbers which are all top 5 which quickly eliminated any worries about the rankings.

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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 04:23
I hope my LBS waitlist turns into an admit :). AGSM #39 - not too shabby, maybe I should have applied there... but my top choice schools of Chicago and Stern have taken a bit of a beating. I still don't understand HOW Ceibs rates so high, and yet, never finds a mention in gmatclub. Also, Kellogg at #24, Tepper at #48 and Vanderbilt at #76 ??? OUCH !! .. something's definitely not quite right there.

Well this article sheds more light :
http://www.ft.com/cms/s/0/1913679e-cd36 ... 07658.html

In particular this quote :
"The FT rankings assess schools in three categories: the success of their alumni; the global focus of the school; and its record in generating ideas. LBS scored highly this year because it ranked third after much bigger schools Harvard and Wharton in research."

Will this be enough to sway me towards LBS if both Chicago and London come to me with offers ? Probably not...
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 05:11
wow what a load of bull ! LOL

Agreed that LBS and Insead should be ranked high, but cambridge?? Ceibs??? and all these schools you've never heard of? I have a hard time believing that these no name regional schools can place significantly into the top firms like McK, Bain, Goldman, Google, etc. or have students and faculty quality of even anywhere close to the top 10 US schools...jesus i hate how trash like this can even be published

And Boston University and UC Irvine, best in IT?? over Berkeley, MIT, and Stanford??? wwwhhhaattttt???
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 06:06
Can't believe that chicago moved down two spots to 9 from 7 and MIT up from 14 to 7!
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 06:20
branson wrote:
University of Strathclyde before Haas?

WTF is that place? I never heard of it.


For clarity, University of Strathclyde is in Glasgow, Scotland (I don't think that the University of Glasgow has an MBA).

How it has shown this climb, I am uncertain. My first guess is that they may get adjunct professors from across Scottish Universities, but I will have to check (most Edinburgh's adjuncts would be at Edinburgh Business School, in a world of common sense).

Interesting table, and will doubtless bring a solid debate as every years FT table does with its very international angle.

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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 07:00
tsaditya wrote:
I have received a email from the Director of Admissions, ISB informing me about the schools debut at 20th ranking in FT.

And it was a shabby looking email. They should have added some more substance in the mail. :)..Like visit us, learn about us, apply to our program etc.
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Re: New FT Rankings are out [#permalink] New post 28 Jan 2008, 07:32
aceman626 wrote:
wow what a load of bull ! LOL

Ceibs??? ..


China Europe International Business School

CEIBS develops managers who are quite valuable to those (industries/firms) interested in doing business in China. CEIBS grads may not be the smartest but they do have right skill-sets for Chinese market. Also, EU & Shanghai Municipal Corporation keep pouring millions of $$$ to the school which helps it attract the world-class faculties. And yes, the school does have excellent infra-structure.

IMO, gone are the days when we studied for an MBA in one school, in one campus for 2 years. Cross-border training is becoming more and more relevant for a 'complete' business education.
Re: New FT Rankings are out   [#permalink] 28 Jan 2008, 07:32
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