There's been some discussion about rankings and I wanted to weigh in.
There was a post a while back wondering if there was a correlation between Cornell's rankings and the overall economy. I plotted the Johnson rankings against the DJIA prices (I tried to find the DJIA price around February because I believe rankings are released around that time).
The first chart is the DJIA on the left axis and Johnson School rankings on the right axis.
The second chart is the % change from both the DJIA and Johnson School rankings.
Does it correlate? I'm no statistician and my methods aren't exactly scientific (seriously, did it in 5 minutes), but some of you may be able to see into the mists and come up with an interpretation for us.
Our rankings seem to go increase (BAD) when the DJIA goes up (GOOD). Hmmm...
Also, this is for anybody considering an international career (I am an expat working in Beijing)
Whenever I tell people where I am going to, they may not know the Johnson School, but they for sure know Cornell University. And then they think Ivy League. When I told someone I was applying to MIT (dinged) they were surprised it even had a business school. My colleagues are from Europe, and they had similar reactions.
So in the US, if people pay attention to rankings, we may not be looked upon as favorably as Harvard, Stanford, etc. BUT, internationally, people will link you to the Cornell name, and that goes a looooong way.
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File comment: DJIA % change vs Johnson School Rankings % change
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File comment: DJIA vs Johnson School Rankings
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