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The top subcluster for General Management [#permalink]
22 Jun 2007, 21:26
We've been down this road before, but this is an interesting topic so I thought it would be fun to look at it again.
Within General Management there is basically a one-school zenith- HBS. All of the rest of the ultra elite (and yes, I mean all of them) are nowhere near HBS in terms of major CEO production with HBS producing roughly three times as many CEOs as its nearest rival. The next closest group consists of Stanford and Penn/Wharton. However, as suggested above, these two schools combined do not produce as many major CEOs as HBS alone. Further, the distance Harvard and Stanford and Wharton is far greater than the distance between Stanford/Wharton and Columbia/Chicago. Columbia and Chicago each produce about half the number of major CEOs as Wharton or Stanford. Among the ultra elites, Kellogg and MIT round out the group (but elites such as Darden and Tuck do at least as well as these last two ultra elites).
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Interesting analysis, Hjort, thank you.
While I was researching schools, I was under the impression that Kellogg was stronger in general management than Columbia, Chicago and MIT, and positively on a par with Wharton. In retrospective, the main difference I can think of between my perception and your analysis is that I considered MC placements to be an indication of general management pedigree.
MCs definitely don't run companies, but they do get to advice CXXs and organizations in general in several issues which would be considered general management issues. On the other hand, their generalist approach is limited as consultancies (and consultants) need to specialize (at least a little bit) and they won't get close to managing all aspects of an organization. In the end, MCs would just advice organizations on the best courses of action for a certain situation but would fall short of running the organization.
L.
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MC placements? elaborate please.
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I believe MC Placements refers to the number of grads who are placed in Management Consultant roles after b-school
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superfocus wrote: I believe MC Placements refers to the number of grads who are placed in Management Consultant roles after b-school
Yeah, exactly.
L.
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GMAT Club Legend
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Does your analysis factor in the different sizes of schools or is just the total number of CEOs without regard to the size of the alumni base. Obviously Wharton will outproduce MIT significantly based on the size of the program alone.
So you would place Chicago ahead of Kellogg for GM? Just curious since I am trying to choose between the two as a school I want to apply to, though touring both may do more to make the decision than anything.
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Similarly, if HBS produces 3x the number of CEOs than the next nearest competitor (assuming it's Stanford), HBS also has 3x as many students as Stanford (roughly)... I would love to know if this stat is normalized for class size or is it just a raw number?
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I would assume that it is probably just the raw number... although I can't really make any guarantees!
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kryzak wrote: Similarly, if HBS produces 3x the number of CEOs than the next nearest competitor (assuming it's Stanford), HBS also has 3x as many students as Stanford (roughly)... I would love to know if this stat is normalized for class size or is it just a raw number?
Exactly:
Shouldn't we compare to relative numbers? I mean HBS has way many more graduates per year than Stanford, right?
I was about to post that when I saw your answer, and that's the way I think...
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Good point regarding per capita production. Stanford looks better under the per capita system since its churns out roughly one graduate for every 2.4 at HBS. Alas, HBS still comes out with a substantial lead.
Per capita production is a bit tempermental because we are dealing with such small numerators that even one change of office can tilt the ratings. Nonetheless, they bunch along these lines:
HBS
Stanford
Wisconsin/Dartmouth
UVA/Chicago/Wharton
Texas/Indiana
Columbia
As usual with these types of rankings, I sincerely hope that candidates regard them as only a tiny piece in the overall impression they are forming of schools.
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Re: The top subcluster for General Management [#permalink]
05 Feb 2008, 10:12
i took agree with kryzak...
There is another point to be considered... if u see...Stanford has more diverse people in compare to HBS and has one of the least acceptance rate..
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Re: The top subcluster for General Management [#permalink]
05 Feb 2008, 19:37
Interesting avenue of exploration, but more diverse in what sense?
Hjort
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Re: The top subcluster for General Management [#permalink]
07 Feb 2008, 19:01
lovesnows wrote: ...Stanford has more diverse people in compare to HBS... More diverse in what sense? Can you ellaborate? Thanks. L.
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Re: The top subcluster for General Management [#permalink]
08 Feb 2008, 07:21
I would argue that HBS probably has more diverse people since it has a MUCH larger student body. Yes the vast majority are the stereotypical MBA students but they also will have the "diverse" people.
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Re: The top subcluster for General Management [#permalink]
20 Mar 2008, 14:07
riverripper wrote: Yes the vast majority are the stereotypical MBA students but they also will have the "diverse" people. What are the stereotypical MBA students? And what is the basis for your assertion? Thanks. L.
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Re: The top subcluster for General Management [#permalink]
20 Mar 2008, 16:50
Lepium dont get so defensive...if you read what I was saying, I was actually saying HBS probably has a very diverse student body. By stereotypical MBA students I am not giving it a negative image. I am talking about consultants, bankers...basically the careers that are feeders to MBA programs in general. The basis for this assertion,its true at every single top program I visited, these are the folks that are common at all schools and make up the vast majority of applicants and students. Are you going to say that is not true at HBS?
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Re: The top subcluster for General Management [#permalink]
20 Mar 2008, 18:11
I'm guessing caucasian, 24-28 yo, finance/banking/consulting people = "stereotypical MBA"?
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Re: The top subcluster for General Management [#permalink]
20 Mar 2008, 18:44
kryzak wrote: I'm guessing caucasian, 24-28 yo, finance/banking/consulting people = "stereotypical MBA"?  Hey Kry it seems like asians are about as common as caucasians...they make up a much higher % of the bschool population than than they do the total population of america. By yes mid 20s people from financial fields and consulting is what I would say is the generic MBA profile...but every school has the former NBA player, olympic medalist, fighter pilot, israeli secret service guy...thats diversity.
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Re: The top subcluster for General Management [#permalink]
20 Mar 2008, 21:03
riverripper wrote: Hey Kry it seems like asians are about as common as caucasians...they make up a much higher % of the bschool population than than they do the total population of america. By yes mid 20s people from financial fields and consulting is what I would say is the generic MBA profile...but every school has the former NBA player, olympic medalist, fighter pilot, israeli secret service guy...thats diversity. It depends on the school and the area. When I was visiting Kellogg and sitting in class, I noticed a significantly lower number of Asians compared to West Coast Schools (for obvious reasons). I think I was one of 5 people in a regular class of 60 or so? Granted, still higher than the US Average of 5%, but much lower than I'm used to.
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Re: The top subcluster for General Management [#permalink]
21 Mar 2008, 23:10
Do you group all asians as a group? e.g. Chinese, Japanese, Korean
(BTW in the UK, Asians mean -> Indian, Pakistan and Bangladesh - a reference point for you if ever you're in the UK on business and this pops up)
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Re: The top subcluster for General Management
[#permalink]
21 Mar 2008, 23:10
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