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Yes, especially Irvine. I at least knew Rice had a pretty good program, but have either overlooked Irvine, or it is absent from anything I have seen. I, personally, found the Global Rankings to be somewhat similar to what you would find elsewhere and possibly even a pretty good indicator of such, but the U.S. rankings just seemed off on a few schools (i.e. Smith/Maryland very high, as well as Irvine. Notably missing from the list seems to be Darden/Virginia)
Apparently some time back (not sure when) Irvine was the highest ranked MBA program at Southern California, ahead of UCLA and USC. I am not very sure whether the person who told me this had this info from reliable sources.
Not surprised to see Irvine on that list, although the school is quite small and most of the students take jobs in OC, San Diego or LA region.
There are some odd rankings among the US schools. Placing Emory above three of the four public elites is pretty hard to take seriously (higher than Michigan/Ross, UC Berkeley/Haas, and UVA/Darden). UC Irvine is a fine institution and it makes sense for its MBA program to climb in the rankings over time. However, I do not think that this era arrived yet.