{"id":26278,"date":"2014-11-12T14:54:08","date_gmt":"2014-11-12T21:54:08","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=26278"},"modified":"2014-11-16T15:10:46","modified_gmt":"2014-11-16T22:10:46","slug":"businessweek-rankings-2014","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/businessweek-rankings-2014\/","title":{"rendered":"Businessweek Rankings 2014"},"content":{"rendered":"

Let\u2019s see how full-time MBA programs<\/a> in the U.S. fared this year on the BW <\/em>rankings\u2026<\/p>\n

\"Check<\/a><\/p>\n

There were some huge changes this year! Let\u2019s take a look at some of the highlights:<\/p>\n

\u2022 Newcomers to the top 20 this year are Yale SOM<\/a>, which made a huge jump from 21st<\/sup> place to 10th<\/sup> place; Maryland Smith which went from 24th<\/sup> to 17th<\/sup> place; and Emory Goizueta<\/a> which jumped from 22nd<\/sup> place to 18th<\/sup> place this year.<\/p>\n

\u2022 There are three new schools in the top 10 this year \u2013 Yale SOM, as mentioned above; Columbia Business School<\/a> (13th<\/sup> in 2012 and 5th<\/sup> this year); and CMU Tepper<\/a> (which moved just one place from 11th<\/sup> place to 10th<\/sup> place).<\/p>\n

\u2022 Beyond that, there was some major shifting in the rankings. The top 3 schools were all different this year (Wharton<\/a> and Booth<\/a> still there, but rearranged), with Harvard Business School<\/a> falling from 2nd<\/sup> place to 8th<\/sup> place.<\/p>\n

\u2022 UVA Darden<\/a> also fell significantly this year, from 10th<\/sup> place to 20th<\/sup>.<\/p>\n

\u2022 Big jumpers further down the rankings include Rice University Jones (from 34th<\/sup> to 25th<\/sup>); UC Irvine Merage (43rd<\/sup> to 31st<\/sup>); and Rochester Simon (50th<\/sup> to 38th<\/sup>).<\/p>\n

\u2022 The schools that fell the most in the rankings include Texas A&M Mays (26th<\/sup> to 42nd<\/sup>); University of Wisconsin-Madison (33rd<\/sup> to 44th<\/sup>); Boston University (39th<\/sup> to 57th<\/sup>); Babson Olin (from 42nd<\/sup> to 58th<\/sup>); Thunderbird (45th<\/sup> to 62nd<\/sup>); and Arizona Carey (49th<\/sup> to 67th<\/sup>).<\/p>\n

And here's the scoop on the best U.S. undergraduate business schools <\/a>in 2014...<\/p>\n

\"Do<\/a><\/p>\n

Some highlights include:<\/p>\n

\u2022 Newcomers to the top 20 are Northeastern (from 25th<\/sup> last year to 19th<\/sup> this year) and CMU Tepper (from 24th<\/sup> last year to 17th<\/sup> this year).<\/p>\n

\u2022 The only new school in the top 10 this year is Indiana Kelley<\/a>, which jumped from 13th<\/sup> place last year to 8th<\/sup> place this year.<\/p>\n

\u2022 Michigan Ross<\/a> fell from the top 10, from 8th<\/sup> place to 12th<\/sup> place.<\/p>\n

\u2022 Big jumpers include Southern Methodist Cox, which jumped from 30th<\/sup> to 21st<\/sup> place; Babson, which jumped from 36th<\/sup> place to 26th<\/sup> place; UM Amherst Isenberg, which jumped from 45th<\/sup> to 36th<\/sup>; Bryant, which jumped from 63rd<\/sup> to 49th<\/sup>; and Case Western Reserve Weatherhead which jumped from 69th<\/sup> to 50th<\/sup>.<\/p>\n

\u2022 Big falls include Villanova, which fell from 15th<\/sup> place to 24th<\/sup>; U of Illinois Urbana-Champaign which fell from 21st<\/sup> to 34th<\/sup>; and James Madison University which fell from 29th<\/sup> to 40th<\/sup> place.<\/p>\n

For details on how ranking methodology see:<\/p>\n

\u2022 Best Business Schools 2014: How They Were Ranked<\/a><\/p>\n

\u2022 Best Undergraduate Business Schools 2014: How We Ranked Them<\/a><\/p>\n

Analysis of the 2014 Businessweek<\/em> Rankings<\/strong><\/span><\/h4>\n

Businessweek <\/em><\/strong>made changes to its methodology (presented here<\/a> and analyzed here<\/a> by John Byrne, the founder of the BW<\/em> rankings) this year.<\/p>\n

The Basics of BW<\/em>\u2019s Rankings Remain Unchanged<\/strong><\/p>\n

This year, as in the past, BW<\/em> surveyed recruiters and students. The recruiter satisfaction results comprise 45% of the ranking. The student satisfaction survey results comprise another 45% and the remaining 10% is determined by \u201cexpertise of each school\u2019s faculty\u201d as evidenced by faculty research published in prominent academic journals AKA intellectual capital.<\/p>\n

What\u2019s New in BW<\/em>\u2019s Rankings Methodology?<\/strong><\/p>\n

\u2022 The employer ranking reflects this year\u2019s data only. <\/strong>Previous rankings used data from the last three surveys or six years of biannual rankings data while weighting the most recent year most heavily.<\/p>\n

\u2022 BW<\/em> surveyed fifteen times<\/em> the recruiters this year than it did in previous years. <\/strong><\/b>Previously, BW<\/em> surveyed major recruiters who tended to recruit at multiple business schools. This year, BW<\/em> attempted to survey as many MBA recruiters as possible, including \u201crecruiters\u201d who recruit primarily if not exclusively at their alma mater. The increased survey size is a major methodology change. The alumni recruiters may have a certain bias towards the school they attended. BW<\/em> attempted statistically to reduce the impact of that bias, but it probably helped smaller schools like Duke, Tepper, and Yale, and hurt the traditional leaders, like Harvard, Wharton, and Chicago.<\/p>\n

Impact of the Methodology Changes<\/strong><\/p>\n

\u2022 Surprise! <\/strong><\/b>The results will shock many applicants. Seven programs, including Duke and Yale, rank above HBS and MIT. Indiana Kelley and Maryland Smith rank above Haas, NYU Stern, and Darden. These are unexpected results.<\/p>\n

\u2022 Reemphasizes the importance of understanding methodology. <\/strong>The changes highlight the need for anyone using the rankings as indications of \u201cquality\u201d or even reputation and brand value (a bad idea in my book) to look at the underlying data. Smith is ranked overall at 17. It was ranked #1 for student satisfaction and #51 in the employer survey ranking. Applicants to Smith should inquire about what is changing in its career management center. Clearly there is a satisfaction gap that has to be addressed.<\/p>\n

\u2022 Increased volatility. <\/strong>Since BW<\/em> has removed older rankings data from the ranking and has dramatically widened the survey pool while incorporating alumni recruiters, you are guaranteed to see more changes and more radical changes than with the previous methodology.<\/p>\n

\u2022 Cognitive Dissonance. <\/strong>Either BW<\/em> rankings will lose credibility because they don\u2019t conform to expectations and will be more volatile, or people\u2019s perception of the programs will change because of the BW<\/em> rankings.<\/p>\n

My money is on the former: loss of credibility. If BW<\/em>\u2019s results become less stable and predictable (like The<\/em> Economist<\/em>\u2019s<\/a>), they are more likely to lose credibility than to contribute to changes in school reputation.<\/p>\n

As always my best advice to applicants reviewing the rankings<\/a> is to:<\/p>\n

\u2022 Use specialty rankings to get a sense of what schools excel in your areas of interest.<\/p>\n

\u2022 Use the data that the ranking databases provide.<\/p>\n

\u2022 If you have any thought of actually using the overall rankings, understand what they measure, and ask yourself if those qualities are of paramount importance to you. BW<\/em> has been wonderfully transparent and even shared the questions actually asked in the survey.<\/p>\n

\u2022 Layer in reputation and brand, i.e. ranking, after determining what schools best support your goals and are most likely to accept you.<\/p>\n

\"Are<\/a><\/p>\n

\"Linda<\/a>By Linda Abraham<\/a>, president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, <\/em>MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools<\/a>.<\/a><\/em><\/p>\n

 <\/p>\n

Related Resources:<\/strong><\/p>\n

\u2022 2014 Economist MBA Rankings<\/a>
\n\u2022 MBA Rankings: Why Should I Care?<\/a>
\n\u2022 U.S. News 2015 Best Colleges<\/a><\/p>\n

Accepted.com's experienced admissions consultants<\/span><\/a> can help you create the most impressive application possible with comprehensive packages<\/span><\/a>, <\/i><\/b>or provide targeted assistance from picking perfect programs<\/span><\/a> to designing a dazzling resume<\/span><\/a>, constructing engaging essays<\/span><\/a>, or preparing for intense interview<\/span><\/a>s<\/span><\/a>\u2026and more! Accepted.com has guided thousands of applicants to acceptances at top MBA programs since 1994 \u2013 we know what works and what doesn't, so contact us<\/span><\/a> to get started now!<\/p>\n

This article originally appeared on the Accepted Admissions Consulting Blog<\/a>, the official blog of Accepted.com.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Let\u2019s see how full-time MBA programs in the U.S. fared this year on the BW rankings\u2026 There were some huge changes this year! Let\u2019s take a look at some of…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,939,775,113,243],"tags":[988,1896,39,824,27,12],"class_list":["post-26278","post","type-post","status-publish","format-standard","hentry","category-mba","category-accepted","category-admission-consultants","category-applications","category-blog","tag-full-time-mba-rankings","tag-mba","tag-mba-admissions","tag-mba-rankings","tag-rankings","tag-the-mba-application-process","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/26278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=26278"}],"version-history":[{"count":2,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/26278\/revisions"}],"predecessor-version":[{"id":26347,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/26278\/revisions\/26347"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=26278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=26278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=26278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}