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nink
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Rubashov1
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While research is fantastic because it means the faculty are keeping on the cutting edge, this ranking completely ignores whether those faculty actually spend any time in the classroom. As an MBA student, would you rather your school have superstar faculty members who spend all day doing research and writing papers, or who do a bit less research and paper writing and also teach MBA classes?
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As with other subjects, I think the significance of this becomes much more relevant if YOU want to do some research as part of your graduate education. For example I have a friend who probably could get into a top 15 or so Bschool who is currently going for his Phd (he ultimately wants to teach) at Maryland-Smith, his decision makes a lot of sense upon looking at that list. But if you are just looking to learn and apply your education in the business world (which a large part of us I think do), I wouldn't be so worried. Too many good schools not on this list (Darden, Tuck, Yale) to consider it at all holistic.
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...is more research better?

If schools become research factories do they miss out on teaching opportunities? I prefer to see ranking systems blend all sorts of data points.
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IgnitedMind
...is more research better?

If schools become research factories do they miss out on teaching opportunities? I prefer to see ranking systems blend all sorts of data points.

On the flip side, I think there's something to be said for the idea that the traditional rankings underrate research. Much of what you get out of a top b-school is networking, connections, brand, but to look at that alone may represent a missed opportunity. Perhaps graduates of programs with greater intellectual heft go on to be more effective managers when you factor out the effect school brand has on opportunities presented.

(Of course, I do not have any ulterior motive in bringing this up given that I am going to the number 2 school on this list. ;-) )
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lsuguy7
I find this methodology a very "funny" way to rank schools. Also the idea that doing "a lot" of research is better than fewer very substantial research papers is also quite humorous.

I think you will find that the work has to be pretty substantive to get in to one of those journals. Getting journal articles into the specified list (which includes the likes of Econometrica) is a huge challenge.

As rightly observed, this doesn't mean that the faculty member getting the big publications is in the classroom very often. Or worse, when they are in the class room, it doesn't mean they can teach.

Harvard professors are probably too absorbed in coming up with lines about "gazing through windows" and "staring at tea leaves" as allegories for business situations in their cases to write as many academic papers.