It is currently 26 Jun 2017, 17:27


GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

for You

we will pick new questions that match your level based on your Timer History

Your Progress

every week, we’ll send you an estimated GMAT score based on your performance


we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.


Request Expert Reply

Confirm Cancel

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Determining the Best Business School

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Joined: 17 Jul 2004
Posts: 3281
Determining the Best Business School [#permalink]

Show Tags

New post 23 Nov 2005, 02:50
This post was
Many MBA candidates have asked me to name the best business school or the best school in a list of five or six schools. While I cannot name the best business school in the abstract, it is generally possible to ascertain a Criteria Specified Best School (or set of schools).

Naming a best school is impossible in any meaningful sense in the absence of any dimension of evaluation. Once the candidate specifies even one criterion (or dimension of evaluation), the school(s) with the highest standing on that criterion will emerge as the best for that student. However, one criterion almost certainly underdescribes the latent or true set of criteria in the mind of the student. Thus, the student must define multiple dimensions of evalation and how those dimensions are linked.

This brings us to the unfortunate platitude "There is no best school, just a best school for you" that most applicants have probably heard. I confess to having used this one on occasion but I must also confess that it is an essentially meaningless statement. In the absence of criteria there cannot be a best school. Once we have established criteria there must be a best school (or set of best schools) on the basis of those criteria. This platitude reminds us that the best school might vary from student to student since their criteria are likely to vary but this seems pretty obvious. Since we are stating the obvious, it should also be noted that as the criteria sets of two candidates coincide their best school sets coincide as well. If a large number of candidates have similar criteria sets, a large number should have similar best school sets as well. Thus, we should not be surprised that groups of schools such as the ultra elites, elites, and top cluster Europe have emerged as the best school sets for applicants with criteria stressing high employment rates and high salaries.

The "no best school" mentality is dangerous because it risks obscuring substantial differences in opportunity provided by different schools. I have often seen it used as a rationalization when the applicant failed to gain admission to the school that really did provide the best set of opportunities based on the stated criteria.

I encourage all candidates to state their selection criteria explicitly at the beginning of the selection process. Waiting until the process is underway risks compromising these criteria on the basis of other concerns.
Joined: 18 Nov 2004
Posts: 1433

Show Tags

New post 23 Nov 2005, 13:27
Agreed! Shooting for the best is the only way to go. MBA is super costly (which ever school u go to). Personally, in my mind, there is no point in spending astounding $120K + salary loss on schools outside of the Ultra Elite and perhaps few Elite schools. Within these few 7-10 schools I think anyone should be able to find what one is looking for.
  [#permalink] 23 Nov 2005, 13:27
Display posts from previous: Sort by

Determining the Best Business School

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  

GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.