I never said don't take a look at the rankings to get a rough idea of the best schools. Don't do decimal level analysis..it is meaningless. If you bother to read my next post, I talk about the "clustered" ranking proposed my Hjort and it makes a whole lot sense.
lhotseface wrote:
Why is everyone so obsessed with rankings ?
When I asked the COO of the bank I work for (one of the top20 in the world, with an award winning Derivatives IB arm) about MBAs, I got a one line reply.
Go to a top ten school or don't bother going.When people of that power, in this kind of institution think like that, then if I don't care about rankings then I am wasting my time and money.
You can argue this is self perpetuating all you like, and I would agree. But it is the game. If you want to head into a different industry than me, or want to start your own company, this may not be quite so strongly the case.
There may be better systems, but the simple truth is that my future boss will be looking at the FT, WSJ or BusinessWeek.