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01 Apr 2016, 11:04
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Hey guys,
I can see that Judge improved from last year according to the FT ranking ==> from 13th to 10th place. Also, the the average salary is 156 k as opposed to 154 k of LBS. How can that be explained ? At the same time average gmat is relatively low at around 690 and acceptance rate relatively high at around 30%. How can that be explained ? So highlly ranked, but at the same time, such high acceptance rate and low gmat ?
I can see that Judge improved from last year according to the FT ranking ==> from 13th to 10th place. Also, the the average salary is 156 k as opposed to 154 k of LBS. How can that be explained ? At the same time average gmat is relatively low at around 690 and acceptance rate relatively high at around 30%. How can that be explained ? So highlly ranked, but at the same time, such high acceptance rate and low gmat ?
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01 Apr 2016, 11:44
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First the average GMAT of 690, as PlastMan mentioned, is not significantly lower than LBS, which has just recently increased from 690/5 to 700. The highest ranked programs in Europe (LBS & INSEAD) both have average GMATs of 700. This is most likely a function of the number of non-native English speakers attending these schools.
Secondly, both LBS and INSEAD are rumored to have acceptance rates that fluctuate significantly. Some say INSEAD & LBS acceptance rates are over 25% in certain years, and others state LBS as low as 13%. My guess is that it is somewhere in between. The fact that they don't publish their acceptance rate suggests that it is much higher than comparative US schools that all tend to be under/around 20%.
Lastly, I don't think you can discount the salary figures so readily, PlastMan. Judge is a 1-year program and attracts a different type of student than LBS. The average age tends to be slightly higher at Judge and people are likely further along in their career. When these people graduate and take jobs in industry (versus consulting/banking) they will command a higher wage in the market.
i think you will continue to see Judge climb in the rankings. It is a relatively new program, but you cannot discount the brand of Cambridge, and their career statistics are on par with LBS and US programs ranked 8-12. I wouldn't be surprised to see it surpass the Spanish schools, that have no name recognition outside of Europe, in rankings other than the FT in the next few years.
Secondly, both LBS and INSEAD are rumored to have acceptance rates that fluctuate significantly. Some say INSEAD & LBS acceptance rates are over 25% in certain years, and others state LBS as low as 13%. My guess is that it is somewhere in between. The fact that they don't publish their acceptance rate suggests that it is much higher than comparative US schools that all tend to be under/around 20%.
Lastly, I don't think you can discount the salary figures so readily, PlastMan. Judge is a 1-year program and attracts a different type of student than LBS. The average age tends to be slightly higher at Judge and people are likely further along in their career. When these people graduate and take jobs in industry (versus consulting/banking) they will command a higher wage in the market.
i think you will continue to see Judge climb in the rankings. It is a relatively new program, but you cannot discount the brand of Cambridge, and their career statistics are on par with LBS and US programs ranked 8-12. I wouldn't be surprised to see it surpass the Spanish schools, that have no name recognition outside of Europe, in rankings other than the FT in the next few years.
Or even people from outisde the UK who are not familiar with MBAs and educational ''terms'' in general. When you go into politics, you need to win the average voter nad he is not that informed. If you went to Cambridge then you went there, go figure what does "MBA" or "Undergrad" mean 
