Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack

 It is currently 24 May 2017, 00:32

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.

Customized
for You

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

Track

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

Practice
Pays

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

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Let's Crowdsource MBA Rankings!

Author Message
TAGS:

Hide Tags

Manager
Joined: 30 Aug 2010
Posts: 144
Followers: 2

Kudos [?]: 66 [2] , given: 2

Show Tags

15 Nov 2014, 20:15
2
KUDOS
Hey GMATClub -

Clearly, BusinessWeek's latest business school rankings have created a bit of a furor. Let's see if we, as a collective whole, can do any better - at least the top MBA schools.

Partake in this live crowdsourcing initiative here: http://www.allourideas.org/topmbarankings.

The question is "What Top US MBA School would you rather attend?" and gives you two choices. With enough people taking part, we'll generate scores for each university and see who actually comes out best!
Manager
Joined: 30 Aug 2010
Posts: 144
Followers: 2

Kudos [?]: 66 [0], given: 2

Re: Let's Crowdsource MBA Rankings! [#permalink]

Show Tags

17 Nov 2014, 11:17
I've been following the rankings and while early, already 8,000 votes have been cast from US, Canada, Europe, Asia, and South America. We're already seeing some stabilization and clustering as well. Honestly, I think it goes to show that despite the rankings that come out, perceptions are what they are:

The Best:
Harvard - 87 (scores out of 100)
Stanford - 87

- I don't think there's any debate over this (unless you're BusinessWeek). The only reason either of these does not score 100 is because of the other.

Almost H/S:
Wharton - 81

- Clearly behind H/S, but clearly distanced from the rest of pack.

New York Ivy
Columbia - 75

- Surprised to see it this high, as other rankings have it from 5 to 8 - may be benefiting from its New York location.

M7:
Northwestern - 69
Chicago - 69
MIT - 67

- The rest of the "M7". Also shows that people may still speak of Northwestern and Chicago in the same breath, and also wonder if the Chicago location hampers them.

The "M9"?:
UC Berkeley - 56
Dartmouth - 53

- These two schools are consistent in outperforming the remainder of schools - however, still clearly behind the M7.

Almost Elite:
NYU - 45
Duke - 42
Yale - 42

- BusinessWeek's #1 school is fallen to #11 here - meaning on average, there are 10 schools that people would rather go to. That said, Duke and Yale seem to be on their way up, while NYU seems to be heading down.

Almost Almost Elite:
UCLA - 28
UVA - 26
UMich - 23

The Rest of the Best:
CMU - 10
UT - 8

Full List
Harvard - 87
Stanford - 87
Wharton - 81
Columbia - 76
Northwestern - 69
Chicago - 69
MIT - 67
UC Berkeley - 56
Dartmouth - 53
NYU - 45
Duke - 42
Yale - 42
UCLA - 28
UVA - 26
UMich - 23
CMU - 10
UT - 8
Founder
Joined: 04 Dec 2002
Posts: 14917
Location: United States (WA)
GMAT 1: 750 Q49 V42
GPA: 3.5
Followers: 3952

Kudos [?]: 25117 [0], given: 4748

Re: Let's Crowdsource MBA Rankings! [#permalink]

Show Tags

17 Nov 2014, 11:30
Thanks for starting this.
So far the results seem very logical and so far no surprises ...
The main issue/challenge you will run into (just like we run into it with GMAT Club here business-school-discussions-183/?tov=rank ) is that the size of the program matters and some programs are more popular/less popular in terms of applicant numbers.
_________________

Founder of GMAT Club

US News Rankings progression - last 10 years in a snapshot - New!
Just starting out with GMAT? Start here...
Need GMAT Book Recommendations? Best GMAT Books

Co-author of the GMAT Club tests

BSchool Forum Moderator
Status: And so it ends...
Joined: 03 Feb 2014
Posts: 574
Concentration: Strategy, Other
Schools: Johnson (Cornell) - Class of 2017
GMAT 1: 730 Q49 V40
GPA: 2.48
WE: Engineering (Other)
Followers: 18

Kudos [?]: 221 [0], given: 158

Re: Let's Crowdsource MBA Rankings! [#permalink]

Show Tags

17 Nov 2014, 12:56
This is really cool!!

I hope more people visit this and use this. It will bring about some very interesting results.

bb , although size of program can matter in these types of things, I wonder how the "unlimited" voting will be affected or skewed by those willing to dedicate a little more time to get more votes for their favorite programs.
_________________
Manager
Joined: 30 Aug 2010
Posts: 144
Followers: 2

Kudos [?]: 66 [0], given: 2

Re: Let's Crowdsource MBA Rankings! [#permalink]

Show Tags

17 Nov 2014, 17:32
I guess the hope would be that anyone who cares a lot about MBA rankings won't be willing to waste their life clicking through questions.... then again, this is the internet. Hopefully with increasing numbers, that bias goes away! Given how stable the clusters have been lately, there is some proof of that.

In regards to bb's point, I think the question takes all components into consideration: reputation, location, etc. - while making program size less important since survey takers are just considering one school over another. For instance, I would expect that with this question, Haas would outrank Ross nearly every time, despite being nearly half the size.
Manager
Joined: 30 Aug 2010
Posts: 144
Followers: 2

Kudos [?]: 66 [1] , given: 2

Show Tags

23 Nov 2014, 15:28
1
KUDOS
At this point, we're looking at nearly 12,000 votes, from every continent besides Antarctica! Pretty cool.

The scores have all pretty much settled and there has been very little change in the actual rankings themselves, just some of the clustering. I think it goes to show that despite the rankings that come out, perceptions are what they are:

The Best:
Harvard - 89 (scores out of 100)
Stanford - 89

- Again, no debate - (unless you're BusinessWeek). The only reason either of these does not score 100 is because of the other.

Almost H/S:
Wharton - 81

- Clearly behind H/S, but clearly distanced from the rest of pack.

M7:
Columbia: 72
Northwestern - 69
Chicago - 69
MIT - 66

- These schools have all narrowed - they're clearly behind H/S/W, but clearly ahead of everyone else. At this point in the rankings, it seems like from a "which is better" perspective, what really matters is your personal preference on location, career, etc.

The "M9"?:
UC Berkeley - 56
Dartmouth - 52

- These two schools are consistent in outperforming the remainder of schools - however, still clearly behind the M7.

Almost Elite:
NYU - 42
Duke - 42
Yale - 41

- BusinessWeek's #1 school is fallen to #11 here - meaning on average, there are 10 schools that people would rather go to. That said, Duke and Yale seem to be on their way up, while NYU seems to be heading down.

Almost Almost Elite:
UCLA - 29
UVA - 29
UMich - 27
Cornell - 22

The Rest of the Best:
CMU - 10
UT - 8

Full List
Harvard - 89
Stanford - 89
Wharton - 81
Columbia - 72
Northwestern - 69
Chicago - 69
MIT - 66
UC Berkeley - 56
Dartmouth - 52
NYU - 42
Duke - 42
Yale - 41
UCLA - 27
UVA - 29
UMich - 27
Cornell - 22
CMU - 10
UT - 9
Manager
Status: Long time lurker
Joined: 21 Apr 2014
Posts: 62
Followers: 1

Kudos [?]: 10 [0], given: 9

Re: Let's Crowdsource MBA Rankings! [#permalink]

Show Tags

24 Nov 2014, 16:31
Really awesome stuff. Thank you for starting this!

QiuYidio
Current Student
Joined: 28 Jul 2012
Posts: 63
Concentration: General Management, Organizational Behavior
GPA: 3.97
WE: Other (Other)
Followers: 2

Kudos [?]: 13 [0], given: 1

Re: Let's Crowdsource MBA Rankings! [#permalink]

Show Tags

24 Nov 2014, 22:48
Very cool idea. I, like many others, have serious issues with the main business school rankings out there. While there is no perfect way to rank them, I believe that it should be more outcome-based (recruiting ranking, starting salaries, etc.) that based on admission information, which is more easily influenced by institutional actions.

It will be fun to track this going forward as more and more people respond.
Re: Let's Crowdsource MBA Rankings!   [#permalink] 24 Nov 2014, 22:48
Similar topics Replies Last post
Similar
Topics:
The Rank of MBA program in Australia??? 8 18 Jun 2009, 04:12
FT - MBA rankings 2009 1 04 Mar 2009, 17:01
mba deadlines and rankings 5 08 Nov 2008, 22:35
6 2009 USNews MBA Rankings 117 02 Apr 2008, 14:18
Whitefield Consulting MBA Rankings 4 26 Aug 2007, 01:01
Display posts from previous: Sort by