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MBA Rankings: All 2020 Rankings

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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 20 Jul 2011, 13:00
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neo12345 wrote:
Why do people bother looking at the Economist and BW? Their ranking methods are based on strange metrics, and they deviate significantly from the true value of an MBA.

You can debate whatever metrics you like, but most people are interested in a ranking which shows the post-graduation opportunities available and the prestige associated with the degree. The Economist and BW are wrong almost from top to bottom. In particular, BW rankings use an "employer feedback" method, which doesn't make sense. For example, I'm sure Deutsche Bank is upset they cannot hire H/S/W grads for their mediocre salary, so probably prefer the Haas/Columbia grads. Does that mean Haas/Columbia are better schools? I think not ...

U.S. News rankings are the best reflection of the public perception of the degree, the quality of the admits, and the quality of the post-graduation opportunities. People want the most competitive class, the best "seal of approval" on their resume, and the highest ROI on their money AND time. When you consider this, any ranking which doesn't have H/S/W at the top probably doesn't reflect what people are interested in.


Jesus. Could you throw more crap at the wall to make your point?

DB hires multiple grads from H/S/W every year. Just as an example.

Hopefully they teach you a bit about expectation bias at Harvard.
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 05 Oct 2011, 10:26
Rankings should be just done in tiers lets be serious...

Tier 1 - Harvard/Stanford
Tier 2 - Wharton
Tier 3 - Chicago/Columbia
Tier 4 - Kellogg/MIT/Tuck
Tier 5 - Duke/Yale/Ross

Rest starts here
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 11 Nov 2011, 10:23
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batman28 wrote:
Guys,

Quickly.

What does each ranking (business week, forbes, US news, economist, etc) measure differently? What are their methodologies?

And what is M7 for? I understand that the 7 schools get together to discuss stuff but who cares about that really?? I guess I don't because it won't affect my student experience (classmates, location, post MBA salary, job prospect, etc.)

Thanks.


I think it stands for the 'magnificent 7.' It includes H/S/W, CBS, Kellogg, Booth, MIT

But I don't think it means anything besides what you said...just 7 schools who get together and discuss the future of the degree.

As far as how the rankings differ...each of their websites go into great detail about how its rankings were formulated. For instances, some rankings might put more weight on the schools' average GMAT score while another might put more weight on surveyed student satisfaction. This is why the rankings differ.
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 09 Dec 2011, 05:50
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From Forbes (Posted Today)

http://management.fortune.cnn.com/2011/ ... nce-again/

Quote:
This year's Poets&Quants B-school rankings are in and, you guessed it, Harvard takes top honors. A look at this year's winners and losers.
By John A. Byrne, contributor

Harvard Business School takes the top spot in this year's Poets&Quants ranking of the best MBA programs in the U.S.
(Poets&Quants) -- Dimming employment prospects on Wall Street may be causing some jitters on campus, but the mood at Harvard Business School is decidedly upbeat. Many students came back from their summer internships with lucrative job offers in hand, and for the first time in the school's history, the entire first year class of some 900-plus MBA students is about to embark next month on an eight-day global immersion experience.
"We are feeling the pressure of final exams and projects," says Jehan deFonseka, a second-year student who is also editor of The Harbus, the B-school's student newspaper. "One of my professors, Joe Lassiter, gave us the advice, 'Die exhausted, not bored.' So far, this year has lived up to that belief."
And now the school is about to get a pre-holiday present of sorts. For the second consecutive year, Harvard bested all other business schools for the distinction of best MBA program in the U.S., according to a new ranking by PoetsandQuants.
This new P&Q list is a composite of the five major MBA rankings published by Bloomberg BusinessWeek, The Economist, The Financial Times, Forbes, and U.S. News & World Report. The ranking takes into account a massive wealth of quantitative and qualitative data captured in the five major lists, from surveys of corporate recruiters, MBA graduates, deans and faculty publication records to median GPA and GMAT scores of entering students as well as the salary and employment statistics of the latest graduating class.
Top 10 MBA programs in the U.S.
By blending these rankings using a system that takes into account each of their strengths as well as their flaws, we've come up with what is arguably the most authoritative ranking of MBA programs published. The list, which includes the recently released 2011 rankings by The Economist, tends to eliminate anomalies and other statistical distortions that often occur in a single ranking. In any case, the ranking measures the overall quality and reputation of the flagship full-time MBA programs at the schools, rather than the schools themselves.
Right behind Harvard is a familiar group of world-renowned schools whose graduates have long represented the best and brightest in business. Stanford Graduate School of Business is second, the University of Chicago's Booth School of Business is third, the University of Pennsylvania's Wharton School is fourth, and New York's Columbia Business School rounds out the top five.
Among the top 10, eight schools retained their rankings from last year. The two exceptions: MIT Sloan moved up to a fifth place tie with Columbia Business School, up from eighth place last year, largely due to a significantly improved ranking from Forbes. Dartmouth College's Tuck School, despite receiving a No. 1 rank from The Economist this year, slipped two places to No. 8 from sixth place this previous year, primarily because the school fell several places in the rival Forbes ranking.
Compared to most other rankings, the P&Q analysis leads to a far more stable list. Only 11 of the 100 ranked U.S. schools experienced double-digit changes. In some other rankings as many as one out of three or four schools randomly dive or rise by 10 or more places in a 12-month period, even though there have been no significant changes in the quality of the schools. In the P&Q ranking, not a single MBA program ranked in the top 25 had a double-digit increase or decline. In fact, 16 of the 25 schools had no changes in rank at all and another three schools moved just one place up or down.
Who's up, who's down?
Among the top-tier 25 schools, the most notable improvements occurred at the University of Wisconsin at Madison, which moved up six places to a rank of 24 from No. 30 a year ago, and at Vanderbilt University's Owen School, which inched up three spots to 25 from 28 a year earlier. New York University's Stern School, meantime, slipped three positions to a rank of 15 this year from 18 in 2010.
Bigger changes were most likely to occur further down the list, where the qualitative differences among the business schools aren't nearly as great as they are at the top of the ranking. So small changes often can cause outsize results because the schools are so close together in overall quality -- especially "quality" as it can be discerned by an external ranking. In these cases, the most significant changes tended to occur at schools that were either added or dropped from one of the major rankings in the past year.
Washington University's Olin School, for example, plummeted 15 places to No. 41 from 26 because it fell off the top 100 list compiled by The Financial Times and lost ground in two other rankings by Forbes and U.S. News & World Report. Similarly, Ohio State's Fisher School of Business climbed 14 spots by improving in the Forbes ranking and getting onto both The Economist and The Financial Times' rankings. The school had been excluded from those lists a year earlier.
Strong getting even stronger
By and large, these top schools have fared well through the economic downturn and the continued global uncertainty. Though applications have been declining at many leading schools, the starting pay packages for this year's graduating classes were up, along with job offers. At Dartmouth's Tuck School, Havard, and Columbia, 97% of the students had job offers within three months of graduation. And at most schools, the incoming crop of this year's newest students was among the best ever as judged by their GMAT scores and work experience. At Harvard, the median starting salary of a class of 2011 graduate hit $120,000, up from $110,000 a year earlier. And one Stanford MBA landed a hedge fund job in the Northeast that paid the freshly minted graduate a guaranteed bonus of half a million dollars.
Harvard's road to reform
The Harvard honor comes at an opportune time. HBS Dean Nitin Nohira is in the midst of a highly ambitious effort to update the Harvard MBA experience. The curriculum changes are lessening the school's dependence on its previously sacrosanct case method of teaching that has been the dominant pedagogy at HBS since the mid-1920s. The most significant of these alterations has been the introduction of a new first-year course called FIELD (Field Immersion Experiences for Leadership Development). Based on small-group learning experiences that focus on leadership, global business and entrepreneurship, the course puts the focus on learning by doing.
Most daunting for the institution and the faculty is that Harvard has had to line up some 150 organizations willing to give meaningful project work during the January term to 900-plus MBA students in countries as varied as Vietnam, India and China for an eight-day global immersion experience. The whole idea has some rival deans wondering about the outcome.
"What's unique is that it's required," says Robert Bruner, dean of the University of Virginia's Darden School. "Every student will have to do it. It's a big deal. I admire and applaud Harvard. The question is, will this exercise speak to the students? We'll find out. I'm rooting for them, and I admire their audacity."
So far, there has been some student grumbling over their forthcoming project assignments. But overall, the new curriculum changes have been received positively, say students. If The Harbus' deFonseka were handing out HBS grades, which are done by number instead of letters, he would give Dean Nohira a low 1, equal to an A-.
"He has been a very visible dean, and has been open in communicating his plans with students," deFonseka says. "He and his team have been pretty responsive when students have had problems with the new curriculum -- for example, their FIELD location assignments. There is work left to improve the new curriculum, as one would expect, but the direction that HBS is going is definitely the right one."



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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 20 Dec 2011, 21:42
frankly, Poets and Quants seems to have a thing against Wharton..

I dont believe chicago out does wharton..the prestige of wharton is simply something booth will never have.

it goes without saying, top three are going to H/S/W followed by Booth, Kellogg, Columbia, Tuck,


bigdeal1 wrote:
I like the P&Q rankings, it seems reasonable, as it combines the five major MBA rankings - Economist, FT, BW, Forbes, and U.S. News.
Too bad it doesn't include schools outside US.
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 23 Dec 2011, 13:01
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FN wrote:
frankly, Poets and Quants seems to have a thing against Wharton..

I dont believe chicago out does wharton..the prestige of wharton is simply something booth will never have.

it goes without saying, top three are going to H/S/W followed by Booth, Kellogg, Columbia, Tuck,


P&Q doesn't have an opinion... its just an index. That said, I think some schools are short-changed by BW simply because of the consideration set that employers use when considering schools. Many employers don't look at 20 schools... they maybe look at 5-6. So if a school like NYU is being compared to their consideration set of H/W/B/C, they're not going to look so hot... but really they're a top 5 school if you're doing finance. A lower ranked school isn't going to get a bad rating, because it isn't even going to be compared. However, if that lower ranked school is in some nice space where it excels, that part of the school will be expressed.
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 13 Jan 2012, 13:49
I suggest a dis-listing of economist ranking, it's not objective...
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New post 30 Jan 2012, 12:06
Based off some quick calculations I did earlier that I’m not claiming to be error-free, the just released Financial Times rankings should cause a little bit of movement in the cumulative GMATCLUB Fulltime MBA rankings. (I only looked at the Top 20, not all the way down)

Chicago Booth down 1 to 3rd
Stanford up 1 to 2nd

Dartmouth Tuck down 1 to 9th
Northwestern Kellogg up 1 to 8th

Yale SOM down 2 to 15th
Cornell Johnson was tied with YALE for 13th, now tied for 12th with NYU Stern
Michigan Ross up 1 to 14th

Carnegie Mellon Tepper up 1 to tie for 16th with UCLA Anderson

& Texas McCombs up 1 to tie for 18th with Emory Goizueta

Not that any of this matters in the least. :roll:
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 09 Feb 2012, 05:07
Thanks for sharing, but still believe it should only be a reference point. I would not pick one of the Top10 BS if i am not interested in the major it has.
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New post 30 May 2012, 08:54
Does anyone have a historical trends of the rankings over last 10-30 years?

The more I look into it, I realize that rankings do change a lot over time.
For example, 10 years ago, currently strong Kellogg used to be much stronger (in terms of rankings), and stanford was not considered top 1/2 etc. Who knows what'll happen in 10 years from now? I guess it validates the statement that rankings do matter in the short term, but in the long run, personal achievements trumphs the MBA brand.
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 01 Jun 2012, 13:08
gmatmba1 wrote:
Does anyone have a historical trends of the rankings over last 10-30 years?

The more I look into it, I realize that rankings do change a lot over time.
For example, 10 years ago, currently strong Kellogg used to be much stronger (in terms of rankings), and stanford was not considered top 1/2 etc. Who knows what'll happen in 10 years from now? I guess it validates the statement that rankings do matter in the short term, but in the long run, personal achievements trumphs the MBA brand.


That's a solid point; I have personally never looked at b-school rankings older than, say, 2007 or so, and it interests me to think that Stanford may have consistently found itself on the outside looking in or that Kellogg had slowly slipped its power grip. I'm particularly interested in Yale's trend over the next decade or so, as well as even Johns Hopkins business school which isn't on anyone's radar at the moment, but carries with it a significant brand name recognition.
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 13 Jul 2012, 18:05
PranavChamp wrote:
this economist rankings look weird :o
Indeed, I am so confused about they putting VU and LMD before HBS, what is going on here? Have those 2rd,or 3rd tier schools leaped so much thus surpassed Ivey schools, I would like to see the components of ranking metrics.
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New post 01 Aug 2012, 05:44
Thanks but this ranking is seriously FLAWED. You are comparing apples to oranges.

1) You only Rank US schools but include international ranking sources such as Economist and FT that include international schools.
2) You need to adjust your ranking and this is how you do it. Take out non-US schools from Economist and FT and re-rank them. For example, Columbia would be ranked #4 rather than #5 from FT and MIT Sloan would be ranked #5 rather than #7.
3) If you'll rank non-US schools, you can only use Economist and FT as your source (not credible sources), because US News and BusinessWeek do not compile ranking that combined non-US schools with US schools.
4) Can you please adjust the rankings correctly? Your flawed ranking is being viewed by so many potential applicants. If you make these adjustments, your ranking will look materially different.
5) By the way, consider adding Forbes, Find the Best (http://business-schools.findthebest.com/), and TopMBA (http://www.topmba.com/mba-rankings/glob ... th-america) from QS Global 200 Business School Report 2012.
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 04 Aug 2012, 02:18
The updated ranking is full of BS. Remove FT and Economist rankings please. Add back Forbes. Those British magazines know nothing about American schools.
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 08 Aug 2012, 21:35
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Rankings according to our mothers:

#1: the school you got into and went to
#2-4: the schools you got into and ignored for #1
#5-250: the schools you didn't apply to
#251-252: the schools you got waitlisted at
#253-255: the schools you got rejected from

So much easier and the ranking doesn't vary from year to year!
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 20 Sep 2012, 08:21
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Thanks! Some programs have accelerated options.
There is a discussion on those here:

one-year-accelarated-mba-usa-guide-125904.html
http://gmatclub.com/blog/2011/09/is-a-o ... t-for-you/
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 02 Oct 2012, 14:15
Yeah, I wonder how the economist arrives at those results...Seems really off...
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New post 20 Oct 2012, 06:31
sesamemochi wrote:
For anyone who actually uses the Economist rankings, the 2012 one is now out:

http://www.economist.com/whichmba/full-time-mba-ranking


The Economist's ranking is plain laughable. Anyone who knows something about the MBA programs will just ignore it. Virginia no.3??? Wharton no.13????!!! No need to elaborate further. I reckon that poets and quants does a pretty good job with its ranking.
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 22 Oct 2012, 11:43
sesamemochi wrote:
For anyone who actually uses the Economist rankings


ha!!!

Although their writing is certainly the best..
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Re: MBA Rankings: All 2020 Rankings  [#permalink]

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New post 10 Dec 2012, 12:08
The combined ranking shows only US B schools. It would be more beneficial if it include all schools like FT rankings.
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Re: MBA Rankings: All 2020 Rankings   [#permalink] 10 Dec 2012, 12:08

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