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Re: Calling all Duke-Fuqua Applicants(2015 Intake) Class of 2017
[#permalink]
12 Nov 2014, 09:46
12 Nov 2014, 09:46
asimov wrote:
The fact that schools move around so much in BW is a result of the fact that the scoring clusters the schools so close, that small changes in results can sway the rankings. In another word, instead of the linear appearance of 1, 2, 3 ranking, the schools are more grouped like 1, 1.01, 1.04, 1.045, 1.05, 2.02, 2.021... The usefulness of the ranking is to see the clustering within the rankings, since those schools are likely to have similar performance.
One thing I do like about BW is that it doesn’t tamper with the survey “noise”. Whereas I strongly believe USNews does. For example, for law school ranking, the same 14 schools are ALWAYS ranked in the top 14. It is hard for me to imagine that a #15 school (UT, UCLA, Vandy) has NEVER outperformed a #14 (Cornell, Georgetown) school in the history of USNews ranking. There have been many law school scandals, changes in regional economic prominence since the inception of USNews ranking. NEVER once is hard to imagine. Underdogs can get lucky once or twice, just look at all the Cinderella teams in March Madness.
For me, BW is like a startup. It’s trying to reflect the changing business school climate. USNews is like IBM, staying the conservative course -- “no one ever got fired for buying IBM.”
One thing I do like about BW is that it doesn’t tamper with the survey “noise”. Whereas I strongly believe USNews does. For example, for law school ranking, the same 14 schools are ALWAYS ranked in the top 14. It is hard for me to imagine that a #15 school (UT, UCLA, Vandy) has NEVER outperformed a #14 (Cornell, Georgetown) school in the history of USNews ranking. There have been many law school scandals, changes in regional economic prominence since the inception of USNews ranking. NEVER once is hard to imagine. Underdogs can get lucky once or twice, just look at all the Cinderella teams in March Madness.
For me, BW is like a startup. It’s trying to reflect the changing business school climate. USNews is like IBM, staying the conservative course -- “no one ever got fired for buying IBM.”
hahaha ... funny comparison...
I read this article today by BW. https://www.businessweek.com/articles/2014-11-10/best-business-schools-2014-methodology-for-ranking-schools
It explains the methodology in detail. I am really impressed to be honest, since that's a lot of data to handle. According to it the ranking of top schools is in almost correlation with the recruiter ranking received by them, as in top schools the student ratings / scores were pretty much bunched up.
However, the grouping structure theory doesn't really hold water in this specific case, since the vertical movement in ranking is too much (refer to the instances I quoted in last post). I will take your word regarding USNews though, since I don't much follow it and know nothing.
Re: Calling all Duke-Fuqua Applicants(2015 Intake) Class of 2017
[#permalink]
12 Nov 2014, 09:52
12 Nov 2014, 09:52
mbathisyear wrote:
neo656 wrote:
flewbye wrote:
Bottom line, there are a lot of really great schools in this country. Duke being number one is simply a testament to the fact that it is an awesome school, and this is something that all associated with the school should be proud of. In the end, Fuqua is the exact same school today that it was when US News said it was the fourteenth best school in the country earlier this year. The same can be said for Harvard, Stanford, etc... Even if the rankings are inconsistent, you have to be doing something right to be ranked #1.
You got a point, but personally I'd have preferred Duke being ranked #1 by a ranking which had some higher level of reliability.
If you are accepted at both Harvard and Duke, where would you go? More importantly, if a recruiter had a choice between two candidates with same abilities but one from Harvard and the other from Duke, who would s/he accept? I believe answer to these questions would help judge the rankings better.
Have a look at this https://www.businessweek.com/articles/2014-11-11/best-business-schools-2014-the-complete-rankings-table
Apparently recruiters love Fuquans more than HBS grads, #2 compared to #7. Not making any conclusions though, just an observation.
Re: Calling all Duke-Fuqua Applicants(2015 Intake) Class of 2017
[#permalink]
12 Nov 2014, 09:52
12 Nov 2014, 09:52
BW has Wake Forest ranked in the top 50 - and they no longer have a full-time program. I understand this happened recently, but they should update the rankings.
