Last visit was: 11 Dec 2024, 19:45 It is currently 11 Dec 2024, 19:45
Close
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
Your Progress

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
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
avatar
marlow4
Joined: 09 Mar 2010
Last visit: 31 Jan 2011
Posts: 18
Own Kudos:
GPA: 3.8
Posts: 18
Kudos: 2
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
RiaLucia
Joined: 09 Jul 2010
Last visit: 28 May 2011
Posts: 20
Own Kudos:
Given Kudos: 7
Location: San Diego, CA
Schools:University of San Diego
Posts: 20
Kudos: 12
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
BM
Joined: 28 Sep 2009
Last visit: 07 Jun 2015
Posts: 1,505
Own Kudos:
Given Kudos: 432
Status:Graduated
Affiliations: HEC
Concentration: Economics, Finance
GMAT 1: 730 Q48 V44
GMAT 1: 730 Q48 V44
Posts: 1,505
Kudos: 1,147
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
jon82
Joined: 08 Feb 2010
Last visit: 21 May 2013
Posts: 47
Own Kudos:
Given Kudos: 11
Schools:Oxford '11
Posts: 47
Kudos: 13
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bmillan,

You might take this ranking with a grain of salt. The Economist is one of my favorite publications, but their MBA ranking (EIU) system lacks credibility. Eighty percent of the weight of their ranking comes from unaudited information that the schools provide. And the schools come up with some pretty egregious stuff: For example, if I recall correctly, HEC gives an average salary on exit of $124,000. Hmmm...

You know what they say: garbage in, garbage out. So, IESE gets ranked 1st, Wharton 9th, Vierick Leuven (????) 10th, INSEAD 23rd, Oxford 47th, UCLA 50th, etc, etc.

Unfortunately, I haven't seen an international ranking system that really nails it. Until then, I would recommend that prospective MBA candidates do their homework rather than expect dodgy figures to make the decision easy: figure out why you want an MBA and then talk with prospective employers, look at the (auditable) placement statistics, and speak with the schools. Oxford students land great jobs, and did so even during the worst economy in recent memory (see the link below). That's all that matters to me.

https://www.sbs.ox.ac.uk/mba-employment- ... efault.htm

-J
User avatar
jon82
Joined: 08 Feb 2010
Last visit: 21 May 2013
Posts: 47
Own Kudos:
13
 [1]
Given Kudos: 11
Schools:Oxford '11
Posts: 47
Kudos: 13
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Oops. Oxford 42nd. Whatever. Here is my source about EIU.
https://poetsandquants.com/2010/07/10/th ... a-ranking/
User avatar
buffdaddy
Joined: 14 Oct 2007
Last visit: 13 Jan 2011
Posts: 546
Own Kudos:
300
 [1]
Given Kudos: 8
Location: Oxford
Schools:Oxford'10
 Q49  V37
Posts: 546
Kudos: 300
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Hi bmillan01,

MBA Rankings are like comparing Golf scores on different golf courses. One can't really compare them.

What rankings are good for actually is looking at a single programme and figuring out what are the strengths/weaknesses of the program. So for example, Oxford has great facilities, a diverse student body, but being a young programme (I am in the 14th MBA class - ever), there are relatively few CEOs out there who are SBS alums. Again, using the Golf analogy, the tee shots are good, the putting will improve with practice.

With MBA Rankings being shoddy, I'd also read various careers reports of schools with a grain of salt - SBS included. Remember, careers reports are marketing material. True due diligence of your future school is done by going and talking to people, asking tough questions, and sitting in on real classes (not MBA openday classes).

I know I did, and frankly, I am extremely happy with the Oxford MBA!
User avatar
BM
Joined: 28 Sep 2009
Last visit: 07 Jun 2015
Posts: 1,505
Own Kudos:
Given Kudos: 432
Status:Graduated
Affiliations: HEC
Concentration: Economics, Finance
GMAT 1: 730 Q48 V44
GMAT 1: 730 Q48 V44
Posts: 1,505
Kudos: 1,147
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Thanks for the replies, buffdaddy and jon82! I certainly share a similar level of suspicion regarding rankings from any publication - The Economist in particular.

With that said, its rankings are too puzzling for me to resist. Even if we recall that 2009 was a disruptive year, and even if we compare the employment statistics of Judge with that of Said, the discrepancy between the two in terms of rankings still doesn't make much sense.

But, as you both stated, this is nothing to lose sleep over. I just couldn't help but express my curiosity with some of their bizarre rankings. I hope that my earlier post didn't suggest anything more than that.

Thanks again! :)
User avatar
a11c99
Joined: 09 Feb 2010
Last visit: 04 Oct 2011
Posts: 90
Own Kudos:
Given Kudos: 14
Location: Eastern Europe
Schools:Oxford'11
Posts: 90
Kudos: 10
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Hi, I would suggest also the Financial Times 2010 Global MBA ranking: https://rankings.ft.com/businessschoolra ... a-rankings
In my opinion, FT is a consistent and conservative ranking - the placement of schools from year to year don't vary very much, as is the case for EIU MBA ranking, where schools could jump up or down even 20-30 places!

On the basis of 2008 data, Oxford it's on the 18th place, which I would say it's fair, considering both Oxford's strong and weak points.
User avatar
MBAbot
User avatar
Non-Human User
Joined: 01 Oct 2013
Last visit: 01 Oct 2013
Posts: 945
Own Kudos:
Posts: 945
Kudos: 43
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Hello from the GMAT Club MBAbot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
   1   2 
Moderator:
BSchool Forum Moderator
1 posts