Well, I’ve anticipated that somebody will start this topic

Great initiative, Devil! I certainly could not miss this deathmatch of the millennia. My apologies for a very long and perhaps boring post ahead.
I am in a position similar to Buffdaddy’s: theoretically, I still might end in either of these two schools – have an offer from Oxford and waitlisted after interview at Cambridge – which doesn’t encourage expressing too emotionally loaded opinions. But the truth is that I value both schools rather high, and now I feel that I ought to say a few good words for Cambridge… even though I am aware of JBS weaknesses.
I will start with the admission process, as it gives rise to the most number of complains. True, my own experience with Cambridge admissions was less pleasant than with the one at Oxford (and not only because I didn’t get an admit) – but I wouldn’t state that Judge is necessary less professional in this aspect than Said. Even if quite a lot of applicants are not pleased with JBS admissions, it still doesn’t mean that their admission process is ineffective. In fact, it works very smooth – providing that you manage to get through it from the first try, which I, unfortunately, couldn’t.
Their front office staff is also quite professional (I’m sorry, but here I can’t agree with you, Buffdaddy). Those failures we witness – such as constantly missing the deadline or never reviewing the waitlist – is, to my opinion, an indication of a more global problem in the organisation of business processes at JBS. Yes, it’s certainly a weakness, and a significant one. Though, not unexpected: it reflects the disadvantages of the very nature of school’s culture, which, as I mentioned earlier, is rather non-traditional and even chaotic. But some people like its, let’s say, ‘personal touch’, and so could be more forgiving about its drawbacks.
Next, a few words regarding (presumably unjustified) JBS selectivity. The adcom put a lot of effort in selecting those applicants they want – choosing right people is their first priority – and their offer candidates are not necessary ‘typical MBA superstars’: a lot of dings for people with 750+ GMAT and top positions proves it. And the adcom manage to do the biggest part of job before the interview – thus, so few invites. True, JBS is very selective, but it isn’t the most selective school in the world. And I wouldn’t say that their selectiveness is unjustified: the problem is that a great number of people still perceive them as a safety/subpar to LBS and INSEAD, and, consequently, put less effort to the app preparation, taking an invite for granted… and then get their dings. And anyways, I somehow don’t think that ‘how-dared-that-lousy-school-not-to-admit-such-a-great-candidate-as-Magical-Me!’ type of persons would be a good catch for any school, least of all JBS, which puts a lot of emphasis on their collaborative spirit (hmm… perhaps I myself am such a person… that explains a lot

).
Besides, I have a feeling that their admission criteria may considerably fall for R3 and R4. They probably won’t have enough number of people on the waitlist to compensate this. Overall, I’d say the level of their class will be roughly the same as it was the last year. But this was just by the by.
Now, I’m finishing this never-ending tale of Heavenly Pleasures with Cambridge Adcom and move to more objective things – namely, to the JBS and SBS comparative positions in rankings and the analysis of their respective strengths and weaknesses.
I used FT Global MBA ranking as the most relevant one and compared the available data from 2002 till 2009. Those who’re interested may see the enclosed file with Excel tables for the characteristics I considered.
First, both JBS and Said experienced fluctuations in their ranking positions. But Devil420 is right in that the jumps for JBS were considerably more pronounced.
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During the last three years, however, JBS consistently outranks Said. Perhaps, their admission policy is starting to pay off?
Furthermore, Value-for-Money trend is similar to the overall ranking, with Judge leading during the last four years. Btw, this characteristic is a good estimation of schools’ comparative reputation among applicants: at the moment, the majority value JBS a bit higher.
So, it seems that Said is starting to fall behind, even if slightly. I regret to admit it, because I personally see it as at least no less strong school that JBS.
Why is this happening? I mentioned earlier in other thread that such a trend may be due to Said’s less emphasised selectivity. What an irony: people blame JBS for the same thing they rate them higher… But that’s how it works: high selectivity – which, by the way, is possible only if yield control methods are well-developed – leads to a perception that school is more prestigious and that students are of higher quality, which, in turn, leads to stronger reputation among the recruiters… which, finally, leads to an overall stronger school reputation and inspires better qualified people to apply – and the circle is complete. This year, Said’s terminating its loan scheme could force them to become even less selective, which, along with an associated loss in school reputation, is by no means a good thing for them.
However, there’s another factor that might have contributed to Said’s losing its position comparing to Judge. Let’s consider two job-related characteristics: Placement Success and Career Progress. The first one is a measure of effectiveness of a school career service, the second one is an indication of whether students ended up at better jobs after graduation than prior to their MBA. These characteristics might seem similar, but the difference is very important here: the first one evaluates how the school can help students to get good jobs, while the second one just shows how well students are employed (regardless of how they found a job). And, while we see that the level of jobs and salary is comparable for both schools, JBS’s career service seems to be way better, according to alumni opinions. Now, since a major purpose of having an MBA is to find a better job (for many people), such situation puts Said in not very good light.
Still, even despite career service appeared to be not that helpful, alumni still regard their experience at Said very high – higher that Judge’s alumni (see Aims Achieved). Who knows, maybe it’s perhaps their goals were less prosaic, and they dreamed not about a job at Big 4, but rather about some Greater Good… Said focuses in non-profit and social entrepreneurship, after all… or maybe it’s because their expectations were lower from the very beginning. Now, as I’m a hopeless romantic, I choose to believe in former explanation
Overall, as we can see, in the last few years Judge seems to have gained more – in ranking, reputation, effectiveness – than Said. True, JBS has no such distinct focus in some specific areas, but as it positions itself as a well-balanced programme with an inclination to general management, I don’t see this lack of focus as a weakness. Speaking of main weaknesses – I’d say that Judge’s is some gaps in their organisational business processes, and Said’s is an insufficient development of at least one key function (career service… and I’m not sure about strategic marketing: it’s a question whether they need to promote the school more actively). All this is only IMHO, of course.
Now, I’m ending this way too long a post, and would like to wish good luck to all of the Oxbridge applicants, whichever school they choose as their dream one. As for me – when I started the application process, I had more love for Judge, and more respect for Said. Today, my respect for Said grew stronger – but my love for Judge almost ceased to exist. I know that disappointments are inevitable in our MBA adventure... and I wish you experience as little of them as possible.