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Why New York University Fell in the Best Business Schools Rankings

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Author Message
Current Student
User avatar
Joined: 08 Nov 2013
Posts: 166

Kudos [?]: 309 [0], given: 125

Concentration: Finance, Leadership
GMAT 1: 710 Q43 V44
GMAT 2: 770 Q49 V46
GPA: 3
Reviews Badge
Why New York University Fell in the Best Business Schools Rankings [#permalink]

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New post 15 Mar 2016, 22:24
Why Stern’s Ranking Fell to 20, and Why You Shouldn’t Take it at Face Value
— March 16, 2016
US News and World Report published its rankings of full-time MBA programs today, and Stern dropped from 11 last year to 20 this year, we know why, and here’s why you shouldn’t accept it at face value.

US News shared the rankings with us last week. We were surprised, looked at the data, and found that Stern’s scores were higher than a number of other schools with higher ranks (see here for example.) So we challenged their ranking of Stern.

US News told us that Stern's drop was largely attributable to a single missing data point – one missing answer (concerning how many students submitted GMAT scores) out of over 300 questions. In its absence, US News had substituted an “estimated” number (we do not know how this estimate was derived.)

We promptly provided the correct information, but US News declined to adjust the rankings.

The failure to submit the data is ours; that said, it was wholly unintentional, it’s a question we’ve always answered in the past, US News never flagged the missing information, and the missing data was virtually identical to last year’s. Going forward, we will further tighten the procedures for data submissions so such lapses do not recur.

I thought it important to write you because it is not right to let this ranking stand without comment given that we know it is based on faulty information that we sought to correct before US News released its rankings publicly.

In addition, for both prospective students and current members of our community, I would ask you to bear in mind: in the real world Stern’s outstanding quality is no different this week than it was last week.

Sincerely,
Peter Henry
Dean, NYU Leonard N. Stern School of Business
_________________

"Never, Never, Never give in."

From 510 to 770:
http://gmatclub.com/forum/510-to-770-49q-46v-7ir-what-worked-for-me-2-years-176580.html#p1394349

From 2 dings to multiple admits (use Paul Bodine):
http://gmatclub.com/forum/best-admissions-consulting-companies-2015-season-190156.html#p1492255

Kudos [?]: 309 [0], given: 125

Current Student
User avatar
Joined: 08 Nov 2013
Posts: 166

Kudos [?]: 309 [0], given: 125

Concentration: Finance, Leadership
GMAT 1: 710 Q43 V44
GMAT 2: 770 Q49 V46
GPA: 3
Reviews Badge
Re: Why New York University Fell in the Best Business Schools Rankings [#permalink]

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New post 15 Mar 2016, 22:25
http://www.stern.nyu.edu/experience-ste ... oredetails

http://www.usnews.com/education/blogs/c ... s-rankings
_________________

"Never, Never, Never give in."

From 510 to 770:
http://gmatclub.com/forum/510-to-770-49q-46v-7ir-what-worked-for-me-2-years-176580.html#p1394349

From 2 dings to multiple admits (use Paul Bodine):
http://gmatclub.com/forum/best-admissions-consulting-companies-2015-season-190156.html#p1492255

Kudos [?]: 309 [0], given: 125

Re: Why New York University Fell in the Best Business Schools Rankings   [#permalink] 15 Mar 2016, 22:25
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Why New York University Fell in the Best Business Schools Rankings

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