Should NYU Dean Peter Henry be fired?

2016 USNews MBA Rankings

1 Harvard University

2Tie Stanford University

2Tie University of Chicago (Booth)

4 University of Pennsylvania (Wharton)

5Tie Massachusetts Institute of Technology (Sloan)

5Tie Northwestern University (Kellogg)

7 University of California—​Berkeley (Haas)

8Tie Dartmouth College (Tuck)

8Tie Yale University

10 Columbia University

11 University of Virginia (Darden)

12Tie Duke University (Fuqua)

12Tie University of Michigan—​Ann Arbor (Ross)

14 Cornell University (Johnson)

15 University of California—​Los Angeles (Anderson)

16Tie University of North Carolina—​Chapel Hill (Kenan-​Flagler)

16Tie University of Texas—​Austin (McCombs)

18 Carnegie Mellon University (Tepper)

19 Emory University (Goizueta)

20 New York University (Stern)

 

"If I was an MBA candidate and I saw how Stern dropped in the rankings, I would demand Peter Henry be fired."

Let me get this straight: You would demand he be fired? What would you do when they ignored your demand, drop out?

If you don't know who the sucker is at the table, it's you.
 
Best Response

No, I would demand two thing 1) Resignation of the Dean Peter Henry 2) A tuition reduction of 30%

These rankings are supposed to accurately reflect the ordinal values of the schools brand, recognition, job placement, education quality, etc.

I am not a Stern MBA. I am just letting you know its unfair for someone to pick a school such as Stern over other schools for it then later drop by 10 slots in the ranking. People make life changing decisions over which schools to attend using these rankings. Whether or not to quit jobs. Where to pay 130k to attend school again. People make life changing decisions using these rankings.

This isn't an F-ing joke! Stern MBA's are not laughing right now, I bet you they are damn angry!

If your a Stern MBA or Stern Alum come out and let your voice be heard . Your paying 130k for this MBA degree your a the customer the school has to be catering to your needs. NYU has to know this guy is destroying the value and reputation of your degree. Peter Henry needs to be fired!

 

See! What did I say??? This guy is probably a Stern grad. This is how I would feel if I was a Stern student/grad (more so if I was an MBA student/grad). Your paying 130k for this F-ing degree. MBA programs are about brand value. It is the Deans job and the schools responsibility to protect that brand value. Stern is a brand. Not just a degree. It is no different than UnderArmour, Nike, Ferrari, Porsche, Rolex, etc. It's their responsibility to uphold the integrity and respectability of that brand.

 

Rankings really don't matter in the ordinal sense, recruiters think in tiers and they're probably broader than the HSW, M7 that WSO thinks of. For them it may be as simple as we recruit there or we don't. For most people in finance there is a recognition of which schools are good but I doubt if you asked my MD where Harvard ranked in US News or Booth was in Bloomberg that he would A) know or B) care. He'd know that they're both very good. Also for most people the rankings have a huge weakness they don't recognize geography or career aspirations, if you want to be in Atlanta it might make sense to take Emory or even Vandy over UCLA or Berkley. Likewise if you want tech Haas may make more sense than Kellogg. Some people take McCombs over M7 because they want Texas, the rankings do not and can not get into these nuances.

 

This is the most rational look at rankings I've seen on WSO thus far. I can guarantee you that every consulting firm that came to recruit at Duke has three buckets of schools: "we recruit there and expect some volume," "we recruit there and may or may not get anyone in a given year," and "we don't send recruiters there." The only thing a school represents is some likelihood that a firm will be able to find qualified candidates. Your school doesn't get you a job, you do.

To your point about geography, I remember seeing that in terms of pure volume, when I was applying, Fuqua placed more graduates into Southern California than Haas did. Crazy. Wouldn't ever find that on the rankings, would ya?

"Son, life is hard. But it's harder if you're stupid." - my dad
 

That link you shared shows an acceptance rate of 13% in 2013 up to 20% in 2015. It does a side-by-side comparison to UCLA, the 15th rank school and just narrowly beats it. 20 might be too low of a ranking but it's clear that Stern is in a serious decline. For that reason, it may make sense to replace the dean.

“Elections are a futures market for stolen property”
 

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