Comments (24)

Apr 14, 2007

link?

Apr 14, 2007
Apr 14, 2007

accurate with the exception of sloan not being included and London B school should also be in there. Plus Dartmouth should not be in the top 5 and top 10 is even pushing it when ISEAD is out.

Apr 15, 2007

Wharton at 17? I'm a bit suspicious...

Apr 15, 2007

Being a Canadian, also suspicious as to why Schulich is on the list, but not Richard Ivey.

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Apr 15, 2007
dixm655:

Being a Canadian, also suspicious as to why Schulich is on the list, but not Richard Ivey.

Ivey was one of the schools who did not participate or have enough responses to be part of the rankings

Apr 15, 2007

that happening because this is an international ranking and wharton or penn in general doesn't have the same international presence as some of the other academic powerhouses. the "penn" name is not as strong as "wharton" and wharton is not that well known outside of eastcoast. I think it has a better name on the east coast and the name is not as regionally transferable as some of the other solid top ten schools.

Apr 15, 2007
maco:

that happening because this is an international ranking and wharton or penn in general doesn't have the same international presence as some of the other academic powerhouses. the "penn" name is not as strong as "wharton" and wharton is not that well known outside of eastcoast. I think it has a better name on the east coast and the name is not as regionally transferable as some of the other solid top ten schools.

Right behind Harvard, Wharton is a globally recognized Business School. There are many Wharton graduates in London and the Continent. Trust me...saying Wharton raises eyebrows for sure.

A big part of what hurt Wharton in these particular rankings was the salary increase that showed up in these rankings. I was a bit surprised that Wharton was only ranked 88th in salary increase. I think this is what hammered them down in this particular rankings.

I would say there are three things to consider on that particular criteria:

1) Potential inaccuracy. I've always been skeptical of how they collect salary and compensation data.

2) Possibly people at Wharton come in with higher salaries to start with, so the percentage increase is not as high, even thought the real number is high.

3) With the weakness of the US dollar, the European schools salaries seem a lot higher when considered in the dollar terms because the Pound and Euro are strong.

I don't anybody should who is considering Wharton should be worried about this ranking.

The way I've always looked at rankings is that the elite schools (HBS, Wharton, Stanford, Northwestern) can't be hurt rankings regardless of what they say. The brands are too strong and longstanding. However, newer/smaller/up-and-coming schools can gain some name recognition by a strong showing in the rankings.

Apr 15, 2007
Alexey Kirilov:

The way I've always looked at rankings is that the elite schools (HBS, Wharton, Stanford, Northwestern) can't be hurt by rankings regardless of what they say. The brands are too strong and longstanding. However, newer/smaller/up-and-coming schools can gain some name recognition by a strong showing in the rankings.

Precisely. This is why one should not look at rankings when considering top business schools

Apr 15, 2007

alexey wrote"Right behind Harvard, Wharton is a globally recognized Business School. There are many Wharton graduates in London and the Continent. Trust me...saying Wharton raises eyebrows for sure."

I think wharton is a top b-school but globally it is really not anywhere near Harvard or some of the more internationally recognized academic powerhouses. For example, if you look at the other international rankings-even thought they are just rankings/not b-school etc...-ie Times Higher Education Supplement penn is not even in the top 50 or will ever be. I think that says a lot about what the rest of the world thinks about the school in general and how it is viewed outside of eastcoast.

Even on the westcoast i did not even know what wharton/penn was or that it was different than penn state until i saw the name of the school in the rankings. on the other hand everyone knows about princeton yale and harvard.

Apr 15, 2007

I don't know about studying literature at Penn, but you talk to bankers, consultants, and Fortune 500 employees anywhere and Wharton is money.

Yes, as a general university Harvard and Oxford are probably tops worldwide in general reputation. But Oxford has only in the last 5 or so years started a business program.

So maybe your mom on the street hasn't heard of Wharton, but I guaran-goddamn-tee you that the CEO of the company to whom you are trying to pitch an M&A deal is very aware of what Wharton is, if he didn't go there himself.

The fact that you didn't know about Wharton exposes how little you know about business schools.

Apr 15, 2007

A few comments:

1) it is preposterous to think that Wharton is the #17 b-school in the world behind some of those 1-16 (particularly NYU!!!, UC-Berk, UMich, UVa, UCLA, Henley???, etc.) There is no question Wharton is up there with UChi/Tuck and only beind Harvard/Stanford in brand name.

2) Wharton is well known for taking people with more work experience than like institutions. That being said, as many Wharton students were finance types, after 5 years and one's base salary being well over $100k, the premium of the MBA is not going to be as lucrative compared to someone making $50/60 k in another field and with 3 years work experience who graduates and gets double that in base. Follow?

3) I don't think Wharton cares about this ranking b/c they know they are legit top 5 globally...and to reiterate someone else's comment, anyone considering the school really ought not be detracted by this non-sense. Check every Bank/Mgmt Consulting/uber-desired firm and it is guaranteed to have Wharton people all over the place.

Apr 16, 2007

to raider comment on point one "(particularly NYU!!!, UC-Berk, UMich, UVa, UCLA, Henley???, etc)...Wharton is up there with UChi/Tuck and only beind Harvard/Stanford in brand name."

I can see your point on NYU and some of the other schools but ross and berkely are not that far behind from "wharton". both schools are top 11--haas is top 10- in every ranking-ross is top five in b-week 11 in us. Plus tuck is really not that great no.11 in b-week slipped up to 7 in usnews. tuck is not or ever will be anywhere near UChicago. It just happened to do well in this ranking. I don't think anyone in thier right mind would consider dartmouth better than ross or on the same level as mit. Also when you are taking about brand names the berkeley name just squashes "wharton/penn" globally. I agree the haas in general might be a little behind the wharton name but the berkeley name is much stronger globally than the wharton brand name.Talk to people outside eastcoast/US. there is no disputing this fact.

Also, wharton not "legit top five" globally like i said before upenn is not even in the THES top 50 or even 100 for that matter. I really dont understand how it could be "top five globally". On the east coast-yes. US- maybe pushing it-especsically on the westcoast that is. There is no way this is possible considering other great schools like INSEAD etc.

don't get me wrong i think it is a great school- i just dont think it is as great as the people on the eastcoast think it is.

Apr 16, 2007

This ranking is just completely off base. I'd say let the market decide which are the best business schools, and one very good proxy for that would be who recruits the school's graduates and in what numbers. The two largest recruiters at Wharton, in terms of numbers of grads hired each year, are Goldman Sachs and McKinsey. The list then goes on to include all the BBs and top tier consulting firms. I'm sure the same is true for Stanford, HBS, and a handful of other schools like Chicago, but this is certainly not true of schools like Darden, IESE, IMD, Instituto de Empresa, or Henley.

Apr 16, 2007

Wharton is definitely top 5 in the U.S. It is the best undergraduate b-school in perhaps the world and is certainly top 10 globally for MBA. There is no doubt about this. If you want to study finance, Wharton is the place to be. Stop arguing this shit about Upenn. Wharton is not Upenn.

Please don't come on here and say places like Tuck are not a top tier school either. That is ignorant. Are you saying you would not get your MBA from there? Are they below you? Don't kid yourself and act like prestigious programs like Tuck aren't shit. But if you want to keep thinking like this, then please inform John Costas, CEO of UBS, that his degree from Tuck is trash.

Apr 16, 2007
jotah:

Wharton is definitely top 5 in the U.S. It is the best undergraduate b-school in perhaps the world and is certainly top 10 globally for MBA. There is no doubt about this. If you want to study finance, Wharton is the place to be. Stop arguing this shit about Upenn. Wharton is not Upenn.

Please don't come on here and say places like Tuck are not a top tier school either. That is ignorant. Are you saying you would not get your MBA from there? Are they below you? Don't kid yourself and act like prestigious programs like Tuck aren't shit. But if you want to keep thinking like this, then please inform John Costas, CEO of UBS, that his degree from Tuck is trash.

1)undergraduate? I was not talking about that but it is really not that much better than sloan and haas (undergrad). Wharton is still a part of upenn and mit/berkeley has a much stronger name than penn. i would personally pick sloan/haas in that order over wharton undergrad. I definitely agree that wharton is much better than penn (as strange as that sounds-because wharton is a college at penn)

I wasn't saying that tuck is not a top tier school i was just saying that it is not as great as uchic and not better than sloan,haas ross. i said this becuase the raider poster was implying that tuck is much better than ross/haas.

in any case can you please give me johns contact info so that i can call him and give him an update.

Apr 16, 2007

I don't necessarily agree with this ranking, but do remember that the US is not the whole world. I live in London now and there are certainly tons of bankers making a load of money (APS>$, plus London was the biggest financial center in the world last year, over New York), who have degrees from INSEAD, IESE, HEC, etc.

It has always been my understanding that Wharton is stronger at undergrad than it is at the MBA, although of course it's still strong. That might explain these rankings. And Tuck is very good for consulting. The ranking is not just for banking as far as I can tell.

Plus IESE does exchange programs with Chicago, Columbia, Kellogg, LBS, and Wharton, so it's students must be pretty good quality.

Apr 16, 2007

Pulling this ranking apart would just not be worth the time, but I just scrolled down to the bottom end and saw IIM Ahmedabad. Number 98, next to the likes of Otago and EADA. I beg your pardon?

Apr 17, 2007

At the MBA level Wharton is the most international of the US business schools. And yes, even more so than HBS. Whether or not "Penn" is recognized worldwide, while a valid argument, has not affected Wharton's reputation.
Specifically, Wharton has the largest alumni base worldwide of any US MBA program, without question. The sheer size of the alumni network is part of that. In addition, Wharton also tends to place more MBA grads overseas than any other business school. Slightly higher than the amount HBS places overseas (in a typical year), and both HBS and Wharton far exceed Stanford, Kellogg, Tuck, etc. in placing students overseas.
Also, almost every year Wharton has the highest percentage of "international" students of any MBA program--just under 50% non-US and US permanent residents in most years.
Finally, if you look at the program itself, Wharton has far more international programs for students than other schools. Don't get me wrong--all the top schools do very well in this area, but Wharton is particular really puts a focus on international business, and close to 50% of the student body travels overseas at least once (usually many times) during the program.
From what I've seen the Wharton brand is stronger than the HBS brand worldwide in the business world (of course the "Harvard" brand is far, far larger than the "Penn" brand in the US or abroad, but that is not the case in the business community when looking at MBA programs).

Apr 18, 2007

If thats true then why is it that when you look at the profiles of MDs at any top PE firm..Blackstone, Carlyle etc...the most common MBA, the one that Everyone seems to have is Harvard?

Apr 18, 2007

Harvard is wayyyyyyyyyyyyyy better than wharton and yes i do mean the business school.

Apr 18, 2007

There's truth in what skins1 says, at least in Europe. I know a few hot shots aiming for or who went to Wharton over HBS.

Worth noting that:
- these guys are not MD level (different generation, things could be changing in favour or Wharton)
- PE, even in Europe has VERY strong US influence (more so than IB), so I would expect US approach in valuing education to prevail. Hence PE MDs from HBS.

Apr 18, 2007
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Apr 18, 2007
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