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)
Chill spaz
hahahhahahahahahahahahaha
Honestly, rankings shouldn't cost him his job, but other factors which made NYU drop should be looked into.
B-School rankings are for chumps.
Ha! Sore losers.
Rankings don't matter?? OKAY!!
I guess your managers view of the quality of work also doesnt matter either. Who cares? Right?
Gotta love WSO. Hilarious.
"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?
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!
I went to Stern and couldn't give a flying fuck.
Peter Henry should have his whole face dragged through the dirt
US News is basically a modern bible, defiling it like he did can't be forgiven
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.
Over/under on OP's age is set at 15. I take under
To a certain degree, rankings do matter. For example, some MBBs (and I'm sure other firms) in certain locations (mostly outside US) only sponsor analysts/associates who get into top 10 schools based on xxx ranking.
One offs are no big deal but if Stern is consistently 15-20 then shit might start going downhill.
Peter Henry...to the guillotine!
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?
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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.
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