Worldwide MBA Programs divided into tiers

Hey guys,

I have been doing research on MBA programs but I've never come across a global tiered system for MBAs based on prestige/placement/quality, etc. By a tiered system I mean that you group the schools into tiers, and if you get into a school in a higher tier you would almost automatically choose that over a school in a lower tier, while two schools in the same tier would be debatable.

I have put this together and want community input (if I've messed anything up please let me know), as I prepare to look into MBA applications and choose where I'm going to apply.

It is not in an order ranking just in clusters

Tier 1 (M7 + LBS and INSEAD):

HBS
LBS
Stanford GSB
Chicago (Booth)
Penn (Wharton)
MIT (Sloan)
Northwestern (Kellogg)
Columbia
INSEAD

Tier 2 (top 12-13 US schools + top 3-5 internationals):

Dartmouth (Tuck)
Yale SOM
Virginia (Darden)
Duke (Fuqua)
Michigan (Ross)
Berkeley (Haas)
IESE
HEC Paris

Tier 2.5 (rounding out the top 15 US schools):

UCLA (Anderson)
Cornell
NYU (Stern)

Tier 3 (rounding out the top 20 US schools, along with some other top 10 internationals):

UT-Austin
UNC
Carnegie Mellon
Georgetown
Emory (Atlanta)
IE Business School
Cambridge (Judge)
Oxford (Said)
ESADE

Tier 4 (lower tier US schools - top 25, outside of the top 20 - and feeders for Toronto/Canada)

Notre Dame
WUSTL (Olin)
Indiana (Kelley)
Rice
Washington (Foster)
Western (Ivey)
Toronto (Rotman)
Queen's (Smith)

I'd love your input.

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Mar 29, 2018 - 10:24am

I think tier 1 bracket should make some slight changes

tier 1: H, S W
tier 2: C C M N
tier 2.1: LBS INSEAD

the rest move down 1 tier
Looking at the 2 european mba they seem to hire quite many people with some very typical non-fldp like corporate jobs... nothing special and placement is very bipolar
some went mbb/bb ibd/pe some just land at fldp-like post-mba program

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Mar 29, 2018 - 11:22am

H/S are definitely considered a tier above Wharton; Booth is generally considered a peer school to Wharton. Look at P&Q's consolidated rankings and it's pretty stark. 7 of the past 8 years Harvard or Stanford have been 1st and 2nd place. All 8 of those years Wharton and Booth were also in the top 4. No other school has cracked top 4 in the consolidated ranking in that time frame. 6 of those 8 years Booth has been ahead of Wharton. Likely for 2018 too based on US News ranking.

I'd say it's-
T1.1: H/S
T1.2: Wharton, Booth, INSEAD
Then etc as listed

Mar 29, 2018 - 11:41am

I put several spaces between S and W to indicate the gap even t1 bracket. Got cut after posting lol

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Mar 29, 2018 - 10:44am

Why is it that Americans get such a raging hard-on for MBAs from American schools? You cannot make a ranking like this because it is so America-centric. Maybe this order works for the US but it is COMPLETELY fucked up for recruiters in Europe.

Where is Bocconi? St. Gallen? These are top European business schools which carry more weight in Europe (and to some extent around the world) than any of the tier 4 schools mentioned and even some of the US schools in tier 3.

Even on a global scale, are you seriously telling me that recruiters prefer UCLA and Haas to Saïd or Judge? Come on man...

Mar 29, 2018 - 11:50am

But I would be curious to know how many of those Europeans then go on and stay in the US. If the answer is a lot, it shows that to make it in the US, an American MBA helps. If lots go and then come back to Europe straight after finishing their American MBA then I'm not sure. From what I've seen, Europeans who stay in Europe tend to do their MBAs in Europe at the top B-schools

Mar 29, 2018 - 11:45am

I am not from the States. In Asia actually no one cares about the European schools in graduate level... If its ug, it is acceptable if u met people who are more knowledgeable. But for masters, ur best bet is to start in europe and transfer unless u are attending insead or lbs.

For UCLA, maybe not. But for Haas is definitely way more represented than said and judge. Said and Judge are ok for their MFE and MPhil Finance program. But for the mba programs, I haven't really seen someone came from there. Yale and cornell are much more represented than the 2.

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Mar 29, 2018 - 11:56am

I agree with the undergrad point but the point that in Asia no one cares seems off. Perhaps this may be for Asian firms but you're telling me that the Asian office of a BB or MBB would strongly prefer an American MBA to a European one in cases where the schools are close? Haas and Ross or Fuqua would be seen much better than LBS or HEC? I doubt that. Then again, I don't have recruiting experience in Asia so I'm speculating but that seems off to me.

Mar 29, 2018 - 8:28pm

Comparative Ranking of US, EU and Caandian B-Schools (Originally Posted: 09/01/2016)

Hye,
I have been following the rankings of major publishers, namely FT, Forbes, Businessweek and P&Q. I also understand that their input parameters for evaluating a b-school are different and hence, their rankings show a great deal of difference, apart from M7, LBS and INSEAD.

However, it is tough to digest the differences in b-schools beyond the Top 10.
For instance, FT ranks IIM Ahmedabad, India as Global numero uno for Career Progression. Another is Ivey, Canada holding top spot in BW Rankings. Similarly, ESADE Spain or IESE in top slots by Forbes.

I reckon US News are the most accurate US b-schools rankings. Say, if we wish to put in 10-15 schools from Canada, EU and Asia in these rankings, how will it look like?

To take it further, can you please highlight the relative rankings of say, global 50 schools- maybe in steps of 10. My parameters are the positions and roles on offer, and the companies that recruit.

Thanks!

Best,
Rahul

Mar 29, 2018 - 8:30pm

I think that once you go beyond US top 10 & LBS / INSEAD, the programs become very regional and their attractiveness really depend on the candidate and their goals so it's pretty much impossible to truly compare. For example, I would advise a Canadian wanting to stay in Canada to pick Ivey over a top 10-25 school in the US or an international school other than LBS / INSEAD (and perhaps IMD depending on the candidate), but I would not recommend to someone without ties to Canada to go Ivey period. Similarly, the schools you listed place very well in their local market, but have very little recognition outside of them. On the other hand, US programs ranked 10-25 tend to have much better international recognition.

Mar 29, 2018 - 8:31pm

Thank you so much for your kind response! Would it be safe to assume that amongst US 10-25 B-schools and other International Schools, the growth trajectory in the initial years post-MBA would be similar?
For instance, say a Foster's Grad prospects in Seattle would be similar to a Cranfield MBA in UK or Ivey Grad in Canada?
Thank you so much once again for your time and inputs! Great help!!

Mar 29, 2018 - 8:32pm

Thank you so much for your kind response! Would it be safe to assume that amongst US 10-25 B-schools and other International Schools, the growth trajectory in the initial years post-MBA would be similar?
For instance, say a Foster's Grad prospects in Seattle would be similar to a Cranfield MBA in UK or Ivey Grad in Canada?
Thank you so much once again for your time and inputs! Great help!!

Mar 29, 2018 - 8:34pm

To be honest, I don't know that I know enough to truly have an informed opinion. You'd probably be better off checking out each school employment reports.

But I would say thought that the growth trajectories of grads already varies quite a bit within a given school so it really depends on what is your plan post graduation. For people wanting to work in industry, I would assume similar growth trajectories across the schools you listed, but if goal is finance or consulting, then some of these regional schools (particularity those outside the UK / UK) will offer much better opportunities for local students. For example, Ivey is a target for Canadian IB and MBB while a school like Cranfield will only be target for 2nd / 3rd tier consulting firms and for middle and back office roles at banks.

Mar 29, 2018 - 8:36pm

Thank you so much, Mtnmmnn! I shall surely check employment reports and seek information from school seniors as well.
have great times ahead!
Best wishes,
Rahul

Mar 29, 2018 - 8:37pm

Hye Guyfromct,
Thanks for your inputs. I agree that the international schools cant be compared to each other or to US schools in absolute terms. However, would it be right to deduce that, say, since Ivey has a better career placement record in MBB and other top-notch consultancy firms, it is better than Georgetown University, D.C. in consultancy.

best,
Rahul

Mar 29, 2018 - 8:41pm

Thank you so much Guyfromct!
It has been very insightful. I will try to get more details about career switchers' figure from Ivey.
I request you to provide further insights into how the US and American placements differ.

Thanks once again for your time!

Mar 29, 2018 - 8:42pm

I'm good on providing "further insights". Just look up the career stats or pony up for an admissions consultant. If you have a specific question e.g. I'm applying with a GPA of X and Y work experience what schools should I consider or how does Tuck compare to Haas for MBB placements people are more than willing to answer. However this is both research intensive and open ended.

You need to figure what you want to get out of the process and right now it seems like you have no clue. First and foremost, the schools in the top 15 aren't fungible they do differ and CBS offers a vastly different experience than GSB or even Stern. At this point it seems like you care only about getting into "the best school" you can. That's not a great way to go about this. You need to go to the school that best fits your needs. If you want IB, and the best school you get into is UF, you're better off not going to b school. The same is true if you want supply chain, but get into schools with no real expertise in the space, even if they are well ranked.

Mar 29, 2018 - 8:43pm

Hye Guyfromct,
Once again, quite insightful and thanks a ton for sharing your inputs. I guess that I have irked you a bit, and if i have, i apologise. That was not the intention. You are partly correct in what you said. This thread is one such attempt for me to understand the difference between US and Canadian B-schools.
Being an international, I agree that I do not have much insights about how precisely CBS is different from NYU/GSB. And that is exactly where seasoned professionals such as you and forums such as WSO come into picture.
As far as your point of what I wish to get out of this process, I wish to continue in consultancy post-MBA. Working in past with Europe and US-based teams, I have decent idea about US market. However, I have no experience whatsoever with Canadian market. I talked about these two, in my previous comments, because I converted GT and McCombs this year and am gathering information about Ivey. Ivey has a history of placements in MBB with a major chunk of class in Consultancy sector, akin to Georgetown (which has a high percentage in Consultancy, except in MBB).
Hope, I no longer appear having "no clue" whatsoever.

Thanks a ton,
best,
rahul

Mar 29, 2018 - 8:48pm

how many of the consulting placements are undergraduate vs. MBA? the quality of MBA vs. Undergrads are just chalk and cheese for too many schools out there.

also if you want to get rid of "clueless", you need to be good enough to tell the difference between Booth & Kellogg, MIT Sloan & HBS, or Stanford vs. StanfordRejects.com. that's the proficiency you need to be able to see why YOU FIT into certain schools, which raises your admit rate proportionally.

Mar 29, 2018 - 8:47pm

Hey Whattherock,
Thanks mate for your inputs. I totally agree with you. I have a couple of months to understand and evaluate where I fit before pushing in my applications for the Jan Round.
For Ivey, however, I was referring to the MBA placements.

Mar 29, 2018 - 8:49pm

yes it helps to think early. but the placements only happen in each tier.
Recruiters are like applicants, they are not interested in every one of the top 50 schools. they pick buckets and put their eggs in there.

if you are not admitted to the right tier of MBA schools - which for consulting would be ~30% in top15 and 5-10% in top15-30, then you know you're wasting time analyzing placements.

Mar 29, 2018 - 8:38pm

For the US, use US News and Poets & Quants up until the top 16-20. Too hard to say after that. Don't trust European sources on US schools; too biased and don't know the market.

For Europe, there are no good rankings. The big 3 are INSEAD/LBS/IESE. They're peers overall but very different culturally. After that, it all becomes more regional/local. Don't trust English-language sources on global matters; too biased and overstate LBS.

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
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Mar 29, 2018 - 8:39pm

Thank you so much, jtbbdxbnycmad! That is indeed very insightful. Can you please help me out with comparing Canadian Schools as well? Especially, UofT, Queens and Ivey. Would it be wise to put them in 15-20 bracket when compared to US B-schools?

thanks so much once again!

Mar 29, 2018 - 8:44pm
jtbbdxbnycmad:

For the US, use US News and Poets & Quants up until the top 16-20. Too hard to say after that. Don't trust European sources on US schools; too biased and don't know the market.

For Europe, there are no good rankings. The big 3 are INSEAD/LBS/IESE. They're peers overall but very different culturally. After that, it all becomes more regional/local. Don't trust English-language sources on global matters; too biased and overstate LBS.


Would disagree that IESE really ranks up there with the other 2 there.
IESE is part of the same tier as Bocconi, HEC, St Gallen and possibly IE (superpowers in their own country, decent base in London, practically unknown outside of Europe)
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Best Response
Mar 29, 2018 - 8:45pm

That's fine. I used to think like you when I was an applicant, but changed my mind later on. The change was driven by the alumni from these 3 schools at my BB, the exchange students I met at my Top 9 US MBA, and the MBB my (at the time) gf was at. IESE's representatives fared very favorably so for me the three schools are of comparable caliber. Agree on your description of the other tier of schools, but not that IESE belongs there.
To make this useful to the OP: this disagreement might suggest to you that this could be similar to the HSW dynamic in the US - some people think it's HSW, and others think W is a cut below HS.
No horse in this race: I didn't apply to IESE in my day, and I did apply to one of the other two, and got in. (If I had known what I know today, I would've switched that around)

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
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Mar 29, 2018 - 8:46pm

I'm not an applicant and I didn't go to any of the schools in question nor did I apply for any of them either. Just talking about its perception from an Anglo-centric point of view. If I went to most people I know in NY, they would know LBS, maybe INSEAD but not the rest of the schools we are talking about. As you said, each of our individual points of view will vary.

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Mar 29, 2018 - 8:50pm

Sorry for such a late reply. It's been busy. Anglo-centric is a fair caveat on your part. I'd contend that 1) the same people in NY who know LBS would actually have a hard time distinguishing it from LSE if you asked them to (they will know/assume that these are good schools for finance and based in London, and will liken them to NYU and maybe Columbia) and 2) you may want to see how IESE places in MBB across Latam, and you'll see that "practically unknown outside Europe" doesn't work when the elite of a region of hundreds of millions of Spanish speakers often studies in IESE (but not to the same extent with the other schools you grouped IESE with). Hence why I separate IESE from the other pack you mentioned (dominant in home country, decent in London), and I find it much closer to Insead and LBS. To be clear, I joined banking in New York, and you see very little of ANY of the three in NY, and as I said before, when I did encounter them, the IESE folks acquitted themselves very favorably.

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
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Mar 29, 2018 - 8:51pm

Leaked US News 2010 MBA rankings (Originally Posted: 04/17/2009)

The buzz around BW forums is that US News accidentally "leaked" the new MBA rankings in one of their videos. Contrary to some guy on BW forums taking credit, the "leak" actually occurred on the website AutoAdmit.com.

If what they say is correct, the new rankings go like this:

Current rank [Previous rank] School Name (Rating) [Previous Rating]
1 1 Harvard (100) 100
2 1 Stanford (99) 100
3 4 Northwestern (93) 93
3 3 Penn (93) 95
5 4 MIT (92) 93
5 4 Chicago (92) 93
7 7 Berkeley (88) [89]
8 7 Dartmouth (87) [89]
9 9 Columbia (86) [88]
10 [13] Yale (85) [80]
11 10 NYU (83) [84]
12 14 Duke (82) [79]
13 12 Michigan (81) [82]
14 11 UCLA (80) [83]
15 17 Carnegie Mellon (79) 77
15 14 UVA (79) [79]
17 14 Cornell (76) [79]
18 [18] Texas-Austin (74) [74]
19 22 Georgetown (73) 69
20 [19] UNC (70) [72]
20 21 USC (70) [70]
22 24 Emory (69) [68]
23 [29] GaTech (68) 64
23 [20] Indiana (68) [71]
23 25 WUSTL (68) 66
26 27 Ohio State (67) [65]
26 34 Washington (67) [61]
26 [29] Wisconsin (67) 64

It looks like the finance-heavy schools took a couple points hit on the ratings. Wharton, Chicago Booth, and Columbia all dropped 2 points -- my theory is that employment stats took a hit at these schools. Yale and Duke jumped up a couple spots, as did Carnegie Mellon. UCLA and Cornell took a hit in the rankings this year.

Link to Video (see background at 0:55): http://usnews.feedroom.com/index.jsp?fr_story=dec280af1815886fa509438cb…

Mar 29, 2018 - 8:56pm
junkbondswap:
I generally agree with Ideating but not on this point...we live in a highly competitive society and rankings are "important"...not sure if you are involved in the bschool admissions process but rankings are very important when considering future job prospects and ROIs drop dramatically as you drop down the list

But I don't think anyone would claim that is because of the rankings. The rankings simply reflect which schools are better; the fact that they are correlated with opportunities does not mean that they cause those opportunities.

Mar 29, 2018 - 8:55pm

jbs - fully agree with you that future job prospects and ROIs drop dramatically.

However, lists like these are confusing at best, delusionary at worst. There are a bunch of similar lists by similarly prestigious institutions and they all have different rankings.

Think of it this way - if your friend gets into Northwestern and HBS, but Northwestern is ranked higher on the list: which school would you advise your friend attend to maximize his ROI post graduation?

Put another way, these lists don't drive ROI - those factors are prestige and alumni networks that take years to develop.

Mar 29, 2018 - 9:03pm

MBA Rankings (Originally Posted: 01/15/2010)

I was bored, so I looked at three MBA rankings (US News, Business Week, and The Economist) to see which schools showed up in the top 20 on each ranking. I thought some others might view this as useful, so here's what I found.

These Programs Were on the Top 20 of All 3 Lists/Rankings
Harvard
Chicago
Stanford
Northwestern
U Penn
MIT
Berkeley
Dartmouth
Columbia
NYU
Duke
Michigan
UVA

These Programs Showed up on the Top 20 for US News and Business Week (But Not The Economist)
UCLA
CMU
Cornell
UNC

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Mar 29, 2018 - 9:13pm

SarahP:
World TOP 6 MBA

US : Harvard - Wharton - Stanford - Columbia

Non US : LBS(yeah not LSE) (UK) - INSEAD(France)

And PiperJaffrayChiang is a douche bag.
End of story.

PiperJaffrayChiang:
no Yale?

and... quadcore is a boutique scrub

SarahP is so correct my boy! How the hell does Yale come in any close to TOP MBA Program?

Mar 29, 2018 - 9:04pm

no Yale?

and... quadcore is a boutique scrub

========================================= We are excited to formally extend to you an offer to join Bank of Ameria
Mar 29, 2018 - 9:08pm

Business Week ranking methodology is bogus as is illustrated by its nonsensical results. (chicago #1 and ahead of HBS, Michigan ahead of Stanford, Duke ahead of MIT, Yale at #24, the list goes on.). Many of the others - FT, WSJ, etc. are even worse.

USNews is the only MBA ranking that reflects reality. Or at least is pretty darn close.

Mar 29, 2018 - 9:10pm
ibleedexcel:
Business Week ranking methodology is bogus as is illustrated by its nonsensical results. (chicago #1 and ahead of HBS, Michigan ahead of Stanford, Duke ahead of MIT, Yale at #24, the list goes on.). Many of the others - FT, WSJ, etc. are even worse.

USNews is the only MBA ranking that reflects reality. Or at least is pretty darn close.

That's why I listed programs that were in the top 20 of all three rankings (by the way, I didn't post those programs in any particular order). I figured there would be more consensus that way.

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Mar 29, 2018 - 9:11pm

yale's MBA is not strong, but you still have the name which never hurts. They are building a new building and looking to revamp their business school in the coming years.

Mar 29, 2018 - 9:12pm

I think the differences between top 10 schools is so minor that is why they flip flop depending on what metric used to rank them. The job opportunities, quality of education and name recognition is going to be great at just about each and every school in the original post.

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Mar 29, 2018 - 9:16pm
AnthonyD1982:
I think the differences between top 10 schools is so minor that is why they flip flop depending on what metric used to rank them. The job opportunities, quality of education and name recognition is going to be great at just about each and every school in the original post.

Can we even reach a consensus on the top 10 though? I imagine the "top 10" would include about 15 different schools depending on who you ask.

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Mar 29, 2018 - 9:18pm

Calculate Your Own Business School Ranking (Originally Posted: 03/14/2016)

University of Washington (Foster) put out its own ranking calculator that allows the user to determine his/her optimal set of criteria based on a weighting system. There are 10 metrics (employment rates, research output, salary, alumni reach, ROI, etc.) and a total of 100 points can be assigned. The tool, obviously, allows individuals to determine which school is right for them based on their own subjective preferences. It can also be used to reverse engineer the major published rankings.

My set is:

  1. 30 pts - Average Salary and Bonus
  2. 20 pts - Job Placement
  3. 5 pts - Alumni Advancement
  4. 10 pts - Faculty Research
  5. 20 pts - Student Selectivity
  6. 15 pts - Average GMAT

Check out the tool for yourself: http://foster.uw.edu/business-school-rankings/

“Elections are a futures market for stolen property”
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Mar 29, 2018 - 9:32pm

The more 'hawks fans in this community, the better

"Son, life is hard. But it's harder if you're stupid." - my dad
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Mar 29, 2018 - 9:20pm

My %ages:
30 - Salary & Bonus
25 - Dean & Director Opinion
25 - Average GMAT
10 - Student Selectivity
10 - Research

Outcome:
H/S/W/MIT/Berkeley/Booth/Col

Not far off from general "consensus". Wonder what dragged down Booth, though. I think that larger schools are discounted in my rankings by virtue of GMAT and Student Selectivity metrics.

Mar 29, 2018 - 9:21pm
YoshiIsAwesome:

My %ages:
30 - Salary & Bonus
25 - Dean & Director Opinion
25 - Average GMAT
10 - Student Selectivity
10 - Research

Outcome:
H/S/W/MIT/Berkeley/Booth/Col

Not far off from general "consensus". Wonder what dragged down Booth, though. I think that larger schools are discounted in my rankings by virtue of GMAT and Student Selectivity metrics.

Both Booth and Kellogg will be hurt by admissions rate numbers.

In my humble view, it's mostly a location thing, somewhat a medium/large student body thing.

This is a really cool toy.

I've always said that I have a "Top 9" view (M7 + Tuck + Berkeley). My first shot at this (I gave a value between 5 and 15 to each, with my top 3 factors being ROI, GMAT and Employer Opinion, gave me the top 9 I had in mind.

Order differed somewhat.

If you'd ask me my opinion, I'd say:
Stanford
HBS
Wharton
Booth
Sloan
Tuck
Kellogg
Columbia
Berkeley

What the calculator gave me:
HBS
Wharton
Stanford
Booth
Sloan
Berkeley
Columbia
Kellogg
Tuck

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
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Mar 29, 2018 - 9:23pm

One thing that surprised me was how often Wharton came out on top in the combinations I selected. If you look exclusively and tangible inputs (salary, placement %, GMAT, etc.), a case could easily be made for Wharton as the top bschool.

“Elections are a futures market for stolen property”
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Mar 29, 2018 - 9:25pm

I just randomly clicked on the link because I was bored. I selected student selectivity to 100% and got UC Davis in the top 5, so at first I thought it was clearly broken. Then I did almost 2 solid minutes of google searching and discovered that it's probably not inaccurate. But since everyone on this forum is obsessed with prestige I am surprised that folks aren't lining up in droves to submit their applications to UC Davis along with the biggies (Harverd, etc)

Mar 29, 2018 - 9:26pm

I did 40% Alumni Advancement and 40% Employer Opinion - what the people who have gone through the program think about it and how much the people who are going to employ you are going to value it should be the two most important factors. You could also think of it as an "inside opinion" and "outside opinion". I also allocated 10% each to salary and selectivity to add some quant stats and to knock down slackers a notch.

ROI/Debt are not really an issue if you're looking for the best overall school, Faculty Research is simply irrelevant, Dean/Director opinion can be biased, Job Placement rate is not an indicator for top schools at all (because people are targeting more selective and hard-to-get jobs) and Average GMAT is not really an important thing in itself, only as a predicate, and in that form is already factored into the Employer Opinion/Salaries/Selectivity etc. Thus none of these get any points from me.

Results:

1 Harvard University
2 Stanford University
3 University of California, Berkeley (Haas)
4 Northwestern University (Kellogg)
5 Massachusetts Institute of Technology (Sloan)
6 Duke University (Fuqua)
7 University of Pennsylvania (Wharton)
8 Columbia University
9 Yale University
10 University of California, Los Angeles (Anderson)
11 Dartmouth College (Tuck)
12 University of Chicago (Booth)
13 University of Virginia (Darden)
14 Cornell University (Johnson)
15 University of Michigan, Ann Arbor (Ross)

Overall not very surprising, except for Haas and Fuqua being so high and Booth being so low.

The latter might be potentially due to it having high GMATs, high faculty research, high opinion from other directors and high average salaries (as a result of a lot of alumni going into finance), thus topping many other rankings that favor these factors. Looks like it's not a super great experience for the alumni, and the alumni themselves are not a very good fit in the workplace (nerds not being able to connect with people?).

Mar 29, 2018 - 9:28pm

I disagree with the statement that "faculty research is just irrelevant." I think it's a solid proxy for academic program quality. I think education quality is underrated, particularly in finance.

“Elections are a futures market for stolen property”
Mar 29, 2018 - 9:27pm

Did two setups.
One emphasizing subjective factors (1/4 each for alumni, faculty, dean, employer - I couldn't pick 3, otherwise I'd have left out faculty).
Top 9: H, W, S, M, K/Haas, Duke, B, Col
One emphasizing seemingly more empirical factors (1/5 salary, job, ROI, selectivity, GMAT).
Top 9: W, S, B, H, T, M, Haas, Col, K
Observations:
- Wharton does surprisingly well, considering how for everyone it's H/S and then W. Surprising too since there's a perception that it has negative momentum, but looking at this, Wharton is better than Stanford and only HBS is its peer.
- The M7 is a silly moniker, since Haas is as much of a peer as Columbia is.
- HBS and Booth are almost mirror images in terms of performance delta in subjective and empirical factors (HBS still wins; just an observation on their relative strengths and weaknesses).
- Obviously this is open to debate, but even though most of us are in finance (which supposedly is about numbers), I think the Anglosaxon world overall is predicated on the superiority of soft power.

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
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Mar 29, 2018 - 9:33pm

Business Week's 2012 MBA Rankings (Originally Posted: 11/16/2012)

So Business Week released their 2012 MBA Program Rankings. Not surprisingly, the top five spots were allocated to Booth, Harvard, Stanford, Wharton, and Kellogg. Each one is impressive, all with their own niche in terms of program focus.

Booth: Theoretical Finance
Harvard: Corp. Leadership
Stanford: Entrepreneurial Leadership
Wharton: Directly Applicable Finance
Kellogg: Advertising

But that brings me to question. How important are these rankings released by news publications? People tend to discredit these rankings due to disagreeing with data source allocation, category weightings and data mining.

Poets and Quants:

Like any other ranking of business schools, it is not flawless. Though BusinessWeek employs statisticians to comb through the data to verify its integrity, students come to each of these schools with very different expectations that can result in significantly different grades they award their institutions. There is also concern of widespread cheerleading by students who want to push their schools ahead in the rankings so their degrees have more prestige. These issues alone are in all probability what has kept Harvard and Stanford from ever placing first in the BusinessWeek survey.

Those students come to campus with high expectations and are less likely to care about how a ranking impacts the status of their degree. So they are prone to be more demanding and more honest in their answers to BusinessWeek's questions. They graduate with the highest starting pay packages and know that a Harvard or Stanford MBA can pretty much open any door in the world.

Source: Poets and Quants

So, how do you view business school rankings? Is your personal view based more on perceived prestige among academia or reputation within a specific industry?

Mar 29, 2018 - 9:39pm

The interesting note about this year's BusinessWeek rankings is that they corrected some poor assumptions/oversights in their recruiter survey data crunching side, which smoothed out some of the anomalous or harder-to-swallow results from 2010 (namely, SMU Cox being rated so highly, above solid, even prestigious, schools such as Tuck or Stern). The Top 5 this year is pretty much everyone's top 5 - as always, there will be disagreement whenever HBS isn't number one, but in my mind BW's ranking has an overall shape that approximates broad, popular opinion in a broad brushstroke sort of way, but the individual rankings are the result of more granular analysis.

My view of business school rankings differs from my view of general undergraduate rankings. While most use "prestige" as the single most important factor for business school rankings (using the reasoning of "well, the education is a commodity and all the students have the same GMAT distribution across the top 10 and get similar jobs, so what really matters is the brand value"), I take an employer-and-compensation driven market approach. (I should add that some folks feel that students are the market and you should look at yield; input matters but I look more at output).

For me, the short-term career side is incredibly important so the jobs report, employer surveys and career returns are the most important factors, and resultantly I pay more attention to the rankings that emphasize these. More specifically, that means Forbes and BusinessWeek. USNews tends to be cited very often because its undergraduate ranking is the most widely known at a national level (zero currency abroad though), and also because it is the most conservative ranking that uses a comprehensive set of data that almost always results in H/S trading the top spot, and Wharton occasionally ceding the 3rd spot to "the next 3" (Chicago, MIT, Northwestern). This makes sense as the USNews ranking is the one that includes the most admissions-oriented data in its formula, and the schools tend to rank in that order. For USNews, I find all the data amusing, but look at the employer survey and jobs data the most.

It should come as no surprise that by and large, the top 5 or so in these three rankings include the same schools, and what matters is the order, and that is based on how the formula is computed. BusinessWeek tends to sort those top 5/6 schools in order of short-term job boost/satisfaction; Forbes looks at ROI (though its sample size/data set has obvious shortcomings); and USNews is the best proxy for admissions competitiveness and yield (though the latter can be gamed, with some notable examples).

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
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Mar 29, 2018 - 9:40pm

Oh yeah, the cheerleading note. The interesting for me is to see the difference between Student Cheerleading
Ranking and Recruiter Satisfaction for BW. Very telling (rank, school, student survey, recruiter survey):

1 Chicago (Booth) 11 1
2 Harvard 12 3
3 Pennsylvania (Wharton) 16 2
4 Stanford 8 5
5 Northwestern (Kellogg) 13 4
6 Duke (Fuqua) 22 7
7 Cornell (Johnson) 2 12
8 Michigan (Ross) 14 6
9 MIT (Sloan) 9 10
10 Virginia (Darden) 5 9
11 Carnegie Mellon (Tepper) 3 17
12 Dartmouth (Tuck) 4 11
13 UC-Berkeley (Haas) 10 13
14 Columbia 20 8
15 Indiana (Kelley) 20 46
16 NYU (Stern) 7 16

After Stern I stopped...

The Top 5, in raw score, are the same schools as the Top 5 in recruiter score. After that it goes a little all over the place. I'm not sure I'd take Duke or Ross over Columbia, so Columbia, and to a certain extent MIT and Tuck, seem to be a bit punished by this ranking.

It's still a little hokey.

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
  • 3
Mar 29, 2018 - 9:42pm
pacman007:
Columbia 14th?? Doesn't make sense...

I'm definitely not liking Rice (Jones) heading down and not up according to BW. That sucks.

Rice will always play second fiddle to McCombs. It's still very well-respected in the energy world.

Mar 29, 2018 - 9:46pm

The top 5 is right with the exception of booth being #1. Not even booth students think their school is better than HBS or Stanford. After the top 5, the ranking quickly falls apart and goes into bizarro territory. Duke at #6, Cornell at #7, and Ross at #8 is really weird. Regardless, almost no one takes those schools over mit, tuck, columbia, and i don't think that's going to change because of this ranking. At the end of the day, b-school applicants have a very clear idea of what the "real" ranking is and what type of opportunities are available at those schools.

Mar 29, 2018 - 9:47pm

Why is Yale SOM ranked so low? Did not even make the top-15.

Thoughts?

"Come at me, bro"- José de Palafox y Melci

Mar 29, 2018 - 9:49pm
lasampdoria:
Why is Yale SOM ranked so low? Did not even make the top-15.

Thoughts?

Probably because they didn't buy their soccer cleats from the most trusted brand names!!

I would have to say this list is pretty much junk, unless you sort by employer. It seems their methodology is a bit funky and questionable.

I was trying to find what the composition of 'Intellectual Capital' is, but had no luck. With that said, I'm trying to figure out just how Darden comes in at 32? I just don't buy that Olin, Smith, Hough and Carlson have more intellectual capital.

If you want a pretty decent ranking, just check out the one done by Poets and Quants. I think they have a pretty solid list.

http://poetsandquants.com/2011/12/08/the-top-100-u-s-mba-programs-of-20…

As far as your original question, it's really hard to say. The list clearly isn't accurate, in the traditional sense, so I wouldn't take it too hard. I think Yale is an up and coming program that has a lot of ground to cover. Maybe they will be a top 10 school one day but I do think your ability to move up the ranks is very limited. Just look at the top 4 or 5 schools for the last several years. They are virtually always the same, with just a move up or down by a spot or two. When the first 5, or 7, spots are occupied, the 5-10, or 7-10, spots are going to be hard to move into...which is why you have people structuring schools in tiers instead.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
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Mar 29, 2018 - 9:55pm
lasampdoria:
Why is Yale SOM ranked so low? Did not even make the top-15.

Thoughts?

It's not a great school, period. People have been talking about Yale rising to the ranks of the top 10 in the same way that christian fundamentalists talk about the imminent return of Jesus Christ. Well, guess what. It hasn't happened and most likely won't happen. There is only so much that Dean Snyder can do, and I don't think their new building will help that much either. Fact of the matter is, SOM has a structural disadvantage. First, it's one of the youngest b-schools out there: founded in 1974 but did not even start giving out MBA degrees until like the late 90's or so. Second, as a result of that, Yale's alumni network is small and weak. And finally, it's still not that respected among recruiters, which is what counts.

Mar 29, 2018 - 9:50pm

Businessweek rankings are always horrible. I remember their ugrad bschool ranking putting Villanova in front of Wharton/Stern or something ridiculous like that.

There's no way MIT or Columbia is that low. Booth/Cornell are also too high.

Mar 29, 2018 - 9:54pm
SanityCheck:
Businessweek rankings are always horrible. I remember their ugrad bschool ranking putting Villanova in front of Wharton/Stern or something ridiculous like that.

There's no way MIT or Columbia is that low. Booth/Cornell are also too high.

Booth should be #4 or #5 while cornell should be #14-15.

Mar 29, 2018 - 9:56pm

there is no way that duke, cornell and ross > MIT, Columbia.
Also, Chicago number 1 is a stretch. The admission rate should have a higher percentage in the score.

the real ranking is which school students select when they have multiple offers. Some people might select MIT, Chicago over HBS, Stanford, but it is not the norm. Also, some students might select Duke over MIT, but it is also, not the norm.

Mar 29, 2018 - 9:57pm
lifeofpurpose:
there is no way that duke, cornell and ross > MIT, Columbia.
Also, Chicago number 1 is a stretch. The admission rate should have a higher percentage in the score.

the real ranking is which school students select when they have multiple offers. Some people might select MIT, Chicago over HBS, Stanford, but it is not the norm. Also, some students might select Duke over MIT, but it is also, not the norm.

I couldn't agree more. On an anecdotal level, I work with a Duke grad (ESL) who is barley literate. How he managed to graduate without being able to write a proper email is beyond me.

Morpheus: Have you ever had a dream, Neo, that you were so sure was real? What if you were unable to wake from that dream? How would you know the difference between the dream world and the real world?
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Mar 29, 2018 - 9:59pm
lifeofpurpose:
there is no way that duke, cornell and ross > MIT, Columbia.
Also, Chicago number 1 is a stretch. The admission rate should have a higher percentage in the score.

the real ranking is which school students select when they have multiple offers. Some people might select MIT, Chicago over HBS, Stanford, but it is not the norm. Also, some students might select Duke over MIT, but it is also, not the norm.

Bingo. I think cross-admit stats are what counts since after all it's what the customers think, that matters. For instance, what % of people who get into both HBS and Booth will take the latter? I don't know the answer to that, but i'm pretty sure it's a rather low number.

Mar 29, 2018 - 10:01pm

How would you rank the following b-schools for... (Originally Posted: 08/17/2012)

someone who's interested in doing debt/currency research, focusing on europe or east asia?

Sloan
Columbia
Stern
Wharton
Booth
LBS
INSEAD

Also, how about policy programs such as harvard kennedy, columbia sipa, and johns hopkins sais?

Thanks a lot, monkeys.

Mar 29, 2018 - 10:02pm

Exactly the way you listed them!

"Every man should lose a battle in his youth, so he does not lose a war when he is old"
Mar 29, 2018 - 10:03pm

I'm interested in this as well. I would think that wharton and booth are the strongest for this area. Also I heard great things about johns hopkins SAIS.

LBS places very well for finance jobs in europe, but if you have any desire to work in the U.S. it seems like going there is an awful idea. I could be wrong on this though.

Mar 29, 2018 - 10:08pm
MCC:
Wharton
Booth
Sloan
Columbia
Stern
LBS
INSEAD

What this guy said.

Here to learn and hopefully pass on some knowledge as well. SB if I helped.
Mar 29, 2018 - 10:09pm
MCC:
Wharton
Booth
Sloan
Columbia
Stern
LBS
INSEAD

I agree with this, but i would place columbia ahead of sloan for just about any finance job.

INSEAD is great for consulting and PE shops in europe but not that great in other areas. Also it's only a one-year program, so the dynamics of recruiting there is probably very different from the others.

Mar 29, 2018 - 10:13pm
Derivatives:
Thanks for the input guys. Do you know if these types of jobs are available for MBA's through ocr?

I know that the world bank's IFC and NY Fed recruit at top b-schools. Not sure about investment research. But these are the types of jobs where once you go outside of the M7+london business, your options get severely limited.

Mar 29, 2018 - 10:14pm

2008 Economist Ranking for B-Schools (Originally Posted: 10/05/2008)

Does anybody else also agree that these rankings are inaccurate. You got Wharton (17) a few spots below Schulich school of business (15)(Canadian school) and then just one below Harvard.

2008 rankings

Criteria: Overall rank
Rankings methodology

School Rank (out of 100)
IMD - International Institute for Management Development 1
IESE Business School - University of Navarra 2
Chicago, University of - Graduate School of Business 3
Stanford Graduate School of Business 4
Dartmouth College--Tuck School of Business 5
California at Berkeley, University of--Haas School of Business 6
Cambridge, University of - Judge Business School 7
New York University - Leonard N Stern School of Business 8
London Business School 9
IE Business School 10
Hong Kong University of Science and Technology -- School of Business and Management 11
Harvard Business School 12
Cranfield School of Management 13
Vlerick Leuven Gent Management School 14
York University - Schulich School of Business 15
Northwestern University - Kellogg School of Management 16
Pennsylvania, University of - Wharton School 17
Massachusetts Institute of Technology - MIT Sloan School of Management 18
INSEAD 19
Henley Business School at the University of Reading 20
Columbia Business School 21
Michigan, University of - Stephen M Ross School of Business 22
Warwick Business School 23
Ashridge 24
Virginia, University of - Darden Graduate School of Business Administration 25
Melbourne, University of - Melbourne Business School 26
Oxford, University Said Business School 27
Cornell University--Johnson Graduate School of Management 28
Duke University--Fuqua School of Business 29
Yale School of Management 30
Hult International Business School 31
HEC School of Management, Paris 32
ESADE Business School 33
Notre Dame, University of - Mendoza College of Business 34
Carnegie Mellon University - Tepper School of Business 35

Mar 29, 2018 - 10:16pm

Stern>HBS/Wharton...ok.....

So what do you do?
-I work for an investment banking firm.
Oh okay; you are like my brother, he works for Edward Jones.
-No, a college degree is required in my profession

Reality hits you hard, bro...
Mar 29, 2018 - 10:18pm

Brady's 2015 MBA rankings released! (Originally Posted: 10/21/2015)

Looks like Brady was right about the H-bomb. I'm sure he would like to see a most eligible bachelor ranking included in these. (link inside post)

Business school has been called a two-year job interview, and with good reason: For more than $100,000 and two years of study, MBAs hope to gain access to vast alumni networks, top-tier internships, and the very best jobs. Our annual ranking of full-time MBA programs now focuses on what most people hope to get after business school: a satisfying, well-paying job.

More graduate degrees in business are awarded each year than in any other field in the U.S., and new business schools are accredited by the dozen every year. To identify the best ones, we compiled data from more than 13,150 current students, 18,540 alumni, and 1,460 recruiters across 177 distinct B-school programs. The result is our deepest and broadest set of data ever.

This year, we've revised the way we rank schools. For the first time, we surveyed MBAs after graduation for more insight into what graduates can expect in their future careers. We detailed some of the standout findings about MBA alumni in a separate report-including a broad pay difference between male and female MBAs that starts small, but gets bigger as they continue their careers.

http://www.bloomberg.com/features/2015-best-business-schools/

Mar 29, 2018 - 10:29pm
MBAGrad2015:

First, the OP is a weird dude who is obsessed with Brady.

Second, no one takes the bloomberg ranking seriously. Wharton at 5, Stanford at 7, Tuck at 14? And Booth and Kellogg at 2 and 3? Ok, Bloomberg needs to focus on financial news and stop embarrassing themselves by dabbling in MBA rankings.


I agree, and things get even weirder the further down the list you go. I mean, NC State over Notre Dame/Wash U? Are you fing kidding me? And amazing that a school can go from #1 to #8 in just one year. I guess that's what happens when you only survey alumni from what seems to be an arbitrary 3 year period (and one during a recession no less) and can't even be bothered to use current employment/salary data.
Mar 29, 2018 - 11:02pm
MBAGrad2015:

First, the OP is a weird dude who is obsessed with Brady.

Second, no one takes the bloomberg ranking seriously. Wharton at 5, Stanford at 7, Tuck at 14? And Booth and Kellogg at 2 and 3? Ok, Bloomberg needs to focus on financial news and stop embarrassing themselves by dabbling in MBA rankings.

Third, do you really want to know which schools are better? Look at where people who actually get in end up attending. HBS and Stanford decisively beat every other school in cross-admits, followed by Wharton, and then Booth/Columbia/Sloan/Kellogg lumped together in the same group. I do think Wharton's edge over the latter group has gone down a lot in recent years. I know a lot of people who turned down Wharton for other schools due to scholarship and other factors.

not sure if you heard this concept before, but - if you don't make ridiculous rankings and alternate the rankings, they can't catch any eyeballs!

Suppose bloomberg ranking is status quo for 10 years, they'll be soon forgotten..

Mar 29, 2018 - 10:32pm

i actually think it's not a terrible ranking. obviously the Stanfurd placement is wrong, but if you look at the top seven schools in that ranking... yeah, those are basically the top seven programs. If you look at the top 10... looks about right, although I might swap out Duke for Dartmouth, but otherwise looks decent.

I would expect Wharton to take a serious brand hit about two years into the Trump administration, so maybe they are just baking that into their ranking now.

Mar 29, 2018 - 10:33pm
jankynoname:

i actually think it's not a terrible ranking. obviously the Stanfurd placement is wrong, but if you look at the top seven schools in that ranking... yeah, those are basically the top seven programs. If you look at the top 10... looks about right, although I might swap out Duke for Dartmouth, but otherwise looks decent.

I would expect Wharton to take a serious brand hit about two years into the Trump administration, so maybe they are just baking that into their ranking now.

Haha. I laughed my ass off with the Trump comment. Nicely played, sir!

Well, you're right that the M7 schools are all in the top 7, as opposed to something weird like Duke being #1 in last year's rankings. But Booth at #2 and Stanford at #7 don't make any sense whatsoever. Not bashing Booth by any means, but any ranking that does not have HBS/Stanford at the very top doesn't make sense. I agree that Wharton is in decline, but it's still a solid top 3-4 program.

Mar 29, 2018 - 10:41pm

Whow!!! Rochester, Michigan State, Georgia Tech have better job placement than Harvard? Why haven't I started my Michigan State application yet? lol

Mar 29, 2018 - 10:43pm

if you're looking at anything but the salary rank, you're doing it wrong.

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditional formatting and circular references.
Mar 29, 2018 - 11:00pm
AllDay_028:

This thread got super weird. Why did you delete all your comments?

For people who don't know, ''Human Capital'' is dating Brady's sister. That's why he teases him so much. His sister saw his messages and told him to remove them or else.

Being the pussy that he is, Human Capital, in fear of having no more punanny, promptly deleted his messages.

Mar 29, 2018 - 11:05pm

US News 2009 B-School Rankings (Originally Posted: 03/28/2008)

FYI

Little surprised about some of the schools that cracked the top 25. Also, thought Emory was a little better than 24.

1 Harvard University
1 Stanford University
3 University of Pennsylvania (Wharton)
4 Massachusetts Institute of Technology (Sloan)
4 Northwestern University (Kellogg)
4 University of Chicago
7 Dartmouth College (Tuck)
7 University of California--Berkeley (Haas)
9 Columbia University
10 New York University (Stern)
11 University of California--Los Angeles (Anderson)
12 University of Michigan--Ann Arbor (Ross)
13 Yale University
14 Cornell University (Johnson)
14 Duke University (Fuqua)
14 University of Virginia (Darden)
17 Carnegie Mellon University (Tepper)
18 University of Texas--Austin (McCombs)
19 University of North Carolina--Chapel Hill (Kenan-Flagler)
20 Indiana University--Bloomington (Kelley)
21 University of Southern California (Marshall)
22 Arizona State University (Carey)
22 Georgetown University (McDonough)
24 Emory University (Goizueta)
25 University of Rochester (Simon)

Mar 29, 2018 - 11:09pm

these rankings don't mean much... Anderson was #10 in 2007, dropped to #16 in 2008, and now back up to #11 in 2009?

currently a 1st year at Anderson and I can say that we do pretty well in IB recruiting. we are definitely one of the core schools for IB offices on the west coast. as far as NYC goes, that's a different story- our brand obviously doesn't carry much weight out east.

Mar 29, 2018 - 11:11pm

Northwestern is not necessarily better for banking. Their hallmark program is marketing, which is the best in the country most likely. For banking, nobody can beat Columbia's NY contacts, and at 9th overall they aren't too shabby as an entire b-school institution. Might sound crazy, but there are people in b-school who don't want to end up doing finance. Northwestern might not be the best banking b-school but they are phenomenal for marketing.

Mar 29, 2018 - 11:22pm
gomes3pc:
Northwestern is not necessarily better for banking. Their hallmark program is marketing, which is the best in the country most likely. For banking, nobody can beat Columbia's NY contacts, and at 9th overall they aren't too shabby as an entire b-school institution. Might sound crazy, but there are people in b-school who don't want to end up doing finance. Northwestern might not be the best banking b-school but they are phenomenal for marketing.

Many times people say the non-finance schools, like Kellogg, are also good for banking since there are less people competing for the same banking spot. How do you ppl see this? Obviously there are less finance recruiters at Kellogg than Chicago GSB so this would just offset the before mentioned advantage.

Mar 29, 2018 - 11:12pm

Indian-banker, you can't just look at one ranking. Financial Times rank Columbia as the second business school worldwide (after Wharton).

There was also a ranking of rankings done which essentially took a weighted average of the various rankings, and Columbia came out No 1, and has been so for the last couple of years. I am very impressed with Columbia and aim to do my MBA there after 2-3 years in banking.

Mar 29, 2018 - 11:13pm

Rankings don't mean anything. I have personally seen Deans mess with the ranking of their school - selective surveys, etc.

We're Italian, "WACC" means something else to us.

We're Italian, "WACC" means something else to us.
Mar 29, 2018 - 11:17pm

MBA rankings mean very little, ugrad bschool rankings mean even less. Some very respectable publications put HBS at like 6 or 7- if that's the case, why does it have a ~90% yield? Why is it that HBS recruiting kills other schools? It's not like the top employers sit on tenterhooks until the rankings come out and then send recruiting teams to the top 10 schools. I am convinced that the more stock you put in business school rankings, the less you actually know about the whole system. That, and people who refer to an "Ivy league MBA" as a top MBA.

Also I hate to attack a specific school, but Sternies are the WORST about that shit... "Omg, Stern is #3 this year, woooooo!!!" I once told an especially obnoxious Sternie that if you are intelligent enough, you go to a school without an undergrad business program- he didn't take it well.

Mar 29, 2018 - 11:25pm
ideating:
Also I hate to attack a specific school, but Sternies are the WORST about that shit... "Omg, Stern is #3 this year, woooooo!!!" I once told an especially obnoxious Sternie that if you are intelligent enough, you go to a school without an undergrad business program- he didn't take it well.

I'd say a lot of that comes from an inferiority complex that many people at Stern start off Freshman year with. It's a second-best-option kind of thing. I'm not so sure about the "you go to a school without an undergrad business program" part because there are some people who actually want to study finance, but I do understand your point.
Honestly, if a candidate is genuinely confident in his ability, a quip about his school shouldn't spark a palpable reaction. Kid was probably just a pussy.

Mar 29, 2018 - 11:18pm

curious, yes, if you wanted to settle down in Chicago, I'd say go to UChicago or NWestern (the latter is a lot more fun IMO and just as good or better). Unless you are going to HBS/Stanford, of course, and in that case you can get a job wherever you want probably. But if it comes to UChicago vs. Dartmouth or Northwestern vs. Haas, take the one in Chicago.

Mar 29, 2018 - 11:19pm

I'm not one for rankings. Sure, going to a top school does help you get into banking/finance in general. But I don't think there's much value in debating who's #1 vs. who's #2 or #5 or #7.

There are probably better ways to decide where to go to undergrad/business school than deciding based on slight differences in rankings... go for location, people, opportunities. If something's in the same "class" it really doesn't make that much of a difference. The same BTW goes for "ranking" bulge brackets and that's why I never answer such questions. :)

Mar 29, 2018 - 11:20pm

A lot of you guys are really missing the purpose of these rankings. These rankings are supposed to give you a general guideline as to the quality of schools. These exist to give people who are generally unfamiliar with the programs a view on which are good quality and which less so. They will do you no good in choosing whether to go to Chicago or Northwestern. However, if you get accepted into Rochester and NYU, the rankings do a great job in showing that one is generally superior to the other. So basically, use the rankings to determine large gaps (a #10 vs a #20), but you're wasting your time saying a #7 should be above a #6 or similar pointless arguments. Also, try to remember that the target audience for these types of things usually isn't you.

CompBanker

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Mar 29, 2018 - 11:23pm

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Mar 29, 2018 - 11:31pm

Molestias sed dolorem beatae porro est dolorem. Quia accusantium numquam magnam ut modi ducimus. Consectetur excepturi ipsum soluta veritatis voluptatibus alias.

Est cupiditate est laudantium molestiae corrupti soluta hic unde. Illo suscipit dolorum veniam facilis. Numquam eum dignissimos corporis.

Unde porro facilis voluptas hic. Quam voluptas nihil quae ducimus.

Vitae non magnam quia maxime et molestiae tempore et. Quod sint laudantium blanditiis dolores autem veniam nisi. Ab occaecati blanditiis nihil sunt vitae perspiciatis. Repellendus rerum illum quod at.

Mar 29, 2018 - 11:32pm

Deserunt ad minima error et omnis dolor culpa. Itaque quasi earum provident dolorem. Fugiat error repudiandae nihil totam maxime consequuntur corrupti.

Aut assumenda accusamus beatae non. Ut sint qui soluta voluptates a. Ullam hic rerum sequi sunt. Veritatis sint est ut optio qui. Dolor aut soluta corporis aliquid id nobis.

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