MBA School rankings

27 10 2007

Rankings are the most confusing and sometimes even debatable measures of the quality of business schools. There are multiple publications that rank business schools.

  • Global MBA rankings

Business week
Financial Times
US News
Economist/EIU
Forbes
Wall street journal

  • Indian business school rankings*

Outlook – 23rd September 2007 issue
Business today – 17th September 2007 issue
Business world
India today

Rankings increase the overall awareness about business schools and act as a ready reference for a lot of important parameters that students can use to gauge their right FIT!

A word of caution–Don’t get carried away by just a good ranking school in one of the rankings. Each publication uses different methodologies and has its unique criteria and ranking philosophies. Look at several rankings holistically and this can give a good sense of schools that tend to stand out from the rest.

My take…

There is no magic school–or even short list of schools–that offer the “best” MBA program. It depends on who you are, where you want your life to go, what do you want your MBA to deliver– not just during the program but even beyond. It helps line things up, so that you see which programs lie along your path, and which do not. It also takes some of the pressure off the application process–because you know that each of the schools to which you decide to apply would help you on your personal path.

It is usually a good idea to read the criteria for the rankings and interpret them accordingly and then give special weight to criteria that mean the most to you!

Final word

There is a lot of controversy about the different methodologies and the big differences in the rankings by different people, so it is a good idea to look beyond mere rankings.

I leave this post open for debate, discussion and arguments! 🙂

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