Business school deans are expressing their dissatisfaction with this year’s MBA rankings, following significant drops in rankings for several schools. Dean Gene Anderson of the University of Pittsburgh’s Katz Graduate School of Business stated that it is important to investigate the reasons behind these declines and take appropriate action. Dean David Marchick of Kogod School of Business criticized the methodology that penalizes schools with high percentages of international students, stating that it raises questions about whether prospective students are getting the full picture of the schools they are considering. Marchick also emphasized the importance of providing reliable and logical information to empower potential students in their decision-making process.
This article suggests that prospective students should approach rankings with caution and highlights the concerns surrounding the U.S. News MBA ranking. It acknowledges that rankings are often produced by editors who may lack knowledge about business education. Furthermore, the article questions whether these rankings provide a comprehensive view of the schools, particularly in relation to the treatment of international students. It emphasizes the need to consider rankings as just one factor in the decision-making process and encourages students to conduct thorough research and evaluation of different schools.
The article also discusses the surprising results of this year’s U.S. News MBA ranking. It notes that the University of Chicago’s Booth School of Business secured the top spot for the second year in a row, while Northwestern Kellogg ranked second. It highlights the performance of both schools in key areas valued by U.S. News, such as average GMAT scores, undergraduate GPA, placement rates, and peer and recruiter assessment scores. The article emphasizes that although Booth claimed the top spot this year, minor improvements or changes in methodology could potentially shift the advantage to other schools such as the Wharton School. It concludes by urging readers to remain vigilant and not become overly reliant on rankings for evaluating business schools.
In summary, the article highlights the dissatisfaction expressed by business school deans regarding this year’s MBA rankings. It acknowledges the concerns raised about the methodology and the potential impact on prospective students’ decision-making process. The article also provides an overview of the surprising results of the U.S. News MBA ranking, emphasizing the performance of the University of Chicago’s Booth School of Business and Northwestern Kellogg. It concludes by cautioning readers about the limitations of rankings and the need to conduct thorough research when evaluating business schools.
