2008 Ranking

The latest Economist Intelligence Unit ranking of full-time MBA programmes has placed the Swiss school, IMD, first. Last year’s number one, Chicago, drops to third, while Spanish school IESE climbs to second.

The EIU’s is the most student-centric of the major rankings. The methodology is informed by a survey of well over a 100,000 prospective students spanning more than decade, asking why they decided to take an MBA in the first place. The ranking seeks to answer the questions the students themselves want answering.

However, the unique methodology can throw up some interesting results. Some of the biggest names in the business school world perform moderately by our criteria, while some lesser-known lights shine.

Students who are about to shell out as much as US$100,000 in programme fees (not to mention a similar opportunity cost in foregone earnings), have a right to as many independent assessments as possible. You wouldn’t spend a fraction of that amount on a car without reading a few impartial reviews.

So while there remains some deep-seated wariness, schools now accept that rankings can play a valuable role. And, in any case, students, ever-more willing to scour the globe for the right programme, will continue to demand them. The key to using the rankings is to fully understand the different methodologies used, and then decide whether or not they are relevant to you.

But, at the very least, they provide an endless debating point. So, feel free to let us know where we are right, and where we have got it wrong.

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36 Responses to “2008 Ranking”

  1. Florida MBA Says:

    Why the diss to the University of Florida this year. With an average GMAT of 682, the student body rivals ALL top 20 MBA’s. Why was it not ranked?

  2. Martin Says:

    I don’t understand your ranking.
    I am admitted to Columbia Business and INSEAD (they are quite good, according to Businessweek and FT.com),
    but you are saying in your ranking that I should have better applied to Cranfield (never heard of that school) and Vlerix Leuven (or whatever…).
    Something seems to be wrong with your statistics. My colleagues from Columbia told me that your Brits always rank your schools higher because you never got over the fact you are not the Empire anymore.
    Sorry to say that, but I probably will go to INSEAD (cheaper than Columbia) and not Cranberryfield.

  3. Andrew Says:

    Hi Martin.

    The EIU methodology is fully explained at:
    http://mba.eiu.com/site_info.asp?info_name=wmba_rank_method

    Perhaps reading that would add a little more clarity to your understanding of the statistics.

    It really seems like you need that MBA …

    Regards,

    Andrew “Cranberryfield” MBA 2007/2008

  4. Vinamra Mishra Says:

    The rankings are very informative and useful for those who are applying for the MBA degree for 2009. However i may like to point out a few schools whose rankings are a bit udigestible (based on my own personal research):
    1. HKUST at #11 seems a bit too high.
    2.Cranfield at #13 (high)
    3.Henley, Reading at #20 (high)
    4. Yale @ #30 (very low keeping in mind the sheer student and faculty quality)
    5.Nanyang @ #81 (too low)
    6. Lancaster @ 52 (low)

    My research might be skewed but that is what i feel..

    Regards
    Vinamra

  5. Deependra Says:

    Couple of factors which I think cannot be compared using any ranking

    1. Jobs post MBA: In Europe jobs is highly dependent on local language skills so if a European school has diversity among students then this will hinder job offers post MBA. So US and UK schools will do good on this front.
    2. One year MBA is not meant for career changers so most of the European schools will rank low on this.
    3. If there is diversity in MBA class all students will tend to go and find jobs in different parts of the world unlike US schools where most of them try to stay within US. This will affect the interaction of alumni’s with current students.
    4. Alumni network becomes stronger with larger network so schools with high intake will do better on this front.
    5. High GMAT score is required only for jobs in Investment banks(you know what happened to Lehman brothers) and consulting companies. If the focus of the school is different it will rank low on this which in no way reflects the caliber of the students there.

    The focus of prospective MBA candidates should be review the quality of teaching faculty and not concentrate of career opportunities. If you are smart you will always manage to get a job but a good lecturer is a life time asset.

    My suggestion would be to understand the ranking methodology fully before making them a part of your decision criteria.

    Regards,
    Deependra

  6. Geoff Thiessen Says:

    I always enjoy reading these rankings and the discussion they promote. I like the interactive features you provide to “find the fit” for you, but even a quick look at the results unearths some pretty suprising results – are there data errors in this survey?

    Example:
    Harvard ranked #38 in student in student quality, despite the fact that almost no-one (except a few who go to Stanford) turn them down?
    Harvard ranked #64 in breadth of Alumni network?! George Bush, Jack Welch + 900 new students a year?
    Wharton ranked #74 in post grad salary? Seems too focused on salary growth because their base salary is top 5 in the world

    I feel that this survey is too much a slave to its methodology. Mathematical precision and objectivity is one thing, but blindly trusting an equation for your results is just silly. Is Botswana a better place to work than europe because their income growth rate is so high? There’s more to the story than just a few numbers.

    Just my 2 cents, didn’t mean to offend any Botswanans, congrats on your fantastic growth rate!

  7. Sarah Says:

    As a recruiter for a top consulting firm, I feel that the best quality students I have ever hired have been Kellogg MBA’s. It is a shame that the ranking does not do that justice. The quality of the students is significantly higher than any of the other schools ranked here.

  8. Tom Says:

    UK publications have embarrassingly inflated UK University rankings over the past decade. Year over year, this had become increasingly obvious. UK Universities have made ridiculous strides in the past five years that are virtually impossible given the relatively stable nature of University output. Why is it that only the Brits seem to be missing this? Statistics can be “analyzed” to say just about anything, so methodology is moot, Andrew.

    The best measure of University performance remains University endowment funding. Around the world, we rank just about every type of organization (e.g., governmental, non-profit, for profit, etc.) on the amount of funding that flows-through it. It is simple, clear, and can’t be mucked with like “statistical methodologies”. As ego bursting as it might be, US Universities absolutely crush UK Universities (except for Cambridge and Oxford) on endowment numbers.

    More endowment = more money for research and education = best output = best and brightest incoming students and more endowment, etc, etc, etc.

  9. Danielle Says:

    “More endowment = more money for research and education = best output = best and brightest incoming students and more endowment, etc, etc, etc.”

    It is amazing how “simple” this formula is. I just wonder, how come that e.g. the best and most valued engineers in the world come from Germany, where most universities have to exist without such thing as “endowment”, where education is to great extent governmental and almost free for the student? (am not German)
    I will not go into more samples on specialists and good education from around “crappy” old Europe although there would be plenty.

    “Professional” comments like: “My colleagues from Columbia told me that your Brits always rank your schools higher because you never got over the fact you are not the Empire anymore.” speak a lot about the quality and attitude of Columbia MBA students. A certain level of integrity, professionalism and experience is expected from MBA students in Europe -apparently it is not in other places.

    Having enjoyed grad and post grad education around the world (am not British either), I think I can speak from experience working in a senior management position the last 15 years, on a global level for a US corporation (oh my, an insider). My résumé is: US universities qualify you to work on a US level, in your own culture and thinking system. European and Asean universities and in particular MBAs qualify you to work on a global level, around the world! It is as simple as that, if I may simplify things as well.

    Anyway, I have my MBA from one of the “overinflated” British institutions, which have triple accreditation (US as well) and was promoted the first time based on the fact that I was accepted by this specific Business School (!)

    Apart from this, the discussion is totally pointless in my opinion. Every potential MBA student should look for an institution that will best equip him/her with skills, knowledge and the network he/she WANTS and NEEDS to be successful in whatever they want to do in their career.

    This a an individual research that nobody else can do for you. Every institution has its strengths and weaknesses – some are strong in industries like pharmacy, others in strategy & consulting, again some in automotive. Choose what you are aiming at!

    Rankings are a good starting point, the rest of the research is up to the individual!!
    And what might be good for you, might not be good for me or somebody else.

  10. Martin Says:

    Hi Danielle,
    thanks for the reply to my first posting here. But I dare to disagree with you.
    I went through the methodology of the EIU ranking and there obviously are some severe logical errors. I also checked the FT ranking and there too are some very obvious errors (e.g. the ridiculous ranking of the Indian Business School based on salary, which on a logical term would make the Indian school way more expensive than Harvard!).
    In addition I recently read the article about “INSEAD out?”
    Which describes how the ESMT school in Berlin will outshine older schools.
    Further, I came across a very interesting blog from Necromonger (ex-INSEAD student) who did a detailed statistical analysis. So my first intuition seemed right- never trust a ranking which you didn’t fake yourself.

    I am not enrolled yet anywhere (starting next year), but as a European I can say that the ranking of the Economist is “complete crap”. Sorry to be drastic in my words.
    I used to read the once excellent Economist regularly in previous years. But that ridiculous nonsense about the German ESMT which is a total failure in Germany with no enrollment, financial exitus and a lot of political scandals, together with the statistical nonsense that the Economist produces in their surveys has reinforced my believe that “The Economist” is now only after sales these days, nothing better than scandals like cheap tabloids.

    I lived and worked in the UK, and as a non-brit I definitely can say that Brits never got over their lost Empire. That’s a fact, Just turn on the TV and you’ll see: British glory history everywhere.
    In my opinion, only international universities in England are of any international value, which is Oxbridge and in London. The rest is deeply provincial. Same with schools.
    Now, if some provincial Economist journalists rank their Cranberryfield school above US Ivy leage, so be it. Nobody has to take them serious.

    Btw: endowment as a criterion does not work with government funded schools. E.g. the French HEC is excellent, a good mid-tier school, but has almost no endowment. German and Italian universities have no endowment, but are purely government financed. And their engineering students seem to be better than the US students. Engineering examples:
    Compare crappy Ford, Oldsmobile and Chevrolet to European Mercedes, BMW, Ferrari or Lamborghini.
    Enough said… 😉

  11. Tom Says:

    Totally agree Martin.

    Danielle; no offense but the bits of information you shared from your resume are of little value to this discussion, simply because you are after all a sample of one.

    Top endowed US Universities:

    Yale = $22.5 Billion USD
    Harvard = $34.6 Billion USD
    Stanford = $17 Billion USD
    Princeton = $15.8 Billion USD
    MIT = $10 Billion USD
    University of Michigan (oh my, a public school) = $7 Billion USD
    U Penn = $6.6 Billion USD

    The list goes on and on and on…

    Now, how about the endowments for UK Universities:

    Cambridge = $8 Billion USD (being generous with the exchange rate)
    Oxford = $8 Billion USD (again being generous with the exchange rate)

    That’s it. The next highest UK endowment figures come from:

    Edinburgh = $300 Million USD
    Manchester = $200 Million USD

    My point here is not to slam the strength of UK Universities. Rather, would anyone really choose to attend Henley Business School at Reading over Yale, Oxford or Columbia as the EIU rankings would suggest? Give me a break.

    Outside of (possibly) the Thunderbird School of Global Management for International Business, specialization means NOTHING and University brand-name recognition is everything. If you don’t believe this you are not living in the real world. As the above shows, endowment is a good indicator of how these Universities have built (and continue to build) their brands.

  12. Alex Says:

    As this only appears to rank full-time MBAs it is of limited value. What about part-time and distance/blended learning products? Most research into the MBA market is flawed and this is no different. Do your MBA at the institution you feel is right for you and stuff the rankings. I did and I haven’t looked back.

  13. Martin Says:

    To Alex:
    Part-time MBA, at a leading school, is a very tough time which requires drastic self-control and motivation. I am jealous to those who can do this and sacrifice evenings and week-end for a couple of years. I can’t.

    A few ex-colleagues of mine at work did this. One at Henley College and another one at a German Hagen University.
    I tried it with the Open University and gave up after a few months and decided to enroll fulltime (starting January now, yeah!!), because office work has always gotten into my way.

    I don’t see much difference, if any, between full-time and part-time in terms of knowledge. However you might miss a lot of good network connections and the class learning experience, I guess.
    I assume, these days with excellent internet televideo learning a part-time MBA should be an excellent way to get some “class” experience.

    In terms of endowments: again, there are private and government schools. I heard that European governments want to open universities to more self-control so that they can allocate their money better to their needs. I heard about this Elite-University thing in Germany and the new funding of French grand ecoles. Sounds promising, but will take 10 years to come into effect. A large German or French university has a yearly budget of about EUR300-600 millions, so this would be equivalent to an endowment of some EUR5-10 Bn, which would be similar to international schools.

    On the other hand, INSEAD has an endowment of EUR 110 millions, tiny.
    But still, I was told that this school is leading-edge and their students do not study on wooden benches in the Fontainebleau forest.

    So, I conclude, that endowment is necessary but not sufficient to create a top-notch school. That’s my EUR 0.02

  14. Tom Says:

    Martin; again, good point.

  15. Kd Says:

    Interesting how BYU, Notre Dame and other private christian schools are considered unworthy…I would ask you to reconsider your methodology.

  16. James Says:

    Sorry this is a really long sooment, but I hope (in the end) it will help some with their decision making.

    I think a lot of the comments here miss the point on the EIU rankings. Unlike most other rankings this one gives considerable weighting to participants’ views of their own schools & peers.

    A lot of you mistake quality in terms academic reputation with quality of an MBA education. The two are not the same thing. The endowment issue is meaningless as it is not how most European schools are funded, so comparisons are meaningless on this basis.

    We can all read the great professors articles in HBR or their books. This has little or no impact on what you do or do not learn from an MBA. For that you need good lecturers/teachers (academics often aren’t) and a great peer group.

    In addition anybody who has spent any time working in business at a reasonably senior level quickly works out that most academic research & theories are absolute rubbish. Academic theorising about business & markets is typically over simplistic and irrelevant in real world terms. It is also normally just a rehashed & rebadged version of other theories.

    Management consultancies and finance types really like this academic simplicity and ”originality”. They like to act like they know about and are at the leading edge of business. However, recent history has shown both to be largely emperors without clothes.

    Why do you think that MC’s find they have to buy in senior experience from business / industry outside the pool of pure MC developed “talent” if they want to develop a credible practice in virtually any business/industry area? The same has typically applied to private equity, et al. Meanwhile the pure finance experts clearly understood everything about business & markets didn’t they….

    This is the main difference between (most) US schools & European ones. In the former you tend to get mostly 1st degree-ers with at most 1-2 years experience, from whom you will learn nothing. A US MBA is really just another academic post grad course designed to show that you are the right raw material for whatever is to come.

    The “Top” US schools (and some European) seem to focus on turning out hard core analytical grunts for the backrooms of MC’s and the Street. These grunts need to be dressed with a patina of “business knowledge” in case the MC needs to justify “consultant” day rates being charged for their time. An MBA from a famous school helps in this respect. But actually the grunts usually know dick about business.

    However, most of the top European schools take students that already have 5-10 years work experience. In any one subject area you will typically have 5-10 people with pretty strong knowledge & understanding of their previous business discipline, coupled with real practical (as opposed to “academic”) experience of doing the job.

    Consequently, in Europe you (usually) learn as much from the knowledge and experience of your peers as you do from the academics. The academics mostly know this, so tend to facilitate it and merely bring in other perspectives to inform discussions.

    If you actually want to learn stuff about the practicalities of running a business and to be able to understand how all the different disciplines fit together, then real world experience is far more valuable than Academia.

    I went to one such European school a few years ago. I was 33 and an advertising / marketing specialist, who had also already previously set up and run a food manufacturing & restaurant business. My experience level was typical of my peers. The average age on the course was 31 (ish). We had different people with 10 years experience of: Finance & accounting, Business law, Operational management, Project management, Economics, etc, etc. I think the youngest person on the course had 4 years working experience.

    Our school was focused on turning out future business managers, leaders and entrepreneurs rather than MC’s & Financial Engineers. A lot of our courses were thus focused on personal development in terms of our leadership and management capabilities. Consequently, most of our faculty had had significant careers in business before switching to teaching in business schools, but they did not all have Doctorates & PHD’s and had not all “published” research. As a peer group we really rated the MBA experience and the quality of our peer set and alumini network.

    I am now a reasonably senior exec in a global marketing services business. I definitely benefited from the MBA experience personally. But so have a lot of my peers – or so it would seem from their career progression.

    My school is in the top 20 in EIU. It is lower (though still a decent way up the list) on things like the FT ranking which are largely driven off things like the level academic qualifications of the faculty and number of published research papers.

    If you are looking for a badge on your CV to get the best 1st or 2nd job, do a famous US / European academically lead MBA. Rely more on FT or Business Week style rankings to steer you.

    If you want to learn how to develop and run a business, choose a school that has students with an average age of 30+ and ideally that has some specialist focus in the area of business you are most interested in, plus whose alumni really rate their peers. In this case the EIU may be your best guide. This is largely why IMD (not my school) is top in this list.

    I am afraid I don’t know much about schools in the rest of the world. But I guess they probably fall into these 2 main types and similar advice would apply.

    Don’t make the mistake of thinking that any ranking tells the whole story.

  17. Andrew Says:

    James,

    I totally agree with your comments.

    Regards,

    Andrew.

  18. TWP Says:

    Andrew and James,

    I’m an american who is in the process of shutting down a small company I launched and manage. I’ve got 7+ years business experience and am very interested in an European program.

    I’ve heard the post-graduate EU visa issues might be a problem for me, do you have any advice as to how I should best leverage a European program and find the best fit for my needs?

    I’m very interested in your feedback and appreciate your time!

    tee dot pruitt at gmail dot com

  19. James Says:

    @ TWP

    The Association of MBA’s – a UK based organisation with a more European than NA focus may be useful. Should be able answer queries on visa’s etc. Plus they have a guide to accredited shools and run fairs etc. http://www.mbaworld.com/

    Not qualified to guide on specific choice of school. So better to hunt down what info you can from AMBA, directly from schools and from variety of guides such as EIU. That way you get several perspectives on many of the schools and you can better assess which suits you.

    Ask schools if they can put you in touch with Alumini in your region too – so you can get a view directly from the horses mouth.

    Things I feel you should think about:

    1. A lot of European schools are 1 year intensive programmes. Due to age & experience of intake the biggest expense of a full time mba over here is the typically the loss of a years salary. There are also some more American style 18 month – 2 year programmes.

    2. You do need to think about what you want out the other end. In particular if recognition of the Business School brand by corporate recruiters back in NA is going to be important, it may limit your choices. Quite a few good MBA’s in Europe are not very well known in NA. (see parochial comments above!)

    3. As someone who has been running your own business for 7+ years you are likely to know more about business than most MBA’s. You may learn a bit of useful “stuff” in academic terms, and you will get the “lingo” to talk things about it in a more “corporate/professional” way. But if you go for a “young” intake school you will probably end up being everyone’s mentor and not learn much in return!

    4. A programme may be of most long term value through helping you better understand your own strengths & weaknesses as a leader, manager or entrepreneur. It also provides the opportunity for you to better assess what direction you might like to head next, based on what you learn from the experiences of other students. Try and assess how much emphasis they place on “personal development” in the course (and on experience in selecting their intake).

    Hope this helps & good luck.

  20. TWP Says:

    James,

    Thank you very much for the insights, I appreciate it.

    To the entire group, does anyone have knowledge of the best financial aid packages for an American who wants to attend a European MBA? The absolute max the US student loan gvt back group will allow is US $20,500 a year, which isn’t enough, and is unsubsidized, which means payments will be due while I’m still in school.

    After running a declining business the last couple of years, my credit profile isn’t strong enough to receive private bank loans in my opinion.

    Any other strategies I should think about?

  21. John the Anonymous Says:

    As a professor who teaches at a so-called top business school in Europe, I can tell you that most schools pull out lot of scams to elevate their ranking. They cook the books and send out false data out just to get their ranking higher. The higher they get the more students they attract and thus make more profit. Students usually look at the rankings and trust their eyes not their brains.

    The journals who provide the rankings also receive bonuses in forms of placed advertisements. Thus they are totally biased in providing the rankings. Of course, as some people already mentioned the U.S. tend to rank their school higher while Europeans do the opposite.

    My whole point is that this ranking is highly subjective, biased, and actually does not have any logical or scientific value whatsoever.

    John

  22. Mozartain Says:

    Thanks, John.

    Is there a list of ethically-run schools? That’ll be more useful to me than this ranking.

  23. Jan Says:

    Thanks for including a German school (Mannheim) for the first time. I must admit that Germany is still an emerging country on the international business education market. But Mannheim or WHU (with its EMBA program) prove that a few schools have the potential to play a good role in the international rankings in the near future. But beware of rotten apples on the German market like ESMT oder EBS!

  24. Pete Says:

    @ Mozartain: Do you know the list of the Aspen Institute? It should be the list you are looking for.

    @ Jan: I fully agree with you! I am optimistic about Mannheim’s ranking performance in the future.

  25. Bob Naga Says:

    I don’t get why the Richard Ivey Business School in London Ontario was not ranked? They seem to have a good reputation.

  26. Richard Says:

    Harvard is not even in the top 10? To me, that says that the methodology used here does not reflect “reality”, or at least commonly held perceptions…

  27. Dan Brigenza Says:

    Anybody know about the reputation of MBA at Hult International Business School ranked at 31? They have campus in Boston, London, Dubai, and Shanghai with 95% international student body, avg age 30+, low fees, 1 yr program, american MBA, professers from Arthur D Little, IIM, India, Stern, Kellog and Harvard as Dean. I think this school is doing great.

    Any information about this school about placement, reputation and corporate recognition?

  28. Che Guevara Says:

    I would like to drop a quick response to many of your comments. It seems many people are ‘hung-up’ on alma mater. While this is great for networking and (for some part) an indicator of quality of the program, it gives no justice to the MBA programs schools are providing. For example, just because Harvard is arguably the most notable university in the world, does not mean that every academic discipline (science, business, engineering, etc) should be ranked #1.

    There are many more dynamics to the MBA ranking methodology. For the most part, it depends what the student wants out of it: student, faculty, potential network, salary increase, etc. These all must be taken into consideration before deciding what MBA provider is the ‘best’.

    For those who are frustrated about the ranking of Henley Business School at the University of Reading, I challenge you to visit the campus. Talk with the professors and students alike. You will find many of them are distinguished in their own fields. As an MBA student at Henley, I can tell you my student team alone has two PhD’s from Oxford. Yes, I said students, not professors. Their academic background, coupled with impressive management experience (CEO’s, VP’s, and other exec positions) brings a wealth of current industry issues to the table.

    The Henley professors are even more impressive (LSE, Cambridge, Oxford, Columbia, CUNY, Henley, Cornell, LBS, Warwick, Standford, etc.) A quick look at their current practitioner positions leaves little doubt about the knowledge of their particular specialty.

    All of this knowledge (student and professor) leads to some very impressive education at Henley. Perhaps, just perhaps, this is why they are ranked so highly, have a triple accreditation and a long standing reputation for excellence in management.

    The point is, try not to mock what you obviously do not understand. Instead, seek to for the proper answers. If your goal is to completely tarnish a school (any school) you will only look for information to support such a thesis. I challenge you to go deeper to find objective support for such weak arguments.

    Good-day

    http://www.henley.reading.ac.uk/economics/about/econ-staff.asp

    http://www.icmacentre.ac.uk/about_us/academic_staff

    http://www.henley.reading.ac.uk/management/about/mgmt-staff.asp

  29. Rui Says:

    Hello!
    I would like to make an open question: I am a PhD in molecular biology who is going to USA or UK (I still have to decide between Chicago and Cambridge) with a postdoctoral fellowship (I am from Portugal). Although nowadays I am interested on research, I wanted to change after the postdoc experience, and I was looking for a MBA with good reputation in Pharmacy and biotechnology industry, and/or venture capital (of course, linked to pharma or biotech industry…). I’ve had a look to the MBA (Life sciences) in the open university of London (online MBA). Do you have any recommendation other recommendation (I would need a part-MBA if the master is close to Cambridge or Chicago, or an online-MBA). Thanks a lot!!

  30. Ajay Says:

    Dan Brigenza. Hult is the first global business school in the world. It has campuses in Boston, London, Dubai and Shanghai. Students can travel between campuses to complete their electives. Main disadvantage of the school is its brand awareness. However, MBA recruiters are aware of the school and the top students from Hult get into McK, BCG, JPM etc. Careers services is now run by the former head of CS at INSEAD.

  31. Doug Says:

    Ranking educational institutions is a dangerous and flawed concept to begin with and as with anything in life one should take these and any university rankings with a huge pinch of salt.

    The only things that matter in education are the depth of study, the quality of the models and the method of imparting those models. Anything else is politics.

    The fact that Mba’s still use rankings as a measure of worth devalues the whole system as far as I am concerned. There is a reason why real professions avoid rankings, and it is simply because if there is a valid and worthwhile body of knowledge to be known the ONLY good measure of value is the graduating student’s familiarity with that body of knowledge.

    Since management does not have a standard body of knowledge to begin with (case studies are at the scientific level of u.f.o. research unfortunately) it is forced to rely on a ‘buddy’ system of patronage for legitimacy.

    Still, a high ranking shows that a school is at least trying and not just after a quick buck. As others have said: It is a good place to start.

  32. Aiz Baig Says:

    Hello,

    There are some interesting points that have been made here. I agree that the education varies from school to school as there is no set amount of information or standard tests that are taken. Unlike a professional degree such as in the fields of medicine, dentistry or veterinary. Therefore the ranking system is important. However, the variables that are used to rank the schools seem highly subjective. Just because a school receives large sums in endowments and has a large class size does not necessary mean the education is better or worse than another school.

    The best thing a degree/education can do for a person is how to investigate problems, identify serious problems, and provide solutions to those issues. A smaller class size with more personal time with the teachers and greater years of experience in the work place would be the logical choice as to what makes a better trained MBA graduate.

    At the moment, the rankings are no different than buying an Alfa Romeo or a Ford. They both get you from point A to B, but one looks superficialy nicer than the other.

    Another point about the rankings is if the highest ranked students get the “best/influential” jobs, than surely those are the individuals who are most responsible for the economic problems that the world is facing today. So, just because you went to a highly ranked school, does not mean that you have a better degree than someone who did not.

    The ranking system should be changed to assess the positive impact the individuals have on the economy/world and than use that as a ranking criteria.

  33. vishkap Says:

    The discussions provide quite an insight and specially for me who has beenstruggling to get some information on henley apart from its own website .
    Anyone who experienced personally or had a close contact with Henley mba would be of great help to me in providing insights on work oppurtunities for an indian guy in uk post 14 years of work experince with last5-6 years at a strategic level of one of the leading retail organisations .
    My heart says henley mba but my mind is not sure considering the cost !
    Pls give me a genuine information !!

    • vishal kapoor Says:

      Hi Vishkap
      have u ben able to zero in on henley,whatever the status pl do let me know and would request u to share your email id
      i am also currently desperately seeking to get as much information as possible on henley full time mba
      have got collated quite a bit though still fragmented
      take care ……………
      vishal kapoor

      • Raves Says:

        Hey Guys…

        Have you received any reply on same .. or have you started your education in Henley , I also wanted to know, as I am also interested in Henley for this year intake. Please tell me your experience in searching the best college for you. I have similar kind of experience and looking for FT MBA.

  34. GP Says:

    It is a JOKE to think that an MBA from Spain or from Switzerland are ranked higher than the top US MBAs, and let me clarify that I am not a US citizen

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