MBA rankings
The Economist Intelligence Unit (a sister publication of The Economist) has released its latest MBA ranking. The London Business School ranked poorly with an appaling 23rd position. The top MBA is the one from IESE in Barcelona and it's the first time a European school is ranked first against the US schools. The next 4 are Kellog, Tuck, Stanford and IMD.
The Economist discusses the ranking and the methodology used by EIU and notes that neither Wharton nor Harvard have participated to the ranking. The Economist rightly points that:
"There are now so many business-school lists that they, too, probably deserve a ranking. Any top ten would include the EIU, the Financial Times, Forbes, US News & World Report and the Wall Street Journal."
The Wall Street Journal released its rankings two days ago and London Business School fell 3 places to number 5. IMD ranked first followed by ESADE. About the London Business School, the article mentions that: "The international student body and faculty are the key attractions of LBS," says Hedde Draper, who works in investment banking at Credit Suisse First Boston in London. "And in terms of faculty, research and relationships with the main financial institutions, it should be regarded as one of the very best finance schools."
Clearly, it's not possible to rely on a single ranking when estimating a School. With so much disparity in the results, they are becoming less relevant for students and for recruiters but it does not mean that they should be dismissed. In any case, nothing replaces talking to current students when applying to a program since it will give you information directly from the source. Or as the article from The Economist mentions:
"The listings, and the information that they distil, can help a student with that choice. There are plenty of things, however, that they cannot convey. None of the EIU's criteria, for instance, captures the distinctive culture of IESE. The institution is run by Opus Dei, a controversial Catholic order founded in the last century, and its professor of business ethics is a Roman Catholic priest."
In my opinion, an in no particular order, the top 4 MBAs in Europe are INSEAD, IMD, IESE and the London Business School.
The Economist discusses the ranking and the methodology used by EIU and notes that neither Wharton nor Harvard have participated to the ranking. The Economist rightly points that:
"There are now so many business-school lists that they, too, probably deserve a ranking. Any top ten would include the EIU, the Financial Times, Forbes, US News & World Report and the Wall Street Journal."
The Wall Street Journal released its rankings two days ago and London Business School fell 3 places to number 5. IMD ranked first followed by ESADE. About the London Business School, the article mentions that: "The international student body and faculty are the key attractions of LBS," says Hedde Draper, who works in investment banking at Credit Suisse First Boston in London. "And in terms of faculty, research and relationships with the main financial institutions, it should be regarded as one of the very best finance schools."
Clearly, it's not possible to rely on a single ranking when estimating a School. With so much disparity in the results, they are becoming less relevant for students and for recruiters but it does not mean that they should be dismissed. In any case, nothing replaces talking to current students when applying to a program since it will give you information directly from the source. Or as the article from The Economist mentions:
"The listings, and the information that they distil, can help a student with that choice. There are plenty of things, however, that they cannot convey. None of the EIU's criteria, for instance, captures the distinctive culture of IESE. The institution is run by Opus Dei, a controversial Catholic order founded in the last century, and its professor of business ethics is a Roman Catholic priest."
In my opinion, an in no particular order, the top 4 MBAs in Europe are INSEAD, IMD, IESE and the London Business School.
posted by k at 9:05 AM
0 Comments:
Post a Comment
<< Home