In a prior post, we looked at changes in Business Week’s rankings of MBA program in the 10-year period from from 2000 to 2010.
The key observations:
- 13 MBA programs (e.g. HBS, Wharton, Kellogg) held their top 30 positions – plus or minus a spot or two – between 2000 and 2010
- 6 MBA programs were in the 2000 Top 30 and improved their position by 6 or more spots between 2000 and 2010
- University of Chicago jumped 9 spots to take over the #1 ranking
- 6 MBA programs that weren’t in the Top 30 in 2000 broke into the 2010 Top 10
- 5 MBA programs dropped a whopping 15 places or more from 2000 to 2010 (more on that later, too)
- Another 6 MBA programs dropped 5 spots or between 2000 to 2010
Also in a prior post, we observed that among the 6 MBA programs that weren’t in the Top 30 in 2000 and broke into the 2010 Top 10, SMU is the shining star.
SMU came out of nowhere – unranked as late as 2006 – and soared to #12 in 2010.
They did it with A+ Teaching and A+ Career Services … that earned them a #6 ranking with Corporate Recruiters and a #12 ranking overall.overall.
While SMU’s formula reflects mucho common sense, it’s not exactly conventional approach.
More often, MBA programs try to boost their rankings through intensified faculty research.
The logic: publish in academic journals, get recognized as thought-leaders, attract better students and recruiting companies … and a virtuous cycle becomes unstoppable. Makes dense.
Our neighbor, the University of Maryland’s Smith School of Business tried that approach … with some disappointing results.
In 2000, Maryland was at #27.
Given its relatively low #33 rating in Intellectual Capital, Maryland turned up the research jets.
Successful?
Well, Maryland’s ranking in Intellectual Capital skyrocketed to #2 … trailing only Duke – a perennial research giant.
What happened to it’s overall ranking?
Maryland dropped 15 spots … out of the Top 30 … to #42.
Ouch.
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Source: Business Week – 2000 & 2010 MBA Rankings
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BTW: The #3 program in Intellectual Capital is Wake Forest.
Its overall rank?
According to Business Week … #47.
Tags: MBA Rankings
April 24, 2012 at 3:40 am |
The University of Chicago was ranked first in the 2007 ranking of top 100 full-time MBA programs by The Economist:http://goodmbaguide.com/mba-rankings-2007/