Bloomberg (Business Week) changed the way it compiles its MBA rankings “with a sharper focus on what people most hope to get after business school.”
Specifically, BW beefed up its emphasis on alumni feedback to calibrate how they’re doing, what they’re earning and how happy they’re feeling.
And, BW says “Older elements of our ranking, including a tally of faculty research, have been scrapped because they don’t get at our fundamental question: How well does this business school channel its graduates into good jobs?”
Here is the revised list of metrics for scoring MBA programs.
- Employer Survey (35 percent of total score): recruiter feedback on the skills they look for in MBAs, and which programs best equip their students with those skills
- Alumni Survey (30 percent): feedback from the classes of 2007, 2008, and 2009 on how their MBAs have affected their careers, their compensation change over time, and their midcareer job satisfaction
- Student Survey (15 percent): the class of 2015’s take on academics, career services, campus climate, and more
- Job Placement Rate (10 percent): the most recent data on how many MBAs seeking full-time jobs get them within three months of graduation
- Starting Salary (10 percent): most recent data on how much MBAs make in their first jobs after graduation, adjusted for industry and regional variation
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Here are the 2015 rankings …
The Homa Files 