You are trying to compare your undergrad business school to a phantom as if the business Minor at Vanderbilt is taught by some other phantom department, when that’s not the case at all. It is a real business school. It is the Vandy graduate school you must compare to.
Towards the end of her sophomore fall semester, my eldest was asked by one of her Vanderbilt Owen Graduate School of Management professor’s if she would be his Teaching Assistant for the same course in the spring semester. She loved to learn from the MBA professor and be his TA and so does her resume.
Vanderbilt’s business Minor is run by and taught by Vanderbilt’s Owen Graduate School of Management.
So, the MBA rankings do matter.
You can choose whether you want to compare Owen to your undergrad CSOM or your grad CSOM.
If you knew that about Owen running and teaching the undergrads, then what you are really saying is “Vandy’s Owen Graduate School of Management is not the same caliber as CSOM’s undergrad B-School”, because those are the correct departments directing and teaching each school’s business Minors. Good luck with that. Perhaps, this is the most correct comparison for the Minor.
If you want to say well of course the Owen Graduate school is better than our undergraduate school, but CSOM’s undergrad is a direct link to CSOM’s graduate school.
Okay, now you are back to my original point and my tables that I correctly sent on graduate business school rankings, where Vandy is clearly at least of the same caliber as CSOM.
Similarly, you can’t say “Northwestern’s business school is not the same caliber as CSOM.”
Use the term “at least” rather than “not”.
To your other point:
Most of Vanderbilt’s US News Top 20 Academic National Universities brethren (Stanford, Chicago, Duke, Harvard, Yale, Princeton, Dartmouth, Northwestern, etc…) and the elite LACs (Williams, Amherst, Pomona, etc…), do not have an undergraduate business school, nor do they offer a business Major.
Every one of these elite colleges could open an undergraduate business school if they desired, but none believe business should be offered as an undergrad Major, though some offer Minors. If elite universities decide to open an undergrad business school, it would not take them long to move up the ranks of undergrad business rankings.
The vast majority of MBA students at the very elite MBA programs were STEM, Humanities or Economics Majors at their undergraduate college. Undergrad business majors are always less than half of the student body at those elite MBA programs, which shows you how these elite business schools think.