Business Week Online Rankings

<p>A few observation on yesterday’s rankings:</p>

<p>1) I will start by saying that, for the most part, I think it is more accurate than the USNWR. and that’s coming from a Wolverine (the USNWR ranks Michigan higher than BW). Admittedly, I thought Notre Dame at #3, Emory at #5, BYU at #8, Miami at #17 and Villanova at #19 were a little too high. Furthermore, CMU at #16 and Cal at #12 were a little low. Otherswise, I really liked the rankings.</p>

<p>2) The SAT means they use, for the most part (STern being the notable exception), were those of the entire university, not those of the Business schools. It would be more appropriate if they used the Business schools’ means rather than those of the entire university. </p>

<p>3) They do not have a corporate poll. I think a corporate poll is vital to a Business school ranking.</p>

<p>4) The academic rankings seem to be fixated on student sentiment and instructional quality, not on curriculae and faculty quality. </p>

<p>5) Finally, the facilities ratings seem a little off.</p>

<p>But overall, I must say this is an excellent debut for the BW undergraduate rankings. They will iron out a lot of their inaccuracies next edition. Hopefully, they will make it an annual, not a once-every-two-years publication like the MBA rankings.</p>

<p>“BW could be wrong, USNEWS could be wrong. What you can’t disagree is: this BW ranking will have a big influence on the next edition of USNEWS ranking”</p>

<p>I dont know about that, however i feel that this will certainly lead to the universities whose rankings improved greatly receiving larger volumes of applications.</p>

<p>Three years ago i think NYU admitted 67% of applicants, now its 29%.</p>

<p>I must admit however, that while some universities’ rankings barely changed between Us news and bw, others changed greatly, and i am confused as both cant be correct.</p>

<p>Your information is erroneous. I don’t know the exact statistics. But, Stern admitted FAR fewer than 67% of its applicants three years ago. This year, it admitted about 20%. Furthermore, I wouldn’t just attribute Stern’s success to its ranking in US News and World Report. Two to three years ago, the undergraduate dean of Stern changed. The new dean has instituted new programs that could affect the quality of the school and the way it is perceived. </p>

<p>Furthermore, I think that it is important to not spend too much time thinking about rankings. Yes, rankings can provide you with information about schools. However, they are not the be all, end all. Rankings don’t tell you where you will thrive as a student, or where you will find the best programs for your needs.</p>

<p>but what about virginia at no.2… i found it a huge surprise since i always felt it was too be in the secind tier with schools like USC and UNC… but here its being compared to Wharton and is actually ranked higher than MIT and Michigan!! any explanations ?</p>

<p>I think Mcintire is better than Marshall or Kenan Flagler. It is as good as Haas and Stern for sure.</p>

<p>As long as Penn is #1 you can choose either ranking!</p>

<p>“I think Mcintire is better than Marshall or Kenan Flagler. It is as good as Haas and Stern for sure.” Alexandre why do you always leave out Ross when you are making comparisons? I don’t see Ross as being in a league of its own. If Mcintire is comparable to Stern and Haas, it should be comparable to Ross also. I would say Haas, Stern and Ross are pretty much at the same level.</p>

<p>I admit I would go to Tepper, Berk, and Cornell over IU.</p>

<p>“3) They do not have a corporate poll. I think a corporate poll is vital to a Business school ranking.”</p>

<p>Alexandre, 20 or 30% (cant remember the exact percentage) of the BW ranking is Corporate opinions. BW surveyed TWO THOUSAND corporate recruiters.</p>

<p>i suggest everyone should understand the methodology first.</p>

<hr>

<p>McIntire had always been in top 5 in USNews undergrad business ranking, until 2-3 years ago, it began to decline, for reasons unknown. Its placement is amazing, and the best part of the comm school is the innovative way of teaching (ICE). Students are assigned to blocks and focus on a certain company, usually one of McIntire’s sponsors. It’s extremely practical, you apply what you learn immediately. When students give presentations, the actual CEOs of Rolls Royce/P&G are in the audience.</p>

<hr>

<p>i personally think you can’t judge these schools by numbers (1,2,3,4), what rankings give is a division of leagues. for example, Wharton is in the top league, the next 12-15 schools are in the second league, the next 20-25 schools are in the third league. </p>

<p>when you have a hard time deciding which school to go to out of 2 schools in the same league (UVA and Michigan for example, or Georgetown and Stern), your decision should be based on fit and financial situation.</p>

<p>“I admit I would go to Tepper, Berk, and Cornell over IU.”</p>

<p>It would depend on the costs for me. But it would be close.</p>

<p>ceteris paribus.</p>

<p>Well stated, Untilted.</p>

<p>“ceteris paribus.”</p>

<p>Well then maybe.</p>

<p>people in College Search & Selection forum are discrediting this ranking unreasonably.</p>

<p>I agree with untitled on the rankings determining the leagues certain schools are in. I think everyone should try and get into the best “league” they can by using these rankings and then once your their go with the best fit and prospective to grow personally</p>

<p>I was just checking the website and found something very interesting. Internship average weekly pay for Olin school and Wash U is 2340/- per week, whereas NYU intership weekly pay is 1240/-. How is that possible. I would be sure that the pay at Stern wuld be higher just because it is NY and cost of living and all that…</p>

<p>Just curious. You can check under careers and interships heading of the particular school details</p>

<p>I obviously have no problem with McIntire, Stern and Haas being at the same level as Ross. If you look at the content of my posts, I said that Cal should be ranked better than #12 and that McIntire and Stern are fairly ranked. So clearly, I do not think Ross is in a different league. This said, I do think that Ross is slightly better than McIntire, Haas and Stern, but only because it is more complete and well rounded.</p>

<p>"Your information is erroneous. I don’t know the exact statistics. But, Stern admitted FAR fewer than 67% of its applicants three years ago. This year, it admitted about 20%. Furthermore, I wouldn’t just attribute Stern’s success to its ranking in US News and World Report. Two to three years ago, the undergraduate dean of Stern changed. The new dean has instituted new programs that could affect the quality of the school and the way it is perceived. </p>

<p>Furthermore, I think that it is important to not spend too much time thinking about rankings. Yes, rankings can provide you with information about schools. However, they are not the be all, end all. Rankings don’t tell you where you will thrive as a student, or where you will find the best programs for your needs."</p>

<p>1- i’m not here to argue, i’m here to discuss this very point (rankings), so i’ll start with you saying that i shouldnt spend too much time thinking of rankings. You are partially right, however dont forget that they are many high school seniors (like myself) wish to know
a) Which schools are good
b) Which schools employers love
Frankly i’m confused, the differences i saw between us news and business week were large.</p>

<p>2- As for my statistics, i hate to be a kill joy, but :wink:
I got them off the website, however i couldnt find reference to the 67% and had to refer to wikipedia
Class of 2009 at a Glance </p>

<p>Admissions Statistics
Number of Applications: 33,721
Percent Offered Admission: 29.7% </p>

<p>“NYU has seen a continuing trend of increasingly greater numbers of applicants, lower acceptance rates, and higher average SAT scores for freshmen. In 2000, applications to NYU increased by more than 300 percent from 1991, while the acceptance rate declined from 65 percent to 29.3 percent[5]. As of 2005, the undergraduate acceptance rate was 29 percent. For the last 2 years, NYU was ranked by the Princeton Review as America’s #1 “dream school” (first choice when factors such as the price and the school’s selectivity are not considered) among high school seniors[6]. NYU has the largest undergraduate applicant pool of all private universities in the U.S. NYU is among the top 20 for all universities in the number of national merit scholars in the undergraduate student body.”</p>

<p>Either way, as i indicated, my point was to:
1- Show admission to universities is becoming increasingly competetive
2- Ask all the members of this forum, especially those who said ignore us news and business week, how we are to determine the excellent business schools.</p>

<p>Hannibal</p>

<p>BYU, Emory, Notre Dame do not belong in top 10. </p>

<p>Berkeley + Tepper belong in the top 10. </p>

<p>UVA might be slightly high. It’s not really that hard to get into…pretty easy actually, compared to Berkeley/Tepper/Stern/Ross.</p>

<p>Alexandre,</p>

<p>I don’t really care where the 4 schools rank compared to each other. Ross, Haas, Stern & McIntire are definitely in the same league. But how can you say that Ross is more well-rounded and complete when even the students themselves don’t feel that way? Ross students didn’t even rank the program very highly putting it at 31. Furthermore, 3 of the student comments about Ross had the following to say?</p>

<p>“If you’re not looking to go into investment banking, consulting, or marketing, you better look off campus. Those are the only companies that the school brings in.</p>

<p>The business school seems to have stopped caring about student concerns and instead is just wrapped up in improving our ranking. Administrative services are also inefficient and often inaccurate.</p>

<p>Our school tends to focus a little too much on investment banking internships.”</p>

<p>I know that Michigan is a top-notch school, but if you’re going to say that it is “more this or that”, please qualify why you think that way. Otherwise, you just come off as a UMich alum trying to up your school.</p>

<p>Since we’re voluntarily in the business of helping high schoolers decide which school would be right for them. I feel we shouldn’t misinform them.</p>