Things to Realize About Business School Rankings
April 23, 2010 | In: Business
When somebody is seeking to choose a business school, one of the first things they do is research business school rankings to see which schools are believed to be the foremost. Before doing so, here are a few home truths regarding school ranking.
Rankings are doubtful. With so many rankings around, you’ll notice that the results are not always in agreement. The reason for this is simple: every organisation that ranks business schools uses different criteria to decide the rankings. There are cases when a school may rank superior on one listing but may not even be admitted in the top 20 on another list. If you select a school based on its position on a specific listing, you might not be choosing the best school, or more significantly, the school that is the best fit for you.
In some instances, cash is involved. Business schools work towards gaining a high ranking. Huge amounts of cash advance are being spent in order to ensure their places in the ranking. Since the criteria for judging is published, schools make haste to abide in order to get high marks. Sadly, the effect is reflected only in the ranking and not the school operation itself.
Your judgment is what really counts. Finding out what other people believe about the business schools you are interested in applying to is a good idea, but you will be much better off making your own list of top business schools. Ultimately, your view is the one which will count.
