Wednesday, 23 February 2011

Business School Ranking

Thing to Know About Business School Rankings
When someone is trying to find a business school, one of the first things they do is search out business school rankings to see which schools are considered to be the best. Rankings are Debatable
The reason for this is simple: every organization that ranks business schools uses different criteria to determine the rankings. A school that is ranked high on one list might not even make the top 20 on another.
If you choose a school based on its placement on a particular list, you might not be choosing the best school, or more importantly, the school that is the best fit for you.
Some Schools Buy Their Rankings
The rankings business schools receive are no accident. In fact, some schools spend obscene amounts of money and time trying to climb the ranks. Unfortunately, these changes don't necessarily make the school any better, just the ranking.
The magazine seeks "authority opinion about program value and statistical indicators that assess the excellence of a school's faculty, academic research, and students." Opinions are gathered from directors, deans, and senior faculty to quantitatively gauge the quality of each respective MBA school; in addition, recruiters for business schools present his or her judgment based on their interaction with graduates. 95% of the 402 business schools responded to the ranking inquiry. The formula used to rank the schools included quality assessment (40%), placement success (35%), and scholar selectivity (25%).
Forbes surveyed a total of 18,500 graduates of 102 MBA programs and used their pre-enrollment and post-graduate business school salary data as a basis for comparing post-MBA compensation with the expense of attending the programs.
The WSJ includesa national list, European list, as well as a regional list of rankings.
The Economist's methodology utilizes 80% of the responses given by schools and 20% of the figures providedby students and graduates to formulate a ranking system. Some attributes included in these surveys areaverage GMAT scores, professor to student ratio, diversity among each class, job position rates from the school's career center, 3 months post-graduation employment rates, salaries before and after the program, and alumni network. The Financial Times polled over 10,000 alumni of 155 MBA schools. Nottingham University Business School (NUBS) offers one of the world class leading MBA programs which are fully accredited by the Association of MBA (AMBA). Different types of MBA programs are offered such as the Financial MBA, General MBA, Executive MBA and International MBA.
University Ranking Information:
NUBS is one of the largest business school in Europe. It is ranked 6th by the 2008 Times Good University Guide (UK).
The school has outstanding record in teaching and research. Ranked as one of the world top 100 MBA programs by the Financial Times global top 100 MBA 2008 and the Economist Intelligence Unit 2007.
The university is ranked 19th in the Guardian University Ranking 2009 and 13th in the Sunday Times University Guide 2008.
It is ranked in the World top 100 universities by the Academic Ranking of World Universities 2007 and THES-QS World University Rankings 2007.


Post a Comment