Thursday, September 29, 2005

Economist Intelligence Unit (EIU) rankings

The Economist Intelligence Unit (EIU) (a partner to The Economist) has released the Business School Rankings for the year 2005.

Surprisingly, a non American MBA Program IESE Business School at the University of Navarra in Spain, is No. 1.

The top five on the EIU list were rounded out by the Kellogg School of Management at Northwestern University, Tuck School of Business at Dartmouth College, Stanford Graduate School of Business and the International Institute for Management Development (IMD) in Switzerland.

The rankings have invoked mixed responses.The two top business schools -- Wharton and Harvard -- have been dropped from the rankings because the schools declined to participate in the information-gathering process.

Incidentally, even the Indian Institute of Management,Ahmedabad (IIMA) has refused to participate in any Indian B school survey.Yet, a few Indian magazines keep ranking it as No 1 in India. Read this for more details. BTW, IIMA has done quite well in these ETU rankings.It stands No 1 in the school that "Open New Opportunities" ! Great.

My personal opinion is that one should not blindly make a decision based on the rankings. The rankings, are if nothing else,a good starting point.Once you get the information, you should create "rankings relative to you".The "Best Fit" school should be your goal.

Whether other schools will follow the Harvard and Wharton lead and decline to participate in future magazine rankings remains to be seen. But for potential B-school students, the situation is likely to give them an early object lesson in competing priorities.

The Full rankings EIu rankings are available here:

Here are the rankings for Queen's university
Criteria Ranking(Out of 100)
Overall rank :71
Open new career opportunities :82
Diversity of recruiters :81
Number in jobs three months after graduation :95
Jobs found through the careers service :61
Student assessment :43
Personal development and educational experience :40
Faculty quality :21
Student quality :21
Student diversity :70
Education experience :52
Increase in salary :100
Post-graduation salary :100
Final salary :99
Potential to network :4
Breadth of alumni network :9
Internationalism of alumni :6
Alumni effectiveness :24


At 1:08 AM, Blogger nancy john said...

An MBA would provide you with a more wholistic approach of business management, whereas you job will be very specific to one particular or related area. So an MBA would make your basics strong.

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