Business Week: 2015 MBA Rankings … new process, new results.

Bloomberg (Business Week) changed the way it compiles its MBA rankings “with a sharper focus on what people most hope to get after business school.”

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Specifically, BW beefed up its emphasis on alumni feedback to calibrate how they’re doing,  what they’re earning and how happy they’re feeling.

And, BW says “Older elements of our ranking, including a tally of faculty research, have been scrapped because they don’t get at our fundamental question: How well does this business school channel its graduates into good jobs?”

Here is the revised list of metrics for scoring MBA programs.

  • Employer Survey (35 percent of total score):  recruiter feedback on the skills they look for in MBAs, and which programs best equip their students with those skills
  • Alumni Survey (30 percent):  feedback from the classes of 2007, 2008, and 2009 on how their MBAs have affected their careers, their compensation change over time, and their midcareer job satisfaction
  • Student Survey (15 percent):  the class of 2015’s take on academics, career services, campus climate, and more
  • Job Placement Rate (10 percent):  the most recent data on how many MBAs seeking full-time jobs get them within three months of graduation
  • Starting Salary (10 percent):  most recent data on how much MBAs make in their first jobs after graduation, adjusted for industry and regional variation

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Here are the 2015 rankings …

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The usual suspects are still at the top of the heap …

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Georgetown slipped a couple of slots under the new scoring methodology

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One Response to “Business Week: 2015 MBA Rankings … new process, new results.”

  1. ST Says:

    There is some fascinating data in this survey and, ironically, it seems that nothing has really changed since the early 2000s when I earned my MBA at Georgetown. Of the five areas surveyed, the School does fairly well in employer, alumni, and salary ranking. The School falters somewhat on the student survey (although I would argue the facility and curriculum are world class, a component of that survey is career services), and falls into the abyss on job placement (of which career services is obviously an important component). Interestingly, the part-time MBA program jumped 34 spots from number 38 to 4th best MBA program in the US; obviously these students are already employed and don’t need career services. I’m starting to see a pattern here.

    Now that elements such as faculty published research are no longer components, something that hamstrung Georgetown in the past because of a lack of PhD program, there is a significant opportunity for the School to enhance its rankings and thereby attract more student applications and increase the scope of employers seeking new talent for their companies. There is also a real chance here for McDonough to break into the top 15 if we can get our placement/career services office to be world class; based on the survey, employers like our graduates, alumni feel that it was time well spent, and the return on investment is viewed as worthwhile based on the salary survey. It looks like Dr. Thomas has a real opportunity here.

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