Rankings and GMAT vs Earnings

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Business School Rankings and GMAT vs Earnings

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Category:

Education

Tags:

• GMAT
• Business Schools
• Business School Rankings

[ponggr]

Correlation vs Causation error ;)

[ponggr]

INSEAD and LBS networks are VERY international (not only people from France or England) whereas US Schools are mostly American people.

[papan1990]

Its Hose....not Jose...

[sweeeedishfish]

3) Last point... Your final comment was about how GMAT scores correlate with starting salaries. That's true when you look at averages. But to say that a person will get get $3000 more in starting salary for every 10 points higher he scores on his GMAT is absurd. If you get into Wharton with a 600 GMAT, are you saying the person should retake the test to get a higher GMAT and therefore a higher salary?

[sweeeedishfish]

2. In the same way you say FT and Economist are biased toward European programs, you are very clearly biased toward American programs. You say building a network in the US is more valuable. But, if you're aim is to work in Europe or Asia, obviously building a network in those networks would be more valuable to you.

[sweeeedishfish]

This video was somewhat helpful in providing information about the value of different rankings.

However there were a few things I disagree with:

1.) You say the Financial Times and Economist give too many points to European programs. But US News does not look at European schools at all. And BusinessWeek ranks Non-US schools seperately. So, I would argue that US News and Businessweek give *too little* weight to Non-US programs. At least FT and Economist attempt to compare all MBA programs.