Duke Fuqua > CFA > Other MBAs

Duke Fuqua is #1 business school based on Bloomberg/Businessweek rankings. Time to sharpen those hacksaws.

http://www.businessweek.com/articles/2014-11-11/best-business-schools-2014-the-complete-rankings-table

  1. Duke (Fuqua) Is this pronounced how I think it is?

  2. UPenn

  3. Chicago

  4. Stanford

  5. Columbia

It is pronounced Foo-Kway

No no, it’s pronounced Da-Fuq , as in Wat-Da-Fuq

Harvard not in the top 5? Chicago above Stanford? Try to be serious here.

After they allowed a student group to host a satanic black mass, in a predominantly Catholic part of the country, their cred has been slipping steadily.

The methodology is here:

http://www.businessweek.com/articles/2014-11-10/best-business-schools-2014-methodology-for-ranking-schools

45% is student satisfaction survey.

45% is employer satisfaction survey.

10% is “Intellectual Property” survey, which means a survey of what journals published research from these schools. Given the low weight, I assume the other two categories are more important.

So, the top ranked schools either have the proudest students, or the employers with lowest expectations relative to the school.

Edit: It makes sense, therefore, that Harvard is not in the top 5. Have you ever met a Harvard graduate who was not miserable there? (of course, they might just say that to avoid being pretentious).

Simply out of curiosity if one had to do a global ranking where would you put schools like INSEAD and HKUST?

Top 5 behind Harvard, Booth and Stanford or top 10 behind Colombia etc?

Do people who went to Duke or Wharton get to glue it back on?

I mean let’s be honest though, no one chooses Fuqua (or Booth) over Harvard, Stanford or Wharton. I’m not really into the whole credentialist snob thing (all these schools are vastly overrated) but two things:

  1. Fuqua is not even close, stfu

  2. Booth sucks and is clearly by far the worst of the m7

hmmm yeah you’re right for the most part, but regional ties and money (scholarships) come into play here too

http://rankings.ft.com/businessschoolrankings/global-mba-ranking-2014

definitely wouldn’t go to HBS now. These rankings are biased at best.

Why does Booth suck?

A few quick co0mments:

  1. a quick look at the component rankings seems to show that employer rankings are pretty highly correlated with overall ranking (just sort on employer ranking).

  2. Student rankings seem to be all over the board, and doesn’t seem to match up well with overall rankings (do a similar sort).

  3. The intellectual capital rankings seem to be driven largely by non-finance faculty. Of the top ten in that ranking, quite a few are not exactly finance powerhouses. They’re solid, but nothing great.

Oh, and I finally cracked 1,000 points on AF.

Thank you.

Oxford - Said is surprisingly low on the list.

Booth is very efficient marketish due to the cultural legacy of the senior people there and it skews the curriculum. As a result, all of the people who come out of Booth that I have personally met and interviewed are unsuitable for hiring. It’s just my bias, plenty of people from Booth end up in good jobs. But definitely Booth is less well received than HSW, no question there. Who cares though, they’re all overrated.

anyone who chooses Duke DaFuq over HBS is auto-hacksaw right there.

On one hand I love Booth for their ties to some of the great libertarian economists of all time. On the other, they’re responsible for the people that run DFA, which I can’t stand. My hatred aside, DFA has raised about $250B in the last three years so their (not so) little cult is doing something right. Still think they’re going to blow up though.

I imagine that what really distinguishes the top 2 or 3 schools is the presence of top 0.0001% people. Assume that these guys can go to whatever school they want, since they are just genius, royalty, extraordinarily well hung, or special in some other way. Even among the top 7 or 10 schools, there would be a huge bias for these people to focus in a small handful of the most distinguished programs.

80% of people who go to the top 2 or 3 schools are there partly due to luck. If you roll the dice again, they might go somewhere that is slightly less prestigious but still very good. Yield at the top schools is very high - the implication is that, on average, admits of these schools only got into one school of similar prestige. However, once these comparatively normal people are enrolled, they are exposed to the super people who cast a halo on everything.