New Study Rates U.S. News Business School Rankings

A recent study found that U.S.passwordhas the most stable caperschool rankings, compared with the Financial clockand Businessweek.

 

Which business school rankings arethe most reliable and valid? According to a scholarly article, it's the U.S. give-and-take& solid groundReport Best Business Schools rankings, published as part of our Best Graduate Schools rankings.

 

 

In the articlein the June 20 edition of the Journal of Marketing Education, "A Psychometric Assessment of the Businessweek, U.S. News & World Report and Financial Times Rankings of Business Schools' MBA Programs," Dawn Iacobucci examines the three major full-time MBA rankings.

This peer-reviewed article joins a rapidly expanding body of academic literature that emergencea scholarly, analytical approach to the study of academic rankings and their impact.

The Vanderbilt University professor favors U.S. News largely because she believes our Best Business Schools rankings have shown greater reliabilityover the years and have greater validity in terms of objectivity.

In an email, Iacobucci wrote, "I would look at U.S. News as a result of this research partly due to objectivity of the measures and components that go into the ranking. It would also be extremely difficult to game U.S. News. The Financial Times is pitched to favor the more(prenominal)international schools, and the Businessweek assimilatorpoll has a good deal of variability to it. You don't demandto see schools slipping up and down and allo'erthe place. If there is that much variance, what good can there by chancebe to the ranking?

"

The study measured whether the salaries earned by MBA graduates were influenced by the rankings by looking at the monetary differences students earned by going to higher-ranked schools in the three different rankings.

U.S. News did significantlybetter on this measure. The analysis found that students who attended business schools that ranked higher in the U.S. News rankings earned largersalaries.

For each higher U.S. News rank, a school's graduates earned $908.03 more in yearly salary, on average, at their first jobs side by side(p)business school for the most recent year of data.

Every absoluteimprovement for a school in the Financial Times rankings translated to, on average, $377.58 more, and in the Businessweek rankings, $605.27 more.

The paper evaluated the consistency and reliability of the overallrankings by looking at how schools' ranks had changed all overtime, starting by looking at all the b-school rankings of each publisher from the metreeach of the three rankings were first published.

The study concluded that "comparingcrosswisemedia, we see that Businessweek varied quite a bit over its first 15 years or so (e.g., the formulaewhitethornhave been changing, school sampling may have undergone changes, etc.), and it has developstable since approximately 2004. On this criterion, we can laud the U.S. News as yielding the most stable results, year to year, yetfrom its inception. The Financial Times results are stable as well."

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Materials taken from US News