Abstract
PurposeThis paper sets out to examine the affect of rankings on business schools from the perspective of a business school director.Design/methodology/approachThe paper critiques the methodologies of ranking systems, their statistical validity, the factors used, and the weightings given to them.FindingsRankings are significant drivers of a school's reputation. Good performance can double inquiries and applications and allow schools to charge prestige premiums. Financial Times top decile MBA programmes charge, on average, just below $80,000 for an MBA. Bottom decile schools charge only $37,000.Originality/valueThis paper finds that it is impossible to challenge the criteria set out by a variety of rankings organisations and it is ill‐advised to boycott rankings. Schools are advised to consider which criteria reflect areas needing improvement and to continue “playing the game”.
Subject
Business, Management and Accounting (miscellaneous),Organizational Behavior and Human Resource Management,Business, Management and Accounting (miscellaneous),Organizational Behavior and Human Resource Management
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