Wharton | Mr. Aspiring Leader
GMAT 750, GPA 3.38
Darden | Mr. Corporate Dev
GMAT Waived, GPA 3.8
Kellogg | Mr. Equity To IB
GMAT 730, GPA 3.6
Cornell Johnson | Mr. SAP SD Analyst
GMAT 660, GPA 3.60
Kellogg | Ms. Public School Teacher
GRE 325, GPA 3.93
Duke Fuqua | Mr. Military MedTech
GRE 310, GPA 3.48
Stanford GSB | Mr. Latino Healthcare
GRE 310, GPA 3.4
Berkeley Haas | Mr. Army Officer
GRE 325, GPA 3.9
INSEAD | Mr. Future In FANG
GMAT 650, GPA 3.5
Cornell Johnson | Mr. Advisory Consultant
GRE 330, GPA 2.25
INSEAD | Mr. Marketing Master
GRE 316, GPA 3.8
Darden | Ms. Marketing Analyst
GMAT 710, GPA 3.75
Harvard | Mr. Hedge Fund
GMAT 740, GPA 3.8
Stanford GSB | Mr. Deferred MBA
GMAT 760, GPA 3.82
Stanford GSB | Mr. Robotics
GMAT 730, GPA 2.9
Stanford GSB | Ms. Artistic Engineer
GMAT 730, GPA 9.49/10
Yale | Mr. Army Pilot
GMAT 650, GPA 2.90
Kellogg | Mr. Double Whammy
GMAT 730, GPA 7.1/10
INSEAD | Mr. Tesla Manager
GMAT 720, GPA 3.7
Darden | Mr. Tech To MBB
GMAT 710, GPA 2.4
INSEAD | Ms. Investment Officer
GMAT Not taken, GPA 16/20 (French scale)
McCombs School of Business | Mr. Startup Of You
GMAT 770, GPA 2.4
Kellogg | Mr. Hopeful Admit
GMAT Waived, GPA 4.0
UCLA Anderson | Mr. International PM
GMAT 730, GPA 2.3
Harvard | Mr. Policy Development
GMAT 740, GPA Top 30%
Ross | Mr. Brazilian Sales Guy
GRE 326, GPA 77/100 (USA Avg. 3.0)
INSEAD | Mr. INSEAD Hopeful
GMAT -, GPA 2.9

Many Top Schools Absent From Aspen Ranking

Stanford University’s Graduate School of Business jumped back into first place today (Sept. 21) in the Aspen Institute’s Beyond Grey Pinstripes ranking. The last time the Institute did its biennial survey in 2009 was fourth.

The self-styled “alternative ranking” attempts to measure the “social, environmental and ethical impacts” of business school MBA programs. This is the second of three different MBA rankings coming out this week alone, testament to the fact that the obsession over rankings has gotten out of control. Yesterday, Princeton Review and Entrepreneur magazine released its ranking of the best entrepreneurial programs. The Economist’s annual global MBA ranking will be published shortly in October.

Conspicuously absent from the Aspen’s ranking of the top 100 schools is Harvard Business School, largely considered the best business school in the world. Aspen offers no explanation for Harvard’s absence. That is especially odd because HBS now has a dean whose reputation has been partly made on ethics and the social responsibilities of business.

HARVARD AND CHICAGO DECLINE TO PARTICIPATE IN RANKING

HBS was not the only top school to be dissed by Aspen. Chicago Booth, MIT Sloan, Dartmouth Tuck, and Duke Fuqua also failed to place in the top 100. None of these top flight MBA institutions are listed among the “participating schools.” Duke, ranked 16th two years ago by Aspen, and Tuck, ranked 44th in the last survey, are among the latest to drop out. The decision not to hand over reams of information to the Aspen Institute team is understandable because there are so many demands by groups ranking MBA programs that many schools are overwhelmed by requests.

The Aspen list, moreover, is a ranking with a sharp ideological axe to grind. Judith Samuelson, executive director of the Aspen’s Business and Society Program, for example, noted there is still work to be done to address the belief among some business educators that the sole role that business should play in society is to maximize profits – as measured by today’s stock price.

‘WE WANT TO EXPOSE MORE FAULT LINES INSIDE BUSINESS SCHOOLS,’ SAYS ASPEN

“Looking forward,” she said in a statement, “we want to expose more fault lines inside business schools that are teaching courses on sustainability on the one hand but teaching about short term metrics and profit maximization on the other, as if we have several planets to burn and not just one.”

Wharton, always among the top three to five business schools in the world, is given a rank of 36 by Aspen. The highly regarded and prestigious University of Virginia’s  Darden School is ranked 54th. Why? Because Aspen researchers believe that student exposure to social and ethical issues at Wharton and Darden put the schools in 107th and 108th places, respectively.

There are many more anomalies here, especially when you dig more deeply into the Aspen Institute’s findings. Such peculiar results undermine the survey’s credibility and diminish its influence. Nonetheless, the group devotes a substantial amount of effort to the project and it does attract considerable attention every other year. Aspen said its project team spent seven months analyzing business school courses and faculty research to crank out its highly subjective ranking.

YORK, IE BUSINESS SCHOOL, NOTRE DAME, AND YALE ROUND OUT TOP FIVE

On Aspen’s 2011 list, Stanford was followed by No. 2 York University’s Schulich School of Business in Canada, No. 3 IE University in Spain, No. 4 Notre Dame’s Mendoza College of Business, and No. 5. Yale’s School of Management.

Five U.S. schools rounded out the top ten in the Aspen survey which ranks 100 global schools in all: No. 6 Northwestern’s Kellogg School of Management, No. 7 the University of Michigan’s Ross School of Business, No. 8 Cornell University’s Johnson Graduate School of Management, No. 9 the University of North Carolina’s Kenan-Flagler Business School, and No. 10 UC Berkeley’s Haas School of Business.

Stanford has long been a strong performer in many of Aspen’s previous surveys, ranking first in 2005 and 2007. Aspen Institute said  Stanford received high marks for the number of courses with social and environmental content it offers students as well as courses that explicitly address the role of mainstream business in improving social and environmental conditions. It also ranked high in creating an environment in which faculty feel free to explore social and environmental topics in their research.

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.