The Best B-Schools For Great Jobs

Blast from the Past:

The Economist’s MBA Ranking Guru

It isn’t easy being the person who compiles business school rankings. Few know what a thankless task it is to compile survey data from hundreds of schools. Sure enough, readers will howl if their alma mater isn’t among the top five (or drops below a hated rival). They’ll compare your rankings to all your competitors–and pick away at any little inconsistency. If you had to gauge the popularity of those select journalists who churn out rankings, they’d probably lag behind lawyers, IRS agents, and basketball referees.

Let’s face it: A degree’s value rises and falls with a ranking. There is a lot of pressure – and little room for error. Even when they get it right, the general public still calls for their jobs. So what does it take to oversee a business school ranking?

In 2012, Poets&Quants Editor-in-Chief John Byrne sat down with William Ridgers, who has overseen MBA rankings for The Economist since 2002. What is his background? How are The Economist’s rankings different from others? And how does Ridgers respond to criticism directed at his rankings? Click on the link below to find out.

Source: Poets&Quants

Video of the Week

Getting the Last 50 Points On The GMAT

Source: MBA Podcaster

One Liners:

MBA Student Misses Crashed Malaysian Flight

Source: Astroawani.com

Columbia Prof Shows Pros How To Improve Golf Game

Source: Columbia Spectator

Cal-Irvine Hires Dean

Source: Orange County Business Journal

Why I Left the U.S. To Earn My MBA At Oxford

Source: Bloomberg Businessweek

U.S. Business School Teaches 100,000 Female Entrepreneurs

Source: Financial Times

Got Arrested? Better Put It On Your B-School Application

Source: Bloomberg Businessweek

Harvard Gives $5K To 11 Student Startups

Source: Bostinno

How Students Choose A Business School

Source: Forbes

MBA Humor

Reaching the end of a job interview, the human resources officer asks a young engineer fresh out of the Massachusetts Institute of Technology, “And what starting salary are you looking for?”

The engineer replies, “In the region of $125,000 a year, depending on the benefits package.” The interviewer inquires, “Well, what would you say to a package of five weeks vacation, 14 paid holidays, full medical and dental, company matching retirement fund to 50% of salary, and a company car leased every two years, say, a red Corvette?”

The engineer sits up straight and says, “Wow! Are you kidding?” The interviewer replies, “Yeah, but you started it.”

Source: Laugh Factory

Sam walks into his boss’s office. “Sir, I’ll be straight with you, I know the economy isn’t great, but I have over three companies after me, and I would like to respectfully ask for a raise.” After a few minutes of haggling the boss finally agrees to a 5% raise, and Sam happily gets up to leave.

“By the way”, asks the boss as Sam is getting up, “which three companies are after you?” “The electric company, water company, and phone company,” Sam replied.

Source: Great Clean Jokes

Tweet of the Week:

nidhi t ‏@ntnyc  4h

Agree with @garyvee – if you paid a lot of money on business school for the network, you’re not a good business person. #SXSW14