Of the top ten most viewed stories this year, five of them are purely rankings articles. The 2017 U.S. News rankings of business schools is the first of the five. Published each year, the U.S. News ranking is often one of the most cited when it comes to undergraduate education. However, the ranking methodology is comprised of a single metric: a survey sent to deans and senior faculty at hundreds of U.S. universities. The survey asks respondents to rank other schools on a one-to-five scale. The results are then averaged and compiled into a ranking, which makes this annual list little more than a popularity contest or beauty pageant.
The ranking’s methodology leads to a lot of ties. Nevertheless, Wharton topped the 2017 list (and 2018’s list). MIT’s Sloan School of Management was second, with UC-Berkeley and Michigan tied for third, and NYU Stern and UT-Austin locked in a tie for fifth place. See the entire ranking at the link above.
Despite a surge in popularity of consulting and tech firms, finance still rules at many of the elite undergraduate business schools. Which schools are currently pouring the most students into finance? We mined Wall Street Oasis user data to update an earlier article to answer that question. Our story was based on more than 2,200 college graduates currently working at such top ten bulge bracket firms as Goldman Sachs, JPMorgan, Wells Fargo, and others. The school with the most? New York University, with 87 graduates into those firms.
NYU was followed by Harvard with 71. A total of more than 440 colleges were included on the list. Rounding out the top five were Cornell, the University of Pennsylvania, and Columbia University. The top five suggest two things help in landing a top position in investment banking: prestige and geography of school. Ivy Leagues make up the majority of the top five and all are in the Northeast, with three in New York. However, six elite public schools take the next seven spots on the list and are located across the country. Check out the link above to see how your school or target school fairs.
Two years after our first ranking of undergraduate business schools was published, our debut ranking was still one of the most read articles of 2018. Rankings can be a pain for schools, requiring large amounts of time and energy to complete surveys. It rankles some administrators that no ranking is perfect and should never be the sole reason why an applicant should select one program over another. But they can provide some insights to help parents and their college-bound children narrow — or broaden — a college search. The P&Q ranking, in particular, is based purely on hard data and provides a vast array of valuable information for college applicants to pick through.
In our first ranking, 50 schools were included. Of those, Washington University in St. Louis Olin Business School topped the list. Washington University was followed by the University of Notre Dame’s Mendoza College of Business and the University of Pennsylvania’s Wharton School. Georgetown University’s McDonough School of Business and the University of California-Berkeley’s Haas School of Business rounded out the top five.
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