Tag Archives: Kellogg School of Management

Harvard Business School Crowned No. 1 By Poets & Quants

Poets & Quants released its 2015 MBA ranking this week, and Harvard Business School has reclaimed the title of world’s best business school after rebounding from second place last year. HBS has landed the top …

Poets & Quants released its 2015 MBA ranking this week, and Harvard Business School has reclaimed the title of world’s best business school after rebounding from second place last year. HBS has landed the top spot for five of the six years P&Q has published its composite ranking.

The school will continue to have a huge head start in maintaining that lead given its $3 billion endowment, which is three times the size of Stanford Graduate School of Business, its nearest competitor, notes P&Q editor John A. Byrne in Fortune. HBS has already raised more than $860 million toward the school’s $1 billion capital campaign, which still has three years remaining.

No rival beats Harvard in the formidable resources it brings to the game: more superstar professors than any other school, the diversity of its course offerings, the stellar quality of its students, the size and scope of its campus, and the career achievements of its alumni spread all over the world,” writes Byrnes.

Top Ten U.S. MBA Programs

  1. Harvard Business School
  2. Stanford Graduate School of Business
  3. Chicago Booth School of Business
  4. University of Pennsylvania’s Wharton School
  5. Northwestern’s Kellogg School of Management
  6. Columbia Business School
  7. MIT Sloan School of Management
  8. UC Berkeley Haas School of Business
  9. Dartmouth’s Tuck School of Business
  10. Yale School of Management

Top Ten International MBA Programs

  1. INSEAD
  2. London Business School
  3. IESE Business School
  4. IE Business School
  5. HEC Paris
  6. IMD
  7. Cambridge Judge Business School
  8. ESADE
  9. SDA Bocconi
  10. Oxford Saïd Business School

According to Poets & Quants, the lineup of the best U.S. MBA programs combines the five most influential rankings but each is weighted separately to reflect P&Q’s view of their authority: U.S. News & World Report is given a weight of 35%, Forbes 25%, Bloomberg Businessweek 15%, The Financial Times 15%, and The Economist receives a weight of 10%.

“The list is far more stable–and reliable–than most rankings published elsewhere, taking into account a massive wealth of quantitative and qualitative data captured in these major lists, from surveys of corporate recruiters, MBA graduates, deans and faculty publication records to median GPA and GMAT scores of entering students as well as the latest salary and employment statistics of alumni,” Byrne explains.

You may also be interested in:

Columbia’s Dean Hubbard on MBA Rankings
Rethinking MBA Rankings

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New Lifelong Learning Options Offered for Kellogg Alumni

As part of Kellogg School of Management‘s Lifelong Learning program for alumni, the school has announced it will offer a suite of five free Organizational Leadership online courses. Offered in partnership with four of Northwestern’s …

Kellogg alumni

As part of Kellogg School of Management‘s Lifelong Learning program for alumni, the school has announced it will offer a suite of five free Organizational Leadership online courses.

Offered in partnership with four of Northwestern’s schools, participants will learn the essential skills to build and motivate teams, design and deliver powerful stories, develop strategies to influence, understand customer analytics and apply innovative approaches to deliver impact.

The first course, High Performance Collaboration: Leadership, Teamwork, and Negotiation, taught by Kellogg School of Management professor Leigh Thompson, will provide participants with the opportunity to learn how to cultivate your own leadership skills and coach others, optimally design a team for success and how to negotiate in a collaborative fashion in large and small business situations.

The full Organizational Leadership specialization features courses taught by faculty across Northwestern University including the following:

  • High Performance Collaboration: Leadership, Teamwork, and Negotiation (Kellogg). Register Now
  • Leadership Communication for Maximum Impact: Storytelling (Medill). Register Now
  • Leadership through Social Influence (School of Communication). Available Mid November 2015
  • Leadership through Marketing (Kellogg).
    Available Mid-January 2016
  • Leadership through Design Innovation (McCormick).
    Available Mid-January 2016

These free courses provide a great opportunity to experience ongoing learning whenever it’s most convenient. This is just the latest example of business schools reaching out online to continue mentoring and investing in their alumni long after graduation.

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Harvard Crowned No. 1 in Bloomberg Businessweek 2015 MBA Ranking

Bloomberg Businessweek has released its 2015 global rankings of best business schools, and Harvard Business School claims the number one spot among 74 full-time U.S. programs. Chicago Booth School of Business is number two, and …

Bloomberg Businessweek has released its 2015 global rankings of best business schools, and Harvard Business School claims the number one spot among 74 full-time U.S. programs. Chicago Booth School of Business is number two, and Northwestern’s Kellogg School of Management is number three. Bloomberg Businessweek‘s top school of 2014, Duke University’s Fuqua School of Business, fell to number eight.

Of 29 international MBA programs, Western University’s Ivey Business School in Ontario, Canada is number one (retaining its top spot in 2014’s ranking), London Business School is number two and INSEAD in Fontainebleau, France is number three.

Among the 74 part-time U.S. MBA programs evaluated, Northwestern’s Kellogg ranks number one, Carnegie Mellon’s Tepper School of Business ranks number two, and Rice University’s Jones Graduate School of Business ranks number three.

Top Ten Full-Time MBA Programs in 2015

  1. Harvard Business School
  2. Chicago Booth School of Business
  3. Kellogg School of Management
  4. MIT Sloan School of Management
  5. UPenn Wharton School
  6. Columbia Business School
  7. Stanford Graduate School of Business
  8. Duke/Fuqua School of Business
  9. UC Berkeley Haas School of Business
  10. Michigan Ross School of Business

For the first time, Bloomberg Businessweek says it has placed a sharper focus on what people most hope to find after business school—career growth and job satisfaction—and how well MBA programs promote both. Businessweek compiled what it calls its deepest and broadest set of data ever from over 13,150 current students, 18,540 alumni, and 1,460 recruiters across 177 business school programs.

According to the news magazine, the rankings are based on five measures:

1. Employer Survey (35 percent of total score): Recruiter feedback on the skills they look for in MBAs, and which programs best equip their students with those skills;

2. Alumni Survey (30 percent of total score): Feedback from the Classes of 2007, 2008, and 2009 on how their MBAs have affected their careers, their compensation change over time, and their mid-career job satisfaction;

3. Student Survey (15 percent of total score): The Class of 2015’s take on academics, career services, campus climate, and more;

4. Job Placement Rate (10 percent of total score): The most recent data on how many MBAs seeking full-time jobs get them within three months of graduation;

5. Starting Salary (10 percent of total score): The most recent data on how much MBAs make in their first jobs after graduation, adjusted for industry and regional variation.

“By refining our focus and updating our methodology, we’ve created the most effective ranking yet for helping career-oriented students choose an MBA program,” says Ellen Pollock, editor, Bloomberg Businessweek.

Not everyone agrees, however, that the updated methodology accurately reflects the standing of the best business schools in the land.

“Changes in methodology…result in vast swings in rankings that have nothing to do with the quality of an MBA program’s experience,” notes Poets & Quants editor John A. Byrne in his analysis of the new rankings. “Even among the truly elite MBA programs, there were double-digit changes which tend to be rare and hardly credible,” Byrne writes.

In the article he calls out some head scratchers—schools that have either skyrocketed or plummeted over last year’s standing—but Byrne says that in general, the new methodology has produced a somewhat more credible list than last year’s, “which severely damaged the standing of the Businessweek ranking.”

In the end, despite any debate over rankings and methodology, one thing remains clear: the MBA continues to be a sound investment in one’s career.

Jonathan Rodkin, research and rankings coordinator at Bloomberg Businessweek, says, “Most MBAs have no trouble landing jobs: Three months after graduation, 88 percent of MBAs have been hired—and offered a nice pay bump. Graduates saw an 81 percent jump over their median compensation before B-School. After six to eight years, pay typically increased another 64 percent to around $169,000 a year.”

You may also be interested in:

Chicago Booth Tops the Economist MBA Rankings Again
Columbia’s Dean Hubbard on MBA Rankings
Rethinking MBA Rankings

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Aspen Institute Lauds 2015 B-School Faculty Pioneers

Four professors who are leading the way in prompting business school students to think about how firms can act in the face of growing economic inequality have been named winners of this year’s Aspen Faculty …

Aspen Institute awards

Four professors who are leading the way in prompting business school students to think about how firms can act in the face of growing economic inequality have been named winners of this year’s Aspen Faculty Pioneer Awards. The honorees, announced this week by the Aspen Institute Business and Society Program, are:

  • David Besanko, IBM Professor of Regulation and Competitive Practices at the Kellogg School of Management.
  • Shawn Cole, John G. McLean Professor of Business Administration in the Finance Unit at the Harvard Business School.
  • Dima Jamali, Kamal Shair Chair in Responsible Leadership and Professor at the Olayan School of Business at the American University of Beirut.
  • Thomas Kochan, George M. Bunker Professor of Work and Employment Relations at the MIT Sloan School of Management; and Co-Director of the Institute for Work and Employment Research at MIT.

The Faculty Pioneer Awards were established in 1999 to celebrate educators who demonstrate leadership and risk-taking — and blaze a trail toward curriculum that deeply examines the relationships between capital markets, firms, and the public good.

The focus of this year’s call for nominations was to recognize and honor faculty who are teaching about inequality in their MBA classrooms, says Claire Preisser, who manages the Faculty Pioneer selection process as associate director of the Aspen Institute Business & Society Program.

“When thinking about remedies to inequality, people naturally reach into the policy sphere for solutions,” Preisser explains. “Policy interventions are very important, but historically business has been a key actor in building and sustaining a middle class. We believe that today’s business students need to be prompted more often to think about how the everyday choices in firms can build shared prosperity—or work against it. The faculty members we honor this year are doing just that.”

The fact that some faculty at top-ranked MBA programs are addressing inequality in the classroom is especially encouraging, says Judith Samuelson, executive director of the Aspen Institute Business & Society Program.

“We are very encouraged that these classroom discussions are happening, and happening at top-ranked schools—and are eager to see more faculty follow suit,” Samuelson says. “This year’s Faculty Pioneers are bringing inequality out of the ethics classroom and into the classes that really matter in the MBA curriculum.”

The Aspen Institute Business & Society Program will recognize the Faculty Pioneer Award Winners at Business and Inequality: A Dialogue on Business and Business Education in New York on Thursday, October 15. The event will focus on how business schools can most effectively prepare students to lead companies in ways that produce a vibrant economy that works for all.

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Interested in Sustainability? The Top 16 Green MBA Programs

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Stanford GSB Tops Forbes ROI Ranking…Again

Last week, Forbes released its 2015 ranking of the best business schools in the United States based on the return on investment (ROI) of the MBA Class of 2010 grads. For the second straight time, …

Stanford tops Forbes rankingLast week, Forbes released its 2015 ranking of the best business schools in the United States based on the return on investment (ROI) of the MBA Class of 2010 grads. For the second straight time, Stanford Graduate School of Business nudged out Harvard Business School for the top spot with a five-year gain of $89,100 for graduates. In fact, according to the report, the class of 2010 tripled their pre-MBA total compensation to $255,000 five years out of school.

Here’s a snapshot of the Top Ten Business Schools as crowned by Forbes:

  1. Stanford Graduate School of Business (five-year MBA gain of $89,100)
  2. Harvard Business School (five-year MBA gain of $83,500)
  3. Northwestern University Kellogg School of Management (five-year MBA gain of $72,700)
  4. Columbia Business School (five-year MBA gain of $71,100)
  5. Dartmouth Tuck School of Business (five-year MBA gain of $68,400)
  6. Chicago Booth School of Business (five-year MBA gain of $65,000)
  7. The Wharton School (five-year MBA gain of $64,900)
  8. UC Berkeley Haas School of Business (five-year MBA gain of $64,200)
  9. MIT Sloan School of Management (five-year MBA gain of $63,800)
  10. Cornell Johnson School of Management (five-year MBA gain of $63,500)

The MBA Class of 2010 had it pretty tough, graduating in the midst of a global financial meltdown that saw typical MBA feeder companies such as Lehman Brothers and Bear Stearns vaporize overnight. However, despite the slow start to their post-MBA careers, the class of 2010 has rebounded well, Forbes notes.

To learn more about the methodology of the Forbes ranking, hiring trends, and the debt situation of the Class of 2010, you can read the original article on Forbes.com.

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How to Make the Most of Your First Year of B-School

Are you hoping to head to b-school next fall? It’s never to early to learn from students who are currently where you want to be. This past year, Northwestern’s Kellogg School of Management has published …

first year of business school

Are you hoping to head to b-school next fall? It’s never to early to learn from students who are currently where you want to be. This past year, Northwestern’s Kellogg School of Management has published the viewpoints of now second-year student Rohan Rajiv as he shares the lessons learned at Kellogg that he considers most relevant to MBA applicants.

His latest post is extensive, and full of helpful tips on how to make the most of your first year in an MBA program. No matter whether Kellogg is on your short list or not, his experiences and feedback can help orient you during that first hectic year.

Rajiv covers several areas, from academics to career, to extracurriculars and social and family priorities. While veryone will have different priorities while at business school, his post is illuminating for its thorough examination of these often-competing aspects of the MBA experience.

Take a look, and do explore the links to some of the other subjects Rajiv has addressed this year. There’s sure to be something within that will be applicable to your MBA journey as well.

You may also be interested in:

10 Ways to Make the Most of Your B-School Experience

Advice for Your Time at B-School

Image credit: Flickr user Richard Foster (CC BY-SA 2.0)

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