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Are Business School Rankings reliable?

A Business School’s ranking depends on multiple factors. There are different approaches adopted by various publications in judging the top Business Schools ranging from qualitative to quantitative methods. However, these days, the rankings are actually driven more by the competition amongst the publication houses rather than focusing on what’s beneficial for the students.
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Below mentioned are a few reasons why the Top B School of Gurugram thinks that these rankings are highly subjective-

Guided by competition among various publications- With the focus shifting from supporting the students’ interest to superseding the rivaling publishers, the motive of guidance has actually diminished. The publications now seem to be competing with each other rather than meeting the agenda.

Methodologies may vary- Depending on the adopted methodology, these rankings may contrast. For example, some media houses may rank the business school on quantitative data- placement numbers, salary, enrollments while some may choose qualitative data- feedback from pass outs, faculties, recruiters etc.

Tricky qualitative data- If a publication decides to rank on the basis on qualitative data i.e. based on feedback, then it is bound to fluctuate with every opinion. Based on an individual’s success and experiences after graduating, he presents his opinion. But the real question is whether these sentiment-based judgments appropriate ways of ranking any business school?

However, for those who really want to figure out about the best business school of Gurugram or elsewhere, the best way is through school’s accreditation status both regionally and institution wide as this gives a clear idea if the school is maintaining specialized and high-quality business and accounting standards or not.

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