Author:Charla Stevens Kucko, (585) 273-4806
Release Date: Jun 20, 2008
New Survey Ranks Simon 17th Among Nation’s Top 50 Business Schools
Rochester, N.Y.—June 20, 2008—The Simon Graduate School of Business at the University of Rochester is ranked 17th among the top 50 business schools in the nation according to a new survey by Vanderbilt University economist Mike Shor.
In his “Ranking of Business Schools by Efficacy,” Shor employs a new approach using data from the U.S. News & World Report ranking of the nation’s top 50 business schools, published in its April 7, 2008 issue (Simon ranked 25th in the U.S. News ranking.)
Shor assessed data on inputs (grade-point averages and GMAT scores) and
outputs (average starting salaries), then compared salaries to the
“predicted” salary based on GMAT scores and college grades. The top 50
are ranked in order by salary gains that the school appears to provide.
“We are pleased to be ranked among the nation’s top 20 business schools
in this most recent survey,” says Simon School Dean Mark Zupan. “This
ranking, and others of recent note, further confirms our strategic plan
to build upon our top-tier level of excellence. Simon’s analytic,
economics-based scholarship and teaching, coupled with our world-class
faculty and highly personalized approach to management education and
research, has consistently placed us among the premier business schools
in the world.”
Cornell University’s Johnson School of Management is ranked first in
the survey, followed by Indiana University’s Kelley School of Business
and the University of Virginia’s Darden School of Business rounding out
the top three.
“Rankings of business schools generally fail to evaluate the inherent
quality of an institution, instead ranking the people who choose to
attend it,” says Shor. “Traditional rankings fail to tell a given
student with a given skill set which schools are most likely to
increase his market value. That’s the goal of these rankings.”
For more information on the ranking, visit Shor’s online blog, http://www.dis-equilibrium.com/2008/05/where-i-take-turn-at-ranking-business.html.
08-11
The Simon School prides itself as the place Where Thinkers Become Leader(TM) and is currently ranked among the leading graduate business schools in the world in rankings published by the popular press, including BusinessWeek, U.S. News & World Report, The Wall Street Journal, Financial Times and Forbes. For example, the Financial Times recently rated the School 3rd in the world for finance, 4th in the world for both managerial economics and accounting and 8th in the world for statistics. More information about the Simon School is available on the World Wide Web at www.simon.rochester.edu.