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Top Ten B-School Scandals & Controversies Of 2014...

No question, this past year was a doozy for misbehavior in the business school world. Two of the lead figures in the Top 10 B-School Scandals and Controversies of 2014 defrauded millions from investors. One business school was reported to have resorted to deception through exaggeration in order to boost enrollment and donations. An elite MBA program’s students were called out as booze-swilling, sex-crazy spendthrifts prone to mocking a poor sod who just wanted to do his damn schoolwork. Then there were the Jesuit schools, popping up in surprising places in a major set of rankings, raising the specter of conspiracy. Not to mention the epic Great Sichuan Chicken War, pitting an irate Harvard Business School professor against a family-owned Chinese restaurant. Taken together, these Top 10 stories show business school as a microcosm of the world, in all its pettiness and grandeur – and no shortage of the quirky, the kooky, the crooked, and the criminal. 1. An HBS Prof’s $4 Spat Over Spicy Chicken Harvard Business School professor Benjamin Edelman was mocked and disparaged world-wide after his dispute with a Boston-area Chinese restaurant over a $4 take-out overcharge went public, and viral. Though many saw Edelman’s prickly correspondence with a restaurant representative – and escalating demands for compensation – as petty and bullying, Poets&Quantstook the position that the professor, a dedicated and capable consumer-protection activist, was correct in his actions, though unnecessarily aggressive in his approach. Multiplying a small overcharge by the number of take-out orders per week could amount to thousands of dollars. And false advertised prices would give the restaurant an unfair competitive advantage over competitors. Edelman apologized, but he shouldn’t have – Sichuan Garden had it coming. 2. A Harvard MBA Assails the Party...

The Top Ten MBA Rankings Of 2014

Look at any one major business school ranking and you get a useful but quite limited view of programs and institutions. And as this year’s volatility in the Bloomberg Businessweek ranking shows, different methodologies may produce surprising, or even dubious results. To obtain, via rankings, a more comprehensive and realistic picture of the business school ecosystem and its individual components, it’s necessary to make use of a number of rankings. Fortunately, for year’s end, Poets&Quants has compiled a rankings collection almost certain to be found nowhere else – a clearinghouse of school-by-school information, viewed from every relevant angle. And beyond the Top 10 rankings, we’ve provided links to another 10 rankings that will further fill in the business school picture with even more perspectives, measurements, and details. The Top Ten Business School Rankings of 2014: 1. Poets&Quants’ 2014 Top 100 MBA Programs in the U.S. In the clash of the titans, a new victor emerges. For the first time since Poets&Quants debuted its composite ranking, Stanford Graduate School of Business edged out Harvard Business School. This ranking combines the five most influential business school rankings in the world, weighting them according to their degree of authority and credibility. The composite methodology cuts out many of the major rankings’ deficiencies, producing a list that’s now consulted more than The Economist’s. 2. Poets&Quants’ 2014 Best International Business School Ranking Outside the U.S., European business schools dominate the high end of the MBA program spectrum. The U.K. and Spain each claim three spots in the top 10. One fast-rising star is Cambridge University’s Judge Business School, whose six-position rise over 2013 was matched by an Asian institution, the National University of Singapore’s business school, which finished 14th. 3. The Best Online MBA...

Best & Worst 2014 MBA Job Placement

When it comes to landing a job with your MBA degree, where a business school ranks tends to matter. The highest percentage of MBAs from the Class of 2014 have job offers at graduation and three months later if they graduate from programs that are ranked among the Top Ten. And graduates of the Top 25 MBA programs do better than grads of the next 25 programs (see table below). Even so, this year was a great time to graduate with an MBA degree. Some 85.9% of Top Ten graduates had job offers at graduation, while an impressive 95.4% had offers three months later. The numbers for the Top 25 schools were nearly as good: 83.9% had offers at commencement, while 94.2% received offers three months after graduation. And even the next group of schools, ranked 26th through 50th, did very well: 75.4% reported offers at graduation, while 91.5% had job opportunities three months later. At the three-month mark, four business schools in the U.S. tied for the best job offer rate. The University of Chicago’s Booth School of Business, Emory University’s Goizueta Business School, Dartmouth College’s Tuck School of Business, and the University of Pennsylvania’s Wharton School all reported that 98% of their graduating MBAs this year had job offers three months after commencement. For Emory, it was the third consecutive year with a 98% job offer rate, better than any other business school in the world. That’s an extraordinary record of success that no school, not Harvard, Stanford, Wharton, Chicago, or Northwestern, can match. In fact, Stanford’s 94% offer rate is four full percentage points below Emory, while Harvard’s 93% offer rate is five percentage points under Goizueta. And for Tuck, it also was a special year....