1/27/2013

The Wall Street Journal Guide to the Top Business Schools 2003 Review

The Wall Street Journal Guide to the Top Business Schools 2003
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First of all, the school rankings in this book are much different from those found in the other, better-known book from the BusinessWeek. It's so radically different that it places Stanford behind Brigham Young and Wake Forrest. The rationale, according to the book, is that the WSJ is using the recruiters' opinions as the major measurestick, instead of the schools' reputation or average GMAT scores. In a way, it makes sense because what ultimately matters for business schools would be the quality of end-products, namely the quality of graduates after 2 years of study, which would be judged the best by the recruiters.
But this book does not have much detailed information about each school. For a given school, the BusinessWeek guide contains description that's approximately three times longer than what's in this book (I own both). However, this book is much more up-to-date. The BW guide was published in sometime around 2000 and it's pathetically behind the times (it's talking about dot.com things). So, I recommend buying the BW guide first, and then using this book as a complementary material, which would be essential at least until BW comes up with a new, up-to-date version.

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For years, prospective M.B.A. students seeking guidance on which business schools to consider have had to rely on rankings compiled with vague methodologies, subject to the biased opinions of students and school administrators. Now come The Wall Street Journal and Harris Interactive, the worldwide market-research firm, with their second annual survey that has become the single most important reference tool for students, school administrators, and corporate recruiters. Using a carefully constructed methodology and Harris Interactive's online polling expertise, The Wall Street Journal Guide to the Top Business Schools 2003 shows students what corporate recruiters -- the "buyers" of budding management talent -- really think of the schools and their students. Each profile of the 50 top M.B.A. programs, as well as of the 50 runners-up, includes information on admissions, enrollment, test scores, the industries and companies most likely to hire the school's graduates, and graduates' expected first-year salaries. The Wall Street Journal Guide to the Top Business Schools 2003 also covers: * The current business-school boom * The growing importance of internships * Dramatic changes in the M.B.A. job market * The salary and bonus outlook * Top schools for minorities * Top schools for women and includes lists of: * Top public and private schools * Top large and small schools * Top schools by region * Top schools by industry * Top schools by academic discipline * "Hidden gems" With the credentials of the world's leading business newspaper and the survey's unprecedented methodology, The Wall Street Journal Guide to the Top Business Schools 2003 is the essential guide for students, schools, recruiters, and anyone considering an M.B.A. degree.

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