Top Business Schools - The Myth Explained

The day has finally arrived when you are ready toto grade their programs on a scale of 1 to 10 across
move out of school and enter college and you have11 specialties - including calculus, economics,
decided to go in for a business school. Naturally youaccounting, and marketing. The target was to come
would be interested in gaining admission to the topup with a rank of schools that are best in various
business schools out there. Why study for an MBAareas. Most surprisingly the survey results showed
degree if it is not from the best business school? Butvery different ranking for individual programs as
based on your chosen career path, say you want tocompared to the overall ranking of the schools.
major in business accounting, which school should youWhile it was a fact that some of the top most
choose? Is a school based only on overall ranking theranked schools were very strong in several areas, in
best one for you? Probably not. While one businessother areas, these schools were beaten
school might be very strong in accounting, it mightcomprehensively by not so high ranked schools. For
not give you enough knowledge about marketing orexample, the top-ranked Wharton School was found
economics. So it is very necessary to know theto be strong in economics and corporate strategy
strengths and weaknesses of each MBA degreebut in the programs for calculus and accounting, the
program.school did not even make it to the top 10.
The best way to gain in-depth knowledge about theThe overall winner across most programs surprisingly
top business schools out there is to turn to theturned out to be the Goizueta School of Business at
internet. Almost all the best known publications andEmory University. This school managed to make it to
agencies publish either a biennial or an annual listing ofthe top 10 listings across all the 11 categories that
the top business schools and MBA degree programswere studied - the only school to achieve this
offered by them. These include listings bydistinction.
BusinessWeek, USNews.com, and Forbes among aSo students who are looking to enroll for an MBA
host of others. Each review the top business schoolsdegree at one of the top schools should take the
not just from an overall point of view but also delvetime to go through the rankings given to the various
into specifics of different degree programs offeredschools. Individual programs of these business schools
by these schools and rank them on individual merit.as ranked by the various ranking agencies should be
For example the BusinessWeek recently conducted aconsidered before deciding on the school and
survey of 100,000 business majors at 84 topprogram that is right for them. After all, the first step
universities across the US to come up with the Besttowards a successful career does need good thought
Business School Rankings. The students were askedand time.