The Wharton School dropped from third to fourth place in BusinessWeek’s 2010 Undergraduate Business Programs rankings.
The school took third place last year after holding the top spot for three years in a row.
For 2010 the University of Notre Dame’s Mendoza College of Business received the highest ranking, followed by the University of Virginia’s McIntire School of Commerce in second and the Massachusetts Institute of Technology’s Sloan School of Management in third.
Wharton representatives did not respond to requests for comment.
Steven Goodman, an educational consultant based in Washington, D.C., compared business school rankings to Major League Baseball.
“The number one thing that’s worth pointing out is that the Yankees don’t always win the World Series,” he said. “That doesn’t change the fact that the Yankees are the premier baseball franchise. Wharton is not always going to be number one in every survey every year.”
However, Goodman added, Wharton’s reputation will be affected if it is ranked the same way several years in a row.
Still, some experts say a one-place drop is inconsequential.
“Overall, a drop from 3 to 4 does not seem significant — it’s clearly one of the best B schools in the country with an A+ reputation for getting kids jobs and is ranked #1 in academic quality — if I were looking, that’s the ranking I’d be paying attention to and Wharton IS #1,” Michele Hernandez, president of Hernandez College Consulting, wrote in an e-mail.
Goodman said rankings are often tied to perception of quality, and Wharton “should take it as a warning signal that nothing is as rosy as everybody would like it to be.”
BusinessWeek’s ranking scheme takes into consideration job placement after graduation, student and recruiter surveys and average starting salaries, among other factors.
Wharton received an A-plus for both teaching quality and job placement and an A in facilities and services. Mendoza and McIntire received A-pluses in these categories.
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What a joke.
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Wharton is an awesome school and people should be proud to go there. Even though it falls in ranking, it still is a great school.
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Why?
I don't believe it's much of a joke...Dropping only one spot isn't a huge deal. Now if it was from third to eleventh, then I might start worrying.
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What happened?
I think there is some Chupacabra story that we should investigate. They got to work hard to reclaim the top spot that they had before.
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Donald Trump will not be
Donald Trump will not be happy with this. He likes to say that he and his daughter went to the number one business school in the country.
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I'm stunned
I don't know how this could have happened. It used to be number one.
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Wharton is a top school,
Wharton is a top school, always will be. I still do not understand why people even pay attention to that shit.
On a side note Wharton falling probably reflects the general attitude on finance jobs. Didn't NYU have a big thing about trying to move away from investment banking because of the slow down in the industry. In 5 years this will all revert right back to normal.
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Notre Dame is a surprising #1
I'm quite surprised Notre Dame is ranked #1 in undergraduate business schools. I work at a company that provides auto insurance quotes and haven't come across too many people that have gone to Notre Dame. This is probably a wake-up call for Harvard.
ranking fall.
The Wharton School dropped to fourth place 310-091 in BusinessWeek's 2010 Undergraduate Business School Rankings 310-090 . The school took third place last year after holding down the top spot for several years in a row. Mendoza College of the University 310-083 of Notre Dame is the highest ranked school for 2010, followed by McIntire School of Commerce at the University of Virginia in second place and the Massachusetts Institute of Technology's 310-081 Sloan School of Management in third place.
I think they should work
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There is no need to feel
There is no need to feel ashamed about dropping a few spots in the rankings because Wharton is still number 1 academically.
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“The number one thing that’s worth pointing out is that the Yankees don’t always win the World Series,” he said. “That doesn’t change the fact that the Yankees are the premier baseball franchise. Wharton is not always going to be number one in every survey every year.”
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Wharton School
"Wharton School falls in rankings" ranks means an achieved level of performance. Even though that ranks of Wharton School has fall it
doesn't mean that the standards of the School is gone.. Thanks for the post..
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