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Top MBAs - Foster School Climbs to #20 in US News

creepycoug
creepycoug Member Posts: 24,293
edited May 2022 in Tug Tavern
https://www.usnews.com/best-graduate-schools/top-business-schools/mba-rankings

Highest ranking I've ever seen, and now with really good company. They've invested a lot in the B-school and it shows. Took a walk around campus a few weeks back and don't even recognize the place.

We all know the giants, in changing order Harvard, Stanford, Wharton, Chicago, MIT, Columbia, NYU, etc. The next round includes some that are debatably in the top group .... UCLA, UNC, Virginia, Cornell, Dartmouth, Duke, Michigan. Surprised to see Yale in the top ten ... in my day, Yale was a lower top 30 program and not known for its school of management. Shows what $31 billion can buy you when you feel like buying it.

Anyway, Foster is climbing. There are also always MBA programs that aren't as highly ranked but get you there depending on where "there" is. SMU, Northeastern, Boston University, Boston College, Indiana and Emory are some programs that I've been told over the years are strong feeders to Wall Street to a degree that is disproportionate to their respective rankings.

Any thoughts about other programs that punch above their ranking weight? I think the tech companies love Carnegie Mellon. @whlinder , GT is ranked #27.


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Comments

  • Tequilla
    Tequilla Member Posts: 20,232
    Funny thing about SMU is that TCU took all of their top faculty back in the day
  • creepycoug
    creepycoug Member Posts: 24,293
    Tequilla said:

    Funny thing about SMU is that TCU took all of their top faculty back in the day

    I had always heard that SMU, undergrad and grad, is more about doing a good job with connections ... like USC is known for. Just a high level general Impression.
  • HHusky
    HHusky Member Posts: 24,368
    It's funny, when I was doing the JD/MBA degree program, the law school was ranked about where Foster is now, and the Business School struck me as being about where the Law School is these days. But I've watched and been impressed with Foster's improvement over the years. I've known Frank Hodge for close to twenty years. Foster is in good hands.
  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,741 Founders Club
    JHU didn't establish a MBA program and a business school until 2007. They have been investing pretty heavily in it. I wonder if they will ever get ranked?
  • creepycoug
    creepycoug Member Posts: 24,293
    HHusky said:

    It's funny, when I was doing the JD/MBA degree program, the law school was ranked about where Foster is now, and the Business School struck me as being about where the Law School is these days. But I've watched and been impressed with Foster's improvement over the years. I've known Frank Hodge for close to twenty years. Foster is in good hands.

    Agreed. I didn't do the JD/MBA, and part of the reason for that was that I had an undergrad degree from there and thought it was redundant to an extent.

    They've done well, but as I'm sure you'd agree, UW Law is criminally under-ranked. In terms of selectivity, areas of high competence and, now, facilities, it seems clear that it is outranked by lesser schools. I've never been able to figure it. When I was applying, I think they achieved like 23 or 22, right ahead of or behind Boston College. They haven't been close ever since.
  • creepycoug
    creepycoug Member Posts: 24,293
    Swaye said:

    JHU didn't establish a MBA program and a business school until 2007. They have been investing pretty heavily in it. I wonder if they will ever get ranked?

    Just saw that. Very new, just got accredited recently, and unranked. That said, that's a name on which I'd gamble. Is the average person really going to say "pass" and take the guy with the Arizona MBA because it's ranked 46th?

    I think especially now as healthcare investments are just flying and JHU's ability to connect with their vaunted health care wing, that MBA with the healthcare focus will be yuge.

    And you also have to remember how fast schools can rise when they have money and throw it at a program they want to build. JHU has a pretty hefty endowment, and that's with Bloomberg still alive. He's going to Phil Knight JHU when he passes.
  • Tequilla
    Tequilla Member Posts: 20,232
    edited January 2021

    Tequilla said:

    Funny thing about SMU is that TCU took all of their top faculty back in the day

    I had always heard that SMU, undergrad and grad, is more about doing a good job with connections ... like USC is known for. Just a high level general Impression.
    No doubt ... SMU is the definition of Dallas money

    Not that TCU and Ft Worth doesn’t have money because they definitely do ... it’s just a different kind of money

    And if you don’t understand that, then you don’t know DFW
  • Woof
    Woof Member Posts: 770
    I don't really pay attention to the exact number of each school, but I think there are essentially 4 tiers to MBA programs.

    Tier 1 - Harvard, Stanford, Wharton, Booth - if you get in, you have to go, even if nearly every person I've ever met from Booth is fucking weird.
    Tier II - Every other school in the top 15 - if you get in, in 95% of situations it makes sense to go
    Tier III - Every school in the top 30 - if you get in, crunch the math, but it probably makes sense to go
    Tier IV - Everyone else - It could be worth it, but I hope someone else is paying

    Foster used to be Tier IV, but is definitely climbing the past 5-10 years.
  • creepycoug
    creepycoug Member Posts: 24,293
    Woof said:

    I don't really pay attention to the exact number of each school, but I think there are essentially 4 tiers to MBA programs.

    Tier 1 - Harvard, Stanford, Wharton, Booth - if you get in, you have to go, even if nearly every person I've ever met from Booth is fucking weird.
    Tier II - Every other school in the top 15 - if you get in, in 95% of situations it makes sense to go
    Tier III - Every school in the top 30 - if you get in, crunch the math, but it probably makes sense to go
    Tier IV - Everyone else - It could be worth it, but I hope someone else is paying

    Foster used to be Tier IV, but is definitely climbing the past 5-10 years.

    Northwestern Tier I? At least for marketing they were always thought of as tippy top. MIT as well?
  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,741 Founders Club

    Swaye said:

    JHU didn't establish a MBA program and a business school until 2007. They have been investing pretty heavily in it. I wonder if they will ever get ranked?

    Just saw that. Very new, just got accredited recently, and unranked. That said, that's a name on which I'd gamble. Is the average person really going to say "pass" and take the guy with the Arizona MBA because it's ranked 46th?

    I think especially now as healthcare investments are just flying and JHU's ability to connect with their vaunted health care wing, that MBA with the healthcare focus will be yuge.

    And you also have to remember how fast schools can rise when they have money and throw it at a program they want to build. JHU has a pretty hefty endowment, and that's with Bloomberg still alive. He's going to Phil Knight JHU when he passes.
    They just put 25 M into the Carey school this year. I do know JHU doesn't fuck around. When they decide they want to do something they go hard. Probably be a top 30 program in 20 years.