The 2014 MBA Rankings Are Out, And Harvard’s Out Of The Top 5 For First Time Ever
The 2014 Bloomberg Businessweek rankings for ‘Masters of Business Administration’ (MBA) are out, and for the first time in the history of the rankings the venerable Harvard Business School (HBS) is out of the top 5.
The 2014 MBA rankings are compiled from a survey of 1,300 recruiters asked to rate how graduates of each school perform after being placed with their employers.
Fuqua, which was ranked No. 6 in the most recent Businessweek ranking, rose to the top spot, thanks in large part to employers’ esteem for its graduates. Bloomberg Businessweek ranks schools on three measures: how company recruiters rate MBA hires in a survey that accounts for 45 percent of each school’s score; how graduating MBAs judge their program in a separate survey that makes up an additional 45 percent; and a tally of faculty research published in esteemed journals, which constitutes the remaining 10 percent. We changed our employer survey from the last ranking cycle to better reflect the breadth of the recruiting landscape and to collect more data on how well MBAs do in the workplace. Some 1,300 recruiters were surveyed, up from 250 in 2012, and they were asked to rate schools on how well their graduates performed in the areas most important to employers.
Harvard fell six places, to No. 8, largely on the opinions of its own students. In our last ranking, HBS ranked No. 12 in the student survey; this year, it was No. 25. While improvements in other schools’ student scores were a factor in the decline, the perception that the school caters to elites while neglecting women and minorities also played a role.
For the complete interactive rankings table you can click HERE to read on Business Week.