B-school Ranking Survey gets 'F' Grade

B-school Ranking Survey gets 'F' Grade

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This will remain one of the unsolved mysteries of sampling techniques, i.e., the perception that these chosen 526 is supposed to reflect the views of a population consisting of - 130,000 aspirants for CAT (and some 60,000 for XAT, and similar more thousands for MAT, etc.)!!!

METHODOLOGY

About how the survey was conducted, the magazine describes: -

"In the first phase, we short-listed the 30 B-schools that were to be ranked. How? By asking MBA wannabes and recruiters to list the B-schools they would consider applying to (in the case of former) and recruiting from (for the latter)."

Hmm... er... Uhh??? Isn't there some circular logic here? - Or am I missing something? I mean, aren't these surveys meant to help the "MBA wannabes" to make a rational choice? And maybe even the "recruiters" to decide on the B-schools to source from?

But this survey asks THEM to list the B-schools they would "consider applying to" or "recruiting from", so that it can tell them which B-schools they should "consider applying to" or "recruiting from"!!!

I guess, there is a time one should maintain a stoic calm, give up one's attempts to make sense out of glossy charts and bar-diagrams... and feel grateful that in any decent B-school, such a survey will get an 'F' grade.