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Business school candidates should take rankings into account as they contain an enormous amount of useful data, but applicants should also take time to study their methodology. Rankings should not be viewed as the most important aspect.

The main goal of rankings in general and MBA rankings in particular is to inform prospective students about a business school's and a programme's notoriety. Rankings also provide a global picture of the programme's offering in a specific geographical area or more generally worldwide. It is a good starting point for prospective.

Although different in each case, rankings usually take into account the following factors: Gradutate Management Admission Test (GMAT) and Grade Point Average (GPA) of new entrants; learning resources available at each school.

Rankings should be treated with caution.

Be aware that rankings never represent all factors about schools and that some of these factors may be crucial to your choice. At the same time, considered as supplementary information, rankings may give you some interesting insights.

Each publication has its own proprietary methodologies that consider certain factors over others, with the result that business schools can be ranked higher in one publication and lower in another. Some publish rankings annually, others every two years. The Financial Times.

Rankings are an enigma. The idea of ranking graduate business programs is a relatively new process, which began as a means of increasing magazine sales. The ranking of MBA programs is a hot issue in management education circles. Questions regarding how rankings are formulated, what they measure, and what they mean are constantly circulating. Given the attention rankings have received and the controversy they have generated, a full discussion of this topic is necessary.