tag:blogger.com,1999:blog-5143201.post115209526868784166..comments2024-03-28T22:26:25.034+05:30Comments on Alternative Perspective: B-School Ranking Survey gets "F" GradeUnknownnoreply@blogger.comBlogger9125tag:blogger.com,1999:blog-5143201.post-1152592917972356422006-07-11T10:11:00.000+05:302006-07-11T10:11:00.000+05:30Madhukar, actually no, I'm not making any other po...Madhukar, actually no, I'm not making any other point but this one: once these results are out, every institute named in it is going to make capital of the rankings. As Symbiosis has done. Few will have the guts to pick apart the process as you did.<BR/><BR/>I find this whole ranking business nutso anyway. This Business Today ranking is particularly so, and I'm glad you pointed it out.Dilip D'Souzahttps://www.blogger.com/profile/08221707482541503243noreply@blogger.comtag:blogger.com,1999:blog-5143201.post-1152553737733422322006-07-10T23:18:00.000+05:302006-07-10T23:18:00.000+05:30My wait is over. There is a recent E-school rankin...My wait is over. There is a recent E-school ranking survey in Outlook. I have made a post on this survey <A HREF="http://www.arunn.net/scienceblog/2006/07/10/survey-sins-of-the-times/" REL="nofollow">here</A>.ommachihttps://www.blogger.com/profile/07459195759071848149noreply@blogger.comtag:blogger.com,1999:blog-5143201.post-1152544385692781252006-07-10T20:43:00.000+05:302006-07-10T20:43:00.000+05:30Yes, saw that ad... also noted that the "4th ank'i...Yes, saw that ad... also noted that the "4th ank'is in considerable smaller print than the rest...<BR/><BR/>personally, also know SIBM as a "decent" school... so note the contadiction you are pointing out... as for the reason for my post, it was this very distillation of a number - based on a faulty and misleading methodology - into an ad ("branding"), which may or may not reflect the product<BR/><BR/>But, Dilip, there is some other oint that you are making, aren't you?madhukarhttps://www.blogger.com/profile/02721957971977767171noreply@blogger.comtag:blogger.com,1999:blog-5143201.post-1152532057481626642006-07-10T17:17:00.000+05:302006-07-10T17:17:00.000+05:30Well, further to my question Madhukar, I note that...Well, further to my question Madhukar, I note that Symbiosis Institute of Business Mgmt, Pune, has put out ads (signed by their President and Principal Director) touting their ranking in this Business Today survey. So much for the survey getting an "F" grade.Dilip D'Souzahttps://www.blogger.com/profile/08221707482541503243noreply@blogger.comtag:blogger.com,1999:blog-5143201.post-1152168146086507122006-07-06T12:12:00.000+05:302006-07-06T12:12:00.000+05:30;0)... Get the implied point, Dilip.that's why the...;0)... Get the implied point, Dilip.<BR/><BR/>that's why the qualifier, "decent":)madhukarhttps://www.blogger.com/profile/02721957971977767171noreply@blogger.comtag:blogger.com,1999:blog-5143201.post-1152166983800070312006-07-06T11:53:00.000+05:302006-07-06T11:53:00.000+05:30in any decent B-School, such a survey will get an ...<I>in any decent B-School, such a survey will get an 'F' grade</I>.<BR/><BR/>Are you sure of this, Madhukar?Dilip D'Souzahttps://www.blogger.com/profile/08221707482541503243noreply@blogger.comtag:blogger.com,1999:blog-5143201.post-1152164260544973462006-07-06T11:07:00.000+05:302006-07-06T11:07:00.000+05:30SwarupI guess Paul Seabright maybe correct that wh...Swarup<BR/>I guess Paul Seabright maybe correct that when people have a stake in the outcome, they will make more informed choice. But that would be true in the case of popularity ranking or political elections. In case of B-School surveys, simply because more people vote for it, may or may not make it the "best" or better than others...<BR/><BR/>The fallacy of the methodology is apparent, when one finds that one "Asia Business Academy, Bangalore" is listed among the top-30. To the best of my (and google's ;0) knowledge, this is the name of a department in some Finnish Univ - <I>this said B-School does not even exit in India!!!</I>madhukarhttps://www.blogger.com/profile/02721957971977767171noreply@blogger.comtag:blogger.com,1999:blog-5143201.post-1152147200667015752006-07-06T06:23:00.000+05:302006-07-06T06:23:00.000+05:30I wonder whether there is any study about which so...I wonder whether there is any study about which sort of polls work well for which issues. Paul Seabright (in "The Company of Strangers: A Natural History of Economic Life". page 141) says that Iowa Electronic Markets so far worked better than any pollsters in predicting the American Presidential Election winners ( in terms of the number of votes). His theory is that generally people may give random replies but since people are actually betting on the election results, they have more incentive to gauge the opinions of others.gaddeswaruphttps://www.blogger.com/profile/16509075029154476375noreply@blogger.comtag:blogger.com,1999:blog-5143201.post-1152124295168744312006-07-06T00:01:00.000+05:302006-07-06T00:01:00.000+05:30But this survey asks them to list the B-Schools th...<I>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" !!!<BR/></I><BR/>THAT is UNBELIEVABLE!!!!<BR/>Such excess of stupidity is not in Nature. These guys should have worked a lot to have earned this mental state!<BR/><BR/>On the other hand, I wonder what these guys from the magazine actually tell these 526 odd people when they do the survey. Wouldn't somebody from the 526 have asked them back some sensible questions about this rigmarole? <BR/><BR/><I>...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-diagram...</I><BR/><BR/>Even if one could come out of the useless crap passed as objective information, I think one would still feel for the money one had wasted on the glossy sheets...<BR/><BR/><I> and feel grateful that in any decent B-School, such a survey will get an 'F' grade.</I><BR/><BR/>I sincerely hope so!<BR/><BR/>Nice debunking. Keep up the good work. <BR/><BR/>I am waiting to get a chance to do the same, when something like this is done for the Engineering schools of India...;)<BR/><BR/><A HREF="http://www.arunn.net/scienceblog/" REL="nofollow">Arunn</A>ommachihttps://www.blogger.com/profile/07459195759071848149noreply@blogger.com