INSIDE HIGHER ED
Jun 23, 2008
A new method for determining business school rankings devised by MIKE SHOR, assistant professor of economics at Owen Graduate School of Management. Mike Shor, the economist, took the top 50 programs, as ranked by U.S. News & World Report, and took data on inputs (college grades and scores on the GMAT) and outputs (average salaries). It is no surprise of course that some of the top ranked programs see their graduates do particularly well, but Shor noted that these schools attract some of the best students — so he compared salaries to what might have been the “predictive” salary based on GMAT scores and college grades. And he ranked the 50 in order of the gains in salary that the school appears to provide. Using this system, Cornell University comes out on top, followed by Indiana University at Bloomington and the University of Virginia.