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==Ranking techniques==
The rankings are based on a variety of factors such as [[standardized test]] scores of students, [[salary]] of recent graduates, survey results of graduates and/or recruiters, the specific schools that choose to participate in a market survey, the number of top companies recruiting at the school and a variety of attributes.<ref name=WSJ>{{cite web|url=http://www.careerjournal.com/reports/bschool06/20060920-alsop-mblede.html|title=The Top Business Schools: Something Old, Something New|accessdate=2007-12-18|publisher=Dow Jones & Company, Inc.|date=2006-09-20|work=The Wall Street Journal Online |author=Alsop, Ronald}}</ref> The ratings vary significantly by method used to determine the success of each program. For instance, the ''[[Forbes]]'' and ''[[Financial Times]]'' results are based on long-term graduate career progress concerns, the ''[[Bloomberg Businessweek]]'' and ''[[Economist]]'' polls evaluate short-term experiences of the students with their program, ''[[U.S. News & World Report]]'' consider the recent experiences of recruiters with the program, and other rankings like the [[Aspen Institute]] ''Beyond Grey Pinstripes'' measure integration of sustainability material into business programs.<ref name=HtrcAmoj>{{cite web|url=http://www.ft.com/cms/s/2/3ed8a91e-ad5a-11db-8709-0000779e2340,dwp_uuid=991cbd66-9258-11da-977b-0000779e2340.html|title=How the rankings compare: A matter of judgment|accessdate=2007-12-25|date=2007-01-29|publisher=The Financial Times Ltd|author=Bradshaw, Della and Wai Kwen Chan|deadurl=yes|archiveurl=https://web.archive.org/web/20080117100300/http://www.ft.com/cms/s/2/3ed8a91e-ad5a-11db-8709-0000779e2340,dwp_uuid=991cbd66-9258-11da-977b-0000779e2340.html|archivedate=2008-01-17|df=}}</ref>
The ''U.S. News & World Report'' uses a combination of the objective and subjective as well. The magazine seeks "expert opinion about program quality and statistical indicators that measure the quality of a school's faculty, research, and students." However, it ranks a broad spectrum of [[professional school]] programs such as business schools, [[law school]]s, and [[medical school]]s as well as a variety of programs specific [[academic discipline]]s such as the [[social science]]s or [[humanities]].<ref name=USN&WR>{{cite web|url=http://grad-schools.usnews.rankingsandreviews.com/usnews/edu/grad/rankings/about/08method_brief.php|title=How We Do the Numbers|author=Morse, Robert J. and Samuel Flanigan|accessdate=2007-12-07|publisher=U.S.News & World Report. L.P.}}</ref> The business opinion data incorporates responses from deans, program directors, and senior faculty about the academic quality of their programs as well as the opinions of professionals who actually do the hiring of the new MBA graduates from the schools. The statistical data combines measures of the qualities of the incoming students and as well as the faculty with measures of post graduate success as related to their degrees.<ref name=USN&WR/> There were 382 programs that responded out of 402 solicited, and the formula used a strict combination of quality assessment (40%), placement success (35%), and student selectivity (25%).<ref>{{cite web|url=http://grad-schools.usnews.rankingsandreviews.com/usnews/edu/grad/rankings/about/08biz_meth_brief.php|title=Business Methodology|accessdate=2007-12-18|publisher=U.S.News & World Report. L.P.}}</ref>
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The [[Economist Intelligence Unit]], the [[business information]] arm of the [[Economist Group]], gathered results from two [[internet]] [[questionnaire]]s, one of business schools and one of their students and recent graduates, and used them to rate business schools located all over the world. Information provided by the schools made up 80% of the ranking, with student and alumni responses accounting for only 20%. Factors in the evaluation included faculty:student ratio, GMAT scores of incoming students, student body diversity, foreign languages offered, percentage of graduates finding jobs within three months after graduation, percentage of graduates finding jobs through the school's career service, graduates' salaries and the comparison of pre-enrollment and post-graduation salaries, and student/alumni evaluations of the program, facilities, services, and alumni network. Results were tabulated using a [[smoothing]] method incorporating the three previous years' results. The organization used strict data provision thresholds, with the result that some highly regarded schools were omitted from the list of 100 ranked schools.<ref>{{cite web|url=http://mba.eiu.com/site_info.asp?info_name=wmba_rank_method|title=Rankings methodology|accessdate=2007-12-19|publisher=The Economist Intelligence Unit Limited}}</ref>
The ''Financial Times'' poll was the result of over 10,000 respondents to nearly 23000 electronic questionnaires of alumni from 155 qualifying business schools. The survey began in July 2006 and all internationally accredited programs that are at least five years old and that have produced at least 30 graduates in each of the last three years were solicited. 113 of the 155 had at least 20 respondents and at least a 20 percent [[response rate (survey)|response rate]]. The questionnaire used twenty criteria in three main areas. The poll actually presents all twenty criteria to the reader. Eight criteria are based on alumni responses; eleven criteria are based on business school responses, and the final criterion is based on a research index produced by the ''Financial Times''.<ref>{{cite web|url=http://www.ft.com/cms/s/2/39626150-ad5a-11db-8709-0000779e2340,dwp_uuid=991cbd66-9258-11da-977b-0000779e2340.html|title=How to read the rankings: How the raw data are processed|accessdate=2007-12-25|date=2007-01-29|publisher=The Financial Times Ltd|author=Milton, Ursula|deadurl=yes|archiveurl=https://web.archive.org/web/20071217140636/http://www.ft.com/cms/s/2/39626150-ad5a-11db-8709-0000779e2340,dwp_uuid=991cbd66-9258-11da-977b-0000779e2340.html|archivedate=2007-12-17|df=}}</ref> The survey responses are audited by [[KPMG]].<ref>{{cite web|url=http://www.ft.com/cms/s/2/2ea93d06-ad5a-11db-8709-0000779e2340,dwp_uuid=991cbd66-9258-11da-977b-0000779e2340.html|title=Auditing: Aim for accuracy|accessdate=2007-12-25|date=2007-01-29|publisher=The Financial Times Ltd|author=Bradshaw, Della|deadurl=yes|archiveurl=https://web.archive.org/web/20071227082805/http://www.ft.com/cms/s/2/2ea93d06-ad5a-11db-8709-0000779e2340,dwp_uuid=991cbd66-9258-11da-977b-0000779e2340.html|archivedate=2007-12-27|df=}}</ref>
The ''Financial Times'' has also produced a "ranking of rankings" summarizing five of the individual rankings (''The Economist'', ''Bloomberg Businessweek'', ''Wall Street Journal'', ''Forbes'', ''Financial Times''). They produce United States, and European summary rankings based on all five and a global summary ranking using the ''Wall Street Journal'', ''Economist'' and ''Financial Times''. The summary is based on underlying polls in which a school placed in the top ten using an [[average]] of the [[Ordinal scale|ordinal]] placements. The summary excludes the ''U.S. News & World Report'' results.<ref name=HtrcAmoj/>
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