I had decided not to post in this thread .... but the itch got better of me
Guess it will be cliche to say magazine rankings are lll crap. But then they do ten to form people opinion, atleast layman's . And that is why magazines keep coming out with rankings and Institutes want there rankings to be good. It goes lke the Famous Media Manager of Hitler,forgot his name, "If you tell a lie sufficient no of times, it becomes a truth". And that is what these Magazines people want to exploit.
All that is required is to goo into their methodology and you will know what they are doing. Take for example the BW cosmode survey. Take the NETWORKING parameter . And what do they mean by NEtworking ... no nothing like Alumni networking or Industry Networking. By networking they mean how the BSchools share there programs and curriculum books, faculty etc with other LOCAL Bschools. What the hell. How is this parameter Imp for ranking and how does this parameter makes a Good B School ??? .... ANd look at scores. MDI got highest at 93/100. IIM A is 22nd at 51/100 and IIM C 46/100 !!! Take that parameter out alonoe and the rankings change drastically.
Similar thing is done by other magazines. A fine day they just decide that this parameter i simportant and they include that into rankings.
Next time I suppose they will start including Latitude and Longitude in Rankings.