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Re: The PaGaLGuY.com Business School Rankings
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pagalguy
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Re: The PaGaLGuY.com Business School Rankings - 18-11-2007, 01:55 PM

Quote:
1) Some comparisons are like poles apart....one IIM n another institute in top 30 or something...could ve been better if the IIM was compared with another institute of the same league...
You need to realize that we are doing this statistically. Which means we need to compare each school with every other school. So the IIMs will be compared to every other school in the pool.


Quote:
2) Another suggestion is to link the institute name in the survey to the institute website or the main thread of that institute here on PG...it ll be easier to go back n chk two institutes then...people might just pick a favourite to get to the next stage without properly analyzing.
This is a good idea. If there is enough interest, we could do this!


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Re: The PaGaLGuY.com Business School Rankings
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Re: The PaGaLGuY.com Business School Rankings - 18-11-2007, 02:07 PM

Hi i had heard of PG B school Rankings to be progress but this seems bit dissapointing... but seems there is method behind the madness !

I really had a tough time answering the survey frankly. at points i found it absurd, irrelevant and irritating. i mean please give an option of CANT SAY coz sometimes wasnt aware of both the institutes i was asked to compare n judge ! at other times comparing ISB with likes of a B grade institute seemed funny.

btw can we have another question - choose between IIM-A and **** we could pull this one off too.

ASAF u sayng this is what INDIA WANTS ... i again doubt. perception based rankings dont help the management faternity much as the rankings should be to cut across perceptions and bring the merits. maybe perception could be used along with hard data and facts to derive a ranking system. but rankings based purely on perception would be a doubtfull candidature.

However one thing is important which would still make me atleast look forward to PG ranking results - TRUST. atleast i can be confident that the results wont be manipulated by the ranker....unlike the unblieveably screwed rankings these business magazines come out with frequently these days !
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Re: The PaGaLGuY.com Business School Rankings
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Re: The PaGaLGuY.com Business School Rankings - 18-11-2007, 02:14 PM

Quote:
Originally Posted by abhishek1711 View Post
I really had a tough time answering the survey frankly. at points i found it absurd, irrelevant and irritating. i mean please give an option of CANT SAY coz sometimes wasnt aware of both the institutes i was asked to compare n judge ! at other times comparing ISB with likes of a B grade institute seemed funny.
We realize that. But comparing each school to every school is necessary to be accurate and while the process seems a bit irritating, the answers are statistically significant and accurate because we have data for and against every school against every school

Quote:
ASAF u sayng this is what INDIA WANTS ... i again doubt. perception based rankings dont help the management faternity much as the rankings should be to cut across perceptions and bring the merits. maybe perception could be used along with hard data and facts to derive a ranking system. but rankings based purely on perception would be a doubtfull candidature.
This is not the do it all and end all rankings. Our goal is simple and different from the thousands of rankings you have seen. We want to see what the nation thinks and what it thinks about different business schools! We will evolve with this product and will be able to give you some awesome insights very soon. Give us some time

Quote:
However one thing is important which would still make me atleast look forward to PG ranking results - TRUST. atleast i can be confident that the results wont be manipulated by the ranker....unlike the unblieveably screwed rankings these business magazines come out with frequently these days !
You bet!


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Re: The PaGaLGuY.com Business School Rankings
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Re: The PaGaLGuY.com Business School Rankings - 18-11-2007, 02:15 PM

The idea of comparing MICA and IIFM Bhopal is little odd.
How can one compare two different B schools with different USP.

If I have no interest in Forest Management as such, I will never vote for IIFM. Forget about voting, lot of people don't have even heard of various B Schools.

Don't know how this speciality based B school can be compared?

Also, How come the first page(registration page) don't have a lot number of B Schools including our IMT Nagpur


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Re: The PaGaLGuY.com Business School Rankings
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Question Re: The PaGaLGuY.com Business School Rankings - 18-11-2007, 02:21 PM

Quote:
Originally Posted by pagalguy View Post
After months of preparation, analysis and work &ndash; we present to you The PaGaLGuY.com Business School Ranking system. We have created a unique ranking system that will help you assess the standing of a business school nationwide.




As with all things PaGaLGuY.com, we turn to the knowledge of the crowds and the community to help us create the analysis that is required for the rankings. You can be a part of this ranking process &ndash; All you need to do is logon to PaGaLGuY.com - B-School Ranking , login and start the process. All it will take is two minutes of your time and you would have contributed your knowledge and insights into building India’s largest Business School Ranking project.

Your knowledge sharing is what makes you priceless and by sharing it with the world, you help create the largest crowd-sourced business school rankings in history. Work with us and login right away to PaGaLGuY.com - B-School Ranking .


Ask away any questions you have
Ours is newly opened offshoot of UBS Chandigarh ,Christined as UBS Ludhiana.We do have thread in PAGALGUY .What should be done so that ours institute is also considered in survey.


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Re: The PaGaLGuY.com Business School Rankings
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Re: The PaGaLGuY.com Business School Rankings - 18-11-2007, 03:08 PM

dude..
gr88 effort but smewere down the line u have taken in only established names and not b-skools offering specialized courses also the inclusion of b-skools like chetna,wellingkar,alliance.christ,iba and ignoring masters courses like mfc,mbe etc which offer a better value for money is not understanable...if u are looking at imdr pune then even isbm pune can come into consideration....i dont have anythng against these bskools........they are gr88 colleges but u also have to look at the roi or return on investment perspective....
anywayz gr88 effort on the part of the pg team....
thnks
ankit


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Re: The PaGaLGuY.com Business School Rankings
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grondmaster
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Re: The PaGaLGuY.com Business School Rankings - 18-11-2007, 03:46 PM

Point 1.
The list of BSchools in the first page, for MBA students, is in no particular order. However, it would be preferred if put in alphabetical order. For one, it becomes easier to locate one's school from the list, and two, it dispels any doubt in a normal person's mind whether the PGHQ already has some prejudiced ranking ready, which they are reflecting here...


Point 2.
Please see the thumbnail below. What's happening, any idea? Rajat?

Regards,
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Attached Images
File Type: jpg error!.jpg (183.0 KB, 44 views)


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Re: The PaGaLGuY.com Business School Rankings
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Re: The PaGaLGuY.com Business School Rankings - 18-11-2007, 03:54 PM

You guys included SIESCOMS. Thanks people...



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Re: The PaGaLGuY.com Business School Rankings
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pagalguy
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Re: The PaGaLGuY.com Business School Rankings - 18-11-2007, 03:54 PM

Grond - I agree on the first issue. This should be sorted out in an hour or so. Escaped beta testing.

The 2nd issue I'll wait till Rajat comes in. Were you able to complete the survey?


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Why we did not use objective / hard data
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Apurv
would like you to see: http://rankings.pagalguy.com/
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Why we did not use objective / hard data - 18-11-2007, 03:59 PM

Why we did not go with Objective / Hard Data as a method for rankings?

Firstly if you haven't read it, here is a detailed description of our methodology - PaGaLGuY.com - B-School Ranking Methodology

This is a question that's going to crop up very frequently here, so thought I'd write our take on this, and here it is:

Objective rankings parameterize the b-school experience mainly into:

1. Faculty
2. Placements
3. Infrastructure
4. Intellectual Capital
5. Student feedback

I'll take each of these parameters and put forward why we thought that this was a step backward rather than forward when rating business schools. Some of it is the biter truth, but it was important for us to cut the faff out in designing a rankings that was representative.

1. Faculty - objective rankings measure the number of years of teaching, number of PhDs, consulting experience, research, etc to rate faculty
Why it doesn't work - while there are a lot of PhD numbers in Indian b-schools, a PhD makes a difference if it is from a good university. In India, majority b-school faculty are recruits from the institute's own FPM programme, or from small town universities scattered across India. As for research, except in a few bschools in the creamy layer, there is little research of consequence happening in Indian bschools. Measuring faculty via hard data like trying to predict a cricketer's performance by measuring his vital statistics. Why fool ourselves of having ranked accurately through hard data?

Faculty that does make a difference in b-schools, and any b-school student would testify to that, is that which makes for a great classroom experience. Measuring that with hard data is not possible. Perhaps a perception survey of best profs in each b-school answered by the students, the results of which are integrated into a larger perception survey.

2. Placements - Cut-throat competition between b-schools has led to a situation where placements data shared by b-schools is suspect. We have seen deep enough into placements processes in b-schools to know that distorting facts to project higher average salaries is a game that has become a norm. Inflating the CTC, averaging by combining international salaries with domestic ones, over-highlighting certain data to hide some other data... the methods are as many as there are schools. The companies don't mid either because of the PR they receive in the process. We think that in such a scenario, comparing b-schools through hard placement data will end up being an exercise in vain. In fact it would amount to construct a second lie over another.

3. Infrastructure - What exactly is good infrastructure and how does one rate it? India has 40 year old schools that have run-down campus buildings over several unused acres. Yet they probably provide better quality of education than a those with swank campuses. B-schools advertise various things like libraries with so many thousand journals, so many books, so many online subscriptions. You need to ask one b-schools student how much of all this is actually used by MBA students in Indian b-schools, outside the exceptions. As for the infrastructure that matters, Google is available across Indian b-schools.

4. Intellectual Capital - Not conclusively quantifiable except in maybe 10 b-schools.

5. Student feedback - is always good.

Moreover, hard data, unless primary and verified, is questionable. Objective rankings that exist today rely on questionnaires sent to b-schools, the answers of which are taken on face value. Visiting even 100 schools for verification is so humongous a task that nobody has yet taken it up.

We sincerely believe that coming out with rankings just for the heck of it is not worth anyone's time. We are further saying upfront that this is NOT the definitive rankings of Indian business schools. However is is definitely what India thinks about business schools.

Cheers,


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