Sept. 6 WSJ Rankings

[Anonymous]

WSJ's ranking is similar in spirit to Yelp's rating of restaurants. It is not based on the absolute quality of the restaurant. A Michelin restaurant's rating may the same as that for a cheap takeout, but nobody would think a Michelin restaurant's quality is the same as a cheap takeout joint.

[Anonymous]

Anonymous wrote:WSJ's ranking is similar in spirit to Yelp's rating of restaurants. It is not based on the absolute quality of the restaurant. A Michelin restaurant's rating may the same as that for a cheap takeout, but nobody would think a Michelin restaurant's quality is the same as a cheap takeout joint.

No wonder Princeton, Stanford, MIT, and Yale were ranked at the very top. That makes a lot more sense with the cheap takeout analogy!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:People are actually denying a gender pay gap exists?

https://www.pewresearch.org/social-trends/2023/03/01/the-enduring-grip-of-the-gender-pay-gap/#:~:text=The%20gender%20pay%20gap%20–%20the,80%20cents%20to%20the%20dollar.

“The gender pay gap – the difference between the earnings of men and women – has barely closed in the United States in the past two decades. In 2022, American women typically earned 82 cents for every dollar earned by men. That was about the same as in 2002, when they earned 80 cents to the dollar.”

https://www.epi.org/publication/what-is-the-gender-pay-gap-and-is-it-real/

“The average woman worker loses more than $530,000 over the course of her lifetime because of the gender wage gap, and the average college-educated woman loses even more—nearly $800,000 (IWPR 2016). It’s worth noting that each woman’s losses will vary significantly based on a variety of factors—including the health of the economy at various points in her life, her education, and duration of periods out of the labor force—but this estimate demonstrates the significance of the cumulative impact.”

https://www.gao.gov/products/gao-23-106041

You are referring to a different issue.

Show data that indicates a Wellesley grad working as an IBank analyst is paid differently from her male counterpart.

If you think a kid graduating college today is better off being a white male if he wants to get a job and be presented with advancement on opportunities on Wall Street, you are out of your mind.

Where’s the data showing white men are struggling on Wall Street in comparison to women? Show me the report that contradicts the Census findings that the greatest gender earnings gap is in fact within the financial services sector.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:People are actually denying a gender pay gap exists?

https://www.pewresearch.org/social-trends/2023/03/01/the-enduring-grip-of-the-gender-pay-gap/#:~:text=The%20gender%20pay%20gap%20–%20the,80%20cents%20to%20the%20dollar.

“The gender pay gap – the difference between the earnings of men and women – has barely closed in the United States in the past two decades. In 2022, American women typically earned 82 cents for every dollar earned by men. That was about the same as in 2002, when they earned 80 cents to the dollar.”

https://www.epi.org/publication/what-is-the-gender-pay-gap-and-is-it-real/

“The average woman worker loses more than $530,000 over the course of her lifetime because of the gender wage gap, and the average college-educated woman loses even more—nearly $800,000 (IWPR 2016). It’s worth noting that each woman’s losses will vary significantly based on a variety of factors—including the health of the economy at various points in her life, her education, and duration of periods out of the labor force—but this estimate demonstrates the significance of the cumulative impact.”

https://www.gao.gov/products/gao-23-106041

You are referring to a different issue.

Show data that indicates a Wellesley grad working as an IBank analyst is paid differently from her male counterpart.

If you think a kid graduating college today is better off being a white male if he wants to get a job and be presented with advancement on opportunities on Wall Street, you are out of your mind.

Where’s the data showing white men are struggling on Wall Street in comparison to women? Show me the report that contradicts the Census findings that the greatest gender earnings gap is in fact within the financial services sector.

Headhunters are now told not even to present resumes of white males.

[Anonymous]

I don't get this ranking methodology. Babson is ranked #10. 100% of its students are studying business. Are you really better off studying business there vs. much lower ranked local schools like UVA (84), UMD (140), or William and Mary (212)? The Bachelors business salary and cost information I see below says you are better off studying business at these three lower ranked schools.

https://cew.georgetown.edu/cew-reports/business/

[Anonymous]

Anonymous wrote:I don't get this ranking methodology. Babson is ranked #10. 100% of its students are studying business. Are you really better off studying business there vs. much lower ranked local schools like UVA (84), UMD (140), or William and Mary (212)? The Bachelors business salary and cost information I see below says you are better off studying business at these three lower ranked schools.

https://cew.georgetown.edu/cew-reports/business/

The methodology is absurd in several ways and the results are absurd.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone explain why Brown is ranked so low?

Grads don’t chase big bucks jobs like they do at schools like Babson and Lehigh.

It is majors. Lehigh has 21.53% of graduates earning Engineering degrees, 12.27% Computer Science, and 28.68% Business based on its CDS. The total for these areas is 62.48%. These majors tend to pay more initially (though not necessarily over time) than average. An engineering graduate, for instance, makes about 2X the average at the start. For Brown, the numbers are 4.8% Engineering, 13.6% Computer Science, and 2.3% Business. The total for these areas is 20.7%.

This doesn't mean the average Lehigh graduate in each of these majors will make more than the average Brown graduate with the same major. It means Lehigh has 3X the percentage of graduates in majors that are initially higher pay higher salaries compared to Brown.

You need to compare salary of graduates in the same major. Brown cs graduates for example have had highest salary (top 3) much higher than Lehigh.

[Anonymous]

Georgia Tech doesn't do too well in this ranking considering the methodology.

[Anonymous]

Anonymous wrote:Georgia Tech doesn't do too well in this ranking considering the methodology.

It's higher than Emory...which is all that matters (much to the chagrin of the Emory booster).

[Anonymous]

Anonymous wrote:

Anonymous wrote:Georgia Tech doesn't do too well in this ranking considering the methodology.

It's higher than Emory...which is all that matters (much to the chagrin of the Emory booster).

The entire ranking is garbage, gatech isn't better than Emory and Emory isn't better than Johns Hopkins. I doubt either school will boast about this ranking.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Georgia Tech doesn't do too well in this ranking considering the methodology.

It's higher than Emory...which is all that matters (much to the chagrin of the Emory booster).

Gatech was ranked 70 on WSJs last ranking.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don't get this ranking methodology. Babson is ranked #10. 100% of its students are studying business. Are you really better off studying business there vs. much lower ranked local schools like UVA (84), UMD (140), or William and Mary (212)? The Bachelors business salary and cost information I see below says you are better off studying business at these three lower ranked schools.

https://cew.georgetown.edu/cew-reports/business/

The methodology is absurd in several ways and the results are absurd.

All true. But as long as people read and discuss absurd rankings, like here, entities and the media will continue to devise ways to make them different from USNWR and hope readers will be ignorant and click on them.

[Anonymous]

These ranking are ludicrous. I live in Florida and am very familiar with FIU. How in the world is that school ranked higher than UCHICAGO, Cal Berkely, Johns Hopkins, and quite frankly 100 others. It's a joke to get into and does not have a good reputation.
If you look at their “score” breakdown, they scored higher than JHU in salary impact ( 83 points to JHU’s 64) even though graduates from JHU median income after graduation is $40,000 more a year.
Then there's UCHICAGO and Berkley. Two of the most rigorous and respected schools in the world, consistently at the top of most rankings for jobs and PHD degrees.
As for why uchicago may have dropped below, as opposed to others in their Ivy+ group… Uchicago has top ranked programs that are not money maker careers (English, chem, physics, etc) and are just now growing CS, engineering and data science. They also send a lot of undergrads for PhDs and academia, which take years to make a high salary.

[Anonymous]

I don't understand this WSJ ranking. The University of Florida is ranked 15th (highest public). But when I look at WSJ rankings from a few months ago of the top 20 public schools by graduate pay in the fields of Technology, Finance, Management Consulting, Software Development, Engineering, Law, and Data Science. Florida is not in the top 20 among public schools for graduate pay in any of those fields. You would think it would be if ranked top among publics.

On the flip side, UC Berkeley is in the top 20 in pay in every single one of these fields, which accounts for 53% of its graduates. For Georgia Tech it is 51% of graduates in fields where it in top 20 for pay, UCSD and UVA 43%, UCLA 41%, Michigan 40%, Washington 34%, UNC 33%, W&M 28%, Illinois 25%. And that is just a sampling. And there are many more publics.

How can WSJ's data points and rankings be so utterly and completely inconsistent?

[Anonymous]

Anonymous wrote:These ranking are ludicrous. I live in Florida and am very familiar with FIU. How in the world is that school ranked higher than UCHICAGO, Cal Berkely, Johns Hopkins, and quite frankly 100 others. It's a joke to get into and does not have a good reputation.
If you look at their “score” breakdown, they scored higher than JHU in salary impact ( 83 points to JHU’s 64) even though graduates from JHU median income after graduation is $40,000 more a year.
Then there's UCHICAGO and Berkley. Two of the most rigorous and respected schools in the world, consistently at the top of most rankings for jobs and PHD degrees.
As for why uchicago may have dropped below, as opposed to others in their Ivy+ group… Uchicago has top ranked programs that are not money maker careers (English, chem, physics, etc) and are just now growing CS, engineering and data science. They also send a lot of undergrads for PhDs and academia, which take years to make a high salary.

Chicago is rarely ranked as a top school now. Luckily for them USNWR is the most influential ranking and they usually give Chicago their highest rankings.
Even at the grad level, where Chicago is stronger in some areas, USNWR tends to be their best ranking source. Does anyone who has applied to and gone to business school think Chicago is the best b-school in the country (above Stanford GSB, HBS, and Wharton)?