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Stock Investing Course (AXcess News) Tampa, FL - As more and more periodicals publish their latest rankings of business schools and MBA programs, the debate on the value of rankings rages on. Andrew Policano, dean of the Paul Merage School of Business at the University of California, Irvine, provokes further discussion in his recent article "What Price Rankings," that appears in the September/October 2005 issue of BizEd, the bi-monthly business education magazine (See http://www.aacsb.edu/publications/Archives/SepOct05/p26-32.pdf)

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Stock Market Game In an insightful analysis of the business school rankings phenomena, Policano analyzes how each of the key international publications - BusinessWeek, Financial Times, U.S. News & World Report, The Wall Street Journal, Forbes and The Economist - conducts its rankings methodology and the factors considered.

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Stock Investing Game Perhaps the most compelling information in the article surrounds the unintended consequences of business school rankings. Policano cites higher entrance requirements and reduction of class sizes (which reduces access to quality b-school education) and shifts in education spending to accommodate the rankings.

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Journal Prime Rate Street Wall Policano concludes that there is a need to overhaul the data used in rankings so that students who consult them will have a more accurate view of what schools offer. Current data puts too much emphasis on short-term performance, applies the same criteria, regardless of a school's mission, orientation, and fails to consider differences in degree programs offered.

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Stock Market News Policano points out that potential students would benefit from having better access to reliable b-school data. "By standardizing the collection of data, utilizing independent audits, and hopefully taking advantage of cooperation between the media and academia, we can create a more accurate, useful tool for prospective students and their parents," he said.

Stock Investing Basics AACSB International, which publishes BizEd, is the international association that accredits 506 business schools in 28 nations. An AACSB special report, "The B-School Rankings Dilemma" (http://www.aacsb.edu/publications/rankings/mediarankingstf.asp) released in early September, speaks out on the b-school rankings, the quality of data used, and suggests changes in the way rankings are compiled in the future.

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