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What's Really Wrong with U.S. Business Schools?Harry DeAngeloUniversity of Southern California - Marshall School of Business - Finance and Business Economics Department Linda DeAngeloUniversity of Southern California - Marshall School of Business - Finance and Business Economics Department Jerold L. ZimmermanUniversity of Rochester - Simon School of Business July 2005 Abstract: U.S. business schools are locked in a dysfunctional competition for media rankings that diverts resources from long-term knowledge creation, which earned them global pre-eminence, into short-term strategies aimed at improving their rankings. MBA curricula are distorted by quick fix, look good packaging changes designed to influence rankings criteria, at the expense of giving students a rigorous, conceptual framework that will serve them well over their entire careers. Research, undergraduate education, and Ph.D. programs suffer as faculty time is diverted to almost continuous MBA curriculum changes, strategic planning exercises, and public relations efforts. Unless they wake up to the dangers of dysfunctional rankings competition, U.S. business schools are destined to lose their dominant global position and become a classic case study of how myopic decision-making begets institutional mediocrity.
Number of Pages in PDF File: 25 Keywords: Business school rankings, MBA programs JEL Classification: M10, A20 working papers seriesDate posted: August 1, 2005Suggested CitationContact Information
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