For your reference
Dear all, I hope Period 1 is going well and keeping you busy (hopefully not too busy...). I would like to share with you our reaction to the FT Global MBA Rankings published today as well as to an article that appeared in this week's The Economist. - FT Global MBA Rankings. Today the FT published its annual global MBA ranking. INSEAD is ranked 6th up from 7th in 2007 and 8th in 2008. This is, of course, good news. Normally we do not communicate after each ranking is published, but given the visibility of this one and the fact that this is the first ranking that is published since you arrived on campus, I decided to share with you the attached note. It gives you a sense of the type of criteria that are used in this ranking and the reasons for our relative position. Realize that each ranking has a different set of criteria and that the school, while paying close attention to these rankings, does not follow any particular one to assess our competitiveness. In addition, there are many other indicators that we see on a day to day basis (e.g. whether admitted students decide to come to INSEAD or go to a different school; whether recruiters chose INSEAD to hire MBAs) that possibly give us better information on how we stand relative to other schools. Of course, rankings because they are published, are always more visible. - Article in The Economist. Talking about competition, The Economist published on Friday an article that discussed trends in "European" business schools and how small/new schools are challenging the leadership of the traditional ones. The journalist picked INSEAD as the image of the leading school in Europe by choosing the title "INSEAD out" for the article. While we are flattered to see that the journalist thinks of us as the leading school "in Europe", we disagree with many of the comments that he made. Frank, the Dean of INSEAD, has written a note in response to the article that I am attaching to this email. It is also not common for us to write a note in response to an article in the press, but we felt that some of the inaccurate statements deserved a response. For your information, this week we will start the presentations on the Grading System and Campus Exchange. The Campus Exchange process will take place in about three weeks and we want all of you to start looking at the relevant information. We start the presentation with the two sections in Singapore this Thursday and then the week after we will cover all the four sections here in Fontainebleau. I will take advantage of this presentation to spend a few minutes talking about the FT global MBA rankings (and rankings in general). Regards, Antonio ________________________ Antonio Fatas Dean of the MBA Programme Professor of Economics INSEAD |