Happy holidaysBy Sir Andrew Likierman, Dean
Last week saw two #1 rankings for LBS – Financial Times Best Business School in Europe and Bloomberg/Businessweek Best MBA outside the US (they have separate US rankings).
We are, of course, always pleased to be top of any table and we value the consistency of being ranked among the world’s best schools. But we also know that rankings are not perfect for measuring or comparing business schools. Why is that? Different rankings use different methods of defining “best”. For example we do well when a lot of weight is given to how international a school is. On the other hand we may do less well on the basis of salaries after graduation in 2017 if there is insufficient adjustment for the recent fall in the pound.
But we don’t ignore rankings. Sometimes we get information which compares us to others which is new – on recruiter satisfaction or how far students say they have achieved their objectives. We look at these comparisons very seriously and look at what more we can do – even if we are #1. Staying at the top means doing just as much as getting there! Thank you to everyone for getting us where we are. Happy holidays!