The origins of ranking educational institutions based on their academic and other performance are usually traced back towards the end of the 19th / the beginning if the 20th century.
[citation needed] Some of the most renowned schools, such as Harvard and Stanford, do not rank as highly as their stature might suggest.
Recruiters complain that they often find graduates of some of the most famous institutions more arrogant and less collegial than the MBAs they meet at other schools.
"[6] The rankings are based on a variety of factors such as standardized test scores of students, salary of recent graduates, survey results of graduates and/or recruiters, the specific schools that choose to participate in a market survey, the number of top companies recruiting at the school and a variety of attributes.
[4] The following is a short summary of the different recognized rankings: A British newspaper, Financial Times poll, with 10,000 respondents to nearly 23,000 electronic questionnaires of alumni from 155 qualifying business schools, began in July 2006.
The summary is based on underlying polls in which a school placed in the top ten using an average of the ordinal placements.
[10] There were 382 programs that responded out of 402 solicited, and the formula used a strict combination of quality assessment (40%), placement success (35%), and student selectivity (25%).
The intellectual capital is determined based on a formula incorporating academic publications in journals, books written, and faculty size.
The Beyond Grey Pinstripes ranking, compiled by the Aspen Institute and published biannually, is based entirely on the integration of social and environmental stewardship into university curriculum and faculty research.
Data for this survey is solicited from university administrators at accredited colleges, and audited by teams of Ph.D. scoring fellows.