Comment: Right signals to applicants, wrong incentives for deans: business school rankings and the challenges to management education

Abstract

Abstract Based on the findings by Dewinney, Dowling and Perm‐Ajchariyawong, we point out that, while MBA rankings provide useful signals to students about their salary prospects, they also create misleading incentives for business school administrators. The inbuilt bias in favor of the traditional model of business education discourages innovation and therefore stifles responses to major challenges – such as the globalization of the business education market, the advent of life‐long education and the need for more relevance to management practice.