After much request from GMAC, AACSB, and EFMD and many business schools themselves, Bloomberg announced earlier this month that they would suspend their 2020 MBA ranking.
Making them the first organization to do so.
This has come in light of the coronavirus pandemic. Bloomberg claim that the pandemic may have had an effect on the data that is usually taken into consideration when generating their annual ranking.
Another reason given for the suspension is to prevent business school staff from adding extra work onto their already hefty workload. The staff are usually required to fill out lengthy surveys in order to compile the data. During this time business school staff are already working hard, trying to keep studies as normal as possible. Caleb Solomon, Bloomberg News Senior Editor reported that “Asking students, alumni and recruiters to take a rankings survey in this environment felt inappropriate”.
Instead of the MBA rankings, Bloomberg have asked business students to fill out a survey regarding online learning during the pandemic. They claim that they will not use this data in order to compare programs to each other.
However, it seems like not everybody has caught onto the trend. The Financial Times still released their Executive Education Rankings last week, despite the ongoing pandemic.
Check out the latest MBA programs’ ranking and other stats: https://www.aringo.com/top-mba-program-rankings/