Volume 96, Issue 10
Friday September 13, 2002

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Ivey falls in Wall Street ranking

By Paolo Zinatelli
Gazette Staff

The Richard Ivey School of Business suffered a major drop in the Wall Street Journal's annual ranking of business schools around the world.

Last year, Ivey was ranked in the 22nd position. This year, the school saw a drop of 20 positions, finishing at 42.

The schools that ranked in the top three were all American institutions. "Dartmouth College (Tuck), University of Michigan and Carnegie Mellon University ranked in the top three respectively," said an e-mail sent to all Ivey students by dean Larry Tapp,

According to Tapp's e-mail, the survey was based on the interviews of 2,221 recruiters.

"Each school rating is based on perceptions of the school and the school's students (which accounts for 80 per cent of the total ranking), as well as by the total number of recruiters who recruit from that school. Ivey's total score was 59.94 per cent. While this figure represents a drop of less than four percent from last year's survey (63.79 per cent), it translated into a decline in rankings from last year's 22nd position," Tapp said in the e-mail.

"We have requested details from [pollster] Harris Interactive," said Edward Pearce, director of marketing and communications for Ivey.

He said The Wall Street Journal's annual report is one of many important rankings the school endures, but it is not the only one.

It does, however, give an impression of the school and how it is run, he added.

"It has not affected me at all," said Ivey professor Chris Cavanaugh.

The only ranking top quality business schools look at is the Financial Times' annual ranking, released each year in January, Cavanaugh said.

According to Cavanaugh, the Financial Times' ranking measures a number of dimensions at business schools. The list assesses different quality measures, such as a school's teaching quality, student and facility quality, she explained.

Of all the business schools in the world, Ivey is currently ranked 18 on that list, Cavanaugh said.

–with files from Chris Webden

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2002 THE GAZETTE