The Financial Times published their Global MBA rankings, a Top-100 of all the MBA schools in the world. One interesting correlation: the higher a school ranks at academic performance, the more its MBA graduates earn.
The data are available at the Financial Times website or as Rdata in my dropbox (explanation of variables here). There was one correlation that I thought was good news: schools whose faculty perform better academically (as judged by FT), have MBA graduates that earn more, r = .45.Note that in these pictures, the x-axis is reversed so that the highest rank (#1) is on the right.
It thus seems that academic performance also counts outside academia. Of course, correlation, not causation, spuriousness, etcetera. But I like it.
It is also still the case that the higher ranking schools have a lower percentage of female faculty, r = -.31.
but the proportion of female students seems to increase with rank, r = .30.
Also, getting an MBA seems to be great for your wallet. On average, it increases graduates’ salary by 110.04% and after three years, MBA’s earn $116.008 annually (again, on average). Not bad!