As late as 10 years back it was easily a Top 15 finance department for both PhD and as an AP. But where would you rate it as of now?
Where would you rank Michigan/Ross finance now?
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Hard to rank them because they currently have almost nobody left. Considering recent retirements, recent departures (eg, NM and AM), and TW's hermit life relative to the department, the only active researchers left are UR, AP and PP. SO you can't really rank them or compare them with full-scale departments that have 20ish research TT faculty. Of course, their situation is quite bad, but you should wait to rank them once they are able to at least go back to being a department in terms of size. They are not a department at this time. This obviously also means that they are not a good place for a rookie to grow right now.
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TW EY AM and NM are out the door. Any place that scares off its top researchers is not a place you want to go to be productive , either as a tenured or an AP or a PhD student.
At this point they will be lucky to rebuild back to the top 50.
Places like Arizona are better at this point.
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As late as 10 years back it was easily a Top 15 finance department for both PhD and as an AP. But where would you rate it as of now?
U.S. News has them at 9th for 2023
https://www.usnews.com/best-graduate-schools/top-business-schools/finance-rankingsHow many times do we have to explain to you undergrads that the U.S. News rankings are about MBA programs, which may or may not have anything to do with the research quality of the faculty.
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As late as 10 years back it was easily a Top 15 finance department for both PhD and as an AP. But where would you rate it as of now?
U.S. News has them at 9th for 2023
https://www.usnews.com/best-graduate-schools/top-business-schools/finance-rankingsHow many times do we have to explain to you undergrads that the U.S. News rankings are about MBA programs, which may or may not have anything to do with the research quality of the faculty.
U.S. News is what matters, everything else is noise
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Ross is Top 5 for undergrad recruiting for investment banking
Top 10-15 for MBA recruiting
Two of the three recently promoted PE partners at Apollo went to Ross undergrad, Sobel and Kaslow-RamosUNC and Michigan are really strong schools for iBanking. Probably harder to get into though than many/most Ivy plus schools.
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Being 4 years out, btw, I have really really low quality students and it does make a pretty big QOL difference from my PhD program school where the MBAs and undergrads were good (as a TA).
But that’s really the only thing that matters about US news ranking for faculty. Weak correlation between ranking and research resources, let alone pay and teaching.
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Ross is Top 5 for undergrad recruiting for investment banking
Top 10-15 for MBA recruiting
Two of the three recently promoted PE partners at Apollo went to Ross undergrad, Sobel and Kaslow-RamosProbably AP, UR, or PP trying desperately to advertise.
Haha no, it's the trollong that happens in every finance ranking on EJMR. Usually to say Wharton is the best and Stanford is MRM.