26 | May | 2011 | Scientific Entrepreneur

Were people taught in school to do business 200 years ago? No!
Did people know what MBA was 100 years ago? No!
Are we becoming stupid? No one admit.
Why are MBA everywhere nowadays? Because that’s the way of people living, you’ll find some traits you might have at the following lists.

You know you are an MBA when….

You ask the waiter what the restaurant’s core competencies are.

You decide to re-org your family into a ‘team- based organization.’

You refer to dating as test marketing.

You can spell ‘paradigm.’

You actually know what a paradigm is.

You understand your airline’s fare structure.

You write executive summaries on your love letters.

You think it is actually efficient to write a ten-page paper with six other people you do not know.

You believe you never have any problems in your life, just ‘issues’ and ‘improvement opportunities.’

You calculate your own personal cost of capital.

You refer to your previous life as ‘my sunk costs.’

Your three meals a day are a ‘morning consumption function’, a ‘noontime consumption function’, and an ‘even consumption function.’

You start to feel sorry for Dilbert’s boss.

You refer to divorce as ‘divestiture.’

Your favorite artist is the one who does the dot drawings for the Wall Street Journal.

None of your favorite publications have cartoons.

You account for your tuition as a capital expenditure instead of an expense.

You insist that you do some more market research before you and your spouse produce another child.

At your last family reunion, you wanted to have an emergency meeting about their brand equity.

You decided the only way to afford a house is to call your fellow alumni and offer to name a room after them if they help with the down payment.

Your ‘deliverable’ for Sunday evening is clean laundry and paid bills.

You use the term ‘value-added’ without falling down laughing.

Past:

Present:

Global MBA Rankings 2011

Current rank	3 year average rank	School name	Country	Weighted salary (US$)	Salary percentage increase
1	1	London Business School	U.K.	145776	132
1	1	University of Pennsylvania: Wharton	U.S.A.	171551	123
3	3	Harvard Business School	U.S.A.	170238	116
4	5	Insead	France / Singapore	147883	108
4	5	Stanford University GSB	U.S.A.	183260	115
6	10	Hong Kong UST Business School	China	133334	142
7	6	Columbia Business School	U.S.A.	163407	117
8	7	IE Business School	Spain	149584	136
9	11	Iese Business School	Spain	131890	138
9	9	MIT Sloan School of Management	U.S.A.	158387	121
11		Indian Institute of Management, Ahmedabad (IIMA)	India	174440	152
12	11	University of Chicago: Booth	U.S.A	151373	109
13	13	Indian School of Business	India	134406	187
14	14	IMD	Switzerland	145846	89
15	13	New York University: Stern	U.S.A.	138865	119
15	17	Yale School of Management	U.S.A.	146959	133
17	16	Ceibs	China	126315	155
18	15	Dartmouth College: Tuck	U.S.A.	155020	113
18	22	HEC Paris	France	122828	106
20	21	Duke University: Fuqua	U.S.A.	136563	107
21	19	Esade Business School	Spain	125346	128
21	21	Northwestern University: Kellogg	U.S.A.	143365	100
23		National University of Singapore School of Business	Singapore	100456	140
24	25	University of Michigan: Ross	U.S.A.	137189	104
25	28	University of California at Berkeley: Haas	U.S.A.	144790	87
26	21	University of Cambridge: Judge	U.K.	137199	101
27	21	University of Oxford: Saïd	U.K.	132905	102
28	35	SDA Bocconi	Italy	110186	123
29	34	Manchester Business School	U.K.	116100	111
30	33	Cornell University: Johnson	U.S.A.	140273	107
31	31	UCLA: Anderson	U.S.A.	137726	106
32	38	City University: Cass	U.K.	124006	90
33	28	Nanyang Business School	Singapore	104952	121
34	32	Cranfield School of Management	U.K.	132059	89
35	34	Australian School of Business: AGSM	Australia	123520	99
36	29	Rotterdam School of Management, Erasmus University	Netherlands	107969	91
37	36	Imperial College Business School	U.K.	115563	92
38	32	Emory University: Goizueta	U.S.A.	120835	105
38	39	Georgetown University: McDonough	U.S.A.	127539	108
40	42	University of Maryland: Smith	U.S.A.	110931	105
41	42	Carnegie Mellon: Tepper	U.S.A.	127078	100
41	31	Lancaster University Management School	U.K.	110526	95
41	33	University of Virginia: Darden	U.S.A.	130788	102
44	47	Rice University: Jones	U.S.A.	117812	104
44	52	Texas A & M University: Mays	U.S.A.	108435	116
46	51	University of Illinois at Urbana-Champaign	U.S.A.	102947	121
46	46	University of Toronto: Rotman	Canada	98760	87
46	47	University of Western Ontario: Ivey	Canada	104327	97
49	50	University of Texas at Austin: McCombs	U.S.A.	119298	93
49	51	York University: Schulich	Canada	87849	94
51	55	Vanderbilt University: Owen	U.S.A.	115194	105
52	49	University of Rochester: Simon	U.S.A.	111226	110
53	56	Melbourne Business School	Australia	111621	77
53	66	University of California at Irvine: Merage	U.S.A.	101495	113
55	70	Durham Business School	U.K.	101181	89
55	72	Vlerick Leuven Gent Management School	Belgium	105484	87
57		McGill University: Desautels	Canada	92937	97
58	46	Warwick Business School	U.K.	109311	66
59		Pennsylvania State University: Smeal	U.S.A.	110085	88
60	73	University of Cape Town GSB	South Africa	140896	76
61	84	Hult International Business School	U.S.A. / U.K. / U.A.E. / China	107079	87
62	51	University of North Carolina: Kenan-Flagler	U.S.A.	114650	88
63	75	Wisconsin School of Business	U.S.A.	106523	100
64	76	Arizona State University: Carey	U.S.A.	98862	96
64		Ipade	Mexico	96729	139
64	64	University of Iowa: Tippie	U.S.A.	92658	119
64	60	University of Southern California: Marshall	U.S.A.	116448	86
68	75	Birmingham Business School	U.K.	97119	87
68	62	Boston University School of Management	U.S.A.	104796	99
68		SP Jain Center of Management	Dubai / Singapore	81512	106
68	67	Thunderbird School of Global Management	U.S.A.	102984	98
72	73	Ohio State University: Fisher	U.S.A.	100191	95
73	63	Indiana University: Kelley	U.S.A.	112676	86
74	70	Boston College: Carroll	U.S.A.	111114	83
74	69	Purdue University: Krannert	U.S.A.	100252	94
74	55	University of Strathclyde Business School	U.K.	103801	87
77		Incae Business School	Costa Rica	89212	106
78	92	University College Dublin: Smurfit	Ireland	105354	72
78	81	Wake Forest University: Babcock	U.S.A.	108520	110
80	78	University of British Columbia: Sauder	Canada	88894	72
80	76	University of Notre Dame: Mendoza	U.S.A.	107914	101
80	71	University of South Carolina: Moore	U.S.A.	91297	93
83		University of California: Davis	U.S.A.	100875	93
84	91	Babson College: Olin	U.S.A.	113392	85
84		Eada	Spain	90881	86
86		College of William and Mary: Mason	U.S.A.	98238	102
86	77	University of Washington Business School: Foster	U.S.A.	107118	73
88	85	SMU: Cox	U.S.A.	103150	89
88	90	University of Edinburgh Business School	U.K.	102068	64
90	89	Bradford School of Management/TiasNimbas Business School	U.K. / Netherlands / Germany	84274	81
91	89	Brigham Young University: Marriott	U.S.A.	99557	102
92		Pepperdine University: Graziadio	U.S.A.	100000	103
93		University of Georgia: Terry	U.S.A.	101750	82
94		Leeds University Business School	U.K.	95498	70
94	78	University of Florida: Hough	U.S.A.	93317	85
96		Politecnico di Milano School of Management	Italy	74184	94
97		Georgia Institute of Technology	U.S.A.	105000	60
98		IAE Business School	Argentina	72797	82
99		Kaist College of Business	South Korea	98927	74
100		EM Lyon Business School	France	89246	53