A Critical Review of Quacquarelli Symonds (QS) and Business School Ranking Mechanisms: Assessment for Educational Policy Reforms

Abstract

Business school rankings provide valuable insights for prospective students and employers, helping them make informed decisions about education and talent acquisition. This study critically analyses the process and mechanism of the world university ranking, especially for the business school ranking. It provides a good insight for policymakers to consider and incorporate the concerns in their policies. This research introduces a novel perspective by dissecting the evolving dynamics of business school rankings, unearthing fresh insights to inform policy decisions and shape the future of business education. It also incorporated structured interviews to more detail comprehend the phenomenon of interest. The study adopted purposive sampling to select respondent and collect their insights. This study offers a unique perspective on the complicated world of business school rankings, dissecting the process and mechanisms, and brings fresh insights essential for policy considerations and the evolution of business education. The study proclaims that ranking should not only be based on observable indicators but also consider their contribution to society. It pioneers a critical analysis that benefits prospective students and employers and provides a novel framework for policymakers to address pertinent concerns in their decision-making processes.