Showing posts with label mba rankings. Show all posts
Showing posts with label mba rankings. Show all posts

Tuesday, April 8, 2008

MBA schools in Americas!


Americas Business Schools list
Schools Location and University

A lot of thought and strategy has to be applied before entering a business school in USA.Will it give you the right business career!well you have to think in terms of fees applicable and the gain from it.Is the business school placing you with the right companies.What is the record of these school in placing candidates for their first job?
A list for you to research and decide !
1.CONCORDIA UNIVERSITY (canada) http://www.concordia.ca/
2.RICHARD IVEY SCHOOL OF BUSINESS (Canada ) http://www.ivey.uwo.ca/
3.OF TORONTO (Canada) http://www.rotman.utoronto.ca/
4.YORK UNIV ( Canada) http://www.yorku.ca/
5.INSTITUTO PANAMERICANO ALTA DIREC EMPRES (Mexico) www.ipade.mx
6.IPADE BUSINESS SCHOOL (MEX) www.ipade.mx/
7.NATL POLYTECHNIC INST (Mexico ) (web address??
8.DE ALTOS ESTUDIOS DE LA MODA (Peru) http://www.caen.edu.pe/
9.ADELPHI UNIVERSITY (US) www.adelphi.edu
10.ALABAMA STATE UNIVERSITY (US) http://cobanetwork.com
11.AMERICAN INTERCONTINENTAL UNIVERSITY (US) http://www.aiula.com
12.AMERICAN UNIVERSITY (US) http://kogod.american.edu
13.ARIZONA STATE UNIVERSITY (US) http://wpcarey.asu.edu/mgt/
14.INTL UNIVERSITY (USA) www.aiu.edu/
15.AUBURN UNIVERSITY (USA) www.auburn.edu/
16.AUSTIN COLLEGE (USA) www.austincollege.edu
17.BABSON COLLEGE (USA) www.babsoninsight.com
18.BAKER COLLEGE (USA) www.baker.edu
19.BANK STREET COLLEGE OF EDUCATION (USA) www.bankstreet.edu
20.BASTYR UNIVERSITY www.bastyr.edu
21.BAYLOR UNIVERSITY/HANKAMER SCHOOL OF BUSINESS http://business.baylor.edu/
22.BELLEVUE UNIVERSITY http://www.bellevue.edu/
23.BOSTON UNIVERSITY http://management.bu.edu
24.BRANDEIS UNIVERSITY http://www.brandeis.edu/
25.BRETON INTL INC http://www.capebretonu.ca/
26.BREVARD COLLEGE CORP www.brevard.edu
27.BROOKINGS INSTITUTION www.bro okings.edu
28.BROWN UNIVERSITY http://www.brown.edu/
29.BRYANT UNIVERSITY www.bryant.edu
30.BRYN MAWR COLLEGE www.brynmawr.edu
31.CALIFORNIA COAST UNIVERSITY www.calcoast.edu/
32.CAMBRIDGE COLLEGE INC-BS www.cambridgecollege.edu/
33.CAPE FEAR COMMUNITY COLLEG FNDN INC http://cfcc.edu/
34.CAPELLA EDUCATION CO http://www.capella.edu
35.CARNEGIE MELLON UNIVERSITY http://www.cmu.edu/
36.CASE WESTERN RESERVE UNIVERSITY http://weatherhead.cwru.edu/
37.CENTER FOR CREATIVE LEADERSHIP US http://www.ccl.org/
38.CENTURY UNIVERSITY www.centuryuniversity.edu
39.CFA INSTITUTE (USA) http://www.cfainstitute.org/
40.CHAPMAN UNIVERSITY http://www.chapman.edu
41.CLARION UNIVERSITY www.clarion.edu/
42.COLLEGE OF WILLIAM AND MARY http://mba.wm.edu/
43.COLORADO COLLEGE www.coloradocollege.edu
44.COLORADO STATE UNIVERSITY www.biz.colostate.edu
45.COLUMBIA BUSINESS SCHOOL www.gsb.columbia.edu
46.COLUMBIA COLLEGE CHICAGO INC-CH www.colum.edu/
47.COLUMBUS UNIVERSITY www.columbusu.com/
48.CONCORD UNIVERSITY SCHOOL OF LAW US https://exam.concordlawschool.com
49.CONCORDIA COLLEGE US http://www.cord.edu
50.CORNELL UNIVERSITY US www.cornell.edu
51.DAEMEN COLLEGE INC www.daemen.edu
52.DEAN COLLEGE US www.dean.edu/
53.DEPAUL UNIVERSITY http://education.depaul.edu/
54.DEVRY INC http://www.keller.edu/
55.DREXEL UNIVERSITY http://www.drexel.edu/
56.DUQUESNE UNIVERSITY HOLY GHOST http://www.business.duq.edu/
57.CAROLINA UNIVERSITY http://business2.ecu.edu/
58.EAST WEST INSTITUTE www.ewi.info
59.EDUCATION MANAGEMENT CORP www.edmc.com/
60.EMBRY-RIDDLE AERONAUTICAL UNIVERSITY http://www.erau.edu/
61.FARLEIGH DICKINSON UNIVERSITY http://www.view.fdu.edu
62.FISHER COLLEGE OF BUSINESS http://www.fisher.osu.edu
63.FORDHAM UNIVERSITY INC www.ecampus.fordham.edu
64.FUQUA SCHOOL OF BUSINESS http://www.duke.edu/
65.GEMOLOGICAL INST OF AMERICA INC http://www.gia.edu
66.GEORGE MASON UNIVERSITY http://www.som.gmu.edu
67.GEORGE WASHINGTON UNIVERSITY http://www.gwu.edu/
68.GEORGETOWN UNIVERSITY www.georgetown.edu/
69.GEORGIA STATE UNIVERSITY www.robinson.gsu.edu
70.GILDER LEHRMAN INST OF AMERICAN HISTORY http://www.gilderlehrman.org
71.GOIZUETA BUSINESS SCHOOL http://goizueta.emory.edu
72.GUILFORD COLLEGE http://www.guilford.edu/
73.HAMPTON UNIVERSITY http://www.hamptonu.edu/
74.HARVARD BUSINESS SCHOOL http://www.hbs.edu
75.HARVARD LAW SCHOOL http://www.law.harvard.edu/
76.HAWAII PACIFIC UNIVERSITY www.hpu.edu
77.HIGH POINT UNIVERSITY http://www.highpoint.edu
78.HIM US http://www.cba.hawaii.edu/
79.HOFSTRA UNIVERSITY http://www.hofstra.edu/
80.HOWARD UNIVERSITY http://www.bschool.howard.edu/
90.HUMBER COLLEGE www.humber.ca/
100.IACOCCA INSTITUTE/CHINESE UNIV OF HK http://www.iacocca-lehigh.org/
101.ICWE INSTITUTE http://www.rawlscollege.ba.ttu.edu/default.asp
102.INDIANA STATE UNIVERSITY http://www.indstate.edu/
103.INDIANA UNIVERSITY www.kelley.indiana.edu/
104.INST OF REAL ESTATE MANAGEMENT http://www.irem.org/
105.INTERNATIONAL UNIVERSITY OF AMERICA US http://www.tiua.edu/
106.IONA COLLEGE www.iona.edu
107.JOHNS HOPKINS UNIVERSITY http://www.press.jhu.edu/
108.JOHNSON & WALES UNIVERSITY http://www.jwu.edu/business/
109.KELLOGG JL SCHOOL OF MANAGEMENT www.kellogg.northwestern.edu
110.KENNESAW STATE UNIVERSITY http://coles.kennesaw.edu
111.LEONARD N STERN SCHOOL OF BUSINESS US http://w4.stern.nyu.edu
112.LESLEY UNIVERSITY (USA) US http://www.lesley.edu/
113.LIBERTY UNIVERSITY (USA) http://www.liberty.edu/
114.LINCOLN EDUCATIONAL SVCS CORP http://www.lincolneducationalservices.com
115.LIVINGSTONE COLLEGE INC http://www.livingstone.edu/
116.LONG ISLAND UNIVERSITY http://www.liu.edu/liu_start.html
117.LOUISIANA STATE http://www.lsu.edu/
118.LOYOLA MARYMOUNT http://www.lmu.edu
119.MADISON UNIVERSITY US http://www.madisonu.com/
120.MANHATTAN COLLEGE CORP http://www.manhattan.edu/
121.MANHATTANVILLE COLLEGE US http://www.mville.edu/
122.MARYLAND STATE UNIVERSITY US http://www.smith.umd.edu/
123.MARYMOUNT UNIVERSITY INC US http://www.marymount.edu/
124.MASSACHUSETTS INSTITUTE OF TECHNOLOGY http://mitsloan.mit.edu/
125.MBA UNIVERSITY US http://www.news.uiuc.edu/
126.MERCY COLLEGE INC-NY http://mercy.edu/
127.METROPOLITAN COLLEGE OF NEW YORK http://www.metropolitan.edu/
128.METROPOLITAN STATE COLLEGE OF DENVR http://www.mscd.edu/
129.MICHIGAN STATE UNIVERSITY http://www.bus.msu.edu/
130.MICHIGAN TECHNOLOGICAL UNIVERSITY www.mtu.edu/
131.MINNESOTA STATE UNIVERSITY www.mnsu.edu
132.Master of Science in Manufacturing Leadership (RIT) http://www.rit.edu/
133.MONROE COLLEGE http://www.monroecollege.edu/
134.MOORE SCHOOL OF BUSINESS www.mooreschool.sc.edu
135.MOREHOUSE COLLEGE INC www.morehouse.edu
136.NASSAU COMMUNITY COLLEGE (USA) http://www.sunynassau.edu/
137.NEW JERSEY INST OF TECHNOLOGY http://management.njit.edu/
138.NEW JERSEY STATE UNIVERSITY http://gradstudy.rutgers.edu/
139.NEW SCHOOL UNIVERSITY http://www.newschool.edu/
140.NEW YORK INSTITUTE OF TECHNOLOGY www.nyit.edu
141.NEW YORK STATE UNIVERSITY http://www.suny.edu
142.NORTH CAROLINA STATE UNIVERSITY http://mba.ncsu.edu/
143.NORTHWEST NAZARENE UNIVERSITY http://www.nnuschoolofbusiness.com/
144.NORWICH UNIVERSITY http://www.norwich.edu/
145.NOVA SOUTHEASTERN UNIVERSITY INC www.nova.edu
146.OLIN SCHOOL OF BUSINESS http://www.olin.wustl.edu/
147.PACE UNIVERSITY www.pace.edu
148.PENN STATE UNIVERSITY http://www.gradsch.psu.edu/
149.PEPPERDINE UNIVERSITY http://bschool.pepperdine.edu/
150.PHILADELPHIA UNIVERSITY www.philau.edu
151.POLYTECHNIC UNIVERSITY http://schools.gradschools.com/
152.POMONA COLLEGE http://www.pomona.edu/
153.PRATT INST http://www.pratt.edu/
154.PRESCOTT COLLEGE http://www.prescott.edu/
155.PRESTON UNIVERSITY http://www.preston.edu/
156.PRINCETON UNIVERSITY http://gso.princeton.edu/
157.PURDUE UNIVERSITY www.purdue.edu
158.QUINNIPIAC UNIVERSITY http://www.quinnipiac.edu/
159.RANDOLPH-MACON WOMANS COLLEGE http://www.rmwc.edu
160.REGENT UNIVERSITY http://www.regent.edu
161.REGIS UNIVERSITY (USA) www.regis.edu
162.RENAISSANCE SCHOOL-NY http://www.renaissanceschool.org/
163.RENSSELAER (USA) http://www.rpi.edu/
164.RICE UNIVERSITY http://jonesgsm.rice.edu/
165.RICHMOND COLLEGE http://oncampus.richmond.edu/academics/business/
166.RIDER UNIVERSITY www.rider.edu
167.ROCKEFELLER UNIVERSITY www.rockefeller.edu/
168.ROWAN UNIVERSITY www.rowan.edu/
169.SACRED HEART UNIVERSITY http://business.sacredheart.edu/
170.SAE INST OF TECHNOLOGY US (web address?)
171.SARAH LAWRENCE COLLEGE www.slc.edu
172.SAVANNAH STATE UNIVERSITY http://coba.savstate.edu/
173.SCHILLER UNIVERSITY www.schiller.edu
174.SETON HALL UNIVERSITY http://www.shu.edu/
175.SKIDMORE COLLEGE www.skidmore.edu
176.SOUTH CAROLINA STATE UNIVERSITY US http://www.scsu.edu/
177.SOUTHERN NEW HAMPSHIRE UNIVERSITY US http://www.snhu.edu/
178.SOUTHERN UNIVERSITY SYSTEM US http://www.sus.edu/
179.ST EDWARDS UNIVERSITY INC US www.stedwards.edu
180.ST GEORGES UNIVERSITY US www.sgu.edu
181.ST JOHNS COLLEGE US http://new.stjohns.edu
182.ST JOSEPHS COLLEGE-NY http://www.sjcny.edu/
183.ST LOUIS UNIVERSITY www.slu.edu
184.STANFORD GRADUATE SCHOOL OF BUSINESS http://www.gsb.stanford.edu/
185.STOCKTON COLLEGE OF NEW JERSEY http://graduate.stockton.edu/
186.HALL UNIVERSITY http://www.shu.edu/
187.SUFFOLK UNIVERSITY www.business.suffolk.edu
188.TENNESSEE STATE UNIVERSITY http://www.tnstate.edu/
189.TERRY COLLEGE OF BUSINESS http://www.terry.uga.edu/
190.TEXAS SOUTHERN UNIVERSITY http://www.tsu.edu/
191.TEXAS STATE UNIVERSITY SAN MARCOS www.txstate.edu
192.THUNDERBIRD AMER GRAD SCH OF INTL MGT http://www.thunderbird.edu/
193.TOURO COLLEGE www.touro.edu
194.TRINITY UNIVERSITY http://www.trinity.edu/
195.TRUSTEES OF TOUGALOO COLLEGE http://www.tougaloo.edu/
196.TUCK SCHOOL OF BUSINESS http://tuck.dartmouth.edu/
197.TULANE UNIVERSITY OF LOUISIANA http://business.tulane.edu/
198.TUSKEGEE UNIVERSITY www.tuskegee.edu/
199.UNIVERSITY OF ARIZONA http://www.eller.arizona.edu/
200.UNIVERSITY OF BRITISH COLUMBIA US http://www.sauder.ubc.ca/
201.UNIVERSITY OF CALIFORNIA http://www.haas.berkeley.edu/
202.UNIVERSITY OF CHICAGO http://chicagogsb.edu
203.UNIVERSITY OF CONNECTICUT http://www.uconn.edu/
204.UNIVERSITY OF DENVER http://www.daniels.du.edu/
205.UNIVERSITY OF HOUSTON www.bauer.uh.edu
206.UNIVERSITY OF IOWA (CHN) US http://www.uiowa.edu/
207.UNIVERSITY OF MARYLAND UNIV COLLEGE https://www.umuc.edu/
208.UNIVERSITY OF MIAMI http://www.miami.edu/
209.UNIVERSITY OF MICHIGAN http://www.bus.umich.edu/
210.UNIVERSITY OF MINNESOTA http://carlsonmba.csom.umn.ed/
211.UNIVERSITY OF NORTH CAROLINA www.kenan-flagler.unc.edu
212.UNIVERSITY OF NORTHEASTERN MA www.cba.neu.edu/
213.UNIVERSITY OF OREGON http://lcb.uoregon.edu/
214.UNIVERSITY OF PENNSYLVANIA www.wharton.upenn.edu
215.UNIVERSITY OF PHOENIX http://www.educause.edu/
216.UNIVERSITY OF PITTSBURGH http://www.katz.pitt.edu/
217.UNIVERSITY OF RICHMOND http://oncampus.richmond.edu/
218.UNIVERSITY OF ROCHESTER http://www.ssb.rochester.edu/
219.UNIVERSITY OF SAN DIEGO www.sandiego.edu
220.UNIVERSITY OF SOUTHERN CA http://www.marshall.usc.edu/
221UNIVERSITY OF ST THOMAS http://www.stthomas.edu/
222.UNIVERSITY OF TEXAS http://www.mccombs.utexas.edu/
223.UNIVERSITY OF THE VIRGIN ISLANDS http://www.uvi.edu/
224.UNIVERSITY OF VIRGINIA www.darden.virginia.edu
225.UNIVERSITY OF WISCONSIN-MADISON http://communities.madison.com/
226.UNIVESITY OF NEBRASKA-LINCOLN (USA) http://www.unl.edu/
227.UPPER IOWA UNIVERSITY www.uiu.edu
228.VIRGINIA COMMONWEALTH UNIVERSITY www.gsib.bus.vcu.edu
229.VIRGINIA POLYTECHNICAL INST & ST UN US http://www.cob.vt.edu/
230.VIRGINIA STATE UNIVERSITY http://www.vsu.edu/
231.WAGNER COLLEGE www.wagner.edu
232.YALE UNIVERSITY http://mba.yale.edu/
233.YESHIVA UNIVERSITY ( SYMS SCHOOL OF BUSINESS) http://www.yu.edu/sysyms/

Saturday, April 5, 2008

Is MBA degree worth it?

A MBA graduate's account of his MBA aspirations.
Each month when I make a payment on the student loan I took out to get an M.B.A. degree, I wonder if going to graduate business school was the right decision. My wife and I are struggling to raise two small children, and I think about what we could do with the money if we weren't making the loan payment. I think, too, about all the money I could have earned if I had attended school part time instead of full time. Perhaps the way I attended was wrong, too.
I feel certain that I blew it when I read the advice of personal-finance columnists. They nearly always say to not give up your job or income entirely. After reading their suggestions, I tell myself I should have kept working and forgone the degree. But I resent these experts, because they also say that having children isn't a wise financial strategy. Clearly, we have different values. At any rate, here's my full accounting of why I went to b-school, why I attended full time, what I expected from the degree, what I got, and how this decision has affected my life.
Why I Went?
When I decided I wanted to get an M.B.A., I simply was ready for a change -- a big one. My career had consisted of a series of mildly related jobs and then self-employment. When I sought work, most employers couldn't figure out what I was qualified to do, and I wasn't interested in the jobs that seemed most obvious for me. I wanted a break from working for myself.
Attending graduate school had been a goal of mine, but I didn't know what to study. I wanted to show I was smarter than my mediocre undergraduate grade-point-average would indicate. My grades had suffered due to my overinvolvement in extracurricular activities (only some of which involved alcohol -- really!). I wanted to prove I could shine academically. One day, it struck me. I loved business. I would go to business school. Funny thing, my future earnings potential wasn't a factor in my decision.
Full Time vs. Part Time?
My biggest concern about attending graduate business school was a seeming lack of aptitude for numbers. Would I be able to handle quantitative work? Since my goals were to learn as much as I could and to be successful academically, I thought attending full time would be best. My wife and I were ready for the adventure, so, with her blessing, full time it was.
A few months into school, I was glad I made this choice. I could see that the part-timers weren't getting as much out of the program as we full-timers. We took the same classes, but they were less present. They were often tired and unfocused. On teams, they were less valuable than the full-timers, regardless of their age or experience. They were busy trying to survive going to school while holding down a job, not maximize their learning.
I was less prescient on the financial side. While I had qualified for an academic scholarship, that didn't mean I had brains enough to recognize that living and opportunity costs would be such big drains. (Actually, I probably ignored these issues so the decision would be easier. From a purely financial standpoint, it might not have been justifiable.) So, by graduation, I was $55,000 in debt, and we had little savings. Debt, like body weight, is best managed preventatively; it's easier to never put it on than it is to take it off. We didn't sacrifice much while I was in school. Perhaps we should have.
I expect to be paying off this debt until 2011. Still, bottom line, I'm glad I went full time. Although I hate making those loan payments, it was probably a wise financial decision. I earned twice as much in my first job after business school as I'd earned in my most recent salaried position before b-school. Unless I decide to give up business and make pottery, getting the degree should continue to make sense financially.
What I Expected ?
I expected the M.B.A. to compensate for gaps in my experience and allow me to compete for senior-management opportunities. I also thought my opinions would be more respected and have more clout and that I'd grow a lot. I'd learn new things, integrate them with what I already knew and confirm many business assumptions. This would give me new confidence. When competing for jobs or business, I wouldn't have to fear competitors who'd worked for big companies.
I thought an M.B.A. would make me more marketable because potential employers would see a link between my skills, abilities and potential. Finally, as a result of these gains, I expected to have more earning power.
All these expectations were realized. I would not have been considered for my first two post-M.B.A. jobs without the degree. Many equally gifted yet less educated people are stuck in lesser jobs because they're not perceived as executive material, while I've landed two executive jobs without having executive experience. There's no doubt that I'm more marketable and can generate a higher salary now. (One caveat: Personal traits like charm and experience figure heavily in post-M.B.A. success. If you're a troll before you get an M.B.A., you won't be Jack Welch after graduation -- you'll be a troll with an M.B.A.)
Where my degree has paid off most is in problem solving and critical thinking. My analytical and problem-solving abilities are so improved that my pre-M.B.A. approach seems laughable by comparison. I had been a voracious reader of business books prior to b-school, but reading clearly isn't a substitute for classroom interaction, for me, at least.
In fact, I'm shocked by how few businesspeople know how to think critically. Those with sound, well-structured analytic ability often don't know or can't apply specific business tools or methods to the situation. It's one thing to read about a technique and another thing to be able to apply it.

What I Didn't Expect?
Since I always thought of myself as a Renaissance man, I'm startled when people believe I'm capable of performing in some select, specific capacities simply because I have an M.B.A. I suppose career evolution requires some specialization, but being pigeonholed in this way makes me uncomfortable. It once amused me to learn that some academics delete their Ph.D.s from their resumes so employers will hire them. Now I understand. Specialization is empowering only to the extent that it doesn't trap you. I'm thankful that business skills are transferable. What if I had an medical degree and wanted to switch fields? Some doctors I know feel totally stuck and believe they will never do anything but practice medicine.

I didn't expect that business executives' luster would fade as the country learned about corporate scandals, executive greed and excesses, and gross mismanagement. To make matters worse, recent research suggests that the best leaders aren't flashy, theatrical charismatics, such as Jack Welch or Lee Iacocca, whom I aspire to emulate, but rather the boring, methodical bean counters whom I don't admire (I can't even name one because they're so anonymous). I joined the M.B.A. ranks, in no small part, for the limelight.

I also didn't think the market for M.B.A.s would cool. I got my degree when the demand curve was peaking; my value has fallen with that curve. I wonder what the next hot degree will be.

Finally, I didn't expect to feel animosity from others or to feel embarrassed personally for being more educated, or to be perceived as arrogant because I have an advanced degree and am confident about my thinking and reasoning.

So Was It Worth It?

One reason I wrote this column is because so many people believe that going to b-school for an M.B.A. is primarily an economic decision. I don't agree. I think you should get an M.B.A. because you want to.

I also have not seen many articles about how M.B.A.s feel about their degrees 10 or 20 years later. I'm glad to say that most days, I think it was a good decision for me. I really enjoyed b-school, and I graduated with high honors. I realized all my expectations. In the big picture, the things I didn't expect are less important.
And, most importantly, I discovered I can assimilate new information quickly, even when it's coming from a fire hose, and that I can compete quantitatively with most people. This gives me a deep and secure confidence in my ability to tackle any business problem, and that's priceless.
-- Jack Thomas is the pen name of a 40-something C-level executive.

Wednesday, April 2, 2008

MBA schools in recession time!

Is a recession looming? The U.S. Federal Reserve certainly appeared to fear so when, in January, it chopped first a three-quarter point and then a half point off interest rates, spooked by a slumping housing market and a series of other poor economic indicators.
Going down: How can investors avoid a fall?
We might well avoid mass unemployment and soup kitchens on the streets, but it certainly seems that the recent good times of bull markets and ever-rising property values are over for a while, certainly in the United States and also, most likely, in many other countries.
So what is a company -- and still more pertinently, the humble individual investor -- supposed to do? Luckily, help is at hand from leading business schools, which, it could be argued, must earn their reputations all the more keenly in these leaner times.A collection of experts gathered together by the University of Pennsylvania's highly-rated Wharton school has one, overriding piece of advice for small investors in research just compiled: Don't panic.
Amid all the conflicting theories about selling equities to get into bonds, commodities or even cash, the assembled gurus urged the worried investor to hold tight and presume that their stocks will, over the longer term, continue to beat bonds, let alone inflation, in performance.
"I'm highly skeptical about the ability of most investors to predict turning points," he said.
"I think most people would be best served by staying with their strategic allocations and rebalancing if market moves have taken them too far from their targets. Sorry, but it's perfectly standard advice."Even if a U.S. recession is looming, noted Richard Marston, another finance professor at the school, it remains risky to try and avoid a downturn by exiting equities, cashing them in before returning when the market has bottomed out.
"In order to be successful in shifting towards cash and then back to stocks, we must first be able to determine whether we are indeed going into a recession," he said. "We won't know that until about 12 to 18 months after the recession begins."
FT MBA Rankings
1. Wharton, U.S.
2. London Business School, UK
3. Columbia, U.S.
4. Stanford GSB, U.S.
5. Harvard, U.S.
6. Insead, France/Singapore
7. MIT: Sloan, U.S.
8. IE Business School, Spain
9. University of Chicago GSB, U.S.
10. University of Cambridge: Judge, UK
Source: Financial Times 2008
Even assuming this, the investor "would need to know when to leave the market and when to enter it," he added. "Markets usually start falling prior to the start of the recession, but the lead time is variable over time. Over the last nine recessions, the lead time has varied from one to 13 months."
On the professional side, Jack Bogle, founder of mutual fund company the Vanguard Group, agrees that predicting market moves is a perilous business -- even though he puts the likelihood of a U.S. recession at 75%, mainly due to depressed housing prices hitting other spending.
"The consumer, of course, is king, creating about 70 percent of our GDP," he said. "I think we're in for one of the more significant economic storms of the last 30 years."
So, what to do? You guessed it, sit tight.
"First, understand that the stock market is a giant distraction to the business of investing," Bogle said."Don't do anything. That will probably be painful but it probably would be better than trying to guess when to get out."
Info taken from: Peter walker(CNN)