From a post I found on B-Week. My posted reply is included below.
Two researchers from University of Texas has just released ranking of the business schools according to research Productivity of faculty. More information is available at http://citm.utdallas.edu/utdrankings/
Top 10 list ...
The UTD top 100 North American Rankings of Business Schools based on Research Contribution 2000-2005 (All Journals).
Rank University Number of Articles Score
1 University of Pennsylvania (The Wharton School) 292 177.32
2 Harvard University (Harvard Business School) 164 106.46
3 New York University (Leonard N. Stern School of Business) 177 98.18
4 Columbia University (Columbia Graduate School of Business) 162 92.77
5 Massachusetts Institute of Technology (Sloan School of Management) 151 91.77
6 University of California at Los Angeles (UCLA Anderson School of Management) 141 88.17
7 Stanford University (Graduate School of Business) 138 81.39
8 University of Chicago (Graduate School of Business) 129 81.08
9 Northwestern University (Kellogg School of Management) 131 79.67
10 University of Michigan at Ann Arbor (Ross School of Business) 138 78.75
My Undergraduate school was known for it's extensive research background. In fact, they spend 70% of their finance budget on research. The national ranking of the school has grown quite rapidly over the last 20 years as a result. More than 40 slots in fact and 3 Nobel prize profs are there now. However, the teaching just plain sucks. The profs clearly know their stuff, but what good is the education from profs who are judged more on their research than how well they teach students?
I think the bigger picture question here is on how profs are weighed in on how much that research determines their salaries, promotions, teaching status and performance reviews versus their quality of teaching with students? I don't care about their research background if they can't teach. I believe top Business Schools take the quality of their teaching staff in educating students very seriously.
The survey is interesting and I do believe profs should work on research in a balanced level with how much they focus on educating. To be more clear... I'm making a big distinction between teaching and educator. Teachers pontificate. Educators make the material an experience of learning.