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Purpose

The paper seeks to describe the rationale behind the Financial Times business school rankings and some of the problems inherent in developing and publishing them.

Design/methodology/approach

The rationale behind the Financial Times business school rankings is discussed, as are the ways in which business schools use the rankings.

Findings

Business schools have an ambivalent relationship to business schools rankings, openly criticising them but using favourable aspects of the rankings in their schools' marketing.

Originality/value

Business school rankings are probably here to stay. Most business schools are developing ways of using them for their own purposes.

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