My top ten reasons for reversal of the grade disclosure policy at ISB are as follows:
10) Most employers outside of Consulting and Banking firms dont really care about grades.
9) Disclosure of grades leads to greater competition among the students and it hinders the promotion of teamwork. In fact, as part of my research on ISB, I called a former classmate of mine (a current ISB student) and she told me that the atmosphere at ISB is very competitive which actually made me feel sad. MBA to me should be more collaborative than competitive.
8) Students might start taking courses that they know they are comfortable with to maintain high grades. They might stop experimenting and start taking easy classes which hinders their overall growth.
7) Grades do not prove how smart or dumb you are. There is more to an MBA program than getting great grades. Getting admitted to a top MBA program proves that you were not dumb in the first place.
6) As a former ISB graduate commented during his recruitment season, "It is clearly emerging that grades and being studious do not have a great correlation with getting good jobs (except consulting jobs). Many of the interviews are personal interviews and have had minimal technical content. Given this, being good at interpersonal skills and peaking when it is required is quite critical. Sitting in the rooms to study all the time will obviously not make one develop interpersonal skills."
5) Dean's list should provide adequate motivation to the students.
4) Professors have different standards for grading people. This will probably cause some variation in grades especially during the last 4 terms.
3) Students from non-traditional backgrounds might not perform as well as their peers from traditional (read engineering) backgrounds in quantitative subjects and this might put them at a disadvantage during recruitment.
2) Grades do not predict future work performance.
1) I suck at studying and will never be getting top grades. My excuse, "I study smart, not hard", worked fine during my undergrad and masters, but will not prevail at ISB.