<p>I think BalletGirl makes a valid point. However, I do not agree with her analysis of the statistics. True, Dartmouth does not appear on that list as a school that sends a lot of students to PhD programs. But this doesn’t say Dartmouth has poor graduate placement. What this really says is something about the character of the school: it appears that many of the students take their classes–maybe a few go to get an MBA and then most of them go off to practice in the actual field of business; but PhD’s are not the priority of many of these students. As many know, Dartmouth has a reputation for turning out tons of businessmen and few businessmen–the Fiske Guide even says that. So, in the most basic sense, I think all those stats say is that PhD programs are not a priority of Dartmouth students–and this reflects more on the character of the students (ready to pursue the practical hands on business, not so interested in dabbling in the theoretical or getting a PhD so that they can teach) than the Economics major itself.</p>