The difference is not just that they have nice projectors. The better schools have better professors, better students, better educational experience and better alumni

I too agree that the better schools have better professors as they are better paid and so the fees is higher.
Everything comes with a cost associated. And then depends on individuals goals as to be employed or self-employed.

It's not a question of *bias* but *task*. The FT MiM ranking is designed for MSc in management. Any ranking which only mentions undergraduate schools (for example, does not list London Business School) is designed to rank undergraduate schools.

It would be nice if Loughborough published post-MSc and post-MBA career statistics, like many other business schools do - it would make it a bit more transparent for potential applicants.