In the realm of higher education, business schools play a vital role in shaping the leaders and entrepreneurs of the global economy. With the increasing demand for skilled business professionals, the evaluation of the quality of education offered by business schools has become paramount. Global ranking parameters have emerged as influential tools in assessing the performance and reputation of these institutions. This study explores the complex interplay between global ranking parameters and quality assurance in business schools, aiming to understand how these parameters impact strategies, practices, and resource allocation within these institutions. By examining the consequences of prioritizing global ranking parameters on educational quality and gathering stakeholder perspectives, this research provides insights into the dynamics of modern business education. The study's significance lies in informing educators, administrators, policymakers, and stakeholders about the alignment of higher education with the demands of the business world.