Choosing the right MBA program?

I am planning to study for part-time MBA program. Living in toronto, i am interested in these 3 schools, schulich (york), rotman (UfT) & Ryerson MBA. I have found that ryerson mba is lot cheaper & course finishes in 2 yrs when others are expensive and takes more than 3+ yrs.

The cons of ryerson is that it began mba program 1 yr or 2 yrs back, which leaves very few ranking info abt the program and/or job details of past students,

Does ranking really matters?

this is the course details of ryerson mba:

http://www.ryerson.ca/graduate/programs/business_administration/mba.courses.html

please comment on this course…