September 8, 2010
 
 
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Forbes
Released Biennially in August

Using information from surveys sent to 18,500 alumni from 102 MBA programs, Forbes produces a biennial ranking (from information given by the graduates of 2002) that takes into consideration the following: return on investment, specifically compensation five years after graduation minus tuition and forgone salary during time in school, and what students would have expected to make had they remained in their jobs prior to Business School. For the U.S. ranking, only two year programs are eligible.

Source: Forbes

2007 Full Time Student Rankings
Rank
School
Location
1
Dartmouth (Tuck)
NH
2
Stanford Graduate School of Business
CA
3
Harvard Business School
MA
4
University of Virginia (Darden)
VA
5
University of Pennsylvania (Wharton)
PH
6
Columbia
NY
7
University of Chicago
IL
8
Yale
CT
9
Northwestern (Kellogg)
IL
10
Cornell (Johnson)
NY
11
NYU (Stern)
NY
12
Duke (Fuqua)
NC
13
UC Berkeley (Haas)
CA
14
Univeristy of Texas - Austin (McCombs)
TX
15
UNC - Chapel Hill (Kenan-Flager)
NC
16
Iowa (Tippie)
IA
17
MIT (Sloan)
MA
18
Brigham Young (Marriott)
UT
19
Michigan State (Broad)
MI
20
Carnegie Mellon (Tepper)
PA

 

Pros and Cons

Pros:

  • This is a straightforward ranking that only takes into account the value of the investment of business school.
  • Forbes also notes the salary one relinquishes during a MBA program.

Cons:

  • Forbes takes into consideration an individual's salary prior to business school and the consequential increase; however, it does not take into account the range of fields that MBA graduates from specific schools enter into upon completion of their degree. Certain fields like consulting and finance by and large offer higher salaries in comparison to fields such as healthcare.
    • "Schools that send their graduates into high-paying industries such as investment banking and consulting will probably do better in our raking than those who send students into marketing or some other discipline." - Kurt Badenhausen, Forbes

 

 
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