September 8, 2010
 
 
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US News
Released Annually in April

Every year, US News gathers data from various sources to rank the Top Business Schools. All 406 Master"s Programs in business that are accredited by AACSB International were surveyed with 382 programs responding and 113 providing the data necessary to formulate the rankings. The rankings are current for 2008 and are comprised of the following three categories of which the weight is noted: Quality Assessment (40%), Placement Success (35%) and Student Selectivity (25%).

Quality Assessment is measured by a Peer Assessment Score (25%) and a Recruiter Assessment Score (15%). The peer assessment score asks business school deans and directors to rank programs accredited by AACSB on a scale of 1 to 5. The recruiter assessment score is based on the same ranking scale and is comprised of the rankings of corporate recruiters and company contacts who hire MBA graduates.

Placement Success measures the mean starting salary and bonus (14%) and employment rates for business graduates in full-time master's programs both at graduation and three months after graduation (21%).

Student selectivity takes into account the mean GMAT score (16.25%) and undergraduate GPA (7.5%) of students entering a full time program in fall 2006 as well as acceptance rates for fall 2006 (1.25%).

Source: US News

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

Please note that a school's rank reflects the number of schools that sit above it; if three schools are tied at 1, the next school will be ranked 4, not 2. Tied schools are listed alphabetically.

 

Pros and Cons

Pros:

  • The Peer Assessment Score is not included in other rankings and is information directly from those who are arguably the most knowledgeable regarding business schools.
  • The US News ranking is largely considered to be the most respected of the rankings available.
  • The ranking isn't only based on subjective information, but also includes statistical information that is reflected in the Student Selectivity rating.

Cons:

  • Numerous programs are tied in this ranking making it hard to truly differentiate between the top 20 schools.
  • No student surveys are included, and therefore no firsthand student experiences are taken into account.

 

 
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