U.S. News 2005 MBA Rankings

<p>The most accurate rankings I have seen:</p>

<p>1 - Harvard
2 - Stanford
3 - Penn
4 - MIT
5 - Northwestern
6 - Columbia
- Chicago
8 - UC-Berkeley
9 - Dartmouth
10 - U. Michigan-Ann Arbor
11 - Duke
12 - UCLA
- UVA
14 - Cornell
- NYU
- Yale
17 - Carnegie Mellon
18 - U. Southern California
19 - Emory
- Ohio State
21 - U. Minnesota-Twin Cities
- U. North Carolina-Chapel HIll
23 - Indiana-Bloomington
- Texas A&M-CollegeStation
- U. Illinois-Urbana-Champaign
- U. Texas-Austin
27 - Purdue-West Lafayette
- U. Washington
29 - Arizona State-Main Campus
- Michigan State
- U. California-Davis
- U. Notre Dame</p>

<p>If I were doing the rankings, I would move Northwestern, Berkeley, and Michigan a few notches lower. I would probably make Columbia 5th, Darthmouth 8th, and UVA 10th.</p>

<p>Northwestern and Michigan lower? The USNWR is as low as it gets for those two programs. Kellogg is usually ranked anywhere between #1 and #4 by most other rankings. Michigan is usually ranked anywhere between #1 and #9 in most other rankings. Dartmouth cannot be ranked #8 because it is not one of the top 8. The top 7 are correct, though not necessarily in the right order and the only other university that belongs in the top 8 is Michigan. </p>

<p>As for Haas, I agree, it is ranked a little high. Haas belongs out of the top 10.</p>

<p>Business Week is just as accurate as USNWR. They too have 7 of the top 8 correct (Cornell and MIT is their only mistakes). I think combining the Business Week ranking with the USNWR ranking gives the perfect overall ranking. You would get the following result:</p>

<h1>1 Harvard</h1>

<h1>1 Northwestern (Kellogg)</h1>

<h1>1 Penn (Wharton)</h1>

<h1>1 Stanford</h1>

<h1>5 Chicago</h1>

<h1>6 MIT (Sloan)</h1>

<h1>7 Columbia</h1>

<h1>8 Michigan-Ann Arbor (Ross)</h1>

<h1>9 Dartmouth (Amso Tuck)</h1>

<h1>10 Duke (Fuqua)</h1>

<h1>11 Cornell (Johnson)</h1>

<h1>12 UVA (Darden)</h1>

<h1>13 UCLA (Anderson)</h1>

<h1>14 NYU (Stern)</h1>

<h1>15 Carnegie Mellon (Tepper)</h1>

<p>The only ranking where I have seen Michigan as #1 is the WSJ ranking, and the WSJ ranking is widely discredited as an outlier. I mean seriously, the WSJ has Harvard ranked #13 this year, below not only Michigan, but also CMU and North Carolina. Does anybody seriously believe in their heart that HBS is not as good as CMU or North Carolina? Honestly now, how many people are really going to turn down HBS to go to CMU or UNC? Come on, CMU and UNC are fine B-schools, but I don't think you'd find even their own students seriously claiming that their school is better than HBS. But if you accept that Michigan really is #1, then you also have to accept that HBS really is only the 13th best B-school.</p>

<p><a href="http://biz.yahoo.com/bw/040921/216018_1.html%5B/url%5D"&gt;http://biz.yahoo.com/bw/040921/216018_1.html&lt;/a&gt;&lt;/p>

<p>Sakky, I agree with you. The WSJ is not reliable. Nor are the Economist, FT or Forbes rankings. The only two rankings that reflect the opinion of recruiters and academics are BW and USNWR. And I stated that clearly in my post above. I think that combining the two rankings gives the best picture. Harvard, Kellogg, Stanford and Wharton are the top 4. Chicago, MIT, Columbia and Michigan are the next 4. Tuck and Fuqua round up the top 10.</p>

<p>how is Yale for business?</p>

<p>Among the Ivys, Yale has the weakest B school. However, that does not mean that Yale isn't good. According to the USNWR, Yale is ranked # 14. According to BW, Yale is ranked #22. </p>

<p>Yale's strength is its affiliation to the University itself...which is one of the best in the World. As such, the MBAs have access to the Yale network, which is considerable. Yale MBAs also happen to be among the most gifted. </p>

<p>But the program has its weaknesses too. The curriculum and structure are not considered that good. With the exception of the Non-Profit concentration, Yale is not really that well known for any of its specialities. As such, recruiters do not place Yale on their wish-list. Finally, the faculty is not very respected.</p>

<p>When we're talking about the MBA program at Yale, I think the biggest problem is that the program is simply very young. The Yale School of Management is less than 30 years old (founded in 1976), which makes it one of the youngest management schools in the world. Furthermore, the Yale SOM didn't start running a formal MBA program until 5 years ago (starting in 1999). Before that, the SOM used to give out only a master's degree in public and private management (MPPM), and the curricula was highly geared towards non-profit management (hence the continuing high regard of the non-profit concentration). So basically, until recently, the SOM was (and to a certain extent still is) basically a boutique school that straddled the border between a traditional business school and a public-policy school.</p>

<p>I would probably move Yale down to 18th for several of the reasons sakky cited. I would take Cornell, NYU, and Carnegie Mellon over Yale any day of the week. Yale's graduate business program is riding largely on the Yale name (brand).</p>

<p>Are there any undergrad business rankings that are comparable to rankings of top 20 econs programs? sort of comparing cornell-AEM/UM ross/stern/sloan/haas/wharton to HYPSC and the rest of them</p>

<p>Working for a large software corporation (very large), we develop our recruiting strategy based on rank, alumni support and our hiring track record in the fields of marketing, strategy, finance, corp dev.</p>

<p>As we call it, the "Top Tier"-- in no particular order...</p>

<p>HBS
Wharton
Stanford
Chicago
Kellogg
Sloan
Kellogg
Michigan
Haas
Columbia
Stern
Fuqua</p>

<p>Surely you didn't mean to include Kellogg twice.</p>

<p>No, I think he meant it. Kellogg is that good! hehe</p>

<p>Even MBAs make mistakes (or at least require proofreaders;-).</p>

<p>Sakky, why shouldn't the best school preparing those for the NP world not be considered top? MIT produces a vast majority of specialized grads yet it's a top undergrad.</p>

<p>Well, what do you mean by 'top'? Do you mean 'top' as in 'one of the better ones'? Then the Yale SOM is a top program, just like MIT is a top undergrad program.</p>

<p>But if you mean top as in one of the top few, then that's a more difficult position to defend as far as the Yale SOM is concerned. After all, if you're going to say that Yale is, say, in the top 5, then who are you going to replace in the traditional top 5? Is the Yale SOM better than Harvard, Stanford, Wharton, Kellogg, or Sloan? I think that's a rather difficult position to defend. If for no other reason, relatively few students who are admitted to both Yale and one of the other 5 will choose Yale. </p>

<p>But again, if NP is your bag, then obviously Yale is one of the top schools. But one specialty does not a school make. For example, if entrepreneurship is your thing, then Babson is probably your top choice. If ties to the auto industry is your thing, then Michigan is probably your top choice. However, when assessing the true 'top' schools, you have to look at a variety of disciplines and specialties.</p>

<p>I was reading an article in Business Week that said Stern is probably the best bschool out there, especially for finance, but the reason it isn't always ranked top 5 is because of the student reviews of the school</p>

<p>Quaker, I doubt that's what Business Week meant. According to the latest Business Week, NYU was ranked #15 in the nation. The total ranking was determined by three main factors. The Corporate Poll, the Graduate Poll and Intellectual Capital. Even if the Grad Poll was not included, the other two were not nearly high enough to make NYU the best program out ther. The Corporate Poll had NYU at #10. The Intellectual Capital ranking was out of the top 30. And in Finance, Wharton and Chicago were ranked #1 and #2...NYU was ranked #8.</p>

<p>Sakky, Michigan is not really a schools that caters to the Auto Industry. In fact, as the link below will show, not a single one of the top 10 hiring firms at Michigan was an automaker last year. </p>

<p><a href="http://www.bus.umich.edu/EmploymentProfile/TopHiringCompanies.htm?StudentType=MBAGrads%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/TopHiringCompanies.htm?StudentType=MBAGrads&lt;/a&gt;&lt;/p>

<p>I agree that Yale will not make it into the top 10 anytime soon. However, there isn't a clear top 5 MBA programs since there are 8 or 9 that can legitimately claim to be among the top 5, including Chicago, Columbia, Dartmouth, MIT, Michigan and Stanford. In fact, Kellogg, Wharton and HBS are the only 3 schools that can make a legitimate claim to be unquestioned top 5 programs. The remaining 6 programs I mentioned above are all pretty much equal. As such, I think it is more accurate to discuss the top 3 programs or the top 10 or so programs.</p>

<p>Actually it has Stern at 13, and yes, it did say this.
<a href="http://www.businessweek.com/bschools/04/index.html%5B/url%5D"&gt;http://www.businessweek.com/bschools/04/index.html&lt;/a&gt;&lt;/p>

<p>Stern is rated 99 for selectivity and quality of student body, above Mich, MIT, and Stanford.</p>

<p>Alexandre, I meant that among the top B-schools, Michigan is the one that would cater to the auto industry the most. The fact is, the auto industry is rarely a top employer at ANY of the top-ranked B-schools. However, Michigan is about as close as they come.</p>

<p>Quaker, what does the Princeton Review rating of undergraduate institutions have to do with anything. And if you truly believe that NYU is more selective than Stanford or MIT, you are seriously disilusioned! LOL</p>

<p>Furthermore, whether NYU was #13 or #15 is not the point. The point is that even if you removed the Grad Poll from the Business Week equation, Stern would still not be among the top 8 or 9 programs. And in Finance, according to Business Week, NYU is always somewhere between #6 and #9. </p>

<p>There is no question that Stern is a great MBA program, but it is not one of the top 8 or 9 and it certainly isn't one of the top 3.</p>

<p>Sakky, I see what you are saying. Obviously, given its proximity to Detroit, Michigan will probably be a favorite for the Auto makers. But the fact remains that historically, fewer than 5% of Michigan's MBA students go on to work for the Automakers.</p>

<p><a href="http://www.bus.umich.edu/EmploymentProfile/ByIndustry.htm%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/ByIndustry.htm&lt;/a&gt;&lt;/p>

<p>As you can see, Consulting, Finance & IB, High Tech & Computers, Pharmaceuticals and Consumer Goods (GE and P&G in particular) are all far more popular.</p>