US News MBA Rankings released 3/16/2020 (Harvard Falls to #6)

US News MBA Rankings:

  1. Stanford

  2. UPenn-Wharton

  3. Northwestern-Kellogg

  4. Chicago-Booth

  5. MIT-Sloan

  6. Harvard

  7. UCal-Berkeley (Haas)

  8. Columbia

  9. Yale-SOM

  10. NYU-Stern

  11. Virginia-Darden

  12. Dartmouth-Tuck

  13. Duke-Fuqua

  14. Michigan-Ross

  15. Cornell-Johnson

  16. UCLA-Anderson

  17. USC-Marshall

  18. Univ. of Texas-Austin (McCombs)

  19. CMU-Tepper

  20. Univ. of Washington-Seattle (Foster)

  21. UNC-Keenan-Flagler

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Best job placement within 3 months og graduation:

  1. University of Washington-Seattle (Foster)–98.9%
  2. Virginia-Darden–96.3%
  3. Michigan-Ross–96%
  4. Northwestern-Kellogg–95.5%
  5. USC-Marshall–95.2%

MBA Rankings continued:

  1. Emory

  2. Indiana-Kelley

  3. Vanderbilt-Owen

  4. Georgetown-McDonough

  5. Rice-Jones

  6. Georgia Tech

  7. Univ. of Florida-Warrington

  8. Minnesota-Carlson

  9. BYU-Marriott

  10. Notre Dame-Mendoza

  11. WashUStL

  12. Univ. of Georgia-Terry

  13. Univ. of Texas-Dallas

35)Univ. of Rochester-Simon
35) Arizona State Univ. (ASU)-Carey

  1. Ohio State-Fisher

  2. Wisconsin

  3. Univ. of Pittsburgh-Katz

  4. Michigan State-Broad

  5. Penn State-Smeal

  6. SMU-Cox

  7. Alabama-Manderson

  8. Texas A&M-Mays

  9. Univ. of Maryland-Smith

  10. Tennessee-Haslam

  11. Univ. of Arizona-Eller

  12. Boston College-Carroll

  13. Boston University-Questrom

  14. Utah-Eccles

US News did a sub-ranking regarding best MBA programs for “Business Analytics”:

  1. MIT-Sloan

  2. CMU-Tepper

  3. Georgia Tech

  4. Univ. of Texas at Austin (McCombs)

  5. UPenn-Wharton

  6. Stanford

  7. Chicago-Booth

  8. NYU-Stern

  9. Purdue-Krannert

  10. UCal-Berkeley (Haas)

Well the tie between Kellogg and Booth at #3 is not going to help the perpetual rivalry between DH and I…LOL

For Marketing or Management, Northwestern-Kellogg is outstanding & ranked highly.

For Finance or Business Analytics, Chicago-Booth is superior.

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Just read on another website that this is the 4th year in a row that the Foster School of Business MBA program at the University of Washington has had the highest job placement percentage among all 470 or so MBA programs.

MBA programs that moved up or down more than a couple places from the previous US News Ranking.

Significant moves upward:
Northwestern  #6 to #3
Vanderbilt #29 to #23

Significant moves downward:
Harvard  #3 to #6
Notre Dame #26 to #30
Wash U StL #26 to #30

This is all to sell magazines/ads.

The M7 is still the M7.
The 15 b-schools that are in the top 10 are still the same (they’re actually the top 15 schools in the USNews rankings this year).

About the only significant change of note over a decade+ is UW Foster’s move up in to the group of almost 30 schools that are in the top 20.

While any change in the ranking order of the top MBA programs may increase interest in the rankings and result in higher magazine sales numbers, the rankings are still relevant and important with respect to recruiting and career opportunities.

The highest paying employers want to recruit the best and the brightest and are willing to pay accordingly. The most efficient use of recruiters’ time & resources is to recruit at the most selective MBA schools.

Amazon, however, is demanding that MBA programs include more training involving an understanding of, and application of, technology. Amazon is the single largest employer of MBAs in the country, and probably in the world, hiring about 10,000 newly minted MBAs per year.

Amazon recently announced that it will greatly expand its list of targeted MBA programs from which to recruit. The top ranked programs are responding; otherwise, if the top ranked programs remained complacent with their current course offerings, Amazon’s recruiting could significantly impact the rating & ranking of MBA programs.

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"the rankings are still relevant and important with respect to recruiting and career opportunities.

The highest paying employers want to recruit the best and the brightest and are willing to pay accordingly. The most efficient use of recruiters’ time & resources is to recruit at the most selective MBA schools."

The logic does not follow. The second being true doesn’t validate the first. Companies recruit where they have had had success. They don’t look at rankings to see where to recruit. In other words, real-life tiers are simply not as volatile as the rankings and success of alumni is what matters, not rankings. Now granted, there is a strong correlation there, so to those who are completely clueless, the rankings may be a good enough proxy to figure out where to go (though less so for specialty master’s programs and other rankings where schools have been known to and do game the rankings to reel in gullible applicants). But getting the causation right is important.

For example, in this ranking, HBS and Haas are close to each other. In the real world, that is simply not the case.