Business schools are rated on many factors. These factors are determined by the person or organization doing the rating. The U.S. News and World Report is a credible and renowned organization that is respected for its ratings. A few of the factors they consider to rank top business schools include average GMAT and GRE scores, employment rate, average starting salary and signing bonus.
According to the 2014 report from the U.S. News and World Report, the following are the top business schools in the U.S.A.*
1. Harvard University: $53 500 per year (full-time)
2. Stanford University: $57 300 per year (full-time)
3. University of Pennsylvania (Wharton): $57 026 per year (full-time)
4. Massachusetts Institute of Technology (Sloan): $57 920 per year (full-time)
5. Northwestern University (Kellogg): $56 550 per year (full-time)
6. University of Chicago (Booth): $56 000 per year (full-time)
7. University of California–Berkeley (Haas):
$51 422 per year (in-state, full-time); $53 969 per year (out-of-state, full-time)
8. Columbia University: $58 384 per year (full-time)
9. Dartmouth College (Tuck): $56 160 per year (full-time)
10. New York University (Stern): $52 828 per year (full-time)
11. Duke University (Fuqua): $52 900 per year (full-time)
Harvard and the University of Pennsylvania (Wharton) have the largest full-time enrollment with 1 824 and 1 685 respectively.*
These rankings provide solid information on the top business schools to attend for a graduate business degree. However, potential students should still consider other factors before deciding where to apply. A few things to consider would be a school’s learning flexibility (online or self-pace options), curriculum, cost and any internship programs available. In addition, the graduation rate, location, as well as the on-campus or off-campus accommodations will be important. This list can be used as a reference for the top schools, but each student will have different needs and criteria for the college they choose.