US News has published the Best Business School ranking for 2016-17 for full-time MBA programs. As predicted, Harvard is #1, followed by Stanford, but Chicago Booth moved two places to tie with Stanford. Wharton became the non-tied school at the 4th position while the fifth position is tied again by Kellogg School of Management and MIT Sloan.
The ranking methodology used this year comprised of three factors: Quality Assessment (40%), Placement Success (35%) and Student selectivity (25%). Peer assessment score, a rating by business school deans and directors of accredited MBA programs, takes the major chunk of US News MBA Ranking (10%) – a factor that would promote the status quo. The Peer assessment score is more like a popular vote rather than a rigorous evaluation of what an MBA program can offer. Most consultants, deans, and even aspiring students would have a favorable opinion about Harvard. The brand is synonymous with quality, and low acceptance rate. Hopefully in the near future, recruiter assessment score would take 25% in the Quality Assessment segment.
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Below is the list of top 20 Full-time MBA programs according to 2017 US New Business School ranking.
For the complete ranking, visit US News Business School Ranking page.
|2||University of Chicago (Booth)|
|4||University of Pennsylvania (Wharton)|
|5||Massachusetts Institute of Technology (Sloan)|
|5||Northwestern University (Kellogg)|
|7||University of California—Berkeley (Haas)|
|8||Dartmouth College (Tuck)|
|11||University of Virginia (Darden)|
|12||Duke University (Fuqua)|
|12||University of Michigan—Ann Arbor (Ross)|
|14||Cornell University (Johnson)|
|15||University of California—Los Angeles (Anderson)|
|16||University of North Carolina—Chapel Hill (Kenan-Flagler)|
|16||University of Texas—Austin (McCombs)|
|18||Carnegie Mellon University (Tepper)|
|19||Emory University (Goizueta)|
|20||New York University (Stern)|