In a follow-up to the post “5 Reasons to Consider Getting Your MBA,” for those who are wondering which top business schools deliver the best results, below is Poets&Quants’ ranking of the 10 best MBA programs in the U.S.
1. Harvard Business School—It’s Harvard so you know getting in isn’t going to be easy. Harvard Business School has graduated more chief executives and presidents than any other business school so those who do graduate will definitely have a solid network behind them.
Acceptance Rate: 13%
Median GMAT: 730
2. Stanford Graduate School of Business—Located in the heart of Sillicon Valley, this school is a hotbed for entrepreneurs. With its Center for Entrepreneurial Studies that focuses on building a dynamic global community of thought leaders, it’s no surprise that 16% of the class of 2011 chose to start their own companies after graduation.
Acceptance rate: 7%
Median GMAT: 729
3. University of Chicago-Booth—Known for its vision of creating, questioning, and testing ideas, this business school houses eleven research and learning centers, and has once of the most flexible curriculums. There’s only one required course for all MBA students: the Leadership Effectiveness and Development series, which focuses on core management skills such as negotiation, team-building and giving feedback.
Acceptance Rate: 23%
Median GMAT: 720
4. University of Pennsylvania-Wharton—Looking for an all-encompassing MBA education? Or maybe you’re searching for a strong focus in Finance? Look no further than the world’s oldest business school. Wharton has 18 specializations, 225 world-renowned faculty members, nearly 200 electives and more than 15 interdisciplinary degrees.
Acceptance Rate: 19%
Median GMAT: 720
5. Northwestern-Kellogg—Known as the business school for Marketing, Kellogg graduates do very well getting employed with top management consulting firms, including McKinsey, Bain, BCG and Booz. The consulting industry as a whole hired approximately 38% of Kellogg grads in 2009. The university offers many programs that allow for all types of individuals to take classes including, an undergraduate program, part-time and full-time MBA programs, an Executive Education, and a Doctoral Program.
Median GMAT: 708
6. MIT-Sloan—The core component of this school’s curriculum is Action Learning where students directly apply academic concepts to real-world business challenges. For those students and professionals looking to gain insight and experience to a particular career path, Sloan offers specialized tracks in Finance, Entrepreneurship and Innovation, Enterprise Management, and a certificate program in Sustainability, all allowing for a personalized experience.
Acceptance Rate: 18%
Median GMAT: 711
7. Columbia Business School—As the Finance market takes a hit, so do applications for this school, but despite it’s conjunction with Wall Street, NYC remains the business capital of the world and Columbia provides a top-notch academic and networking experience. A great resource for students is the Columbia Career Network where students are paired with alumni mentors who host on and off campus events and share advice in their area of expertise.
Acceptance Rate: 21%
Median GMAT: 715
8. Dartmouth-Tuck—This institution is unique from all others on this list due to its singular focus on full-time MBA students. You won’t be bothered by part-time or executive MBAs coming for classes at night. Tuck’s small class size, personalized experience with professors, and field course studies, allows for an intimidate MBA experience in a picturesque New England setting.
Acceptance Rate: 20%
Median GMAT: 717
9. UC Berkeley-Haas—With an intense focus on innovative leadership, Berkeley Haas’ strategy is to develop its students through culture, specific capabilities, and experiential learning through its Leading Through Innovation program, also known as the BILD approach. Specialties include Finance, Marketing, Management, Entrepreneurship, International, and Nonprofit.
Acceptance Rate: 12%
Median GMAT: 715
10. Duke-Fuqua—Aside from the standard full-time MBA option, Duke offers a variety of programs for people of varied interests and lifestyles including a Cross Continent MBA option, a Clinical Informatics program, and a Health Sector Management program. Just in case you need a little extra proof this school delivers top quality, one notable alumnus is Apple’s Chief Executive Tim Cook.
Acceptance Rate: 27%
Median GMAT: 697