WHERE TO STUDY MBA IN USA? BEST UNIVERSITY
For the MBA Super Ranking we combined the results of the seven most influential business school rankings from around the world to create the most comprehensive and holistic ranking of the best business schools for an MBA in the United States. By bringing together MBA rankings from U.S. News & World Report, BusinessWeek, Forbes, Financial Times, The Economist,Quacquarelli Symonds (QS), and Eduniversal, the subjective and idiosyncratic elements of each publication’s methodology is smoothed out, providing a more accurate and stable picture of a business school’s stature. The ranking results of each publication were weighted the same to avoid interjecting our own subjective judgments about which ranking is better.
#50. Thunderbird School of Global Management – Glendale, Arizona
The Thunderbird School of Global Management was founded in 1946 by former U.S. Air Force lieutenant general Barton Kyle Yount. The school, which is set on an old military airfield in Glendale, Arizona, was originally known as the American Institute for Foreign Trade. In the late ‘60s, the campus was expanded, the facility was renamed the Thunderbird Graduate School of International Management, and the original bachelor of foreign trade degree on offer was swapped out for a master of international management degree. In 2001 this evolved into the master of business administration in international –now global – management. The Thunderbird School of Global Management prides itself on developing world leaders, and past students include the president of Bayer’s Brazilian division Theo van der Loo, BP CEO Bob Dudley and MasterCard Europe president Javier Perez.
#49. UC Davis Graduate School of Management – Davis, California
The UC Davis Graduate School of Management has been part of the University of California’s Davis campus since it was founded in 1981. It offers a full-time, on-campus MBA program, as well as two part-time MBA options in San Ramon and Sacramento that rank at number 19 in the country, according to U.S. News & World Report. Since 2012, the university has run a master of professional accountancy program as well. The school’s website boasts that its alums are entrepreneurs, CEOs, VPs, CFOs and COOs; among them are former Dartmouth College chief investment officer David Russ and Accenture managing partner Cathinka Wahlstrom. The institution’s current home, which opened in 2009, is the eco-friendly, ultramodern, 40,000-square-foot Maurice J. Gallagher, Jr. Hall, which is the first Californian public business school building to have gained LEED Platinum certification.
#48. Babson College – Wellesley, Massachusetts
American entrepreneur Roger Babson founded Babson College, then known as the Babson Institute, in Wellesley, Massachusetts in 1919. Today, the college offers a bachelor of science degree in business management and various MBA degrees. The school’s official website claims it was the first to grasp the concept that “thinking and acting entrepreneurially is more than just an inclination. Rather, it can be taught.” It adds, “And we do it better than anyone.” According toU.S. News & World Report, Babson College has ranked first in entrepreneurship amongst nationwide MBA programs for the past two decades. Notable alumni include former PepsiCo and DreamWorks Animation SKG chairman Roger Enrico, Comcast Corporation CFO Michael J. Angelakis and Home Depot co-founder Arthur M. Blank.
#47. Weatherhead School of Management (Case Western Reserve University) – Cleveland, Ohio
Weatherhead School of Management’s incredible Peter B. Lewis Building looks more like a modern art piece than a business school. The institution, which was formally established in 1970, is part of Case Western Reserve University in Cleveland. It offers undergraduate degrees, full- and part-time MBA degrees plus other masters options, a doctor of management degree, and PhDs in management and organizational behavior. “We develop leaders who innovate to create sustainable value and are good global citizens,” promises the school’s dean and professor of design and innovation Robert Widing. Notable former students include ex-Romanian prime minister Victor Ciorbea and former Reserve Bank of India deputy governor Subir Gokarn.
#46. The George Washington University School of Business – Washington, D.C.
The George Washington University School of Business was founded in 1928. Then known as the School of Government, its curriculum aimed to bridge the gap between business and politics. Today, the establishment offers a wide range of graduate and undergraduate degrees in business, and through its location in the Washington D.C. area of Foggy Bottom it is near institutions crucial to the global economy, such as the White House, the World Bank and the International Monetary Fund. “Washington, D.C. is where business intersects with the shaping of policies, which in turn impacts what happens in countries all over the world,” explains the school’s website. Well-known graduates include Samsung Electronics’ billionaire chairman Lee Kun-hee and ex-Secretary of State and Chairman of the Joint Chiefs of Staff Colin Powell.
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#45. The Paul Merage School of Business (University of California, Irvine) – Irvine, California
The Paul Merage School of Business is part of the University of California, Irvine and was established in 1965, when it was known as the Graduate School of Administration. The school’s website says that its focus on actual worldwide business issues gives students “the edge needed to help companies compete in today’s global economy.” It certainly seems to equip them well for employment; according to a 2013 Financial Times report, 94 percent of its alumnae land a job less than three months after graduation. The school offers undergraduate business degrees, four MBA programs, various masters courses and PhD degrees, and its campus includes six Centers of Excellence, where students can profit from working alongside leading businesspeople. Former CEO and president of Goodwill Industries International George Kessinger is among the school’s distinguished graduates.
#44. Tippie College of Business (University of Iowa) – Iowa City, Iowa
The University of Iowa’s Tippie College of Business is rated as one of the best business schools in the country. In 1994 it moved into its current home at the Pappajohn Business Building, which was completed that year. Today, Tippie – originally known as the College of Commerce when it was founded in 1921 – offers bachelors degrees in business administration, a master’s in accountancy and various PhDs. It also boasts a variety of bespoke MBA programs, including a two-year executive MBA course, and a Financial Times survey found that 95 percent of the school’s 2010 full-time MBA students were employed or had accepted offers of work within three months following graduation. High-profile graduates include Michael Maves, former CEO and executive vice president of the American Medical Association, and Richard Freeman, the ex-CEO of the San Diego Padres.
#43. Simon Business School (University of Rochester) – Rochester, New York
The University of Rochester’s Simon Business School in Rochester, New York is internationally renowned for its research and education programs. The school, whose history dates back to 1958, offers full-time and part-time MBA degrees, executive MBA and master of science courses, and PhD as well as undergraduate programs. Today, in view of globalization, technological leaps and unsettled economic times, Simon Business School stresses that business is tough, explaining, “Management is a science, not just an art.” With that in mind, the school promises to prime students for an “ever-changing environment.” Inspiring alumni include Andy Thomas, the ex-CEO and president of Heineken USA, and Prudential Financial vice chairman Mark B. Grier.
#42. Carroll School of Management (Boston College) – Chestnut Hill, Massachusetts
Boston College’s Carroll School of Management was formally established in 1938. Originally known as the College of Business Administration, in 1989 it was renamed after industrialist and Boston College graduate Wallace E. Carroll, in honor of his endowment of $10 million. The school offers bachelor of science, master of science, MBA and PhD degrees. “We develop leaders and managers who bring an ethical perspective to business decision-making,” explains the institution’s website. The campus is close to Boston’s city center in Chestnut Hill, Massachusetts, and “students enjoy a world-class education in a world-class city at a campus of pronounced beauty and award-winning architecture,” according to the school. Notable former students include Digicel Group chairman Denis O’Brien.
#41. Carlson School of Management (University of Minnesota) – Minneapolis, Minnesota
The University of Minnesota’s Carlson School of Management comprises two buildings set on the university’s West Bank campus, to the west of the Mississippi. The standalone Curtis L. Carlson School of Management, a five-story facility, was dedicated in 1998, although the business school was originally established at the university in 1919. Herbert M. Hanson, Jr. Hall practically doubled capacity in 2008, and today the school boasts almost 5,000 enrolled students. The Carson School of Management prides itself on its “cutting-edge” technology, “up-to-date” facilities and research-driven approach. It offers masters, PhD and undergraduate degrees, as well as international and “enterprise” programs, helping students “become new business leaders in the global marketplace.”
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#40. Krannert School of Management (Purdue University) – West Lafayette, Indiana
Purdue University’s Krannert School of Management was established in 1962 in West Lafayette, Indiana, and since then, according to Bloomberg Businessweek, it “consistently produces global leaders with analytical insight.” The industry magazine adds that 91 percent of full-time MBA students can look forward to job offers and that they will eventually earn a median salary of $90,098. Krannert School of Management, which in 2013 had a total of 3,327 students, offers undergraduate, PhD and masters programs. The classes for the latter are held in Rawls Hall, a state-of-the-art facility opened in August 2003. The school’s specialty is tech business management, and specialist masters degrees include human resources management, finance, global supply chain, accounting, entrepreneurship and economics.
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#39. Cox School of Business (Southern Methodist University) – Dallas, Texas
Southern Methodist University’s (SMU’s) Cox School of Business, which was founded in 1920, has been recognized as one of the top business schools in the country. The school has two campuses: a main Dallas site, close to downtown, and a second one in Plano, Texas’ booming northern district. According to the institution’s website, both locations “boast unmatched facilities and easy access to area business centers, recreation and cultural attractions.” Eighteen Fortune 500 companies are also headquartered in the Dallas Fort Worth area, making the school ideal for ambitious students seeking a firsthand taste of the action. SMU Cox offers BBA, full- and part-time MBA, executive MBA, MSM, and executive education programs. Notable former students include Virgin America CEO C. David Cush.
#38. Smeal College of Business (Pennsylvania State University) – University Park, Pennsylvania
According to a 2010 survey carried out by The Wall Street Journal, Penn State’s Smeal College of Business ranked fifth nationwide for accounting, sixth for finance and 11th for business. With over 5,000 students, it is one of America’s ten biggest business schools, and it offers undergraduate, executive MBA, MBA and PhD programs. Bloomberg Businessweek statistics have it that 83 percent of Smeal’s full-time MBA students are offered jobs and that they earn themselves a median salary of $96,349. Smeal, which was founded in 1953, now features accounting, management and organization, finance, marketing, supply chain and information systems, and risk management departments, as well as several research centers. Alumni of the business school include Tumi CEO Jerome Griffith and former U.S. Steel chairman and CEO John Surma.
#37. Broad College of Business (Michigan State University) – East Lansing, Michigan
In 2013 U.S. News & World Report ranked the Broad College of Business’ supply chain management program number one in the country – for the third consecutive year. Founded in 1956 as part of Michigan State University, Broad College has been running its supply chain management program for close to 60 years, and it now boasts undergraduate, MBA and masters programs with this dedicated focus. “With global operations becoming more complex, companies in manufacturing, retail and technology – and the consulting firms that service them – are scrambling to hire people with supply-chain expertise,” wrote The Wall Street Journal’s Melissa Korn in June 2013. Broad College’s facilities include the “world-class” Eli and Edythe Broad Art Museum as well as off-campus centers. Bristol-Myers Squibb’s former CEO and current non-executive chairman James M. Cornelius is among the school’s alumni.
#36. College of Business at Illinois (University of Illinois Urbana-Champaign) – Champaign, Illinois
The College of Business at the University of Illinois Urbana-Champaign was founded in 1915 as the College of Commerce and Business Administration. Renamed in 2003, it is now spread out over two campuses, located in four buildings in Champaign and one in Chicago. The College of Business at Illinois offers undergraduate, MBA, masters and doctoral degrees to its some 3,800 students and is well known for its focus on I.T. Emphasizing the importance of worldwide economics, the full-time MBA courses include a “global consulting trip” to study in Brazil, South Africa, India or China; and according to the school’s website, the placement rate for MBA students is 85 percent. In 2009 the Champaign campus’ new high-tech Business Instructional Facility became the first public university business building in the world to be certified LEED platinum.
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#35. Mendoza College of Business (University of Notre Dame) – Notre Dame, Indiana
The Mendoza College of Business was established in 1921 in Notre Dame, Indiana. It is part of the University of Notre Dame, which made history in 1917 as the first U.S. university to boast a four-year foreign commerce program. Since 2009, Mendoza has offered a “business on the frontlines” MBA course, allowing students to explore “real life in countries trying to rebuild their economies after a war or violent conflict.” According to Bloomberg Businessweek, 93 percent of full-time MBA students are offered jobs, and they earn around $99,928 a year. Students at Mendoza can take advantage of the Stayer Center for Executive Education, a three-floor building that opened in October 2013 and accommodates the school’s executive MBA programs. Notable former students include U.S. businessman and Chicago Bears CEO Ted Phillips and Raymond James Financial CEO Paul Reilly.
#34. W.P. Carey School of Business (Arizona State University) – Tempe, Arizona
With more than 10,000 students and a staff of over 250, Arizona State University’s W.P. Carey School of Business is one of America’s biggest dedicated business schools; still, according to students, it has a tightly knit “community feel.” In 2012 the Academic Ranking of World Universities rated the college 18th in the world in the economics/business category. During that same year, The Wall Street Journal ranked the school’s executive MBA program 13th worldwide.U.S. News & World Report added to the Carey School’s list of accolades by placing its online professional MBA program as second in the entire U.S. The school – which was founded in 1961 – offers undergraduate, MBA, masters and doctoral degrees, as well as an MBA program in China. Its esteemed faculty includes 2004 Nobel Memorial Prize in Economics winner Edward C. Prescott.
#33. Scheller College of Business (Georgia Institute of Technology) – Atlanta, Georgia
Georgia Institute of Technology’s Scheller College of Business may have been founded back in 1913, but Bloomberg Businessweek has described it as a “school on the rise.” The industry magazine goes on to explain that Scheller “develops business leaders with a deep understanding of how technology and globalization are affecting business today and into the future.” In 2012Forbes ranked Scheller eighth on its nationwide “10 Best Business Schools for Salary” list. The college offers a BS degree in business administration, a PhD in management and various MBA choices. Notable past students of the school include ex-Lockheed Martin executive VP and CFO Marcus C. Bennett, former Delta Air Lines chairman and CEO David Garrett, and ex-American Express CEO James D. Robinson III.
#32. Mays Business School (Texas A&M University) – College Station, Texas
Texas A&M University’s Mays Business School was founded in 1961 as the School of Business Administration. In 1995 it moved into the university’s recently completed Wehner Building, which was renamed in honor of Clear Channel Communications founder, benefactor and Texas A&M graduate Lowry Mays the following year. In 2012 Mays Business School added a tailor-made, state-of-the-art facility in West Houston for its executive and professional MBA courses. Today, Mays Business School has five academic departments – accounting, information and operations management, marketing, management, and finance – and offers undergraduate, MBA, masters and PhD programs to over 5,000 students. U.S. News & World Report’s rankings for 2014 touted the college’s full-time public MBA program as the best in the U.S. for “placement after three months.”
#31. Robert H. Smith School of Business (University of Maryland) – College Park, Maryland
The University of Maryland’s Robert H. Smith School of Business offers a full- and part-time MBA, an executive MBA in the U.S. and Beijing, and an online MBA course, as well as specialty masters and executive education and PhD programs. The institution – which was founded in 1921 and boasts six academic departments – is ideally situated close to Washington, D.C. and just 30 miles outside of Baltimore. In 2013 Bloomberg Businessweek ranked the Smith School of Business’ executive MBA program 17th in the world. That same year, the Financial Times also placed it as the 50th best business school worldwide, rating its PhD program 17th and its research 15th globally. The school counts ex-Hewlett-Packard CEO Carly Fiorina among its notable alums.
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#30. Wisconsin School of Business (University of Wisconsin-Madison) – Madison, Wisconsin
According to Bloomberg Businessweek, graduates of Wisconsin School of Business’s MBA program leave with “a portfolio of skills, experience, and specialized knowledge that allows them to hit the ground running.” Its business course is among America’s original five, with the institution having been established in 1900. The business school, which is based at the University of Wisconsin-Madison, offers undergraduate, full- and part-time MBA, masters, PhD and non-business programs. U.S. News & World Report writes that “Madison’s Wisconsin School of Business has designed its MBA program around career specializations.” Distinguished past students include Halliburton CEO David J. Lesar, former Johnson & Johnson worldwide chairman Colleen Goggins and retired Toshiba CEO Tadashi Okamura.
#29. Boston University School of Management – Boston, Massachusetts
The Boston University School of Management was founded in 1913, when it was known as the College of Business Administration. Today, it runs undergraduate, masters and PhD programs as well as full- and part-time and executive MBAs. Since 1996, the School of Management’s home has been Boston University’s Rafik B. Hariri Building, which boasts more than 40 teaching rooms, a large lecture hall, a library and five computer labs. In 2013 the facility secured the number 10 spot on Business Insider’s “World’s Best Business Schools” list. The school prides itself on educating “leaders who focus on adding value – to their organization, their communities, and the world,” and distinguished former students include National Security Agency director Keith B. Alexander, Amazon.com CFO Tom Szkutak, and ex-Time Warner Cable vice chairman and COO John K. Billock.
#28. University of Washington Foster School of Business – Seattle, Washington
Bloomberg Businessweek reports that an incredible 98 percent of University of Washington Foster School of Business full-time MBA graduates can look forward to job offers – together with a more than healthy average income of $102,722. Among its high-flying alumni are Alaska Airlines chairman and former CEO Bill Ayer, and Andrew Brimmer, the first African-American Federal Reserve System governor. “With one of the highest job placement rates in the nation, the Foster School’s full-time MBA program jumped 12 spots to [number] 23… in the U.S.,” says the school’s official website, quoting the U.S. News & World Report’s rankings for 2014. With over 2,500 students, Foster is spread out over five buildings of the University of Washington’s Seattle campus and one facility in Kirkland. The business school, which was founded in 1917, offers undergraduate, MBA, masters and PhD programs and has five specialist departments.
#27. USC Marshall School of Business – Los Angeles, California
The USC Marshall School of Business – which was founded in 1920 – puts its focus on innovation, entrepreneurship, social conscientiousness and joint research. Located at the University of Southern California in Los Angeles, USC Marshall’s four buildings include Popovich Hall, which was one of America’s most sophisticated business school facilities when it opened in 1999. In 2009 the school’s MBA program was completely revamped, which may have helped USC Marshall attain a ranking of 37th in the U.S. on Forbes’ 2013 “Best Business Schools” list. Its operating philosophy, according to the school’s website, is that “success demands an understanding of the inner workings of the global marketplace.” Past students include Kinko’s founder Paul Orfalea, ex-Citigroup chairman and CEO Charles Prince, and former MGM Mirage chairman and CEO J. Terrence Lanni.
#26. Jones Graduate School of Business (Rice University) – Houston, Texas
Rice University’s Jones Graduate School of Business may only have been established in 1974, but it’s already regarded as one of the top business schools in the world. It is one of Rice’s four graduate divisions and is located on the college’s “heavily wooded” campus in Houston, Texas. The school offers full-time, professional and executive MBAs, a PhD in business, and joint masters courses with other Rice faculties and neighboring colleges. According to Bloomberg Businessweek, 97 percent of its full-time MBA graduates are offered jobs, going on to earn an impressive average income of $101,229. “Our MBA programs have been recognized in the U.S.A. and internationally for leadership and innovation by Businessweek, U.S. News & World Report, the Financial Times, The Economist, and Entrepreneur magazine,” boasts the business school’s website.
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#25. Olin Business School (Washington University in St. Louis) – St. Louis, Missouri
Olin Business School is one of the University of Washington in St. Louis’ seven academic units. Olin has built a reputation of educational excellence since its foundation in 1917. The Wall Street Journal even rated Olin’s executive MBA program second worldwide in 2010, while U.S. News & World Report listed the school’s full-time MBA course 21st in the U.S for 2014. Olin features full-time, executive and professional MBA programs, as well as a PhD option and masters in accounting, leadership, finance and supply chain management. In 2002 the school also partnered with China’s Fudan University to set up a Shanghai-based executive MBA program. Distinguished Olin graduates include Marriott International Inc. vice-chairman William Shaw and former Anheuser-Busch president David Peacock.
#24. Fisher College of Business (Ohio State University) – Columbus, Ohio
Bloomberg Businessweek writes that Ohio State University’s Fisher College of Business“prepares students to make an immediate impact in their careers through top-ranked programs providing real-world business experience.” The school accepts up to 150 full-time MBA students annually and also offers undergraduate, masters, executive MBA and PhD programs. Fisher College is situated close to the thriving city of Columbus and is therefore ideally placed to give students a taste of an entrepreneurial environment. It was originally founded in 1916; however, as the college’s site notes, “Since then, the college has undergone a corporate turnaround; narrowing the focus of its programs, recruiting leading faculty, placing a renewed emphasis on experiential learning, and offering a wide range of international study options.” It counts Jeffrey W. Montie, Kellogg International’s former president, among its high-profile alumni.
#23. Vanderbilt Owen Graduate School of Management (Vanderbilt University) – Nashville, Tennessee
“Lead with ideas, not egos,” suggests the Vanderbilt Owen Graduate School of Management. The school was founded in 1969 as part of Vanderbilt University in Nashville, Tennessee. However, the idea of establishing a dedicated business administration program in the area dates back to the mid-‘50s, when local businessmen realized that it was essential to keep homegrown talent from straying, in light of Nashville and Middle Tennessee’s economic boom. Today, Vanderbilt offers MBA, masters, PhD and non-degree programs. Bloomberg Businessweek writes that 96 percent of its full-time MBA graduates obtain job offers, earning an average income of $101,30. Distinguished alumni include American Airlines Group, Inc. CEO Doug Parker, and David B. Ingram, chairman and president of Ingram Entertainment.
#22. McDonough School of Business (Georgetown University) – Washington, D.C.
Georgetown University’s McDonough School of Business was founded in 1957, and since then it “has been preparing the business world’s most respected leaders,” according to its website. The school not only prizes ethics and social equality, in view of Georgetown’s strong Catholic and Jesuit background, but also values the importance of intercultural and international marketplace dynamics. As such, McDonough has a fairly unique and established identity. The school offers full- and part-time as well as executive MBA programs, not to mention a masters in leadership. Traditionally, companies like Goldman Sachs, Morgan Stanley, JP Morgan, Pricewaterhouse Coopers, Deloitte and Credit Suisse have been known to snap up McDonough graduates. Blackboard co-founder and ex-CEO Michael Chasen is one of the institution’s notable former students.
#21. Goizueta Business School (Emory University) – Atlanta, Georgia
According to Bloomberg Businessweek, 98 percent of Goizueta Business School full-time MBA graduates are offered jobs following the completion of their studies, and they end up earning an average income of $104,344. The school, which was founded in 1919, prides itself on producing future leaders. As well as its full-time, evening and executive MBAs, Goizueta offers undergraduate and PhD programs and customized non-degree courses. Situated on Emory University’s central campus near Atlanta, Goizueta is about a quarter of an hour away from the city center and not too far from the head offices of blue-chip companies like Coca-Cola, Home Depot, Turner Broadcasting, AT&T and Delta Air Lines. Atlanta also ranks fourth when it comes to nationwide clusters of Fortune 500 businesses. Notable past students include CBS Interactive president and CEO Jim Lanzone, former Burger King CEO John Chidsey, and Marvin Ellison, Home Depot executive vice president for its U.S. stores.
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#20. Kelley School of Business (Indiana University) – Bloomington/Indianapolis, Indiana
In 2012 Bloomberg Businessweek rated the Kelley School of Business’ full-time MBA program number one in the country for teaching quality, career services and student satisfaction. U.S. News & World Report’s 2014 public university rankings saw Kelley’s MBA program shine again, earning the number three spot in the U.S. for production/operations, fourth for entrepreneurship and fifth for accounting. The institution was founded in 1920 as the School of Commerce and Finance but was renamed in honor of graduate and benefactor E.W. Kelley in 1997. Today, it is housed in Indiana University’s William J. Godfrey Graduate and Executive Education Center in Bloomington, a $33 million, cutting-edge facility that was completed in 2003. Former students include Wikipedia co-founder Jimmy Wales and Royal Caribbean Cruises CFO Jason Liberty.
#19. McCombs School of Business (University of Texas at Austin) – Austin, Texas
The McCombs School of Business was founded in 1922 as part of the University of Texas at Austin. Today, it is widely recognized as the top business school in Texas and the Southwest. McCombs prides itself on developing leaders, and its MBA program features full- and part-time as well as executive options. McCombs also boasts a valuable internship scheme that gives students a firsthand taste of venture capital and private equity, as well as an opportunity to study abroad in locations like Hong Kong, São Paulo and Beijing. In 2012, 100 percent of the school’s full-time MBA students had already found jobs by the time of their graduations. Ex-U.S. Secretary of Commerce Donald Evans is among the MBA program’s alums.
#18. Kenan-Flagler Business School (University of North Carolina at Chapel Hill) – Chapel Hill, North Carolina
The University of North Carolina at Chapel Hill’s Kenan-Flagler Business School was established in 1919 and was originally known as the Department of Commerce of UNC Chapel Hill’s College of Arts. Since 1997, the school has been located at UNC Chapel Hill’s 191,000-square-foot McColl Building, which is over three times bigger than its previous Carroll Hall site. Today, Kenan-Flagler operates undergraduate, MBA, masters, PhD and business certificate programs. In 2013Forbes rated its full-time MBA program 11th in the U.S., while Bloomberg Businessweek ranked its weekend MBA program 12th worldwide. Successful past students of the business school include former Google vice president and treasurer Brent Callinicos and The Hershey Company’s president of North America operations Michele Buck.
#17. Tepper School of Business (Carnegie Mellon University) – Pittsburgh, Pennsylvania
U.S. News & World Report’s “Best Business Schools in the U.S.” rankings for 2014 lists Carnegie Mellon University’s Tepper School of Business 19th, while the school’s graduate section places second for information systems and production/operations management. Bloomberg Businessweek also has a high regard for Tepper, ranking its part-time MBA program first in the U.S. and its full-time MBA program 11th in 2013. Tepper is well known for its breakthrough management science work and describes itself as among “the most technologically elite universities in the world.” Specialist areas include financial engineering, operations management, and computational marketing and technology. The school was founded in 1949, and today it has a central campus in Pittsburgh, Pennsylvania and one in Manhattan – close to the New York Stock Exchange and high-profile businesses like Goldman Sachs and JP Morgan.
#16. Darden School of Business (University of Virginia) – Charlottesville, Virginia
The University of Virginia’s Darden School of Business was founded in 1954. The impressively rated graduate school offers MBA, PhD and executive programs and fuses a case-study approach, an intimate community setting and world-class teaching staff to produce conscientious leaders itching to make their mark on the global economy. In 2013 U.S. News & World Report ranked Darden 12th on its “Best Grad Schools in the U.S.” list. According to Bloomberg Businessweek, 90 percent of Darden’s full-time MBA graduates can count on receiving job offers, while also looking forward to an average income of $111,171. Distinguished MBA program alumni include Bank of America CFO Bruce Thompson and ex-PepsiCo chairman and CEO Steven Reinemund.
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#15. Yale School of Management (Yale University) – New Haven, Connecticut
In January 2014 the Yale School of Management relocated to the brand new, 242,000-square-foot Edward P. Evans Hall in the northern part of Yale’s campus. The school, which was founded in 1976, offers full-time MBA, executive MBA, master of advanced management, executive education, PhD and joint degree programs. In 2014 the Financial Times ranked the Yale School of Management’s MBA program tenth in the world. The newspaper also rated the school number one for organizational behavior, second for corporate social responsibility/ethics and fourth for economics. Alumni have praised their alma mater for its “integrated curriculum” and “the caliber and accessibility of its faculty,” as well as for providing “an environment of active and insightful discussion.”
#14. UCLA Anderson School of Management – Los Angeles, California
UCLA’s Anderson School of Management was established in 1935, for the most part as an undergraduate school. Today, however, undergraduate business administration degrees are not part of its program, although it does offer an undergraduate minor in accounting. Anderson operates executive MBA, fully employed MBA, global EMBA, master of financial engineering and PhD courses, as well as a highly regarded MBA program, which in 2013 was rated 18th in the world by The Economist and 23rd by the Financial Times. Bloomberg Businessweek names Anderson as one of “the world’s leading business schools, with faculty renowned globally for their research and teaching excellence.” The school’s LA campus includes four primary facilities, which meet at Westwood Plaza and Sunset Boulevard. BlackRock chairman and CEO Laurence D. Fink counts among the institution’s alumni.
#13. NYU Stern School of Business – New York City, New York
New York University’s Stern School of Business – which was founded in 1900 – is one of the world’s first and most prestigious business educational institutions. It regularly ranks on top business school in the world lists compiled by Bloomberg Businessweek, the Financial Times andThe Wall Street Journal, and graduates frequently land corporate jobs in key financial hubs like Wall Street. Today, the school is situated in Greenwich Village and has around 780 full-time and 2,031 part-time students. Stern offers undergraduate, full- and part-time MBA, and PhD programs. It also boasts executive education, EMBA and global courses. Distinguished past students of the business school include NASDAQ CEO and president Robert Greifeld, former Revlon president and CEO Alan Ennis, Barneys New York owner Richard C. Perry, and ex-Federal Reserve chairman Alan Greenspan.
#12. Stephen M. Ross School of Business (University of Michigan) – Ann Arbor, Michigan
The Stephen M. Ross School of Business – originally founded in 1924 – is for the most part situated on the University of Michigan’s main campus. Its new central building was opened in January 2009 and according to the school’s website is “a 21st-century structure designed to help catalyze business education.” The site goes on to describe it as “a place built to nurture ideas that shape – and people who lead – complex, global organizations.” Ross offers undergraduate, full- and part-time MBA, executive MBA, masters, PhD, and executive education programs. In 2013U.S. News & World Report ranked it 14th on its “Best Business Schools in the U.S.” list for 2014, while Bloomberg Businessweek awarded it the top spot worldwide for sustainability. Notable former students include ex-FedEx VP general manager Roger Frock and billionaire entrepreneur and author Sam Wyly.
#11. Samuel Curtis Johnson Graduate School of Management (Cornell University) – Ithaca, New York
Bloomberg Businessweek describes Cornell University’s Samuel Curtis Johnson Graduate School of Management as “an intense, collaborative Ivy League business school in one of the most beautiful and inviting cities in the United States.” It was originally founded as the School of Business and Public Administration in 1946 but adopted the name of entrepreneur Samuel Curtis Johnson, Sr. in 1984 after a substantial donation from his son. Since 1998, the school has been located in the lovely Sage Hall. At present it offers MBA courses in Ithaca and New York City, along with executive education and PhD programs. U.S. News & World Report ranked it 16th on its “Best Business Schools in the U.S.” list for 2014. Among the business school’s alums are former Kraft Foods CEO Irene Rosenfeld, SC Johnson CEO and chairman H. Fisk Johnson III, and Procter & Gamble CFO Joe R. Moeller.
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#10. Tuck School of Business (Dartmouth College) – Hanover, New Hampshire
Prestigious Ivy League institution Dartmouth College’s Tuck School of Business – situated on the Hanover, New Hampshire campus – was the first school to include MBA degrees on its academic program. Tuck, which was founded in 1900, regularly ranks highly on best MBA lists, both U.S. and worldwide. For example, The Economist rated Tuck’s MBA program second in the world in 2013, and Forbes has listed it as the sixth best in the U.S. Tuck aims to blend an intimate, personal feel with international scope and time-honored traditions and history to produce high-minded leaders ready to take on the world and “make a difference.” The school also stresses the importance of living in a character-building and loyalty-fostering residential setting, which it describes as “a foundation of the Tuck culture.” Tuck counts amongst its high-profile alumni Peter R. Dolan, ex-Bristol-Myers Squibb chairman and CEO.
#9. Fuqua School of Business (Duke University) – Durham, North Carolina
Duke University’s Fuqua School of Business, which was established in 1969, has a fair amount of prestige, as Forbes ranked it eighth on its 2013 “Best Business Schools” in America list. In 2012Bloomberg Businessweek also rated the school’s full-time MBA program first in the U.S. for “intellectual capital.’’ Fuqua’s main location is Duke’s Durham, North Carolina campus, but the school has also spearheaded a campaign to open facilities in Russia, Dubai, India, England and China. On top of its daytime, weekend and global executive MBA programs, Fuqua hosts a PhD program and offers masters and joint degrees. According to Bloomberg Businessweek, 90 percent of the school’s full-time MBA graduates are offered jobs, earning a median salary of $112,751. Distinguished former students include Apple CEO Tim Cook and Deloitte LLP deputy chief executive Brian Derksen.
#8. Haas School of Business (University of California, Berkeley) – Berkeley, California
The University of California, Berkeley’s Haas School of Business aims to develop “innovative leaders” brimming with novel concepts. Haas was founded in 1898 as the College of Commerce and was renamed in honor of benefactors Walter and Elise Haas in 1989. Bloomberg Businessweek writes that 96 percent of its full-time MBA students receive job offers, going on to earn a media salary of $117,738, while U.S. News & World Report ranked Haas seventh on its “Best Business Schools” in the U.S. list for 2014. The institution offers undergraduate, full- and part-time MBA, executive MBA, PhD, and executive education programs. Notable business school alumni include late Gap co-founder Donald Fisher, former Absolut Vodka president Bengt Baron, and ex-Levi Strauss & Co. president and chairman Walter A. Haas, Sr.
#7. Kellogg School of Management (Northwestern University) – Evanston, Illinois
According to Bloomberg Businessweek, Northwestern University’s Kellogg School of Management “is home to a renowned, research-based faculty and the best and brightest MBA students from around the world.” In 2012 the industry magazine ranked Kellogg’s full-time MBA program fifth in the country, while U.S. News & World Report placed Kellogg in fourth position on its “Best Business Schools” in the U.S. list for 2014. The Economist has described Kellogg as having a “reputation as a marketing powerhouse,” adding that finance and general management were also frequently adopted majors. Programs include full- and part-time MBAs, an executive MBA, a JD-MBA, and executive education courses. And Booz Allen Hamilton co-founder Edwin G. Booz along with Target president, CEO and chairman Gregg Steinhafel are among former students.
#6. MIT Sloan School of Management (Massachusetts Institute of Technology) – Cambridge, Massachusetts
MIT Sloan School of Management’s mission is “to develop principled, innovative leaders who improve the world and to generate ideas that advance management practice.” The school’s MBA program garnered a number four ranking on U.S. News & World Report’s list of best business schools in America for 2014. MIT Sloan was founded in 1914, and over the years it has played host to the development of several revolutionary economics theories, as well as featuring several Nobel Prize in Economics winners amongst its faculty. The institution offers undergraduate, MBA and PhD programs, specialized degrees, and executive courses, and it is based on MIT’s Cambridge, Massachusetts campus. MIT Sloan alumni include former UN secretary-general Kofi Annan and Ford president and CEO Alan Mulally.
Recommended Accredited Online MBA Programs
#5. Columbia Business School (Columbia University) – New York City, New York
Columbia University’s Business School is known for its highly discriminating selection standards. Since its foundation in 1916, the Ivy League college’s facility has built up a reputation as one of the best business schools in the world. It is, furthermore, steeped in tradition and well connected to the business world and influential financial insiders. The faculty at the Manhattan, New York-based school includes several Nobel Prize in Economics winners, and it is well known for its pioneering work in value investing. As well as its full-time MBA program, Columbia Business School offers executive MBA, masters and PhD degrees. According to Bloomberg Businessweek, 97 percent of its full-time MBA students will procure job offers after graduation, earning a median salary of $116,153. Moreover, it counts among its high-profile alumni former CEO and chair of Citigroup Global Wealth Management Sallie L. Krawcheck.
#4. The Wharton School of the University of Pennsylvania (University of Pennsylvania) – Philadelphia, Pennsylvania
The 2013-ranked U.S. News & World Report “Best Business Schools” list placed the University of Pennsylvania’s Wharton School third in the U.S.; and the Financial Times has also placed the institution’s MBA program fourth globally for 2014. The Ivy League school was originally established in 1881 as the first university-linked business college, and today it is spread out over two campuses, with one main location in Philadelphia and a satellite site in San Francisco that caters on the whole to executive MBA students. Bloomberg Businessweek has said of the school, “Wharton is recognized globally for intellectual leadership across every major discipline of business education, with one of the world’s most published business school faculties.” High-profile former students include Time Inc. CEO Laura Lang, Italy’s ex-minister of economic development Corrado Passera, and celebrity business magnate Donald Trump.
#3. University of Chicago Booth School of Business (University of Chicago) – Chicago, Illinois
The University of Chicago’s highly rated Booth School of Business was founded in 1898. The institution’s main site is in Hyde Park, Chicago, but it also has campuses in downtown Chicago, London and Asia. The Booth School of Business is America’s second-ever business school, and it was the first to offer executive MBA and business PhD programs. According to its official website, Booth’s “rigorous, discipline-based approach to business education transforms… students into confident, effective, respected business leaders prepared to face the toughest challenges.” In 2013 The Economist rated Booth’s MBA program number one globally, and Forbes put Booth in second place on its list of best business schools in the U.S. Notable former students include Domino’s Pizza CEO J. Patrick Doyle and ex-U.S. Deputy Secretary of the Treasury Roger Altman.
#2. Stanford Graduate School of Business (Stanford University) – Stanford, California
Stanford University’s prestigious Stanford Graduate School of Business garnered the prime spot on Forbes’ 2013 best business schools in America list. It also shared first place honors with Harvard Business School on U.S. News & World Report’s “Best Business Schools” list for 2014. According to Forbes, “Stanford is the most selective school in the country… Graduates are among the most sought after by employers and they often have the pick of the litter on jobs.” Based on Stanford’s California campus, the school is spread over the Knight Management Center – which was completed in 2011 and cost $375 million to build – and the Schwab Residential Center. The business school was founded in 1925, and its distinguished former students include Time Warner Inc. CEO and chairman of the board Jeffrey Bewkes, eBay president and CEO John Donahoe, and Nike president, chairman and co-founder Phil Knight.
#1. Harvard Business School (Harvard University) – Boston, Massachusetts
Since its foundation in 1908, Harvard Business School has gone on to become one of the most highly revered business colleges in the world. Heading into 2014, it topped U.S. News & World Report’s “Best Business Schools” in the U.S. list – sharing its distinction with Stanford. Harvard also ranked first on the Financial Times’ “Global MBA Ranking” list for 2013. “For over 100 years our students and faculty have shaped business around the world,” boasts the school’s website, and according to Bloomberg Businessweek, 93 percent of its full-time MBA students can look forward to job offers, eventually earning a sizeable median salary of $120,700. High-profile past Harvard Business School students include ex-New York mayor Michael Bloomberg, Virgin America chairman Donald J. Carty, and former Goldman Sachs executive VP and CFO David Viniar.
WHERE TO STUDY MBA IN USA? BEST UNIVERSITY
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