#business school rankings
Business school rankings
Use sliders above and click the ‘Calculate’ button to see School Data.
This table lists the metrics used in the MBA rankings from U.S. News & World Report, Bloomberg Businessweek, Financial Times, and Forbes, as well as average debt data from M7 Financial. We’ve included the source of each metric and the official definition from the source. Program size and tuition are for information only and are not used in ranking schools. The methodology of the source publication is described in the definition for each metric.
Rankings calculator methodology: How is the top 30 schools list generated?
For each metric, the top 30 schools ranked in that category are assigned points for their ranking. The top-ranked school receives 30 points and the bottom-ranked school receives one point. Schools that tie receive the same number of points. The custom ranking list is based on the sum across criteria of the weight assigned to each metric times the school’s points on that metric. The best fit list ranks the top 30 schools based on these composite scores.
Average Salary Bonus
Average starting salary & bonus for previous year MBA grads. Salary based on the number of graduates who reported data. Mean signing bonus weighted by the proportion of those graduates who reported a bonus. Copyrighted 2016. U.S. News & World Report. 120792:0116JM
Job Placement Rate
Employment rate for previous year MBA graduates 3 months after graduation. Those not seeking jobs or for whom no job-seeking information is available are excluded. Copyrighted 2016. U.S. News & World Report. 120792:0116JM
Return on Investment
Alumni at 100 schools surveyed for pre- and post-MBA compensation, career choice, and location. Schools ranked based on five year MBA gains: alumni earnings in the first five years compared to opportunity cost (2 years forgone compensation/bonuses & stock, tuition, fees). It’s assumed compensation would have risen half as fast as post-MBA salary increases had alumni not attended business school.
Low Average Debt
Average post-graduation debt for MBA graduates ranked from low to high.
Feedback from the classes of 2007, 2008, and 2009 on how their MBAs have affected their careers, their compensation changes over time, and their midcareer job satisfaction.
Number of articles published by full-time faculty in 45 selected journals weighted relative to the size of each faculty. (Research rankings here only include rank among U.S. schools.)
Percentage of previous year’s applicants to the full-time program who were accepted. Copyrighted 2016. U.S. News & World Report. 120792:0116JM
Average Graduate Management Admission Test score and average GRE quantitative and verbal scores of full-time MBA students entering the previous fall. Copyrighted 2016. U.S. News & World Report. 120792:0116JM
Dean Director (Peer) Opinion
Survey of business school deans and directors of accredited business master’s programs. Peers asked to rate programs on a scale of 1 “marginal” to 5 “outstanding” or “don’t know.” School’s score is the average of all the respondents’ ratings. Copyrighted 2016. U.S. News & World Report. 120792:0116JM
Recruiter feedback on the skills they look for in MBAs, and which programs best equip their students with those skills.
Annual Tuition Fees
For information only, not a ranking factor. Out-of-state tuition and fees cost per year for the full-time MBA program. Copyrighted 2016. U.S. News & World Report. 120792:0116JM
For information only, not a ranking factor. Total student enrollment in the full-time MBA program. Copyrighted 2016. U.S. News & World Report. 120792:0116JM
Frequently asked questions
Why create an MBA Rankings Calculator? The inspiration for the calculator was a new ranking developed by Poets & Quants. which essentially assigned a zero weight to criteria that were not focused on student inputs and outputs.
This led us to the question: why not come up with a way to let MBA applicants weight categories based on their individual preferences? This is what the MBA Rankings Calculator sets out to do.
Designed with input from prospective MBA students, this resource can help candidates save time generating a short list of schools to explore for a personalized fit.
For example, one applicant may want to emphasize low debt and ROI over competitive GMAT scores in a program. Another may choose a school based on high research performance and a strong academic reputation with deans and MBA directors. A third candidate may be primarily focused on high salaries, job placement, and employer opinion. There is no one-size-fits-all program for everyone this tool helps candidates find their best matches. Which metrics are used? Average salary and bonus, job placement, average debt, alumni advancement, return on investment, faculty research, student selectivity, average GMAT score as well as opinions of employers and business school deans and directors. What are the sources of the data? We developed the calculator with data licensed from U.S. News & World Report, Bloomberg Businessweek, The Financial Times, Forbes, and M7 Financial. The data provided are for personal, non-commercial use only, based on the copyrights and terms and conditions of the data providers. Why were these 10 metrics chosen? We tested the calculator with prospective students, including those who had not applied at the Foster School of Business. Based on student feedback, we selected diverse metrics that were important to them while creating a tool that was simple to use. How are the rankings metrics weighted? For each metric, the top 30 schools ranked in that category are assigned points for their ranking. The top-ranked school receives 30 points and the bottom-ranked school receives one point. Schools that tie receive the same number of points. The custom ranking list is based on the sum across criteria of the weight assigned to each metric times the school’s points on that metric. The best fit list ranks the top 30 schools based on these composite scores.
While these metrics are based on the methodologies of the source publications (described in the ‘Methodology’ tab), users of the calculator can weight each factor separately to create their own custom list. Why 30 schools? There are more than 60 schools included in the calculator, as different schools are included in different metric rankings. Listing 30 schools in the best fit ranking allows for a diverse range of large, medium, and small schools across the U.S. as well as a blend of private and public schools with different specialties. After the top 30 schools, there is less consistency of schools that are ranked in more than two ranking metrics. Why were only United States schools included? The majority of potential MBA students who contact our admissions staff are interested in business schools in the United States. While we do recruit students internationally, we are located in the U.S. For these reasons, we decided to focus exclusively on U.S. schools. Does the calculator give an advantage to the University of Washington’s Foster School of Business? No. The Foster School is not included in the top 30 for one metric and is ranked in the lowest quartile on other metrics. The metrics were chosen based on prospective student priorities primarily outcomes for graduates, program selectivity, and reputation with employers and school leaders.
To see the top 30 schools in an individual category, allocate 100 points to that metric and click the ‘Calculate’ button. Does the rankings calculator replace or duplicate other MBA rankings? No. The rankings calculator is a complementary tool to the existing rankings. It uses data points licensed from U.S. News & World Report, Businessweek, The Financial Times, Forbes, and M7 Financial to help potential students create a custom list of schools that fit their priorities. It also links to each of these rankings so that prospective students can explore the full set of data that each ranking offers. What makes the rankings calculator unique is the opportunity for prospective students to select their own metrics and apply their own weights. How can I share this page? The easiest way to share this page is to use the social media buttons above to post to your networks. The results from the rankings calculator data are provided for your personal, non-commercial use based on the copyrights and terms and conditions of the sources: U.S. News & World Report. Bloomberg Businessweek. Financial Times. Forbes. and M7 Financial.
How do you know which MBA program is the right fit for you?
“Fit” is a complex idea that incorporates elements like culture, location, size, business relationships, student community, and much more.
Learn more about the Foster Fit and find out if we’re the right school for you.