MBAs Across America: Entrepreneurs with a Heart

Listen to the Show!

Casey Gerald

Listen to the Show!

Michael Baker

Michael Baker and Casey Gerald, CEO & CFO of MBAs Across America are making the American dream come true in towns and cities across the country.

Listen to the full recording of our conversation to learn about MBAxAmerica’s past experiences, plans for the future, and what these two Harvard MBAs have to say about their time at HBS.

00:02:20 – What day one looked like for the MBAxAmerica team.

00:06:54 – Can Harvard educated MBAs relate to the challenges of a mom and pop shop?

00:11:01 – The proof of the pudding: How many entrepreneurs actually implemented the advice.

00:12:58 – Where is MBAxAmerica going next?

00:14:35 – The criterion for choosing MBAs and entrepreneurs for next year’s trip.

00:18:13 – Will MBAxAmerica expand beyond the MBA and the USA?

00:25:10 – The benefits on the MBAxAmerica internship for non-entrepreneurs.

00:27:20 – Mike and Casey’s biggest Aha moments of last year’s trip.

00:31:32 – Best Harvard Business School moments.

00:35:45 – Advice for next year’s HBS applicants.

Listen to the full conversation to learn more!

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com.

Relevant Links:

MBAs Across America
The Secret to MBA Acceptance Webinar
“M.B.A. Students Hit the Road to Help Small-Business Owners”
MBAXAmerica Application For MBAs
MBAXAmerica Application For entrepreneurs
From Psychology to the Media Industry, Strat and Harvard B-School

Related Shows:

•  MBAs Across America: The Coolest HBS Internship (Last year’s interview)
•  5 Million to Share: The 43North Competition
•  Case Interview Secrets and More with Victor Cheng
•  Business, Law and Beyond: An Interview with John Engelman
•  Dr. Douglas Stayman Shares the Scoop on Cornell Tech NYC
•  CommonBond’s Story: A Revolution in Student Loans

Subscribe to Admissions Straight Talk:

Subscribe to Admissions Straight Talk in iTunes!     Subscribe to Admissions Straight Talk in Stitcher!

The HBS Round 3 Deadline is Coming Right Up!

For all of you who are wondering if there is one last thing you can do to improve your Harvard Business School application before you hit submit, the answer is YES!

Take an hour and watch the recording of our popular webinar, The Accepted Guide to Getting into Harvard Business School

Learn the four key principles to gaining acceptance to HBS and make sure you’ve incorporated them in your application.

Watch The Accepted Guide to Getting into Harvard Business School!

Good luck completing your application and let us know if you have any questions.

Watch the Accepted Guide to Getting into Harvard Business School!
Accepted.com

2015 Best Business Schools Ranked by U.S. News

Check out our MBA Admissions 101 pages!U.S. News released its annual best b-school rankings, and we’re here to provide all the top rankings all in one spot!

2015 Best MBA Programs (last year’s rank in parentheses)

1. Harvard Business School (1)
1. Stanford GSB (2)
1. Wharton (3)
4. Chicago Booth (6)
5. MIT Sloan (4)
6. Northwestern Kellogg (4)
7. UC Berkeley – Haas (7)
8. Columbia (8)
9. Dartmouth Tuck (9)
10. NYU Stern (10)

2015 Best Executive MBA Programs (last year’s rank in parentheses)

1. Wharton (1)
2. Chicago Booth (2)
3. Northwestern Kellogg (3)
4. Duke Fuqua (4)
5. Columbia (4)
6. NYU Stern (6)
7. Michigan Ross (8)
8. UCLA Anderson (7)
9. UC Berkeley – Haas (10)
9. UNC Kenan-Flagler (9)
11. USC Marshall

2015 Best Part-Time MBA Programs (last year’s rank in parentheses)

1. UC Berkeley – Haas (1)
2. Chicago Booth (2)
3. Northwestern Kellogg (3)
4. NYU Stern (4)
4. UCLA Anderson (5)
6. Texas McCombs (7)
7. Michigan Ross (6)
8. Indiana Kelley (9)
9. Ohio State Fisher (8)
10. CMU Tepper (9)

Wondering how much rankings should play a roll in determining where you apply? Watch the video below for Linda Abraham’s answer:

Download our free special report: Best MBA Programs

Accepted.com

From Psychology to the Media Industry, Strat and Harvard B-School

Check out our Harvard Business School Zone!We’d like to introduce you to Jyll Saskin, a graduate of Harvard Business School’s inaugural 2+2 Program. Read our interview to learn about some of Jyll’s favorite things about HBS, as well as advice for incoming and future b-school students. Thank you Jyll for sharing your story with us!

This interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs. We hope to offer you a candid picture of student life, and what you should consider as you prepare your MBA application.

Accepted: We’d like to get to know you! Where are you from? What and where did you study as an undergrad? What is your favorite non-school book?

Jyll: I was born and raised in Toronto – I’m a very proud Canadian! I studied Psychology and Child Development at Tufts, Class of 2009, and was really involved in student media. I wrote for the Tufts Daily, and served as both Chief Copy Editor and Chief Op-Ed Editor during my tenure there. I also wrote for the Tufts Observer and co-founded a fashion magazine.

While in college, I worked as a Fashion Editor for TheCampusWord.com, a now-defunct start-up that was this great news source by and for college students; the founders pivoted the site into what is now BostInno.com, a great website about all things innovation in Boston. When I entered college, I thought I’d graduate and become a psychologist, but I quickly learned that, while I love studying psychology, I wasn’t interested in the lifestyle and work culture that came with practicing it.

The inaugural year of the 2+2 Program was announced right at the time I was debating the whole, “What do I want to do with my life?” thing, so I applied and, much to my amazement, was accepted.

As for my favorite non-school book, it’s definitely got to be the Harry Potter trilogy. Book Three, if I had to pick just one. I re-read the series every summer; I was relieved when they were finally released in e-book format!

Accepted: Congrats on your recent MBA! What was your favorite thing about Harvard Business School?

Jyll: What a hard question! I’d have to go with the clichéd answer and say “the people.” There are all of these stereotypes about how b-school students are either really high strung, competitive and backstabbing, or fratty d-bags, and it’s just not true. I’m actually so in awe of the work that admissions does, because they put together a class of people who are obviously smart, but more than that, really driven and interesting and interested in so many different things.

I really miss having case discussions every day, getting the opportunity to learn from and (politely) debate with this wildly diverse group of fascinating people. You can’t replicate that elsewhere. It’s once-in-a-lifetime.

Accepted: If you could change one thing about HBS, what would it be?

Jyll: Well, if I could change anything, then I would make the program three years instead of two. This is purely for selfish reasons. The first year is entirely required curriculum, and the second year is elective curriculum. I spent my second year at HBS taking all of those courses that interested me most, generally in strategy. I wish I’d had another year so I could have delved farther outside my comfort zone and taken courses like Entrepreneurial Finance and Real Estate Development.

Yes, that’s a copout answer. It’s all I’ve got! #sorrynotsorry

Accepted: Where did you work before starting HBS? How did the 2+2 Program help you prepare and transition to HBS’s regular program? As a 2+2 participant, did you feel “different”? Finally, are you glad you participated in 2+2?

Jyll: I held two jobs before starting at HBS. First, I was an Editorial Assistant in the teen division at Bauer Publishing, a magazine company.

Unfortunately, the magazine that I worked for folded after I’d been there for a year, so I moved home to Toronto and landed a job in corporate strategy at McCain Foods, a global frozen foods company.

They were two very different experiences, but I was grateful for both perspectives before starting my MBA.

I loved being a part of the 2+2 Program. I was part of the inaugural class, and we had these wonderful summer programs where we got to meet each other and take special classes with HBS professors.

Unfortunately, that part of the program has been phased out, so now the 2+2 Program is really just the grad school equivalent of Early Admission. Once we enrolled, we were just like everybody else in the MBA program – same classes, same activities, same everything.

The only different was that the 2+2 participants all knew each other from the summer programs, and we were the youngest students in the class. I think that there was a bit of stigma attached to the 2+2 label because of that, but honestly, it had more to do with people’s own insecurities in the first few months than anything else. Once we got into the groove with our sections, you pretty much forgot who was the youngest or the oldest because it ceased to be the most salient thing.

Accepted: What is your current job? What role did HBS play in helping you secure that position?

Jyll: I’m currently a Manager in Project Leadership at Scratch, a division of Viacom. If a strategy consulting firm and an advertising agency got together and became experts in all things Millennial, you’d get Scratch. It’s this great mix of left-brain and right-brain problem solving for clients as diverse as General Motors, Hilton and Lady Gaga’s Born This Way Foundation.

HBS definitely played a part in helping me secure this position. I was networking my butt off the summer before last, trying to meet as many HBS alums working in digital/strategy/media as I could. One connected me to someone else, who then connected me to Scratch. Also, two of our most senior people at Scratch are HBS alums, so having that common ground made me feel much more confident going into those interviews.

And now the cycle continues, as I connect current HBS students who are interested in working in this industry.

Accepted: Can you talk more about how you plan on transforming the media/entertainment industry?

Jyll: It’s a lofty goal, isn’t it? The media industry is transforming, with or without me. What really interests me is how you teach old dogs new tricks, how you take legacy media companies and help them transition their business models to not just survive, but thrive.

Throughout my second year at HBS, I worked on an independent project solving that exact problem, but on a much smaller scale: for The Harbus, HBS’ student newspaper. I worked with the staff, my professor and industry experts to put together an analysis and business plan for The Harbus, diversifying its revenue and exploring new audiences and channels and products. It had been so focused on cutting costs, that it wasn’t investing for future growth.

I’m still in close touch with the General Manager at The Harbus, and they’ve started implementing many of my suggestions, often making them better by putting their own twist on things.

So, that’s been very rewarding for me to see, and I know that a lot of the things I did and am doing with The Harbus would be highly transferable to larger news and/or entertainment organizations. It’s an ongoing interest and passion of mine.

Accepted: What are some things you wish you would’ve known before starting b-school? Can you share some advice on this topic with our readers?

Jyll: I wish I had taken some time off before starting business school. It’s a crazy two years, and I went straight from my job into school; my brain could have used some rejuvenation!

At b-school, for the first few months, I kept having to tell myself that I was not some sort of admissions mistake. It’s challenging, you’re in a new environment, learning new things, meeting new people, and everyone goes through that mindset of, “Why am I here? I don’t belong here!” Just know that you’re not alone, everyone feels that way, you do belong and by second semester, you’ll be smooth sailing.

Lastly, I’ve alluded to this earlier, but I do have a twinge of regret that I didn’t push myself harder academically while I was at HBS. I stuck with classes that I loved, which was great because I loved them, but I do feel as if I wasted an opportunity to try some new things.

I would encourage people to keep their electives as broad as the required curriculum, so you can take advantage of everything your MBA program has to offer.

For one-on-one guidance on your b-school application, please see our MBA Application Packages.For specific advice on how to create the best application for Harvard see:

• Harvard Business School 2014 MBA Essay Questions & Tips
• HBS Post-Interview Reflections, a video
• The Accepted Guide to Getting into Harvard Business School, a free webinar.
• What HBS is Looking for: Engaged Community Citizenship
• What HBS is Looking for: The Habit of Leadership

Check out our Harvard B-School Application Essay Tips!

Accepted.com

What Does Harvard Business School Want?

Wondering what applicants who were accepted to Harvard Business School have in common?

For more resources to help you get into HBS, check out:

• Harvard Business School 2014 MBA Essay Questions & Tips
• HBS Post-Interview Reflections, a video
• The Accepted Guide to Getting into Harvard Business School, a free webinar
• What HBS is Looking for: Engaged Community Citizenship
• What HBS is Looking for: The Habit of Leadership

Accepted.com

Top MBA Programs for Entrepreneurs

B-schools are always touting their entrepreneurial offerings, programs, and placement, so when we examined the employment reports of U.S. News’ top 25 business schools to see which schools send the most graduates into entrepreneurship, we were surprised to find that only thirteen programs provide this information in their employment reports.

Below you’ll find the results – the U.S. News’ top 25 MBA programs that reveal the number and percentage of 2013 grads who immediately founded their own businesses after completing their MBA:

School

# of 2013 Grads

Starting Their Own Business

% of 2013 Grads

Starting Their Own Business

Standford GSB 70 18%
MIT Sloan 37 9.5%
Wharton 59 7.5%
Harvard Business School 63 7%
Yale SOM 10 4.5%
UCLA Anderson 14 4%
Kellogg* 3%
Chicago Booth 17 3%
Columbia 18 2.5%
NYU Stern 2%**
Michigan Ross 8 1.5%
Duke Fuqua 4 1%
CMU Tepper 2 1%

* Numbers include all Kellogg MBA programs
** % of reported placements

Clearly, Stanford is way out in front in this horse race. MIT Sloan with its program in Entrepreneurship and Innovation is a distant #2, followed by HBS and Wharton in a tie for third place. Stanford and Sloan have long been known for entrepreneurship, but HBS and Wharton are generally thought of as financial services and consulting breeding grounds. In reality, both programs – without taking away from their strength in consulting and financial services – have sharpened the entrepreneurial saw over the last decade.

This comparison is useful for those of you who want to start your own business ASAP after earning an MBA. It is an indication of an entrepreneurial culture and education. And if entrepreneurial spirit and ultimately an entrepreneurial alumni network is important to you, then you need to know which schools are strong in this area and how they compare.

While this listing is useful, it still doesn’t tell the entire story of MBA programs’ entrepreneurial strength. Many business school grads will work for a few years to pay back loans and then start their own businesses. Among those, there will be a few grads who immediately enter a startup, so essentially they will initially be entrepreneurs on someone else’s dime. There are other MBAs who will work in entrepreneurial areas of established companies. None of these MBAs are reflected in the chart above, but all still benefited from their MBA program’s entrepreneurial education and culture.

Additionally, either we couldn’t find the data or schools don’t all publish these numbers. Consequently, the chart above is incomplete. Don’t automatically assume that programs we haven’t listed aren’t good for entrepreneurship. For example Haas has a highly entrepreneurial culture and many courses relevant to entrepreneurship, but we couldn’t find the number of 2013 grads who started their own business immediately upon graduation. Don’t let that lack of info prevent you from considering Haas if founding a startup is your dream. Similarly, Georgetown has many entrepreneurship resources (See Jeff Reid on Entrepreneurship at Georgetown). Finally, programs outside US News’ top 25, may be excellent for entrepreneurship, deserving of consideration, and easier to get into (For example, Babson).

As with almost all stats in MBA admissions – especially anything related to (un)rankings and comparing programs – take this data as useful information not as the be all and end all of evaluating the entrepreneurial value of different MBA programs. It is simply a succinct compilation of data that you should incorporate into the additional research you should do before deciding where to earn your MBA. Also consider:

• Entrepreneurial curriculum. What classes are offered? Are there opportunities to develop and work on a business plan?

• Extracurricular groups and activities. Are there venture capital competitions, clubs, events, etc.?

• The student profiles at specific schools. Are they entrepreneurial? Would you like to be on a project with them?

Now it’s time for me to get back to drafting that business plan on the back of a napkin.

If any school in the US News’ top 25 includes that data in their employment report and we missed it, or they published the data after we visited their site, please email saraw@accepted.com and we’ll add it.

MBA Admissions A-Z: 26 Great Tips

Linda Abraham By , president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

FT’s Best Global MBA Programs in 2014

The Financial Times released its 2014 global MBA rankings! Read on for the list, the facts, the analysis, and the sources.

The List:

2014 Rank

3 Year
(Avg) 

School Country 
1 1 Harvard Business School USA
2 2 Stanford Graduate
School of Business
USA
3 4 London Business School UK
4 3 U Penn Wharton USA
5 5 Columbia Business
School
USA
6 6 INSEAD France/Singapore
7 8 IESE Business School Spain
8 8 MIT Sloan USA
9 10 Chicago Booth USA
10 15 Yale School of Management USA
11 12 UC Berkeley Haas USA
12 15 IMD Switzerland
13 11 IE Business School Spain
14 11 Hong Kong UST
Business School
China
15 15 Northwestern Kellogg USA
16 19 Cambridge Judge UK
17 17 Duke Fuqua USA
18 18 NYU Stern USA
19 19 CEIBS China
20 18 Dartmouth Tuck USA

To truly understand the rankings, much less use them, please see the methodology so you’ll know what’s being ranked. While there are twenty factors considered in the FT rankings, the FT methodology puts the most weight on increase in salary in $US PPP (Purchasing Power Parity) and weighted salary in $US PPP.

Poets and Quants criticizes the FT rankings for absurd results in calculating “Value for Money” as well as for having too many criteria and several criteria that really don’t reflect the quality of education. Others say that it is biased against U.S. programs.

Regardless of the criticism’s validity, the FT ranking is arguably the most cited ranking of global programs because it compares U.S. and international programs in one ranking and seems to do a better job of it than the alternatives. That prominence doesn’t mean these rankings are Gospel. It does mean you have a lot of data in a format where you can easily compare MBA programs from around the world on designated criteria.

The Facts:

Here are some fun facts about FT’s 2014 rankings:

• 7 of the top 10 and 12 of the top 20 programs ranked are US schools.

• Big jumpers this year include Boston University’s business school and Washington Forster, which each jumped 20 spots, to 75th and 58th place, respectively. Another big US jumper this year was USC Marshall which jumped 17 spots to 65th place. UNC Kenan Flagler jumped up 12 slots this year from its 3-year average rank, moving from #45 to #33.

• The biggest losers this year include Dublin’s Smurfit School (dropped 27 spots to 91st place) and Vlerick Business School (fell 16 places to 100th place), as well as the schools which disappeared off the list entirely: U of Iowa’s Tippie School (74th last year), Korea University Business School (86th last year), Incae Business School in Costa Rica (90th last year), Case Western’s Weatherhead School (94th last year), and others.

• Newcomers to the list include: UC Davis (98th), Wake Forest (94th), BYU’s Marriott School (93rd), and ESMT European School of Management and Technology in Germany (89th).

• In terms of geographic representation, the top 20 schools are all in the US, UK, Europe (France, Spain, Switzerland), China, and Singapore, but further down the list, other countries gain their spots: India comes in at 30th place with the Indian Institute of Management in Ahmedabad; SDA Bocconi in 31st place represents Italy; South Korea appears in 45th place with Sungkyunkwan University’s GSB; Canada’s first school on the list is Toronto Rotman at 51st place; Portugal follows with The Lisbon MBA in 52nd place (new to list); South Africa’s U. of Cape Town GSB comes in at 59th place; in the 62nd slot we have Australia’s Australian Graduate School of Management; and Brazil’s Coppead is in 79th place.

•  The city with the highest concentration of schools in the top 100 is (of course) Boston with six top b-schools – Harvard (1), MIT Sloan (8), Hult International Business School (61), BU School of Management (75), Boston College Carroll (82), and Babson Olin (95).

The Analysis:

While it’s fun to look at the changes – who climbed and who sank – for me the real lessons from this ranking are:

1. The top programs move and change very slowly. That lack of drama in these rankings is a better reflection of reality than the gyrations one sees outside the top twenty. Significant change takes time so sharp jumps and dives probably mean nothing. Sustained change in ranking has greater credibility – if you value the same qualities as the FT.

2. The one point made repeatedly in the commentary on this ranking, and it is the same conclusion I draw from both the FT ranking and the Forbes ranking, which both emphasize ROI and increase in salary, is this: The MBA education at top programs provides a solid return on investment for most students. The MBAs surveyed for the FT rankings started their MBA in 2008, just as the Great Recession hit, and graduated in 2010. These MBAs still report on average a 100% increase in salary over what they were making before they started business school.

There are obviously critics of graduate business education, specifically the MBA, and those detractors either believe an MBA isn’t valuable or that the value has declined. I agree with the latter group. However, the questions for today’s applicants are:

1. “Given my current professional background and salary and my anticipated salary after I earn an MBA, do the anticipated financial rewards plus increased job satisfaction justify the investment (both out of pocket and opportunity costs)?” The fact that those entering b-school ten or twenty years ago could anticipate a higher ROI is irrelevant. It is merely a historical curiosity and for you an unfortunate one.

2. “Is the full-time MBA – or whatever flavor you are considering – the optimal way for me to attain my MBA goals?”

FT, to its credit, also has an article on those claiming the MBA is not worth the effort. Sometimes they are right. Each one of you individually needs to examine your circumstances and goals to see if for you the MBA is an expensive waste of time and effort, or if for you it is likely to be worth both. Clearly, most of the people surveyed by Forbes, the Financial Times, and GMAC are in the latter group.

In this video  Della Bradshaw, FT’s Business Education Editor, discusses the results of this year’s FT Global MBA rankings including the finding that MBAs in the class of 2010 are now enjoying salaries double those they were earning before they entered b-school.

The Sources

• FT Global MBA Ranking 2014

•  FT: MBA Ranking 2014: Key & Methodology

•  FT: Big Names Dominate FT MBA Ranking Top Spots

•  P&Q: Winners & Losers in 2014 FT MBA Ranking

•  Accepted: 4 Ways You Should NOT Use the MBA Rankings

•  Accepted: MBA Rankings: What You Need to Know

Learn how to evaluate your profile to determine the best business school for you!

Linda Abraham By , president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

Looking for MBA Application Essay Tips?

B-school applicants: Are you looking for advice to help you answer specific essay questions on top MBA applications? Are you looking for a resource that offers up-to-date advice for the questions found on THIS YEAR’S apps?

We’d like to introduce you to our updated special report, Top MBA Program Essay Questions: How to Answer Them Right! In this report, you’ll receive school-by-school, question-by-question advice on how to answer the questions on this year’s MBA applications.

Download your copy of "Top MBA Program Essay Questions: How to Answer Them Right"

If you want the most detailed advice available for creating the best MBA application possible, then you’ll want to download Top MBA Program Essay Questions: How to Answer Them Right! now!

Download your free MBA application essay tips now!

Accepted.com

Best B-Schools for Entrepreneurs

Want to get into to Chicago Booth? Register for our free webinar to learn how.

There’s also prize money involved – about $200,000 to split among the 30 winners of the New Venture Challenge at Chicago Both.

A recent Wall Street Journal article discusses the difficult mission of finding the right b-school for entrepreneurs. It lists the different rankings sites and the variety of results they offer for top entrepreneur-focused b-school programs: Businessweek puts Stanford at the top of the list; Entrepreneur magazine gives top marks to Michigan Ross; and Poets & Quants gives Harvard Business School the #1 spot.

The article also points out how different schools showcase their entrepreneurial strengths in different ways: Stanford touts the most startups per student as well as its access to investors; HBS highlights that its student ventures attracted the most funding; and Booth measures its start-up success by the number of ventures purchased or merged. Other programs emphasize their efforts to mix with other school departments, like Penn with its entrepreneur and engineering/computer science programs and CMU Tepper with its business/computer science co-led Center for Innovation and Entrepreneurship.

Focus on Chicago Booth

In the last year, at least eight Chicago Booth student ventures acquired or merged, in part due to the school’s New Venture Challenge – a program in which students present business plans (about 100 total) from which investors choose the top 30. The selected students then enroll in a course that helps them prepare their plans for investor pitches. There’s also prize money involved – about $200,000 to split among the 30 winners.

Check out our recent podcast interview for the lowdown on •	A law degree as a path to the business world   •	When to get an MBA and a JD •	Advice for anyone considering a degree in law or business and more!

Accepted.com

2013 P&Q Top B-School Rankings

Get application essay tips for the top b-school applications!

Harvard Business School is the top MBA program for the fourth year in a row.

The top 8 schools in the 2013 Poets & Quants b-school rankings remain unchanged from last year, with slots 9 and 10 merely swapping positions (Duke Fuqua moved from 10th place to 9th place and UC Berkeley Haas moved from 9th to 10th).

On HBS…

About Harvard Business School, top MBA program for the fourth year in a row, John Byrne, P&Q editor, says:

Despite less-than-flattering publicity generated by a New York Times’ front page story on gender inequality at Harvard, an MBA from the school remains the quintessential credential in business. No rival beats Harvard in the formidable resources it brings to the game: the outsized number of superstar professors, the diversity of its course offerings, the stellar quality of its students, the size and scope of its campus, and the career achievements of its alumni spread all over the world.

He goes on to sing praises for this year’s HBS entering class – an average GMAT score of 720, a 3.9% increase in application volume, a record high of women (at 41% of the class), and an average undergrad GPA of 3.67.

Other Highlights…

• Chicago Booth ranked ahead of Wharton for the fourth year in a row, making the top three Harvard, Stanford, and Chicago (H/S/C) instead of the traditional Harvard, Stanford, and Wharton (H/S/W).

• Wharton was the only school in the top 10 to see a decrease in its application volume this year with a 5.8% decrease.

• Booth saw the highest boost in app volume with a 9.9% increase.

• For top b-schools outside of the U.S., London Business School again took the top slot.

• Two big jumpers in the top 50 include U. of Washington which jumped 9 places from 33rd place to 24th and Georgia Tech which also jumped 9 places from 40th to 31st place.

The Top 20

2013 P&Q Rank and School 2012 P&Q Rank BW FT
1. Harvard Business School 1 2 2
2. Stanford GSB 2 4 2
3. Chicago Booth 3 1 6
4. UPenn Wharton 4 3 3
5. Northwestern Kellogg 5 5 8
6. MIT Sloan 6 9 5
7. Columbia 7 13 4
8. Dartmouth Tuck 8 12 10
9. Duke Fuqua 10 6 11
10. UC Berkeley Haas 9 14 7
11. Cornell Johnson 11 7 14
12. Michigan Ross 13 8 15
13. UVA Darden 12 10 16
14. UCLA Anderson 17 18 13
15. NYU Stern 14 16 12
16. CMU Tepper 16 11 19
17. Yale SOM 15 21 9
18. UNC Kenan- Flagler 19 17 21
19. Texas McCombs 18 19 22
20. Indiana Kelley 21 15 26

Download our free special report: Best MBA Programs

Accepted.com