2014 Economist MBA Rankings

2014 Economist Full-Time Global MBA Rankings:Download your free copy of MBA Rankings: What You Need to Know

1. Chicago Booth (U.S.)

2. Dartmouth Tuck (U.S.)

3. UVA Darden (U.S.)

4. HEC Paris (France)

5. IESE Business School (Spain)

6. Harvard Business School (U.S.)

7. UC Berkeley Haas (U.S.)

8. NYU Stern (U.S.)

9. Stanford GSB (U.S.)

10. Columbia Business School (U.S.)

11. UPenn Wharton (U.S.)

12. MIT Sloan (U.S.)

13. UCLA Anderson (U.S.)

14. Northwestern Kellogg (U.S.)

15. London Business School (U.K.)

16. University of Queensland Business School (Australia)

17. Emory Goizueta (U.S.)

18. INSEAD (France)

19. Yale SOM (U.S.)

20. Michigan Ross (U.S.)

Top 10 B-Schools with the Highest GMAT Scores:

table

Top 10 MBA Programs for “Potential to Network”:

1. HEC Paris (France)

2. Vlerick Leuven Gent Management School (Belgium)

3. Thunderbird School for Global Management (U.S.)

4. NYU Stern (U.S.)

5. UC Berkeley Haas (U.S.)

6. Notre Dame Mendoza (U.S.)

7. Warwick Business School (U.K.)

8. USC Marshall (U.S.)

9. Melbourne Business School (Australia)

10. UVA Darden (U.S.)

A Poets & Quants article on the rankings states that at least 17 business schools declined to participate in this year’s rankings, many claiming that The Economist’s methodology is faulty. Some of these schools include Babson Olin, Toronto Rotman, Sauder School (British Columbia), Minnesota Carlson, McGill Desautels, Purdue Krannert, and, University of Manchester (U.K.), Imperial College Business School (U.K.), University of Illinois at Urbana-Champaign.

Regarding methodology, 80% of the data used for the rankings is derived from surveys provided by the schools themselves. The remaining 20% of information comes from current students and recent grads.

John Byrne notes that since The Economist rankings launched in 2002, Harvard, Stanford, and Wharton have never topped the charts. This year, the schools rank at 6th, 9th, and 11th place, respectively. In 2005, Harvard and Wharton weren’t included in the rankings as they declined to contribute data. (That year, those two programs also declined to participate with the Businessweek rankings.)

Matt Symonds, who wrote a critique of the rankings, “Leave no MBA ranking unquestioned,” provides these additional points:

• Booth took the #1 spot for the third year in a row, and the fifth time in the last eight years.

• There are only six European schools in the top 25; in 2008, there were 11. This year, Cambridge Judge and Oxford Saïd both dropped 15 places, to 52nd and 69th place respectively.

• The breakdown of the criteria used to rank the schools goes as follows: personal development/education experience (35%), open new career opportunities (35%), increase salary (20%), and potential to network (10%).

• This year, more than 20 schools rose or fell by double-digits (and thus the rankings have been criticized for their volatility).

• Big droppers include University of Bath School of Management which fell 23 spots from its previous 20th place; York Schulich fell to 41st place from 22nd last year.

• Big jumpers include Kellogg and Yale which both jumped 9 places up to 14th and 19th place respectively; Rochester Simon and Temple Fox both jumped 20 places to 58th and 57th place respectively.

Are You Misusing the B-School Rankings?

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Related Resources:

• MBA Rankings: Why Should I Care?
MBA Rankings: What You Need to Know
• Top 10 B-Schools with the Most Satisfied Graduates

At the Nexus of Business & Law: Penn/Wharton’s JD/MBA

Listen to the full recording of our conversation about the JD/MBA Program!Is your future in the place where law and business collide? Meet the woman who juggles the two worlds of law and business school (and she has two offices to show for it!).

Listen to the recording of our conversation with Colleen France, Associate Director of JD/MBA Programs at Penn Law & The Wharton School, for the low down on this very intense program.

00:02:46 – From admissions to capstone: a comprehensive overview of the 3 year JD/MBA Program.

00:08:54 – Who the 4-year JD/MBA Program is for.

00:12:25 – What the adcom is looking for: How applications are submitted and evaluated.

00:15:45 – How the integrated program works.

00:21:00 – A glance at the (highly impressive) JD/MBA class profile.

00:23:40 – What would make Colleen excited about an applicant.

00:26:39 – The graduates: where are they & what are they saying about their JD/MBA experience.

00:30:11 – Are the 3-year students cut short?

00:34:10 – Great advice for potential applicants.

Listen to the full conversation to learn more!*Theme music is courtesy of podcastthemes.com.

Related Links:

The JD/MBA Program  
• 
The Wharton School 
• University of Pennsylvania Law School
The JD/MBA Program on Tubmlr  
• 
The JD/ MBA Program on Twitter 
• Interview with JD/MBA Student Craig Carter 

Related Shows:

Global Business Leadership at Wharton’s Lauder Institute
• Healthcare Management at Wharton and at Large
• Business, Law and Beyond: An Interview with John Engelman
• CommonBond’s Story: A Revolution in Student Loans

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The webinar is loaded with specific, concrete tips that will guide applicants through the Wharton admissions process, from creating a stand-out application to acing the Wharton group interview…and everything in between!

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Top 10 Most Expensive Private Business Schools in the U.S.

In 2013-2014, b-school prices at private, elite business schools in the U.S. increased about $3,000 since the previous academic year. The average tuition for these 10 costly programs is almost $13,000 more than the average tuition of all ranked programs.

By contrast, one of the least expensive schools (not listed below) is Brigham Young’s Marriott School of Management with tuition and fees at $22,560 (and only $11,280 for students of the Church of Jesus Christ of Latter-day Saints faith).

Check out our B-School Zones to learn more about the top MBA programs!

Source: U.S. News “The Short List”

Check out our free webinar: How to Pay for Your MBA

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Related Resources:

• Which B-Schools Offer the Most Scholarships?
• CommonBond’s Story: A Revolution in Student Loans
• MBA Scholarships: How Do I Apply and What Should I Emphasize?

Wharton Class of 2015 Profile

Let’s take a look at Wharton’s class of 2015 profile (from Wharton’s website):

Applying to Wharton? Join our webinar to learn how to get in!• Total applicants: 6,036
• Women: 42%
• Enrolled class: 837
• International students: 35%
• U.S. minorities: 30%
• Range of years of work experience: 0-13
• Mean years of work experience: 5
• Mean overall GMAT: 725
• Middle 80% GMAT range: 690-760
• Undergraduate majors:

-  STEM (25%)
–  Business (28%)
–  Humanities/social sciences/economics (44%)
– Other (3%)

 • Industry experience:

Join our upcoming webinar for great advice on how to get accepted to Wharton!

Are you looking to join the next Wharton class? Join us for our upcoming webinar, Get Accepted to the Wharton School, to learn key strategies to help you get accepted to Wharton and other top business schools!

Date: Tuesday, August 19, 2014
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