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Everything you need to know to get Accepted

September 26, 2019

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Forbes 2019 Best Business Schools: Booth Tops the List

Forbes Releases 2019 Best Business Schools Rankings

Forbes has released its 2019 rankings of full-time MBA programs in the U.S. and one-year programs internationally. These rankings are based on responses from more than 100 schools and 17,500 alumni around the world. Graduates’ earnings in their first five years after graduation from business school were compared to their opportunity cost, which gave Forbes a five-year MBA gain – the basis for the final rank.

The alumni survey reveals that an MBA from one of the top schools continues to be very valuable, and pays for itself in approximately four years. Alumni from the class of 2014 at the top 25 U.S. programs boosted their salaries from an average of $73,000 before their MBA to $193,000 last year. Salaries have gone up on average 10% each year since graduation.

Top 10 U.S. business schools

RankSchoolLocation5-Year MBA GainYears to PaybackPre-MBA Salary2018 SalaryTuitionGMAT
1Chicago BoothChicago, IL$94.4K3.9$83K$245K$149K730
2StanfordPalo Alto, C$90.8K4.2$86K$250K$144K732
3Northwestern KelloggEvanston, IL$89.6K3.9$76K$215K$150K740
4Harvard Business SchoolBoston, MA$86.5K4.1$88K$230K$161K730
5Pennsylvania WhartonPhiladelphia, PA$84.7K4.1$92K$230K$158K732
6Dartmouth TuckHanover, NH$82.7K4$84K$233K$153K720
7Columbia Business SchoolNew York, NY$80.9K4.1$82K$230K$160K740
8MIT SloanCambridge, MA$80.9K4.1$80K$215K$154K730
9Cornell JohnsonIthaca, NY$78.3K4$68K$195K$142K700
10Michigan RossAnn Arbor, MI$78K3.9$72K$180K$140K720

Top 10 one-year international programs

RankSchoolLocation5-Year MBA GainYears to PaybackPre-MBA Salary2018 SalaryTuitionGMAT
1IMDLausanne, Switzerland$168.9K2.7$82K$200K$85K680
2INSEADFountainebleau, France; Singapore$154.7K2.6$79K$195K$90K710
3Cambridge JudgeCambridge, United Kingdom$153K2.4$67K$183K$65K700
4SDA BocconiMilan, Italy$135.5K2.5$60K$165K$57K665
5Oxford SaidOxford, United Kingdom$127.3K2.8$76K$177K$71K690
6IE Business SchoolMadrid, Spain$104.3K3.2$58K$149K$79K686
7Indian School of BusinessHyderabad, India$90.5K2.4$15K$62K$37K710
8WarwickCoventry, United Kingdom$83.8K2.9$53K$139K$48K660
9MannheimMannheim, Germany$83K3$51K$125K$42K680
10ESMT BerlinBerlin, Germany$86.2K3.4$49K$118K$49K650

Do you need help choosing the best business school for you? Get matched with an Accepted advisor today who will guide you through the process of finding, applying to, and getting accepted to the ideal MBA program for you. Explore our MBA Admissions Consulting for more information.

Click here to find out if you are misusing the business school rankings

by Linda Abraham, Accepted FounderBy Linda Abraham, president and founder of Accepted. Linda earned her bachelors and MBA at UCLA, and has been advising applicants since 1994 when she founded Accepted. Linda is the co-founder and first president of AIGAC. She has written or co-authored 13 e-books on the admissions process, and has been quoted by The Wall Street Journal, U.S. News, Poets & Quants, Bloomberg Businessweek, CBS News, and others. Linda is the host of Admissions Straight Talk, a podcast for graduate school applicants. Want an admissions expert help you get accepted? Click here to get in touch!

 

Related Resources:

• Navigate the MBA Application Maze: 9 Tips to Acceptance, a free guide
• A Conversation About Today’s MBA Marketplace, a podcast episode
• Do MBA Rankings Matter?

Article by Linda Abraham / MBA Admissions / Cambridge Judge, Chicago Booth, Columbia Business School, Cornell Johnson, Dartmouth Tuck, ESADE, Forbes, Harvard, IESE, IMD, Indian School of Business, INSEAD, MBA Rankings, Michigan Ross, MIT Sloan, Northwestern Kellogg, Oxford Said, Stanford GSB, Wharton

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