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March 22, 2020

Reading Time: 2 minutes

U.S. News Announces 2021 Ranking of Best MBA Programs

US News Announces 2021 Ranking of Best MBA Programs

The U.S. News 2023 ranking is now live! Click here to check it out >>

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U.S. News just released its 2021 ranking of full-time and part-time MBA programs. The rankings are based on expert opinions about the quality of each program and statistical indicators that calculate the quality of a program’s faculty, research, and students. The reputation surveys were sent to academics and professionals in fall 2019 and early 2020. This year, for the first time, the specialties of business analytics, real estate, and project management are ranked.

In order to rank each school. U.S. News assessed the data for each quality indicator and then standardized the value of each indicator about its mean. Each indicator has a weight assigned to it, which indicates U.S. News’ judgment about their relative importance, after consulting with experts in the field. 

<< Are you competitive at your dream school?
Check out the Selectivity Index to find out! >>

These final scores were rescaled to give the highest-scoring school a score of 100, with the other schools’ scores recalculated as a percentage of the top score. A school with a score of 100 did not necessarily receive the highest score on every indicator, it merely accrued the highest composite score.

Highlights of the 2021 MBA Ranking

  • The biggest news of all is that Harvard Business School slipped down to sixth place this year from third in the 2019 full-time rankings. 

  • Stanford University gained a position this year to tie the University of Pennsylvania for the top slot for full-time MBA programs. 

  • Northwestern University jumped from a three-way tie for 6th place last year to a two-way tie this year at #3 with the University of Chicago. 

  • New York University broke into the Top 10 this year, jumping from a three-way tie for #12 to the #10 spot. 

  • Further down in the rankings, North Carolina State University leapt more than 30 spots, from a tie at #85 to #52 this year.

  • Chicago Booth maintained the top position among part-time MBA programs. 

  • Also in the part-time rankings, the University of Washington joined the Top 10 this year, rising from a two-way tie at #12 to #10 this year.  

2021 Top 10 full-time MBA programs

RankSchoolLocation
1Stanford UniversityStanford, CA
1UPenn WhartonPhiladelphia, PA
3Northwestern KelloggEvanston, IL
3Chicago BoothChicago, IL
5MIT SloanCambridge, MA
6Harvard Business SchoolBoston, MA
7UC Berkeley-HaasBerkeley, CA
8Columbia Business SchoolNew York, NY
9Yale SOMNew Haven, CT
10New York University SternNew York, NY

2021 Top 10 part-time MBA programs

RankSchoolLocation
1Chicago BoothChicago, IL
2UC Berkeley-HaasBerkeley, CA
3Northwestern KelloggEvanston, IL
4NYU SternNew York, NY
5UCLA AndersonLos Angeles, CA
6Michigan RossAnn Arbor, MI
7UT McCombsAustin, TX
8Carnegie Mellon University TepperPittsburgh, PA
9Indiana KelleyBloomington, IN
10Emory GoizuetaAtlanta, GA

Would you like to be a member of the class of 2022 in one of these top programs? Check out our MBA Admissions Consulting & Editing Services and work one-on-one with an expert consultant to create an application that will get you ACCEPTED!

Best MBA Programs: A Guide to Selecting the Right One - Download your copy today!

AcceptedFor 25 years, Accepted has helped business school applicants gain acceptance to top programs. Our outstanding team of MBA admissions consultants features former business school admissions directors and professional writers who have guided our clients to admission at top MBA, EMBA, and other graduate business programs worldwide including Harvard, Stanford, Wharton, Booth, INSEAD, London Business School, and many more. Want an MBA admissions expert to help you get Accepted? Click here to get in touch!

 

Related Resources:

  • The Ultimate Guide to Becoming a Competitive MBA Applicant, a free guide
  • Business School Selectivity Index [Can I Get Into My Dream School?]
  • Do MBA Rankings Matter?

Article by Accepted / MBA Admissions / Chicago Booth, CMU Tepper, Columbia Business School, Emory Goizueta, Harvard, Indiana Kelley, Michigan Ross, MIT Sloan, Northwestern Kellogg, NYU Stern, Stanford GSB, UC Berkeley Haas, UCLA Anderson, UT McCombs, Wharton, Yale SOM

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