Businessweek's Best Business Schools 2016 Rankings Ask: Is An MBA Worth It?

Harvard tops this year's rankings, which focus on how business schools justify the huge expense of undertaking an MBA.

Bloomberg Businessweek's business school rankings, released this week, put a spotlight on the cost of undertaking an MBA in the US.

Businessweek's Best Business Schools 2016 looks at both the attendance costs and wages lost during the study period in an attempt to better weigh-up whether increased salaries after graduation can justify what students give up.

In this year's ranking, Harvard Business School was placed first, despite the ranking's calculations that the 'real total cost' of undertaking the Harvard MBA was $384,000.

It seems the high rate of job placement (91.1% of graduates, 3 months post-graduation) and the salaries of graduates after 6 to 8 years (just under $300,000) could justify this cost.

Harvard was also ranked first last year.

This year Stanford Graduate School of Business was ranked second, up from 7th last year. Duke University's Fuqua School of Business was ranked third, followed by the University of Chicago Booth School of Business (4th) and Tuck School of Business at Dartmouth College (5th) followed.

The rankings include 87 US business schools.

The full rankings, as well as an explanation of the methodology, can be found on the Businessweek website.

See more rankings on FIND MBA's Rankings page.

BusinessWeek's 2016 US MBA Rankings (top 20)

BusinessWeek 2016 Rank Business School Change from 2015
1 Harvard -
2 Stanford +5
3 Duke - Fuqua +5
4 Chicago - Booth -2
5 Dartmouth - Tuck +9
6 Wharton -1
7 MIT - Sloan -3
8 Rice- Jones +11
9 Northwestern - Kellogg -6
10 UC Berkeley - Haas -1
11 Columbia -5
12 Virginia - Darden -
13 Michigan - Ross -3
14 Yale -3
15 Carnegie Mellon - Tepper +3
16 Cornell - Johnson -
17 NYU - Stern +7
18 Texas A&M - Mays +4
19 Washington - Foster +1
20 Emory - Goizueta -5

Image: Student Studying by Tulane Publications CC BY 2.0 (cropped)

Comments

mba hipste...    |    Nov 17, 2016 18:49
Crazy - Jones is up 11 spots from last year and is ranked higher than NYU and Columbia.
Reply

Related Business Schools

Boston, Massachusetts 80 Followers 201 Discussions
Stanford, California 90 Followers 167 Discussions
Durham, North Carolina 51 Followers 99 Discussions
Chicago, Illinois 40 Followers 144 Discussions
Hanover, New Hampshire 16 Followers 49 Discussions

More MBA News

Nov 23, 2021

Harvard MBA Worth Over $200,000 to 2021 Grads

Nov 23, 2021

More MBA News

MBA Articles

MBA Programs in Arts Management Take Center Stage

Jan 19, 2022

Some business schools have created courses that appeal to leaders of artistic and cultural institutions

MBA School Choice: MIT Sloan Vs. Berkeley Haas

Jan 10, 2022

Close community defines both programs and enables an environment of innovation, ideas and impact.

At Elite MBA Programs, GMAT Scores are Soaring to Record Highs

Dec 06, 2021

The coronavirus pandemic drove a surge in demand for MBAs, enabling schools to be far more selective in admissions

More Articles

Related Top 10 Lists

More Top 10 Lists