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 62 Followers 195 Discussions
Stanford, California 75 Followers 162 Discussions
Durham, North Carolina 42 Followers 97 Discussions
Chicago, Illinois 31 Followers 139 Discussions
Hanover, New Hampshire 13 Followers 45 Discussions

More MBA News

May 22, 2019

UC Davis Launches Online MBA

May 22, 2019

More MBA News

MBA Articles

MBA Students Flock to Silicon Valley to Shape the Future of Technology

May 01, 2019

A career at a tech company such as Apple or Amazon has become sought-after at business school, but some in the industry remain skeptical about hiring MBAs

Specialist MBA Degrees Find their Niche in Business Education

Apr 10, 2019

General and specialized MBAs both have distinct advantages. Which one prospective students choose will come down to their planned career path

MBA Graduates in the US are Entering the Hottest Job Market in Decades

Mar 25, 2019

US business schools are reporting record employment rates and starting salaries for their freshly minted MBA grads, but there’s growing gap in job prospects between US nationals and overseas students

More Articles

Related Top 10 Lists

More Top 10 Lists