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 79 Followers 200 Discussions
Stanford, California 89 Followers 166 Discussions
Durham, North Carolina 49 Followers 98 Discussions
Chicago, Illinois 36 Followers 142 Discussions
Hanover, New Hampshire 16 Followers 49 Discussions

More MBA News

Jun 07, 2021

Access Online to Hold Global MBA Online Events in June and July

Jun 07, 2021

More MBA News

MBA Articles

Does it Make Sense to Apply for an MBA in a Pandemic?

Jun 09, 2021

The MBA market rebounded strongly after coronavirus hit employment, but the economic outlook is now looking much brighter

MBA Programs Nurture the Human Side of Leadership

May 20, 2021

Employers nudge business schools to focus on social and emotional skills such as empathy and emotional intelligence

Pandemic Stalls Progress on Gender Balance at Business School

May 12, 2021

Increased interest in MBA programs, across the board, is raising concerns that progress could go into reverse

More Articles

Related Top 10 Lists

More Top 10 Lists