The Economist Releases its 2018 MBA Ranking

US schools continue to dominate; Chicago - Booth leads this year's list

News magazine The Economist has released its 2018 MBA Ranking.

This year, the MBA from the University of Chicago's Booth School of Business leads the list. It's taken the top spot from Northwestern University's Kellogg School of Management, which has fallen to number two. The MBAs from Harvard, the Wharton School, and Stanford hold steady at positions three, four, and five, in that order.

The MBA from Spain's IESE Business School has risen 11 spots to land squarely in the top ten of this year's ranking, taking position number six. The University of Michigan's Ross School of Business has also made solid gains in this year's ranking, rising five spots to land at spot number seven. The MBA from UCLA's Anderson School of Management has dropped two positions to take spot number eight, and the University of Virginia's Darden School of Business is in position number nine. The MBA from Columbia rounds out the the top 10 in the 2018 Economist ranking.

The Economist MBA Ranking 2018: rising salaries, rising costs

Of the top 20 MBA programs in this year's Economist MBA Ranking, Stanford has the highest average salary of $144,455. That's a 68 percent increase on graduates' pre-MBA salary, on average. The largest boost between pre- and post MBA salaries belongs to HEC Paris (ranked 13), whose graduates, on average, increased their salaries by 152 percent after the MBA.

According to coverage by the Economist, All this comes at a price, the fees of the American MBA programs in the top 20 of this year's ranking now average $123,000, and are rising quickly. For those on a budget who want to do a ranked MBA, non-US schools look to be a good alternative, mainly due to their shorter length (usually one year, versus two for US MBAs), and currency issues. For instance, fees for the one-year MBA at the UK's Warwick Business School (ranked 18th in this year's Economist MBA Ranking), amount to just under $50,000 USD.

The Economist's 2018 MBA ranking (top 20 schools)

See below for this year's top 20 schools from the Economist MBA Ranking, along with each school's change from the previous year's ranking.

Economist 2018 Rank Business School Change from 2017
1

Chicago - Booth

+1
2 Northwestern - Kellogg -1
3 Harvard no change
4 Wharton no change
5 Stanford no change
6 IESE Business School 11
7 Michigan - Ross +5
8 UCLA - Anderson -2
9 Virginia - Darden +1
10 Columbia -1
11 UC Berkeley - Haas -4
12 Dartmouth - Tuck -4
13 HEC Paris +2
14 Yale SOM -3
15 Duke - Fuqua -2
16 MIT - Sloan +3
17 NYU - Stern -3
18 Warwick no change
19 INSEAD +2
20 Cornell - Johnson +6

Previous Economist MBA rankings coverage

 


Image: Karla Kaulfuss / CC BY 2.0 (cropped, rotated)

Comments


Related Business Schools

Chicago, Illinois 39 Followers 144 Discussions
Evanston, Illinois 68 Followers 198 Discussions
Boston, Massachusetts 79 Followers 201 Discussions
Philadelphia, Pennsylvania 64 Followers 164 Discussions
Stanford, California 90 Followers 167 Discussions
Barcelona, Spain 29 Followers 156 Discussions
Madrid, Spain 3 Followers 105 Discussions
São Paulo, Brazil 1 Follower 0 Discussions
München, Germany 2 Followers 2 Discussions
Ann Arbor, Michigan 39 Followers 85 Discussions
Los Angeles, California 83 Followers 139 Discussions
Charlottesville, Virginia 26 Followers 60 Discussions
New York City, New York 154 Followers 242 Discussions
Berkeley, California 91 Followers 114 Discussions
Hanover, New Hampshire 16 Followers 49 Discussions
Full Profile
Jouy-en-Josas, France 95 Followers 373 Discussions
New Haven, Connecticut 42 Followers 60 Discussions
Cambridge, Massachusetts 49 Followers 169 Discussions
New York City, New York 166 Followers 242 Discussions
Coventry, United Kingdom 93 Followers 532 Discussions
Ithaca, New York 82 Followers 128 Discussions

More MBA News

Jul 22, 2021

Cornell and Peking University Launch Dual-Degree Hospitality MBA

Jul 22, 2021

More MBA News

MBA Articles

MBA School Choice: Stanford Vs. Berkeley Haas

Jul 12, 2021

Their close proximity to Silicon Valley’s tech scene means these two schools have much in common, yet there are crucial differences for MBA applicants

Coronavirus Response Shapes Where People Apply to Business School

Jul 05, 2021

MBA applicants are applying to countries that have kept Covid under control and shunning regions rocked by the virus

The MBA Job Market has Recovered, but Competition is Fierce

Jun 18, 2021

As economies across the world exit lockdown, labor markets are rapidly thawing

More Articles

Related Top 10 Lists

More Top 10 Lists