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 31 Followers 139 Discussions
Evanston, Illinois 60 Followers 186 Discussions
Boston, Massachusetts 66 Followers 198 Discussions
Philadelphia, Pennsylvania 54 Followers 162 Discussions
Stanford, California 79 Followers 164 Discussions
Barcelona, Spain 25 Followers 141 Discussions
Madrid, Spain 3 Followers 104 Discussions
São Paulo, Brazil 1 Follower 0 Discussions
München, Germany 2 Followers 1 Discussion
Ann Arbor, Michigan 35 Followers 83 Discussions
Los Angeles, California 76 Followers 136 Discussions
Charlottesville, Virginia 25 Followers 58 Discussions
New York City, New York 142 Followers 232 Discussions
Berkeley, California 80 Followers 108 Discussions
Hanover, New Hampshire 13 Followers 46 Discussions
Full Profile
Jouy-en-Josas, France 83 Followers 339 Discussions
New Haven, Connecticut 37 Followers 59 Discussions
Cambridge, Massachusetts 42 Followers 158 Discussions
New York City, New York 147 Followers 238 Discussions
Coventry, United Kingdom 73 Followers 525 Discussions
Ithaca, New York 77 Followers 127 Discussions

More MBA News

Nov 13, 2019

Bloomberg Businessweek Updates US MBA Ranking for 2019

Nov 13, 2019

More MBA News

MBA Articles

Should You Take the GMAT, GRE or Executive Assessment (EA)?

Nov 14, 2019

There are a growing number of admissions exams to pick from. The choice could be significant

Amid a Booming US Job Market, Now is a Great Time to get an MBA

Nov 08, 2019

Several business schools have reported record starting salaries and employment rates for this year’s MBA class, yet they say the degree is far from enough on its own to ensure employment

How Business Schools Are Embracing Sustainability

Nov 04, 2019

Business education is going beyond the bottom line to teach students about issues such as climate change, resource efficiency and poverty mitigation

More Articles

Related Top 10 Lists

More Top 10 Lists