Photograph by Brent Lewin/Bloomberg

2012 Best U.S. Business Schools

  1. Booth, Harvard, Wharton Top List
    1

    Booth, Harvard, Wharton Top List

    In the almost quarter-century that Bloomberg Businessweek has been ranking business schools, there has been only one school that has snagged four consecutive No. 1 spots, the University of Pennsylvania's Wharton School. Until now. With its No. 1 ranking in the magazine's 2012 Best B-Schools list, the University of Chicago's Booth School of Business becomes the second institution with that kind of staying power. Come 2014, Booth will be poised to overtake Wharton's achievement and become the winningest school in the ranking's history.

    Methodology: The ranking is based on three surveys of MBA grads (2012, 2010, and 2008) with 27,523 total responses that combined contribute 45 percent to the final ranking; three surveys of MBA recruiters (2012, 2010, and 2008) with 663 total responses that combined contribute an additional 45 percent; and a review of faculty research published over a four-year period in 20 top academic journals that contributes the final 10 percent. Tuition and fees are for the entire MBA program; where applicable, nonresident figures are used. Pre-MBA pay is the median base salary for the incoming class of 2012; post-MBA pay is the median base salary for the graduating class of 2012. Job offers are the percentage of job-seeking 2012 MBA graduates reporting at least one job offer within three months of graduation. Letter grades are based on one or more questions from the 2012 student survey. A+=top 20 percent; A=next 25 percent; B=next 35 percent; C=bottom 20 percent. No D's or F's awarded.

    (Corrects the time frame of faculty research that is reviewed for the rankings in slide 1; also reorders slides to reflect revised rankings corrected for miscalculations in the Intellectual Capital score.)

    Photograph by Brent Lewin/Bloomberg
  2. 1. University of Chicago
    2

    1. University of Chicago

    Booth School of Business

    2010 Rank: 1
    Tuition & Fees: $111,587
    Selectivity: 23%

    Pre-MBA Pay: $75,000*
    Post-MBA Pay: $115,000
    Job Offers: 95%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A+
    Leadership: B
    Classmates: A

    Take the Booth Virtual Tour Check out the Booth Profile Compare Booth to other top programs with the B-School Finder Discuss Booth on the B-School Forums

    *Based on Bloomberg Businessweek survey of Booth MBA graduates

    Courtesy University of Chicago
  3. 2. Harvard University
    3

    2. Harvard University

    Harvard Business School

    2010 Rank: 2
    Tuition & Fees: $126,576
    Selectivity: 13%

    Pre-MBA Pay: $90,000*
    Post-MBA Pay: $120,000
    Job Offers: 95.1%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A+
    Leadership: A
    Classmates: A

    Take the Harvard Virtual Tour Check out the Harvard Profile Compare Harvard to other top programs with the B-School Finder Discuss Harvard on the B-School Forums

    *Based on Bloomberg Businessweek survey of Harvard MBA graduates

    Courtesy Harvard University
  4. 3. University of Pennsylvania
    4

    3. University of Pennsylvania

    Wharton School

    2010 Rank: 3
    Tuition & Fees: $121,610
    Selectivity: NA

    Pre-MBA Pay: $90,000*
    Post-MBA Pay: $120,000
    Job Offers: 95.2%

    Students Rate the Program:
    Career Services: A+
    Teaching: B
    Critical Thinking: A
    Leadership: A+
    Classmates: A

    Take the Wharton Virtual Tour Check out the Wharton Profile Compare Wharton to other top programs with the B-School Finder Discuss Wharton on the B-School Forums

    *Based on Bloomberg Businessweek survey of Wharton MBA graduates

    Courtesy University of Pennsylvania
  5. 4. Stanford University
    5

    4. Stanford University

    Graduate School of Business

    2010 Rank: 5
    Tuition & Fees: $118,020
    Selectivity: 7%

    Pre-MBA Pay: $90,000*
    Post-MBA Pay: $125,000
    Job Offers: 90%

    Students Rate the Program:
    Career Services: A
    Teaching: B
    Critical Thinking: A+
    Leadership: A+
    Classmates: A+

    Take the Stanford Virtual Tour Check out the Stanford Profile Compare Stanford to other top programs with the B-School Finder Discuss Stanford on the B-School Forums

    *Based on Bloomberg Businessweek survey of Stanford MBA graduates

    Courtesy Stanford University
  6. 5. Northwestern University
    6

    5. Northwestern University

    Kellogg School of Management

    2010 Rank: 4
    Tuition & Fees: $113,100
    Selectivity: 24%

    Pre-MBA Pay: $79,000
    Post-MBA Pay: $115,000
    Job Offers: 95.6%

    Students Rate the Program:
    Career Services: A
    Teaching: B
    Critical Thinking: A
    Leadership: A
    Classmates: A+

    Take the Kellogg Virtual Tour Check out the Kellogg Profile Compare Kellogg to other top programs with the B-School Finder Discuss Kellogg on the B-School Forums

    Courtesy
  7. 6. Duke University
    7

    6. Duke University

    Fuqua School of Business

    2010 Rank: 6
    Tuition & Fees: $109,844
    Selectivity: 27%

    Pre-MBA Pay: $60,000
    Post-MBA Pay: $110,000
    Job Offers: 92%

    Students Rate the Program:
    Career Services: B
    Teaching: A
    Critical Thinking: A
    Leadership: A
    Classmates: A

    Take the Fuqua Virtual Tour Check out the Fuqua Profile Compare Fuqua to other top programs with the B-School Finder Discuss Fuqua on the B-School Forums

    Courtesy
  8. 7. Cornell University
    8

    7. Cornell University

    Johnson Graduate School of Management

    2010 Rank: 13
    Tuition & Fees: $107,592
    Selectivity: 28%

    Pre-MBA Pay: $60,000
    Post-MBA Pay: $100,000
    Job Offers: 92%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A+
    Leadership: A+
    Classmates: A+

    Take the Johnson Virtual Tour Check out the Johnson Profile Compare Johnson to other top programs with the B-School Finder Discuss Johnson on the B-School Forums

    Courtesy
  9. 8. University of Michigan
    9

    8. University of Michigan

    Ross School of Business

    2010 Rank: 7
    Tuition & Fees: $110,389
    Selectivity: NA

    Pre-MBA Pay: $61,000
    Post-MBA Pay: $110,000
    Job Offers: 85%

    Students Rate the Program:
    Career Services: A
    Teaching: A
    Critical Thinking: A
    Leadership: A+
    Classmates: A

    Take the Ross Virtual Tour Check out the Ross Profile Compare Ross to other top programs with the B-School Finder Discuss Ross on the B-School Forums

    Courtesy
  10. 9. Massachusetts Institute of Technology
    10

    9. Massachusetts Institute of Technology

    Sloan School of Management

    2010 Rank: 10
    Tuition & Fees: $108,400
    Selectivity: 16%

    Pre-MBA Pay: $80,000*
    Post-MBA Pay: $118,500
    Job Offers: 96%

    Students Rate the Program:
    Career Services: A
    Teaching: B
    Critical Thinking: A
    Leadership: B
    Classmates: A+

    Take the Sloan Virtual Tour Check out the Sloan Profile Compare Sloan to other top programs with the B-School Finder Discuss Sloan on the B-School Forums

    *Based on Bloomberg Businessweek survey of Sloan MBA graduates

    Courtesy
  11. 10. University of Virginia
    11

    10. University of Virginia

    Darden School of Business

    2010 Rank: 11
    Tuition & Fees: $105,900
    Selectivity: 27%

    Pre-MBA Pay: $66,000*
    Post-MBA Pay: $105,000
    Job Offers: 94%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A+
    Leadership: A+
    Classmates: A

    Take the Darden Virtual Tour Check out the Darden Profile Compare Darden to other top programs with the B-School Finder Discuss Darden on the B-School Forums

    *Based on Bloomberg Businessweek survey of Darden MBA graduates

    Courtesy
  12. 11. Carnegie Mellon University
    12

    11. Carnegie Mellon University

    Tepper School of Business

    2010 Rank: 15
    Tuition & Fees: $111,600
    Selectivity: 27%

    Pre-MBA Pay: $52,000
    Post-MBA Pay: $105,000
    Job Offers: 91.9%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A+
    Leadership: A+
    Classmates: A+

    Take the Tepper Virtual Tour Check out the Tepper Profile Compare Tepper to other top programs with the B-School Finder Discuss Tepper on the B-School Forums

    Courtesy Carnegie Mellon University
  13. 12. Dartmouth College
    13

    12. Dartmouth College

    Tuck School of Business

    2010 Rank: 14
    Tuition & Fees: $117,930
    Selectivity: 20%

    Pre-MBA Pay: $64,700
    Post-MBA Pay: $115,000
    Job Offers: 95%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A+
    Leadership: A+
    Classmates: A+

    Take the Tuck Virtual Tour Check out the Tuck Profile Compare Tuck to other top programs with the B-School Finder Discuss Tuck on the B-School Forums

    Courtesy
  14. 14. University of California, Berkeley
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    14. University of California, Berkeley

    Haas School of Business

    2010 Rank: 8
    Tuition & Fees: $112,550
    Selectivity: NA

    Pre-MBA Pay: $72,000
    Post-MBA Pay: $115,000
    Job Offers: 95.9%

    Students Rate the Program:
    Career Services: A
    Teaching: B
    Critical Thinking: A
    Leadership: A
    Classmates: A+

    Take the Haas Virtual Tour Check out the Haas Profile Compare Haas to other top programs with the B-School Finder Discuss Haas on the B-School Forums

    Courtesy
  15. 13. Columbia University
    15

    13. Columbia University

    Columbia Business School

    2010 Rank: 9
    Tuition & Fees: $118,424
    Selectivity: 21%

    Pre-MBA Pay: $80,000*
    Post-MBA Pay: $110,000
    Job Offers: 96%

    Students Rate the Program:
    Career Services: A
    Teaching: B
    Critical Thinking: B
    Leadership: B
    Classmates: A

    Take the Columbia Virtual Tour Check out the Columbia Profile Compare Columbia to other top programs with the B-School Finder Discuss Columbia on the B-School Forums

    *Based on Bloomberg Businessweek survey of Columbia MBA graduates

    Courtesy
  16. 15. Indiana University
    16

    15. Indiana University

    Kelley School of Business

    2010 Rank: 19
    Tuition & Fees: $91,088
    Selectivity: 39%

    Pre-MBA Pay: $45,300
    Post-MBA Pay: $99,500
    Job Offers: 95%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A+
    Leadership: A+
    Classmates: A+

    Take the Kelley Virtual Tour Check out the Kelley Profile Compare Kelley to other top programs with the B-School Finder Discuss Kelley on the B-School Forums

    Courtesy
  17. 16. New York University
    17

    16. New York University

    Stern School of Business

    2010 Rank: 18
    Tuition & Fees: $111,708
    Selectivity: 16%

    Pre-MBA Pay: $67,389
    Post-MBA Pay: $100,000
    Job Offers: 94%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A+
    Leadership: A+
    Classmates: A+

    Take the Stern Virtual Tour Check out the Stern Profile Compare Stern to other top programs with the B-School Finder Discuss Stern on the B-School Forums

    Courtesy
  18. 17. University of North Carolina, Chapel Hill
    18

    17. University of North Carolina, Chapel Hill

    Kenan-Flagler Business School

    2010 Rank: 16
    Tuition & Fees: $106,343
    Selectivity: 43%

    Pre-MBA Pay: $45,000
    Post-MBA Pay: $100,000
    Job Offers: 88%

    Students Rate the Program:
    Career Services: A
    Teaching: A
    Critical Thinking: B
    Leadership: A+
    Classmates: A

    Take the Kenan-Flagler Virtual Tour Check out the Kenan-Flagler Profile Compare Kenan-Flagler to other top programs with the B-School Finder Discuss Kenan-Flagler on the B-School Forums

    Courtesy
  19. 18. UCLA
    19

    18. UCLA

    Anderson School of Management

    2010 Rank: 17
    Tuition & Fees: $109,060
    Selectivity: 23%

    Pre-MBA Pay: $62,000
    Post-MBA Pay: $103,500
    Job Offers: 91%

    Students Rate the Program:
    Career Services: A+
    Teaching: B
    Critical Thinking: A
    Leadership: A
    Classmates: A

    Take the Anderson Virtual Tour Check out the Anderson Profile Compare Anderson to other top programs with the B-School Finder Discuss Anderson on the B-School Forums

    Courtesy
  20. 19. University of Texas, Austin
    20

    19. University of Texas, Austin

    McCombs School of Business

    2010 Rank: 25
    Tuition & Fees: $98,364
    Selectivity: 29%

    Pre-MBA Pay: $64,500
    Post-MBA Pay: $100,000
    Job Offers: 94.3%

    Students Rate the Program:
    Career Services: A
    Teaching: B
    Critical Thinking: B
    Leadership: A
    Classmates: A

    Take the McCombs Virtual Tour Check out the McCombs Profile Compare McCombs to other top programs with the B-School Finder Discuss McCombs on the B-School Forums

    Courtesy
  21. 20. University of Notre Dame
    21

    20. University of Notre Dame

    Mendoza College of Business

    2010 Rank: 24
    Tuition & Fees: $90,410
    Selectivity: 35%

    Pre-MBA Pay: $40,000
    Post-MBA Pay: $99,500
    Job Offers: 93%

    Students Rate the Program:
    Career Services: A
    Teaching: A
    Critical Thinking: A
    Leadership: A
    Classmates: B

    Take the Mendoza Virtual Tour Check out the Mendoza Profile Compare Mendoza to other top programs with the B-School Finder Discuss Mendoza on the B-School Forums

    Courtesy
  22. 21. Yale University
    22

    21. Yale University

    Yale School of Management

    2010 Rank: 21
    Tuition & Fees: $115,321
    Selectivity: 21%

    Pre-MBA Pay: $62,434
    Post-MBA Pay: $100,000
    Job Offers: 90%

    Students Rate the Program:
    Career Services: A
    Teaching: A
    Critical Thinking: A+
    Leadership: A
    Classmates: A+

    Take the Yale Virtual Tour Check out the Yale Profile Compare Yale to other top programs with the B-School Finder Discuss Yale on the B-School Forums

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  23. 22. Emory University
    23

    22. Emory University

    Goizueta Business School

    2010 Rank: 22
    Tuition & Fees: $94,548
    Selectivity: 34%

    Pre-MBA Pay: $50,000
    Post-MBA Pay: $100,000
    Job Offers: 98%

    Students Rate the Program:
    Career Services: A
    Teaching: B
    Critical Thinking: A
    Leadership: A
    Classmates: B

    Take the Goizueta Virtual Tour Check out the Goizueta Profile Compare Goizueta to other top programs with the B-School Finder Discuss Goizueta on the B-School Forums

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  24. 23. Georgia Institute of Technology
    24

    23. Georgia Institute of Technology

    Scheller College of Business

    2010 Rank: 23
    Tuition & Fees: $72,968
    Selectivity: 38%

    Pre-MBA Pay: $62,649
    Post-MBA Pay: $94,000
    Job Offers: 94%

    Students Rate the Program:
    Career Services: A+
    Teaching: A
    Critical Thinking: A
    Leadership: B
    Classmates: B

    Take the Georgia Tech Virtual Tour Check out the Georgia Tech Profile Compare Georgia Tech to other top programs with the B-School Finder Discuss Georgia Tech on the B-School Forums

    Courtesy
  25. 24. University of Maryland
    25

    24. University of Maryland

    Smith School of Business

    2010 Rank: 42
    Tuition & Fees: $94,896
    Selectivity: 44%

    Pre-MBA Pay: $52,000
    Post-MBA Pay: $95,000
    Job Offers: 89%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A+
    Leadership: A+
    Classmates: A+

    Take the Smith Virtual Tour Check out the Smith Profile Compare Smith to other top programs with the B-School Finder Discuss Smith on the B-School Forums

    Courtesy
  26. 25. Vanderbilt University
    26

    25. Vanderbilt University

    Owen Graduate School of Management

    2010 Rank: 37
    Tuition & Fees: $90,000
    Selectivity: 37%

    Pre-MBA Pay: $50,000
    Post-MBA Pay: $92,000
    Job Offers: 92%

    Students Rate the Program:
    Career Services: A+
    Teaching: A+
    Critical Thinking: A
    Leadership: A+
    Classmates: A

    Take the Owen Virtual Tour Check out the Owen Profile Compare Owen to other top programs with the B-School Finder Discuss Owen on the B-School Forums

    Courtesy
  27. 26. Texas A&M University
    27

    26. Texas A&M University

    Mays Business School

    2010 Rank: 30
    Tuition & Fees: $46,399
    Selectivity: 24%

    Pre-MBA Pay: $42,000
    Post-MBA Pay: $93,500
    Job Offers: 94%

    Students Rate the Program:
    Career Services: A
    Teaching: A+
    Critical Thinking: A+
    Leadership: A
    Classmates: A+

    Take the Mays Virtual Tour Check out the Mays Profile Compare Mays to other top programs with the B-School Finder Discuss Mays on the B-School Forums

    Courtesy
  28. 27. Ohio State University
    28

    27. Ohio State University

    Fisher College of Business

    2010 Rank: 32
    Tuition & Fees: $92,883
    Selectivity: 32%

    Pre-MBA Pay: $51,000
    Post-MBA Pay: $90,000
    Job Offers: 96%

    Students Rate the Program:
    Career Services: B
    Teaching: A
    Critical Thinking: B
    Leadership: A
    Classmates: B

    Take the Fisher Virtual Tour Compare Fisher to other top programs with the B-School Finder Discuss Fisher on the B-School Forums

    Courtesy Ohio State University
  29. 28. University of Southern California
    29

    28. University of Southern California

    Marshall School of Business

    2010 Rank: 26
    Tuition & Fees: $103,300
    Selectivity: 29%

    Pre-MBA Pay: $65,000
    Post-MBA Pay: $100,000
    Job Offers: 77%

    Students Rate the Program: Career Services: B
    Teaching: B
    Critical Thinking: B
    Leadership: B
    Classmates: B

    Take the Marshall Virtual Tour Check out the Marshall Profile Compare Marshall to other top programs with the B-School Finder Discuss Marshall on the B-School Forums

    Courtesy University of Southern California
  30. 29. Southern Methodist University
    30

    29. Southern Methodist University

    Cox School of Business

    2010 Rank: 12
    Tuition & Fees: $93,360
    Selectivity: 51%

    Pre-MBA Pay: $60,000
    Post-MBA Pay: $90,000
    Job Offers: 79%

    Students Rate the Program:
    Career Services: B
    Teaching: A+
    Critical Thinking: A
    Leadership: B
    Classmates: B

    Take the Cox Virtual Tour Check out the Cox Profile Compare Cox to other top programs with the B-School Finder Discuss Cox on the B-School Forums

    Courtesy Southern Methodist University
  31. 30. Georgetown University
    31

    30. Georgetown University

    McDonough School of Business

    2010 Rank: 33
    Tuition & Fees: $99,650
    Selectivity: 49%

    Pre-MBA Pay: $55,000
    Post-MBA Pay: $100,000
    Job Offers: 92%

    Students Rate the Program:
    Career Services: A
    Teaching: A
    Critical Thinking: A
    Leadership: A
    Classmates: A

    Take the McDonough Virtual Tour Check out the McDonough Profile Compare McDonough to other top programs with the B-School Finder Discuss McDonough on the B-School Forums

    Courtesy Georgetown University