BEST BUSINESS SCHOOLS 2015

Business school has been called a two-year job interview, and with good reason: For more than $100,000 and two years of study, MBAs hope to gain access to vast alumni networks, top-tier internships, and the very best jobs. Our annual ranking of full-time MBA programs now focuses on what most people hope to get after business school: a satisfying, well-paying job.

More graduate degrees in business are awarded each year than in any other field in the U.S., and new business schools are accredited by the dozen every year. To identify the best ones, we compiled data from more than 13,150 current students, 18,540 alumni, and 1,460 recruiters across 177 distinct B-school programs. The result is our deepest and broadest set of data ever.

This year, we’ve revised the way we rank schools. For the first time, we surveyed MBAs after graduation for more insight into what graduates can expect in their future careers. We detailed some of the standout findings about MBA alumni in a separate report—including a broad pay difference between male and female MBAs that starts small, but gets bigger as they continue their careers.

You can dig into an exhaustive explanation of our ranking methodology below, which also details how it differs from previous years. Briefly, the Full-Time MBA Rankings are based on five parts:Older elements of our ranking, including a tally of faculty research, have been scrapped because they don’t get at our fundamental question: How well does this business school channel its graduates into good jobs?

• Employer Survey (35 percent of total score):  recruiter feedback on the skills they look for in MBAs, and which programs best equip their students with those skills
• Alumni Survey (30 percent):  feedback from the classes of 2007, 2008, and 2009 on how their MBAs have affected their careers, their compensation change over time, and their midcareer job satisfaction
• Student Survey (15 percent):  the class of 2015’s take on academics, career services, campus climate, and more
• Job Placement Rate (10 percent):  the most recent data on how many MBAs seeking full-time jobs get them within three months of graduation
• Starting Salary (10 percent):  most recent data on how much MBAs make in their first jobs after graduation, adjusted for industry and regional variation

With a sharper focus on what people most hope to get after business school, we think we’ve created the most effective ranking yet for helping career-oriented students choose an MBA program.

Full-Time MBA: U.S.

Rank	School	Employer survey rank (35%)	Alumni survey rank (30%)	Student survey rank (15%)	Salary rank (10%)	Job placement rank (10%)	Ranking index score
1	Harvard	4	2	19	2	35	100
2	Chicago (Booth)	1	29	10	6	1	98.47
3	Northwestern (Kellogg)	2	11	6	5	34	98.24
4	MIT (Sloan)	5	15	18	3	16	96.05
5	Pennsylvania (Wharton)	6	14	27	4	7	95.92
6	Columbia	3	19	16	9	25	95.61
7	Stanford	14	1	14	1	21	94.66
8	Duke (Fuqua)	7	7	12	11	51	94.07
9	UC Berkeley (Haas)	11	4	4	7	49	91.83
10	Michigan (Ross)	8	28	5	10	32	91.74
11	Yale	9	9	23	14	37	88.07
12	Virginia (Darden)	10	18	9	13	13	87.8
13	UCLA (Anderson)	19	6	3	16	40	87.28
14	Dartmouth (Tuck)	21	8	17	8	11	85.96
15	Emory (Goizueta)	29	5	13	17	9	82.24
16	Cornell (Johnson)	18	10	35	15	30	82.07
17	North Carolina (Kenan-Flagler)	17	22	11	23	36	81.82
18	Carnegie Mellon (Tepper)	13	31	25	12	42	80.48
19	Rice (Jones)	40	3	2	30	46	80.31
20	Washington (Foster)	12	34	41	19	5	79.74
21	Texas at Austin (McCombs)	22	13	37	21	24	79.68
22	Texas A&M (Mays)	24	16	33	37	4	79.56
23	Georgia Tech (Scheller)	28	30	8	25	10	76.78
24	NYU (Stern)	23	35	26	18	27	76.06
25	USC (Marshall)	16	40	22	34	48	75.38
26	Georgetown (McDonough)	25	26	32	27	41	75.27
27	Brigham Young (Marriott)	31	24	21	36	23	74.17
28	Indiana (Kelley)	34	27	15	22	44	72.06
29	North Carolina State (Jenkins)	20	25	38	59	59	71.67
30	Michigan State (Broad)	39	39	7	41	6	71.41
31	Notre Dame (Mendoza)	32	21	42	24	45	71.05
32	Southern Methodist (Cox)	35	33	28	35	20	70.67
33	Maryland (Smith)	42	47	1	40	39	69.74
34	Vanderbilt (Owen)	49	23	30	26	26	69.08
35	Washington in St. Louis (Olin)	48	17	53	32	2	67.54
36	Rochester (Simon)	38	43	43	44	8	65.16
37	William & Mary (Mason)	15	56	44	56	61	65.16
38	Texas Christian (Neeley)	56	20	34	47	22	64.81
39	Ohio State (Fisher)	37	51	46	29	17	63.65
40	George Washington	26	46	59	50	53	63.01
41	Florida (Hough)	55	45	31	45	19	62.29
42	Texas at Dallas (Jindal)	36	57	36	55	18	61.82
43	Penn State (Smeal)	30	54	66	20	52	60.4
44	Pittsburgh (Katz)	52	48	39	53	3	60.27
45	Minnesota (Carlson)	33	68	24	28	56	60.24
46	Wisconsin	57	36	40	39	43	60.08
47	Miami	27	53	47	60	62	58.87
48	Boston University (Questrom)	64	37	48	33	31	57.87
49	Arizona State (W.P. Carey)	41	62	61	31	28	56.53
50	Howard	59	38	58	43	38	55.81
51	Georgia (Terry)	58	59	20	52	63	53.68
52	Oklahoma (Price)	66	12	72	65	33	52.91
53	Purdue (Krannert)	50	52	56	38	67	52.87
54	UC Irvine (Merage)	73	50	29	48	58	52.41
55	Iowa (Tippie)	60	64	45	46	15	52.27
56	Babson	69	32	54	54	55	51.94
57	Illinois	65	49	57	42	64	50.18
58	American (Kogod)	43	41	62	63	70	50.11
59	Utah (Eccles)	70	42	60	62	29	49.54
60	Buffalo	46	58	50	69	65	49.53
61	Northeastern (D'Amore-McKim)	67	55	63	58	12	48.85
62	Hult	54	61	64	49	60	48.2
63	Cincinnati (Lindner)	68	44	65	72	14	47.65
64	Tennessee (Haslam)	45	65	71	51	57	46.62
65	UC San Diego (Rady)	72	60	49	64	50	45.88
66	Missouri (Trulaske)	51	71	55	71	69	39.97
67	Syracuse (Whitman)	47	63	68	67	71	39.22
68	Chapman (Argyros)	44	74	67	68	47	38.54
69	Mississippi	71	70	51	74	54	38.2
70	Willamette (Atkinson)	61	66	73	73	66	34.84
71	Colorado (Leeds)	74	67	69	61	72	31.95
72	Fordham (Gabelli)	53	69	70	66	73	30.84
73	Kentucky (Gatton)	63	72	74	70	68	28.66
74	Pepperdine (Graziadio)	62	73	52	57	74	27.02

Full-Time MBA: International

Rank	School	Employer survey rank (35%)	Alumni survey rank (30%)	Student survey rank (15%)	Salary rank (10%)	Job placement rank (10%)	Ranking index score
1	Western (Ivey)	1	18	6	11	11	100
2	London Business School	4	6	7	3	3	99.1
3	INSEAD	5	13	4	2	21	93.65
4	IE	14	3	2	5	4	93.43
5	IMD	11	5	3	1	16	92.85
6	Oxford (Saïd)	8	1	9	16	23	86.16
7	IESE	9	10	8	6	7	85.74
8	Cambridge (Judge)	13	7	5	10	12	82.5
9	Queen's	2	15	11	19	26	82.25
10	HEC Paris	7	14	21	4	9	79.75
11	ESADE	10	12	12	17	15	76.54
12	SDA Bocconi	12	2	24	12	18	75.99
13	Cranfield	16	11	1	13	20	74.9
14	St. Gallen	19	8	28	7	2	65.52
15	ESMT	6	26	10	26	19	64.98
16	McGill (Desautels)	17	16	13	18	13	63.98
17	Mannheim	20	20	14	9	8	61.1
18	Toronto (Rotman)	3	21	27	20	27	60.66
19	Manchester	15	9	23	14	29	57.67
20	Imperial College London	28	22	22	8	6	53.51
21	CEIBS	26	17	25	27	5	53.17
22	National University of Singapore	29	4	29	28	1	52.37
23	Melbourne	27	24	16	23	14	49.57
24	Concordia (Molson)	18	19	20	29	22	47.78
25	HKUST	23	29	15	15	17	46.4
26	Erasmus (Rotterdam)	25	23	17	24	24	44.64
27	ESIC	22	27	26	21	10	42.5
28	Copenhagen Business School	24	28	18	22	25	40.44
29	HEC Montréal	21	25	19	25	28	37.7

Part-Time MBA

We also ranked part-time MBA programs, which differ from the traditional two-year MBA mainly because of their students, who often require flexibility and want to use the degree to advance within their company. They tend to be a little older than full-timers, and more than half return to their pre-MBA job, compared with one in 10 full-time graduates. Refer to our full methodology below for more in-depth information on how we composed these rankings.

Rank	School	Student survey rank (50%)	Alumni survey rank (50%)	Ranking index score
1	Northwestern (Kellogg)	2	9	100
2	Carnegie Mellon (Tepper)	8	1	99.32
3	Rice (Jones)	1	19	98.66
4	Georgetown (McDonough)	10	2	97.97
5	UCLA (Anderson)	3	7	97.91
6	Chicago (Booth)	9	3	97.65
7	Southern Methodist (Cox)	5	12	95.42
8	Emory (Goizueta)	7	10	94.5
9	UC Berkeley (Haas)	4	16	91.77
10	USC (Marshall)	6	22	86.82
11	Michigan - Ann Arbor (Ross)	11	23	85.23
12	Villanova	15	15	84.05
13	San Diego	30	4	82.24
14	Washington in St. Louis (Olin)	16	18	82.15
15	Texas at Austin (McCombs)	26	11	81.9
16	Rollins (Crummer)	12	31	80.88
17	Elon (Love)	25	13	80.49
18	Washington (Foster)	20	20	79.19
19	Ohio State (Fisher)	17	33	77
20	UNC Charlotte (Belk)	23	25	76.14

Life After an MBA

So what kind of career does an MBA get you? New data from thousands of MBA students and alumni let us answer that question comprehensively. Most MBAs have no trouble landing jobs: Three months after graduation, 88 percent of MBAs have been hired—and offered a nice pay bump. Graduates saw an 81 percent jump over their median compensation before B-school. After six to eight years, pay typically increased another 64 percent, to about $169,000 a year.

Below, you’ll see several charts that offer a look at aggregate results for things such as debt levels and first jobs from 103 full-time MBA programs in the U.S. and abroad. Type a school name into the search box to dive into an individual MBA program.Those splashy salaries are awarded to a specific group of professionals, however. Sixty percent of full-time MBA graduates had jobs in technology, consulting, and financial services. Despite initiatives at many B-schools to fuel entrepreneurship, a mere 4 percent of students started their own business when they graduated, and 5 percent went to work for a startup. B-school isn’t feeding many of the fastest-growing global industries, either: Only 5 percent of graduates went into health care.

by Jonathan Rodkin and Francesca Levy

to be continued....at:- www.bloomberg.com