Our MBA Ranking of the Top 50 Business Schools in the U.S.

Also, don’t assume that if one school has an index number twice as large as another that it is twice as good. It may be, or it may not be. The difference between No. 1 Harvard, which tops the index at 100, and No. 20 Indiana University, which has an index number of 47.9, is obviously far greater than two-to-one.

One other note: this ranking does not include the recent 2010 update by The Economist which published its latest list after we crunched our data. Instead, we used the 2009 Economist survey. Even though there were many wild swings among the ranked schools in latest The Economist list, it would have little effect on our ranking because only 10% of it is based on The Economist findings. Our list will be updated again shortly after BusinessWeek publishes its 2010 MBA ranking on Nov. 11. At that time, we’ll update add the biennial BW ranking and the annual Economist ranking.

P&Q Rank & SchoolIndexBWForbesNewsFTEcon
1. Harvard Business School100.023135
2. Stanford School of Business97.861147
3. Chicago (Booth)96.814594
4. Pennsylvania (Wharton)95.645529
5. Dartmouth College (Tuck)89.01227146
6. Columbia University88.0769620
7. Northwestern (Kellogg)87.53842215
8. MIT (Sloan)84.99143819
9. California-Berkeley (Haas)80.010127283
10. New York (Stern)77.9131791313
11. Duke (Fuqua)75.9813142028
12. Michigan (Ross)73.9518122825
13. Virginia (Darden)70.5169133124
14. Cornell (Johnson)69.7117183632
15. Yale School of Management69.02410111627
16. California-L.A. (Anderson)60.11419153350
17. Carnegie-Mellon University57.21923163433
18. North Carolina (Kenan-Flagler)55.51715214639
19. Texas-Austin (McCombs)53.92111165249
20. Indiana-Bloomington (Kelley)47.91525235746
21. Emory (Goizueta)46.52322273452
22. Brigham Young (Marriott)44.622163383NR
23. Southern California (Marshall)41.82532205736
24. Georgetown (McDonough)40.9NR31243848
25. Notre Dame (Mendoza)37.52038317134
26. Washington U. (Olin)33.02841195065
27. Maryland-College Park (Smith)31.82629454351
28. U. Washington (Foster)31.72740337831
29. Southern Methodist (Cox)30.81833499688
30. Vanderbilt (Owen)29.63030365764
31. Minnesota (Carlson)28.4ST26247562
32. Georgia Institute of Technology27.2294426NRNR
33. University of Iowa (Tippie)24.3ST20426461
34. Ohio State (Fisher)24.2ST39216745
35. Michigan State (Broad)22.3ST214665NR
36. Rochester (Simon)22.0ST372748NR
37. Texas A&M (Mays)21.0NR243354NR
38. Univ. of Connecticut (Storrs)17.4ST2779NRNR
39. Univ. of Wisconsin-Madison17.1NR35276754
40. Boston University16.3ST61316140
41. Purdue (Krannert)13.9ST453654NR
42. Arizona State (Carey)13.8ST562789NR
43. Penn State (Smeal)12.9NR2848NR58
44. Univ. of California-Irvine10.7ST583672NR
45. Wake Forest (Babcock)10.6NR3446NR77
46. Rice University (Jones)10.4NR47394477
47. Boston College (Carroll)8.4NR463947NR
48. Illinois–Urbana Champaign8.3ST63425287
49. Babson College (Olin)4.6STNR5499NR
50. George Washington Univ.4.3ST735557NR

Footnotes:

NR – Not ranked. Because the Financial Times and The Economist include many non-U.S. schools in their rankings, a larger number of very good MBA programs at U.S. schools remain unranked by those two publications.

ST – Second tier. BusinessWeek ranks the top 30 business schools and then identifies a group of 15 more schools in an unranked “second tier.”

Methodology: Schools on each of the five major rankings were scored from a high of 50 to a low of 1, the numerical rank of the 50th school on any one list. Then, those sums were brought together, weighting the BusinessWeek ranking 30%, the Forbes ranking 25%, the U.S. News & World Report rankings 20%, the Financial Times rankings 15%, and The Economist ranking 10%. These differing weights reflect the authority and credibility we believe each of these rankings have in the business school universe. For a deeper explanation of the strengths and weaknesses of each system, see how we think the most influential rankings stack up against each other. To be included in the Poets&Quants analysis, each school had to receive a ranking from at least three of these most influential lists of the best full-time MBA programs.

About the Author...

John A. Byrne

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.