New Forbes MBA Ranking Due Oct. 9ROI on the degree expected to fall by: John A. Byrne on October 02, 2013 | 9 minute read October 2, 2013 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit How Forbes Ranked The Top 30 Schools Last Time & How They Compare 2011 Rank & School 2011 Years To Payback 2001 Years To Payback 2011 Total 5-Year Gain 2001 Total 5-Year Gain 1. Harvard 3.6 2.6 $118,000 $162,000 2. Stanford 3.5 3.3 $116,000 $91,000 3. Chicago (Booth) 3.5 3.2 $112,000 $103,000 4. UPenn (Wharton) 3.7 2.9 $111,000 $142,000 5. Columbia 3.6 3.0 $106,000 $136,000 6. Dartmouth (Tuck) 3.6 3.0 $102,000 $119,000 7. Northwestern (Kellogg) 3.5 3.3 $101,000 $92,000 8. Cornell (Johnson) 3.5 2.9 $100,000 $93,000 9. Virginia (Darden) 3.5 3.2 $99,000 $85,000 10. MIT (Sloan) 3.7 3.4 $97,000 $92,000 11. Yale 3.3 3.0 $96,000 $97,000 12. Duke (Fuqua) 3.6 3.2 $93,000 $90,000 13. UC-Berkeley (Haas) 3.7 3.4 $88,000 $74,000 14. Michigan (Ross) 3.6 3.4 $81,000 $72,000 15. Brigham Young 3.1 2.5 $81,000 $82,000 16. UNC (Kenan-Flagler) 3.6 3.3 $78,000 $72,000 17. Texas-Austin (McCombs) 3.6 3.0 $78,000 $74,000 18. New York (Stern) 3.7 3.7 $77,000 $60,000 19. Michigan State (Broad) 3.1 3.1 $77,000 $71,000 20. UCLA (Anderson) 3.7 3.3 $77,000 $86,000 21. Iowa (Tippie) 3.1 3.0 $76,000 $71,000 22. Emory (Goizueta) 3.5 3.3 $72,000 $72,000 23. Carnegie Mellon (Tepper) 3.8 3.4 $72,000 $82,000 24. Texas A&M (Mays) 3.3 3.2 $72,000 $53,000 25. SMU (Cox) 3.3 3.4 $71,000 $72,000 26. Penn State (Smeal) 3.2 3.9 $70,000 $32,000 27. Indiana (Kelley) 3.3 3.5 $69,000 $54,000 28. Minnesota (Carlson) 3.4 3.3 $69,000 $55,000 29. Wisconsin-Madison 3.5 NA $69,000 NA 30. Wake Forest (Babcock) 3.4 3.2 $66,000 $73,000 Source: Forbes DON’T MISS: WINNERS & LOSERS IN FORBES 2011 MBA RANKING or WHAT TOP MBAS EARN FIVE YEARS OUT Previous PagePage 3 of 3 1 2 3 © Copyright 2026 Poets & Quants. All rights reserved. This article may not be republished, rewritten or otherwise distributed without written permission. To reprint or license this article or any content from Poets & Quants, please submit your request HERE.