Harvard | Ms. Analytical Leader
GMAT 760, GPA 3.9
Chicago Booth | Mr. Non-Profit Latino
GMAT 710, GPA 3.06
Darden | Mr. Financial World
GMAT 730, GPA 7.8
Cambridge Judge Business School | Ms. Story-Teller To Data-Cruncher
GMAT 700 (anticipated), GPA 3.5 (converted from Australia)
Kellogg | Mr. Operator
GMAT 740, GPA 4.17/4.3
Duke Fuqua | Mr. Air Force Vet
GRE 311, GPA 3.6
Kellogg | Mr. Engagement Manager
GMAT 700, GPA 3.2
London Business School | Mr. Family Investment Fund
GMAT 790, GPA 3.0
Columbia | Mr. M&A Analyst
GRE 323, GPA 3.4
Cornell Johnson | Mr. Top Performer
GMAT 730, GPA 3.3
Harvard | Mr. STEM Minor
GMAT 740, GPA 3.78
Harvard | Mr. Fresh Perspective
GRE 318, GPA 3.0
USC Marshall | Mr. Supply Chain Guru
GMAT GMAT Waiver, GPA 2.6
Wharton | Mr. MBA When Ready
GMAT 700 (expected), GPA 2.1
HEC Paris | Mr. Productivity Focused
GMAT 700, GPA 3.6
MIT Sloan | Mr. Energy Transition
GMAT 760, GPA 3.95
Harvard | Mr. Sommelier
GMAT 710, GPA 3.62
Kellogg | Ms. Strategic Photographer
GRE 318 (to retake), GPA 3.68
INSEAD | Ms. Social Business
GMAT 750, GPA 4.0
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
Harvard | Ms. Comeback Kid
GMAT 780, GPA 2.6
Harvard | Mr. MBB Latino Engineer
GMAT 710, GPA 3.75
Wharton | Mr. African Impact
GMAT 720, GPA 3.8
Harvard | Mr. Hedge Funder
GMAT 790, GPA 3.82
London Business School | Mr. College Dropout
HEC Paris | Ms. Freelancer
GMAT 710, GPA 5.3
Stanford GSB | Mr. Healthcare AI
GRE 366, GPA 3.91

Winners & Losers In 2013 Forbes MBA Ranking

UC-Davis Graduate School of Management

UC-Davis Graduate School of Management

The typical MBA student at UC-Davis Graduate School of Management is 28 years old, with five years of work experience on average, a median GMAT of 680 and an undergraduate grade point average of 3.19. Those stats wouldn’t boost UC-Davis in many rankings, but the school showed the single biggest improvement in Forbes’ new biennial 2013 ranking of the best MBA programs.

UC-Davis climbed 22 spots to place 50th out of 70 ranked schools, up from a rank of 72 in 2011. The jump made the school the biggest winner in the Forbes’ survey published today (Oct. 9). Other big gainers include Boston University School of Management, up 17 places to finish 44th, the University of South Carolina’s Moore School, also up 17 spots to place 53rd, and Temple University’s Fox School, which gained 14 places to reach a rank of 59th, from 73rd in 2011, the last time Forbes ranked MBA programs.

All told, only seven out of the 70 U.S. MBA programs ranked by Forbes moved up ten or more places, giving those schools a significant boost in buzz and prestige. “The movement is terrific,” said Hugh Courtney, dean of Northeastern University’s D’Amore-McKim School of Business, which jumped ten places to a rank of 55. “I always like to be higher but it is headed up in the right direction. It’s certainly indicative of significant improvements we’ve made in recent years.”


Schools that either gain or lose the most ground in Forbes’ biennial ranking of the best business schools are more often than not non-Top 25 MBA programs. That’s because the underlying return-on-investment numbers Forbes uses to rank schools tend to be closer to each other further down the list. So small changes in those numbers can cause fairly big swings. Of the 70 U.S. MBA programs ranked by Forbes this year (four fewer than 2011), ten schools moved up or down in double digits–none of them ranked in the Top 25 by Forbes. Forbes ranks one-year and two-year MBA programs at 24 non-U.S. schools separately.

For UC-Davis to climb 22 places since the last Forbes survey required some rather big changes in the five-year total gain number that Forbes uses for its ranking. The five-year gain is the cumulative additional earnings an MBA received after subtracting out forgone earnings, tuition and fees, and the presumed salary one would have had without the degree. At UC-Davis that number zoomed to $38,200, from only $7,000 in 2011. The payback period for an MBA at UC-Davis shrank to 4.0 years from 4.8 years, while the median annual salary of a Class of 2008 grad last year was $125,000, up from $114,00 in 2011.

The Top 25 U.S. schools showing the biggest gains were Indiana University’s Kelley School of Business, which leapt eight places to finish 19th, Carnegie Mellon University’s Tepper School and UCLA’s Anderson School, which both moved up seven spots to place 16th and 13th, respectively, and North Carolina’s Kenan-Flagler Business School, which rose five places to finish 11th.

The Top 25 schools to suffer the biggest falls? Yale’s School of Management plunged seven spots to 18th this year from 11th in 2011. The University of Virginia’s Darden School dropped six places to finish 15th, while New York University’s Stern School of Business fell five spots to end up in 23rd place. In comparison, the school showing the biggest drop in the Forbes ranking this year plunged 16 places from 50 to 66th place.

Biggest Gainers on Forbes 2013 MBA Ranking


School                                       Change  2013 Rank  2011 Rank
South Carolina (Moore)+175370
Boston University+174461
Temple (Fox)+145973
Washington Univ. (Olin)+133447
Purdue (Krannert)+122840
Northeastern (D’Amore-McKim)+105565
San Diego StateNew64NR
Utah (Eccles)New65NR
Colorado (Leeds)New70NR

Source: Forbes 2013 & 2011 rankings

Of the five most influential MBA rankings, Forbes is the only one to base its entire methodology on one simple measure: return on investment. The magazine surveys alumni five years out of school and asks them what they are currently making. Forbes then compares the alumni income at each school to MBAs’ opportunity costs–two years of foregone compensation, tuition and required fees. It calculates a payback period for how long it takes the degree to earn out.

About The Author

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.