MIT Sloan | Mr. Refinery Engineer
GMAT 700- will retake, GPA 3.87
Berkeley Haas | Ms. 10 Years Experience
GMAT To be taken, GPA 3.1
Stanford GSB | Mr. Singing Banking Lawyer
GMAT 720, GPA 110-point scale. Got 110/110 with honors
Yale | Ms. Social Impact AKS
GRE 315, GPA 7.56
Harvard | Mr. Political Consultant
GRE 337, GPA 3.85
Said Business School | Mr. Across The Pond
GMAT 680, GPA 2.8
Yale | Mr. Army Infantry Officer
GMAT 730, GPA 2.83
Wharton | Mr. Army & Consulting
GMAT 760, GPA 4.0
Berkeley Haas | Mr. 360 Consultant
GMAT 720, GPA 3.4
N U Singapore | Ms. Biomanager
GMAT 520, GPA 2.8
MIT Sloan | Mr. Low GPA Over Achiever
GMAT 700, GPA 2.5
Stanford GSB | Mr. Corp Finance
GMAT 740, GPA 3.75
Harvard | Mr. Improve Healthcare
GMAT 730, GPA 2.8
Berkeley Haas | Mr. Wake Up & Grind
GMAT 700, GPA 3.5
Darden | Mr. Fintech Nerd
GMAT 740, GPA 7.7/10
Stanford GSB | Mr. Minority Champ
GMAT 740, GPA 3.7
Darden | Mr. Senior Energy Engineer
GMAT 710, GPA 2.5
Harvard | Mr. Merchant Of Debt
GMAT 760, GPA 3.5 / 4.0 in Master 1 / 4.0 in Master 2
Stanford GSB | Mr. Indian Telecom ENG
GRE 340, GPA 3.56
Stanford GSB | Ms. East Africa Specialist
GMAT 690, GPA 3.34
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
Harvard | Mr. Nonprofit Social Entrepreneur
GMAT 740, GPA 3.7
Chicago Booth | Ms. Start-Up Entrepreneur
GRE 318 current; 324 intended, GPA 3.4
Duke Fuqua | Ms. Health Care Executive
GMAT 690, GPA 3.3
Harvard | Mr. Professional Boy Scout
GMAT 660, GPA 3.83
IU Kelley | Mr. Construction Manager
GRE 680, GPA 3.02
IU Kelley | Mr. Clinical Trial Ops
GMAT Waived, GPA 3.33

When MBA Rankings Lag The Facts

Top 20 Business Schools: Ross At A Loss 

So what are the differences between the overall rankings and the peer rankings? Let’s start with U.S. News’ 2014 top 20 business schools. Do Harvard and Stanford live up to their lofty reputations? Are there any upstarts like Booth, Fuqua, Darden, or Kellogg that upset the traditional order? And what about those schools whose performance doesn’t meet the hype? Check out our results for the answer:

Overall Rank  Peer Rank  School                                                      Peer Score  Performance
11Harvard Business School4.80
11Stanford Graduate School of Business4.80
31University of Pennsylvania (Wharton)4.8-2
44MIT (Sloan)4.70
44Northwestern University (Kellogg)4.70
64University of Chicago (Booth)4.7-2
77UC-Berkeley (Haas)4.60
88Columbia Business School4.50
99Dartmouth College (Tuck)4.30
1012New York University (Stern)4.22
119Duke University (Fuqua)4.3-2
1212University of Virginia (Darden)4.20
1312Yale School of Management4.2-1
1415UCLA (Anderson)4.11
149University of Michigan (Ross)4.3-5
1615Cornell University (Johnson)4.1-1
1717University of Texas-Austin (McCombs)4.00
1821Emory University (Goizueta)3.83
1918Carnegie Mellon University (Tepper)3.9-1
2018University of North Carolina (Kenan-Flagler)3.9-2

Source: P&Q analysis based on U.S. News & World Report 2014 Business School Rankings

Surprisingly, the overall rankings and peer assessment rankings align closely for the 2014 top 20 business schools. Based on its peer assessment average, business school leaders still perceive Wharton as an equal to Harvard and Stanford. However, recent declines in applications to Wharton could erode that impression. U.S. News’ data also show that academic peers hold Booth, Fuqua, and Kenan-Flagler Business School in slightly higher regard than their rankings would indicate. Conversely, Goizueta and Stern are slightly undervalued by their peers. Emory, in particular, is a school to watch. Ranked 27th by U.S. News in 2010, Goizueta has climbed nine spots in the past four years, with a highest placement rate and biggest increase in reported salary of any business school in 2012.

The only loser in the top 20 business schools appears to be the University of Michigan (Ross) which is viewed as a top 10 school by business school deans and directors, yet shares 14th place with UCLA in the overall rankings. Two years ago, Ross experienced a staggering 16.8 percent drop in applications. Despite this setback, Ross maintained the same average GMAT and GPA scores over the previous year. Even more, it snagged the #1 ranking in entrepreneurship from The Princeton Review in 2013.