Harvard | Mr. Google Tech
GMAT 770, GPA 2.2
Kellogg | Mr. PE Social Impact
GMAT Waived, GPA 3.51
MIT Sloan | Mr. International Impact
GRE 326, GPA 3.5
MIT Sloan | Mr. Energy Enthusiast
GMAT 730, GPA 8.39
Chicago Booth | Ms. Future CMO
GMAT Have Not Taken, GPA 2.99
Said Business School | Mr. Global Sales Guy
GMAT 630, GPA 3.5
N U Singapore | Mr. Just And Right
GMAT 700, GPA 4.0
Georgetown McDonough | Mr. International Youngster
GMAT 720, GPA 3.55
Columbia | Mr. Chartered Accountant
GMAT 730, GPA 2.7
Chicago Booth | Mr. Controller & Critic
GMAT 750, GPA 6.61 / 7.00 (equivalent to 3.78 / 4.00)
Harvard | Mr. Spanish Army Officer
GMAT 710, GPA 3
Kellogg | Mr. Cancer Engineer
GRE 326, GPA 3.3
Chicago Booth | Mr. Financial Analyst
GMAT 750, GPA 3.78
Kellogg | Mr. CPA To MBA
GMAT Waived, GPA 3.2
Stanford GSB | Ms. Sustainable Finance
GMAT Not yet taken- 730 (expected), GPA 3.0 (Equivalent of UK’s 2.1)
Kenan-Flagler | Mr. Healthcare Provider
GMAT COVID19 Exemption, GPA 3.68
Kellogg | Ms. MBA For Social Impact
GMAT 720, GPA 3.9
MIT Sloan | Ms. International Technologist
GMAT 740, GPA 3.5
UCLA Anderson | Ms. Art Historian
GRE 332, GPA 3.6
Harvard | Mr. Harvard Hopeful
GMAT 740, GPA 3.8
Yale | Mr. Philanthropy Chair
GMAT Awaiting Scores (expect 700-720), GPA 3.3
Columbia | Mr. Startup Musician
GRE Applying Without a Score, GPA First Class
Chicago Booth | Ms. Entrepreneur
GMAT 690, GPA 3.5
Columbia | Mr. MGMT Consulting
GMAT 700, GPA 3.56
Harvard | Mr. Future Family Legacy
GMAT Not Yet Taken (Expected 700-750), GPA 3.0
Wharton | Mr. Big 4
GMAT 770, GPA 8/10
Rice Jones | Mr. ToastMasters Treasurer
GMAT 730, GPA 3.7

How A Dean Would Rank Business Schools

rankingOf course, application volume is just one input. Another very valuable input is the percentage of admitted candidates who actually go to a school rather than turn it down. If a school’s yield rate is 50%, it means that half of the prospective students it admits actually accepts the offer of admission and becomes enrolled as a student at the school.

On this measure, Harvard is first, with an 88.8% yield rate, while Stanford is second with 78.7%. Columbia Business School does exceptionally well on this measure, enrolling 70.4% of the applicants it admits, higher than Wharton (68.1%), Chicago Booth (59.4%), or NYU (48.7%). Columbia’s high yield is a function of its early admission decision policy, its New York City location, and its Ivy League status.

You could just as easily add one or two more inputs on average GMAT scores and undergraduate grade point averages. The latter measure, however, wouldn’t take into account the quality or standing of the undergraduate degree and major in a subject. The former would represent a fairly shared view of the overall quality of the students culled from a school’s applicant pool.

Schools Ranked By Yield Rates


School2014 P&Q RankYield
  1. Harvard Business School288.8%
  2. Stanford Graduate School of Business178.7%
  3. Columbia Business School570.4%
  4. University of Pennsylvania (Wharton)368.0%
  5. Northwestern University (Kellogg)663.9%
  6. MIT (Sloan)762.3%
  7. University of Chicago (Booth)459.4%
  8. Cornell University (Johnson)1552.6%
  9. UC-Berkeley (Haas)1052.5%
10. Dartmouth College (Tuck)852.2%
11. University of Michigan (Ross)1150.9%
12. Duke University (Fuqua)950.9%
13. Yale School of Management1249.5%
14. New York University (Stern)1648.7%
15. UCLA (Anderson)1448.2%
16. Carnegie Mellon (Tepper)1746.6%
17. Vanderbilt University (Owen)2546.1%
18. University of Virginia (Darden)1345.8%
19. Indiana University (Kelley)2045.6%
20. University of Washington (Foster)2344.7%
21.  University of Texas-Austin (McCombs)1944.4%
22. Emory University (Goizueta)2043.5%
23. University of North Carolina (Kenan-Flagler)1837.9%
24. Georgetown University (McDonough)2234.5%
25. Washington University (Olin)2430.9%

Source: P&Q analysis of publicly available data

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.