Based on GraduatePrograms.com’s results, MBAs are pretty satisfied with their alma maters. All schools ranked in the top 25 for value had a score of nine or higher. Similarly, there was some overlap between the two rankings. For example, Kenan-Flagler, which ranked eighth with Value Colleges ended up fourth on Graduate Programs.com’s list. Similarly, Purdue (15th in GP and 14th with VC), Ohio State (17th vs. 16th), and Connecticut (21st vs. 13th) stayed within the same range both in terms of both the quantitative and qualitative.
However, there were some key differences. For example, programs like Indiana, Dartmouth, Texas, Texas A&M, Wisconsin and Penn State – which ranked high in terms of high salaries and low tuitions on Value Colleges’ benchmarks – fell out of the top 25 when it came to being asked a series of questions on whether the value of their MBA experience offset its cost.
More interesting, several big name MBA programs failed to even make either list. Obviously, big ticket programs like Stanford and Wharton can be excused for not being a best value in Value Programs’ empirical approach. When it comes to satisfaction, not making the top 25 – even in a relatively new outlet like GraduatePrograms.com, should raise eyebrows at these schools. The same could be said for MIT (Sloan), Northwestern (Kellogg), Michigan (Ross), Virginia (Darden), and Duke (Fuqua). That’s especially true when programs like Harvard, Chicago (Booth), Berkeley (Haas), and Columbia did make GraduatePrograms.com’s top 25. Perception is reality. And maybe this pool reflects a deeper alumni discontent with these schools.
Where does your school rank? Here is GraduateProgram.com’s ranking of the 25 Best Value Business Schools.