The M7 B-Schools: Everything You Need To Know

The Wharton School was named No. 1 in the most reliable ranking of MBA programs — Poets&Quants‘. Courtesy photo

MBA rankings continued to be a mess in 2023, just as they were in 2022 — and, one could say, as they have been since the coronavirus pandemic. Both Bloomberg Businessweek and The Economist were hammered for methodological miscues in 2022, leading to the latter’s declaration that it has left the rankings game altogetherForbes hasn’t bothered to do a ranking since 2019, and it’s not clear they ever will again. The Financial Times is all over the place since the top schools — including the M7 — boycotted their 2020 list; its 2023 list notoriously excluded Wharton, which had been No. 1 the previous year. Then there are the bogus rankings from Fortune, CEOWorld, and QS, which hardly merit mention.

Even U.S. News got dinged this year for a messy ranking that had to be delayed to iron out major issues. Looking for a consistent and widely respected ranking? Your best bet is Poets&Quants’ annual aggregate list.

But no matter the ranking, one thing is always true: If they’re included, the M7 schools sit atop, or very near the top, of any respectable list.

The M7 In The Rankings

Rankings Harvard Wharton Columbia Booth Kellogg Stanford MIT
Poets&Quants  5 (5) 1 (3) 7 (7) 2 (2) 4 (4) 3 (1) 6 (6)
U.S. News 5 (5T) 3 (1T) 11 (8) 1 (1T) 2 (3T) 6T (3T) 4 (5T)
Forbes 2019 (2017)  4 (3) 5 (1) 7 (6) 1 (7) 3 (4) 2 (2) 7 (8)
Businessweek 2022 (2021)  2T (3) 7 (9) 8 (6) 2T (4) 4 (5) 1 (1) 6 (8)
Financial Times  4T (3T) NR (1) 1 (2) 11T (7) 9 (5) 4T (6) 11T (11)
Economist 2022 (No Ranking in 2021) 1 (NR) 2 (NR) 4 (NR) 9 (NR) 3 (NR) 8 (NR) 5 (NR)

How The M7 Rank By Specialization, According To U.S. News

Specialization Harvard Wharton Columbia Booth Kellogg Stanford MIT
Accounting  13T (14T, 18T)  2 (2, 3) 29T (20T, 28T) 6 (4, 5) 29T (26T, 33T)  8 (9T, 8)  26T (18, 18T) 
Entrepreneurship 4 (6, 6) 6 (6, 6) NR (27T, NR) 23T (27T, 14T) NR (19T, 18T) 2 (2, 2) 3 (3, 3)
Finance  7 (7, 8)  1 (1, 1) 4 (4, 4) 2 (2, 2) 14T (18, 11T)  6 (6, 6) 5 (5, 5)
Management 1 (1, 1) 5 (7, 4) 12 (11, 10)  19 (21, 22) 4 (3T, 3)  2 (2, 2) 16T (14T, 15) 
Information Systems NR (NR, NR) 9T (9T, 10) NR (NR, NR) NR (NR, NR) NR (NR, NR) NR (NR, NR) 2 (1, 2)
Marketing 4 (3T, 3)  2 (2, 2) 5 (7, 7T)  6 (8, 7T)  1 (1, 1) 4 (3T, 3) 31T (NR, 25) 
Production & Operations 12T (11T, 15T)  7 (8, 6) 17 (11T, 12T)  19T (23T, 22T) 12T (15, 10)  4 (5, 5) 1 (1, 1)
Nonprofit 2 (2, 2) NR (NR, NR) 6 (7, 10T)  8T (9T, NR)  NR (9T, 7t)  3 (3, 3) NR (NR, NR)
Supply Chain Logistics  NR (NR, NR) 15 (17T, 17)  NR (NR, NR) 25T (NR, NR)  13 (17T, 17T)  9T (10, 10T)  2 (2, 2)
International Business 2 (2, 2) 6 (7, 6) 5 (6, 7T) NR (NR, NR) NR (23T, 17T) NR (NR, NR) 15 (17T, 24T)
Business Analytics  11 (10T, 21T) 4 (3T, 3)  8 (12, 12) 9 (8, 6T)  16T (17, 18)  NR (NR, NR) 1 (1, 1)
Project Management  NR (NR, NR) NR (NR, NR) NR (NR, NR) NR (NR, NR) NR (NR, NR) NR (NR, NR) 1 (1, 1)
Real Estate  NR (NR, NR) 1 (1, 1) 3 (4, 4) NR (NR, NR) 11T (12T, 13T) NR (NR, NR) 11T (12T, 13T)

2023 data (2022, 2021 in parentheses; click here for more)

Parsing The Rankings On The M7 MBA Programs

Category Harvard Wharton Columbia Booth Kellogg Stanford MIT
U.S. News Recruiter Assessment Score (out of 5) 4.6 (4.5) 4.5 (4.5) 4.2 (4.2) 4.6 (4.5) 4.5 (4.4) 4.7 (4.6) 4.5 (4.4)
U.S. News Peer Assessment Score (out of 5) 4.8 (4.8) 4.7 (4.8) 4.4 (4.5) 4.7 (4.7) 4.5 (4.6) 4.8 (4.8) 4.6 (4.7)
Financial Times’ Aims Achieved 91% (89%) NA (90%) 91% (90%) 91% (89%) 90% (90%) 93% (93%) 91% (91%)
Financial Times’ Research Rank 1 (1) NA (2) 2 (4) 4 (3) 9 (8) 7 (14) 13 (6)
Financial Times’ Salary Increase 117% (104%) NA (115%) 132% (105%) 123% (120%) 122% (117%) 131% (114%) 111% (99%)

2022 data (2021 in parentheses)

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Poets&Quants 2022-2023 MBA Ranking: A Surprising Change At The Top

Stanford, Harvard & Wharton Also-Rans In Topsy-Turvy U.S. News MBA Ranking

Ten Biggest Surprises In The 2023-2024 U.S. News MBA Ranking

Poets Versus Quants: How U.S. News Ranks The Top B-Schools By MBA Specialization

Financial Times 2023 MBA Ranking: The Biggest Bombshell Is Wharton’s Disappearance

Financial Times 2023 MBA Ranking: Ten Biggest Surprises

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