2025 Fortune MBA Ranking: It's Harvard Again!

Harvard Business School tops the Fortune list for the fourth time in four rankings

2025 FORTUNE TOP 25 MBA RANKING

2024 Rank & School	Y-O-Y Change	2023 Rank	2022 Rank	2021 Rank
1. Harvard	——–	1	1	1
2. Chicago (Booth)	+5	7	2	4
3. Northwestern (Kellogg)	+2	5	3	5
4. Pennsylvania (Wharton)	-1	3	4	3
5. Columbia	+1	6	6	6
6. Stanford	-4	2	5	2
7. Michigan (Ross)	+3	10	NR	NR
8. Duke (Fuqua)	+3	11	8	11
9. MIT (Sloan)	-1	8	9	8
10. New York (Stern)	-1	9	7	7
11. Virginia (Darden)	+2	13	10	14
12. Texas-Austin (McCombs)	+5	17	16	16
13. Dartmouth (Tuck)	+2	15	11	10
14. Cornell (Johnson)	-2	12	14	12
15. Yale SOM	-11	4	12	9
16. UC-Berkeley (Haas)	-2	14	13	13
17. Emory (Goizueta)	+3	20	NR	NR
18. Carnegie Mellon (Tepper)	+1	19	NR	NR
19. Georgia Tech (Scheller)	+9	28	26	24
20. Vanderbilt (Owen)	+6	26	21	20
21. Washington (Olin)	+18	39	27	NR
22. Southern California (Marshall)	-4	18	NR	NR
23. UCLA (Anderson)	-7	16	15	NR
24. Rice (Jones)	——–	24	19	22
25. Washington (Foster)	-3	22	20	18