One MBA expert that has crunched the numbers is Poets & Quants. Its list combines these five influential business school rankings whilst each ranking is separately weighted according to the media outlet’s view of their credibility. U.S. News was given a weight of 35 per cent, Forbes 25 per cent, while both the Financial Times and Businessweek are given a 15 per cent weight, and The Economist (October 2018 ranking), 10 per cent.
In Poets & Quants’ combined ranking Stanford’s Graduate School of Business came first, followed by the University of Chicago’s Booth School of Business, Harvard Business School, Wharton, Northwestern Kellogg, MIT Sloan, and Columbia Business School. These so called M7 schools were followed by UC-Berkeley’s Haas School of Business in eighth and Dartmouth College’s Tuck School of Business in ninth place. Yale School of Management snuck its way into the top ten, edging up one spot from 11th place last year to replace the University of Michigan’s Ross School of Business.
Another business school expert that has compiled and analysed the results of the big five MBA rankings of the last 12 months is admissions consultancy Fortuna Admissions.
In Fortuna Admissions’ ranking Stanford and Chicago Booth tied at first place followed by Harvard and Wharton. Stanford outperformed Harvard in several rankings in the past months – in the Bloomberg Businessweek, but also in the FT, in US News and Forbes.
Chicago Booth managed to gain a position over Wharton in The Economist, Forbes and Businessweek, with Wharton leading in the FT and US News. Chicago Booth is the only school in the top 10 that saw applications increase last year.
Another school that has had a good year was Berkeley Haas according to Fortuna Admissions. The school averaged sixth ahead of MIT Sloan and Columbia. Dartmouth’s Tuck had extremely varied results in comparison. Whilst it was ranked a fantastic second place in the Businessweek, it only came twelfth in The Economist ranking of October 2018, 15th in the FT ranking of January 2019 and again twelfth place in the US News ranking of March 2019.
Read more on poetsandquants.com, forbes.com and fortunaadmissions.com