The latest US News 2014 Best Business School Rankings are out, and the top spot is still a wee bit crowded with both Harvard Business School and Stanford Graduate School of Business sharing the coveted position for a second year.
University of Pennsylvania’s Wharton School came in third, while the Chicago Booth School of Business fell out of a three-way tie for 4th, dropping to 6th, leaving MIT Sloan School of Management and Northwestern’s Kellogg School of Management tied for the No. 4 spot.
Rounding out the top ten we find UC Berkeley’s Haas School of Business in the No. 7 spot; Columbia Business School in 8th place; Dartmouth’s Tuck School of Business in 9th; and New York University’s Stern School of Business at No. 10.
Yale School of Management dropped to No. 13 in this year’s ranking, which is something of a surprise to MBA community insiders. The SOM is in the midst of an important period of expansion and opportunity, with experienced dean Edward Snyder at the helm, making bold moves such as launching a global partnership network and recruiting high-caliber leadership to senior associate dean positions.
In his analysis, Poets & Quants editor John A Bryne notes that “the underlying data for Yale did not change …What made the difference was the improvement in the scores for Stern, Fuqua and Darden. Each of those three schools improved its index scores by four points in the latest survey to 87 for Stern, 86 for Fuqua, and 85 for Darden.”
The Kellogg School slipped from first to third in the part-time MBA rankings, making way for the Haas School of Business to claim the No. 1 rank. Georgia State University’s J. Mack Robinson College of Business leapfrogged 15 places, improving its rank from 32 to 17, tied with Rice University’s Jesse H. Jones Graduate School of Business. On the other end of the spectrum, Babson College’s F.W. Olin Graduate School of Business dropped from 16th to 46th in the part-time rankings, U.S. News reveals.
The U.S. News rankings are based on a weighted average of several indicators, including overall program quality, peer assessments, recruiter assessments, placement success, starting salary and bonus, average GMAT/GRE score, undergraduate GPA and more. To compile this year’s rankings, all 448 master’s programs accredited by AACSB International were surveyed in fall 2012 and early 2013. A total of 380 responded, of which 140 provided enough of the data needed to calculate the b-school rankings.