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The vast majority of our inquiries are particular on MBA brand, insistent on only the top MBA programs because that’s where the strong value can be easily seen. “Applicants see an MBA as a long-term investment in their future,” says Beth, a former Kellogg School MBA Admissions Officer, now on the Stacy Blackman Consulting team. What makes an MBA program “top” and the factors that contribute to that brand perception are explored here.  Three critical influencers for which MBA program is considered top include

  1. Rankings: Patterns over Time
  2. Selectivity, Stats and Demand
  3. Career Potential

Rankings: Patterns Over Time

We have a love and hate relationship with MBA rankings.  For the most recent US News 2022 ranking summaries, check out their full time and part time MBA program lists here. Below you can see the hierarchy over time of MBA rankings by top programs

Poets & Quants2020 US News 2022 US News 2021 US News 2020 US News 2019
Stanford 1 1 1 2 4
Harvard 4 5 6 3 1
Poets & Quants 2020 US News 2022 US News 2021 US News 2020
Wharton 3 2 2 1
Columbia 7 7 8 6

 

Poets & Quants US News 2022 US News 2021 US News 2020 US News 2019
Northwestern Kellogg 5 4 3 6 6
Chicago Booth 2 3 3 3 1
Poets & Quants 2020 US News 2022 US News 2021 US News 2020 US News 2019
MIT Sloan 6 5 5 4 5
Berkeley Haas 8 7 7 6 7
Poets & Quants 2020 US News 2022 US News 2021 US News 2020
Virginia Darden 11 13 11 12
Duke Fuqua 14 12 12 10

Selectivity, Stats and Demand

The higher the rank of the MBA program, the higher the test score, GPA— they are all correllated.  Similarly, selectivity for the top programs is inversely correlated where low selectivity predicts top program program.

Class of 2022 Admissions Stats Harvard Stanford
Average GMAT 728 733
GMAT Range 620-790 600-790
Average GPA 3.7 3.8
Estimated selectivity 10.02% 7.00%
Class of 2022 Admission Stats Wharton Columbia
Average GMAT 722 726
GMAT Range 620-790* 580–780
Average GPA 3.6 3.6
Selectivity 23.1% 13.6%
Yield 68%* 72%*
Class of 2022 Admission Stats Kellogg Booth
Average GMAT 727 724
GMAT Range 640-770 600-800
Average GPA 3.6 3.6
Acceptance Rate 26%* 25%*
Class of 2022 Admission Stats MIT Sloan Berkeley
Median GMAT 722 730
GMAT Range* 600-780 690-760
Average GPA 3.5 3.65
Selectivity* NA 17.70%
Yield* NA 45%
Class of 2022 Admission Stats Duke Darden
Average GMAT 702 703
GMAT Range 660-740 660-750
Average GPA 3.5 3.5
Enrolled MBA Students 798 733
Women MBA Students 46% 39%
International MBA Students* 38% 24%
Minority* 23% 16%
* Estimated, Under-Represented Minority – U.S. domestic or permanent residents students who identify as African American or Black, Hispanic American or Latinx, American Indian or Alaska Native, Native Hawaiian or Pacific Islander, and those who are multiracial or multiethnic. URM does not include Asian Americans.
*International MBA students may include dual citizens; data reporting varies.
*Estimated

Career Potential

The most underestimated influencer of how to define a top MBA program is employment recruiting.  The MBA is an investment into your career path and your future employer, possible employment location, an salary will vary based on which business program you choose.

Below is a snapshot of how career recruiting varies and there are more comparisons here.

Jobs & Pay Data Harvard Stanford
MBAs employed 3 months after commencement 95% 91%
Consulting Industry 24% 15%
Finance Industry 34% 34%
Tech Industry 19% 28%
Health Care 7% 4%
Northeast Location 41% 20%
West Coast Location 25% 60%
Southwest Location 6% 4%
South 3% 3%
Mid Atlantic 3% 1%
Midwest 8% 2%
International 15% 11%

I recently offered my insights on how to find a top MBA program here:

 

You can read additional insights on how to evaluate top MBA programs here:

Which MBA: School Comparisons

Career Recruiting by MBA Program

MBA Program Deadlines & Average Test Scores

MBA Program Rankings

Request a free consultation with a Principal
on our SBC team to assess school fit.

 

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(323) 934-3936
info@StacyBlackman.com

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