What are the best business schools?

What are the best business schools?

Is it worth investing in an MBA? This is the question that Forbes tried to answer in order to compile the ranking of the best ones of 2019. A question that isn’t easy to answer, if we consider that the total costs for the best schools can reach upwards of 350 thousand dollars.

Forbes examined more than 100 schools and interviewed 17,500 former students about their pre and post-graduate salary, their job position and career path. The responses obtained came from 25% of the graduates. A lack of at least 15% response by part of their former students resulted in the exclusion of the school from the ranking. Furthermore, schools from which the former students had a negative ROI (return on investment) after five years were also excluded from the ranking.

The ranking of the best business schools is based exclusively on returns on the average investment obtained by those who have obtained an MBA in 2014. The returns for individuals vary greatly and the results for business school graduates are often poor, especially if the schools are not very prestigious.

Forbes compared the earnings (salaries, prizes and stock options) of former students in their first five years post-graduation. In essence, the ranking was based on their “earnings with an M.B.A.”: this is the cumulative net sum that the former students earned after five years with an MBA, compared to their pre-MBA career.

Ranking of the best business schools with one-year MBA programs:

  • IMD
  • Insead
  • Cambridge (Judge Business School)
  • SDA Bocconi
  • Oxford (Said Business School)
  • IE Business School
  • Indian Business School
  • Warwick
  • Mannheim
  • ESMT Berlin

Ranking of the best business schools with MBA programs:

  • Chicago (Booth)
  • Standford
  • Northwestern (Kellogg)
  • Harvard
  • Pennsylvania (Wharton)
  • Dartmouth (Tuck) / Columbia
  • MIT (Sloan)
  • Cornell (Johnson)
  • Michigan (Ross)
  • UC Berkeley (Haas)
  • Yale
  • Virginia (Darden)
  • Duke (Fuqua)
  • UNC (Kenan-Flagler)
  • UCLA (Anderson)
  • Carnegie Mellon (Tepper)
  • Texas-Austin (McCombs)
  • Indiana (Kelley)
  • NYU (Stern)