What is the best business school? How much do they Cost?:
Graduate school MBA programs can be very competitive to get into and they are by no means cheap. The average out of state tuition fees at Harvard run $35,000+/year with Stanford and Wharton costing a few thousand more. The big incentive in going to business school is that the average starting salary coming out of Harvard is $111K/year. With that kind of salary, you can understand the sacrifice is well worth the reward. If you are thinking "who can find a job that demands that kind of salary" think again. 90% of all graduates from Harvard, Stanford, and Wharton find employment within 3 months. USNews ranks the top business schools in America each year. Keep reading to see the Top 10 list.
Below is a list of the USNews Top Business Schools for 2006.
Harvard University
Stanford University
University of Pennsylvania (Wharton)
Massachusetts Institute of Technology (Sloan)
Northwestern University (Kellogg)
Dartmouth College (Tuck)
University of California–Berkeley (Haas)
University of Chicago
Columbia University
University of Michigan–Ann Arbor (Ross)
Harvard Business School:
When someone thinks of prestigious schools and a quality educational experience, Harvard always comes up in the conversation. Harvard Business Schools describes itself as 'a community of people engaged in many activities focused on one purpose—developing leaders. Our MBA graduates use the skills they develop here to inspire change and innovation throughout their lives—in business and in other organizations, in their communities, and in society'. At $35,000/year the school is expensive but the results speak for themselves in terms of expected salary when you graduate and the timeframe within most graduates get jobs (90% in 3 months or less). Pretty impressive statistics no matter how you look at it. The average GMAT score for the class entering in fall 2004 was 707. The HBS MBA program is a two-year full time program that starts in the fall with the summer off between the first and second year. You can acquire more information the program from their website at Hbs.edu.
Wharton Business School:
From the Wharton MBA website - "Wharton was founded in 1881 as the first collegiate business school, and that spirit of innovation still drives us today. Wharton offers a distinctively collaborative MBA experience, unparalleled academic and career resources, and a commitment to learning and personal growth". They have consistently put out a product that is ranked in the Top 5 business schools in America for years. Tuition is steep, but the payoff is high. They only select 1 in 5 applicants.
How good is London Business School?:
London Business School is consistently ranked as one of the top business schools in the world. The School graduates over 800 MBAs, and Executive MBAs each year. The cultural diversity they offer is second to none - 1000 students from over 75 countries speaking 52 languages. You get a change to study in London, a global center of finance and business. By studying in the heart of a capital city, you get access to recruiters and top consulting firms, international banks, and high level players in the business industry. Given the stiff competition coming from the states (Stanford, Wharton, Harvard, etc), London Business School holds up as a top quality educational experience.
International Business Schools:
Business Week has rankings for the top international business schools come out every few years and the list for 2004 is below in order of rank.
Queens
IMD
INSEAD
ESADE
London Business School
Western Ontario
IESE
HEC - Paris
Toronto
HEC - Montreal
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