The Economist MBA Rankings 2010

The Economist MBA Rankings

The Economist MBA rankings are a trusted source of information about MBA schools in the US and around the world. The rankings provide a well-rounded perspective of today’s MBA programs because they’re based on data from a three-year period. The Economist MBA Rankings 2010 are the ninth annual rankings of full-time MBA programs that the publication has produced.

The Economist top MBA programs for 2010 are ranked from an initial selection of 130 prestigious business schools offering full-time MBA programs around the world. The magazine invited these schools and their MBA students/alumni to take part in a two-stage survey. 15 of the schools were not ranked because they didn’t participate in the survey or they didn’t provide sufficient data. The Economist calculated rankings for the top 100 MBA schools around the globe from the remaining 115 schools.

Top US Schools in The Economist MBA Rankings 2010

The Master of Business Administration rankings from The Economist include schools from around the world, but its top-ranked MBA programs from the US are as follows:

  1. University of Chicago’s Booth School of Business
  2. Dartmouth College’s Tuck School of Business
  3. University of California Berkley’s Haas School of Business
  4. Harvard Business School
  5. Stanford Graduate School of Business
  6. University of Pennsylvania’s Wharton School
  7. University of Virginia’s Darden School of Business
  8. Columbia Business School
  9. MIT Sloan School of Management
  10. New York University’s Stern School of Business

In this year’s rankings, there were many wild swings. For example, the University of Virginia’s Darden School shot up 13 spots and Columbia Business School jumped eight places. To qualify for inclusion in The Economist MBA rankings, schools with full-time MBA programs had to attain a minimum number of responses to a survey gauging the opinion of current students and alumni who graduated within the last three years. The data was collected using web-based questionnaires. Schools were evaluated on a wide range of factors, including facilities, faculty, recruiters/career services, cost, and application details.

Methodology of The Economist Top MBA Programs 2010

Student and alumni ratings make up 20% of the total ranking, while 80% of the ranking is based on data provided by business schools. The ranking criteria that The Economist used are new career opportunities, which contributed 35% to the final rankings; personal development and educational experience, which contributed 35% to the final rankings; salary increase, which contributed 20% to the final rankings; and the potential to network, which contributed 10% to the final rankings. Extensive information about each school, such as the diversity of recruiters, jobs found through the careers service, student quality, post-MBA salary, and the breadth of the alumni network, was taken into account.

The Economist has stated that MBA rankings are little more than an indication of the MBA market at a particular time and reflect prevailing conditions, such as salaries, jobs available, and the situation at a school at the time. Nevertheless, if you’re looking for a comprehensive overview of the best MBA programs in the US, Economist MBA rankings are a handy reference.