Forbes MBA Rankings 2010

Forbes MBA Rankings

Forbes MBA rankings are designed to show prospective MBA students which business schools offer the highest return on investment. Forbes publishes rankings for the best US-based MBA programs, the best non-US one-year MBA programs, and the best non-US two-year MBA programs. The Forbes MBA rankings 2010 (published in 2009) are the magazine’s sixth biennial ranking of business schools. Although the rankings are currently published every two years, Forbes plans to publish them annually in the future.

Forbes Top MBA Programs 2010

The top 10 Forbes MBA Rankings for schools in the US are as follows:

  1. Stanford Graduate School of Management
  2. Dartmouth University (Tuck)
  3. Harvard Business School
  4. University of Chicago (Booth)
  5. University of Pennsylvania (Wharton)
  6. Columbia Business School
  7. Cornell University (Johnson)
  8. Northwestern University (Kellogg)
  9. University of Virginia (Darden)
  10. Yale School of Management

Graduates of the MBA programs ranked in the top five by Forbes typically rake in salaries of more than $200,000 five years after graduation. In comparison to previous years, however, it is taking longer for graduates to achieve a return on investment, mainly due to rising tuition and higher pre-MBA salaries.

The Methodology behind the Forbes MBA Rankings 2010

In order to calculate its Master of Business Administration rankings, Forbes surveyed 17,000 alumni from the graduating class of 2004 at 103 schools and heard back from approximately 24% of them. Forbes compared the earnings of graduates in their first five years of out of school with the opportunity cost of completing an MBA program. The opportunity cost of going to business school is two years of lost compensation, as well as the tuition and fees. Forbes adjusted for cost of living expenses and discounted graduates’ earning gains using a rate tied to money market yields. Only two-year full-time MBA programs were included in the Forbes US rankings.

According to the Forbes MBA rankings 2010, the payback of going to business school is less after five years than it was in the past. The median five-year gain for graduates of the top 50 US programs this year was $29,000, compared to $64,000 two years ago. Nevertheless, the results of the Forbes MBA rankings demonstrate that going to a top business school still provides a solid return on investment. Graduates of schools ranked in the top 75 by Forbes generally make their investment back within five years. Surveys showed that graduates with jobs in the financial services sector had the highest average salary five years out of school.

If you’re looking for an MBA program that will provide you with the most bang for your buck, the results of Forbes MBA rankings 2010 are well worth examining. Unlike other MBA ranking systems, Forbes ranks MBA programs based on their return on investment. The payback that an MBA will provide is an especially important factor to consider in today’s economic climate, in which only 50% of MBAs have a job offer three months before graduation. Forbes MBA rankings can help you determine which MBA programs are worth pursuing from a financial standpoint.