U.S. News MBA Rankings 2010

US News MBA Rankings

U.S. News & World Report is an American news magazine published in Washington DC that is well-known for its rankings of American colleges and universities. The U.S. News rankings of “America’s Best Colleges” have been published on an annual basis since 1985. The U.S. News MBA Rankings 2010, which rank the top business schools in the nation, take a broad range of factors into consideration.

U.S. News MBA Rankings 2010

In order to produce the 2010 U.S. News rankings, 426 MBA programs around the country were surveyed. The indicators that U.S. News used to calculate its rankings are as follows:

  • Quality Assessment (40%)
  • Placement Success (35%)
  • Student Selectivity (25%)

Quality assessment is determined by a peer assessment score and a recruiter assessment score. The peer assessment score is based on a survey of deans and directors of accredited master’s programs in business. The recruiter assessment score is based on a survey of corporate recruiters and company contacts from MBA programs that have previously appeared in U.S. News rankings. Placement success is determined by the average starting salary, bonus, and employment rates of graduates. U.S. News evaluated the student selectivity of MBA programs based on mean GMAT scores, mean undergraduate GPA, and acceptance rate.

U.S. News MBA Rankings 2010

U.S. News awarded the top 10 Master of Business Administration rankings to the following MBA programs:

  1. Harvard Business School
  2. Stanford Graduate School of Management
  3. Northwestern University (Kellogg)
  4. University of Pennsylvania (Wharton)
  5. Massachusetts Institute of Technology (Sloan)
  6. University of Chicago (Booth)
  7. University of California, Berkley (Haas)
  8. Dartmouth College (Tuck)
  9. Columbia Business School
  10. Yale School of Management

To be eligible for the U.S. News MBA rankings, a full-time MBA program must have had 20 or more graduates who were seeking employment in 2009. Furthermore, at least 50% of its 2010 full-time MBA graduates needed to be seeking work. The U.S. News rankings do not include schools that didn’t supply enough key statistical data to be numerically ranked.

How the U.S. News MBA Rankings 2010 Compare with Other MBA Ranking Systems

Unlike other MBA ranking systems, there are many ties in the U.S. News rankings. For example, four schools are tied at rank 33. In addition, approximately 60% of the final rankings are based on information supplied by the schools. The information provided by the schools isn’t audited, so U.S. News rankings may not be completely objective. After all, some business schools being surveyed may attempt to present information in a favorable light in order to improve their rankings.

Moreover, some critics claim that U.S. News rankings are far too US-centric, since they exclude non-US programs, even if they’re superior to the US-based programs listed. Another issue is that U.S. News gathers information for its rankings of MBA degrees from overall surveys of graduate education. Therefore, the information that U.S. News has about each specific MBA program is relatively scant.

Despite these factors, the U.S. News top MBA programs 2010 are widely considered to be among the best business schools in the US. The U.S. News ranking system is thought to accurately measure the overall reputation and public image of US business schools. Therefore, MBA degrees from the top-rated schools in the U.S. News rankings continue to be coveted.