US News MBA Rankings for 2014

US News MBA Rankings

Do you want to pursue a successful career in business? If so, earning a Master of Business Administration (MBA) may be in your plans. When you are evaluating schools, you will undoubtedly come across the famed US News MBA rankings. Making the most of your MBA program largely depends on the reputation of the business school you the attend, and US News rankings can help guide you to finding the right school for your needs.

US News Rankings

Top 10 MBA Schools in 2014

Like all college rankings, the MBA school rankings from US News are controversial and often the subject of debate. However, the US News rankings are among the most influential and prominent of all the MBA rankings. Here are the top 10 MBA schools in 2014, according to US News:

    1. Harvard University
    1. Stanford University
    1. University of Pennsylvania (Wharton)
    4. University of Chicago (Booth)
    5. Massachusetts Institute of Technology (Sloan)
    6. Northwestern University (Kellogg)
    7. University of California-Berkley (Haas)
    8. Columbia University
    9. Dartmouth College (Tuck)
    10. New York University (Stern)

Criteria and Methodology

In order to develop the US News MBA ranking, US News sent out surveys to all 453 master’s programs in business that are accredited by the Association to Advance Collegiate Schools of Business International. Of the 385 schools that responded to the survey, 127 provided enough data to calculate full-time MBA rankings. The following indicators were used to come up with the 2014 US News MBA rankings:

  • Peer assessment score
  • Recruiter assessment score
  • Placement success
  • Mean starting salary and bonus
  • Student selectivity
  • Mean GMAT and GRE scores
  • Acceptance rate
  • Mean undergraduate GPA

Biggest Winners in the 2014 US News MBA Rankings

Hardvard, Standford, and Wharton Tied for First

The top schools include Harvard, Stanford, and Wharton, which all tied for first place.

Wharton Makes a Comeback

Most notably of the top three, Wharton has bounced back in a big way in the US News rankings. Just last year, Wharton was in third place and the school received negative attention in the media, with recruiters claiming that it had lost its stature. Factors that helped improve Wharton’s standing this year include its high average GMAT score of 725 and excellent placement and compensation stats.

Linder Jumped 39 Place

The school with the most impressive ranking increase was the University of Cincinnati’s Lindner College of Business. Lindner jumped 39 places and achieved a rank of 60 this year, compared to a rank of 99 in 2013. In order to leap 39 places in just one year, Lindner had to improve every metric that US News measures. They reported better GMAT scores, GPAs, and greater student selectivity.

New Schools in the 2014 Rankings

Notable new schools in this year’s rankings include:

  • Texas Tech
  • The University of Delaware
  • The University of Illinois at Chicago

Schools with Big Drops in the Rankings

University of Alabama’s Manderson Dropped 14 Spots

On the other hand, the University of Alabama’s Manderson Graduate School of Business experienced the biggest drop in rankings. The school had a rank of 60 last year. This year, it dropped 14 spots to a rank of 74.

Schools That are Now Off of the List

Schools that disappeared completely from this year’s US News rankings include:

  • Virginia Tech
  • St. Louis University
  • Oklahoma State
  • Auburn University
  • The University of Mississippi

Factoring Rankings Into Your Decision

The US News MBA rankings are a dynamic list that change every year based on a number of factors. Although you have to consider a lot more than just a school’s ranking when determining whether it is right for your needs, rankings are definitely an important factor to evaluate if you want to attend a reputable business school that is respected by employers. Explore the US News rankings and read about admissions requirements, tuition, and financial aid options at various business schools to find the best program for you.