A most basic, but important question that a prospective MBA candidate asks is, if college rankings really matter. Considering the fact that there is no shortage of extraordinary paychecks for MBA graduates from top universities in USA, it is a factor worth paying attention to. Even when economic recession slowed down the job market significantly, MBA graduates from reputed universities in USA were largely accepted by employers. Without a doubt, these universities listed here have resources to rank them among the best in the USA for MBA as they outperform their competitors:
1. Stanford University Graduate School of Business:
An MBA from Stanford University Graduate School of Business has the potential to give you a great return on investment. Stanford graduates get noticed and hired by top employers including McKinsey, Apple and Google. However, the university is very selective when it comes to choosing applications for their business programs. With expert faculty and a dynamic curriculum, they create leaders who are global in outlook. The Stanford graduates beat the competition by drawing largest salaries ever paid in USA, within five years out of school.
2. University of Pennsylvania Wharton School:
Being the first business school in USA, The Wharton School at the University of Pennsylvania sets the bar in business education. A great 79.7 percent of graduates of their full-time MBA program are employed. There are enough jobs out there in the best companies to satisfy every graduate from Wharton School of business. Unlike most business schools, forty percent of their coursework is conducted outside the school to provide their students hands-on experience in the field. John Sculley, former CEO of Apple Inc. and Jeff Weiner, CEO of LinkedIn are a couple of notable graduates from this business school.
3. University of Chicago Booth School of Business:
Students at the Booth School of Business at University of Chicago have the versatility of earning an MBA in a traditional two-year program or a part-time MBA degree through evening and weekend courses. The business school has gained a high reputation in the field of business education and is the first to offer Executive MBAs and PhDs in business. A striking characteristic that sets apart this business school from its competitors is its world renowned faculty, including eight Nobel laureates.
4. Massachusetts Institute of Technology (MIT) Sloan School of Management:
MIT's Sloan School of Management offers one of the finest and most prestigious MBAs in the world. Their cutting-edge approach and the rich intellectual educational tradition attract some of the world's best students and faculty. Even though the flagship program is the traditional two-year MBA, the business school offers an opportunity to receive the Master of Science in Management (SM) with the completion of an optional thesis.
5. Harvard University:
An advanced business degree from Harvard University is well worth it. Even though the payback from the degree is not so glorious when compared to 1990s, MBA from Harvard University still has an outstanding value. Students here work together in small teams to tackle true-to-life problems, which prepare them for real competition in the business world. Enrolling yourself in top universities in USA will make sure that you won't regret your MBA for a second. It is worth an investment as your degree will pay off in three to four years. Consulting firms like Bain, Deloitte and McKinsey hire MBA graduates at rapid rate and impressive salaries, but only those from the top universities in USA.