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The 10 best business schools in the US

March 20,2018 16:09

Going to business school is a rite of passage for many of the world's most powerful business people. But not all business schools are created equal. Some business schools launch graduates into high-paying careers and others can fall short of students ...



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Abigail Hess | @AbigailJHess
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The University of Chicago

Going to business school is a rite of passage for many of the world's most powerful business people.
But not all business schools are created equal. Some business schools launch graduates into high-paying careers and others can fall short of students' expectations. U.S. News & World Report analyzed thousands of schools to determine the best business schools in the country. They considered factors such as undergraduate GPA, ability to find a job within three months of graduation and starting salary.
Here are the top 10 business schools in the country:

Cheryl Senter | Bloomberg | Getty Images
Students walk outside the Collis building on the campus of Dartmouth College, the smallest school in the Ivy League, in Hanover, New Hampshire.

10. Dartmouth College (Tuck)

Overall score: 91Average undergraduate GPA: 3.52Average GMAT score: 722Acceptance rate: 23 percentAverage starting salary: $152,805Employed at graduation: 80.2 percentEmployed three months after graduation: 91.8 percentOut-of-state tuition and fees: $72,330Enrollment: 582

9. Columbia University

Overall score: 92Average undergraduate GPA: 3.60Average GMAT score: 727Acceptance rate: 14 percentAverage starting salary: $151,849Employed at graduation: 69.9 percentEmployed three months after graduation: 89.3 percentOut-of-state tuition and fees: $74,476Enrollment: 1,297

7. University of California — Berkeley (Haas) 

Overall score: 93Average undergraduate GPA: 3.71Average GMAT score: 725Acceptance rate: 12.9 percentAverage starting salary: $146,752Employed at graduation: 66.3 percentEmployed three months after graduation: 89.9Out-of-state tuition and fees: $59,811Enrollment: 543

7. University of Michigan — Ann Arbor (Ross) 

Overall score: 93Average undergraduate GPA: 3.46Average GMAT score: 716Acceptance rate: 25.3 percentAverage starting salary: $150,052Employed at graduation: 89.7 percentEmployed three months after graduation: 94.4 percentOut-of-state tuition and fees: $67,628Enrollment: 824

6. Northwestern University (Kellogg)

Overall score: 95Average undergraduate GPA: 3.60Average GMAT score: 732Acceptance rate: 20.2 percentAverage starting salary: $146,259Employed at graduation: 81.6 percentEmployed three months after graduation: 92.6 percentOut-of-state tuition and fees: $70,435Enrollment: 1,296

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5. Massachusetts Institute of Technology (Sloan)

Overall score: 97Average undergraduate GPA: 3.57Average GMAT score:722Acceptance rate: 11.6 percentAverage starting salary: $148,451Employed at graduation: 84.2 percentEmployed three months after graduation: 93.9 percentOut-of-state tuition and fees: $71,312Enrollment: 813

4. Stanford University

Overall score: 98Average undergraduate GPA: 3.74Average GMAT score: 737Acceptance rate: 5.7 percentAverage starting salary: $159,440Employed at graduation: 63.9 percentEmployed three months after graduation: 87.6 percentOut-of-state tuition and fees: $68,868Enrollment: 853

3. University of Pennsylvania (Wharton)

Overall score: 99Average undergraduate GPA: 3.60Average GMAT score: 730Acceptance rate: 19.2 percentAverage starting salary: $159,815Employed at graduation: 82.3 percentEmployed three months after graduation: 92.6 percentOut-of-state tuition and fees: $76,580Enrollment: 1,737

1. University of Chicago (Booth) 

Overall score: 100Average undergraduate GPA: 3.61Average GMAT score: 730Acceptance rate: 23.5 percentAverage starting salary: $151,085Employed at graduation: 88 percentEmployed three months after graduation: 95.3 percentOut-of-state tuition and fees: $70,364Enrollment: 1,176

1. Harvard University 

Overall score: 100Average undergraduate GPA: 3.71Average GMAT score: 731Acceptance rate: 9.9 percentAverage starting salary: $158,049Employed at graduation: 78.9 percentEmployed three months after graduation: 89.3 percentOut-of-state tuition and fees: $78,772Enrollment: 1,857

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Harvard Business School Graduation Ceremony

The University of Chicago and Harvard University tied for the top place on U.S. News' list. This is the first year that the prestigious Booth School of Business at the University of Chicago received a first-place ranking.
All of the schools on in the top 10 are difficult to get into, but some stand out as being particularly selective. Stanford University had the lowest acceptance rate, with just 5.7 percent of applicants being accepted into a class of 853 students.
The cost of attending a top 10 business school ranges from $59,811 for out-of-state students at UC Berkeley to $78,772 at Harvard.
Fortunately, graduates from these programs earn some serious starting salaries. On average, graduates at these business schools earned well over six-figures. Graduates from the Wharton School of business at the University of Pennsylvania earned an average of $159,815 after graduation — the highest starting salary across all business schools in the country.
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