U.S. News ranked 131 schools in total.
Top 25 2018 rank (2017 rank in parentheses)
1) Wharton rose in the rankings because of Strong employment and pay figures—85.6 percent of graduates employed at graduation and the highest reported average salary of all schools, $155,058.
2) Booth is confirmed as a Top 3 School
Last year, Chicago Booth tied Stanford for second place—its first time ever outranking Wharton and also the first time the Chicago school had secured a top-three spot in the history of the U.S. News rankings. A climbing GMAT average (726) and high employment numbers (84.9 percent employed at graduation) have played a part in its rise.
3) Stanford was damaged at least in terms of the U.S. News list—by the fact that its graduates are confident enough that they’ll land an excellent job so they often wait until accepting the best offers. Only 62.8 percent of its MBAs were employed by graduation—as compared to 85.8 percent at Wharton, 84.9 percent at Chicago Booth and 79.3 percent at HBS.
But Stanford's GMAT average stood at #1 at 737; average undergraduate GPA was 3.73, with an acceptance rate of just 6 percent. HBS acceped 10.6 percent, Wharton, 19.6 percent, and Chicago Booth, 23.6 percent.
4) Yale SOM Defends Its Position in the Top 10
This year marks the third time since 2013 that Yale School of Management (SOM) has ranked in the top 10, giving the school an increasingly legitimate claim to membership in this elite club. In this most recent ranking, the New Haven school tied for No. 9 with CBS. Last year it tied at eighth with Tuck—a five-spot jump over the previous year.
Yale has been making improvements on several fronts. In 2011, the school hired Dean Edward Snyder—the very same dean who sat at the helm of Chicago Booth during its meteoric rankings rise in the early 2000s. Yale has also been poaching high-profile faculty from other schools over the last decade, including Andrew Metrick, professor of finance, and Anjani Jain, current assistant dean, both formerly Wharton faculty.
Add to that the opening of glittery new facilities in 2014 and the school’s traditional strength and reputation as a leader in the non-profit and corporate responsibility areas—currently in vogue with millennials—and the school’s continued top-10 showing makes sense.
5) CBS is battling to maintain its top-10 claim, and its tie this year with Yale for ninth is theoretically an improvement over its 10th place finish last year. But it’s still down from the No. 8 spot it successfully defended from 2012 through 2016. Contributing factors could include the rising cost of living in New York and declining interest among applicants in the financial sector—but that’s just conjecture.
6) NYU Stern Bounces Back from 20 to 12
For more information please go to US News & World Report 2018 U.S. News Rankings