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Director
Joined: 25 Jan 2004
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Location: Milwaukee
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Best Business Schools : Rankings from Forbes for 2005 [#permalink]
 16 Sep 2005, 14:10
Forbes’ fourth biennial ranking of graduate business schools is out. For the first time, this year’s list included part-time programs.
The methodology used to rate schools was return on investment. The formula took a look at compensation five years after graduation minus tuition and the forgone salary during school. It’s this last part of the equation that points up a significant trend—the increased popularity of part-time programs. According to Forbes, 50% of MBA students are in part-time programs. Check these link out.
http://www.forbes.com/2005/08/16/best-b ... _land.html
The Top Ten
1 Dartmouth
2 Pennsylvania
3 Chicago
4 Columbia
5 Yale
6 Stanford
7 Harvard
8 Virginia
9 Cornell
10 Northwestern
_________________
Praveen
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CEO
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One fact to keep in mind with the Forbes ranking is that it appears to use the "list" tuition price for all schools. Even a $20,000 scholarship could easily change the apparent rankings from school to school (consider the effect of a 20k reduction in the tuition of Cornell).
Likewise, considering only the out-of-state tuiton can dramatically overstate the cost of many public schools. An in-state student currently pays some $34,000 less in total than an out of state student at Texas McCombs. If we include the time value of the tuition forgone, this would have a large impact on the rankings.
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