slight off topic. Is USNews the best ranking to look at or businessweek?
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If you like my answers please +1 kudos!

US News is addressing the problem of hardcopy being available before online version, by releasing the online ranking a week earlier than the hardcopy this year. Someone actually got a hold of the hardcopy and scanned the rankings for the law schools. There's no concrete proof for the business school ranking. Either case, we'll find out if the leak is legit after the clock strikes 12 tonight on the eastern sea board.
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Diversity

Dang, I sure hope that's right!!! Go UT!!!!!

Avernusaur, I think the businessweek "tier" system rankings is a better reflection of reality and I agree with it more than USNews. USN's are more like the Financial Times rankings where for exapmple, the Indian School of business is at # 12, ahead of Stern, Tuck, Yale, Oxford, Kellogg, Ross, Haas, Darden to mention but a few (disclaimer: my future school always does better in BW rankings )
http://www.rankings.ft.com/businessscho ... a-rankings

Oh btw, although I did not apply to them, I got an e-mail from UC Irvine this AM: "U.S. News and World Report released their latest edition of "America's Best Graduate Schools", and The Paul Merage School of Business Full-Time MBA program jumped 15 spots to #36 in the U.S"

For goodness' sake, how can a school jump 15 spots in one year?!?!?!
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Leadership is not really about telling people what to do — a strategy that doesn't always work. It's about creating an environment where people can speak up, where we can get into debates without becoming confrontational or negative. [It's] about getting people to bring all of themselves to the table." - DuPont CEO Ellen Kullman; Kellogg '83

The Business School Rankings Methodology
By Robert Morse , Sam Flanigan
Posted April 15, 2010

All 433 master's programs in business accredited by AACSB International were surveyed in fall 2009 and early 2010 (378 responded, of which 129 provided the data needed to calculate rankings based on a weighted average of the indicators described below). All 433 schools appear in the online directory.
Click here to find out more!

[See our Best Business Schools rankings.]

Quality Assessment (weighted by .40)

Peer Assessment Score (.25) In the fall of 2009, business school deans and directors of accredited master's programs in business were asked to rate programs on a scale from "marginal" (1) to "outstanding" (5). Those individuals who did not know enough about a school to evaluate it fairly were asked to mark "don't know." A school's score is the average of all the respondents who rated it. Responses of "don't know" counted neither for nor against a school. About 44 percent of those surveyed responded.

Recruiter Assessment Score (.15) In the fall of 2009, corporate recruiters and company contacts from M.B.A. programs previously ranked by U.S. News were asked to rate all full-time programs on a scale from "marginal" (1) to "outstanding" (5). Those individuals who did not know enough about a school to evaluate it fairly were asked to mark "don't know." A school's score is the average of all the respondents who rated it. Responses of "don't know" counted neither for nor against a school. About 28 percent of those surveyed responded. For the purpose of calculating this year's rankings, the two most recent years' recruiters' survey results were averaged and are weighed by .15.

Placement Success (weighted by .35)

Mean Starting Salary and Bonus (.14) The average starting salary and bonus of 2009 graduates of a full-time master's program in business. Salary figures are based on the number of graduates who reported data. The mean signing bonus is weighted by the proportion of those graduates who reported a bonus, because not everyone who reported a base salary figure reported a signing bonus.

Employment Rates for Full-time Master's Program in Business Graduates The employment rate for 2009 graduates of a full-time master's program in business. Those not seeking jobs or for whom no job-seeking information is available are excluded. If the proportions of graduates for whom no job-seeking information is available and who are not seeking jobs are high, then the information is not used in calculating the rankings. Employment rates at graduation (.07) and three months after graduation (.14) are used in the ranking model.

Student Selectivity (weighted by .25)

Mean GMAT Scores (.1625) The average Graduate Management Admission Test score of students entering the full-time program in fall 2009. Scores on the test range from 200 to 800.

Mean Undergraduate GPA (.075) The average undergraduate grade-point average of those students entering the full-time program in fall 2009.

Acceptance Rate (.0125) The percent of applicants to the full-time program in fall 2009 who were accepted.

Overall Rank: Data were standardized about their means, and standardized scores were weighted, totaled, and rescaled so that the top school received 100; others received their percentage of the top score. In order to be ranked, a full-time M.B.A. program had to have 20 or more graduates who were seeking employment in 2009. For a school to have its employment data considered in the ranking model, at least 50 percent of its 2009 full-time M.B.A. graduates needed to be seeking work.

Specialty Rankings: These rankings, including executive M.B.A., are based solely on ratings by business school deans and directors of accredited master's programs from the list of schools surveyed. They were asked to nominate up to 10 programs for excellence in each of the areas listed. The schools receiving the most votes in each specialty appear here.