{"id":54538,"date":"2022-04-04T05:50:45","date_gmt":"2022-04-04T12:50:45","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=54538"},"modified":"2023-10-25T07:20:16","modified_gmt":"2023-10-25T14:20:16","slug":"u-s-news-mba-rankings-2023-full-time-part-time","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/u-s-news-mba-rankings-2023-full-time-part-time\/","title":{"rendered":"U.S. News MBA Rankings 2023 [Full-Time &#038; Part-Time]"},"content":{"rendered":"\r\n<figure class=\"wp-block-image\"><a href=\"https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2016\/11\/2023-mba-rankings-us-news.webp\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-59493\" src=\"https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2016\/11\/2023-mba-rankings-us-news.webp\" alt=\"\" width=\"698\" height=\"352\" srcset=\"https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2016\/11\/2023-mba-rankings-us-news.webp 698w, https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2016\/11\/2023-mba-rankings-us-news-300x151.webp 300w, https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2016\/11\/2023-mba-rankings-us-news-640x323.webp 640w\" sizes=\"auto, (max-width: 698px) 100vw, 698px\" \/><\/a><\/figure>\r\n\r\n\r\n\r\n<p>Chicago Booth and Wharton (University of Pennsylvania) share the #1 spotlight in\u00a0<a href=\"https:\/\/www.usnews.com\/best-graduate-schools\/top-business-schools\/mba-rankings\" target=\"_blank\" rel=\"noreferrer noopener\"><em>U.S. News\u2019<\/em>\u00a0Best Business Schools<\/a>\u00a0of 2023 rankings,\u00a0released March 29.<\/p>\r\n\r\n\r\n\r\n<p>The metrics for the rankings are based on career placement success, student excellence and qualitative assessments by experts. MBA rankings are studied voraciously by applicants, students, and alumni\u00a0<a href=\"https:\/\/blog.accepted.com\/do-mba-rankings-matter\/\">but remain controversial<\/a>.\u00a0<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-center\"><a title=\"Are you ready to apply?\r\nTake the MBA Admissions Quiz &gt;&gt;\" href=\"https:\/\/www.accepted.com\/mba-quiz\">Are you ready to apply?<br \/>Take the MBA Admissions Quiz &gt;&gt;<\/a><\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\" id=\"h-notable-changes-this-year\">Notable changes this year<\/h2>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><a href=\"https:\/\/reports.accepted.com\/mba\/webinar\/chicago-booth-mba?hsLang=en\" target=\"_blank\" rel=\"noreferrer noopener\">Chicago Booth<\/a>\u2019s rise reflected improvements on several metrics: a class GMAT score up by six points to 730; an acceptance that fell by five points to 22.6%; a higher score by corporate recruiters that now matches\u00a0<a href=\"https:\/\/blog.accepted.com\/harvard-business-school-mba-essay-tips-deadlines\/\">Harvard<\/a>\u00a0and\u00a0<a href=\"https:\/\/blog.accepted.com\/wharton-mba-essay-tips-deadlines\/\">Wharton<\/a>; and a spike in average salary and sign-on bonus for last year\u2019s MBA grads of $7,300 to a record $180,144\u2013the second-highest of any business school. (NYU Stern had the highest of all schools at $181,803.) Placement for the Class of 2021 jumped five points three months after graduation, at 96.4%.\u00a0<br \/><br \/><\/li>\r\n<li>Wharton\u2019s acceptance rate dropped by 4.9 percentage points to 18.2% and their average GMAT score rose by one point. Wharton MBAs enjoyed a jump in average salary and signing bonuses by $6,600 to $179,692, the second-highest of all schools behind only Booth. Job placement three months after commencement moved up by 3.3 percentage points to 96.8%.<br \/><br \/><\/li>\r\n<li>Top-ranked schools continued to jostle for position, with some flagship programs rising and others falling.\u00a0<a href=\"https:\/\/blog.accepted.com\/stanford-gsb-mba-essay-tips-deadlines\/\">Stanford\u2019s GSB<\/a>\u00a0dropped by three notches, tying with\u00a0<a href=\"https:\/\/blog.accepted.com\/kellogg-mba-essay-tips-deadlines\/\">Kellogg (Northwestern)<\/a>\u00a0for #3. Harvard and MIT Sloan remain tied at #5\u2013no change from last year.\u00a0Yale University\u2019s SOM notched its highest ranking ever at #7, with Columbia and Haas (UC Berkeley) nipping at its heels, sharing the #8 ranking. Yale\u2019s rise stemmed from a six-point rise in its average GMAT score to 726; a drop of six percentage points on its acceptance rate to 23.6%; and a dramatic 8.8 percentage improvement on its placement rate three months after graduation to 94.1%.<br \/><br \/><\/li>\r\n<li><a href=\"https:\/\/reports.accepted.com\/mba\/webinar\/harvard-business-school\" target=\"_blank\" rel=\"noreferrer noopener\">Harvard Business School<\/a>\u2019s fifth-place showing reflects a surprisingly low employment at graduation of 69.0%, lower than any other Top 10 school. Its placement rate three months after graduation was 92.3%, the second-lowest for a Top 10 program. And the average salary and bonus for Harvard\u2019s MBAs last year was $172,774, lower than seven other U.S. business schools. Harvard lost out on other metrics as well, including a higher admit rate of 12.5%, up from 9.2% last year, and average\u00a0GMAT and undergrad GPAs that were lower than many other competitors.\u00a0<br \/><br \/><\/li>\r\n<li><a href=\"https:\/\/blog.accepted.com\/michigan-ross-mba-essay-tips-deadlines\/\">Ross (University of Michigan)<\/a>\u00a0ascended into the Top 10 from #13, while Tuck (Dartmouth College) dropped to #11. Stern (NYU) and Fuqua (Duke University) share the #12 spot. Many other programs in the top 25 leaped forward, including Emory University\u2019s Goizueta Business School, rising five places to #21 and Mendoza College of Business (Notre Dame) gaining 11 places to rank 25th.\u00a0<br \/><br \/><\/li>\r\n<li>Outside the Top 25, Washington University\u2019s Olin Business School in St. Louis rose seven spots to #29 and the University of South Carolina\u2019s Moore School of Business rose eight positions to place #47.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>While\u00a0<em>U.S. News\u00a0<\/em>had dropped\u00a0<a href=\"https:\/\/blog.accepted.com\/should-you-take-the-gre-or-gmat-for-test-optional-mba-programs\/\">standardized test scores<\/a>\u00a0from its online MBA ranking earlier this year, it kept the average class GMAT and GRE scores in its formula for the full-time program rankings.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>The rankings were based on a survey of all 493 institutions with master\u2019s-level business programs in the U.S. accredited by AACSB International. A total of 363 survey recipients responded; the final rankings are based on 134 business schools that provided enough data on their\u00a0<a href=\"https:\/\/blog.accepted.com\/resources\/mba-admissions\/mba-essay-tip-posts\/\">full-time MBA programs<\/a>\u00a0and had large enough 2021 graduating classes seeking employment for valid comparisons. The rankings also include some programs conferring degrees such as Master of Science in Management and Master of Science in Industrial Administration.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><em>U.S. News<\/em>\u00a02023 Top 10 Full-Time MBA Programs<\/h2>\r\n\r\n\r\n\r\n<figure class=\"wp-block-table\">\r\n<table>\r\n<thead>\r\n<tr>\r\n<th><strong>Rank 2023<\/strong><\/th>\r\n<th><strong>Rank 2022<\/strong><\/th>\r\n<th><strong>School<\/strong><\/th>\r\n<th><strong>Location<\/strong><\/th>\r\n<\/tr>\r\n<\/thead>\r\n<tbody>\r\n<tr>\r\n<td>1<\/td>\r\n<td>3<\/td>\r\n<td>University of Chicago (Booth)<\/td>\r\n<td>Chicago, IL<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>1<\/td>\r\n<td>2<\/td>\r\n<td>University of Pennsylvania (Wharton)<\/td>\r\n<td>Philadelphia, PA<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>3<\/td>\r\n<td>4<\/td>\r\n<td>Northwestern University (Kellogg)<\/td>\r\n<td>Evanston, IL<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>3<\/td>\r\n<td>1<\/td>\r\n<td>Stanford University<\/td>\r\n<td>Stanford, CA<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>5<\/td>\r\n<td>5<\/td>\r\n<td>Harvard University<\/td>\r\n<td>Allston, MA<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>5<\/td>\r\n<td>5<\/td>\r\n<td>Massachusetts Institute of Technology (Sloan)<\/td>\r\n<td>Cambridge, MA<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>7<\/td>\r\n<td>9<\/td>\r\n<td>Yale University<\/td>\r\n<td>New Haven, CT<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>8<\/td>\r\n<td>7<\/td>\r\n<td>Columbia University<\/td>\r\n<td>New York, NY<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>8<\/td>\r\n<td>7<\/td>\r\n<td>University of California, Berkeley (Haas)<\/td>\r\n<td>Berkeley, CA<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>10<\/td>\r\n<td>13<\/td>\r\n<td>University of Michigan, Ann Arbor (Ross)<\/td>\r\n<td>Ann Arbor, MI<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/figure>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><em>U.S. News<\/em>\u00a02023 Top 10 Part-Time MBA Programs<\/h2>\r\n\r\n\r\n\r\n<figure class=\"wp-block-table\">\r\n<table>\r\n<thead>\r\n<tr>\r\n<th><strong>Rank 2023<\/strong><\/th>\r\n<th><strong>Rank 2022<\/strong><\/th>\r\n<th><strong>School<\/strong><\/th>\r\n<th><strong>Location<\/strong><\/th>\r\n<\/tr>\r\n<\/thead>\r\n<tbody>\r\n<tr>\r\n<td>1<\/td>\r\n<td>1<\/td>\r\n<td>University of Chicago (Booth)<\/td>\r\n<td>Chicago, IL<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>2<\/td>\r\n<td>2<\/td>\r\n<td>University of California, Berkeley (Haas)<\/td>\r\n<td>Berkeley, CA<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>3<\/td>\r\n<td>3<\/td>\r\n<td>Northwestern University (Kellogg)<\/td>\r\n<td>Evanston, IL<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>4<\/td>\r\n<td>4<\/td>\r\n<td>New York University (Stern)<\/td>\r\n<td>New York, NY<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>5<\/td>\r\n<td>5<\/td>\r\n<td>University of California, Los Angeles (Anderson)<\/td>\r\n<td>Los Angeles, CA<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>6<\/td>\r\n<td>6<\/td>\r\n<td>Carnegie Mellon University (Tepper)<\/td>\r\n<td>Pittsburgh, PA<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>7<\/td>\r\n<td>7<\/td>\r\n<td>University of Michigan, Ann Arbor (Ross)<\/td>\r\n<td>Ann Arbor, MI<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>8<\/td>\r\n<td>7<\/td>\r\n<td>University of Texas, Austin (McCombs)<\/td>\r\n<td>Austin, TX<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>9<\/td>\r\n<td>9<\/td>\r\n<td>University of Southern California (Marshall)<\/td>\r\n<td>Los Angeles, CA<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>10<\/td>\r\n<td>14<\/td>\r\n<td>University of Washington (Foster)<\/td>\r\n<td>Seattle, WA<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/figure>\r\n\r\n\r\n\r\n<p><strong>Hoping to start business school in 2023 at one of these top-ranked programs? Check out our\u00a0<a title=\"MBA Admissions Consulting &amp; Editing Services\" href=\"https:\/\/www.accepted.com\/mba\/services\">MBA Admissions Consulting &amp; Editing Services<\/a>\u00a0and work one-on-one with an expert consultant to create an application that will get you ACCEPTED!<\/strong><\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.accepted.com\/mba\/guide\/best-mba-programs\"><img decoding=\"async\" src=\"https:\/\/cdn2.hubspot.net\/hubfs\/58291\/hub_generated\/resized\/f0ffa7ad-708d-4364-82fa-b10971c430de.jpeg\" alt=\"Best MBA Programs: A Guide to Selecting the Right One - Download your copy today!\" \/><\/a><\/figure>\r\n\r\n\r\n\r\n<p>By Judy Gruen, former Accepted admissions consultant. Judy holds a Master\u2019s in Journalism from Northwestern University. She\u00a0is the co-author of Accepted\u2019s first full-length book,<em>\u00a0MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools<\/em>.\u00a0<strong><a href=\"https:\/\/www.accepted.com\/services\" target=\"_blank\" rel=\"noreferrer noopener\">Want an admissions expert help you get accepted? Click here to get in touch!<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n<p><strong>Related Resources:<\/strong><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><a href=\"https:\/\/blog.accepted.com\/do-mba-rankings-matter\/\">Do MBA Rankings Matter?<\/a><\/li>\r\n<li><a href=\"https:\/\/blog.accepted.com\/when-is-the-mba-worth-the-time-and-money-episode-346\/\">Is an MBA Worth It, or Is the Sky Falling Down on the MBA Degree?<\/a><\/li>\r\n<li><a href=\"https:\/\/blog.accepted.com\/financial-times-international-mba-rankings\/\">Financial Times Ranks Wharton as #1<\/a><\/li>\r\n<li><a href=\"https:\/\/blog.accepted.com\/m7-mba-programs-everything-you-need-to-know\/\">M7 MBA Programs: Everything You Need to Know<\/a><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p><a title=\"This article originally appeared on blog.accepted.com\" href=\"https:\/\/blog.accepted.com\/u-s-news-mba-rankings-2023-full-time-part-time\/\">This article originally appeared on blog.accepted.com<\/a><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Chicago Booth and Wharton (University of Pennsylvania) share the #1 spotlight in\u00a0U.S. News\u2019\u00a0Best Business Schools\u00a0of 2023 rankings,\u00a0released March 29. The metrics for the rankings are based on career placement success,&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,939,775,113,243],"tags":[1737,988,824,1733,27,1338,1172],"class_list":["post-54538","post","type-post","status-publish","format-standard","hentry","category-mba","category-accepted","category-admission-consultants","category-applications","category-blog","tag-best-mba-programs","tag-full-time-mba-rankings","tag-mba-rankings","tag-part-time-mba-programs","tag-rankings","tag-top-mba-programs","tag-us-news-rankings","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/54538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=54538"}],"version-history":[{"count":3,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/54538\/revisions"}],"predecessor-version":[{"id":59499,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/54538\/revisions\/59499"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=54538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=54538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=54538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}