MBA Rankings: All 2023 Rankings

Welcome to the MBA rankings thread. Below you will find links of the various ranking lists. e.g. Full time, part time, international, etc. Click on the respective link to see that ranking.

Top US Business Schools: 2023 Combined Rankings

Click here to see more detailed insights & analysis of the latest US News rankings.

Update Mar 31, 2022: Table updated with US News 2023 MBA Rankings

US Business School Rankings 2023
School	US News Rankings		Other Rankings
	2023 Rank	5 Yr US News Rank Average	BW'21	Forbes'19	Economist'21	FT'22
Wharton	1	2	9	5	-	1
Booth	1	2	4	1	-	7
Stanford	3	2	1	2	-	6
Kellogg	3	4	5	3	-	5
Harvard	5	4	3	4	-	3
MIT Sloan	5	5	8	7	-	11
Yale	7	9	12	11	-	9
Columbia	8	8	6	7	-	2
Haas	8	7	7	11	-	14
Ross	10	10	13	10	3	24
Tuck	11	11	2	6	-	18
NYU Stern	12	11	11	20	4	14
Fuqua	12	11	15	14	-	19
Darden	14	13	9	13	-	20
Johnson	15	15	20	9	-	17
Tepper	16	17	19	17	9	23
Anderson	17	17	16	16	-	26
McCombs	18	18	21	18	-	46
Marshall	19	18	14	21	-	25
Kenan-Flagler	19	19	33	15	16	38
Goizueta	21	22	18	22	-	45
McDonough	22	23	17	31	27	27
Foster	22	21	30	23	5	30
Kelley	22	23	26	19	13	56
Owen	25	25	24	30	18	41
Mendoza	25	30	34	25	24	54
Jones	27	25	22	26	-	47
Scheller	28	28	29	28	5	55
Warrington (Florida)	29	28	27	-	12	-
WP Carey	29	31	55	38	23	75
Naveen Jindal	29	34	32	46	-	81
Olin	29	29	-	29	-	29
Carlson	33	31	42	32	11	82
Smeal	33	34	46	34	28	60
Simon	33	37	25	42	25	48
Marriott	36	33	39	24	32	82
Broad	36	38	43	27	31	-
Terry	38	37	50	48	14	80
Fisher	39	34	49	41	29	37
Eccles (Utah)	40	42	67	-	-	-
Mays	41	40	35	33	-	96
Carroll	41	45	63	-	-	76
SMU Cox	41	43	31	45	-	-
Merage	44	49	54	43	40	49
Smith	45	44	28	47	35	85
Rutgers	45	45	37	-	-	69
Madison	47	40	38	35	19	-
Moore (South Carolina)	47	47	-	-	-	-
Questrom	47	47	40	39	48	-
Eller (Arizona)	47	47	-	-	72	-

Top 50 US News MBA Rankings over 15 Years (2008 - 2023)

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Update May 3, 2021: Table updated new int'l rankings

Top European Business Schools
School name	Country	Financial Times 2021 (Global Rank)	Economist 2021 (Global Rank)	BusinessWeek 2020 (Europe Rank)
Insead	France / Singapore	1		2
London Business School	UK	2		3
IESE	Spain	4	1	6
HEC Paris	France	7	2	4
SDA Bocconi	Italy	12	3	5
Cambridge: Judge	UK	16		7
Oxford: Saïd	UK	17
IMD	Switzerland	19	10	1
ESADE	Spain	20	20	11
Manchester	UK	30		18
Warwick	UK	32	17
IE	Spain	39	39	9
Imperial College	UK	44		13
WHU – Otto Beisheim	Germany	54	63
Mannheim	Germany	58	26	10
Bayes (former name :"Cass")	UK	61
Rotterdam (Erasmus)	Netherlands	63
University of St Gallen	Switzerland	64	53
Durham University	UK	74	37
EDHEC	France	76	7

Top Canadian Business Schools
School name	Country	Financial Times 2021 (Global Rank)	Economist 2021 (Global Rank)	BusinessWeek 2020 (Canada Rank)
Rotman	Canada	75		3
Desautels (McGill)	Canada	91		7
Ivey (Western)	Canada	97	56
Queen's	Canada	100	57
Schulich (York)	Canada		21
John Molson (Concordia)	Canada		68	4
Ryerson (Ted Rogers)	Canada		83	5
HEC Montreal	Canada		84	6
Alberta	Canada			8

Top Asian Business Schools
School name	Country	Financial Times 2021 (Global Rank)	Economist 2021 (Global Rank)	BusinessWeek 2020 (Asia Rank)
Ceibs	China	7		1
NUS Singapore	Singapore	14	43
HKUST	Hong Kong	22		2
ISB	India	23	44
HKU MBA	Hong Kong	29	50
Fudan SOM	China	32
IIM Bangalore	India	35
Sungkyunkwan	South Korea	35
NTU Nanyang	Singapore	37	38
IIM Calcutta	India	44
CUHK	Hong Kong	48
IIM Ahmedabad	India	48	51
Antai College	China	53
SMU Singapore	Singapore	58
SUFE Shanghai	China	64

Top Australian Business Schools
School name	Country	Financial Times 2021 (Global Rank)	Economist 2021 (Global Rank)	BusinessWeek 2020
AGSM (UNSW)	Australia	79
Melbourne MBS	Australia	87	34
Macquarie	Australia		41
Queensland	Australia		47

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Top US Programs as per MBA Specialization - US News 2019

School

Finance

General Management

Marketing

Entrepreneurship

Production/Operations

Accounting

Nonprofit

Information Systems

Supply Chain / Logistics

Intl Students

Male

Female

Wharton

1

5

2

6

4

2

Not Ranked

6

12

Chicago Booth

2

14

8

19

Not Ranked

7

Not Ranked

Not Ranked

Not Ranked

NYU Stern

3

13

10

18

Not Ranked

9

Not Ranked

7

Not Ranked

Columbia

4

10

7

Not Ranked

13

16

9

Not Ranked

Not Ranked

Stanford GSB

5

2

6

2

5

6

2

7

8

MIT Sloan

6

16

Not Ranked

3

1

27

Not Ranked

1

2

Harvard

7

1

4

4

9

21

2

Not Ranked

21

Berkeley Haas

8

7

9

5

17

19

4

Not Ranked

19

UCLA Anderson

9

24

14

Not Ranked

16

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Michigan Ross

10

3

5

7

3

4

5

13

6

Kellogg

11

4

1

17

8

18

6

Not Ranked

12

Fairfield University (Dolan)

12

Not Ranked

15

Not Ranked

Not Ranked

21

Not Ranked

15

Not Ranked

Duke Fuqua

13

9

3

22

17

32

6

Not Ranked

Not Ranked

McCombs

13

15

17

9

12

1

Not Ranked

4

18

CMU Tepper

15

Not Ranked

Not Ranked

Not Ranked

2

Not Ranked

Not Ranked

2

9

Creighton University

15

Not Ranked

Not Ranked

Not Ranked

Not Ranked

25

Not Ranked

Not Ranked

Not Ranked

Haub (St. Joseph’s University)

15

Not Ranked

13

Not Ranked

Not Ranked

Not Ranked

Not Ranked

20

Not Ranked

Xavier University (Williams)

15

22

19

19

Not Ranked

23

Not Ranked

Not Ranked

21

Fordham GSB

19

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

8

Not Ranked

Not Ranked

Simon (Rochester)

19

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

University of San Francisco

19

17

20

14

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Yale SOM

22

11

Not Ranked

Not Ranked

Not Ranked

35

1

Not Ranked

Not Ranked

Boston College (Carroll)

23

Not Ranked

Not Ranked

Not Ranked

Not Ranked

35

Not Ranked

Not Ranked

Not Ranked

Santa Clara (Leavey)

23

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

10

Not Ranked

University of Scranton

23

Not Ranked

Not Ranked

Not Ranked

15

28

Not Ranked

20

Not Ranked

UVA Darden

Not Ranked

6

Not Ranked

15

Not Ranked

32

Not Ranked

Not Ranked

Not Ranked

Tuck

Not Ranked

8

18

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Rockhurst University (Helzberg)

Not Ranked

12

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Arizona State (Carey)

Not Ranked

17

Not Ranked

Not Ranked

Not Ranked

35

Not Ranked

18

3

Kelley (Indiana)

Not Ranked

17

11

9

17

10

Not Ranked

10

Not Ranked

Cornell Johnson

Not Ranked

20

24

22

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

UNC Kenan Flagler

Not Ranked

20

15

Not Ranked

Not Ranked

11

Not Ranked

Not Ranked

Not Ranked

Loyola Marymount University

Not Ranked

24

12

11

Not Ranked

16

Not Ranked

Not Ranked

Not Ranked

University of Florida (Warrington)

Not Ranked

Not Ranked

20

Not Ranked

Not Ranked

23

Not Ranked

Not Ranked

Not Ranked

USC Marshall

23

Not Ranked

20

8

Not Ranked

7

Not Ranked

Not Ranked

Not Ranked

UW Foster

Not Ranked

Not Ranked

23

19

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Babson College

Not Ranked

Not Ranked

Not Ranked

1

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Saint Louis University (Chaifetz)

Not Ranked

Not Ranked

Not Ranked

12

Not Ranked

28

Not Ranked

Not Ranked

15

Rice Jones

Not Ranked

Not Ranked

Not Ranked

13

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Loyola University New Orleans (Butt)

Not Ranked

Not Ranked

24

16

Not Ranked

Not Ranked

Not Ranked

Not Ranked

15

Krannert (Purdue)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

6

Not Ranked

Not Ranked

Not Ranked

11

Georgia Tech (Scheller)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

7

Not Ranked

Not Ranked

12

17

Michigan State (Broad)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

10

Not Ranked

Not Ranked

Not Ranked

1

Fisher (Ohio State)

27

Not Ranked

Not Ranked

Not Ranked

10

13

Not Ranked

Not Ranked

4

Smeal (Penn State)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

14

Not Ranked

Not Ranked

Not Ranked

5

Illinois (Urbana-Champaign)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

3

Not Ranked

Not Ranked

Not Ranked

Marriott (Brigham Young)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

4

Not Ranked

Not Ranked

Not Ranked

Notre Dame (Mendoza)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

12

9

Not Ranked

Not Ranked

Gonzaga University

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

13

Not Ranked

Not Ranked

Not Ranked

Seattle University (Albers)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

15

Not Ranked

Not Ranked

Not Ranked

Marquette University

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

19

Not Ranked

Not Ranked

Not Ranked

Carlson (Minnesota)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

3

21

University of Arizona (Eller)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

5

Not Ranked

Smith (Maryland)

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

9

24

Rutgers

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

Not Ranked

6

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12 MBA Programs with a High ROI. (Source: Business Because)

• 1. Tuck
  Avg salary 3 years after graduation: $166,722; Salary percentage increase before and after graduation: 105%
  
• 2. Kellogg
  Avg salary 3 years after graduation: $165,038; Salary percentage increase before and after graduation: 96%
  
• 3. CEIBS China
  Avg salary 3 years after graduation: $156,023; Salary percentage increase before and after graduation: 155%
  
• 4. IE, Spain
  Avg salary 3 years after graduation: $168,920; Salary percentage increase before and after graduation: 108%
  
• 5. IIM Ahmedabad, India
  Avg salary 3 years after graduation: $182,736; Salary percentage increase before and after graduation: 105%
  
• 6. LBS
  Avg salary 3 years after graduation: $155,183; Salary percentage increase before and after graduation: 92%
  
• 7. Chicago Booth
  Avg salary 3 years after graduation: $171,094; Salary percentage increase before and after graduation: 110%
  
• 8. Wharton
  Avg salary 3 years after graduation: $180,512; Salary percentage increase before and after graduation: 92%
  
• 9. Columbia
  Avg salary 3 years after graduation: $172,678; Salary percentage increase before and after graduation: 103%
  
• 10. Stanford
  Avg salary 3 years after graduation: $193,534; Salary percentage increase before and after graduation: 93%
  
• 11. Harvard
  Avg salary 3 years after graduation: $177,541; Salary percentage increase before and after graduation: 97%
  
• 12. INSEAD
  Avg salary 3 years after graduation: $167,305; Salary percentage increase before and after graduation: 95%

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Interesting comments on MBA rankings by users.

• The more I see different ranking lists with wild fluctuations in some schools' positioning, the more I realize that you cannot live and die by a school rank. Just as the school needs to look at more than just your GMAT score when deciding whether or not to consider taking you in, you as an applicant have got to look at the total package and not just the position on a list. - RiaLucia
  
  
  
• The reason you get an MBA is to get a job in the mid/upper management and it is impossible for a school to teach you specifics of what you will need - they can only challenge your comfort zone, develop your leadership abilities, emphasize team work, and demonstrate that you are good at prioritizing and time management. Specialization rankings are a farce by en large and you will see that many of them make zero sense. Do your own research but I would guess any top 20 or top 50 MBA will satisfy your needs. Keep in mind that applications are very competitive and so are jobs in some of the fancier industries such as Consulting, PE, VC, etc. - bb
  
  
  
• All these rankings are pretty debatable. I would put this way:
  1 - Harvard - no question about it, will open doors anywhere in the world.
  2 - Stanford - (I personally would attend Stanford rather than Harvard).
  3 - Wharton - Most of the class was dinged by H/S.
  4,5,6 - MIT / Kellogg / Chicago - not in any particular order, depends much on your future career goals.
  7 - Columbia - the "M7".
  8 - Tuck
  9 - Berkeley
  10 - [Choose one] - MBAUncle
  
  
  
• (I would love to know how INSEAD, LBS and IMD stand for in comparison with H/S and M7 or M9. What are your thoughts?) I've been thinking about it recently. My thoughts:
  Harvard / Stanford
  Wharton / LBS / CBS / MIT / Booth / Kellogg
  Haas / Tuck / Fuqua / INSEAD / Ross / Stern
  Yale / IESE / Judge / Said / IMD / Anderson / Darden / Johnson / HEC Paris / IE ...
  
  
  
• It's from unemployed MBA graduate. I may sound bitter but potential students must beware of the ranking system.my MBA school always ranked high in ASEAN region under FT and stated 98% employed within 3 month of graduation. Yes our formal (convocation) is in august, but our courses completion is on december every year. That's 11 months unemployment!! i prefer the economist survey method than FT. FT just took the data the schools provided from school website (or what I was told so) but economist really sent their surveys to the students and alumni. My school decided not to publish the economist rank since 201x because the students and our alumni put a very low ranking during their recent survey. I suggest choose schools that rank consistently across the economist and FT. whichever schools that are high in FT, and low or disappear in the economist are suspects. My careers service focuses on "helping" the employers by profiling the students resume, meaning that you can "dream" on careers switch, but they will only "promote" certain individuals they like to the employers. This is as value add services to the employer (not for the students). Student fees are only to pay for their career "tuition" fee, not to help students to find jobs (really new jargon to me). Still unemployed for 4 months and was told by the career services that they will help to find out why I am so "unsuccessful". cheers (MBA graduate from the best business school in ASEAN). - unemployedmba123
  
  
  
• It's funny, though, to see how all of us tend to make a serf-serving argument about the "Top X" of our desired school. I saw a very funny - and spot-on - definition on Business Week forum:
  "The label M7 is a far less official term than "ivy league".
  The ivy league itself is an athletic conference in which members set high standards for student athletes. People have come to associate it with academics.
  The forum legend is that "M7" was coined by a Columbia dean who referred to a meeting of top business schools. It is a challenge to find any business school that uses that term in their admissions materials or websites (contrast this with the use of the 'ivy league' name).
  To be blunt, people use these terms to associate their schools with better ranked schools. How often do you hear HBS bragging about being in the M7? Or Yale reminding people it's in the Ivy League?
  
  Here's a quick guide:
  If someone describes their school as the top ranked school, they go to HBS or Stanford
  If someone says they go to a "Top 3" school, they go to Wharton
  If someone says they go to a "Top 5" school, its either Chicago, Kellogg, or MIT Sloan
  If someone says they're in the "M7", they go to Columbia
  If someone says "Top 10", they mean Tuck, Ross, Haas, or <insert whatever school you insist belongs in the top ten, thus proving my point".
  
  My opinion? It doesn't really matter. As long as it is a "brand-name" - and the list is known (it's the "Top 10 Plus" (about 15-16, actually) - you can get anywhere you want. It's all up to you, your ambition and ability to (net)work hard. - AgeDoesntMatter

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I believe that US news rankings are the best but this is sad that they don't provide overall ranking..

I also think that US news rankings are the best.... Although they don't publish World Rankings but still good enough for US schools. Also is anybody aware of course concentration based rankings? Have not been able to find something good...

The more I see different ranking lists with wild fluctuations in some schools' positioning, the more I realize that you cannot live and die by a school rank. Just as the school needs to look at more than just your GMAT score when deciding whether or not to consider taking you in, you as an applicant have got to look at the total package and not just the position on a list. I mean, how can a school be in the top 3 on one list and not even crack the top 20 on another? And some of these lists are US-centric besides, which doesn't help much if you're looking at UK/European schools as well. That said, this post is definitely helpful. Thanks for posting!

Google excel is great !! Now we don't have to create tables
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Thanks for posting this exhaustive information about the top B-shools.... One thing that is not clear from this list is what this Fin Aid figures mean? Can you please explain this part a bit?

this economist rankings look weird

Yeah I think most people hold the Economist and FT rankings in pretty low regard.

Frankly anyone who doesn't think the rankings go H/S/W every year is pretty suspect. The yield and starting salaries tell the tale of which schools students and employers value the most.
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I am a little new to this forum.
Could you please tell me what R's stand for? I mean R1, R2 etc.

Welcome to GMAT club! that's application deadlines, such as around one, around two, etc.
just in case you encounter any other terms, see this link: official-list-of-gmat-club-acronyms-and-abbreviations-14126.html
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All these rankings are pretty debatable. I would put this way:

1 - Harvard - no question about it, will open doors anywhere in the world.
2 - Stanford - (I personally would attend Stanford rather than Harvard).
3 - Wharton - Most of the class was dinged by H/S.
4,5,6 - MIT / Kellogg / Chicago - not in any particular order, depends much on your future career goals.
7 - Columbia - the "M7".
8 - Tuck
9 - Berkeley
10 - [Choose one]

I tend to share this view, with the exception that I would probably give H/S at a tie at #1 and Tuck/Haas a tie at #8. Most people will go to Harvard over Stanford, and Tuck over Haas, but these schools each have their own unique strengths. In today's environment, I'd probably put Michigan at #10, largely due to the very well-rounded career placement of Ross graduates.

Can't wait till I can find out how many places my school fell below Southern Methodist University.

My prediction is that YSOM will fall further in the ranking and schools like U of Phoenix and DeVry will be above YSOM....

Yeah, it is kind of absurd. Thankfully, employers don't spend as much time looking at these things as we, their future employees, do.

This is what makes little sense to me. According to Businessweek, SMU was the WORST bschool for recession placement. So why on earth would that school have a large increase in rankings and how on earth would that lead to large student satisfaction? Doesn't matter how great my professors are; if I don't get a job, I will be angry as hell. Seems like businessweek's rankings are absolutely nonsensical. So ignore them altogether.