The US News Top Business Schools report for 2023 has just been released, with some interesting changes in this year’s rankings.
Wharton has regained the #1 spot (which it held in the 2021 rankings but lost in 2022), sharing this top honor with Chicago Booth. This is a jump from 3rd place for Chicago Booth. Wharton reported an acceptance rate of 18.2%, with an average GMAT score of 733. Chicago Booth’s average GMAT score was 732 while its acceptance rate was 22.6%.
Stanford GSB fell in this year’s US News Best Business Schools rankings to #3 (it held the #1 spot for the previous two years), tying with Northwestern Kellogg. This was a jump for Kellogg, which had fallen from 3rd to 4th in the 2022 US News Rankings. Despite the drop to #3, Stanford GSB, with a much smaller student body, reported the highest average GMAT score of the top 10, at 738, while accepting only 6.2% of its applicants. Kellogg’s average GMAT score was 727 and the school reported a 26% acceptance rate.
Find out more about the top 20 schools, as well as our advice on how to use MBA rankings, here.About Personal MBA Coach:Founded by a Wharton MBA and MIT Sloan graduate who sits on the Association of International Graduate Admissions Consultants Board of Directors,
Personal MBA Coach has been guiding clients for 15 years and is consistently ranked #1 or #2 by leading sources including Poets&Quants.
We help clients with all aspects of the MBA application process including early planning, GMAT/GRE/EA tutoring, application strategy, school selection, essay editing, and mock interviews. Our team includes former M7 admissions directors and former M7 admissions interviewers.
Last cycle, our clients earned more than $6.5M in scholarships!