Earlier today, U.S. News & World Report released its 2008 ranking of the top full-time U.S. MBA programs. Because this particular ranking relies heavily on statistics like GMAT averages, GPAs, starting salaries and peer assessments, there’s generally less variation year-to-year than in rankings based on student and recruiter opinion (the dominant metrics in several other prominent rankings). There are, however, a few interesting changes to note when comparing the list to last year’s ranking.
First, let’s take a look at this year’s top-ranking schools:
1. Harvard University
2. Stanford University
3. University of Pennsylvania (Wharton)
4. Massachusetts Institute of Technology (Sloan)
5. Northwestern University (Kellogg)
5. University of Chicago
7. Dartmouth College (Tuck)
8. University of California–Berkeley (Haas)
9. Columbia University
10. New York University (Stern)
11. University of Michigan–Ann Arbor (Ross)
12. Duke University (Fuqua)
12. University of Virginia (Darden)
14. Cornell University (Johnson)
14. Yale University
16. University of California–Los Angeles (Anderson)
17. Carnegie Mellon University (Tepper)
18. University of North Carolina–Chapel Hill (Kenan-Flagler)
18. University of Texas–Austin (McCombs)
20. Emory University (Goizueta)
The top nine remains virtually unchanged as compared to last year. The most noteworthy is that Tuck leap-frogged over both Haas and Columbia to land in the #7 spot, but it’s also interesting that Kellogg is tied with regional rival Chicago for the #5 spot (last year it had tied MIT for 4th). As is often the case, there was more movement among schools 10-20. UCLA / Anderson was the biggest mover, dropping from 10 to 16, with Stern rising three spaces to take its place. Ross, which shared the #11 spot with Duke last year, now holds that space alone while Fuqua ties Darden for #12.
While it can be interesting and fun to track these slight changes – especially for those associated with the schools in question – the facts that there is so little change from year to year and that these same programs are included so consistently in the top 20 speaks to the consistent quality of these programs. It also underscores the importance of deeper research to really understand a school and its offerings to put these rankings in perspective and identify the school that’s the best personal and professional fit.
