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MBA Rankings – 2014

Top Business Schools graphic 01MBA Rankings 2014

For our fifth annual survey of the World’s Best Business Schools, we asked thousands of professionals from around the world who have experience hiring MBAs to determine the best business school. They came back with a clear favorite: Harvard University.

Survey participants rated the reputation of the graduates from top business schools around the world on a scale of poor to excellent (1 to 5), with excellent ratings used as a tiebreaker. We included responses only from professionals who said they had experience hiring MBAs at least half the time, as well as other filters to optimize our survey pool.

In addition to the usual top American schools, international institutions like the London School of Economics (#8), London Business School (#9), Oxford (#13), and INSEAD (#15) placed in the top 15.

Is an MBA that costs two years of your life and $150,000 really worth it?

With increasing global competition and a tough job market, business school may hold the key to getting ahead — if you go to the right one.

Top Business Schools graphic 01

 

This year, nearly 10,000 readers voted and ranked Harvard the world’s best business school.

Survey participants rated the reputation of the graduates from top business schools around the world on a scale of poor to excellent (1 to 5), with the percentage of excellent ratings used as a tiebreaker.

We included responses only from professionals who said they had experience hiring MBAs at least half the time. We also filtered the data to obtain better geographical balance.

Nearly 60% of respondents said they had an MBA or comparable business degree. Respondents work in a variety of fields, including finance (39%), tech (20%), consulting (13%), media and marketing (8%), and more. See the full breakdown below:

Best Business Schools 2014 results

Survey Monkey/Business Insider

In response to the question, “In your opinion, how important is it to have an MBA in your industry?” 20% of respondents said that an MBA was “extremely important,” 31% responded that it was “very important,” and 32% said that it was “moderately important.” Only 5% of respondents said that an MBA was “not important at all.”

When we added the filter of including only responses from people with MBAs, the results were similar, but these respondents seem to stress the value of an MBA even more, with 24% saying that an MBA was “extremely important,” 38% saying that it was “very important,” and 30% saying that it was moderately important.

Forty-two percent of respondents said a network of contacts was the most valuable asset business school provides, while 36% of respondents said that “skills and knowledge” was the biggest benefit of an MBA. This chart shows how respondents answered this question:

Best business schools 2014 results

Survey Monkey/Business Insider

 

When we filtered the data to include only responses from people with MBAs, the answers to this question changed, with 43% saying that “skills and knowledge” was the biggest benefit of having an MBA and 37% responding to that question with “network of contacts.” Here are the results of the same question, with the filter of MBA applied:

Best business schools results 2014

Survey Monkey/Business Insider

 

 

 

 

 

 

 

Discussion

One thought on “MBA Rankings – 2014

  1. The World’s 50 Best Business Schools 2014

    The most valuable asset that a business school provides:

    1) Skills and Knowledge
    2) Network and Contacts
    3) Brand value of the school

    The Top 50:

    #1 Harvard University (Harvard Business School)
    #2 Stanford University (Stanford Graduate School of Business)
    #3 University of Pennsylvania (The Wharton School)
    #4 Massachusetts Institute of Technology (Sloan School of Management)
    #5 University of Chicago (Booth School of Business)
    #6 Columbia University (Columbia Business School)
    #7 Northwestern University (Kellogg School of Management)
    #8 London School of Economics and Political Science
    #9 London Business School
    #10 Dartmouth College (Tuck School of Business)
    #11 Yale University (School Of Management)
    #12 University of California, Berkeley (Haas School of Business)
    #13 Oxford University (Saïd Business School)
    #14 Duke University (Fuqua School of Business)
    #15 Institut Européen d’Administration des Affaires (INSEAD)
    #16 New York University (Stern School of Business)
    #17 Cornell University (Johnson Graduate School of Management)
    #18 University of Michigan (Stephen M. Ross School of Business)
    #19 Cambridge University (Judge Business School)
    #20 University of California, Los Angeles (Anderson School of Management)
    #21 University of Virginia (Darden School of Business)
    #22 Carnegie Mellon University (Tepper School of Business)
    #23 HEC Paris (École des Hautes Études Commerciales)
    #24 University of Texas at Austin (McCombs School of Business)
    #25 University of North Carolina at Chapel Hill (Kenan-Flagler Business School)
    #26 Georgetown University (McDonough School of Business)
    #27 University of Notre Dame (Mendoza College of Business)
    #28 University of Southern California (USC Marshall School of Business)
    #29 Emory University (Goizueta Business School)
    #30 Escuela Superior de Administración y Dirección de Empresas (ESADE Business School)
    #31 Vanderbilt University (Owen Graduate School of Business)
    #32 Instituto de Empresa (IE Business School)
    #33 International Institute for Management Development
    #34 Washington University — St. Louis (John M. Olin School of Business)
    #35 University of Toronto (Rotman School of Management)
    #36 University of Navarra (IESE Business School)
    #37 University of Illinois at Urbana-Champaign
    #38 The Hong Kong University of Science & Technology (HKUST Business School)
    #39 Indiana University (Kelley School of Business)
    #40 Purdue University (Krannert School of Management)
    #41 The University of Warwick (Warwick Business School)
    #42 University of Manchester (Manchester Business School)
    #43 University of Washington (Foster School of Business)
    #44 Indian Institute of Management, Ahmedabad
    #45 Michigan State University (Eli Broad College of Business)
    #46 Boston University (School of Management)
    #47 Indian School of Business
    School)
    #49 Thunderbird School of Global Management
    #50 George Washington University (School of Business)

    Posted by philworldwide | 04/10/2014, 2:12 pm

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