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2020 Best Business Schools

If you’re interested in pursuing your MBA at a top business school, then you’re in luck.

The lovely people at the US News and World report recently released their Best Grad and Business School rankings for 2020.

“But, we’re barely eight months into 2019,” you say. “How do they already have the 2020 rankings?”

Best Graduate Schools - US News
Well, the US News and World Report uses the same methodology each year to survey all 475 master’s in business programs accredited by the Association to Advance Collegiate Schools of Business International. Of the 367 respondents this year, 131 supplied enough information to be ranked. All rankings were calculated in 2019.

This report’s rankings take into account such criteria as program assessments by peers and recruiters, graduate employment rates and placement successes, mean starting salaries for graduates, student selectivity, the mean GRE and GMAT scores of accepted applicants, and the program’s acceptance rate.

If you’re an all-around exceptional applicant (we’re talking top GMAT scores, excellent academic and work achievements, and clear goals for how you plan to use your MBA), then this list is definitely for you.

So, without any further ado, here are the best business schools of 2020.

US News & World Report’s 2020 Top Business Schools:

Top 10 MBA Programs:

No surprises here. In fact, the top ten list is very similar to previous years’, albeit with fewer ties in the 1- and 2-spots. University of Pennsylvania (Wharton) gets bumped up to the top spot, while Stanford Harvard Business School in second place and University of Chicago (Booth), Massachusetts Institute of Technology (Sloan), and Harvard in third (read more about our take on Harvard GMAT Scores.

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1. University of Pennsylvania (Wharton)

2. Stanford University

3. Harvard University (tie)
3. Massachusetts Institute of Technology (Sloan) (tie)
3. University of Chicago (Booth) (tie)

6. Columbia University (tie)
6. University of California, Berkeley (Haas) (tie)
6. Northwestern University (Kellogg) (tie)

9. Yale University

10. Duke University (Fuqua) (tie)
10. University of Michigan, Ann Arbor (Ross) (tie)

Top 25 MBA Programs:

12. Dartmouth University (Tuck) (tie)
12. New York University (Stern) (tie)
12. University of Virginia (Darden) (tie)

15. Cornell University (Johnson)

16. University of California, Los Angeles (Anderson)

17. Carnegie Mellon University (Tepper) (tie)
17. University of Southern California (Marshall) (tie)

19. University of North Carolina – Chapel Hill (Kenan-Flagler) (tie)
19. University of Texas – Austin (McCombs) (tie)

21. Emory University (Goizueta) (tie)
21. Indiana University (Kelley) (tie)
21. University of Washington (Foster) (tie)

24. Georgetown University (McDonough)

25. University of Florida (Warrington)

The Best MBA Program for You

This year’s list includes everything from small, private universities to large, public schools. When viewing these rankings, don’t think that you absolutely have to apply to a top program, or that you must spend the money on a private university in order to get an amazing business school education. But keep in mind that, in the business world, b-school brands can carry a lot of weight.

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Finding the MBA program that’s a good fit for you is no easy feat. You are going to need to take into account the specifics of each program — things like location, cost, size, student body, reputation, and program fit. Plus, you’ll want to factor in your personal goals, and where you’d like to see yourself, career-wise, in five and ten years.

Remember that some MBA programs are intended for young professionals, with little work experience, while others are intended for mid-career professionals. Some focus on entrepreneurship more than others. Some have more hands-on job training or a better career center. Weighing the pros and cons takes time and energy, and possibly the help of an admissions expert.

When looking at this list to narrow down your b-school options, be sure to think about your personal story, your past experience, and the skills you’ll need to achieve your career goals. You can worry about your GMAT score later…

(But in the meantime, take a look at the average GMAT scores of these top programs.)

 

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