Forbes has released 10th biennial ranking of MBA programs. These rankings are divided into three categories: U.S. programs, one-year non-U.S. programs, and two-year non-U.S. programs. Forbes ranking of 2017 is based on the median returns on investment achieved by the graduates from the class of 2012.
University of Pennsylvania’s Wharton School tops top the ranking of US-based MBA programs for the first time ever. With Stanford GSB now in second, Harvard Business School came in third, Northwestern’s Kellogg School of Management and Dartmouth’s Tuck School of Business are in the top five.
| Rank | School | Location |
|---|---|---|
| 1 | Pennsylvania (Wharton) | Philadelphia, PA |
| 2 | Stanford | Palo Alto, CA |
| 3 | Harvard | Boston, MA |
| 4 | Northwestern (Kellogg) | Evanston, IL |
| 5 | Dartmouth (Tuck) | Hanover, NH |
| 6 | Columbia | New York, NY |
| 7 | Chicago (Booth) | Chicago, IL |
| 8 | MIT (Sloan) | Cambridge, MA |
| 9 | UC Berkeley (Haas) | Berkeley, CA |
| 10 | Cornell (Johnson) | Ithaca, NY |
| 11 | Virginia (Darden) | Charlottesville, VA |
| 12 | Michigan (Ross) | Ann Arbor, MI |
| 13 | Yale | New Haven, CT |
| 14 | Duke (Fuqua) | Durham, NC |
| 15 | UCLA (Anderson) | Los Angeles, CA |
| 16 | UNC (Kenan-Flagler) | Chapel Hill, NC |
| 17 | Texas-Austin (McCombs) | Austin, TX |
| 18 | Carnegie Mellon (Tepper) | Pittsburgh, PA |
| 19 | Brigham Young (Marriott) | Provo, UT |
| 20 | Texas A&M (Mays) | College Station, TX |
| 21 | NYU (Stern) | New York, NY |
| 22 | Notre Dame (Mendoza) | South Bend, IN |
| 23 | Emory (Goizueta) | Atlanta, GA |
| 24 | Wisconsin-Madison | Madison, WI |
| 25 | Indiana (Kelley) | Bloomington, IN |
| 25 | Michigan State (Broad) | East Lansing, MI |
| 27 | Minnesota (Carlson) | Minneapolis, MN |
| 28 | Purdue (Krannert) | West Lafayette, IN |
| 29 | Penn State (Smeal) | University Park, PA |
| 30 | Georgia Tech (Scheller) | Atlanta, GA |
| 30 | Washington (Foster) | Seattle, WA |
| 32 | Rice (Jones) | Houston, TX |
| 33 | USC (Marshall) | Los Angeles, CA |
| 34 | Iowa (Tippie) | Iowa City, IA |
| 35 | Georgetown (McDonough) | Washington, DC |
| 35 | Washington U-St. Louis (Olin) | St. Louis, MO |
| 37 | Rochester (Simon) | Rochester, NY |
| 38 | SMU (Cox) | Dallas, TX |
| 39 | Pittsburgh (Katz) | Pittsburgh, PA |
| 40 | Arizona State (Carey) | Tempe, AZ |
| 41 | UC Irvine (Merage) | Irvine, CA |
| 42 | Buffalo | Buffalo, NY |
| 43 | Alabama (Manderson) | Tuscaloosa, AL |
| 44 | Rollins (Crummer) | Winter Park, FL |
| 44 | Texas-Dallas (Jindal) | Dallas, TX |
| 46 | Maryland (Smith) | College Park, MD |
| 47 | Ohio State (Fisher) | Columbus, OH |
| 48 | Boston (Questrom) | Boston, MA |
| 49 | Vanderbilt (Owen) | Nashville, TN |
| 50 | Georgia (Terry) | Athens, GA |
This year, IMD in Lausanne, Switzerland takes the top spot among the one-year MBA programs. INSEAD ranks second among one-year programs.
| Rank | School | Location |
|---|---|---|
| 1 | IMD | Lausanne, Switzerland |
| 2 | Insead | Fontainebleau, France |
| 3 | IE Business School | Madrid, Spain |
| 4 | Cambridge (Judge) | Cambridge, United Kingdom |
| 5 | SDA Bocconi | Milan, Italy |
| 6 | Oxford (Said) | Oxford, United Kingdom |
| 7 | Hong Kong | Hong Kong, Hong Kong |
| 8 | Mannheim | Mannheim, Germany |
| 9 | Erasmus (Rotterdam) | Rotterdam, Netherlands |
| 10 | Cranfield | Cranfield, United Kingdom |
| 11 | Lancaster | Lancaster, United Kingdom |
| 12 | City U (Cass) | London, United Kingdom |
| 13 | Imperial | London, United Kingdom |
| 14 | Warwick | Coventry, United Kingdom |
| 15 | Hult | London, United Kingdom |
| 16 | S P Jain | Sydney, Australia |
| 17 | HEC Montreal | Montreal, QC, Canada |