Ranking business schools has become an industry in itself. Each ranking evaluates a different set of criteria, surveys different audiences, and measures various aspects of a program. Each tries to provide information that will help prospective students and other business people understand more about a school.
While we recognize the importance of business school rankings and welcome the constructive feedback they can provide, the Tuck School's strategy remains consistent with our values and objectives. We will continue to focus on making the Tuck MBA the best educational experience in the world, with great professors giving unprecedented access to outstanding students.
Currently, Bloomberg BusinessWeek, Financial Times, Forbes, U.S. News & World Report, and The Economist each regularly publish a ranking of graduate business schools on an annual or biennial basis. From 2001 through 2007, the Wall Street Journal also published a ranking based on ratings by recruiters. Below are details of the current rankings and a historical look at the rankings.
Tuck placed #2 in world in the Economist's ranking of the best full-time MBA programs. The annual ranking is based on four factors the Economist identifies as the primary reasons students pursue an MBA: to open new career opportunities (weighted at 35%), for personal development and educational experience (35%), to increase salary (20%), and to build a professional network (10%). For the third year in a row, Tuck ranked #1 in terms of professional development and educational experience. In the category of opening new career opportunities, Tuck ranked #3. And students clearly felt that the Tuck alumni had a lot to do with their success as the Tuck network was rated #1 for its effectiveness.
Forbes magazine ranked Tuck #6 in their ranking of the best business schools in the country. Forbes ranks business schools biennially based on the return on investment for its graduates. Forbes surveys alumni and determines return on investment by looking at five-year total compensation after graduation, minus the sum of tuition and forgone compensation. The survey listed 70 U.S. programs in total.
U.S. NEWS & WORLD REPORT
Tuck placed #9 in the annual U.S. News & World Report ranking of full time MBA programs. This ranking is based on a combination of surveys of deans and recruiters and statistical indicators that measure the quality of a school's students and employment results. In the specialty rankings, Tuck was highlighted as a top school in the management and non-profit categories. This portion of the ranking is based on ratings by educators at peer schools. Business school deans and program heads were asked to nominate programs for excellence in each of the specialty categories. Also noteworthy is that Tuck had the 2nd highest average combination of starting salary and bonus among the business schools ranked.
Tuck placed #10 among U.S. schools and #16 worldwide in the FT's 2013 ranking of the 100 top full-time MBA programs. Data for this ranking was compiled from two main sources—statistics provided by the schools themselves and survey data for each school’s alumni who graduated three years ago (Class of 2009). Data and opinions provided by alumni account for more than 50% of the ranking.
A school's rank is determined by a combination of three main factors: alumni salaries and career progression; the diversity and international reach of the school and its program; and the school's research capabilities.
Tuck placed #12 in the Bloomberg BusinessWeek biennial business school ranking. The ranking is based on three elements: a survey of the 2012 graduating class (45% of ranking), a survey of about 240 corporate executives (45%), and an analysis of intellectual capital (10%). The results for this year are combined with the results from the previous two rankings (2008 and 2010) with this year’s results counting for 50% and each of the previous two counting for 25% to calculate the final overall rank.
Business school rankings started in the late 1980s but the number of ranking grew significantly in the early 2000s. Since 2000, there have been 60 rankings published in which Tuck has ranked #1 eight times and been in the top 10 85% of the time. Tuck is often praised as a strong general management program whose students are known for teamwork and leadership.
THE WALL STREET JOURNAL
Tuck consistently held one of the top three spots in the seven years this ranking was published. The national ranking was based on how recruiters rated each school on 21 attributes, including students' leadership potential and strategic thinking, their previous work experience, the faculty and curriculum, and the career services office. These ratings, along with recruiters' plans to recruit at a school and a "mass appeal" factor, make up the methodology for this ranking.