Overview

US News & World Report annually ranks the top 50 business schools in the US.

Methodology

US News & World Report basis their MBA Rankings on three major categories that are weighted as follows:

40% - Quality Assessment
35% - Placement Success
25% - Student Selectivity

These categories are further broken down as follows:

Quality Assessment:
25% - Peer Assessment - US News basically surveys business school deans and asks them to rate other business schools.
15% - Recruiter Assessment - Companies that have hired graduates from previously ranked programs are asked to evaluate business schools.

Placement Success:
14% - Mean Compensation and Bonus
21% - Employment Rates

Student Selectivity:
16.25% - Mean GMAT Scores
7.5% - Undergraduate GPA
1.25% - Acceptance Rate

Top Schools

Below are the top 5 US business schools as ranked by the most recent US News MBA Rankings:

1. Harvard
2. Stanford
3. Pennsylvania (Wharton)
4. MIT (Sloan)
4. Northwestern (Kellogg) (tied for 4th)