[商学院排名] 2009 Forbes ROI MBA Rankings:LBS, Stanford, INSEAD

David-J

Forbes has released its biennial ranking of top business schools as measured by return on investment graduates achieve after five years, with London Business School (LBS), Stanford Graduate School of Business and INSEAD topping the lists.

 

To compile the survey, alumni from top business schools were asked to share their pre-MBA salaries and compensation for three of the first five years of work after obtaining their degrees. Taking into account opportunity costs (tuition and salary lost while in school), adjusting for cost-of-living expenses and discounting earnings gains, Forbes ranked programs based on overall ROI divided into three distinct tables: U.S. programs, non-U.S. one-year programs and non-U.S. two-year programs.

 

LBS, which ranked number two among non-U.S. two-year programs in the 2007 rankings, sidled back up into the number one spot this year, which it also held in 2005. “I am delighted that we have re-claimed the number one position in this ranking,” said Sabine Vinck, LBS associate dean of degree programs, in a statement. “This result demonstrates that London Business School offers excellent return on investment and that our alumni compensation levels post-graduation are among the highest in the world,” Vinck added.

 

Stanford, too, reclaimed the number one spot this year on the U.S. programs list, having also slipped to second in the 2007 rankings. According to the Forbes report, Stanford graduates from the class of 2004 – now five years out from graduation – had a median salary of $82,000 before entering school, made a $235,000 investment on average on an MBA, and report a median salary of $225,000 five years out, which shows a typical cumulative gain of $85,000.

 

Overall, Forbes found that graduates of the five top-ranked MBA programs in its survey typically make more than $200,000 once they’re five years out of school but that rising tuitions and higher pre-MBA salaries mean it’s taking longer for them to get a solid payback on their investment.

 

David-J

			5-yr gain			Salary
Rank	Name	Location	Total1 ($thou)	As % Of Expenses2 (%)	Years To Break Even	Pre-MBA ($thou)	2008 ($thou)	Tuition3 ($thou)	GMAT
1	Stanford	Stanford, CA	85	38	4.2	82	225	102	730
2	Dartmouth (Tuck)	Hanover, NH	80	39	4.0	70	205	94	712
3	Harvard	Boston, MA	79	34	4.0	82	215	102	720
4	Chicago (Booth)	Chicago, IL	63	30	4.2	71	210	97	720
5	Pennsylvania (Wharton)	Philadelphia, PA	57	27	4.4	75	200	100	715
6	Columbia	New York, NY	57	28	4.2	70	182	99	710
7	Cornell (Johnson)	Ithaca, NY	57	32	4.1	60	168	92	700
8	Northwestern (Kellogg)	Evanston, IL	52	27	4.2	66	165	96	710
9	Virginia (Darden)	Charlottesville, VA	50	28	4.2	60	159	93	700
10	Yale	New Haven, CT	46	26	4.3	57	160	93	720
11	Texas-Austin (McCombs)	Austin, TX	44	29	4.2	57	125	81	690
12	UC Berkeley (Haas)	Berkeley, CA	43	26	4.2	67	163	86	710
13	Duke (Fuqua)	Durham, NC	43	24	4.3	62	148	93	700
14	MIT (Sloan)	Cambridge, MA	42	20	4.4	70	190	96	710
15	UNC (Kenan-Flagler)	Chapel Hill, NC	41	28	4.2	55	142	86	690
16	Brigham Young (Marriott)	Provo, UT	41	39	3.9	45	105	38	680
17	NYU (Stern)	New York, NY	37	20	4.3	62	170	89	710
18	Michigan (Ross)	Ann Arbor, MI	37	20	4.3	62	155	93	710
19	UCLA (Anderson)	Los Angeles, CA	35	21	4.4	68	160	83	710
20	Iowa (Tippie)	Iowa City, IA	35	30	4.2	43	112	53	660

David-J

			5-yr gain			Salary
Rank	Name	Location	Total1 ($thou)	As % Of Expenses2 (%)	Years To Break Even	Pre-MBA ($thou)	2008 ($thou)	Tuition3 ($thou)	GMAT
21	Michigan State (Broad)	East Lansing, MI	34	26	4.2	53	114	62	640
22	Emory (Goizueta)	Atlanta, GA	34	23	4.2	56	121	81	685
23	Carnegie Mellon (Tepper)	Pittsburgh, PA	33	18	4.4	60	145	98	700
24	Texas A&M (Mays)	College Station, TX	30	29	4.2	47	106	39	650
25	Indiana (Kelley)	Bloomington, IN	29	21	4.3	53	115	76	670
26	Minnesota (Carlson)	Minneapolis, MN	29	22	4.2	53	104	79	663
27	Connecticut	Storrs, CT	29	25	4.4	52	153	51	620
28	Penn State (Smeal)	University Park, PA	29	20	4.3	54	120	66	650
29	Maryland (Smith)	College Park, MD	29	18	4.3	49	109	86	660
30	Vanderbilt (Owen)	Nashville, TN	29	18	4.5	53	128	87	650
31	Georgetown (McDonough)	Washington, DC	28	16	4.5	60	147	83	678
32	USC (Marshall)	Los Angeles, CA	28	18	4.5	56	155	86	700
33	SMU (Cox)	Dallas, TX	28	20	4.4	52	122	81	640
34	Wake Forest (Babcock)	Winston-Salem, NC	27	21	4.4	47	108	71	630
35	Wisconsin-Madison	Madison, WI	27	19	4.3	51	103	53	666
36	Rollins (Crummer)	Winter Park, FL	27	30	4.1	29	75	59	605
37	Rochester (Simon)	Rochester, NY	27	17	4.4	49	120	82	680
38	Notre Dame (Mendoza)	Notre Dame, IN	26	18	4.4	49	110	77	680
39	Ohio State (Fisher)	Columbus, OH	26	21	4.4	45	94	76	680
40	Washington (Foster)	Seattle, WA	25	21	4.3	48	111	68	688

David-J

			5-yr gain			Salary
Rank	Name	Location	Total1 ($thou)	As % Of Expenses2 (%)	Years To Break Even	Pre-MBA ($thou)	2008 ($thou)	Tuition3 ($thou)	GMAT
41	Washington U-St. Louis(Olin)	St. Louis, MO	25	16	4.5	52	118	85	681
42	Tennessee	Knoxville, TN	25	26	4.2	39	82	37	615
43	Miami	Coral Gables, FL	25	22	4.3	35	85	70	630
44	Georgia Tech	Atlanta, GA	25	22	4.3	47	100	66	680
45	Purdue (Krannert)	West Lafayette, IN	25	20	4.5	47	100	72	670
46	Boston College (Carroll)	Chestnut Hill, MA	24	20	4.4	47	125	68	660
47	Rice (Jones)	Houston, TX	24	15	4.6	60	140	78	680
48	SUNY Buffalo	Buffalo, NY	24	28	4.2	31	84	32	610
49	William & Mary (Mason)	Williamsburg, VA	24	19	4.4	44	110	69	610
50	Georgia (Terry)	Athens, GA	23	21	4.4	45	108	58	650
51	Hofstra (Zarb)	Hempstead, NY	22	29	4.2	30	77	34	615
52	Tulane (Freeman)	New Orleans, LA	21	14	4.5	54	122	92	654
53	Arizona (Eller)	Tucson, AZ	21	22	4.3	41	92	59	620
54	Florida (Hough)	Gainesvillle, FL	21	18	4.5	43	108	52	670
55	Louisiana State (Ourso)	Baton Rouge, LA	20	28	4.3	30	78	35	630
56	Arizona State (Carey)	Tempe, AZ	20	16	4.5	50	108	63	680
57	Fordham	New York, NY	20	12	4.6	63	155	72	610
58	UC Irvine (Merage)	Irvine, CA	18	15	4.5	48	111	80	680
59	American	Washington, DC	17	14	4.5	39	90	58	540
60	TCU (Neeley)	Fort Worth, TX	15	14	4.6	41	85	60	610

David-J

			5-yr gain			Salary
Rank	Name	Location	Total1 ($thou)	As % Of Expenses2 (%)	Years To Break Even	Pre-MBA ($thou)	2008 ($thou)	Tuition3 ($thou)	GMAT
61	Boston U	Boston, MA	15	11	4.6	48	101	75	670
62	Case Western (Weatherhead)	Cleveland, OH	14	11	4.6	41	100	74	635
63	Illinois-Urbana-Champaign	Champaign, IL	13	12	4.6	40	95	59	650
64	Auburn	Auburn, AL	12	17	4.6	33	87	37	650
65	Drexel (LeBow)	Philadelphia, PA	11	10	4.7	36	110	48	625
66	Alabama (Manderson)	Tuscaloosa, AL	11	14	4.5	34	77	41	628
67	South Carolina (Moore)	Columbia, SC	11	9	4.7	52	113	53	640
68	UC Davis	Davis, CA	11	8	4.7	56	120	78	660
69	Northeastern	Boston, MA	10	8	4.7	41	95	70	610
70	Missouri (Crosby)	Columbia, MO	7	8	4.8	37	84	46	640
71	Willamette (Atkinson)	Salem, OR	6	6	4.8	36	84	56	610
72	Temple (Fox)	Philadelphia, PA	6	5	4.8	44	90	60	640
73	George Washington	Washington, DC	5	5	4.8	40	90	66	640
74	Oregon (Lundquist)	Eugene, OR	2	2	4.9	37	85	40	625
75	Pepperdine (Graziadio)	Los Angeles, CA	1	1	5.0	48	115	72	620

David-J

Best Business Schools

#1 Stanford

08.05.09, 06:00 PM EDT

Next: Dartmouth (Tuck)

Stanford, CA Length of Program: 2 year School Type:private www.gsb.stanford.edu Five-Year MBA Gain Total1: $85,000 As % Of Expenses2: 38% Years to break even: 4.2 Class Of 2004 Salary Pre-MBA: $82,000 In 2008: $225,000 Class Of 2010 Tuition3: $102,000 Media GMAT score: 730

Notes: 1. 5-Yr total compensation after graduation, minus the sum of tuition, fees and forgone compensation 2. M.B.A. profit divided by sum of tuition, fees and forgone compensation 3. Total tuition and fees for out-of-state students 5-Yr figures before taxes and adjusted for time value of money. NA: not available or not applicable

Class of 2008 HIRING (number of graduates) Bain & Co (NA) Booz & Co (NA) Boston Consulting Group (NA) Goldman Sachs (NA) McKinsey & Co (NA)		Class of 2008 Median First Year Compensation Base: $120,000 Signing Bonus: $20,000 Other Guaranteed: $40,000
CLASS OF 2010 STUDENT BODY No. Of Applicants: 6,575 % Accepted: 7% Total Enrolled: 370 % Residing In U.S.: 70% Median Undergrad GPA: 3.6 Median Years Work Experience: 3.9		Class of 2010 Tuition and Fees 1st Year In-State: $50,766 Out-Of-State: $50,766 2nd Year In-State: $50,766 Out-Of-State: $50,766
Class of 2008 JOB PLACEMENT Consulting: 29% Finance/Accounting: 42% Operations/Logistics: 4% General Management: 4% Marketing/Sales: 16% IT: 0% HR: 0% Other: 5%		Class of 2008 Base Salary By Placement Consulting: $125,000 Finance/Accounting: $125,000 Operations/Logistics: $112,500 General Management: $110,000 Marketing/Sales: $110,000 IT: NA HR: NA Other: $80,000

David-J

Best Business Schools

#2 Dartmouth (Tuck)

08.05.09, 06:00 PM EDT

Previous: Stanford

Next: Harvard

Hanover, NH Length of Program: 2 year School Type:private www.tuck.dartmouth.edu Five-Year MBA Gain Total1: $80,000 As % Of Expenses2: 39% Years to break even: 4.0 Class Of 2004 Salary Pre-MBA: $70,000 In 2008: $205,000 Class Of 2010 Tuition3: $94,000 Media GMAT score: 712

Notes: 1. 5-Yr total compensation after graduation, minus the sum of tuition, fees and forgone compensation 2. M.B.A. profit divided by sum of tuition, fees and forgone compensation 3. Total tuition and fees for out-of-state students 5-Yr figures before taxes and adjusted for time value of money. NA: not available or not applicable

Class of 2008 HIRING (number of graduates) McKinsey & Co (20) Bain & Co (9) Boston Consulting Group (9) Booz Allen Hamilton (6) Barclays (6)		Class of 2008 Median First Year Compensation Base: $110,000 Signing Bonus: $20,000 Other Guaranteed: $20,600
CLASS OF 2010 STUDENT BODY No. Of Applicants: 2,898 % Accepted: 16% Total Enrolled: 252 % Residing In U.S.: 68% Median Undergrad GPA: 3.4 Median Years Work Experience: 6.0		Class of 2010 Tuition and Fees 1st Year In-State: $45,900 Out-Of-State: $45,900 2nd Year In-State: $48,135 Out-Of-State: $48,135
Class of 2008 JOB PLACEMENT Consulting: 37% Finance/Accounting: 35% Operations/Logistics: 0% General Management: 11% Marketing/Sales: 10% IT: 0% HR: 1% Other: 6%		Class of 2008 Base Salary By Placement Consulting: $125,000 Finance/Accounting: $95,000 Operations/Logistics: NA General Management: $105,000 Marketing/Sales: $95,000 IT: NA HR: NA Other: NA

David-J

Best Business Schools

#3 Harvard

Previous: Dartmouth (Tuck)

Next: Chicago (Booth)

Boston, MA Length of Program: 2 year School Type:private www.hbs.edu Five-Year MBA Gain Total1: $79,000 As % Of Expenses2: 34% Years to break even: 4.0 Class Of 2004 Salary Pre-MBA: $82,000 In 2008: $215,000 Class Of 2010 Tuition3: $102,000 Media GMAT score: 720

Notes: 1. 5-Yr total compensation after graduation, minus the sum of tuition, fees and forgone compensation 2. M.B.A. profit divided by sum of tuition, fees and forgone compensation 3. Total tuition and fees for out-of-state students 5-Yr figures before taxes and adjusted for time value of money. NA: not available or not applicable

Class of 2008 HIRING (number of graduates) NA (NA) NA (NA) NA (NA) NA (NA) NA (NA)		Class of 2008 Median First Year Compensation Base: $120,000 Signing Bonus: $20,000 Other Guaranteed: $35,000
CLASS OF 2010 STUDENT BODY No. Of Applicants: 8,661 % Accepted: 12% Total Enrolled: 900 % Residing In U.S.: 67% Median Undergrad GPA: 3.7 Median Years Work Experience: 3.3		Class of 2010 Tuition and Fees 1st Year In-State: $50,830 Out-Of-State: $50,830 2nd Year In-State: $50,830 Out-Of-State: $50,830
Class of 2008 JOB PLACEMENT Consulting: 24% Finance/Accounting: 45% Operations/Logistics: 0% General Management: 11% Marketing/Sales: 13% IT: 0% HR: 0% Other: 7%		Class of 2008 Base Salary By Placement Consulting: $125,000 Finance/Accounting: $120,000 Operations/Logistics: NA General Management: $110,000 Marketing/Sales: $110,000 IT: NA HR: NA Other: $110,000

#4 Chicago (Booth)

08.05.09, 06:00 PM EDT

Previous: Harvard

Next: Pennsylvania (Wharton)

Chicago, IL Length of Program: 2 year School Type:private www.chicagogsb.edu Five-Year MBA Gain Total1: $63,000 As % Of Expenses2: 30% Years to break even: 4.2 Class Of 2004 Salary Pre-MBA: $71,000 In 2008: $210,000 Class Of 2010 Tuition3: $97,000 Media GMAT score: 720

Notes: 1. 5-Yr total compensation after graduation, minus the sum of tuition, fees and forgone compensation 2. M.B.A. profit divided by sum of tuition, fees and forgone compensation 3. Total tuition and fees for out-of-state students 5-Yr figures before taxes and adjusted for time value of money. NA: not available or not applicable

Class of 2008 HIRING (number of graduates) McKinsey & Co (29) Lehman Brothers (23) Merrill Lynch (23) Boston Consulting Group (17) Bain & Co (16)		Class of 2008 Median First Year Compensation Base: $100,000 Signing Bonus: $25,000 Other Guaranteed: $28,750
CLASS OF 2010 STUDENT BODY No. Of Applicants: 4,114 % Accepted: 22% Total Enrolled: 577 % Residing In U.S.: 65% Median Undergrad GPA: 3.5 Median Years Work Experience: 4.8		Class of 2010 Tuition and Fees 1st Year In-State: $47,938 Out-Of-State: $47,938 2nd Year In-State: $48,914 Out-Of-State: $48,914
Class of 2008 JOB PLACEMENT Consulting: 23% Finance/Accounting: 54% Operations/Logistics: 0% General Management: 5% Marketing/Sales: 8% IT: 0% HR: 0% Other: 10%		Class of 2008 Base Salary By Placement Consulting: $125,000 Finance/Accounting: $95,000 Operations/Logistics: NA General Management: $107,500 Marketing/Sales: $93,000 IT: NA HR: NA Other: NA

David-J

Best Business Schools

#5 Pennsylvania (Wharton)

08.05.09, 06:00 PM EDT

Previous: Chicago (Booth)

Next: Columbia

Philadelphia, PA Length of Program: 2 year School Type:private www.wharton.upenn.edu Five-Year MBA Gain Total1: $57,000 As % Of Expenses2: 27% Years to break even: 4.4 Class Of 2004 Salary Pre-MBA: $75,000 In 2008: $200,000 Class Of 2010 Tuition3: $100,000 Media GMAT score: 715

Notes: 1. 5-Yr total compensation after graduation, minus the sum of tuition, fees and forgone compensation 2. M.B.A. profit divided by sum of tuition, fees and forgone compensation 3. Total tuition and fees for out-of-state students 5-Yr figures before taxes and adjusted for time value of money. NA: not available or not applicable

Class of 2008 HIRING (number of graduates) McKinsey & Co (50) Boston Consulting Group (43) Bain & Co (36) Goldman Sachs (29) JP Morgan Chase (20)		Class of 2008 Median First Year Compensation Base: $110,000 Signing Bonus: $25,000 Other Guaranteed: $30,000
CLASS OF 2010 STUDENT BODY No. Of Applicants: 7,328 % Accepted: 16% Total Enrolled: 751 % Residing In U.S.: 56% Median Undergrad GPA: 3.6 Median Years Work Experience: 6.0		Class of 2010 Tuition and Fees 1st Year In-State: $49,504 Out-Of-State: $49,504 2nd Year In-State: $50,092 Out-Of-State: $50,092
Class of 2008 JOB PLACEMENT Consulting: 28% Finance/Accounting: 55% Operations/Logistics: 1% General Management: 6% Marketing/Sales: 7% IT: 0% HR: 0% Other: 3%		Class of 2008 Base Salary By Placement Consulting: $125,000 Finance/Accounting: NA Operations/Logistics: NA General Management: $106,500 Marketing/Sales: NA IT: NA HR: NA Other: NA

David-J

Best Business Schools

#6 Columbia

08.05.09, 06:00 PM EDT

Previous: Pennsylvania (Wharton)

Next: Cornell (Johnson)

New York, NY Length of Program: 2 year School Type:private www.gsb.columbia.edu Five-Year MBA Gain Total1: $57,000 As % Of Expenses2: 28% Years to break even: 4.2 Class Of 2004 Salary Pre-MBA: $70,000 In 2008: $182,000 Class Of 2010 Tuition3: $99,000 Media GMAT score: 710

Notes: 1. 5-Yr total compensation after graduation, minus the sum of tuition, fees and forgone compensation 2. M.B.A. profit divided by sum of tuition, fees and forgone compensation 3. Total tuition and fees for out-of-state students 5-Yr figures before taxes and adjusted for time value of money. NA: not available or not applicable

Class of 2008 HIRING (number of graduates) McKinsey & Co (56) Goldman Sachs (25) Lehman Brothers (21) Citigroup (17) Deutsche Bank (17)		Class of 2008 Median First Year Compensation Base: $107,450 Signing Bonus: $30,582 Other Guaranteed: $49,804
CLASS OF 2010 STUDENT BODY No. Of Applicants: 5,999 % Accepted: 15% Total Enrolled: 721 % Residing In U.S.: 61% Median Undergrad GPA: 3.4 Median Years Work Experience: 5.0		Class of 2010 Tuition and Fees 1st Year In-State: $47,921 Out-Of-State: $47,921 2nd Year In-State: $51,100 Out-Of-State: $51,100
Class of 2008 JOB PLACEMENT Consulting: 23% Finance/Accounting: 55% Operations/Logistics: 1% General Management: 2% Marketing/Sales: 8% IT: NA HR: 0% Other: 11%		Class of 2008 Base Salary By Placement Consulting: $120,060 Finance/Accounting: $103,331 Operations/Logistics: $93,750 General Management: $108,335 Marketing/Sales: $97,144 IT: NA HR: $80,000 Other: $110,519