INSEAD, offering 1-Year MBA programs with campuses at Fontainebleau near Paris, Singapore and Abu Dhabi 1s placed 9th in the rankings, held previous ranking. This year, four schools are new to the list: London School of Economics (17), Cornell (19), University of Michigan (Ross) (24) and Dartmouth (Tuck) (25).
The Ranking Methodology
The rankings are based on the choices of registered Ready4GMAT users from 195 countries. When users register to download the platform’s GMAT (Graduate Management Admissions Test) prep mobile application, they are required to choose up to 10 schools they are interested in applying to out of more than 1000 schools world wide. This data is compiled and listed the most mentioned schools.
However, the survey results could be influenced by demographics of registered users. On a country-by-country breakdown, both U.S. and Chinese registrants picked U.S.-based schools for all of their top five, while Indian registrants chose three Indian schools alongside Harvard and Stanford to make up their top five.
Desirable, More Selective B School
The most desired schools also happen to be the most selective in granting admission. Harvard enrolled 10% of the total applicants just 934 students in its class of 2018. Stanford enrolled 417 students, or 5% of total applicants. Wharton’s 2018 class has 851 students and an admission rate of 13%.
Tuition for these schools ranges from $64,000 to $74,000 per year, leading to total annual costs of over $100,000 for each two-year program. Though the graduates earn median compensation of $180,000 to $208,000 in their first year out of school.
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