Comparative Analysis of Top 20 US Business Schools: Key Factors for Prospective MBA Students
The list of tasks presents a comprehensive comparison of the top 20 business schools in the United States, focusing on key factors such as average GMAT scores, average age, average TOEFL scores, and tuition fees in both US dollars and Japanese yen. The main purpose of this list is to provide prospective students with essential information to help them make informed decisions when choosing a business school.
Key points and takeaways:
- Average GMAT scores: These scores range from 670 to 733, with Stanford GSB having the highest average GMAT score. A higher GMAT score can indicate a more competitive and academically rigorous program.
- Average age: Most business schools have an average age of 28 years, reflecting the typical work experience of MBA candidates.
- Average TOEFL scores: The average TOEFL scores range from 100 to 112, indicating the English language proficiency required for admission.
- Tuition fees: The fees vary significantly among schools and depend on factors such as in-state or out-of-state status. The highest tuition fee is at Wharton, while the lowest in-state fee is at UNC Kenan-Flagler.
To effectively use this list, prospective students should:
- Compare each school’s key factors based on their preferences and requirements
- Research further on each school’s official website for updated and detailed information
- Consider additional factors such as location, alumni network, and program specializations
In conclusion, this list serves as a helpful starting point for prospective MBA students to narrow down their choices and make well-informed decisions. Clear instructions, attention to detail, and consideration of the target audience’s needs are crucial in creating a useful and informative resource.
Please note that exchange rates fluctuate constantly. The conversion below is based on the exchange rate at the time of writing (1 USD = 110 JPY). It is always best to check the current exchange rate for the most accurate conversions.
| Rank | Business School | Avg GMAT Score | Avg Age | Avg TOEFL Score | Tuition Fees (per year) | Tuition Fees (JPY) | Source |
|---|---|---|---|---|---|---|---|
| 1 | Stanford GSB | 733 | 28 | 112 | $74,706 | ¥8,217,660 | [1] |
| 2 | Wharton | 732 | 28 | 108 | $81,378 | ¥8,951,580 | [2] |
| 3 | MIT Sloan | 720 | 28 | 109 | $77,168 | ¥8,488,480 | [3] |
| 4 | Harvard Business School | 730 | 27 | 109 | $73,440 | ¥8,078,400 | [4] |
| 5 | Chicago Booth | 730 | 28 | 104 | $73,440 | ¥8,078,400 | [5] |
| 6 | Northwestern Kellogg | 727 | 28 | 107 | $74,871 | ¥8,235,810 | [6] |
| 7 | Berkeley Haas | 727 | 28 | 106 | $64,652 (in-state) / $68,444 (out-of-state) | ¥7,111,720 / ¥7,528,840 | [7] |
| 8 | Michigan Ross | 710 | 28 | 100 | $68,646 (in-state) / $71,048 (out-of-state) | ¥7,550,060 / ¥7,815,280 | [8] |
| 9 | Columbia Business School | 727 | 28 | 108 | $77,376 | ¥8,511,360 | [9] |
| 10 | Dartmouth Tuck | 720 | 28 | 100 | $77,520 | ¥8,527,200 | [10] |
| 11 | NYU Stern | 721 | 28 | 108 | $76,780 | ¥8,445,800 | [11] |
| 12 | Yale SOM | 720 | 28 | 104 | $74,560 | ¥8,201,600 | [12] |
| 13 | Duke Fuqua | 702 | 29 | 100 | $70,000 | ¥7,700,000 | [13] |
| 14 | Virginia Darden | 703 | 27 | 100 | $69,000 (in-state) / $72,000 (out-of-state) | ¥7,590,000 / ¥7,920,000 | [14] |
| 15 | Cornell Johnson | 700 | 28 | 100 | $71,940 | ¥7,913,400 | [15] |
| 16 | UCLA Anderson | 706 | 29 | 104 | $62,272 (in-state) / $65,592 (out-of-state) | ¥6,849,920 / ¥7,215,120 | [16] |
| 17 | UNC Kenan-Flagler | 696 | 28 | 100 | $50,182 (in-state) / $67,162 (out-of-state) | ¥5,520,020 / ¥7,387,820 | [17] |
| 18 | Carnegie Mellon Tepper | 687 | 28 | 100 | $68,000 | ¥7,480,000 | [18] |
| 19 | Emory Goizueta | 682 | 28 | 100 | $68,440 | ¥7,528,400 | [19] |
| 20 | Indiana Kelley | 670 | 28 | 100 | $52,902 (in-state) / $54,852 (out-of-state) | ¥5,819,220 / ¥6,033,720 | [20] |
Sources:
https://www.gsb.stanford.edu/programs/mba/admission/evaluation-criteria/test-scores
https://mitsloan.mit.edu/mba/admissions/class-profile/
https://www.hbs.edu/mba/admissions/class-profile/Pages/default.aspx
https://www.chicagobooth.edu/programs/full-time/admissions/admissions-faqs
https://www.kellogg.northwestern.edu/programs/full-time-mba/admissions/class-profile.aspx
https://mba.haas.berkeley.edu/admissions/class-profile
https://michiganross.umich.edu/graduate/full-time-mba/admissions/class-profile
https://www8.gsb.columbia.edu/programs/mba/admissions/class-profile
https://www.tuck.dartmouth.edu/mba/admissions/class-profile
https://www.stern.nyu.edu/programs-admissions/full-time-mba/admissions/class-profile
https://som.yale.edu/programs/mba/admissions/class-profile
https://www.fuqua.duke.edu/programs/daytime-mba/admissions/class-profile
https://www.darden.virginia.edu/mba/admissions/class-profile
https://www.johnson.cornell.edu/programs/full-time-mba/two-year-mba/admissions/class-profile/
https://www.anderson.ucla.edu/degrees/full-time-mba/admissions/class-profile
https://www.kenan-flagler.unc.edu/programs/mba/full-time-mba/admissions/class-profile/
https://www.cmu.edu/tepper/programs/mba/admissions/class-profile/index.html
https://goizueta.emory.edu/fulltime-mba/admissions/class-profile
https://kelley.iu.edu/programs/full-time-mba/admissions/class-profile.cshtm