Bloomberg Businessweek has released its 2019 ranking of the best business schools in the US. Among compensation, entrepreneurship, and learning, the ranking also reveals the best business schools for networking.
Scores are ranked out of 100, with compensation making up 37.3% of the ranking, networking 25.7%, learning 21.3%, and entrepreneurship 15.7%.
Bloomberg Businessweek interviewed business school deans, professors, administrators, and analysts, as well as more than 26,804 surveys of MBA students, alumni, and recruiters. They also take into account employment data from business schools.
All about networking
A key facet of any top MBA program is networking. So often, how well you network during your degree can be the difference between landing a top job after graduation, and failing to make the most of your MBA.
This year, Bloomberg Business week ranks Dartmouth’s Tuck School of Business as the best in the US for networking, with a perfect score of 100. Tuck is followed by UCLA Anderson (91.8), Northwestern’s Kellogg School of Management (91.6), Virginia’s Darden School of Business (91.4), and Chicago’s Booth School of Business (89.3), in fifth place.
Bloomberg consolidates the networking index by looking at the quality of networks being built by MBA classmates; students’ communication with alumni; the level of success of the career services office; and the standard and breadth of alumni-to-alumni interactions. They also take into account the school’s brand power, from the point of view of recruiters.
The top 10 schools for networking is completed by Georgia Tech’s Scheller College of Business (88.7) in sixth, Columbia (88.4) in seventh place, Carnegie Mellon’s Tepper School of Business (88.3) in eighth, Stanford (87.7) in ninth, and Wharton (86.4) in 10th—Cornell’s SC Johnson College of Business tied with Wharton for 10th place, also with a score of 86.4.
Best Business Schools In The US For Networking
The big hitters missing from the top 10
Though the networking top 10 contains heavyweights like Stanford and Wharton, there are some notable names who sit outside the top 10 when it comes to the quality of networking.
Harvard Business School (85.9) is in 12th place, NYU Stern (80.8) is in 17th place, Yale (75.1), takes 27th place, and MIT Sloan (73.7) is in 29th.
That’s despite those schools all sitting much higher in the ranking when their overall scores are taken into account.
Harvard is third overall, with a score of 92.5, MIT Sloan (90.6) is seventh, NYU Stern (85.4) is 13th, and Yale (84.5) is in 14th.
The overall best business schools in the US
It’s another good year for Stanford, who top the Bloomberg Businessweek rankings for the second year in a row, with a perfect overall score of 100. Stanford also scored 100 and sits atop the ranking for compensation and entrepreneurship.
Earlier this year, BusinessBecause covered the business schools with the highest MBA salaries—Stanford topped this list, with graduates taking home an average of $228,074 per year.
Just ahead of Harvard in second place, Bloomberg ranks Dartmouth Tuck—who jumped an astonishing 17 places this year after improved networking and learning scores—with a score of 94.5.
Completing the top five are Chicago Booth (91.7) in fourth place, and Darden (91.5) in fifth. The top 10 then consists of Wharton (91.4) in sixth, just ahead of MIT Sloan, who are followed by UC Berkeley (90.2) in eighth, Columbia (90.1) in ninth, and Kellogg (88.7) in 10th.