Choosing a Business School For Your MBA

If you think having an MBA will help your career, you might be confused about which school to choose. Business Week creates a list every two years of the top schools for MBAs in the United States and some of the highlights from this list are:

• University of Chicago: It’s in the number one spot again with its Booth School of Business, right where it was when they last did the survey.
• Harvard Business School: This is second on the list but it’s the most expensive with tuition fees totalling almost $102,000. The great thing is the average student increases their salary by $44,000 when they graduate with a Harvard MBA.
• Stanford University: The most exclusive on the list, Stanford only accepts 8% of applicants (many others accept around 20 to 30%). Since they have small classes and a good location, the MBA here is clearly in demand.
• University of California Berkeley: It comes in tenth on the list, but is by far the cheapest with tuition fees adding up to “just” $84,000.
• Colombia Business School: Last time they did this survey Colombia just scraped in at number ten, but they’ve made some improvements to rank up at number seven now; although the New York location may not be so important after Wall Street disasters this year.