business world b school ranking

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Top MBA Colleges in the World | 2018 -2019

Most Popular GMAT Business Schools | Rankings

Business School RankingsFirst things first. This isn’t an MBA ranking. It’s a top business school ranking for popularity.

There are many excellent GMAT MBA college rankings (for full-time MBA, executive MBA, part-time MBA, specialty MBA rankings) published by the leading MBA related publications like Financial Times, Businessweek, The Economist, Poets  Quants.

We weren’t interested in presenting old wine in a new bottle. Instead, we have tried to create new wine and present it in a familiar looking bottle (i.e. the rankings format).

The MBA Crystal Ball Business School Ranking is not about the biggest or the best business schools in the world (based on quality of teaching or diversity of the class profile). It’s also not about the highest post-MBA salaries, the average GMAT scores or for that matter anything related to the specific degrees (MBA, MPhil, MFE, PhD) they award.

Those questions have already been addressed by others. At MBA Crystal Ball we are interested in finding out the answer to another question – Which are the Most Popular Business Schools across the world?

MBA Crystal Ball can help you get into the top MBA colleges

Our experienced MBA consultants can improve your odds of getting an admit from your dream school. We’ll help you:

  1. Choose the right business school based on your profile  career aspirations.
  2. Craft the best MBA application – essays, resume, recommendations, interviews.

Drop us an email: info [at] mbacrystalball [dot] com

Need some inspiration? Read these MBA application strategies of successful MBA applicants .


GMAT MBA Business School Rankings

Methodology for the MBA Crystal Ball Bschool Rankings

For the scope of this GMAT college ranking, we restrict the definition of ‘Popularity’ to the interest shown by prospective students, employers, professors, other stakeholders in the online ‘properties’ of the bschool – primarily its website and its social media presence (limited for now to Facebook, Twitter and LinkedIn).

The bschool rankings methodology we follow is quite simple. Like in a democratic election, we’ve assumed that people have already voted for the most popular bschools schools. We’ve just tapped into the publicly available data to form a perception about the level of popular interest in these business schools .

Which means – no surveys, no questionnaires, no subjective or philosophical questions to answer and no sample size constraints. Instead of limiting ourselves to a few thousand participants, we are relying upon the collective wisdom and interest of hundreds of thousands of folks who have voted with their mouse clicks.

We consider aspects such as the overall website traffic and multiple parameters (followers, likes, interactions, online activity) that are relevant for the individual social media sites. We then use a little magic formula (consisting of weights, adjustments and penalties) to arrive at the overall bschool ranks. We have written many articles related to these schools. Click on the school names (first column) that have links, to learn more about each.

Most Popular Business Schools in the World

RankBusiness School NameCountryWebsite
1 Harvard Business School USA25132
2 Stanford Univ GSB USA27114
3IMD SwitzerlandSwitzerland454341
4 Hong Kong UST (HKUST) China3024422
5IE Business SchoolSpain29644
6 Univ of Virginia – Darden USA18387
7 Univ of Pennsylvania – Wharton USA8829
8 London Business School UK365535
9 MIT Sloan School of Management USA112512
10 Univ of California at Berkeley – Haas USA311623
11 Vanderbilt Univ – Owen USA2649393
12City Univ – Cass LondonUK38101025
13 Columbia Business School USA7162221
14 Univ of Texas at Austin – McCombs USA433736
15 Northwestern Univ – Kellogg USA21132515
16 INSEAD France / Singapore France3439236
17 Cornell Univ – Johnson USA5352513
18 Rotterdam School of Management Netherlands4892124
19 New York Univ – Stern USA11291419
20 Duke Univ – Fuqua USA22141241
21 Univ of Michigan – Ross USA6232429
22 Yale School of Management USA12191340
23 Indian School of Business (ISB) India32201616
24 SDA Bocconi Italy4724917
25 IESE Business School Spain3334308
26Wisconsin School of BusinessUSA8524910
27 Univ of Cambridge – Judge UK14182832
28 Univ of Southern California – Marshall USA17173728
29 Univ of Oxford – Said UK16311139
30Warwick Business SchoolUK44152031
31 Univ of Chicago – Booth USA37371718
32 UCLA – Anderson USA10384627
33 York Univ – Schulich Canada24321535
34ESADE Business SchoolSpain35404511
35 Indiana Univ – Kelley USA20422730
36 Manchester Business School UK46213826
37 Univ of North Carolina – Kenan-Flagler USA19255142
38EM LyonFrance43281943
39 Univ of Toronto – Rotman Canada13463533
40 Carnegie Mellon – Tepper USA15363644
41 HEC Paris France39434120
42 Emory Univ – Goizueta USA27303249
43Univ of Cape Town GSBSouth Africa31441852
44 Dartmouth College – Tuck USA28413347
45 Univ of W. Ontario – Ivey Canada51482934
46 NUS School of Business Singapore23444837
47 Georgetown Univ – McDonough USA50225050
48 ESMT Germany Germany52274051
49 St Gallen Switzerland40503145


Bschool Rankings FAQ

1. How accurate  useful are these rankings?

Accuracy: Rankings, in general, are inherently flawed as they often consider aspects that can be measured. Subjective aspects are either ignored completely or forcibly converted into numbers. The same applies to our bschool ranking. There is no such thing as an accurate bschool ranking.

Usefulness: This is an equally subjective aspect. For the naysayers, this is largely a statistical exercise with no real world relevance. For those who like rankings (and data analysis in general), there are enough insights that can be derived from slicing  dicing the data that’s available. Though we have to admit that the insights would be more useful for bschools than for MBA aspirants. Check out some of them here – B-School Rankings Insights .

2. What do you mean by ‘adjustments’ and ‘penalties’ in the methodology?

All parameters aren’t equally important or relevant. As an example, the number of Facebook ‘Likes’ would have no meaning if there was zero interaction with the ‘Likers’. Another example, there are tactics such as mass following that are frequently adopted on Twitter to gain followers. Yet another one, related to websites. Most bschool sites are hosted within a bigger university domain. So it’s tough to segregate the traffic between the parent site and the sub-domain.

We’ve tried to consider several such situations and cross-dependencies while assigning weights and penalties.

3. Can you share your GMAT MBA college ranking formula and all the parameters?

This is the first time we’ve created this ranking and we realise there’s scope for improvement. Trying to chase a perfect formula (that doesn’t exist in the first place) will convert this into a pure mathematical exercise. Instead, we’d be more keen to hear whether the output of the process looks intuitive or if you see red flags that need an explanation.

We’ve shared some ideas in the previous question to give you a flavour of what we do. Over time when we’ve tried this out a few times, we might be more transparent about the specific parameters, weights and adjustments.

Bschool Rankings Analysis

Find out more about what the MBA Crystal Ball Bschool Rankings mean (for students  bschools) and share your views here –> B-School Rankings | Analysis  Insights
Related articles:
– Also check the MBA rankings in USA, Canada, UK, Europe, India and other regions .
– Top MBA Colleges in USA without work experience for freshers
– Fee payback time for Top MBA colleges in the world

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