Beating Harvard and Booth, Stanford has claimed the No.1 position in Forbes list of business schools in the US. With likes of recruiters like Bain, Boston Consulting Group, McKinsey, Apple and Google, it firmly cements its position as the best of the best. We have a peek look at Stanford’s top ranking and the numbers that go behind it.
Paychecks
With the highest paycheck entering the school at $80,000 and the median salaries after five years coming to $221,000 in total compensation, it safely edges out other business schools when it comes to return on investment. With a tuition fee of $117,960, it is not the most expensive MBA college in the list but is definitely the best in ROI with the time around being less than two years.
Selection
Stanford is the most difficult nut to crack of all the MBA colleges in the states. With a selection percentage as low as 7% and a GMAT score of 740, the reach to Stanford is becoming lengthier and very selective. This ensures only the best brains across the world get a coveted seat in its class.
Placements
With its top five recruiter destinations being the most revered names in the management field, Bain, BCG, McKinsey, Apple and Google, Stanford does act as feeder program for the most sought after jobs, landing its graduates among the top six locations for MBA in the US.
Stanford Graduate School of Business is renowned to produce some of the wealthiest and most well-known business leaders and entrepreneurs. With Financial Times and Business Insider also ranking it among the top two business schools worldwide in their last two editions, the war for the top 5 colleges is getting hotter.
We leave you with an astounding fact about Stanford Graduate School of Business, it is the second wealthiest business school in the country with an endowment of roughly $825 million, richer than many multi-national corporations.