How To Get Into The Top 5 Mba Programs ?
Q: How to Get Into the Top 5 MBA Programs ?
A:Why a Top MBA? Unlike graduates of medical schools and law schools, there is no licensing exam required to practice business in the United States. In addition, the quality of accredited schools offering MBA degrees varies tremendously. This is a degree you can obtain part-time in 4 years, in an executive program in 1 year, via correspondence courses, and from schools with near 100% acceptance rates. As a result, the value of your MBA degree is directly related to the prestige of the university and business school which grants it. A recent study of the value of MBA programs concluded that "if you don't get into a leading business school, the economic value of the degree is really quite limited." The study examined consultants at McKinsey & Company and investment bankers at Goldman, Sachs & Co. and found that those without MBA's performed as well, or better, than business school graduates. The fallacy of the study was that it did not recognize that it is much harder to get such a job without an MBA degree. Intellectual horsepower and potential - rather than business knowledge - is the primary criterion top consulting firms and investment banks look for. If someone possesses a Ph.D. in economics from MIT or a JD from Harvard - quite common at such firms - then that obviously serves as a more than adequate intellectual proxy for even a top two-year MB
A: The Top 5 Programs There is no other academic degree which is ranked and analyzed by so many publications and organizations as the MB
A: While the most well-known rankings - US News and BusinessWeek - have been published for more than 10 years, new rankings from the Financial Times, Forbes and the Wall Street Journal have come out recently. US News is generally considered the best ranking, as their system is the most transparent, and their rankings always come closest to peoples' common sense perception of relative prestige. There are three schools which have been ranked #1 by US News in the past ten years - Stanford Graduate School of Business, Harvard Business School, and the Sloan School of Management at MIT.
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