Top USA Mba colleges

Check the top 50 MBA colleges in US & the average GMAT score required to get admission to them
Rank College Name & Location Av. GMAT score
1 Stanford University Stanford, CA 728

2 Harvard University Boston, MA 724

3 Massachusetts Institute of Technology (Sloan) Cambridge, MA 718
3 University of Pennsylvania (Wharton) Philadelphia, PA 718

5 Northwestern University (Kellogg) Evanston, IL 714

5 University of Chicago (Booth) Chicago, IL 715

7 Dartmouth College (Tuck) Hanover, NH 716

7 University of California-Berkeley (Haas) Berkeley, CA 718

9 Columbia University New York, NY 712

10 New York University (Stern) New York, NY 715

10 Yale University New Haven, CT 722

12 Duke University (Fuqua) Durham, NC 697

13 University of Virginia (Darden) Charlottesville, VA 699

14 University of California-Los Angeles (Anderson) Los Angeles, CA 710

14 University of Michigan-Ann Arbor (Ross) Ann Arbor, MI 704

16 Cornell University (Johnson) Ithaca, NY 687

17 University of Texas-Austin (McCombs) Austin, TX 684

18 Carnegie Mellon University (Tepper) Pittsburgh, PA 694

19 University of North Carolina-Chapel Hill (Kenan-Flagler)Chapel Hill, NC 686

20 Washington University in St. Louis (Olin) St. Louis, MO 695

21 University of Minnesota-Twin Cities (Carlson) Minneapolis, MN 694

21 University of Southern California (Marshall) Los Angeles, CA 690

23 Emory University (Goizueta) Atlanta, GA 680

23 Indiana University-Bloomington (Kelley) Bloomington, IN 664

25 Georgetown University (McDonough) Washington, DC 684

26 Ohio State University (Fisher) Columbus, OH 676

27 Arizona State University (Carey) Tempe, AZ 672

28 Georgia Institute of Technology Atlanta, GA 678

28 University of California-Davis Davis, CA 692

28 University of Wisconsin-Madison Madison, WI 675

28 Vanderbilt University (Owen) Nashville, TN 673

32 Brigham Young University (Marriott) Provo, UT 675

32 Texas A&M University-College Station (Mays) College Station, TX 646

34 Boston College (Carroll) Chestnut Hill, MA 662

34 Boston University Boston, MA 681

34 Rice University (Jones) Houston, TX 672

37 University of Illinois-Urbana-Champaign Champaign, IL 641

37 University of Notre Dame (Mendoza) Notre Dame, IN 685

37 University of Washington (Foster) Seattle, WA 681

40 Pennsylvania State University-University Park (Smeal)University Park, PA 650

40 Tulane University (Freeman) New Orleans, LA 674

40 University of California-Irvine (Merage) Irvine, CA 673

40 University of Iowa (Tippie) Iowa City, IA 657

40 University of Texas-Dallas Richardson, TX 668

45 University of Maryland-College Park (Smith) College Park, MD 670

45 University of Rochester (Simon) Rochester, NY 677

47 University of Florida (Hough) Gainesville, FL 694

47 Wake Forest University (Babcock) Winston-Salem, NC 653

49 Michigan State University (Broad) East Lansing, MI 636

49 Purdue University-West Lafayette (Krannert) 654

50 University of Arkansas-Fayetteville (Walton) Fayetteville, AR 629

does MBA equals SUCESS

An MBA is seen by many as the perfect way forward if you are looking for a career change, and 37% of MBA applicants surveyed reported "career change" as their leading motivation to undertake an MBA, according to a recent QS TopMBA Applicant Survey. In some regions like North America, almost 60% of MBA candidates are turning to MBA education in their quest for a new career. So can business school really give you all the necessary skills to succeed in a completely new realm of work? Unlike other Masters courses that provide the graduate with specialised skills in narrower fields like history or economics, the MBA prepares the graduate for the 'real' business world through practical applications like case studies that teach the student all aspects of running a business "large or small, domestic or international. Skills learned in MBA courses are therefore far more transferable than those of others courses. Additionally, because MBA students are often required to have at least three years of work experience under their belt, their skill set can only evolve through further training: 'A vast majority of our hires have MBAs. We certainly have a preference for candidates with MBAs, as they offer a passion for learning, academic and communication abilities and a strong entrepreneurial spirit. They also have energy, rigour and a breadth of understanding of general management principles," explains Georgia Foley, Recruitment Manager at AT Kearney. The demanding nature of the MBA course can prepare you for any high-pressure, think-on-your-feet type of career. So even if you have little experience in the business world, you may find yourself more prepared than you thought. But don't take all potentially acquirable skills for granted - many business schools don't teach the essential skills necessary to survive in today's business arena. Dimitris Belbas, an MBA recruiter at Eli Lilly UK reports, many schools seem to neglect leadership development and organisational behaviour at the MBA level, despite these subjects being central to executive education courses. So what exactly does this mean? If your previous career has presented you with excellent leadership and interpersonal skills, and the ability to thrive within a team, you may have an advantage over a new MBA with a business background. It's sometimes these "softer" skills that make a difference. Furthermore, if your previous jobs were internationally-focused, you'll have an edge on a candidate with localised business experience. To put things in perspective, according to the 2006 QS TopMBA Recruiter Survey, 88% of recruiters prefer MBAs with between one and four years of work experience, Of course, this all depends on how drastic a career switch you intend to take. If you're a lawyer taking an MBA to become a management consultant, business education would probably provide you with the practical skills to accompany the "softer" skills learned in the law realm, but if you're a medical lab technician wanting to become a banker, you may need more than an MBA for a successful career move.

MBA job oppurtunity in unstable economy

MBA job opportunities in an unstable global

As Western economies continue to reel from recent financial strife, there are mixed views from the business school world on how current global economic events will affect the future MBA job market around the globe.

Overall job opportunities in the US are currently at their lowest in 11 months, with the US Labor Department announcing on Friday that the economy failed to add any new jobs during August. In Europe, the continued threat of numerous eurozone nations defaulting on their debt repayments has many economists now fearing the collapse of the euro currency, which if made a reality could spell a huge decline in future job opportunities around the continent.
In terms of MBA job opportunities though, the future appears to be more promising.
The upcoming QS TopMBA.com Jobs and Salary Trends Report 2011/12 has found that MBA job opportunities throughout the world have increased during the past year, and are set to increase in the next 12 months.

Emerging markets fuelling demand growth for MBAs

However, regionally split, demand for MBA graduates and alumni in the emerging economies of Asia Pacific and Latin America far outweigh the demand in North America and Western Europe.

“Despite clouds hanging over Western economies, 2011 represents a stellar year in terms of growth in global demand for MBAs of 36%, well ahead of the long term trend growth rate of 15% per annum,” says Nunzio Quacquarelli, managing director of QS Quacquarelli Symonds Ltd and author of the QS TopMBA.com Jobs and Salary Trends Report. “MBAs are playing a central role in the battle for global economic supremacy, with economic growth in emerging markets fuelling worldwide demand growth for MBAs.”
Chris Garnett, MBA career management advisor at Manchester Business School in the UK explains that, although any future period of economic decline could negatively affect MBA job opportunities, the employment market for MBAs should remain healthy as a result of demand outstripping supply in European and North American countries.

The ‘War for Talent’

“There is still a shortage of talent in the developed economies and demographic issues are likely to compound this so top level MBAs will remain sought after, though they may find it takes longer or they have to make compromises,” Garnett explains. “The ‘War for Talent’ has resurfaced again recently which suggests companies are reengaging in the labor market at this level, but the future remains very uncertain.”
The breadth and diversity of skills taught on MBA programs should also ensure that business school graduates and alumni continue to enjoy success in the jobs market, even during times of economic hardship, Dan LeClair, Association to Advance Collegiate Schools of Business (AACSB) vice president and chief knowledge officer explains to TopMBA.com.
“It’s impossible to argue that the economy, especially if it heads in the wrong direction in the near future won’t affect jobs for anyone,” LeClair says. “One of the things about MBA graduates is that it’s easy to put them in a box and say ‘these are the jobs that MBA graduates take’. But the good news for MBA graduates is that they often learn skills and knowledge that cut across industries but also cut across a variety of different opportunities like starting their own business, working in government, working in not-for-profit, so that the breadth of opportunities for MBAs is not restricted to one particular sector.”
Quacquarelli makes the important point that during the last recession, demand for MBAs was barely affected, as instead of cutting back their hiring initiatives, employers and recruiters looked to MBAs to help survive economic difficulties.
“Slow growth in major economies as far apart as the US and Japan, took their toll from 2001-2004 and demand for MBAs fell by around 20%. In this period, on-campus company visits fell significantly and many MBA students had to resort to off-campus job searches and networking among alumni. From 2005-2008 we witnessed resurgence in MBA employer demand for MBAs, far exceeding previous levels. The 2009 recession proved to be relatively benign for MBAs. The upward trend in MBA demand is, if anything, accelerating in 2011.”
It appears that, even if the global economist’s fears do come true, the job market for MBA graduates and alumni is likely to remain strong, both in developed and emerging economies.

MBA in INDIA

Study an MBA in India

While there is a high premium attached to the MBA in India, the profile of the business school awarding the degree is what adds value to the qualification, according to industry and recruitment firms.
The MBA is considered a golden ticket to the world of professional success in India. A degree from a leading business school such as the Indian Institutes of Management (IIMs) or the Indian School of Business (ISB) ensures a plum job, a fat pay packet and a successful professional life.
At the recent student placements conducted by the Indian School of Business, 346 domestic and international companies lined up with a variety of roles, including several senior management positions for students.

MBA i Europe

Why do an MBA in Europe?

As one of the most diverse continents on earth, studying an MBA in Europe can offer business school students a great deal in terms of diversity, international perspective, and recruiter appeal. However, similar to the continent’s economies, there is a clear difference between east and west.
Often seen as one of the two traditional homes of business education (the other being North America), Western Europe boasts seven of the ten preferred MBA destinations for MBA applicants according to the QS TopMBA.com Applicant Survey; the UK, Germany, France, Spain, Switzerland, the Netherlands and Italy.
Central and Eastern Europe on the other hand is one of the world’s up-and-coming MBA destinations. This is evident from business school rankings and ratings, such as the QS Global 200 Top Business School Report, where business schools such as CEU in Hungary, Warsaw University of Technology in Poland, and AUEB in Greece were placed 22nd, 23rd and 24th respectively in the European MBA rating.

Selection process

The most sought after institutes have their own independent admission processes.
However, all of them have a 2-stage process:

Stage 1: Written admission test.
Multiple-choice tests in maths, verbal, reading, logic & business awareness conducted in centres across India.
Read more about specific admission tests

Stage 2: Personality Assessment
Those who qualify through Stage 1 normally proceed to two stages of personality assessment:

Group Discussion: Your performance in a group, while discussing a topic of current importance, is evaluated by a panel of judges. Read more about GDs

Personal Interview: You are interviewed by a panel of specialists. Read more about the interview process .

Eligibility criteria

MBA in India    You need to have a bachelor's degree (3-year course) or equivalent in any discipline recognised by any Indian University / AICTE as eligible for post-graduate studies. You can apply while you are in your final year of graduation. If you do get through the admission test, you will be given provisional admission on the condition that you provide your mark sheet and a certificate of passing by a certain date. US & Europe The basic qualifying exam for doing an MBA outside India (US, Europe, Australasia) is the GMAT (Graduate Management Aptitude Test) conducted in centers across India. After you get your GMAT results, you need to apply for admission to specific institutes. There is normally no GD or Personal Interview process (like in India) - however, different institutes have different processes and criteria for admitting students.