Forbes published its 2017 best business schools rankings and Wharton was ranked number one this year for the first time. Following in the second through fifth places, respectively, were Stanford, Harvard, Kellogg and Tuck.
Forbes uses the “5-year MBA Gain” to calculate its rankings and Wharton’s Class of 2012 have gained an average of $97,100 in salary since their graduation. (Stanford and Harvard had 5-year MBA gains of $97,100 and $92,500, respectively.)
We’d like to once again remind our readers to take the rankings with the proverbial ‘grain of salt’ as selecting jobs in consulting and finance are most likely to influence the Forbes rankings and Stanford does get penalized after accounting for the cost of living in California where so many graduates stay.