What MBA Grads From The Best US Business Schools Make

    The Baker Library, at Harvard Business School, in Boston, Massachusetts

    MBAs are the most common master’s degree program in the United States, and they are the degree of choice for many professionals who want to boost their careers, increase their earnings, and expand their networks.

    Each year Fortune magazine ranks US-based full-time programs and has just released the list for 2023.

    In total, Fortune ranked 81 MBA programs. Among the 75 schools that were featured in the ranking both this year and in 2022, the median salary reported among students three months after graduation was $US118,000 ($AUD183,000), compared to $111,500 ($AUD173,000) last year.

    The ranking is made up of three components: Outcomes Score (salaries), Fortune 1000 Score (number of each school’s MBA alumni who are executives at Fortune 1000 companies), and Brand Score (Reputation).

    To participate in our ranking, business schools were requested to complete a questionnaire. If a notable, qualified school didn’t complete the questionnaire, Fortune pulled key metrics from the program’s website. In 2023, this was the case for two schools.

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    Ben Ready founded MBA News in 2014 and is the Managing Editor. He is a former business and finance journalist with Australian Associated Press (AAP) and Dow Jones Newswires in London. Ben completed his MBA in 2012 and was awarded the QUT GMAA Entrepreneurship Prize. He is also the founder and Managing Director of RGC Media & Mktng (rgcmm.com.au).