University of Chicago business school ranked nation’s third best

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Chicago, – (INN)- University of Chicago’s Booth Business School ranked in a tie for third among U.S. colleges offering master of business administration programs, according to a new study by U.S. News that examined 367 schools.

The Chicago school has an annual in-state tuition rate for full-time students of $72,000 and an enrollment of 1,179 full-time students.

U.S. News ended up ranking only 131 schools out of the 367. The ranked schools provided adequate data on their MBA programs for the news publisher to calculate the results, which are based on a weighted average of indicators such as test scores, recruiter assessments, acceptance rates, and student grade-point averages.

All the schools examined are accredited by the Association to Advance Collegiate Schools of Business International.

Where Are the Nation’s Best Business Schools?

Rank School Annual Full-time Tuition (in State) Enrollment (full time)
1 University of Pennsylvania (Wharton) Philadelphia, PA $72,300 1,742
2 Stanford University Stanford, CA $70,590 855
3 (tie) Harvard University Boston, MA $73,440 1,873
3 (tie) Massachusetts Institute of Technology (Sloan) Cambridge, MA $74,200 813
3 (tie) University of Chicago (Booth) Chicago, IL $72,000 1,179
6 (tie) Columbia University New York, NY $74,400 1,297
6 (tie) Northwestern University (Kellogg) Evanston, IL $71,544 1,304
7 (tie) University of California–Berkeley (Haas) Berkeley, CA $60,987 590
9 Yale University New Haven, CT $69,500 723
10 (tie) Duke University (Fuqua) Durham, NC $68,200 875
10 (tie) University of Michigan–Ann Arbor (Ross) Ann Arbor, MI $63,646 832
12 (tie) Dartmouth College (Tuck) Hanover, NH $72,150 576
12 (tie) New York University (Stern) New York, NY $71,676 772
12 (tie) University of Virginia (Darden) Charlottesville, VA $62,464 660
15 Cornell University (Johnson) Ithaca, NY $66,290 573
16 University of California–Los Angeles (Anderson) Los Angeles, CA $59,866 723
17 (tie) Carnegie Mellon University (Tepper) Pittsburgh, PA $65,000 465
17 (tie) University of Southern California (Marshall) Los Angeles, CA $63,096 449
19 (tie) University of North Carolina–Chapel Hill (Kenan-Flagler) Chapel Hill, NC $45,915 556
19 (tie) University of Texas–Austin (McCombs) Austin, TX $40,622 551
21 (tie) Emory University (Goizueta) Atlanta, GA $62,000 349
21 (tie) Indiana University (Kelley) Bloomington, IN $27,053 388
21 (tie) University of Washington (Foster) Seattle, WA $34,323 223
24 Georgetown University (McDonough) Washington, DC $58,500 541
25 University of Florida (Warrington) Gainesville, FL $12,737 95
26 (tie) Rice University (Jones) Houston, TX $58,000 236
26 (tie) University of Notre Dame (Mendoza) Notre Dame, IN $54,120 281
26 (tie) Washington University in St. Louis (Olin) St. Louis, MO $59,950 273
29 (tie) Georgia Institute of Technology (Scheller) Atlanta, GA $29,232 167
29 (tie) Vanderbilt University (Owen) Nashville, TN $56,150 351
31 Ohio State University (Fisher) Columbus, OH $30,120 181
32 Brigham Young University (Marriott) Provo, UT $13,450 (Church of Jesus Christ of Latter-day Saints members) 280
33 (tie) Arizona State University (W.P. Carey) Tempe, AZ $28,406 195
33 (tie) Pennsylvania State University–University Park (Smeal) University Park, PA $26,422 117
35 (tie) University of Minnesota–Twin Cities (Carlson) Minneapolis, MN $39,000 188
35 (tie) University of Wisconsin–Madison Madison, WI $19,162 183
37 University of Georgia (Terry) Athens, GA $13,404 102
38 (tie) Michigan State University (Broad) East Lansing, MI $31,824 157
38 (tie) University of Texas–Dallas Richardson, TX $14,068 101
40 (tie) Texas A&M University–College Station (Mays) College Station, TX $53,430 123
40 (tie) University of Maryland–College Park (Smith) College Park, MD $44,766 155
40 (tie) University of Rochester (Simon) Rochester, NY $46,000 209
43 (tie) Boston College (Carroll) Chestnut Hill, MA $51,200 156
43 (tie) Southern Methodist University (Cox) Dallas, TX $45,975 225
43 (tie) University of California–Irvine (Merage) Irvine, CA $45,288 157
43 (tie) University of Pittsburgh (Katz) Pittsburgh, PA $45,564 120
47 (tie) Iowa State University Ames, IA $11,542 79
47 (tie) University of California–Davis Davis, CA $37,440 91
47 (tie) University of Illinois–Urbana-Champaign Champaign, IL $48,760 94
50 (tie) Boston University (Questrom) Boston, MA $53,994 320
50 (tie) University of Alabama (Manderson) Tuscaloosa, AL $10,780 314
52 (tie) CUNY Bernard M. Baruch College (Zicklin) New York, NY $15,840 75
52 (tie) University of Arizona (Eller) Tucson, AZ $11,716 79
54 (tie) College of William and Mary (Mason) Williamsburg, VA $33,108 204
54 (tie) University of Tennessee–Knoxville (Haslam) Knoxville, TN $11,244 100
54 (tie) University of Utah (Eccles) Salt Lake City, UT $30,000 119
57 Baylor University (Hankamer) Waco, TX $41,194 84
58 (tie) Northeastern University Boston, MA $88,000 160
58 (tie) Rutgers, The State University of New Jersey–Newark and New Brunswick Newark, NJ $53,844 121
58 (tie) University of Oklahoma (Price) Oklahoma City, OK $34,000 69
61 (tie) George Washington University Washington, DC $52,785 129
61 (tie) Texas Christian University (Neeley) Fort Worth, TX $44,010 92
63 (tie) Babson College (Olin) Babson Park, MA $111,952 344
63 (tie) Fordham University (Gabelli) New York, NY $96,875 100
63 (tie) Tulane University (Freeman) New Orleans, LA $52,918 73
66 University at Buffalo–SUNY Buffalo, NY $14,850 209
67 (tie) Howard University Washington, DC $33,996 50
67 (tie) University of Kentucky (Gatton) Lexington, KY $32,906 65
69 (tie) Auburn University (Harbert) Auburn, AL $14,445 77
69 (tie) Louisiana State University–Baton Rouge (Ourso) Baton Rouge, LA $36,800 84
69 (tie) University of California–San Diego (Rady) San Diego, CA $50,717 102
69 (tie) University of Missouri (Trulaske) Columbia, MO $20,953 82
73 Oklahoma State University (Spears) Stillwater, OK $230 per credit 53
74 (tie) Case Western Reserve University (Weatherhead) Cleveland, OH $40,560 95
74 (tie) Pepperdine University (Graziadio) Malibu, CA $49,750 116
74 (tie) Purdue University–West Lafayette (Krannert) West Lafayette, IN $9,208 93
74 (tie) University of Massachusetts–Amherst (Isenberg) Amherst, MA $14,280 56
74 (tie) University of South Carolina (Moore) Columbia, SC $43,142 47
79 (tie) Clemson University Greenville, SC $19,226 121
79 (tie) Florida State University Tallahassee, FL $480 per credit 54
79 (tie) University of Colorado–Boulder (Leeds) Boulder, CO $49,500 194
79 (tie) University of Connecticut Hartford, CT $15,352 94
83 Stevens Institute of Technology Hoboken, NJ $35,960 595
84 Drexel University (LeBow) Philadelphia, PA N/A 38
85 (tie) Chapman University (Argyros) Orange, CA $1,655 per credit 59
85 (tie) North Carolina State University (Poole) Raleigh, NC $23,042 95
87 (tie) University of Arkansas–Fayetteville (Walton) Fayetteville, AR N/A 39
87 (tie) University of Louisville Louisville, KY $32,000 52
89 (tie) Binghamton University–SUNY Binghamton, NY $14,850 132
89 (tie) Syracuse University (Whitman) Syracuse, NY $1,559 per credit 45
91 (tie) University of California–Riverside (Anderson) Riverside, CA $39,213 113
91 (tie) University of Denver (Daniels) Denver, CO $90,400 55
93 (tie) Rochester Institute of Technology (Saunders) Rochester, NY $45,520 126
93 (tie) University of Kansas Lawrence, KS $681 per credit 57
95 (tie) University of Houston (Bauer) Houston, TX $24,437 70
95 (tie) University of South Florida Tampa, FL $467 per credit 52
97 (tie) University of Cincinnati (Lindner) Cincinnati, OH $28,920 71
97 (tie) University of Oregon (Lundquist) Eugene, OR $28,377 123
99 Alfred University Alfred, NY $38,020 22
99 American University (Kogod) Washington, DC $83,692 63
99 Appalachian State University (Walker) Boone, NC $12,459 67
99 Belmont University (Massey) Nashville, TN $58,880 31
99 Boise State University Boise, ID $10,364 63
99 Clark University Worcester, MA $69,595 84
99 Clarkson University Potsdam, NY $52,744 68
99 College of Charleston Charleston, SC $27,274 41
99 Duquesne University (Palumbo-Donahue) Pittsburgh, PA $51,603 14
99 John Carroll University (Boler) University Heights, OH $900 per credit 93
99 La Salle University Philadelphia, PA $24,450 48
99 Louisiana Tech University Ruston, LA $6,592 33
99 Mercer University–Atlanta (Stetson) Atlanta, GA $818 per credit 46
99 North Carolina A&T State University Greensboro, NC $4,744 135
99 Northern Arizona University (Franke) Flagstaff, AZ $9,796 39
99 Oregon State University Corvallis, OR $57,150 146
99 Pace University (Lubin) New York, NY $1,267 per credit 187
99 Quinnipiac University Hamden, CT $1,035 per credit 158
99 San Diego State University (Fowler) San Diego, CA $15,132 116
99 St. John Fisher College Rochester, NY $1,130 per credit 53
99 Texas Tech University (Rawls) Lubbock, TX $13,144 105
99 University at Albany–SUNY Albany, NY $14,850 115
99 University of Delaware (Lerner) Newark, DE $825 per credit 101
99 University of Detroit Mercy Detroit, MI $1,579 per credit 31
99 University of Mississippi University, MS $810 per credit 41
99 University of New Hampshire (Paul) Durham, NH $39,000 28
99 University of San Diego San Diego, CA $1,475 per credit 80
99 University of San Francisco San Francisco, CA $1,475 per credit 65
99 University of Texas–San Antonio San Antonio, TX $5,615 54
99 University of Toledo Toledo, OH $539 per credit 425
99 University of Vermont Burlington, VT $32,028 41
99 West Texas A&M University Canyon, TX $10,037 150
99 Willamette University (Atkinson) Salem, OR $41,900 126

Source: U.S. News