Did you study business as an undergrad? What was the one thing that helped you make the decision to study at a specific university?
Today, prospective business school students pay attention to other parameters besides published “best of” lists, such as the amount of debt incurred on the way to their degree. One possible way to mitigate this resides in 529 plans. But prospective students can also look at potential salaries, which can help them pay down the debt once they start working.
A recent Bloomberg Businessweek report appropriately titled “Best undergraduate business schools, 2016,” details a survey of nearly 30,000 students and recruiters at almost 600 companies. The report, which has rated the top U.S. undergraduate business programs since 2006, ranked the colleges using four main metrics:
- An employer survey
- A student survey
- Starting salaries (or the base salary of students who lined up jobs right after graduation)
- The percentage of a school's graduates who had at least one internship during college.
(You can read the full methodology on the Bloomberg article here.)
Here are the top 20 undergraduate business programs from Bloomberg's list of around 115 schools:
Employer survey rank: 15.
Student survey rank: 29.
Salary rank: 41.
Internship rank: 55.
(Image: Penn State Smeal Facebook)
|No. 19: Pennsylvania State University (Smeal)
Last year's rank: 30.
Employer survey rank: 8.
Student survey rank: 38.
Salary rank: 40.
Internship rank: 61.
Employer survey rank: 19.
Student survey rank: 20.
Salary rank: 37.
Internship rank: 34.
Employer survey rank: 49.
Student survey rank: 17.
Salary rank: 4.
Internship rank: 14.
Employer survey rank: 66.
Student survey rank: 14.
Salary rank: 1.
Internship rank: 8.
Employer survey rank: 51.
Student survey rank: 9.
Salary rank: 14.
Internship rank: 11.
Employer survey rank: 7.
Student survey rank: 18.
Salary rank: 65.
Internship rank: 37.
Employer survey rank: 54.
Student survey rank: 6.
Salary rank: 12.
Internship rank: 5.
Employer survey rank: 39.
Student survey rank: 3.
Salary rank: 28.
Internship rank: 41.
Employer survey rank: 67.
Student survey rank: 4.
Salary rank: 2.
Internship rank: 9.
Employer survey rank: 3.
Student survey rank: 19.
Salary rank: 53.
Internship rank: 25.
Employer survey rank: 6.
Student survey rank: 34.
Salary rank: 8.
Internship rank: 16.
(Image: Ross School of Business Facebook)
No. 8: University of Michigan – Ann Arbor (Ross)
Last year's rank: 12.
Employer survey rank: 27.
Student survey rank: 15.
Salary rank: 6.
Internship rank: 3.
(Image: University of North Carolina, Kenan-Flagerl Business School Facebook)
|No. 7: University of North Carolina (Kenan-Flagler)
Last year's rank: 10.
Employer survey rank: 28.
Student survey rank: 8.
Salary rank: 9.
Internship rank: 17.
Employer survey rank: 12.
Student survey rank: 12.
Salary rank: 15.
Internship rank: 7.
Employer survey rank: 43.
Student survey rank: 2.
Salary rank: 3.
Internship rank: 6.
Employer survey rank: 4.
Student survey rank: 13.
Salary rank: 19.
Internship rank: 18.
Employer survey rank: 5.
Student survey rank: 5.
Salary rank: 17.
Internship rank: 12.
Employer survey rank: 18.
Student survey rank: 1.
Salary rank: 13.
Internship rank: 31.
Employer survey rank: 2.
Student survey rank: 10.
Salary rank: 29.
Internship rank: 15.
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