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Ranking of MBA Programs – Based on Placement and Average Earnings

Yale   

Yale

 

(hit the header if you are unable to see a table)

Top Ten Business Schools in USA according Forbes ‘top financial business leaders’

School Placement Salary US $ Signing amount US $ Tuition Costs US $
Harvard 40% placed in NE USA 93,000 20,000 64,000
Columbia 10% hired in Europe,5% hired in Asia,3% hired in Latin America 90,000 25,000 67,000
Chicago 35% hired in Midwest USA, 25% placed in NE USA 85,000 20,000 67,000
Dartmouth 60% placed in NE USA 87,000 20,000 67,000
Yale 65% hired in NE USA 85,000 18,000 65,000
Wharton 40% placed in NE USA 85,000 20,000 58,000
Stanford 55% hired in west USA 95,000 20,000 70,000
Kenan-Flager (UNC) 35% placed in South USA 82,000 15,000 54,000
Kellog 35% hired in Midwest,15% placed in NE and 15% placed in West USA 85,000 20,000 66,000
Darden 35% placed in NE,20% hired in Mid Atlantic,and 13% placed in South USA 85,000 20,000 64,000


RELATED ARTICLES

Average MBA Starting Salaries

MBA – American Universities With Financial Help

Getting into a Top MBA Program

Business School Essay Topics

Are Green-Horn Applicants Acceptable by Business Schools?

WSJ Rankings Comparison of Top Business Schools

Career Enhancement Potential’ Ranking of Business Schools-Financial Times

Top Business Schools – WSJ Ranking 2007

Recruiters’ Top MBA

Comments about The Best B-Schools of 2006

B-Schools Ranking – Placement within 3 months

All You Wanted to Know about Top MBA Programs – BW

MBA DEADLINES

Canadian MBA

Some Clear concepts about Financing your education

I have been frequently pointing out that a student’s admission process should not start with the premises that he will go for studies only if financial aid is available.

In my recent postings I have discussed this very elaborately.

Since this is the admission applying season and every body is concerned about financial help given by the universities I will explain this in more details.

Please note that what I am saying is general in nature.

Let us examine the mind of a normal student aspiring to study in America.

1. He wants to go to the best Ranked University. Well who doesn’t?

2. He wants to get financial aid to cover his expenses at least partly if not fully. Tell me a person without this desire.

3.He wants complete security of job placement after the completion of studies.Every body is or should be concerned about it.

The hierarchy of these wants need not be in the order it is mentioned.This will change according to the students circumstances.

1. If a student can afford the expenses his demand for admission in a ranked university becomes primary requirement.

2. If the student cannot afford the costs his requirement for financial aid takes precedent over admission in a top ranked university.

Every applicant can be put in one of the following situations.

DESIRES A FINANCES QUALIFICATIONS

1. Admit in a Ranked Univ Can afford it Has perquisites of admission

2. Admit in a Ranked Univ Cannot afford it Has perquisites of admission & Financial Help

3. Admit in a Ranked Univ Cannot afford it Does not have perquisites

# 1 is I’m OK you are OK situation

# 2 is I’m not OK you are Ok situation

# 3 is I’m not OK you are not OK situation

Situation # 3 causes a lot of frustration. Why? Because at this stage the applicant cannot do anything about his credentials.

There are chances that conflict in #1 and #2 may be resolved under certain circumstances.

So my suggestion is that every applicant should put himself in one of the three slots mentioned above and then work out a strategy as to how to succeed.

About Costs or Financial Help

I have been stressing in my mails that getting financial help is very difficult and not readily available unless you adopt some professional method of selling yourself.

However I have also been saying that if a student is determined he can always find ways to overcome the situation.

There are several other means to finance your study please probe them

About Your Specific Questions

There are certain schools offering international students some kind of financial help.

A list of these is given in the files section under business studies folder.However this will be applicable only if you fall under situation #2 above.

Good Luck

NBS

Slash college expences

With the increase in the costs of College Studies people have started thinking about the ways to reduce it.
Here are 10 ways suggested by Christina Couch at www.Bankrate.com.

Savvy ways to slash college expenses

1.Get college credit in high school

2.Cash in on tax credits

3.Get rewarded for your service

4. Work for the college itself

5.Transfer from a community college

6.Pay lower prices at out-of-state schools

7.Tap home equity

8.Qualify for free money as an independent

9.Work your way through a “work college”

10.Move out-of-state for a year

For More Details and explanation of the above go to —

List of scholarship resources

1. http://www.StudentScholarshipSearch.com

Find scholarships and other financial aid resources here.

2. http://www.ScholarshipPoints.com

Earn Points

3. http://www.FastWeb.com

Over 1.3 million Scholarships


4. http://www.CollegeBoard.com

Connect to College Success

5. http://www.sfa.ufl.edu:16080/scholarshipcafe/

Find Your Money

6. http://www.uncf.org/scholarships

For Students : Scholarships


7. http://www.internationalscholarships.com

Premier Scholarship Database

8. http://www.FinancialAidPodcast.com

Daily free financial aid internet radio, no iPod required

MBA – American Universities With Financial Help

(If you cannot view the table properly please click the Headline of the article)

School

State

Mean GMAT: Full-time Students

Minimum TOEFL Score

Availability of aid

U.S. News Rank

Brigham Young University (Marriott)

UT

653

240

Aid available (international students)

40

Carnegie Mellon University (Tepper)

PA

691

250

Aid available (international students)

17

Cornell University (Johnson)

International students have several options available if they wish to borrow to help meet their educational costs. The Johnson School has partnered with Citibank to offer its international students up to $23,000 in loan funds. Students must have verifiable assets equal to or greater than the amount of the loan they are requesting. This loan requires no cosigner, but offers a cosigner option if the student borrower does not have the required assets to qualify for the loan. The cosigner (regardless of citizenship) must document they have the assets to qualify for the loan. The Access Group also offers a signature loan to international students with a three-year credit history in the United States.

Student loans may not be used on the declaration of finances form. Once you receive your student visa you can apply for student loans

NY

673

250

Fellowships available: 55
Aid available (international students)

The Johnson School has over $1 million in merit-based scholarship funds to award each year to new and returning students.

Almost 30 percent of Johnson School students receive some scholarship.All our scholarships are awarded based on merit regardless of citizenshipolarship assistance.

15

Duke University (Fuqua)

NC

705

250

Aid available (international students)

11

Emory University (Goizueta)

GA

680

250

Aid available (international students)

18

Georgetown University (McDonough)

DC

662

250

Aid available (international students)

27

Georgia Institute of Technology

GA

655

250

Aid available (international students)

32

Harvard University

MA

707

253

Aid available (international students)

1

New York University (Stern)

Stern is proud to offer a comprehensive international student loan program.

NY

700

250

Fellowships available: 370
Teaching assistantships available: 596

Aid available (international students)

13

Ohio State University (Fisher)

OH

664

250

Aid available (international students)

21

Purdue University–West Lafayette (Krannert)

IN

667

230

Aid available (international students)

23

Stanford University

CA

711

250

Aid available (international students)

2

Tulane University (Freeman)

LA

655

250

Aid available (international students)

45

University of California–Berkeley (Haas)

CA

701

230

Aid available (international students)

6

University of California–Davis

CA

678

250

Aid available (international students)

42

University of California–Irvine

CA

658

250

Aid available (international students)

49

University of California–Los Angeles (Anderson)

CA

705

260

Aid available (international students)

11

University of Chicago

Financial aid information is sent to prospective students upon admission to the program. You will not need to apply for scholarships or loans until such time. Chicago GSB offers two loan programs for international students – one that requires a co-signer from the U.S. and one that does not. All ADMITTED international students will be directed to a web site to request a loan application. The loans can be used for the I-20 visa application process.

IL

695

250

Fellowships available: 5
Aid available (international students)

8

University of Florida (Warrington)

FL

666

250

Aid available (international students)

42

University of Georgia (Terry)

GA

663

233

Aid available (international students)

45

University of Maryland–College Park (Smith)

MD

651

250

Aid available (international students)

27

University of Michigan–Ann Arbor (Ross)

MI

690

250

Aid available (international students)

10

University of Minnesota–Twin Cities (Carlson)

MN

655

240

Aid available (international students)

23

University of North Carolina–Chapel Hill (Kenan-Flagler)

The Kenan-Flagler Business School, through a partnership with CFI, offers the EXTRA MBA Loan for international students

No cosigner is required

 

NC

652

250

Fellowships available: 69

Aid available (international students)

Merit fellowships are awarded to 25% of our students. UNC awards are made to international and U.S. students

21

University of Notre Dame (Mendoza)

IN

657

250

Aid available (international students)

32

University of Rochester (Simon)

NY

665

250

Aid available (international students)

23

University of Southern California (Marshall)

CA

685

250

Aid available (international students)

26

University of Texas–Austin (McCombs)

TX

670

260

Fellowships available: 10
Teaching assistantships available: 31

 

Aid available (international students)

18

University of Virginia (Darden)

For international students, there are several merit-based scholarships available as well as student eligibility for third party loans.
In order to borrow money, the amount to be borrowed must be listed on the application for I-20.

VA

680

we do not consider the GPA in our evaluation.

250

Fellowships available:131
Aid available (international students)

14

University of Washington

WA

677

250

Aid available (international students)

18

University of Wisconsin–Madison

WI

658

250

Aid available (international students)

37

Yale University

CT

696

250

Aid available (international students)

15


RELATED ARTICLES

Average MBA Starting Salaries

Ranking of MBA Programs – Based on Placement and Average Earnings

Getting into a Top MBA Program

Business School Essay Topics

Are Green-Horn Applicants Acceptable by Business Schools?

WSJ Rankings Comparison of Top Business Schools

Career Enhancement Potential’ Ranking of Business Schools-Financial Times

Top Business Schools – WSJ Ranking 2007

Recruiters’ Top MBA

Comments about The Best B-Schools of 2006

B-Schools Ranking – Placement within 3 months

All You Wanted to Know about Top MBA Programs – BW

MBA DEADLINES

Canadian MBA

 

Cost of Attending School

YEARLY COST OF ATTENDING UNIVERSITIES FOR NON RESIDENTS.COST IS EQUAL TO FEES +LIVING COSTS.
YEAR IS EQUAL TO TWO SEMESTERS.

(Data Collected in 2005. Please verify and get the latest information from the school’s web site)
.

UPTO $10,000
1.South Dakota State Univ.
2.University of Georgia
3.Utah State University
4.University of Texas, Elpaso
5.Arizona State University
6.Mississippi State Univ.
7.Louisiana Technological University
8.University of Texas, Arlington
9.University of Wyoming
BETWEEN $10,001- $15,000
1.Texas Technological Univ.
2.New Mexico Institute of Mining & Technology
3.University of Missouri, Columbia
4.University of Central Florida
5.University of Nebraska, Lincoln
6.Montana State University
7.University of Louisiana, Lafayette
8.Wichita State University
9.Louisiana State Univ, Baton Rouge
10.University of Alabama, Tuscaloosa
11.University of Arizona, Tuckson
12.North Carolina A&T University
13.University of Texas, Austin
14.Western Michigan Univ.
15.Tennessee Tech. University
16.Univ. of Texas, Dallos
17.Univ. of Mississippi
18.New Mexico State Univ.
19.Idaho State University
20.Cuny, City College
21.University of Houston, Houston
22.University of North Carolina, Charlotte
23.University of Utah
24.University of Neveda, Reno
25.University of Alabama, Huntsville
26.University of Massachusetts, Amherst
27.University of Missouri, Rolla
28.Michigan Technological University
29.University of Dayton
30.New Jersey Institute of Technology
31.State University of New York – Stony Brook


BETWEEN $15,001- $20,000
1.University of South Florida
2.University of Tulsa
3.University of Alabama, Birmingham
4.University of Maryland, Baltimore Country
5.Iowa State University
6.New Jersey Institute of Tech.
7.Soutern Illinois University Carbondale
8.Marquette University
9.University of Iowa
10.University of Akron
11.University of North Carolina, Chapel Hill
12.Portland State University
13.Universtiy of Minnesota, Twin Cities
14.University of Tennessee, Knoxville
15.Texas A&M University, College Station
16.Clemson University
17.Wright State University
18.Suny, College of Enviornment Science & Forestry
19.University of Cincinnati
20.Virginia Polytechnic Univ. & State University
21.University of Hawaii, Manoa
22.Oregon State University
23.Florida International University
24.Michigan State Univ.
25.Georgia Institute of Tech.
26.Illinois Institute of Tech.
27.Howard University
28.Univ.of California, Santa Barbara
29.Rutgers State Univ.of N J
30.George Mason University
31.Univ. of California, San Diego
32.University of South Carolina
33.Northeastern University
34.Ohio University, Athens
35.North Carolina State University , Raleigh
36.Colorado State University
37.Virginia Common Wealth University
38.University of Florida
39.University of Illinois, Urbana Champaign
40.Oakland University
41.University of Toledo
42.University of California , Santa Cruz
43.Wayne State University
44.Worchester Polytechnic Institute
45.Pennsylvania State University, University Park


BETWEEN $20,001- $25,000
1.University of Delaware
2.New York State College at Alfred University
3.Univ. of California, Berkeley
4.Univ.of Connecticut, Storrs
5.University of Illinois , Chicago
6.University of Maryland , College Park
7.Purdue University,West Lafayette
8.University of California, Riverside Bourns
9.University of California, Davis
10.Syracuse University
11.University of Washington, Seattle
12.Southern Methodist Univ.
13.Indiana University, Purdue University, Indiana Polis
14.Yale University
15.Rice University
16.University of Southern California
17.University of Wisconsin, Madison
18.University of California, Los Angeles
19.Drexel University
20.Florida Atlantic University
21.Colorado School of Mines
22.University of Virginia


ABOVE $25,000
1.Duke University
2.Auburn University
3.Clarkson University
4.Case Western Reserve University
5.Stevens Institute of Technology
6.University of California, Irvine
7.Catholic University of America
8.Vanderbilt University
9.Ohio State University
10.Lehigh University
11.California Institute of Technology
12.University of Notre Dame
13.Oregon Graduate Institute of Science&Technology
14.University of Michigan, Ann Arbor
15.Tulane University
16.University of Rochester
17.Cornell University
18.Washington University in St. Louis
19.Northwestern University
20.Boston University
21.Harvard University
22.Princeton University
23.Tufts University
24.John Hopkins University
25.Carnegie Mellon University
26.Columbia University
27.Dartmouth College
28.University of Colorado, Boulder
29.Rensselaer Polytechnic Institute
30.Massachusetts Institute of Technology
31.Brown University
32.Stanford University

About Financial Help

Financial help is a very dicey subject I have discussed about this in detail in several messages.

Every university claims it offers financial help to students and to this they add even international students. Mind you I have used the term financial help and not financial aid. Aid and scholarships are mainly meant for local candidates.This is their marketing technique to attract students.
I have seen universities offering a token aid of 1000-5000 dollars for the first year in order to get more students.
The percentage of students who get aid is different for different universities depending on the program of your study and local situation of availability of funds with the professors. For it is the professors who can offer you research assistantship. Along with this comes fee waiver.
My experience is that percentage of students who get aid sitting in India is negligible.Yes there is a positive aspect to this that percentage who are able to get the assistantships during the first semester of their study is quite high.
The conclusion of the above discussion is that while you should try for financial help you should be prepared to spend for at least first six months. If you get any help you will be lucky. If not there is a great chance for your getting it on joining the university.
If you adopt this strategy your initial efforts and money shall not be futile.
If money is your main concern then I would suggest you apply to universities whose expenses you can afford. There are good universities available with low costs. This in itself can be considered as some sort of financial help.
Good Luck
NBS

Professors Letters FAQ (3)

Let us ask a few basic questions and by answering these your query shall be replied.

What is Professor contacting ?

Why does one write to the professors?

Who should write to the professors?

How does one go about writing to the professors? Or what is the art of contacting the professors?

What are the advantages of writing to the professors?

Are there any negative points in this process?

1.What is Professor contacting?

The process of contacting a professor of a university seeking his advice and help in furthering the aim of the student is known as professor contacting.The aim of the student is elucidated further in point 2 below.

2.Why does one write to the professors?

The aim of the student should be to seek the professors help for hiring him as a Research Assistant.

This point shall be understood if one knows that some professors are sanctioned research funds by the university, private organizations or government bodies. This amount is used by the professor at his discretion.With this amount the professor sets up his research team for achieving the goals for which the money is advanced to him.Thus he hires some researchers.By writing to the professor the student tries to fit into his team.

3.Who should write to the professors?

As a rule you should write to the professors if you

Have excellent academics. A position in the class or university is expected.

Have great GRE and TOEFL scores.

Have some research experience. If you have worked under some one of repute or some professor who has worked or studied in the American university where you are applying it will be excellent.

Lastly it will substantiate your case if you have some published papers in international or Indian journals of repute.

I have mentioned here what a professor looks into while reviewing your application.What weight he assigns to each of these is his circumstances.

If you are applying for PhD then you should definitely contact the professors. However if you are applying for MS or equivalent program then you must verify whether the university grants assistantship for MS candidates before writing to the professors.

Further if you are applying for professional programs or non thesis programs then you need not pursue this.

If you are not meeting the above criteria then there is no need to write to the professors while sitting here. In these circumstances get after assistantship once you reach the university.

4. How does one go about writing to the professors? Or what is the art of contacting the professors?

The first principal like everything in life is that there are no free lunches in this world.

Work out what you can offer the professor and how you can help him.

Find out what research is being carried out by him and how you can contribute to it.Unless you are able to pinpoint this a professor shall not be interested in you.

The second principal is write to him in a “matter of fact way”. Do not mention about any paid assistantship in your first letter.

Remember it is you who needs him.

Thus you must write to only those professors who are doing some research of your interest and where you feel you can comfortably fit in by contributing towards the aim of the research group.

How ? What? and Where about professor contacting is a long story and shall be dealt later.

To sum up

First select the universities where you want to apply

Second select and match your research work with what a professor is doing.Only write to the matching professors.

5.What are the advantages of writing to the professors?

I have explained above about this.If your credentials permit do contact professors for assistantship and admission help.

6. Are there any negative points in this process?

If you write to everyone or pester every professor then it certainly will be wrong.

Good Luck

NBS

Type of Financial Support Available

The most common forms of support are:

Research Assistantship
To be a RA you need to find a professor who has the money and projects to support you. The best way to find these professors is to talk to friends and to take classes from Prof’s you think you might like to work for. If you work hard and do a good job, you might be offered a job. Some professors are more likely to do this than others.

The RA experience can vary depending on who you are working for. Some professors may demand everything from you. Some might say this builds character, while others would say it leads to burnout. In either case, you will find out really quickly if you like what you are doing. Unless you are desperate, ask around before signing up with a prof. Figure out what they demand, and what it is like working for them, etc.
Work done as a RA will often lead into your thesis work, or a masters project, so it is desirable to do something you are interested in. Note that some professors offer cushy RA positions to lure good students into working for them.

Teaching Assistantship
You can get a job as a TA.There is usually a need for good TA’s. You can fill out a sheet with your coursework and/or teaching experience to help place you as a TA.
TA’ing can be a wonderful or horrible experience. Part of this depends on how you like the classroom setting. If you don’t enjoy helping students, dealing with their questions, and standing in front of the classroom, TA’ing is probably not for you. However, it is also an opportunity to influence students who are possibly the next generation of graduate students. In this way it can also be very rewarding.
Some people say that you don’t really know something until you teach it to someone else. Not only is this true, but also, trying to teach something to others will show whether or not you really know it. Don’t let yourself be pressured into a position you don’t think you are capable of handling.
Depending on the classes TA’s might have to do some grading of homeworks or tests. Ask about this so you know what to expect in advance.
Another option is fellowship awards and grants. It is highly recommended that you apply for a fellowship or outside grant for support. Not only does this provide you with the all important “cashola” to cover expenses, but also distinguishes you and the department.

I didn’t get financial support from the department; is there any way to get a job somewhere else??
Yes. There several local research firms that like to hire . These firms will often pay better than what you would get as a RA or TA, but they may demand more too. Often there is a conflict of interest between you finishing your degree, and the company trying to make a profit. You can try out such firms for summer positions and see what it is like to work there. Also, ask people in your field what experience they have had. Most people I have talked to say that it is hard to balance school and a job like this. If you are only getting a masters, this can be a great way to ensure yourself a job after you graduate.
Should I work for my advisor or somewhere else? What are the pros and cons?
In general, if you want to graduate sooner and your advisor has the grant to support you, it is better for you to work for your advisor. The advantages are obvious because it will speed up your graduation process. In addition, the work you do usually contributes directly to your dissertation, generates publications, gains hands-on experiences, and prepares for the post-graduation bootstrap. The downside of working for your advisor is that you probably will be bounded to him/her especially when your advisor is very demanding.

Some Bargains in Fees and Tuition Costs

Total  out of State Tuition / per year including required fees

Less than $3000
Texas A&M University–Kingsville (Dotterweich)

Less than $7000
Brigham Young University (Fulton) UT

Less than $8000
Tennessee State University TN
Louisiana Tech University

Less than $9000
Lawrence Technological University MI
Michigan Technological University
Wichita State University  KS

Less Than $10000
Texas A&M University–College Station (Look)
University of Louisiana–Lafayette
New Mexico Institute of Mining and Technology
University of Georgia
Louisiana State University–Baton Rouge
University of Texas  Dallas
University of Massachusetts–Amherst

Less than $11000
University of Texas–Arlington TX
Lamar University TX
Utah State University
University of Akron OH
University of Utah
University of New Orleans LA
University of Nevada–Reno NV
University of Mississippi MS

Less than $12000
Portland State University (Maseeh) OR
SUNY College of Environmental Science and Forestry NY
SUNY–Binghamton (Watson) NY
SUNY–Stony Brook NY
Tuskegee University AL
University of Alabama–Huntsville
University of Nevada–Las Vegas (Hughes)
University of Oklahoma
University of Texas–Austin
Virginia Tech