Financial Times Business Schools Ranking 20190821051115
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The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded in 1916 to provide accreditation to business schools.
Not all AACSB members are accredited and AACSB does not accredit for-profit schools.
On average, AACSB observes that schools take between four and five years to earn AACSB Accreditation.
The amount of time it will take a school to earn accreditation depends largely on how closely aligned they are with AACSB standards when they apply for eligibility.
The AACSB withdrew recognition by the Council for Higher Education Accreditation in 2016. This is because the AACSB now holds international recognition by the ISO.
History
The American Assembly of Collegiate Schools of Business was founded as an accrediting body in 1916 by a group of seventeen American universities and colleges.
The first accreditations took place in 1919.
For many years, the association accredited only American business schools.
But in the latter part of the twentieth century it advocated a more international approach to business education.
The first school it accredited outside the United States was the University of Alberta in 1968, and the first outside North America was the French business school ESSEC, in 1997.
Robert S. Sullivan, dean of Rady School of Management, became chair of the association in 2013.
The organization is currently led by CEO and President Tom Robinson, who came to AACSB from the CFA Institute, a global association for investment management professionals;
its board is chaired by John A. Elliott, former dean of the University of Connecticut School of Business.
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Chicago Booth Business School
The University of Chicago Booth School of Business is a graduate business school located in Chicago, Illinois, at the University of Chicago. Formerly known as the University of Chicago Graduate School of Business, Chicago Booth is the second-oldest business school in the U.S., the first such school to offer an Executive MBA program, and the first to initiate a Ph.D. program in business. The school was renamed in 2008 following a $300 million endowment gift to the school by alumnus David G. Booth. The school has the third-largest endowment of any business school.
The school's flagship campus is located in the Hyde Park neighborhood of Chicago on the main campus of the university. The school also maintains additional campuses in London and Asia (originally Singapore, but in July 2013 a move to Hong Kong was announced), as well as in downtown Chicago on the Magnificent Mile. In addition to conducting graduate business programs, the school conducts research in the fields of finance, economics, quantitative marketing research, and accounting. Chicago Booth's MBA program is currently ranked first globally by the Economist.
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3D Business School rankings
Rank | Business School | 3D Score |
---|---|---|
#1 | Harvard Business School | 98.2 |
#2 | Wharton Business School | 97.3 |
#3 | Yale School of Management | 96.3 |
#4 | Columbia School of Management | 95.6 |
#5 | Skema Business School | 94.9 |
#6 | Sloan School of Management | 93.6 |
#7 | London Business School | 92.4 |
#8 | Stanford School of Business | 91.6 |
#9 | Kellogg School of Management | 90.4 |
#10 | Haas School of Business | 89.5 |
3D MBA programs tuition costs and fees
Rank | School | Total MBA cost | 2-years tuition |
---|---|---|---|
#1 | Columbia | $168,307 | $106,416 |
#2 | Wharton | $168,000 | $108,018 |
#3 | Stanford | $166,812 | $106,236 |
#4 | Chicago Booth | $165,190 | $101,800 |
#5 | Dartmouth Tuck | $162,750 | $101,400 |
#6 | MIT Sloan | $160,378 | $100,706 |
#7 | Harvard Business School | $158,800 | $100,706 |
#8 | Stern | $157,622 | $94,572 |
#9 | Yale School of Management | $151,982 | $99,800 |