Ricardo Guimarães: Forbes Magazine Ranks Top American Business Schools

 

A newly released publication of Forbes Magazine ranks the top American business schools during the year 2015. The report says that students who would like to earn an MBA degree in one of the top American colleges would most likely need to pay $110,000 for each year and have a minimum score of seven hundred on the GMAT.

Here is the Forbes ranking of the top ten business colleges in the U.S.A. and the respective admissions requirements and acceptance rates:

1) Stanford Graduate School of Business
This school has tuition cost of $126,000. Stanford requires at least a score of seven hundred thirty points for admission.

2) Harvard Business School
In second place among American business schools is Harvard University, which has an yearly costs in the amount of $139,000. The institution requires at least a score of seven hundred thirty points. Only 7% of the applicants were approved.

3) Booth School of Business
Booth requires a minimum score of seven hundred thirty points on the GMAT and the university only approved about 24% of candidates. Ricardo Guimarães of BMG Bank, reports that the annual cost of tuition is $128,000.

4) The Wharton School
The annual cost of tuition is approximately $137,000 a year. Also, Wharton requires a minimum GMAT score of 728 points which resulted in an approval rate of 20%.

5) Haas School of Business
Haas requires a minimum score of seven hundred twenty points and is the least expensive institution on the list, says Ricardo Guimarães. The annual tuition cost is about $110,000. The approval rate in 2015 was only 13%.

6) Tuck School of Business
Tuck has the same minimum GMAT score requirement as Hass of seven hundred twenty points. The average yearly cost is $135,000 and around 22% of admissions applications were approved.

7) Yale School of Management
Yale also requires at least GMAT score of seven hundred twenty points. Yale approved 24% of applications and has yearly cost of about $124,000.

8) The Kellogg Management School
Yearly tuition cost at Kellogg are $127,600. Kellogg requires applicants to have at least a score of seven hundred twenty on the GMAT.

9) Columbia School of Business
In addition to requiring a minimum score of seven hundred sixteen points candidates must be able to pay $136,000 a year if they want to attend. The approval rate was 18% of applicants.

10) Leonard Stern Business School
L.S. Business School has a seven hundred ten on the GMAT and tuition cost around $131,000 a year.

Ricardo Guimarães, of Belo Horizonte, is President of Banoc BMG. Guimarães has worked in some capacity with the bank for more than 20 years. Guimarães is an influential businessman in Brazil and is highly regarded for his professional finance publications.