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http://poetsandquants.com/2013/12/09/where-would-you-go-wharton-or-booth/
Not all that long ago, of course, the answer was obvious. As the insiders typically put it, the lineup of the world’s three prestige business schools pretty much came down to H/S/W. But in September, The Wall Street Journal published the rather provocative notion that Wharton is no longer in that elite group with Harvard and Stanford. “We’re hearing (applicants say) Stanford, Harvard or nothing. It used to be Stanford, Harvard or Wharton,” the Journal quoted Jeremy Shinewald, founder of admissions consultant mbaMission, who also weighed in on our question.
After all, Chicago Booth has now placed first in four consecutive rankings of the best U.S. business schools byPoets&Quants. Chicago has been Bloomberg BusinessWeek’s No. 1 school as well on four lists in a row dating back to 2006. This year, Chicago became slightly more selective than Wharton, accepting only 21% of its applicants versus Wharton’s 22% rate. That latter switch occurred because MBA applications to Booth rose 9.9%, higher than any other Top 10 school, while applications fell 5.8% at Wharton, the only Top 10 school registering a decline.
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