The reason people go to business school is to get a better/top job and earn more money. So, the best metric to rank b-schools should be their employment reports. This information tells who recruits at each school and the chances a student has to get a particular job based on the number of annual placements and total students at the school.
I've attached a spreadsheet that has the top employers for Chicago, Columbia, Wharton, MIT, and Kellogg as listed on each school's website (Harvard, Stanford, Tuck, and Haas do not provide this information). The obvious conclusion: Columbia and Chicago are best for I-banking, while Kellogg is far and away the best for consulting. Kellogg is also by far the weakest for finance. Wharton is well rounded. MIT does not do particularly well in any one regard (they are only average in consulting - in fact, Columbia shows better).
Based on this information, my overall rankings are as follows: 1. Columbia 2. Chicago 3. Wharton 4. Kellogg 5. MIT
If your preference is consulting / industry, then: 1. Kellogg 2. Columbia 3. Wharton (Wharton hires a great % of M/B/B than Columbia) 4. Chicago 5. MIT
If your preference is finance, then: 1. Chicago 2. Columbia 3. Wharton 4. MIT 5. Kellogg
If your preference is consulting / industry, then: 1. Kellogg 2. Columbia 3. Wharton (Wharton hires a great % of M/B/B than Columbia) 4. Chicago 5. MIT
If your preference is finance, then: 1. Chicago 2. Columbia 3. Wharton 4. MIT 5. Kellogg
The reason people go to business school is to get a better/top job and earn more money. So, the best metric to rank b-schools should be their employment reports. This information tells who recruits at each school and the chances a student has to get a particular job based on the number of annual placements and total students at the school.
I've attached a spreadsheet that has the top employers for Chicago, Columbia, Wharton, MIT, and Kellogg as listed on each school's website (Harvard, Stanford, Tuck, and Haas do not provide this information). The obvious conclusion: Columbia and Chicago are best for I-banking, while Kellogg is far and away the best for consulting. Kellogg is also by far the weakest for finance. Wharton is well rounded. MIT does not do particularly well in any one regard (they are only average in consulting - in fact, Columbia shows better).
Based on this information, my overall rankings are as follows: 1. Columbia 2. Chicago 3. Wharton 4. Kellogg 5. MIT
If your preference is consulting / industry, then: 1. Kellogg 2. Columbia 3. Wharton (Wharton hires a great % of M/B/B than Columbia) 4. Chicago 5. MIT
If your preference is finance, then: 1. Chicago 2. Columbia 3. Wharton 4. MIT 5. Kellogg