Top 20 MBA Programs in the US

The top MBA programs in the US are a popular bet to advance your business career. We all hear that furthering your education is important, but how does going to college and getting your degree really pay off? Is it the experience? The fact that it broadens your horizons? Well, it might be all of these, but, most of all, a college degree is usually correlated with a higher paycheck.

We would like to present you with a list we have compiled of the top 20 MBA programs in the US, ranked to total gain for a period of 5 years since graduating. The figures used in the making of the countdown are taken from statistics issued earlier this year by Forbes Magazine.

Curious to see if your school has made it on the list? Let’s take a look at the countdown of the top MBA programs in the US.

No. 20: University of Iowa: Tippie College of Business (Iowa City, Iowa)

top MBA programs in the US

Total 5-year gain: $60.800

Years it takes to pay back: 3.4

Pre-MBA salary: $46.000

Post-MBA salary (2012): $118.000

No. 19: Indiana University: Kelley School of Business (Bloomington, Indiana)

top MBA programs in the US

Total 5-year gain: $62.000

Years it takes to pay back: 3.4

Pre-MBA salary: $50.000

Post-MBA salary (2012): $120.000

No. 18: Yale School of Management (New Haven, Connecticut)

top MBA programs in the US

Total 5-year gain: $62.100

Years it takes to pay back: 3.8

Pre-MBA salary: $54.000

Post-MBA salary (2012): $144.000

No. 17: Brigham Young: Marriott School of Business (Provo, Utah)

top MBA programs in the US

Total 5-year gain: $64.100

Years it takes to pay back: 3.2

Pre-MBA salary: $50.000

Post-MBA salary (2012): $109.000

No. 16: Carnegie Mellon: Tepper School of Business (Pittsburgh, Pennsylvania)

top universities to work for

Total 5-year gain: $64.300

Years it takes to pay back: 3.7

Pre-MBA salary: $60.000

Post-MBA salary (2012): $135.000

No. 15: University of Virginia: Darden School of Business (Charlottesville, Virginia)

top MBA programs in the US

Total 5-year gain: $64.700

Years it takes to pay back: 3.8

Pre-MBA salary: $67.000

Post-MBA salary (2012): $158.000

No. 14: UC Berkeley: Haas School of Business (Berkeley, California)

top MBA programs in the US

Total 5-year gain: $65.400

Years it takes to pay back: 4

Pre-MBA salary: $71.000

Post-MBA salary (2012): $175.000

No. 13: UCLA: Anderson School of Management (Los Angeles, California)

top MBA programs in the US

Total 5-year gain: $66.100

Years it takes to pay back: 3.8

Pre-MBA salary: $65.000

Post-MBA salary (2012): $165.000

No. 12: MIT Sloan School of Management (Cambridge, Massachusetts)

top MBA programs in the US

Total 5-year gain: $66.000

Years it takes to pay back: 4

Pre-MBA salary: $70.000

Post-MBA salary (2012): $185.000

No. 11: University of North Carolina: Kenan-Flagler Business School (Chapel Hill, North Carolina)

top MBA programs in the US

Total 5-year gain: $67.100

Years it takes to pay back: 3.7

Pre-MBA salary: $60.000

Post-MBA salary (2012): $141.000

No. 10: University of Michigan: Ross School of Business (Ann Arbor, Michigan)

top MBA programs in the US

Total 5-year gain: $68.000

Years it takes to pay back: 3.7

Pre-MBA salary: $61.000

Post-MBA salary (2012): $153.000

No. 9: Cornell University: Samuel Curtis Johnson Graduate School of Management (Ithaca, New York)

top MBA programs in the US

Total 5-year gain: $68.100

Years it takes to pay back: 3.8

Pre-MBA salary: $59.000

Post-MBA salary (2012): $155.000

No. 8: Duke University: Fuqua School of Business (Durham, North Carolina)

top MBA programs in the US

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No. 7: Columbia Business School (New York, New York)

top MBA programs in the US

Total 5-year gain: $70.200

Years it takes to pay back: 3.9

Pre-MBA salary: $74.000

Post-MBA salary (2012): $192.000

No. 6: Dartmouth: Tuck School of Business (Hanover, New Hampshire)

top MBA programs in the US

Total 5-year gain: $71.000

Years it takes to pay back: 3.9

Pre-MBA salary: $72.000

Post-MBA salary (2012): $189.000

No. 5: Northwestern University: Kellogg School of Management (Evanston, Illinois)

top MBA programs in the US

Total 5-year gain: $73.100

Years it takes to pay back: 3.8

Pre-MBA salary: $73.000

Post-MBA salary (2012): $176.000

No. 4: University of Pennsylvania: Wharton School of Business (Philadelphia, Pennsylvania)

top MBA programs in the US

Total 5-year gain: $74.400

Years it takes to pay back: 4.0

Pre-MBA salary: $80.000

Post-MBA salary (2012): $205.000

No. 3: Harvard Business School (Cambridge, Massachusetts)

top MBA programs in the US

Total 5-year gain: $79.600

Years it takes to pay back: 4.0

Pre-MBA salary: $80.000

Post-MBA salary (2012): $205.000

No. 2: University of Chicago: Booth School of Business (Chicago, Illinois)

Chicago-Booth-Business-

Total 5-year gain: $92.000

Years it takes to pay back: 3.7

Pre-MBA salary: $76.000

Post-MBA salary (2012): $200.000

No. 1: Stanford Business School (Stanford, California)

top MBA programs in the US

Total 5-year gain: $99.700

Years it takes to pay back: 4.1

Pre-MBA salary: $80.000

Post-MBA salary (2012): $221.000

If you enjoyed our ranking of the top MBA programs in the country, check out our “Top 10 Universities in the World.”