5. Northwestern - Kellogg
best bschools northwestern kellogg
Index: 94.8
2011 rank: 7
Median GMAT: 708
Acceptance rate: 24%
Median starting salary: $116,605
Recommended two-year budget: $168,908

When you think about the Kellogg School of Management, two distinctive aspects of the MBA experience immediately spring to mind. First off, the school's environment is the ultimate in collaboration and teamwork. Secondly, there is no other school in the world with a stronger reputation in the field of marketing.

Those attributes can often obscure the fact that as one of the world's best schools of general management, Kellogg has become a favorite hunting ground for the world's most prestigious consulting firms. This year, for example, a record 39% of the graduating class landed jobs in consulting at such firms as McKinsey, Boston Consulting Group, and Bain & Co. The reason: they've come to expect especially bright, thoughtful people who are especially good working with others.

Methodology: Poets&Quants' composite list combines the five most influential business school rankings in the world: Bloomberg BusinessWeek, The Economist, The Financial Times, Forbes, and U.S. News & World Report. Instead of merely averaging the five, each ranking is separately weighted to account for our view of their authority and credibility. (The BusinessWeek, Forbes and U.S. News lists are given a weight of 25% each, while the FT is given a 15% weight and The Economist is given a 10% weight).
  @FortuneMagazine - Last updated December 11 2012 12:20 PM ET
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