The Economist measured "the things MBA students themselves say are important" — factors like the diversity of recruiters, faculty radio, student quality and diversity, breadth of the alumni network, tuition costs and the average salary of new graduates — based on data collected from 118 of the leading business schools worldwide.
The Economist notes that the Jones School, which was founded in 1974 and admits approximately 125 students each year, is both young and small by United States standards.
On the weekly newspaper's scorecard, Rice, which rose 14 spots from last year's list, ranks high in faculty quality, career service and salary factors, and low in the diversity of recruiters and the breadth and internationalism of the alumni network.
The Economist notes that the Jones School, which was founded in 1974 and admits approximately 125 students each year, is both young and small by United States standards. It is also "one of the few U.S. schools to be a devotee of action-learning and experiential learning techniques."
The University of Chicago's Booth School of Business took first overall in national and worldwide rankings, followed by Dartmouth College's Tuck School of Business, the University of Virginia's Darden Graduate School of Business Administration, Harvard Business School and Columbia Business School.
Other Lone Star schools on the list include the University of Texas at Austin, which ranked No. 28 worldwide and No. 18 in the U.S. Texas Christian University took No. 71 in the overall ranking and No. 41 stateside.