MBA Rankings: The Best Global Business Schools — Business Insider

Wharton School at University of Pennsylvania has topped Business Insider’s annual MBA ranking of the top 50 business schools globally.

The US based school topped the business website’s list for the first time in its six year history.

Wharton leads the pack of US schools which have dominated the ranking: of 50 schools, 10 are European; three Asian.

Business Insider evaluated schools based on five metrics: reputation (determined through an annual reader survey); average starting salary after graduation; job placement rate three months after graduation; averageGMAT score; tuition and fees.

Wharton is something of an all-rounder: its strong reputation, fat graduation salaries and 95% MBA employment rate ensured its success. Wharton grads earned on average $127,300. Notable graduates include Jeff Weiner, LinkedIn's chief executive.

Chicago’s Booth School took no 2, mostly down to its MBAs being virtually guaranteed a job — 98% were hired within three months — the highest of all schools ranked. Its top five employers areMcKinsey, BCG, Bain, Amazon and Bank of America. Average starting salaries for Booth MBAs are $125,000.

Harvard claimed the third spot. The $141,900 cost of its MBA held it back, despite high salaries. Graduates of the world’s oldest MBA program are earning a meaty $131,600; 91% are employed in three months. Top alumni include Facebook COO Sheryl Sandberg and JPMorgan Chase CEO Jamie Dimon.