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Recently, U.S. News & World Report released its 2012 Business School rankings wherein it has declared that, Stanford Graduate School of Business has dethroned Harward Business School out of the top spot, and became the most prominent and top ranked B-School. Stanford till last year had tied with Harvard for the lead spot, but was able to claim numero uno possession this year as Harvard’s overall score slipped to 98 from 100. But now Stanford GSB is on the top on the 2012 rankings.

The change at the top of the rankings is far-flung from the only shift that has occurred in the business school realm. M.B.A. programs all over the country are being put on to considerable change in their approach to M.B.A. Esteemed programs like the University of Pennsylvania’s Wharton School, which has the third-ranked international program this year, and the Yale University School of Management, tied for 10th overall, have made changes extensively to their core curriculum so as to prepare & train its students to pursue their careers with such competence & abilities which may be employed globally. The Thunderbird School of Global Management is the top-ranked international M.B.A. program, followed by the University Of South Carolina Moore School Of Business of this year.

How to make the right choice?

No matter whose ranking you prefer, what actually matters is to hold a comprehensive approach when it comes to select a business school. No doubt your school’s ranking and prestige will affect the potential for cultivating that golden MBA rolodex. However, your ability to execute on said potential will be determined primarily by your bent of mind, which demands a cultural and academic fit.  So once you’ve chalked out your choices based upon rank, be sure that somewhere down the line you consider these other factors as well:

• Location and Social Life: Do you prefer lively urban campuses or smaller college towns, where almost everyone is an outsider and folks band together?
• Cost: Most business schools cost a pretty high, but keep in mind that tuition and fees are not the only expenses you will be facing.  Be sure to take into account the cost of living (fooding/lodging/purchasing power) in a particular location before making a decision.
• Teaching Methodologies: Harvard Business School uses the case method entirely, but that may not work for everyone.  Sit-in on courses and determine what teaching methods work best for you.
• Alumni Base: When it comes time to apply for that coveted internship or dream job, you’ll need to utilize all your connections. A large alumni base may offer more opportunities, but smaller groups of former grads are often more loyal… and more likely to help an MBA.

For the Complete Ranking Please visit http://grad-schools.usnews.rankingsandreviews.com/best-graduate-schools/top-business-schools/mba-rankings

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