The Haas Undergraduate Program ranked #1 among business schools based on their 20-year return on investment in a recent ranking, while the Full-time Berkeley MBA Program placed #6 among US schools in a ranking by Spanish-speaking publication CNN Expansión.
Haas was the only business school to have a 20-year ROI of more than $1 million for California residents and more than $900,000 for out-of-state residents, according to a ranking compiled by the salary-tracking website PayScale. PayScale estimated the annual ROI of a Haas undergrad degree at 11.6 percent for California residents and 8.6 percent for out-of-state residents.
PayScale calculated the ROI by determining the total income a graduate will earn 20 years after graduation, minus both what they would have earned as a high school graduate and the cost of college, minus the average financial aid amount awarded to students at that school.
See the ranking at payscale.com/college-roi/full-list/by-major/Business.
Full-time MBA Ranking
In the CNN Expansión ranking, the Full-time Berkeley MBA Program again ranked #6 among U.S. schools and #8 worldwide.
The ranking is based on data supplied by participating business schools and an Expansión readership survey. It considers:
- Academic quality: GMAT scores, faculty research (as published in the Financial Times), and percentage of faculty with PhDs.
- Return on investment, based on post-graduation salaries.
- A program’s internationalization: percent of international students and number of countries represented.
- A program’s reputation among Expansion’s readership.
The U.S. ranking is in keeping with other sources that evaluate our Full-time MBA Program. For example, the full-time program was ranked #3 by The Economist, #7 by U.S. News, and #8 by the Financial Times.
See the CNN Expansión ranking at cnnexpansion.com/tablas/2014/03/05/los-mejores-mba-globales-2014.