For any ranking to be credible, we believe transparency is key.
As part of our annual ranking of the Best Undergraduate Business Programs in the U.S., we collect a trove of data both from schools and alumni. In this story, which we like to call our Data Dump, we publish the data points used in our methodology.
Our ranking methodology evaluates schools on a number of metrics organized into three equally-weighted categories: Admission Standards, Career Outcomes, and Academic Experience.
Below and on the following pages, we show the data from each school used to calculate these categories.
You can read a full explanation of our methodology here. And, in the coming days, we will be publishing more stories analyzing submitted data on a host of metrics such as total cost, average starting salaries, acceptance rates and more. Some of these data points are included in our calculations, some are not, but all can help students and parents evaluate business programs based on the most relevant, up-to-date information.
ADMISSION STANDARDS
The Admission Standards category accounts for one third of a school’s overall ranking score. It includes five metrics:
- Acceptance rate (30%) for the latest incoming class, fall of 2023, as reported by schools on our institutional survey sent to all 91 B-schools ranked by P&Q.
- Diversity average (15%): Average of the percentages of first-generation college students, underrepresented minorities, international students, and women of the latest incoming class. This is collected through our institutional survey.
- Average SAT/ACT converted to SAT score (10%). We use Princeton Reviews ACT to SAT conversion tool when the majority of students report ACT scores to create an average SAT. Scores are collected through our institutional survey.
- Percent of alumni reporting finishing in the top 10% of their high school class, as reported on the alumni survey (30%). This figure is an average of responses for two graduating classes (Class of 2020 and Class of 2021) as reported through our alumni survey.
- Percent of alumni reporting being a National Merit Scholar finalist or semifinalist, as reported on the alumni survey (15%). As with the previous metric, this is an average of two graduating classes and collected through the alumni survey.
Admissions Rank |
School |
Acceptance Rate |
Diversity Average |
Average SAT |
Top 10% Average |
NMS Average |
| 1 | University of Pennsylvania (Wharton) | 4.50% | 29.23% | 1528 | 95.02% | 39.37% |
| 2 | University of Southern California (Marshall) | 7.20% | 33.40% | 1478 | 83.04% | 28.34% |
| 3 | Cornell University (Dyson SC John) | 4.79% | 27.05% | 1520 | 74.17% | 24.29% |
| 4 | Georgetown University (McDonough) | 12.90% | 20.02% | 1413 | 83.77% | 28.41% |
| 5 | University of Notre Dame (Mendoza) | 12.00% | 20.85% | 1456 | 83.50% | 24.61% |
| 6 | University of Virginia (McIntire) | 8.17% | 22.50% | 1417 | 79.80% | 23.57% |
| 7 | New York University (Stern) | 5.20% | 27.48% | 1545 | 74.12% | 15.09% |
| 8 | Carnegie Mellon University (Tepper) | 9.40% | 26.48% | 1516 | 74.25% | 19.32% |
| 9 | University of Michigan (Ross) | 8.90% | 21.75% | 1470 | 78.40% | 19.04% |
| 10 | Georgia Institute of Technology (Scheller) | 19.40% | 25.23% | 1339 | 89.36% | 14.30% |
| 11 | University of North Carolina (Kenan-Flagler) | 8.50% | 20.80% | 1400 | 83.81% | 12.07% |
| 12 | Washington University in St. Louis (Olin) | 11.00% | 27.00% | 1527 | 62.57% | 15.54% |
| 13 | Emory University (Goizueta) | 12.60% | 23.40% | 1465 | 67.28% | 15.88% |
| 14 | Tulane University (Freeman) | 15.10% | 21.63% | 1400 | 60.51% | 21.88% |
| 15 | William & Mary (Mason) | 24.70% | 24.18% | 1409 | 77.48% | 9.74% |
| 16 | Villanova University School of Business | 18.00% | 16.25% | 1458 | 76.80% | 9.17% |
| 17 | Northeastern University (D’Amore-McKim) | 6.10% | 30.60% | 1462 | 55.96% | 4.79% |
| 18 | Boston University (Questrom) | 8.00% | 28.84% | 1406 | 52.36% | 5.34% |
| 19 | University of Illinois (Gies) | 24.17% | 16.53% | 1423.51 | 67.13% | 9.76% |
| 20 | University of Washington (Foster) | 8.50% | 36.88% | 67.40% | 4.35% | |
| 21 | University of Minnesota (Carlson) | 29.27% | 21.05% | 1340 | 72.84% | 4.66% |
| 22 | Wake Forest University | 20.16% | 19.00% | 1465 | 68.53% | 0.00% |
| 23 | University of Miami (Herbert) | 19.52% | 21.66% | 1380 | 56.36% | 9.06% |
| 24 | Lehigh University | 25.00% | 19.75% | 1417 | 62.96% | 7.38% |
| 25 | Indiana University (Kelley) | 34.83% | 20.73% | 1444 | 63.90% | 12.44% |
| 26 | University of Wisconsin-Madison | 16.00% | 20.42% | 1340 | 59.15% | 1.73% |
| 27 | Texas A&M University (Mays) | 28.00% | 22.18% | 1278.5 | 61.27% | 7.28% |
| 28 | University of Richmond (Robins) | 22.52% | 17.88% | 1376 | 52.97% | 9.71% |
| 29 | Purdue University (Daniels) | 19.00% | 17.50% | 1363 | 55.95% | 3.07% |
| 30 | Hult International Business School | 56.00% | 65.50% | 1236 | 50.00% | 4.95% |
| 31 | Florida International University | 32.00% | 33.75% | 1271 | 52.23% | 4.96% |
| 32 | Bucknell University | 26.00% | 20.88% | 1376 | 56.82% | 2.94% |
| 33 | Binghamton University | 24.90% | 21.10% | 1437 | 55.18% | 0.88% |
| 34 | University of Pittsburgh | 28.11% | 17.71% | 1355 | 55.43% | 5.23% |
| 35 | University of Tennessee (Haslam) | 39.00% | 27.10% | 1275 | 59.07% | 2.57% |
| 36 | University of Georgia (Terry) | 40.00% | 17.61% | 1276 | 63.40% | 4.46% |
| 37 | University of Houston (Bauer) | 34.40% | 40.18% | 1285 | 41.66% | 3.18% |
| 38 | Fordham University (Gabelli) | 49.60% | 25.58% | 1409 | 56.57% | 9.15% |
| 39 | Syracuse University (Whitman) | 31.54% | 25.53% | 1330 | 46.54% | 3.97% |
| 40 | Loyola Marymount University | 42.00% | 28.50% | 1338 | 56.67% | 0.00% |
| 41 | Southern Methodist University (Cox) | 48.00% | 20.00% | 1448 | 48.17% | 14.58% |
| 42 | Texas Christian University (Neeley) | 49.19% | 19.30% | 1292 | 56.42% | 10.15% |
| 43 | American University (Kogod) | 42.00% | 24.00% | 1330 | 48.57% | 7.15% |
| 44 | Rutgers Business School – New Brunswick | 41.50% | 25.53% | 1405 | 45.67% | 4.78% |
| 45 | University of Denver (Daniels) | 57.30% | 24.32% | 1375 | 56.63% | 7.69% |
| 46 | St. John’s University (Tobin) | 51.60% | 27.50% | 1224 | 56.48% | 1.91% |
| 47 | University of Evansville (Schroeder) | 72.10% | 29.28% | 1191 | 74.11% | 0.00% |
| 48 | Florida Southern College | 57.00% | 21.50% | 1230 | 56.45% | 7.63% |
| 49 | University of South Carolina (Darla Moore) | 54.17% | 19.74% | 1294 | 55.78% | 5.57% |
| 50 | Providence College | 48.40% | 21.63% | 1322 | 50.56% | 2.50% |
| 51 | Michigan State University (Broad) | 44.40% | 15.32% | 1234.8 | 49.56% | 1.88% |
| 52 | Lipscomb University | 56.41% | 29.02% | 1175 | 50.21% | 0.00% |
| 53 | Saint Louis University (Chaifetz) | 78.50% | 22.98% | 1210 | 66.62% | 5.85% |
| 54 | College of New Jersey | 62.00% | 27.60% | 1216 | 48.55% | 4.63% |
| 55 | Worcester Polytechnic Institute | 44.00% | 11.98% | 56.82% | 10.80% | |
| 56 | University of Arizona (Eller) | 66.28% | 28.88% | 1240 | 48.38% | 3.47% |
| 57 | Hofstra University (Zarb) | 71.00% | 26.50% | 1248 | 53.00% | 4.06% |
| 58 | University of Michigan-Dearborn | 58.00% | 24.35% | 1087 | 44.73% | 3.14% |
| 59 | University of San Diego | 46.70% | 31.73% | 44.85% | 3.46% | |
| 60 | University of Delaware (Lerner) | 55.40% | 19.25% | 1265 | 39.81% | 2.65% |
| 61 | Rochester Institute of Technology (Saunders) | 72.30% | 23.59% | 1279 | 45.84% | 6.09% |
| 62 | Miami University (Farmer) | 75.70% | 14.88% | 1210 | 55.34% | 5.77% |
| 63 | University of Texas at Arlington | 61.80% | 42.56% | 1035 | 29.17% | 0.00% |
| 64 | Elon University (Love) | 67.30% | 16.45% | 1277 | 43.31% | 5.12% |
| 65 | University of Texas at Dallas (Jindal) | 66.00% | 25.26% | 1173 | 37.21% | 3.46% |
| 66 | Drexel University (LeBow) | 84.00% | 27.25% | 1295 | 45.84% | 3.90% |
| 67 | Seton Hall University (Stillman) | 76.00% | 28.65% | 1285 | 36.13% | 5.51% |
| 68 | Seattle University (Albers) | 84.60% | 33.50% | 1245 | 42.91% | 1.85% |
| 69 | San Diego State University | 34.00% | 28.88% | 22.92% | 2.09% | |
| 70 | University of Dayton School of Business Administration | 65.00% | 15.25% | 1267 | 37.06% | 2.49% |
| 71 | University of Kentucky (Gatton) | 92.00% | 19.00% | 1210 | 53.52% | 6.44% |
| 72 | Christopher Newport University | 87.00% | 23.50% | 1255 | 48.69% | 0.00% |
| 73 | Texas Tech University (Rawls) | 71.85% | 24.73% | 1210 | 35.13% | 0.00% |
| 74 | Sacred Heart University | 67.60% | 26.93% | 1237 | 22.80% | 5.37% |
| 75 | University of Utah (Eccles) | 93.00% | 19.25% | 1210 | 52.01% | 2.74% |
| 76 | Ithaca College | 76.00% | 17.00% | 1258 | 35.86% | 4.49% |
| 77 | Towson University | 74.00% | 32.00% | 1195 | 28.21% | 0.00% |
| 78 | Bowling Green State University (Schmidthorst) | 89.40% | 25.82% | 1175 | 41.59% | 0.98% |
| 79 | Marian University (Byrum) | 92.90% | 28.43% | 1057 | 43.47% | 1.73% |
| 80 | Oregon State University | 81.10% | 22.25% | 1132 | 36.97% | 0.86% |
| 81 | University of New Hampshire (Paul) | 68.30% | 16.84% | 1175 | 29.22% | 0.76% |
| 82 | University of Oklahoma (Price) | 81.80% | 21.58% | 1175 | 34.00% | 2.13% |
| 83 | Duquesne University (Palumbo Donahue) | 83.00% | 21.53% | 1218 | 33.90% | 2.38% |
| 84 | Rutgers Business School – Newark | 70.10% | 31.18% | 34.76% | 3.77% | |
| 85 | University of North Carolina-Wilmington (Cameron) | 71.01% | 18.58% | 1176 | 21.67% | 1.90% |
| 86 | Northern Illinois University | 67.90% | 38.85% | 21.38% | 4.05% | |
| 87 | Ohio University | 88.44% | 17.85% | 1175 | 36.59% | 1.53% |
| 88 | University of the Pacific (Eberhardt) | 96.20% | 30.68% | 1101 | 30.92% | 4.17% |
| 89 | Roger Williams University (Gabelli) | 87.86% | 20.19% | 1202 | 22.86% | 2.86% |
| 90 | University of Akron | 97.00% | 28.14% | 1075 | 21.43% | 0.00% |
| 91 | University of Wisconsin-Milwaukee (Lubar) | 81.00% | 30.25% | 14.29% | 0.00% |
