M7 Bus (2024)

FAQs

What is the easiest M7 business school to get into? ›

University of Chicago's Booth School of Business

With an acceptance rate of 30.1% and an average GPA of 3.56, Booth is one of the easier M7 schools to get into.

While the average GMAT score of M7 business schools may vary from year to year, it typically falls within the range of 730 to 740. Therefore, a good GMAT score should be at least 750 which is 20 points above the average GMAT score of M7 business schools .

What is the salary outlook for M7 MBA graduates? The median salary for M7 MBA graduates within three months of graduation is $146,000, with a median bonus of $30,000. Salaries can vary based on industry and job function, with finance and consulting roles typically offering higher compensation.

M7 refers to the seven most prestigious business schools in the world, with the 'M' standing for 'magnificent' or 'magic', depending on who you ask.

The average MBA student is around 28-29 years old, with most students ranging from mid-twenties to early thirties. However, the average age of MBA students varies a lot and many applicants above and below this average age are admitted to MBA programs.

Stanford, Harvard & MIT Sloan top the list. That Stanford leads the list for the toughest business schools to get into is no surprise. In April 2024, US News reported that just 8.4% of applicants are accepted to the MBA program at Stanford Graduate School of Business.

Successful applicants have a competitive GPA (usually 3.5 or higher) and a high GMAT (typically 720 or above) or GRE score that demonstrates their ability to excel in a rigorous academic environment.

A score of 470 places you in the lower percentile of test-takers, indicating that a significant portion of your peers has achieved higher scores. This can undoubtedly pose challenges in gaining admission to competitive MBA programs, particularly those with stringent admission criteria.

Kellogg offers the cheapest M7 MBA program. At around $240,000 in total, Kellogg's MBA costs almost $20,000 less than the Stanford MBA. Kellogg's affordability is partly due to the school's affordable cost of living. Kellogg has the second cheapest living costs of all the M7 schools.

What are the odds of getting into the M7 MBA? ›

In the 2021-2022 MBA application cycle, only around 7,700 out of more than 40,000 applicants earned admission to an MBA program at one of the vaunted M7 business schools. About 4,700 enrolled that fall. That's a 20.3% acceptance rate and a 60.3% yield.

Harvard Business School (HBS) is arguably the most elite business school within the M7 MBA programs.

If the M7 are (in no particular order) Harvard, Wharton, Stanford GSB, Chicago Booth, Columbia, MIT Sloan, and Northwestern Kellogg, then it follows that the S10 would be, to begin with, UC-Berkeley Haas, Dartmouth Tuck, Yale SOM, Michigan Ross, NYU Stern, Duke Fuqua, and Cornell Johnson (the original 2008 S7), plus ...

The M7 business schools consist of: Harvard Business School, Stanford Graduate School of Business, Wharton, Columbia Business School, Chicago Booth, Kellogg School of Management, and MIT Sloan. Attending any of these MBA schools, you can expect a top-notch business education and robust career opportunities.

Another seven U.S. schools, Darden (Virginia), Fuqua (Duke), Haas (Berkeley), Stern (NYU), Tuck (Dartmouth), and Yale SOM, have been ranked with the so-called “M7” schools but none has established itself consistently in the top seven.

What are the typical admission requirements for M7 MBA programs? Typical requirements include a competitive GMAT or GRE score, relevant work experience, strong academic records, leadership qualities, and compelling essays and recommendations.