It’s been a good week for Chicago’s two top business schools. University of Chicago’s Booth School was just named the bestÂ MBA programs in the world by the Economist, with Northwestern’s Kellogg School climbing nine spots on the prestigious list to No. 14.
Lists like the one the Economist published, which are part data analysis and part subjective, are useful for prospective students when choosing a college. But when deciding between a handful of elite (and expensive) schools, one metric matters more than the rest: How will it help me get a job?
To help answer that, the Princeton Review recently published its top 10 list of business schools for career prospects in 2015. The Princeton Review looked at average starting salary and the percentage of graduates employed three months after leaving school. It also took into account results from student surveys with asked aboutÂ the efforts the placement office makes on behalf of students, the quality of companies that recruit on campus, the level of preparation students feel they have reached, and opportunities for off-campus projects, internships and mentorships, according to Forbes.
Booth came in at No. 7 on the list. Three months after graduation 91 percent of its students were employed, with an average base starting salary of $116,000.
Kellogg, also had 91 percent of its graduates finding work within three months, with a $119,000 starting salary. Presumably, it didn’t fare as well on the subjective part of the evaluation, knocking it a few spots down from Booth.