Acceptance Rates & Yield At the Top 100 U.S. MBA Programs – My MBA Career

Last Updated on April 18, 2024 by Robert C. Hoopes

Acceptance rates at the top MBA programs in the United States have been on the rise for the second year in a row, according to the latest data. More than half of the top 50 schools saw an increase in acceptance rates, with seven of the top 10 MBA programs and 18 of the top 25 reporting higher acceptance rates.

This increase can be attributed to a decline in MBA applications for the second consecutive year, leading schools to be more generous in their admissions process. With a decrease in the number of admits and enrollment at many top business schools, institutions have been more lenient in their admissions process.

In response to the changing landscape, many B-schools have increased their enrollment, with some programs growing their class sizes by over 100 seats. The top 10 MBA programs have seen a significant increase in acceptance rates over the past two years, rising from 14.5% in 2016 to 27.8% in 2023.

While the trend seems to be towards opening the gates wider for MBA applicants, only nine schools in the top 100 reported acceptance rates below 20% in 2023. The highest acceptance rate was at Dartmouth Tuck School of Business at 40.1%, while Stanford Graduate School of Business reported the lowest acceptance rate at 8.4%.

Despite the overall trend of increasing acceptance rates, some schools have become more selective in their admissions process. As the landscape of MBA admissions continues to evolve, prospective students will need to carefully consider their options and strategies for getting into their desired program.