There are many good business schools in the United States that are not at the top of the rankings but nonetheless provide excellent education and job prospects.

When it comes to selecting a school, there is sometimes an unhealthy fixation with rankings. Many individuals feel that attending a prestigious school assures success and distinction, which can create an air of exclusivity surrounding these schools.

This mindset is especially common at Ivy League colleges, which have a reputation for being among the most prestigious and competitive universities in the United States. While these colleges tend to rank well on ranking lists, it is crucial to realize that attending a top-ranked school does not ensure success. Personal desire, networking abilities, and professional experience are all important factors in obtaining career success.

It is critical to remember that rankings are not the only element to consider while selecting a business school. While top-ranked colleges may have advantages like as higher brand recognition and larger alumni networks, there are other considerations to consider, such as program offerings, faculty, location, culture, cost, and career opportunities.

Rather than depending just on rankings or reputation, selecting a business school should be a comprehensive decision based on individual requirements and ambitions. To determine the best match for you, you must conduct research and evaluate different schools depending on your preferences and goals.

Here’s a list of the Tier-2 B-schools that one should consider:

1. Foster Business School – 

The Foster School of Business at the University of Washington is a top-ranked MBA program known for its rigorous curriculum, outstanding faculty, and strong focus on experiential learning. The program emphasizes teamwork, leadership, and innovation, preparing students for successful careers in a variety of fields. Foster MBA students have access to a wide range of resources, including a robust career center, networking events, and opportunities to engage with the vibrant Seattle business community. With a high job placement rate and strong alumni network, the Foster MBA program is a popular choice for students seeking a challenging and rewarding business education.

As of 2021, the average starting salary for MBA graduates from Foster School of Business was around $128,000, with a median signing bonus of $30,000. 

For the 2022-2023 admissions cycle, the application deadlines are as follows:

  • Round 3: March 14, 2023 (for domestic applicants only)
  • Round 4: April 25, 2023 (for international applicants only)

2. Fisher College of Business

The Fisher College of Business at The Ohio State University offers a highly regarded MBA program that prepares students for successful careers in a variety of industries. The program is designed to provide a strong foundation in core business principles, while also allowing students to customize their experience with a wide range of elective courses and specialized concentrations. Fisher MBA students have access to a variety of resources, including career coaching, professional development workshops, and networking opportunities with alumni and business leaders. With a strong focus on leadership and experiential learning, the Fisher MBA program equips students with the skills and knowledge needed to succeed in today’s rapidly changing business landscape. According to Fisher College of Business, the average base salary for MBA graduates from their program is $107,000, with a signing bonus of $24,000 and other guaranteed compensation of $16,000.

For the full-time MBA program, the application deadlines for the 2022-2023 academic year are:

  • Round 3: March 3, 2023

For the working professional MBA program, the application deadlines for the 2022-2023 academic year are:

  • Round 4: April 5, 2023

3. UNC Kenan-Flagler Business School

The Kenan-Flagler Business School at the University of North Carolina offers a highly regarded MBA program known for its focus on leadership development and a collaborative, team-oriented learning environment. The program is designed to prepare students for successful careers in a wide range of industries and functions, with a curriculum that combines academic rigor with practical, hands-on experience. The Kenan-Flagler MBA program is highly selective, admitting only a small percentage of applicants each year, and boasts strong career placement statistics with graduates securing positions at some of the world’s top companies.

The average package at Kenan-Flagler MBA is around $130,000, which includes base salary, signing bonus, and other benefits.

For the 2023 intake, the application deadline for Round 3 is April 3, 2023.

4. Owen Graduate School of Management

Owen Graduate School of Management at Vanderbilt University is a top-ranked business school that offers a range of MBA programs, including a full-time MBA, Executive MBA, and Healthcare MBA. The MBA program is designed to develop leaders who can navigate complex business challenges and make strategic decisions. Students can customize their curriculum through a variety of concentrations and specializations, including finance, marketing, and entrepreneurship. The school’s small class size and collaborative culture provide students with personalized attention and opportunities to build strong relationships with faculty and peers.

The average package at Owen MBA is around $120,000. The deadline to apply for the 2023 intake is March 31, 2023 for Round 3 and May 10, 2023 for Round 4.

5. Warrington College of Business

The Warrington College of Business at the University of Florida offers a highly-ranked MBA program designed for students seeking a flexible and customizable curriculum. The program offers a range of concentrations, including entrepreneurship, finance, and marketing, and emphasizes hands-on experience and real-world learning opportunities. Students at Warrington MBA benefit from a diverse and inclusive community, top-tier faculty, and strong connections to the business community through partnerships with major companies and organizations. The program also offers a variety of networking and career development resources, including on-campus recruiting events, mentorship programs, and alumni networks.

For the MBA class of 2020, the median base salary was $95,000, with a range from $65,000 to $145,000. 

For the 2023 intake, the application deadline for Round 3 is May 15, 2023.

6. Goizueta Business School

The Goizueta Business School at Emory University offers a highly-ranked MBA program that emphasizes personalized leadership development, experiential learning, and a global perspective. The program offers a diverse range of elective courses, experiential learning opportunities, and career services to help students achieve their career goals. Students can also pursue joint degrees with other top-ranked programs at Emory, such as the School of Law and the Rollins School of Public Health. Overall, the Goizueta MBA prepares students for leadership roles in a variety of industries and sectors.

the average base salary for Goizueta MBA graduates is around $123,000 per year, with an average signing bonus of $27,000. 

For the 2023 intake, the application deadline for Round 3 is March 9, 2023.

7. McCombs School of Business

The McCombs School of Business at the University of Texas at Austin offers a highly-ranked MBA program that emphasizes innovation, collaboration, and leadership development. With a focus on experiential learning and career preparation, McCombs MBA students have access to numerous resources and opportunities to succeed in their post-MBA goals. The program offers several concentrations, including consulting, entrepreneurship, and finance, among others, to tailor the experience to each student’s interests and career aspirations. The school also boasts a strong alumni network and a commitment to diversity and inclusion.

The average salary package for McCombs MBA graduates is around $123,000 per year, with the top 10% of graduates earning over $200,000 per year. 

For the 2023 intake, the application deadline for Round 3 is March 28, 2023.

8. Jones Graduate School of Business

The Jones Graduate School of Business at Rice University offers a full-time MBA program designed to prepare students for leadership positions in various industries. The program emphasizes experiential learning, global perspectives, and personalized coaching. Students can choose from a variety of concentrations, including finance, healthcare, consulting, and energy. The program also offers numerous opportunities for students to gain practical experience, including internships, experiential projects, and consulting engagements. Graduates of the program have gone on to successful careers in a variety of industries and companies, including consulting firms, investment banks, tech companies, and healthcare organizations.

As per the 2021 Employment Report, the average base salary for the Jones Graduate School of Business MBA graduates was $127,361.

For the 2023 intake, the application deadline for Round 3 is March 31, 2023.

9. Simon Business School

The Simon Business School is located in Rochester, New York, and is a business school that focuses on data-driven analytics and leadership. The Simon MBA program is designed to prepare students for careers in various industries such as finance, consulting, healthcare, and technology. The program includes a strong foundation in business fundamentals and allows students to choose from a range of concentrations such as Marketing Analytics, Business Analytics, and Healthcare Management. The school also provides numerous experiential learning opportunities for students to apply classroom knowledge in real-world settings.

the average base salary for MBA graduates in the class of 2020 was $115,000. 

For the 2023 intake, the application deadline for Round 4 is March 31, 2023.

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