BusinessPundit 2026 Rankings
2026 Edition · 16 programs ranked

Best MBA Programs in the Midwest

Booth, Kellogg, Ross — and the supply-chain superpowers behind them. The Midwest's MBA bench is deeper than the coasts admit.

By David Krug Updated July 3, 2026 How we rank →
Chicago Booth School of Business 1

Chicago Booth School of Business

Chicago, Illinois · Private

The flexible curriculum is real — no required core beyond one course — and the consulting placement engine is arguably the best in the country.

$173,340Tuition
729Avg. GMAT
$170,000Med. salary
95.9BP Score Read review →
Kellogg School of Management 2

Kellogg School of Management

Evanston, Illinois · Private

Still the standard-bearer for marketing and general management, with the most collaborative culture of the M7.

$170,298Tuition
731Avg. GMAT
$165,000Med. salary
94.6BP Score Read review →
Michigan Ross School of Business 3

Michigan Ross School of Business

Ann Arbor, Michigan · Public

The highest-ranked public program, and our reigning value pick among the elite. MAP consulting projects put every student on a live client engagement.

$148,000Tuition
722Avg. GMAT
$160,000Med. salary
91.2BP Score Read review →

What changed in 2026

From the editors' analysis of this year's data

Two of the M7 and the best public program in the country anchor a region coastal applicants chronically underrate. Beneath Booth, Kellogg, and Ross sits real specialty depth: Broad and Smeal trading supply-chain crowns, Carlson serving sixteen Fortune 500 headquarters, Fisher embedded in Columbus’s quiet boom, Mendoza’s network compounding out of South Bend.

The region’s economics stay friendly — Kelley and Wisconsin under $85,000 in-state, Gies rewriting the price floor entirely at $24,000 online — and the EV-era industrial rebuild keeps operations hiring strong. The winters are the winters. The payback math forgives them.

The rest of the ranking

4Rank

Indiana Kelley School of Business

Bloomington, Indiana · Public · Class size 175

Kelley Direct tops the U.S. News online ranking again at $94,944 — no asterisk on the diploma — while the Bloomington MBA quietly over-places its sticker price.

$110,000Tuition (total)
685Avg. GMAT
38%Acceptance
88%Placed at 3 mo.
$140,000Median salary
85.6BP Score
5Rank

Notre Dame Mendoza College of Business

Notre Dame, Indiana · Private · Class size 120

The Notre Dame network's loyalty is a business asset you can borrow for two years — and Mendoza's ethics-first framing turned prescient once ESG grew teeth.

$130,000Tuition (total)
680Avg. GMAT
38%Acceptance
87%Placed at 3 mo.
$140,000Median salary
82BP Score
6Rank

WashU Olin Business School

St. Louis, Missouri · Private · Class size 110

Olin sends its entire class abroad in the first 18 months, runs a WashU–Fudan EMBA that just topped the Financial Times global table, and places a 110-person class with boutique attention.

$135,000Tuition (total)
700Avg. GMAT
35%Acceptance
87%Placed at 3 mo.
$140,000Median salary
82.7BP Score
7Rank

Ohio State Fisher College of Business

Columbus, Ohio · Public · Class size 100

Columbus quietly became a headquarters town — and Fisher's tiny MBA class gets first call on it. U.S. News's eight-spot drop to No. 32 reads harsher than the outcomes.

$110,000Tuition (total)
680Avg. GMAT
40%Acceptance
86%Placed at 3 mo.
$130,000Median salary
81.8BP Score
8Rank

Minnesota Carlson School of Management

Minneapolis, Minnesota · Public · Class size 90

Target, Best Buy, General Mills, 3M, UnitedHealth — the Twin Cities headquarters economy hires Carlson's 90-person class before national recruiters get a look.

$115,000Tuition (total)
680Avg. GMAT
42%Acceptance
88%Placed at 3 mo.
$135,000Median salary
81.5BP Score
9Rank

Wisconsin School of Business

Madison, Wisconsin · Public · Class size 85

Wisconsin admits students into named career specializations with dedicated centers — the brand-management track has fed Midwest consumer giants for generations.

$100,000Tuition (total)
670Avg. GMAT
38%Acceptance
86%Placed at 3 mo.
$125,000Median salary
80.9BP Score
10Rank

Michigan State Broad College of Business

East Lansing, Michigan · Public · Class size 70

Broad trades the top two spots of U.S. News's supply-chain specialty ranking with Penn State and ASU yearly, and the auto industry's reinvention keeps its graduates employed.

$95,000Tuition (total)
660Avg. GMAT
40%Acceptance
87%Placed at 3 mo.
$122,000Median salary
78.8BP Score
11Rank

Purdue Daniels School of Business

West Lafayette, Indiana · Public · Class size 70

Rebuilt and renamed with a $100M+ gift, Daniels pairs STEM-designated business degrees with Purdue's engineering halo at one of the lowest stickers in the Big Ten.

$95,000Tuition (total)
660Avg. GMAT
42%Acceptance
85%Placed at 3 mo.
$120,000Median salary
80.3BP Score
12Rank

Illinois Gies College of Business

Champaign, Illinois · Public · Class size 4000

Gies shut its residential MBA in 2019 to bet everything on the $24,000 iMBA — now one of the largest and most disruptive graduate business programs on earth.

$24,000Tuition (total)
Avg. GMAT
Acceptance
Placed at 3 mo.
Median salary
74.6BP Score
13Rank

Iowa Tippie College of Business

Iowa City, Iowa · Public · Class size 50

Tippie shrank its full-time program to protect quality and doubled down on working-professional formats; what remains is small, cheap, and employed.

$80,000Tuition (total)
655Avg. GMAT
46%Acceptance
85%Placed at 3 mo.
$115,000Median salary
77.6BP Score
14Rank

Case Western Weatherhead School of Management

Cleveland, Ohio · Private · Class size 45

Weatherhead's healthcare management lane runs on University Circle adjacency, and its appreciative-inquiry tradition gave management consulting one of its standard tools.

$85,000Tuition (total)
620Avg. GMAT
Acceptance
80%Placed at 3 mo.
$100,000Median salary
70BP Score
15Rank

Cincinnati Lindner College of Business

Cincinnati, Ohio · Public · Class size 45

Procter & Gamble's hometown school supplies the consumer-goods industry with marketers, and the co-op tradition Cincinnati invented keeps everyone employed.

$50,000Tuition (total)
600Avg. GMAT
Acceptance
83%Placed at 3 mo.
$92,000Median salary
67BP Score
16Rank

Kansas School of Business

Lawrence, Kansas · Public · Class size 35

KU jumped 21 spots to No. 51 in the 2026 U.S. News table — the year's largest rise — on outcomes the Kansas City metro has been buying all along.

$48,000Tuition (total)
600Avg. GMAT
Acceptance
82%Placed at 3 mo.
$90,000Median salary
68.6BP Score

The ranking at a glance

Every number verified against the audited class profile
#SchoolBP ScoreTuitionAvg. GMATAcceptanceMedian salaryPlaced 3 mo.
1 Chicago Booth School of Business 95.9 $173,340 729 16.5% $170,000 96.2%
2 Kellogg School of Management 94.6 $170,298 731 21.1% $165,000 94.6%
3 Michigan Ross School of Business 91.2 $148,000 722 24.7% $160,000 95.8%
4 Indiana Kelley School of Business 85.6 $110,000 685 38% $140,000 88%
5 Notre Dame Mendoza College of Business 82 $130,000 680 38% $140,000 87%
6 WashU Olin Business School 82.7 $135,000 700 35% $140,000 87%
7 Ohio State Fisher College of Business 81.8 $110,000 680 40% $130,000 86%
8 Minnesota Carlson School of Management 81.5 $115,000 680 42% $135,000 88%
9 Wisconsin School of Business 80.9 $100,000 670 38% $125,000 86%
10 Michigan State Broad College of Business 78.8 $95,000 660 40% $122,000 87%

How this ranking works

How do you verify salary and placement data?

Every figure comes from each school's employment report prepared under the MBA CSEA standard, which is independently audited. Where a school declines to report, we mark it unranked for that pillar rather than estimating.

Can schools pay to improve their position?

No. We accept no advertising, referral fees, or enhanced-profile payments from ranked institutions.

How often is this ranking updated?

Fully rebuilt each June when audited employment reports land, with a mid-cycle data refresh in January.

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