If you are a prospective MBA aspirant you must have come across the term “M7 MBA programs”. “M7” is used to highlight the 7 most honoured business schools in the world that deliver the best MBA programs across the globe. You might be wondering what the “M” in “M7” denotes. Well, it is quite debatable, some people call it MAGNIFICENT 7 while others call it MAGIC 7. M7 is an informal network that was established years ago when the details of all the super-elite influential colleges decided to work concurrently for the welfare of the education system. The deans of this informal network assemble twice every year to give and receive information from the other colleges of the network and discuss some of the most urgent issues of the graduate business schools.
The M7 Business Schools offer M7 MBA programs that provide plenty of opportunities to its participants in terms of creating an impact and transforming the industries along with the geographies. These business goals are compared and countered on certain criteria such as:
- Employment rates
- Rankings
- Alumni base
- Return of Investment (ROI)
- Faculty members, etc.
Given below is a list of 7 business schools that offer M7 MBA programs.
Q.S Top University Rankings: 4
The U.S. NEWS Rankings: 5
Forbes (2019): 4
The average strength of participants in the recent classroom of the M7 MBA programs: 732
The average GMAT score required to enrol: 730
The average was a work experience required to be eligible for this program: 4.7 years
#2. Stanford Graduate School of Business
Q.S Top University Rankings: 1
The U.S. NEWS Rankings: 1
Forbes (2019): 2
The average strength of participants in the recent classroom of the M7 MBA programs: 436
The average GMAT score required to enrol: 733
The average was a work experience required to be eligible for this program: 4.7 years
#3. Wharton School at the University of Pennsylvania
Q.S Top University Rankings: 2
The U.S. NEWS Rankings: 2
Forbes (2019): 5
The average strength of participants in the recent classroom of the M7 MBA programs: 916
The average GMAT score required to enrol: 722
The average was a work experience required to be eligible for this program: 5.0 years
Q.S Top University Rankings: 8
The U.S. NEWS Rankings: 7
Forbes (2019): 7
The average strength of participants in the recent classroom of the M7 MBA programs: 782
The average GMAT score required to enrol: 726
The average was a work experience required to be eligible for this program: 5.0 years
#5. Northwestern University’s Kellogg School of Management
Q.S Top University Rankings: 14
The U.S. NEWS Rankings: 4
Forbes (2019): 3
The average strength of participants in the recent classroom of the M7 MBA programs: 559
The average GMAT score required to enrol: 727
The average was a work experience required to be eligible for this program: 5.0 years
#6. University of Chicago’s Booth School of Business
Q.S Top University Rankings: 11
The U.S. NEWS Rankings: 3
Forbes (2019): 1
The average strength of participants in the recent classroom of the M7 MBA programs: 621
The average GMAT score required to enrol: 724
The average was a work experience required to be eligible for this program: 5.0 years
#7. MIT Sloan School of Management
Q.S Top University Rankings: 3
The U.S. NEWS Rankings: 5
Forbes (2019): 7
The average strength of participants in the recent classroom of the M7 MBA programs: 484
The average GMAT score required to enrol: 720
The average was a work experience required to be eligible for this program: 5.0 years
These 7 schools meet bi-annually every year to rotate the duties, discuss crucial topics, and export information within the circle as mentioned above.
What is the significance of the M7 MBA programs?
Since there are various distinct varieties of Business School Publications available every year, having a question on the significance of the M7 MBA programs is obvious. But you will be startled to know how simple the answer to this question is. It is merely consistency that makes these seven Institutions and their MBA programs different from the world. Not to mention the rankings vary every year depending upon the different types of publications issued. But this is only applicable to the other business schools, the M7 MBA programs remain persistent throughout. In short, the list of M7 Business Schools remains unaffected; neither any business school is added to aid nor removed from it.
Pursuing MBA for your post-graduation is a decision that you make on a long-term basis. And if you choose one of the M7 MBA programs, then success is guaranteed as you’re investing in the right place. In case you are still not convinced and need validation to trust these schools, look at the fact that all seven schools are working concurrently to enhance the quality of business education worldwide. Moreover, all the schools of the M7 group maintain dignity and mutual respect towards each other and consider themselves as a part of a super-elite group of Business Schools.
Not to mention, there are some leading business schools out of the perimeter of the M7 MBA programs which offer exceptionally well MBA programs and are ranked high for it. Even if you choose the M7’s, no doubt they can ever be a wrong choice. But the fact that other Business Schools like NYU Stern, UVA Darden, UCLA Anderson, and Michigan Ross, etc, are no less than the latter. When it comes to competition, these schools leave no stone unturned in securing their position among the top 10 major rankings of the Business Schools worldwide.
Apart from the US, many other Business schools possess a high reputation worldwide as they deliver the best MBA programs in terms of quality education and are no less than the M7 MBA programs. Namely- INSEAD, LBS (London Business School), Saïd (University of Oxford), Judge (University of Cambridge), Rotman (University of Toronto), and IMD Switzerland.
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