DIRECTIONS for questions: Answer the questions on the basis of the information given below. Details of the top 20 MBA schools in the US as ranked by US News and World Report, 1997 are given below.
|
School |
Overall ranking |
Rankin by Academics |
Ranking by recruiters |
Ranking |
Median |
% |
Annual |
|
Stanford University |
1 |
1 |
3 |
1 |
$82,000 |
98.9 |
$23,100 |
|
Harvard University |
2 |
1 |
2 |
4 |
$80,000 |
96.4 |
$23,840 |
|
University of Pennsylvania |
3 |
1 |
4 |
2 |
$79,000 |
100.0 |
$24,956 |
|
Massachusetts Institute of Technology |
4 |
1 |
4 |
3 |
$78,000 |
98.8 |
$23,900 |
|
University of Chicago |
5 |
1 |
8 |
10 |
$65,000 |
98.4 |
$23,930 |
|
Northwestern University |
6 |
1 |
1 |
11 |
$70,000 |
93.6 |
$23,025 |
|
Columbia University |
7 |
9 |
10 |
5 |
$83,000 |
96.2 |
$23830 |
|
Dartmouth College |
8 |
12 |
11 |
6 |
$70,000 |
98.3 |
$23,700 |
|
Duke University |
9 |
9 |
7 |
8 |
$67,500 |
98.5 |
$24,380 |
|
University of California- Berkeley |
10 |
7 |
12 |
12 |
$70,000 |
93.7 |
$18,788 |
|
University of Virginia |
11 |
12 |
9 |
9 |
$66,000 |
98.1 |
$19,627 |
|
University of Michigan- Ann Arbor |
12 |
7 |
6 |
14 |
$65,000 |
99.1 |
$23,178 |
|
New York University |
13 |
16 |
19 |
7 |
$70,583 |
97.0 |
$23,554 |
|
Carnegie Mellon University |
14 |
12 |
18 |
13 |
$67,200 |
96.6 |
$22,200 |
|
Yale University |
15 |
18 |
17 |
22 |
$65,000 |
91.5 |
$23,220 |
|
Univ. of North Carolina- Chapel Hill |
16 |
16 |
16 |
16 |
$60,000 |
96.8 |
$14,333 |
|
University of California- Los Angeles |
17 |
9 |
13 |
38 |
$65,000 |
82.2 |
$19431 |
|
University of Texas- Austin |
18 |
18 |
13 |
24 |
$60000 |
97.3 |
$11,614 |
|
Indiana University- Bloomington |
19 |
18 |
20 |
17 |
$61,500 |
95.2 |
$15,613 |
|
Cornell University |
20 |
12 |
15 |
36 |
$64,000 |
85.1 |
$23,151 |
Madhu has received admission in all schools listed above. She wishes to select the highest overall ranked school whose a) annual tuition fee does not exceed $23,000 and b) median starting salary is at least $70,000. Which school will she select?
