| Rank | College name |
| #1 | Harvard University |
| Boston, MA | |
| #1 | Stanford University |
| Stanford, CA | |
| #3 | Massachusetts Institute of Technology (Sloan) |
| Cambridge, MA | |
| #4 | Northwestern University (Kellogg) |
| Evanston, IL | |
| #5 | University of Chicago (Booth) |
| Chicago, IL | |
| #5 | University of Pennsylvania (Wharton) |
| Philadelphia, PA | |
| #7 | Dartmouth College (Tuck) |
| Hanover, NH | |
| #7 | University of California--Berkeley (Haas) |
| Berkeley, CA | |
| #9 | Columbia University |
| New York, NY | |
| #9 | New York University (Stern) |
| New York, NY | |
| #11 | Yale University |
| New Haven, CT | |
| #12 | University of Michigan--Ann Arbor (Ross) |
| Ann Arbor, MI | |
| #13 | University of Virginia (Darden) |
| Charlottesville, VA | |
| #14 | Duke University (Fuqua) |
| Durham, NC | |
| #15 | University of California--Los Angeles (Anderson) |
| Los Angeles, CA | |
| #16 | Carnegie Mellon University (Tepper) |
| Pittsburgh, PA | |
| #16 | University of Texas--Austin (McCombs) |
| Austin, TX | |
| #18 | Cornell University (Johnson) |
| Ithaca, NY | |
| #19 | Washington University in St. Louis (Olin) |
| St. Louis, MO | |
| #20 | University of Southern California (Marshall) |
| Los Angeles, CA | |
| #21 | Ohio State University (Fisher) |
| Columbus, OH | |
| #21 | University of North Carolina--Chapel Hill (Kenan-Flagler) |
| Chapel Hill, NC | |
| #23 | Indiana University--Bloomington (Kelley) |
| Bloomington, IN | |
| #24 | Georgetown University (McDonough) |
| Washington, DC | |
| #24 | University of Minnesota--Twin Cities (Carlson) |
| Minneapolis, MN | |
| #26 | Georgia Institute of Technology |
| Atlanta, GA | |
| #27 | Arizona State University (Carey) |
| Tempe, AZ | |
| #27 | Emory University (Goizueta) |
| Atlanta, GA | |
| #27 | University of Rochester (Simon) |
| Rochester, NY | |
| #27 | University of Wisconsin--Madison |
| Madison, WI | |
| #31 | Boston University |
| Boston, MA | |
| #31 | University of Notre Dame (Mendoza) |
| Notre Dame, IN | |
| #33 | Brigham Young University (Marriott) |
| Provo, UT | |
| #33 | Texas A&M University--College Station (Mays) |
| College Station, TX | |
| #33 | University of Washington (Foster) |
| Seattle, WA | |
| #36 | Purdue University--West Lafayette (Krannert) |
| West Lafayette, IN | |
| #36 | University of California--Irvine (Merage) |
| Irvine, CA | |
| #36 | Vanderbilt University (Owen) |
| Nashville, TN | |
| #39 | Boston College (Carroll) |
| Chestnut Hill, MA | |
| #39 | Rice University (Jones) |
| Houston, TX | |
| #39 | University of Florida (Hough) |
| Gainesville, FL | |
| #42 | University of California--Davis |
| Davis, CA | |
| #42 | University of Illinois--Urbana-Champaign |
| Champaign, IL | |
| #42 | University of Iowa (Tippie) |
| Iowa City, IA | |
| #45 | University of Maryland--College Park (Smith) |
| College Park, MD | |
| #46 | Michigan State University (Broad) |
| East Lansing, MI | |
| #46 | Wake Forest University (Babcock) |
| Winston-Salem, NC | |
| #48 | Pennsylvania State University--University Park (Smeal) |
| University Park, PA | |
| #49 | Southern Methodist University (Cox) |
| Dallas, TX | |
| #50 | University of Arkansas--Fayetteville (Walton) |
| Fayetteville, AR |
Kaynak: USNEWS Report 2012
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