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<p>Well, I consulted the latest graduate rankings.
For Business:</p>
<p>Tier 1: Harvard, Stanford (1)
Tier 2: Sloan, Wharton, Booth, Kellogg (3-5)
Tier 3: Tuck, Haas, Columbia, Stern (7-9)
Tier 4: Yale, Ross, Darden, Fuqua, Anderson (11-15)</p>
<p>All of these schools’ Peer and Recruiter Assessment Scores are > 4.0.</p>
<p>I agree that there is room for flexibility for Medicine, and that the rankings are arbitrary. For Business, however, there appears to be an accepted grouping of top schools. One could make an argument for Michigan and Duke, though for Yale, UVA, and UCLA, not so much.</p>