Noted: Then, there is Penn State University’s Smeal College of Business. Smeal boasts a 62.8% yield – a percentage that’s 10 points or better than Northwestern Kellogg, Chicago Booth, Dartmouth Tuck, and Michigan Ross. Smeal’s secret? High standards and consistency. Although the program received 62 fewer applications during the 2016-2017 cycle, it managed to enroll two more students. Even more, it raised average GMAT by two points and lowered its acceptance rate by a point to 17.1% – two points better than Wharton, the pride-of-Pennsylvania. The Wisconsin School of Business performed a nearly identical feat. Despite collecting 174 few applications during the last cycle, it still manage to raise yield by 10 points to 61.6%. At the same time, it raised average GMAT by nine points, while maintaining a respectable 30.4% acceptance rate – just four points higher than the previous year.