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College search and rankings website College Choice has come out with its list of the Top 50 MBA programs in the nation, and the top of the list is peppered with some of the best institutions in the Northeast.Harvard Business School, the University of Pennsylvania’s Wharton School of Business and the Massachusetts Institute of Technology’s Sloan School of Management all made the Top Five in the rankings, which were based on data tied to the number of startups and job opportunities associated with each school, existing reputations and the number of opportunities weighed against class size.

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Harvard was ranked No. 2, Penn was ranked No. 3 and MIT was ranked No. 5, respectively.

Carnegie Mellon University’s Tepper School of Business, named for New Jersey hedge fund manager David Tepper — the wealthiest man in the Garden State — was ranked 18^th.

“Many of these schools appear regularly in rankings of top MBA programs,” Robert Hand, lead editor for the College Choice rankings, said in a prepared statement. “We at College Choice wanted to emphasize job opportunities available to students with this particular list, specifically opportunities relative to class size. If two programs have a similar number of opportunities for students but one school has a smaller class size, then that translates into more opportunities for each student and thus an advantage in our rankings system.”

Other prominent Northeastern schools on the list included:

• Columbia Business School, No. 8
• Dartmouth College’s Tuck School of Business, No. 9
• New York University’s Stern School of Business, No. 10
• Yale University’s School of Management, No. 13
• Cornell University’s Johnson School of Management, No. 17
• Rochester University’s Simon Business School, No. 39
• Penn State’s Smeal College of Business, No. 42
• Boston University’s School of Management, No. 45
• Boston College’s Carroll School of Management, No. 47
• Temple University, No. 50

Stanford’s Graduate School of Business ranked first on the College Choice list.

No New Jersey colleges made the Top 50. Rutgers University was recently ranked 60^th in the nation on U.S. News & World Report’s ranking of the nation’s Best Business Schools, the best Garden State institution on that list.

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