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&lt;p&gt;Last week, &lt;i&gt;Forbes&lt;/i&gt; released its sixth biennial list of the top business schools.  They rank U.S. business schools, non-U.S. business schools and two-year, non-U.S. business schools based on the alumni ROI (return on investment) five years after graduation.  The Stanford Graduate School of Business pulled ahead this year, from the No. 2 spot in 2007.  The magazine says:&lt;/p&gt;&lt;p&gt;&lt;blockquote&gt;&lt;i&gt;The Stanford class of 2004--the class now five years out--had a median salary of $82,000 before entering school, which tied with Harvard for the highest of any M.B.A. program.  So the typical student made a $235,000 investment, measured by adding two years of forgone salary to the cost of tuition.  That&#39;s a hefty outlay, but it has paid off for most Stanford grads, as their median salary five years after graduation has jumped to $225,000, tops among all U.S. schools.  We figure that the typical cumulative gain for this class of Stanford alumni was $85,000.&lt;/i&gt;&lt;/blockquote&gt;&lt;/p&gt;&lt;p&gt;After this year, &lt;i&gt;Forbes&lt;/i&gt; is changing its ranking from biennial to annual.  I&#39;m sure we&#39;re all wondering how today&#39;s economy will affect the ROI-based ranking, and it would be disappointing if it fell on an off-year.  See below for the top 10 business schools in each of &lt;i&gt;Forbes&#39;&lt;/i&gt; categories.&lt;/p&gt;&lt;p&gt;&lt;b&gt;Top 10 U.S. Business Schools&lt;/b&gt;&lt;/p&gt;&lt;p&gt;&lt;ol&gt;&lt;li&gt;Stanford Graduate School of Business&lt;li&gt;Dartmouth College, Tuck School of Business&lt;li&gt;Harvard Business School&lt;li&gt;University of Chicago, Booth School of Business&lt;li&gt;University of Pennsylvania, Wharton School&lt;li&gt;Columbia Business School&lt;li&gt;Cornell University, Johnson School&lt;li&gt;Northwestern University, Kellogg School of Management&lt;li&gt;University of Virginia, Darden School of Business&lt;li&gt;Yale School of Management&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/ol&gt;&lt;p&gt;&lt;b&gt;Top 10 Non-U.S. Business Schools&lt;/b&gt;&lt;/p&gt;&lt;p&gt;&lt;ol&gt;&lt;li&gt;INSEAD&lt;li&gt;IMD&lt;li&gt;IE Business School&lt;li&gt;University of Cambridge, Judge Business School&lt;li&gt;University of Oxford, Sa&#239;d Business Schoo&lt;li&gt;City University London, Cass Business School&lt;li&gt;Lancaster University Management School&lt;li&gt; SDA Bocconi School of Management&lt;li&gt; Cranfield School of Management&lt;li&gt;HEC Montreal&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/ol&gt;&lt;p&gt;&lt;b&gt;Top 10 Non-U.S. Two-Year Business Schools&lt;/b&gt;&lt;/p&gt;&lt;ol&gt;&lt;li&gt;London Business School&lt;li&gt; Manchester Business School&lt;li&gt; IESE Business School&lt;li&gt;CEIBS&lt;li&gt; IPADE&lt;li&gt; York University, Schulich School of Business&lt;li&gt;HEC Paris&lt;li&gt; ESADE&lt;li&gt;AGSM&lt;li&gt;University of British Columbia, Sauder School of Business&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/li&gt;&lt;/ol&gt;

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