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Engineering, or Business. CMU Seems To Be in A Similar Situation

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Harvard and, especially Yale, are not stellar in Engineering (mostly because of strategic neglect of applied fields) - they

are now trying to fix this. University of Chicago is in a similar situation. Princeton has no medical school, law school, or business school. MIT and CMU have no law schools or medical schools. Berkeley has no medical school. MIT's School of Humanities is fairly recent, and not nearly as competitive as their Science & Engineering, or Business. CMU seems to be in a similar situation.

In Fine Arts, Yale is #1, UCLA is #4, CMU is #7, Columbia U is #10 (other schools discussed above do not appear in top 20). In Education, Princeton and Yale are not in top 20. If you are looking for the most well-rounded universities, consider Stanford, Michigan and UCLA (I may be biased, as I have been affiliated with each of them). Maybe also Columbia and Berkeley, but certainly not Princeton, MIT or CMU. As for $$$, emphasized so much in other answers, that is a necessary but not sufficient condition. Other issues are consistent long-term strategy at the highest levels of university administration - a weakness for Harvard, Yale, Princeton and MIT proximity to industries and population centers - a problem for Princeton, Yale and CMU, but a boon for NYU, Columbia, Harvard, MIT, Stanford, Berkeley, UT Austin, GA Tech, and UCLA (used to be significant for Michigan in the past, but not as much in the last 10 years) actively creating new local opportunities - typical for Stanford, Berkeley, MIT, Harvard, UCLA; more recently - Michigan, UT Austin, UCSD being the biggest fish in your pond - a bonus for Michigan, UT Austin, and GA Tech. In contrast, Berkeley and UCLA directly compete with each other and prevent Stanford from growing.

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