Yes it is a very good school. In addition, you have to think about the fact that it is growing and has made great advances in the last 5 years. There is strong alumni support and good business...
It would take a book and a semesters worth of lecture to explain in detail the difference. To make this very, very brief let us consider the definition of management first. A Definition of Management...
Stanford has the lowest acceptance ratio (usually around 8%) and has average student statistics that are on par with the other top schools (HBS, Wharton, Kellogg, Booth, Sloan, Stern,...