List of Top & Best Business Schools in The World

September 26, 2021

Business management is the education division that offers knowledge and training related to a business enterprise's scheduling, execution, supervision, and evaluation. In this field of education, one learns about setting up a company or an organization and different functional levels such as manufacturing, economic, administrative, human resources, sales & marketing, etc. Business Management Courses are not just about MBAs. Whether it's undergraduate or postgraduate, business management schools can improve overall leadership skills and skills for people and strategic thinking that you need to be effective in global business. Business management is open to students from all levels–Accounting, Science, and Arts–and can be studied at the graduate level (BBA / BMS), graduate-level (MBA / PGDM), and doctoral level (FPM).

There are other options that you can consider. Short courses, distance learning and dual degrees where you can combine a degree in business with a different subject, usually a science, computing, or engineering. Entry requirements vary, but all non-English-speaking international applicants will need to demonstrate a certain English-speaking ability level.

Check Out The List of Top 10 Best Business School In The World

1. Stanford University 

Stanford is one of the best business schools. Stanford's Business School accepts MBA, Ph.D., Master's, and Executive graduates. The dean of the school is Jonathan Levin, a well-known industrial organization specialist. In 2006, the school earned the most significant endowment ever offered to a business school: Phil Knight's $105 million, an alumnus and Nike's founder. Stanford's business school is the most competitive in the U.S. based on a course acceptance competition. Usually, a position is won by less than 7 percent of applicants. Postgraduate students may take joint degrees at other universities, combining business with topics like earth science, education, and law.

Undergraduate business students studying economics and management within the conventional degree system at the University of Oxford are taught mainly in small group tutorials. The Saïd Business School, which conducts business, management, and finance, is Oxford's academic school of trade. The school is twenty years old–relatively new compared to other prestigious business schools worldwide. 

2. University of Pennsylvania (Wharton)

The Wharton School at the University of Pennsylvania (Wharton) offers economics, accounting, e-commerce, entrepreneurship, finance, ethics, general management, human resources management, health care administration, international business, marketing, production/operations management, public policy, real estate, and quantitative analysis/statistics and operations research. 

Its tuition is full-time: $80,432 per year. At graduation, 81 percent of graduates of the full-time program are employed.

The Wharton School at the University of Pennsylvania was the U.S.’s first business school and now has its largest alumni network.

In addition to graduate business degrees, students can pursue joint degrees, including an accelerated MBA/J.D. Degree in three years in conjunction with the Penn Law School; an MBA/M.A. degree in International Studies; and joint degree programs through the Harvard Kennedy School of Government. Students can also earn a Ph.D. at Wharton, typically in four to five years, in nine areas, including ethics & legal studies, statistics, and applied economics.

There are about 90,000 alumni worldwide, and some of the most notable graduates are John Sculley, former CEO of Apple Inc.; Jeff Weiner, CEO of LinkedIn; and J.D. Power III, founder of J.D. Power and Associates, a global marketing information firm

3. University of Chicago (Booth)

Established in 1898, Booth is one of the oldest schools in the United States. Nine Booth faculty members and alums have won the Nobel Prize in economics since 1982. The curriculum has only one required course -- Leadership Effectiveness and Development. 

It was among the first experiential leadership development programs at a top business school and lets students benchmark themselves concerning evaluative aspects of leadership – influencing others, working in teams,  conflict management, presentation skills, and interpersonal communication.

In 2017, Booth received a $75 million donation from husband-wife alums Amy and Richard Wallman to support scholarships and renamed its high academic honor distinction. Among the class of 2018 seeking employment, 95.5% accepted a job within three months of graduation with a median base salary of $130,000.

Its tuition is full-time: $73,440 per year; part-time: $7,344 per credit; and executive: $194,000 total program. At graduation, 84.30 percent of graduates of the full-time program are employed.

4. Harvard University

Harvard Business School is one of the university's most prominent schools. According to the mission statement of the university, it is here that leaders are made. The fact is not far from the truth— the ethics and morals behind the business and the changing climate are taught to students. They are expected to learn how to identify business solutions to problems as soon as they graduate. HBS is America's most popular business school, and students apply in droves to be chosen to join the prestigious group of students studying here. 

Graduates are often the most eligible for jobs and are typically hired into new positions even before graduation. It's no wonder that for The Economist and The Financial Times, HBS is a top business school pick. Some of the famous alumni from Harvard Business School are Conan O'Brien, John Roberts, and Mark Zuckerberg.

5. The Sloan School of Management 

It is also known as MIT Sloan, which offers business programs at the university. In addition to MBA courses, executive training programs, and other postgraduate degrees, the school also teaches undergraduates through “Course 15”, which provides business skills to students with a technical and quantitative background. The classes feature problem sets that make use of real-world business cases, tackling them with scientific approaches. The course also provides opportunities to do research and to take part in entrepreneurship competitions. Business courses at MIT cover various topics, including operations research, consulting, entrepreneurship, finance, information technology, product development, and marketing.

All these topics are focused on innovation. Some popular new business theories have been born out of research at the Sloan School, including the field of process dynamics. MIT is one of the world's most prestigious schools. Cambridge, Massachusetts, next door to Harvard University, is a hub of innovation and entrepreneurship.

6. Northwestern university

It is a private university for science-based in Evanston, Illinois, USA. In San Francisco, California, and Doha, Qatar, it also runs satellite campuses. It is best known for being among the top ten university endowments, with students and faculty earning more than $550 million each year to perform funded work. Community service in Northwestern is also a big part of life. Students are encouraged to participate in "alternative spring break" journeys, which are student-led community service trips across the U.S., offering volunteer support to communities in need. Participants also engage in the Global Engagement Summer Institute, a collaboration program with the Sustainable Development Foundation that encourages student groups to go on service-learning expeditions to Africa, Asia, or Latin America.

Do not believe that a one-way road to business leadership and management positions are to study business–while this is a common path, business professions cover multiple industries. Good business and management skills are critical elements of any profitable enterprise, and therefore there is great demand for influential leaders, strategic thinkers, and financial experts. If you want to make your mark in the business world, start with learning core business management skills with academic education!

7. Tuck School of Business

Tuck is one of the best schools in the U.S. for consulting. The First-Year Project is a needed course in which Tuck students’ teams apply first-year learning to complex, real-world strategic importance issues for multinational enterprises, SMEs, nonprofit entities, and early-stage startups from an extensive range of industries. 

Students can also select an elective course called OnSite Global Consulting, in which they work as consultants for overseas companies and NGOs. Each project lasts 10-12 weeks and includes three full-time weeks of primary research on-site in an international venue. 

Among those in the 2018 class seeking employment, 92% accepted a job within three months of graduation. The Tuck class of 2021 set an all-time high for average GMAT score, the highest percentage of U.S. minorities, and the most significant international representation, arriving from 45 countries.

8. University of California, Berkeley

Business school is known as the Haas School of Business at the University of California, Berkeley. It was founded in 1898 and is the second-oldest business school in the United States. Members of the faculty include two Nobel Prize winners in economics. The school offers courses across the academic spectrum, including full-time MBA, evening and weekend MBA, executive MBA, financial education master's degree, an undergraduate degree. It also puts on a summer program, an intense six-week summer course that provides opportunities for non-business students to learn the business fundamentals. 

Berkeley is home to the second-oldest such institution in the United States, Haas School of Business. It is led by two Nobel Prize winners in Economics and focuses on teaching their students through critical thinking activities and partnerships with companies in the San Francisco Bay area. Courses were designed to help students work together as much as possible in a business setting, providing them with much-needed business simulations to turn them into the next prominent business leaders.

9. Columbia Business School

Columbia Business School is one of the largest in the world. The Columbia Business School at Columbia University offers accounting, economics, consulting, entrepreneurship, general management, finance, general management, international business, leadership, marketing, not-for-profit management, technology, and few others. Its tuition is full-time: $77,376 per year. At graduation, 73.30 percent of graduates of the full-time program are employed.

In 2022, CBS will move its campus from its current location on the Morningside campus to the Henry R. Kravis Building and the Ronald O. Perelman Center for Business Innovation on the Manhattanville campus.

Nearly half the entering class comes from the financial services and consulting industries, and upon graduation, 65% of the 2018 class landed in those functions.

10. Massachusetts Institute of Technology

It is a world-renowned private research institution in Cambridge, Massachusetts, USA. It was founded in 1861 and is focused on contemporary European polytechnic universities. The school has a reputation for developing leaders across various fields and maintaining a spirit of entrepreneurship. Cambridge University consists of 29 independent schools. The university also houses more than 100 libraries that hold over 15 million books in total. Degrees in business and economics are usually taught at the Business School of Cambridge Judge. Courses include the MBA, Finance Master, Accounting Master, and several MPhil programs.

MIT's all but boring life. The school's history of practical jokes and odd traditions is long and storied. The Individual Activities Time, a four-week informal term filled with hundreds of optional classes like Mystery Hunt and Charm College, is one of the activities students will engage in.

You Might Also Like

Free College Essay Guide

  • Strategies required to write a stellar college essay
  • Exploration Worksheets to help you brainstorm
  • 3 Exemplar Personal Statements
  • Framework to help you Audit your College Essays
Download the College Essay Guide