Best Business Schools in the World

Best Business Schools in the World: Pursuing an MBA is always a tough decision to take and selecting the right college is even tougher. An MBA from a prestigious college is a gateway to success! Doing a business or management degree from an elite college gives serious advantages to the graduates. The graduates with an advanced MBA degree has the potential to pursue a high-paying job/career. The best business schools in the world helps drive the world economy, as they produce corporate leaders and entrepreneurs. The MBA graduates are specially taught to handle the challenges and run the big businesses successfully. Below provided is a list of best business schools in the world:

  1. Stanford University
  2. Harvard University
  3. University of Pennsylvania — Wharton
  4. London Business School
  5. MIT — Sloan
  6. INSEAD
  7. HEC Paris
  8. University of Chicago — Booth (tie)
  9. IE Business School
  10. Columbia University

In this article, we’ll discuss about the top business schools in the world and why you should consider pursuing management programs from those schools. Based on your return on investment, alumni outcomes, diversity, employability, and entrepreneurship, we have given a list of the best MBA colleges in the world.

Stanford University

It is a private research university with a staggering research budget of $1.6 billion. Apart from this, 31 faculty members of Stanford have received the prestigious Noble prize since the university’s inception. Almost 88 percent of Stanford University’s graduates employed three months after completing their graduation.

Stanford highlights:

  • More than 80% of undergraduate students are given financial aid by the university
  • Have an excellent student-faculty ratio of 4:1
  • Ranked second by the QS World University Rankings 2018

Harvard University

Harvard University first started offering MBA courses back in 1908. The main focus of Harvard while offering MBA is to develop leaders. Many influential business leaders have pursued their management degree from one of the best business and management schools in the world, Harvard. 91 percent of its graduates get employed three months after completing their graduation.

Harvard highlights:

  • Harvard ranked first for “Best Value” among national universities
  • Excellent student-faculty ratio of 7:1
  • More than 50% of Harvard students receive scholarship aid

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University of Pennsylvania — Wharton

The University of Pennsylvania — Wharton is one of the world’s most powerful research and teaching institutions, with over 4,000 active faculty members and a research budget of around $1 billion. More than 95% of the graduates receive jobs within three months of completing their graduation. Apart from this, the average salary of US$125,000 is also one of the highest in the world. Prominent industry leaders like Deloitte, Goldman Sachs and McKinsey regularly recruit from the Wharton.

Hostel and meal expenses at the University of Pennsylvania:

Room Type Monthly Rent Per Occupant
Single Room (1 BR/Shared Bathroom) $970
Double (2 BR/Kitchen/Bathroom) $1,078
Single Apartment (1 BR/Living Area/Kitchen/ Bathroom) $1,619
Graduate Plus Other (1 BR-Queen bed/Living Area/Kitchen/Bathroom) $1,726

London Business School

London Business School (LBS) is the only non-US business school to have been ranked #1 for full-time MBA Programme across the world. LBS has been ranked number one business school in Europe for four consecutive years by the Financial Times (FT). Also, 96% of the graduates get employed three months after completing their graduation.

London Business School highlights:

  • Its MBA program has been ranked number two by Bloomberg Businessweek
  • LBS is ranked fourth among 200 universities by 2018 Times Higher Education’s business and economics ranking

MIT — Sloan

Established in 1861, MBA at MIT Sloan School of Management is considered as one of the best MBA programs in the world. Students have the option to pursue specialized tracks in Finance, Entrepreneurship & Innovation, and in Enterprise Management with the option of pursuing certificates in Sustainability or Healthcare. 81% of the graduates get employed within three months of completing their graduation.

INSEAD

Globally ranked sixth, INSEAD is the first education institution in Europe to offer an MBA program. Also, it was the first institution to offer one-year MBA program and break the tradition of offering the standard two-year program. Its MBA program is widely acclaimed for its leadership, employability, and entrepreneurship. Moreover, 82% of the graduates get employed within three months of completing their graduation. INSEAD is one of the Europe best business school in the world.

INSEAD highlights:

  • Got triple accreditation from AACSB, EQUIS, and AMBA
  • Has campuses in France, Singapore, and Abu Dhabi

University of Chicago — Booth

The full-time MBA program by The University of Chicago — Booth ranked 12th in the world under the Global MBA Rankings 2018 by QS. In addition to this, it ranked in the top 10 schools globally for providing financial support to international students. Also, explore what are the requirements for Applying for MBA at Chicago Booth School of Business.

University of Chicago — Booth highlights:

  • Awarded the third rank in the country by the US News and World Report 2018
  • Ranked ninth in the world QS world university rankings 2018
  • Positioned at ninth spot in the world by THE world university rankings 2018

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