Top 100 Best Business Schools in the World | Apply Now

Top 100 Best Business Schools in the World | Apply Now

Earning a degree from any of the best business schools is a gateway to a successful career in the business industry. Regardless of the type of business degree you want to earn, the 100 best business schools in the World have a suitable program for you.

When we talk about top business schools in the World, universities like Harvard University, Stanford University, and Massachusetts Institute of Technology, are usually mentioned. Apart from these universities, there are several other good business schools, which will be mentioned in this article.

Studying in the best business schools in the World comes with a lot of benefits like high ROI, a variety of majors to choose from, top-quality and top-ranked programs, etc. However, nothing good comes easily. Admission into these universities is very competitive, you will need to have high test scores, high GPAs, excellent academic records, etc.

Finding the best business school can be difficult because there are a lot to choose from. To assist you with making the best choice, we have compiled a list of the top business schools around the globe. Before we list these schools, let us briefly talk about the common types of business degrees.

Types of Business Degrees 

Students can earn business degrees at any level, which includes associate, bachelor’s, master’s, or doctoral levels.

1. Associate Degree in Business

An associate’s degree in business introduces students to fundamental business principles. Associate degrees can be completed in two years and graduates can only be eligible for entry-level jobs.

You can enroll in an associate’s degree program directly from high school. Graduates can further their education by enrolling in bachelor’s degree programs.

2. Bachelor’s Degree in Business

Common bachelor’s degree in business includes:

  • BA: Bachelor of Art in Business
  • BBA: Bachelor’s in Business Administration
  • BS: Bachelor of Science in Business
  • BAcc: Bachelor of Accounting
  • BCom: Bachelor of Commerce.

Earning a bachelor’s degree generally takes four years of full-time study. In many companies, a bachelor’s degree in business meets the minimum requirement for entry-level jobs.

3. Master’s Degree in Business

A master’s degree in business trains students in advanced business and management concepts. Master’s degrees require a bachelor’s degree and take at least two years of full-time study to complete.

Common master’s degree in business includes:

  • MBA: Master of Business Administration
  • MAcc: Master of Accounting
  • MSc: Master of Science in Business
  • MBM: Master of Business and Management
  • MCom: Master of Commerce.

4. Doctoral Degree in Business

Doctoral degrees are the highest degrees in business, and it generally takes 4 to 7 years. You can enroll in a doctoral degree program after earning a master’s degree.

Common Doctoral Degree in Business includes:

  • Ph.D.: Doctor of Philosophy in Business Administration
  • DBA: Doctorate in Business Administration
  • DCom: Doctor of Commerce
  • DM: Doctor of Management.

What is the best business school in the world?

Harvard Business School is the best business school in the world. HBS is the business school of Harvard University, a private Ivy League university located in Massachusetts, United States.

Is admission into the best business schools hard?

Most business schools have low acceptance rates and are very selective. Admission to very selective schools is difficult. These schools only admit students with high GPAs, test scores, excellent academic records, etc.

What is the best degree to get for business?

The best business degree is the degree that fulfills your career goals and interests. However, students who want to advance their careers should consider enrolling in advanced degree programs like MBA.

What are the top in-demand careers in the business industry?

The top in-demand careers in the business industry are Business Analyst, Accountant, Medical and Health Services Manager, Human Resource Manager, Operations Research Analyst, etc.

How long does it take to get a degree in business?

Generally, business degrees last three or four years at the undergraduate level, and business degrees last for at least two years at the graduate level. The length of a business degree depends on the school and program level.

Is a Business degree program hard?

The difficulty of any degree program depends on you. Students who lack interest in the business industry may not perform well in business degrees.

The most important business school rankings in the education industry are:

  • Global MBA Ranking from the Financial Times
  • Full-time MBA Ranking from The Economist
  • Best B-Schools Ranking from Bloomberg Businessweek
  • QS Global MBA Rankings from TopUniversities
  • World University Rankings by subject: Business and Management from Times Higher Education
  • Best Global Universities for Economics and Business by US News & World Report
  • Global Ranking of Academic Subjects – Business Administration from Shanghai University

We have picked up the latest lists from the business rankings mentioned above. So, which are the best business universities in the world?

1. Global MBA Ranking 2021 by Financial Times

Who hasn’t heard about the Financial Times? They virtually wrote the book on business, and every year they put their knowledge to use by creating all kinds of Business and Management ranking lists. We’ve picked what we consider the most important one for you, as it ranks business schools offering the best MBA degrees worldwide:

  • INSEAD, France/Singapore
  • London Business School, UK
  • University of Chicago: Booth, USA
  • IESE Business School, Spain
  • Yale School of Management, US
  • Northwestern University: Kellogg, US
  • CEIBS, China
  • HEC Paris, France
  • Duke University: Fuqua, US
  • Dartmouth College: Tuck, US

So, how do international business schools end up on the Financial Times ranking list? Participating schools need to be accredited by Equis or the AACSB, as this attests to their teaching standards. 61% of the criteria are based on alumni survey responses, while the rest is made up of yearly school audits and research conducted by the universities.

Students are asked about their average salary within three years after graduation, the salary increase compared to the time before taking the MBA, the internationality of staff, written papers, and others. Read more about FT Rankings and find the full top 100 list on the Financial Times website.

2. Full-time MBA Ranking 2021 by The Economist

The Economist, another prestigious business publication creates its own annual rankings. Here is a list of the best universities for Business, according to them:

  • IESE Business School, Spain
  • HEC Paris, France
  • University of Michigan – Stephen M. Ross School of Business, US
  • New York University, US
  • Georgia Institute of Technology: Scheller, US
  • SDA Bocconi – School of Management, Italy
  • EDHEC Business School, France
  • University of Washington: Foster, US
  • Carnegie Mellon University: Tepper, US
  • IMD – International Institute for Management Development, Switzerland

When putting the annual ranking together, The Economist takes into account especially new career opportunities, educational experience, the increase in salary after graduating the MBA and the alumni network. 100 business schools make it to the list, from 161 participating schools. Other schools were ineligible or declined to participate in the ranking. Find the full top 100 list on The Economist website.

3. Bloomberg Businessweek Best Business Schools 2019-2020

Bloomberg News is a well-known source of journalism, conducting trustworthy in-depth research on business-related topics. Its yearly business rankings are part of its quality intelligence research, delivered as a top 100 university list. Here are the 10 best business schools worldwide according to Bloomberg:

  • Stanford University, USA
  • Dartmouth – Tuck Business School, USA
  • Harvard University, USA
  • University of Chicago – Booth School of Business, USA
  • University of Virginia – Darden School of Business, USA
  • IMD Business School, Switzerland
  • University of Pennsylvania – Wharton School, USA
  • Massachusetts Institute of Technology (MIT), USA
  • University of California at Berkeley: Haas, USA
  • Columbia Business School, USA

Bloomberg surveyed 26,699 MBA students, alumni, and recruiters in 2019 about their goals and experiences with business school studies worldwide. Bloomberg Business week Rankings are based on their responses, taking into account information about salaries and job-placement after graduation. Find the full list on the Bloomberg website.

4. Best Global Universities for Economics and Business 2022 by US News & Global Report

U.S. News and Global Report are leading university ranking providers in the United States. As part of their annual global university rankings, they also make lists focused on subjects. Here is the top 10 list of the best universities in the world to study Business:

  • Harvard University, USA
  • Massachusetts Institute of Technology (MIT), USA
  • University of California-Berkeley, USA
  • Stanford University, USA
  • University of Chicago, USA
  • University of Pennsylvania, USA
  • London School of Economics and Political Science, UK
  • Columbia University, USA
  • New York University, USA
  • Erasmus University Rotterdam, Netherlands

When deciding on the best universities in the world, U.S. News looks at the rate of students going to their second year of studies, as well as the rate of students who graduate.

It also surveys university representatives on the performance of universities, and evaluates university resources, teacher salaries, graduation rates, student academic achievements and satisfaction. Find the full subject ranking on the US News website.

5. QS Global MBA Rankings 2021

QS Rankings from Top Universities is one of the most famous university ranking providers in the world. Naturally, they also create a yearly list for MBA degrees. Here are the top 10 business schools in the world, according to QS:

  • Stanford University, USA
  • University of Pennsylvania – Wharton School, USA
  • Massachusetts Institute of Technology (MIT), USA
  • Harvard University, USA
  • HEC Paris, France
  • INSEAD, France/Singapore
  • London Business School, UK
  • Columbia Business School, USA
  • IE Business School, Spain
  • University of California, Berkeley, USA

QS MBA Rankings ranked 240 MBA degrees in 2021, using three separate surveys, covering information about graduate salaries, employer reputation, other career information of alumni, class and faculty diversity, and more. Find the full list from QS MBA Rankings on the Top Universities website.

6. World University Rankings 2022 by subject: Business and Management

World University Rankings by Times Higher Education is probably the most well-regarded university ranking in the world. Here is their top 10 Business degree list:

  • Massachusetts Institute of Technology (MIT), USA
  • Stanford University, USA
  • University of Cambridge, UK
  • University of Oxford, UK
  • Harvard University, USA
  • University of California at Berkeley, USA
  • University of Chicago, USA
  • Yale University, USA
  • London School of Economics and Political Science, UK
  • Duke University, USA

Times Higher Education used the following metrics to define its Business degree rankings: learning environment, research conducted by universities, times research was cited in international papers, how international the staff and students are, and more. Find the full business school list on the Times Higher Education website.

7. Shanghai Ranking’s Global Ranking of Academic Subjects 2020 – Business Administration

The Academic Rankings of World Universities is another top university ranking provided by Shanghai University. Checking out this international ranking is a great way to get insights on how a university from Asia regards international Business studies and the universities who provide these MBA classes. Here are the top 10 Business universities according to the Academic Ranking of World Universities:

  • University of Pennsylvania – Wharton School, USA
  • Texas A&M University, USA
  • Erasmus University Rotterdam, Netherlands
  • Harvard University, USA
  • University of Michigan-Ann Arbor, USA
  • Tilburg University, Netherlands
  • Duke University, USA
  • Georgia State University, USA
  • Northwestern University – Kellogg School of Management, USA
  • University of Washington, USA

When creating its lists of top universities, Shanghai University takes into account criteria such as the number of papers written on the academic subject, the number of citations in the industry, awards won by the staff of the universities, and more. See the full list of universities offering top Business degrees worldwide.

Here are other Business schools we recommend:

  • Northeastern University, the US
  • Swansea University, the UK
  • University of Newcastle, Australia
  • Central European University, Austria
  • KU Leuven, Belgium

You can also study an online MBA degree from the comfort of your home.

Top 10 Best Business Schools in the World

Below is a list of the top 10 Business Schools in the World:

  • Harvard University
  • Massachusetts Institute of Technology
  • Stanford University
  • University of Pennsylvania
  • University of Cambridge
  • Oxford University
  • University of California, Berkeley
  • The London School of Economics and Political Science
  • University of Chicago
  • National University of Singapore.

1. Harvard University

Harvard University is a private Ivy League research university located in Massachusetts, United States. Established in 1636, Harvard University is the oldest institution of higher learning in the United States.

Harvard Business School is the graduate business school of Harvard University. Founded in 1908 as Harvard Graduate School of Business, HBS was the first school to offer an MBA program.

Harvard Business School offers the following programs:

  • Full-time MBA program
  • Joint MBA degrees
  • Executive Education programs
  • Doctoral programs
  • Online Certificate courses.

2. Massachusetts Institute of Technology (MIT)

Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts, United States. MIT was established in Boston in 1861 and moved to Cambridge in 1916.

Although MIT is best known for its engineering and science programs, the university also offers business programs. MIT Sloan School of Management, also known as MIT Sloan is responsible for offering business programs, which are:

  • Undergraduate: Bachelor’s degree in management, business analytics, or finance
  • MBA
  • Joint MBA programs
  • Master of Finance
  • Master of Business Analytics
  • Executive programs.

3. Stanford University

Stanford University is a private research university located in Stanford, California, United States. It was established in 1891.

Established in 1925, Stanford Graduate School of Business (Stanford GSB) is the graduate business school of Stanford University.

Stanford GSB offers the following academic programs:

  • MBA
  • MSx program
  • Ph.D. program
  • Research fellows programs
  • Executive Education programs
  • Joint MBA programs: JD/MBA, MA in Education/MBA, MPP/MBA, MS in Computer Science/MBA, MS in Electrical Engineering/MBA, MS in Environment and Resources/MBA.

4. University of Pennsylvania

The University of Pennsylvania is a private Ivy League research university located in Philadelphia, Pennsylvania, United States. Established in 1740, it is one of the oldest universities in the US.

The Wharton School of the University of Pennsylvania is the first collegiate business in 1881. Wharton is also the first business school to offer an MBA program in Health Care Management.

The Wharton School of the University of Pennsylvania offers the following programs:

  • Undergraduate
  • Full-time MBA
  • Doctoral programs
  • Executive Education programs
  • Global programs
  • Interdisciplinary programs
  • Global Youth Program.

5. University of Cambridge

The University of Cambridge is a collegiate research university located in Cambridge, United Kingdom. Founded in 1209, the University of Cambridge is the fourth-oldest university in the World.

Cambridge Judge Business School (JBS) was established in 1990 as the Judge Institute of Management Studies. JBS offers the following academic programs:

  • MBA
  • Master’s programs in Accounting, Finance, Entrepreneurship, Management, etc.
  • PhDs and Research Master’s programs
  • Undergraduate Program
  • Executive Education programs.

6. University of Oxford

The University of Oxford is a collegiate research university located in Oxford, England, United Kingdom. It is the oldest university in the English-speaking world.

Established in 1996, Said Business School is the business school of the University of Oxford. The history of business at Oxford stretches back to 1965 when the Oxford Centre for Management Studies was formed.

Said Business School offers the following programs:

  • MBAs
  • BA Economics and Management
  • Master’s programs: MSc in Financial Economics, MSc in Global Healthcare Leadership, MSc in Law and Finance, MSc in Management
  • Doctoral programs
  • Executive education programs.

7. University of California, Berkeley (UC Berkeley)

University of California, Berkeley is a public land-grant research university located in Berkeley, California, United States. Established in 1868, UC Berkeley is the first land-grant university in California.

Haas School of Business is the business school of UC Berkeley. Established in 1898, it is the second-oldest business school in the United States.

Haas School of Business offers the following programs:

  • Undergraduate Program
  • MBAs
  • Master of Financial Engineering
  • Ph.D. program
  • Executive Education programs
  • Certificate and summer programs.

8. The London School of Economics and Political Science (LSE)

The London School of Economics and Political Science is a specialist social science university located in London, England, United Kingdom.

LSE Department of Management was established in 2007 to offer business and management programs. It offers the following programs:

  • Master’s programs
  • Executive programs
  • Undergraduate programs
  • Ph.D. programs.

9. University of Chicago

The University of Chicago is a public research university located in Chicago, Illinois, United States. It was established in 1890.

The University of Chicago Booth School of Business (Chicago Booth) is a business school with campuses in Chicago, London, and Hong Kong. Chicago Booth is the first and only US business school with permanent campuses on three continents.

Read: Frequently Asked Questions and Answers on Scholarship Application

Established in 1898, Chicago Booth created the first executive MBA program in the World. Chicago Booth also created the world’s first Ph.D. program in Business in 1943.

The University of Chicago Booth School of Business offers the following programs:

  • MBAs: full-time, part-time, and executive MBA programs
  • Ph.D. programs
  • Executive Education programs.

10. National University of Singapore (NUS)

The National University of Singapore is a public research university located in Singapore. Founded in 1905, NUS is the oldest autonomous university in Singapore.

The National University of Singapore started as a modest medical school, and now it is recognized among the best universities in Asia and the World. NUS Business School was founded in 1965, the same year that Singapore gained independence.

National University of Singapore Business School offers the following programs:

  • Undergraduate Program
  • MBA
  • Master of Science
  • PhD
  • Executive Education programs
  • Lifelong learning programs.
A guiding rule of thumb is that you should submit applications to no more than 4-6 schools per round. The more schools you apply to, the less genuinely interested you will sound in your applications.

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