Top 20
Best Business Schools In The World
By
Every person, who wants to start their journey in the field of an MBA always tries their best to get into the best business schools in the world. So, we are here to provide you with the name of the best business schools worldwide.
Top b schools in the world offer various benefits such as a variety of specializations, a stronger professional network, access to job opportunities, and a bigger paycheck.
Here are some of the Factors that need to be Considered while Choosing B-Schools:
- Employability
- Entrepreneurship and Alumni Outcomes
- Return on Investment
- Class and Faculty Diversity
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Top 20 Business School In World You Should Know
Here is the list of the best business school in the world with their detailed information regarding Fees, Salary Packages, Gmat scores, etc.
- Stanford Graduate School of Business
- Harvard Business School
- London Business School
- The Wharton School
- MIT Sloan School of Management
- Said Business School
- Columbia Business School
- INSEAD (European Institute of Business Administration)
- Haas School of Business
- Yale School of Management
- Cambridge Judge Business School
- The University of Chicago Booth School of Business
- Leonard N. Stern School of Business
- Kellogg School of Management
- IMD – International Institute for Management Development
- Anderson School of Management
- Tuck School of Business
- UNC Kenan-Flagler Business School
- Samuel Curtis Johnson Graduate School of Management
- Alliance Manchester Business School
1. Stanford Graduate School of Business
Stanford Graduate School of Business is a graduate business school Founded in 1925 and is affiliated with Stanford University, which is a private research university in Stanford, California. From the day this business school establishes, it becomes 1st priority for the students and have an acceptance rate of only 6%. This business School is for leaders who are dedicated to improve the market and organization around the world by transforming smart ideas into meaningful action. This business school offers top MBA programs such as entrepreneurship, human resources management, marketing, and sports business.
Average Fees: $76,950 per year
Average Salary Package: $158,000
Eligibility Criteria:
Category | Required |
Average GMAT | 737 |
Average GPA | 3.76 |
Work Experience | Minimum 2 years |
2. Harvard Business School
Harvard Business School is a top b school in the world, it is a graduate business school of Harvard University(a private research university in Boston, Massachusetts). This business school is on the list of some of the business school which is continuously ranked among the top business school in the world and have an acceptance rate of 12%. It offers top global MBA programs such as entrepreneurship, human resources management, health care administration, international business, etc.
Average Fees: 73,440 USD/ year
Average Salary Package: $175,000
Eligibility Criteria:
Category | Required |
Average GMAT | 730 |
Average GPA | 3.70 |
Work Experience | Minimum 2 years |
3. London Business School
Ranked as the Best business school in Europe for 3 years in a row(2014-2016) by the Financial Times, London Business School is a leading global business school and a constituent college of the federal university of London. It is mostly ranked among the top 10 business schools in the world and is known for providing extraordinary learning experiences, renowned faculty, inclusion, impact, and innovation.
Average fees: £109,700
Average Salary Package: $158,000
Eligibility Criteria:
Category | Required |
Average GMAT | 708 |
Average GPA | 3.5 |
Work Experience | Minimum 2 years |
4. The Wharton School
As per U.S. News & World Report ranking in 2023, The Wharton School ranked as the no 1 business school in the world with a 9% acceptance rate. It is the business school that comes under the University of Pennsylvania, a private Ivy League research university in Philadelphia. This business school provides top global MBA programs such as international business, production/operations management, and quantitative analysis/statistics and operations research.
Average Fees: 83,230 USD/ year
Average Salary Package: $155,000
Eligibility Criteria:
Category | Required |
Average GMAT | 733 |
Average GPA | 3.6 |
Work Experience | Not Required |
5. MIT Sloan School of Management
MIT Sloan School of Management was established in 1914 and has an acceptance rate of near 14.6%. It is a graduate business school under the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers a bachelor’s, Master,s, as well as executive education. It offers departments and concentrations such as business analytics, international business, leadership, manufacturing, and technology management.
Average fees :$ 86,400 per year
Average Salary Package:$1,65,000
Eligibility Criteria:
Category | Required |
Average GMAT | 730 |
Average GPA | 3.62 |
Work Experience | Not Required |
6. Said Business School
Founded in 1996, Said Business School is a business school under the University of Oxford. It is a provider of management education and is continuously ranked in the category of the World’s top business in the world. Having an acceptance rate of 20%, Said Business School offers top MBA programs such as entrepreneurship, human resources management, and marketing. The Oxford MBA has a really strong reputation for entrepreneurship and, especially in social entrepreneurship.
Average Fees:65,520 GBP/ Year
Average Salary Package: 72,618 GBP/Year
Eligibility Criteria:
Category | Required |
Average GMAT | 690 |
Average GPA | 3.76 |
Work Experience | Minimum 2 years |
7. Columbia Business School
Being a business school of columbia university, Columbia Business School was established in 1916 and is one of the oldest business schools in the world with an acceptance rate of 18.2%. It is the top b school in the world that offers top MBA programs such as production/operations management, portfolio management, real estate, quantitative analysis/statistics and operations research, and technology.
Average fees: $77,376 per year
Average Salary Package: $150,000
Eligibility Criteria:
Category | Required |
Average GMAT | 729 |
Average GPA | 3.6 |
Work Experience | Not required |
8. INSEAD (European Institute of Business Administration)
Founded in 1957, INSEAD (European Institute of Business Administration) is the only business school that maintains campuses in Asia(Singapore), Europe (Fontainebleau, France), the Middle East (Abu Dhabi, United Arab Emirates), and North America (San Francisco). It is clearly the top MBA school in the world with an average acceptance rate of 30%. INSEAD is among the top universities that produce the most ultra-high-net-worth individuals.
Average Fees: € 98,500 per year
Average Salary Package: $113,700
Eligibility Criteria:
Category | Required |
Average GMAT | 710 |
Average GPA | 3.76 |
Work Experience | Minimum 3 years |
9. Haas School of Business
Founded in 1898, The Haas School of Business comes under the University Of California and have an acceptance rate near 13%. It offers a wide variety of departments and concentrations such as international business, leadership, manufacturing and technology management, marketing, management information systems, not-for-profit management, production/operations management, and organizational behavior.
Average Fees:$76,433 per year
Average Salary Package: $155,000
Eligibility Criteria:
Category | Required |
Average GMAT | 729 |
Average GPA | 3.64 |
Work Experience | 3-8 years |
10. Yale School of Management
Comes under Yale University, The Yale School of Management is the graduate business. It is the top b school in the world that awards the MBA, MBA for Executives, Master’s Degree in Global Business & Society (GBS), and so on. This business school acceptance rate is nearly 25% and the size of the class is 345-355.
Average Fees: $79,000 per year
Average Salary Package: $160,000
Eligibility Criteria:
Category | Required |
Average GMAT | 723 |
Average GPA | 3.65 |
Work Experience | Not Required |
11. Cambridge Judge Business School
Cambridge Judge Business School was founded in 1990 and is named after Sir Paul Judge, who was a founding benefactor of the school. This business school always comes in the category of the top business schools in the world and is famous for offering top global MBA programs such as entrepreneurship and innovation management. Talking about the class size of this b school is around 205-210 and 30% is the acceptance rate.
Average Fees: GBP 64,000
Average Salary Package: GBP 75,359
Eligibility Criteria:
Category | Required |
Average GMAT | 690 |
Work Experience | Minimum 2 yrs |
12. The University of Chicago Booth School of Business
Being one of the oldest schools in the United States, The University of Chicago Booth School of Business was founded in 1898. Having an acceptance rate near 20%, it offers top global MBA programs such as supply chain management/logistics, quantitative analysis/statistics and operations research, and technology.
Average Fees: $77,841 per year
Average Salary Package: $150,000
Eligibility Criteria:
Category | Required |
Average GMAT | 729 |
Average GRE | 320 |
Work Experience | Not Required |
13. Leonard N. Stern School of Business
Affiliated with New York University, Leonard N. Stern School of Business is a well-known top MBA school in the world with a nearly 7 % acceptance rate. It offers highly ranked academic programs such as general management, health care administration, international business, leadership, manufacturing and technology management, marketing, management information systems, and production/operations management.
Average Fees: $54,765/ year
Average Salary Package: $155,000
Eligibility Criteria:
Category | Required |
Average GMAT | 700 – 760 |
Average GPA | 3.34 – 3.89 |
Work Experience | 4 years |
14. Kellogg School of Management
Established in 1908, The Kellogg School of Management at Northwestern University (also known as Kellogg) is considered as one of the oldest business schools in the world. Having an acceptancy rate of 20%, Kellogg offers highly ranked academic programs such as marketing, management sciences, and decision sciences.
Average Fees: $76,950 per year
Average Salary Package: $158,000
Eligibility Criteria:
Category | Required |
Average GMAT | 737 |
Average GPA | 3.76 |
Work Experience | 4 yrs |
15. IMD – International Institute for Management Development
International Institute for Management Development was founded in 1990, and from that day till now it is well known as a top best business school in the world. It is famous for providing quality education and was specialize in executive education offering open enrollment programs for senior executives. Having an acceptance rate of nearly 27% and have a class size of 100-110.
Average Fees: CHF 80,000
Average Salary Package: $ 126,236
Eligibility Criteria:
Category | Required |
Average GMAT | 680 |
Work Experience | 3-8 years |
16. UCLA Anderson School of Management
Established in 1935, UCLA Anderson School of Management also known as John E. Anderson Graduate School of Management is a graduate business school affiliated with the University of California, Los Angeles, one of 11 professional schools. This business school not only offers MBA but also provides PGPX, Financial Engineering, Business Analytics, etc.
Average Fees: $71,071 per year
Average Salary Package: $130,000
Eligibility Criteria:
Category | Required |
Average GMAT | 711 |
Average GPA | 3.1-3.8 |
Work Experience | Not Required |
17. Tuck School of Business
Tuck School of Business was established in 1900 and it was a graduate business school of Dartmouth College. This business school has an acceptance rate near to 20% and offers a Master of Business Administration degree program.
Average Fees: $77,520 per year
Average Salary Package: Average $150,000
Eligibility Criteria:
Category | Required |
Average GMAT | 726 |
Average GPA | 3.52 |
Work Experience | Not Required |
18. UNC Kenan-Flagler Business School
Established in 1919, The UNC Kenan–Flagler Business School was renamed to its current name in honor of Henry Flagler and her wife, Mary Lily Kenan. It always ranked in the list of the world’s best business schools and is known for providing extraordinary learning experiences. Having an acceptance rate near 30 %, this school offers highly-ranked academic programs such as marketing, international business, and human resource management.
Average Fees: $53,552-$71,364 per year
Average Salary Package: $ 125,68
Eligibility Criteria:
Category | Required |
Average GMAT | 706 |
Average GPA | 3.43 |
Work Experience | Not Required |
19. Samuel Curtis Johnson Graduate School of Management
The Samuel Curtis Johnson Graduate School of Management is a graduate business school founded in 1946 and it is affiliated with SC Johnson College of Business at Cornell University. Having an acceptance rate of nearly 30%, this school offers highly ranked academic programs such as hotel administration, human resources management, international business, leadership, manufacturing, and technology management.
Average Fees: 49,272 USD
Average Salary Package: $155,048
Eligibility Criteria:
Category | Required |
Average GMAT | 650 – 750 |
Average GPA | 3.30 |
Work Experience | Not required |
20 . Alliance Manchester Business School
Located in the city of Manchester, Alliance Manchester Business School is a graduate business school affiliated with the University of Manchester. It is one of the top-rated MBA schools as well as the 2nd oldest school in the UK. Having an acceptance rate near 35%, Alliance Manchester Business School offers top global MBA programs such as entrepreneurship, human resources management, and marketing.
Average Fees: £28,500 to $65,000
Average Salary Package:$85,000
Eligibility Criteria:
Category | Required |
Average GMAT | 660 |
Work Experience | Minimum 3 years |