Do you care to know the best business schools in the world today? Given the tough job market and growing global competition, business schools may be the key to getting the edge and this is why we have listed the top 10 business schools in this article.
For the annual survey of the Best Business Schools in the World, thousands of professionals around the world who have had experience employing people with MBAs were asked and after scrutinizing their report with other online platforms we present to you the best business schools.
Respondents rated the reputations of graduates from top business schools around the world on a scale ranging from mediocre to excellent (1 to 5), with excellent ratings used as a tiebreaker. We included responses only from professionals who at least half the time said they have experience hiring people with MBAs, as well as other filters to improve the group of respondents.
The 10 Business Schools In The World
#1. Harvard University
Rating: 4.34 out of 5 based on the reputation of its graduates.
Location: Cambridge, Massachusetts
Fee, registration and others: USD $ 95,100
US News & World Report ranked Harvard and Stanford tied on its list of best business schools in the United States. But our readers declared a definitive first place, giving the title to no. 1 last year to Harvard Business School. It was close, as Harvard beat Stanford by a .04 percent margin. Almost 60 percent of those surveyed rated Harvard as excellent, helping the school maintain first place.
#2. Stanford University (Stanford Graduate School of Business)
Rating: 4.33 out of 5 based on the reputation of its graduates.
Location: Palo Alto, California
Fee, registration and others: USD $ 99,435
Stanford stole the top spot from Harvard in 2012, but it fell short of No. 1 for the second year in a row. Still, nearly a third of those surveyed rated Stanford very good, while only 24 percent gave Harvard those grades. Additionally, this school is more selective than Harvard’s, accepting 6.8 percent of applicants, compared to Harvard’s acceptance rate of 11.3%.
#3. University of Pennsylvania (Wharton School)
Rating: 4.15 out of 5 based on the reputation of its graduates.
Location: Philadelphia, Pennsylvania
Fee, registration and others: USD $ 97,542
Known for its undergraduate business program, one of the most selective in the United States, the school jumped nine spots compared to last year. Students also benefit from the largest global alumni network of nearly 100,000 graduates. Only 2% of those surveyed rated Wharton as mediocre.
#4. Massachusetts Institute of Technology (Sloan School of Management)
Rating: 4.09 out of 5 based on the reputation of its graduates.
Location: Cambridge, Massachusetts
Fee, tuition and others: USD $ 92,827
According to the school, more than 92% of MBA program graduates received job offers within three months of graduation, including invitations from notable companies such as Amazon, McKinsey & Co., and JPMorgan. The school was ranked on the 4th position of the best business schools in the world.
#5. University of Chicago (Booth School of Business)
Rating: 3.94 out of 5 based on the reputation of its graduates.
Location: USA / China / UK
Fee, registration and others: USD $ 94,933
This institution claims to base its studies on the most scientific disciplines of the same, such as accounting, economics, or statistics, to ensure that this will help students to “better define problems, ask better questions and develop better solutions.” They are specialized in postgraduate and master’s degrees, although you can also access to take a basic training course. It has campuses in Chicago (USA), Hong Kong (China), and London (UK).
#6. Columbia University (Columbia Business School)
Rating: 3.83 out of 5 based on the reputation of its graduates.
Location: New York, New York
Fee, registration and others: USD $ 96,468
Columbia may have dropped two spots on this year’s list, but it remains steady on the US News list. Columbia operates on an entrepreneurial philosophy and offers several resources for budding entrepreneurs, from mentors to discount memberships in New York co-working spaces.
#7. Northwestern University (Kellogg School of Management)
Rating: 3.79 out of 5 based on the reputation of its graduates.
Location: Evanston, Illinois
Fee, registration and others: USD $ 88,807
Kellogg offers a global program, as it has five colleges around the world: in Hong Kong, Tel Aviv, Toronto, Vallendar / Koblenz, and Beijing, of which 85% of the student body takes advantage of during their study. Kellog also offers an intensive one-year MBA degree.
#8. London School of Economics and Political Science
Rating: 3.77 out of 5 based on the reputation of its graduates.
Location: London, England
Fees, tuition and others: USD $ 80,247 (value of the entire degree)
After exiting the MBA program (known at this school as an MBA) 28 percent of graduates enter the banking and finance industries, which makes sense, as London is the center of finance. Michael Lewis and George Soros studied in this school.
#9. London Business School
Rating: 3.7 out of 5 based on the reputation of its graduates.
Location: London, England
Fees, tuition and others: USD $ 109,567 (value of the entire degree)
London Business School was founded in 1964 and prides itself on top-notch faculty and students. According to its website, this business school “combines academic excellence, the spirit of London and a global mindset. ” It has two campuses, one in London (United Kingdom) and the other in Dubai (United Arab Emirates). They call the latter the “access to global business success.”
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#10. Dartmouth University (Tuck School of Business)
Rating: 3.61 out of 5 based on the reputation of its graduates.
Location: Hanover, New Hampshire
Fee, registration and others: USD $ 93,550
Tuck moved up three spots in our business school rankings, one of the best choices of students from all over the world. Graduates of this school report average starting salaries of more than $115,000, with signing bonuses of nearly $30,000.