25 Best Business Schools in The World 2024

Best Business Schools in The World

It’s no surprise that many mid-career professionals and undergraduates are seeking out the best schools, colleges or universities in the world to study business. Why? Following the current trend, it’s not out of place to say that tech and entrepreneurship are the new oil in this dispensation.

To be better equipped for the wave in the business world, students and mid-career professionals need to gird up. their loins with adequate knowledge. Following this assertion, we bring you the top business universities to help you streamline your search. Kindly note that each business college has its admission requirements.

Therefore before making a pick, we recommend you check the school’s requirements and eligibility criteria before applying. With that being said, here are the business colleges on our list as the best in the world.

Best Business Schools in The World

Why Study Business?

Business and its related disciplines like Finance, Accounting, Management, and Economics are some of the most studied fields in universities for business in the world, especially at the graduate level.

You may not know why these fields of study are the most popular—the global demand for business graduates is huge, business is involved in almost every aspect of modern human society, and the career opportunities for business degrees are many and spans across different areas, and usually comes with high income.

If you are interested in this field of study, then you are in for a huge adventure.

Types of business degrees

Business degrees obtained from colleges around the world are usually understood as encompassing a wide range of courses and programs, some are extremely specialized while some are interdisciplinary; and some business programs are more academic, while others are mainly focused on actual professional development.

A business degree can be classified in terms of levels (ie, undergraduate, graduate, professional) and others may be categorised as subject focus.

Some areas of business studies that may be covered directly in a business program  or as supplementary elements for different types of business degrees include:

AccountingManagement sciencesComputer sciences
FinanceSociologyEntrepreneurship
MarketingLawModern languages
Human resource managementQuantitative techniques (mathematics) Sports management
Strategic managementEconomics Fashion management

25 Best Schools For Business In The World

From research, we have come up with top-rated schools for business across the world. Kindly note that this list is ranked in sequential order according to a number of parameters.

Basically, we considered the previous students’ satisfaction level, and what corporate recruiters and industry professionals had to say. So, if you are thinking of boosting your prospects with a degree in business, this section has got you covered.

Here are the best international business schools in the world that can help advance your career.

#1. Harvard Business School

Location: Boston, MA, USA.

With age-old tradition and a long history of excellence, Harvard Business School is the No. 1 world business school. Beyond its prestigious name, Harvard has a track record of delivering quality education in its MBA programs. Actually, Harvard is the pioneer in business education.

Also, it may interest you to know that the first MBA program in the world commenced at Harvard in 1908. Out of 100, Harvard ranks 99.81 which makes it claim the spot as No 1 in the list of best schools for business in the world.

Also Read: How to get into a business school: All Requirements for Business School

#2. Wharton School   

Location: Philadelphia, USA

Up next on our list of best universities for business in the world is the Wharton School. Wharton School is an extension of the University of Pennsylvania which was the world’s first collegiate business school.  Basically, this business school is best for undergraduates. 

A business program at Wharton is flexible and allows you to gain maximum knowledge from the program. It ranks 98.38 on a scale of 100.

#3. Massachusetts Institute of Technology – MIT Sloan School of Management 

Location: Cambridge, MA, USA

This is one of the best schools for business in the world. If you seek a business school that has a way of improving your business acumen to tilt towards problem-solving, then MIT bids you welcome.

MIT has a reputation for offering problem-solving MBA programs that have a global impact. You can be sure to practice the theories you learn. MIT boasts 14 Action Learning Laboratories that focus on sustainability, entrepreneurship, and global health.  It ranks 95.95 out of 100% rating.

Also Read: MBA in Australia for International Students – Scholarships, Cost, Requirements

#4. London Business School   

Location: London, UK

London School of Business focuses on economics, management, finance, and the social sciences. It’s actually one of the top best undergraduate universities for business in the world.  But the not-so-good news is that London business school is a relatively small speciality school. London business school ranks 95.56%.

#5. INSEAD Business School   

Location: Fontainebleau, France   

INSEAD is one of the best business schools in the world that does not discriminate on the basis of race, gender, religion, age, disability, or ethnic origin.

What this means is that as long as you can pay your tuition by scholarship or personal funding, INSEAD has a spot for you. However, they focus on just Master’s and PhD programs. INSEAD ranks 95.3%.

#6. Saïd Business School

Location: Oxford, UK   

The Said Business School is one of the world’s best-rated universities for undergraduate business programs. Saïd is an extension of the University of Oxford and since its inception, it has had a track record of unquestionable global and historical impact. 

Also, when you consider the alumni body, Saïd has produced many world leaders, reformers and brilliant thinkers. Over the years, Oxford has ranked No 1 in the U.K. for quality of research with a 95.19 rating.

#7. Columbia Business School

Location: New York, USA

Columbia University was established before the American Revolution. And since its inception, it has meandered its way into one of the best business schools in the world through quality education. This business school has produced cutting-edge material to produce quality education from the ever-evolving Columbia University curriculum trends. It ranks 94.98 out of 100.

#8. Haas School of Business   

Location: Berkeley, CA, USA   

Haas School of Business is one of the best colleges for business in the world. Although an independent institution, Haas is affiliated with UC Berkeley to offer one of the best undergraduate business programs in the world. 

A business study in Haas equips you with the skills and knowledge necessary in the present business world.  Besides that, Haas integrates her curriculum with liberal arts to ensure that the students apply their knowledge in business, science, and art career paths. For ranking, Haas scores 94.73 out of 100.

Also Read: Top 10 Business Doctoral Programs online

#9. Stanford Graduate School of Business

Location: Stanford, CA, USA

If you’re interested in business research then Stanford is your best bet as it is one of the best schools for business in the world.

Basically, Stanford aims to prepare its students with knowledge for business and leadership roles. Hence the reason why Stanford graduates are good managers and human resource experts. On a scale of 100, Stanford ranks 94.71.

#10. IESE Business School

Location: Barcelona, Spain   

IESE is a business school that helps you get the management education you need. Their programs help you optimise your knowledge, and improve your integrative thinking and global mindset. Besides that, they empower you on the strategies to do better business while delivering positive, immediate and lasting impact. 

However, they are focused on just Master’s and PhD programs with 94.54% out of 100 ratings. Therefore, IESE is not recommended for undergraduate business programs.

#11. International Institute for Management Development (IMD)       

Location: Lausanne, Switzerland   

Up next on our list of best schools for business in the world is IMD.  IMD focuses on educating students on how to address business challenges and unlock growth opportunities.

Also, they prepare students to contribute substantially to organisational growth. Furthermore, IMD combines the best of academia and business. Also, IMD honed the leadership and research skills of her students by dividing them into teams. On the 100% rating scale, IMD ranks 94.42.

Also Read: 25 Colleges with High Acceptance Rate

#12. Yale School of Management

Location: New Haven, CT, US

Another university in our list of best universities in the world for business is Yale School of Management. Basically, Yale focuses on accounting, consulting, entrepreneurship, human resources management and other business-related courses. Also, Yale offers a guarantee of immediate employment to its graduates.

Over 75.40% of Yale graduates get employed at graduation. Hence this reason why it is listed in the list of best schools for business in the world with a 94.21% rating.

#13. Cambridge Judge Business School   

Location: Cambridge, UK

Cambridge judges business school is one of the best colleges for business programs in the world. Since its inception 700 years ago, Cambridge has stood the taste of time and evolved with the trend in education.

The school has modern teaching facilities, cutting-edge research, and public engagement that reckons with the modern age. Hence the reason it ranks 93.9% out of 100.

#14. Alliance Manchester Business School

Location: Manchester, UK   

Alliance Manchester Business School is one of the leading business universities in the world. It has six global hubs which attract the most talented executives to world-class training and leadership.

Since its establishment in 1965, this business school has stuck to delivering top-notch research and industry-focused education at all levels. So, whether you seek an undergraduate business course or CEO level program, Alliance MBS got you covered. It has a 93.57% rating out of 100.

#15. HEC Paris

Location: Paris France

The HEC Paris is otherwise known as École des hautes études commerciales de Paris. HEC is one of the most prestigious and selective business schools in Jouy-en-Josas, France. 

HEC offers MBA, PhD and EMBA programs such as Master in Management, MSc International Finance and specialised MSc programs. In addition to business, HEC gives room for innovation & entrepreneurship with a 93.56% rating.

Also Read: 15 Business Schools in Boston to study

#16. University of Chicago Booth School of Business

Location: Chicago, US   

The University of Chicago has a business school extension known as the Booth School of Business. This business school focuses on entrepreneurship, finance, international business, general management, marketing and many other business courses.

At graduation, 84.30% of Booth School of Business graduates are employed. Hence why it ranks 93.52% out of 100.

#17. Kellogg School of Management Northwestern University

Location: Evanston, IL, US

Kellogg School of Management is one of the best colleges for business programs in the world. Basically, Kellogg focuses on health care administration, leadership, marketing, not-for-profit management etc.

Also, they offer public administration courses, public policy, quantitative analysis/statistics and operations research. Kellogg has a slot for part-time programs for mid-career professionals. It ranks 93.18 out of 100%.

#18. Duke University Fuqua School of Business   

Location: Durham, North Carolina, US   

The Fuqua School of Business at Duke University (Fuqua) is one of the best colleges in the world. Duke University Fuqua business school has a variety of programs at the undergraduate and graduate levels. Besides that, Fuqua ranks 92.96% out of 100 making it one of the best schools for business in the world.

#19. Leonard N. Stern School of Business

Location: New York, US   

Leonard N. Stern School of Business is an extension at New York University. Majorly Stern offers only business-related courses. Therefore, regardless of your interest, stern has an option for you. An interesting fact about Stern is that she groups her students in blocks of about 60 before school commences.

You will work with this team in research, study and even have lunch until your program finishes. Stern ranks 92.86 out of 100%.

#20. ESADE Business School 

Location: Barcelona, Spain    

The ESADE is one of the best colleges for graduate and undergraduate business programs in the world. ESADE is associated with Ramon Llull University. Over the years, it has received multiple awards from EQUIS, AACSB and AMBA.

Also, the Financial Times ranks it as one of the world’s top business schools. By design, ESADE was structured as a  school for business, law and Executive Education area. It ranks 92.37 out of 100% making it one of the best schools for business in the world.

#21. UNC Kenan Flagler Business School

Location: Chapel Hill, North Carolina, US   

With a 92% rating, the University of North Carolina Chapel Hill (Kenan-Flagler) is among our list of best business universities in the world. 

The Kenan-Flagler Business School offers courses in major and minor business-related programs. Here at Kenan-Flagler, the school stresses the importance of developing business strategies and leadership skills through hands-on experience. 

Also, you will have access to over 15 hands-on business projects, simulations, and capstone courses to gain real-life experience. It’s one of the business schools in the world that offers online MBA programs.

#22. Tuck School of Business

Location: Hanover, New Hampshire, US   

The Tuck School of Business is an extension of Dartmouth College. Tuck concentrates on courses such as consulting, e-commerce, finance, entrepreneurship, ethics and general management. Studying at Tuck improves your teamwork acumen. 

Here at Tuck, students are grouped into small teams to study as well as carry out major research and tasks. Tuck scores 91.9% out of 100 in rating.

#23. Stephen M. Ross School of Business

Location: Ann Arbor, Michigan, USA

Ross School of Business is an extension of the University of Michigan and one of the best schools for business in the world. Basically, they offer a BSc in Business Administration which is one of the best for undergraduate studies.

Being taught at Ross School of Business helps you develop crucial business and critical thinking skills from top business minds in the world. If you want to study abroad for exchange programs, Ross offers an opportunity for that.

From the rank results, Ross ranks 91.85 out of 100, making it one of the best business schools globally.

#24. HKUST Business School

Location: Hong Kong, Hong Kong

The Hong Kong University of Science and Technology (HKUST) is considered today as one world’s leading business universities in Asia. At HKUST, you can apply for undergraduate programs, full-time MBA, MSc, PhD, and EMBA in partnership with Kellogg School of Management and Executive Education programs. 

And for the records, HKUST through an Asian business school is accredited by both the US-based Association to Advance Collegiate Schools of Business and the European Quality Improvement System. HKUST rates 91.37 percentile out of 100.

#25. UCLA Anderson School of Management

Location: Los Angeles, California, US   

With a 90.97%, the Anderson School of Management at UCLA ranks in the list of business schools in the world. Here at Anderson, traditional MBA students complete their core business courses in a year.

Following this year is the freedom to select courses to pursue tracks and specializations. And just if you do not have time, Anderson allows students to earn a graduate business degree on weekends. All you should do is apply through the Fully Employed MBA or Executive MBA programs. 

Conclusion

We hope this piece has simplified and directed your view to the best schools and universities you can go to for a business degree anywhere in the world without mincing words. Before applying, consider the tuition cost. And if the cost would be a problem, apply for fully or partially funded scholarships.

Good luck, scholar!!!

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References

  • https://uniacco.com/blog/best-undergraduate-business-schools-in-the-world
  • ceoworld.biz: Best Business Schools In The World For 2024
  • usnews.com: 2024-2024 Best Business Schools
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