A Master of Business Administration or MBA is one of the most renowned degrees students aim for after completing their undergraduate studies. Depending on the university offering this program, this degree could be from 10 months to 3 years long.
Passionate students often target top Business Schools to pursue MBA. The best MBA Colleges in the world offer a rich, comprehensive curriculum and sometimes even the best placements.
However, getting entry into these universities is not an easy task. You need to stand out from thousands of applicants regarding work experience, SOP, Academic profile, References and aptitude test scores.
You can pick from majors like Accounting, finance, marketing, operations strategy, managing organizations, and economics for the Master of Business Administration degree.
Top MBA Business Schools in the World
|
Universities/ Colleges |
Location |
|
Stanford Graduate School of Business |
Stanford (CA), US |
|
Harvard Business School |
Boston (MA), US |
|
Penn (Wharton) |
Philadelphia (PA), US |
|
HEC Paris |
Jouy en Josas, France |
|
Sloan School of Business and Management (MIT) |
Cambridge (MA), US |
|
London Business School |
London, UK |
|
lE Business School |
Madrid, Spain |
|
INSEAD |
Paris, Singapore, France |
|
Columbia Business School |
New York (NY), US |
|
IESE Business School |
Barcelona, Spain |
|
UC Berkeley (Haas) |
Berkeley (CA), US |
|
Chicago (Booth) |
Chicago (IL), UK |
|
Esade Business School |
Barcelona, Spain |
|
Said Business School (Oxford) |
Oxford, United Kingdom |
|
The University of California, Los Angeles (UCLA Anderson) |
Los Angeles (CA) US |
Best MBA Colleges in the World: Country Wise
Top MBA Schools in the USA
- Stanford University
- Harvard University
- Duke University
- Columbia University
- New York University
- MIT
- Carnegie Mellon University
- University of Chicago (Booth)
- University of California- Berkeley (Haas)
- University of Michigan-Ann Arbour
Top MBA Schools in Canada
- University of Toronto
- McGill University
- Western University
- Queen’s University
- York University
- University of Alberta
- University British Columbia
- Concordia University
- Saint Mary’s University
|
Talk to an ExpertTop MBA Schools in the UK
- London Business School (LBS)
- Cambridge Judge Business School (University of Cambridge)
- Said Business School (University of Oxford)
- Imperial College Business School
- University of Warwick
- Durham University Business School
- City University of London Bayes Business School
- Cranfield School of Management
- University of Edinburgh Business School
Top MBA Schools in Australia
- University of New South Wales
- University of Melbourne
- University of Sydney
- University of Technology Sydney
- Australian National University
- Monash University
Best MBA Colleges in the World: Average Tuition Fees
|
University |
Course duration |
Average tuition fees (USD) |
|
Stanford Graduate School of Business |
2 years |
119,964 |
|
Penn (Wharton) |
21 months |
115,432 |
|
MIT (Sloan) |
2 years |
77,168 |
|
Harvard Business School |
2 years |
73,440 |
|
HEC Paris |
15 months |
€ 78,000 |
|
INSEAD |
10 months |
€89,000 |
|
London Business School |
21 months |
£92,735 |
|
Columbia Business School |
20 months |
77,376 |
|
IE Business School |
11 months |
72,200 |
|
UC Berkeley (Haas) |
21 months |
106,348 |
Best MBA Colleges in the World: Average Starting Salary
The best MBA Colleges in the world boast very impressive employability rates and starting salaries for the graduates. This also increases the
|
University |
Employability rate |
Average Starting Salary (USD) |
|
Stanford Graduate School of Business |
91% |
156,000 |
|
Penn (Wharton) |
98.5% |
150,000 |
|
MIT (Sloan) |
95.5% |
144,140 |
|
Harvard Business School |
90% |
150,000 |
|
HEC Paris |
92% |
€107,453 |
|
INSEAD |
92% |
105,900 |
|
London Business School |
91% |
£83,295 |
|
Columbia Business School |
90% |
150,000 |
|
IE Business School |
92% |
93,264 |
|
UC Berkeley (Haas) |
89% |
140,000 |
Best MBA Colleges in the World: Admission Requirements
Documents Required for MBA Application in top universities
Applying to the MBA Program requires the following requirements.
- GRE/GMAT Scores
- Professional Experience
- Letters of Reference
- Essays
- Personal Information, Activities and Awards
- Application fees (USD 150- 300)
- Optional Short Answer Questions
- Transcripts
- English Language Proficiency Scores
English Test Scores
The minimum scores in English Tests such as IELTS and TOEFL differ from university to university offering the Master of Business Administration Program.
|
Test |
Minimum Score |
|
TOEFL* |
100-110 for the internet-based test (iBT**) |
|
IELTS (Academic) |
7.0 - 7.5 overall band score |
|
PTE (Academic) |
68-75 overall score |
Best MBA Colleges in the World: Average GMAT Scores
GMAT Scores are essential to evaluating a student’s profile before admission. Top MBA Universities either ask for GMAT Scores or equivalent GRE Scores as a mandatory part of admission requirements.
|
Business School |
Average GMAT Score |
|
Stanford Graduate School of Business |
733 |
|
Harvard Business School |
725 |
|
Wharton (UPenn) |
732 |
|
Chicago Booth |
726 |
|
HEC Paris |
682 |
|
MIT Sloan |
716 |
|
INSEAD |
703 |
|
Columbia University |
715 |
|
IESE Business School |
669 |
|
UC Berkeley Haas |
715 |
|
UCLA Anderson |
713 |
If you want to know about GMAT Exams, syllabus, registration and fees, check out this article on GMAT Exams.
Best MBA Universities in the World: Top Online MBA Programs
According to the Princeton Review, these are the best online MBA Courses. The factors such as a combination of institutional and student survey data, including career outcomes, technological infrastructure, academic rigour, cost, and affordability, among others, are considered for this ranking.
|
University |
Acceptance Rate |
Total Tuition Fees |
Average starting salary |
|
Indiana University- Bloomington Kelley School of Business |
36% |
78,246 |
125,140 |
|
The University of North Carolina at Chapel Hill |
55% |
125,589 |
134,235 |
|
Carnegie Mellon University |
56% |
141,320 |
134,000 |
|
University of Florida |
46% |
59,807 |
150,505 |
|
The University of Southern California- Marshall School of Business |
57% |
109,428 |
189,154 |
|
Rice University |
69% |
112,330 |
123,786 |
|
University of Utah |
75% |
62,400 |
140,609 |
|
Arizona State University |
59% |
59% |
103,711 |
|
Babson College |
90% |
91,815 |
88,337 |
|
IE University |
69% |
60,130 |
143,808 |
|
Best MBA Colleges in the world: Jobs after completing Master of Business Administration
Almost every industry hires MBA professionals in the marketing, management and finance departments, regardless of the type. After completing a Master of Business Administration from the leading MBA Universities, students will be offered a placement with attractive salary packages.
Depending on the specialization, one can expect to work on supply chain management, technology/ innovation management, health care management, customer growth and beyond.
The leading companies worldwide which hire MBA graduates with attractive salary packages are:
- Microsoft
- AT Kearney
- EY/EY Parthenon
- Accenture
- Deloitte
- Johnson & Johnson
- PepsiCo
- Amazon
- Bain & Company
- McKinsey & Company
- Boston Consulting Group
|
MBA jobs in Canada |
Average salary per year in USD |
|
Business Development Manager |
182,000 |
|
General Manager |
180,000 |
|
Manager |
204,000 |
|
Project Manager |
138,000 |
|
Business Advisor |
141,000 |
|
Strategy Director |
200,000 |
|
Chief Financial Officer |
148,000 |
|
Executive Director |
108,000 |
|
Financial Analyst |
159,000 |
|
Marketing Manager |
146,000 |
|
Operations Manager |
111,000 |
