Top Business Universities in the USA

Top Business Universities in the USA

Top Business Universities in the USA
Binay Poudel

The study of business deals with management, economics, and business fundamentals. It incorporates finance, organizational studies, accounting, marketing, human resource management, and operations. 

A business degree will equip you with the academic knowledge and abilities needed to pursue worldwide employment prospects and a comprehensive grasp of firms and specialized sectors such as finance and human resources. 

The course will assist you in developing the necessary skill set to address issues and modern challenges in business and society, enabling you to make wise managerial decisions that consider ethical, economic, and social repercussions.

Choosing to study business in the United States ensures that your degree and qualifications will be acknowledged by companies and academia globally. You can look at top universities and receive a high-quality education using new teaching techniques and access to cutting-edge technology and facilities. 

Graduates are hired by huge corporations like Amazon, Google, Walmart, Uber, etc., as well as small enterprises, governmental organizations, startups, and consultancy firms after completing the program. 

Graduates in business are in high demand. The U.S. Bureau of Labor Statistics projects that employment in business and finance will increase by 8% through 2030, creating around 750,800 new jobs.

Global ranking of some of the top universities in the USA for Business courses

Below is the list of best universities in the United States ranked based on their research performance in business management.

Ranking

Universities/Colleges

Location

1

Harvard University

Cambridge, United States

4

Stanford University

Stanford, United States

5

Massachusetts Institute of Technology (MIT)

Cambridge, United States

7

University of Pennsylvania

Philadelphia, United States

12

The University of California, Berkeley (UCB)

Berkeley, United States

16

Northwestern University

Evanston, United States

18

New York University (NYU)

New York City, United States

22

Columbia University

New York City, United States

27

University of Michigan-Ann Arbor

Ann Arbor, United States

29

Yale University

New Haven, United States

34

The University of California, Los Angeles (UCLA)

Los Angeles, United States

39

Cornell University

Ithaca, United States

46

Duke University

Durham, United States

55

The University of Texas at Austin

Austin, United States

Programs for Bachelors in Business with tuition fees in the USA

Below is the list of best universities in the United States that offer an undergraduate program in Business or a closely related field.

Universities/Colleges

Courses

Tuition fees per annum (International)

Harvard University

Bachelor of Liberal Arts in Business Administration and Management

$31,680–$63,360 (Average total cost)

Massachusetts Institute of Technology (MIT)

Bachelor in Business Analytics

$57,590

University of Pennsylvania

Bachelor of Science in Business Analytics

$56,212

BS in Business Economics and Public Policy

$56,212

BS in Business, Energy, Environment, & Sustainability

$56,212

The University of California, Berkeley (UCB)

Bachelor of Science in Business Administration

$45,822

$14,796+$31,026

New York University (NYU)

BS in Business and Political Economy

$59,811

The University of Michigan-Ann Arbor

Bachelor of Business Administration

$55,334

Academic Requirement

  • Completion of 12 years of education or equivalent
  • Prerequisite courses are English and Mathematics
  • SAT/ACT, if required by the university

English Language Requirement

  • IELTS: Overall score of at least 6.0 to 6.5, with a minimum score of 5.5 in each band
  • TOEFL: Overall score of at least 75 to 85, with a minimum score of 15 in each band

Programs for Masters in Business with tuition fees in the USA

Below is the list of best universities in the United States that offer a postgraduate taught program in Business or a closely related field.

Universities/Colleges

Courses

Tuition fees per annum (International)

Harvard University

Master of Business Administration

$52,456

Stanford University

Master of Business Administration

$76,950

Massachusetts Institute of Technology (MIT)

Master of Business Analytics

$80,400

Master of Business Administration

$80,400

University of Pennsylvania

Business Analytics MBA major

$84,874

MBA Major in Business Economics and Public Policy

$84,874

MBA Major in Business, Energy, Environment, and Sustainability

$84,874

The University of California, Berkeley (UCB)

MBA

$76,433

New York University (NYU)

Master of Business Administration (MBA)

$82,326

University of Chicago

Master of Business Administration (MBA)

$77,841

Columbia University

Master of Business Administration (MBA)

$80,472

The University of Michigan-Ann Arbor

Master of Management

$73,196

Yale University

Master of Business Administration (MBA)

$79,000

Academic Requirement

  • A bachelor's degree in a quantitative background such as mathematics, economics, engineering, statistics, or computer science.
  • For applicants with non-quantitative backgrounds, five years of relevant work experience is necessary.
  • Sufficient exposure to programming languages, statistics, and statistical software.
  • GRE/GMAT score is required for an international applicant.

English Language Requirement

  • IELTS: Overall score of at least 7.0, with a minimum score of 6.0 in each band. 
  • TOEFL: Overall score of at least 90, with a minimum score of 18 in each band

Programs for Ph.D. in Business with tuition fees in the USA

Below is the list of best universities in the United States that offer postgraduate research programs in Business or a closely related field.

Universities/Colleges

Courses

Tuition fees per annum (International)

Harvard University

Ph.D. in Business Economics

$52,456

Ph.D. in the Business Administration

University of Chicago

Ph.D. in Business Accounting

$70,056

Columbia University

Ph.D. in Business Economics

$48,246

University of Michigan-Ann Arbor

Ph.D. in Business and Economics

Full tuition waiver

Academic Requirement

  • A four-year bachelor’s degree from an accredited university with a major in business 
  • Master's degree in the area of specialization. 
  • Some universities require GRE/GMAT.
  • In addition to academic requirements, universities may require evidence of research, publication, or work experience in the area of specialization. 

English Language Requirement

IELTS: 6.5-7.0, with a minimum score of 6.0 in each band. 

  • TOEFL: Overall score 80-85, with a minimum score of 18 in each band
  • PTE: Overall 55-65. 

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Top Business Universities in the USA: Scholarships

The table below lists the scholarships available to international students interested in business-related degree programs in the United States.

The scholarships may be general or specific to business-related disciplines.

Universities/Colleges

Scholarship

Amount

Harvard University

Need-Based Scholarships

$42,000 per year

Stanford University

Stanford GSB Need-Based Fellowships

$42,000

Massachusetts Institute of Technology (MIT)

First Year Grant

$2,000

The University of Chicago

Federal TEACH Grant Program

$4000-$8000

Columbia University

International MBA students in Med-Tech Innovation Program

Varies

IED Barcelona Scholarship Contest

$9,000-$15,000

University of Michigan-Ann Arbor

LSA Scholarship

Up to $10,000

Top Business Universities in the USA: Career and Job Scope

A business degree offers students a solid academic foundation in the most critical aspects of running a firm, such as management and general business administration. 

These competencies are broad enough that, after graduation, positions in a range of sectors may be possible. A business degree opens up more opportunities in the corporate sector. 

With a degree in business-related studies, you could work as an accountant, administrative services manager, financial analyst, health services manager, HR specialist, management analyst, market research analyst, or marketing manager. 

According to PayScale's calculations, Master’s in Business Administration graduates may anticipate making an average salary of $90,000 annually.

Job Title

Range

Average

Senior Financial Analyst

$64k - $102k

$81,427

Project Manager

$57k - $113k

$81,184

Operations Manager

$57k - $134k

$88,582

Chief Financial Officer (CFO)

$87k - $252k

$150,401

Director of Operations

$70k - $172k

$111,951

Senior Product Manager

$103k - $173k

$143,232

Vice President (VP), Operations

$85k - $196k

$133,780

Senior Business Analyst

$68k - $121k

$90,919

Chief Executive Officer (CEO)

$75k - $319k

$153,877

Financial Analyst

$52k - $84k

$66,250

Product Marketing Manager

$72k - $137k

$101,169

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