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.
|
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 |