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The Top 15 Business Universities In The United States

Written by Michael Nz. on August 31, 2022

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Do you want to study in the United States but do not know how?

Have you already discovered your vocation of being an entrepreneur?

Are you ready for your dream of studying in the United States to come true?

The competition to be an entrepreneur is brutal, but those who make it have a bright future ahead of them, as Business is one of the best-paid careers in the United States. 

REQUIREMENTS TO STUDY BUSINESS IN THE USA

To study business in the United States, you must meet four essential requirements to be admitted to one of its prestigious schools:

  1. Have your high school diploma.
  2. Pass the SAT exam and admission test to American universities.
  3. Pass the TOEFL exam, an exam that assesses your level of English.
  4. Take the GMAT exam and the GRE (in the case of masters in the United States)

Once these requirements are met, applying to different business programs at universities in the United States is easier.

SCHOLARSHIPS TO STUDY BUSINESS IN THE UNITED STATES

Cool! Now you know the requirements to study in the United States.

But if you’re wondering: are there scholarships to study business in the United States?

Of course!

There are three types of scholarships:

  1. Academic Scholarships: Scholarships awarded to students with brilliant academic records.
  2. Athletic Scholarships: Scholarships awarded to students with a high athletic level in US university sports.
  3. International Scholarships: scholarships awarded to international students.

Thanks to these scholarships, you can easily finance your business degree studies.

When deciding on a university or college to attend, whether it’s an undergraduate business school or a school where you can earn an MBA, there are several factors to consider. In addition to obvious considerations like location and cost, you should consider the quality of each school’s programs and its reputation with employers. 

Therefore, this blog about the best business schools in the US is to tell you about the best business schools in the US where you can transform yourself and progress in your career. In this blog, we will talk about the best business schools in the world in 2022 and the best undergraduate business schools and ultimately rank the best business schools in the US based on many respected rankings.

The best business schools in the United States

There are many different rankings, but the best schools remain at the top regardless of the ranking system; they trade places from time to time, so there is some movement, but they are essentially the same group. As a result, here’s a comprehensive list of the best business schools in the US.

1. Stanford University Business School:

Stanford University is arguably the best business school in the world.

Accounting, Health care Administration, E-Commerce, Economics, Entrepreneurship, Ethics, Finance, General Management, Human Resources Departments, and majors offered by Stanford include management, leadership, manufacturing and technology management, marketing, Nonprofit Management,  Portfolio Management, Production/Operations Management, Organizational Behavior, Public Administration, Public Policy, Real Estate, and Sports Management. 

University Graduate School of Business. The full-time tuition is $74,706 per year. Upon graduation, 62.60% of the full-time program graduates are hired.

2. University of Pennsylvania School of Business (Wharton):

The University of Pennsylvania Wharton School was the country’s first business school and today has the largest alumni network.

Accounting, e-commerce, human resource management, insurance, international business, economics, entrepreneurship, ethics, finance, general management, health care administration, marketing, production/operations management, public policy, real estate, and the Quantitative/Statistical Analysis and Operations Research some of the departments and concentrations offered by the Wharton School at the University of Pennsylvania (Wharton).

The full-time tuition is roughly $80,432 per year. Eighty-one percent of full-time program alumni are employed by the time they graduate. Philadelphia and San Francisco are home to the school. University City, also home to Drexel University and the University of the Sciences in Philadelphia, is where Philadelphia school students can live.

3. University of Chicago Business School (Booth):

The University of Chicago (Booth) ranks third among the best business schools and first among part-time MBA programs.  

Accounting, Entrepreneurship, Finance, General Management (GM) Economics, International Business, Marketing, Management Information Systems, Production/Operations Management, Organizational Behavior, Public Policy, and Quantitative/Statistical Analysis and Operations Research are among the departments and concentrations available at the Booth University of Chicago School of Business. Full-time students pay annual tuition of $73,440. After completing the full-time program, 84.30 percent of graduates are hired.

4. Northwestern University School of Business (Kellogg)

Image Source: Northwestern University

Accounting, Public Administration, Quantitative Analysis /statistics, Quantitative Analysis /statistics economics, Entrepreneurship, Finance, General Management, Health Care Management, Leadership, Marketing, Nonprofit Management, Production/Operations Management, Organizational Behavior, Portfolio Management, Public Policy, Real Estate,  and operations research and technology are some of the departments and disciplines offered by Northwestern University’s Kellogg School of Management (Kellogg). 

Tuition is $74,871 per year for full-time students, $7,273 per credit for part-time students, and $108,918 for executive students.

Eighty.60 percent of graduates are employed at the end of the full-time program. The Kellogg School of Management offers a variety of graduate programs, including full-time and part-time MBA programs with evening and weekend seminars.

Among the more than 40,000 Kellogg graduates are Ted Phillips, president and CEO of the Chicago Bears, and Ellen Kullman, president, and CEO of DuPont.

5. Harvard Business School:

Harvard University ranks fifth among the best business schools in the world. Schools are rated based on their performance on widely recognized factors of excellence. HBS students can earn an MBA or Ph.D. or take executive education seminars. 

(HBS graduates receive a 30% discount on many executive education courses.) HBS students can also pursue joint degree programs with Harvard Law School, Harvard Kennedy School of Government, Harvard Medical School, and Harvard School of Dental Medicine.

Graduate students of the business school in Cambridge, Massachusetts, may reside on campus. Students can also conduct research at the Massachusetts Institute of Technology.

Students can join one of more than 70 groups on campus to enrich their studies. In addition, the annual HBS Show, a live musical theater show hosted by MBA students, brings some fun to the otherwise grueling course schedule. The full-time tuition is $73,000 per year. Upon completion, 79% of full-time program graduates are employed.

HBS has nearly 100,000 graduates, many of whom have become CEOs of major organizations. James Dimon, Chairman and CEO of JPMorgan Chase & Co.; Meg Whitman; and Jeffrey Immelt, President and CEO of Hewlett-Packard, chairman, and CEO of General Electric, are among the famous alumni.

6. Massachusetts Institute of Technology School of Business (Sloan):

Accounting, Economics, Entrepreneurship, Finance, General Management, Health Care Management, Human Resource Management, Industrial Management, International Business, Leadership, Technology, and Manufacturing Management, Marketing, Management Information Systems, Production/Operations Management, Behavior Organizational and supply chain management are among the disciplines offered by the Massachusetts Institute of Technology’s Sloan School of Technology. Management team. 

Its annual full-time tuition is $77,168. When they graduate, 79.30% of full-time program graduates are employed.

In the Best Business Schools ranking, the Massachusetts Institute of Technology (Sloan) is tied for fifth place with Harvard Business School (HBS). Schools are ranked based on performance on a widely accepted set of excellence factors.

7. Columbia University Business School:

Accounting, Consulting, Nonprofit Management, Production/Operations Management, Portfolio Management, Real Estate, Quantitative Analysis/Statistics, Economics, Entrepreneurship, Finance, General Management, Health Care Management, International Business, Leadership, Marketing, and Research Operations and technology are some of the departments and concentrations offered by the Columbia Business School at Columbia University.

The full-time tuition is roughly $77,000 per year. Seventy-three percent of full-time program alumni are employed by the time they graduate.

8. the University of California, Berkeley (Haas) Business School:

Accounting, Entrepreneurship, Ethics, E-Commerce, Economics, Finance, General Management, Health Care Management, International Business, Leadership, Manufacturing and Technology management, marketing, management information systems, nonprofit management, production/operations management, public policy, real estate, sui generis, organizational behavior, portfolio management.

Full-time tuition is roughly $64,000 per year (in-state); full-time tuition is $68,444 per year (out of state); part-time tuition is $3,464 per credit (in-state); executive tuition is a total program of $194,000. The total program tuition for a specialty master’s degree is $75,108 for in-state students and $75,108 for out-of-state students (out of state). In 71 percent of cases, full-time program graduates are employed.

9. Yale University School of Business:

Yale University is ranked ninth among the nation’s top business schools. Schools are ranked based on performance on a widely accepted set of excellence factors. Instead of formal business case studies, graduate students in Yale’s integrated MBA program examine “raw” cases, requiring them to evaluate a wide range of information, such as stock charts and publications. 

Students complete the Leadership Development Program and a global study requirement, typically traveling abroad. In both years, electives are available at the Yale School of Management through the school or other Yale departments, such as the renowned Yale Law School.

The Yale School of Management also provides an MBA for Executives, a weekend program with various concentrations such as asset management and healthcare.

Other projects of the Yale School of Management include the CEO College of the Yale Executive Leadership Institute, an educational program for aspiring top executives. In addition, doctoral programs in accounting, finance, marketing, and organization and management, to name a few, are available.

10. Dartmouth College Business School (Tuck):

Dartmouth College (Tuck) is ranked #10 in Best Business Schools (tie). Schools are ranked based on performance on a widely accepted set of excellence factors.

In the required First Year Project course, students apply what they learn in the classroom to solve business challenges for real organizations as consultants. In addition, elective courses allow business students to specialize in areas such as finance or strategy. 

At Dartmouth, students can earn a concurrent degree by combining a medical degree from Dartmouth College of Medicine with a master’s degree in public health from the Institute for Health Policy and Clinical Practice.

You can also get a double degree from another university. For example, students can earn an MBA from Dartmouth, an MBA/MPA from Harvard’s Kennedy School of Government, or a Master’s in Environmental Law and Policy from Vermont Law School. 

There is no doctorate. Part-time degree programs or alternatives in Tuck. His full-time tuition is $77,520 per year. In 81 percent of cases, full-time program graduates are employed.

11. New York University School of Business (Stern):

Accounting, Arts Management, Consulting, E-Commerce, Economics, Entrepreneurship, Finance, General Management, Health Care Management, International Business, Leadership, Technology and Manufacturing Management, Marketing, Management Information Systems, Nonprofit Management, organizational behavior, production/operations management, and real estate are among the disciplines offered by New York University’s Leonard N. Stern School of Business (Stern). 

Full-time tuition is roughly $76,000 per year; part-time tuition is $2,375 per credit; executive tuition is $204,000; and specialty master’s tuition is $54,554.

By the time they graduate, 78 percent of full-time program alumni are employed. Before starting school, MBA students at the Stern School of Business are divided into groups of approximately 60, and this grouping will influence their two years of the graduate school curriculum. 

A block of students take core classes, have lunch on Mondays, and even compete in the annual Block Olympics. There are over 40 student clubs to choose from, and the school’s location in New York City provides students with numerous job opportunities. Students at Stern can live on campus or in midtown Manhattan.

Students interested in taking a break from campus can enroll in one of the school’s week-long or semester-long study abroad programs. Among Stern graduates who have risen to the top of the beauty industry are Guillaume Jesel, SVP of Global Marketing for MAC Cosmetics; Alan Ennis, former Chairman and CEO of Revlon, Inc.; and John Demsey, group president of The Estée Lauder Companies.

Jack Abernethy, CEO of Fox Television Stations, and Farooq Kathwari, Chairman and CEO of Ethan Allen Interiors Inc., are two other famous Stern School of Business alumni.

New York University’s Stern School of Business is ranked #10 (tie) for best business schools and #4 for part-time MBAs. Schools are ranked based on their performance on a widely recognized set of factors of excellence.

12. Duke University School of Business (Fuqua):

Duke University’s Fuqua School of Business is ranked #12 on the list of best business schools. Schools are ranked based on their performance on a widely recognized set of factors of excellence. 

Accounting, Consulting, Economics, Entrepreneurship, Ethics, Finance, General Management, Health Care Administration, Leadership, Marketing, Nonprofit Management, Organizational Behavior, Production/Operations Management, Supply Chain Management/Logistics, and Management Supply Chain Logistics/Logistics are among the departments and concentrations offered by Duke University’s Fuqua School of Business.

Quantitative/statistical analysis, operations research, and technology are also available. Full-time tuition is $70,000 per year; executive tuition is $149,500; and specialty master’s tuition is $69,800 per year. 84.80% of full-time program graduates are employed when they graduate

13. University of Michigan Ann Arbor (Ross) School of Business:

The University of Michigan Ross School of Business emphasizes action-based learning, a philosophy that teaches students to ask relevant questions, discover critical challenges and become effective leaders. A full-time, part-time, global, or executive MBA is available to students. 

Part-time degrees can be completed in the evenings or on weekends, and EMBA classes only meet once a month. Master’s degrees in accounting, management, entrepreneurship, supply chain management, and a Ph.D. program are available.

Stacey Stewart, US president of United Way Worldwide, and Roger Frock, former general manager of FedEx, are graduates of the Ross School of Business. 

The University of Michigan-Ann Arbor (Ross) is ranked #13 for Best Business Schools (tie) and #6 for Part-Time MBAs. Schools are ranked based on their performance on a widely recognized set of factors of excellence.

Accounting, Consulting, Economics, Entrepreneurship, Finance, General Management, Health Care Management, Human Resource Management, International Business, Leadership, Technology, and Manufacturing Management, Marketing, Production/Operations Management, Organizational Behavior, Portfolio Management, Policy public administration, real estate, and supply chain management are among the departments and concentrations available at the Stephen M. Ross School of Business at the University of Michigan—Ann Arbor (Ross).

Full-time tuition is $66,048 per year (in-state); full-time tuition is $71,048 per year (out of state); part-time tuition is $64,109 per year (in-state); part-time tuition is $69,015 per year (out of state); executive tuition is a total program of $168,500 (in-state); executive tuition is $173,500 total program (out of state) (out of state). In 79.50 percent of cases, full-time program graduates are employed.

14. University of Virginia School of Business (Darden):

In Best Business Schools, the University of Virginia (Darden) is ranked number 13 (tie). Schools are ranked based on their performance on a widely recognized set of factors of excellence. Former CEO of Dunkin’ Donuts John D. Shafer, Jr., former Chief Strategy Officer and Senior Vice President of Cisco Systems Inc. Ned Hooper, former Chief Strategy Officer and Senior Vice President of Cisco Systems Inc., and former South Carolina Governor Mark Sanford meet among notable alumni.

Accounting, Consulting, E-Commerce, Economics, Entrepreneurship, Ethics, Finance, General Management, International Business, Leadership, Manufacturing, and Technology Management, Marketing, Nonprofit Management, Portfolio Management, Production/Operations Management, Organizational Behavior, Supply Chain Management/Logistics, are among the departments and disciplines available at the University of Virginia Darden School of Business.

Full-time tuition is $66,436 per year (in-state); full-time tuition is $68,754 per year (out of state); executive tuition is $136,030 per year (in-state); executive tuition is $136,030 per year (out of state); specialized master’s tuition is $59,600 per year (in-state); and specialized master’s tuition is $59,600 per year (out of state) (out of state). Graduates of the full-time program are employed in 83.90 percent of cases.

The case approach is used to teach students at the University of Virginia’s Darden Graduate School of Business Administration. 

First-year students work on cases in learning teams, which are made up of approximately six students. In addition, executive MBA and Ph.D. degrees and a global MBA for executives and executive education programs are available at the Darden Graduate School of Business Administration.

15. Cornell University Business School Overview (Johnson):

Cornell University’s Johnson School of Business is ranked #15 on the list of best business schools. Schools are ranked based on their performance on a widely recognized set of factors of excellence. 

Accounting, consulting, economics, entrepreneurship, ethics, finance, general management, health administration, hotel administration, human resource management, and international business administration. Leadership, manufacturing and technology management, marketing, management information systems, and nonprofit management are among the disciplines offered by Cornell University’s Samuel Curtis Johnson Graduate School of Management (Johnson).

Services they provide include production/operations management, organizational behavior, portfolio management, real estate, supply chain management/logistics, quantitative analysis/statistics, operations research, and technology. 

Full-time tuition is $71,940 per year; executive tuition is $202,536 per year; and specialty master’s tuition is $58,586 per year. 84.60 percent of full-time program alumni are employed by the time they graduate.

Conclusion

This blog ranks the best business schools in the United States. There are numerous aspects to consider when selecting a college or university to attend, be it an undergraduate business school or an MBA program. 

In addition to the obvious factors like location and cost, you should consider the quality of each school’s programs, as well as the reputation of your employer. We have told you about the best business schools in the United States in this blog about the best business schools in the United States. 

We have discussed the best business schools in the world for 2022 and undergraduate business schools and finally ranked the best business schools in the US based on various accredited rankings.

FAQs on the best business schools in the USA

What is the minimum GPA for Harvard? 

With an SAT of 1580 or ACT of 35, you should aim for the 75th percentile for the best chance of getting in. You must also have a GPA of at least 4.18. If your GPA is lower, you’ll need to make up for it with a higher SAT/ACT score.

Is it harder to get into business school these days? 

The truth is that MBA admission difficulty varies widely by program, with acceptance rates of MBA programs at the top 20 business schools often much lower (ranging from 10% to 30%) than those of the top 25 business schools. Mid-range schools (usually ranging from 35 to 50 percent). 

What characteristics distinguish a good MBA candidate? 

They are looking for people with diverse experiences and backgrounds to foster dynamic, collaborative learning and strong cross-industry networking in the future. Finally, they want to protect their reputation in the future, so they look for people with the qualities necessary to thrive after an MBA.

Is Harvard a free university? 

Tuition at Harvard University is completely free. In addition, Harvard just announced that low-income college students from low-income households would be able to attend for free, with no tuition or student loans!

Why a business degree won’t cut it

According to research, general business and marketing students are more likely to be unemployed or underemployed, meaning they work in jobs that do not require a college degree. They also earn less than those who pursue business careers that are more math-focused, such as finance and accounting.

Can I enter an MBA program with a 2.5 GPA?

MBA admission requirements vary, but students with a 2.5 GPA in their last 60 hours of undergraduate study are encouraged to apply. MBA admissions counselors sometimes consider other factors, so these are not hard and fast rules.

Does a good GPA help you get an MBA?

A solid undergraduate GPA is undoubtedly a factor that admissions committees consider; however, GPA is not everything. Having a high GMAT score and evidence of relevant work experience is also crucial.

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Is it worth attending business school?

Is business school worth it? The answer is a big yes for many. An MBA’s proven, cross-functional, leadership-focused curriculum goes beyond business trends to equip executives with the skills to move their companies forward.

Is a Business Major a Good Choice?

Yes, business administration is a good specialty because it ranks first among the most sought-after careers. A business administration major also prepares you for various high-paying jobs with above-average growth potential (US Bureau of Labor Statistics).

Is there a business major at Harvard?

Students seeking a business administration degree study at the Graduate School of Arts and Sciences, where they collaborate with faculty from the College of Sciences and Art and Harvard Business School (HBS). The GSAS and HBS have collaborated to offer doctoral programs since 1916.

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