10 best business schools in the world

By Sruthi Ravinder• Last updated: Apr 4, 2024
10 best business schools in the world
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When planning to do your MBA, the school that you pick is of utmost importance. Your future prospects and life entirely depend on which college you study from. A degree from one of the best business schools in the world gives you the platform and education that will pave the way for a successful career. Whether you want to join a multinational company or start your own venture, your business school will determine your future. To help you make the right decision, here is a list of the best business schools in the world that ensure a brighter and bigger future.

10 best business schools in the world

1. Stanford University

Located in the heart of Northern California in the USA, Stanford University is ranked first among the top 10 universities all over the world. Once you get your MBA from the graduate school of business here, you will be employed in one of the top companies in the world.

2. Harvard University

Harvard University’s alumni are like no other, from US Presidents to billionaires, Nobel Prize winners to Academy Award winners, the school is known to create leaders. The graduates from here form the crème of the crowd as they get their degree from one of the best business schools in the world.

3. University of Pennsylvania

The average salary of a graduate from here is the US $125,000 which is one of the highest ever. Founded by Benjamin Franklin, Penn stands as one of the world's best business schools to date.

4. London Business School

London Business School is one of the best business schools for Masters in the world and the best in Europe. It gives students a chance to interact with world renowned organisations, businesses and leaders.

5. MIT

The school offers a 2 year MBA program that has a very global outlook. 95% percent of the graduates finish school with full time offers.

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INSEAD offers MBA courses that are widely popular for their employability, entrepreneurship and leadership aspects. One of the best business schools in the world, the university has branches in France, Singapore and Dubai.

7. HEC Paris

Another top MBA school in Europe, HEC in Paris is proud of its entrepreneurial environment, innovative methods, unique approach to education and an alma mater of Leaders.

8. University of Chicago

The Booth School of Business in Chicago offers a highly rated MBA and ranks among the top business schools in the world for masters. The course is enriched with experience based learning and focuses on the analytical aspects.

9. IE Business School

Another top ranking business school in Europe, the university has designed the master's program so the students excel in their professional and personal lives. They use a specialised approach to education that makes sure a student becomes the best version of themselves.

10. Columbia University

Columbia is known for its ever evolving and cutting edge curriculum. From faculty to alumni, the people here are globally renowned for their work in their field and they make it one of the top-ranking business schools in the USA.

UniversitiesAnnual Tuition Fee
Harvard university$49,653
Stanford University$55,473
University of Pennsylvania$56,212*
London Business School£39 200
INSEAD$106,132 (€89,000)
HEC Paris€ 24,850
University of Chicago$57,642
IE Business School€72,200
Columbia University$30,257/term
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Top Business Schools in the USA

To advance your career in the business area, a master's degree is key. To make your search more comprehensive, the list of the world’s best business schools helps in making the right choice. Picking a course in the USA guarantees an all-around development of an individual. You will interact with various nationalities, get exposure on a global platform and learn from the best in the industry. Invest in your future now to get the best returns.

Also read: 20 best higher education systems in the world

Here are the rankings of the best business schools in the United States of America:

UniversityAnnual tuition fee
Harvard University$49,653
Stanford University$55,473
University of Pennsylvania$56,212*
University of California, Berkeley44,000 (non-resident)
Columbia University$60,514

Top Business Schools in the UK

High starting salaries, good placement opportunities, big startup ideas, etc., a business degree from the best universities in the UK opens up a lot of avenues. Here again, the courses are tailored to your preference, you could pick a full time or a part-time option. A postgraduate degree needs substantial investment, so weigh the pros and cons before you make your final pick. Location, teaching methods, alumni, company placements, reputation and your finances dictate the programme and university.

UniversitiesAnnual Tuition Fee
London Business School£39,200
University of Cambridge£24,750-£34,678
University of Oxford£65.520
University of Manchester£9,250
Warwick Business School£18,000-45,000

Top Business Schools in Canada

Canadian universities are great for pursuing MBA for the average tuition is $30,000 to $40,000 which is much less than USA and UK. It’s more affordable than other business schools that rank among the top ten business schools in the world and is at par with them. After completing your master's from a university in Canada, the job opportunities are very promising. 

In addition to that, you get a work permit of 3 years with a very handsome salary package. The highest paying masters in Canada are Masters in Business administration which can be full-time, part-time, or an executive MBA.

UniversitiesAnnual tuition fee
University of Toronto: Rotman School of ManagementCAD 133, 740
Queen’s Smith School of BusinessCAD 78.5 K - 1.02 L
Ivey Business SchoolCAD 103,008
Desautels Faculty of ManagementCAD 57,465
Schulich School of BusinessCAD 30,000

These top-ranking business schools are best for various reasons exclusive to each university. Some offer student loans, you can pay them back when you start work. But it’s necessary to know the fee structures to make an informed decision. Most B-schools from the lists mentioned above start from $65,000- $95,000 for the course.

For such a sought after course at one of the best business schools in the world, you need to first get through their selection processes and once picked, you could apply for loans to pursue the same. It’s a once in a lifetime opportunity and selecting the best course and university will up your game and give you a great head start for your future.

Also read: Top 10 universities in the world

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Explore, filter, shortlist universities with ease and get free counselling


How much does a master's cost in Canada?

In the 2021-22 academic year, the average cost of a master's in Canada was CAD $7,472 (USD $5,880). Your university will usually calculate this total based on the price of a set number of installments (the fees paid for each semester of study) plus any supplementary costs (such as administrative charges).

Is a master's degree worth it in Canada?

The tuition fees in Canada are the lowest compared to other English-speaking countries such as the UK and the USA. Canada is a great destination for your business management degree, with more international students heading there every year. Below are the four reasons to head to Canada for your business degree.

What are the reasons to study business management in Canada?

4 Top reasons to study business management in Canada for international students.

  1. Top-ranking universities
  2. Great selection of courses
  3. Thriving business economy
  4. High return on investment

Which master's degree is most valuable in Canada?

Top Ten Most Valuable Degrees in Canada

  • MBA
  • Business Management
  • Finance
  • Pharmacology
  • Geosciences
  • Software Engineering
  • Business Administration
  • Specialized Engineering
  • Nursing
  • Civil Engineering

What are some best business schools in the world?

Best business schools in the world:

  • Stanford University
  • Harvard University
  • University of Pennsylvania
  • London Business School
  • MIT
  • HEC Paris
  • University of Chicago
  • IE Business School
  • Columbia University

So, are you eager and curious to know where you can start on your business studies? Connect with Edvoy today and take the first step towards your study abroad dreams!

Related tags:
Global business schools
best business schools
business studies
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