After graduation, selecting the best MBA program for yourself might be a tough job. Therefore, we are here to assist you in shortlisting the Top 10 Business Schools in the World. The QS Global MBA rankings have been released recently, and all the business schools from across the world are ranked according to their competencies. The rankings are made on a regional basis by considering Asia, Europe, Canada, Oceania, Latin America, and the US MBA programs.
Much to our knowledge, these MBA programs are ranked on certain criteria, such as employability status, Entrepreneurship, alumni outcomes, return on investment, thought leadership, and diversity. However, there are many other factors in which MBA programs are evaluated throughout the world.
Mentioned below is a list of the Top 10 Business Schools in the World:
#1. The Wharton School (Philadelphia, PA; United States)
#2. The Stanford Graduate School of Business (Stanford, CA; United States)
#3. INSEAD (Fontainebleau, Singapore; France)
#4. MIT Sloan School of Management (Cambridge, MA; United States)
#5. Harvard Business School (Boston, MA; United States)
#6. London Business School (London; United Kingdom)
#7. HEC Paris (Jouy-en-Josas; France)
#8. The University of Chicago Booth School of Business (Chicago, IL; United States)
#9. Haas School of Business (Berkeley, CA; United States)
#10. The Kellogg School of Management (Evanston, IL; United States)
The Wharton School from the University of Pennsylvania bagged the first position in the list of the Top 10 Business Schools in the World. This is so because it achieved the highest rank in providing the best employability rate. The program includes a recommended Summer Internship. The students have a choice of around 18 majors, such as accounting, finance, and marketing, etc, and almost 40% of the students complete their graduation with only two majors.
The total duration of the program: 21 months
The total tuition charges of the program: US$162,756
The total number of female participants: 43%
The total volume of international participants: 33%
The total strength of the current classroom: 862
Stanford Graduate School of Business
The Stanford Graduate School of Business, though placed at the second position in the list, yet is recorded as the first in the list of Top 10 Business Schools in the World along with the Wharton School. The reason Stanford was successful in maintaining the first position is that it is the only school that has achieved a precise score for entrepreneurship and alumni outcomes.
The total duration of the program: 21 months
The total tuition fees of the program: US$141,180
The average volume of female participants: 41%
The average volume of international participants: 42%
The total strength of the current classroom: 419
INSEAD- the highest-ranked European program in the world successfully bagged the third position in the list of Top 10 Business Schools in the World. Not only does this school rank very high for the Return on Investment (ROI) rate but also it guarantees an average increase in the salary of MBA graduates with up to 100%. You can study 14 core courses and an elective module consisting of more than 75 options.
The total duration of the program: 10 months
The total tuition fees of the program: US$98,009
The average volume of female participants: 35%
The average volume of international participants: 96%
The total strength of the current classroom: 536
MIT Sloan School of Management
Although placed at the fourth position in the list, the MIT Sloan School of Management is sharing the third position with the INSEAD school of business in the list of Top 10 Business Schools in the World. The school is known for its excellence in research, which is why it ranks highest for thought leadership.
The total duration of the program: 24 months
The total tuition costs of the program: US$148,400
The average volume of female participants: 42%
The average volume of international participants: 38%
The total strength of a current class: 409
The Harvard Business School proposed the world’s first MBA program in 1908 as the originator of MBA and is ranked fifth in the list of the Top 10 Business Schools in the World. It also ranks second highest for its high employability rates. The school is internationally known for its famous case method, wherein the participants get to work and study around 500 cases throughout the program, in teams as well as individually.
The total duration of the program: 24 months
The total tuition fees of the program: US$146,880
The average volume of female participants: 41%
The average volume of international participants: 37%
The total strength of a recent classroom: 930
Standing at the sixth position is the London Business School which is the only British Business School to be placed in the list of the Top 10 Business Schools in the World. Being one of the world’s main financial capitals, London represents 100% of the world’s leading Financial Institutions. Therefore, it provides a high employment rate with over 94% of the post-MBA graduates receiving a job within 3 months of graduation.
The total duration of the program: 21 months
The total tuition cost of the program: US$104,493
The average volume of female participants: 40%
The average volume of international participants: 91%
The total strength of the classroom: 485
The list of the Top 10 Business Schools in the World has placed HEC Paris at the seventh position which ranks second in providing a high Return on Investment (ROI) rate. The program guarantees an average increase in the salary of MBA graduates with up to 152 percent. It emphasizes developing the leadership potential of the participants.
The total duration of the program: 15 months
The total tuition charges of the program: US$66,690
The average volume of female participants: 34%
The average volume of international participants: 93%
The total strength of the class: 274
The University of Chicago Booth School of Business
It is placed at the eighth position in the list of Top 10 Business Schools in the World. The program ranks highly for employability rates but lags when it comes to diversity. The Booth MBA program is known for its flexible curriculum, which consists of only one compulsory course in leadership effectiveness and development, while the rest of the course is free for the students to tailor according to their goals.
Total tuition fees of the program: US$144,000
The course duration: 21 months
Female students: 42%
International students: 30%
Strength of the class: 591
Ranked seventh in the list of Top 10 Business Schools in the World, is the Haas School of Business which consists of 12 core courses and various electives to customize the program according to the individual interest of a participant from the University of California Berkeley.
Duration of the program: 21 months
The total tuition cost is US$119,622
The volume of female participants: 43%
The volume of international participants: 42 %
Strength of the class: 291
The Kellogg School of Management
Last but not least, the Kellogg School of Management from Northwestern University placed at the tenth position in the list of Top 10 Business Schools in the World. The program includes 37 exchange programs from across 20 countries, providing a wide range of global learning opportunities to the participants. You can select from the seven majors offered at the program or none at all.
Duration of program: 21 months
The tuition costs: US$71,544
The volume of female participants: 46%
The volume of international participants: 38%
The strength of the class: 478
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