10 Best Business Schools in the World

By | February 9, 2024

When it comes to finding the perfect business school, there are a lot of factors to take into account. But one of the most important things to consider is the quality of the education you’ll receive. That’s why we’ve put together a list of the best business schools in the United States. From top-notch programs to affordable rates, we’ve got you covered. So whether you want an Ivy League education or a more affordable option, check out our list and find the school that’s right for you.

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Do you want to be successful in business? The answer is yes, and there are many excellent business schools that will help you achieve this. However, it can be difficult to know where to start. There are so many great business schools, and it can be hard to decide which one is the right fit for you. That’s why we’ve created this helpful guide to help you make the best decision for your career. We’ll show you which business schools offer the best programs, what they offer in terms of coursework, and how they’ll help you reach your career goals.


QS Ranking of 10 Best Business Schools in the World

According to the QS World Business School Rankings report, below are the rankings of the best 10 business schools you may want to attend.

1#. Harvard Business School

Established in 1636, Harvard is the oldest higher education institution in the United States and is widely regarded in terms of its influence, reputation, and academic pedigree as a leading university is not just the US but also the world.

Harvard’s alumni include eight US presidents, several foreign heads of state, 62 living billionaires, 359 Rhodes Scholars, and 242 Marshall Scholars. Whether it be Pulitzer Prizes, Nobel Prizes, or Academy Awards, Harvard graduates have won them.


Students and alumni have also won 108 Olympic medals between them. The university is currently ranked number one in the world, and the consistency of its chart-topping performances shows that success is yet to breed complacency.


The INSEAD is currently the second-ranked business school in the world. As one of the world’s leading and largest graduate business schools, INSEAD brings together people, cultures, and ideas from around the world to change lives and transform organizations. It has 3 campuses across 2 and the Middle Belt.

INSEAD has 148 renowned faculty members from 40 countries that inspire more than 1300 participants in its MBA, Global Executive MBA, dual-degree EMBA, Executive Master in Finance and Executive Master in Consulting and Coaching for Change programs.

3#. London Business School

London Business School is currently ranking third in the QS list of best business schools . Its graduates are among the world’s most employable.

They offer prestigious MSc, MBA and EMBA programs covering accounting, economics, finance, management science and operations, marketing, organizational behavior, strategy, and entrepreneurship.

A recent survey shows that 95% of London Business School master’s in management grads accepted an offer within three months of graduation and 45% of these graduates were hired in the UK while 32% of them in Europe and these usually came with an average starting salary of $66,444 (£41,963).

4#. Massachusetts Institute of Technology (MIT)

Today, Prior to what it used to be, MIT has evolved into an educational behemoth, with some 1,000 faculty members and more than 11,000 undergraduate and graduate students.

MIT researchers are at the forefront of developments in artificial intelligence, climate adaptation, HIV, cancer, and poverty alleviation.

The close association of industry and research has helped MIT alumni go on to launch more than 30,000 active companies, creating 4.6 million jobs and generating roughly $1.9 trillion in annual revenue.

5#. University of Pennsylvania

The University of Pennsylvania is the fifth-ranked school in the world.

The University of Pennsylvania is a private Ivy League research university located in the city of Philadelphia. It was founded in 1740 by Benjamin Franklin who is one of the United States’ founding fathers. He started the school out of his passion to create a school to educate future generations.

Competition to study at Penn is usually fierce, particularly at undergraduate levels.

The admission rate for the class of 2023 was 9.3 percent, of which 46 percent were either black, Hispanic Asian, or Native American. Unusually for an Ivy League school, women comprise over half (54 percent) of all students enrolled.

Penn’s core campus covers more than 279 acres in a contiguous area of West Philadelphia’s University City.

6#. Stanford University

Stanford has one of the largest university campuses in the US, with 18 interdisciplinary research institutes and seven schools: the Graduate School of Business; School of Earth, Energy & Environmental Sciences; Graduate School of Education; School of Engineering; School of Humanities and Sciences; Law School; and School of Medicine. It is currently ranking number six in the QS world school ranking.

7#. University of Cambridge

Cambridge is widely acknowledged as a vibrant place to be a student. Founded in 1209, the University of Cambridge’s 800-year history makes it the fourth-oldest university in the world and the second-oldest university in the English-speaking world.

Cambridge students make up 20 percent of the town’s population and most of the older colleges are situated near the city center. Its notable buildings give the city of Cambridge a unique character.

8#. London School of Economics and Political Science (LSE)

The London School of Economics and Political Science (LSE) offers you the opportunity to study the social sciences in an institution with a worldwide academic reputation while enjoying the cultural, social and recreational facilities of one of the world’s greatest capital cities.

In the most recent national Research Excellence Framework (REF) LSE had the highest percentage of world-leading research of any university in the United Kingdom.

9#. Bocconi University

Università Bocconi has an Undergraduate School, a Graduate School, a School of Law and a Ph.D. School. SDA Bocconi School of Management, founded in 1971, takes care of post-experience management education. Bocconi grants Bachelor, Master of Science, and Ph.D. degrees in Management, Economics, Law and other disciplines.

Bocconi conceives higher education as a continuous process that spans the entire professional life of an individual. The University promotes both economic advancement and civic values, by instilling in Bocconians solid analytical skills and a strong emphasis on ethics, so that they can contribute to the innovation and development of European business and society.

10#. University of Oxford

The University of Oxford is the oldest university in the English-speaking world and is actually so ancient that its a founding date is unknown – though it is thought that teaching took place there as early as the 11th century.

It’s located in the medieval city center of Oxford.

There are 22,000 students at Oxford in total, around half of whom are undergraduates, while 40 percent are international students. A quarter of the city of Oxford’s residents is students, giving the city the youngest population in the UK.

3 Best Business Schools in USA

It might interest you to know that out of over 500 known business schools in the world as recorded by the latest business school ranking, over 20 percent have their homes in the US. About 4 on the list of 10 are found in the US too. Outside of the best 4 noted in the list, there are 10 more US business schools in the global top 50 for this category. Below are the best 5 business schools in USA:

 University of Pennsylvania

This is ranking the first and obviously the best business school in USA. Its tuition is full-time: $72,300 per year and executive: $205,200 total program. At graduation, 83.60 percent of graduates of the full-time program are employed.

The Wharton School at the University of Pennsylvania was the U.S.’s first business school and now has the largest alumni network in the country.

There are close to 90,000 alumni worldwide, and some of the most notable graduates are John Sculley, former CEO of Apple Inc.; Jeff Weiner, CEO of LinkedIn; and J.D. Power III, founder of J.D. Power and Associates, a global marketing information firm.

Tuition Fee: $72,300per year

Admission: 1,742

 Acceptance rate: 20.7 percent

Stanford University (CA)

The School of Business of Stanford University is known for offering these courses: human resources management, leadership, manufacturing and technology management, marketing, not-for-profit management, accounting, e-commerce, economics, entrepreneurship, finance, general management, health care administration, production/operations management, organizational behavior, portfolio management, public administration, public policy, real estate, sports business, supply chain management/logistics, quantitative analysis/statistics and operations research, and technology. Usually, at graduation, 68.70 percent of graduates of the full-time program are employed.

Admission: 855

Tuition and fees: $70,590

Acceptance rate: 6.1 percent

Harvard Business School

The Harvard Business School offers courses related to accounting, consulting, e-commerce, economics, entrepreneurship, ethics, finance, general management, health care administration, human resources management, international business, leadership among many other business-related courses.

There are more than 100,000 graduates of HBS, scores of whom have gone on to lead major corporations. Some of the particularly notable alumni include James Dimon, president and CEO of JPMorgan Chase & Co.; Meg Whitman, president, and CEO of Hewlett-Packard; and Jeffrey Immelt, chairman, and CEO of General Electric.


Tuition and fees: $73,440

Acceptance rate: 10.4 percent

3 Best Business Schools in Canada

About 18 of the world’s best universities for business are found in Canada. The University of Toronto is ranking the 40th position and the University of British, Columbia claims a spot in the list of best business schools. It occupies the 46th place on the list. About three more Canadian universities are featured in the list from 51-100 of which McGill University is among.

Joseph. L. Rotman School of Management, University of Toronto

The Joseph L Rotman is ranked number in Canada business schools. U of T’s Rotman School has 14 different Research centers, including the Financial Innovation Hub in Advanced Analytics, a center for Behavioral Economics, a center for Integrative Thinking, an India Innovation Institution, and a Capital Markets Institute. Plus, they have over half a dozen educational institutes that link with industry and cutting-edge research. As Toronto becomes more and more of a tech (as well as an entertainment) hub on a global scale, this is a school that connects you with people who are leading the way in innovative thinking. They offer 6 different MBA programs alone as well as graduate degrees like a Master of Finance or a Master of Financial Risk Management. And more. If you need to get to the top of whatever organization you’re working for, or you want to be working for, U of T’s Rotman School of Management is your ticket to the ride.

Admission: 350

Tuition: $61,230

Acceptance: 16.6%

Sauder Business School– University of British, Columbia

UB Business school Columbia is the second-ranked business school in Canada. It has 12 separate centers: from the Centre for Social Innovation & Impact Investing to the Centre for Operations Excellence to Centre for Urban Economics and Real Estate to the Creative Destruction Lab West. That leaves 8 more centers we don’t have space to list here. You can let the Dean and the rest of the staff at UBC worry about whether they’re ranked number 1 in Canada in any given year. Rest assured that if you can get in, this is a world-class business school that will give any career a real boost.

Admission: Not specified

Tuition Fees: $60,000

Acceptance rate: 6%

McGill University Business School

The McGill Business School ranked behind schools like the University of Toronto and the University of British Columbia, and comes an overall 78th ranking worldwide and 3rd in Canada.

Admission: Not specified

Tuition fees: $26, 500

Acceptance: 26%

Best Business Schools in Europe

There are about 58 schools that appear on the list of best business schools in Europe. Spain and Germany have about 19 schools that ranked in the list of best business schools each. Spain has two schools in the list of best 50 which includes Universitat Ramon Llull which ranked 25th and the University of Navarra that ranked 31st.

Best Business Schools in Germany

Germany’s highest-ranked business schools are Universität Mannheim, which ranked 47th and the Technical University of Munich that appeared in the range of 51-100.

Best Business Schools in France

About 12 of the world’s best business schools are found in France, including three that appeared in the range of best 50. INSEAD appeared as the second-best school alongside HEC Paris School of Management which ranked 11th and ESSEC Business School, which climbed from 51-100 to 37th place.

Best Business Schools in Italy

Italy is not left out as it is the home to about 12 best schools of business around the world. It has Bocconi University ranked number eighth best business school in the world, while Politecnico di Milano continues to rank 51-100.

Best Business Schools in the Netherlands

The Netherlands also has about 11 best business schools in the ranking, with Erasmus University Rotterdam ranking 21st, while Tilburg University is currently occupying the range of 51-100.

Best Business Schools in Ireland and Switzerland

Ireland, Russia, and Switzerland each have seven entrants in the business school ranking. Switzerland’s University of St.Gallen (HSG) is the highest-ranked, ranking 34th  position on the list. Ireland’s University College Dublin (UCD)come in the 101-150 range.

Best Business Schools in Belgium and Sweden

Belgium and Sweden have six best schools for business each, including one each in the 51-100 range. They include KU Leuven and Stockholm School of Economics.

Best Business Schools in Denmark and Portugal

Denmark, Austria, and Portugal each have best business schools as well which includes Denmark’s Copenhagen Business School occupying the 15th place, while WU (Vienna University of Economics and Business) climbed from 51-100 to 38th place in the 2020 ranking.

Other countries that have some of the best-ranked business schools in the world include Finland, Norway, and Greece. Finland’s Aalto University and Norway’s BI Norwegian Business School all occupy the range of best100, while Greece’s Athens University of Economics and Business went up from 151-200 to rank in the top 150.

Best Business Schools in New Zealand

The University of Auckland is the best school of business a New Zealand having its place in the range of 51-100 on the QS list. It is followed by seven more universities for business and management that also appeared on the list.

Best Business Schools in Australia

Australia has about 24 institutions ranked among the world’s best schools for business and management. The following four appeared on the QS list of best 50: The University of Melbourne leads the way occupying the 20th place, and closely followed by the University of New South Wales (UNSW)  which occupies the 26th position. Monash University is the third-best in Australia, occupying the 36th position on the global ranking list. The University of Sydney resides in the fourth place as it appeared  42n on the QS list.

Best Business Schools in Latin America

Out of the 500 ranked best business schools in the world, about 21 are found in the Latin American region. Chile is home to five top business schools having the best of all, Pontificia Universidad Católica de Chile (UC). It occupies the range of 51-100 the list.

Six of these schools are found in Colombia, including Universidad de Los Andes found in the range of first 100.

Brazil and Mexico each have four best universities for business, with Mexico’s Instituto Tecnológico y de Estudios Superiores de Monterrey also ranking in the top 100.

Argentina and Peru are not left out. They each have one entrant in the business school ranking.

Best Business Schools in Africa

South Africa has four business schools that appeared on the list of best business schools in the world. Among these four, South Africa’s University of Cape Town is leading at 201-250. South Africa obviously has the best business schools in Africa.

Best Business Schools in the Middle East

Turkey is home to most of the schools in the business school ranking in the Middle East but the highest ranked university is the American University of Sharjah in the United Arab Emirates, up from 251-300 to rank 201-250 for business.

Israel and Saudi Arabia have three entrants, while the United Arab Emirates has two.

Oman, Qatar, and Jordan are all new to the business school ranking with one institution each.

Best Business Schools in Asia

National University of Singapore (NUS) business school is the best school in Asia ranking13th on the QS list.

It is followed by the Hong Kong University of Science and Technology in 16thplacePeking University is the third business school in Asia ranking 32nd in the QS list.

Korea’s Seoul National University (33rd) is the fourth on the list.

Fifth on the list is Tsinghua University which ranked 39th, making it the. Shanghai Jiao Tong University is the next best business school in Asia and Fudan University is the fourth, ranking  50th on the global ranking list.


It is a great idea wanting to pursue a business degree. You can find the school that best suits your career ambition in any of the regions listed in the article. You can be sure you can find the 100 best business schools here in our article. This is to your success.


It’s a good idea to want to get a degree in commerce. You can find the school that best fits your career ambitions in one of the regions listed in the article. You can be sure that you can find the top 100 business schools here in our article. This is for your success.


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