Top 20 Business Schools In The World: Know Top MBA Colleges

Choosing a business school is vital to starting your MBA path. Some of the world’s greatest MBA colleges have costly tuition, yet their ROI is comparable or even higher! Top MBA programs offer a high ROI, multiple specializations, a worldwide community, and international business norms.

Let’s start with the world’s greatest management colleges and all the facts!

Factors Considered while Ranking B-Schools

This year, 280 business schools were ranked in 45 recognized study abroad destinations based on competitive characteristics such as employability rates, average graduate income, class profile, and so on. So, what distinguishes some management schools from others? Let us inform you about the advantages of obtaining an MBA abroad:

• Employability: Employability is measured by the QS Global Employer Survey, in which some of the greatest recruiters fill out a survey to select their favorite B-schools from which to select students. Facebook, Uber, Google, Bank of America, and other employers participate in this study.
• Entrepreneurship and Alumni Outcomes: The Alumni Outcomes Index is used to examine B-schools with over 50,000 CEOs from some of the world’s most successful firms, such as Apple, PepsiCo, JPMorgan Chase, and others. The entrepreneurship factor, on the other hand, is cited by B-schools themselves and is unquestionably important.
• Return on Investment: An extensive research on ROI is done, in order to come up with schools offering the best return on investment. Salaries before pursuing MBA are compared with the post MBA salaries. Also, the ROI considered is one of 10- years.
• Thought leadership: This metric is used to assess the reputation of the world’s top business schools. Some factors examined when ranking according to this element include business school nominations, research significance, and faculty having PhD degrees.
• Class and Faculty Diversity: Some of the most important factors evaluated while rating some of the world’s top MBA colleges are the percentage of women, percentage of nationalities, percentage of international professors, and percentage of women in business school faculty.

Top 20 B-Schools in the World

Let us now make you acquainted with the top 20 business schools in the world:

1. Stanford Graduate School of Business, Stanford #1(QS Global MBA Rankings 2022) 119,964 USD/ year

2. Harvard Business School, Boston #2 (QS Global MBA Rankings 2022) 73,440 USD/ year

3. Penn (Wharton), Philadelphia #2 (QS Global MBA Rankings 2022) 83,230 USD/ year

4.  HEC Paris, Jouy En Josas #4 (QS Global MBA Rankings 2022) 78,000 EUR/ year

5. MIT (Sloan), Cambridge #5 (QS Global MBA Rankings 2022) 82,250 USD/ year

6. London Business School, London #6 (QS Global MBA Rankings 2022) 97,500 EUR/ year

7. IE Business School, Spain #7 (QS Global MBA Rankings 2022) 72,200 EUR/ year

8. INSEAD, Paris, Singapore, France #7 (QS Global MBA Rankings 2022) 91,000 EUR/ year

9. Columbia Business School, New York #9 (QS Global MBA Rankings 2022) 77,376 USD/ year

10. IESE Business School #10 (QS Global MBA Rankings 2022) 93,500 EUR/ year

11. UC Berkeley (Haas), Berkeley #11 (QS Global MBA Rankings 2022) 71,817 USD/ year

12. Chicago Booth, Chicago #12 (QS Global MBA Rankings 2022) 74,919 USD/ year

13. Esade Business School, Barcelona #13 (QS Global MBA Rankings 2022) 73,800 EUR/ year

14, Said Business School, Oxford #13 (QS Global MBA Rankings 2022) 65,520 GBP/ year

15. UCLA (Anderson), Los Angeles #15 (QS Global MBA Rankings 2022) 70,368 USD/ year

16. Northwestern (Kellogg), Evanston #16 (QS Global MBA Rankings 2022) 76,368 USD/ year

17. Cambridge (Judge), Cambridge #17 (QS Global MBA Rankings 2022) 61,000 EUR/ year

18. Yale School of Management, New Haven #18 (QS Global MBA Rankings 2022) 100,000 USD/ year

19.  NYU (Stern), New York #19 (QS Global MBA Rankings 2022) 54,765 USD/ year

20. Michigan (Ross), Ann Arbor #20 (QS Global MBA Rankings 2022) 72,114 USD/ year

International students should know that an MBA abroad costs between 50,000 and 100,000 USD per year, depending on the program and university. The best MBA colleges in the world for Indian students can be competitive, but you can get in if you know the exams, are eligible to study abroad, have the skills, and have a lot of work experience!

FAQs

Ques. What are the top business schools in the world?

Ans. Some of the best MBA colleges in the world are:

• Stanford Graduate School of Business
• Harvard Business School
• The Wharton School
• HEC Paris
• MIT Sloan School of Management

Ques. What are some factors considered while ranking the top B-schools in the world?

Ans. Some factors which are considered while ranking the best B-schools across the globe are:

• Employability rate
• Return on investment
• Entrepreneurship and alumni outcomes
• Thought leadership
• Diversity

Ques. What are the highest paying specializations in MBA?

Ans. Some top paying specializations in MBA are:

• Financial services
• Consulting
• Healthcare
• Technology
• Consumer packaged goods

Ques. What is the average MBA tuition fees for various countries?

Ans. The average MBA tuition fees for various countries are:

• US-35,000 EUR/ year
• UK-20,000 EUR/ year
• Australia- 17,000 EUR/ year
• Canada- 25,000 EUR/ year
• Singapore- 35,000 EUR/ year
• Spain- 20,000 EUR/ year

Ques. Why should I study MBA abroad?

Ans. Some benefits of studying MBA abroad are:

• Set up an international business
• Make a global network
• Experience world-class academic facilities
• Get hold of a high ROI
• Experience the global market on a whole
• Get top paying jobs across the globe