What Are the Top Schools for Masters of Business Administration?

A Master of Business Administration (MBA) is highly customizable and can lead to a career in management, marketing, finance or nearly any other business sector. This article describes the top three schools in the United States offering MBA degree programs, based on rankings made by ''U.S. News and World Report''. Schools offering Business degrees can also be found in these popular choices.

What Should I Look For In A Top Master Of Business Administration School?

Students who wish to earn a Master of Business Administration degree have many terrific options and can select a school based on as specialty. The best universities offer programs that concentrate in areas such as: marketing, finance, economics, or accounting, or management. Prospective students should look for course work that jibes well with their interests, and ought to consider a school's standing, as well as its potential for networking, in the business community.

Three Of The Top Schools To Earn an MBA

Harvard University in Boston, Massachusetts

The Harvard Business School and its MBA program ranked as the 2nd best in the country in 2015 by U.S. News and World Report. It also has a number of specialty graduate business programs ranked in the top five in the country, including number 1 in management, 3rd in nonprofit business, 4th in entrepreneurship, and 4th in marketing. Furthermore, it's ranked as the second best university in the nation, as of 2015. Harvard's graduate school is highly selective; it only accepted about 11% percent of applicants as of 2015.

A unique part of Harvard's MBA program is its emphasis on case-method learning, which allows students to play the role of decision maker, identifying problems and conceiving solutions. As a student, you would complete fieldwork and hands-on projects in areas like leadership, global business and microbusinesses. Electives you could take include business innovation, emerging markets and globalization, entrepreneurial finance, venture capital, negotiation, agribusiness and business in China. Harvard also has several dual degree MBA programs paired with a public policy master's degree program, law school, medical school or dental medicine school.

  • Master of Business Administration (MBA)
  • Juris Doctorate/Master of Business Administration (JD/MBA)
  • Doctor of Medicine/ Master of Business Administration (MD/MBA)
  • Doctor of Medicine in Dentistry/ Master of Business Administration (DMD/MBA)

Stanford University in Stanford, CA

Stanford University is the number 1 best business school and MBA program in the nation as of 2015, per U.S. News and World Report rankings. Many of its graduate business programs also make the top five in 2015 list: 2nd in nonprofit business, 2nd in management, 3rd in marketing, 5th in finance, 7th in supply chain/logistics and 5th in production/operations. And, it is the 2015 number 4 top national university. Stanford's graduate business school is even more competitive than Harvard's; in 2015, it only accepted about 7% of all applicants.

In the first year of the MBA program, you take core courses that cover general management, critical thinking in management and global business. And in the second year, you can customize the curriculum to fit your interests. You could complete a dual degree program or personalize your learning experience through seminars and electives. You're required to complete a global business experience, which can be achieved through an immersion work abroad program, a study abroad program, a social innovation study abroad program or an exchange program in China.

  • Master of Business Administration (MBA)

University of Pennsylvania in Philadelphia, PA

The University of Pennsylvania's Wharton School confers an MBA with a choice of 19 majors, ranging from accounting to strategic management. U.S. News and World Report ranked The Wharton School number 3 in the nation for best graduate business school/MBA program. Its graduate finance program is also rated as 1st in the country. The accounting program, marketing program, and the international business program earned the number 2 spot. The production/operations programs earned a ranking of 4th, as did its management program, and its entrepreneurship program is ranked 6th in the nation. Moreover, University of Pennsylvania is ranked as the 9th top national university as of 2015. The Wharton School is easier to get into than Harvard or Stanford; it accepted approximately 20% of applicants as of 2015.

The Wharton MBA program features more than 10 dual and joint degree programs, including the MBA/MA-Lauder Program, which allows students to concentrate in one of eight languages by immersing in eight weeks of study abroad. It also has over 15 interdisciplinary programs and over 200 business electives.

  • Master of Business Administration (MBA)

Ten More Schools With Excellent Master of Business Administration Programs

College/University Institution Type Location
University of Chicago Private, not-for-profit, 4 year or above Chicago, IL
Massachusetts Institute of Technology Private, not-for-profit, 4 year or above Cambridge, MA
Northwestern University Private, not-for-profit, 4 year or above Evanston, IL
University of California-Berkeley Public, 4 year or above Berkeley, CA
Columbia University Private, not-for-profit, 4 year or above New York, NY
Dartmouth College Private, not-for-profit, 4 year or above Hanover, NH
University of Virginia Public, 4 year or above Charlottesville, VA
New York University Private, not-for-profit, 4 year or above New York, NY
University of Michigan-Ann Arbor Public, 4 year or above Ann Arbor, MI
Duke University Private, not-for-profit, 4 year or above Durham, NC

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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