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 three of the top schools in the United States offering MBA degree programs, based on rankings from ''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 options and can select a school based on specialty. The best universities offer programs that concentrate in areas such as marketing, finance, economics, or accounting, or management. Prospective students should look for coursework 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 was ranked as the third best in the country in 2019 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 first in management, 2nd in nonprofit business, 4th in entrepreneurship, and 6th in marketing. Furthermore, it's ranked as the second best university in the nation, as of 2019.

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)

Stanford University in Stanford, CA

Stanford University is the number 2 best business school in the nation as of 2019, per U.S. News and World Report rankings. Many of its graduate business programs also make the top 10 in a few lists: 4th in nonprofit business, 2nd in management, 6th in marketing, 6th in finance, 9th in supply chain/logistics and 3rd in production/operations. And, it is the 2019 number 7 top national university.

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 one in the nation for best graduate business school as of 2019. Its graduate finance program is also rated as 1st in the country. Moreover, University of Pennsylvania is ranked as the 8th top national university as of 2019.

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 Master of Business Administration Schools

College/University Institution Type LocationEstimated Graduate In-State Tuition*
University of Chicago Private, not-for-profit Chicago, IL$59,000
Massachusetts Institute of Technology Private, not-for-profit Cambridge, MA$55,000
Northwestern University Private, not-for-profit Evanston, IL$54,500
University of California-Berkeley Public Berkeley, CA$14,000
Columbia University Private, not-for-profit New York, NY$48,000
Dartmouth College Private, not-for-profit Hanover, NH$54,000
University of Virginia Public Charlottesville, VA$19,000
Yale University Private, not-for-profit New Haven, CT$42,000
University of Michigan-Ann Arbor Public Ann Arbor, MI$23,000
Duke University Private, not-for-profit Durham, NC$55,000

*Source: NCES, U.S. Department of Education

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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