Whether you want to start your own business or wish to quicken your climb up the corporate ladder or simply desire to learn the tricks to becoming a good entrepreneur, an MBA degree from a reputed university will go a long way in turning your corporate dreams and business aspirations into reality.
Master of Business Administration aka MBA is one of the most sought after degrees across the world. And the United States of America happens to be a haven for MBA aspirants, thanks to a handful of prestigious, world class business schools.
Before you send out applications to different business schools in the US, check out our list of Top 10 MBA programs in the country:
Established in the year 1908, Harvard Business School has been consistently ranked as one of the topmost business schools in the country. It was America’s first college to offer a full time MBA program in 1908. Harvard Business School offers full time MBA programs, doctoral programs, executive learning programs and an online course called Harvard Business X aka HBX. Under the name of Harvard Business School Publishing, it publishes books, leadership articles and a monthly magazine called Business Review.
Location: Boston, Massachusetts
Tuition Fee: $61,225 per year
Average GMAT Score: 730
Admission Percentage: 12%
One of the seven schools of the prestigious Stanford University, Stanford Graduate School of Business was established in the year 1925. It offers full time MBA courses, Ph.D. courses and MS in Management for mid-level executives popularly known as MSx program. The school also offers a joint degree with other Stanford schools like Engineering, Earth Science, Law, Medicine etc.
Location: Stanford, California
Tuition Fee: $64,050 per year
Average GMAT Score: 733
Admission Percentage: 7.1%
Established in the year 1898, Booth School of Business is the second oldest business school in the United States. It was formerly known as University of Chicago Graduate School of Business. It was renamed Booth School of Business after alumnus David Booth donated $300 million dollars to the business school. It offers full time MBA programs along with Executive MBA courses and conducts researches in finance, economics, market research, etc.
Location: Chicago, Illinois
Tuition Fee: $63,980 per year
Average GMAT Score: 726
Admission Percentage: 23.5%
This is one of the very few business schools that has campuses in multiple locations such as Illinois, Chicago, Florida and Miami. Kellogg School of Management partners with reputed business schools across the globe. It offers full time MBA programs, part time MBA programs, Executive MBA courses, Ph.D degrees, MBA + MDI dual degrees, etc.
Location: Evanston, Illinois
Tuition Fee: $64,059 per year
Average GMAT Score: 724
Admission Percentage: 23.2%
A part of the esteemed Ivy League University of Pennsylvania, Wharton School of Business was established in 1881 and is considered to be the oldest business school in the United States. It offers full time post graduate MBA degrees and Bachelor of Science in Economics at the undergraduate level. Millionaires like Warren Buffet and Donald Trump are alumni of Wharton School of Business.
Location: Philadelphia, Pennsylvania
Tuition Fee: $64,920 per year
Average GMAT Score: 732
Admission Percentage: 20.7%
Established in 1916, Columbia Business School boasts to be one of the six Ivy League business schools. It offers full time MBA programs, doctoral programs, Master of Science degrees in Financial Economics and Marketing, Executive MBA programs of 20 months and 24 months respectively. Accounting, Marketing, Finance, Economics, Leadership, Human Resource Management, Healthcare Management, etc., are a few areas of focus in Columbia Business School.
Location: Manhattan, New York City
Tuition Fee: $65,988 per year
Average GMAT Score: 715
Admission Percentage: 18.2%
Established in 1914, MIT Sloan School of Management is a world class business school that offers a bachelor’s degree, a master’s degree, doctoral degrees as well as an executive MBA. It mainly focuses on innovation in practice and research. Numerous Nobel laureates have been faculty at MIT Sloan. MIT Sloan Sports Analytics Conference is attended by top level executives from NBA, NFL, NHL. Premier League etc.
Location: Cambridge, Massachusetts
Tuition Fee: $65,446 per year
Average GMAT Score: 716
Admission Percentage: 13.8%
Founded in 1900, Tuck School of Business is one of the oldest schools to offer graduate programs in business administration. It offers a full time MBA program and an executive MBA program from business executives and recently graduated students. Being one of the six Ivy League business schools, Dartmouth Tuck is one of the popular destinations for MBA aspirants.
Location: Hanover, New Hampshire
Tuition Fee: $64,200 per year
Average GMAT Score: 717
Admission Percentage: 22.1%
Haas School of Business is one of the 14 schools of the renowned University of California, Berkeley. It has been rated as one of the top 10 business schools by many business dailies and magazines. It offers a full time MBA program, Evening and Weekend MBA Program, Ph.D Programs, Executive MBA courses, undergraduate programs and Master of Financial Engineering.
Location: Berkeley, California
Tuition Fee: $53,907 per year (in state), $55,968 per year (out of state)
Average GMAT Score: 715
Admission Percentage: 13.2%
This esteemed business school was established in the year 1909. But it didn’t offer a full time MBA program until 1976. Yale School of Management offers a full time MBA program, Executive MBA program, Ph.D. degrees as well as a Master of Advance Management. Behavioral economics, operation management, marketing, leadership, entrepreneurship, etc., are major areas of research conducted by the business school.
Location: New Haven, Connecticut
Tuition Fee: $61,500 per year
Average GMAT Score: 721
Admission Percentage: 23.7%
The tuition fees and rankings mentioned in the list are subjected to change every year. Getting into one of these top 10 MBA programs is a hard nut to crack and parameters other than the GMAT score are also evaluated before offering a seat to the applicant. We will be back soon with tips and suggestions to get into one of these top 10 business schools.