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Top 10 Best Business Schools in the World 2024: Universities List
Edited By Porishmita Paul | Updated on Jul 18, 2024 04:19 PM IST | #IELTS
Many students aspire to study abroad at one of the best business schools in the world. Hence, If you're dreaming of pursuing an MBA from one of the top 10 business schools in the world, you're in the right place! The year 2024 has some exciting updates on the best MBA programmes in the world, and we've got all the information you need. Getting admission to the top best business schools in the world opens a wide range of career opportunities leading to career advancement after graduation from the world's best business schools.
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If you want to study in the best school for your business course, then why not start with the 10 best business schools in the world 2024? When it comes to business education, certain colleges consistently rank among the top 100 business schools in the world 2024. These best MBA colleges in the world are known for their excellent teaching, experienced faculty, and strong networks of successful graduates.
From the United States and Europe to Asia, the top MBA colleges in the world provide a world-class education. Most of the best Business Schools in the World are located in the USA. Next to it, the UK, China, Australia, and Canada have some of the major numbers in the top 100 business schools in the world. Harvard and INSEAD business schools rank in the top positions in the subject of Business and Management as per the QS World University Subject Rankings 2024.
Read the article below to check the top 10 business schools in the world for 2024, according to the QS and Financial Times rankings. These schools are famous for their high-quality education and are perfect for those aiming for the best MBA programs.
Top 10 Best Business Schools in the World 2024
Here we have covered the top 10 business schools in the world as per the QS World University Ranking by Subject Business and Management Studies 2024. The universities have been ranked based on academic performance, employability, and faculty-related parameters. These universities are simultaneously listed among the top business schools in the world by different world-ranking organisations like THE, Financial Times, and others.
Top 10 Best Business Universities in the World
B- School Name | Country | QS World University Ranking by Subject Business and Management 2024 |
Harvard University | United States | 1 |
INSEAD | France | 2 |
London Business School | United Kingdom | 3 |
Stanford University | United States | 4 |
Massachusetts Institute of Technology - MIT | United States | 5 |
University of Oxford | United Kingdom | 6 |
University of Pennsylvania | United States | 7 |
University of Cambridge | United Kingdom | 8 |
Bocconi University | Italy | 9 |
National University of Singapore (NUS) | Singapore | 10 |
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Download EBookHarvard Business School
Harvard's Business School was founded in 1908 at Harvard University. It is a graduate school located in Boston City USA. This B-school offers MBA courses and eight PhD-level programmes in different specialisations such as accounting, management, health policy, marketing, operations, and more. Additionally, Harvard offers multiple executive education programmes for professionals based on topic-focused learning curricula with a global perspective. The Harvard Business School acceptance rate for international students is around 3%.
Harvard is one of the top MBA colleges in the world and the university offers 2 years full-time MBA with a general management curriculum. The HBS makes the MBA affordable for students by offering need-based scholarships for almost 50% of its students. The Harvard MBA fees for international students is around USD 76,500 per annum.
INSEAD
INSEAD is a graduate business school founded in 1957. The school has 4 campuses in Europe, Asia, Abu Dhabi, and San Francisco. INSEAD offers various master's, doctoral, and executive education programmes for overseas candidates and is listed among the best business schools in the world. The INSEAD acceptance rate ranges from 30 to 35% for international students.
The university’s research in bringing new ideas and knowledge is disseminated through the school teachings for the students. The Global MBA programme of INSEAD is ranked 2nd position in the top 10 business schools in the world Financial Times 2024. The INSEAD MBA fees for Indian students is approximately USD 108,000 per year.
London Business School
The London Business School was founded in 1964 and is located in the London City of the United Kingdom. The London Business School acceptance rate for international students of 20%. It is among the best business schools in the world with 90% of international students enroled in MBA programmes.
The London Business School offers various business courses in master, doctoral, and executive education programmes in multiple specialisations like Accounting, Economics, Marketing, Entrepreneurship, Finance, Management and Operations, Organisational Behaviour and Strategy, etc. The London Business School MBA fee is around USD 125,000 per year.
Stanford University
The Stanford Graduate School of Business of Stanford University was founded in 1925. The school is located in California USA and holds its name in the list of 10 top business schools in the world. The B-school delivers programmes in MBA, 1-year master's in management (MIM), and other PhD courses. The MBA fees at Stanford University for international students is around USD 82,500 per annum.
These insightful programmes are focused on leadership and teaching and are offered to students from world-class researchers and successful business leaders. The Stanford University acceptance rate is 4% for admissions. Being one of the top 10 best business universities in the world it has a graduation employment rate of 60.9 to 82.8%.
Massachusetts Institute of Technology
The MIT Sloan School of Management is located in Cambridge city of Massachusetts, USA. The B-school offers both undergraduate and graduate courses. Considering admissions the MIT Sloan School of Management acceptance rate is 13.8%. MIT is one of the top 10 best business schools in the world for undergraduate courses.
The MIT MBA fee for international students is approximately USD 84,000 per year. Here, students from the UG courses can participate in research along with their faculty and this can be advantageous for students who are exploring wide range of career opportunities.
MIT Sloan offers over 90+ executive business programmes are offered both in person and online which are fueled by cutting-edge research and the latest technologies. MIT Sloan is in the top 10 business schools in the world QS 2024 and it also holds a graduation employment rate of 80%.
University of Oxford
The Business School of Oxford was founded in 1996 and is located in Oxford the United Kingdom. The school offers 15-degree programmes at UG and PG level covering subjects like economics, management, law, global health care, finance, and project management, etc. The MBA tuition fee for Said Business School for Indian students is USD 85,000 per annum.
The Master in Finance is one of the highly ranked subjects as per QS 2024 Subject Rankings. The university also offers a wide range of scholarships, especially for MBA programmes to support its students in their education. The Said Business School acceptance rate is 20%, this demonstrates the highly selective policy for admissions.
University of Pennsylvania
The Wharton School of Pennsylvania is the World’s first Business school established in 1881. The school is located on the Philadelphia campus of the University of Pennsylvania, San Francisco, USA. The University of Pennsylvania acceptance rate is 7% indicating a highly competitive admission process for international students.
The Wharton school offers a range of courses in UG, masters, PhD, executive education, global and interdisciplinary programs, etc. The MBA tuition fee for the Wharton School of Pennsylvania is USD 84,800 per year. The school is one of the top 10 best business schools in the world 2024 and it offers a flexible curriculum, innovative learning, and leadership development through its teachings.
University of Cambridge
The Cambridge Judge Business School of Cambridge University was founded in 1990, in the UK. The Cambridge Judge Business School acceptance rate is 31%, students must fulfill all the required eligibility criteria to stand out among other applicants.
The school offers 12 postgraduate courses in master's and doctoral programs in subjects like finance, management studies, business, innovation, strategy and organisation, etc., MBA, accounting, etc. The MBA tuition fee for Cambridge Judge Business School is USD 75,000 per year.
Bocconi University
The SDA Bocconi School of Management Studies offers all the business and management-related programmes of Bocconi University. The school was established in 1971 in Italy. The Bocconi University acceptance rate is 38% for international students. It is one of the top 10 best business universities in the world with triple crown accreditation by AACSB, EQUIS, and AMBA.
This accreditation signifies the higher standards of teaching, employability, and strategic management, of the university. The Bocconi offers programmes like MBA, executive masters, and executive online programmes. The Bocconi University MBA fee is USD 81,000 for the whole programme.
National University of Singapore (NUS)
The NUS business school was founded in 1965 and is one of the best business schools in the world. The NUS innovates new teaching methods and leverages self-directed and experiential learning for the students. The acceptance rate for NUS B-school is 7%. It offers a range of academic programmes at the undergraduate and PG levels like BBA, MBA, PHD in management, etc, and more.
The MBA tuition fee for NUS B-school is USD 56,000 The marketing subject offered by the NUS is ranked in the top 8th position in QS subject rankings of 2024. The university has a diverse student body and world-class faculty with 170 members from over 20 international regions
Best MBA Programmes in the world
MBA is the most popular and most sought-after degree to study abroad. Here is the list of MBA programs offered by the best colleges. Check the list mentioned in the table below.
Top 10 Best MBA Universities in the World 2024
University | QS Global MBA Ranking 2024 |
Stanford Graduate School of Business | 1 |
Penn (Wharton) | 2 |
Harvard Business School | 3 |
London Business School | 4 |
HEC Paris | 5 |
MIT (Sloan) | 5 |
7 | |
8 | |
Cambridge (Judge) | 9 |
IESE Business School | 9 |
Students can also like to read
Top 10 Best Cheapest Business Schools in the World
Pursuing a business degree can cost a fortune to international students. Top universities located in the USA, UK, and other top-world countries might charge higher tuition fees for international students. However, many popular universities offer the best education at affordable costs. Some of the best low-cost universities in the world for overseas students are listed in the table below.
Top 10 Best Affordable B-Schools in the World
University | Fees |
No Tuition Fees | |
University of Ljubljana | EUR 4,000 |
University of Warsaw | EUR 2,000 - EUR 4,000 |
EUR 12,000 | |
Stockholm School of Economics | EUR 14,000 |
Aalto University School of Business | EUR 12,000 - EUR 15,000 |
NUS Business School | SGD 30,000 |
Indian Institute of Management (IIM) | Rs. 2,000,000 |
EUR 3,500 | |
IAE Business School | USD 12,000 |
Students may also like to read
Frequently Asked Questions (FAQs)
1. Which colleges are best for MBA in 2024?
The top universities like Stanford Graduate School of Business, Penn (Wharton), Harvard Business School, London Business School, and HEC Paris are the best to enrol for an MBA in 2024.
2. What is Harvard Business School ranked in 2024?
The Harvard Business School ranks first place in the subject of Business and Management as per the QS World University Ranking 2024. Also it ranks the 6th position out of the 1254 best business schools for MBA programs as per the US News and World Report 2024.
3. Which is the no. 1 MBA university in the world?
The Stanford Graduate Business School is the top school in the world to study MBA given as per the QS global rankings 2024. The university offers a full-time 2 years MBA programme with a developed curriculum. The MBA admission here does not require any work experience.
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For the AMC (Australian Medical Council) exam , which assesses international medical graduates for practice in Australia, the IELTS requirement is generally a minimum overall score of 7.0 , with no individual band score below 7.0 (in Listening, Reading, Writing, and Speaking).
Alternatively, the AMC also accepts equivalent scores from OET, TOEFL iBT, and PTE Academic :
- OET : A grade of B in all four components.
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Meeting these requirements is essential to proceed with the AMC’s application and registration processes.
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kumardurgesh1802 31 October,2024
Hello
To be eligible for the Australian Medical Council (AMC) exams , candidates must demonstrate English .
AMC assessment process :
1. Accepted English Language Tests and Scores
IELTS ( International English Language Testing System ) :
Overall band score : 7.0 in each band ( listening , reading , writing and speaking ) .
PTE Academic ( Pearson Test of English Academic ) :
Overall score of 65 in each band ( listening , reading , writing and speaking ) .
2. Validity of Test Scores
The test results must be no older than two years at the time of submitting your AMC application .
3. Preparation Tips for IELTS
Practice regularly : Build your language skills across all four components .
Take practice exams : practice can help improve speed and accuracy .
professional coaching if needed , specially for writing and speaking , which are often the most challenging part .
Use official IELTS resources : Cambridge IELTS books , online mock tests and other reliable materials can give you an accurate rating .
4. Application Tips
Ensure that your English test scores are valid and meet the minimum requirements before applying .
Keep a copy of your scores as they may need to be provided to both the AMC and registration authority in Australia .
Hope this helps you .
All the best
Mitali Sharma 31 October,2024
If you have completed a master's degree in the UK, you might still need to take the IELTS test to qualify for a Permanent Residency (PR) or Work Visa in Australia. While your degree from an English-speaking country like the UK may demonstrate your proficiency in English, Australian immigration authorities typically require a standardized English language test score, such as IELTS, to assess your language skills formally.
For better guidance, Invicta Institute can provide you with detailed information and assistance regarding the specific English language requirements for Australian PR or Work Visa applications. Invicta's experienced counselors can help you navigate the process and determine if your UK degree suffices or if you need to take the IELTS test.
Amrita Koner 18 July,2024
Since you're currently in the first year of your Bachelor of Commerce (B.Com), planning ahead for your MBA abroad is a wise decision. The ideal time to take your IELTS exam is during your third year of B.Com. This timing ensures that your IELTS score, which is valid for two years, will still be valid when you apply for MBA programs.
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The duration of IELTS coaching can vary depending on the intensity and structure of the program. Typically, coaching programs range from 4 to 12 weeks, with classes held several times a week. Intensive courses might last just 4-6 weeks, with daily sessions that cover all four test sections: Listening, Reading, Writing, and Speaking. Less intensive programs can extend up to 12 weeks, offering a more relaxed pace with classes a few times a week. Additionally, many coaching centers provide flexible schedules, including weekend batches and personalized one-on-one sessions, allowing students to choose a plan that best fits their needs and timelines. Hyderabad offers several reputable institutes for IELTS coaching (https://icclearning.com/under-graduate/) , catering to the diverse needs of aspiring test-takers. One standout option is Invicta Career Consultancy (ICC), renowned for its comprehensive IELTS coaching programs. ICC combines experienced faculty, personalized study plans, and rigorous practice sessions to equip students with the necessary skills for success in the IELTS exam. You can check them out
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