Top 10 Universities of USA For Business and Management
These business management programs provide a top value for all students, regardless of whether the initial cost is high, or low.
The world of business is always changing. The ever-changing laws, regulations and technologies always conspired to create nothing if not an interesting environment for commerce. It is therefore important for business leaders to have a strong academic foundation in their discipline. A bachelor's degree in business management or an MBA in business management also provides business leaders with the fundamental tools to adapt when business rules change.
The following list was created as the result of in-depth research into each school's educational offerings, costs, and outcomes. These business management programs provide a top value for all students, regardless of whether the initial cost is high, or low. While students should include their individual needs and ambitions in their decisions when researching business schools, the following list is inherently based on objective metrics that were applied to each program.
1. Harvard University
Harvard University has overtaken London Business School in the UK to take first place in the Business and Management Rankings this year and third overall in the world in the QS World University Rankings® 2016-2017.
Harvard Business School (HBS), founded in 1908, is the owner of Harvard Business Publishing, which publishes the renowned Harvard Business Review magazine. It has an enrollment of just over 2,000 students in MBA and doctoral programs.
2. Stanford University
Ranked fourth in the world for business and management, Stanford University has one of the most selective business schools in the US, with only a 7% acceptance rate.
Renowned for producing a remarkable number of successful business leaders and entrepreneurs from its alumni, Stanford is located in the heart of California's Silicon Valley, home to an array of renowned high-tech corporations and start-ups.
3. University of Pennsylvania
The University of Pennsylvania is ranked 5th worldwide for business and management. Its business school, the University of Pennsylvania's Wharton School, is one of the oldest of its kind in the US, founded in 1881 with a donation from industrialist Joseph Wharton.
It has approximately 5,000 students and 94,000 alumni worldwide, including CEOs of companies such as Google and Apple.
4. Massachusetts Institute of Technology (MIT)
The Massachusetts Institute of Technology (MIT) -- which tops the overall QS World University Rankings -- comes in sixth in the business and management rankings.
Its Sloan School of Management has an enrollment of approximately 1,600 students and follows the university's motto "Mens et Manus", or mind and hand, which emphasizes the need to find practical solutions to real-life problems.
5. University of California, Berkeley (UCB)
Next among the top US universities for business and management is the University of California, Berkeley (UCB), which is ranked 12th in the world for business and management.
Its Haas School of Business, named after Walter A. Haas, former president and president of Levi Strauss & Company, is the second oldest business school in America (founded in 1898) and educates approximately 2,200 undergraduate and graduate students.
6. Yale University
Yale University's Yale School of Management climbed 10 places to be ranked 16th among the world's top business schools in 2016.
It was established in 1976 and only 668 students are enrolled in it. From the 2017-2018 academic year, the school will offer a new one-year Master of Management Studies in Systemic Risk, the first of its kind in the world.
7. University of California, Los Angeles (UCLA)
Back in California, and the Anderson School of Management at the University of California, Los Angeles (UCLA) also improved their position this year, climbing five places to 17th for business and management.
The school bases its ethic on the future to 'share success, think fearlessly and drive change'. Founded in 1935, it has approximately 37,000 alumni worldwide.
8. New York University (NYU)
Jointly ranked 19th in the world for business and management, New York University's Stern School of Business is one of America's oldest and most prestigious business schools.
Founded in 1900 as the School of Commerce, Accounts and Finance, it opened in 1988 to alumnus and benefactor Leonard N. Stern, and it is located on the University's Greenwich Village campus in New York City.
9. University of Chicago
Sharing 19th place with NYU among the world's top business schools, the University of Chicago's Booth School of Business was the first American business school to offer an Executive MBA program (in 1943) as well as to offer a PhD in Business.
The first was (1920). . Booth's seven faculty members are Nobel laureates and the school has approximately 49,000 alumni worldwide.
10. Columbia University
Ranked joint 22nd in the world for business and management, Columbia University is another New York City-based institution located in Manhattan and therefore the center of America's global business hub.
Established in 1916, it celebrates its centenary this year with several events, and prides itself on being 'at the heart of business'.The university's endowment stands at $11.26 billion in 2020, among the largest of any academic institution. As of October 2020, Columbia's alumni, faculty, and staff have included: seven Founding Fathers of the United States four U.S. presidents 29 foreign heads of state ten justices of the United States Supreme Court, one of whom currently serves; 96 Nobel laureates; five Fields Medalists; 122 National Academy of Sciences members 53 living billionaires 22 Olympic medalists 33 Academy Award winners; and 125 Pulitzer Prize recipients.