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A quick Google search will provide dozens of options for the best MBA programs and courses that can lift your CV to impressive heights or help you make a successful transition to a new career.
Typically lasting between one and two years, the MBA is a highly coveted and for-profit qualification aimed at experienced business professionals and designed to prepare them for more senior positions – typically within management.
But with thousands of schools across the world offering curricula, it can be difficult to choose the best one. So, to make sure you are equipped with the right knowledge and resources, we have compiled a list of ten best MBA programs using annual data. QS World University Rankings,
10. Haas School of Business
Duration: 21 months
acceptance rate: 23%
Program Fee: $64,246
Located on the campus of UC Berkeley, Haas School of Business offers one of the best MBA programs in the world.
Spread over four semesters, students take courses such as microeconomics, strategic leadership and ethics and have the freedom to shape their studies through a wide range of electives, including real estate development and international finance.
You will also have the option of participating in an exchange program during your third semester, as well as joining an Applied Innovation course that allows students to put theory into practice and solve real-world problems.
9. IE Business School
Duration: 12 months
acceptance rate: 41%
Program Fee: $72,200
IE Business School’s full-time, one-year MBA program has an acceptance rate of 41% and is relatively easy to get into.
On average, about 2,000 people apply each year, and the majority of candidates are from Europe and Asia.
IE Business School offers many other programs including Master’s programs in Management and Finance, Executive Education, Executive MBA and Ph.D.
8. Columbia Business School
Duration: 20 months
acceptance rate: 18%
Program Fee: $77,376
Columbia Business School at Columbia University is renowned for its MBA program. It has been like this for many years, thanks to its excellent reputation and the many options it has for its teachings in finance and business. This includes:
- international trade
- Statistical analysis
Students have the option of enrolling in Columbia University’s full-time, two-year MBA program in January or August. It is estimated that around 6,500 people apply for about 1,200 places.
7. London Business School
Duration: 15-21 months
acceptance rate: 34%
Program Fee: £97,500 ($133,794)
Are you interested in a full-time two-year program? London Business School, which is today considered one of the best business schools in the world, might just be what you are looking for.
The academic facility continues to see an increase in the number of applications each year, perhaps because its MBA program places a heavy emphasis on international perspective and cultural diversity. The research work is intense, and one must remain dedicated to the graduate.
All applicants must have at least two years of work experience and the ability to work in a multicultural environment.
Duration: Ten Months
acceptance rate: 31%
Program Fee: €91,225 ($104,434)
INSEAD’s MBA program can be completed within ten months. However, the competition is fierce as it receives around 6,000 applications from candidates around the world, of which only one in three is approved. Applicants are not apprehensive about one of the most expensive MBA programs in the world.
In addition to a full-time MBA, INSEAD offers a Masters in Finance, an Executive MBA and an MSc/PhD in Management as well as several other executive programs.
The school maintains four campuses with locations in Paris, San Francisco, Abu Dhabi and Singapore.
5. Hec Paris
Duration: 16 months
acceptance rate: 4.5%
Program Fee: $78,000
HEC offers one of the most sought after MBA by fresh graduates and established businessmen. It is one of the most difficult programs to enter because the acceptance rate is one of the lowest in the world, and 93% of accepted candidates come from outside France, with over 60 nationalities joining the program each year.
Applicants can enroll in September or January, and most come from solid business backgrounds.
4. Harvard Business School
Duration: 21 months
acceptance rate: 9%
Program Fee: $73,440
How do you know if someone attended Harvard? They’ll tell you. This is a common joke lately. That said, you can’t blame anyone for being proud to be accepted into the prestigious Harvard Business School.
About one in 10 candidates are accepted into its full-time, two-year MBA program, with thousands of individuals worldwide applying for a position. If you also want to apply, then you will need at least one to two years of experience while applying.
Research is highly encouraged at Harvard Business School and the school has produced hundreds of Fortune 500 CEOs and government leaders and successful entrepreneurs. Also, about 71% of candidates already have a full-time job offer at the undergraduate level.
3. Sloan School of Management
Duration: 24 months
acceptance rate: 14.6%
Program Fee: $78,954
Massachusetts Institute of Technology (MIT) is much more than an institution that excels in physics, chemistry and computer engineering.
Indeed, the MBA at the Sloan School of Management is considered one of the top programs in the world. Be careful, though: the school is quite selective in who it accepts. Still, if you get a position at MIT, a job with an MBA from Sloan at a top corporation is guaranteed. It is estimated that approximately 96% of graduates already have job offers after completing the program.
2. The Wharton School
Duration: 21 months
acceptance rate: 9%
Program Fee: $162,960
The Wharton School at UPN is one of the most prestigious universities in both the US and the rest of the world. The school emphasizes this fact, noting that their MBA is something that can help you start a business or work at the highest level in some of the biggest companies in the world today.
Suffice it to say, this program is intensive as it covers every aspect of business and finance. Most applicants must have at least five years of work experience to be accepted, hence the low acceptance rate.
1. Stanford Graduate School of Business
Duration: 21 months
acceptance rate: 6%
Program Fee: $149,400
And then there was one: the Stanford Graduate School of Business. A highly reputed place for higher education with an excellent MBA program. Despite its exorbitant cost, thousands apply to attend university every year, but the acceptance rate is in the single digits.
Students have access to all of the specialist schools on campus, and this collaborative, cross-disciplinary culture makes many choose to pursue a joint or dual degree. There is also an international focus, with global study trips and internships being offered; It reflects the diverse, multinational makeup of both the faculty and student body.
Whether it is the Stanford Graduate School of Business or the London Business School, you should remember that MBAs are not meant as an entry-level qualification, and you need to have around three years of significant experience before pursuing a normal MBA. Due to the fierce competition for places, you must actually have a bachelor’s degree, although some schools will waive this requirement if you can demonstrate exceptional professional performance.
One thing is certain – by attending any of these schools, you can significantly increase your chances of finding employment.
Join the discussion! Are you currently considering doing MBA? What are your top school choices? Let us know in the comments section below.
This article is an updated version of an earlier article originally published on 17 May 2019.