Do you want to enroll in a business school but have no idea which school you should apply to? If yes, then we’ve got covered. We have provided a list of the best business schools in the world just for you. A business school is a high-level educational institution where students study business and commerce disciplines such as economics, finance, and management. As a business school student, you will learn how to apply academic ideas to real-world issues. Alight, let’s dive into the best business schools.
What Are The Best Business Schools
This list of best business schools was carefully chosen based on ranking, successful student employment rate, achievement, facilities, and other factors.
- Harvard Business School
- INSEAD
- London Business School
- Stanford Graduate School of Business
- MIT Sloan School of Management
1. Harvard Business School
Harvard Business School (HBS) is Harvard University’s graduate business school in Boston, Massachusetts. It is routinely recognized as one of the world’s best business schools, including a substantial full-time MBA program, management-related PhD degrees, and several executive education programs.
It owns Harvard Business Publishing, which produces business books, leadership pieces, case studies, and the Harvard Business Review, published monthly. It also houses the Baker Library and the Bloomberg Center.
Accounting and Management; Business, Government, and the International Economy; Entrepreneurial Management; Finance; General Management; Marketing; Negotiation, Organizations & Markets; Organizational Behavior; Strategy; and Technology and Operations Management comprise the school’s faculty.
Harvard Business School provides a two-year, full-time MBA program that focuses on real-world practice. The school also has an online business school. HBS Online is a special and entertaining approach to mastering essential business principles, allowing dedicated students to transform their professions, businesses, and lives.
HBS is the only major business school in the United States with its self-contained residential campus in the center of one of the world’s great cities. On campus, HBS students may participate in over 80 different clubs and student groups.
The Student Association (SA) serves as the primary contact between the MBA student population and faculty/administration. The Harvard Graduate Council also represents the HBS student population at the university level.
2. INSEAD
With five campuses and centers throughout the world, INSEAD is one of the world’s top and biggest graduate business schools. The main site of the institution in France is in Fontainebleau, near Paris. The second Asia campus is in Singapore’s Buona Vista neighborhood, 15 minutes from the financial sector. The third campus is in Abu Dhabi, United Arab Emirates.
INSEAD provides a wide range of graduate and doctorate programs. In addition, the school provides tailored programs in conjunction with organizations looking to provide executive education to their managers. INSEAD provides a 10-month fully-accelerated MBA program with intakes in January and August. Students must study basic topics such as finance, economics, accounting, business ethics, and marketing, as well as electives from a pool of 75-course options.
Its MBA program, which is taught in English, is frequently regarded as one of the finest in the world. The MBA has produced the second most CEOs in the Fortune 500, behind only Harvard Business School, and the sixth most millionaires.
For experienced executives, the school’s three sites offer the Global Executive MBA (GEMBA) program. It is a 14-to-17-month rigorous modular program that incorporates group coaching, team exercises, and 360-degree evaluations. The class of 2022 has 190 students with an average of 13 years of professional experience.
The most difficult degree offered is the Ph.D. in management, a five-year program that trains students who want to work in academics or business. The first two years are for classroom work, while the following three are for research and dissertation work. In addition, INSEAD provides a certificate in business fundamentals. The Certificate Programme INSEAD-Sorbonne Unviersité is designed for recent masters and doctorate graduates.
Despite its small size as a graduate-only institution, INSEAD trained the second most C-suite executives of listed firms in the world’s 19 largest countries, behind only Harvard University and ahead of the University of Oxford. INSEAD is one of the top 20 colleges in the world, producing the majority of the world’s ultra-high-net-worth people.
3. London Business School
London Business School (LBS) is a business school and a member college of the federal University of London. LBS was formed in 1964, and it offers postgraduate degrees. The intellectual competence and global viewpoint of London Business School inspire creative and daring business thought.
The London Business School is well-known for its Master of Business Administration (MBA) program, which lays a strong emphasis on international business. Top publications consistently rate it as one of the finest MBA schools in the world.
The school offers four Executive (part-time) MBA degrees that may be completed in 16-20 months. Academically, the institution provides the same degree to Executive (part-time) and Full-time MBA students. The institution’s faculty is likewise quite international, with individuals from more than 30 nations.
These faculty members are divided throughout the school’s seven primary academic areas: Accounting, Economics, Finance, Management Science and Operations, Marketing, Organizational Behavior, and Strategy and Entrepreneurship.
The London Business School also has numerous specific research institutes, including the Aditya Birla India Center, the AQR Asset Management Institute, the Center for Corporate Governance, the Deloitte Institute of Innovation and Entrepreneurship, and the Leadership Institute.
The LBS Diversity, Inclusion, and Belonging plan include equality monitoring data on employees, students, teachers, and executive education participants. All applicants must take international examinations linked to their English ability (TOEFL or IELTS) and mathematical/logical reasoning capabilities (GMAT or GRE).
Candidates must also submit multiple essays (topics related to the envisaged programs). The acceptance procedure is divided into two parts. The first entails applying the following information. The selection committee conducts an examination when the application is approved. Candidates who match the school’s requirements will be invited to an interview on campus in London. If the latter phase is successful, the applicant will get an offer from LBS.
4. Stanford Graduate School of Business
Stanford University’s graduate business school is the Stanford Graduate School of Business. Located in Stanford, California, it has been the most selective business school in the United States for numerous years, accepting just approximately 6% of candidates. Stanford Graduate School of Business is recognized among the best business schools in the world.
Stanford GSB provides a regular Master of Business Administration (MBA) program that takes two years to complete, a Master of Science (“MSx program”) that takes one year to complete, and a doctorate (Ph.D.) degree. The MBA program is a full-time graduate program with around 420 students enrolled each year.
The MSx program is designed for students in their mid-career management positions (minimum 8 years of professional work experience). Because students in the program are recognized as Stanford Sloan Fellows, the Stanford MSx was originally known as the Stanford Sloan Master’s Program.
The Stanford MSx is one of three Sloan Fellows programs, with others at the MIT Sloan School of Management and the London Business School. The Stanford LEAD Business Program (LEAD stands for learn, engage, accelerate, and disrupt) is a one-year online business program at the Graduate School of Business that provides students with access to curricular materials and allows them to specialize in personal leadership.
Stanford GSB has many affiliations with other business schools. It collaborates with Harvard Business School on a variety of Executive Education programs. Attending the Stanford Graduate School of Business can be helpful for the formal education it delivers and the lively business world in which it is located.
Stanford Graduate School of Business students, as an important part of the Silicon Valley ecosystem, are well positioned to benefit from the network of venture capital (VC) firms, angel investors, experienced advisors, business incubators, and other important resources to the American technology sector. For example, the university’s Center for Entrepreneurial Studies offers institutional tools for entrepreneurs.
5. MIT Sloan School of Management
Sloan School of Management is the business school of the Massachusetts Institute of Technology. It is a private institution in Cambridge, Massachusetts. MIT Sloan is one of the best business schools in the world. MIT Sloan provides bachelor’s, master’s, doctoral, and executive education programs. Its degree programs are among the world’s most elite. MIT Sloan places a premium on innovation in both practice and research.
The MBA program at MIT Sloan offers an unrivaled blend of in-depth case studies with live case discussions, intriguing collaborative projects, riveting seminars taught by excellent professors, unique opportunities to meet with business leaders, and Action Learning Lab workshops.
The program emphasizes active learning, which pushes students to apply classroom principles to real-world business situations. The case approach, lectures, team projects, and hands-on Action Learning Labs are used to teach courses. By business school standards, the intellectual level of courses is exceptionally difficult, with a stronger focus on analytical thinking and quantitative analysis than in other programs.
MIT Sloan works closely with other MIT departments, including the School of Engineering, the School of Science, and the Department of Economics. The Leaders for Global Operations (LGO) program is a unique combined degree program with the School of Engineering. Students earn both an MBA and a Master of Science in Engineering.
Sloanies are MIT Sloan students and alums. The MIT Sloan culture is comparable to, but separate from, the wider MIT culture and is heavily impacted by its MBA program. Every year, MBA students come from more than 60 nations, with slightly more than half from North America and 60% possessing US citizenship.
Frequently Asked Questions
What Is London Business School Known For?
London Business School is a world-renowned graduate business school. Its MBA program is well-known for emphasizing cultural diversity and global viewpoints, and it is frequently rated among the top five best business schools in the world.
Is An MBA From MIT Worth It?
An MBA from MIT is worth it. The MIT Sloan School of Management has one of the nation’s most competitive MBA programs and generates some of the most successful business school alums.
What Is Stanford Business School Known For?
The Stanford Graduate School of Business (GSB) is a top business school with a focus on private equity and venture capital, entrepreneurship, and social impact.
How Hard Is It To Get Into An MIT MBA?
With a 14.6 percent admission rate, MIT Sloan is the third most competitive institution in the United States.
References
- https://www.topuniversities.com/university-rankings/university-subject-rankings/2022/business-management-studies
- https://en.wikipedia.org/wiki/MIT_Sloan_School_of_Management
- https://www.investopedia.com/terms/s/stanford.asp
- https://mitsloan.mit.edu/
