Top MBA Colleges In the USA
1. University of Chicago [ Booth]
University of Chicago [Booth] is ranked number 1. In the Best Business Schools and NO. 1 in Part-Time MBA.
Founded in,1898 this university is the second oldest Business School in the US. The University of Chicago Booth Business School dates back to 1898 when university faculty member James Laurence Laughlin founded the faculty of Commerce and politics.
The program originally functioned as a pure undergraduate University until the introduction of the academic-oriented Research Master’s. TIn 1916, the school was renamed the School of Commerce and Administration. Soon after, in 1922, the school launched its first doctorate program. The school was renamed the School of Business in 1932. In 1935, the School of Business offered the first Master of Business Administration (MBA). The school made a historic decision around this time to focus its resources solely on graduate programs, and the undergraduate program was phased out in 1942. That year, alumnus David G. Booth made a $300 million gift to the school, and the school was renamed the University of Chicago Booth School of Business in his honor.
Academically, the Chicago Booth School of Business offers full-time, part-time (evening and weekend), and executive MBA programs. The university is also a major educational center for future academics, with graduate programs offering A.M. and Ph.D. degrees in a variety of fields. Aside from graduate business programs, the school conducts research in finance, economics, quantitative marketing research, and accounting, among other areas.
2. University of Pennsylvania [Wharton]
The University of Pennsylvania’s Wharton School also known as Wharton Business School, the Wharton School, and Wharton is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia, Pennsylvania. The Wharton School is the world’s oldest collegiate business school, founded in 1881 by Joseph Wharton’s donation. It is widely regarded as one of the world’s most prestigious business schools. From its inception, he stated that the school’s goal was “to provide for young men special means of training and correct instruction in the knowledge and arts of modern Finance and Economy, both public and private, in order that, being well informed and free from delusions upon these important subjects, they may either serve the community skillfully and faithfully in offices of trust or, remaining in private life, may prudently manage their own afflictions.” In 1902, the school was renamed the Wharton School of Finance and Commerce, and it was formally changed to simply Wharton. MBA course Cohen Hall, formerly known as Logan Hall, was the Wharton School’s previous home. The MBA program is divided into two tracks: full-time students and executives. Students can choose between double majors and individualized majors. During their first year, all students must complete a required core curriculum that covers traditional management disciplines such as finance, marketing, statistics, and strategy, as well as the leadership, ethics, and communication skills required at senior management levels. In the second year, students select electives.
3. Northwestern University [Kellogg]
The Kellogg School of Management at Northwestern University (also known as Kellogg) is Northwestern University’s business school, located in Evanston, Illinois. Kellogg is one of the world’s oldest and most prestigious business schools, having been founded in 1908. Its faculty, alumni, and students have contributed significantly to fields such as marketing, management sciences, and decision sciences. The School of Commerce at Northwestern University was established in 1908. It provided an evening part-time program. It was a founding member of the Association to Advance Collegiate Schools of Business, which establishes business school accreditation standards. The school was instrumental in the development of the Graduate Management Admission Test.
Furthermore, researchers affiliated with the school have contributed to fields such as marketing and decision sciences. For example, in the first decade of the twentieth century, Walter Dill Scott, a pioneer in applied psychology, helped establish some of the first advertising and marketing courses. From 1920 to 1939, he was the president of Northwestern University. Recent examples include Philip Kotler and Sidney J.
4. Stanford University
The Stanford Graduate School of Business (also known as Stanford GSB or the GSB) is Stanford University’s graduate business school. Located in Stanford, California, it has been the world’s most selective business school for several years, admitting only about 6% of applicants.
Stanford GSB offers a Master of Business Administration (MBA) in general management, the MSx Program (MS in Management for mid-career executives), and a Ph.D. program, as well as joint degrees with other Stanford schools such as Earth Sciences, Education, Engineering, Law, and Medicine. Stanford LEAD Business Program, an online professional certificate program, is also available through the GSB. In 1925, trustee Herbert Hoover formed a committee comprised of Wallace Alexander, George Rolph, Paul Shoup, Thomas Gregory, and Milton Esberg to secure the necessary funds for the school’s establishment. Willard Hotchkiss was Stanford Graduate School of Business’s first dean. On April 3, 1933, the library was formally opened. The collection began with 1,000 volumes and various reports. In 1937, the school relocated from Jordan Hall to new quarters in the Main Quad’s History Corner.
5. Harvard University
Harvard Business School offers a two-year, full-time MBA program that focuses on real-world practice.
Becoming a student at HBS means joining a global community that promotes lifelong learning and career support, as well as peers, faculty, and staff who will both challenge and encourage you as you find and accelerate your path. Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university located in Boston, Massachusetts. It is consistently ranked as one of the world’s top business schools, with a large full-time MBA program, management-related doctoral programs, and numerous executive education programs. It owns Harvard Business Publishing, which publishes business books, leadership articles, and case studies, and the Harvard Business Review, which is published monthly. It also houses the Baker Library and the Bloomberg Center.
The school was founded in 1908. Founded by the humanities faculty, it gained independence in 1910 and became a separate administrative unit in 1913. Edwin Francis Gay (1867–1946) was the first dean. Yogev (2001) defines the original concept as follows:
This business and public administration school was originally intended to be a diplomacy and government service school modeled after the French Ecole des Sciences Politiques.
6. Yale University
Yale University began to expand its business and organizational management coursework offerings. The Department of Industrial Administration grew out of the Labor and Management Center and conferred a master’s degree in industrial administration from 1958 to 1973. The MIA was founded by Professors Thomas Holmes, Chris Argyris, and David Votaw. Frederick W. Beinecke, Ph.B. 1909, made a gift to Yale University in 1971 to establish a management program. The Yale School of Management (also known as Yale SOM) is Yale University’s graduate business school in New Haven, Connecticut. The School confers the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), Master of Systemic Risk (SR), Master of Global Business & Society (GBS), Master of Asset Management (AM), and Ph.D. degrees, as well as joint degrees with nine other Yale University graduate programs. Accounting, consulting, economics, entrepreneurship, ethics, finance, general management, health care administration, human resources management, international business, leadership, marketing, not-for-profit management, production/operations management, organizational behavior, portfolio management, public administration, supply chain management/logistics, and quantitative analysis/statistics are all departments and concentrations offered by Yale University’s School of Management. Full-time tuition is $74,500 per year, and executive tuition is $99,250 per year. At graduation, 84.40 percent of full-time program graduates are employed. Graduate students at Yale’s integrated MBA program study “raw” cases, which require them to analyze a wide range of materials such as stock charts and articles, rather than standard business case studies. Every student must complete the Leadership Development Program as well as a global studies requirement, which usually includes a trip abroad. Students take electives at the Yale School of Management in both years, either through the school or through other departments, such as the highly ranked Yale Law School.
For taking admission and want to know about eligibility, process, and other related things, visit the official site www.yale.edu
7. Columbia University
Columbia University’s business school is Columbia Business School (CBS), a private research university in New York City. Columbia Business School, founded in 1916, is one of six Ivy League business schools and one of the world’s oldest business schools. It used to offer undergraduate degrees, but that ended in the twentieth century, and it now only offers graduate degrees and professional programs.
The school opened its doors in 1916 with 11 full-time faculty members and a freshman class of 61 students, including eight women. Emerson McMillin, a banking executive, provided the initial funding in 1916, and AIn 1919, Barton Hepburn, then president of Chase National Bank, contributed to the school’s endowment. The school grew quickly, enrolling 420 students by 1920, and added a Ph.D. program to the existing BS and MS degree programs in 1924.
Columbia Business School authorized the awarding of the MBA degree in 1945. Shortly after, in the 1950s, the school adopted the Hermes emblem as its symbol, reflecting the Greek god Hermes’ entrepreneurial nature and his association with business, commerce, and communication. The Columbia MBA Program is one of the most competitive in the world, with a 13.6 percent admission rate for the 2021 entering class. The student body is exceptionally gifted and diverse. Students in the 2009 class come from 61 countries and speak more than 50 languages.
The revised core curriculum, which was introduced in the fall of 2008, accounts for roughly 40% of the degree requirements. Corporate Finance, Financial Accounting, Managerial Statistics, Managerial Economics, Leadership, Operations Management, and Marketing Strategy are among the 12 half-term courses offered. While the first year of the program is usually devoted to completing the core curriculum requirements, the second year allows students to choose from over 130 elective courses.
8. University of California- Berkeley [Hass]
The Haas School of Business, University of California, Berkeley, also known as Berkeley Haas, is the business school at the University of California, Berkeley. The Economist, Financial Times, QS World University Rankings, the United States News & World Report, and Bloomberg Businessweek have all named it one of the best business schools in the world.
In 1898, the University of California’s College of Commerce established the Haas School of Business. The Organic Act of the University, enacted on March 23, 1868, listed among its goals the provision of “special courses of instruction” for many types of “professions,” including “commerce.” Arthur Rodgers, A.S. Hallidie, and George T. Marye Jr., University Regents, later proposed the establishment of a College of Commerce. On September 13, 1898, the new college was established.
Among the current notable faculty are former Chairs of the Federal Reserve and the Council of Economic Advisors, Nobel laureates in economics, the Secretary of the Treasury, Google’s chief economist, and others. The school, named after Walter A. Haas, is housed in four buildings surrounding a central courtyard on the Berkeley campus’s southeastern corner, where both undergraduate and graduate students attend classes; its resident startup incubator, Berkeley SkyDeck, is located west in Downtown Berkeley. The Berkeley MBA Program is a two-year program that prepares students for positions of business leadership. Berkeley Haas requires all MBA students to take an Applied Innovation course, such as [email protected] or International Business Development, in addition to their core curriculum and electives.
Prospective full-time MBA students can apply to one of three concurrent degree programs: a four-semester MBA/MEng program with one of seven UC Berkeley College of Engineering programs, a five-semester MBA/MPH program with the UC Berkeley School of Public Health, and a four-year JD/MBA program with the UC Berkeley School of Law or the University of California, Hastings College of the Law.
9. The University of Michigan—Ann Arbor [Ross]
The University of Michigan’s business school is the Stephen M. Ross School of Business (Ross; formerly known as the University of Michigan Business School). The Economist, Financial Times, QS World University Rankings, and the United States News & World Report all rank it among the best business schools in the world. The Ross School of Business offers undergraduate, master’s, and doctoral degrees, as well as an executive education program. Its Bachelor of Business Administration (BBA), Master of Business Administration (MBA), and Executive Education programs are ranked among the best in the United States and around the world. Dual degrees are available from other University of Michigan colleges and schools. The Distinguished Leader Certificate is available through the Executive Education Programme. In 1900, the University of Michigan offered the first business courses. Henry Carter Adams, Chairman of the Economics Department, oversaw the expansion of practical courses to prepare students for careers in business. The economics department came up with the idea for the school. The Certificate of Business Administration was first issued by the university’s College of Literature, Science, and the Arts in 1918. Edmund Ezra Day was hired as the founding dean of a new business school by University President Marion LeRoy Burton in 1923.
10. Dartmouth College [ Tuck]
The Tuck School of Business at Dartmouth College (also known as Tuck and formally known as the Amos Tuck School of Administration and Finance) is a private research university located in Hanover, New Hampshire.
The Tuck School, established in 1900, was the first institution in the world to offer a master’s degree in business administration. The Economist, Financial Times, Forbes, U.S. News & World Report, and Bloomberg Businessweek consistently rank it among the best business schools in the world. Tuck was ranked second by Bloomberg Businessweek and sixth by Forbes for the best US business school in 2021. The Tuck School offers only one degree, the Master of Business Administration, through a full-time, residential program (MBA). Tuck is known for its rural setting and small class sizes—each MBA class has approximately 280 students. As a result, both these factors, along with Tuck’s commitment to the full-time MBA program, contribute to the university’s high giving rate among its 10,300 alumni spread across 73 countries. Almost 70% of all Tuck alumni give to the school on a regular basis, the highest rate among business schools worldwide. Dartmouth College president William Jewett Tucker decided at the turn of the twentieth century to investigate the possibility of establishing a business school to educate the growing number of Dartmouth alumni entering the commercial world. Tucker was also concerned about business leadership in a broader social sense, or “training commensurate with the larger meaning of business,” and so began soliciting interest from Dartmouth alumni. The Tuck School of Business offers only one degree: a two-year, full-time Master of Business Administration (MBA). Students in the MBA program may specialize in areas such as finance or marketing, but specialization is not required for graduation. Tuck’s first-year MBA students complete a 32-week core curriculum in general management as well as a specialized First Year Project. Students take 12 elective courses and design their own focused field of study during their second year.