Master of Business Administration or MBA is one of the most popular post-graduate programmes in India and abroad. The two-year programme is a gateway to a plethora of job opportunities in the corporate world. Here, we shall see some top universities for MBA in the world.
What makes MBA such a popular course is that students from any background – including Science, Commerce and Humanities – can pursue it. A regular MBA or Post-Graduation Diploma in Management (PGDM) is generally a two-year course divided into four or six semesters. However, certain private institutes offer one-year PGDM programmes as well.
One can pursue MBA in various modes, such as Regular, Online and Distance-Education. Interested candidates can also find programmes customised based on their professional experience, such as Executive MBA.
Many management institutes offer a Post-Graduate Diploma (PGD) or Post-Graduate Programme (PGP) in Management instead of an MBA degree. There is not much difference between the two, but for their titles.
In this blog, we have some of the top universities for pursuing an MBA degree.
In joint first position for the 2020 top universities for MBA in the world is The Wharton School at the University of Pennsylvania, which achieved the highest employability score. Besides, the 21-month program includes a recommended summer internship. Students can further choose from 18 majors (including accounting, finance, and marketing), with around 40 per cent of students completing their degree with two majors.
Tuition fees: US$162,756
Percentage of female students: 43 per cent
Percentage of international students: 33 per cent
Students in class: 862
Retaining last year’s top spot (though this year tied with Wharton) is Stanford Graduate School of Business. Besides, it is the only school in the rankings to achieve a perfect score for entrepreneurship and alumni outcomes. Lasting 21 months, students must also complete a Global Experience Requirement, where they study and work abroad for a minimum of 10 days. Previous destinations have also included Brazil, South Korea and Greece.
Tuition fees: US$141,180
Percentage of female students: 41 per cent
Percentage of international students: 42 per cent
Students in class: 419
Also coming in third – and the highest-ranked European program in the world – is INSEAD. The school scored very highly for Return on Investment (ROI), with an average 100 per cent salary increase for MBA graduates. The program lasts ten months, with opportunities to also study at INSEAD’s three campuses in Fontainebleau, Singapore and Abu Dhabi. Moreover, students complete 14 core courses and have a choice from over 75 elective options.
Tuition fees: US$98,009
Percentage of female students: 35 per cent
Percentage of international students: 96 per cent
Students in class: 536
In joint third place is the 24-month program at MIT Sloan School of Management. Further, MIT is well-renowned for its research excellence, explaining why it is the only school in the rankings to achieve a perfect score for thought leadership. MIT promote ‘Action Learning’, meaning that students learn management skills hands-on, working remotely and on-site with host organisations to solve real-life business challenges.
Tuition fees: US$148,400
Percentage of female students: 42 per cent
Percentage of international students: 38 per cent
Students in class: 409
Harvard Business School is recognised as the MBA originator, running the world’s first program in 1908. Ranked fifth, it achieves the joint second-highest score in the rankings for employability. The school’s famous case method is internationally renowned, with HBS faculty writing over 80 per cent of business school cases sold globally. During the 24-month MBA, students will read and work on around 500 cases, both individually and in groups.
Tuition fees: US$146,880
Percentage of female students: 41 per cent
Percentage of international students: 37 per cent
Students in class: 930
The only British business school in the global top 10, the MBA program at London Business School lasts for 21 months, longer than the standard European MBA course. Furthermore, London is one of the world’s leading financial capitals, with 100 per cent of the world’s leading financial institutions represented in the city and three-quarters of the top 500 global companies using it as their base. Their employment stats are impressive, with 94 per cent of MBA graduates accepting a job offer three months after graduation.
Tuition fees: US$104,493
Percentage of female students: 40 per cent
Percentage of international students: 91 per cent
Students in class: 485
In the global top 10, the HEC Paris MBA achieved the second-highest score in the rankings for ROI. HEC graduates enjoyed a staggering 152 per cent salary increase post-MBA. The 15-month program focuses on developing leadership potentials, such as leadership seminars, a student-run MBA multisport MBA tournament and the HEC Global Leaders Series, with influential speakers from the business world.
Tuition fees: US$66,690
Percentage of female students: 34 per cent
Percentage of international students: 93 per cent
Students in class: 274
These were the top 7 MBA universities across the world.
We have answered some questions for your help.
Q1. Which MBA has the highest salary?
Let’s talk about jobs which are offering the highest MBA salary:
- Investment Banker
- Project Manager.
- Business Development Manager.
- Marketing Manager.
Q2. Is MBA in Germany free?
All students looking to pursue a Master’s in Business Administration (MBA) are informed that most publicly funded universities in Germany levy no tuition fees. Students are, however, required to pay an Administration Fee at the beginning of every academic year.
We truly hope we were able to resolve any queries you might have had about top universities for MBA in the world. For further assistance, get in touch with our counsellors here at ForeignAdmits.