Gaining a business degree such as an MBA from the best grad schools for business university in the world may be a pride for some people. Reputation, facilities, quality of teachers and strong alumni network are becoming factors of many people from all over the world to study business at top universities. Another factor, obtaining an MBA degree can help boost your career from both the public and private sectors.
Actually many universities are world-class in terms of business. Some are from England, Australia and some European countries. However, I find that the United States is a pioneer in this regard. America has the world’s best university stock of all fields, no exception in terms of business.
Here are the top 5 American universities in the business field for 2017
- 1. Harvard – HBS or Harvard Business School.
Under the auspices of Harvard University, Harvard school business programs are number one in the world. Every year there are about 900 people who study business in this school. The amount of fees that you must provide at least 56 thousand dollars. The official website is www.hbs.edu.
- 2. Stanford – Graduate School of Business
Located in the heart of Silicon Valley, Stanford Business School is the perfect school for businessmen. In an area surrounded by start-up entrepreneurs, Stanford’s business program has close ties to venture capital and technology companies from across Silicon Valley. Admission to Stanford Business School is very difficult, as it is usually less than 10 percent of applicants accepted. Stanford Graduate School of Business, hosted by Stanford University in California, is one of the most favorite institutions with an entry fee of about US $ 59,000. His official website at gsb.stanford.edu
- 3. University of Chicago – Booth School of Business.
I was a little surprised that the Chicago Booth School of Business was able to occupy the 3rd position and shift Wharton and MIT to get down to positions 4 and 5. Booth is famous for his teaching more focused on finance. However, Booth is one of the business schools whose curriculum is most flexible. Students can choose their own class that they like according to their background and goals.
If you want to apply for business school, Booth should be considered. The competition in the Booth is not as competitive as Harvard, but the quality of teaching is world-class. In addition to information, last year there were approximately 4284 applicants and received about 24% of 1047 people. Total costs to start studying at the Booth School of Business are in the $ 58,000 range. His official website is chicagobooth.edu
- 4. University of Pennsylvania – Wharton School of Business
The University of Pennsylvania is famous for its Wharton School of Business. One of his alumni is Sundar Pichai who currently serves as CEO of Google. Wharton’s reputation in business is undoubtedly a long time since Wharton has created world-class leaders in business such as Elon Musk (CEO Paypal and SpaceX), Jeff Weiner (LinkedIn CEO) and more.
Wharton is also famous for his very strong alumni network. In addition, alumni from Wharton earned an average salary higher than alumni from other business schools. The official website you can see at wharton.upenn.edu
- 5. MIT – Sloan School of Management
MIT is synonymous with its powerful STEM (Science, Technology, Engineering and Mathematics) science. However, the quality of MIT in business can not be underestimated. USNews puts MIT in the fifth position in the business field in 2016-17, certainly a remarkable achievement. MIT managed to get rid of its competitors in business fields such as Northwestern University, UC Berkeley and Yale University, respectively in positions 6, 7 and 8. Good work for MIT. the Sloan business school offers quality education at a starting cost of $ 30,000, which is 60% more expensive than the average cost of business schools in America. His official website is mitsloan.mit.edu.
In addition to the exorbitant costs of studying business from the universities above (could reach $ 128,000 / year), in fact the university is never deserted applicants. If you are admitted to one of the five universities above, then you should be grateful and proud. The above universities only accept the best and the bright students in the world. However, make sure you are also financially, physically and mentally prepared. Because learning there really needs your best effort.
Those are best choices for best grad schools for business. Another useful material is http://mygeneralbusiness.com/check-business-name-availability-nationally/.