Do you want to study management and business in the US? There is no shortage of excellent business schools in the US; according to QS’s most recent ranking of the top 200 colleges worldwide for business and management, there are 43 US entries. For a summary of the top 10 business schools in the US, continue reading.
1. Harvard University
In the business and management ranking this year, Harvard University surpassed the London Business School of the United Kingdom to take the top spot. The university is currently placed third globally in the QS World University Rankings® 2016–2017. Harvard Business Publishing, the publisher of the renowned Harvard Business Review magazine, is owned by Harvard Business School (HBS), which was established in 1908. Just over 2,000 students are enrolled in its doctorate and MBA programs.
2. Stanford University
With just about a 7% acceptance rate, Stanford University, which is ranked fourth in the world for business and management, has one of the most prestigious business schools in the United States. Stanford is a renowned university that has produced an astounding number of successful business executives and entrepreneurs from its alumni. Stanford is situated in the center of Silicon Valley, California, which is home to numerous well-known high-tech firms and start-ups.
3. University of Pennsylvania
In terms of business and management, the University of Pennsylvania is ranked fifth in the world. Established in 1881 by a grant from businessman Joseph Wharton, the University of Pennsylvania’s Wharton School is the oldest business school in the United States. It boasts 94,000 alumni globally, including CEOs from Apple and Google, and about 5,000 students.
4. Massachusetts Institute of Technology
In the business and management category, Massachusetts Institute of Technology (MIT), which leads the whole QS World University Rankings, is ranked sixth. With about 1,600 students enrolled, its Sloan School of Management upholds the university motto “mens et manus,” or mind and hand, which highlights the necessity of coming up with workable answers to challenges that arise in everyday life.
5. University of California, Berkeley
The University of California, Berkeley (UCB), which is ranked 12th in the world for business and management, is the next best US university in this field. With 2,200 undergraduate and graduate students, its Haas School of Business, named for former chairman and president of Levi Strauss & Co. Walter A. Haas, is the second-oldest business school in the United States, having been established in 1898.
6. Yale University
The Yale School of Management at Yale University moved up 10 spots to take 16th place among the best business schools in the world in 2016. It only has about 668 enrolled students as at the time of its founding in 1976. The school will launch the first-ever one-year master of management studies program in systemic risk for the 2017–2018 academic year.
7. University of California, Los Angeles
Returning to California, the Anderson School of Management at the University of California, Los Angeles (UCLA) saw an improvement in its ranking this year, moving up five spots to the 17th spot for business and management. The school’s code of ethics is based on the idea that we should “drive change, think fearlessly, and share success with others.” It was founded in 1935 and currently has about 37,000 alumni globally.
8. New York University (NYU)
One of the oldest and most prominent business schools in the United States is New York University’s Stern School of Business, which is ranked joint 19th in the world for business and management. Originally named the School of Commerce, Accounts and Finance, it was renamed in 1988 in honor of philanthropist and alumni Leonard N. Stern. The school is housed on the university’s Greenwich Village campus in New York City. It was founded in 1900.
9. University of Chicago
The University of Chicago’s Booth School of Business, which ranks jointly 19th among the best business schools in the world with NYU, was the first in the US to offer both an executive MBA program (1943) and a doctorate in management (1920). There are about 49,000 former students from Booth scattered all over the globe, and seven faculty members have received Nobel Prizes.