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Top 20 MBA Colleges in 2024

Top 20 MBA Colleges: GMAT Score, Fees, Salary & More

When it comes to pursuing an MBA degree, the choice of the right business school is pivotal in shaping one's academic and professional journey. The Best MBA colleges in world offer a transformative educational experience, combining rigorous coursework, experiential learning opportunities, and access to a diverse and accomplished faculty.

Students enrolled in these elite programs benefit from state-of-the-art facilities, cutting-edge research centers, and a vibrant campus environment that fosters innovation and collaboration. The top 10 MBA colleges in the world are not just educational institutions; they are hubs of intellectual growth and professional development.

Top MBA Colleges in World: A Snapshot

these MBA colleges boast a strong global reputation, attracting students from all corners of the world and facilitating cross-cultural interactions. The diverse student body at these top 10 MBA colleges in world allows for rich discussions and the exchange of ideas, preparing students to thrive in an increasingly interconnected and globalized business landscape.

MBA Colleges in world Program Duration Full-time MBA Tuition Fees Full-time MBA Average Salary Average GMAT
Harvard Business school  2 Year $115,683 $175,000 730
Stanford Business school  2 Year $79,860 $182,272 738
Wharton Business school 2 Year $124,476 $175,000 728
London Business School (LBS) 15-21 months £115,000 $112,000 700
Hec Paris Business School 16 Months £ 98,000 $115,827  690
INSEAD Business school 10 months €91,225 €99,850 710
Rotman School of management 2 Year CAD $101,560 CAD $112,897 678
Columbia school 2 Year  $84,496 $150,000 729
MIT Sloan school 2 year  $84,200  $165,000 730
Cornell University 2 year $79,910 $162,808 710
NYU Stern  2 Year $84,180 $168,182 669
Northwestern Kellogg Business school 2 year $78,276 $165,000 729
Darthmouth Tuck Business school 2 year $77,520 $175,000 726
Imperial College of Business 1 year £67,500 £68,441 690
Ivey Business school 12 months CAD 126,660 CAD 141,231 660
Boston Business school 12 month £37,500 $94,000 650
Warwick Business School 1 year $49,950 £98,226 650
Lancaster University Management School 1 year £39,000 $45,799 600
HEC Montreal Business School 1 year $59,100 $93,000 630
NUS Business School 17 months $94,830 $77,109 650

MBA Colleges In world : Top 10 MBA Programs in 2024

MBA or Masters in Business Administration is a prestigious program known for its reputation amongst recruiters. The program’s curriculum is designed to develop students’ knowledge and skills who want to make a career in business management.

The MBA program’s extensive curriculum prepares candidates for both financial and managerial positions. In addition, most b-schools are action-oriented, thus, preparing students for real-world professional needs.

Read along to know more about MBA programs and the best MBA colleges in world that provide the best MBA courses and later MBA degrees. We will not only talk about the best MBA colleges in world and provide you with all the necessary information related to the best MBA colleges abroad. This article will also provide the top 10 MBA colleges in World.

1. Harvard Business school 

HBS is renowned for its case method pedagogy, where students actively engage in case discussions. This approach fosters critical thinking, problem-solving skills, and lively classroom dynamics.The program emphasizes a global perspective, preparing students for leadership roles in the international business landscape.

Average GPA 3.7
Average Work-experience
2022-23
2 Year
Full-time MBA Fees
2024
$92,000
Average MBA Salary
2022
$175,000
Program Deadlines
2026
03 JAN 2024
Top Post-MBA Industries
2023
25% Consulting
4% Consumer Products
1%Entertainment / Media
35% Financial Services
5% Health Care
6% Manufacturing
5% Nonprofit / Government
1% Retail / Trading
2%Services
16%Technology
Application Fees $250

 

2. Stanford Business school 

Stanford Graduate School of Business offers a renowned MBA program known for its innovation, emphasis on social impact, and commitment to developing leaders who can address global challenges. Stanford GSB's MBA program features an innovative and flexible curriculum that allows students to tailor their education to their specific goals. The curriculum evolves to address emerging trends and challenges in the business world.

Average GPA 3.7
Average Work-experience
2022-23
5 years
Full-time MBA Fees
2024
$79,860
Average MBA Salary
2022
$182,272
Program Deadlines
2026
04 January 2024
09 April 2024
Top Post-MBA Industries
2022
Consulting 15%
Finance/Accounting 38%
technology 24%
Application Fees $275

3.Wharton Business School

The Wharton School at the University of Pennsylvania offers a prestigious MBA program known for its rigorous academic curriculum, emphasis on practical application, and a commitment to developing future business leaders.Wharton's MBA program features an integrated core curriculum that provides a solid foundation in business fundamentals. The program emphasizes the interconnectedness of various business disciplines.

Average GPA 3.6
Average Work-experience
2022-23
5 years
Full-time MBA Fees
2024
$87,370
Average MBA Salary
2022
$175,000
Program Deadlines
2026
 24 April, 2024
Top Post-MBA Industries
2022
Consulting 30%
Finance/Accounting 38%
FMCG/Retail/Luxury Goods/E-commerce 9%
Application Fees $275

 

4. London Business School (LBS)

best mba colleges in world

London Business School MBA program is renowned for its flexible and customizable curriculum, allowing students to tailor their education to their career goals. The school is considered one of the best MBA colleges in UK. Their full-time MBA program spans 15 to 21 months and is distinguished by its global focus, with a diverse student body and opportunities for international experiences. The course prepares graduates for leadership roles in the global business arena.

Average GPA 7.5
Average Work-experience
2022-23
5 years
Full-time MBA Fees
2024
£115,000
Average MBA Salary
2022
£90,789
Program Deadlines
2026
Friday 8 Sept, 2023
Wednesday 3 Jan, 2024
Monday 25 Mar, 2024
Top Post-MBA Industries
2022
Consulting 30%
Finance/Accounting 25%
FMCG/Retail/Luxury Goods/E-commerce 9%
Application Fees £200
Useful Links Alumni | London Business School
How to apply | MBA | London Business School

 

5. HEC Paris School 

HEC Paris offers a prestigious MBA program recognized for its academic excellence, diverse student body, and global perspective.HEC Paris takes pride in its diverse and multicultural student community, fostering a global perspective. The program is designed to prepare students for leadership roles in an international business environment.

Average GPA 3.0
Average Work-experience
2022-23
3 Year
Full-time MBA Fees
2024
CAD 82,500
Average MBA Salary
2022
USD 90,754 
Program Deadlines
2026
15 January 2024
15 May 2024
Top Post-MBA Industries
2022
NA
Application Fees $319.95

6. INSEAD Business School 

INSEAD's MBA program is distinguished by its strong international focus. The curriculum, faculty, and student body reflect a diversity of nationalities and cultural backgrounds, providing a truly global learning experience. This shorter duration allows students to re-enter the workforce quickly, making it an attractive option for those seeking a rapid return on investment.

Average GPA 3.0
Average Work-experience
2022-23
6 Year
Full-time MBA Fees
2024
€99,500
Average MBA Salary
2022
$110,100
Program Deadlines
2026
16 February 2024
05 April 2024
Top Post-MBA Industries
2022
NA
Application Fees £250

 

7.Rotman School of management

The Rotman School of Management at the University of Toronto offers a distinguished MBA program known for its integrative thinking, experiential learning, and commitment to innovation. Rotman's MBA program is distinctive for its emphasis on integrative thinking. Students are encouraged to approach business challenges holistically, integrating knowledge from various disciplines to develop well-rounded solutions.

Average GPA 3.7
Average Work-experience
2022-23
2 Year
Full-time MBA Fees
2024
$112,336
Average MBA Salary
2022
$175,000
Program Deadlines
2026
September 13, 2024
September 27, 2024
Top Post-MBA Industries
2022
Consulting 38%
Consumer Packaged Goods 8%
Financial Services 17%
Technology 24%
Application Fees $250

 

8.Columbia Business school

Columbia's MBA program features a rigorous core curriculum covering essential business disciplines. The core courses provide a strong foundation, ensuring that students develop a comprehensive understanding of key business concepts. The program offers flexibility through a wide range of elective courses, allowing students to tailor their MBA experience to align with specific career goals and interests. 

Average GPA 3.4
Average Work-experience
2022-23
5 years
Full-time MBA Fees
2024
$84,496
Average MBA Salary
2022
£90,789
Program Deadlines
2026

Wednesday 3 Jan, 2024
Monday 25 Mar, 2024
Top Post-MBA Industries
2022
Consulting 23%
Finance/Accounting 25%
FMCG/Retail/Luxury Goods/E-commerce 9%
Application Fees £175

 

9. MIT Sloan

The MIT Sloan School of Management offers a distinguished MBA program known for its emphasis on innovation, collaboration, and a commitment to addressing global challenges. MIT Sloan places a strong emphasis on action learning, where students engage in real-world projects and experiential opportunities. Programs like the Action Learning Labs and the Sloan Innovation Period provide hands-on experiences.

Average GPA 3.6
Average Work-experience
2022-23
5 years
Full-time MBA Fees
2024
$82,000
Average MBA Salary
2022
$165,000
Program Deadlines
2026
January 17, 2024
April 8, 2024
Top Post-MBA Industries
2022
Consulting 25.6%
Finance 29.5%
FMCG/Retail/Luxury Goods/E-commerce 9%
technology 20%
Application Fees $250.

 

10. Cornell University 

Cornell University's Johnson Graduate School of Management offers a distinguished MBA program known for its collaborative community, diverse learning environment, and emphasis on leadership development. The MBA program features a robust core curriculum that covers essential business disciplines. The core courses provide a solid foundation, ensuring that students gain a comprehensive understanding of key business concepts.

Average GPA 7.5
Average Work-experience
2022-23
5 years
Full-time MBA Fees
2024
£115,000
Average MBA Salary
2022
£90,789
Program Deadlines
2026
Friday 8 Sept, 2023
Wednesday 3 Jan, 2024
Monday 25 Mar, 2024
Top Post-MBA Industries
2022
Consulting 30%
Finance/Accounting 25%
FMCG/Retail/Luxury Goods/E-commerce 9%
Application Fees £200

 

11. NYU Stern School of Business 

NYU Stern School of Business is renowned for its MBA program, characterized by a strong emphasis on academic rigor, experiential learning, and a diverse, global community.Stern's MBA program features a comprehensive core curriculum that provides a solid foundation in business fundamentals. The core courses cover essential areas such as finance, marketing, strategy, and operations.

Average GPA 7.5
Average Work-experience
2022-23
5 years
Full-time MBA Fees
2024
£115,000
Average MBA Salary
2022
£90,789
Program Deadlines
2026
Friday 8 Sept, 2023
Wednesday 3 Jan, 2024
Monday 25 Mar, 2024
Top Post-MBA Industries
2022
Consulting 30%
Finance/Accounting 25%
FMCG/Retail/Luxury Goods/E-commerce 9%
Application Fees £200

12.Northwestern Kellogg Business school

Northwestern University's Kellogg School of Management is widely recognized for its MBA program, known for innovation, collaborative learning, and a global perspective. Kellogg's MBA program offers a global perspective, preparing students for leadership roles in an increasingly interconnected world.The curriculum is designed to be dynamic and innovative, with a focus on experiential learning. 

Average GPA 3.7
Average Work-experience
2022-23
2 Year
Full-time MBA Fees
2024
$112,336
Average MBA Salary
2022
$175,000
Program Deadlines
2026
September 13, 2024
September 27, 2024
Top Post-MBA Industries
2022
Consulting 38%
Consumer Packaged Goods 8%
Financial Services 17%
Technology 24%
Application Fees $189

13.Darthmouth Tuck Business school

The Tuck School of Business at Dartmouth College is renowned for its MBA program, known for its close-knit community, emphasis on collaboration, and commitment to experiential learning. Tuck emphasizes a global perspective in its curriculum. The program offers global experiential learning opportunities, study abroad programs, and international consulting projects, ensuring exposure to diverse business environments.

Average GPA 3.4
Average Work-experience
2022-23
3 Year
Full-time MBA Fees
2024
$89,000
Average MBA Salary
2022
$113,000
Program Deadlines
2026
September 13, 2024
September 27, 2024
Top Post-MBA Industries
2022
NA
Application Fees $250

14. Imperial College of business 

Imperial College Business School, located in London, offers a prestigious MBA program renowned for its academic excellence and global perspective. The program focuses on developing leadership and management skills through a comprehensive and innovative curriculum. Imperial College London's global reputation adds to the program's international prestige.

Average GPA 3.4
Average Work-experience
2022-23
5 Year
Full-time MBA Fees
2024
£67,500
Average MBA Salary
2022
£120,000
Program Deadlines
2026
18 March, 2024
07 May, 2024
Top Post-MBA Industries
2022
NA
Application Fees £100

 

15. IVEY Business school 

Ivey Business School, situated at Western University in Canada, offers a prestigious MBA program known for its case method approach and commitment to developing effective business leaders. The program focuses on developing leadership skills, emphasizing a collaborative and team-based learning environment. Ivey aims to produce graduates who can lead with impact.

Average GPA 3.0
Average Work-experience
2022-23
10 Year
Full-time MBA Fees
2024
$126,600
Average MBA Salary
2022
$124,992
Program Deadlines
2026
January 29, 2024
April 15, 2024
 July 8, 2024
Top Post-MBA Industries
2022
Financial Services 21%
Consulting 17%
Energy/Resources 8%
Technology 7%
Entertainment 6%
Healthcare 6%
Consumer Products 5%
Manufacturing 5%
Application Fees $150

 

 

16. Boston university 

best mba colleges in world

Boston University Questrom School of Business offers a dynamic and well-regarded MBA program. The Questrom MBA program features an integrated curriculum that combines a strong foundation in business fundamentals with a focus on experiential learning. Students gain a holistic understanding of business challenges and opportunities.

Average GPA 2.7
Average Work-experience
2022-23
2 Year
Full-time MBA Fees
2024
 $31,899
Average MBA Salary
2022
$118,696
Program Deadlines
2026
NA
Top Post-MBA Industries
2022
NA
Application Fees $80

 

17. Warvick Business School 

best mba colleges in world

 

 The Warwick MBA covers various business aspects, including finance, marketing, strategy, and entrepreneurship. The program often emphasizes real-world application through case studies and practical projects.

 the official Warwick Business School website or contact their admissions office directly for the most up-to-date and accurate information regarding the MBA program, admission criteria, and application process.

Average GPA 3.5
Average Work-experience
2022-23
8 Year
Full-time MBA Fees
2024
$49,950
Average MBA Salary
2022
$98,226
Program Deadlines
2026
19 May 2024
Top Post-MBA Industries
2022
NA
Application Fees £80

 

18.HEC Montreal Business School

best mba colleges in world

HEC Montreal Business School offers a comprehensive MBA program aimed at providing students with a strong foundation in business and leadership skills. The curriculum covers various business disciplines, including finance, marketing, strategy, and entrepreneurship. Students have the flexibility to choose specializations based on their career goals.

Average GPA 3.0
Average Work-experience
2022-23
3 Year
Full-time MBA Fees
2024
CAD 82,500
Average MBA Salary
2022
USD 90,754 
Program Deadlines
2026
15 January 2024
15 May 2024
Top Post-MBA Industries
2022
NA
Application Fees $319.95

 

Conclusion

Undoubtedly, the United States holds the title of the world leader in terms of business school rankings. Although, multiple school global MBA ranking may vary depending upon the factors taken into account. However, the chances of getting wrong with the given list of b-schools or top MBA colleges in abroad are very less.

What are the criteria for ranking the top 10 MBA colleges in the world?

The criteria for ranking the top 10 MBA colleges in the world vary but generally include factors like reputation, academic excellence, faculty qualifications, student selectivity, alumni network, and career outcomes. These rankings are often based on extensive research, surveys, and evaluations by experts in the field of education.

What is the acceptance rate for Indian students at the top 10 MBA colleges in the world?

The acceptance rate for Indian students at the top 10 MBA colleges in the world can vary significantly. While it's challenging to provide an exact acceptance rate, it's important to note that these schools often seek a diverse student body and welcome applications from talented Indian candidates. Admissions decisions are based on a holistic review of an applicant's profile, including academic achievements, work experience, leadership potential, and personal qualities.

Are there any scholarships available specifically for Indian students at these top MBA colleges?

Many top MBA colleges offer scholarships specifically for Indian students. These scholarships aim to attract and support exceptional Indian talent. The availability and criteria of these scholarships may vary from institution to institution. Indian students are encouraged to explore the scholarship opportunities offered by each college they are interested in and check the eligibility requirements, application deadlines, and selection criteria.

Can I get admission into a top 10 MBA college with a non-business undergraduate degree?

Yes, it is possible to get admission into a top 10 MBA college with a non-business undergraduate degree. While some business schools prefer candidates with a background in business or related fields, they also value diverse perspectives and skill sets. Admissions committees assess applicants based on their overall profile, including academic performance, work experience, leadership potential, and personal qualities. It is essential to showcase transferable skills, highlight relevant experiences, and demonstrate a strong motivation for pursuing an MBA despite the non-business background.

What is the average GMAT score required for admission to the top 10 MBA colleges in the world?

The average GMAT score required for admission to the top 10 MBA colleges in the world can vary depending on the school and the competitiveness of the applicant pool. These schools often look for strong quantitative and verbal reasoning skills, which are assessed through the GMAT. While there is no fixed cutoff, competitive GMAT scores typically range from 700 to 750 or higher. However, it's important to note that admissions decisions are not solely based on GMAT scores, but also consider other aspects of an applicant's profile, including work experience, academic achievements, and personal qualities.

Know Your Author
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Abhyank Srinet
Study Abroad Expert
Abhyank Srinet, the founder of MiM-Essay.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
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