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Best MBA Colleges in World: Top 20 MBA Colleges Abroad 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

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.

Top Colleges QS Rank FT Rank
Stanford Graduate School of Business 1 23
Penn (Wharton) 2 1
Harvard Business School 3 11
London Business School 4 8
HEC Paris 5 12
MIT (Sloan) 6 6
Columbia Business School 7 3
IE Business School 8 20
Cambridge (Judge) 9 29
IESE Business School 9 5
INSEAD 11 2
Northwestern (Kellogg) 12 6
UC Berkeley (Haas) 13 19
Chicago (Booth) 14 10
UCLA (Anderson) 15 18
Yale School of Management 16 15
NYU (Stern) 17 21
Oxford (Said) 18 26
Esade Business School 19 17
Imperial College Business School 20 39

An In-Depth Review of 2024’s Top 20 MBA Programs

The Master of Business Administration (MBA) is a highly esteemed degree, renowned for its significant value among recruiters and business leaders worldwide. This program is meticulously designed to broaden the knowledge and enhance the skills of individuals aspiring to excel in business management.

An MBA curriculum is comprehensive, equipping candidates with the tools necessary for high-level financial and managerial roles. Business schools focus on an action-oriented approach, effectively preparing students for the challenges of the professional world with practical, real-life applications.

This article highlights the world's premier MBA colleges, offering top-tier courses that lead to prestigious MBA degrees. Explore our curated list of the top 10 MBA colleges globally, and gain essential insights into the best MBA institutions abroad, ensuring you are well-informed to make the right educational choices for your career.

1. Stanford Business school 

stanford logo

Stanford Graduate School of Business, located in the heart of Silicon Valley, is renowned for its innovative approach to business education and its commitment to developing leaders who can drive positive change in the world.  It offers a transformative MBA experience that prepares students to tackle complex global challenges and make a meaningful impact in their chosen fields.

Average GPA 3.7
Work-experience

5 years
Full-time MBA Fees

$126,465
MBA Salary

$182,272
Top Post-MBA Industries


Investment(19%)
Consulting(17%)
technology(13%)
Application Fees $275 
Useful Link  https://www.gsb.stanford.edu/programs/mba


https://extlogin.stanford.edu/signin.html

2.Wharton Business School

wharton logo

The Wharton MBA program at the University of Pennsylvania offers a transformative educational experience designed to cultivate strategic thinking and leadership skills. With a diverse faculty renowned in their fields and a comprehensive curriculum, Wharton provides a unique learning environment. Students benefit from a vibrant network of peers, professional advisors, and global opportunities, making each MBA journey at Wharton distinctive and enriching. 

Average GPA 3.6
Work-experience

5 years
Full-time MBA Fees

$84,830
MBA Salary

$245,772
Top Post-MBA Industries

Consulting: 28.8%
Financial services: 37.3%
Investment Banking/Brokerage: 14.2%
Application Fees  $275
Useful Link 
https://mba.wharton.upenn.edu/
https://mba.wharton.upenn.edu/tuition-financial-aid/

 

3. Harvard Business School

 

Harvard University School of Business MBA program melds strategic thinking, innovative problem-solving, and ethical decision-making within a dynamic learning environment that bridges theory and practical application. Offering concentrations in Finance, Marketing, Entrepreneurship, and International Business, the Harvard MBA prepares students to excel in diverse professional arenas. The collaborative and culturally rich student body, the program not only enhances professional capabilities but also instils a commitment to making a significant social impact. 

Average GPA 3.7
Work-experience

4-5 years
Full-time MBA Fees

$152,820
MBA Salary

$246,509
Top Post-MBA Industries

PE/VC(14%)
Consulting(27%)
technology(12%)
Application Fees $275
Useful Link 

https://www.hbs.edu/mba/Pages/default.aspx

https://www.exed.hbs.edu/admissions/requirements

 

 

4. London Business School (LBS)

lbs logo

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 3.5
Work-experience

6 years
Full-time MBA Fees

$84,830
MBA Salary

$192,331
Top Post-MBA Industries

Consulting: 40%
Finance: 26%
Technology: 20%
Application Fees $249
Useful Link 

https://www.london.edu/masters-degrees/one-year-mba

https://www.london.edu/masters-degrees/mba/apply

5. HEC Paris School 

hec paris logo

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 prepares students for leadership roles in an international business environment.

Average GPA 3
Work-experience

6 years
Full-time MBA Fees

$ 57,180 
MBA Salary

$175,673
Top Post-MBA Industries

Consulting: 25%
Technology: 23%
Finance: 15%
Application Fees $224 
Useful Link 


https://www.hec.edu/en/mba-programs/mba/learning-experience

https://www.hec.edu/en/mba-programs/mba/admissions

 

6. MIT Sloan

The MIT Sloan School of Management offers a distinguished MBA program for emphasising innovation, collaboration, and a commitment to addressing global challenges. MIT Sloan also strongly emphasizes 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
Work-experience

5 years
Full-time MBA Fees

$1,73,100
MBA Salary

$229,639
Top Post-MBA Industries

Consulting: 31.1%
Technology: 27.6%
Finance: 18.5%
Application Fees $250 
Useful Link  https://mitsloan.mit.edu/mba/explore-program

https://mitsloan.mit.edu/mba/admissions

7. 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 3.0
Work-experience

5
Full-time MBA Fees

$1,68,900
MBA Salary

$232,760
Top Post-MBA Industries

Financial Services - 51%
Technology, Telecom & Internet - 22%
Consulting, Professional Services - 18%
Application Fees $250
Useful Link 
https://business.columbia.edu/

https://academics.business.columbia.edu/mba/admissions/application-requirements

 8.IE Business School

IE Business School is a leading institution in business education, committed to promoting entrepreneurship, diverse viewpoints, and hands-on learning. They empower individuals to challenge norms, push boundaries, and drive innovation in a continuously evolving world. By leveraging the power of knowledge, collaboration, and innovation, IE is shaping a future that is only limited by our imagination.

Average GPA 3.6
Work-experience

5
Full-time MBA Fees

$ 91,457.09
MBA Salary

$172,982
Top Post-MBA Industries

Technology - 27%
.Financial Services - 20% 
Consulting - 15% o
Application Fees $ 134.18
Useful Link  https://www.ie.edu/business-school/apply

https://www.ie.edu/business-school/programs/mba/international-mba/

9.Cambridge

Located within the historic University of Cambridge, Judge Business School is known for its rigorous academic programs and innovative research. With a focus on entrepreneurship, sustainability, and social innovation, Judge equips its students with the skills and knowledge to tackle complex business challenges and drive positive change.

Average GPA  3.5
Work-experience

6 years 
Full-time MBA Fees

$ 86,071.29
MBA Salary

$176,786

Top Post-MBA Industries

Consulting: 29% 
Finance: 30%
Technology: 10% 
Application Fees $205.79 
Useful Link 

https://www.jbs.cam.ac.uk/masters-degrees/mba/apply/


https://www.jbs.cam.ac.uk/masters-degrees/mba/


10. IESE Business School

Based in Barcelona, Spain, IESE Business School is renowned for its emphasis on ethical leadership and social responsibility. With a focus on personal development and a global perspective, IESE prepares its students to lead with integrity and make a positive impact in the business world.

Average GPA 3.6 
Work-experience

5.4 years
Full-time MBA Fees

$ 1,06,741.11 
MBA Salary

$186,339
Top Post-MBA Industries

Consulting: 33% 
Finance: 21% 
Diversified Industries: 28% 

Application Fees $ 214.55
Useful Link  https://www.iese.edu/mba-programs/

https://iese.embark.com/login/apply?target=mba-2026


11. INSEAD

With campuses in Europe (France), Asia (Singapore), and the Middle East (Abu Dhabi), INSEAD is a leading global business school known for its diverse and multicultural environment. With a focus on entrepreneurship, innovation, and global perspective, INSEAD prepares its students to become transformative leaders in an interconnected world.

Average GPA 3.5
Work-experience

5 years
Full-time MBA Fees

$ 111,033
MBA Salary

$198,904
Top Post-MBA Industries


Consulting: 48%
Financial Services: 14% 
Technology, Media, and Telecommunications (TMT): 23% 
Application Fees $298
Useful Link  https://www.insead.edu/master-programmes/master-business-administration/curriculum


https://www.insead.edu/master-programmes/master-business-administration/admissions


12.Northwestern (Kellogg)

Situated in Evanston, Illinois, Northwestern University Kellogg School of Management is renowned for its emphasis on teamwork, leadership, and experiential learning. With a global network of alumni and a commitment to innovation, Kellogg equips its students with the skills and mindset to succeed in a rapidly evolving business landscape.

Average GPA 3.7
Work-experience

More than 2 years
Full-time MBA Fees

$ 162 030 
MBA Salary

$216,134
Top Post-MBA Industries


Consulting: 42% 
Financial Services: 22% 
Technology: 17% 
Application Fees  $250
Useful Link 
https://www.kellogg.northwestern.edu/programs/full-time-mba.aspx

https://admissions.kellogg.northwestern.edu/apply/


13.UC Berkley(Hass)

UC Berkeley Haas School of Business is known for its innovative curriculum and collaborative culture. With a focus on entrepreneurship, diversity, and sustainability, Haas prepares its students to drive positive change in the global business community.

Average GPA 3.65
Work-experience

5.4 years
Full-time MBA Fees

$163,782
MBA Salary

$218,992
Top Post-MBA Industries

Technology: 29.8% 
Consulting: 27.6% 
Financial Services: 14.5% 

Application Fees $200
Useful Link  https://mba.haas.berkeley.edu/academics


https://mba.haas.berkeley.edu/admissions/application


14.Chicago(Booth)

Renowned for its rigorous analytical approach and groundbreaking research, Chicago Booth School of Business is located in the vibrant city of Chicago. With a legacy of academic excellence and a commitment to fostering intellectual curiosity, Booth prepares its students to become leaders in both business and academia.

Average GPA 3.54
Work-experience

3 years 
Full-time MBA Fees

$161,922
MBA Salary

$228,901
Top Post-MBA Industries

Consulting 38.6% 
Financial Services 32.6% 
Technology:15.5% 
Application Fees $250
Useful Link  https://www.chicagobooth.edu/mba/full-time


https://www.chicagobooth.edu/admissions/apply


15.UCLA Andearson

Situated in Los Angeles, UCLA Anderson School of Management is known for its vibrant community and entrepreneurial spirit. With a focus on innovation, leadership, and global impact, Anderson provides students with the tools and resources to thrive in a diverse and dynamic business landscape.

Average GPA 3.3
Work-experience

4-5 years
Full-time MBA Fees

$ 243,182
MBA Salary

$196,204
Top Post-MBA Industries

Technology: 25.4% 
Consulting: 27.7% o
Financial Services: 13.3%
Application Fees $ 200
Useful Link  https://www.anderson.ucla.edu/degrees/full-time-mba


https://apply.anderson.ucla.edu/apply/


16.Yale School of Management

Yale School of Management, nestled within the Ivy League institution of Yale University, stands out for its commitment to educating leaders for business and society. With a focus on purpose-driven leadership and collaboration, Yale SOM equips its students with the skills and mindset needed to address complex challenges.

Average GPA 3.66
Work-experience

5 years
Full-time MBA Fees

$216,840
MBA Salary

$199,746
Top Post-MBA Industries

Consulting Services: 47.5% 
Finance/Accounting: Around 24.0% 
Marketing/Sales: Approximately 8.8%
Application Fees $250
Useful Link  https://som.yale.edu/programs/emba/admissions/application-information

https://som.yale.edu/programs/emba/curriculum


17.NYU(Stern)

Positioned in the heart of New York City, NYU Stern School of Business offers a dynamic and immersive learning experience. Renowned for its global perspective and emphasis on experiential learning, Stern prepares students to excel in the fast-paced world of business.

Average GPA 3.62
Work-experience

5 years
Full-time MBA Fees

$123,253
MBA Salary

$205,262
Top Post-MBA Industries

Consulting: 28.8% 
Financial Services: 38.1% 
Technology/Telecommunications: 11.6% 
Application Fees $250
Useful Link 

https://www.stern.nyu.edu/programs-admissions/mba-programs

https://www.stern.nyu.edu/programs-admissions/mba-programs/admissions

https://www.mim-essay.com/nyu-stern-mba


18.Oxford (Said)

As part of the prestigious University of Oxford, Saïd Business School is known for its rigorous academic programs and interdisciplinary approach to business education. Located in the historic city of Oxford, the school provides students with a rich learning environment and ample opportunities for intellectual exploration.

Average GPA  
Work-experience

2 years
Full-time MBA Fees

 $ 97,958.50
MBA Salary

$175,338
Top Post-MBA Industries

Consulting: 31.90% 
Finance: 26.70% 
Technology: 20.70% 
Application Fees $ 187.17 
Useful Link  https://www.sbs.ox.ac.uk/programmes/mbas/oxford-mba

https://www.mim-essay.com/oxford-mba

 
19.ESADE Business School

ESADE Business School, situated in Barcelona, Spain, is recognized for its commitment to academic excellence and social responsibility. With a focus on innovation and sustainable business practices, ESADE prepares its students to become leaders who can drive positive change in the world

Average GPA 3.15
Work-experience

Min. 2 years 
Full-time MBA Fees

$ 83,146.65
MBA Salary

$182,414
Top Post-MBA Industries

Technology, Media, and Telecommunications (TMT): 32% 
Consulting: 31.9% 
Finance: 26.7% 
Application Fees $ 144.85
Useful Link 

https://www.esade.edu/mba/en/programmes/full-time-mba

https://esade.my.site.com/TX_SiteLogin

https://www.mim-essay.com/esade-mba


20.Imperial college of business 

Located in London, Imperial College Business School is renowned for its innovative approach to business education, integrating science, technology, and entrepreneurship into its curriculum. It offers a diverse range of programs tailored to meet the demands of a rapidly evolving global marketplace.

Average GPA 3.25
Work-experience

Min. 3 years 
Full-time MBA Fees

$ 84,283.20 
MBA Salary

$160,688
Top Post-MBA Industries

Consulting,
Finance,
Technology
Application Fees $ 187.27
Useful Link 

https://www.imperial.ac.uk/business-school/mba/full-time-mba/

https://www.imperial.ac.uk/study/fees-and-funding/tuition-fees/payment-terms/postgraduate-application-deposits/

https://www.mim-essay.com/imperial-mba

 

Other notable mentions

School Average GMAT LINK
1. University of Southern California 708 https://www.mim-essay.com/ucla-mba
2. IE Business School  680 https://www.mim-essay.com/ie-mba
3. Shanghai University of Finance and Economics 720 https://english.sufe.edu.cn/2955/list.htm
4. University of Cambridge 690 https://www.mim-essay.com/cambridge-mba
5. National University of Singapore Business School  670 https://www.mim-essay.com/nus-mba-review

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.

If you want to increase your admission chances by 300% into top B-Schools, then book a free Consulting session today.

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
Photo of Abhyank
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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