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Top 10 Universities for Master's in Business Administration in USA

Having a business degree is an asset regardless of your field of specialization. There are several universities and courses to pick from, which can be quite an ordeal for prospective students. Getting an MBA from a globally-recognized top university in the US is a wise career move that is bound to secure your future. In this article, you can find everything you need to know about the most sought-after MBA programs in the US. We have listed the top 10 universities for Master's in Business Administration in the world that are located in the United States of America (USA). You can also find information about the full-time MBA programs that they offer.

1. Stanford University

Ranked as one of the world's top universities, Stanford University is where the cream of the society goes to school. Located in California which is on the west coast, the university lies in close proximity to the world-famous Silicon Valley. Officially called the Leland Stanford Junior University, the school has a long and prestigious history. The Stanford faculty comprises of some of the best authorities in their fields including world-renowned Nobel laureates. It is also the alma mater of the erstwhile President Herbert Hoover.

Stanford Business School

According to data from Forbes magazine, Stanford University produces one of the largest numbers of billionaires. In fact, studies have shown that Stanford alumni generate trillions in revenue each year and have created 5.4 million jobs since 1930. Stanford University is the perfect place for you to pursue your MBA.

MSx and MBA Program Details

Depending on your background and requirements, there are two courses that Stanford university currently provides.

MSx Program : Stanford MSx is a full-time, 1-year master’s program for experienced professionals. Students of the Stanford MSx have an average of 12.9 years of work experience. The course focuses on building entrepreneurship and leadership skills. Please note that this degree is a Master of Science in Management and not an MBA.

MBA Program : One the other hand, the Stanford MBA program is a “transformational degree program” that gives you the best in business education. Stanford MBA is a full-time 2-year general management program which does not necessitate work experience as a prerequisite. That being said, the average professional work experience of Stanford MBA students is 4.6 years.

Application periods for both programs

  • November for Restrictive Early Action
  • January for Regular Decision
  • March for Transfer Admission

2. Harvard University

One of the oldest universities in the United States, Harvard University, has a prestigious history. Harvard alumni include 8 US presidents, 188 billionaires and founders of several global companies. This Ivy league research university is located in Cambridge, Massachusetts, on the west coast of the US and home to the world’s most extensive academic library.

Harvard Business School

Harvard Business School offers an array of programs and research projects that prepare you for complex leadership challenges.

Harvard Business School MBA

The MBA program offered by Harvard business school is a full-time, 2-year program with a focus on practical aspects of management. Teaching involves role-playing with case studies and making difficult decisions under challenging circumstances. The course is designed to produce world-class leaders.

Application periods for international students are as follows

  • There is only one deadline for 2+2 applications : June

3. Penn - The Wharton School of the University of Pennsylvania

Officially called the Wharton School of the University of Pennsylvania, this Ivy League university is located in Philadelphia, Pennsylvania. Established in 1881, Wharton is the world's first collegiate school of business. Wharton Alumni include some world-famous business entrepreneurs and financial tycoons like SpaceX founder Elon Musk and business magnate Warren Buffett. According to Forbes magazine, Wharton's MBA program is the best in the country.

The Wharton MBA Program

The Wharton MBA is a two-year program which offers diverse courses to choose from. The official university website emphasizes the value of networking with industry giants, an added benefit that is exclusive to Wharton students.

Application periods for international students are as follows

  • September (recommended for international students) for Round 1
  • January (recommended for international students) for Round 2
  • April for Round 3

4. MIT - Massachusetts Institute of Technology

The Massachusetts Institute of Technology is a research university located in Cambridge, Massachusetts. The school is globally renowned for its academic excellence and contribution to technological innovation. MIT has a robust culture of entrepreneurship across its five colleges and 30 departments. Every discipline aims to tackle current global challenges and answer fundamental questions. From academically rigorous humanities degrees to technically demanding programs and interdisciplinary courses, MIT offers top-notch education. All students are trained to translate their knowledge into creating practical solutions.

MIT Sloan

MIT Sloan is the business school of MIT, and it offers various business degrees at the bachelor's, masters and doctorate levels. Inspired by the slogan "The world is y(our) incubator", the program prepares you to raise a successful company from scratch or bringing new life to an existing organization. In other words, they train you to change the world for the better. From the 2019-20 batch of students, 95.7% graduated with job offers.

MIT MBA Program

The 2-year, full-time MBA program focuses on experiential learning. Throughout the curriculum, students are given opportunities to tackle difficult situations hands-on. For this, MIT Sloan has dedicated Action learning labs and independent activity periods that encourage creativity and innovation.

Application periods for international students are as follows

  • October For Round 1
  • January for Round 2
  • April for Round 3

5. Chicago University

The University of Chicago is a research university spanning over a 217-acre campus located in Illinois. It falls among the top 10 universities in various international rankings. Founded in 1890, the university is renowned for its rigorous scholarship and diverse student community. The University of Chicago also has campuses in different parts of the world, including Delhi, London, Hong Kong, Beijing and Paris. Over the years, the university has been home to 100 Nobel laureates as students, alumni, staff, or faculty.

Booth School of Business

Booth School of Business is the management school of the university that has produced more Nobel laureates in the Economic sciences than any other business schools in the world. The school was founded in 1898 on the university principle of "scientific guidance and investigation of great economic and social matters of everyday importance." So far, The University of Chicago has produced 16 graduates who went on to become billionaires and bring about revolutionary changes in the world.

Full-time MBA

The university offers a very flexible MBA program. As a Booth student, you spend your days building both your academic and professional backgrounds. The course lasts for 21 months with 3-4 courses every quarter. The classes are culturally diverse with international students making up 31% the 2021 batch.

Application periods for international students are as follows

  • September for Round 1
  • January for Round 2
  • April for Round 3

6. Columbia University

Yet another Ivy League university, Columbia University in the City of New York is one of the oldest higher education institutes in the country. Some of the university's alumni and affiliates include the founding fathers of the United States as well as authors of the Constitution and Declaration of Independence. With an acceptance rate of 6.1% in 2020, their acceptance rate for graduate courses is one of the most selective in the US.

Full-Time MBA Program

The 2-year MBA program is a full-time commitment. Students are encouraged to put their theoretical knowledge into practice. Faculty is comprised of renowned researchers as well as experts from the industry. The university website says that more business leaders visit the university campus than any other top business schools.

Application periods for international students are as follows

  • August
  • January

7. UCLA - The University of California

The University of California is located in Los Angeles and is a public research university. It is one of the few public ivy universities in the country. A pioneer in innovation and perseverance, the university has more Olympic medals than most nations. Since its inception in 1919, the university has maintained world-class standards when it comes to education and research. It is no surprise that The University of California is the most applied-to university in the USA.

Anderson Business School

UCLA Anderson is the business school of the university. The campus is close to tech giants in Silicon Valley and large global companies like Snap, Hulu, and Disney. Los Angeles is an important location for banking and consulting firms and has a serious business culture that plays to the advantage of business students.

MBA Program

UCLA Anderson offers a full-time MBA program that spans over two years. The course provides you with a powerful set of tools to help you build your future. The MBA curriculum is experiential and flexible, with a real-world master's thesis. Recruiters from top companies, including Google and Goldman Sachs, hire the MBA graduates.

Application periods for international students are as follows

  • October for Round 1
  • January for Round 2
  • April for Round 3

8. Northwestern University

Northwestern University is a large research university located in Illinois, USA. It is a private research university. University faculty and alumni include famous Nobel prize winners and recipients of the Pulitzer Prize. The university has a culturally diverse student body with people from over 75 countries. Admissions for graduate programs are very selective, with an average acceptance rate of 8.5%.

Kellogg School of Management

The university is known for its business school- the Kellogg School of Management located in the Chicago Metropolitan Area, Illinois. Established in 1908, the global business school creates a unique learning environment that is a blend of rigorous academic practice and dynamic research.

MBA Program

Kellogg's MBA program is ranked third-best in the country. The full-time degree program takes two years to complete. The course is flexible and provides you with broad skill-set with which you can explore different avenues. It is an immersive MBA experience where you can customize your area of specialization, be it management, accounting, economics or finance. The full-time MBA curriculum helps you achieve your educational, professional, and personal ambitions.

Application periods for international students are as follows

  • September for Round 1
  • January for Round 2
  • April for Round 3

9. MSU - Michigan State University

Michigan State University is located in East Lansing, Michigan. MSU is a public research university that was established in 1855 as a school for agricultural studies. Today, the university offers programs in a variety of disciplines for graduate, undergraduate and doctorate students.

Ross School of Business

Officially called the Stephen M. Ross School of Business, the business school is ranked as one of the best in the world. Founded in 1924 as a school for Business Administration, the university has notable alumni in various disciplines including venture capitalists, real estate giants, industrialists, and entrepreneurs.

MBA Program

The traditional 2-year MBA program prepares students for real-life situations in the dynamic business environment. The acceptance rate for applicants is 35.9%. The course curriculum for the full-time MBA is both rigorous and demanding.

Application periods for international students are as follows

  • September for Round 1
  • January for Round 2
  • March for Round 3

10. Yale University

Founded in 1701, Yale University is one of the oldest institutions of higher education in the country. The campus is located in New Haven, Connecticut. Initially, the university focussed on theology and related subjects but now has 14 constituent schools dealing with different disciplines. Yale is an ivy league university with a prestigious history and is globally renowned for wealth and academic achievements.

Yale School of Management

The Yale School of Management (SOM) offers several postgraduate degrees including the full-time MBA, MBA for executives with considerable professional experience, global leadership program and Master of Advanced Management. The school has an integrated curriculum with a cross-disciplinary approach to teaching.

Yale MBA

The 2-year full-time Yale MBA program has a global study component where you get to learn from students from business schools around the world to enhance your cultural awareness and improve your knowledge base. The curriculum trains you to lead organizations and manage teams using case studies that simulate challenges in the real-world.

Application periods for international students are as follows

  • September for Round 1
  • January for Round 2
  • April for Round 3

Conclusion

This comprehensive list of top 10 universities outlines the best Master of Business Administration programs in the USA and categorically provides all the pertinent details of courses offered by respective universities.

Seersha Nambiar

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