Are you considering studying business and management? Here are the top 5 ranked business schools worldwide. These schools are incredibly prestigious, and it will require a lot of hard work to be accepted.
5. Stanford Graduate School of Business
Located in Stanford California, Stanford University’s business school was ranked as the fifth best business school in 2021 by QS. With a 6% acceptance rate, this is one of the most selective universities. GSB delivers business and management education through various programs designed to support the next generation of world leaders. Executive education programs offer courses that will develop your leadership skills, and connect you with peers worldwide. Notable alumni include Phil Knight, John F. Kenedy, and Steve Ballmer.
4. MIT Sloan School of Management
Sloan is the business school of Massachusetts Institute of Technology. This school is situated in Cambridge, Massachusetts. Sloan School of Management was founded in 1914, and currently has an acceptance rate of 11.5%. Rather than iterating a widget, or discussing management abstractly, Sloan is attempting to tackle global problems with the most intelligent minds. At this school students are able to explore the future of work through business and technology. The school’s wish is to develop leaders with the ability to change the world.
3. London Business School
London Business School is located in a wonderful location, near the center of London. It was founded in 1964 as a part of the University of London. The acceptance rate is roughly 30%, in spite of the school constantly being recognized as one of the top 5 business schools worldwide. LBS has “academic strength and global outlook drives original and provocative business thinking” as well as being a school wishing to challenge conventional ideas. LBS is also known to emphasize cultural diversity, and tackling problems from various perspectives.
INSEAD is a private university with locations all around the globe, the most famous being in Fontainebleau, France. INSEAD was founded in 1957, and stands for Institut Européen d’Administration des Affaires. The acceptance rate is 31% from 4000 applications. INSEAD provides students with access to professional development resources, such as job boards or practice guidance for interview success. This school has one of the most prestigious programs in Europe, which is apparent as it is constantly included in the top 3 business schools worldwide. INSEAD has a history of producing top managers and CEOs due to their excellent programs.
1. Harvard Business School
Harvard Business School can be found in Boston Massachusetts and is arguably the world’s best business school. With an acceptance rate of 12% from 1859 in 2016, HBS is very reputable. HBS offers a full MBA (Master of Business Administration) program, as well as executive programs, and various doctoral related programs. HBS introduced an interactive case method in 1925, teaching students critical thinking, communication, leadership, and how to work with various group dynamics. HBS’ notable alumni include Ratan Tata, Stephen A. Schwarzman, and George W. Bush.
All of these schools have incredible reputations, and rightly so. They create world leaders through their programs. If you are willing to work immensely hard and are committed to studying business, one of these schools may be the right choice for you.