Choosing where to study business is an important decision for prospective students, so Times Higher Education has published a world ranking of business and economics degrees.
The subject ranking for business includes more than 700 universities in 62 countries.
Best universities for business by country
Best universities for business degrees in Australia
Best universities for business degrees in the UK
Best universities for business degrees in Canada
Best universities for business degrees in the United States
Although the US dominates the ranking, universities in the UK and across Asia also do particularly well.
The UK has four universities in the top 20, which also features three institutions from two Asian territories.
Canadian, Dutch and Australian schools also perform well for business and economics degrees.
The ranking uses the same methodology as the World University Rankings, but with slightly more weight given to teaching and research metrics and slightly less to citations. The complete methodology can be found here.
Scroll down for a full list of degrees covered by the ranking and the career paths that they open up.
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Top 5 universities for business and economics degrees
Stanford’s graduate business school admits students for MBA, PhD, master’s and executive degrees.
The school’s dean is Jonathan Levin, a renowned expert in industrial organisation.
In 2006, the school received what was then the largest endowment ever given to a business school: $105 million from Phil Knight, an alumnus and the founder of Nike.
The business school at Stanford is known to be the most selective in the US, based on the competition for acceptance on to a course. Typically, less than 7 per cent of applicants secure a place.
Postgraduate students can take joint degrees at other schools, combining business with subjects such as earth sciences, education and law.
Although there is no specific business and management programme for undergraduates, students can choose to major in economics, international relations or management science and engineering.
Best universities worldwide
Best universities in the world
Best universities in the United States
Best universities in the UK
Best universities in Canada
Best universities in Australia
Best universities in Europe
Best universities in France
Best universities in the Netherlands
Best universities in Germany
The Sloan School of Management, also known as MIT Sloan, offers business programmes at the university.
In addition to MBA courses, executive training programmes and other postgraduate degrees, the school also teaches undergraduates through “Course 15”, which provides business skills to students with a technical and quantitative background.
The classes feature problem sets that make use of real-world business cases, tackling them with scientific approaches. The course also provides opportunities to do research and to take part in entrepreneurship competitions.
Business courses at MIT cover a variety of topics, including operations research, consulting, entrepreneurship, finance, information technology, product development and marketing.
There is an emphasis on innovation across all these topics. Many influential new ideas in business, including the field of system dynamics, were born out of work at the Sloan School.
MIT is one of the most prestigious universities in the world. Based in Cambridge, Massachusetts, next door to Harvard University, it is a hub of innovation and entrepreneurship.
The University of Cambridge is made up of 29 separate colleges.
The university is also home to more than 100 libraries, which hold a total of more than 15 million books.
Business and economics degrees are generally taught at the Cambridge Judge Business School. Courses include the MBA, master of finance, master of accounting and a number of MPhil programmes.
Undergraduate business students at the University of Oxford study economics and management within the traditional degree framework, and they are taught primarily in small group tutorials.
Oxford’s academic department for business is the Saïd Business School, which teaches business, management and finance.
The school is just over 20 years old – fairly new compared with other prestigious business schools around the world.
The current dean, Peter Tufano, was at Harvard Business School before joining Oxford.
The postgraduate programmes on offer include the popular MBA programme, an executive MBA programme, a PhD in management studies and master’s degrees in financial economics, law and finance and strategic management.
MBA students can also extend their one-year degree to combine the course with one of the specialised master’s programmes.
All business students are members of an Oxford college and participate in university life outside the business school. Although not all colleges accept business students, the majority do.
Harvard University’s Business School is one of the most prestigious postgraduate business schools in the world.
The school offers a two-year MBA that promises a focus on real-world practice. There are also eight doctoral programmes leading to a PhD or DBA.
At the moment Harvard does not offer an undergraduate business programme, but students are able to study economics at the undergraduate level.
Student experience of business and economics degrees
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Making meaningful connections at a small university
My experience as a foreign student in China led to a job with Google
Nobel laureates offer their advice to young economists
International perspective: an American student in China
London Venture Crawl: encouraging entrepreneurship in students
Starting a business at university
International perspective: a Dutch student in Denmark
International perspective: a Malaysian student in the UK
Top 200 universities for business and economics 2021
Click each institution to view its World University Rankings 2021 profile
Editor's note: After the publication of the 2021 Subject Rankings, Ecole Polytechnique informed us that they had submitted and signed off incorrect academic staff numbers for Business and Economics – therefore excluding them from being ranked in the Business and Economics subject ranking, as per the inclusion criteria. This matter was reviewed under our corrections policy and we agreed, at our discretion, to calculate Ecole Polytechnique’s score in the Business and Economics ranking based on a corrected data submission. This table has been updated to reflect their ranked position due to the correction.