Best universities for business degrees in the United States 2022

Find the best US universities for business degrees using Times Higher Education’s World University Rankings 2022 data

October 21 2021
best universities in the US for business


Just like American businesses, American universities have serious global clout –  the country has more than 4,000 universities, including some of the world’s top universities for studying business. 

The American higher education system offers flexible options that students can switch up according to their needs and interests. At the undergraduate level, students can choose different courses before they declare their choice for a major at the end of second year. 

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Many of the top universities in the US do not offer business as an undergraduate degree, but instead encourage students to study across the arts, humanities, sciences and social sciences to build a strong foundation. Students are also encouraged to participate in business research, entrepreneurship, work experience opportunities and taster sessions to discover whether a master’s degree in business is right for them.  

Some of the MBA programmes offered at US universities are recognised all over the world and have a strong alumni network that can be accessed long after graduation.  

These are the best universities in the US for business degrees according to Times Higher Education’s  World University Rankings 2022. 

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=1. Massachusetts Institute of Technology 

The Massachusetts Institute of Technology (MIT) is an independent, co-educational, private research university based in the city of Cambridge, Massachusetts. 

MIT’s business school, the MIT Sloan School of Management aims to offer practical business teaching to new students, mid-career professionals and everything in between. It offers 11 courses from undergraduate to PhD level as well as non-degree and certificate programmes.  

Students who choose to study business at the MIT Sloan School of Management will find themselves part of a strong alumni network on graduating – there are more than 120 alumni clubs worldwide.  

MIT estimates that its living alumni have launched more than 30,000 active companies, created 4.6 million jobs and generated roughly $1.9 trillion in annual revenue. 

The university is associated with 85 Nobel laureates, 58 National Medal of Science winners, 29 National Medal of Technology and Innovation winners and 45 MacArthur Fellows.  

=1. Stanford University 

The Stanford Graduate School of Business is widely regarded as one the most selective business schools in the world, admitting only about 6 per cent of applicants. 

 The school only offers postgraduate degrees: an MBA, an MSx, and a PhD programme. Non-degree and certificate programmes are also available. For any undergraduate student interested in a graduate programme at the Stanford Business School, majoring in humanities, social sciences or sciences will provide a good foundation. Students are also expected to have some work experience to study at the Stanford Business School.  

There are careers advisors on site for undergraduate students, who can advise them on preparing themselves for a career in business.  

Faculty members at the Stanford Graduate School of Business include three winners of the Nobel Memorial Prize in Economic Sciences, five recipients of the John Bates Clark Award, 19 members of the American Academy of Arts and Sciences, and four members of the National Academy of Sciences. 
Companies founded by Stanford affiliates and alumni generate a total annual revenue of more than $2.7 trillion, which would be the 10th largest economy in the world. These companies include Google, Nike, Netflix, Hewlett-Packard, Sun Microsystems, Instagram and Charles Schwab. Stanford alumni also have founded non-profit organisations such as Kiva and SIRUM.  

3. Harvard University 

The Harvard Business School offers a two-year, full-time MBA programme with a general management curriculum focused on real-world practice. It also offers management-related doctoral and executive education programmes. There is also the opportunity to study a joint master’s degree with one of six other graduate schools at Harvard. 

The university does not have an undergraduate business programme, however the business school runs summer programmes for undergraduate students. These range from a one-day taster of the MBA programme to a 10-week course on research into markets and organisation.  

Harvard is home to the largest academic library in the world and once enrolled at Harvard Business School, students have lifelong access to the Baker Library which provides resources for career, business and organisational research. 

All business school alumni are able to access four complimentary career coaching appointments per year.  

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4. University of California, Berkeley

The Haas School of Business at the University of California Berkeley offers a range of courses for students interested in pursuing business degrees at university.

Unlike some of the other universities in the US, the Haas school does offer undergraduate degrees. There is the BS in business administration, as well as as the Management, Entrepreneurship and Technology programme and the global management programme. 

In terms of postgraduate programmes, students can either from a full-time MBA or a evening and weekend MBA and an MBA for executives. 

The school also offers a couple of pre-college courses for students that are planning to study business at university. These courses aim to help to address any gaps students may have in their education and are typically for students who are the first in their family to go to university, or are from low-income families or have average grades. 

5. The University of Chicago 

The Polsky Center for Entrepreneurship and Innovation drives venture creation and technology commercialisation at The University of Chicago. Through education, partnerships and new venture support, the Polsky Center advances the knowledge and practice of entrepreneurship, accelerates the commercialisation of research and helps  The University of Chicago community navigate the complex process of creating and growing a start-up. 

The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of The University of Chicago. It offers full-time, part-time, and executive MBA programmes, as well a PhD programme in business. For those already on their career path and looking to educate themselves further, the executive education courses may be a good choice.  

While the university does not have a specific undergraduate programme in business, Booth does offer a number of programmes and business certificates for undergraduates. Undergraduate students are also able to take an economics major and specialise in business economics.  

The university offers more than 45 faculty-led study abroad programmes in at least 20 countries, including those in conjunction with its centres in Beijing, Delhi, and Paris. 

Top US universities for business and economics 2022

Click each institution to view its World University Rankings 2022 profile

US Business Rank 2022 WUR Business Rank 2022 University  State 
=1 =1 Massachusetts Institute of Technology Massachusetts
=1 =1 Stanford University California
3 5 Harvard University Massachusetts
4 6 University of California, Berkeley California
5 7 The University of Chicago Illinois
6 8 Yale University Connecticut
7 10 Duke University North Carolina
8 12 University of Pennsylvania Pennsylvania
9 13 Northwestern University Illinois
10 14 Columbia University New York
11 17 New York University New York
12 18 University of Michigan-Ann Arbor Michgan
13 19 University of California, Los Angeles California
14 23 Cornell University New York
15 27 Carnegie Mellon University Pennsylvania
16 32 University of California, San Diego California
17 36 University of Minnesota Minnesota
18 =37 Boston University Massachusetts
19 =39 University of Southern California California
20 44 Arizona State University (Tempe) Arizona
21 45 University of Washington Washington
22 48 Dartmouth College New Hampshire
=23 =50 University of Texas at Austin Texas
=23 =50 University of Wisconsin -Madison Wisconsin
25 52 Michigan State University Michigan
26 =53 Johns Hopkins University Maryland
=27 =69 Indiana University Indiana
=27 =69 University of North Carolina at Chapel Hill North Carolina
29 74 University of California, Davis California
30 82 Penn State (Main campus) Pennsylvania
31 86 University of Florida Florida
32 87 Washington University in St Louis Missouri
33 =88 Ohio State University (Main campus) Ohio
34 90 Boston College Massachusetts
35 96 University of Illinois at Urbana-Champaign Illinois
36 97 Georgia Institute of Technology Georgia
37 98 University of Maryland, College Park Maryland
=38 101–125 Rice University Texas
=38 101–125 University of Rochester New York
=38 101–125 Rutgers, the State University of New Jersey New Jersey
=38 101–125 Texas A&M University Texas
=38 101–125 University of Virginia (Main campus) Virginia
=43 126–150 George Washington University Washington D.C
=43 126–150 University of Massachusetts Massachusetts
=45 151–175 University of Arizona Arizona
=45 151–175 Case Western Reserve University Ohio
=45 151–175 University of Georgia Georgia
=45 151–175 Northeastern University Massachusetts
=45 151–175 University of Notre Dame Indiana
=50 176–200 University of Colorado Boulder Colorado
=50 176–200 Temple University Pennsylvania
=50 176–200 Worcester Polytechnic Institute Massachusetts
=53 201–250 University of Central Florida Florida
=53 201–250 Emory University Georgia
=53 201–250 Georgetown University Washington D.C
=53 201–250 Georgia State University Georgia
=53 201–250 University of Miami Florida
=53 201–250 North Carolina State University North Carolina
=53 201–250 University of South Carolina-Columbia South Carolina
=53 201–250 University of South Florida Florida
=53 201–250 Syracuse University New York
=53 201–250 University of Texas at Dallas Texas
=53 201–250 University of Utah Utah
=53 201–250 Washington State University Washington
=65 251–300 University of California, Irvine California
=65 251–300 Drexel University Pennsylvania
=65 251–300 University of Iowa Iowa
=65 251–300 University of Pittsburgh-Pittsburgh campus Pennsylvania
=65 251–300 Virginia Polytechnic Institute and State University Virginia
=70 301–400 University of Connecticut Connecticut
=70 301–400 University of Illinois at Chicago Illinois
=70 301–400 University of Nevada, Las Vegas Nevada
=70 301–400 Stony Brook University New York
=70 301–400 The University of Tennessee-Knoxville Tennessee
=70 301–400 Baylor University Texas
=70 301–400 University at Buffalo New York
=70 301–400 Florida State University Florida
=70 301–400 George Mason University Virginia
=70 301–400 University of Hawai’i at Mānoa Hawai'i
=70 301–400 Iowa State University Iowa
=70 301–400 Missouri University of Science and Technology Missouri
=70 301–400 Vanderbilt University Tennessee
=83 401–500 The University of Alabama Alabama
=83 401–500 University of Arkansas Arkansas
=83 401–500 Auburn University Alabama
=83 401–500 Clemson University South Carolina
=83 401–500 Colorado State University, Fort Collins Colorado
=83 401–500 University of Delaware Delaware
=83 401–500 University of Denver Colorado
=83 401–500 Florida Atlantic University Florida
=83 401–500 Florida International University Florida
=83 401–500 Lehigh University Pennsylvania
=83 401–500 Louisiana State University Louisiana
=83 401–500 University of Missouri-St Louis Missouri
=83 401–500 Mizzou - University of Missouri Missouri
=83 401–500 University of Nebraska-Lincoln Nebraska
=83 401–500 University of North Carolina at Charlotte North Carolina
=83 401–500 Oklahoma State University Oklahoma
=83 401–500 Old Dominion University Virginia
=83 401–500 University of Oregon Oregon
=83 401–500 SUNY University at Albany New York
=83 401–500 Saint Louis University Missouri
=83 401–500 Stevens Institute of Technology New Jersey
=104 501–600 American University Washington D.C
=104 501–600 University of Colorado Denver/Anschutz Medical Campus Colorado
=104 501–600 University of Houston Texas
=104 501–600 University of Kentucky Kentucky
=104 501–600 Mississippi State University Mississippi
=104 501–600 University of New Mexico (Main campus) New Mexico
=104 501–600 Northern Illinois University Illinois
=104 501–600 Portland State University Portland
=104 501–600 Rensselaer Polytechnic Institute New York
=104 501–600 Rochester Institute of Technology New York
=104 501–600 University of Texas at Arlington Texas
=104 501–600 Tulane University Louisiana
=104 501–600 Wake Forest University North Carolina
=104 501–600 William & Mary Virginia
=104 501–600 University of Wisconsin -Milwaukee Wisconsin
=119 601+ Bowling Green State University Ohio
=119 601+ University of California, Riverside California
=119 601+ Georgia Southern University Georgia
=119 601+ University of Kansas Kansas
=119 601+ Kansas State University Kansas
=119 601+ Kent State University Ohio
=119 601+ Marquette University Wisconsin
=119 601+ University of Memphis Tennessee
=119 601+ New Mexico State University (Main campus) New Mexico
=119 601+ University of North Carolina at Greensboro North Carolina
=119 601+ University of North Carolina Wilmington North Carolina
=119 601+ Ohio University (Main campus) Ohio
=119 601+ University of Rhode Island Rhode Island
=119 601+ SUNY Binghamton University New York
=119 601+ San Diego State University California
=119 601+ San Jose State University California
=119 601+ University of Texas at El Paso Texas
=119 601+ University of Texas Rio Grande Valley Texas
=119 601+ The University of Texas at San Antonio Texas
=119 601+ Texas State University Texas
=119 601+ Texas Tech University Texas
=119 601+ University of Toledo Ohio
=119 601+ Wayne State University Michigan
=119 601+ Western Michigan University Michigan
=119 601+ University of Wyoming Wyoming

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