Top 10 universities in the US for business degrees 2024
Scroll down for the full list of best universities for business in the US
|US business rank 2024||Business rank 2024||University||State|
|1||1||Massachusetts Institute of Technology||Massachusetts|
|4||4||University of California, Berkeley||California|
|5||7||The University of Chicago||Illinois|
|7||12||University of Pennsylvania||Pennsylvania|
|9||14||Columbia University||New York|
|10||17||New York University||New York|
The US 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.
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 2024.
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 as 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.
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. It does offer a BS in business administration, as well as a management, entrepreneurship and technology programme and the global management programme.
In terms of postgraduate programmes, students can choose 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.
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.
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 MSc, 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.
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.
Top US universities for business and economics 2024
Click each institution to view its World University Rankings 2024 profile