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Top Business School Rankings | Top 50 MBA colleges in 2020

Top Business School rankings provided by different business publications serve as a veritable treasure trove of information for prospective business school aspirants.

While the methodology used by each differ significantly as each ranking measures different aspects of the business school experience, rankings serve an important role in helping students with the school selection process.

They do so by providing an independent assessment of the graduate business schools and their programs.

50-top-business-schools-mba

In this article, we provide the Top 50 business schools according to the rankings provided by different business publications:

  1. US News 
  2. QS Global MBA Ranking
  3. Financial Times 
  4. The Economist 
  5. Bloomberg BusinessWeek 
  6. Forbes

If you are new to the rankings game, make sure you read our article on the significance and methodology of business school rankings published by different business publications.

 

Top Business School Rankings: US News rankings 2020

Top-Business-Schools-by-US-News-Rankings-2020

Top Business Schools Location Rank Tuition (Per Year) Enrollment MBA (Full-Time)
University of Pennsylvania (Wharton) US 1 $72,300 1,742
Stanford University US 2 $70,590 855
Harvard University US 3 $73,440 1873
Massachusetts Institute of Technology (Sloan) US 3 $74,200 813
University of Chicago (Booth) US 3 $72,000 1,179
Columbia University US 6 $74,400 1,297
Northwestern University (Kellogg) US 6 $71,544 1,304
University of California Berkeley (Hass) US 6 $60,987 590
Yale University US 9 $69,500 723
Duke University (Fuqua) US 10 $68,200 875
University of Michigan – Ann Arbr (Ross) US 10 $63,646 832
Dartmouth College (Tuck) US 12 $72,150 576
New York University (Stern) US 12 $71,676 772
University of Virginia (Darden) US 12 $62,464 660
Cornell University (Johnson) US 15 $66,290 573
University of California–Los Angeles (Anderson) US 16 $59,866 723
Carnegie Mellon University (Tepper) US 17 $65,000 465
University of Southern California (Marshall) US 17 $63,096 449
University of North Carolina–Chapel Hill (Kenan-Flagler) US 19 $61,038 556
University of Texas – Austin (McCombs) US 19 $54,394 551
Emory University (Goizueta) US 21 $62,000 349
Indiana University (Kelly) US 21 $49,955 221
University of Washington (Foster) US 21 $50,046 223
Georgetown University (McDonough) US 24 $58,500 541
University of Florida (Warrington) US 25 $30,130 95
Rice University (Jones) US 26 $58,000 236
University of Notre Dame (Mendoza) US 26 $54,120 281
Washington University in St. Louis (Olin) US 26 $59,950 273
Georgia Institute of Technology (Scheller) US 29 $40,180 167
Vanderbilt University (Owen) US 29 $56,150 351
Ohio State University (Fisher) US 31 $30,120 181
Brigham Young University (Marriott) US 32 $13,450 280
Arizona State University (W.P.Carey) US 33 $47,198 195
Pennsylvania State University – University Park (Smeal) US 33 $42,468 117
University of Minnesota – Twin Cities (Carlson) US 35 $49,994 188
University of Wisconsin – Madison US 35 $38,777 183
University of Georgia (Terry) US 37 $32,112 102
Michigan State University (Broad) US 38 $50,440 157
University of Texas – Dallas US 38 $28,500 101
Texas A&M University – College Station (Mays) US 40 $76,606 123
University of Maryland – College Park (Smith) US 40 $53,946 155
University of Rochester (Simon) US 40 $46,000 209
Boston College (Carroll) US 43 $51,200 156
Southern Methodist University (Cox) US 43 $45,975 225
University of California – Irvine (Merage) US 43 $52,709 157
University of pittsburgh (Katz) US 43 $63,916 120
Lowa State University (Ivy) US 47 $26,012 79
University of California – Davis US 47 $49,685 91
University of Illinois–Urbana-Champaign US 47 $73,168 94
Boston University (Questrom) US 50 $23,996.00 302

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Top business school Rankings: QS Global MBA Rankings 2020

Top-Business-Schools-by-QS-World-University-Rankings

 

Rank Business Schools City Country
1 Penn (Wharton) Philadelphia (PA) United States
1 Stanford Stanford (CA) United States
3 INSEAD Fontainebleau Multi-Campus
3 MIT (Sloan) Cambridge (MA) United States
5 Harvard Boston (MA) United States
6 London Business School London United Kingdom
7 HEC Paris Jouy-en-Josas France
8 Chicago (Booth) Chicago (IL) United States
9 UC Berkeley (Haas) Berkeley (CA) United States
10 Northwestern (Kellogg) Evanston (IL) United States
11 Columbia New York (NY) United States
12 IESE Business School Barcelona Spain
13 UCLA (Anderson) Los Angeles (CA) United States
14 IE Business School Madrid Spain
15 Cambridge (Judge) Cambridge United Kingdom
16 Oxford (Said) Oxford United Kingdom
17 ESADE Barcelona Spain
18 Yale New Haven (CT) United States
19 Duke (Fuqua) Durham (NC) United States
19 Imperial London United Kingdom
19 Michigan (Ross) Ann Arbor (MI) United States
22 NYU (Stern) New York (NY) United States
23 SDA Bocconi Milan Italy
24 IMD Lausanne Switzerland
25 CEIBS Shanghai China
26 Copenhagen Copenhagen Denmark
26 Melbourne Melbourne  Australia
28 USC (Marshall) Los Angeles (CA) United States
29 Erasmus (RSM) Rotterdam Netherlands
30 ESSEC (RSM) Paris/ Singapore NA
31 Boston (Questrom) Boston (MA) United States
32 NUS Singapore Singapore
33 Indiana (Kelley) Bloomington (IN) United States
34 Warwick Coventry United Kingdom
35 Cornell (Johnson)  Ithaca (NY) United States
36 University of Hong kong Hong Kong SAR Hong Kong
37 Texas (McCombs) Austin (TX) United States
38 Mannheim Mannheim Germany
39 Carnegie Mellon (Tepper) Pittsburgh (PA) United States
40 IIM Ahmedabad Ahmedabad India
41 Frankfurt School of Finance & Management Frankfurt Germany
42 UNSW (AGSM) Sydney Australia
43 Nanyang NTU Singapore Singapore Singapore
44 IIM Bangalore Bangalore India
45 Dartmouth (Tuck) Hanover (NH) United States
46 EDHEC Nice France
47 St. Gallen St. Gallen Switzerland
48 Manchester (Alliance) Manchester United Kingdom
49 Georgetown (McDonough) Washington (DC) United States
50 HKUST Hong Kong SAR Hong Kong

Learn about How to get into top business schools 

Top business school Rankings: Financial Times rankings 2020

Top-Business-Schools-Financial-Times-Rankings-2020

Rank in 2020  Business School  Country Weighted salary (US$) Salary percentage increase 3 year average rank
1 Harvard Business School US 210,110 110 3
2 University of Pennsylvania: Wharton US 211,543 107 3
3 Stanford Graduate School of Business US 222,625 117 2
4 INSEAD France/Singapore 181,277 101 3
5 CEIBS China 185,103 187 6
6 MIT: Sloan US 197,177 119 8
7 London Business School Uk 171,492 105 6
8 Columbia Business School US 202,238 115 8
9 HEC Paris France 164,529 133 16
10 University of Chicago: Booth US 191,679 123 8
11 Northwestern University: Kellogg US 186,438 109 12
12 University of California at Berkeley: Hass US 193,630 110 12
13 IESE Business School Spain 151,347 119 12
14 Yale School of Management US 178,829 128 13
15 National University of Singapore Business School Singapore 167,070 148 17
16 Dartmouth College: Tuck US 177,819 112 16
17 Duke University: Fuqua US 174,070 123 18
18 University of Virginia: Darden US 170,240 128 24
19 University of Cambridge: Judge UK 162,662 95 16
19 HKUST Business School China 157,025 113 17
21 University of Oxford UK 156,739 103 20
22 New York University: Stern US 166,392 122 23
23 Cornell University: Johnson US 166,035 123 22
24 Esade Business School Spain 140,686 117 22
25 IMD Business School Switzerland 156,421 67 24
26 UCLA: Anderson US 166,720 111 25
27 Indian School of Management Bangalore India 183,703 157 32
28 Indian School of Business India 161,174 188 27
29 SDA Bocconi Italy 140,404 120 30
30 University of Michigan Ross US 164,336 115 28
31 Georgetown University: McDonough US 154,898 130 30
31 Carnegie Mellon: Tepper US 160,128 126 35
33 Fudan University School of Management China 131,041 203 36
34 University of Florida: Warrington US 132,250 156 44
35 Nanyang Business School NTU Singapore Singapore 136,365 119 29
36 University of Southern California: Marshall US 158,577 121 47
37 Shanghai Jiao Tong University: Antai China 130,736 201 41
38 Renmin University of China School of Business China 120,614 188 N/A
39 University of North carolina: Kenan-Flagler US 147,940 130 43
40 University of texas at Austin: McCombs US 156,174 98 40
40 Indiana University: Kelly US 137,049 133 47
42 Indian Institute of Management Calcutta India 165,900 138 47
43 Warwick Business School UK 117,047 78 40
44 Washington University: Olin US 131,207 112 49
45 Alliance Manchester Business School UK 128,745 103 47
45 Vanderbilt University: Owen US 148,039 132 57
47 Shanghai University of finance and Economics China 119,531 216 N/A
47 Emory University: Goizueta US 149,532 119 44
47 University of Washington: Foster US 143,074 109 48
50 CUHK Business School China 124,603 119 50

 

Top business schools Rankings: The Economist rankings

Top-Business-Schools-by-the-Economist-Rankings-2020

Rank in 2019 
Business School Country
1 University of Chicago – Booth School of Business United States
2 Harvard Business School United States
3 HEC School of Management, Paris France
4 Northwestern University – Kellogg School of Management United States
5 University of Pennsylvania – Wharton School Stanford University – Graduate School of Business United States
6 UCLA – UCLA Anderson School of Management United States
7 The University of California at Berkeley – Haas School of Business United States
8 Stanford University – Graduate School of Business United States
9 University of Michigan – Stephen M. Ross School of Business United States
10 University of Navarra – IESE Business School Columbia Business School United States
11  Duke University – Fuqua School of Business United States
12 Dartmouth College – Tuck School of Business United States
13 SDA Bocconi – School of Management Italy
14 Cornell University – Samuel Curtis Johnson Graduate School of Management United States
15 Columbia Business School United States
16 The University of Virginia – Darden School of Business United States
17 New York University – Leonard N Stern School of Business United States
18 The University of Southern California – Marshall School of Business United States
19 Massachusetts Institute of Technology – MIT Sloan School of Management United States
20 The University of Washington – Foster School of Business United States
21 Yale School of Management United States
22 INSEAD France
23 Georgia Institute of Technology – Scheller College of Business United States
24 University of Warwick – Warwick Business School United Kingdom
25 London Business School United Kingdom
26 University of Texas at Austin – McCombs School of Business United States
27 Emory University – Goizueta Business School United States
28 University of Melbourne – Melbourne Business School Australia
29 Vanderbilt University – Owen Graduate School of Management United States
30 University of Florida – Warrington College of Business United States
31 Carnegie Mellon University – The Tepper School of Business United States
32 EDHEC Business School France
33 University of Georgia – Terry College of Business United States
34 University of North Carolina at Chapel Hill – Kenan-Flagler Business School United States
35 IMD – International Institute for Management Development Switzerland
36 Indiana University – Kelley School of Business United States
37  Rice University – Jesse H Jones Graduate School of Business United States
38 Hult International Business School Unites States
39 University of Minnesota – Carlson School of Management United States
40 ESADE Business School Spain
41 Washington University in St Louis – Olin Business School United States
42 Arizona State University – W. P. Carey School of Business United States
43 Pennsylvania State University – Smeal College of Business United States
44 University of Mannheim – Mannheim Business School Germany
45 Georgetown University – Robert Emmett McDonough School of Business United States
46 University of Wisconsin-Madison – Wisconsin School of Business United States
47 Brigham Young University – Marriott School of Business United States
48 York University – Schulich School of Business Canada
49 University of Notre Dame – Mendoza College of Business United States
50 The Ohio State University – Fisher College of Business United States

 

Top business schools Rankings: Bloomberg Businessweek Rankings 2018

Top-Business-Schools-by-Bloomberg-Businessweek-Rankings

The overall ranking for 2019 – 2020 is not yet out.

2018 Overall Rank School Name Overall Score Compensation Score Learning Score Networking Score Entrepreneurship Score
1  Stanford GSB 100 100 77.3 100 100
2  Wharton 92.6 98.5 61.3 99.2 61.1
3  Harvard 91.9 99.3 54.4 95.3 65
4  MIT (Sloan) 88 91.8 73.8 85.2 79.1
5  Chicago (Booth) 87.1 93.9 67.5 85 64.2
6  UC-Berkeley (Has) 86.7 91.6 67.7 83 79.7
7  Columbia 86.5 93.3 65.5 86.9 60.7
8  Northwestern (Kellogg) 85.5 92.7 73.2 84.1 53.2
9  Virginia (Darden) 85.4 91.6 73.4 82.5 62.4
10  Cornell (Johnson) 82.8 89.8 66.6 79.7 63.1
11  Yale SOM 82.6 91.2 74.5 75.5 53.5
12  Carnegie Mellon (Tepper) 82.5 85.6 81.2 80.2 70.4
13  New York (Stern) 80.8 93.7 51.2 75.1 46.6
13  Southern California (Marshall) 80.8 85.5 64.2 82.4 69.9
15  Duke (Fuqua) 80.7 90 62.9 79.3 47.8
16  Washington (Foster) 80.3 87.2 67.8 75.9 64.1
17  UCLA (Anderson) 80.1 88.7 61.7 74.6 62.5
18  Michigan (Ross) 78.3 88.7 56 76.1 48.1
19  Dartmouth (Tuck) 78.2 93.6 44.3 73.2 35.1
20  Georgetown (McDonough) 75.2 81.9 66.2 75.1 55.4
21  Vanderbilt (Owen) 74.8 82.3 67.6 73.6 50.3
22  Texas-Austin (McCombs) 74.7 83.5 59.1 67.1 65
23  North Carolina (Kenan-Flagler) 73.2 81.7 67.2 67.8 52.6
24  Emory (Goizueta) 72.7 87.3 53.6 63 37.3
25  Brigham Young (Marriott) 70.7 73.3 81 73.3 56.8
26 Rice (Jones) 69.7 79.3 54.7 61.3 63.3
27 Georgia Tech (Scheller) 68.6 75.8 62.9 70.4 47.2
28 Indiana (Kelley) 67.7 78.4 59.9 62.8 41.5
29 Minnesota (Carlson) 67.1 75 68.8 60.1 54.8
30 William and Mary (Mason) 64.6 57 100 83.6 63.4
31 Notre Dame (Mendoza) 64.3 73 66.4 61.8 40.8
32 Washington in St. Louis (Olin) 63.8 78.8 53 45.6 48
33 Howard 63.1 63.2 69.8 84.4 40.2
34 Arizona State (Carey) 62.5 70.7 73.8 62.5 29.4
35 Maryland (Smith) 62.4 68.4 64.3 57.4 63.8
36 Utah (Eccles) 61 58.4 95.5 57.3 81.8
37 UT at Dallas (Jindal) 60.6 55.1 91.4 74.4 67.8
38 Penn State (Smeal) 59.4 73.6 42.4 56.6 28.9
39 Texas Christian (Neeley) 58.9 59.7 78.2 68.4 49.2
40 UC at Davis 58.7 63.7 78 53.3 54.9
41 Southern Methodist (Cox) 58.4 65.9 56.8 59.3 47.7
42 Wisconsin 57.9 67.5 49 58.5 42.9
43 UC at Irvine (Merage) 55.9 66.1 50.7 54.8 39.8
44 Ohio State (Fisher) 54.7 68.4 55.6 46.3 27.2
45 Rochester (Simon) 54.3 72.1 57.3 30.7 32.5
46 Tulane (Freeman) 52 62.2 68 37.2 48.8
47 North Carolina State (Poole) 51.3 55.1 71 49.2 59
48 George Washington 51.2 60.2 48.1 54.3 39
49 Texas (A&M) (Mays) 50.4 68.8 40.8 41.1 13.1
50 Purdue (Krannert) 49.9 62.9 50.4 45.2 27.3

 

Harvard and Stanford are the Highest Ranked Business Schools in Most Business School Rankings, learn what their admission committees are looking for in candidates.

Top Business School Rankings: Forbes Business School rankings

Rank School Location 5-Year MBA Gain Years to Payback Pre-MBA Salary 2016 Salary Tuition GMAT Score
#1 Pennsylvania (Wharton) Philadelphia, PA $97.1 K 3.8 $82 K $225 K $148 K 730
#2 Stanford Palo Alto, CA $92.5 K 4.2 $80 K $215 K $136 K 740
#3 Harvard Boston, MA $89.6 K 4 $80 K $212 K $154 K 730
#4 Northwestern (Kellogg) Evanston, IL $84.8 K 3.9 $80 K $195 K $138 K 730
#5 Dartmouth (Tuck) Hanover, NH $81.2 K 4 $76 K $200 K $145 K 720
#6 Columbia New York, NY $75.9 K 3.9 $75 K $203 K $148 K 720
#7 Chicago (Booth) Chicago, IL $74.8 K 4 $81 K $195 K $139 K 730
#8 MIT (Sloan) Cambridge, MA $72.5 K 4 $81 K $201 K $140 K 730
#9 UC Berkeley (Haas) Berkeley, CA $72.4 K 4 $93 K $212 K $113 K 720
#10 Cornell (Johnson) Ithaca, NY $70.4 K 3.9 $67 K $172 K $131 K 700
#11 Virginia (Darden) Charlottesville, VA $69.9 K 4 $73 K $180 K $132 K 710
#12 Michigan (Ross) Ann Arbor, MI $69.4 K 3.9 $70 K $185 K $127 K 708
#13 Yale New Haven, CT $68.7 K 4 $65 K $195 K $135 K 730
#14 Duke (Fuqua) Durham, NC $66.9 K 3.9 $71 K $181 K $134 K 700
#15 UCLA (Anderson) Los Angeles, CA $66.5 K 4 $73 K $181 K $121 K 710
#16 UNC (Kenan-Flagler) Chapel Hill, NC $66.2 K 3.9 $62 K $157 K $121 K 710
#17 Texas-Austin (McCombs) Austin, TX $65.8 K 3.9 $65 K $160 K $100 K 710
#18 Carnegie Mellon (Tepper) Pittsburgh, PA $65.1 K 4.1 $64 K $180 K $125 K 690
#19 Brigham Young (Marriott) Provo, UT $64.4 K 3.7 $56 K $135 K $50 K 672
#20 Texas A&M (Mays) College Station, TX $62.3 K 3.6 $52 K $133 K $62 K 640
#21 NYU (Stern) New York, NY $60.7 K 4.2 $70 K $195 K $142 K 710
#22 Notre Dame (Mendoza) South Bend, IN $58.9 K 3.8 $59 K $150 K $104 K 700
#23 Emory (Goizueta) Atlanta, GA $57.5 K 3.6 $68 K $137 K $117 K 683
#24 Wisconsin-Madison Madison, WI $56.8 K 3.8 $55 K $130 K $69 K 670
#25 Indiana (Kelley) Bloomington, IN $56.6 K 3.8 $56 K $145 K $93 K 680
#25 Michigan State (Broad) East Lansing, MI $55.6 K 3.6 $50 K $117 K $95 K 700
#27 Minnesota (Carlson) Minneapolis, MN $55.2 K 3.9 $63 K $145 K $100 K 690
#28 Purdue (Krannert) West Lafayette, IN $51.8 K 4 $46 K $136 K $86 K 636
#29 Penn State (Smeal) University Park, PA $49.9 K 3.9 $50 K $120 K $82 K 660
#30 Georgia Tech (Scheller) Atlanta, GA $49.8 K 3.9 $58 K $134 K $73 K 690
#30 Washington (Foster) Seattle, WA $49.8 K 4.1 $67 K $150 K $94 K 700
#32 Rice (Jones) Houston, TX $49.5 K 3.9 $55 K $131 K $115 K 690
#33 USC (Marshall) Los Angeles, CA $49.3 K 4.1 $63 K $163 K $122 K 690
#34 Iowa (Tippie) Iowa City, IA $49.1 K 3.8 $45 K $111 K $80 K 700
#35 Georgetown (McDonough) Washington, DC $48.5 K 4.1 $63 K $165 K $112 K 700
#35 Washington U-St. Louis (Olin) St. Louis, MO $48.5 K 4 $52 K $131 K $115 K 700
#37 Rochester (Simon) Rochester, NY $48.3 K 3.9 $51 K $129 K $94 K 680
#38 SMU (Cox) Dallas, TX $48.1 K 4.1 $53 K $140 K $104 K 660
#39 Pittsburgh (Katz) Pittsburgh, PA $47.9 K 3.8 $40 K $125 K $68 K 610
#40 Arizona State (Carey) Tempe, AZ $47.8 K 3.9 $53 K $125 K $89 K 690
#41 UC Irvine (Merage) Irvine, CA $47 K 4.1 $53 K $138 K $102 K 650
#42 Buffalo Buffalo, NY $46.5 K 3.6 $26 K $90 K $54 K 602
#43 Alabama (Manderson) Tuscaloosa, AL $45.7 K 3.7 $36 K $96 K $62 K 690
#44 Rollins (Crummer) Winter Park, FL $45.3 K 3.7 $26 K $85 K $74 K 556
#44 Texas-Dallas (Jindal) Dallas, TX $45.3 K 3.9 $41 K $109 K $62 K 680
#46 Maryland (Smith) College Park, MD $45 K 4.2 $54 K $141 K $112 K 650
#47 Ohio State (Fisher) Columbus, OH $44.5 K 4 $48 K $125 K $101 K 670
#48 Boston (Questrom) Boston, MA $43.7 K 4 $50 K $132 K $103 K 690
#49 Vanderbilt (Owen) Nashville, TN $43 K 4.2 $61 K $140 K $107 K 690
#50 Georgia (Terry) Athens, GA $41.8 K 3.9 $45 K $106 K $68 K 645

 

 

We hope this article helps you in your school selection process. Rankings though an important consideration should not be the only data point you look at while selecting business schools. Read our article on how to select business schools to understand the other factors to evaluate when selecting business schools.

If you have any other questions, please write to us at acethegmat@e-gmat.com.

 

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