Choosing your dream college can be challenging. However, having in-depth knowledge about the leading business schools can be handy for you to make your choice. We hope this article helps you in understanding the globally ranked institutions in detail.
University of Michigan: Ross
Aimed to bring a change in the business world, the University of Michigan: Ross is a renowned business school that enhances and motivates creative thinking and powerful ideas. The action-based learnings at this university focus on imparting real-world training. The students at the University of Michigan: Ross are given hands-on experience with complex business problems in their MBA program and taught to bring forward creative solutions. Alongside the full-time MBA program, the university offers different undergraduate, graduate, and Ph.D. courses for people in all sectors and age groups.
Established Year: 1924
College Type: Public Business School
Weighted Package: US$ 167336
Current Package: US$ 166703
Tuition Fee for Michigan Residents (per academic year): $67,114
Tuition Fee for Non-Michigan Residents (per academic year): $72,114
Global MBA FT Rank: 21
FT Research Rank: 14
Scholarships:
Merit-based,
Community service, leadership scholarships available
Qualifying Test: GMAT, GRE, PCAT, MCAT, LSAT, or DAT
Application Rounds for full-time MBA: 3
Application Deadlines:
1st Round: 20th September 2021
2nd Round: 10th January 2022
3rd Round: 4th April 2022
Overall Satisfaction according to Financial Times: 9.39
Rank for Value of Money according to Financial Times: 91
HKUST Business School
Internationally recognized HKUST Business School is another prestigious academic institution with the title of the Youngest and Most Respected Business School in Asia. The institution is known for its quality teachings and highly trained faculties who are striving hard to promote excellence to their students. The business school has been bringing diverse cultures and nationalities together to brainstorm on the financial and business world problems prevailing across the globe. HKUST Business School offers a full-time MBA program, undergraduate courses, part-time MBA, MSc, EMBA, Ph.D., and other executive education programs.
Established Year: 1991
College Type: Public Business School
Weighted Package: US$ 151758
Current Package: US$ 153069
Tuition Fee: $110,170
Global MBA FT Rank: 22
FT Research Rank: 42
Scholarships:
Merit-based and professional awards available
Qualifying Test: GMAT or GRE
Application Rounds for full-time MBA: 3
Application Deadlines
1st Round: 10th November 2021 2nd Round: 12th January 2022 3rd Round: 9th March 2022
Overall Satisfaction according to Financial Times: 8.68
Rank for Value of Money according to Financial Times: 36
Indian School of Business
Founded by some of the renowned corporate leaders, the Indian School of Business - ISB is a not-for-profit organization developing excellent corporate leaders worldwide. The institution showcases high standards of educational curriculum, professional teaching staff, and out-of-the-box activities. The motto of the internationally recognized institution is to make its students find their hidden talents and innovative thinking. Advance management, doctoral, and post-graduation courses are the different educational offerings of the Indian School of Business.
Established Year: 2001
College Type: Private business School
Weighted Package: US$ 161349
Current Package: US$ 163550
Tuition Fees: Rs. 39,63,000 plus taxes
Global MBA FT Rank: 23
FT Research Rank: 77
Scholarships:
Waivers and merit-based scholarships are available
Qualifying Test: GMAT, GRE
Application Rounds; 3
Application Deadlines: TBA
Overall Satisfaction according to Financial Times: 8.98
Rank for Value of Money according to Financial Times: 54
University of Southern California: Marshall
The University of Southern California: Marshall forms a unique blend of technology and interactive teaching in their everyday curriculum to impart high-level knowledge. The business school is known for its support of teaching faculties working round the clock in training tier students. Courses at this institution are available online and offline to facilitate students learning at their convenience. University of Southern California: Marshall is known for their intricate crafted undergraduate, graduated, specialized masters and executive degrees.
Established Year: 1920
College Type: Private business school
Weighted Package: US$ 164519
Current Package: US$ 162836
Tuition Fees: $195,924
Global MBA FT Rank: 24
FT Research Rank: 21
Scholarships:
Merit-based scholarships
Qualifying Test: GMAT, GRE, TOEFL or IELTS
Application Rounds: 5
Application Deadlines:
1st Round: 15th October 2021
2nd Round: 5th January 2022
3rd Round: 1st March 2022
4th Round: 15th April 2022
5th Round: Rolling admissions
Overall Satisfaction according to Financial Times: 9.33
Rank for Value of Money according to Financial Times96
Washington University: Olin
The Washington University: Olin is known for its data-driven approach to education that has given birth to numerous entrepreneurs around the world. The institution educates its students to understand the difficulties of situations and devise solutions that are creative and globally acceptable. The institution has gained international attention in a short span of time. Master’s degree programs, MBA, EMBA, DBA, and Ph.D. are the renowned educational courses offered by this business school.
Established Year: 1917
College Type: Private business school
Weighted Package: US$ 142340
Current Package: US$ 142340
Tuition Fee: $48,950
Global MBA FT Rank: 25
FT Research Rank: 1
Scholarships:
Merit-based Dean’s Scholarships
Qualifying Test: GMAT, GRE, TOEFL or IELTS
Application Rounds: 3
Application Deadlines:
1st Round: 19th October 2021
2nd Round: 25th January 2022
3rd Round: 24th March 2022
Overall Satisfaction according to Financial Times: 8.76
Rank for Value of Money according to Financial Times: 71
MBA admission consultants at GOALisB have worked successfully with applicants for achieving their desired goals of an admit to an MBA program.
University of North Carolina: Kenan-Flagler
University of North Carolina: Kenan-Flagler is another name for coping with unpredictable business dynamics due to its intensive educational training. The university is known for the globally recognized leaders that graduate from this business school. The world leaders from this institution are known to bring a positive impact to society alongside applying innovative thinking to their corporate world issues. The MBA, executive development, and undergraduate courses are some of the many popular degrees offered by this business school.
Established Year: 1919
Weighted Package: US$ 151431
Current Package: US$ 153799
Tuition Fee for North Carolina Residents: $51,150
Tuition Fee for Non-North Carolina Residents: $68,112
Global MBA FT Rank: 26
FT Research Rank: 24
Scholarships:
UNC Kenan-Flagler award and fellowships are available
Qualifying Test: GMAT or GRE
Application Rounds: 4
Application Deadlines:
1st Round: 11th October 2021 2nd Round: 10th January 2022 3rd Round: 28th February 2022 4th Round: 11th April 2022
Overall Satisfaction according to Financial Times: 9.14
Rank for Value of Money according to Financial Times: 79
Carnegie Mellon: Tepper
Home to different award-winning and nationally recognised educational programs, the Carnegie Mellon: Tepper is the future of smart studying. The university aims to bring technology into their everyday activity and create a smart curriculum that focuses on innovative leaders and problem solvers. The business school has over 200teaching faculties who have delivered excellent results in mentoring the students at Tepper. There is a wide range of degrees offered by the school that includes master, Ph.D., undergraduate, graduate, executive, and doctorate programs.
Established Year: 1946
College Type: Private business school
Weighted Package: US$ 155015
Current Package: US$ 157460
Tuition FeesUS$ 54,800
Global MBA FT Rank: 27
FT Research Rank: 41
Scholarships: Merit-based scholarship and fellowship
Qualifying Test: GMAT, GRE, or EA
Application Rounds: 3
Application Deadlines:
1st Round: 3rd October 2021
2nd Round: 5th January 2022
3rd Round: 6th March 2022
Overall Satisfaction according to Financial Times: 9.42
Rank for Value of Money according to Financial Times: 82
University of Washington: Foster
With a motto of Foster the Future, the University of Washington: Foster is a globally recognized and ranked business school fostering an inspiring world to all emerging world leaders. The institution is known for its excellent curriculum and inclusive environment. Students at Foster are known to be highly ranked entrepreneurs and corporate leaders in the current era. The school has a long list of courses and certificate programs, some of which are, full-time and executive MBA, undergraduate and graduate courses, master and executive programs.
Established Year: 1917
College Type: Public Business School
Weighted Package: US$ 146191
Current Package: US$ 146566
Tuition Fee for residents: $73,518
Tuition Fee for non-residents: $107,202
Global MBA FT Rank: 28
FT Research Rank: 4
Scholarships:
African American Owned
Heritage MBA Scholarship,
Ernest I.J. Aguilar Owned MBA Scholarship
Qualifying Test: GMAT or GRE
Application Rounds: 3
Application Deadlines:
1st Round: 5th October 2021
2nd Round: 4th January 2022
3rd Round: 15th March 2022
Overall Satisfaction according to Financial Times: 9.51
Rank for Value of Money according to Financial Times: 69
HKU Business School
The HKU Business School has been known to nurture first-class business talents since its inception. Along with the classroom knowledge, the institution offers exposure to the industrial changes happening around. The students are offered practical experiences in solving corporate problems that inculcates a sense of confidence in them. The business school excels in the areas of accounting, financial management, MBA, and corporate services.
Established Year: 1911
College Type: Public Business School
Weighted Package: US$ 133311
Current Package: US$ 133311
Tuition Fees: HK$330,000
Global MBA FT Rank: 29
FT Research Rank: 45
Scholarships:
Entrance, Merit-based, and Fargo Wealth Excellence scholarships
Qualifying Test: TOEFL, GMAT, GRE or IELTS
Application Rounds: NA
Overall Satisfaction according to Financial Times: 8.67
Rank for Value of Money according to Financial Times: 60
Alliance Manchester Business School
The mission of ‘Original Thinking Applied’ rests at the heart of Alliance Manchester Business School and everything the institution does. The business school is popular across the globe for its exceptional teaching patterns and knowledgeable staff. The educational curriculum at the Alliance Manchester Business School includes presentations, case studies, educational games, and assignments to assess the talents of emerging corporate leaders. The assessment criteria of this business school focus on testing and enhancing the calibers of its students and making them excellent in their fields.
Established Year: 1965
Weighted Package: US$ 130695
Current Package: US$ 133956
Tuition Fees for residents: 9,250 GBP
Tuition Fees for non-residents: 21,000 GBP
Global MBA FT Rank: 30
FT Research Rank: 71
Scholarships:
Manchester Alumni Scholarship Scheme
Qualifying Test: IELTS or TOEFL
Application Rounds: 8
Application Deadlines
1st Round: 4th October 2021 2nd Round: 1st November 2021 3rd Round: 29th November 2021 4th Round: 10th January 2022 5th Round: 7th March 2022 6th Round: 11th April 2022 7th Round: 23rd May 2022 8th Round: 1st June 2022
Overall Satisfaction according to Financial Times: 9.14
Rank for Value of Money according to Financial Times: 46
These were some of the major ranked business schools around the globe that stand on the pillars of strong educational support. We hope this article helps you in choosing your dream business school!
The world of business is changing rapidly with increasingly focusing on their online presence and global traction. There is a need for new business schools that can provide students with the skills to compete in this competitive market. The global ranking of business schools is a helpful tool for students who want to know which business school will be the best fit for them.
The Global MBA FT ranking of business schools is a list of the top business schools in the world. It ranks schools based on their academic excellence, faculty and student quality, internationalization, research impact, and more. The ranking includes only full-time programs. The list is compiled by the Financial Times using data from different sources such as university websites, company websites, company press releases, and other reliable sources.
Vanderbilt University: Owen
Collaborative cultures and problem-solving attitude remains at the heart of Vanderbilt University. The Owen Graduate School of Management is a private institution that offers MBA, master’s, and doctoral degrees. The school's MBA program prepares students for careers as general managers, marketing managers, finance managers, operations managers, and supply chain professionals. Classes at Vanderbilt University are available both on-campus and online using the virtual learning environment (VLE) platform.
Established Year: 1969
College Type: Private Business School
Weighted Package: US$ 155038
Current Package: US$ 155038
Tuition Fees: $62,750
Global MBA FT Rank: 31
FT Research Rank: 54
Scholarships:
ROMBA fellowship,
Forté Fellowship, and
Diversity Scholarship
Qualifying Test: GMAT, GRE, or EA
Application Rounds: 4
Application Deadlines:
1st Round: 12th October 2021
2nd Round: 5th January 2022
3rd Round: 29th March 2022
4th Round: 16th May 2022
Overall Satisfaction according to Financial Times: 9.35
Rank for Value of Money according to Financial Times: 75
Rice University: Jones
Jones Graduate School of Business is renowned for its MBA programs, Master of Science in Management degree as well as undergraduate programs in accounting, finance, human resource management, and marketing. Rice University has many notable alumni, including astronauts, U.S. presidents, Nobel Prize winners, and CEOs of Fortune 500 companies. The school has been ranked highly among world universities and its faculty members have won numerous awards for teaching, research, service, and scholarship.
Established Year: 1974
College Type: Private Business School
Weighted Package: US$ 161156
Current Package: US$ 161156
Tuition Fee: $ 66,000
Global MBA FT Rank: 32
FT Research Rank: 35
Scholarships:
MBA Scholarship,
Dean Endowed Scholarship
Qualifying Test: GMAT, GRE, EA
Application Rounds: 3
Application Deadlines:
1st Round: 15th February 2022
2nd Round: 13th May 2022
3rd Round: 3rd June 2022
Overall Satisfaction according to Financial Times:9.58
Rank for Value of Money according to Financial Times68
Warwick Business School
The Warwick Business School is highly regarded for its high-quality education and research, with a focus on entrepreneurship, innovation, and leadership. It has a large number of international students from all over the world. Warwick Business School offers a wide range of undergraduate and postgraduate degrees, as well as executive education programs, online learning options, and one-to-one consulting.
Established Year: 1967
College Type: Public Business School
Weighted Package: US$ 128752
Current Package: US$ 128752
Tuition Fees for domestic students: 9,000
GBPTuition Fees for international students: 22,260 GBP
Global MBA FT Rank: 32
FT Research Rank: 28
Scholarships:
University-based scholarships are available
Qualifying Test: GMAT, GRE, Warwick test
Application Rounds: 4
Application Deadlines:
1st Round: 17th October 2021
2nd Round: 30th January 2022
3rd Round: 29th May 2022
4th Round: 31st July 2022
Overall Satisfaction according to Financial Times: 8.87
Rank for Value of Money according to Financial Times12
Fudan University School of Management
Fudan University is regarded as one of China's most prominent universities. Fudan's academic excellence is also reflected by its high-quality faculty members who are recognized for their research achievements, and its students who have won numerous national awards for their achievements across a range of disciplines, including mathematics, engineering, natural sciences, humanities, and economics.
Established Year: 1929
College Type: Public Business School
Weighted Package: US$ 121198
Current Package: US$ 121198
Tuition Fees: RMB 198000
Global MBA FT Rank: 32
FT Research Rank: 74
Scholarships:
Shanghai Government Scholarship,
Chinese Government Scholarship, and
Confucius Institute Scholarship
Qualifying Test: GMAT or GRE
Application Rounds: 4
Application Deadlines:
1st Round: 15th November 2021
2nd Round: 31st December 2021
3rd Round: 15th March 2022
4th Round: 30th April 2022
Overall Satisfaction according to Financial Times: 9.31
Rank for Value of Money according to Financial Times40
Indian Institute of Management Bangalore
IIM Bangalore is a premier institute of management education in India. It offers a variety of courses, including the MBA in Finance and Management, the MBA in Marketing and Communication, and the MCA. The institute aims to produce management graduates who are equipped with skills for building competitive enterprises and market-driven organizations that have a global impact.
Established Year: 1973
College Type: Public Business School
Weighted Package: US$ 171903
Current Package: US$ 171903
Tuition Fee: INR 29 lakh
Global MBA FT Rank: 35
FT Research Rank: 93
Scholarships:
There are merit-based and merit-plus-need scholarships available.
Qualifying Test: GMAT or GRE
Application Rounds: 3
Application Deadlines:
1st Round: 21st June to 21st August 2021 2nd Round: 23rd August to 9th October 2021 3rd Round: 11th October to 10th December 2021
Overall Satisfaction according to Financial Times: 9.18
Rank for Value of Money according to Financial Times: 45
Sungkyunkwan University GSB
Sungkyunkwan University is one of the oldest and most prestigious universities in Korea. It is widely known for its top-ranked business school. This motto of this business school symbolizes Sungkyunkwan’s mission to provide knowledge for society and humanity through research, education, and service. The institute offers a wide range of undergraduate and postgraduate programs which are designed to equip students with the skills necessary for success in today's competitive job market.
Established Year: 1946
College Type: Private Research University
Weighted Package: US$ 147152
Current Package: US$ 147152
Tuition Fee: 45.6 lakhs KRW
Global MBA FT Rank: 35
FT Research Rank: 91
Scholarships:
Merit-based scholarship available
Qualifying Test: TOEFL or IELTS
Application Rounds: 2
Application Deadlines:
1st Round: 31st August to 18th September 2021 2nd Round: 9th November to 27th November 2021
Overall Satisfaction according to Financial Times: 9.11
Rank for Value of Money according to Financial Times: 16
Nanyang Business School, NTU Singapore
Nanyang Technological University specializes in engineering and technology with a strong focus on research and development. It has since grown to be one of the largest universities in Asia with over 30,000 students and more than 2,000 faculty members. The school aims to provide students with an education that will develop their skills for a successful career in business and management.
Established Year: 1991
College Type: Public business school
Weighted Package: US$ 134213
Current Package: US$ 134213
Tuition Fees: $ 70,082.20
Global MBA FT Rank: 37
FT Research Rank: 62
Scholarships
MBA scholarships available
Qualifying Test
IELTS, TOEFL, SAT, PTE Academic, ACT with Writing, AST, or C1 Advanced
Application Rounds: 3
Application Deadlines:
1st Round: 1st November 2nd Round: 15th January 3rd Round: 31t March
Overall Satisfaction according to Financial Times: 7.96
Rank for Value of Money according to Financial Times: 27
Indiana University: Kelley
Kelley School of Business is one of the top business schools in the world. The aim behind this university was to create a school that would teach students how to think like business leaders. There are different undergraduate and graduate degrees offered at Kelley including Accounting, Finance, Entrepreneurship, Management, Marketing, and Supply Chain Management. The school also offers online courses for those who cannot commit to full-time study.
Established Year: 1920
College Type: Public Business School
Weighted Package: US$ 140818
Current Package: US$ 139513
Tuition Fee for residents: US$ 26,369
Tuition Fee for non-residents: US$ 45,350
Global MBA FT Rank: 38
FT Research Rank: 8
Scholarships:
University-based scholarships are available
Qualifying Test: GMAT, GRE, TOEFL, or IELTS
Application Rounds: 4
Application Deadlines:
1st Round: 15th October 2nd Round: 5th January 3rd Round: 1st March 4th Round: 15th April
Overall Satisfaction according to Financial Times: 9
Rank for Value of Money according to Financial Times: 49
IE Business School
A top-ranked business school, IE Business School is a leading institution for international education. The school offers a wide range of programs and courses to students from all over the world, intending to provide them with an optimal learning experience. It offers an MBA program that emphasizes digital marketing and entrepreneurship, which is designed for students who want to lead their careers in this area or who want to leverage their skill set for personal growth.
Established Year: 1973
College Type: Private Business School
Weighted Package: US$ 134596
Current Package: US$ 134566
Tuition Fees: €72,200
Global MBA FT Rank: 39
FT Research Rank: 49
Scholarships: IE Foundation awards and scholarships available
Qualifying Test: TOEFL, IELTS, PTE, or GMAT
Application Rounds: NA
Overall Satisfaction according to Financial Times: 8.35
Rank for Value of Money according to Financial Times: 64
University of Florida: Warrington
The University of Florida is one of those places that is exploring ways to stay relevant in this new age It has an international reputation for excellence, and it is one of the fastest-growing public universities in the US. The university offers a wide range of undergraduate and graduate programs, as well as professional degrees, including law, medicine, and pharmacy. The school also offers executive education programs for corporations that are interested in optimizing their company’s culture and leadership development.
Established Year: 1926
College Type: Public Business School
Weighted Package: US$ 128375
Current Package: US$ 128375
Local Tuition Fees: US$ 10,257
Domestic Tuition Fees: US$ 26,822
Global MBA FT Rank: 40
FT Research Rank: 27
Scholarships:
Scholarships are given on the basis of merit and merit plus need.
Qualifying Test: GMAT, GRE, or TOEFL
Application Rounds: 3
Application Deadlines:
1st Round: 15th October 2nd Round: 15th January 3rd Round: 15th March
Overall Satisfaction according to Financial Times: 9.47
Rank for Value of Money according to Financial Times: 1
University of Texas at Austin: McCombs
The mission of Texas McCombs is to prepare students for responsible leadership roles in business and society. The college offers undergraduate and graduates degrees as well as professional certificates in business administration and management. The school also provides continuing education courses for professionals seeking to advance their careers or learn new skill sets. It has a great reputation for providing students with the tools they need to succeed in today's competitive job market.
Established Year: 1922
College Type: Public Business School
Weighted Package: US$ 154053
Current Package: US$ 153922
Local Tuition Fees: US$ 32,140
Domestic Tuition Fees: US$ 47,136
International Tuition Fees: US$ 47,136
Global MBA FT Rank: 40
FT Research Rank: 12
Scholarships: There are merit-based and merit-based plus need-based scholarships available.
Qualifying Test: GMAT, GRE, or EA
Application Rounds: 3
Application Deadlines:
1st Round: 12t October 2021 2nd Round: 6th January 2022 3rd Round: 29th March 2022
Overall Satisfaction according to Financial Times: 9.09
Rank for Value of Money according to Financial Times: 84
The corporate world is rapidly changing, and companies are increasingly focusing on their online presence and global reach. Business schools are needed to equip students with the skills they'll need to compete in this cutthroat market. The Financial Times Global MBA FT rating of business schools is a list of the world's best business schools. Only full-time programs are included in the ranking. The colleges are ranked based on a variety of variables such as academic reputation, student quality, and faculty resources. It is based on the evaluations of over 400,000 students from more than 100 countries. To select the finest business schools in the world, the ranking considers a variety of characteristics such as student satisfaction, alumni compensation, job placement rate, international diversity, and other considerations. To shortlist a program to apply to share your profile with GOALisB and schedule a call back with our consultant for application assistance.