What Are the Top Schools for Masters of Business Administration?

A Master of Business Administration (MBA) is highly customizable and can lead to a career in management, marketing, finance or nearly any other business sector. This article describes the top three schools in the United States offering MBA degree programs, based on rankings made by ''U.S. News and World Report''. Schools offering Business degrees can also be found in these popular choices.

#1 Harvard University in Boston, Massachusetts

The Harvard Business School ties for having its business school and MBA program ranked as the best in the country in 2013 by U.S. News and World Report. It also has a number of specialty graduate business programs ranked in the top five in the country, including #1 in management, #3 in nonprofit business, #4 in entrepreneurship and #5 in marketing. Furthermore, it's ranked as the second best university in the nation, as of 2013. Harvard's graduate school is highly selective; it only accepted about 11.5% percent of applicants as of 2012.

A unique part of Harvard's MBA program is its emphasis on case-method learning, which allows students to play the role of decision maker, identifying problems and conceiving solutions. As a student, you would complete fieldwork and hands-on projects in areas like leadership, global business and microbusinesses. Electives you could take include business innovation, emerging markets and globalization, entrepreneurial finance, venture capital, negotiation, agribusiness and business in China. Harvard also has several dual degree MBA programs paired with a public policy master's degree program, law school, medical school or dental medicine school.

  • School Address: MBA Admissions, Dillon House, Soldiers Field, Boston, MA 02163
  • School Phone Number: (617) 495-6128

#1 Stanford University in Stanford, CA

Stanford University is tied for the #1 best business school and MBA program in the nation as of 2013, per U.S. News and World Report rankings. Many of its graduate business programs also make the top five in 2013 list: #2 in nonprofit business, #2 in management, #3 in marketing, #4 in finance, #4 in supply chain/logistics and #4 in production/operations. And, it is the 2013 #5 top national university. Stanford's graduate business school is even more competitive than Harvard's; in 2012, it only accepted about 7% of all applicants.

In the first year of the MBA program, you take core courses that cover general management, critical thinking in management and global business. And in the second year, you can customize the curriculum to fit your interests. You could complete a dual degree program or personalize your learning experience through seminars and electives. You're required to complete a global business experience, which can be achieved through an immersion work abroad program, a study abroad program, a social innovation study abroad program or an exchange program in China.

  • School Address: MBA Admissions Office, Stanford Graduate School of Business, Knight Management Center/McClelland Bldg., 655 Knight Way, Stanford, CA 94305
  • School Phone Number: (650) 723-2766

#3 University of Pennsylvania in Philadelphia, PA

The University of Pennsylvania's Wharton School confers an MBA with a choice of 19 majors, ranging from accounting to strategic management. U.S. News and World Report ranked The Wharton School #3 in the nation for best graduate business school/MBA program and #1 in the nation for its Executive MBA program. Its graduate finance program is also rated as #1 in the country. Its accounting, international business, marketing and production/operations programs are all listed at the #2 spot, while its management program is ranked #3 and its entrepreneurship program #4. Moreover, University of Pennsylvania is ranked as the #7 top national university as of 2013. The Wharton School is easier to get into than Harvard or Stanford; it accepted approximately 20% of applicants in 2012.

The Wharton MBA program features more than 10 dual and joint degree programs, including the MBA/MA-Lauder Program, which allows students to concentrate in one of eight languages by immersing in eight weeks of study abroad. It also has over 15 interdisciplinary programs and over 200 business electives.

  • School Address: Office of MBA Admissions and Financial Aid, The Wharton School, University of Pennsylvania, Vance Hall, Suite 111, 3733 Spruce Street, Philadelphia, PA 19104
  • School Address: (215) 898-6183

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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