20 Best MBA Colleges in World 2024

In this section, we have given the list of the top 20 MBA colleges in world, along with their course fees as well; have a look-

Now that you are aware of the top MBA colleges in world, let’s have a closer look at the admission details of the top 5 MBA colleges and the duration of the course:

The requirements for admission to the institute's various programs change according to the program that is selected. The Stanford GSB MBA class profile provides information on the required standardised test scores, which usually consist of a GPA of 3.78 (92-93%) and scores on the English proficiency exam.

Visit the University of The Wharton School's official website, access the admissions page, and fill out the coalition or common application forms.

The application fee for Wharton School is USD 275 (INR 22,830).

The application fee for Harvard Business School is $250 USD (INR 20,760).

Online applications can be submitted through the London Business School's official website. Even though the application procedure is the same for all Master's programs, potential candidates should be aware that each program has a different deadline for applications, so double-check before submitting.

Application fees for London Business School: GBP 100–150 (INR 10,420–15,630)

Aspiring students can submit applications through the institute's official website online. 

Application fees at HEC Paris: EUR 250 (INR 22,210)

Since the college is in a different country, the admission requirements vary from the colleges in the states; henceforth, these are the admission requirements for HEC Paris-

• Completed Application Form.

• Completed Essays.

• 2 LOR.

• Current Professional Resume in English.

• Passport-style Photograph.

• Transcripts from all post-secondary institutions.

• Copy of Passport copies of both if you have dual nationality or birth certificate.

• GMAT or GRE scores.

• Language proficiency scores.

Here is a list of factors while ranking the top 20 MBA colleges in world:

Employability is determined by having some of the top recruiters complete the QS Global Employer Survey and select their top B-schools to recommend students to. Several employers, including Bank of America, Uber, Facebook, and Google, participated in this poll.

Using the Alumni Outcomes Index, B-schools with over 50,000 CEOs from the world's top corporations—such as Apple, PepsiCo, JPMorgan Chase, and others—are examined. Conversely, the entrepreneurial requirements stated by B-schools are thought to be quite significant.

An extensive study on ROI is conducted to determine which institutions give the highest return on investment. Salary before and after earning an MBA are contrasted. A 10-year ROI is also taken into consideration.

The world's top B-schools' reputations are gauged using this metric. Rankings based on this specific feature take into account teachers with PhDs, research impacts, and nominations from business schools, among other factors.

When rating some of the best MBA institutions in the world, factors like the number of women, the number of nations, the percentage of foreign professors, and the percentage of women in business school faculty are significant.

Also, read: Best Countries in the World to Study MBA

To conclude, the top 20 MBA colleges in the world have a reputation because of their curriculum and quality of education. The blog also has the criteria on which the colleges are ranked. Moreover, college selection entirely depends on your country of choice and preferences.

If you want to know more about the best MBA colleges in world for Indian students, we encourage you to speak with our team of expert counsellors at Meridean Overseas Education Consultants (MOEC). Our counsellors will provide you with guidance throughout your study abroad. Get help with the application process, SOPs, and filing for a visa. Visit us and get one-to-one counselling, or avail yourself of free video counselling via our website. We will be happy to help you, so please do not hesitate to contact us at application02@meridean.org or 1800-1230-00011. 

Question- What are the top 5 MBA colleges in the world?

Answer- The top 5 MBA colleges in the world are-

1. Stanford Graduate School of Business

2. The Wharton School, University of Pennsylvania, US

3. Harvard Business School, US

4. London Business School, UK

5. HEC Paris, France

Question- What are some of the factors considered when ranking the top colleges in the world?

Answer- These factors are:

1. Employability rate

2. Return on investment

3. Entrepreneurship and Alumni outcomes

4. Thought leadership

5. Diversity

Question- What are the highest paying specialisations a student can pursue in an MBA?

Answer- Some top-paying specialisations in MBA are:

1. Financial services

2. Consulting

3. Healthcare

4. Technology

5. Consumer packaged goods

Question- What are the average MBA tuition fees for various countries?

Answer- The average MBA tuition fees for various countries are:

1. US-35,000 EUR/ year

2. UK-20,000 EUR/ year

3. Australia- 17,000 EUR/ year

4. Canada- 25,000 EUR/ year

5. Singapore- 35,000 EUR/ year

6. Spain- 20,000 EUR/ year

Question- Should I study MBA abroad?

Answer- Yes, you should definitely study MBA abroad, as these are the benefits of doing so-

1. Set up an international business

2. Make a global network

3. Experience world-class academic facilities

4. Get hold of a high ROI

5. Experience the global market as a whole

6. Get top-paying jobs across the globe

Question- Which MBA has the highest salary?

Answer- A business analytics-focused MBA graduate is expected to earn the highest pay in 2023, according to a number of publications. An MBA in finance and information technology comes next.

Question-  Which MBA is most in demand?

Answer- Since the development of artificial intelligence, the most in-demand degree nowadays is one in AI and machine learning from prestigious MBA schools. Finance and business analytics come next, with marketing at number four.

Question- What is the acceptance rate for Indian students at the top 10 MBA colleges in the world?

Answer- The top 10 MBA programs worldwide have differing admission rates for Indian applicants. Although it's difficult to pinpoint the actual acceptance percentage, it's crucial to remember that these institutions frequently aim for a diverse student population and encourage applications from exceptional Indian applicants. A comprehensive analysis of an applicant's profile, including academic standing, professional background, potential for leadership, and personal traits, is used to make admissions choices.

Question- Are there any scholarships available for Indian students to get into the best MBA colleges in world?

Answer- Indian students can apply for scholarships offered by several prestigious MBA schools. The purpose of these scholarships is to draw and nurture outstanding Indian talent. Institution to institution may differ in these scholarships' availability and requirements. Indian students are urged to investigate the scholarship options provided by the colleges they are considering, making sure to review the prerequisites, deadlines for applications, and selection standards.

Question- Can I get into the best MBA colleges in world without a business undergraduate degree?

Answer- It is possible to get admission to a top 10 MBA program even if your undergraduate degree was not in business. Although some business schools favour applicants with prior experience in business or similar professions, they also place high importance on a diversity of backgrounds and skill sets. Admissions committees evaluate candidates on the basis of their whole application, which includes their academic standing, professional background, potential for leadership, and personal traits. Despite having no prior business experience, it is crucial to emphasise events that are relevant to the MBA program, exhibit transferable abilities, and indicate that you are very motivated to get an MBA.