Best Business Schools In The World – A Business School or School of Business is a bachelor’s degree or postgraduate-level institution that teaches business administration or management. In a business school, students study such topics as economics, administration, strategy, finance, and entrepreneurship. They also study marketing, public relations, leadership, and accounting.
Put simply; business schools teach people how to manage a business. Many business managers have studied at such schools. However, some CEOs of major corporations never went to business school. In fact, some of them do not even have a degree. BBA (Bachelor of Business Administration) programs are for undergraduates. Graduate programs may include master’s degrees, MBA (Master of Business Administration) programs, and Executive MBA programs. Doctoral studies are also for graduates.
Business schools take academic theories and apply them to real-world problems. They craft students into astute decision makers and professionals who can readily navigate uncertainty, risk, and change.”
Business schools date back to the beginning of the 19th century. ESCP (Ecole Supérieure de Commerce de Paris), which started teaching in 1819, is the world’s oldest business school. “[Business schools) take academic theories and apply them to real-world problems. They craft students into astute decision makers and professionals who can readily navigate uncertainty, risk, and change.”
Business schools date back to the beginning of the 19th century. ESCP (Ecole Supérieure de Commerce de Paris), which started teaching in 1819, is the world’s oldest business school. Today ESCP has campuses in Paris, Berlin, London, Madrid, and Turin. Two years ago, the Financial Times ranked its Master in Management program second in the world.
There are many kinds of business schools. While some are stand-alone institutions, others are faculties or departments within a university. There are also some that belong to institutions that teach only business topics. Among all of these options there also exist both traditional classroom programs and online business degree programs.
In the United States and Canada, a business school refers to a university program. The programs present either an undergraduate bachelor’s degree or a graduate master’s qualification. Some universities in Asia and Europe teach only business. Many private business schools have no university affiliation.
There are thousands of business schools across the world. In fact, there are more than 600 in the USA alone, writes Exeter Jones in M&I , but not all of these are authoritatively accredited in business by the AACSB – and even fewer are entered into the composite rankings for US News, The Economist, Financial Times , and Bloomberg Businessweek .
1. Gordon Institute of Business Science – South Africa
The Gordon Institute of Business Science (GIBS) is an affiliate of the University of Pretoria. It is the best business school in Africa according to the Financial Times- the UK’s leading financial publication. The school has featured on the publication’s annual listing of leading business schools in the world for 7 years consecutively. The 2020 rankings placed the Gordon Institute of Business Science within the top 50 business schools in the world, making it not only the best in South Africa but on the whole Africa continent.
The school was founded in 2000 and offers a broad collection of courses for individuals and cooperate organizations with courses such as internationally accredited MBA programs, Post-graduate Diploma in Business Administration, Doctorate in Business Administration, and a wide range of academic and executive courses.
2. American University in Cairo School of Business – Egypt
First known as the School of Business Economics and Communications, the American University in Cairo School of Business got its fresh name in 2009 with the aim to create an academic Centre that nurtures future innovative business leaders and entrepreneurs.
In late 2013, the business school became the first institute in North Africa to feature on the Financial Times list of Top Business Schools in the world. The institute has gained universal recognition and attracts business leaders across the globe. The business school made the prestigious list again in 2020- a clear sign of its intensification position in the global business world.
Despite the fact that education in North Africa have been disrupted by the Arab uprising that swept through that region between 2021 to 2012, the American University in Cairo School of Business is one of the leading Egyptian institutions that managed to make important progress. The school offers amazing courses to both individual and cooperate organizations.
3. HEC School of Management
HEC School of Management, more commonly known as HEC Paris, is a European graduate business school. It is located in Paris, France and holds the distinction of being home to some of the best MBA programs in the European Union. It holds triple crown accreditation from EQUIS, AMBA and the AACSB International.
HEC Paris students have the entire city of Paris at their fingertips. From fine food to street festivals to the opera and more, HEC students can take a moment from their studies to visit any number of cultural attractions that may catch their eye. Even the smallest of streets and alleyways have cultural wonders just waiting to be explored.
When students are done exploring Paris, they come back to the school to study. HEC Paris has the widest range of possibilities when it comes to getting a graduate degree. From summer school to part-time study to one year programs, this selective business school grants its students every chance to find a way to earn their degree
4. Harvard University
Harvard University was established in 1636 in Cambridge, Massachusetts, United States. It is a private research university that is the oldest tertiary educational institution in the country. It is best known as the premier university to attend for American students and boasts the world’s prevalent academic library system, consisting of nearly 80 libraries and over 18 million books.
Student life at Harvard is dominated by athletic rivalries, particularly with Yale. Every year in early autumn, the schools meet for their annual match up, which is merely called The Game. Other sports include the school’s rowing teams, which compete against Yale in the Harvard-Yale Regatta, an Americanized version of the Boat Race between Oxford and Cambridge in England.
Harvard Business School is one of the most admired departments of the university. It is here that leaders are made, according to the school’s mission statement. The reality is not far from the truth — students are taught the ethics and morals behind business and the changing climate and are predictable to learn to discern business solutions to problems by the time they graduate.
HBS is the most popular business school in America, and students apply in droves to be picked to become part of the elite group of students who study here. Graduates are often the most competent for positions and are usually recruited to fresh positions before they even graduate. It’s no wonder that HBS is a top business school pick for The Economist and The Financial Times.
5. London Business School (LBS)
London Business School (LBS) is a business school and a constituent college of the federal University of London . LBS was established in 1964 and awards post-graduate degrees (Master’s degrees in management and finance, MBA and PhD). Its motto is “To have a profound impact on the way the world does business”. LBS is consistently ranked amongst the world’s best business schools. All candidates must take international exams connected to their English abilities (TOEFL ) or IELTS and mathematic/logical reasoning skills (GMAT or GRE ). Candidates are also asked to write numerous essays (topics are related to the envisaged programmes). The school’s 150 faculty work through 16 research centres or institutes. According to the 2014 Research Excellence Framework, the school had the joint uppermost percentage of world-leading research of any British advanced education institution (along with the Courtauld Institute of Art ) with 56% of research rated in the 4 category.
6. Tsinghua University School of Economics and Management
Tsinghua SEM is the business school of Tsinghua University in Beijing , China. The school offers undergraduate, master’s, doctoral, and many executive education programs, with a total enrollment of more than 3,000 students. The Tsinghua School of Economics and Management (SEM) is time after time ranked among the best business schools in China. It was the first mainland Chinese institution to have achieved AACSB and EQUIS accreditations for its business and accounting programs. Today, SEM’s professional and academic programs are measured to be among the premier training grounds for China’s business leaders.
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In 2020, SEM was ranked 19th globally in the Times advanced Education Rankings by Subjects for “Economics and Business” subjects and 28th in the QS World University Rankings by Subjects for “Economics and Econometrics” subjects, which are historical strengths for the Tsinghua School of Economics and Management.
7. Lee Kong Chian School of Business
Lee Kong Chian School of Business is Singapore Management University’s (SMU) business school. Started in 2000, the school was the first to be established under the Singapore Management University’s charter. It is a research-driven school, with a blend of education that focuses on academic research and industrial relevance. Faculty are hired on the basis of research or on professed expertise in their field of study or practice. The Lee Kong Chian School of Business is the flagship school of SMU, accredited by AACSB, with a large portion of the University’s students enrolled in the school’s undergraduate and postgraduate programs. The program is modeled after the Wharton School ‘s curriculum to provide a broad-based approach to university education. At the undergraduate level, the school offers the Bachelor of Business Management (B.B.M.), a 4-year program with academic majors in the areas of Finance, Law, Management , Marketing , Quantitative Finance and Operations Management .
In addition to several graduate level degree programs by coursework, the school also offers 10 Master’s programmes which are targeted towards executives.
8. University of Pennsylvania
Headquartered in the heart of Philadelphia, Pennsylvania, in the United States, the University of Pennsylvania is a private Ivy League university. It was established by none other than Benjamin Franklin and was one of the original nine colonial colleges. It is best known for following a multidisciplinary model and for opening the first medical school in America.
The University of Pennsylvania, known as Penn to students and faculty, is home to over 100 student organizations and clubs that cover every interest. From literary organizations, like the Philomathean Society, to religious clubs, like The Christian Association, students from every walk of life will find a club that suits their hobbies.
Students who are interested in athletics can find rowing, rugby, cricket and more at both the intramural and college professional levels. The varsity sports teams, the Quakers, participate in both the Ivy League and the NCAA Division 1 conferences, with the football and basketball teams holding the titles for league champions in both sports.
The Wharton School of Business at Penn is always in the top ten of business school rankings. This can be accredited to the immense support and backing students receive from the school in any business-related endeavor that they take on, from building their own start-up to consulting on a variety of case studies as part of an independent project. And with Wharton satellite campuses across the country and overseas, students can take their studies abroad, giving them the experience and skills essential to become universal business executives and leaders.
9. University of California at Los Angeles
The University of California at Los Angeles, known as UCLA, is a public research university that is situated in Los Angeles, California. It is an internationally ranked university that remains in the top 20 of any list it is mentioned on, making it a gorgeous school for students at both the undergraduate and graduate levels. This university is choosy, accepting just 17 percent of the students who apply, and remains one of the most popular schools in America.
Los Angeles is the West Coast’s film hub. Students who study at UCLA have right of entry to the beach, Hollywood, studio tours, live shows on the Sunset Strip as well as a strong arts district. Students will find that a wide variety of experiences can be had in this city, including hiking trails, time spent at the Observatory as well as day trips to Disneyland, San Diego and more.
When students are ready to go to class, the Anderson School of Management awaits them. This is the graduate business school found at UCLA and is the home of the unique Global EMBA for Asia Pacific. This degree focuses a student’s business education in the Asia Pacific region and requires study and work abroad in order to graduate.
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