1. The Wharton School
Tuition fees: US$162,756
Percentage of female students: 43 percent
Percentage of international students: 33 percent
Students in class: 862
In joint first position for 2020 is The Wharton School at the University of Pennsylvania, which achieved the highest score in the rankings for employability. The 21-month program includes a recommended summer internship. Students can choose from 18 majors (including accounting, finance, and marketing), with around 40 percent of students completing their degree with two majors.
2. Stanford Graduate School of Business
Tuition fees: US$141,180
Percentage of female students: 41 percent
Percentage of international students: 42 percent
Students in class: 419
Retaining last year’s top spot (though this year tied with Wharton) is Stanford Graduate School of Business. It is the only school in the rankings to achieve a perfect score for entrepreneurship and alumni outcomes. Lasting 21 months, students must complete a Global Experience Requirement, where they study and work abroad for a minimum of 10 days. Previous destinations have included Brazil, South Korea, and Greece.
3. INSTEAD
Tuition fees: US$98,009
Percentage of female students: 35 percent
Percentage of international students: 96 percent
Students in class: 536
Also coming in third – and the highest-ranked European program in the world – is INSEAD. The school scored very highly for Return on Investment (ROI), with an average 100 percent salary increase for MBA graduates. The program lasts 10 months, with opportunities to study at INSEAD’s three campuses in Fontainebleau, Singapore, and Abu Dhabi. Students complete 14 core courses and have a choice from over 75 elective options.
4. MIT Sloan School of Management
Tuition fees: US$148,400
Percentage of female students: 42 percent
Percentage of international students: 38 percent
Students in class: 409
In joint third place is the 24-month program at MIT Sloan School of Management. MIT are well-renowned for their research excellence, explaining why it is the only school in the rankings to achieve a perfect score for thought leadership. MIT promotes ‘Action Learning,’ meaning that students learn management skills hands-on, working remotely and on-site with host organizations to solve real-life business challenges.
5. Harvard Business School
Tuition fees: US$146,880
Percentage of female students: 41 percent
Percentage of international students: 37 percent
Students in class: 930
Harvard Business School is recognized as the originator of the MBA, running the world’s first program in 1908. Ranked fifth, it achieves the joint second-highest score in the rankings for employability. The school’s famous case method is internationally renowned, with HBS faculty writing over 80 percent of business school cases sold globally. During the 24-month MBA, students will read and work on around 500 cases, both individually and in groups.
6. London Business School
Tuition fees: US$104,493
Percentage of female students: 40 percent
Percentage of international students: 91 percent
Students in class: 485
London is one of the world’s main financial capitals, with 100 percent of the world's leading financial institutions represented in the city and three-quarters of the top 500 global companies using it as their base. The only British business school in the global top 10, the MBA program at London Business School lasts for 21 months, longer than the standard European MBA course. Their employment stats are impressive, with 94 percent of MBA graduates accepting a job offer 3 months after graduation.
7. HEC Paris
Tuition fees: US$66,690
Percentage of female students: 34 percent
Percentage of international students: 93 percent
Students in class: 274
The first French school in the global top 10, the HEC Paris MBA, achieved the second-highest score in ROI rankings. HEC graduates enjoyed a staggering 152 percent salary increase post-MBA. The 15-month program focuses on developing leadership potentials, such as leadership seminars, a student-run MBA multisport MBA tournament, and the HEC Global Leaders Series, with influential speakers from the business world.
8. The University of Chicago Booth School of Business
Tuition fees: US$144,000
Percentage of female students: 42 percent
Percentage of international students: 30 percent
Students in class: 591
The University of Chicago’s Booth School of Business’ 21-month program scored highly for employability but fell short of the rest of the global top 10 for diversity. Booth’s MBA prides itself on its flexible curriculum. With only one compulsory course in Leadership Effectiveness and Development (LEAD), students are free to design the program to fit their career goals. Available electives cover 13 concentrations, including business analytics, operations management, and economics.
9. Haas School of Business
Tuition fees: US$119,622
Percentage of female students: 43 percent
Percentage of international students: 42 percent
Students in class: 291
The 21-month MBA program at the Haas School of Business, University of California Berkeley, comprises 12 required courses, plus electives to tailor the program to your needs. Students must fulfill an ‘Applied Innovation’ requirement, which hones leadership skills through experiential learning and teamwork. For example, Applied Innovation courses include International Business Development and the Haas Socially Responsible Investment Fund.
10. The Kellogg School of Management
Tuition fees: US$71,544
Percentage of female students: 46 percent
Percentage of international students: 38 percent
Students in class: 478
Kicking off the global top 10 is The Kellogg School of Management at Northwestern University. The standard program length is 21 months, but there is an option of an accelerated one-year pathway. Kellogg offers a wide range of global learning opportunities, including 37 exchange programs across 20 countries. Students can choose from seven majors (or none). Majors include Accounting, Economics, Finance, Marketing, Operations Strategy, and Managing Organizations.
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