Business is a broad term that can be defined in different ways: if we look at it from the perspective of an individual, we can define business as one’s occupation, profession, or trade. But, if we look at it from the perspective of the economy and the market, we can define it, most simply, as a commercial activity, depending on in which sphere of labor or branch of the industry it develops. Let’s take a look at the world’s best business schools!

Top Business Schools in the World

1. Harvard University

Harvard Business School is the graduate business school of Harvard University and has been a top-ranked business school for years. This school offers a full-time Master of Business Administration program, PhD programs, and degrees in various areas related to business and economics, as well as many other executive programs.

When it comes to its MBA program, Harvard Business School is one of the leading schools for business in the world that promises an inspiring and collaborative working community where both your professors and classmates will gladly share their perspectives and experiences with you. During this two-year program, you can also expect a curriculum that is focused on real-world practice, which makes this school one of the best business schools in the world.


INSEAD is an excellent French business school with campuses all around the world – Europe, Asia, the Middle East, and North America. Founded in 1957, it is considered one of the most prestigious business schools in the world. Although mostly known for its master’s programs, when it comes to business at least, INSEAD also offers a PhD degree in Management and other executive education programs.

As part of information about its strongest master’s program (MBA), INSEAD offers its potential future students simple but tempting statistics that show the high percentages of success and earnings of their students after they finish their studies at this school.

3. London Business School

London Business School is a business school of the University of London, founded in 1964. It offers graduate studies and degrees only and has been one of the top-ranked business schools for years. Besides its Master in Business Administration program it also offers a variety of other master’s degrees and even PhD programs and degrees.

LBS is one of the best institutions for business across the globe that claims to provide an unequalled opportunity to build your global network but to also test your initiative challenge your perspectives and develop all the skills needed for global business success. It is also proud of the diversity of its students, welcoming students from all over the world with open arms, offering them all equal chances for prosperity and success in their futures in the business world.

4. Massachusetts Institute of Technology

The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology (MIT) and it offers bachelor’s, master’s and PhD degree programs, as well as executive education. For years, the MIT has been a top-ranked school in different fields of study, and is recognized as a leading institution for business around the world.

Strictly business-related, at the MIT Sloan you can major in Business Analytics, as part of your undergraduate studies and learn different approaches on how to make the right decisions when it comes to efficient business practices; or you can take the MBA program that promises to challenge your ambitions and expectations but also help you with building a perfect future career.

5. Stanford University

The Stanford Graduate School of Business is the graduate business school of Stanford University. For years, it has been one of the top-ranked business schools in the world. Strictly business-related, it offers a Master in Business Administration degree; but other than that it also offers other master’s programs and degrees, as well as PhD programs and degrees, and executive education.

With its two-year MBA program, this school promises to help you learn how to expand your mindset, think boldly, build your community, lead from the heart and define your future – more shortly, it promises to help you become a stronger leader and a better human. It also claims to offer an experience unlike any other: a work environment where you’ll be pushed and challenged by the best people in the area of business but also encouraged and supported at the same time.

6. University of Pennsylvania

The Wharton School of the University of Pennsylvania is the business school of the University of Pennsylvania and is an excellent business institution in the world. It offers a variety of both undergraduate and graduate degree programs including bachelor’s, master’s, PhD and executive education; but in the area of business, its master’s program is its way-to-go.

With its MBA program, this school claims to give you the business and leadership skills you need to build your career. With expanding your business leadership skills, learning to appreciate the power of data and growing your entrepreneurship skills and global reach, Wharton School guarantees a bright and successful future business career.

7. Bocconi University

SDA Bocconi School of Management is the graduate business school of Bocconi University in Milan, Italy. Established in 1971, it claims to be the best international business school in Italy and in the world. As its main goal it lists the will and desire to impact the future of individuals, organizations and societies, based on values such as independence, critical thinking, imagination, responsibility, etc. This school offers a variety of top-ranked master’s programs in the area of business, both custom and specialized.

As a graduate business school, SDA Bocconi School offers a variety of master’s degrees in business area, depending on one’s wishes and expectations – you can choose your master’s program depending on the period of time you want to study, type of degree you wish to obtain and the format type you wish your studies to be.

8. University of Cambridge

Cambridge Judge Business School, part of the prestigious University of Cambridge, is a leading research-based business school established in 1990. The school offers a comprehensive range of programs, including master’s, MPhil, Ph.D., and several programs tailored for executives.

One of the key benefits of studying at the school is that students have access to the infrastructure, resources, and vibrant community of students in one of the best universities in the world. Another benefit is the proximity to a prosperous and thriving local community, with many opportunities for students to engage with local businesses.

The school, which strongly emphasizes entrepreneurship, has several centers and initiatives across a range of subjects, such as the Entrepreneurship Centre, which provides a range of resources to help students start and grow their own businesses, as well as the Cambridge Centre for Social Innovation for aiding students’ social ventures.

9. University of Oxford

Part of another old and renowned university in the United Kingdom, Saïd Business School was established in 1996 at the University of Oxford. The School offers diverse programs, including 15 degree programs, in-person and online courses, and partnered programs with some of the best business institutions in the world.

The School’s MBA offerings include a one-year full-time MBA, a 22-24 month part-time Executive MBA, and customized 1+1 MBA programs that combine a master’s degree with the one-year MBA.

Saïd Business School also offers BA (Hons), MSc, and DPhil programs, covering a range of subjects, as well as five master’s-level Executive Diploma programs for experienced professionals to enhance their knowledge and expertise.

The School’s research centers and initiatives focus on addressing global challenges. These centers provide the facilities for innovative and impactful research in targeted areas, such as business taxation, entrepreneurship, digital marketing, and responsible business.

Additionally, being part of the University of Oxford community provides students with a rich cultural experience and access to the University’s vast resources.

10. HEC Paris

  • Study Program
  • Location: France | Degree/s Offered: Bachelor’s, Master’s, and Ph.D.

HEC Paris is renowned for its comprehensive range of business programs, attracting talented students and business leaders worldwide. Apart from the competitive MBA program, the school offers a range of Master’s, Ph.D., and programs designed for executives.

The HEC Paris MBA program, specifically designed for managers from diverse backgrounds, has produced nearly 4,000 graduates currently working as CEOs, CFOs, or who have founded their own companies. The school’s executive programs cater to senior managers, executives, and functional or operational leaders seeking to enhance their managerial skills and expertise.

The Master’s programs include specialized programs such as the MSc Accounting, Finance & Management, and MSc Marketing. It also offers dual-degree programs in management partnered with prestigious universities across Europe and the world, such as the M2M HEC-Yale program, allowing students to study management and business on two major campuses over two years.

In addition, HEC Paris also offers a very selective Ph.D. program, which includes funding that covers the cost of living for five years, a full tuition waiver, and additional financial support for research.

HEC Paris, one of the leading business schools globally, has 125 academic partners and alumni comprising about 135 nationalities, representing its diverse and international community. The school’s degree programs have more than 4,500 participants, while its Executive programs have about 8,000 participants annually.

11. London School of Economics and Political Science

The London School of Economics and Political Science (LSE) is a top-ranked social science university with a distinguished reputation worldwide. The LSE offers a range of business and management programs, including the TRIUM Global Executive MBA, a prestigious and innovative program jointly offered by three of the world’s leading business and management schools: NYU Stern Business School, the London School of Economics, and HEC Paris School of Management. It offers an alternative to traditional MBA programs through its Executive Global Master’s in management program.

Its other programs include undergraduate and graduate programs such as the BSc in Business and Management, MSc in Management and Strategy, MSc in Finance, and MSc in Management and Innovation. The school also offers executive education programs designed for mid-career professionals seeking to expand their skill sets.

As one of the top-rated business schools, the university is highly regarded for its commitment to research. It has several research centers, including the Centre for Economic Performance, the Financial Markets Group, and the Systemic Risk Centre.

12. University of California, Berkeley

The Haas School of Business at the University of California, Berkeley, is one of the leading business schools in the world. The school, founded in 1898, is the second-oldest business school in the United States.

Haas School of Business offers a wide range of programs, including undergraduate and graduate programs, Ph.D., and several executive education programs. The MBA offering provides flexibility for the students according to their needs – it includes the full-time MBA, the evening and weekend MBA, and the executive MBA.

The university is known for its strong faculty profile, including two Nobel prize winners. Studying at one of the leading business schools in the world with lectures administered by experts and renowned personalities will surely make the student’s academic experience worth it.

Its location in the San Francisco Bay Area and strong alumni network make it a top choice for students seeking a high-quality business education.

13. National University of Singapore

NUS Business School was established in 1965 and has evolved into a world-renowned institution of higher education. The school’s distinctive approach integrates global business knowledge with Asian perspectives, equipping students with the ins and outs of Asian businesses and how they contribute to the international business sectors.

The institution attracts a diverse student body to a wide-ranging academic curriculum encompassing BBA, MBA, Executive MBA, MSc, and Ph.D. programs, in addition to customized and open-enrollment Executive Education courses.

NUS Business School is accredited by AACSB International and EQUIS and has consistently secured high-ranking positions from renowned publications, including Financial Times, QS, Forbes, and Times Higher Education. The school has more than 150 full-time faculty members, six academic departments, and three research centers. It also hosts 500 exchange students each academic year.

14. Copenhagen Business School (CBS)

Copenhagen Business School (CBS) is a public university situated in Copenhagen, Denmark. Established in 1917, it is one of the largest business schools in Europe, with over 22,000 students and 2,000 employees.

CBS offers a diverse range of undergraduate and graduate programs in business and management, including Bachelor of Science, Master of Science, MBA, Executive MBA, and Ph.D. programs. It also offers opportunities to get a truly international education through its dual degree programs, partnering with outstanding international business institutions.

CBS is committed to sustainability and social responsibility, which is also at the heart of its MBA program. The school has established a Centre for Corporate Social Responsibility (CSR) to promote research and education in the area of sustainability and to provide students with the knowledge and skills needed to address social and environmental challenges in the business world.


To sum up, these are the top business schools in the world that offer the best education, resources, and opportunities for students to excel in their careers. These schools not only provide top-notch education but also foster a culture of innovation and entrepreneurship, producing leaders who are prepared to make a positive impact on the world.


We hope this article on the best business schools in the world was helpful. If you want to pursue a degree program in one of these top-ranked business schools, you can check out our Available Programs for International Students across the globe!

About the Author: Hyun Lee

Hi! I am Hyun, and I am the founder at Global Scholarships. I've received a full-tuition scholarship at Birmingham-Southern College and a $1,000 Burger King Scholarship for my undergraduate degree and was offered a fully funded scholarship consisting of tuition, living stipend, and health insurance for computer science Ph.D. program at North Carolina State University. You can read more about my scholarship journey here. If you are interested, you can follow me on Linkedin where I regularly write about scholarship opportunities.

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