Top MBA Colleges in USA

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MBA Colleges in USA

The first MBA program in the 20th century was started at the US’s oldest and best business school, Harvard Business School. Since then, the USA has remained the number one choice for pursuing MBA. It is also home to some of the best MBA colleges such as Stanford Business School, Wharton School, MIT Sloan and Columbia Business School. The acceptance rate for these business schools is extremely low with thousands of applicants applying every year. If you are planning to study in the land of opportunity and dreams then keep reading because we will cover all the top MBA colleges in the USA and how you can apply!

Also Read: MBA Acceptance Rate at Top US Business Schools

Best Universities and QS Rankings for an MBA in the USA

Here are the US news 2022 rankings for MBA colleges in the USA:

Rank University
1 Stanford University
2 University of Pennsylvania (Wharton)
3 University of Chicago (Booth)
4 Northwestern University (Kellogg)
5 Harvard University
6 Massachusetts Institute of Technology (Sloan)
7 Columbia University
8 University of California – Berkeley
9 Yale University
10 Dartmouth College (Tuck)

Types of MBA in USA

Universities in the USA provide a wide range of MBA programmes that are not only thorough but also incredibly adaptable. The following types of MBA are offered in American colleges:

  • Full-Time MBA Program: Available at Stanford, Harvard, UPenn, Chicago-Booth, MIT
  • Executive MBA Program: Available at UPenn Wharton, MIT, Yale, Northwestern
  • Part-Time MBA Program: Available at MIT, Harvard, Stanford, Columbia University
  • Online MBA Program: Available at Indiana University, University of North Carolina, University of Florida
  • Early Career MBA: Available at Chicago-Booth, UPenn Wharton, UCLA
  • Global MBA: Available at Harvard, New York University

MBA Colleges in USA: Admissions

The GPA, dates, TOEFL-iBT score, and work experience requirements for MBA programmes at American colleges and universities vary. International applicants must therefore start making plans for their studies at least 1.5 years in advance in order to give themselves enough time to process their visas after being accepted.

Intake for MBA in USA:

  • Fall Intake
  • Spring Intake
  • Summer Intake

Stanford Graduate School of Business

Stanford Graduate School of Business is one of the most competitive MBA colleges in USA. The school accepts merely 6% applicants every year for its MBA programmes out of thousands of applicants. Known for producing leaders of tomorrow, the school sees top-tier students from around the world aspiring to make a difference. At Stanford GSB, the student culture will push you in ways you could never do on your own. Stanford’s culture of collaboration creates an environment unlike any other in which students learn, lead, and grow with each other. Some of the most successful personalities like Mukesh Ambani and John F. Kennedy are associated with this school.   

Average Class profile for this course
Work Experience 4.6 years
Bachelors GPA / Percentage 3.7
GMAT Score Average 734
Percentage of International Students 43%
IELTS  7.0

Also Read: Top Universities in USA

Wharton Business School

Affiliated with the University of Pennsylvania, Wharton Business School is one of the toughest business schools in the world. Known throughout the world for their quality education and intensive MBA programmes. At Wharton Business School, students learn how to handle stressful situations, business and leadership skills that can enhance their careers. The business school has the largest alumni network with personalities like Elon Musk, Sundar Pichai and Warren Buffet! They consistently ranked as one of the top MBAs for Full Time Job Offers and 20-year earnings. As a Wharton MBA, you immediately add 100,000 Alumni to your personal network, a network that is constantly networking, mentoring, and learning.

Average Class profile for this course
Work Experience 5 years
Bachelors GPA / Percentage 3.6
GMAT Score Average 730
Percentage of International Students 33
IELTS  7.0

Also Read: MBA in USA without GMAT

MIT Sloan School of Management

MIT Sloan School of Management is another excellent MBA school in the world and ranked amongst the top MBA Colleges in USA. The school focuses on invention, business and technology. The MIT Sloan school offers regular MBA, executive MBA for leaders of tomorrow. It has courses like Master of Business Analytics and Finance to prepare candidates for the changing industries. At MIT Sloan. The students are committed to skills and qualities that can improve today and help in tomorrow’s advancement. The business school has produced excellent global leaders like Kofi Annan and Keiji Tachikawa.

Average Class profile for this course
Work Experience 5 years
Bachelors GPA / Percentage 3.6
GMAT Score Average 727
Percentage of International Students 41%
IELTS  7.0

Read on: MIT Acceptance Rate

Harvard Business School

Harvard Business School is easily the most impressive and amongst the top MBA colleges in the USA. With a vast alumni network, lowest acceptance rate and quality MBA programmes, executive programmes as well as doctoral degrees in management, studying at this business school is a feat in itself. The university provides its students with a global environment, incredible facilities and far-reaching networking opportunities in every field. Ratan Tata, Sheryl Sandberg and George W. Bush are a part of the alumni network of this school. 

Average Class profile for this course
Work Experience 55 Months
Bachelors GPA / Percentage 3.71
Student Age 27
Percentage of International Students 35
Average GMAT score 730
IELTS  7.0

Also Read: One- Year Management Courses in USA

Columbia Business School

YouTube: Columbia Business School

Ranked amongst the top MBA colleges in USA, the Columbia Business School is another excellent management school located in the city of dreams, New York! The school attracts some of the brightest minds from across the globe and remains one of the hardest schools. Columbia Business School is a pioneer in education in the country and has a global community of diverse thinkers and leaders with innovative solutions. Its alumni members are Vikram Pandit, Henry Kravis and James P. Gorman.

Average Class profile for this course
Work Experience 5 years
Bachelors GPA / Percentage 3.6
GMAT Score Average 726
Student Age 28
Percentage of International Students 44%
IELTS  7.0

Must Read: Columbia University Acceptance Rate

Haas School of Business, UC Berkeley

The Haas School of Business is amongst the top MBA colleges in USA. It is affiliated with the University of Berkeley in California. It is the second oldest business school with a 24% of acceptance rate. It’s known for imparting quality education and helps in building business fundamentals that informs confident leadership decisions. The business school has full-time, executive and weekend MBAs to graduates and working professionals. 

Average Class profile for this course
Work Experience 5 years
Bachelors GPA / Percentage 3.64
GMAT Score Average 717
Student Age 28 years
Percentage of International Students 38%
IELTS  7.0

MBA in USA for Indian Students

Indian students can attend the lowest MBA colleges in the United States. The average annual tuition rates for these institutions range from INR 10 lakhs to INR 17 lakhs.

  • University at Buffalo
  • Lamar University
  • Lowa State University
  • California Miaramar University

MBA Colleges in USA: Eligibility Criteria

The eligibility requirements for MBA programmes in the USA involve assessing applicants based on a number of criteria. Following is a list of some prerequisites that an overseas student must meet:

  • 16 years of education must be completed, which entails either completing a four-year bachelor’s programme or having a 10+2+4 education.
  • Scores from standardised exams: A high GMAT score is a prerequisite for admission to most business schools in the USA. GRE equivalents might be accepted by some universities.
  • Language Proficiency Scores: International applicants must provide their IELTS or TOEFL results as proof of their English language proficiency.
  • Work Experience: Applicants must typically have a minimum of three years of work experience in order to study MBA in the United States. However, this varies depending on the sort of MBA programme taken and from university to university.

List of top publicly funded MBA universities in USA

University Course Fee (in Rs)
Arizona State University 59.8 Lakhs
Texas A & M University 63.1 Lakhs
The University of Texas at Dallas 44.0 Lakhs
The University of Illinois at Chicago 37.9 Lakhs
University of New Haven 27.7 Lakhs

Job Opportunities after MBA in USA

  • Operations Manager
  • Project Manager
  • IT Manager
  • Executive Director
  • System Engineer
  • Human Resource Manager
  • Sales Manager
  • IT Consultants
  • HR Director
  • Office Manager
  • Marketing Manager

FAQs

How much does MBA cost in USA?

Approximately USD 73,000 (50-60LPA) per year.

Is MBA free in USA?

Studying MBA for free in the United States is difficult; there are few schools that provide tuition-free programmes. However, several universities in the United States offer full scholarships to MBA students.

Can I get a job after MBA in USA?

You’re eligible for optional practical training (OPT) once you finish your MBA programme, which is a 12-month term during which you can stay in the US and work. This gives you the flexibility to work in any industry connected to your topic of study.

Must Read: How to Apply for USA Student Visa in 2021?

The USA is home to some of the best MBA programmes and specializations. The top MBA colleges in USA are popular because of their high ROI, incredible placement opportunities and innovation centres that have supported some of the best start-ups in the world today. These colleges are also extremely hard to get through and require a stellar application form. Need help with your application to study MBA in the US? Feel free to contact our experts at Leverage Edu or drop a comment below if you have any queries or doubts. 

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