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Top B Schools in World: Reasons, Rankings, About, Salary, Eligibility

Anubha Singh

Updated on 29th December, 2023 , 4 min read

Top B Schools in World Overview

Choosing to pursue an MBA from a Top B school, is a significant investment of Time, effort and finances. Completing the MBA degree from Top B school has various advantages in career prospects and personal development. The potential gains post-MBA from Top B schools in the world include career advancement, knowledge acquisition, and networking advancement which can become crucial contributors in achieving success in the professional journey.

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Reasons to Choose Top-B Schools in World

 

  • Quality Education: Globally known prestigious institutions are known for their curriculum with expert faculties. They provide quality resources and up-to-date business knowledge. 
     
  • Brand value and Brand Credibility: Completing an MBA from a Top B school in world helps in career advancement because of its brand value, prestige, and credibility.  
     
  • Networking Opportunities: Top B schools have a diversity of talented individuals. Building connections is invaluable for prosperous career opportunities.
     
  • Career Advancement: MBA from Top B schools in the world can open doors to various avenues of career prospects. Top companies prefer students from top-tier B- Schools
     
  • Alumni Network: The Alumni network is very strong and well-connected. Alumina's can be a mentor, give career advice and help in job opportunities.
     
  • Diverse Range of Programs: Prestigious universities provide diverse programs and courses. Allowing students to tailor their education to align with their career advancements. 

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Top-B Schools in World: Ranking

Top B school rankings can change over time. It depends upon various factors like Faculty expertise, Academic reputation, Alumni success, Placements, etc. The table below lists the latest ranking of Top - B Schools in world. 

Name of the College

Financial Times Ranking

QS Ranking

US News Ranking

University of Chicago (Booth)

11

14

1

IESE Business School

3

9

 

Kellogg School of Management at Northwestern University (Kellogg)

9

12

2

Wharton School at University of Pennsylvania (Wharton)

18

2

3

Sloan School of Management at Massachusetts Institute of Technology 

11

6

4

Harvard University

4

3

5

INSEAD

2

11

 

Graduate School of Business at Stanford University

4

1

6

Yale University

10

16

8

New York University (Stern)

19

17

10

Columbia University

1

7

11

Duke University (Fuqua) 

11

23

11

London School of Business

16

4

554

Cornell University 

8

13

15

 

About TOP B- Schools in World

Graduate School of Business at Stanford University

Admitting only 6% of applications, the Graduate School of Business at Stanford University is a private research university. For several years the university has been one of the top choices amongst students. Graduate School of Business offers a full time traditional MBA program for a duration of 2 years or 24 months. It has associations with Harvard Business School, for Executive MBA. It also coordinates with MIT and London Business School for various fellowship programs

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Highlights:

Mean Based Salary: $ 182,272

Median Based Salary: $175,000
GPA Required: 3.8

The Wharton School - University of Pennsylvania, USA

Established in 1881, it is the world’s oldest Business university. It is a private Ivy League University.  Wharton School offers Full Time MBA course and Executive MBA. Students have the choice to pursue dual degrees. Wharton is a part of the Wharton- INSEAD partnership where students will get a chance to study at a partner school for one period of the program.

 

Highlights: 

Mean Based Salary: $ 190,000

Median Based Salary: $175,000
GPA Required: 3.6

Columbia University
Part of one of the six Ivy schools, Columbia Business School is a private research university, established in 1916. With a full-time faculty of 152, this business school has 28 centers and programs to its name. The executive MBA program is for a duration of 20 months and classes commence only on Fridays and Saturdays. 

 

Highlights:

Mean Based Salary: $400,000
Median Based Salary: $ 180,000

GPA Required: 3.6

Harvard University

Harvard Business School has consistently ranked on the top for many years. With some notable alumni, this school of business believes in producing leaders through its MBA. The university offers various online certificate courses. Harvard Business school also provides a 50% Need based scholarship for the students. 

 

Highlights:

Mean Based Salary: $200,000
Median Based Salary: $ 175,000

GPA Required: 3.73

INSEAD

INSEAD has two campuses - the Central campus is in France and the second campus is in Singapore. It is a non-profit Graduate Business School. It offers Full-Time MBA courses as well as an Executive MBA. The admissions take place in two intakes, that is, January and August. It admits only 12% of students from every nationality. The university has a strong reputation in Entrepreneurship

 

Highlights:

Mean Based Salary: $113,000
Median Based Salary: $ 26,900

GPA Required: Does not have Minimum GPA requirement

 

IESE Business School

Affiliated to the University of Navarra, IESE Business School is among the Top B Schools in world. It offers a full-time 2-year MBA degree along with an Executive MBA. Being a forefront in Business courses, it has 5 campuses and MBA programs are offered in the campuses of Barcelona, Munich and Sao paulo. 

 

Highlights:

Mean Based Salary: $125,000
Median Based Salary: $ 97,58

GPA Required: 3.15

Kellogg School of Management at Northwestern University (Kellogg)

Founded in 1908, as a college of commerce, Kellogg School of Management at Northwestern University is a private research university. This is the first B School in world to mandate interviews for all applicants. The vision was to evaluate their leadership capabilities and compatibility with Kellogg's collaborative atmosphere. Kellog’s offers Full- Time MBA, Executive MBA, MBAi which will incorporate agile skills in students pursuing the course. The duration of the programs is two years, one year, and 15 months respectively. Kellogg's also offers Evening and weekend MBA for working professionals.

 

Highlights:

Mean Based Salary: $206,000
Median Based Salary: $ 15,000 - $165,000

GPA Required: 3.7

 

TOP B- Schools in World: Eligibility

 

  • Good Academic Scores: Students are required to fulfill minimum GPA criteria which varies from institution to institution.
     
  • Work Experience: Top B schools in world prefer students with relevant work experience of more than 2 years.
     
  • Standardized Exam Scores: Required scores in GMAT and GRE, along with required minimum scores in TOEFL and IELTS are essential for admission in top B schools.
     
  • Letter of Recommendation and  Essays: While applying for B Schools students should personalize their LORs, SOPs and essays showing their strength and involvement in extracurricular activities. 
 

Frequently Asked Questions

What is B School?

Famously known as MBA. B School is an abbreviation for Business school specializing in business and management subjects.

Hardest business school to get admission in ?

Stanford Business Schools is one of the six Ivy Schools. With an acceptance rate of only 6.9%, it is the most prestigious and competitive school to get into.

How do I get into Top B schools in world?

Apart from Good academic scores, GMAT, GRE, TOEFL, IELTS score. Intellectual aptitude skills, Interpersonal skills, Leadership qualities can help students qualify for top B schools in world.

Which business school is easiest to get admission in?

Northern Arizona University Franke College of Business with an acceptance rate of 97%, Purdue University Krannert School of Business with an acceptance rate of 90%, University of Kansas School of Business with an acceptance rate of 89% are some of the universities easiest to get into based on the acceptance rate

What are B schools looking for in Students?

Students who are an all rounder, having soft and technical skill sets are most eligible for Top B schools in world.

What is the acceptance rate of Top B schools in world?

It varies from educational institutions to institutions. Lowest acceptance rate is 6.9% in Stanford University. Acceptance rate of other colleges can go up to 30% - 35 %

How do students benefit from attending Top B schools?

After attending Top B schools in world, students have great options for career advancement, personal development, knowledge acquisition and networking opportunities for students seeking successful careers.

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