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Top MBA Programs
Although the challenge from Europe is rather strong, the USA remains the best business school centre in the world, with a huge range of MBA programs to choose from.
When you are faced with the dilemma of choosing the best MBA program that would fulfill all your requirements, it is essential that you compare apples to apples.
While ranking lists of MBA programs are made up on the basis of different criteria, several business schools regularly appear in most publications that provide lists of top MBA programs. Innovative curricula, best professors and a broad spectrum of degree options make these business schools unrivalled by other MBA programs of the USA.
Stanford University
Having the reputation of the most selective business school on the planet, Stanford GBS boasts the highest ratio of candidates to available seats. No other business school has acceptance rates that would be lower than those of Stanford (usually less than 10 percent).
About 380 students get the privilege of being selected for the Stanford’s full-time two-year MBA program each year. Although Stanford offers only a general degree in management, and no degrees in specialized areas of study, such as HR, finance, marketing, its students have an opportunity to earn an additional certificate in public management.
Harvard University
Only the best students get admitted to HBS as the entrance averages are highly competitive. The cost of a full-time MBA program is about $90,000, but it doesn’t scare away a huge number of business students all over the globe, who are a ready to take a chance and get into enormous debts to earn a degree from this prestigious business school. The students of Harvard school of business do a lot of research, producing over three-hundred articles and about thirty-five books every year. Harvard offers a general management degree and thus the degrees in specialized fields cannot be gained by its students.
University of Chicago
Known as the second oldest business school in the U.S., the University of Chicago offers a flexible MBA program with joint-degree offerings.
Unlike its peer institutions, Chicago Booth doesn’t impose a learning team system on its students and doesn’t require them to complete their coursework in a pre-determined order. Students are allowed to construct a program of study that meets their needs. Leadership Effectiveness and Development is the only required course. In addition, students can take part in various competitions and attend lab courses to gain invaluable experience in solving real-world business issues.
University of Pennsylvania
Penn's Wharton School, the first business school in the USA, also frequently pops up in the lists of top-tier business schools of the world. Wharton offers two options, a full-time MBA and an executive MBA. Wharton's major pride is its faculty which includes more than 270 leading experts in a variety of academic disciplines.
Northwestern University
The MBA program offered by Northwestern University differentiates itself by its flexible degree offerings. Northwestern University allows its students to earn their MBA degrees part-time and full-time. Executives who get admitted to Northwestern University are offered an EMBA program. As the program has a global focus, it is manadatory that students take at least one course related to international business.
The decision to embark on an MBA degree program is an important step. You'll certainly want to choose the best program. It’s great that rankings exist to help potential students decide what MBA program to apply. However, it could be wrong to base your decision solely on the rankings. Determine the factors that matter most to you and compile your own ranking accordingly to ensure that the program will be tailored to your needs.
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