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25 Best Undergraduate Business Schools in the World

Education
10 min read
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Uploaded on
May 16, 2023
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Last updated on
Jun 28, 2024
Uploaded on
May 16, 2023
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Last updated on
Jun 28, 2024

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25 Best Undergraduate Business Schools in the World
Let's talk about the best ones out there!

Forget the Wolf of Wall Street - craft your business legend at one of the top 25 undergraduate business schools in the world! These institutions are the breeding grounds for industry titans and tomorrow's moguls. You can network with alumni who could be your future boss, intern at Fortune 500 companies, and graduate with the skills to dominate the game. This is your chance to Be The Boss. Which school will be your launchpad to success? Find out now!

Core Learnings From Undergraduate Business Programs

The best undergraduate business schools in the world offer a comprehensive understanding of business practices and management basics. Here are some key learnings from these programs:

1. Core Business Knowledge: The best undergraduate business schools in the world equip students with a broad understanding of core business principles, including finance, marketing, human resources, operations, and strategy.

2. Entrepreneurship and Management Skills: The programs in the best undergraduate business programs in the world often focus on entrepreneurship and management. This prepares students to manage organisations or start their ventures.

3. Global Exposure: Studying at the best business schools in the world for undergraduates provides global exposure that goes beyond academics. It allows students to interact with diverse cultures, economies, and business practices.

4. Soft Skills Development: BBA programs help students develop soft skills such as leadership, communication, problem-solving, and teamwork.

5. Specialisations: Top BBA programs offer various specialisations catering to the evolving business world.

Benefits Of Undergraduate Business Schools

Getting a degree from the best undergraduate business schools in the world will help you manage every aspect of a business. It will equip you with the decision-making skills to understand what will work best for you and your business. You will easily be able to make the necessary strategy that will grow your business and enhance the market value of the business as well. Some of the benefits of studying at the best undergraduate business schools in the world are-

1. Real-World Experience: Many of the world's top undergraduate business schools incorporate practical experiences into their curriculum, providing students with valuable insights into the business world.

2. Development of Crucial Skills: Students develop essential skills such as communication, decision-making, and budgeting, which are vital in managing every aspect of a business.

3. Global Exposure: Studying at one of the best undergraduate business universities in the world contributes to personal growth and adaptability. It allows students to interact with diverse cultures, economies, and business practices.

4. Networking Opportunities: The best architecture schools in America provide opportunities to network with peers, faculty, and industry professionals, which can be beneficial for future career prospects.

5. Career Advancement: A degree from top architecture programs in the US can enhance your market value and open doors to various career opportunities

25 Best Undergraduate Business Schools in the World

While getting a business degree, what stands you apart from other competitors is the school. Hence, it is important to do thorough research about the best undergraduate business schools in the world. In our list, we have included the top undergraduate business schools in the world, along with their QS rankings, admission criteria, and best courses.

1. Massachusetts Institute of Technology (MIT)

Location: 77 Massachusetts Ave, Cambridge, MA 02139, USA

QS Ranking 2024: 1

Acceptance Rate: 4%

Admission Criteria: SAT- 1520-1580; ACT- 35-36

Fees: Upto $60,156 annually

The Massachusetts Institute of Technology (MIT) is known for its advanced research and is the epitome of quality and innovation. A pioneer in both education and technology, MIT provides specialised courses in engineering, business and other departments. Hence, it is one of the best undergrad business schools in the world.

Best Courses: 

1. Finance

2. Business Administration

3. Management Studies

2. University of Cambridge

Location: The Old Schools, Trinity Ln, Cambridge CB2 1TN

QS Ranking 2024: 2

Acceptance Rate: 21%

Admission Criteria: SAT- 1460+

Fees: Upto $67,000 annually 

Cambridge University, renowned for its academic excellence, excels in various disciplines, including business education. It offers top-notch undergraduate business programs and provides amazing scholarship opportunities for students. This prestigious institution sets the standard for the top undergraduate business schools in the world. ‍

Best Courses: 

1. Marketing

2. Business Economics

3. Finance

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3. Oxford University

Location: Wellington Square, Oxford OX1 2JD

QS Ranking 2024: 4

Acceptance Rate: 17.5%

Admission Criteria: GPA- 3.7/ 4; SAT- 1090+ 

Fees: $38,000 annually

Oxford University has one of the best undergraduate business programs in the world. It is known for its transdisciplinary Philosophy, Politics, and Economics (PPE) programs. However, getting admission to Oxford might be a difficult task, but not impossible. Hence, it is important to know the Oxford University admission criteria and deadlines to get the most out of it. 

Best Courses: 

1. Marketing

2. Accounting

3. Finance, Leadership 

4. Harvard University

Location: Massachusetts Hall, Cambridge, MA 02138, United States

QS Ranking 2024: 5

Acceptance Rate: 3.2%

Admission Criteria: GPA- 4.0; SAT- 1470+

Fees: $54,002 annually

Harvard University, renowned for academic excellence and history, offers the best undergraduate business schools in the world. These programs groom future business leaders with specialised Computer Science, Law, Engineering, and Psychology courses. If you are preparing for the best undergraduate business schools in the world, you can also apply for a scholarship in the USA.

Best Courses: 

1. Business Analytics

2. Economics for Managers

3. Management

5. Stanford University

Location: 450 Jane Stanford Way, Stanford, CA 94305, United States

QS Ranking 2024: 5

Acceptance Rate: 3.7%

Admission Criteria: GPA- 3.96/4; SAT- 1420+

Fees: $58,847

Stanford University is one of the top undergraduate business schools in the world. The university excels across all domains and offers exceptional undergraduate business programs, including specialised entrepreneurship, business management, and innovation courses. In fact, there are several notable alumni, such as Mukesh Ambani, Sundar Pichai, and Rishi Sunak. Now you know why Stanford is one of the most admired architecture schools?

Best Courses: 

1. Marketing Strategy

2. Finance

3. Business Analytics 

6. Imperial College London

Location: Exhibition Rd, South Kensington, London SW7 2AZ

QS Ranking 2024: 6

Acceptance Rate: 14.3%

Admission Criteria: GPA- 3.6/4; SAT- 1200+

Fees: $25,197 annually

Imperial College London is a symbol of academic excellence and research innovation. It is one of the top undergraduate business schools in the world and offers specialised courses in several business courses. In fact, Imperial College is also on the list of the top London colleges to study. The highlight of this college is that 14 Nobel laureates and three field medallists have graduated from it.

Best Courses: 

1. Business Analytics

2. Management

3. Finance

7. ETH Zurich

Location: Rämistrasse 101, 8092 Zürich, Switzerland

QS Ranking 2024: 7

Acceptance Rate: 27%

Admission Criteria: GPA- 3.2/4

Fees: $1460 annually

ETH Zurich, renowned for its innovation and academic prowess, offers some top programs. Their Bachelor of Data Science stands out, equipping students with skills in data analysis, decision-making, and business strategy. With specialised courses in Business and Management, ETH Zurich excels in multidisciplinary education, which is what makes it one of the best undergraduate business schools in the world.

Best Courses: 

1. Business

2. Management

3. Marketing 

8. National University, Singapore (NUS)

Location: 21 Lower Kent Ridge Rd, Singapore 119077

QS Ranking 2024: 8

Acceptance Rate: 10%

Admission Criteria: SAT- 1250+

Fees: $10,874 annually

The National University of Singapore (NUS) is renowned for its academic excellence and diverse, multicultural setting. It is one of the best undergraduate business schools in the world, offering specialised courses in business administration. NUS is also considered one of the most competitive universities in Singapore, with the lowest acceptance rate.

Best Courses: 

1. Marketing

2. Business Analytics

3. Management

9. University College London (UCL)

Location: Gower St, London WC1E 6BT

QS Ranking 2024: 9

Acceptance Rate: 63%

Admission Criteria: GPA- 3.4; SAT- 1490+

Fees: $24,000 annually 

University College London (UCL) is renowned for its global presence and interdisciplinary programs, particularly its top undergraduate business school in the world. UCL offers a Bachelor of Business Administration (BBA), emphasising data analysis and decision-making. Offering diverse opportunities for students, making it one of the top undergraduate business schools in the world. 

Best Courses: 

1. Business Analytics

2. Management

3. Marketing

10. University of Chicago

Location: 5801 S Ellis Ave, Chicago, IL 60637, United States

QS Ranking 2024: 11

Acceptance Rate: 5.4%

Admission Criteria: SAT- 1420+

Fees: $59,298 annually

The University of Chicago, renowned for its intellectual rigour and pioneering research, consistently pushes the boundaries of academic excellence. It is considered one of the best undergraduate business schools in the world, offering specialised courses in Economics, Political Science, Literature, Humanities, Business, and Behavioral Sciences. In fact, several amazing and popular universities in Chicago provide the best education to students. 

Best Courses: 

1. Business

2. Marketing

3. Economics

11. Cornell University

Location: Ithaca, NY 14850, United States

QS Ranking 2024: 13

Acceptance Rate: 7.5%

Admission Criteria: GPA- 3.5/4; SAT- 1390+

Fees: $59,282 annually 

With excellent academic and campus life, Cornell University, known for its successful collaborations, has a special business education program. It offers specialised courses such as Business Financial Management. ‍The university was also placed 12th in the 2024 National University Rankings by U.S. News & World Report. With its picturesque campus and vibrant student life, Cornell offers a fulfilling college experience. In fact, Cornell University is one of the Ivy League schools with the most beautiful university campuses in the US. Hence, it is one of the best undergraduate business schools in the world. 

Best Courses: 

1. Finance

2. Accounting

3. Marketing

12. University of Pennsylvania 

Location: Philadelphia, PA 19104, United States

QS Ranking 2024: 12

Acceptance Rate: 6.5%

Admission Criteria: GPA- 3.9

Fees: $55,584 annually 

The University of Pennsylvania is an Ivy League institution renowned for its academic excellence and entrepreneurial spirit. It is one of the top undergraduate business schools in the world and stands as a global leader in business education, providing premier undergraduate programs in business administration. Notable alumni include Elon Musk, John Legend, and Sundar Pichai. 

Best Courses: 

1. Marketing

2. Finance

3. Business

13. California Institute of Technology

Location: 1200 E California Blvd, Pasadena, CA 91125, United States

QS Ranking 2024: 15

Acceptance Rate: 2.7%

Admission Criteria: GPA- 3.5/4; SAT- 1520+

Fees: $56,862 annually

Caltech is considered one of the best undergraduate business schools in the world. It is globally recognised for its challenging curriculum and pioneering research. Caltech provides a BSc in Mathematics and Finance, offering expertise in financial modelling, risk management, and investment strategies. The university has a competitive admissions process, ensuring that only a small number of the most gifted students are admitted.

Best Courses: 

1. Business

2. Economics

3. Management

‍14. Yale University

Location: New Haven, CT 06520, United States

QS Ranking 2024: 16

Acceptance Rate: 4.6%

Admission Criteria: GPA- 4.0; SAT- 1450+

Fees: $59,950 annually

Yale University stands as an emblem of academic excellence and intellectual exploration. Renowned for its diverse strengths, including top undergraduate business programs, Yale offers a unique Bachelor of Economics with concentrations in Finance or International Business. Hence, Yale is one of the top undergraduate business schools in the world. Yale is known for producing many famous people, and hence the list of Yale notable alumni stretches miles.

Best Courses: 

1. Accountancy

2. Business

3. Management

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‍15. Peking University

Location: 5 Yiheyuan Rd, Haidian District, Beijing, China, 100871

QS Ranking 2024: 17

Acceptance Rate: 20%

Admission Criteria: GPA- 2.5

Fees: $5,171 annually

Peking University is an emblem of Chinese intellectual excellence. It is renowned across various disciplines and is notably one of the top undergraduate business schools in the world. It offers a BBA program that fosters a strong business, management, and leadership foundation. Since the acceptance rate is around 29%, you need to prepare thoroughly for your GMAT exam.

Best Courses: 

1. Business

2. Marketing

3. Management

‍16. Princeton University

Location: Princeton, NJ 08544, United States

QS Ranking 2024: 17

Acceptance Rate: 6%

Admission Criteria: GPA- 3.9/4; SAT- 1460+

Fees: $55,370 annually 

Princeton University, renowned for its academic prowess and vibrant culture, is a top choice among the top undergraduate business schools in the world. Its rigorous curriculum fosters curiosity and innovation. Princeton is one of the major Ivy League universities in the states and has a low acceptance rate in the USA. 

Best Courses: 

1. Business

2. Accountancy

3. Marketing

17. Nanyang Technological University, Singapore (NTU Singapore)

Location: 50 Nanyang Ave, Singapore 639798

QS Ranking 2024: 19

Acceptance Rate: 35%

Admission Criteria: GPA- 3.8/4; SAT- 1250+

Fees: $25,152. Annually 

Nanyang Technological University (NTU) in Singapore ranks among the best undergraduate business schools in the world. Renowned for technological advancements and industrial research centres, NTU offers exceptional undergraduate business programs. Its BA in Accounting emphasises business and financial management fundamentals.

Best Courses: 

1. Business Law

2. Accounting

3. Marketing

18. University of Toronto

Location: 27 King's College Cir, Toronto, ON M5S 1A1, Canada

QS Ranking 2024: 21

Acceptance Rate: 43%

Admission Criteria: GPA- 3.7/4; SAT- 1330+

Fees: $18,432 annually 

The University of Toronto is a premier institution in Canada. It offers the best undergraduate business programs, imparting essential business skills. The curriculum prepares students to tackle diverse business challenges. It is one of the top undergraduate business schools in the world. Not surprisingly, Toronto has one of the most competitive acceptance rates in Canada, at nearly 43%. 

Best Courses: 

1. Business Analytics

2. Management

3. Marketing

19. The University of Edinburgh

Location: Old College, South Bridge, Edinburgh EH8 9YL

QS Ranking 2024: 22

Acceptance Rate: 10%

Admission Criteria: GPA-3.5; SAT- 1290+

Fees: $36,058 annually

The University of Edinburgh stands out as one of the best undergraduate business schools in the world. Renowned for excellence, it offers a BBA program that imparts essential business knowledge, emphasising models, strategies, and skills. Teviot House, Edinburgh University's custom-built Student Union building, is the oldest of its kind in the world. The university is home to one of the two oldest literary awards in Britain: the James Tait Black Memorial Prize.

Best Courses: 

1. Accounting

2. Finance

3. Business Analytics

20. The University of Tokyo

Location: 7 Chome-3-1 Hongo, Bunkyo City, Tokyo 113-8654, Japan

QS Ranking 2024: 23

Acceptance Rate: 34.2%

Admission Criteria: GPA- 3.2/4; TOEFL- 79

Fees: $3,709 annually 

The University of Tokyo is renowned for academic excellence and research. Its multidisciplinary approach, emphasising innovation, equips students with strong foundations in various BBA courses, making it one of the top undergraduate business schools in the world. Since TOEFL is also one of the major admission requirements in this institution, it is important to understand and study for the exam thoroughly. Amber has curated an overview of TOEFL that includes exam fees, syllabi, and scores.

Best Courses: 

1. Economics

2. Business Administration

3. Marketing

21. Tsinghua University

Location: 30 Shuangqing Rd, 蓝旗营 Haidian District, Beijing, China, 100190

QS Ranking 2024: 25

Acceptance Rate: 30%

Admission Criteria: GPA- 3.5/4; GMAT- 720

Fees: $4,918 annually 

Tsinghua University, renowned for excellence and innovation, shines as one of the top undergraduate business schools in the world. Courses like Entrepreneurship and Financial Management enhance its undergraduate business program. In fact, Tsinghua University is regarded as one of the best and most selective universities in China, with more than 4,000 international students from over 130 countries enrolled. This makes it one of the best undergraduate business universities in the world.

Best Courses: 

1. Entrepreneurship

2. Marketing

3. Finance

‍22. EPFL

Location: Rte Cantonale, 1015 Lausanne, Switzerland Campus: Urban

QS Ranking 2024: 36

Acceptance Rate: 27%

Admission Criteria: GPA- 3.0/4

Fees: $1071

Ecole Polytechnique Federale de Lausanne (EPFL) is renowned for its innovative and high-quality education. It stands out among the best undergraduate business schools in the world, recognized for its excellence in Science and technology. It fosters a profound understanding of business within a technological context. It welcomes students, professors, and collaborators of more than 120 nationalities. EPFL has both a Swiss and international vocation and focuses on three missions: teaching, research, and innovation.

Best Courses: 

1. Microeconomics

2. New Business Management 

3. Business Technology

‍23. Duke University

Location: Durham, NC 27708, United States

QS Ranking 2024: 50

Acceptance Rate: 6.3%

Admission Criteria: GPA- 3.8/4; ACT- 32

Fees: $60,989 annually

Duke University is renowned for its collaborative learning environment and rigorous academics. It is one of the top undergraduate business schools in the world. It imparts a solid foundation in business fundamentals, offering internships and case studies for practical learning. While Duke students come from all 50 states and more than 100 countries around the globe, they are united by their curiosity and community-mindedness.

Best Courses: 

1. Economics

2. Entrepreneurship

3. Marketing

24. Brown University

Location: Providence, RI 02912, United States

QS Ranking 2024: 63

Acceptance Rate: 5.1%

Admission Criteria: GPA- 3.5/4; SAT- 1488+

Fees: $60,952 annually 

Brown University, nestled in Rhode Island, USA, stands as a global benchmark for liberal arts education. It is also considered one of the world's best undergraduate business schools. With an emphasis on problem-solving, critical thinking, and ethical business decision-making, Brown University is famous for its BBA degrees. Brown University offers almost 2,500 courses across over 80 undergraduate and 84 graduate programs. With 1,429 faculty members, students can gain ample personalised attention and insight in their classes. Brown is known for its academic value and world-class research.

Best Courses: 

1. Economics

2. Marketing

3. Business Administration

25. University of Washington

Location: 1410 NE Campus Pkwy, Seattle, WA 98195, United States

QS Ranking 2024: 80

Acceptance Rate: 48%

Admission Criteria: GPA- 3/4; SAT- 1310+

Fees: $39,947 annually

The University of Washington in Seattle is renowned for its academic excellence. Its programs cover essential business fundamentals. The university prioritises experiential learning, provides students with real-world application opportunities, and fosters an engaged student community. It is one of the best undergraduate business schools in the world and one of the oldest universities on the West Coast of the United States.

Best Courses: 

1. Accounting

2. Business Analytics

3. Entrepreneurship‍

From the Ivy League to leading institutions in Europe and Asia, each school offers a unique blend of the best undergraduate business schools in the world. Menlo Coaching's in-depth profiles of the best undergraduate business schools can also help you make an informed decision about your college strategy.

Frequently Asked Questions

Do the best business schools in the world undergraduate courses shape future CEOs?

The Bachelor of Arts and Bachelor of Business Administration were the most popular undergraduate degrees among Fortune 100 CEOs.

‍

Which one of the best BBA programs in the world pays the most?

Finance, accounting, IT and human resources are some of the highest-paying industries because they have a lot of capital and demand.

‍

Which business study makes the most money?

Actuarial Science is at the top of the list of the highest-paying business majors and can earn you a median base salary of $134,400.

‍

Which country is the best for finance study?

The United States is seen as the finance capital of the world with top universities, excellent job outlook, and high median salary. It also has the best business undergraduate programs in the world.

‍

What are the top three business schools in the world?

The top 3 best undergraduate business schools worldwide are Stanford Graduate School of Business, the University of Chicago (Booth), and Harvard University.

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