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5 Min Read·Nov 16, 2023·Last updated on Dec 10, 2025

Best MBA Programs in the World

Pursuing an MBA will help you advance your career in the business world. From learning excellent management skills and establishing connections with business people to earning high salaries and getting business opportunities, an MBA degree will help you do it all! Many of the top universities and colleges in the world offer MBA programs in various fields. In this blog, we will explore the best MBA programs in the world. Let’s dive right into it!

Best MBA Programs in the World

If you’re thinking about pursuing an MBA and making your mark in the business world, then we want to tell you that it's a wonderful decision. Getting an MBA will definitely open doors of career opportunities for you! Let’s look into the best MBA programs in the world. Meanwhile, you can also read our blog on the best executive MBA programs.

1. Harvard Business School

Duration of MBA: 2 years
Exams Required: GMAT or GRE & English language test
Application Deadline: 3 January 2024

Harvard Business School offers one of the best MBA programs in the world. Doing this two-year MBA course will help you gain in-depth insights into general management and leadership skills with real-world experience. With an MBA degree at Harvard, you will also get the chance to know about and meet real business leaders and learn how to make difficult decisions in business. You can then apply this knowledge in the field and independent studies to get hands-on experience. 

2. Stanford University

Duration of MBA: 2 years
Exams Required: GMAT or GRE & English language test
Application Deadline: 4 January 2024

Ranked #5 in QS World University Rankings, Stanford University offers one of the top MBA courses in the world. Pursuing an MBA from Stanford will help you sharpen your management instincts, design & prototype solutions, and learn how to transform organisations. The course is taught by best-in-class faculty, offering you both theoretical knowledge and hands-on experience about the functioning of the business world.

3. INSEAD (Institut Européen d'Administration des Affaires)

Duration of MBA: 10 months
Exams Required: GMAT or GRE & English language test
Application Deadline: 16 January 2024

Taking pride in its continuous innovation, INSEAD offers one of the best MBA courses in the world. INSEAD has been ranked 1st in the One-Year MBA Program 2019 by Forbes and 2nd in the Global MBA Program Ranking 2023 by Financial Times. With a keen focus on sustainability, the university has updated its MBA curriculum, imparting education on managing risks and opportunities, making informed decisions, and coming up with creative solutions to address global challenges. 

4. London Business School

Duration of MBA: 2 years
Exams Required: GMAT
Application Deadline: 3 January 2024

A business school and constituent college of the Federal University of London, the London Business School also offers one of the best MBA programs in the world. Ranked #10 in QS WUR Ranking by Subject, studying at the London Business School means being part of a tight-knit international community of 50,000+ students spanning 156 countries and countless industries. Students pursuing an MBA from this university will get the opportunity to develop new business, leadership, and business skills, form a lifelong network of trusted peers, and a chance to connect with industry leaders and organisations. You will also learn to form leadership and general management tools required for business success.

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5. University of Toronto - Rotman School of Management

Duration of MBA: 2 years
Exams Required: GMAT or GRE & TOEFL iBT or IELTS
Application Deadline: 12 January 2024

Transform your future by pursuing an MBA from the University of Toronto - Rotman School of Management, which offers one of the top MBA programs in the world. The university has been ranked #21 in QS World University Rankings. The MBA program at Rotman School of Management offers 16 months of academic study, followed by a 4-month opportunity to pursue a paid internship. In this course, you will learn about the unique problem-solving and creative methodology with the fundamentals of business. You will not only gain academic knowledge but also a chance to develop practical skills required for business success.

6. HEC Paris

Duration of MBA: 16 months
Exams Required: GMAT or GRE & TOEFL, IELTS, TOEIC, PTE or Cambridge English Exam
Application Deadline: 13 November 2023

HEC Paris ranked #4 Worldwide in QS Global MBA Rankings 2023, offers one of the best MBA programs in the world. As per the 2017 Times Higher Education Alma Mater Index, HEC Paris has graduated more CEOs of Fortune Global 500 companies than any other university in Europe. The MBA program at HEC Paris will help students learn new business skills and gain hands-on learning and leadership opportunities. The course shapes the leaders of tomorrow with a rigorous combination of academic knowledge and learning by doing. 

7. New York University - Leonard N. Stern School of Business

Duration of MBA:
Exams Required: GMAT, GRE, LSAT, MCAT, or DAT & TOEFL, IELTS, or DET
Application Deadline: 18 January 2024

Ranked #38 in QS World University Rankings, New York University also offers one of the best MBA programs in the world. The MBA program at Stern will enable you to turn uncertainty into an opportunity for innovation. The course will offer you excellent academic learning with practical experiences in the business landscape.

8. University of Oxford- Said Business School

Duration of MBA: 1 year
Exams Required: GMAT or GRE & English language test
Application Deadline: 5 January 2024

The University of Oxford - Said Business School also offers one of the best MBA programs in the world. It has been ranked #3 in QS World University Rankings. The MBA course offers students a strong foundation in core business principles while also helping them broaden their perspectives and understanding of the role of business in society. Pursuing this MBA program will also expose you to a globally connected network, connect with students with diverse backgrounds, and offer excellent career opportunities. 

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9. University of Pennsylvania - Wharton

Duration of MBA: 2 years
Exams Required: GMAT or GRE & English language test
Application Deadline: 4 January 2024

Ranked #12 in QS World University Rankings, the University of Pennsylvania offers one of the top MBA programs in the world. The MBA course will cover business fundamentals and leadership, communication, and analytical skills that are crucial for business success. You will also learn about marketing management, microeconomics, and management communication. Doing this best MBA program from the University of Pennsylvania is a decision you won’t regret!

10. Duke University

Duration of MBA: 2 years
Exams Required: GMAT or GRE
Application Deadline: 9 January 2024

Duke University also offers one of the best MBA courses in the world. It has been ranked #57 in the QS World University Rankings. This MBA program will help you develop skills to analyse options, broaden your perspectives, and take a new approach to work. You will also explore different models and tools to resolve managerial problems, prepare you to lead, and enable you to make informed decisions.

Studying for an MBA is a crucial decision that will open doors of opportunities for you in the business and management industry. The best MBA programs in the world offered by the top universities around the world will not only provide excellent academic knowledge but also real-world experiences, develop leadership skills, and opportunity to network with peers and industry experts. 

Frequently Asked Questions

What exams are required for MBA admissions at the top universities?

For most top MBA programs in the world, you typically need to take exams like GMAT or GRE, along with an English proficiency test such as TOEFL, IELTS, or DET, if applicable.

What are the typical admission requirements for the best MBA programs in the world?

Admission requirements for the best MBA programs in the world often include a bachelor’s degree, standardised test scores, letters of recommendation, a resume, and a statement of purpose. Some programs may also require work experience.

What are the primary benefits of earning an MBA degree?

The benefits of earning an MBA degree include career advancement, higher earning potential, expanded network, development of leadership and management skills, and exposure to various business disciplines.

How can I finance my MBA education?

Financing an MBA can be done through scholarships, grants, loans, part-time work, employer sponsorship, and fellowships. Many schools also offer financial aid and scholarships to qualified candidates.

How do I prepare for the GMAT or GRE exams for admission to the best MBA programs in the world?

To prepare for the GMAT or GRE, you can use test prep books, online courses, practice tests, and tutoring services. Study consistently, understand the test format, and practice time management. 

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