Best MBA Degrees
Best MBA Degrees
Best MBA Degrees
Best MBA Degrees
An internationally recognized degree, an MBA helps business students broaden their career potential by giving the hands-on business experience in business and management.
At College Choice, we’re here to help you advance your business career by organizing information on the best MBA programs that fit your current professional and financial criteria.
For those already mid-career looking to add an MBA, check out our ranking of the Top Online MBA Rankings .
Both a terminal degree and a professional degree, the MBA challenges students in a variety of business-related areas, such as marketing, finance, human resources, operations, and accounting.
Most MBA degrees take two years to complete and are offered in a variety of ways to accommodate the full-time business person—full-time, part-time, executive (night/weekend classes), and through distance learning programs online.
People pursue MBAs for a variety of reasons, here are just a few:
- Reason #1: You will meet others like you who have a passion for business, career growth, and strive toward achievement. No matter your personality, you will leave your MBA with life-long friends who will expand your network.
- Reason #2: You will receive a well-round business education and gain a greater understanding for your skills and passions. The MBA offers the opportunity to grow in areas of business in which you currently need improvement, and reinforce specific skill-sets that are already strong.
- Reason #3: You will learn to communicate effectively and work collaboratively across departments. During your time in school, you’ll sharpen your pitching skills by crafting papers, emails, and presentations as well as be given the opportunity to learn how different communication skills function within teams and across company divisions.
Best Online MBA Programs
Most Affordable MBA Programs
What Are the Best MBA Programs?
At College Choice, we want to see you thrive in a graduate degree program. We also want you to make an informed decision as you research your next move. Our data pages about the top MBA programs will help you understand your options.
We’ve taken a diversity of factors and sources into account when making our rankings. The first source is actual college students polled during a countrywide survey published by the Higher Education Research Institute at UCLA .
These students rated academic standing, financial aid contributions, overall cost of school, and the survey also took into account graduate success rates on the post-college job market. These factors were weighed equally alongside data from other publicly available sources, including U.S. News & World Report, the National Center for Education Statistics, and PayScale.com .
University of Pennsylvania
College Choice Score: 100
The University of Pennsylvania is a private, Ivy League institution that caters to the ambitious working professional. This school confers the Master of Business Administration to a select group of candidates. The university is regionally accredited by the MSCHE and holds independent accreditation by the AACSB International.
The Wharton MBA program, so named after the Wharton School of Business, is one of the most selective and competitive programs in the country. Less than 10 percent of students accepted into the University of Pennsylvania get accepted into the MBA program. This is why students are encouraged to look over admissions requirements early and to apply as soon as possible.
The MBA program at Wharton is also one of the most extensive. This degree alone covers over 19 majors and dozens of concentrations, all specifically designed to be useful in a business setting. And if a student’s choice for focus area does not exist, they always retain the right to create their own.
This program requires 19 credit units for graduation. A three and a half month internship is also strongly encouraged but not necessary for the completion of this program. Sample courses include International Business Markets, Managerial Accounting, and Business and Legal Ethics in a Global Environment.
College Choice Score: 99.47
Harvard University is among the top three universities in America. It is a private, Ivy League university that is located in Cambridge, Massachusetts. Students will find one of the most respected Master of Business Administration degrees housed here. This school is regionally accredited by the NEASC.
Competition to get into Harvard is fierce, with only five percent of students who apply granted admittance every year. This makes the MBA program, which is one of the most popular programs at this school, extremely competitive, so students are advised to apply early.
The Harvard Business School, where this degree is housed, is an incredible program that is always ranked in the top ten of any business ranking, both here at home and internationally. The school currently enjoys top-ten rankings with The Princeton Review, The Economist, and U.S. News and World Report.
This degree requires 45 credit hours for completion of the program. This includes field experiences and practicums. Sample courses include Leadership and Organizational Behavior, Financial Reporting and Control, and Technology and Operations Management.
University of California—Berkeley
College Choice Score: 97.07
The University of California at Berkeley is home to the Haas School of Business, one of the world’s leading business schools for professionals. This school confers the Master of Business Administration, a degree that all professionals in the business industry could benefit from. This university is regionally accredited by the WASC SCUC. Haas holds special accreditation by the AACSB International.
There is a large international emphasis on business study at Haas, so much so that international experiences are now a requirement for the M.B.A. degree. These experiences can range from just one week to an entire semester and afford students the opportunity to learn about business in an international setting. The international immersion aspect is part of why this school is so popular with business professionals.
There is also a requirement for Applied Innovation. This is a course that all students take that reflect the current challenges that real-world businesses are facing today. Students work in teams to research, identify, and analyze a problem; they then present their findings and solutions to actual clients.
This is a comprehensive degree that requires 56 credits of course work, international immersion trips, and more. Students can feasibly complete this degree in 18 months, but most take up to three years to complete all the requirements. Sample courses include Strategic Leadership, Marketing Management, and Ethics and Responsibility in Business.
College Choice Score: 96.14
Stanford University is considered to be one of the best schools on the West Coast for business graduates. This school, which is located in Stanford, California, confers the Master of Business Administration, which offers students a personalized curriculum and global experiences to prepare them to become business professionals. This university is regionally accredited by the WASC SCUC.
A personalized curriculum is the hallmark of Stanford’s MBA program. Unlike many other M.B.A. schools, Stanford encourages students to build on their general management education by taking courses at other Stanford schools, embarking on a dual degree, or taking seminars and electives that complement the MBA. This personalization generally happens the second year of the degree, allowing the students to focus first on general management courses and global experiences their first year.
Global experiences are mandatory at Stanford, and it can be a great way for students to learn about business in an international sense. Programs include the popular Global Management Immersion Experience, a four-week program in the summer that includes working for an international business on case studies; Global Seminars, a ten-day trip to a country where students will learn in teams; and Global Study Trips, which is also a ten-day trip to a partner country that explores one facet of international business. Students can choose two or three experiences, but at least one is required for graduation.
This degree requires 39 credit hours of coursework and global immersion trips. The MBA at Stanford is only available as a full-time, on-campus degree. Sample courses include Debt Markets, Private Equity in Frontier Markets, and Social Entrepreneurship and Social Innovation.
College Choice Score: 94.67
Northwestern University is a private university that is located in Evanston, Illinois, that is known for having a high number of women graduating from the MBA program every year. This school also has options for dual degrees and concentration. Northwestern holds regional accreditation by the NCACS THLC.
Northwestern’s Kellogg School of Management has a variety of business administration plan options, including a One-Year and Two-Year MBA program. The school also offers a JD-MBA and a MMM program for students interested in dual degrees. No matter what format a student chooses, the MBA can be earned in less than three years.
The university prepares its students for work in the business sector by offering experiential learning practices. This is a format that prepares students for real-world problems by providing real-world case scenarios that students must then analyze and then solve, offering their solutions to real clients. It is one of the best ways to learn about business, and it is here where Northwestern University thrives.
This degree requires 60 credit hours for graduation, including a Business Core and a final project. Students will find that these requirements are easily completed within two traditional academic years. Sample courses include Leadership in Organizations, Accounting for Decision Making, and Marketing Management.
University of Chicago
College Choice Score: 92.93
The University of Chicago is well known for its Booth School of Business, which is one of the top business schools in America. Students come here to earn a Master in Business Administration from a strong curriculum that is led by a faculty that is staffed by current business professionals. This school holds regional accreditation by the NCACS THLC.
Chicago Booth’s MBA is buoyed by a flexible curriculum, lab courses, experiential learning, and through an integrative learning method in all courses. This is because Chicago Booth believes in giving students the ability to think outside the box and come up with their own solutions to real-world problems, preparing them for roles in leadership in the business sector.
The school is also known for its international programs. These programs, which provide MBA candidates with real-world experience in the business industry, were created to ensure that all business students understand that the global marketplace is becoming more important as we move into a new economic age.
The Chicago Booth MBA consists of 60 credit hours and the school’s Leadership Effectiveness and Development Program. Students will also be required to declare a concentration from the 14 options provided and complete a team project. Courses include The Legal Infrastructure of Business, Consumer Behavior, and Supply Chain Strategy and Practice.
College Choice Score: 92.71
Yale University is one of the oldest and most prestigious universities on this list, so it will come as no surprise that it is praised for its business degrees. This school, which is located in New Haven, Connecticut, confers the both Master of Business Administration and the Executive Master of Business Administration. The university is regionally accredited by the NEASC.
One of the best features of learning at Yale is that its faculty members not only hail from all over the world, they are actual business professionals who have years of experience in the field. This, coupled with the school’s unique curriculum, make it one of the best MBA programs in the country.
Yale’s MBA program has a lot in common with the EMBA program. Both are taught in an integrated format, meaning that students learn the fundamentals first, prior to moving on to learning more advanced concepts and putting their skills to work by working on raw cases.
The raw case approach, a phrase coined by the university, is a real-world case study that students endeavor to solve with the help of their professor. The case is presented to students, along with interviews from actors in the case, and allows students the chance to work in small teams to build an analysis. This approach mimics the business world, ensuring that students are comfortable in the environment prior to graduation.
Both MBA and Executive M.B.A. programs require 72 quarter credits of coursework, including unlimited electives, a study abroad opportunity, and a capstone project. Sample courses include Monetary Policy, Corporate Finance, and Mastering Influence and Persuasion. These degrees can be completed in as little as 22 months.
University of Virginia
College Choice Score: 91.30
The University of Virginia is often referred to as the South’s Public Ivy. This school, which is located in Charlottesville, Virginia, is an exceptional school for business professionals. Students can find the Master of Business Administration at the Darden School of Business. This university is regionally accredited by the SACS COC and holds independent accreditation for its business programs by the IACBE.
This university doesn’t take half-measures. Students are expected to not only participate in class, they are expected to take part in consulting projects, experiential and global immersion opportunities, and even become a leader in one of the school’s many business groups.
The Case Method is a large part of life at UV. Students often learn a new concept by applying it to a real-world case study. Faculty works with students, and as a team, they see a case study through from start to finish, often with video interviews and lectures by some of the real actors in the situation. This is by far one of the best ways to learn business.
This degree requires 36 credit hours for completion and includes a global experience as well as a case study project. Students are also strongly encouraged to take an internship, but this is not a requirement. Sample courses include Global Economies and Markets, Accounting for Managers, and Financial Management and Policies.
Massachusetts Institute of Technology
College Choice Score: 91.05
MIT is one of the nation’s leading universities for STEM programs, so it might come as a surprise to see it on an M.B.A. ranking. However, MIT is home to the Sloan School of Management, a premier business school in the nation. This school, which is located in Cambridge, Massachusetts, is regionally accredited by the NEASC.
While not all students choose to follow a track at Sloan, many do. This is because the tracks provided by the school are a great way to become experts in a field, leading to better opportunities when it comes to employment. These tracks include Enterprise Management, Entrepreneurship and Innovation, and Finance.
The Sloan MBA is divided into three periods: the One-Semester core, which allows students to finish core requirements early; the Electives, which can result in a track or concentration; and the Sloan Innovation Period, which is when a student showcases what they’ve learned every semester. This ensures mastery of subjects before moving on to more advanced subject matter.
The degree program at Sloan varies, but all students complete 60 credit hours of work. For many students, this will include an internship, so be sure to contact and admissions counselor to learn what the requirements may be. Sample courses include Business Ethics for Leaders, Management and Communication, and Financial Accounting.
College Choice Score: 88.01
Cornell is a private, Ivy League research university that is located in Ithaca, New York. This school has a strong reputation for its Master of Business Administration degree, which is its most competitive in terms of the application process. This university is regionally accredited by the MSCHE.
Students have the option to choose between the Two-Year and the One-Year MBA programs. Both have their highlights, and each will prepare students for a long and successful career in business.
The Two-Year MBA program is for students who have a bachelor’s degree and need a graduate degree to continue to advance into administrative roles. This program requires an international immersion, a summer internship, and is best suited for students who want to jump straight from their bachelor’s education into graduate study.
The One-Year MBA program is for working professionals who already have a graduate degree but require more specialized education in business. This program requires a ten-week summer intensive of core courses as well as a semester-long practicum in a management setting.
Both programs require 39 credit hours for graduation, including the specific requirements for each degree. Electives are also a necessary part of this degree. Sample courses include Managerial Finance, Microeconomics for Management, and Critical and Strategic Thinking.
College Choice Score: 87.70
Durham, North Carolina, has long been the home of Duke University, a strong contender for one of the most popular universities for graduate business students. This school confers one of the top MBA programs in the country. And at Fuqua, the school’s College of Business, students will find all the resources they need in order to become leaders in the business field. This university is regionally accredited by the SACS COC.
The Fuqua School of Business operates on the knowledge that business is not simply academic; it’s interpersonal and requires an ability to link seemingly unrelated disciplines and people in order to solve problems that exist in the national and global economy. This has long been the undercurrent of the MBA program at Fuqua and it is why this program is in the top ten of this ranking.
While there are a half a dozen ways to get the MBA at Duke, the traditional full-time program is still the most sought-after at the school. It requires 60 credit hours and an internship for graduation. Sample courses include Accounting, Quantitative Analysis and Reporting, and Business and Economics.
University of Michigan
College Choice Score: 85.71
The University of Michigan at Ann Arbor, known as Michigan to students, is a public university focused on research. It is located in Ann Arbor, Michigan. This university confers the full-time Master of Business Administration. The university is regionally accredited by the NCACS THLC.
Like many of the best MBA schools, Michigan offers students the chance to partake in international immersion experiences. There are a variety of short-term and long-term international experiences to choose from, including the Semester Exchange, the Short-Term Study Abroad program, and the International Business Immersion BA 685 program.
Students also learn experientially at this school, often pairing off with classmates or working in teams to solve real-world business problems. Case studies are also a large part of this school’s curriculum, and students will see how the decisions they make as business professionals can affect and entire environment.
This degree requires 36 credit hours for completion and can be completed within one or two years with full-time studies. Sample courses include Applied Microeconomics, Applied Business Statistics, and Leading People and Organizations.
University of California—Los Angeles
College Choice Score: 84.38
The University of California at Los Angeles is one of the best schools on the West Coast. It is located in Los Angeles, California, a burgeoning hub for finance and business, making it a great fit for any student who is interested in the Master of Business Administration. This school, which is located in the heart of Los Angeles, California, is regionally accredited by the WASC SCUC.
The Anderson School of Management is an incredible place to learn. From faculty who all have terminal degrees or are current professionals in their field to the vast amount of opportunities students have access to, this is a school that every business professional should seriously consider for their graduate education.
Students will also find that Anderson is flexible. Classes are available during evenings and on the weekend for working professionals. There is also the option to study full-time or part-time. This allows even the busiest of students to find the time to finish their education.
This degree requires 36 credit hours for completion of the program. Students will be expected to complete a global immersion experience as well as a capstone project. Sample courses include Legal Ethics in a Business Environment, Business Research Methods, and Financial Accounting.
University of North Carolina
College Choice Score: 84.17
The University of North Carolina at Chapel, known as UNC to students, is one of the Public Ivy universities in America. This school, which is located in Chapel Hill, North Carolina, confers one of the best Master of Business Administration programs the South has to offer. This school is regionally accredited by the SACS COC.
The MBA program at Kenan-Flagler Business School is filled with a variety of opportunities. This requires at least one global immersion trip for students, ensuring that they understand how business affects the world over. From short trips that last one week to a semester abroad at a partner university, students will enjoy their global immersion experience from the university.
UNC also has experiential learning opportunities, but these differ a bit from other schools. These opportunities have real-world consequences in that students actively participate in business and organizations as part of their learning journey. From internships to case competitions, students will graduate having already put their business skills to use.
This university requires 42 credit hours for completion. This includes seminars and a core case competition. Sample courses include Ethics and Governance, Financial Tools, and Data Analytics and Decision Making.
University of Texas at Austin
College Choice Score: 83.72
It’s no surprise that the University of Texas at Austin has made its way onto this list. The school is well known for its Master of Business Administration, which is housed at the McCombs School of Business. This university is regionally accredited by the SACS COC.
UT Austin, which is the informal name given to the university by faculty and students, has a variety of MBA programs. This includes the Full-Time MBA, the Evening MBA, the Executive MBA, and the Executive MBA at Mexico City. The EMBA at Mexico City is for bilingual students who wish to become involved in international business dealings between Mexico and the United States.
This degree takes about two years to complete and is often earned by working professionals who have at least five years of work experience. The programs are all cohort-based, allowing students to keep in touch with classmates and faculty in a remarkable intimate setting.
This degree requires 36 credit hours of course work, internships, and projects. Students will also have the opportunity to take on an international experience, although it is not mandatory. Sample courses include Strategic management, Operations Management, and Financial Accounting.
Carnegie Mellon University
College Choice Score: 83.71
Carnegie Mellon is located in Pittsburgh, Pennsylvania and is one of the leading private research universities in the country. The university houses the Tepper School of Business, which is known for it’s dedication to global business. The school is regionally accredited by the MSCHE.
Like many other best MBA programs in the country, Tepper offers four different ways to complete the MBA. These include full-time, part-time, hybrid, and online formats. All of these formats were created in order to give working professionals the time and space they need in order to complete their degree. No matter what a student chooses as their format, most MBA candidates complete the degree in less than three years.
Students can expect to complete 60 credit hours of coursework during their time at Carnegie Mellon. This includes cultural trips, a capstone project, and an optional internship. Sample M.B.A. courses include Interpersonal Communication, Management Presentations, and Corporate Strategy.
College Choice Score: 83.46
Columbia University is a top university in the country and is one of the most sought-after business institution destinations for MBA students. This university has a strong MBA curriculum that is known for preparing students for the fast-paced business world that is New York City, where the school resides. This school is regionally accredited by the MSCHE.
While the MBA program was designed for business professionals, more and more students are turning to the Columbia MBA in order to solidify their chances in other areas as well. This is because the classes taught at Columbia are taught not just by instructors, but by business professionals who understand the industry inside and out. In fact, many of the 150 full-time Columbia instructors are currently working on research projects in different fields and offer students insight into how the world is changing, all while giving them a world-class education.
The Columbia MBA program requires a total of 60 credit hours, 42 of which come from electives. A global immersion experience is also required. Sample courses include Capital Markets, Real Estate Finance, and Financial Accounting.
College Choice Score: 80.79
As one of the nation’s top business schools, Emory University is a popular destination for MBA students. Located in Atlanta, Georgia, this school offers over a half a dozen options towards getting a graduate business degree. This university is regionally accredited by the SACS COC.
The Goizueta MBA is a globally recognized and acclaimed program that prepares students for a career in a changing global business climate. From utilizing an experiential and innovative learning method to providing students with the ability to intern at prestigious businesses that are headquartered in Atlanta, Goizueta prepares students to become the business professionals the industry needs prior to graduation.
This MBA program requires 60 credit hours of coursework and team projects. Over half of these credits come from electives; students also have the option to choose from one of nearly ten concentrations to round out their degree. Sample MBA courses include Marketing Management, Process and Systems Management, and Managerial Finance.
New York University
College Choice Score: 79.51
It is no surprise that New York University, or NYU to students and faculty, has made it on this list. The university is home to one of the top MBA programs in the country, one where students often find employment prior to graduation. NYU is located in New York City, New York, and is regionally accredited by the MSCHE.
One of the most interesting components of the Stern MBA is the fact that students can pick up to three concentrations from the 20 that are provided. Alternatively, some students choose no specialization, as the degree does not require one in order to graduate. For those who are interested, however, this school offers Quantitative Finance, Global Business, and Leadership and Management Change as specializations, among others.
NYU also welcomes its new MBA candidates in style. All students participate in LAUNCH, a two-week program prior to the start of classes that offers students the chance to see all that NYU and the business program has to offer. This includes a harbor cruise, a reception, and a speaker series.
The Stern MBA requires 60 credits in order to graduate. This includes a summer internship as well as an optional global immersion experience. Sample courses include Financial Accounting and Reporting, The Global Economy, and Statistics and Data Analysis.
College Choice Score: 78.39
Georgetown University is a private research university that is located in Washington, D.C. and is known as one of the best schools from which to earn a degree in Business Administration. The school confers the MBA to all ambitious students, and it can be found in the McDonough School of Business. The university is regionally accredited by the MSCHE.
Students will find that attending Georgetown is a once-in-a-lifetime experience. From having mentoring sessions with the school’s Executive-in-Residence to learning from business professionals about what is expected in the business world, students are preparing every day to become the next generation of qualified business professionals.
Students will find that they can earn their degree from one of the best MBA programs either full-time or part-time, weekdays, or during the evenings. Many students, no matter which track they choose, can finish the degree in less than three years.
This MBA program requires 60 credit hours, including an internship. There may be some prerequisites for non-business majors, so students are encouraged to speak with an enrollment advisor prior to registering. Sample courses include Operations, Leadership Communication, and Business and Public Policy in a Global Economy.
College Choice Score: 77.40
Rice University has always been on the forefront of building an excellent MBA program, so it will come as no surprise that it has made the cut for this ranking. The school’s MBA, which is conferred through the Jones Graduate School of Business, is one of the most sought-after programs in the South. The school is located in Houston, Texas, and is regionally accredited by the SACS COC.
Along with the excellent business education the school provides, Rice also allows students to partake in dual degree programs. These include the MBA/ME, the MBA/PSM, and the MD/MBA, which is done in collaboration with Baylor College of Business. This is a great option for students who have a vested interest in STEM and medical subjects as they relate to business.
The Rice MBA is a full-time program, so students should be willing to step out of work for two years in order to successfully complete the program. It is a comprehensive degree plan that requires projects and at least one summer internship to be completed in order to meet all the requirements for the degree.
This MBA program requires 60 credit hours, one internship, and team projects in order for a student to apply for graduation. This plan takes two years to complete. Sample courses include Financial Accounting, Organizational Behavior, and Strategy Formulation and Implementation.
University of Southern California
College Choice Score: 76.58
Many students come to the University of Southern California because it’s considered one of the foremost private research universities on the West Coast. It is also, however, known for its MBA program, which is a natural fit for a school that is nestled in the city that is known to be a gateway to the Pacific Rim and a hub of global business. This school is regionally accredited by the WASC.
For students who are interested in being part of a pioneering city, Los Angeles is a great place to earn an MBA. USC is headquartered in the heart of the city, allowing students to intern at great companies, all while seeing first hand how international trade is affecting American businesses. And Marshall, the university’s School of Business, is known for having a world-class faculty, many of which are still active business professionals.
One of the interesting aspects of Marshall at USC is that a global experience is mandatory for all business students. The PRIME International Experiential Learning experience is a ten-day trip that offers students the chance to meet with companies that are headquartered overseas and work on real-world projects that they then deliver to clients.
This degree requires a minimum of 60 credit hours which also includes an independent study project. Students may also elect to complete a concentration in a variety of subjects that complement their MBA. Sample courses include Financial Reporting and Analysis, Entrepreneurship and Venture Management, and Leadership and Organization.
College Choice Score: 76.57
Vanderbilt University is one of the South’s leading private research universities. It is also home to the Owen Graduate School of Management, which confers the M.B.A. in a variety of fields. This university, which is located in Nashville, Tennessee, holds regional accreditation by the SACS COC.
Obtaining an MBA at Vanderbilt is a little different from other schools. This university offers students an intimate and collaborative approach to this graduate degree, which will serve students as they prepare to enter the workforce as professionals. Courses are taught in a team format, meaning that concepts are tested within real-world case studies and team projects, a concept that mirrors how the business world works.
Vanderbilt is also known for encouraging international study, as it is believed that students with some international experience will be better suited for a global business position. Programs are available throughout the year, and students who are interested in international business can even obtain an emphasis in it along with their degree.
The Vanderbilt MBA requires at least 62 credit hours, many of which are fulfilled through a concentration, as well as an internship. It should be noted at half of the credit hours do come from the Business Core and are a requirement for graduation. Sample courses include Business in the World Economy, Managerial Finance, and Management Communication.
University of Washington
College Choice Score: 76.53
The University of Washington at Seattle is once again in the top ten of another business ranking. Through the Foster School of Business, this university has been conferring a full-time Master of Business Administration that rivals even those found at Ivy League Universities. This university, which is located in Seattle, Washington, is regionally accredited by the NWCCU.
Foster has consistently been ranked in the top ten MBA programs by various ranking institutions, including The Financial Times, Forbes, The Economist, and The Princeton Review. This is because the school offers small classes and a renown faculty, many of whom are still working in the business field today.
International experiences are by no means required for this degree, but it is a helpful tool in providing students with adequate experience in global business. There are short-term and long-term study abroad programs available, all of which are held up to the same high academic standard as UW has on its home campus.
This degree requires 46 credits for graduation. This includes 14 courses, 2 international perspective activities, and three practical experience activities. Sample courses include Micro-Economics of Competition and Strategy, Statistics for Business Decisions, and Information for Decision Making and Performance Evaluation.
College Choice Score: 75.98
Dartmouth College is a private research university that is counted among the nation’s Ivy League institutions. It is located in Hanover, New Hampshire, and is home to one of the best MBA programs in the nation. It holds regional accreditation by the NEASC CIHE.
At the university’s Tuck School of Business, students will find that this MBA program is more hands-on that most. Courses are taught by utilizing research, team projects, case studies, and more in order to help students get accustomed to the real world of business, rather than just teaching theories from a textbook. This is why Tuck is one of the best business schools in the nation for MBA candidates.
Students can expect to finish 63 credit hours of work, including electives and a project, prior to graduation. It is a comprehensive degree program that can be completed within two years. Sample MBA courses include Competitive and Corporate Strategy, Leading Organizations, and Analysis for General Managers.
University of Minnesota
College Choice Score: 75.93
The University of Minnesota at Twin Cities has an exciting array of graduate business degrees. This includes the most popular business degree, the Master of Business Administration. This university, which is located in Minneapolis, Minnesota, is regionally accredited by the NCACS THLC. The business program is independently accredited by the AACSB.
Students who are looking for a variety of pathways for the MBA will find every type of program at Twin Cities. This school offers both part-time and full-time options, as well as online programs. Additionally, students can find the Executive MBA and the school’s premier Industry MBA at this school as well.
The Carlson School of Management’s Industry MBA is a very specific degree. It is a one-year program designed for congressional staffers, and it is offered online. Students who earn this degree will learn how business and economics has an effect on politics and how that dynamic is constantly changing.
The full-time MBA, which is the most popular program offered at Carlson, is comprised of 65 credit hours of course work, an international experience, practicums, and projects. Students will also find that alongside their academic studies, professional advising is also available. Sample courses include Competing in a Data Driven Digital Age, Financial Accounting, and Strategic Management.
University of Illinois
College Choice Score: 75.66
The University of Illinois at Urbana-Champaign is consistently on the best business school rankings, and so its place on this ranking will come as no surprise. This public, research university, which is located in Champaign, Illinois, is home to one of the best Master of Business Administration programs in the country. This school is regionally accredited by the NCACS THLC.
The UIUC MBA program is different from other programs in this list in that it offers both a customizable curriculum and an experiential learning format. Both of these features enable a student to study what it is most interesting to them and then put it into practice with research papers, team projects, and case studies. It is for this reason alone than any ambitious student will want to consider this university.
When it comes to the experiential learning aspect of life at UIUC, students have a variety of options. Study abroad is a popular form of expanding students’ horizons; case competitions also offer the chance to highlight a student’s strength in team projects. The school is even home to the world’s largest consultancy firm that is entirely run by students.
The MBA at UIUC requires 36 credit hours of coursework from a variety of disciplines. The degree also requires a case study project. Sample courses include Sustainable Products for Subsistence Marketplace, Enterprise Risk Management, and Decision Support and Knowledge Management.
University of Wisconsin
College Choice Score: 74.84
The University of Wisconsin at Madison is one of the top MBA programs in the country. Through it’s School of Business, UW-Madison provides students with a variety of options to obtain this in-demand degree. The school is regionally accredited by the NCACS THLC.
At UW-Madison, students can choose from three tracks towards the MBA. The Full-Time MBA takes two years to complete and comes with ten different specializations. The 30-month Evening MBA is for professionals who are working and still want to complete their education during the evening. And lastly, the 20-month Executive MBA is for experienced business professionals who have at least five years of work experience and can attend class twice a month in order to receive the advanced training they need to move into leadership roles in the business world.
The UW-Madison MBA also offers ten career specializations, all which are in high demand within the business industry. Students can choose from Applied Security Analysis, Real Estate, Brand and Production Management, and more. All of these concentrations change the focus of a student’s MBA program to ensure that they receive the necessary education to become experts in these fields.
This degree requires at least 66 credit hours of course work. Unlike other business programs, internships are optional and not mandatory. Sample MBA courses include Leading and Working in Teams, Economics for Managers, and Ethics, Integrity, and Society.
College Choice Score: 74.01
The Kelley School of Business is one of the best schools in the country for business. Housed within Indiana University, this school has long been the birthplace of the top innovators in business today. The university, which is located in Bloomington, Indiana, holds regional accreditation by the NCACS THLC.
This school offers the MBA as a two-year, full-time curriculum. Students will be exposed to leadership, global, and teamwork opportunities, all of which are important when working in the business world.
Students will also be able to choose an Academy, a major, and minor to better specialize their field of interest. Each of these options gives students the chance to learn from real professionals, all while continuing their education. While none of this is required, it is highly encouraged by the school and its faculty.
The Kelley MBA requires 60 credit hours of work, including an internship, a global experience, and team projects. Most students complete the requirements within a year. Sample courses include Quantitative Analysis for Business Decisions, Marketing, and Critical Thinking.
Washington University in St. Louis
College Choice Score: 73.15
Washington University in St. Louis is home to one of the Midwest’s best business schools. It is here that students can obtain the MBA from Olin, which remains a leader in academic excellence. This school, which is located in St. Louis, Missouri, is regionally accredited by the NCACS THLC. Olin Business School is further accredited by the AACSB International.
WUSTL offers students the chance to combine academics, experiential learning, and international experiences to prepare them to become well-rounded business professionals who understand the growing complexity of the industry. From giving students real-world case studies as part of class assignments to providing the opportunity to get joint degrees, the school ensures that whatever a student’s career path is, an MBA will help them get there.
One of the most exciting features of WUSTl is the Olin Platform Philosophy, a term that the school uses to help students who have a speciality that they want to pursue. Students who chose a platform will find that their degree plan will cater to the specific needs of that speciality. At WUSTL, these include Consulting, Entrepreneurship, Marketing, and more.
The Olin MBA requires 66 credit hours, an internship, and a capstone course, during which students develop and implement a strategy for a simulated firm within a high-technology industry. The majority of the credit hours and projects will focus on a student’s chosen platform. Sample business courses include Strategic Cost Analysis, Managerial Economics,and Financial Accounting.
Brigham Young University
College Choice Score: 72.80
Not many people will be surprised to see Brigham Young University on this list. Located in Provo, Utah, this university is a private research university that is best known for it’s Marriott School of Business. This university is regionally accredited by the NWCCU.
This MBA program makes it possible for students to choose both a major and minor within the degree, ensuring that they can customize their degree program to fit their career goals and plans. Joint degree options are also available, allowing students to earn degrees concurrently, saving them time and money in the process.
The BYU Marriott MBA program offers a threefold business education: mind, body, and spirit. Taught in the Christian tradition, students at this school receive more than a college degree; they find themselves with a purpose that melds ethics and business.
This MBA program requires 60 credit hours of work. Internships and global immersion experiences are also available. Sample courses include Management and Information Technology, Managerial Finance, and Strategic Logistics Management.
Ohio State University
College Choice Score: 72.60
The Fisher College of Business is the best-known college that is located at Ohio State University. It is here where students can earn their Master of Business Administration. This school, which is located in Columbus, Ohio, is regionally accredited by the NCACS THLC.
Fisher is known for being one of the top ten best business schools in America and is consistently ranked by U.S. News and World Report, the Financial Times, and the Economist for its academic curriculum, its ability to prepare students for employment, and its faculty. It is so well known that over 20 percent of its students come from abroad, just to learn at this school.
This MBA has distinguished itself from other programs in that the program can be fully customizable, including global experiences and team projects. It is also based on experiential learning, a format of education that puts into practice the concepts that a student has learned. Experiential learning also strengthens a student’s skills, ensuring that they are prepared to become business professionals prior to graduating.
This degree requires 36 credit hours and can be completed within two years of part-time study. A capstone project is also required for graduation. Sample courses include Business Ethics in a Global Economy, Financial Accounting, and Advanced Managerial Skills for the Business Professional.
Texas A & M International University
College Choice Score: 71.93
Texas A&M International University stands as one of top MBA programs in the South. This university, which is located in Laredo, Texas, is known as a gateway to Mexico and is often praised by students who are interested in international business as well as getting the MBA, which remains the most popular graduate business degree in the country. This university is regionally accredited by the SACS COC. The A.R. Sanchez, Jr. School of Business is also independently accredited by the AACSB International.
This is perhaps one of the most straight-forward MBA programs on this ranking, owing to the school’s belief that the MBA degree is generally sought by those already in the business sector. However, this school is unique in that many of the electives that can be taken within the degree focus on the Spanish language, thereby making it easier for business professionals to solidify themselves as global business experts in both North and South America.
This program requires 60 credit hours of coursework in order to earn the degree. Students will find that over half of these credits come from electives, ensuring they can follow their business interests while still gaining credit for the degree. Sample business courses include Economic Concepts, Principles of Marketing, and Information Systems Concepts.
University of Texas at Dallas
College Choice Score: 71.88
The University of Texas at Dallas has a variety of MBA programs online, including Flex, Hybrid, and Online formats. The school is also noted for its 15 concentrations within the degree. This university holds regional accreditation by the SACS COC. The business school has independent accreditation by the AACSB.
As stated above, UT-Dallas has a variety of options for completing the MBA program. From cohort modes that take place during evenings and on the weekends to self-paced and online formats, any business professional will find the education path that fits them best here. Prospective applicants are encouraged to speak with an advisor to ensure that they pick the right degree plan for them and their needs.
Like many other business schools, UT-Dallas does require students submit either a GMAT or a GRE score. Other prerequisites are required, such as business calculus and other business courses. However, a student will not be turned away for not meeting these requirements, and therefore can take these prerequisites prior to starting the degree.
This school requires 60 credit hours of coursework, including 36 credits that come from the Business Core. The remaining credits come from electives. Sample courses include Information Technology for Management, Introduction to Managerial Accounting, and Business Economics.
George Washington University
College Choice Score: 71.14
George Washington University is located in the heart of Washington, D.C., and is often noted as being one of the best private research universities for business students. This school confers the Master of Business Administration for hard-working business professionals. GWU is regionally accredited by the MSCHE.
Like many other schools, this university offers a variety of ways for students to specialize while in school. This includes concentrations such as Government Contracts, Sport Management, and Consulting, among others. Certificates are also available in Responsible Management, Business Analytics, and Nonprofit Management. Taking part in these expertise programs offers students an advantage on their resume.
This school requires 60 credit hours of course work. This includes team projects and an option short-term study abroad program to be taken at the student’s leisure. Sample courses include Business, Law, and Ethics in a Global Economy, Managerial Accounting, and Leadership Communication.
University of Notre Dame
College Choice Score: 70.87
The University of Notre Dame has held wide acclaim for decades, due to its academic excellence standards and its ability to make leaders out of its students. It then comes as no surprise that the Mendoza College of Business hold equal acclaim for its MBA programs. This school, which is located in South Bend, Indiana, is regionally accredited by the NCACS THLC. Its business programs have been highly ranked by both U.S. News and World Report and Bloomberg Businessweek.
The MBA program at Mendoza is known for its Integral Leadership Development aspect, which is an aspect of the program that focuses on developing the necessary leadership skills that are expected of all high-quality business leaders. It is also an orientation of sorts into the MBA program and is completed prior to beginning the degree requirements.
Mendoza offers students a variety of benefits, including small class sizes and the ability to work in teams. The most amazing benefits, however, comes from the International Immersion program, which sees students spend up to a month overseas working with international companies, and the Interterm Intensive, which sees students work as consultants to big companies who have problems that need to be solved.
The MBA program at Notre Dame takes up to two years to complete and is composed of 64 credit hours. This includes concentration electives and an immersion experience. Sample courses include Process Analytics, Management Communications, and Foundations of Ethical Business Conduct.
Georgia Institute of Technology
College Choice Score: 70.84
Georgia Institute of Technology is the South’s premier institution for business and science. It is here that students will find the Scheller College of Business M.B.A. program, which focuses on how business administration affects different aspects of life. This school, which is located in Atlanta, Georgia, is regionally accredited by the SACS COC.
As one of the top MBA programs in the country, Georgia Tech strives to provide students with a fast and comprehensive degree that can see them on the road to their dream job in less than two years. At this business school, students will find themselves surrounded by business professionals as faculty and Fortune 500 companies as mock clients.
This school requires 54 credit hours of work in order to graduate, with more than half of that coming from electives. Students can also opt for concentrations if they so desire. Sample MBA courses include Principles of Finance, Analytical Tools for Decision Support, and Strategic Management
University of Florida
College Choice Score: 70.68
For business professionals who live in the Southeast, no other school comes to mind for an MBA education faster than the University of Florida. This school, which is located in Gainesville, Florida, is known for being one of the best MBA programs that resides in a public university. This university is regionally accredited by the SACS COC.
The UF MBA is an academically excellent program that has even received a Top 25 ranking by both U.S. News and World Report and The Economist. This is no doubt due to the incredible dedication by the school’s world class faculty and the ability to not only fast-track an MBA, but also customize it.
Students will have the option to customize their curriculum within the MBA in order to meet their professional goals. Among the ways a student can customize the program is through six different concentrations in market-ready areas or even through some certificates that a student can put on their resume prior to graduating.
The UF MBA requires 48 credit hours for completion, which makes it a less-intensive program than most on this list. However, students will also be required to finish a final project and can elect to participate in a Global Immersion Experience to round out their education. Sample courses include Asset Valuation, Risk and Return, Advanced Managerial Statistics, and Professional Communication.
Michigan State University
College Choice Score: 70.45
Students at Michigan State University often tout that the faculty and curriculum at the school is among the best in the nation, and several ranking sites, including this one, agree. The Eli Broad College of Business has consistently been ranked among the best MBA programs in the country by the Financial Times, Forbes, and U.S. News and World Report. The school is regionally accredited by the NCACS THLC.
The Broad MBA program is 21 months in length and is an immersive experience that teaches students everything they need to learn about business. From offering concentrations to ensuring that students have access to the best professors available, MSU has done everything it can to prepare its candidates to become high quality business professionals.
While global experiences are not required at MSU, it is often utilized by over half of MBA candidates. This is because the university is one of the top U.S. schools for study abroad programs. These programs take place in a variety of cities and can expand a student’s understanding of how business works world-wide.
This degree requires 60 credit hours, including electives in a concentration. Roughly half of all credit hours come from the Business Core. Sample business courses include Leadership and Teams, Applied Economics, and Management and Organizational Behavior.
College Choice Score: 69.75
Not to be outdone by any other university when it comes to business education, Boston College also makes the cut for a strong MBA program. This school, which is located in Boston, Massachusetts, offers the MBA through the Carroll School of Management. It is regionally accredited by the NEASC.
What may strike some students as different about Boston College is it’s deep roots in politics and nonprofit organizations runs deep. This school is well-known for turning out some of the best business professionals in these areas, including some of the top executives for national and international charities. This is a great school for students interested in these areas.
The Boston College MBA program is two years in length and is designed to help students complete all core requirements their first year, leaving the second year open for electives and independent study. All together, students can expect to complete 60 credit hours of work, including an internship, within that time frame. Sample courses include Marketing, Introduction to Strategic Management, and Managing People and Organizations.
University of Rochester
College Choice Score: 69.69
The University of Rochester houses the Simon Business School, which is a hub for ambitious MBA candidates. This private research university, which is located in Rochester, New York, is known for its dedication to its students and its ability to transform MBA candidates into some of the most sought after business professionals after they have graduated. This university is regionally accredited by the MSCHE. Simon is further accredited by the AACSB International.
Because the University of Rochester is a small university, Simon MBA candidates benefit from having access to small class sizes, a cohort mode that keeps them in touch with the friends they make the first semester, and an analytics-based curriculum. This ensures that students feel the intimate and ever-changing atmosphere that the business world has made its home in.
Simon is known for its patented FACt© program. FACt© stands for Frame, Analyze, and Communicate, which is a model that enables students to both understand and solve problems that may arise in the business industry. It is a strong component of the MBA program and is woven through each of the 11 concentrations that gives students the ability to specialize in a field of their choice.
The Simon MBA requires 67 credit hours in order to graduate. This includes seminars and a team project. Sample course include Capital Budgeting and Corporate Objectives, Communicating Analytics, and Business Modeling.
College Choice Score: 69.55
Temple University is a research university that is located in Philadelphia, Pennsylvania. It is a top-ranked M.B.A. program that is housed by the Fox School of Business. This school is regionally accredited by the MSCHE. The MBA programs are also ranked in the top 50 nationally by the Financial Times and The Economist.
Like many business schools, there are several formats for MBA programs, including an executive format that sees students attend class one weekend per month. This format is exceedingly popular with business professionals, as it allows them to attend to their professional obligations while allowing them to reach their goal of an MBA within 16 months.
The Fox MBA is also known for requiring at least one global immersion trip for all of its students. These programs, which span four continents, allow students to experience the effect of business in other regions. It’s also important for students to note that these trips can be planned around any obligations they may have at home or at work.
The MBA program at Temple requires 60 credit hours and a global immersion trip for completion. It is possible to complete all requirements within two years, but students can take up to four years to complete the program. Sample courses include Leadership Skills for Business, Managerial Accounting, and Business Ethics for Leaders.
University of Maryland
College Choice Score: 69.47
The University of Maryland at College Park is often considered one of the best business schools in the world. It is here that the school confers its Master of Business Administration and the Executive Master of Business Administration. This school is regionally accredited by the MSCHE. The MBA programs are independently accredited by the AACSB.
The Robert H. Smith School of Business, where the MBA programs reside, is an incredible school for any business professional to attend. This school offers a full-time, part-time, and online M.B.A. program, making it perfect for business professionals who need a flexible study schedule in order to fit it in with their professional lives.
The Executive MBA program at UMD deserves special mention. This is a partner program between this school and partner schools in China, making it a global MBA program that focuses on executive education. Because the program requires international trips, it is best for students who can take off time from work in order to meet these requirements.
The MBA program has the same requirements, regardless of what pathway a student takes. The degree is comprised of 36 credit hours of coursework and a capstone project. Sample courses include Brand Management, Consumer Behavior, and Competitive and Collaborative Negotiation.
Arizona State University
College Choice Score: 68.75
Arizona State University at Tempe, also known as Arizona State, has one of the best business programs in the Southwest. This school offers a variety of MBA programs, including hybrid and online formats, to ensure that all students have the ability to reach their goal of earning an MBA. This school is regionally accredited by the NWCCU.
The W.P. Carey School of Business, where the MBA is housed, is known for offering not just a variety of degree plans, but also a variety of concentration and joint degree plans as well. Students can choose from over 15 concentrations and four joint degrees, all resulting in a specialized education in a business interest of their choice.
This school requires 60 credit hours of coursework and may require prerequisites for students who do not have an undergraduate degree in business. Lab simulations, internships, and projects may be required, and students are encouraged to talk to an admissions counselor about this. Sample courses include Ethical Issues for Managers, Digital Innovations and Transformation, and Mastering the Art of Influence and Negotiations.
University of California—Davis
College Choice Score: 68.01
The University of California at Davis is nationally renown for its Master of Business Administration program. It has consistently been ranked in the top ten percent of best schools for a full-time MBA by U.S. News and World Report. This school is located in Davis, California, and holds regional accreditation by the WSCUC.
UC-Davis is a great university for full-time MBA candidates who are interested in getting a degree from a school that is located between Sacramento and the San Francisco Bay Area. This prime location allows students to get business experience from some of the top businesses in the country, including Apple, Chevron, and Wells Fargo. These internships often result in top job offers for students, with many of them accepting positions prior to graduating.
Another great feature of UC-Davis is the school’s IMPACT curriculum. This is a premier learning method that is only taught at this university and combines business skills along with ethical concepts throughout the entirety of a student’s time at the school. It is cemented by a series of projects in which students showcase their knowledge on team projects for business clients, which then can be added to a portfolio after graduation.
This is comprehensive degree program that requires 66 credit hours of coursework and internships. A global immersion experience, a capstone course, and consulting projects are also required. Sample courses include Financial Theory and Policy, Articulation and Critical Thinking, and Data Analysis for Managers.
College Choice Score: 67.61
The city of West Lafayette, Indiana, is proud to be the home of Purdue University. This public research university confers the Master of Business Administration through the Krannert School of Management, a globally recognized program. This university holds regional accreditation by the NCACS THLC.
Purdue offers a variety of MBA and executive M.B.A. programs, including the unique One-Year MBA for STEM Professionals and a Deferred Admit Program for qualified applicants. Students will be able to find at least one pathway from the five pathways available that will suit their needs. It is encouraged that students explore all of the MBA programs prior to applying to ensure they choose the right program.
Krannert also offers 14 different specializations, including International Management, Technology Innovation and Entrepreneurship, and Business Analytics. These concentrations were designed and offered based on the current needs of the business world. By choosing one of these concentrations, students are guaranteeing that they will be seen as highly specialized candidates for whichever job they are interested in.
Purdue has the most requirements out of any program for its degree. MBA candidates must complete 60 credit ours of course work, which will be completed over two years. There are no capstone projects needed for this program. Sample courses include Financial Management, Launching Global Leaders, and Business Law.
Southern Methodist University
College Choice Score: 67.40
Southern Methodist University is a private research university that houses the Cox School of Business. Headquartered in the neighborhoods of Dallas, Texas, this university offers students a variety of options when it comes to their MBA degree. SMU is regionally accredited by the SACS COC.
The SMU MBA offers student the ability to earn dual degrees in either a Master of Arts in a variety of disciplines or a law degree. While this might not be for everyone, it is a great choice for students who are interested in the relationship between business and law, politics, government, economics, and even nonprofit organizations. And by earning both degrees at once, students can save time and money, allowing them to use their education quicker than those who earn these degrees in sequential order.
The Cox MBA also comes with eight concentrations, all of which are geared to be of use in the current and future business climate. These include Accounting, Management, and Strategy and Entrepreneurship. Students will find that their MBA curriculum will only be slightly changed based on the concentration they choose.
This program requires 65 credit hours of work that includes an internship and a final project. Students will also find that of the 65 hours needed for graduation, 38 hours come from electives, allowing them to specialize their business knowledge. Sample business courses include Business Presentation Techniques, Management Decision Analysis, and Marketing Management.
College Choice Score: 67.20
Boston University has one of the top MBA programs in the country. It is also home to one of the most competitive business schools for MBA candidates. This university, which is located in Boston, Massachusetts, holds regional accreditation by the NEASC.
The Questrom School of Business is second only to Harvard when it comes to its business programs and its concentrations. There are also a variety of hands-on experiences that are available at the school, ensuring that students have every opportunity to explore their business interests prior to entering the industry as a business professional.
Along with being located in a hub for sustainable and tech start-ups, students will have access to a world-renown curriculum. This degree program requires 63 credit hours for completion, which includes global immersion and internship options, team projects, and case study competitions. Sample courses include Ethical Leadership in a Global Economy, IT Strategies for a Networked Economy, and Leading Organizations and People.
University of Iowa
College Choice Score: 67.06
The University of Iowa at Iowa City is best known for being the home of the Tippie College of Business. This school offers a dozen options for MBA candidates, including international MBA programs. This school, which is located in Iowa City, Iowa, is regionally accredited by the NCACS THLC.
Tippie offers students the option to pursue their MBA either full-time or part-time, weekdays or weekends, and even what kind of MBA they receive. Among the offerings are the Professional MBA, a program for professionals already in the industry, and the Executive MBA, for business professionals with at least five years of experiences who wish to move into leadership roles.
The school also offers two International MBA programs. The Hong Kong MBA is a program that takes less than two years to complete and is delivered overseas. The CIMBA Italy MBA program operates on the same principles, but also offers a focus on soft skills that makes business professionals into leaders who can manage both projects and people.
The Iowa MBA requires 60 semester hours and 13 core courses. All other semester hours come from a student’s chosen concentration and an international experience. Sample courses include Management in Organizations, Ethics and the Law, and Strategic Business Consulting.
University of California—San Diego
College Choice Score: 66.36
Business professionals who live on the West Coast are more than likely aware that the University of California at San Diego is one of the best MBA programs in the region. The degree, which is housed at the Rady School of Management, is a strong and innovative program that prepares students to become adaptable professionals who thrive in the business community. This university, which is located in San Diego, California, is regionally accredited by the WSCUC.
The main focus of the Rady MBA program is teaching students the leadership skills and innovative thinking that propel the business world forward. From working in teams on real-world projects to global immersion trips that foster an international worldview on business, students are given all the necessary elements to create the career of their dreams.
Like many MBA programs, Rady offers students options when it comes to the MBA. Graduate students can choose to learn either full-time or part-time, allowing them to get an education even while they continue to work in their current field. An MBA program is also available exclusively for military veterans, ensuring that whether they decide to continue to serve or transition to civilian life, UCSD will give them a path forward.
This school requires 60 credit hours for completion. This includes an internship, a lab, and a capstone project. Sample business courses include Organizational Strategy, Quantitative Analysis, and Leadership, Values, and Team Management.
College Choice Score:
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Top 10 MBA Specializations: Choices and options
Jul 24, 2018 18:53 IST
When as a MBA aspirant, you plan to take admission in an MBA course; there are so many options that it leaves you confused. Be it in the field of human resource management, marketing management or finance, there is a huge scope in every field that makes decision making even more tough. On the one hand you wish to pursue a specialization that offers a handsome salary, while on the other you consider the scope of jobs in a particular domain before pursuing the specialization. Indeed, this process is not as easy as it seems.
So to reduce your anxiety associated with choosing an apt specialization, we bring for you a list of top 10 MBA specializations, offered by the top MBA colleges in India. The aim of a two-year typical MBA programme is to make the MBA Aspirant proficient in all the subjects of management but an expert in one particular specialization. So, here we bring for you an introduction of the Top 10 MBA specializations that will help you decide which specialization is the best for your career growth.
Need for MBA Specialization
Choosing a specialization is mandatory because when the recruiters participate in the campus hiring drive, they shortlist the candidates on the basis of their specialised skills and not just the general management skills. Considering the ratio of placements, students majorly gets placed in sales and marketing profiles followed by jobs in the finance domain.
For profiles such as supply chain management, consulting, Information Technology and many more, recruiters will consider the subject expertise of the potential candidate. Only after testing the subject knowledge and decision making skills of candidates, companies will decide if the candidate is fit for the particular profile.
Hence, choosing a specialization can be a difficult process for students considering the market demand of a particular specialization in demand and matching the same with their skill-set. In this direction, we recommend that you consider your career goals and professional development before choosing a specialization.
Top 6 Green MBA Programmes
Why Choose MBA Specialization?
In India, people prefer pursuing MBA course than any other course because MBA offers the following advantages:
These benefits render India as one of the top 10 destinations to pursue MBA specialization. Furthermore, the students and working professionals prefer pursuing MBA specialization due to multiple reasons. Some of these reasons that motivate them are:
Here are top 10 MBA specializations that will strike the chord of an MBA aspirant
1. MBA in Finance
MBA in finance is one of the most popular and highly opted for forms of MBA specialization. It teaches you about various subjects like Costing, Budgeting, International Finance, Capital Management etc. After studying these subjects you would become an expert in Financial Management related areas. Such expertise would enable you to work in the finance department of any organization. If you want to pursue MBA in finance then you must attain a graduation degree in any stream.
The Banking Sector of India has requirement of skilled people who are expert in finance. Thus, the banking sector is an added boon for the students pursuing MBA in finance. The growing size of the Indian banking sector is known to all.
Not only the banking sector, but various other financial sectors such as Insurance Industry, Mutual Funds Industry, Stock Exchange, and Financial Consulting are other bright avenues for the MBA aspirants to pursue MBA in finance.
If you choose to pursue this specialization, then you would get a chance to manage some of the highly responsible departments and functions in the organization pertaining to:
Source: MBA Fundamentals Accounting and Finance by Michael P. Griffin
2. MBA in Marketing
MBA in Marketing offers a very dynamic and competitive career to its aspirants. MBA in marketing helps a student understand consumer behavior, market behavior, aspects of advertising, and many other crucial skills that surrounds the marketing activities of any product/service. One needs to have excellent communication skills, resource mobilization skills and an added zeal to excel in this specialization. If you want to pursue MBA in Marketing then the first step is to attain a graduation degree in any stream.
As a career choice MBA in Marketing would offer you very lucrative opportunities. Marketing specialization would hone your skills in developing business plans; identifying the strengths and weakness of a business so as to leverage the opportunities and safeguard the business from the potential threats posed by uncontrollable variables. The positions offered in MBA Marketing specialization are a dream of any MBA Marketing aspirant because marketing department is the backbone of any organization. They are responsible for bringing the business for them. These positions are as follows:
Source: Marketing Management by Philip Kotler
3. MBA in Human Recourse Management (HRM)
MBA in HR Management is for those who are determined to become a part of Human Resource functions and strategies. The HR functions include workforce diversity management, mergers and acquisitions, managing demand and supply of labor markets in emerging economics and international leadership. If you possess good communication skills, have a charismatic personality, and are reliable and confident, then MBA in HR is a right choice for you. Graduate in any stream can pursue MBA in Human Resource. If you are interested to probe in the psychology of employees and help them grow in the organization, then you must pursue the idea to specialize in this course.
As an MBA in HR, you can get a decent beginning at a mid-management level, at the position of a Team Leader. Thereafter, you need to prove your spine of steel among employees to climb the ladder of success. In an organization your growth path would be as follows:
Source: VSP Rao
MBA in HR would also offer you bright opportunities to handle operations such as Recruitment; Talent Management; Retention Management; Reward Management. All these functions are dynamic in nature and would open your senses to one of the most valuable assets of an organisation i.e. “Employees” without which an organization remains just a building of brick and mortar.
4. MBA in International Business (IB)
With the advent of globalization and gradual opening up of world economies, MBA in International Business course aims to provide an in-depth understanding of the organizational capabilities required for international operations. It aims to impart skills pertaining to specialized functions such as international marketing, finance etc. The degree may be considered as an MBA with a particular focus on multinational corporations. Admission to pursue this course requires an undergraduate degree in any discipline. Some crucial functions that you would serve in an organization after earning MBA in International Business are:
In addition, MBA in International Business would also increase your chances to travel around the world to hone a cross-cultural perspective. As you would be involved in managing the international operations of your firms, so, it might require your involvement to meet the global clients by visiting their nations as well. If you wish to brighten your chances to become a globe-trotter then MBA in International Business would be the best choice to pave a path of success for yourself.
Potential reputed positions which you can attain in an organization after successful completion of this course along with some resourceful experience are:
5. MBA in Operation Management
MBA in Operation Management helps you in dealing with Production Management or Shop Floor Management related functions. You learn how to maintain process flows, develop vendor and inter-departmental relationships. Most candidates with engineering backgrounds go for MBA Operations, as it gives them an edge over their peers in product development and designing, and process optimization. However, graduate in any discipline can pursue MBA in operation.
MBA in operations management would offer you a decent salary after successful completion of your course. You can take a look at the salaries earned by Operation Management aspirants which are provided in the graph below:
6. MBA in Information Technology (IT)
MBA in IT is designed to educate & develop managers who can effectively manage the planning, design, selection, implementation, usage & administration of emerging and converging information & communications technologies. IT graduates play an essential role in the business team, typically in designing and implementing hardware and software solutions to solve business problems. Graduates in any stream can pursue MBA in IT.
As a pursuant of MBA in IT you would get exposure to understand the following subjects:
These subjects would hone the skills in you that are required to manage real-problems in an organization. With the help of case-studies and rigorous training, you would be able to understand the strategic role of IT in an organization. MBA in IT is an integral part of the Indian Economy as our economy is gradually becoming a service-oriented market and Information Technology holds a special place in this landscape.
Thus, if you hold a graduation degree in IT or any related area, then you must pursue your MBA in IT for achieving career advancement.
7. MBA in Supply Chain Management
MBA in supply chain management is a unique and exciting opportunity in the field of business management. It includes inventory management, warehousing, and transportation of various materials required by the client or a company. Supply chain Management specialization can be pursued by graduates of any stream.
MBA in supply chain Management would offer you skills pertaining to the following areas:
8. MBA in Rural Management
MBA in Rural Management is another unique programme that is offered to fulfill the huge industry demands of those managers that are skilled in the field of marketing with a focus on rural business. There is immense growth potential in rural markets and the organizations have realized that for overhauling the face of Indian Economy, rural management would be an appropriate specialization. Any graduate can apply for MBA in Rural Management.
Career Prospects after attaining a degree in MBA in Rural Management are:
- Job with the Government of India’s rural development project(s)
- Association with Non-Government Organization(s)
- Research institutes conducting extensive research on rural areas
- A chance to join hands with United National and its subsidiary social research agencies.
The professionals pursuing MBA in Rural Management get decent average salary packages ranging up to 8.70 lakhs per annum. This course has a tremendous potential to improve the hinterlands of India into profitable business avenues. You just need to possess
- Altruistic perspective,
- Willingness to improve the poverty in India,
- Innovative approach and,
- Ideas for uplifting the rural face of India.
MBA in Rural Management would provide you a thrilling experience to explore the unexplored landscapes of India. It would also offer you immense prospects to work with reputed corporate brands because corporate social responsibility (CSR) is a mandatory requirement that needs to be discharged by all the companies listed on the stock exchange of India.
9. MBA in Agri Business Management
Agri Business is another vital and prominent reality of India. MBA in Agri Business is gaining momentum among various aspirants who wish to pursue their career in enhancing the face of Agri business in India. In Agri Management specialization, an MBA aspirant learns to manage companies which process, market, and merchandise agricultural products for consumers. The student must understand the management, marketing, and finance functions with an emphasis on specialized requirements of the agribusiness sector. All you need is a graduation degree in a course of your choice and then you can pursue MBA in Agri business Management.
The course would provide you an overview of:
As a potential professional manager in Agri Business of India, you would get to learn about dynamic subjects belonging to the following areas:
- Agri Input Industry
- Horticulture Industry
- Food Industry
- Farm Engineering
- Livestock Industry
10. MBA in Health Care Management
An MBA in healthcare covers core business skills and practices pertaining to the Healthcare Industry. The specialization focuses on the specific issues of the hospital and its administration. This course would provide you brighter prospects to interact with the hospital administrators, medical practice managers, insurance-company executives and a wide variety of other roles. If you wish to become an integral part of the hospital operations, instead of concentrating merely on the patients and their illness, then you must pursue this course. An individual with a Graduate degree can pursue MBA in healthcare management.
After pursuing MBA in Healthcare management, you would be taking care of supervisory functions in the Hospital premises. There is no dearth of the companies that you can join after completion of your course. MBA in Healthcare management would offer you some less explored career opportunities to ignite the course of your life. Some industries that you can join after attaining this degree are:
The direction that you gained in your graduation degree would be instrumental in letting you decide the specialization and industry of your choice.
With these many options on your plate, the decision to choose a specialization might become easy when you match your preference and career goals with the course contents. But, in the age of specialization, when people are becoming specialists in every field, being an MBA, even you should not miss a chance to pursue a career in niche domain.
If you are still in quest of an MBA specialization which makes you stand out from the crowd, then you should take a look at the Top 10 Sectoral MBA specializations also. These specializations are gaining traction from the industry specialists as there is a dearth of specialized professionals.
Moreover, the supply of these professionals in the industry is posing another crisis for the growth of these sectors. The Top 10 Sectoral MBA specializations would undoubtedly ward off all your apprehensions if you wish to get associated with any of these sectors.
Have a happy MBA Journey!!