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Best Business Schools in the World: QS Rankings and Annual Fee

Last updated: May 28, 2025

Do you know that over 250,000 students apply for MBA programs across the world to expand their areas of expertise? Yes, many students feel that applying to the best business schools in the world can help them acquire a high-paying job. Also, as per the reports of the National University, MBA is one of the most prevalent graduate degrees in the USA. Also, an individual can earn up to $115,000 (INR 1 Cr) every year with an MBA degree. But with so many top universities, it becomes difficult to find which one is right for you. Hence, from the best undergraduate business schools in the world to the best MBA schools below, you will find all the information required to select the best institute. 

Best Business Schools in the World | Gradding.com

Table of Contents

What Makes the Top Business Schools Stand Apart?

The top business schools worldwide differentiate themselves by a blend of aspects, including strong scholarly rigour, a global network and renowned faculty. These institutes also promote an innovative culture and strong opportunities for career development.  However, the key factors that make the top business schools stand apart are mentioned below in detail.

Resources

The resources offered by an institute to its students play a vital role in providing them with a competitive edge over other top-ranking business schools. It is essential to offer something extra to students, including strategy resources and expert faculty, for the best education. These resources allow colleges to give high-quality courses and attract scholars with the best skills.

Better Placement Opportunities

Inner Pages

One of the major factors that sets the best business schools in the world apart is their placement success. High placement rates not only boost the university’s reputation but also reflect its ability to prepare students for real-world careers. Hence, having strong placement records in valuable recruiting companies indicates the effectiveness of schools in preparing scholars for jobs.

Scholarships

Scholarships are considered the best support given by any institute to its students, making it an effective factor that differentiates it from other top business schools in the world. These institutes offer financial grants to scholars to acknowledge and attract intellectually outstanding students, making the university more competitive than others.

Struggling to Find the Best Business School in the World?

Best Business Schools in the World

There are multiple reasons for studying at the best business schools in the world, as they offer the best faculty, teaching and research resources. However, choosing the right business school can be overwhelming as you need to consider various factors, including their fees and ranking. Hence, the information below includes details about the tuition cost and rankings of some of the top-notch business schools in the world.

United Kingdom

The United Kingdom is home to some of the best business schools in the world, including Oxford, London Business School and Imperial College London. Below is the list of top universities that you can consider for pursuing business courses. Moreover, this list includes top-ranked colleges, which are ranked based on education quality and job prospects. 

University

QS Ranking

Annual Fee

Imperial College London

2

$52,943 - $57,554

(INR 46.25 L  – INR 50.28 L)

University of Oxford

3

$113,427 - $128,529

(INR 99.09 L – INR 1.12 Cr)

University of Cambridge

5

$73,460 - $75,729

(INR 64.18 L  – INR 66.16 L)

London Business School

7

$60,000 - $80,000

(INR 52.42 L – INR 69.89 L)

The University of Manchester

35

$42,654 - $47,465

(INR 37.26 L– INR 41.37 L)

The London School of Economics & Political Science

56

$36,265 - $38,051

(INR 31.68 L – INR 33.24 L)

The University of Warwick

74

$45,385 - $57,850

(INR 39.64 L – INR 50.53 L)

University of Leeds

82

$20,308 - $67,693

(INR 17.74 L – INR 59.13 L)

Lancaster College

157

$33,617 - $54,914

(INR 29.36 L – INR 47,97 L)

City College of London

352

$19,226 - $75,388

(INR 16.79 L – INR 65.85 L)

United States of America

The USA has some of the leading business schools and the University of Pennsylvania is one of them. It is ranked in 1st place for offering the best education. Below is the list, which shows the top business schools in the USA along with their annual fee and QS rankings.

University

QS Ranking

Annual Fee

Massachusetts Institute of Technology (MIT)

1

$85,000 – $90,000

(INR 74.09 L – INR 78.45 L)

Harvard University

4

$47,000 - $76,940

(INR 40.97 L – INR 67.05 L)

Stanford University

6

$85,755 - $135,771

(INR 74.73 L  – INR 1.18 Cr)

California Institute of Technology

10

$63,000 - $66,000

(INR 54.89 L – INR 57.50 L)

University of Pennsylvania

11

$59,624 - $67,223

(INR 51.95 L – INR 58.57 L)

University of Chicago

21

$68,250 - $88,863

(INR 59.47 L – INR 77.44 L)

Princeton University

22

$58,431 - $ 61,084

(INR 50.92 L - 53.21 L)

Yale University

23

$97,301- $123,936

(INR 84.77 L – INR 1.07 Cr)

Columbia University

34

$54,144 - $73,832

(INR 47.17 L – INR 64.32 L)

Canada 

Canada offers multiple benefits to students, including strong industry networks, globally recognised degrees and a diverse learning community. Also, the Canadian business schools are identified for their strong scholarly standards and expert faculties. You can check out the table below to find the rankings and potential fees of business schools in Canada.

University

QS Ranking

Annual Fee

McGill University

27

$26,000 - $66,000

(INR 22.65 L – INR 57.51 L)

Rotman School of Management

40

$95,410 - $139,140

(INR 83.14 L – INR 1.21 Cr)

Ivey Business School

44

$89,298

(INR 77.79 L)

Alberta School of Business

101

$20,000 to $60,000

(INR 17.42 L – INR 52.26 L)

Smith School of Business at Queen’s University

103

$72,500 - $84,975

(INR 63.15 L – INR 74.02 L)

Singapore  

Singapore is one of the top choices for studying business because of its growing economy, global connectivity and high-quality teaching resources. Moreover, its industry-relevant courses offer a valuable learning experience to scholars.

However, it is crucial to know about the average fees to pursue business studies in Singapore. Hence, the table below provides details about the annual tuition costs and top-ranking colleges. 

University

QS Ranking

Annual Fee

National University of Singapore

8

$55,755 - $99,190

(INR 48.56 L – INR 86.41 L)

Nanyang Technological University

15

$55,635 - $75,000

(INR 48.46 L – INR 65.33 L)

Singapore Management University

585

$45,600 -  $61,040

(INR 39.72 L – INR 53.17 L)

Germany

German universities are highly regarded for pursuing business programs because of several factors, including global focus, strong job prospects and cheap tuition fees. German business institutes are recognised for their practical methods and rigorous curriculum. Below is a list of top business schools and their QS ranking that might help you decide which one is best for you.

University

QS Ranking

Annual Fee

Technical University of Munich

28

$6994 - $13,989

(INR 6.09 L – INR 12.18 L)

Ludwig-Maximilians-Universität München

59

$233

(INR 20 K)

Freie Universitaet Berlin

88

$380

(INR 33 K)

WHU- Otto Beisheim School of Management

134

$50,141

(INR 43.64 L)

Universität Mannheim

487

$64,137

(INR 55.83 L)

Netherlands  

From high quality of life to rousing job prospects, the Netherland is preferred by many students to pursue their business courses. It boasts several globally qualified business institutes, including the University of Amsterdam and Erasmus University. However, you can read the details below to find the tuition fees and ranking of the colleges.  

University

QS Ranking

Annual Fee

University of Amsterdam

53

$20,163 - $22,226

(INR 17.55 L – INR 19.35 L)

Erasmus University Rotterdam

158

$15,417 - $26,280

(INR 13.42 L – INR 22.87 L)

University of Groningen

159

$15,417 - $19,855

(INR 13.42 L – INR 17.28 L)

Eindhoven University of Technology

136

$16,000 - $23,125

(INR 13.92 L – INR 20.13 L)

Maastricht University

230

$10,979 - $16,000

(INR 9.55 L – INR 13.92 L)

Tilburg University

347

$10,862 - $19,273

(INR 9.45 L – INR 16.77 L)

Australia

Being an ideal study destination for scholars across the world, Australia have some of the best business schools in the world. Here, the education system focuses on providing a unique teaching system and proficient faculty. However, to find the most appropriate university for yourself, you can use the college finder tool. It helps students to explore the best institute based on their academic and personal details. Now, see some of the best business schools in Australia.

University

QS Ranking

Annual Fee

The University of Melbourne

19

$47,644 - $51008

(INR 41.46 L – INR 44.38 L)

The University of New South Wales

20

$43,000 - $51,000

(INR 37.42 L – INR 44.38 L)

The University of Sydney

25

$53,600 - $60,600

(INR 46.64 L – INR 52.74 L)

The Australian National University

32

$34,350 - $39,100

(INR 29.89 L – INR 34.02 L)

Monash University

36

$33,300 - $49,200

(INR 28.99 L – INR 42.83 L)

The University of Queensland

42

$48,160 - $54,096

(INR 41.92 L – INR 47.09 L)

University of Technology Sydney

96

$53,600 - $60,600

(INR 46.64 L – INR 52.75 L)

Macquarie University

133

$49,920 - $56,000

(INR 43.44 L – INR 48.73 L)

Curtin University

174

$39,600 - $46,200

(INR 34.56 L – INR 40.32 L)

Deakin University

197

$55,000 - $58,588

(INR 48 L – INR 51.14 L)

Admission Requirements for the Best Business School

Students need to understand the specific requirements to secure admission to the top business schools. The information below provides a detailed outline of these essentials for global students.

Admission Requirements for Undergraduate Programs

The admission requirements to get access to the best undergraduate business schools in the world are as follows:

  • Secondary education certificate equal to a U.S. high school qualification (signifies student has completed grades 9 – 12)
  • Strong scholarly report with high GPA scores
  • Submission of ACT (American College Testing) or SAT (Scholastic Assessment Test) scores
  • IELTS or TOEFL scores are mandatory for students from Non-native English-speaking countries
  • Application form
  • Statement of purpose to show your experiences and inspiration
  • Recommendation letter from mentors
  • A CV that includes details about your skills and relevant experiences
  • Evidence, such as a bank statement, that shows your financial stability to cover living and tuition fees

Admission Requirements for Graduate Programs

The admission requirements to apply for graduate programs in top business schools include a strong GPA score, professional recommendations, SOP and additional documents mentioned below in detail. You can also consult a study abroad consultant to get precise details based on your chosen college.  

  • A Bachelor’s degree from a reputed institution
  • Submission of GRE (Graduate Record Examination) or GMAT (Graduate Management Admission Test) scores is essential
  • IELTS scores above 6.0 and TOEFL scores above 100 for non-native English speakers
  • Professional resume
  • Recommendation letter from professors
  • Bank statement or financial affidavit
  • Some institutions involve an interview process as part of the admission requirements
  • Fee deposit on acceptance, in a few colleges

Need Help to Write a Perfect Statement of Purpose?

Eligibility Criteria for Business Schools

Business school eligibility criteria requires a bachelor’s degree, GMAT, CAT or GRE scores and sometimes ask about your work experience. However, many business schools give more importance to global mobility and give more priority to students with diverse experiences and skills.

Below is a general overview of the ordinary criteria to get into top business schools.

  • Scholarly Certificates: a degree of Bachelor’s from a reputed institute with strong academic performance is crucial. The student must secure a GPA score between 3.0 and 4.0.
  • Standardised Exam Results: One of the prominent factor to get admission in GMAT accepting colleges in world is high GMAT or GRE score as it provides competitive edge to your application. However, a few colleges might waive the condition for students with prominent work experience.
  • LOR/SOP: Applicants will require 2-3 recommendation letters from professors, colleagues or supervisors to verify their skills. You will need detailed essays that explain your career objectives and how the course aligns with your goals.  
  • Interviews: These are common aspects of the admission method and are mainly conducted over phone, through video or in person.

Final Thoughts

Selecting the best business schools in the world is the most prominent decision that has a huge impact on your career and academic goals. Students should begin their search by identifying their career goals and personal preferences, then use university rankings to shortlist potential options. Lastly, they should examine specific factors such as faculty, cost, location and curriculum.

But this process can be complex. Therefore, connect with our experts at gradding.com and find out the best programs through the course finder tool that match your objectives. The expert also helps you decide the best college based on your scholarly records, budget and future aims, so connect now!

FAQs: -

Ques1. Which is the most prestigious business school in the world?

According to the CEOWORLD magazine’s 2025, the Wharton School (University of Pennsylvania is considered the most prestigious business school in the world. Moreover, London Business School is 2nd on the list, which is followed by MIT Sloan at the 3rd position.

Ques2. What countries are the best to study business in?

The United Kingdom, Canada and the United States are often cited as the best destinations to study business. It is due to their highly-ranked business universities, strong career opportunities and global networking prospects. Moreover, other prominent options are the Netherlands,Germany and Australia.

Ques3. What are the top undergraduate business schools in the world?

The following institutes are consistently ranked as the top undergraduate business schools:

  • Wharton School of the University of Pennsylvania
  • Massachusetts Institute of Technology (MIT) Sloan School of Management
  • Harvard University
  • Stanford University
  • University of California

Ques4. Which country is No. 1 for MBA?

The USA is the best country for pursuing MBA programs due to its top business schools, such as the University of Pennsylvania. It offers strong career opportunities to MBA graduates, specifically in consulting and finance fields.

Ques5. Which is the rank 1 business school in India?

The Indian Institute of Management (IIM) Ahmedabad is ranked as the best business school in India. The institute secures a top position in several international and national rankings. The school also offer high placement rates with high salary packages for its students.

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