Top Master of Business Administration (MBA) Schools Admission and Tuition Comparison

Harvard University is ranked first in Master of Business Administration (MBA) and Stanford University is placed in second.
The Master of Business Administration (MBA or M.B.A.) is a master's degree in business administration. The MBA degree originated in the United States in the late 19th century when the country industrialized and companies sought scientific approaches to management. The core courses in an MBA program introduce the various areas of business such as accounting, finance, marketing, human resources and operations management; many programs include elective courses.[see more at wiki]


Academic Factors Comparison Between Best Colleges in Master Of Business Administration (MBA) Major

1 public and 9 private schools are ranked in the top 10 Master of Business Administration (MBA) colleges. The average acceptance ratio of the schools is 11.30% where Harvard University has the tightest acceptance ratio of 5% and New York University has the highest ratio of 32%. Total 247,511 students are enrolled into best Master of Business Administration (MBA) schools where New York University has the largest population with 50,550 students and Dartmouth College has the smallest with 6,409 students. The average graduation rate is 93.50% and the average students to faculty ratio is 8.00:1 at those colleges.
Next table shows the academic information and key facts of the best Master of Business Administration (MBA) colleges including acceptance ratio, graduation rates, student population, and students to faculty ratio.
Table. Best Master Of Business Administration (MBA) Colleges Overview
RankName Acceptance RatesGraduation RatesPopulationStudent-Faculty Ratio
1 Harvard University
Cambridge, MA
5%97%29,908 7:1 (14.29 %)
1 Stanford University
Stanford, CA
5%94%17,184 10:1 (10.00 %)
1 University of Pennsylvania
Philadelphia, PA
9%95%24,960 6:1 (16.67 %)
4 University of Chicago
Chicago, IL
8%94%15,775 6:1 (16.67 %)
5 Massachusetts Institute of Technology
Cambridge, MA
8%93%11,376 3:1 (33.33 %)
6 Northwestern University
Evanston, IL
11%94%21,823 7:1 (14.29 %)
7 University of California-Berkeley
Berkeley, CA
17%92%40,154 18:1 (5.56 %)
8 Columbia University in the City of New York
New York, NY
7%94%29,372 6:1 (16.67 %)
9 Dartmouth College
Hanover, NH
11%97%6,409 7:1 (14.29 %)
10 New York University
New York, NY
32%85%50,550 10:1 (10.00 %)
Average11.30%93.50%247,511 (Total) 8.00:1 (12.50 %)

Best Master of Business Administration (MBA) Colleges 2018 Tuition & Fees Comparison and 2019 Estimated Costs

Next table lists 2017-2018 tuition & fees and compares the costs between Best Master of Business Administration (MBA) Colleges. The 2017-2018 costs are officially published by IPEDS, U.S. Department of Education. The estimated costs for year 2018-2019 are calculated and estimated based on each school's tuition rates last year.

For the undergraduate programs, the average tuition & fees of best Master of Business Administration (MBA) schools is $51,393 where Columbia University in the City of New York has the most expensive costs with $57,208 and University of California-Berkeley has the lowest amount of tuition with with $42,184. The average graduate tuition & fees of best Master of Business Administration (MBA) schools is $46,547 where University of Chicago has the highest tuition with $57,000 and University of California-Berkeley has the lowest amount of tuition with with $29,272.
UndergraduateGraduate
Table. Best Master of Business Administration (MBA) Colleges 2018 Undergraduate Tuition & Fees Comparison and 2019 Estimation
RankSchool Name 2018 Tuition & Fees2019 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1Harvard University $48,949$50,898
1Stanford University $49,617$51,352
1University of Pennsylvania $53,534$55,687
4University of Chicago $56,034$59,816
5Massachusetts Institute of Technology $49,892$51,374
6Northwestern University $52,678$54,566
7University of California-Berkeley $14,170$42,184 $14,863$44,276
8Columbia University in the City of New York $57,208$59,444
9Dartmouth College $53,368$55,370
10New York University $50,464$51,906
Average$14,170$51,393$14,863$53,469
Table. Best Master of Business Administration (MBA) Colleges 2018 Graduate School Tuition & Fees Comparison and 2019 Estimation
RankSchool Name 2018 Tuition & Fees2019 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1Harvard University $45,958$47,587
1Stanford University $47,940$47,940
1University of Pennsylvania $37,134$38,729
4University of Chicago $57,000$59,245
5Massachusetts Institute of Technology $52,892$54,588
6Northwestern University $52,679$54,558
7University of California-Berkeley $14,170$29,272 $14,863$29,948
8Columbia University in the City of New York $46,956$48,401
9Dartmouth College $51,792$53,325
10New York University $43,848$45,379
Average$14,170$46,547$14,863$47,970

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