Undergraduate Business Best Colleges 2023 Tuition Comparison and 2024 Estimation

This page introduces the best Undergraduate Business colleges. University of Pennsylvania ranks first in Undergraduate Business program ranking and Massachusetts Institute of Technology is placed in second.

Academic Comparison Between Best Undergraduate Business Colleges

5 public and 6 private schools rank in the top 11 Undergraduate Business colleges. The schools' average acceptance rate is 19.27% where Massachusetts Institute of Technology has the tightest (lowest) acceptance rate of 4.00% and Indiana University-Bloomington has the highest rate of 82.00%. Total 412,429 students are enrolled in the best Undergraduate Business schools where New York University has the largest population with 58,226 students and Massachusetts Institute of Technology is the smallest school with 11,934 students.
The average graduation rate is 91.27% and the average students to faculty ratio is 11.00:1 at those colleges.
The following table shows and compares the academic information and key facts of the best Undergraduate Business colleges. The acceptance rate, SAT score, population, and the students to faculty ratio are for the academic year 2022-2023. The graduation rate is based on the academic year 2021-2022.
Table. 2023 Best Colleges in Undergraduate Business Program
RankNameAcceptance RateSAT ScoreGraduation RatePopulationStudent-Faculty Ratio
1University of Pennsylvania
Philadelphia, PA
7.00%1,54096%28,0386 to 1
2Massachusetts Institute of Technology
Cambridge, MA
4.00%1,56096%11,9343 to 1
2University of California-Berkeley
Berkeley, CA
11.00%-93%45,03620 to 1
2University of Michigan-Ann Arbor
Ann Arbor, MI
18.00%1,47094%50,27812 to 1
5New York University
New York, NY
12.00%1,53087%58,2268 to 1
5The University of Texas at Austin
Austin, TX
31.00%1,37088%51,99117 to 1
7Carnegie Mellon University
Pittsburgh, PA
11.00%1,54093%15,0575 to 1
8Cornell University
Ithaca, NY
7.00%1,53094%25,5829 to 1
8Indiana University-Bloomington
Bloomington, IN
82.00%1,29081%45,32817 to 1
9University of North Carolina at Chapel Hill
Chapel Hill, NC
17.00%1,46090%31,64115 to 1
10University of Southern California
Los Angeles, CA
12.00%1,52092%49,3189 to 1
Average19.27% 1,48191.27%412,429 (Total)11.00 to 1

Best Undergraduate Business Colleges 2023 Tuition Comparison and 2024 Estimated Costs

The following table lists and compares 2022-2023 tuition & fees between the best undergraduate business colleges. The 2022-2023 costs are officially published by NCES, National Center for Education Statistics.
The estimated costs for the academic year 2023-2024 are estimated based on each school's rate of tuition change from 2022 to 2023.
For the undergraduate programs, the average tuition & fees of the best undergraduate business colleges is $53,311 where University of Southern California has the most expensive costs at $64,726 and University of North Carolina at Chapel Hill has the lowest amount of tuition at $37,550.
The average graduate tuition & fees of the best undergraduate business colleges is $41,568 where University of Southern California has the highest tuition with $64,666 and The University of Texas at Austin has the lowest amount of graduate school tuition with $22,952.
UndergraduateGraduate
Table. Best Undergraduate Business Colleges 2023 Tuition Comparison and 2024 Estimation
RankSchool Name 2023 Tuition & Fees2024 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1University of Pennsylvania $63,452$65,243
2Massachusetts Institute of Technology $57,986$60,174
2University of California-Berkeley $14,395$44,467 $14,566 $44,959
2University of Michigan-Ann Arbor $16,736$55,334 $16,291 $55,572
5New York University $58,168$59,885
5The University of Texas at Austin $11,698$41,070 $11,644 $41,144
7Carnegie Mellon University $61,344$64,300
8Cornell University $63,200$65,463
8Indiana University-Bloomington $11,447$39,120 $11,562 $39,903
9University of North Carolina at Chapel Hill $8,989$37,550 $8,950 $38,221
10University of Southern California $64,726$68,118
Average$12,653$53,311$12,603$54,817
Table. Best Undergraduate Business Colleges 2023 Graduate School Tuition Comparison and 2024 Estimation
RankSchool Name 2023 Tuition & Fees2024 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1University of Pennsylvania $44,162$45,427
2Massachusetts Institute of Technology $61,075$63,258
2University of California-Berkeley $14,476$29,578 $14,476$14,799
2University of Michigan-Ann Arbor $26,226$52,456 $26,226$27,261
5New York University $39,592$41,028
5The University of Texas at Austin $12,036$22,952 $12,036$12,022
7Carnegie Mellon University $48,557$49,798
8Cornell University $30,019$30,032
8Indiana University-Bloomington $11,468$33,367 $11,468$11,609
9University of North Carolina at Chapel Hill $12,527$30,819 $12,527$12,488
10University of Southern California $64,666$68,110
Average$15,347$41,568$15,636$42,655