Best Colleges in Master of Business Administration (MBA) Program

This page introduces the top colleges in Master of Business Administration (MBA) program. Harvard University is ranked first in Master of Business Administration (MBA) program ranking and Stanford University is placed in second. Next describes the Master of Business Administration (MBA) program in general.
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 Comparison Between Best Colleges in Master Of Business Administration (MBA) Program

1 public and 9 private schools are ranked in the top Master of Business Administration (MBA) colleges. The average acceptance rate of the schools is 8.90% where Stanford University has the tightest acceptance rate of 4% and New York University has the highest rate of 20%. Total 253,699 students are enrolled into the best Master of Business Administration (MBA) schools where New York University has the largest population with 51,123 students and Dartmouth College is the smallest school with 6,509 students. The average graduation rate is 93.30% and the average students to faculty ratio is 7.90:1 at those colleges.
Next table shows the academic information and key facts of the best Master of Business Administration (MBA) colleges including acceptance rate, graduation rates, student population, and students to faculty ratio.
Table. Best Colleges in Master Of Business Administration (MBA) Program
RankName Acceptance RatesGraduation RatesPopulationStudent-Faculty Ratio
1Harvard University
Cambridge, MA
5%96%31,120 7:1 (14.29 %)
1Stanford University
Stanford, CA
4%94%17,534 12:1 (8.33 %)
1University of Pennsylvania
Philadelphia, PA
8%96%25,367 6:1 (16.67 %)
4University of Chicago
Chicago, IL
7%93%16,227 5:1 (20.00 %)
5Massachusetts Institute of Technology
Cambridge, MA
7%94%11,466 3:1 (33.33 %)
6Northwestern University
Evanston, IL
8%94%22,008 6:1 (16.67 %)
7University of California-Berkeley
Berkeley, CA
15%91%41,891 18:1 (5.56 %)
8Columbia University in the City of New York
New York, NY
6%95%30,454 6:1 (16.67 %)
9Dartmouth College
Hanover, NH
9%96%6,509 7:1 (14.29 %)
10New York University
New York, NY
20%84%51,123 9:1 (11.11 %)
Average8.90%93.30%253,699 (Total) 7.90:1 (12.66 %)

Best College In Master Of Business Administration (mba) 2019 Tuition Comparison and 2020 Estimated Costs

Next table lists 2018-2019 tuition & fees and compares the costs between the best college in master of business administration (mba). The 2018-2019 costs are officially published by IPEDS, U.S. Department of Education. The estimated costs for year 2019-2020 are calculated and estimated based on each school's tuition rates last year.

For the undergraduate programs, the average tuition & fees of the best college in master of business administration (mba) is $52,994 where Columbia University in the City of New York has the most expensive costs with $59,430 and University of California-Berkeley has the lowest amount of tuition with $43,176. The average graduate tuition & fees of the best college in master of business administration (mba) is $47,917 where University of Chicago has the highest tuition with $58,968 and University of California-Berkeley has the lowest amount of graduate school tuition with $29,233.
UndergraduateGraduate
Table. Best College In Master Of Business Administration (mba) 2019 Undergraduate Tuition Comparison and 2020 Estimation
RankSchool Name 2019 Tuition & Fees2020 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1Harvard University $50,420$51,935
1Stanford University $51,354$53,151
1University of Pennsylvania $55,584$57,712
4University of Chicago $58,230$61,846
5Massachusetts Institute of Technology $49,892$49,892
6Northwestern University $54,568$56,525
7University of California-Berkeley $14,184$43,176 $14,198$44,191
8Columbia University in the City of New York $59,430$68,395
9Dartmouth College $55,453$58,074
10New York University $51,828$53,228
Average$14,184$52,994$14,198$55,495
Table. Best College In Master Of Business Administration (mba) 2019 Graduate School Tuition Comparison and 2020 Estimation
RankSchool Name 2019 Tuition & Fees2020 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1Harvard University $47,562$49,221
1Stanford University $49,617$49,617
1University of Pennsylvania $38,630$40,186
4University of Chicago $58,968$61,003
5Massachusetts Institute of Technology $52,892$52,892
6Northwestern University $54,620$56,632
7University of California-Berkeley $14,131$29,233 $14,092$29,194
8Columbia University in the City of New York $48,390$49,867
9Dartmouth College $53,829$55,946
10New York University $45,426$47,060
Average$14,131$47,917$14,092$49,162

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