This page introduces the best Master of Business Administration (MBA) colleges. University of Chicago ranks first in Master of Business Administration (MBA) program ranking and Northwestern University is placed in second.
Academic Comparison Between Best Master Of Business Administration (MBA) Colleges
1 public and 9 private schools rank in the top 10 Master of Business Administration (MBA) colleges. The schools' average acceptance rate is 7.10% where Harvard University has the tightest (lowest) acceptance rate of 3.00% and University of Michigan-Ann Arbor has the highest rate of 18.00%. Total 261,070 students are enrolled in the best Master of Business Administration (MBA) schools where New York University has the largest population with 58,226 students and Dartmouth College is the smallest school with 6,761 students.
The average graduation rate is 94.80% and the average students to faculty ratio is 6.50:1 at those colleges.
The following table shows and compares the academic information and key facts of the best Master of Business Administration (MBA) 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.
| Rank | Name | Acceptance Rate | SAT Score | Graduation Rate | Population | Student-Faculty Ratio |
|---|---|---|---|---|---|---|
| 1 | University of Chicago Chicago, IL | 5.00% | 1,540 | 96% | 18,832 | 5 to 1 |
| 1 | Northwestern University Evanston, IL | 7.00% | 1,530 | 95% | 23,409 | 6 to 1 |
| 1 | University of Pennsylvania Philadelphia, PA | 7.00% | 1,540 | 96% | 28,038 | 6 to 1 |
| 4 | Massachusetts Institute of Technology Cambridge, MA | 4.00% | 1,560 | 96% | 11,934 | 3 to 1 |
| 5 | Harvard University Cambridge, MA | 3.00% | 1,550 | 97% | 31,345 | 7 to 1 |
| 6 | Dartmouth College Hanover, NH | 6.00% | 1,550 | 94% | 6,761 | 7 to 1 |
| 7 | Stanford University Stanford, CA | 4.00% | 1,550 | 96% | 17,680 | 5 to 1 |
| 8 | University of Michigan-Ann Arbor Ann Arbor, MI | 18.00% | 1,470 | 94% | 50,278 | 12 to 1 |
| 9 | Yale University New Haven, CT | 5.00% | 1,540 | 97% | 14,567 | 6 to 1 |
| 10 | New York University New York, NY | 12.00% | 1,530 | 87% | 58,226 | 8 to 1 |
| Average | 7.10% | 1,536 | 94.80% | 261,070 (Total) | 6.50 to 1 |
Best Master Of Business Administration (mba) Colleges 2023 Tuition Comparison and 2024 Estimated Costs
The following table lists and compares 2022-2023 tuition & fees between the best master of business administration (mba) 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 master of business administration (mba) colleges is $60,325 where University of Chicago has the most expensive costs at $64,260 and University of Michigan-Ann Arbor has the lowest amount of tuition at $55,334.
The average graduate tuition & fees of the best master of business administration (mba) colleges is $53,573 where University of Chicago has the highest tuition with $66,492 and New York University has the lowest amount of graduate school tuition with $39,592.
| Rank | School Name | 2023 Tuition & Fees | 2024 Estimated Tuition & Fees | ||
|---|---|---|---|---|---|
| In-State | Out-of-State | In-State | Out-of-State | ||
| 1 | University of Chicago | $64,260 | $67,735 | ||
| 1 | Northwestern University | $63,468 | $66,288 | ||
| 1 | University of Pennsylvania | $63,452 | $65,243 | ||
| 4 | Massachusetts Institute of Technology | $57,986 | $60,174 | ||
| 5 | Harvard University | $57,261 | $58,985 | ||
| 6 | Dartmouth College | $62,658 | $64,735 | ||
| 7 | Stanford University | $58,416 | $60,753 | ||
| 8 | University of Michigan-Ann Arbor | $16,736 | $55,334 | $16,291 | $55,572 |
| 9 | Yale University | $62,250 | $64,638 | ||
| 10 | New York University | $58,168 | $59,885 | ||
| Average | $16,736 | $60,325 | $16,291 | $62,401 | |
| Rank | School Name | 2023 Tuition & Fees | 2024 Estimated Tuition & Fees | ||
|---|---|---|---|---|---|
| In-State | Out-of-State | In-State | Out-of-State | ||
| 1 | University of Chicago | $66,492 | $69,150 | ||
| 1 | Northwestern University | $53,024 | $49,703 | ||
| 1 | University of Pennsylvania | $44,162 | $45,427 | ||
| 4 | Massachusetts Institute of Technology | $61,075 | $63,258 | ||
| 5 | Harvard University | $53,760 | $55,398 | ||
| 6 | Dartmouth College | $61,056 | $62,882 | ||
| 7 | Stanford University | $57,210 | $59,497 | ||
| 8 | University of Michigan-Ann Arbor | $26,226 | $52,456 | $26,226 | $27,261 |
| 9 | Yale University | $46,900 | $48,132 | ||
| 10 | New York University | $39,592 | $41,028 | ||
| Average | $26,226 | $53,573 | $27,261 | $54,900 | |
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