Harvard University is ranked first in Business Management and Stanford University is placed in second.
Management in business and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization or initiative to accomplish a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management is also an academic discipline, a social science whose object of study is the social organization.[see more at wiki]
Academic Factors Comparison Between Best Colleges in Business Management Major
3 public and 7 private schools are ranked in the top 10 Business Management colleges. The average acceptance ratio of the schools is 13.20% where Harvard University has the tightest acceptance ratio of 5% and University of Virginia-Main Campus has the highest ratio of 30%. Total 254,201 students are enrolled into best Business Management schools where University of Michigan-Ann Arbor has the largest population with 44,718 students and Dartmouth College has the smallest with 6,409 students. The average graduation rate is 94.20% and the average students to faculty ratio is 9.40:1 at those colleges.
Next table shows the academic information and key facts of the best Business Management colleges including acceptance ratio, graduation rates, student population, and students to faculty ratio.| Rank | Name | Acceptance Rates | Graduation Rates | Population | Student-Faculty Ratio |
|---|---|---|---|---|---|
| 1 | Harvard University Cambridge, MA | 5% | 97% | 29,908 | 7:1 (14.29 %) |
| 2 | Stanford University Stanford, CA | 5% | 94% | 17,184 | 10:1 (10.00 %) |
| 3 | University of Pennsylvania Philadelphia, PA | 9% | 95% | 24,960 | 6:1 (16.67 %) |
| 4 | University of Michigan-Ann Arbor Ann Arbor, MI | 29% | 91% | 44,718 | 12:1 (8.33 %) |
| 5 | Northwestern University Evanston, IL | 11% | 94% | 21,823 | 7:1 (14.29 %) |
| 6 | University of Virginia-Main Campus Charlottesville, VA | 30% | 94% | 23,898 | 15:1 (6.67 %) |
| 7 | Dartmouth College Hanover, NH | 11% | 97% | 6,409 | 7:1 (14.29 %) |
| 8 | Columbia University in the City of New York New York, NY | 7% | 94% | 29,372 | 6:1 (16.67 %) |
| 9 | University of California-Berkeley Berkeley, CA | 17% | 92% | 40,154 | 18:1 (5.56 %) |
| 10 | University of Chicago Chicago, IL | 8% | 94% | 15,775 | 6:1 (16.67 %) |
| Average | 13.20% | 94.20% | 254,201 (Total) | 9.40:1 (10.64 %) |
Best Business Management Colleges 2018 Tuition & Fees Comparison and 2019 Estimated Costs
Next table lists 2017-2018 tuition & fees and compares the costs between Best Business Management 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 Business Management schools is $50,832 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 Business Management schools is $44,298 where University of Chicago has the highest tuition with $57,000 and University of Virginia-Main Campus has the lowest amount of tuition with with $28,768.
| Rank | School Name | 2018 Tuition & Fees | 2019 Estimated Tuition & Fees | ||
|---|---|---|---|---|---|
| In-State | Out-of-State | In-State | Out-of-State | ||
| 1 | Harvard University | $48,949 | $50,898 | ||
| 2 | Stanford University | $49,617 | $51,352 | ||
| 3 | University of Pennsylvania | $53,534 | $55,687 | ||
| 4 | University of Michigan-Ann Arbor | $14,826 | $47,476 | $14,357 | $47,953 |
| 5 | Northwestern University | $52,678 | $54,566 | ||
| 6 | University of Virginia-Main Campus | $16,853 | $47,273 | $18,730 | $48,584 |
| 7 | Dartmouth College | $53,368 | $55,370 | ||
| 8 | Columbia University in the City of New York | $57,208 | $59,444 | ||
| 9 | University of California-Berkeley | $14,170 | $42,184 | $14,863 | $44,276 |
| 10 | University of Chicago | $56,034 | $59,816 | ||
| Average | $15,283 | $50,832 | $15,984 | $52,795 | |
| Rank | School Name | 2018 Tuition & Fees | 2019 Estimated Tuition & Fees | ||
|---|---|---|---|---|---|
| In-State | Out-of-State | In-State | Out-of-State | ||
| 1 | Harvard University | $45,958 | $47,587 | ||
| 2 | Stanford University | $47,940 | $47,940 | ||
| 3 | University of Pennsylvania | $37,134 | $38,729 | ||
| 4 | University of Michigan-Ann Arbor | $22,696 | $45,484 | $23,635 | $47,369 |
| 5 | Northwestern University | $52,679 | $54,558 | ||
| 6 | University of Virginia-Main Campus | $18,272 | $28,768 | $18,884 | $29,034 |
| 7 | Dartmouth College | $51,792 | $53,325 | ||
| 8 | Columbia University in the City of New York | $46,956 | $48,401 | ||
| 9 | University of California-Berkeley | $14,170 | $29,272 | $14,863 | $29,948 |
| 10 | University of Chicago | $57,000 | $59,245 | ||
| Average | $18,379 | $44,298 | $19,127 | $45,614 | |
