25 Best Schools For Business Management Studies In The US

Want to know more about the Best Schools For Business Management Studies In the US and make an informed decision? Here is a good place to start.

Are you looking to pursue a career in business management but unsure of which school to attend?

In this guide, we will embark on a journey of intellectual exploration, uncovering the most prestigious institutions where future leaders of industry are molded and trained.

From the halls of finance to the Ivy League of entrepreneurship, we will examine the finest programs our country has to offer.

Join us as we delve into the world of top-tier business education and discover the schools that produce the Masters of the Universe.

Please note that schools are selected based on our criteria (at the end of the article), ranked by the latest acceptance rate. 

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#25. Arizona State University

• Acceptance rate: 88%
• Average entry score: 1120-1180 SAT or 22-24 ACT
• Student-to-faculty ratio: 18 to 1
• Estimated cost of attendance (tuition and fees): $32,207
• Average earning potential for graduates: $97,000 (College Simply)

Arizona State University’s business management program provides aspiring leaders with a comprehensive education in key areas such as accounting, finance, marketing, and organizational behavior.

The program’s emphasis on innovation and entrepreneurship prepares graduates to succeed in a dynamic business environment. ASU’s close ties to the business community also offer valuable networking opportunities. 

Source: ASU Online

#24. Auburn University

• Acceptance rate: 85%
• Average entry score: 1170-1350 SAT or 24-30 ACT
• Student-to-faculty ratio: 29 to 1
• Estimated cost of attendance (tuition and fees): $32,678-$52,838
• Average earning potential for graduates: $113,000 (College Simply)

Auburn University offers a variety of business management programs that prepare graduate students for success in the business world.

Graduates of these programs are equipped with the knowledge and skills necessary to become leaders in their field.

Through hands-on experience, internship opportunities, and coursework, students gain a deep understanding of business principles.  

Source: Herbert College of Business

#23. Michigan State University

• Acceptance rate: 76%
• Average entry score: 1109-1320 SAT or 23-29 ACT
• Student-to-faculty ratio: 16 to 1
• Estimated cost of attendance (tuition and fees): $29,184-$54,490
• Average earning potential for graduates: $93,900 (College Simply) 

Michigan State University offers a range of business management programs that prepare students to become effective leaders in the professional world.

The programs are designed to provide students with the skills and knowledge necessary to succeed in a variety of industries. Graduates of these programs emerge as well-rounded professionals ready to tackle challenges in their chosen fields.

By emphasizing hands-on learning and real-life scenarios, MSU’s business management programs equip students to thrive in their chosen professions, leaving a lasting, positive impression in their respective communities.

Source: MSU Broad College of Business

#22. Pennsylvania State University

• Acceptance rate: 74%
• Average entry score: 1200-1400 SAT or 26-32 ACT
• Student-to-faculty ratio: 14 to 1
• Estimated cost of attendance (tuition and fees): $36,484-$54,062
• Average earning potential for graduates: $88,600 (College Simply)

Penn State’s business management programs, housed in the renowned Smeal College of Business, combine rigorous academics with real-world experiences.

The curriculum emphasizes leadership, innovation, and ethical decision-making, preparing graduates to excel in diverse industries. Students benefit from personalized career coaching, internships, and networking opportunities with top companies.

This ensures they are equipped with the skills and connections to thrive in today’s competitive business landscape. Penn State alumni emerge as well-rounded, adaptable professionals ready to lead.

Source: Penn State

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#21. The Ohio State University

• Acceptance rate: 68%
• Average entry score: 1210-1430 SAT
• Student-to-faculty ratio: 18 to 1
• Estimated cost of attendance (tuition and fees): $29,368-$52,451
• Average earning potential for graduates: $103,900 (College Simply)

Ohio State University’s business management programs, offered through the esteemed Fisher College of Business, emphasize innovation, experiential learning, and global perspectives. Graduates excel due to a tailored curriculum, top-tier faculty, and extensive networking opportunities.

Fisher’s strong corporate partnerships and dedicated career services ensure students are well-prepared for today’s competitive job market. The diverse, collaborative environment fosters leadership skills and adaptability, empowering graduates to thrive in various industries.

Source: The Ohio State University

What’s it like to study at the Ohio State University?

#20. Texas A&M University

• Acceptance rate: 64%
• Average entry score: 1160-1380 SAT or 25-31 ACT
• Student-to-faculty ratio: 21 to 1
• Estimated cost of attendance (tuition and fees): $26,268-$42,675
• Average earning potential for graduates: $110,800 (College Simply) 

Texas A&M University’s business management programs offer a comprehensive curriculum that prepares students for successful careers in a variety of industries.

Students gain practical experience through internships, hands-on projects, and access to a vast network of alumni and industry professionals.

Graduates are equipped with strong analytical, critical thinking, and communication skills, which are highly valued by employers.

Texas A&M’s commitment to ethics and leadership development also ensures that graduates are well-rounded and capable of making ethical and responsible decisions in the workplace.

Source: Texas A&M University Catalog

#19. University of Illinois at Urbana-Champaign

• Acceptance rate: 60%
• Average entry score: 1210-1470 SAT or 27-33 ACT
• Student-to-faculty ratio: 21 to 1
• Estimated cost of attendance (tuition and fees): $33,060-$50,510
• Average earning potential for graduates: $91,500 (College Simply)

At the University of Illinois at Urbana-Champaign, business management programs empower graduates with a world-class education and hands-on experience.

The Gies College of Business offers cutting-edge programs, including MBA, specialized master’s, and undergraduate degrees. Students develop vital leadership, strategy, and innovation skills, producing well-rounded professionals ready for diverse careers.

With strong industry connections and a focus on experiential learning, graduates emerge as competitive, in-demand leaders, propelling their careers and businesses to new heights

Source: Gies College of Business

What’s it like to study at the University of Illinois at Urbana-Champaign?

#18. University of Georgia

• Acceptance rate: 43%
• Average entry score: 1270-1450 SAT or 29-33 ACT
• Student-to-faculty ratio: 17 to 1
• Estimated cost of attendance (tuition and fees): $27,958-$46,998
• Average earning potential for graduates: $103,100 (College Simply) 

The business management programs at the University of Georgia offer students a diverse learning environment with access to top-notch resources and faculty.

Faculty members are experts in their respective fields and are dedicated to providing students with personalized attention and guidance.

These programs prepare students for successful careers in a variety of industries, from finance and consulting to entrepreneurship and non-profit management. Graduates leave with the skills and knowledge necessary to excel in their chosen field.

Source: Terry College of Business

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#17. University of Florida

• Acceptance rate: 42%
• Average entry score: 1300-1470 SAT or 29-33 ACT
• Student-to-faculty ratio: 18 to 1
• Estimated cost of attendance (tuition and fees): $21,430-$43,708
• Average earning potential for graduates: $82,400 (College Simply) 

At the University of Florida, business management students are taught the fundamental skills needed to climb the corporate ladder. The professors are industry experts with years of experience and a passion for developing the next generation of business leaders.

With a focus on leadership and problem-solving skills, students are prepared for success in their career path. Overall, the University of Florida’s business management programs provide students with the tools and knowledge they need to excel in the business world.

Source: UF Catalog

What’s it like to study at the University of Florida?

#16. University of Texas at Austin

• Acceptance rate: 32%
• Average entry score: 1230-1500 SAT or 29-34 ACT
• Student-to-faculty ratio: 16 to 1
• Estimated cost of attendance (tuition and fees): $28,928-$57,512
• Average earning potential for graduates: $127,200 (College Simply)

At the heart of business education, the University of Texas at Austin presents a diverse array of management programs tailored to the needs of aspiring business professionals.

Ranging from undergraduate to graduate degrees in Management, Business Administration, and Executive Education, these courses instill a solid foundation in management principles, leadership skills, and strategic thinking.

With a faculty comprising esteemed scholars and industry experts, UT Austin consistently ranks among top-tier business schools. Students benefit from dedicated career services, networking events, and hands-on learning experiences.

Source: The University of Texas at Austin

#15. Case Western Reserve University

• Acceptance rate: 30%
• Average entry score: 1420-1510 SAT or 32-35 ACT
• Student-to-faculty ratio: 9 to 1
• Estimated cost of attendance (tuition and fees): $62,234
• Average earning potential for graduates: $133,400 (College Simply) 

The business management programs at Case Western Reserve University offer a close-knit community for students to learn and grow in.

With small class sizes and a personalized approach to education, students are able to form strong relationships with both their peers and professors.

This undergraduate business administration program emphasizes the development of critical thinking and analytical skills, while the MBA program offers specialized tracks for students to focus on their specific interests. 

Source: Case Western Reserve University

#14. University of North Carolina at Chapel Hill

• Acceptance rate: 25%
• Average entry score: 1310-1500 SAT or 29-33 ACT
• Student-to-faculty ratio: 13 to 1
• Estimated cost of attendance (tuition and fees): $24,546-$51,725
• Average earning potential for graduates: $124,900 (College Simply)

UNC-Chapel Hill’s business management programs excel in providing a comprehensive, high-caliber education.

Renowned for its top-ranked Business School, students benefit from experienced faculty, a global alumni network, and hands-on learning opportunities.

UNC-Chapel Hill equips graduates with the skills to excel in the competitive business world, fostering a strong foundation for future success.

Source: UNC Catalog

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#13. Purdue University

• Acceptance rate: 25%
• Average entry score: 1267 SAT 
• Student-to-faculty ratio: 14 to 1
• Estimated cost of attendance (tuition and fees): $24,390-$50,000
• Average earning potential for graduates: $87,000 (College Simply)

Purdue University is dedicated to helping business management students achieve successful careers. The Krannert School of Management, recognized as one of the best in the world, provides students with valuable resources to prepare them for the workforce.

Students can engage in real-world experiences through internships, study abroad programs, and case competitions. Additionally, the university’s strong industry connections and alumni network provide students with access to top employers.

Purdue’s commitment to career readiness helps business management students achieve their professional goals.

Source: Purdue University

#12. New York University

• Acceptance rate: 21%
• Average entry score: 1455 SAT or 33 ACT
• Student-to-faculty ratio: 8 to 1
• Estimated cost of attendance (tuition and fees): $80,878
• Average earning potential for graduates: $138,300 (College Simply)

Students have the opportunity to work with experienced faculty members and interact with fellow students from diverse backgrounds.

The programs are structured to equip students with critical thinking, problem-solving, and leadership skills that are essential in today’s business landscape.

With access to world-class resources and a vibrant community of alumni, students are well-positioned to achieve their career goals and make an impact in the business world.

Source: NYU Stern 

#11. University of Virginia

• Acceptance rate: 20%
• Average entry score: 1320-1510 SAT or 30-34 ACT
• Student-to-faculty ratio: 15 to 1
• Estimated cost of attendance (tuition and fees): $36,840-$70,808
• Average earning potential for graduates: $148,100 (College Simply)

The University of Virginia’s business management programs offer a comprehensive education that prepares students for success in the modern business world.

With a focus on teamwork, leadership, and ethical decision-making, students can expect to develop a range of skills that will serve them well in their careers.

The faculty are experienced, knowledgeable professionals who offer challenging coursework and personalized attention to help students achieve their goals.

Their programs also prioritize innovation and collaboration, providing students with unique opportunities to grow and thrive.  

Source: Darden School of Business

#10. Boston University

• Acceptance rate: 20%
• Average entry score: 1310-1500 SAT
• Student-to-faculty ratio: 11 to 1
• Estimated cost of attendance (tuition and fees): $79,606
• Average earning potential for graduates: $102,800 (College Simply)

Boston University’s Questrom School of Business provides students with the tools and support they need to succeed in the competitive world of business management.

The faculty consists of experienced business professionals and scholars who bring a wealth of knowledge and expertise to the classroom.

Additionally, the school provides numerous resources for students, including access to cutting-edge research, industry partnerships, and a strong alumni network. 

Source: BU MET

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#9. University of Michigan Ann Arbor

• Acceptance rate: 20%
• Average entry score: 1360-1530 SAT or 31-34 ACT
• Student-to-faculty ratio: 15 to 1
• Estimated cost of attendance (tuition and fees): $32,272-$69,326
• Average earning potential for graduates: $76,900 (College Simply)

At the heart of the prestigious University of Michigan Ann Arbor is the renowned Ross School of Business, offering exceptional undergraduate and graduate degree programs.

Its success lies in nurturing ethical, innovative leaders capable of tackling intricate business challenges. The program incorporates experiential learning, global outlook, and social responsibility.

With opportunities for internships, study abroad experiences, and professional development, students gain invaluable skills to thrive in the competitive business world.

Source: Michigan Ross

#8. Georgia Institute of Technology

• Acceptance rate: 16%
• Average entry score: 1390 SAT
• Student-to-faculty ratio: 21 to 1
• Estimated cost of attendance (tuition and fees): $31,898-$53,010
• Average earning potential for graduates: $122,800 (College Simply) 

Georgia Tech’s business management programs excel due to their innovative curriculum, world-class faculty, and strong industry connections. Emphasizing experiential learning and cutting-edge research, students gain hands-on experience in business and supply chain management.

Top-tier resources and state-of-the-art facilities empower students to develop in-demand skills, fostering leadership and entrepreneurial mindsets.

With a vast alumni network and robust career services, graduates are well-equipped for success in today’s competitive global market, consistently securing top-tier placements in diverse industries.

Source: Georgia Tech

#7. Carnegie Mellon University

• Acceptance rate: 14%
• Average entry score: 1480-1560 SAT or 33-35 ACT
• Student-to-faculty ratio: 6 to 1
• Estimated cost of attendance (tuition and fees): $77,474
• Average earning potential for graduates: $127,600 (College Simply)

The business management programs at Carnegie Mellon University are highly respected and rigorous, emphasizing a practical, hands-on approach to learning.

Students have access to top faculty and cutting-edge research, and the curriculum integrates experiential learning opportunities, such as internships and consulting projects.

The school also emphasizes ethical leadership and global awareness, preparing students for success in a diverse and rapidly changing business environment.

Source: Tepper School of Business

#6. University of California Berkeley

• Acceptance rate: 14%
• Average entry score: 1415 SAT
• Student-to-faculty ratio: 17 to 1
• Estimated cost of attendance (tuition and fees): $41,878-$71,632
• Average earning potential for graduates: $76,600 (College Simply)

The business management program at UC Berkeley’s Haas School of Business offers a rigorous curriculum that emphasizes leadership, innovation, and social responsibility.

Graduates are well-prepared for careers in various industries, including finance, consulting, technology, and entrepreneurship. They have access to a strong alumni network, career coaching, and a range of resources to support their job search.  

Source: Berkeley Haas

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#5. Emory University

• Acceptance rate: 13%
• Average entry score: 1420-1540 SAT or 32-34 ACT
• Student-to-faculty ratio: 9 to 1
• Estimated cost of attendance (tuition and fees): $75,594
• Average earning potential for graduates: $126,200 (College Simply) 

Emory University’s business management programs, housed within the prestigious Goizueta Business School, offer unparalleled opportunities for students.

These programs emphasize hands-on learning, global exposure, and innovative curricula, fostering a tight-knit, diverse community. Students benefit from personalized career guidance, robust alumni networks, and an intimate classroom experience.

Emory’s prime Atlanta location also provides direct access to Fortune 500 companies, fostering strong industry connections and invaluable real-world experiences, preparing graduates for long-term career success.

Source: Goizueta Business School

#4. Georgetown University

• Acceptance rate: 12%
• Average entry score: 1370 SAT or 29 ACT
• Student-to-faculty ratio: 11 to 1
• Estimated cost of attendance (tuition and fees): $82,505 
• Average earning potential for graduates: $123,100 (College Simply)

Nestled in the heart of the nation’s capital, Georgetown University’s McDonough School of Business boasts a range of business management programs, including undergraduate, MBA, executive MBA, and specialized master’s degrees.

With a strong emphasis on cultivating knowledge, skills, and values, the school positions its students for success in an ever-changing business landscape.

Consistently ranked among America’s top business schools, McDonough’s prestige is derived from its experiential learning approach, global insights, and dedication to ethical leadership.

Source: McDonough School of Business

What’s it like to study at Georgetown University?

#3. Cornell University

Credits: Cornell University

• Acceptance rate: 11%
• Average entry score: 1450-1560 SAT or 33-35 ACT 
• Student-to-faculty ratio: 9 to 1
• Estimated cost of attendance (tuition and fees): $78,992
• Average earning potential for graduates: $142,300 (College Simply)

Cornell University’s business management programs are consistently ranked among the best in the world. What sets them apart is their focus on practical, hands-on experience that prepares students for real-world challenges.

With access to world-renowned faculty, cutting-edge research centers, and a vast alumni network, students are provided with a wealth of resources to succeed. The programs emphasize a multidisciplinary approach, combining business, engineering, and technology to provide a well-rounded education.  

Source: Cornell SC Johnson

#2. University of Pennsylvania

• Acceptance rate: 6%
• Average entry score: 1460-1570 SAT or 33-35 ACT
• Student-to-faculty ratio: 7 to 1
• Estimated cost of attendance (tuition and fees): $65,790
• Average earning potential for graduates: $165,700 (College Simply)

The business management programs at the University of Pennsylvania’s Wharton School are highly regarded for their rigorous academic curriculum and practical, hands-on approach to business education.

Wharton offers undergraduate, MBA, executive MBA, and doctoral programs, all of which emphasize interdisciplinary learning, global perspective, and innovation.

Their unique characteristics include a focus on entrepreneurship, a strong network of alumni and industry partners, and cutting-edge research centers that address real-world business challenges.  

Source: The Wharton School

#1. Massachusetts Institute of Technology

• Acceptance rate: 4%
• Average entry score: 1570 SAT or 36 ACT
• Student-to-faculty ratio: 3 to 1
• Estimated cost of attendance (tuition and fees): $77,570
• Average earning potential for graduates: $153,200 (College Simply)

MIT Sloan School of Management offers a range of business management programs, including an MBA, a Master of Finance, and a Master of Business Analytics.

Graduates from these programs have a wide range of job prospects in various industries, including consulting, finance, technology, and entrepreneurship.

The school has a strong network of alumni, and many graduates go on to work for top companies such as McKinsey, Goldman Sachs, and Amazon. MIT Sloan also offers extensive career development resources to help undergraduate students achieve their career goals.

Source: MIT Sloan

What’s it like to study at Case Western Reserve University?

Conclusion

The best business management schools go beyond teaching in the classroom, providing students with skills and knowledge to excel in their careers.

These institutions foster innovation, networking, and diverse learning opportunities, creating effective leaders and global changemakers.

As a prospective student, you should choose your school carefully, as making the right choice can be the first step towards a successful career in business leadership.

Insider Tips 🚀 A thoughtful CV is more likely to get a thoughtful response. Often "thoughtful" just means you have taken the time to understand what they need and reflect that understanding on your CV.  🤖 Use Jasper to tailor the CV and cover letter for you to 10X your interviews. 💡 Check out these tools to boost your productivity and impact.

Selection Criteria

Here is a list of the factors we considered when selecting the best business management schools:

Please note that the order in this list might vary by ranking criteria and sources.

1. Reputation and ranking of the school: We looked for schools that have a strong reputation and high ranking in business management.
2. Faculty expertise, qualifications, and specialization: We researched the faculty members and their areas of expertise, and qualifications to ensure that the school has professors with relevant expertise and specialization in the areas of business management that are of interest.
3. Curriculum and resources: We evaluated the curriculum to ensure it aligns with students’ interests and career goals and considered the quality of the school’s facilities and resources, such as labs, equipment, and libraries.
4. Opportunities for hands-on learning and research: We looked for schools that provide opportunities for hands-on experience through internships, co-op programs, or fieldwork.
5. Student support services and alumni network: We considered the availability of support services and the strength of the alumni network in providing mentorship, internships, and job opportunities after graduation.
6. Extracurricular activities and diversity: We evaluated the availability of extracurricular activities and clubs that align with students’ interests and considered the school’s diversity and inclusivity.
7. Networking and post-graduation support: We researched the school’s network of alumni and their post-graduation support for business management students, and also considered if the schools have a strong network of business management professionals and researchers.

Frequently Asked Questions

Q1. What is the best business management school in the US?

There are many great business management schools in the US. The best school for you will depend on your own personal goals and ambitions, as well as where you live and what type of program you’re looking for.

Some of the top schools include:

• Carnegie Mellon University
• MIT Sloan School of Management
• University of Michigan Ann Arbor
• University of Pennsylvania
• Harvard Business School
• Northwestern University
• University of California, Berkeley

Q2. How do I know if a business management school is right for me?

The best way to know if a business management school is right for you is to visit the campus, meet with an admissions counselor, and speak with current students.

If possible, take a tour of the facilities and classrooms to get a feel for what it’s like on a daily basis. You should also read through the school’s website carefully.

This will give you an idea of their academic business programs and what they offer in terms of career opportunities after graduation.

Q3. What can I do with my degree in business and management?

You can work in a wide variety of industries, including retail, banking, and insurance. The Bureau of Labor Statistics projects that the demand for business managers will grow by about 8 percent from 2021 to 2031.

Q4. Are business management degrees worth it?

The short answer is yes. Business management degree programs offer a wide range of career opportunities, from entry-level to senior executive positions in companies of all sizes.

While it’s true that many people with only an associate’s business degree manage to get by just fine, the fact is that earning your bachelor’s or master’s degree can open doors for you in terms of higher salary and better job opportunities.

Q5. How much do business management schools cost?

The price of an MBA can vary widely depending on the school, your own personal qualifications, and the program itself.

However, for most full-time programs at top schools, you can expect to pay between $50,000 and $150,000 for tuition alone (excluding living expenses). That’s not including any prerequisites or additional costs such as application fees or books.

References

[1] Official Websites 

[2] Salary Data from Glassdoor, College Factual, Grad Reports, College Simply, and Zippia, among others

[3] Ranking references including news media such as Top US Universities for Business & Management.