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Best Undergraduate Business Schools in the World

December 22, 2023 6 Mins Read
Updated On: July 18, 2025

Best Undergraduate Business Schools in the World

Table of Contents

  • What countries are the best to study business?
  • What is the hardest business university in the world?
  • Which undergraduate business school is easiest to get into?
  • What are the top undergraduate business schools In the world?
    • University of Pennsylvania
    • Massachusetts Institute of Technology
    • University of California, Berkeley
    • University of Michigan–Ann Arbor
    • New York University
    • University of Texas at Austin
    • Carnegie Mellon University
    • Cornell University
    • Indiana University–Bloomington
    • University of North Carolina at Chapel Hill

There are innumerable reasons to study in top undergraduate business schools in the world. The universities are equipped with the best faculty, research, and teaching methodologies. Students can participate in research programs in universities to prepare for business careers. However, it’s important to look at more than just university prestige; it’s also important to consider your financial situation, location, personal interests, and career prospects.

What countries are the best to study business?

According to the Financial Times of London, they’ve listed the top 100 schools based on many factors. Thus, the best countries to study business are the United States, United Kingdom, China, India, France, Canada, Singapore, Hong Kong, and Germany.

What is the hardest business university in the world?

Stanford GSB is the hardest business university in the world to get into, with only a 6% acceptance rate. 

Which undergraduate business school is easiest to get into?

As per U.S. News and World Report, The University of Colorado, Boulder, and Tulane Universityโ€”regularly receive rankings in the top 100 with the highest acceptance rate. 

What are the top undergraduate business schools In the world?

The best business schools in the world are as follows:

University of Pennsylvania

U.S News & World Report Business Programs Ranking: #1 in Business Programs

QS Ranking: # 12 World University Rankings

Acceptance Rate: 5.9%

Tuition Fees: $61k
Campus: Philadelphia

The University of Pennsylvania is a private league research university founded in 1740 by Benjamin Franklin. Pen boasts the highest number of graduates who are Fortune 500 CEOs. The Wharton School of the University of Pennsylvania (U.S News Business Schools- Ranks 3rd) is the business school of The University of Pennsylvania. The business school was established in 1881 and is the world’s first business school. They offer exceptional UG education in business programs like accounting, e-commerce, business analytics, finance, economics, management, statistics, etc.

Massachusetts Institute of Technology

U.S News & World Report Business Programs Rankings: #2 in Business Programs

QS Ranking: #14

Acceptance Rate: 4.1%

Tuition Fees: $57,790
Campus: Cambridge, Massachusetts

Massachusetts Institute of Technology is a private research university founded in 1861. Graduates have gone on to be the top CEOs and presidents of Israel. The MIT Sloan of Management (U.S News Business Schools- Ranks 4th) is the business school of MIT, Cambridge, Massachusetts. The business school was founded in 1941 and is one of the best business schools in the world for undergraduates. They offer top class UG education in business departments and concentration in economics,  accounting, business analytics entrepreneurship, finance, management, operations research, tax, and many others. 

University of California, Berkeley

U.S News & World Report Business Programs Rankings: #2 in Business Programs (tie)

QS Ranking: #11

Acceptance Rate: 7.6% 

Tuition Fees: $14,162
Campus:
Berkeley, San Francisco

The University of California, Berkeley, is the state’s first land grant public research university. It was founded in 1868 and produces notable alumni who rank at the top of the business industry. The Haas School of Business (U.S News Business Schools- Ranks 11th (tie) is the business school of The University of California.The business school  was founded in 1898 and is the best undergraduate business school in the world. The popular departments and concentrations are business analytics entrepreneurship, finance, management, economics, accounting, operations research, and tax. 

University of Michigan–Ann Arbor

U.S News & World Report Business Programs Rankings: #4 in Business Programs 

QS Ranking: #26

Acceptance Rate: 14.8% 

Tuition Fees: $17,094
Campus:  Ann Arbor, Michigan

University of Michigan–Ann Arbor is one of the top-ranked public universities founded in 1817. The notable alumni are Stacey Stewart, U.S. president of United Way Worldwide, and Roger Frock, former general manager of FedEx.The Ross School of Business (U.S News Business Schools- Ranks 8th (tie)) is affiliated with University of Michigan. The business school was founded in 1924 and is the best undergraduate business school in the world. The popular departments and concentrations are business analytics entrepreneurship, finance, management, economics, accounting, operations research, and tax. 

New York University

U.S News & World Report Business Programs Rankings: #5 in Business Programs 

QS Ranking: #15

Acceptance Rate: 8.2%

Tuition Fees: $59,457
Campus: New York City

New York University is a private institution founded in 1831. Graduates are top CEOs, chairmen, and presidents of 500 Fortune Companies. NYU Stern School of Business (U.S. News Business Schools- Ranks 10th) is affiliated with N.Y. University.The business school was founded in 1990 and offers the best undergraduate business school in the world. The popular courses are business analytics, accounting, operations research, entrepreneurship, finance, management, economics and many business studies. 

University of Texas at Austin

U.S News & World Report Business Programs Rankings: #5 in Business Programs(tie)

QS Ranking: #36

Acceptance Rate: 10.1% 

Tuition Fees: $14,014
Campus: Austin

University of Texas at Austin is a well-known public institution and one of the largest schools in the country. It was founded in 1883. Today, the university offers study programs in other countries like the UK, Spain, Italy, France, and China. McCombs School of Business (U.S. News Business Schools- Ranks 20th (tie)) is at the University of Texas at Austin. The business school was founded in 1922 and stands out as one of the best business undergraduate schools in the world. The popular courses are business analytics, accounting, management, consulting, accounting, information systems, finance, management, economics, and many business concentrations. 

Carnegie Mellon University

U.S News & World Report Business Programs Rankings: #7 in Business Programs

QS Ranking: #18 

Acceptance Rate: 6.2% 

Tuition Fees: $61,030

Campus:  Pittsburgh

Carnegie Mellon University is a private research university founded in 1990. Randy Pausch, author of the New York Times best-selling book “The Last Lecture,” was a professor at Carnegie Mellon. The Tepper School of Business ( (U.S News Business Schools- Ranks 18th) is the business school of Carnegie Mellon University. The business school was founded in 1949 and is one of the best business undergraduate schools in the world. Popular business subjects are management, economics, accounting, business analytics, entrepreneurship, finance, etc.

Cornell University

U.S News & World Report Business Programs Rankings: #8 in Business Programs

QS Ranking: #26

Acceptance Rate: 10.7% 

Tuition Fees: $67,990

Campus: Ithaca

Cornell University is a private Ivy League land-grant research university. It was founded in 1865 and has graduated some notable alumni who rank at the top of the business industry. Cornell SC Johnson College of Business (U.S News Business Schools- Ranks 15th (tie)) is the business school of Cornell University. The business school was founded in 1946 and is the best undergraduate business school in the world. The best subjects are economics, accounting, entrepreneurship, finance, management, operations research, and tax.

Indiana University–Bloomington

U.S News & World Report Business Programs Rankings: #8 in Business Programs

QS Ranking: #59

Acceptance Rate: 25.3% 

Tuition Fees: $28,425

Campus:Bloomington

Indiana University–Bloomington is a public research university founded in 1820 and changed its name in 1838. The university boasts the highest number of graduates who are Fortune 500 CEOs. Kelley School of Business at Indiana University (U.S News Business Schools- Ranks 22nd (tie)) is the business school of Indiana University–Bloomington. The business school was established in 1920 and is considered one of the world’s business schools. They offer exceptional UG education in business programs like business analytics, finance, economics, management, accounting, e-commerce, statistics, etc.

University of North Carolina at Chapel Hill

U.S News & World Report Business Programs Rankings: #8 in Business Programs

QS Ranking: #35

Acceptance Rate: 14.6% 

Tuition Fees: $10,624

Campus: Chapel Hill

University of North Carolina at Chapel Hill is one of the best public universities in Carolina. It was founded in 1789 and is often called UNC. They are a member of the Atlantic Coast Conference and are popular for notable basketball players. Kenan-Flagler Business School (U.S News Business Schools- Ranks 8th (tie)) is affiliated with the University of Michigan. The business school was founded in 1919 and offers top-class undergraduate business schools in the world. The popular departments and concentrations are finance, management, business analytics entrepreneurship, economics, accounting, operations research, and tax…

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Explore Harvard University: A Legacy of Excellence Best 7 Free Online Courses by Harvard University Top 7 Universities as Per World University Rankings 7 Top Fast Food Restaurants in UK 7 Benefits of Studying at Nighttime for Students
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