Top Ranked MBA Universities in USA 2025
There are over 150 top MBA universities in USA that offer quality Master of Business Administration programs to students. Most of the best MBA colleges in USA are located in popular cities in the world such as California, New York, and Massachusetts. Students are required to appear for exams like the GMAT / GRE to study the Masters of Business Administration program in the USA. Some of the top colleges in USA for MBA are Stanford Graduate School of Business, Penn (Wharton), Harvard Business School, MIT (Sloan), etc.
The US continues to be the top destination for international students to study MBA abroad. According to The Open Doors 2024 Report on International Educational Exchange released by the US Department of State’s Bureau of Educational and Cultural Affairs and the Institute of International Education (IIE), over 11 lakh international students from more than 200 places of origin
There are over 150 top MBA universities in USA that offer quality Master of Business Administration programs to students. Most of the best MBA colleges in USA are located in popular cities in the world such as California, New York, and Massachusetts. Students are required to appear for exams like the GMAT / GRE to study the Masters of Business Administration program in the USA. Some of the top colleges in USA for MBA are Stanford Graduate School of Business, Penn (Wharton), Harvard Business School, MIT (Sloan), etc.
The US continues to be the top destination for international students to study MBA abroad. According to The Open Doors 2024 Report on International Educational Exchange released by the US Department of State’s Bureau of Educational and Cultural Affairs and the Institute of International Education (IIE), over 11 lakh international students from more than 200 places of origin studied at US higher education institutions during the academic year 2023/24. The USA is the biggest MBA market and it has more than 1,30,000 graduates annually as per the US Department of Education. The top industries for MBA graduates in the US are Consulting, Technology, Private Equity, and Financial Services.
Also read: MBA in USA
Top MBA Universities in USA 2025 Highlights
The duration of a regular MBA in the majority of the top-ranked universities in the USA is two- years. Most of the MBA universities in the USA admit students in the August or September intakes. Check some of the features of the best MBA program in USA from the table given below:
| Parameters |
Statistics |
|---|---|
| Number of MBA Universities in USA |
150+ |
| Cost of MBA courses in USA |
Annual tuition fees: INR 20 Lakh – 40+ Lakh Annual living expenses: INR 14 Lakh – 34 Lakh |
| Top MBA specializations |
Finance, International Business, Entrepreneurship, Sales & Marketing, Business Analytics, Human Resources, etc. |
| Entrance exams required |
|
| Work permit required for that country |
OPT (one-year and stay-back permit) |
Also read: A Complete Guide on MBA in the USA for Indian Students
Top MBA Universities in USA Rankings 2025
The QS Global MBA rankings focus on the best MBA programs across the world. The program ranking is released on indicators like employability; return on investment; entrepreneurship and alumni outcomes; thought leadership; and class & faculty diversity. Given below is the list of the top 10 MBA Colleges in USA by QS in 2025:
| University |
QS Global MBA Rankings 2025 |
|---|---|
| 1 |
|
| 2 |
|
| 3 |
|
| 4 |
|
| 5 |
|
| 6 |
|
| 7 |
|
| 8 |
|
| 9 |
|
| 10 |
Also check the Top 10 MBA Colleges in the US
Top MBA Universities in USA by QS World University Ranking
In the QS Global MBA Rankings, Stanford University, the University of Pennsylvania, Harvard University, and Columbia University have maintained their positions in the top 10 MBA universities worldwide. The University of Stanford has consistently maintained its #1 position over the years. The table below includes the list of top MBA Universities in the USA:
| University |
QS Global MBA Rankings 2024 |
QS Global MBA Rankings 2025 |
|---|---|---|
| Stanford University |
1 |
1 |
| University of Pennsylvania |
2 |
2 |
| Harvard University |
3 |
3 |
| MIT University |
4 |
4 |
| Columbia University |
5 |
5 |
| Northwestern University |
6 |
6 |
| University of California, Berkeley (UC Berkeley) |
7 |
7 |
| University of California, Los Angeles (UCLA) |
9 |
8 |
| University of Chicago (UChicago) |
8 |
9 |
| Yale University |
10 |
10 |
Check below the top destinations to study MBA abroad:
Top MBA Universities in USA by Financial Times Rankings
The table below compares the top universities in the USA for MBA (Business schools rankings) by Financial Times:
| University |
Financial Times MBA Rankings 2023 |
Financial Times MBA Rankings 2024 |
|---|---|---|
| University of Pennsylvania: Wharton |
NA |
1 |
| 1 |
2 |
|
| Northwestern University, Kellogg School of Management |
6 |
3 |
| MIT: Sloan |
8 |
4 |
| Cornell University: Johnson |
5 |
5 |
| University of Chicago: Booth |
10 |
6 |
| 2 |
7 |
|
| Dartmouth College: Tuck |
NA |
8 |
| Duke University Fuqua School of Business |
9 |
9 |
| 7 |
10 |
Read: Top Colleges and Universities for MBA Abroad
Top MBA Universities in USA Admission Requirements
The exact MBA admission requirements for the USA universities will have some variations. However, some of the general Top MBA Universities in the USA basic entry requirements are given below:
- A bachelor’s degree
- GMAT / GRE score
- English language proficiency (IELTS / TOEFL)
- At least 2-3 years of work experience
Also, while submitting the MBA application, students have to submit some additional documents such as academic transcripts, letters of recommendation, CV / resume, etc.
Students can refer to the table given below to have a general idea of the eligibility requirements required to study in the USA.
| Universities |
Admission Requirements |
English language proficiency score |
|---|---|---|
| GMAT and GRE |
TOEFL: 100 & Above |
|
| GMAT and GRE |
TOEFL: 100 & Above |
|
| GMAT and GRE |
IELTS: 7 - 7.5, TOEFL: 100 & Above, Duolingo: 125 & Above |
|
| GMAT: 700 & Above and GRE |
TOEFL: 90 - 100, GRE: 320 & Above |
|
| GMAT and GRE |
TOEFL: 99 - 114 and IELTS: 7 & Above |
|
| GMAT and GRE |
IELTS: 7 & Above, TOEFL: 100 & Above |
|
| GMAT and GRE |
IELTS: 7 & Above, TOEFL: 90 & Above |
|
| GMAT and GRE |
IELTS: 7 & Above, TOEFL |
|
| GMAT and GRE |
IELTS: 7 & Above |
|
| GMAT and GRE |
TOEFL: 100 & Above |
(Note: The above-given eligibility requirements for admission to top MBA colleges in the USA are based either on the entering class profile or as per the minimum admission requirements. To know the exact entry requirements, it is advised to check the university-based criteria).
Top MBA Universities in USA Scholarships
Deciding to study abroad is an important decision that a student makes throughout his / her studies. Looking out for the tuition fees and living expenses are two of the most important factors that a student keeps in mind when deciding to study abroad. This is where scholarships appear, as they help in minimizing the expensive study cost. Given below are some of the scholarships that will be available for international students willing to study MBA in USA:
- Stanford Reliance Dhirubhai MBA Fellowship
- The University of Pennsylvania, Wharton Emerging Economy Fellowships
- MBA Scholarship – Columbia University
- A.H Tobaccowala Fellowship (For students taking admission to the University of Chicago MBA)
- Harvard University – Need-Based Scholarships
Also read: Scholarships to Study in the USA for International Students
Top MBA Universities in USA Visa Requirements
As an international student, one might need a USA Student Visa. To study MBA in the USA, students require an F1 Visa. Prospective students need to follow a proper application process to apply for a US Student Visa. On top of this, students are required to pay the visa application fee, as applicable. Students have to be aware of the documents required for the F1 Visa Interview.
Top MBA Universities in USA Acceptance Rate
It may be difficult to get admission to top MBA Universities in the USA because of its acceptance rate. Given below are the acceptance rates of the top US Universities that offer MBA programs:
| University |
Acceptance Rate (Overall) |
|---|---|
| 3.91% |
|
| 5.87% |
|
| 3.41% |
|
| 3.96% |
|
| 4.00% |
|
| 7.00% |
|
| 11.73% |
|
| 8.57% |
|
| UChicago acceptance rate |
4.50% |
| 4.50% |
Also check the High Acceptance Rate of Universities in the USA
Top MBA Colleges Fees in USA for International Students
The majority of the MBA Colleges Fees in USA for 1st-year are above INR 40 L. International students can check below the list of top MBA colleges in USA with fees for first-year:
| University |
MBA 1st-Year Tuition Fee |
|---|---|
| Stanford University |
INR 34 L - 1 Cr |
| University of Pennsylvania |
INR 36 L - 71 L |
| Harvard University |
INR 18 L - 64 L |
| MIT University |
INR 35 L - 77 L |
| Columbia University |
INR 44 L - 78 L |
| Northwestern University |
INR 20 L - 95 L |
| University of California, Berkeley (UC Berkeley) |
INR 22 L - 72 L |
| University of California, Los Angeles (UCLA) |
INR 22 L - 66 L |
| University of Chicago (UChicago) |
INR 24 L - 71 L |
| Yale University |
INR 40 L - 72 L |
Top MBA Universities in USA ROI
Return on Investment (ROI) is the amount of money that students get as a placement offer in return for investing some amount of money to attend a college and eventually, for the completion of a degree. Top-ranked MBA colleges in USA along with the first-year tuition fee and average salary are given below:
| University |
MBA 1st-Year Fee |
MBA Average Salary |
|---|---|---|
| Stanford University |
INR 34 L - 1 Cr |
USD 189,010 or INR 1.59 Cr |
| University of Pennsylvania |
INR 36 L - 71 L |
USD 175,000 or INR 1.47 Cr |
| Harvard University |
INR 18 L - 64 L |
USD 175,000 or INR 1.47 Cr |
| MIT University |
INR 35 L - 77 L |
USD 168,095 or INR 1.42 Cr |
| Columbia University |
INR 44 L - 78 L |
USD 175,000 or INR 1.47 Cr |
| Northwestern University |
INR 20 L - 95 L |
USD 152,000 or INR 1.28 Cr |
| University of California, Berkeley (UC Berkeley) |
INR 22 L - 72 L |
USD 155,000 or INR 1.30 Cr |
| University of California, Los Angeles (UCLA) |
INR 22 L - 66 L |
USD 150,000 or INR 1.26 Cr |
| University of Chicago (UChicago) |
INR 24 L - 71 L |
NA |
| Yale University |
INR 40 L - 72 L |
USD 175,000 or INR 1.47 Cr |
(USD 1 = INR 84.49)
(Note: The above Top MBA universities average salary is based on the graduating class of 2023)
Also read: Top 10 Highest Paying Jobs in the USA
Post-Work Study Permit in the USA
Optional Practical Training (OPT) is a one-year work and stay-back permit given to international students in the US, on the completion of a degree program. Two types of OPT are there: Pre-Completion OPT and Post-Completion OPT. After completing the studies, F1 visa holders can apply for OPT. Students get to stay in the US for one year after completing their studies.
Read: Post-Study Work Permit in the USA for Indian Students
Top MBA Universities in USA Comparison 2025
Mentioned below are the comparison between MBA universities in the USA:
| University Name |
QS Global MBA Rankings 2025 |
Placement Rate |
Acceptance Rate |
|---|---|---|---|
| Stanford University |
1 |
89% |
3.91% |
| University of Pennsylvania |
2 |
94.1% |
5.87% |
| Harvard University |
3 |
86% |
3.41% |
| MIT University |
4 |
90.2% |
3.96% |
| Columbia University |
5 |
84% |
4.00% |
Also check: Average MBA Salary in the USA
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Top Ranked MBA Universities in USA 2025
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Top Ranked MBA Universities in USA 2024 FAQs
Q. Which University is best for doing MBA in USA?
A. Some of the top universities in USA for MBA are Stanford Graduate School of Business, Penn (Wharton), Harvard Business School, MIT (Sloan), etc. The below table includes the list of best MBA universities in USA:
| University |
QS Global MBA Rankings 2024 |
QS Global MBA Rankings 2025 |
|---|---|---|
| Stanford University |
1 |
1 |
| University of Pennsylvania |
2 |
2 |
| Harvard University |
3 |
3 |
| MIT University |
4 |
4 |
| Columbia University |
5 |
5 |
Q. What is the minimum GMAT score for MBA in USA?
A. GMAT or GRE test scores are necessary to take admission to MBA in the US Universities. The range of GMAT score required is 550 – 730+. However, the data of the Top 5 MBA Universities in USA given below specifies the average GMAT score reported as per the entering MBA class.
| Universities |
GMAT Score of Entering Class |
|---|---|
| Stanford University |
737 |
| Harvard University |
730 |
| University of Pennsylvania |
733 |
| Columbia University |
729 |
Note: To get into the top-ranked MBA universities of USA, it is best advised to score 700 or above in GMAT.
Q. Which is the No. 1 MBA college in the world?
A. As per the QS Global MBA Rankings 2025, Stanford University sits at the top of the list of best MBA colleges in USA. It ranks at #1 position. University of Pennsylvania is at the second position and the Harvard University is at the third position.
Q. Is MBA in USA worth it for Indians?
A. According to the Corporate Recruiters Survey from the Graduate Management Admission Council (GMAC) 2022 report, median starting salaries are the largest in the United States. In the US, the median starting salary to be offered to new MBA hires is USD 115,000. Some of the benefits of pursuing an MBA from US Universities are:
- High-quality education
- Progression in the career
- Upscaling of networking
- Personal growth
- Increase in the quality and quantity of job offers
Q. Which MBA is most in demand in USA?
A. Some of the best specializations of MBA in USA are:
- Finance
- Entrepreneurship
- Sales & Marketing
- International Business
- Business Analytics
- Operations
- Human Resources
Q. How can an Indian student get an MBA seat in USA?
A. The most important factors that Indian students have to keep in mind while applying for admission to top MBA colleges in USA are meeting the entry requirements and completing the application process on time and with proper documents. The entry requirements for getting admission to MBA universities in USA are:
- A bachelor’s degree
- GMAT scores of above 600
- English language proficiency test score (IELTS / TOEFL / Any other equivalent test score)
- 2-3 years of work experience
Q. Can I go to Harvard without GMAT?
A. Unfortunately, to get into Harvard MBA, it is necessary to submit either GMAT or GRE score. As such, there is no minimum GMAT or GRE score required for admission. However, to have a general idea about the GMAT score, the class of 2024 has a GMAT average score of 730 and an average GRE score of 163 in both Verbal and Quantitative. Besides these standardized test scores, admission to Harvard’s MBA requires the following:
- A 4-year undergraduate degree or its equivalent
- GMAT or GRE test score
- IELTS / TOEFL / PTE / Duolingo test result
- Essay
- 2 recommendations
- Resume
Q. How much does an MBA cost in the US for international students?
A. To have an estimate of the first-year tuition fees for MBA course in US universities, check the table given below:
| University |
1st-Year Tuition Fee |
|---|---|
| MIT |
INR 69.1 L |
| Stanford University |
INR 65.6 L |
| University of Pennsylvania |
INR 69.7 L |
| University of California – Berkeley Campus |
INR 21.8 L - 67.2 L |
| Harvard University |
INR 61.5 L |
| Columbia University |
INR 69.4 L |
| Yale University |
INR 37.9 L – 67.9 L |
| Northwestern University |
INR 60.6 L – 88.7 L |
| New York University (NYU) |
INR 63 L - 88.8 L |
Q. What are the popular job roles for MBA graduates?
A. As mentioned by the U.S. News & World Report, some of the popular jobs for MBA graduates in the US are Financial Manager, IT Manager, Management Consultant, Medical and Health Services Manager, Operations Research Analyst, and Personal Financial Advisor. In 2022, the median starting salary for MBA hires was USD 115,000.
Q. Does pursuing MBA pay off?
A. As mentioned in Forbes, pursuing an MBA, most of the time, pays off. The first-year tuition to study MBA in USA ranges from USD 60,000 – USD 89,000 in the top-ranked universities. The median start salary for MBA graduates in the US is USD 115,000 – nearly double the MBA average cost.
Q. Is it better to do an MBA in the US or an MBA in India?
A. According to an unofficial source, the answer to this question is based on the ROI. Doing an MBA from the best MBA colleges in USA can cost you around a crore. However, after this, students will be able to get a job that pays off well. To reduce the study cost, students can look for scholarships and apply for their dream schools.
Pursuing an MBA from India is always a safe option since there are campus placements and no visa application process is there. Even so, getting into top MBA colleges in India like IIMs is quite difficult because of the high cut-offs of the popular exams like CAT, XAT, MAT, etc., and due to the high competition. The choice of pursuing an MBA from India or USA is totally dependent on the preferences and convenience of students. But, some of the factors that students must consider while choosing an MBA university are fees, preferred country of work, and post-MBA salary. Read: Top MBA Colleges in India
