2023 Best Business Schools

2023 Best Business Schools
Back view of large group of business people having a training class in a board room.

These schools offer the best programs for learning the essential skills needed to succeed in business. An MBA program should combine a traditional business curriculum and real-world skills such as creativity, resilience, and leadership.

  1. #1 University of Chicago (Booth), (tie Chicago IL

#1 The University of Pennsylvania, Wharton (tie), Philadelphia. PA

#3 Northwestern University (Kellogg) (tie) Evanston, IL

#3 Stanford University (tie) Stanford, CA

2023 Part-time MBA

A part-time MBA is for professionals who cannot take time off from job responsibilities to earn a degree. This format provides a more flexible schedule and places less financial strain on students who work while studying. But for students balancing their personal life and career on top of their coursework, a part-time MBA still requires dedication to finish.

#1University of Chicago (Booth). Chicago. IL

#2 University of California–Berkeley (Haas) Berkeley, CA
#3 Northwestern University (Kellogg) Evanston, IL

Search Business Schools

Potential students can get an MBA or another master’s in business to help them plan their future careers in the private and public sectors. MBA Programs, Specialties, and Additional Rankings An MBA speciality can help you stand out from the crowd of resumes. These concentrations will determine which classes you take, what connections you make, and how you move forward in your career. Consider the long-term and consider how, for instance, a specialization in entrepreneurship could lead you to venture capital, or an international speciality could allow you to travel abroad.

MBA Programs

You can continue your work while enrolled at school with either an executive MBA or a part-time MBA. Explore the rankings below to see how they differ in focus and coursework.

2023 Best Business Schools

2023 Part-time MBA
Executive MBA
MBA Specialties

Below, you can see which schools offer the best programs in each speciality. An MBA in non-profit management is not the same as an MBA in the information system.


Business Analytics



Information Systems






Project Management

Real Estate

Supply Chain/Logistics

Look for business schools that offer online programs.

Online MBA and Graduate Business   Additional Business School Resources   You can also find additional tools to help you understand the student composition of these business schools. 

B-Schools: Most International Students 

Most Minority Students 

B-Schools: Most Female Students 

A-Z Listing of Business Schools

How to Prepare for and Apply to Business School

Do you think that pursuing an MBA could be the next step in your career? The answer may be yes if your goals include climbing up the corporate ladder, starting a company, or being an expert in a specific business area. MG Consulting News can help you find the right business school and show you what an MBA can do.

 We are an impartial resource and use expert interviews and data to give advice and knowledge to prospective students at business schools.

 To rank the Best Business Schools, we use data, including part-time programs and specialities such as business analysis or accounting. You can also view profiles of individual schools, which have information like the acceptance rate and fees. Sign up for a Business School Compass Account to unlock these data and many more.

MG Consulting has various resources that can help you prepare for business school. These include how work experience affects MBA admission, critical distinctions between GRE and GMAT exams, and how to select the program that best suits your goals.

 How Long Does Business School Take?

MBA applications are made up of many components. Business school applicants should give themselves enough time to complete each member. You must study hard and get a high score if you are required to take either the GRE or MCAT exams. Some MBA programs offer test-optional, which means that they do not need GRE or GMAT scores to apply. Others provide a waiver in certain circumstances.

 MBA candidates are often working professionals rather than students who have just graduated from undergrad and want to go directly into a master’s degree program. This means that work experience is often considered when deciding whether or not to apply. There are different work requirements for schools, and quality may be more important than quantity in your professional experience. A strong resume and recommendation letters are also required. Additionally, a personal essay explaining why you would like to attend a particular business school and how an MBA will help you reach your career goals.

Interviews may be part of the admissions process. Be prepared to answer common questions and some hardballs.

The high acceptance rate and low may play a part in your admission to an MBA program.

What do you learn in Business School? Why enrol?

 Students in business school learn skills that can be used professionally. While some students choose to specialize or focus, others study all aspects of the business. There are many reasons to enrol in an MBA program. It can be a step toward a career in the C-suite for some students. Others want to gain expertise in a specific field. Similarly, aspiring entrepreneurs may enrol to learn how to run their own businesses.

  Is Business School Worth it?

 If you are looking to achieve your career goals and desired salary, a business school may be worth it. Consider the long-term and short-term benefits of returning to school as you weigh your options. You can evaluate the return on investment to determine whether business school is worthwhile. Is an MBA worth the investment? Does it have the potential to land you a job with a high-paying job? This could help you pay off any student loans you might have.

 An MBA can help you grow your career and accelerate your path toward a leadership role. Typical roles that attract business school graduates are marketing managers and database administrators. However, an MBA might also be helpful in other careers, such as entertainment management or sports management.

What Does Business School Cost?

 The full-time tuition for out-of-state business school students at the top of MG Consulting News rankings can run to $70,000 per annum.

 Many factors affect the price of an MBA. Public universities usually charge less than private schools, and in-state tuition tends to be lower than outside-of-state tuition. It is worth looking into online earning your MBA.

 Scholarships, and other financial assistance, can be used to offset some of the costs associated with business school. Some employers will reimburse tuition if an employee fulfils certain obligations, such as continuing to work for the company after graduation or receiving a subsidy on their MBA degree.

When should I apply to business school?

 Prospective students can apply to business schools three or four times per year. You have a greater chance of being accepted if you use it earlier. This is because there are usually more scholarships and spots available. Round one takes place in the fall; round two takes place in mid-January; round three takes place in spring. However, you should check with the schools that interest you for exact dates. Don’t rush to submit your application. It could cost you a place in a program if it’s not the best work. Writing a personal statement and building your professional resume take time. If you can complete the exam, you should apply. Preparing for the business school application process should be done at least a year before your actual application.

 A plan will help you keep track of deadlines so that you don’t have to rush to complete everything.


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