2023 Best Business Schools in the United States
It's not easy to decide which business program to enroll in when you have so many options available. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Also there are many trade schools and bpptcamp that offer short-term programs that open up more career options.
Along with in-depth profiles of schools and the programs they offer, Business Degree Central has created the <nil> to help you in your search for the best school for you.
View our full ranking methodology.
Top Business Schools in the United States
Learn more about these excellent schools below:
Our analysis found Massachusetts Institute of Technology to be the best school for business students in the United States.
By the time they get their degree, students from this school have racked up an average of $12,518 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $627. During the early years of their career, MIT graduates make an average of $94,282 annually.
Out of the 1,477 schools in the United States that were part of this year’s ranking, Duke University landed the # 2 spot on the list.
On average, students take out $19,762 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $727.After graduating from Duke, students go on to jobs where they make an average of $71,290 during the early years of their career.
You’ll join some of the best and brightest minds around you if you attend Stanford University. The school came in at #3 on this year’s list.
By the time they get their degree, students from this school have racked up an average of $13,926 in student loans.After graduating from Stanford, students go on to jobs where they make an average of $83,159 during the early years of their career.
A rank of #4 on this year’s list means University of Notre Dame is a great place for business students.
On average, students take out $19,395 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $578 if they are on a 10-year repayment plan. During the early years of their career, Notre Dame graduates make an average of $58,860 annually.
A rank of #5 on this year’s list means University of Chicago is a great place for business students.
By the time they get their degree, students from this school have racked up an average of $15,217 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $708, assuming you are on a 10-year repayment plan. Once they receive their degree, UChicago graduates enter the workforce, making an average salary of $62,519 during the early year of their career.
Rice University did quite well in this year’s ranking of the best places for business students. It came in at #6 on the list.
On average, students take out $13,206 in loans while pursuing their degree. Once they receive their degree, Rice graduates enter the workforce, making an average salary of $64,867 during the early year of their career.
Cornell University landed the #7 spot in the rankings for the best business programs.
By the time they get their degree, students from this school have racked up an average of $14,061 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $570. Once they receive their degree, Cornell graduates enter the workforce, making an average salary of $65,907 during the early year of their career.
Northwestern University ranked #8 on this year’s list.
Degree recipients from Northwestern accumulate an average of $19,000 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $576.After graduating from Northwestern, students go on to jobs where they make an average of $69,538 during the early years of their career.
Carnegie Mellon University landed the #9 spot in the rankings for the best business programs.
During the early years of their career, Carnegie Mellon graduates make an average of $77,372 annually.
Yale University came in at #10 in this year’s edition of the ranking.
On average, students take out $15,684 in loans while pursuing their degree.After graduating from Yale, students go on to jobs where they make an average of $64,868 during the early years of their career.
University of Virginia - Main Campus ranked #11 on this year’s list.
Degree recipients from University of Virginia accumulate an average of $18,266 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $383 if they are on a 10-year repayment plan. During the early years of their career, University of Virginia graduates make an average of $58,809 annually.
Vanderbilt University did quite well in this year’s ranking of the best places for business students. It came in at #12 on the list.
Degree recipients from Vanderbilt accumulate an average of $14,392 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $644 if they are on a 10-year repayment plan. Once they receive their degree, Vanderbilt graduates enter the workforce, making an average salary of $66,962 during the early year of their career.
University of Pennsylvania did quite well in this year’s ranking of the best places for business students. It came in at #13 on the list.
Degree recipients from UPenn accumulate an average of $17,262 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $547 if they are on a 10-year repayment plan. Once they receive their degree, UPenn graduates enter the workforce, making an average salary of $81,207 during the early year of their career.
Colorado School of Mines came in at #14 in this year’s edition of the ranking.
By the time they get their degree, students from this school have racked up an average of $26,133 in student loans. Those who take out this much in loans have to make a monthly payment of about $549 if they are on a 10-year repayment plan. Once they receive their degree, Mines graduates enter the workforce, making an average salary of $72,191 during the early year of their career.
Georgia Institute of Technology - Main Campus ranked #15 on this year’s list.
By the time they get their degree, students from this school have racked up an average of $23,699 in student loans. Those who take out this much in loans have to make a monthly payment of about $444 if they are on a 10-year repayment plan. Once they receive their degree, Georgia Tech graduates enter the workforce, making an average salary of $72,002 during the early year of their career.
Read full report on Georgia Institute of Technology - Main Campus
Ridgewater College came in at #16 in this year’s edition of the ranking.
Degree recipients from Ridgewater College accumulate an average of $18,601 in student debt by the time they complete their degree.After graduating from Ridgewater College, students go on to jobs where they make an average of $38,961 during the early years of their career.
With a ranking of #17, University of California - Berkeley did quite well on this year’s best schools for business students working.
Degree recipients from UC Berkeley accumulate an average of $15,301 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $323, assuming you are on a 10-year repayment plan.After graduating from UC Berkeley, students go on to jobs where they make an average of $60,587 during the early years of their career.
Brown University came in at #18 in this year’s edition of the ranking.
By the time they get their degree, students from this school have racked up an average of $14,769 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $507, assuming you are on a 10-year repayment plan. During the early years of their career, Brown graduates make an average of $50,925 annually.
University of Michigan - Ann Arbor came in at #19 in this year’s edition of the ranking.
By the time they get their degree, students from this school have racked up an average of $17,682 in student loans. Those who take out this much in loans have to make a monthly payment of about $419 if they are on a 10-year repayment plan. During the early years of their career, U-M graduates make an average of $58,051 annually.
Lehigh University landed the #20 spot in the rankings for the best business programs.
Those who take out this much in loans have to make a monthly payment of about $621 if they are on a 10-year repayment plan. Once they receive their degree, Lehigh graduates enter the workforce, making an average salary of $66,716 during the early year of their career.
Bucknell University did quite well in this year’s ranking of the best places for business students. It came in at #21 on the list.
By the time they get their degree, students from this school have racked up an average of $20,110 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $741, assuming you are on a 10-year repayment plan. Once they receive their degree, Bucknell graduates enter the workforce, making an average salary of $56,780 during the early year of their career.
Emory University came in at #22 in this year’s edition of the ranking.
Degree recipients from Emory accumulate an average of $19,081 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $526. Once they receive their degree, Emory graduates enter the workforce, making an average salary of $56,204 during the early year of their career.
With a ranking of #23, Georgetown University did quite well on this year’s best schools for business students working.
Degree recipients from Georgetown accumulate an average of $16,335 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $769 if they are on a 10-year repayment plan. Once they receive their degree, Georgetown graduates enter the workforce, making an average salary of $69,885 during the early year of their career.
University of North Carolina at Chapel Hill landed the #24 spot in the rankings for the best business programs.
On average, students take out $16,358 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $300, assuming you are on a 10-year repayment plan.After graduating from UNC Chapel Hill, students go on to jobs where they make an average of $51,808 during the early years of their career.
With a ranking of #25, University of Management and Technology did quite well on this year’s best schools for business students working.
Degree recipients from University of Management and Technology accumulate an average of $21,870 in student debt by the time they complete their degree. Once they receive their degree, University of Management and Technology graduates enter the workforce, making an average salary of $60,399 during the early year of their career.
Rest of the Top 50 Best Business Schools in the United States
Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:
Rest of the Top 15% Best Business Schools in the United States
To learn more about the schools below, just click on their names:
Honorable Mentions
These schools also performed well in our best business schools ranking:
Notes and References
Footnotes
*These averages are for the top 25 schools only.
References
- Read more about our ranking methodology.
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
More about our data sources and methodologies.
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