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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. To come up with a school's ranking, we analyzed numerous factors related to post-graduation wages, the quality of education offered by the school, average accumulated student debt, and more.
View our full ranking methodology.
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Top Business Master's Degree Schools in the United States
Learn more about these excellent schools below:
Our rankings named Massachusetts Institute of Technology the best school in the United States for business students working on their master’s degree.
MIT is one of the schools on our list that is primarily online. Each graduate student at the school took at least one class online.
Out of the 1,081 schools in the United States that were part of this year’s ranking, Stanford University landed the # 2 spot on the list.
Online graduate courses are available at Stanford, but you will need to check with the school to see if they are available for your field of interest. In fact, around 10% of the graduate population registered for at least one online class in 2019-2020.
You’ll be in good company if you decide to attend Duke University. It ranked #3 on our list.
One thing to take note of is that Duke does offer online graduate classes in some areas. To give an idea of how popular online courses are at the school, 2% of graduates took at least one course online in 2019-2020.
You’ll join some of the best and brightest minds around you if you attend University of Chicago. The school came in at #4 on this year’s list.
The excellent master’s degree programs at University of Notre Dame helped the school earn the #5 place on this year’s ranking of the best business schools in the United States.
Depending on your major, you may be able to take online graduate classes at Notre Dame. In fact, around 45% of the graduate population registered for at least one online class in 2019-2020.
Cornell University landed the #6 spot in the rankings for the best master’s degree business programs.
If you are interested in distance education, be sure to check with the school since Cornell does offer online graduate classes for certain majors. During the 2019-2020 year, about 85% of the graduate students at the school took at least one online course.
Dartmouth College came in at #7 in this year’s edition of the ranking.
One thing to take note of is that Dartmouth does offer online graduate classes in some areas. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 57% took at least some of their classes online.
With a ranking of #8, Rice University did quite well on this year’s best schools for business students working on their master’s degree.
Some students may be able to take online graduate classes at Rice. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 86% took at least some of their classes online.
Northwestern University ranked #9 on this year’s list.
One thing to take note of is that Northwestern does offer online graduate classes in some areas. In 2019-2020 about 2% of the graduate students at the school chose to take one or more online courses.
Carnegie Mellon University ranked #10 on this year’s list.
Carnegie Mellon does offer online graduate classes for certain degree levels. In 2019-2020 about 6% of the graduate students at the school chose to take one or more online courses.
Teachers College at Columbia University did quite well in this year’s ranking of the best places for business students to get a master’s degree. It came in at #11 on the list.
Some students may be able to take online graduate classes at Teachers College. In fact, around 98% of the graduate population registered for at least one online class in 2019-2020.
University of Virginia - Main Campus came in at #12 in this year’s edition of the ranking.
You may have the opportunity to take online graduate classes at University of Virginia. In 2019-2020 about 75% of the graduate students at the school chose to take one or more online courses.
Princeton University landed the #13 spot in the rankings for the best master’s degree business programs.
If you are interested in distance education, be sure to check with the school since Princeton does offer online graduate classes for certain majors. During the 2019-2020 year, about 53% of the graduate students at the school took at least one online course.
With a ranking of #14, University of California - Los Angeles did quite well on this year’s best schools for business students working on their master’s degree.
Online graduate courses are available at UCLA, but you will need to check with the school to see if they are available for your field of interest. In fact, around 79% of the graduate population registered for at least one online class in 2019-2020.
Yale University landed the #15 spot in the rankings for the best master’s degree business programs.
Some students may be able to take online graduate classes at Yale. To give an idea of how popular online courses are at the school, 98% of graduates took at least one course online in 2019-2020.
University of California - Berkeley did quite well in this year’s ranking of the best places for business students to get a master’s degree. It came in at #16 on the list.
UC Berkeley does offer online graduate classes for certain degree levels. During the 2019-2020 year, about 90% of the graduate students at the school took at least one online course.
Georgia Institute of Technology - Main Campus came in at #17 in this year’s edition of the ranking.
Online graduate courses are available at Georgia Tech, but you will need to check with the school to see if they are available for your field of interest. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 88% took at least some of their classes online.
With a ranking of #18, University of Michigan - Ann Arbor did quite well on this year’s best schools for business students working on their master’s degree.
One thing to take note of is that U-M does offer online graduate classes in some areas. In fact, around 74% of the graduate population registered for at least one online class in 2019-2020.
University of Pennsylvania came in at #19 in this year’s edition of the ranking.
One thing to take note of is that UPenn does offer online graduate classes in some areas. In fact, around 74% of the graduate population registered for at least one online class in 2019-2020.
Colorado School of Mines ranked #20 on this year’s list.
Mines does offer online graduate classes for certain degree levels. To give an idea of how popular online courses are at the school, 21% of graduates took at least one course online in 2019-2020.
Vanderbilt University came in at #21 in this year’s edition of the ranking.
You may have the opportunity to take online graduate classes at Vanderbilt. During the 2019-2020 year, about 67% of the graduate students at the school took at least one online course.
University of North Carolina at Chapel Hill ranked #22 on this year’s list.
If you are interested in distance education, be sure to check with the school since UNC Chapel Hill does offer online graduate classes for certain majors. During the 2019-2020 year, about 77% of the graduate students at the school took at least one online course.
Read full report on University of North Carolina at Chapel Hill
Brown University landed the #23 spot in the rankings for the best master’s degree business programs.
You may have the opportunity to take online graduate classes at Brown. During the 2019-2020 year, about 59% of the graduate students at the school took at least one online course.
With a ranking of #24, Emory University did quite well on this year’s best schools for business students working on their master’s degree.
If you are interested in distance education, be sure to check with the school since Emory does offer online graduate classes for certain majors. In fact, around 74% of the graduate population registered for at least one online class in 2019-2020.
Georgetown University came in at #25 in this year’s edition of the ranking.
If you are interested in distance education, Georgetown is an excellent choice, since graduate classes are offered online.
Rest of the Top 50 Best Business Master's Degree 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 Master's Degree 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.
Featured Schools
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