TOP MBA PROGRAMS IN 2023

MBA programs are highly demanding worldwide and a lot of students are seeking admissions into top MBA schools this year in 2023. The top MBA programs for 2023 are listed in 2023 MBA rankings. A top MBA program helps succeed in the rapidly changing, global business environment.

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HARVARD UNIVERSITY

Cambridge, USA

#1 Best Business Schools

Harvard University ranks in the top 5 in the top business schools in the world according to 2023-24 ranking. The Harvard MBA program is a highly competitive MBA and requires selectively higher GRE/GMAT scores to get admitted. According to 2022, the average accepted GMAT score in Harvard MBA program was 730... Read More The base salary after graduating from MBA at Harvard University is $175,000. At HBS the ability to apply academic concepts in real-life scenarios is made available to students through experiential learning opportunities. Students can take on leadership roles in more than 95 groups to augment their coursework. There are almost 90,000 HBS graduates, many of whom are currently running significant organizations. Read Less

Acceptance Rate

11.00%

Average GMAT

730

GMAT Requirement

590-790

Enrolled

1,010

Median base salaries of base group

$175,000

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#1 Best Business Schools

The Wharton School at the University of Pennsylvania is the first business school established in the United States. It has the largest alumni network in the nation. A total of 25 research centers are located on campus, and there are close to 150 groups that students can join for more local leadership development opportunities... Read More Full-time MBA fees at the University of Pennsylvania is $77,500 annually. Students seeking admissions in full time MBA at the university are required to submit qualifying GMAT/GRE scores as well as English language requirements. The base salary for Wharton MBA graduates is $155,000. Read Less

Acceptance Rate

23.00%

Average GMAT

733

GMAT Requirement

540-790

Enrolled

847

Median base salaries of base group

$150,000 – 155,000

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HEC PARIS

Paris, France

#1 Best Business Schools

HEC Paris is a premier university in France and is ranked #1 in world university rankings for masters in management in 2023. Over 8,500 managers enroll in executive education programs at HEC Paris each year, together with 4,000 students and 106 permanent academic members... Read More HEC MBA provides students and executives with a broad and distinctive selection of educational programs. HEC Paris MBA program fees is $79,000. After graduating, 93% of the attendees found employment. Read Less

Acceptance Rate

11.00%

Average GMAT

690

GMAT Requirement

570-730

Enrolled

350

Median base salaries of base group

$96,000

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STANFORD UNIVERSITY

California, USA

#1 Best Business Schools

The Stanford graduate school of business offers a highly acclaimed full time MBA program with the information, skills, and long-term perspective to help graduates innovate and grow. Full-time students pay $76,950 in annual tuition for doing MBA from Stanford... Read More The employment rate for full-time program graduates is 61.20 percent at graduation. Admission requirements are GMAT/GRE scores upto 740, 3.7 gpa in graduation and english language requirements. Read Less

Acceptance Rate

6.0%

Average GMAT

738

GMAT Requirement

710-770

Enrolled

426

Median base salaries of base group

$182,272

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UNIVERSITY OF CHICAGO

Chicago, USA

#1 Best Business Schools

The Booth School of Business at the University of Chicago offers the following departments during their MBA: leadership, e-commerce, economics, general management, human resources management, consulting, and business analytics. The tuition fee is $77,841 for full-time MBA and $7,784 for part-time MBA program... Read More 90% of students who complete the full-time MBA program. GMAT/GRE along with english language requirements and a good gpa is required for application. The average GMAT score to be submitted is 732 with a GPA of 3.5 in graduation. Read Less

Acceptance Rate

23%

Average GMAT

732

GMAT Requirement

600-780

Enrolled

621

Median base salaries of base group

$196,600

Deciding on the Best Business Schools

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If you’re having trouble deciding which business school to attend, the following criteria should help you make a decision.

Duration

HEC Paris MBA full-time program is of 16 months. The HEC MBA program is of three varied types , students can enroll in whichever HEC PARIS program best fits their needs.

Campus

The Executive MBA is offered in Paris, Beijing, Shanghai, and Doha, allowing you to stay on your home track or take classes in one of six different tracks. The HEC Executive MBA is a one-of-a-kind general management degree program that provides eight specializations and the chance to study in four different locations across the world.

Diversity

The HEC Paris Community, with over 120 countries and as many backgrounds in culture and society, is a unique combination that allows each student to gain insight into the world we live in.

Alumni Network

HEC Alumni was founded in 1883 and became a public interest group on January 11, 1900. The HEC Alumni Association brings together all 70,000 graduates of HEC Paris.
François-Henri Pinault CEO, Kering
Jean-Dominique Sénard CEO, Michelin
François Hollande Former President of the French Republic
Mercedes Erra Founder, BETC

Read More

Read Less

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FAQs

1.

What is the methodology for Fortune’s 2022 Best MBA ranking?

The Fortune 2022 MBA ranking takes into account each school’s contribution to advancing MBA graduates into the executive level of major companies in addition to data collected from schools via questionnaires, the brand of each business school, and each university. Three factors—the outcomes score, the Fortune 1000 score, and the brand score, combine to form the final ranking.

2.

The best MBA alumni networks

There are tens of thousands of graduates from prestigious MBA programs with global alumni networks, including Harvard Business School, Stanford’s Graduate School of Business, and the University of Pennsylvania’s Wharton School. The sheer volume of contacts on a global scale and the quality of those connections are two ways to categorize the “best” alumni networks, though.

3.

One-year versus two-year MBA programs

For students who have clear career goals a one-year MBA is an excellent option. Additionally, a one-year MBA is an excellent choice to consider for people who want to work in a family business and need a fast degree.
The two-year MBA program is a better choice for those who have just graduated. Students are able to gain significant theoretical and practical expertise through the two-year MBA program. Through internships and other campus events, candidates for the two-year MBA program can learn more about their potential career pathways.

4.

The different MBA curriculums and learning models explained

Some MBA programs are tailored with respect to certain industries while others provide a very flexible approach to its students. It’s important for prospective students to understand how different MBA programs differ from one another and which program aligns with their potential goals because each MBA program offers its own unique spin on the business curriculum.

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