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If you have chosen business as the way forward in your career then the best undergraduate business schools in the world can lay the foundation for a great future! In today’s fast-paced world, especially with the surge of startups post-pandemic, having a solid understanding of sales, finance, and marketing is more crucial than ever. Business courses can equip you with the skills you need to thrive in the current job market. If you’re considering studying these courses abroad, this blog is here to guide you through the top universities offering the best programmes!
Top Undergraduate Business Schools In The World
Now let’s come to the list of best undergraduate business schools in the world. One thing to be noted is that the International University Rankings are released every year and there are changes in the positions of universities. Here we have listed the top universities in every country and have mentioned their business ranking as of 2024.
Undergraduate Business Schools In The World | UK
The UK is an excellent choice for studying business, thanks in large part to its dynamic financial hub, London. London boasts numerous major business districts, hosts more international banks than any other city, and is the world’s leading centre for currency trading. With over 100 business schools across the UK, picking the right one can be quite a challenge. To help you out, we’ve compiled a list of the top universities for business studies in the UK, based on the Times Higher Education World University Rankings 2024.
| Business rank 2024 | University | City/town |
| =1 | University of Cambridge | Cambridge |
| =1 | University of Oxford | Oxford |
| 3 | London School of Economics and Political Science | London |
| 4 | UCL | London |
| 5 | University of Warwick | Warwick |
| 6 | University of Manchester | Manchester |
| 7 | University of Edinburgh | Edinburgh |
| 8 | King’s College London | London |
| 9 | University of Nottingham | Nottingham |
| 10 | University of Reading | Reading |
Top Undergraduate Business Schools In The World | USA
The US has more than 4000 universities, some of which are the world’s top business schools. The American higher education system provides flexible options, allowing students to tailor their studies to their needs and interests. At the undergraduate level, students have the freedom to explore various courses before deciding on a major by the end of their second year.
| Business rank 2024 | University | State |
| 1 | Massachusetts Institute of Technology | Massachusetts |
| 2 | Stanford University | California |
| 3 | Harvard University | Massachusetts |
| 4 | University of California, Berkeley | California |
| 7 | The University of Chicago | Illinois |
| 9 | Yale University | Connecticut |
| 12 | University of Pennsylvania | Pennsylvania |
| 13 | Northwestern University | Illinois |
| 14 | Columbia University | New York |
| 17 | New York University | New York |
Undergraduate Business Schools In The World | Australia
Australian institutions provide a wealth of industry experiences, ensuring business students are well-prepared for employment upon graduation. Students can select from a wide variety of business programmes offered by numerous universities and colleges, many of which are globally renowned. Whether you’re an undergraduate starting your higher education journey or a professional seeking skills to advance your career, Australian universities offer a range of options to suit your needs. Given below are some of the Australian Universities offering business programmes and their Times Higher Education ranking:
| Australia Business Rank 2023 | WUR Business Rank 2023 | University | City |
| 1 | 35 | University of Melbourne | Melbourne |
| 2 | 39 | Monash University | Melbourne |
| 3 | 51 | The University of Queensland | Brisbane |
| 4 | 55 | Australian National University | Canberra |
| 5 | 72 | UNSW Sydney | Kensington |
| 6 | 88 | University of Sydney | Sydney |
| =7 | 101–125 | Griffith University | Brisbane, Gold Coast, Logan |
| =7 | 101–125 | The University of Western Australia | Perth |
| =9 | 126–150 | Queensland University of Technology | Brisbane |
| =9 | 126–150 | University of Technology Sydney | Sydney |
Top Undergraduate Business Schools In The World | Germany
German business schools offer a variety of courses including international business management, innovation and entrepreneurship, business administration, international business, digital business, business intelligence, business psychology, applied business studies, and business analytics. With approximately 16 German business schools ranked for their MBA and other business programmes, Germany is a prime destination for those aspiring to pursue an MBA abroad. As the world’s fourth-largest economy, Germany is among the top five countries with the highest number of ranked business schools according to QS top rankings.
| University Name | QS Global Rankings 2024 |
| Technical University Munich, Munich | #37 |
| Ludwig Maximilian University-Munich | #54 |
| WHU-Otto Beisheim School of Management | #58 |
| Freie Universität Berlin | #98 |
| Humboldt University of Berlin | #120 |
| Technical University Dresden | #246 |
How To Get Into The Best Undergraduate Business Schools In The World?
To gain admission to elite undergraduate business programmes, consider the following strategies:
Take Rigorous Classes and Earn a Competitive GPA
- Challenge Yourself: Enrol in challenging courses that reflect your interest in business, such as economics, statistics, and psychology.
- Holistic Application Review: Remember that colleges evaluate GPA as one part of a holistic review. Exceptional achievements in other areas can offset a slightly lower GPA.
Demonstrate Business Skills through Extracurricular Activities
- Summer Programmes: Participate in business or economics-focused summer programmes for high school students.
- Competitions: Submit innovative business ideas to high school entrepreneur competitions.
- Internships: Secure internships at local businesses in your preferred field.
- Entrepreneurship: Start your own business, providing needed products or services to the community.
Write Essays Tailored to Each Business School’s Values
- Research Schools: Investigate the unique focus of each business school, such as international business, entrepreneurship, research, or social ventures.
- Tailored Essays: Write supplemental essays that reflect the specific values and focus of each school.
- Early Preparation: Begin early to allow ample time for editing and feedback, while maintaining your authentic voice.
Submit Strong Letters of Recommendation
- Ideal Recommenders: Choose recommenders who can speak to your business acumen, such as an internship supervisor or teachers of business-related classes like Economics or AP Macroeconomics.
- Balanced Choices: Balance the position or title of the recommender with how well they know you and can speak favourably about you.
Top Undergraduate Business Programmes In The World
Studying business abroad offers a unique blend of academic excellence, cultural immersion, and global networking. Countries such as the UK, USA, Germany, etc, with their renowned business schools, provide a range of top-tier courses including international business management, innovation and entrepreneurship, business administration, digital business, and more. Given below are some of the top courses offered in the well-known business schools abroad. Go through them thoroughly:
- Business Administration
- Marketing
- Accounting
- Finance
- Taxation
- International Business
- Economics
- Business Law
FAQs
1. What is the No.1 business school in the world?
In the 2024 rankings, London Business School claimed first place, followed by Wharton in second, Harvard Business School in third, MIT Sloan in fourth, and Stanford Graduate School of Business in fifth.
2. What is the best undergraduate business major?
According to the National Association of Colleges and Employers, degrees in accounting, finance, and business administration are among the most popular and highly regarded business majors.
3. Which Ivy League is best for undergraduate business?
According to US News, Wharton is the greatest Ivy League undergraduate business school. Harvard University is the top Ivy in terms of economics. Princeton and Yale are two of the greatest Ivies for degrees in economics.
4. What is the most respected business degree?
Finance, accounting, business administration/management, logistics/supply chain, Management information systems, marketing are the most respected and in-demand business degrees.
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