Best universities for business degrees 2020

Find the best universities for business degrees using Times Higher Education’s World University Rankings data

November 6 2019
Business chart

Where to study business is an important decision for prospective students, so?Times Higher Education?has published a?world ranking of business and economics degrees.

The subject ranking for business includes more than 600 universities in 62 countries.


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The majority of the top 20 universities in the business ranking are US colleges, with the Massachusetts Institute of Technology and Stanford University at the top.

Although the US dominates the ranking, universities in the UK and across Asia also do particularly well.

The UK has three universities in the top 20, which also features three institutions from two Asian territories.

Canadian, Dutch and Australian schools also perform well for business and economics degrees.

The ranking uses the same methodology as the World University Rankings, but with slightly more weight given to teaching and research metrics and slightly less to citations. The complete methodology can be found?here.

Scroll down for a full list of degrees covered by the ranking and the career paths that they open up.


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Top 5 universities for business and economics degrees

1. Massachusetts Institute of Technology

The Sloan School of Management, also known as MIT Sloan, offers business programmes at the university.

In addition to MBA courses, executive training programmes and other postgraduate degrees, the school also teaches undergraduates through “Course?15”, which provides business skills to students with a technical and quantitative background.

The classes feature problem sets that make use of real-world business cases, tackling them with scientific approaches. The course also provides opportunities to do research and to take part in entrepreneurship competitions.

Business courses at MIT cover a variety of topics, including operations research, consulting, entrepreneurship, finance, information technology, product development and marketing.

There is an emphasis on innovation across all these topics. Many influential new ideas in business, including the field of system dynamics, were born out of work at the Sloan School.

MIT is one of the most prestigious universities in the world. Based in Cambridge, Massachusetts, next door to Harvard University, it is a hub of innovation and entrepreneurship.

2. Stanford University

Stanford’s graduate business school admits students for MBA, PhD, master’s and executive degrees.

The school’s dean is Jonathan Levin, a renowned expert in industrial organisation.

In 2006, the school received what was then the largest endowment ever given to a business school: $105?million from Phil Knight, an alumnus and the founder of Nike.

The business school at Stanford is known to be the most selective in the US, based on the competition for acceptance on to a course. Typically, less than 7?per cent of applicants secure a place.

Postgraduate students can take joint degrees at other schools, combining business with subjects such as earth sciences, education and law.

Although there is no specific business and management programme for undergraduates, students can choose to major in economics, international relations or management science and engineering.

3. University of Oxford

Undergraduate business students at the University of Oxford study economics and management within the traditional degree framework, and they are taught primarily in small group tutorials.

Oxford’s academic department for business is the Sa?d Business School, which teaches across business, management and finance.

The school is 20 years old – fairly new compared with other prestigious business schools around the world.

The current dean, Peter Tufano, was at Harvard Business School before joining Oxford.

The postgraduate programmes on offer include the popular MBA programme, an executive MBA programme, a PhD in management studies and master’s degrees in financial economics, law and finance and strategic management.

MBA students can also extend their one-year degree to combine the course with one of the specialised master’s programmes.

All business students are members of an Oxford college and participate in university life outside the business school. Although not all colleges accept business students, the majority do.


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4. University of Cambridge

The University of Cambridge is made up of 29 separate colleges.

The university is also home to over 100 libraries, which hold a total of more than 15?million books.

Business and economics degrees are generally taught at the Cambridge Judge Business School. Courses include the MBA, master of finance, master of accounting and a number of MPhil programmes.

5. University of California, Berkeley

The University of California, Berkeley business school is known as the Haas School of Business. It is the second-oldest business school in the United States, having been established in 1898.

Faculty members include two Nobel Prize laureates in economics.

The school offers courses across the academic spectrum, including full-time MBA, evening and weekend MBA, MBA for executives, master of financial education and undergraduate degrees.

It also puts on a summer programme, which is an intensive six-week summer course that gives non-business students the opportunity to learn the fundamentals of business.


Student experience of business and economics degrees

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International perspective: a Dutch student in Denmark


Top 200 universities for business and economics 2020

Click each institution to view its?World University Rankings 2020?profile

Business and economics rank 2020? Business and economics rank 2019? University Country/region
?1? ?1? Massachusetts Institute of Technology United States
?2? ?2? Stanford University United States
?3? ?3? University of Oxford United Kingdom
?4? ?4? University of Cambridge United Kingdom
?5? ?6? University of California, Berkeley United States
?6? ?8? London School of Economics and Political Science United Kingdom
?7? ?5? Duke University United States
?8? ?11? University of Chicago United States
?9? ?10? University of Pennsylvania United States
?10? ?7? Harvard University United States
?11? ?9? Yale University United States
?=12? ?20? ETH Zurich Switzerland
?=12? ?12? Northwestern University United States
?14? ?17? National University of Singapore Singapore
?15? ?13? Columbia University United States
?16? ?=15? University of Michigan-Ann Arbor United States
?17? ?=15? New York University United States
?18? ?14? University of California, Los Angeles United States
?19? ?18? Tsinghua University China
?20? ?23? Peking University China
?21? ?19? UCL United Kingdom
?22? ?21? Cornell University United States
?23? ?22? The Hong Kong University of Science and Technology Hong Kong
?24? ?25? University of British Columbia Canada
?25? ?30? University of California, San Diego United States
?26? ?=33? University of Warwick United Kingdom
?27? ?=28? University of Toronto Canada
?28? ?32? Erasmus University Rotterdam Netherlands
?29? ?24? Carnegie Mellon University United States
?30? ?27? University of Hong Kong Hong Kong
?31? ?26? The University of Tokyo Japan
?32? ?35? Copenhagen Business School Denmark
?33? ?=28? Tilburg University Netherlands
?34? ?38? Hong Kong Polytechnic University Hong Kong
?35? ?31? University of Minnesota United States
?36? ?38? University of Washington United States
?37? ?37? University of Manchester United Kingdom
?38? ?43? University of Melbourne Australia
?39? ?45? Michigan State University United States
?40? ?46? University of Texas at Austin United States
?41? ?=33? University of Mannheim Germany
?42? ?NR? LMU Munich Germany
?43? ?47? University of Southern California United States
?44? ?41? Dartmouth College United States
?45? ?56? Boston University United States
?=46? ?44? Penn State (Main campus) United States
?=46? ?=57? Pompeu Fabra University Spain
?=48? ?59? Arizona State University (Tempe) United States
?=48? ?36? University of Wisconsin-Madison United States
?50? ?53? Zhejiang University China
?51? ?42? University of Zurich Switzerland
?52? ?65? Nanyang Technological University, Singapore Singapore
?53? ?=57? University of Illinois at Urbana-Champaign United States
?54? ?62? Aalto University Finland
?=55? ?49? University of Edinburgh United Kingdom
?=55? ?=73? University of Queensland Australia
?57? ?39? Johns Hopkins University United States
?=58? ?78? City University of Hong Kong Hong Kong
?=58? ?55? Ohio State University (Main campus) United States
?=60? ?52? Chinese University of Hong Kong Hong Kong
?=60? ?64? Indiana University United States
?62? ?NR? Technical University of Munich Germany
?=63? ?50? Australian National University Australia
?=63? ?70? UNSW Sydney Australia
?65? ?67? University of Maryland, College Park United States
?66? ?=60? KU Leuven Belgium
?67? ?NR? University of Bonn Germany
?68? ?63? Boston College United States
?69? ?66? University of Virginia (Main campus) United States
?70? ?=84? Shanghai Jiao Tong University China
?71? ?51? Georgia Institute of Technology United States
?72? ?=60? University of Sussex United Kingdom
?73? ?68? Maastricht University Netherlands
?74? ?48? Seoul National University South Korea
?75? ?80? Lund University Sweden
?=76? ?82? University of Amsterdam Netherlands
?=76? ?83? University of Vienna Austria
?=76? ?=76? Washington University in St Louis United States
?79? ?=73? University of St Gallen Switzerland
?=80? ?=76? University of Groningen Netherlands
?=80? ?69? University of North Carolina at Chapel Hill United States
?82? ?72? Texas A&M University United States
?=83? ?71? Kyoto University Japan
?=83? ?101–125? University of Surrey United Kingdom
?85? ?99? Queensland University of Technology Australia
?86? ?101–125? Sant’Anna School of Advanced Studies – Pisa Italy
?87? ?88? Paris Sciences et Lettres – PSL Research University Paris France
?=88? ?53? Federal University of Toulouse Midi-Pyrénées France
?=88? ?92? Sungkyunkwan University (SKKU) South Korea
?90? ?101–125? University of Sydney Australia
?=91? ?=94? University of Florida United States
?=91? ?101–125? University of Leeds United Kingdom
?93? ?101–125? University of Alberta Canada
?=94? ?89? Fudan University China
?=94? ?101–125? Higher School of Economics Russian Federation
?=96? ?75? école Polytechnique France
?=96? ?=84? McGill University Canada
?=98? ?101–125? National Taiwan University Taiwan
?=98? ?93? Polytechnic University of Milan Italy
?100? ?126–150? Sun Yat-sen University China
?101–125? ?126–150? University of Arizona United States
?101–125? ?101–125? Aston University United Kingdom
?101–125? ?101–125? Autonomous University of Barcelona Spain
?101–125? ?126–150? Cardiff University United Kingdom
?101–125? ?=100? City, University of London United Kingdom
?101–125? ?151–175? University of Essex United Kingdom
?101–125? ?176–200? Griffith University Australia
?101–125? ?91? Hebrew University of Jerusalem Israel
?101–125? ?79? Korea University South Korea
?101–125? ?90? Lancaster University United Kingdom
?101–125? ?=100? University of Lausanne Switzerland
?101–125? ?=94? Université Catholique de Louvain Belgium
?101–125? ?101–125? University of Massachusetts United States
?101–125? ?=94? Monash University Australia
?101–125? ?92? Nanjing University China
?101–125? ?126–150? Northeastern University United States
?101–125? ?151–175? University of Notre Dame United States
?101–125? ?87? University of Nottingham United Kingdom
?101–125? ?81? Rice University United States
?101–125? ?101–125? Rutgers, the State University of New Jersey United States
?101–125? ?101–125? University of St Andrews United Kingdom
?101–125? ?NR? Technical University of Berlin Germany
?101–125? ?126–150? University of Technology Sydney Australia
?101–125? ?101–125? University of Twente Netherlands
?101–125? ?126–150? Vrije Universiteit Amsterdam Netherlands
?101–125? ?101–125? York University Canada
?126–150? ?126–150? Aalborg University Denmark
?126–150? ?151–175? Aarhus University Denmark
?126–150? ?151–175? University of Antwerp Belgium
?126–150? ?NR? Charles University in Prague Czech Republic
?126–150? ?101–125? University of Exeter United Kingdom
?126–150? ?101–125? Free University of Berlin Germany
?126–150? ?151–175? Georgetown University United States
?126–150? ?126–150? Georgia State University United States
?126–150? ?97? King’s College London United Kingdom
?126–150? ?101–125? Lomonosov Moscow State University Russian Federation
?126–150? ?101–125? Renmin University of China China
?126–150? ?151–175? Sejong University South Korea
?126–150? ?126–150? University of Sheffield United Kingdom
?126–150? ?126–150? Simon Fraser University Canada
?126–150? ?126–150? University of South Australia Australia
?126–150? ?176–200? University of Southern Denmark Denmark
?126–150? ?126–150? Stockholm University Sweden
?126–150? ?201–250? Universiti Teknologi Malaysia Malaysia
?126–150? ?126–150? Tel Aviv University Israel
?126–150? ?126–150? Temple University United States
?126–150? ?151–175? University of Texas at Dallas United States
?126–150? ?=84? Western University Canada
?126–150? ?NR? Worcester Polytechnic Institute United States
?126–150? ?126–150? University of York United Kingdom
?151–175? ?151–175? University of Auckland New Zealand
?151–175? ?126–150? University of California, Irvine United States
?151–175? ?101–125? Case Western Reserve University United States
?151–175? ?201–250? Central South University China
?151–175? ?151–175? Chalmers University of Technology Sweden
?151–175? ?101–125? Emory University United States
?151–175? ?151–175? University of Konstanz Germany
?151–175? ?176–200? Korea Advanced Institute of Science and Technology (KAIST) South Korea
?151–175? ?101–125? Kyung Hee University South Korea
?151–175? ?201–250? Macquarie University Australia
?151–175? ?151–175? University of Malaya Malaysia
?151–175? ?101–125? University of Montreal Canada
?151–175? ?151–175? University of Navarra Spain
?151–175? ?176–200? Newcastle University United Kingdom
?151–175? ?176–200? University of Newcastle Australia
?151–175? ?176–200? NOVA University of Lisbon Portugal
?151–175? ?176–200? University of Reading United Kingdom
?151–175? ?126–150? Royal Holloway, University of London United Kingdom
?151–175? ?176–200? University of Southampton United Kingdom
?151–175? ?151–175? University of Strathclyde United Kingdom
?151–175? ?176–200? Tongji University China
?151–175? ?151–175? Trinity College Dublin Republic of Ireland
?151–175? ?201–250? University of Waterloo Canada
?151–175? ?176–200? University of Western Australia Australia
?151–175? ?101–125? Xiamen University China
?151–175? ?176–200? Yonsei University (Seoul campus) South Korea
?176–200? ?126–150? University of Bath United Kingdom
?176–200? ?151–175? University of Bristol United Kingdom
?176–200? ?201–250? Brunel University London United Kingdom
?176–200? ?151–175? University of Canterbury New Zealand
?176–200? ?176–200? University of Cape Town South Africa
?176–200? ?176–200? University of East Anglia United Kingdom
?176–200? ?176–200? University of Erlangen-Nuremberg Germany
?176–200? ?101–125? George Washington University United States
?176–200? ?151–175? Ghent University Belgium
?176–200? ?126–150? University of Glasgow United Kingdom
?176–200? ?126–150? University of Hamburg Germany
?176–200? ?301–400? Hunan University China
?176–200? ?176–200? University of Illinois at Chicago United States
?176–200? ?126–150? Iowa State University United States
?176–200? ?201–250? King Abdulaziz University Saudi Arabia
?176–200? ?301–400? Lappeenranta-Lahti University of Technology LUT Finland
?176–200? ?151–175? National Taiwan University of Science and Technology (Taiwan Tech) Taiwan
?176–200? ?151–175? University of Pittsburgh-Pittsburgh campus United States
?176–200? ?201–250? Queen’s University Belfast United Kingdom
?176–200? ?151–175? Radboud University Nijmegen Netherlands
?176–200? ?126–150? University of Rochester United States
?176–200? ?201–250? Sichuan University China
?176–200? ?176–200? Vanderbilt University United States
?176–200? ?176–200? Washington State University United States

Click here to view the full ranking for business degrees

Read more:?Need help choosing a degree? Here is the most comprehensive to help you choose?

Reader's comments (2)

Since competition is tough, you should focus on is keeping your GPA very high and engaging in as many as extracurricular activities as possible. If you want to go for the best, there are plenty tips on how to get into Stanford or any other university online, so finding them should not be too difficult.
I’ve found this one https://www.crimsoneducation.org/admission-support/stanford-admissions

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