Why This Matters

  • CHOOSE FROM A VARIETY OF ROLES

    The job options in this field include accountant, fundraiser, market research analyst, financial examiner, and much more.

  • EMPLOYMENT IN BUSINESS AND FINANCE IS EXPECTED TO GROW BY 7%.

    According to the Bureau of Labor Statistics, over 715,100 new jobs are expected in the business and finance occupations between 2021 and 2031. Businesses value the leadership and knowledge that a business degree provides, no matter what the industry.

  • EARN $76,570 PER YEAR ON AVERAGE

    There are over a dozen different occupational categories that arise from a business degree, and though the median pay for each is different, the median annual wage for business and financial occupations is $76,570.

Our Research

This list features some of the best business degree programs at top colleges across the country. Each school featured is a nonprofit, accredited institution — either public or private — with a high standard of academic quality for post-secondary institutions. The programs on our list are accredited by agencies like the Association to Advance Collegiate Schools of Business (AACSB) and the Accreditation Council for Business Schools and Programs (ACBSP), both reputable organizations who assess business programs for educational excellence and a commitment to quality education.

We evaluated each school’s program on tuition costs, admission, retention and graduation rates, faculty, and reputation as well as the student resources provided for on-campus students. Then we calculated the Intelligent Score on a scale of 0 to 100. Read more about our ranking methodology.

Next, we compared this comprehensive list of business degree programs to a list of aggregated college rankings from reputable publications like the U.S. News & World Report among others to simplify a student’s college search. We pored through these rankings so students don’t have to.

The Top 42 Business Degree Programs

Best Business Degree Programs 2023
01
Intelligent Pick
Massachusetts Institute of Technology at Sloan School of Management
01
Best Sustainability Program
University of California Berkeley
01
Best Specialization Options
University of Pennsylvania
01
Best Student Support Services
University of Michigan
01
Best Job Placement Rate
University of North Carolina
01
Best Fieldwork Experience
Cornell University
01
Best Scholarships
University of Texas at Austin
01
Best Catholic Institution
University of Notre Dame
01
Best Student-to-Faculty Ratio
Washington University in St. Louis
01
Best Private Research School
Carnegie Mellon University
01

University of Wisconsin
01

University of Illinois Gies College of Business
01

The Ohio State University Fisher College of Business
01

Georgia Institute of Technology
01

UFL Warrington College of Business
01

Emory University
01

University of Southern California
01

University of Maryland Graduate School
01

Georgetown University
01

University of Minnesota Carlson School of Management
01

Penn State Smeal College of Business
01

Brigham Young University Marriott School of Business
01

New York University
01

UGA Terry College of Business
01

William and Mary School of Business
01

University of San Diego
01

Indiana University Kelley School of Business
01

University of Pittsburgh
01

Texas A&M University Mays Business School
01

Case Western Reserve University Weatherhead School of Management
01

UConn School of Business
01

Michigan State University
01

University of Iowa
01

Clemson University
01

Wake Forest University
01

Miami University
01

Virginia Polytechnic Institute and State University
01

Santa Clara University
01

Florida State University
01

Northeastern University
01

Georgia State University
01

Rensselaer Polytechnic Institute

What You Should Know About This Degree

A business degree is one of the most valuable investments you can make in your future, particularly if you dream of a career in accounting, finance, marketing, or management. The curriculum offered can encompass several different areas of specialization, so it is important that when you’re researching programs you select one that has a strong focus in the area you are most interested in. Make sure that you’re going to get a comprehensive overview of general business skills and the understanding you’ll need to shape a well-rounded education.

An undergraduate business program will take four years, with the first two usually encompassing a liberal arts education that includes History, English, Social Sciences, and Mathematics before narrowing focus in the last two years to immersion in business classes. A Master’s in Business Education is an advanced degree that typically takes two years to complete if pursued full-time, but it is also available on a part-time basis so that candidates can attend school while maintaining a full-time job. These programs are available in-person, online, and as hybrid combinations. They offer options for study that include Accounting, Finance, Marketing, Information Systems, Management, International Business, Supply Chain Management, Operations Management, Business Analytics, and more.

Beyond the financial value of a business degree, graduating with a business degree has the additional value of providing knowledge and leadership skills that can be applied to non-business endeavors. Many MBA graduates move forward into positions in politics, public service, education, science, the arts, and beyond.

Though certifications are not generally required for management positions, there are some certifications that are worth pursuing throughout your career, after you’ve earned your degree. These confirm your credentials, knowledge, and level of commitment in particular business arenas. Some of the certifications that are most frequently pursued include the Certified Business Analysis Professional (CBAP); Project Management Professional (PMP); Professional Certificate in Team Leadership; HubSpot Inbound Marketing; and APICS Certified Supply Chain Professional (CSCP).

What’s Next?

Here are some questions to ask when researching business degree programs:

  • Am I eligible for this program? Eligibility for an undergraduate business degree program is generally open to high school graduates who have demonstrated strong academic ability and who have scored well on standardized tests such as the SAT or ACT tests. Though students often apply for admission directly to the business school, it is sometimes possible to apply to the larger college or university and then seek admission into the business program if they meet the prerequisite requirements.
  • What tests are required for this online degree? Admission into an MBA program is available to those who have graduated from an accredited college and who have demonstrated their personal drive and determination, strong academics, and interpersonal skills. Application usually requires a minimum GPA in college and scoring well on the Graduate Management Admission Test (GMAT). Letters of recommendation and a personal statement are also generally required.

Though both undergraduate and graduate level business degrees represent a significant financial investment, they also deliver a strong return on that investment in the form of generous salaries and opportunities to advance quickly in your chosen career. If you require financial aid, it’s a good idea to begin researching your options early. Filling out the Free Application for Federal Student Aid (FAFSA) form will provide you with invaluable information about your eligibility for financial aid. There are also many national, state, and local scholarships for which you may be eligible.