Business degrees encompass a range of topics that apply to many sectors of the economy. A degree from any of the best universities will give you an edge over your competitors in the employment world.
Not to forget, if you have any dream of establishing a flourishing business, becoming an outstanding personality in your industry, or just acquiring the best of education in your field, it is worth exploring a business degree. There are so many opportunities you can explore upon graduation.
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The Bureau for Labour Statistics (BLS) speculates a 5% growth for the business and financial occupations between 2019 and 2029, faster than the median growth rate of other jobs. This, the BLS attributes to the high request for business professionals and other factors like globalization, complex tax and business regulations, as well as high usage of data for customer satisfaction.
Pursuing a business degree teaches you essential foundational skills and strategies for building professional networks that will support your career advancement. At business colleges, you won’t just develop core business skills—you’ll also have the opportunity to specialize in a specific area. Specialization options include accounting, entrepreneurship, finance, international business, marketing, and supply chain management.
Every business college has its unique mission statements, degree programs, internship programs and international prospects. Some schools prioritize classroom learning, while others focus on practical learning.
There are many colleges around the world offering highly placed degrees in business. Here are the top 10:
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1. Massachusetts Institute of Technology (MIT) – Sloan School of Business
Massachusetts Institute of Technology is a privately owned college situated in Cambridge, Massachusetts, in the Boston Area. It is one of the leading business schools in the US. Admission into the college is highly competitive and its acceptance rate is just 7%. The college offers bachelor’s, master’s and doctorate programs, in addition to executive education. Its degree programs are among the top-ranking programs in the world.
MIT helps students with traditional leadership practices that would enable them to evolve in the ever-competitive business world. The students develop skills required to lead and transform through changes experienced in modern business through digital learning.
Courses are delivered via case method, lectures, team projects and practical Action Learning Labs. The academic level of coursework is focused on analytical reasoning and quantitative analysis. Some programs offered in the college include finance, human resource management, international business, leadership, healthcare administration, and a lot more.
Tuition per year: $77,168
2. Toronto School of Management (TSoM)
Toronto School of Management provides a variety of industry-focused programs tailored to equip students for the demands of the ever-evolving business world. It also trains students to master the latest digital tools and software, preparing them to tackle the challenges they’ll face in their careers.
The program portfolio of TSoM includes business, hospitality and tourism, accounting, digital marketing, cybersecurity and data analytics. The school also boasts of a diverse student body from across 8 countries, making it a friendly hub to international students.
The Career Service Department of the school ensures that students are provided full support on how to make the right career choice and prepared for interviews. The students will be able to apply the theories taught in the classrooms to a real-life work environment and take part in decision-making and ultimately proffer solutions to problems.
Tuition per year: CAD $12 495 CAD $20 000
3. University of Pennsylvania – Wharton Business School
Widely recognized as one of the world’s top business schools, Wharton Business School transforms the way business operates by offering students groundbreaking ideas, supporting them with in-depth exploration, and turning them into innovative solutions. It inspires and equips students to tackle the complexities of today’s world, advance their business careers, and elevate economic growth to new heights.
Established in 1881 as the first collegiate business school, Wharton has been instrumental in evolving business from a simple trade into a dynamic, highly esteemed profession.
Some of the programs offered at the institution include entrepreneurship & innovation, finance and leadership. The college also offers bachelor’s, masters and doctorate programs in almost 20 disciplines. You might also want to study in the least expensive schools in Pennsylvania
Tuition per year: $70,200
4. The University of California, Berkeley – Haas School of Business
The University of California, Berkeley, which was founded in 1868, was accredited by the Western Association of Schools and Colleges. It boasts of over 180 academic departments and programmes, with eight Nobel Prizes held by current faculty.
The college combines project-based travel opportunities with foundational business skills. The programs offered in the school encompass computable, leadership, business and language skills, inciting the students to view business from a global perspective.
tuition and other fees per year: $47,602
5. Bocconi University, Italy
Bocconi University is a private university located in Milan, Italy. It was the first university in Italy to commence and degree programme in economics. It provides education for bachelor’s, and doctorate studies in the fields of economics, finance, law, management, political science and public administration.
The university is constantly ranked the best in Italy and one of the leading schools in the world. The history of Italy’s educational, social and economic modernisation cannot be told without mentioning Bocconi University, due to its undeniable roles. It is also one of the major Italian research institutions with democratic value and is open to all and sundry.
Since its establishment, Bocconi has remained true to its belief in liberalism, pluralism, socialism and economic advancement. Though a private university, it has traditionally been more than an elite university.
Tuition per year for international students: $12,500
6. London School of Economics (LSE)
The London School of Economics is tremendously diverse and comprehensive. The unique business programmes of the school are designed to provide outstanding strategic and leadership skills to students from all over the world. It also offers a full range of teaching and research programmes across all its academic fields. from its location in the heart of London, LSE connects communities across the globe from formal educational enterprises to advisory work with administrations and multinationals.
The school offers undergraduate and postgraduate programmes, executive education, distance learning, language study among others. It has 24 areas of education and 20 centres for research, with extreme focus given to the fields of economics, management, finance and social sciences.
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7. University of Oxford – Säid Business School
The University of Oxford, founded in the 12th century before the Magna Carta and the rise of the Aztec Empire, stands as one of the world’s oldest colleges. With a rich history and diverse culture, it has profoundly shaped the global educational landscape. Distinguished figures like Sir William Jones, Stephen Hawking, and G.H. Hardy have emerged from this prestigious institution.
Oxford consistently ranks as the top college in the UK, recognized for its excellent research programs and its legacy of producing world-leading academics.
Tuition per year: $32,800-45,900
8. The University of Cambridge – Judge Business School
The University of Cambridge is famed for its global and historical impact on education and research. Though one of the oldest colleges, it boasts of modern teaching facilities, state-of-the-art research centres and public engagement, making it one of the leading institutions in today’s world.
The University of Cambridge was granted a Royal Charter by Henry III in 1231 after its establishment in 1209.
Tuition per year: $29,952
9. Yale University – Yale School of Management (Yale SOM)
Yale School of Management is located in New Haven, Connecticut. Though one of the smaller colleges for business, it has made tremendous efforts to enlarge its scope. There are almost 100 full-time professors and 70 affiliates and visiting professors employed by Yale SOM across its eight disciplinary groups.
It conducts research and education in leadership, behavioural economics, operations management, marketing, entrepreneurship, organisational behaviour and other academic fields. The curriculum is designed to accommodate the ‘Raw Case’ approach used by the professors to challenge small teams of students to analyse practical case studies using data, news reports and interviews.
The students also have lots of opportunities for extracurricular activities. There are almost 50 student-run clubs in the school whose focus is majorly on professional and social activities.
Tuition per year: $74,560
10. Columbia University – Columbia Business School
Columbia University is one of the few institutions that were founded before the American Revolution. With its comprehensive and progressive curriculum, the school prepares the students to become leaders in the highly competitive business world. It lays a solid foundation for success in its diverse areas of study and offers profound understandings of industry-related skills.
The school has over 150 full-time programs and 20 executives which help in transforming business strategies across the world. There are over 100 teachers with in-depth experience from top organisations who come together to share their wealth of knowledge with their ever-growing students.
Students are immersed in business by connecting their classroom learning to the boardrooms, trading floors and retail stores where theory meets hands-on experience. Students are also provided with internship and externship programmes where they apply their learning in leading companies in the areas of finance, investment, marketing, data analytics and product developments.
Tuition per year: $79,752
Conclusion
Conclusively, International business colleges concentrate on the comprehensive scope of business. Students have a great opportunity to have a global perspective on how to manage multinational establishments and develop strategies for the global marketplace and economic systems. They also graduate and land a well-paying job within six months in private, government and not-for-profit organizations.
In case you are considering a college for a major in business, any of the above colleges will offer you the best experience in both theoretical and practical businesses.
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