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2023 Best Colleges for Business

There are about 266,338 students enrolled in Business in the USA.

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popularity

Very Popular

Compared to national avg.

Diplomas received last year

57,010

Vs. National Avg.

261%

popularity Rank

#25

cost

Very Affordable

Compared to national avg.

Median degree cost

$19K

Vs. National Avg.

-21%

cost Rank

#336

salary

Low Paying

Compared to national avg.

Average Salary Two Years Out of School

$37K

Vs. National Avg.

-8%

salary Rank

#336

professors

Not Very Good

Compared to national avg.

Professor Rating

C+

Vs. National Avg.

-6%

professors Rank

#332

students

Not Very Diverse

Compared to national avg.

Diversity Rating

C+

Vs. National Avg.

-2%

students Rank

#299

SUMMARY

Going to school for Business is a valuable choice and frequently a needed first step for pupils coveting to pursue a career as a business account executive, a senior business analyst, or a senior finance analyst. Interestingly, business is a very popular major choice, ranking as the 23rd most popular degree. Last academic year alone, there were 25,818 business diplomas received. In-state tuition for business at private colleges is, on average, 3.4 times more spendy than their public counterparts.

There are 421 institutions that offer this degree. This number of schools is on par with other majors offered in the United States. If you are looking to surround yourself with other business majors, look at schools in Indiana which have the most students admitted to business annually. Zooming out, the top region to study business is in the Southeast region with University of Central Florida, Strayer University-Virginia, and Georgia Gwinnett College best representing the region. Interestingly, our pick for the top conference to study business is the Big Ten Conference with Indiana University-Bloomington representing the conference. Based on our list of the best colleges, our choice for the best school for business is Massachusetts Institute of Technology.

The objectively 'best' school is not necessarily the 'best' school for you. There can be a bunch of perspectives to think about when selecting ​university. Stuff like campus amenities, transportation services, and food might refashion one's inclinations of where to go to university. At Authority, we weighed the pros and cons for you. If, as an example, you are intrigued by which business college is home to the top campus, the winner is New York University. If you are primarily interested in which college boasts the best campus, then we have a whole page dedicated to that. We have carefully pored through government databases, student reviews, professor reviews, and more in order to evaluate each major in an unbiased and informative way. Here you can explore our well researched list for the colleges with the best student life&nbspand, from that list, our choice of the school with the best student life for business is University of Pennsylvania. Are you curious why? Continue reading to learn more about Authority's top choices. Many of our conclusions might surprise you.

If cost is a significant factor in your decision on where to go to university, you might be cautious about George Washington University. George Washington University&nbspappears to be the most expensive college for business, at least regarding out of state enrollment. We have a list of the most expensive&nbspcolleges that might put the expense at George Washington University&nbspinto perspective. For more context, you might be interested to know that business is the 86th most expensive program in the United States, with an average cost of $40,700. To zoom out a little, the most costly state for business nationally is Washington with tuition and fees at the primary three colleges amounting to $44,280 at Gonzaga University, adding up to $44,604 at Seattle Pacific University, and expenses amounting to $44,604 at Walla Walla University. Even more broadly, the most expensive region of the country for business is the Far West region which is best demonstrated with Saint Mary's College of California with a cost of $48,988, Gonzaga University with a cost of $44,280, and Seattle Pacific University with a cost of $44,604.

Our cheapest region for business is the Southwest region which is represented by Western New Mexico University with a cost of $11,400, Midwestern State University with a cost of $7,516, and West Texas A & M University with a cost of $6,960. More optimistically, the most affordable college for business is CUNY Graduate School and University Center. Authority's full list of the most affordable universities can be found here.

In-state attendees can anticipate paying in the neighborhood of $10,000 for a degree in business. That cost grows substantially to a median of $21,500 for the out-of-state public-school student. As such, you might be interested in our choice for the school constituting the best value for business: Massachusetts Institute of Technology. Through this link you can find our comprehensive list of the universities we believe to be the best value&nbspin general. Bear in mind, this section is based on out-of-state tuition costs. The value proposition changes when it comes to in-state tuition, but as we do not know what state(s) you might qualify for in-state tuition, we are approaching this discussion through out-of-state tuition costs.

Earnings for business students differ widely, but two years after completing the major graduates will regularly earn around $56,000. There is a lot of variation in pay; top positions can experience pay up to $115,700. Right out of university, the minimum earning opportunities within the business field earn $26,900, which is an alright wage. The top earning graduates from business studied at Massachusetts Institute of Technology&nbspand if you are looking for colleges with all of the highest earning graduates, Authority has that too.

The prevailing diversity of business sits decent, falling in the 65th percentile of all majors. The university with the highest composite diversity for business is Massachusetts Institute of Technology&nbspand here you can find our general list for the schools which have the most diversity. The financial diversity of Business is only within the 63rd percentile of all majors. Racial diversity is even lower in the 57th percentile. White students compose the largest proportion, 60%, of students majoring in business. Additionally, 60% of undergrads pursuing a business major are men.

The median score of business professors is 4 stars, a rating that is surprisingly the median across every major; which is a fine. If you want the most popular business instructor nationally, take a look at Courtney Pham from Northwest Missouri State University. This may be shocking, but the best rated business instructors from student rankings are at Sam Houston State University. If we consider data beyond basic rankings it becomes clear that the college with the best professors for business is Massachusetts Institute of Technology. One can find more detail on our evolving ranking methodology of the best overall professors here, along with some of the top instructors in the U.S.

Finally, the hardest school to get into for business is Massachusetts Institute of Technology. While we are unsure why you would be interested, we have an extensive page for the hardest colleges to get into. That being said, we do hope you understand that looking at academics with a perspective only built on superlatives might cause issues. We at Authority hope you explore our other pages on individual schools and read a few of our background articles on essential things to think about as you progress with your school search.

Top 25 Best Colleges for Business

Search for the best Business colleges according to your filter parameters.

A+

Rating

#1 2023 Best Colleges for Business

Massachusetts Institute of Technology

Cambridge, MA | web.mit.edu/

7%

Acceptance

12,195

Students

#1

Ranking

$53K

Tuition

A+

Rating

#2 2023 Best Colleges for Business

Georgetown University

Washington, DC | www.georgetown.edu/

17%

Acceptance

22,720

Students

#19

Ranking

$58K

Tuition

A+

Rating

#3 2023 Best Colleges for Business

University of Pennsylvania

Philadelphia, PA | www.upenn.edu/

9%

Acceptance

30,688

Students

#7

Ranking

$60K

Tuition

A+

Rating

#4 2023 Best Colleges for Business

University of Southern California

Los Angeles, CA | www.usc.edu/

16%

Acceptance

52,376

Students

#28

Ranking

$60K

Tuition

A+

Rating

#5 2023 Best Colleges for Business

Washington University in St Louis

Saint Louis, MO | www.wustl.edu/

16%

Acceptance

17,893

Students

#18

Ranking

$57K

Tuition

A+

Rating

#6 2023 Best Colleges for Business

Northeastern University

Boston, MA | www.northeastern.edu/

20%

Acceptance

30,003

Students

#45

Ranking

$55K

Tuition

A+

Rating

#7 2023 Best Colleges for Business

Cornell University

Ithaca, NY | www.cornell.edu/

11%

Acceptance

24,594

Students

#14

Ranking

$59K

Tuition

A+

Rating

#8 2023 Best Colleges for Business

Rice University

Houston, TX | www.rice.edu/

11%

Acceptance

8,005

Students

#22

Ranking

$51K

Tuition

A+

Rating

#9 2023 Best Colleges for Business

University of Michigan-Ann Arbor

Ann Arbor, MI | https://umich.edu/

26%

Acceptance

49,530

Students

#33

Ranking

$52K

Tuition

A+

Rating

#10 2023 Best Colleges for Business

University of Florida

Gainesville, FL | www.ufl.edu/

31%

Acceptance

58,857

Students

#76

Ranking

$29K

Tuition

A+

Rating

#11 2023 Best Colleges for Business

The University of Texas at Austin

Austin, TX | https://www.utexas.edu/

32%

Acceptance

54,243

Students

#81

Ranking

$40K

Tuition

A+

Rating

#12 2023 Best Colleges for Business

New York University

New York, NY | www.nyu.edu/

21%

Acceptance

58,361

Students

#23

Ranking

$55K

Tuition

A+

Rating

#13 2023 Best Colleges for Business

University of Notre Dame

Notre Dame, IN | www.nd.edu/

19%

Acceptance

13,268

Students

#16

Ranking

$58K

Tuition

A+

Rating

#14 2023 Best Colleges for Business

Columbia University in the City of New York

New York, NY | www.columbia.edu/

7%

Acceptance

33,882

Students

#10

Ranking

$62K

Tuition

A+

Rating

#15 2023 Best Colleges for Business

Carnegie Mellon University

Pittsburgh, PA | www.cmu.edu/

17%

Acceptance

15,567

Students

#21

Ranking

$59K

Tuition

A+

Rating

#16 2023 Best Colleges for Business

Washington and Lee University

Lexington, VA | www.wlu.edu/

25%

Acceptance

2,269

Students

#43

Ranking

$57K

Tuition

A+

Rating

#17 2023 Best Colleges for Business

University of North Carolina at Chapel Hill

Chapel Hill, NC | www.unc.edu/

25%

Acceptance

32,160

Students

#69

Ranking

$36K

Tuition

A+

Rating

#18 2023 Best Colleges for Business

Babson College

Wellesley, MA | www.babson.edu/

27%

Acceptance

3,987

Students

#25

Ranking

$54K

Tuition

A+

Rating

#19 2023 Best Colleges for Business

Wake Forest University

Winston-Salem, NC | www.wfu.edu/

32%

Acceptance

9,266

Students

#60

Ranking

$58K

Tuition

A+

Rating

#20 2023 Best Colleges for Business

Northwestern University

Evanston, IL | www.northwestern.edu/

9%

Acceptance

25,870

Students

#12

Ranking

$59K

Tuition

A+

Rating

#21 2023 Best Colleges for Business

University of Georgia

Athens, GA | www.uga.edu/

48%

Acceptance

42,941

Students

#120

Ranking

$31K

Tuition

A+

Rating

#22 2023 Best Colleges for Business

University of Wisconsin-Madison

Madison, WI | www.wisc.edu/

57%

Acceptance

47,831

Students

#101

Ranking

$39K

Tuition

A+

Rating

#23 2023 Best Colleges for Business

Boston University

Boston, MA | www.bu.edu/

20%

Acceptance

42,047

Students

#35

Ranking

$58K

Tuition

A+

Rating

#24 2023 Best Colleges for Business

William & Mary

Williamsburg, VA | https://www.wm.edu/

42%

Acceptance

9,785

Students

#87

Ranking

$47K

Tuition

A+

Rating

#25 2023 Best Colleges for Business

Georgia Institute of Technology-Main Campus

Atlanta, GA | www.gatech.edu/

21%

Acceptance

43,217

Students

#42

Ranking

$34K

Tuition

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