Best Undergraduate Business Schools

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What Type of Business Degree Should You Get?

An undergraduate degree in business provides a generalized knowledge of the business world. From there, you can specialize in areas such as accounting, human resources, and management.

Some popular specializations include public relations, marketing, economics, and management. Of course, these can all be their own separate degrees — the value of a business degree comes from its broad application and flexibility.

An MBA also offers specialization, such as in communication, finance, ethics, and entrepreneurship.

What Can You Do with a Business Degree?

The most common occupations for business majors are accountants, auditors, and general managers. Other options include financial managers and executives.

Business degrees boost management skills in general. Many business majors become managers in their fields. The highest paying jobs for business graduates are in marketing, finance, and sales.

Some business degrees are expensive, and some are cheap. For instance, the cheapest university on this list is New York University, with a net tuition of only $10,068. The most expensive school is Bentley University, at $37,657.

Top traditional schools and online colleges pay close attention to student needs. Flexible schedules and adaptable coursework create learning environments for people around the world. College Choice also ranked the Best Online Business Degrees.

Recommended Online Programs

Job Expectations

Job growth rates in business-related fields are ticking upward every year. By 2020, the Bureau of Labor Statistics projects job growth rates for the following fields:

  • Financial Analyst (23%)
  • Human Resource specialists (21%)
  • Accountants and Auditors (16%)

The difficulty of a business degree can vary. At UC Berkeley, the business administration graduating class of 2017 had an average GPA of 3.54. In 2013, Stanford’s business school grads averaged 3.73 GPA.

Should You Get A Business Degree?

Are you pursuing a career that involves management, administration, or finance? Are you considering a master’s degree in a related field, but have not yet narrowed your options down? Do you want a flexible degree with high chances of immediate employment?

If your answer is “yes,” then continue reading.

Business was the most popular major in 2016, according to College Factual. Business degrees remain popular because they are practical and applicable.

A business degree is the Swiss Army Knife of all majors. You will learn math for practical analysis. You will learn interpersonal communication skills. You will learn to assess the strengths and weaknesses of your projects and yourself. You will be a valuable member of a company, or you can be your own boss. For business majors, the world is full of opportunity.

How much money can you make with a Business Degree?

Business majors were the fourth-highest-paid graduates in 2017. This is according to the National Association of Colleges and Employers.

A sampling of the average salaries for some business-related careers gives a good impression of the major. These statistics come from PayScale:

  • Financial Analyst: $57,104
  • Accountant: $49,450
  • Human Resources Manager: $63,324
  • Office Manager: $46,112

What are the Best Business Schools?

Below you will find the best business schools in the country.

College Choice uses a variety of sources to create this list. These include quality, affordability, value, and reputation.

Quality comes from the school’s retention and graduation rates, faculty strength, and curriculum. We pull these stats from the Integrated Postsecondary Education Data System.

Reputation takes into account the school’s rankings from other organizations like The Princeton Review.

Value and Affordability factor in the net tuition price of each school. They also estimate the return on investment from getting a degree there.

Satisfaction measures how much students enjoyed their school experience. Was it worth the money? Did they have fun? Would they recommend the program?

These five statistics combined determine the 50 Best Business Schools in the country. Consider these schools in your search for a promising and rewarding career.

Best Undergraduate Business School Ranking

See our rankings methodology page.

  1. Massachusetts Institute of Technology
    Location

    Cambridge, MA

    Tuition

    $$$$$

    Overview

    The Massachusetts Institute of Technology is home to the Sloan School, one of the top undergraduate business schools in America. Getting a degree from MIT is an accomplishment in and of itself, so it’s no surprise that students demand the very best from the school. It continues to be a leader in business education and has only grown in reputation as it has evolved its curriculum.

    Presence

    Sloan offers three degrees in its Course 15 series. The majors include Management, Business Analytics, and Finance. Students can create their own concentrations and specializations to complement their degree, ensuring the right education for any career. Degrees and concentrations offered at this school include:

    • Business Analytics
    • Finance
    • Management
    • Management Science

    Notes

    Sloan has chosen to keep class sizes small, expand majors, and adopt an experiential-based learning method. These improvements are the primary reason MIT falls at the top of the list.

  2. University of California at Berkeley
    Location

    Berkeley, CA

    Tuition

    $$$$$

    Overview

    The Haas School of Business is an institution that most people have heard of, especially if they are in business. Housed at the University of California at Berkeley, the premier school is perfect for undergraduates interested in a business degree.

    Presence

    Haas confers an undergraduate degree in business administration. It comes with six concentrations, giving business majors the ability to further specialize in one aspect of business. Elective courses are also available in more advanced topics such as brand management and leadership. Degrees and concentrations offered at this school include:

    • Organizational Behavior
    • Business Communication
    • Marketing
    • Accounting
    • Finance

    Notes

    One of the most popular concentrations at Haas is the Global Management Concentration. Like many other programs on this list, this is a concentration on international business. Students must spend at least one semester abroad and be proficient in a second language to graduate with distinction.

  3. University of Pennsylvania
    Location

    Philadelphia, PA

    Tuition

    $$$$$

    Overview

    The University of Pennsylvania’s most famous institution is the Wharton School of Business. It is one of the top business colleges in the country and has a notoriously competitive admissions process. Wharton is an Ivy League school and combines small classrooms with large opportunities. It’s worth it… for those that get in!

    Presence

    Every undergraduate at Wharton will graduate with a Bachelor of Science in Economics, but there are several concentration options. The list is extensive and covers everything from business and economics to real estate and social responsibility. Degrees and concentrations offered include:

    • Multinational Management
    • Legal Studies & Business Ethics
    • Business Economics & Public Policy
    • Environmental Policy & Management
    • Global Analysis

    Notes

    This was the first business school created at the collegiate level and is still setting the bar for excellence. From study abroad opportunities to internships, students have their hands more than full when attending this great school.

  4. University of Michigan
    Location

    Ann Arbor, MO

    Tuition

    $$$$$

    Overview

    The University of Michigan at Ann Arbor is a fascinating school on this list. The Ross School of Business confers one undergraduate degree for business majors in a league of its own and is quickly climbing the business school rankings. Ross offers students the chance to receive the Bachelor of Business Administration through the MERGE curriculum.

    Presence

    This is a specialized curriculum developed for and by the Ross faculty. This is a three-year program that prepares students for business and then frees them to follow other interests that tie closely into business and management. It culminates in a capstone project that showcases a student’s skills and knowledge, which can then become part of a resume. Degrees and concentrations offered at this school include:

    • Bachelor of Business Administration

    Notes

    The MERGE curriculum is a dynamic and innovative approach to the traditional B.B.A. program. The school is setting a foundation for positive leadership and critical thinking and communication skills. Students start-off on the same curriculum and then pursue other interests. It’s no surprise that a reported 96 percent of all students find employment within three months of graduation.

  5. University of North Carolina
    Location

    Chapel HIll, NC

    Tuition

    $$$$$

    Overview

    The Kenan-Flagler Business School can is at the University of North Carolina at Chapel Hill. This well-regarded business school hosts an assortment of customization options for the undergraduate degree, making it one of the most flexible schools on this list in terms of academic requirements. This school is regionally accredited by the Commission on Colleges of the Southern Association of Colleges.

    Presence

    Kenan-Flagler offers students the chance to get an undergraduate degree in business with customized options in 10 different areas of emphasis. Students can choose up to two emphases, such as Multinational Finance and International Business, as well as a minor, to create a degree that reflects their passion. If a student chooses this path, they should speak with an admissions advisor to ensure they graduate on time. Degrees and concentrations offered at this school include:

    • Investment Management
    • International Business
    • Marketing Management
    • Multinational Finance
    • Operations

    Notes

    The school is also known for its undergraduate global programs, an important part of an undergraduate’s education. There are a variety of programs to choose from, including intensives that last for a week to semester-long programs at one of 18 universities around the world.

  6. Cornell University
    Location

    Ithaca, NY

    Tuition

    $$$$$

    Overview

    Cornell University houses Cornell Business, the school’s institution for business students. It is here that business majors will find a plethora of majors and concentrations to help them fulfill their business goals. Cornell is widely known for its diversity among its student body and its faculty, as well as for its small class sizes. For business students, opportunities to enter case competitions or developing ideas is right on campus.

    Presence

    Cornell Business offers a Bachelor of Science in Applied Economics and Management with 11 concentrations. Additionally, the school offers the Bachelor of Science in Hotel Administration through the School of Administration. Degrees and concentrations offered at this school include:

    • Environmental, Energy, and Resource Economics
    • International Trade and Development
    • Agribusiness Management
    • Food Industry Management
    • Business Analytics

    Notes

    The Dyson School offers a myriad of concentrations found nowhere else. From agribusiness to food industry management and more, the school offers specialized degrees in business that prepare students for a fruitful career in a specialized industry.

  7. University of Texas at Austin
    Location

    Austin, TX

    Tuition

    $$$$$

    Overview

    The University of Texas at Austin is home to the McCombs School of Business, a leading business education institution. This school offers a strong selection of undergraduate majors that come with specializations and concentrations. This university is regionally accredited by the Commission on Colleges of the Southern Association of Colleges

    Presence

    McCombs is one of the largest schools of its kind in the country, educating more than 6,000 students every year. The school confers four undergraduate degrees, including one for non-business majors, with 10 majors and a selection of concentrations and specializations. Degrees and concentrations offered at this school include:

    • Texas B.B.A., International Business
    • International Business
    • Science and Technology Management
    • Supply Chain Management
    • Accounting

    Notes

    McCombs pairs undergraduate students with case competitions, study abroad opportunities, and internships that fit their interests. The university is known for job placement stemming from one of these programs, ensuring that most McCombs graduates find employment.

  8. University of Notre Dame
    Location

    Notre Dame, IN

    Tuition

    $$$$$

    Overview

    The Mendoza College of Business is where Notre Dame students go for their business needs. The school confers undergraduate degrees for business students, allowing them to take part in the intimate nature of the institution while still getting valuable real-world experience. The business school takes a holistic and spiritual approach to education.

    Presence

    Mendoza confers seven business majors; the newest addition, Business Analytics, won’t launch until next year, but it’s already getting a lot of attention. Students can also choose to minor in Innovation and Leadership as part of their degree program. Degrees and concentrations offered at this school include:

    • Management & Organization
    • Marketing
    • Accountancy
    • Information Technology, Analytics, and Operations
    • Management

    Notes

    Students spend as much time out of the classroom learning through experience as they do in the classroom. This prepares them for the challenges that they will face in the business world. With solid relationships with classmates and professors, no one is surprised that Notre Dame falls in the top five.

  9. Washington University in St. Louis
    Location

    Saint Louis, MO

    Tuition

    $$$$$

    Overview

    Washington University in St. Louis is home to the Olin Business School. This is a remarkable institution that offers undergraduates a wide range of options when choosing a bachelor’s degree. Olin is always on the top of the undergraduate business school rankings.

    Presence

    The school confers the Bachelor of Science in Business Administration degree, one of the most desired degrees by employers. The school has eight majors, a number that is rarely rivaled by any other school. Degrees and concentrations offered at this school include:

    • Operations and Supply Chain Management
    • Entrepreneurship
    • Economics and Strategy
    • Leadership and Strategic Management
    • Finance

    Notes

    This school believes in having students put into practice what they’ve learned. Students enjoy the opportunity to work on case studies, work in teams through business plan competitions, and even operate their own business on school property. It’s no wonder that students with an eye towards entrepreneurship flock to Olin.

  10. Carnegie Mellon University
    Location

    Pittsburgh, PA

    Tuition

    $$$$$

    Overview

    Carnegie Mellon University is no doubt one of the best-known schools on this list. The Tepper School of Business, however, is perhaps more well-known than its parent institution. It is the home to the best business program for undergraduate students. Tepper currently has partnerships with six business institutions around the world.

    Presence

    Tepper confers two degrees to undergraduates, including the Bachelor of Science in Business Administration and the Bachelor of Science in Computational Finance. The B.S.B.A. is, however, the most popular, and students can choose to concentrate their studies in one of 10 specializations. Degrees and concentrations offered at this school include:

    • Graphic Media Management
    • International Business
    • Leadership and Organizational Effectiveness
    • Finance
    • Operations Management

    Notes

    This is a perfect addition to a business education for international business students. The school does not require studying abroad, but it is strongly encouraged. The faculty believes that this is one of the best ways for students to understand how business works outside of the United States, broadening their horizons.

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