The ranking of business schools are normally based on the quality of their faculty members, campus, syllabus, and the likes, however there is no definite list of the top schools in the world. It’s not easy to single out the top 2 or 3 from a number of exceptional institutes, from all around the world. Still, there are some institutes that will make it to the top of any list that ranks these type of schools, based on any criteria. However this list is not an exhaustive one and there are a number of equally good business institutes, other than those included in this list.
London Business School
London Business School is a part of University of London and situated in central London near Regents Park. Apart from MBA, it offers degrees in finance, management, fellowship for business executives, as well as PhD programs.
Harvard Business School
Unarguably, one of the best business schools in the world, Harvard Business School is situated in Allston. No list of high status business schools can be completed without including HBS in it. It offers a two year MBA program, Doctoral Programs and Executive education.
IESE (Instituto de Estudios Superiores de la Empresa)
IESE Business School in Spain is a constituent of the University of Navarra and constantly ranked as one of the most quality schools in Europe. The campuses are located in Madrid and Barcelona. Founded in 1958, IESE offers MBA programs, executive MBA, Global Executive MBA and a range of other business education programs.
Stanford Graduate School of Business
Stanford Graduate School of Business is situated in Stanford, California and offers MBA program, public management program and global management. Unlike other business institutes, Stanford GSB has no specific degree programs with specialization in subjects like marketing or finance. The institute was established in 1925 (the faculty had three Nobel Prize winners at that time).
MIT Sloan School of Management:
MIT Sloan School of Management (1914) is located in Cambridge and offers education programs for a number of business subjects including marketing, economics, finance, information technology and Supply chain management. In addition to these subjects, a very unique MBA program is specifically designed for entrepreneurs, known as Entrepreneurship & Innovation program.
Most of the world’s top business schools are quite old, however International Institute for Management Development (IMD) is a relatively newer one (founded in 1990). However, it is now ranked among the world’s finest business institutes. IMD focuses more on providing executive education programs and is known for its emphasis on management and leadership skills.