An MBA is perhaps the most coveted degree in business management. Right after completing their bachelor’s education, students look for options to pursue their MBA programmes. Owing to its lucrative career prospects, it has become a career of choice for many. A large number of business schools around the globe offer MBA programmes and some of them offer specializations also.
If you want to leave a lasting impression on your recruiters then you should definitely take the reputation of the institution into consideration while applying for admissions to an MBA programme. Here are the top 5 MBA programmes in the world in 2020.
Wharton School of Business
Wharton Business School offers a full-time MBA programme. The programme offers a choice of over 19 majors and 200 electives. The school boasts an 18% acceptance rate with students from over 65 countries all over the world. 95% of the students are employed within three months of the completion of their graduation. McKinsey, Boston Consulting Group, Goldman Sachs, Bain, Deloitte, and Amazon are some of the top recruiters for the graduates at Penn Wharton. The program stretching over 20 months is consistently ranked among the top 5 MBAs around the world. The programme focuses intensively on general business education and the depth of 19 majors like Management, Marketing, Accounting etc.
Stanford Graduate School of Business
Founded in 1925, Stanford University offers one of the most revered MBA programmes around the world. With only 7.1% acceptance rate, it is one of the toughest business schools to get into. The business school boasts distinguished faculty that includes three Nobel Prize winners and other prestigious award winners. Being housed in California, the university has close links with Silicon Valley. The MBA offered at Stanford Business School is a 21-month long rigorous program that gives students an opportunity to choose from an array of subjects as electives. Some of the core concepts taught during the first year include ethics in management,human resource management, information management, financial accounting, managerial skills labs, optimization and simulation modeling, organizational behavior, strategic leadership, corporate finance, data analysis etc.
INSEAD
For those who want to learn the core concepts of an MBA in lesser time, INSEAD offers a 10-month long rigorous MBA programme to create thoughtful leaders and entrepreneurs of tomorrow. The institution has two campuses in Europe and Asia with students from over 90 different nationalities. The multi-cultural environment and updated curriculum have been attracting students from all over the world. The course provides robust foundation for management skills and indepth knowledge for research. In the first part of the programme, 14 core courses are taught and in the second part, students are given the choice to choose from over 75 different electives.
MIT- Sloan School of Management
Massachusetts Institute of Technology is a brand name in research and development in the field of business and technology. MIT’s Sloan Business School offers a range of MBA programmes for students wishing to pursue higher education and for the mid-career executives. The courses are designed to help students build a global network of colleagues. The full-time MBA program at MIT is a two-year program taught by the experts from the field. The programme offers options for specialisations and dual-degrees with other partner institutions. The curriculum is designed to augment in students the reasoning skills, analytical ability and application of theoretical concepts to real -world problems. 92% of the graduates are employed within three months after graduation.
Harvard Business School
Harvard Business School offers a full-time two year MBA programme. It is one of the most reputed MBA programmes all over the world and is consistently ranked among the best global MBAs. The school offers dual degree options through other harvard colleges like Harvard Law School, Harvard School of Dental Medicine, Harvard Medical School and Harvard Kennedy School. The institute offers students the wholesome learning experience with a diverse student body, alumni relationships and access to a treasure of resources and research material. During the course of two years, students are given the opportunity to connect with entrepreneurs and industry professionals to help them start their career early.
Having an MBA from one of these business schools is not a cakewalk. Hardwork and luck do play a part but admission committees at these institutions take every detail into consideration. The competition for these courses is extremely high which is why having a globally recognized undergraduate degree is a plus point. Indian School of Business and Finance offers undergraduate courses that will give you a solid base to prepare you for these top institutions for higher studies. The courses at ISBF are taught on the academic directions from the London School of Business and the final degree is awarded by the University of london.