If you’re looking for a major that can be put to good use after graduation, look no further than business administration. Many who get an undergraduate degree in business administration go on to pursue advanced degrees in the field, which can increase earning potential even further.
Some of the best and brightest future corporate leaders can be found enrolled in the following five business schools, which are tops in the US in terms of stand-out faculty and an outstanding network of alumni numbering among the leaders in the business world.
Harvard Business School
The Harvard Business School can boast a self-funded budget for research of $70 million, which gives it a massive edge over other business schools in the country. Harvard routinely comes in at the top or near the top of every ranking of business schools.
A particular point of pride for Harvard Business School is their pioneering of the case method, a learning process using real-world business situations to prepare students.
Faculty members produce more than 30 books and 300 papers in the average year, and 95% of graduates find employment within the first three months of graduating.
Booth School of Business – University of Chicago
The fortunes of the Booth School of Business were quite literally changed in 2008, when 1971 graduate David G. Booth donated $300 million to the school, which promptly named itself after him. Booth gave credit to the school for the success he achieved with his investment firm, which controls $120 billion in total assets.
But it’s hardly like the school was struggling before then. The Booth School of Business is the oldest doctoral program in the country, and can say that six faculty members have received the Nobel Prize for Economics.
Stanford Graduate School of Business
The Stanford Graduate School for Business is one of the most selective schools in the world, admitting a paltry seven percent of its applicants. The school consistently ranks in the top five among business schools, and offers a full suite of MBA, master’s, Ph.D and a variety of education programs for business executives.
What might be more impressive than its top five rankings for quality is its number one ranking for best career prospects, as well as a top spot for the classroom experience.
Wharton School – University of Pennsylvania
The Wharton School of Business was founded in 1881, and is the oldest collegiate school of business in the nation. For the past nearly 150 years, The Wharton School has been regarded as an elite level institution, pumping out generation after generation of corporate leaders.
Another school routinely landing in the top three in business school rankings, the Wharton School was given A+ marks for leadership and career services.
Kellogg School of Management – Northwestern University
Kellogg School has a unique focus among top tier business schools – a global focus. More than 85% of students of the college study abroad in some capacity, and the school has satellite campuses in Canada, Germany, Israel and China.
Kellogg School graduates can boast an average starting base salary of more than $110,000, and over 83% are employed by the three month mark after graduation.