MBA Rankings

The Best MBA Programs in 2027, Ranked by Cost, Selectivity, and Outcomes

Best MBA programs ranked by cost, selectivity, and outcomes for 2027

Key Points: Best MBA Programs

  • University of Pennsylvania ranks #1 on a 97.7 Program Score, with a 97% graduation rate.
  • Only the top 23 programs make this list; every one is ranked on the same federal data, not on reputation.
  • Scores weigh graduation rate most, then selectivity, cost and graduate earnings, from IPEDS, College Scorecard and BLS data. No school pays for a place (methodology).
Programs analyzed
978
Average graduation rate
92%
Median salary (BLS)
$105,770

The best MBA programs for 2027 span two very different price tags: a public option at $4,477 a year and a private one at $69,400, and both can put a graduate into the same national job market. This ranking scored 978 MBA programs on graduation rate, admission selectivity, cost, and outcomes data pulled from IPEDS and BLS sources, then built a single Program Score to rank the top 23. The result favors programs that get students in, keep them enrolled, and send them out, without a six-figure private-school price tag being the only route to a strong finish.

Twenty-three programs made this list. Nine are public universities and fourteen are private nonprofit MBA programs. University of Florida is a public program with a 91% graduation rate, proof that a top-scoring MBA does not require a private school. Average graduation rate across the ranked programs is 92%, well above what open-admission programs typically post.

What follows breaks down what an MBA actually costs and how to read the return on investment against a national salary benchmark, why AACSB accreditation is the credential that matters for a Master of Business Administration, and how online and accelerated MBA programs fit working professionals choosing among business school options. Every section here ties back to a real number pulled from the data; no placement in this ranking rests on reputation or a survey.

The Top MBA Programs at a Glance

Each program scores 0 to 100 on the Program Score, a composite of graduation rate, cost, selectivity, and outcomes. Longer bars rank higher.

How the MBA Programs Are Scored

Each MBA program's Program Score combines graduation rate, admission selectivity, in-state and out-of-state cost, and outcomes data, all sourced from U.S. Dept. of Education IPEDS institutional reporting and cross-referenced against BLS wage data (OEWS) for the occupations MBA graduates most often enter. Programs with incomplete IPEDS reporting on tuition, enrollment, or completions were excluded from scoring rather than estimated.

Every program earns a Program Score from 0 to 100, built only from federal data (IPEDS, the U.S. Department of Education, and BLS) and scored against its true peers: programs in the same field at the same degree level. No reputation surveys, no pay-to-play. Here is how the score is weighted:

  • Outcomes44%

    Graduation rate (26%) and real per-school graduate earnings (18%). Does the program get students to the finish line, and where do they land?

  • Selectivity & academics38%

    Admissions selectivity (24%) and the academic profile of admitted students (14%).

  • Scale & value18%

    Enrollment (7%), cost-to-earnings value (6%), and the number of graduates a program produces (5%).

Weights renormalize over the data each program actually reports, so a school missing a metric (many open-access colleges do not publish entrance scores or earnings) is never penalized for it. Scores are percentiles within the peer group, curved to a 0-to-100 scale. What the score does not measure: individual instructor quality, specific course content, or campus culture. Verify those directly with the program.

The 23 Best MBA Programs, Ranked for 2027

The 23 best MBA Programs, ranked by outcomes.

University of Pennsylvania

Philadelphia, PA · Nonprofit

97.7 Program Score
Grad rate
97%
Admit rate
5%
Tuition
Varies by program

The University of Pennsylvania's Management MBA requires 19 course units, with four units in the major on top of a 9.5-unit MBA core.

  • 97% graduation rate
  • Program Score 97.7
  • 5% admit rate
  • 19 course units, 4 in the major

The University of Pennsylvania offers its MBA with a Management major through the Wharton School. The department describes the major as preparing students to manage established enterprises or guide start-ups, with attention to people and organizations across national and cultural borders. Students can take the general Management major or choose a focused major in Entrepreneurial Management, Organizational Effectiveness, Multinational Management or Strategic Management. Graduation requires a minimum of 19 course units. The Management major takes four units beyond the management core, the MBA core totals 9.5 units, and 5.5 units are electives. The core includes courses such as Foundations of Teamwork and Leadership and either Managing Established Enterprises or Management of Emerging Enterprises. The general major lets students choose courses across the department, while the focused majors can count some outside courses.

Penn graduates 97% of its students, and its admit rate is 5%, so this is a highly selective route. The Program Score of 97.7 on a 0 to 100 scale is the basis of its ranking here, and it draws on the federal graduation and admissions figures along with program data. The program fits students who want a general management foundation with room to specialize in entrepreneurship, strategy or organizations. Anyone planning a focused major should plan the electives early, since those 5.5 elective units shape how deep the specialization goes.

View University of Pennsylvania's MBA Program →

University of Texas at Austin

Austin, TX · Public

97.5 Program Score
Grad rate
89%
Admit rate
27%
Tuition
Varies by program

An MBA with full-time, executive and evening options in Austin, alternating-weekend formats in Dallas and Houston, and 22 elective tracks.

  • 89% graduation rate
  • Program Score 97.5
  • 22 elective tracks
  • Full-time, evening and weekend formats

The Master of Business Administration at the University of Texas at Austin is run by the Red McCombs School of Business. The catalog lists several scheduling options: full-time, executive and evening programs in Austin, and alternating-weekend programs in Dallas and Houston. Full-time students can concentrate in one of 22 elective tracks across areas such as accounting, finance, marketing, management, and information, risk and operations management. Certain tracks lead to a Business Administration-Management Science and Quantitative Methods or Financial Mathematics degree, both classed as STEM-designated. MBA students must own a laptop, and applicants submit a GMAT, Executive Assessment or GRE score unless a waiver applies.

The university graduates 89% of its students and admits 27% of applicants. The program earns a Program Score of 97.5 out of 100, which is the basis of its ranking. It suits working professionals in Texas metros who need a weekend or evening schedule, as well as full-time students who want to specialize through a track and keep a STEM option open through the quantitative tracks.

View University of Texas at Austin's MBA Program →

University of Florida

Gainesville, FL · Public · online option

97.3 Program Score
Grad rate
91%
Admit rate
24%
Tuition
Varies by program

The University of Florida's MBA offers concentrations in business analytics, competitive strategy, finance, human capital, marketing, real estate and supply chain management.

  • 91% graduation rate
  • Program Score 97.3
  • Seven concentrations
  • 48 credits in the two-year option

The University of Florida's Master of Business Administration builds conceptual knowledge of business functions along with analytical, problem-solving and decision-making skills. The traditional curriculum lets students extend their knowledge in a specialized field, with concentrations in business analytics, competitive strategy, finance, human capital, marketing, real estate and supply chain management. The catalog says every option requires at least two years of full-time professional work experience, two recommendation letters, a resume, essays and transcripts. Full-Time MBA applicants must also submit GMAT or GRE scores and interview. The two-year option requires at least 48 credits of coursework, while the school also lists 32 credit programs, and apart from those the curriculum requires no prior business coursework.

The University of Florida graduates 91% of its students and admits 24% of applicants. The program earns a Program Score of 97.3 out of 100, the basis of its ranking. It fits working professionals with a few years of experience who want to pair general management training with a defined specialty, and who are comfortable with a selective process that includes test scores, essays and an interview for the full-time route.

View University of Florida's MBA Program →

Cornell University

Ithaca, NY · Nonprofit

97.2 Program Score
Grad rate
95%
Admit rate
9%
Tuition
Varies by program

Cornell University offers a two-year full-time MBA in Ithaca and a one-year Cornell Tech MBA in New York City.

  • 95% graduation rate
  • Program Score 97.2
  • Two-year Ithaca MBA
  • One-year Cornell Tech MBA in New York City

Cornell University's SC Johnson College of Business lists several graduate business degrees on its program page, including two MBA options. The Cornell MBA from the Johnson School is a full-time, in-person, two-year program in Ithaca that starts in August and promises deep immersion opportunities and leadership development. The Johnson Cornell Tech MBA is a full-time, campus-based, one-year program in New York City that starts in May and includes a semester-long industry immersion and networking opportunities. Both require a bachelor's degree. The page also offers a program finder that lets applicants compare the college's 40 programs by degree, career stage, format, location and area of interest.

Cornell graduates 95% of its students and admits 9% of applicants. The program's Program Score is 97.2 out of 100, which is the basis of its ranking. The choice of a two-year Ithaca schedule or a one-year New York City schedule suits applicants who want a full-time, in-person MBA and are deciding between a longer immersion and a faster return to the workforce. Applicants should confirm current requirements and deadlines with the program before applying.

View Cornell University's MBA Program →

Yale University

New Haven, CT · Nonprofit

97.1 Program Score
Grad rate
96%
Admit rate
4%
Tuition
Varies by program

Yale University's MBA is a two-year, in-residence program with a core first year and an elective second year.

  • 96% graduation rate
  • 4% admit rate
  • Program Score 97.1
  • Two-year in-residence MBA

The Yale University's School of Management offers a two-year, in-residence MBA for students who want to accelerate leadership careers across roles and industries. The curriculum is integrated: Year 1 is the core and Year 2 is electives. The school frames its mission as educating leaders for business and society. Its class profile lists total enrollment of 367, 41% international students, 44% women and a middle 80% GMAT range of 691 to 760. Applications are accepted in three rounds, and the first-round deadline for the current cycle is September 15, 2026. The school also describes a student community built around curiosity and openness, with a Year 2 elective period that lets students shape the degree around their own goals and lets them draw on the wider university.

Yale graduates 96% of its students and admits 4% of applicants overall, so admission is highly selective. The program earns a Program Score of 97.1 out of 100, the basis of its ranking. It fits applicants with strong quantitative profiles who want a full-time residential MBA inside a research university and are comfortable with a mission built around business and society as much as the bottom line.

View Yale University's MBA Program →

Duke University

Durham, NC · Nonprofit

97.0 Program Score
Grad rate
97%
Admit rate
6%
Tuition
Varies by program

Duke University's Fuqua full-time MBA offers 16 concentrations and 100+ electives, and the whole program carries the STEM designation.

  • Program Score 97
  • 97% graduation rate
  • 16 concentrations
  • STEM-designated MBA

Duke University's Fuqua School of Business runs a full-time Daytime MBA in Durham. The school describes a curriculum with fewer core classes than is typical, so students reach electives sooner, with 16 concentrations and more than 100 electives to build from. Students team up in six-week terms, and the page highlights experiential learning, dual degrees with other Duke programs and global opportunities. More than 60 student-run clubs operate on campus, and the school says its Career Management Center has specialized coaches and draws more than 200 recruiting companies. The entire program now carries the official STEM designation, which the school says gives eligible international students two additional years to work in the United States if their jobs meet certain requirements.

The program has a Program Score of 97 out of 100, the basis of its ranking. Duke admits 6% of applicants, and 97% of its students graduate. The profile fits applicants with strong academic and work records who want a two-year residential experience, room to customize a course load, and a class built around team-based work. Applicants who need a part-time or online format will want to look at the school's other MBA options.

View Duke University's MBA Program →

University of California-Los Angeles

Los Angeles, CA · Public

96.9 Program Score
Grad rate
93%
Admit rate
9%
Tuition
Varies by program

University of California-Los Angeles's Anderson's MBA lets applicants submit a GMAT Focus, GRE or Executive Assessment score and offers three-year concurrent degrees with urban planning, computer science and Latin American studies.

  • 93% graduation rate
  • Program Score 96.9
  • 9% admit rate
  • Three concurrent degree options

The University of California-Los Angeles lists its Master of Business Administration through the Anderson Graduate School of Management. No specific undergraduate major is required, though applicants are expected to have completed elementary algebra and differential calculus before entering. Admission is limited to fall, with three application rounds in October, January and April. Applicants may submit a GMAT Focus, GRE General Test or Executive Assessment score, plus two letters of recommendation, and the school gives preference to those with full-time work experience after the bachelor's degree. Concurrent degrees are available: an MBA/Master of Urban and Regional Planning, an MBA/MS in Computer Science and an MBA/MA in Latin American Studies, each completed in three academic years.

The federal data show a 93% graduation rate at UCLA, and the university admits 9% of applicants, so this is a highly selective path that rewards a strong record and real work history. The program carries a Program Score of 96.9 out of 100, which is the basis of its ranking here. It fits professionals with a few years of experience who want a full-time MBA with the option to pair management training with planning, technical or regional specialties.

View University of California-Los Angeles's MBA Program →

University of Georgia

Athens, GA · Public

96.7 Program Score
Grad rate
90%
Admit rate
38%
Tuition
Varies by program

University of Georgia's Terry MBA admits 38% of applicants and charges in-state students just $10,034, about 15% of Yale's sticker price.

  • 38% admit rate
  • 90% graduation rate
  • $10,034 in-state tuition
  • 9 concentrations incl. Fintech

The Terry College of Business offers its MBA in four formats: a full-time, two-year program based in Athens, plus Executive, Professional, and Online MBA tracks run out of Atlanta. The full-time track carries nine concentrations, with named focus areas in strategy, social innovation, and Fintech, and University of Georgia also runs a Double Dawgs pathway that lets students combine a bachelor's degree with this MBA in five years or less.

UGA admits 38% of MBA applicants, one of the more accessible programs in this ranking next to Yale's 4%, Duke's 6%, and UCLA's 9%, while still graduating 90% of its students. Tuition is $10,034 in-state and $30,272 out-of-state, a $20,238 gap; in-state cost runs about 15% of Yale's flat $67,250 tuition. That balance of wide access, strong completion, and low public cost backs a Program Score of 96.7.

Fit: applicants who want format flexibility, full-time, executive, professional, or online, and a public price tag, especially Georgia residents paying near $10,000 a year rather than the $60,000-plus sticker prices at Yale or Duke.

View University of Georgia's MBA Program →

Tufts University

Medford, MA · Nonprofit · online option

96.7 Program Score
Grad rate
94%
Admit rate
11%
Tuition
Varies by program

Tufts University's Fletcher Executive Master of International Business is fully online for professionals with eight or more years of experience, with two in-person immersions.

  • 94% graduation rate
  • Program Score 96.7
  • Fully online, 8+ years experience
  • Immersions in Boston and abroad

Tufts University's Fletcher School offers the Executive Master of International Business Online, previously called the Global Business Administration degree. The page describes it as taking the core of a global MBA and adding the contextual intelligence of international affairs. It is designed for students with eight or more years of experience and is delivered online, with coursework completed on the student's own schedule, full time or part time. Two in-person immersions bring students together, one in Boston and one in an international city. The program is built to help working professionals pivot or accelerate toward their career goals, and it connects them with an international network of peers.

Tufts graduates 94% of its students and admits 11% of applicants, making the university highly selective. The program earned a Program Score of 96.7 out of 100, which is the basis of its ranking. It fits experienced managers who want MBA-level rigor with a global affairs perspective while continuing to work, and who can travel for two short residencies. Because the schedule is flexible and the cohort is made up of experienced professionals, it is a weaker fit for students who want a traditional campus year straight after an undergraduate degree.

View Tufts University's MBA Program →

New York University

New York, NY · Nonprofit

96.7 Program Score
Grad rate
88%
Admit rate
9%
Tuition
Varies by program

New York University's Stern lists full-time, focused, part-time, dual-degree and online routes to an MBA, from a 1-year, 52-credit track to a 60-credit general degree.

  • 88% graduation rate
  • Program Score 96.7
  • 2-year 60-credit full-time MBA
  • Part-time and dual-degree options

New York University's Stern's MBA page lays out the formats it offers. The Full-time MBA is a general two-year, 60-credit degree. Two focused full-time options, the Andre Koo Technology and Entrepreneurship MBA and the Luxury and Retail MBA, each run one year and 52 credits. The Part-time MBA is a 60-credit general degree with fall and spring intakes, and students have 2 to 6 years to finish. Dual degrees pair the MBA with an MD, JD, MFA or MPA, among others. The page also lists a one-year, 54-credit MBA at Stern's Abu Dhabi campus with a summer term in New York, and an online Master's in Management that is part-time, runs 20 months and may transfer into the Part-time MBA.

New York University is a private nonprofit university in New York City. About 88% of students graduate, and the school admits 9% of applicants, so admission is highly selective. The program earns a Program Score of 96.7 out of 100, which is the basis of its ranking. The range of formats suits applicants choosing between a full-time immersion, a focused one-year specialty, or part-time study alongside work.

View New York University's MBA Program →

Brown University

Providence, RI · Nonprofit

96.7 Program Score
Grad rate
96%
Admit rate
5%
Tuition
Varies by program

Brown University's online Master of Management runs 16 months and eight courses (32 credits) with only one optional three-day in-person session.

  • 96% graduation rate
  • Program Score 96.7
  • 16 months, 32 credits
  • Online with optional 3-day session

Brown University's page describes an online Master of Management (MiM), a 16-month program built from eight courses worth 32 credits. It is offered online with one optional three-day in-person session, and students can enter in the spring or fall. The curriculum covers strategic leadership, business and data analytics, financial management, marketing, entrepreneurship, ethics and social responsibility. Brown frames the degree around technology-aided, data-informed, human-directed and ethical management, and it is designed for early-career professionals who want to build a business framework on top of an undergraduate foundation. The page lists early action, priority and final application deadlines for each term and invites prospects to attend an information session or speak with an advisor.

The Program Score of 96.7 out of 100 is the basis of this program's ranking. Brown graduates 96% of its students and admits only 5% of applicants, making it one of the most selective schools in the country. The program fits recent graduates and early-career professionals who want management fundamentals in an online format that keeps them in their current job and location.

View Brown University's MBA Program →

University of California-Irvine

Irvine, CA · Public

96.3 Program Score
Grad rate
87%
Admit rate
29%
Tuition
Varies by program

University of California-Irvine's full-time MBA is a two-year program requiring a minimum of 92 units, with a concentration in Analytics in Digital Leadership.

  • 87% graduation rate
  • Program Score 96.3
  • Two-year, 92-unit full-time MBA
  • Analytics in Digital Leadership concentration

The Full-Time MBA at the Paul Merage School of Business, University of California-Irvine, is a two-year program designed to prepare students for a digitally driven world. The school says it is ranked among the top 5% of business schools worldwide. The degree requires at least 92 units and a 3.0 GPA in the core curriculum and overall: ten required Common Core courses totaling 40 units and 52 units of electives chosen to fit career goals. The first year builds business foundations, and the second year is for electives. Experiential learning, a global residential, internships and workshops are part of the design. Students may pursue a concentration in Analytics in Digital Leadership, which takes four concentration electives plus the required MGMTMBA 270. A thesis is not required. Admission weighs transcripts, work experience, essays and references, with applications accepted on a rolling basis and a final deadline typically around April 1.

Federal data show an 87% graduation rate at UC Irvine and a 29% admit rate. The program earns a Program Score of 96.3 out of 100, which is the basis of its ranking. It fits students who want a full-time, data-oriented MBA, including those with quantitative backgrounds in fields such as computer science, engineering or statistics.

View University of California-Irvine's MBA Program →

Georgetown University

Washington, DC · Nonprofit

96.2 Program Score
Grad rate
95%
Admit rate
13%
Tuition
Varies by program

Georgetown University offers its MBA as Full-time, Part-time and Flex Online tracks, with a Global Business Experience consulting course and a 220,000+ alumni network.

  • 95% graduation rate
  • Program Score 96.2
  • 13% admit rate
  • Full-time, Part-time and Online formats

Georgetown University's McDonough School of Business offers the Master of Business Administration in several formats: a Full-time MBA, a Part-time MBA available in person or online, and an Online MBA that combines virtual classes with two week-long residencies in Washington, D.C. The school says students can personalize their core courses, choose electives aligned with the future of work, and gain international experience through real-world consulting in the Global Business Experience. The curriculum puts early emphasis on leadership "power skills," ethical decision-making and AI fluency. Career support comes from the McDonough Career Center, which offers individualized coaching, recruitment events and treks. The school reports that 78% of its Full-time MBA class of 2025 received a job offer within three months of graduation, and it points to a global alumni network of more than 220,000 professionals. Admissions run in rounds, with several application deadlines each year.

Georgetown has a 95% graduation rate and admits 13% of applicants, so the program is highly selective. Its Program Score of 96.2 out of 100 is the basis of its ranking. The program fits applicants who want a choice among full-time, part-time and online formats, and who value a Washington, D.C. location with access to policy and industry leaders. Because admission is competitive, applicants should plan for the round-based deadlines and the application components the school lists.

View Georgetown University's MBA Program →

University of North Carolina at Chapel Hill

Chapel Hill, NC · Public · online option

96.1 Program Score
Grad rate
91%
Admit rate
15%
Tuition
Varies by program

Five MBA formats at University of North Carolina at Chapel Hill's Kenan-Flagler, from a 21-month full-time program to an online MBA, all STEM-designated.

  • 91% graduation rate
  • Program Score 96.1
  • Five MBA formats
  • Online MBA in 18 to 36 months

The MBA at University of North Carolina at Chapel Hill's Kenan-Flagler, the business school of the University of North Carolina at Chapel Hill, is offered in five formats: Full-Time, Online, Evening Executive, Weekend Executive and Charlotte Executive. The full-time program runs 21 months with daytime classes and an August start, and students average 5 years of work experience. The Online MBA is delivered live and on demand, runs 18 to 36 months and starts in January, April, July or October. The executive options run 21 to 24 months with evening or weekend classes, and their students average 9 to 12 years of work experience. The school describes all of its MBA programs as STEM-designated and says they share customizable coursework, leadership development and a dedicated career services team.

On the federal side, UNC Chapel Hill graduates 91% of its students and admits 15% of applicants. The program carries a Program Score of 96.1 out of 100, which is the basis of its ranking. Because the formats differ so much in pace, delivery and the experience of the typical student, the program fits early-career professionals who want a full-time immersion as well as experienced managers who need evenings, weekends or an online schedule. Applicants should expect selective admissions and should compare the formats on length and start dates before choosing one.

View University of North Carolina at Chapel Hill's MBA Program →

University of Illinois Urbana-Champaign

Champaign, IL · Public · online option

96.0 Program Score
Grad rate
85%
Admit rate
42%
Tuition
Varies by program

A 9-month, STEM-designated MS in Management that requires no prior business coursework.

  • Program Score 96
  • 85% graduation rate
  • 9 months to complete
  • No business background required

The University of Illinois Urbana-Champaign offers a Master of Science in Management through Gies College of Business, designed for students from any academic background, including psychology, communications, biology or engineering. The degree can be completed in 9 months, requires no prior business coursework and is STEM-designated. Learning is applied, with coursework across finance, marketing, operations and strategy that builds skills in analyzing business problems, working across functions, communicating with clients and leading projects. Students receive career coaching, resume and interview preparation, employer connections and professional development workshops starting early. The page lists roles such as business analyst, consultant, project manager and operations or strategy analyst. The program also offers a flexible pathway into the Gies iMBA.

Federal data show an 85% graduation rate at the university and a 42% admit rate. The program's Program Score is 96 out of 100, the basis of its ranking. It suits career-focused graduates from non-business majors who want a fast, one-year credential and a bridge into a later MBA, and who prefer applied projects to a long theory-heavy sequence.

View University of Illinois Urbana-Champaign's MBA Program →

Washington University in St Louis

St. Louis, MO · Nonprofit · online option

95.6 Program Score
Grad rate
94%
Admit rate
12%
Tuition
Varies by program

The Olin MBA requires 67 credit units and offers optional 12-credit specializations from fintech to consulting.

  • 94% graduation rate
  • Program Score 95.6
  • 67 credit units
  • Optional 12-credit specializations

Washington University in St. Louis lists a Full-Time MBA at Olin Business School that requires a minimum of 67 credit units: 25 credits of required core courses and at least 42 elective credits. Core courses include Financial Accounting, Data Analytics for Business Leaders, Managerial Economics, Marketing and Operations Management. Students may add one or more optional specializations of 12 unique credits each, including corporate finance, wealth and asset management, financial technology, consulting, brand and product management, marketing analytics and entrepreneurship. At least 58 credits must be taken in Olin MBA courses, and up to 9 credits may come from another AACSB-accredited program under conditions the bulletin sets. Approved semester-long international exchange study is also allowed. Elective options in the specializations include Private Equity Methods, Options and Futures, ESG Investing and AI Driven Customer Analytics.

WashU reports a 94% graduation rate and a 12% admit rate. The Program Score is 95.6 out of 100, the basis of this program's ranking. The degree fits students who want a full-time, credit-heavy MBA with room to build a specialty through electives, and who expect a selective admissions process.

View Washington University in St Louis's MBA Program →

Boston University

Boston, MA · Nonprofit

95.4 Program Score
Grad rate
89%
Admit rate
11%
Tuition
Varies by program

Boston University offers the MBA in full-time (64 units), part-time (55 units) and online formats, with a Health Sector Management major available.

  • 89% graduation rate
  • Program Score 95.4
  • Full-time, part-time and online formats
  • 64-unit full-time curriculum

Boston University's Master of Business Administration at the Questrom School of Business comes in three formats: Full-Time, Part-Time and Online. Most students earn a major in Business Administration, while Full-Time and Part-Time students may instead pursue Health Sector Management, Management Science or Social Impact, and Full-Time students may add a dual degree with the MS in Digital Technology. The Full-Time General Management curriculum is 64 units, typically completed in two years, with a core in financial reporting, marketing, operations, analytics and strategy, plus a required Action Learning elective and eleven additional electives. The Part-Time curriculum is 55 units, with 31 units of core and 24 of electives, typically finished in three years and no later than six years after matriculation.

Boston University graduates 89% of its students and admits 11% of applicants. The Program Score is 95.4 out of 100, which is the basis of its ranking. The format choices suit both people who can study full time for two years and working professionals who need an evening-style part-time path, and the optional majors suit those with a health sector or social impact focus.

View Boston University's MBA Program →

Vanderbilt University

Nashville, TN · Nonprofit

95.4 Program Score
Grad rate
94%
Admit rate
6%
Tuition
Varies by program

Vanderbilt University's two-year, full-time Master of Business Administration reports that 99% of students who sought a first-year internship accepted an offer.

  • 94% graduation rate
  • Program Score 95.4
  • 6% admit rate
  • 99% accepted a first-year internship offer

Vanderbilt University's Owen Graduate School of Management offers a full-time, in-person Master of Business Administration in Nashville that takes two years. Students complete a core and career-focused electives before internships, and can add concentrations and specializations to tailor the degree. The school reports that more than 500 companies have recruiting relationships with Owen, that 99% of Class of 2027 students who sought an internship accepted an offer during their first year, and that 79% of the Class of 2025 said the school's network and resources connected them to their full-time offer. Students can join any of 36 professional and special interest clubs. The school emphasizes a collaborative community and individualized career support, and offers an Insider's Guide to Admissions for prospective applicants.

Vanderbilt graduates 94% of its students and admits 6% of applicants. The program earns a Program Score of 95.4 out of 100, which is the basis of its ranking. It fits applicants who can commit to two years of full-time study in person and who are aiming for a highly selective, recruiting-driven MBA experience.

View Vanderbilt University's MBA Program →

Columbia University in the City of New York

New York, NY · Nonprofit

95.3 Program Score
Grad rate
96%
Admit rate
4%
Tuition
Varies by program

Columbia University in the City of New York's Business School's MBA is offered as a two-year full-time program, a part-time executive program and dual or joint degrees, with 26 Executives in Residence.

  • 96% graduation rate
  • Program Score 95.3
  • Full-time, executive and dual-degree MBA options
  • 52,000+ alumni, per the school

The Columbia MBA at Columbia Business School is offered as a two-year full-time degree, a part-time executive MBA, and dual or joint MBA programs. The school describes a curriculum that builds a foundation across business fields while offering depth in specific industries. Students connect classroom work to internships and externships in finance, investing, marketing, data analytics and product development. The page reports 150 full-time faculty, more than 20 Executives in Residence and over 100 adjunct faculty practitioners, along with a global alumni network of more than 52,000. Students come from 90 countries, and a Career Management Center supports internship and full-time job searches.

Columbia graduates 96% of its students and admits 4% of applicants. The program's Program Score is 95.3 out of 100, which is the basis of its ranking. The program fits applicants who want an MBA rooted in New York City, with a choice between a full-time schedule and a part-time executive route, and who plan to use practitioner faculty and the alumni network to move into finance, consulting or other industries.

View Columbia University in the City of New York's MBA Program →

University of California-Berkeley

Berkeley, CA · Public

95.2 Program Score
Grad rate
93%
Admit rate
11%
Tuition
Varies by program

The Berkeley Haas Full-time MBA offers four concurrent degrees and three built-in certificates, including Business Analytics and Sustainable Business.

  • 93% graduation rate
  • Program Score 95.2
  • Four concurrent degree options
  • Three built-in certificates

The Berkeley Haas Full-time MBA offers a general management curriculum aimed at leaders in any type of organization. The program says its faculty are recognized for research and thought leadership, and that its career services help students reach jobs at selective firms. Students can add one of four concurrent degrees: an MBA/MPH in public health, an MBA/MCS in climate solutions, an MBA/MEng combining business administration and engineering, or a JD/MBA in law. Three certificates can be earned through elective courses: the Interdisciplinary Graduate Certificate in Real Estate, the Certificate in Business Analytics and the Michaels Graduate Certificate in Sustainable Business. Students may also complete graduate certificates from other departments, such as the interdisciplinary Graduate Certificate in Food Systems. The program admits for fall only and lists its defining principles as Question the Status Quo, Confidence Without Attitude, Students Always and Beyond Yourself.

Federal data show a 93% graduation rate at University of California-Berkeley and an 11% admit rate, which makes admission highly selective. The program earns a Program Score of 95.2 out of 100, which is the basis of its ranking. It fits full-time students who want a general management MBA with the option to pair business with public health, climate, engineering or law.

View University of California-Berkeley's MBA Program →

Auburn University

Auburn, AL · Public · online option

95.1 Program Score
Grad rate
82%
Admit rate
46%
Tuition
Varies by program

Auburn University's Harbert MBA comes in full-time (17 months), online (31-month average), executive (21 months) and physicians executive formats, and the college holds AACSB accreditation.

  • Program Score 95.1
  • 82% graduation rate
  • Full-time, online and executive formats
  • No GMAT for online MBA

Auburn University's Harbert College of Business offers several MBA formats that all lead to the same degree. The Full-Time MBA is an on-campus, cohort-based program of 17 months aimed at career starters, with two years of career experience preferred. The Online MBA is self-paced, averages 31 months to complete within a six-year window, and requires no GMAT. The Executive MBA blends online study with short residencies and travel study over 21 months, and expects eight or more years of experience. A Physicians Executive MBA serves practicing doctors. Students can add dual degrees in finance, information systems, industrial and systems engineering or supply chain management, plus graduate certificates such as business analytics and AI or cybersecurity management. The school reports AACSB accreditation.

The Program Score is 95.1 out of 100, which is the basis of this program's ranking. Auburn graduates 82% of its students overall and admits 46% of applicants. The range of formats makes the MBA a fit for several kinds of students: early-career applicants who can study full time, working professionals who need an online schedule, and senior managers or physicians who want a cohort with residencies.

View Auburn University's MBA Program →

Boston College

Chestnut Hill, MA · Nonprofit

94.9 Program Score
Grad rate
91%
Admit rate
16%
Tuition
Varies by program

A Carroll School MBA offered full time over two years or part time in about three, with a data analytics sequence for all students.

  • 91% graduation rate
  • Program Score 94.9
  • Full-time or part-time
  • Data analytics sequence

The Boston College MBA from the Carroll School of Management comes in two pathways that lead to one degree. The Full-Time MBA is a two-year, on-campus program with small classes and elective choices that let students tailor the degree. The Part-Time MBA offers evening and online courses for people who keep working; students take two courses per semester on average and finish in about three years, and eligible candidates may earn advanced standing credit or waive some core courses. Every student takes the BC MBA data analytics sequence, designed so graduates can work with data across functions and industries. The page highlights experiential learning, diverse cohorts, and graduates working at employers such as Citi and Fidelity Investments.

Federal data show a 91% graduation rate and a 16% admit rate, so admission is highly selective. The program earned a Program Score of 94.9 out of 100, which is the basis of its ranking. It fits applicants who want a general management MBA with the choice of an immersive full-time schedule or a part-time route that fits around a job.

View Boston College's MBA Program →

Villanova University

Villanova, PA · Nonprofit

94.7 Program Score
Grad rate
92%
Admit rate
27%
Tuition
Varies by program

Villanova University's Professional MBA runs on campus, online or hybrid, with a Fast-Track option that finishes in as soon as 18 months.

  • 92% graduation rate
  • Program Score 94.7
  • Campus, online or hybrid
  • Fast-Track in as soon as 18 months

Villanova University's Professional MBA is based in the Philadelphia region and is designed for working professionals. The school says students can take classes on campus at Bartley Hall or at a Center City Philadelphia location, learn online through one-hour live sessions plus asynchronous assignments, or combine both in a hybrid format. A Fast-Track MBA, described as an accelerated hybrid program, can be completed in as soon as 18 months. The program page highlights leadership and analytics, and links to curriculum, professional development, admissions, specializations and global opportunities. Villanova also offers an Executive MBA and a JD/MBA as separate options. The page describes the Professional MBA as one of the highest-ranked MBA programs in Pennsylvania, which is the school's own claim.

Villanova reports a 92% graduation rate and a 27% admit rate, so admission is selective. The program earns a Program Score of 94.7 out of 100, which is the basis of its ranking. It fits professionals in the Philadelphia area who want a choice of campus, online or hybrid delivery, and anyone who wants the option of finishing faster through the Fast-Track route.

View Villanova University's MBA Program →

Graduation Rates at the Ranked MBA Programs

The median school on this list graduates 93% of its students. The highest rates belong to University of Pennsylvania (97%) and Duke University (97%). The school with the highest rate is also ranked #1.

93% Median graduation rate across 23 schools
97% Highest on the list University of Pennsylvania
23 Graduate 80% or more of 23 schools
  1. #1 University of Pennsylvania97% graduation rate
  2. #6 Duke University97% graduation rate
  3. #5 Yale University96% graduation rate

Institution-wide graduation rates reported to IPEDS. They describe the whole school, not this program alone.

How Selective Are the MBA Programs?

On this list, 23 schools admit fewer than half of applicants, the most selective being Yale University at 4%.

11% Median admit rate across 23 schools
4% Most selective Yale University
  • Admit under 25% 17
  • 25% to 49% 6
  1. #5 Yale University4% admitted
  2. #19 Columbia University in the City of New York4% admitted
  3. #1 University of Pennsylvania5% admitted

Institution-wide admit rates for first-time applicants, reported to IPEDS. Open-admission schools do not report one.

Public and Private MBA Programs

This list holds 9 public and 14 private nonprofit schools. Their median Program Scores: 96.3 public and 96.5 private nonprofit.

9 Public highest ranked: #2 The University of Texas at Austin
14 Private nonprofit highest ranked: #1 University of Pennsylvania

Control (public, private nonprofit, for-profit) as reported to IPEDS. Public schools usually charge residents less; private schools charge everyone the same rate.

Where the MBA Programs Are

The 23 ranked schools are spread across 15 states. California (3), Massachusetts (3), and New York (3) have the most.

15 States represented 23 schools
  • California 3
  • Massachusetts 3
  • New York 3
  • North Carolina 2
  • Pennsylvania 2
  • Alabama 1

Main campus state as reported to IPEDS.

Campus Size Across the MBA Programs

Enrollment on this list runs from 10,041 at Villanova University to 59,238 at University of Illinois Urbana-Champaign. Of the 23, 15 enroll 20,000 students or more.

32,438 Median enrollment students, whole institution
59,238 Largest University of Illinois Urbana-Champaign
10,041 Smallest Villanova University

Total institution enrollment reported to IPEDS, all levels and programs.

What Graduates of the MBA Programs Earn

Graduates of Penn earn the most four years after finishing, a median of $272,321; the lowest figure here is $137,404 at Florida.

Penn leads on both counts: the top rank among these schools and the highest graduate pay.

College Scorecard, October 2026 release. Earnings cover each school's programs in this field at this degree level.

What MBA Programs Cost, and the Real ROI

The 23 ranked MBA programs split into nine public universities and fourteen private nonprofit institutions, and both groups land graduates in the same national job market. That split should shape how a prospective student picks a program: paying private-school tuition only makes sense if a specific school offers something a public option cannot, whether that is a concentration, a network, or a placement record tuition data alone will not show.

Run the numbers against the national picture. The Bureau of Labor Statistics puts the median annual wage for management occupations, the field most MBA graduates enter, at $105,770 nationally. That figure does not say what a specific school's own graduates earn; it is a shared benchmark for weighing what each program costs.

The pattern holds across the public options: the University of Texas at Austin, the University of Georgia, the University of North Carolina at Chapel Hill, and Auburn University all post Program Scores of 95 or higher. A public MBA is not automatically the better financial decision, since scholarships, employer tuition assistance, and program-specific placement outcomes can close the gap, but it is worth pricing a public option before assuming a private one is the only route to a strong finish.

Licensure and Certification After the MBA

MBA programs do not lead to a licensure exam the way a nursing or accounting degree does. No national board licenses MBA graduates to practice management, and there is no pass rate to report for the degree itself. What an MBA does is prepare graduates for roles and, often, for further credentials that do carry an exam: a Certified Public Accountant license for graduates who concentrate in accounting, a Chartered Financial Analyst charter for finance-track graduates, a Project Management Professional certification for operations-focused graduates. None of those exams are administered by the business school; they sit with separate professional bodies and are optional add-ons, not requirements of the MBA itself.

Because there is no single licensure outcome to measure, the closest thing to a quality signal here is program-level accreditation, covered next, plus the graduation rate and selectivity data used to build the Program Score. A program that graduates 97% of its MBA students, as University of Pennsylvania and Duke University both do in this ranking, is telling a prospective student something concrete about the odds of finishing, even without an exam pass rate attached.

Why AACSB Accreditation Matters

The accreditation that matters most for MBA programs comes from AACSB, the Association to Advance Collegiate Schools of Business. AACSB accreditation requires a business school to submit to periodic peer review of its faculty qualifications, curriculum, and student outcomes, and it is the accreditor employers and other business schools most often check for when evaluating a degree. A school can still grant a legitimate MBA without it, but an AACSB accredited program carries a level of external verification an unaccredited program cannot claim.

AACSB accreditation status is not one of the four inputs to the Program Score used to build this ranking, since that data does not flow through IPEDS. The schools that make up this list, including Wharton at the University of Pennsylvania, UCLA Anderson, Duke's Fuqua School, and the flagship business schools at Florida, Texas, and Georgia, are the type of long-established business schools that AACSB accreditation was designed to recognize. A reader should still confirm accreditation status directly with any specific business school before enrolling, since status can change and plenty of legitimate MBA programs nationally still operate without it.

MBA vs. Other Business Degrees

Business schools grant several credentials besides the MBA: a Bachelor of Business Administration for undergraduates, specialized master's degrees in fields like finance or business analytics, and a PhD for students headed into academic research. This ranking focuses specifically on the MBA because it occupies a distinct spot in that lineup: it is a graduate-level, generalist management credential built for people who already have work experience, unlike a bachelor's degree, and it is applied rather than research-focused, unlike a PhD.

The 23 schools ranked here all report graduation rate and cost data at the graduate level through IPEDS, which is what makes an apples-to-apples comparison possible. Graduation rates in this set run from 82% at Auburn University to 97% at both University of Pennsylvania and Duke University, a 15-point spread that is easier to read at the MBA level specifically than it would be blended together with unrelated bachelor's or PhD completion data from the same schools.

Online and Accelerated MBA Programs

Every school in this top-23 list also has to serve students who cannot relocate or leave a job for two years, and most MBA programs at these schools offer some kind of online or hybrid option alongside the full-time residential track. An online MBA from an AACSB accredited business school carries the same accreditation status as that school's on-campus MBA, since accreditation applies to the business school and its degree programs, not to the delivery format.

Accelerated formats compress the standard two-year MBA timeline, often by running year-round instead of on an academic calendar, and they suit candidates who have already cleared prerequisite coursework or who are switching functions rather than industries. The tradeoff is intensity: the same credit load lands in less calendar time, which works better for a candidate with employer support or savings set aside than for one planning to work full-time through the entire program. Prospective students should ask any specific program directly which format, online, hybrid, accelerated, or full-time residential, the tuition and graduation rate figures used in these rankings actually reflect, since a school can report different completion numbers for each format.

6 Offer an online option of 23 ranked
  1. #3 University of FloridaGainesville, FL
  2. #9 Tufts UniversityMedford, MA
  3. #14 University of North Carolina at Chapel HillChapel Hill, NC
  4. #15 University of Illinois Urbana-ChampaignChampaign, IL
  5. #16 Washington University in St LouisSt. Louis, MO
  6. #21 Auburn UniversityAuburn, AL

Based on each school reporting distance-education offerings to IPEDS. Whether this specific degree is fully online varies, so confirm the format with the school.

MBA Salary and Job Outlook

The Bureau of Labor Statistics tracks management occupations as a category, and the national median annual wage across that category is $105,770, the same figure that applies regardless of which MBA program a graduate attended. That figure is national context, not a school-specific outcome; none of the MBA programs in this ranking report a different number for their own graduates in the IPEDS data used here.

For the narrower slice of top executive roles, the kind of general-management positions an MBA is built to prepare graduates for, BLS maintains a separate outlook covering hiring demand and required background. Combined with OEWS wage tables that break salary down by detailed occupation and geography, that BLS data is the standard public source for understanding what a Master of Business Administration is worth in the labor market, independent of any individual business school's own claims.

None of the 23 MBA programs ranked here report a school-specific starting salary in the IPEDS data used to build the Program Score, which is why this ranking leans on graduation rate, selectivity, and cost instead of a placement number that varies by how each school chooses to define and report it. A reader who wants program-level salary data should ask the specific business school directly, and treat the $105,770 national figure as a floor for comparison, not a promise.

Best MBA Programs by State

Prefer a state-by-state view? We rank MBA Programs in 3 states and the District of Columbia, each grounded in that state's real, accredited programs.

Keep Exploring

MBA Programs: Your Questions, Answered

How long does it take to complete an MBA?
Most full-time MBA programs run two years, though several schools in this ranking also offer accelerated formats that compress the same coursework into a shorter calendar span. Part-time and online formats typically stretch three to five years since students take fewer courses per term. Program length affects total cost more than it affects graduation odds; among the 23 ranked schools here, graduation rate ranges from 82% to 97% regardless of format. Confirm the exact timeline with each business school before applying, since IPEDS reports completion rate, not calendar length.
How much do MBA programs cost?
It depends heavily on public versus private status. Of the 23 best MBA programs ranked here, nine are public and fourteen are private nonprofit, and the public programs generally charge far less in-state than the private ones. Out-of-state and international students should expect tuition closer to the private-school range even at public schools, since in-state discounts are tied to residency, not to the program itself. Check each school's current published tuition before applying.
Is an online MBA program respected by employers?
An online MBA from an AACSB accredited business school carries the same accreditation as that school's on-campus MBA, since AACSB accredits the institution and program, not the delivery format. Employers generally weigh the school's name and accreditation status over whether a specific degree was earned online or on campus. The gap that matters more is program-specific: an online MBA from one of the AACSB accredited schools in this ranking is a different proposition than one from an unaccredited provider, so checking accreditation status directly at AACSB's site before enrolling is worth the effort.
What is considered a good graduation rate for an MBA program?
Among the 23 best MBA programs in this ranking, graduation rate runs from 82% at Auburn University to 97% at both University of Pennsylvania and Duke University, with an average of 92% across the full set. A rate above 90% suggests a program supports students well enough that most who start actually finish; a rate meaningfully below that average is worth asking a program to explain. Graduation rate is one of four inputs to the Program Score used to build this ranking, alongside selectivity, cost, and outcomes data drawn from IPEDS.
Do MBA programs require the GMAT or GRE?
Most business schools still ask for a GMAT or GRE score as part of the application, though a growing share of business schools waive the requirement for applicants with several years of relevant work experience or an existing graduate degree. Requirements vary by school and sometimes by applicant profile, so the only reliable way to confirm whether a specific program on this list requires a test is to check that business school's admissions page directly; test-score data is not part of the IPEDS figures used to build the Program Score here.

Data Sources