Financial Times, Businessweek, The Economist, and Poets & Quants have all produced great GMAT MBA college rankings (for full-time MBA, executive MBA, part-time MBA, and specialized MBA rankings). We didn’t want to put old wine in a fresh bottle since we didn’t want to waste money. Rather, we will focus on the top 10 institutes of MBA including eligibility, cost, scholarship, etc that one should focus on. You can check out colleges for MBA in the UK, USA, and other countries.
The MBA is a postgraduate degree in business administration and the Crystal Ball Business School Ranking does not consider the world’s largest or best business school (based on the quality of teaching or diversity of the class profile). It’s also not about the top post-MBA wages, average GMAT scores, or even the precise degrees they award (MBA, MPhil, MFE, Ph.D.). Others might have answered those questions. At MBA Crystal Ball, we’re curious about the answer to another question: which business schools throughout the world are the most popular?
MBA School Rankings based on the GMAT
For the purposes of this GMAT college ranking, we define ‘popularity’ as the level of interest demonstrated by prospective students, employers, professors, and other stakeholders in the b school’s online ‘assets,’ principally its website and social media presence (limited for now to Facebook, Twitter, and LinkedIn).
The methodology we use to rate business schools is fairly straightforward. We’ve assumed, as in a democratic election, that people have already cast their votes for the most popular b schools. We just used publicly available data to get an impression of the level of public interest in these business schools. There are other scholarships that you can get if you are targeting MiM in the USA.
That is to say, there will be no surveys, questionnaires, subjective or philosophical questions to answer, or sample size restrictions. We are relying on the aggregate intelligence and interest of hundreds of thousands of people who have voted with their mouse clicks. If you are planning to pursue MiM in the UK, choose the best one for you rather than limiting ourselves to a few thousand participants.
There are a number of factors to examine, including general website traffic as well as different parameters (following, likes, interactions, and online activity) specific to each social networking site. The overall b school rankings are then calculated using a special algorithm (which includes weights, modifications, and penalties). Let us look at the top 10 MBA schools below.
- Harvard Business School
- IMD Switzerland
- Stanford Univ GSB
- Hong Kong UST (HKUST)
- Univ of Virginia – Darden
- MIT Sloan School of Management
- Univ of California at Berkeley – Haas
- London Business School
- Univ of Pennsylvania – Wharton
- IE Business School
Eligibility Criteria
Here are the essential prerequisites and documentation you must assure when obtaining an MBA from some of the greatest MBA programs in the world:
- IELTS/TOEFL/PTE are the English proficiency test that is required
- Despite the fact that the GMAT is a requirement for an MBA, a large number of B-schools also accept GRE scores for admission.
- A bachelor’s degree from a known university.
- Work experience of at least 2-3 years
- LORs, transcripts, and a current CV/Resume are all required.
- MBA Statement of Purpose
MBA Scholarships
1. Merit-based Scholarships
Several students are eligible for these highly competitive scholarships. These scholarships frequently consider GMAT and GRE results. These scholarships can be awarded by both internal and external organizations.
2. Scholarships for women and people of color
These scholarships are for specific genders and varied groups, as the name implies. The primary goal of this scholarship is to encourage gender diversity and the inclusion of underrepresented groups in their class.
3. Scholarships based on financial need
These scholarships are only known to be offered by a few schools. It primarily addresses the requirements of a candidate. Before giving this scholarship, the candidate’s income and assets are taken into account.
4. Scholarships provided by foreign organizations
These scholarships are provided by outside organizations. Furthermore, most companies that hire MBA graduates or non-governmental organizations (NGOs) provide MBA applicants scholarships. There are some b schools that don’t require GMAT. For them you can get these kind of scholarships.
Getting a Scholarship: Some Pointers to keep in mind
- Check the university’s website for scholarship criteria.
- Emphasize projects completed, certifications, and other achievements.
- Prepare a comprehensive presentation strategy for your resume.
Final thoughts on the world’s greatest business schools
- According to worldwide statistics, the United States leads the world in business education. Are you taken aback?
- The many variables taken into account can have a big impact on international business rankings.
- A few universities consistently rank at the top of various rankings: Harvard, Stanford, and Penn State appear to be the front-runners.
- Any of the universities listed above are likely to be a good fit for you. However, the most important factor in deciding is determining which university best meets your needs and objectives.
- If the United States is too far away, you might want to look at the best business schools in Europe. There’s no need to stress!
- Even if you do not plan to attend one of these elite business schools, you can still become a successful company executive. It is entirely up to you to do your absolute best.
Author Bio
Author Bio: Abhyank Srinet is a passionate digital entrepreneur who holds a Masters in Management degree from ESCP Europe. He started his first company while he was still studying at ESCP, and managed to scale it up by 400% in just 2 years.
Being a B-School Alumni, he recognized the need for a one-stop solution for B-School to get in touch with schools and get their application queries resolved. This prompted him to create MiM-Essay, a one-of-a-kind portal with cutting-edge profile evaluation and school selection algorithms, along with several avenues to stay informed about the latest B-School Updates.