Best 5 Universities to Major in Business Administration in the US
The United States of America is the fourth biggest country in the world, with a population of more than 320 hundred million documented citizens. This means America has many things to offer to the people who live, work, study and visit it. If we are to look at a common place where these actions happen in our life, it is easy to spot education institutions, especially higher education institutions. Then the question comes to mind: How am I going to pick the right university for my major? On the downside there is no definite answer to this question. What you might be looking for can be quite different from another person’s needs. But, if we are to think liberally enough, we can see that this downside also becomes the bright side. The need to find the best school perishes, and we can pick from a number of amazing schools that can enable us to have the career that we dream of. For this reason, places of the best universities with business administration programs might be different for you. But surely enough no one can deny their quality of education. With that said, let’s take a look at our best five universities that we listed without any particular numerical order.
University of Pennsylvania
Continuously being ranked in top 5 universities to major in business related fields, University of Pennsylvania is an excellent choice for students. Known also as UPenn, University of Pennsylvania is a very large private not-for-profit university located in the city of Philadelphia. Upenn’s business school is called the Wharton School, and many of the most influential business leaders in the world have graduated from here. As also mentioned in the university’s page “The value of an MBA in today’s market can be hard to calculate, but the greatest value of a Wharton MBA is the network you inherit. As a Wharton MBA, you immediately add 100,000 Alumni to your personal network, a network that is constantly networking, mentoring, and learning.”
University of Michigan
Founded in 1817 and located in the mid-sized city of Ann Arbor, University of Michigan is a public university with a very large student population that doesn’t need any introduction. According to university’s records, 99% of the 2022 graduates received job offers three months after graduation while 98.4% of the graduates accepted jobs within three months of graduation. These graduates landed a $165,000 median salary.[1] Regardless of your creative or numerical skills University of Michigan’s College of Business has a program for you. With these in mind, it’s clear that It’s extremely hard not to consider University of Michigan – Ann Arbor if you want to pursue a bachelor’s degree in business administration and management.
University of California – Berkeley
University of California at Berkeley offers one of the best bachelor degrees in business administrations. This being the case, it also offers one of the most competitive programs. And yet, this public university has a very large student population. If you become one the university’s business administration undergraduates, Haas School of Business, the second oldest business school in America, will be your home. According to Fortune, The median base salary for UC Berkeley’s class of 2022 was $155,000. By comparison, the median base salary for all MBA graduates is $115,000. And That’s a nearly 30% premium for attending a top business school.[2] Being among the top 15 universities in the world lists, University of California-Berkeley definitely has a place in this list too.
The Massachusetts Institute of Technology
Massachusetts Institute of Technology (MIT) persistently finds a place to itself in overall QS World University Rankings and manages to be in top five. MIT’s Sloan School of Management embraces “mens et manus”, which means “mind and hand” to emphasize the necessity of finding a practical solution to the problems we face in our lives. Their programs emphasize hands-on, practical knowledge which offer a tailored curriculum for each student’s interests. With this mindset, even MIT’s graduate student organizations have a global focus, with business clubs for nations around the world. According to Fortune, in 2021, nearly half of MIT’s MBA class was able to get 200 thousand dollars at their first job.[3] Although the university is known for its engineering, math and science departments, it is clear that MIT is a strong candidate when it comes to business related fields too.
New York University
New York University was founded as a private institution in 1831, and together with its Stern School of Business, which was founded in 1900 as the School of Commerce, Accounts and Finance, the institution is regarded as one of the elite private schools of America. Benefiting greatly from being located at the heart of one of the world’s great capitals of commerce, the Stern School promotes original thinking and encourages experimentation and creativity. New York University is ranked 25 in the National Universities list while its business program ranks 5 in 2022-2023 surveys.[4] According to the research, Stern’s MBA grads made more than 225 thousand dollars after they graduate in 2021.[5] Stern is also known for creating highly desired and employable graduates. Knowing that nearly 90% of its graduates were able to find a job after they graduated surely makes NYU a perfect fit for this list.
[1] https://michiganross.umich.edu/news/just-michigan-ross-full-time-class-2022-sets-records-offers-acceptance-rates-and-median-salary#:~:text=In%20fact%2C%20the%20Michigan%20Ross,landed%20a%20%24165%2C000%20median%20salary.
[2] https://fortune.com/education/business/articles/2022/10/28/uc-berkeley-mbas-are-landing-185k-plus-pay-packages-right-after-graduation/#:~:text=The%20median%20base%20salary%20for,attending%20a%20top%20business%20school.
[3] https://fortune.com/education/business/articles/2021/12/08/nearly-half-of-mits-2021-mba-class-hauled-in-200k-starting-pay-packages/
[4] https://www.usnews.com/best-colleges/nyu-2785
[5] https://fortune.com/education/business/articles/2021/10/18/these-nyu-stern-mba-grads-make-more-than-225k-after-graduation/