Perks, Costs, and More Requisites for Your Degree From Top MBA Programs

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Choosing to get a master’s of business administration is an important decision in life, but equally important is choosing the right school to earn it at. With so many options, how can you pick out the best ones? Well, you don’t have to, thanks to this handy list compiled by the experts at College Choice. We’ve included perks, costs, credit hour requirements and other requisites for earning your MBA from these outstanding institutions.

#1: University of Pennsylvania

This private, Ivy League institution is regionally accredited by the Middle States Commission on Higher Education (MSCHE) and its Wharton School of Business is independently accredited by the Association to Advance Collegiate Schools of Business (AACSB) International. Wharton offers 19 majors and dozens of concentrations to its students. If a student’s desired area of focus is not offered as a standard course of learning, the student may design their own curriculum to better suit their needs. Tuition costs $31,068 for the 19 credit-hour program.

#2: Harvard University

Also a private, ivy-league school, Harvard is regionally accredited by the New England Association of Schools and Colleges (NEASC). Fewer than five percent of applicants are accepted to the university, and its MBA is one of its most popular programs. Harvard consistently appears in the top ten rankings of business schools. An MBA from this prestigious school costs $41,832 and requires the completion of 45 credit hours.

#3: University of California at Berkley

UC Berkley is regionally accredited by the Western Association of Schools and Colleges Senior College and University Commission (WASC SCUC) and its Haas School of Business is accredited by the AACSB International. Haas emphasizes international business study to prepare students for the modern global economy, and firsthand experiences are required in order to earn the MBA. This immersion requirement is a major contributing factor to the quality of education offered by this school. The 56 credit-hour MBA comes with a tuition of $26,322.

#4: Stanford University

Accredited by WASC SCUC, the MBA at Stanford offers students personalized curricula. The first year of coursework consists of general classes in management and global experience. Beyond that, students are encouraged to expand their education by enrolling in complementary courses in other Stanford schools, or even earn dual degrees. Stanford emphasizes firsthand exposure to the environment of globalized business and requires at least one immersion trip. The MBA requires 39 completed credit hours and carries a price tag of $45,729.

#5: Northwestern University

Northwestern holds regional accreditation from the Higher Learning Commission for the North Central Association of Colleges and Schools (NCACS THLC). It is home to the renowned Kellogg School of Management, notable not in the least for the high ratio of female graduates it produces. Kellogg emphasizes experiential learning through examining and solving real-world problem scenarios for real clients. One and two-year MBA degrees are offered, along with the option for specialized dual degrees, one combined with a juris doctorate and another in medical management. To graduate, students must earn 60 credit hours and complete a final project. Tuition costs $48,624.

#6: University of Chicago

The University of Chicago, regionally accredited by the NCACS THLC, is home to the Booth School of Business. The school’s faculty is made up of current professionals, so students are sure to get real-world value for their tuition. The MBA offers14 concentrations, one of which must be chosen, within a flexible curriculum that includes lab courses and experiential learning. The integrative learning method gives students experience finding solutions for real problems, while the international programs let them develop hands-on expertise in modern globalized business. Tuition runs $51,624 and covers 60 credit hours.

#7: Yale University

Yale is regionally accredited by the NEASC. Its business school faculty is composed of experienced businessmen and women with years of experience from all across the globe. The school and its teachers emphasize integrated learning, in which students master the basics before moving on to more complex material. They then put what they’ve learned to work through raw cases, which are presented by professors and enhanced with interviews from actors. This method realistically portrays the nature of the business world, helping students prepare for the environment they will work in after graduating. Yale’s tuition runs $38,700, and its MBA requires 72 quarter credits and a final project.

#8: University of Virginia

UVA is regionally accredited by SACS COC, and its Darden School of Business is independently accredited by the International Assembly for Collegiate Business Education (IACBE). Darden students participate in consulting projects as well as immersion opportunities to help them gain experience in the global business environment. The MBA emphasizes the Case Method, wherein students learn by applying concepts to realistic case studies presented by professors and actors. Tuition costs $24,316 and the degree requires 36 credit hours.

#9: Massachusetts Institute of Technology

MIT, regionally accredited by the NEASC, is home to the distinguished Sloan School of Management, which is accredited by the AACSB. Sloan offers various educational tracks to students, which help them become experts in their chosen field; however, choosing a track is not required. The MBA is divided into three segments: core classes, electives that determine a track, and an Innovation Period in which the student demonstrates the knowledge they’ve acquired through their core and elective courses each semester. This degree requires 60 credit hours and costs $65,446. These prestigious institutions offer high-quality and innovative educations. Their experiences in these halls prepare students for a lifetime of success in the world’s modern business environment.