40 Best Business Schools in the World for 2024

Published on April 22, 2024 at 11:25 am by Faiq Zafar in Business, Industries, Lists, News

In this article, we shall discuss the 40 best business schools in the world for 2024. To skip our detailed analysis of the global edtech sector in 2024, go directly and see 10 Best Business Schools in the World for 2024.

The Global EdTech Industry: Major Trends

For most higher-education students from the best business schools in the world, the onset of the COVID-19 pandemic forced a global shift to online modes of learning instantaneously beginning from Spring 2020. In order to supplement video lectures and engage with students in a virtual setting, educators adopted technologies that facilitated greater interactivity and hybrid models of online and in-person activities. An unexpected outcome of this shift has been witnessed in a post-pandemic environment, where these tools have altered learning, teaching, and assessment in the top 10 MBA colleges in the world in ways which have outlasted the pandemic and investors are more than aware of this. In a bid to capitalize on these tailwinds, they have ramped up investments in major edtech players, which have raised record amounts of venture capital in 2021 and 2022 and with market valuations for larger players like Chegg Inc. (NYSE:CHGG), Strategic Education Inc. (NASDAQ:STRA) and Boxlight Corporation (NASDAQ:BOXL) on the rise. To read more on players dominating the edtech industry, check out our coverage of the 20 Biggest EdTech Companies in the World.

In 2023, the global edtech market was valued at $222.4 billion and is projected to amount to $661.2 billion by 2032 at a staggering CAGR of 12.48%. According to the WEF, the industry is slated to see investments upward of $10 trillion over the next decade. The space is incredibly well-positioned to see 800 million K-12 graduates and 350 million post-secondary school graduates globally by 2030. Furthermore, the industry now comprises dozens of edtech ‘unicorn’ startups with valuations upward of more than $1 billion.

One of the primary trends affecting the edtech industry in 2024 is that capital inflows are at a record high. Owing to rapid technological innovation and enterprise digitization in the top 10 MBA colleges in the world, many major edtech players are continuously looking to upskill their workforce. Furthermore, broadband access has become much more affordable, and distance-education technologies have become advanced, especially in some of the best business schools in the world for 2024. These developments have facilitated the tailwinds which have upheld the edtech sector, causing venture capitalists to invest $20.8 billion in the edtech sector globally in 2022, more than forty times the amount they invested in 2010. And although public valuations have dipped, private players are still managing to attract investment at double-digit revenue multiples.

Secondly, in an attempt to offset the high costs of marketing and sales which tend to range from 20% to 60% of revenue in recent years, edtech companies are resorting to M&A transactions in a bid to acquire economies of scale. However, after companies enter into agreements, they tend to face significant challenges in integrating their operational capabilities to realize their promised potential. Furthermore, innovation in generative AI is ushering in a new era of education, with many edtech platforms now offering personalized and efficient learning experiences to some of the best business schools in the world for 2024. According to the WEF, AI in the education sector is well positioned to skyrocket, with projections predicting a global increase of $21 billion by 2028.

Lastly, edtech companies are increasingly prioritizing impact and outcomes, which are incredibly essential for building business endurance and driving effective learning in the best business schools in the world for 2024. Companies are becoming increasingly wary about acquiring outcomes data in order to assess what works for end-users. In K-12 education specifically, there is currently a lack of valuable data on product implementation and outcomes leading to districts attempting to integrate an average of 2591 edtech tools annually. Similarly, in workforce training, the United States spent more than $101.8 billion in 2023, without truly understanding the impact of investments.

Machine-Learning in Higher Education: An Overview

One major trend influencing the larger edtech industry is the fact that some of the best business schools in the world for 2024 are gravitating towards using data and analytics as a critical part of their processes, with edtech players like Chegg Inc. (NYSE:CHGG), Strategic Education Inc. (NASDAQ:STRA) and Boxlight Corporation (NASDAQ:BOXL) having to adapt to the changing educational landscape. Universities are now seeking data-backed solutions in a bid to identify better pain points in the student journey, inculcate efficient resource dispatchment and allocation, and are improving considerably upon student and faculty experience. Therefore, in order to meet these requirements, edtech companies are diverting greater investments to harness analytics to enhance program personalization and flexibility while improving overall retention rates by identifying students at risk of failure and offering tailored interventions to the top 10 MBA colleges in the world.

According to a report by McKinsey, advanced analytics solutions may aid many of the best business schools in the world for 2024 in uncovering deeper insights into their student populations and better navigate nuanced risks than they could achieve via diagnostic analytics, which depend on linear, rule-based approaches. In contrast, advanced analytics relies on algorithmic deductions such as gradient boosting and random forest to facilitate companies in addressing unrealized biases in existing strategies. For instance, machine-learning models could examine ten years of data to outline determinants which could further assist institutions in gauging a student’s risk of attrition more accurately. Once these students have been identified, proactive solutions can be deployed to intervene.

However, edtech companies like Chegg Inc. (NYSE:CHGG), Strategic Education Inc. (NASDAQ:STRA) and Boxlight Corporation (NASDAQ:BOXL) are also navigating certain risks whilst integrating advanced analytics and machine learning into their operations. Although risks tend to vary depending on institutions and the data included in the model, there is a general risk of inadvertently introducing biases informed by race, age, or gender. Furthermore, new models may also just build on inherent accidental biases in current methodologies at some of the top MBA colleges in the world. Although there is still a long way to go in order to realize the complete potential of machine-learning technologies in optimizing the operational efficacy, companies are ramping up investments to integrate such technologies into their services to provide the best business schools in the world for 2024 with optimal educational solutions.

pascal-bernardon-dLifkLvc5t8-unsplash

Our Methodology

To compile our list of the 40 best business schools in the world for 2024, we decided to rank business schools across the world according to three primary metrics, assigning an equal weightage to each metric: academic reputation (25 points), employability (25 points), alumni network and global reach (25 points), and student selectivity (25 points). First, we undertook a consensus-based approach across multiple credible sources (1, 2, 3, 4, 5) to shortlist the top business schools in the world.

To determine academic reputation of each school, we decided to look at the total number of citations obtained by each business school’s 2023 research publications. To determine employability, we decided to consult data from LinkedIn profiles of the 25 Most Admired Companies in 2023 to determine the top colleges they hired the most from. To determine the alumni network and global reach of each school, we scoured each school’s official website to consider the geographic spread of alumni, collaborations with international institutions, and alumni success stories. Finally, to gauge student selectivity, we looked at acceptance rates and the average applicant GPA at each school’s MBA program, using data by Menlo Coaching.

We created primary rankings for each metric by listing the top 50 schools in each of the four areas, namely academic reputation, employability, alumni network and global reach, and student selectivity. As expected, there was significant overlap amongst all four primary lists. Then, we assigned points to each school based on their relative position in each primary list. For instance, if a school ranked number 1 on a list, it received 25 points. If it ranked second, it received 24.5 points, and so on. We then tabulated the total number of points scored by each school out of 100 to arrive at a cumulative score for each entry. We then ranked each entry based on these cumulative scores, from lowest to highest.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional looking for the best stocks to buy you can benefit from the wisdom of hedge funds and corporate insiders.

You can also check out our coverage of the 40 Best Fashion Schools in the World for 2024.

Best Business Schools in the World for 2024

40. Indiana University

Insider Monkey’s Score: 54.5

Kelley School of Business at Indiana University is widely known for its top-class faculty, distinct MBA program, and inclusive culture. The business school was founded in 1920.

39. IESE Business School

Insider Monkey’s Score: 56

Located in Barcelona, IESE Business School offers one of the best MBA programs in the world. It aims to expose its students to the global perspective of working in organization and learning innovative methods, making it one of the best business schools in the world for 2024.

38. University of North Carolina

Insider Monkey’s Score: 57

University of North Carolina has four core values, including integrity, innovation, inclusion, and impact. These core values are reflected into their learning environment.

37. University of Warwick

Insider Monkey’s Score: 59

Warwick Business School, located in the University of Warwick, is known precisely for its research quality. It offers one of the best business programs in the world.

36. Purdue University

Insider Monkey’s Score: 63

Purdue University has been a target institution for many employers, including consulting firms, for a long period of time. Its prestige and reputation allows students to become exposed to world-class education.

35. Georgetown University

Insider Monkey’s Score: 65

Georgetown University’s McDonough School of Business was founded in 1957. Since then, it has excelled in providing its students with remarkable programs and a strong entrepreneurial community, making it one of the best business schools in the world for 2024.

34. University of Virginia

Insider Monkey’s Score: 65.5

Darden School of Business, the business school at University of Virginia, is one of the top public business schools in the world. It is known for the commitment shown by the faculty towards the courses and students.

33. HEC Paris

Insider Monkey’s Score: 66

HEC Paris is one of the best business schools in the world as it offers exclusive and customizable programs with a wide range of courses and electives to its students, making it one of the top MBA colleges in the world.

32. IMD

Insider Monkey’s Score: 66.5

One of the top-ranked business schools, IMD is known for its high reputation, world-class faculty, and exceptional programs. The university has its campuses in Lausanne, Switzerland, and Singapore.

31. INSEAD

Insider Monkey’s Score: 68

INSEAD is one of the best business schools in the world in 2024. Its degree, Research Productivity in General Management, is the most renowned.

30. University of Hong Kong

Insider Monkey’s Score: 70

Established in 1911, the University of Hong Kong is one of the oldest institutions in Asia. The employability rate of the university is extremely high as students start working in the commerce sector.

29. Nanyang Technological University, Singapore

Insider Monkey’s Score: 71.5

One of the main reasons why Nanyang Technological University is the most desired business school for students is its diverse and inclusive community. They provide a dynamic learning environment to their students, making them one of the top MBA colleges in the world

28. University of Mannheim

Insider Monkey’s Score: 72

Located in Germany, University of Mannheim is one of the most competitive and challenging business schools in the country. Only approximately 17% of the applicants are accepted into their MBA program.

27. University of Minnesota

Insider Monkey’s Score: 73

The University of Minnesota, a public university, is an extremely reputable university. Many of its renowned faculty have received prestigious awards for their notable research, making it one of the best business schools in the world for 2024.

26. University of Manchester

Insider Monkey’s Score: 74.5

The University of Manchester offers one of the best business programs in the world. Some of its main degrees include undergraduate, MBA, and executive education.

25. Copenhagen Business School

Insider Monkey’s Score: 75

One of the most reputable business schools in Denmark, Copenhagen Business School focuses on experiential learning to a great extent, allowing students to interact with various organizations.

24. Tsinghua University

Insider Monkey’s Score: 75.5

Tsinghua University is one of the best universities in China and one of the best MBA programs in the world. The university is among the top 3 in terms of graduate employability.

23. University of Southern California

Insider Monkey’s Score: 77

USC Marshall has one of the best business programs in the world. Its four core values include Transformational Courage, Collaborative Ambition, Impactful Service, and Unwavering Integrity.

22. London Business School

Insider Monkey’s Score: 79

Founded in 1964, London Business School has its campuses in London and Dubai. It is known to be highly competitive and offers various programs like MBA and Master’s in Management.

21. Erasmus University Rotterdam

Insider Monkey’s Score: 81

Erasmus University Rotterdam is one of the top-ranked business schools in Europe, primarily because it uses practical examples to teach and train their students

20. Michigan State University

Insider Monkey’s Score: 81.5

Michigan State University’s business school, Eli Broad College of Business, is one of the most competitive and challenging business schools in the United States, making it one of the best business schools in the world for 2024.

19. Dartmouth College

Insider Monkey’s Score: 82.5

Tuck School of Business, located at Dartmouth College, is one of the best business schools in the world primarily because of its strong alumni network that helps counsel and teach current students.

18. University of Melbourne

Insider Monkey’s Score: 84

University of Melbourne is one of the leading universities in Australia and has been operating for over 165 years. It’s business school offers various degrees including MBA and business analytics.

17. University of Michigan

Insider Monkey’s Score: 85

Ross School of Business, the business school at University of Michigan, has extremely high rates of employability. Approximately 99.1% students receive job offers after their degree, making it one of the top MBA colleges in the world.

16. National University of Singapore

Insider Monkey’s Score: 86

Founded in 1965, National University of Singapore is widely perceived to have quality research and renowned faculty. The school exposes its students with a holistic learning experience.

15. University of Oxford

Insider Monkey’s Score: 88

University of Oxford’s business school is one of the top universities in the world. The school aims to train its students in terms of leadership, purpose, and impact.

14. University of Cambridge

Insider Monkey’s Score: 88.5

University of Cambridge is one of the most prestigious schools in the world. Its business school primarily focuses on transformative education and critical thinking.

13. University of California, Berkeley

Insider Monkey’s Score: 89

Being the second oldest business school in the United States, UC Berkeley Haas School of Business is known to produce new ideas in the field of business, making it one of the best business schools in the world for 2024.

12. Carnegie Mellon University

Insider Monkey’s Score: 89.5

The Tepper School of Business is the business school at Carnegie Mellon University. It is the pioneer of introducing emotional intelligence and data-informed approach to businesses.

11. Cornell University

Insider Monkey’s Score: 90

Cornell Johnson, the business school of Cornell University, is precisely known for its renowned faculty. Its courses are around the areas of entrepreneurship, technology, consulting, and banking.

Click here to continue reading and see 10 Best Business Schools in the World for 2024.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on October 30, 2024 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

Published on November 16, 2024 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up