Best Business Schools and MBA Programs for 2026

Going to business school is a lifelong investment that can send your career—and salary—to new heights. The degree is known for teaching the most in-demand skills in business management, covering topics ranging from finance and entrepreneurship to marketing and analytics. Through our flagship ranking, we hope to help the next generation of leaders—who may someday run Fortune 500 companies—discover the best MBA program for their future.

1. University of Pennsylvania (Wharton)

Philadelphia, PA

The Wharton School's MBA emphasizes global, data-driven leadership and offers 22 concentrations across various business disciplines. Students typically enter with an average of 5 years of work experience and progress through a rigorous core before specializing. The average core class size is 59 students. The Wharton MBA Program professes a focus on preparing students to occupy influential positions in organizations as conscientious, globally aware, and effective leaders who create a significant positive impact in the world. The program balances the need of students to understand the core principles across the breadth of managerial domains, while providing them with great flexibility to personalize their experience.

Acceptance rate	19%
Average undergraduate GPA	3.7
Median base salary of new grads	$175,000
Tuition per year, out-of-state	$87,970

2. Columbia University

New York, NY

Columbia Business School's MBA program is distinguished by its location in New York City and its deep ties to finance and global business. Applicants self-report GMAT, GMAT Focus, Executive Assessment, or GRE scores. The program offers 11 dual-degree options across the university. The average core class size is 66 students. The application fee is $250, with deadlines and rounds that should be confirmed. English proficiency exams are not required for international applicants.

Acceptance rate	21%
Average undergraduate GPA	3.6
Median base salary of new grads	$175,000
Tuition per year, out-of-state	$91,172

3. Northwestern University (Kellogg)

Evanston, IL

The Northwestern University Kellogg School of Management MBA is a top-ranked program known for its collaborative culture, strong leadership focus, and flexible formats, preparing graduates for careers in consulting, finance, tech, and general management. On the original publishing date, Feb. 17, 2026, Northwestern University (Kellogg School of Management) was not included on the list due to a technical issue. It was subsequently added to the list.

Acceptance rate	29%
Average undergraduate GPA	3.72
Median base salary of new grads	$170,000
Tuition per year, out-of-state	$86,370

UNC Kenan-Flagler’s top-ranked online MBA

STEM-designated. Tar Heel ROI. No compromises.

UNC Kenan-Flagler’s top-ranked online MBA is designed for experienced professionals looking to take their career to the next level. Students have access to lifelong career benefits and a global network of 51,000+ business school alumni. Earn your MBA online in as few as 18 months or up to three years. MBA Fellowships Available.

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4. University of Chicago (Booth)

Chicago, IL

At Chicago Booth, the mission is to "influence and educate current and future leaders." Its MBA program has on average about 50 students per course, and candidates tend to have over five years of work experience. The application process requires submission of GMAT and/or GRE scores as well as two letters of recommendation. International students can submit proof of English proficiency via TOEFL. The round three deadline is April 2, 2026, and there is a $250 application fee.

Acceptance rate	29%
Average undergraduate GPA	3.6
Median base salary of new grads	$172,696
Tuition per year, out-of-state	$87,354

5. Harvard University

Cambridge, MA

Harvard Business School delivers a revered case-method MBA curriculum focused on general management and leadership. The average core section size is 95 students, and students typically enter with 5 years of professional experience. Applicants submit two letters of recommendation and GMAT or GRE scores, with no minimum test requirements. Application deadlines fall in September and January, with an application fee of $250. English proficiency testing is recommended or conditionally required.

Acceptance rate	NA
Average undergraduate GPA	3.7
Median base salary of new grads	$175,000
Tuition per year, out-of-state	$78,700

6. Massachusetts Institute of Technology (Sloan)

Cambridge, MA

MIT Sloan's two-year MBA blends management education with innovation and analytics. Students typically enter with 5 years of work experience and may pursue one of 7 certificate programs, with specializations ranging from Finance to Healthcare. Applicants submit one letter of recommendation and standardized test scores, with waivers available under certain circumstances. Application deadlines typically fall in September, January, and April, with a fee of $250.

Acceptance rate	15%
Average undergraduate GPA	3.58
Median base salary of new grads	$169,550
Tuition per year, out-of-state	$89,000

7. Dartmouth College (Tuck)

Hanover, NH

Tuck offers a residential MBA experience centered on collaboration and general management at its Hanover, New Hampshire campus. Students typically enter with 6 years of work experience. Applicants submit two letters of recommendation and GMAT or GRE scores, with waivers available. Application deadline for Fall matriculation is typically in March, with an application fee of $250. English proficiency exams are no longer required for international applicants.

Acceptance rate	31%
Average undergraduate GPA	3.57
Median base salary of new grads	$175,000
Tuition per year, out-of-state	$84,250

8. University of Virginia (Darden)

Charlottesville, VA

Darden's MBA is known for its intensive case-based approach and emphasis on leadership and global management. Students typically bring 6 years of work experience, and the average core class size is 63 students. Applicants submit one letter of recommendation and GMAT, GRE, EA, MCAT, or LSAT scores. The final application deadline is April 1, with a fee of $250.

Acceptance rate	34%
Average undergraduate GPA	3.56
Median base salary of new grads	$175,000
Tuition per year, out-of-state	$85,698

UC Davis Master of Management

The online Master of Management from UC Davis is a graduate business degree designed for recent college graduates, ambitious young professionals and career-changers aspiring to leadership roles.

The 15-month online Master of Management program provides aspiring leaders with a foundation in the functional areas of business, such as accounting, finance, marketing and strategy. No minimum professional experience is required.

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9. New York University (Stern)

New York, NY

NYU Stern's MBA leverages its New York City location and offers 26 academic concentrations, with revered programs in Entertainment & Media and Corporate Finance. Applicants submit one letter of recommendation and may provide GMAT, GRE, EA, or receive a test waiver. The final application deadline is April 16, with an application fee of $250.

Acceptance rate	25%
Average undergraduate GPA	3.64
Median base salary of new grads	$175,000
Tuition per year, out-of-state	$89,524

10. Duke University (Fuqua)

Durham, NC

Fuqua's 79-credit MBA emphasizes collaborative leadership and global engagement, while offering 15 specializations. The average core class size is 51 students. Applicants submit one letter of recommendation and GMAT, GRE, or EA scores. The program offers four application rounds with deadlines in September January, February, and April, with an application fee of $225.

Acceptance rate	20%
Average undergraduate GPA	3.54
Median base salary of new grads	$175,000
Tuition per year, out-of-state	$57,882

11. University of Michigan–Ann Arbor (Ross)

Ann Arbor, MI

Michigan Ross emphasizes action-based learning and team-driven leadership development at its Ann Arbor campus. Students typically enter with 6 years of work experience, and the average core class size is 77 students. Applicants submit one letter of recommendation and may apply test-optional with an academic readiness statement. Deadlines should be consulted based on a student's early decision and matriculation agenda. The school's application fee is $250.

Acceptance rate	29%
Average undergraduate GPA	3.42
Median base salary of new grads	$170,000
Tuition per year, out-of-state	$81,152

12. University of California–Berkeley (Haas)

Berkeley, CA

Haas integrates academic rigor with innovation and social impact, supported by its proximity to Silicon Valley. Applicants submit two letters of recommendation and GMAT or GRE scores, with no test waivers offered. The program recommends at least 3 years of work experience. The final application deadline is March 31, with an application fee of $250.

Acceptance rate	25%
Average undergraduate GPA	3.65
Median base salary of new grads	$160,000
Tuition per year, out-of-state	$85,406

13. Yale University

New Haven, CT

The Yale School of Management's full-time MBA program requires students to complete 72 units of coursework to graduate (equivalent to 52 credits). Students, on average, have 5 years of work experience, and core classes consist of about 70 students. Two letters of recommendation are required to apply, and international students do not need to take an English proficiency exam. Yale has 13 different dual degrees that can be paired with an MBA, and special programs are available for Yale undergrads and international students. The standard application fee is $200, and the round 2 and 3 deadlines are Jan. 7 and April 8, respectively.

Acceptance rate	27%
Average undergraduate GPA	3.65
Median base salary of new grads	$160,000
Tuition per year, out-of-state	$87,800

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14. Cornell University (Johnson)

Ithaca, NY

Cornell Johnson's MBA is a 60-credit program, with tuition calculated at $2,828 per credit. Students are organized into sections averaging 69 students and may choose from 13 concentrations. Students can learn in Ithaca while taking advantage of all that our NYC campus has to offer. Beyond the business school classroom, students can take classes from across Cornell University allowing them to graduate as well-rounded, thoughtful business leaders with an ivy-league MBA.

Acceptance rate	28%
Average undergraduate GPA	3.4
Median base salary of new grads	$175,000
Tuition per year, out-of-state	$86,596

15. University of Texas–Austin (McCombs)

Austin, TX

McCombs offers a full-time MBA emphasizing leadership, analytics, and entrepreneurship. Students typically enter with 6 years of experience, and the average core class size is 64 students. Applicants submit one letter of recommendation and may provide GMAT, GMAT Focus, GRE, or EA scores, with waivers available. The final application deadline is May 15, with an application fee of $200.

Acceptance rate	38%
Average undergraduate GPA	3.48
Median base salary of new grads	$150,000
Tuition per year, out-of-state	$59,684

16. Georgia Institute of Technology (Scheller)

Atlanta, GA

The MBA program at Georgia Institute of Technology's Scheller College of Business is designed for professionals with at least two years of work experience. Applicants must submit one letter of recommendation, and while standardized test scores (GMAT or GRE) are optional, they can be included to strengthen an application. International students must provide TOEFL or IELTS scores, with a minimum TOEFL score of around 95.

Acceptance rate	19%
Average undergraduate GPA	3.39
Median base salary of new grads	$165,000
Tuition per year, out-of-state	$42,790

17. University of California–Los Angeles (Anderson)

Los Angeles, CA

UCLA Anderson's MBA offers flexibility through a customizable curriculum and global experiential learning. Students typically enter with 6 years of work experience, and the average core class size is 76 students. Applicants submit two letters of recommendation and may apply test-optional using GMAT, GRE, or EA scores. The final application deadline is April 7, with an application fee of $200.

Acceptance rate	31%
Average undergraduate GPA	3.47
Median base salary of new grads	$142,800
Tuition per year, out-of-state	$79,452

18. Emory University (Goizueta)

Atlanta, GA

Goizueta's (Emory University's) MBA features small class sizes and a focus on leadership and analytics. The average core class size is 63 students, and students typically have 6 years of work experience. Applicants submit two letters of recommendation and GMAT or GRE scores, with waivers available. The final application deadline is March 19th with an application fee of $175.

Acceptance rate	35%
Average undergraduate GPA	3.5
Median base salary of new grads	$175,000
Tuition per year, out-of-state	$76,900

UC Davis Master of Management

The online Master of Management from UC Davis is a graduate business degree designed for recent college graduates, ambitious young professionals and career-changers aspiring to leadership roles.

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19. Vanderbilt University (Owen)

Nashville, TN

Vanderbilt Owen's MBA emphasizes general management and small-cohort learning. Most students enter with about 6 years of work experience. Applicants submit one letter of recommendation, with test and English proficiency waivers available. The final application deadline is May 15, with an application fee of $200.

Acceptance rate	38%
Average undergraduate GPA	3.4
Median base salary of new grads	$142,800
Tuition per year, out-of-state	$74,500

20. University of Washington (Foster)

Seattle, WA

Foster's MBA emphasizes leadership and experiential learning in a global business context. Students typically enter with 6 years of experience, and the average core class size is 51 students. The program is test-optional and requires two letters of recommendation. The final application deadline is March 12, with an application fee of $90.

Acceptance rate	38%
Average undergraduate GPA	3.36
Median base salary of new grads	$145,000
Tuition per year, out-of-state	$58,428

21. University of North Carolina–Chapel Hill (Kenan-Flagler)

Chapel Hill, NC

UNC Kenan-Flagler's MBA blends analytical rigor with leadership development. The average core class size is 56 students. Applicants submit one letter of recommendation and GMAT or GRE scores, with waivers available. The final application deadline is April 21, with an application fee of $150.

Acceptance rate	37%
Average undergraduate GPA	3.4
Median base salary of new grads	$140,000
Tuition per year, out-of-state	$70,908

22. Carnegie Mellon University (Tepper)

Pittsburgh, PA

Tepper offers a 64-credit MBA with a strong emphasis on analytics and technology. The average core class size is 50 students. Applicants submit one letter of recommendation and GMAT, GRE, or EA scores, with waivers available. Final application deadline for domestic students is May 5th, and for international students March 3rd. The application fee is $200.

Acceptance rate	27%
Average undergraduate GPA	3.3
Median base salary of new grads	$148,000
Tuition per year, out-of-state	$78,362

23. Rice University (Jones)

Houston, TX

Rice University (Jones) Graduate School of Business offers a collaborative MBA with a strong emphasis on leadership and entrepreneurship. The average core class size is 53 students. Applicants submit one letter of recommendation and standardized test scores, with waivers available in some cases. The final application deadline is May 27th, with a fee of $200.

Acceptance rate	34%
Average undergraduate GPA	3.46
Median base salary of new grads	$150,000
Tuition per year, out-of-state	$76,073

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24. Kent State University (Crawford)

Kent, OH

Kent State's MBA emphasizes applied learning and entrepreneurship within a public-university setting. Students typically enter with 13 years of work experience prior to enrollment. Applicants submit one letter of recommendation and standardized testing submission is optional. Application deadlines and fees should be verified.

Acceptance rate	50%
Average undergraduate GPA	3.4
Median base salary of new grads	$65,000
Tuition per year, out-of-state	$35,367

25. Southern Methodist University (Cox)

Dallas, TX

SMU Cox offers an MBA with strong ties to the Dallas business community and a focus on leadership development. Recent statistics show that students typically enter with 4 years of work experience. Applicants submit one letter of recommendation and GMAT or GRE scores are optional for submission. Deadlines and application fees should be confirmed.

Acceptance rate	30%
Average undergraduate GPA	3.56
Median base salary of new grads	$129,150
Tuition per year, out-of-state	$61,927

26. King University

Bristol, TN

The traditional daytime MBA from King University's School of Business, Economics, and Technology (SOBET) can be completed in one year. The program offers concentrations in two areas: healthcare administration and management. All applicants must submit two letters of recommendation, and TOEFL scores are required from international students. Standardized test scores are not required for admission. On average, there are 17 students per core MBA course. Admissions are rolling throughout the year, and the application fee is free.

Acceptance rate	100%
Average undergraduate GPA	3.4
Median base salary of new grads	NA
Tuition per year, out-of-state	$19,500

27. Indiana University (Kelley)

Indianapolis, IN

The full-time MBA from Indiana University (Kelley) offers concentrations in six subjects: business analytics, finance, marketing, leadership, supply chain, and strategic analysis of accounting information. The school requires all students to submit one letter of recommendation and either GMAT or GRE scores—waivers may be granted. On average, there are 50 students per core MBA course. International applicants must submit either TOEFL or IELTS scores. The final application deadline is April 15th, and applications cost $75.

Acceptance rate	29%
Average undergraduate GPA	3.4
Median base salary of new grads	$129,000
Tuition per year, out-of-state	$55,695

28. Washington University in St. Louis (Olin)

St. Louis, MO

Students in the MBA program at Washington University's Olin Business School are described as "competitive—but not cutthroat—ambitious, hungering to make a difference, and challenging each other to achieve more." Core classes have about 48 students—who have on average close to five years of work experience. Applicants are not required to submit standardized testing nor letters of recommendation. Students can choose to concentration in subjects like Corporate Finance, Consulting, and Private Capital & Strategic Ownership. The deadline to apply is April 15—with no application fee.

Acceptance rate	18%
Average undergraduate GPA	3.54
Median base salary of new grads	$126,000
Tuition per year, out-of-state	$70,250

The Online MBA From Rice Business

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The online MBA program from Rice Business prepares students to apply both traditional and cutting-edge business principles to current real-world challenges. Students amplify their technical and leadership skills and can select from electives such as finance, marketing, entrepreneurship, strategy and operations. Located in the energy industry hub of Houston, Texas, Rice Business also features specialized electives focused on the energy field. GMAT/GRE waivers are available. Learn more.

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29. University of Notre Dame (Mendoza)

Notre Dame, IN

The University of Notre Dame Mendoza College of Business MBA program is designed for students with at least five years of work experience and is shaped into four academic pathways: strategy, finance, marketing, and business analytics. One letter of recommendation is needed to apply as well as GMAT and/or GRE scores. International students must submit proof of English proficiency via TOEFL, IELTS, or PTE. There are about 45 students in each core MBA class. The deadline to apply is March 17—with an application fee of $175.

Acceptance rate	34%
Average undergraduate GPA	3.38
Median base salary of new grads	$130,000
Tuition per year, out-of-state	$73,260

30. Salisbury University

Salisbury, MD

Salisbury's AACSB-accredited MBA can be completed full time or part time with on-campus and online options, emphasizing leadership and decision-making across core business disciplines. Applicants typically submit GMAT or GRE scores (minimum 400 GMAT), though waivers are available, and international students must provide English proficiency scores such as TOEFL.

Acceptance rate	75%
Average undergraduate GPA	3.4
Median base salary of new grads	NA
Tuition per year, out-of-state	$14,010

31. Boston University (Questrom)

Boston, MA

The full-time MBA program at Boston University's Questrom School of Business is seeking applicants to join their dynamic and diverse community. Prospective students are required to submit either GMAT or GRE scores. Each class typically comprises around 49 students, ensuring an intimate and collaborative learning environment. The program offers specialized concentrations in health sector management, social impact, and management science, along with the opportunity to pursue dual degrees with an MS in digital technology, an MA in economics, an MS in energy and environment, an MA in international relations, or even a JD, MD, or MPH. Non-native English speakers must demonstrate proficiency through English language exams. The application deadline for this potential Fall 2026 matriculates is March 4th.

Acceptance rate	33%
Average undergraduate GPA	3.37
Median base salary of new grads	$120,000
Tuition per year, out-of-state	$69,870

32. San Jose State University (Lucas)

San Jose, CA

The 42-credit Early Career MBA from San Jose State University's Lucas Graduate School of Business offers global leadership, business analytics, and entrepreneurship & innovation concentrations. TOEFL, IELTS, and PTE scores are required from international students. While the program does not require standardized score submissions, applicants with undergraduate GPAs below 3.0 are strongly encouraged to submit either GMAT or GRE scores to demonstrate readiness for graduate level work. On average, there are 32 students per core MBA course. The deadline to apply for the fall semester is May 1 for domestic students and April 1st for international students. Application fees cost $70 & each credit costs around $1,400.

Acceptance rate	64%
Average undergraduate GPA	3.37
Median base salary of new grads	NA
Tuition per year, out-of-state	$25,200

33. Texas A&M University (Mays)

College Station, TX

The Texas A&M Mays MBA program self-describes as "more than just a business degree"—instead it's where "business meets leadership." While letters of recommendation are not required to apply, GRE or GMAT scores are—along with the TOEFL or IELTS exam for international applicants. Students typically have close to four years of work experience, and you can find about 30 students in each core MBA course. The deadline to apply is May 1 for domestic applicants, and the application fee is $125.

Acceptance rate	36%
Average undergraduate GPA	3.25
Median base salary of new grads	$126,250
Tuition per year, out-of-state	$51,648

UC Davis Master of Management

The online Master of Management from UC Davis is a graduate business degree designed for recent college graduates, ambitious young professionals and career-changers aspiring to leadership roles.

Learn More

34. Brigham Young University (Marriott)

Provo, UT

All candidates must submit two letters of recommendation to apply to the MBA program at Brigham Young University's Marriott School of Business. Non-native English speakers must also provide their TOEFL, IELTS, or English3 Proficiency Test (E3PT) scores. Additionally, full-time program applicants must submit standardized test scores from either the GMAT, GRE, LSAT, or MCAT with few waiver exceptions. This program offers specializations in entrepreneurship, finance, operations and supply chain, marketing, and strategic human resources. Typically, each course enrolls an average of 42 students. The application deadline is May 1.

Acceptance rate	58%
Average undergraduate GPA	3.59
Median base salary of new grads	$125,000
Tuition per year, out-of-state	$15,992

35. University of Florida (Warrington)

Gainesville, FL

UF offers full-time, professional, and online MBAs with cohorts that emphasize experiential learning and strong ties to regional and national employers. Applicants submit GMAT or GRE scores (with competitive ranges published by program), transcripts, résumé, recommendations, and, for international candidates, TOEFL or IELTS scores to demonstrate English proficiency.

Acceptance rate	28%
Average undergraduate GPA	3.46
Median base salary of new grads	$115,000
Tuition per year, out-of-state	$35,000

36. Fordham University (Gabelli)

New York, NY

The Gabelli School of Business Full-Time MBA program at Fordham University requires applicants to submit one letter of recommendation. While standardized test scores (GMAT or GRE) are not mandatory, applicants can submit them if they choose. International students must provide TOEFL, IELTS, PTE, or Duolingo scores, with a minimum TOEFL score of 100. The 60-credit program offers concentrations in subjects like accounting, communication and media management, finance, information systems management, and marketing. The average core course size is 33 students. The application fee is $140, and the application deadline for fall enrollment is June 6.

Acceptance rate	54%
Average undergraduate GPA	3.2
Median base salary of new grads	$120,000
Tuition per year, out-of-state	$129,107

37. University of Minnesota (Carlson)

Minneapolis, MN

The Carlson MBA program at the University of Minnesota prides itself on a smaller class size in a metropolis with many Fortune 500 companies. Students can choose to focus their studies in areas like information systems, food & agribusiness, and entrepreneurship & innovation. To apply, two letters of recommendation are needed, and standardized testing may be waived. The deadline to apply is April 1, and the application fee is $75.

Acceptance rate	46%
Average undergraduate GPA	3.46
Median base salary of new grads	$130,000
Tuition per year, out-of-state	$62,280

38. University of Tennessee–Knoxville (Haslam)

Knoxville, TN

At the University of Tennessee–Knoxville Haslam College of Business, there is a focus on building interpersonal connections and ensuring a transformational MBA experience with outcomes in mind. Applicants are recommended to have three years of professional work experience. Two letters of recommendation are needed to apply. For international students, a minimum of 100 score on the TOEFL is required (IELTS can also be taken). GMAT and GRE scores are highly recommended but are not required for U.S. military veterans. The program has a rolling admissions process, and the application fee is $60.

Acceptance rate	49%
Average undergraduate GPA	3.48
Median base salary of new grads	$120,000
Tuition per year, out-of-state	$50,214

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39. University of California–Irvine (Merage)

Irvine, CA

At UC Irvine's Merage School of Business, technology is at the core of learning—with students learning about subjects such as AI, 5G, and blockchain. Students are recommended to have at least 6 years of work experience before applying by its June 1 deadline. Standardized testing is required, but waivers will be evaluated on a case-by-case basis based on experience level and education background. Two letters of recommendation are also needed along with proof of English proficiency for international applicants. The application fee is $150.

Acceptance rate	24%
Average undergraduate GPA	3.49
Median base salary of new grads	$125,000
Tuition per year, out-of-state	$67,585

40. University of Cincinnati (Lindner)

Cincinnati, OH

The Lindner MBA at the University of Cincinnati recommends students have at least two years of work experience. Candidates can concentrate in subjects such as artificial intelligence, data analytics, and human resources. To apply, test scores are not required (but are taken into consideration for financial aid awards). Two letters of recommendation are also needed along with proof of English proficiency for international applicants. The deadline to apply is July 1st for domestic applicants, and March 1st for international. The application fee is $65.

Acceptance rate	44%
Average undergraduate GPA	3.58
Median base salary of new grads	$81,000
Tuition per year, out-of-state	$34,186

41. Hult International Business School

Cambridge, MA

Hult International Business School's Global One-Year MBA program offers concentrations in business analytics, entrepreneurship, finance, marketing, & strategy. All applicants are required to submit one letter of recommendation, and international students must provide scores from TOEFL, IELTS, Cambridge ESOL, or Duolingo. While GMAT and GRE scores are not mandatory, submitted scores will be considered. The program requires 42 credits to graduate. The deadline for fall matriculation is September 16th, and there is a $95 application fee.

Acceptance rate	58%
Average undergraduate GPA	3.11
Median base salary of new grads	$85,100
Tuition per year, out-of-state	$89,500

42. University of Wisconsin-Madison (Wisconsin)

Madison, WI

At the Wisconsin School of Business, students are recommended to have at least two years of work experience before applying to the full-time MBA program. Students can choose to specialize in areas such as technology strategy & product management, marketing, corporate finance & investment banking, strategic human resources and more. To apply, one letter of recommendation is needed, and international students need to take an English proficiency exam. GMAT/GRE waivers are available based on eligibility. There are ongoing deadlines throughout the year, the final one is June 4 for U.S./permanent residents.

Acceptance rate	53%
Average undergraduate GPA	3.41
Median base salary of new grads	$120,000
Tuition per year, out-of-state	$51,413

43. Pepperdine University (Graziadio)

Malibu, CA

The Pepperdine Graziadio Business School's full-time traditional MBA requires two letters of recommendation, preferring applicants to have at least two years of work experience. International applicants must provide TOEFL, IELTS, or Duolingo scores. The program offers nine specializations in digital innovation, entrepreneurship, finance, & general management. On average, there are 22 students per core MBA course. The program's application deadline is July 13, and tuition is set at $2,105 per credit. The 12-month track is 46 units, and the 20-month track is 54.

Acceptance rate	50%
Average undergraduate GPA	3.18
Median base salary of new grads	NA
Tuition per year, out-of-state	$113,640

The Online MBA From Rice Business

Rethink Your Approach to Business

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44. Southeast Missouri State University (Harrison)

Cape Girardeau, MO

The Harrison College of Business & Computing MBA is a small, AACSB-accredited program focused on applied business skills and flexible scheduling for working professionals. Applicants are evaluated on undergraduate GPA, GMAT scores, and prior work experience, with full details and any TOEFL requirements provided through the university's official MBA admissions pages.

Acceptance rate	98%
Average undergraduate GPA	3.14
Median base salary of new grads	NA
Tuition per year, out-of-state	$6,518

45. University of Maryland (Smith)

College Park, MD

The full-time MBA at the University of Maryland Smith School of Business is STEM designated and allows students to concentrate in subjects like AI & business strategy, consulting, and sustainability. To apply, one letter of recommendation is needed, but the school is test optional when it comes to GMAT and GRE. International students must submit proof of English proficiency via TOEFL or IELTS. Students tend to have about six years of work experience. The deadline to apply is April 15th, and the application fee is $75.

Acceptance rate	33%
Average undergraduate GPA	3.06
Median base salary of new grads	$116,000
Tuition per year, out-of-state	$60,374

46. Tulane University (Freeman)

New Orleans, LA

The full-time MBA program at Tulane University's Freeman School emphasizes experiential learning. Students can concentrate in subjects like analytics, finance, or sustainability. The average number of work experience of recent entrants was under 4 years. To apply, one letter of recommendation must be supplied alongside optional GMAT or GRE scores. The TOEFL, IELTS, or Duolingo scores are accepted as proof of English proficiency. The deadline to apply is May 1, but there is a rolling admissions process. The application fee is $125.

Acceptance rate	48%
Average undergraduate GPA	3.38
Median base salary of new grads	$90,000
Tuition per year, out-of-state	$57,882

47. Syracuse University (Whitman)

Syracuse, NY

At the Syracuse Whitman School of Management, the MBA program prepares students for a "world of accelerating change." Seven different concentrations are available, like finance, real estate, and business analytics. The submission of test scores is highly encouraged, and two letters of recommendation are mandatory. International applicants can prove their English proficiency via TOEFL, IELTS, or Duolingo. Applicants are also recommended to have at least four years of work experience. April 15 is the final deadline to apply, and the application fee is $75.

Acceptance rate	73%
Average undergraduate GPA	3.47
Median base salary of new grads	$116,500
Tuition per year, out-of-state	$54,405

48. West Virginia University (Chambers)

Morgantown, WV

The MBA program at the John Chambers College of Business and Economics at West Virginia University is designed to be completed in one year and includes project-based learning with companies throughout the state. Applicants must turn in one letter of recommendation, and standardized testing is not required. International students must complete an English proficiency exam via IELTS, TOEFL, PTE, or Duolingo. Students have an average of two years of work experience, and the deadline to apply is March 1st.

Acceptance rate	37%
Average undergraduate GPA	3.71
Median base salary of new grads	$76,200
Tuition per year, out-of-state	$56,520

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49. Lehigh University

Bethlehem, PA

The One-Year MBA program at Lehigh University offers specializations in financial management, marketing, business analytics, and supply chain management. Applicants must have at least two years of prior work experience and submit two letters of recommendation. International students must provide proof of English proficiency through TOEFL, IELTS, or Duolingo exams. While submitting GMAT or GRE scores is optional, all applicants should demonstrate evidence of potential success in the program, such as strong academic performance, relevant work experience, or professional certifications like the CPA or CFA. Additionally, the program includes a week-long trip to Silicon Valley in California. The application deadline for the fall term is April 15.

Acceptance rate	25%
Average undergraduate GPA	3.06
Median base salary of new grads	$95,000
Tuition per year, out-of-state	$70,560

50. College of William & Mary (Mason)

Williamsburg, VA

The MBA program from the College of William and Mary (Mason) requires two letters of recommendation. It offers seven different learning tracks, including finance, consulting, marketing, supply chain, analytics, entrepreneurship, and innovation. English proficiency testing in the form of TOEFL scores are required for international students. There are multiple deadlines to apply for the fall semester, with a final one in July. The application fee is $100. It is worth noting the College of William and Mary did not have a fall 2023 class—all data used was from spring 2024. The culture at William & Mary's FTMBA program is positive, professional and supportive. The students support one another and work closely with our top ranked faculty to grow, learn and have a truly transformational experience.

Acceptance rate	56%
Average undergraduate GPA	3.4
Median base salary of new grads	$97,500
Tuition per year, out-of-state	$51,766

51. North Carolina State University

Raleigh, NC

Poole's Jenkins MBA at NC State is a 21‑month, cohort-based program that emphasizes technology, analytics, and hands-on projects, offered through full-time, professional evening, and online formats. Applicants submit transcripts, résumé, essays, and recommendations; the online MBA is test-optional with GMAT/GRE not used in admissions, while international candidates must show English proficiency (e.g., TOEFL iBT around 100 or equivalent IELTS/Duolingo scores) in line with NC State's graduate standards.

Acceptance rate	32%
Average undergraduate GPA	3.49
Median base salary of new grads	$100,695
Tuition per year, out-of-state	$49,858

52. George Washington University

Washington, DC

George Washington University's Global MBA program requires applicants to submit one letter of recommendation. GMAT or GRE scores are not required, but international students must submit scores from English proficiency exams such as TOEFL, IELTS, or Duolingo. The first year of program blends training in business skills with a focus on core values of global leadership, ethics, corporate and social responsibility, culminating in the Consulting Abroad Program, which puts students on live consulting teams working with global corporations around the world. In the second year, students take electives, one or more specialized certificates and study abroad courses. GW offers concentrations in topics such as artificial intelligence, quantitative business foundations, and sport management. The program has rolling application deadlines, and the application fee is $80.

Acceptance rate	22%
Average undergraduate GPA	3.4
Median base salary of new grads	$110,000
Tuition per year, out-of-state	$32,508

53. Rutgers University

Newark, NJ

Rutgers Business School's MBA program requires applicants to submit two letters of recommendation and have two years of prior work experience. The program offers concentrations in subjects like finance, global business, and marketing. Non-native English speakers must submit TOEFL, IELTS, or PTE Academic scores, which can be waived for students with accredited degrees from the U.S. or other English-speaking countries. In most cases, standardized test scores are required. On average, there were 34 students per core MBA. The fall application deadline is July 15th, and the fee is waived for this application cycle.

Acceptance rate	46%
Average undergraduate GPA	3.3
Median base salary of new grads	$110,000
Tuition per year, out-of-state	$57,336

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54. University of San Diego (Knauss)

San Diego, CA

The University of San Diego Knauss School of Business seeks to elevate the careers of aspiring business leaders through its MBA program. Students may concentration is one of six areas, including business analytics, entrepreneurship, and marketing. To apply, two letters of recommendation as well as standardized test scores are optional, but international students must submit proof of English proficiency. The average class size of core courses is 36 students—with about 4 years of work experience. The deadline to apply is May 1, and the application fee is $125.

Acceptance rate	72%
Average undergraduate GPA	3.31
Median base salary of new grads	$95,000
Tuition per year, out-of-state	$38,813

55. Xavier University

Cincinnati, OH

The Williams College of Business at Xavier University allows students to complete an MBA in one year. Standardized testing is generally not required, but it may be requested for some applicants. Prospective students ought to submit two letters of recommendation. International students must supply an English proficiency exam score. There is no application fee, and the recommended deadline to apply by is August 1st. Students tend to have about 2 years of work experience.

Acceptance rate	53%
Average undergraduate GPA	3.26
Median base salary of new grads	$99,500
Tuition per year, out-of-state	$36,738

56. Clark University

Worcester, MA

The MBA program at Clark University's School of Business requires two letters of recommendation and standardized test scores, with waiver option available if undergraduate GPA is at least 3.2 on a 4.0 scale. For non-native English speakers, submission of TOEFL, IELTS, Duolingo, or PTE scores is mandatory. The program offers specializations in accounting, expanded accounting for the CPA exam, finance, information management and business analytics, marketing, & social change and sustainability. Each core MBA course typically has around 26 students. Graduation requires a minimum of 12 credits, costing $5,100 each. The deadline to apply for the fall semester is June 1st for international students and July 15th for domestic applicants.

Acceptance rate	57%
Average undergraduate GPA	3.53
Median base salary of new grads	$72,234
Tuition per year, out-of-state	$61,200

57. University of Oregon (Lundquist)

Eugene, OR

At the University of Oregon Lundquist College of Business, there is sharp focus on "hands-on learning with real-world applications" as well as four specializations: finance and securities analysis; innovation and entrepreneurship; sports business; and sustainable business practices. To apply, two letters of recommendation are needed, but standardized testing is not mandatory for submission. For those who do not speak English as their native language, proof of English proficiency is needed – both by formal testing such as TOEFL or IELTS or other methods. The deadline to apply is July 25th. The application fee is $70 for domestic students and $90 for international applicants.

Acceptance rate	72%
Average undergraduate GPA	3.4
Median base salary of new grads	$102,000
Tuition per year, out-of-state	$46,873

58. University of Massachusetts–Amherst (Isenberg)

Amherst, MA

The Isenberg School of Management at the University of Massachusetts Amherst seeks to build a close-knit MBA community for its students. Applicants are required to have at least three years of work experience. Two letters of recommendation are necessary along with standardized test scores, although some may qualify for a waiver based on education and work history. International students must submit a TOEFL score of at least 100. The final deadline to apply is April 1. The application fee is $90.

Acceptance rate	15%
Average undergraduate GPA	3.31
Median base salary of new grads	$101,500
Tuition per year, out-of-state	$36,645

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59. University of Oklahoma (Price)

Norman, OK

At the University of Oklahoma Price College of Business, students get an educational experience that goes far beyond the classroom. All full-time traditional MBA students are required to have an international business experience during their time. Concentrations such as arts management and entrepreneurship; digital technologies, and media management are available. To apply for the MBA program, no letters are recommendation are needed, but exam scores are required (limited waivers available). The deadline to apply is May 1st.

Acceptance rate	64%
Average undergraduate GPA	3.49
Median base salary of new grads	$72,000
Tuition per year, out-of-state	$26,449

60. Troy University (Sorrell)

Troy, AL

Troy University's Sorrell College of Business has a full-time MBA program with an average of 194 students per core course. The degree takes between 30-36 credit hours to complete. To apply, one letter of recommendation is needed, and GMAT or GRE scores are accepted but optional. International students must submit proof of English proficiency via TOEFL. There is a $50 application fee.

Acceptance rate	94%
Average undergraduate GPA	3.12
Median base salary of new grads	NA
Tuition per year, out-of-state	$34,000

61. Bentley University (McCallum)

Waltham, MA

Bentley's McCallum Graduate School offers an AACSB-accredited MBA with a strong analytics and technology focus and options for online or hybrid study. GMAT or GRE scores are considered important in admission decisions, and international applicants must meet Bentley's published English proficiency requirements such as TOEFL or IELTS.

Acceptance rate	44%
Average undergraduate GPA	3.28
Median base salary of new grads	$78,500
Tuition per year, out-of-state	$54,855

62. New Jersey Institute of Technology

Newark, NJ

NJIT's STEM-oriented MBA integrates technology and innovation management, serving engineers and professionals seeking leadership roles in tech-intensive industries. Applicants need a bachelor's degree; GMAT/GRE is waived for those with a U.S. or Canadian bachelor's GPA of at least 3.0 or a prior graduate/professional degree, while others must submit test scores, and international applicants must provide TOEFL (minimum 79) or IELTS (6.5) scores.

Acceptance rate	43%
Average undergraduate GPA	3.4
Median base salary of new grads	$130,000
Tuition per year, out-of-state	$40,734

63. American University (Kogod)

Washington, DC

Kogod's MBA (including its online format) focuses on global business, sustainability, and experiential learning in Washington, D.C. Applicants submit transcripts, résumé, essays, and recommendations; standardized test policies (GMAT/GRE optional or required) and English proficiency requirements, including TOEFL or IELTS for international students, are outlined in Kogod's current application instructions and deadlines for 2026 intakes.

Acceptance rate	16%
Average undergraduate GPA	3.3
Median base salary of new grads	$120,000
Tuition per year, out-of-state	$46,800

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64. Florida Atlantic University

Boca Raton, FL

FAU's College of Business offers several MBA formats, including an online MBA tailored to working professionals, with no business prerequisites and a focus on applied coursework. For the online MBA, qualified applicants with a bachelor's degree (GPA around 3.0 over the last 60 credits) and four years of professional experience are not required to submit GMAT/GRE scores, while international students must meet FAU's English proficiency standards such as TOEFL or IELTS.

Acceptance rate	53%
Average undergraduate GPA	3.53
Median base salary of new grads	N/A
Tuition per year, out-of-state	$22,076

65. Willamette University

Salem, OR

Willamette's MBA emphasizes small cohorts and integrated, early-career management education on its Salem campus, with opportunities for experiential projects. Applicants typically submit GMAT or GRE scores by program deadlines (with some waiver policies depending on background), and international students must provide English proficiency scores such as TOEFL/IELTS and financial documentation for visa processing.

Acceptance rate	99%
Average undergraduate GPA	3.4
Median base salary of new grads	$61,250
Tuition per year, out-of-state	$51,560

66. University of Texas–San Antonio (Alvarez)

San Antonio, TX

UTSA's AACSB-accredited MBA offers flexible options for working professionals and full-time students, with strengths in analytics and regional industry connections. Applicants need a bachelor's degree, generally a 3.0 GPA (with consideration of last 60 credits), program-specific GMAT/GRE requirements, and for international students, minimum English scores of 79 TOEFL iBT, 6.5 IELTS, or Duolingo 100.

Acceptance rate	97%
Average undergraduate GPA	3.15
Median base salary of new grads	$55,500
Tuition per year, out-of-state	$57,882

67. Appalachian State University

Boone, NC

App State's Walker College MBA is a cohort-based program with a general management core and options for elective concentrations, designed for recent graduates and early- to mid-career professionals. For Spring 2026, GMAT/GRE test scores are waived for all applicants, though scores may be submitted to strengthen the file; international applicants whose native language is not English must submit TOEFL scores when prior instruction was not in English.

Acceptance rate	78%
Average undergraduate GPA	3.58
Median base salary of new grads	$60,000
Tuition per year, out-of-state	$41,743

68. Rochester Institute of Technology (Saunders)

Rochester, NY

The MBA program from Rochester Institute of Technology's Saunders College of Business does not require letters of recommendation or prior work experience. Additionally, standardized test score submissions are waived for students with a degree from a regionally accredited U.S. college or university. International students, however, must submit TOEFL, IELTS, or PTE Academic scores. On average, there are 22 students per classroom for core courses. The application deadline for the fall is rolling. 48 credits are required to earn the degree, with each credit costing $2,574.

Acceptance rate	69%
Average undergraduate GPA	3.59
Median base salary of new grads	$71,700
Tuition per year, out-of-state	$61,762

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69. Stevens Institute of Technology

Hoboken, NJ

The MBA program at Stevens Institute of Technology seeks to prepare students to "lead in a tech-centric world." Students can concentrate in subjects like financial engineering, information systems, finance, or artificial intelligence. Applicants to MBA programs are not required to submit GRE/GMAT scores. However, applicants who believe their GRE/GMAT scores demonstrate potential for success in graduate program may elect to submit those scores along with two required letters of recommendation. For non-native English speakers, results from the TOEFL, IELTS, or Duolingo examinations are required. The final deadline to apply for the program is April 15, with a $60 application fee.

Acceptance rate	34%
Average undergraduate GPA	3.3
Median base salary of new grads	$85,000
Tuition per year, out-of-state	$44,220

70. Howard University

Washington, DC

Howard University's MBA program requires two letters of recommendation, and applicants must have at least two years of prior work experience. The school also requires international students to submit English proficiency exams. Students who wish to be considered for candidacy for the MBA are required to complete the GMAT or GRE. The school offers concentrations in several fields: accounting, finance, international business, and supply chain management. The application deadline for fall is May 1, and the application fee is $93.

Acceptance rate	11%
Average undergraduate GPA	3.03
Median base salary of new grads	$96,250
Tuition per year, out-of-state	$19,705

71. Indiana State University (Scott)

Terre Haute, IN

The Scott MBA from Indiana State University allows students to complete the program in four to five semesters and choose from 10 concentrations. These include fields such as accounting, educational leadership, and government affairs. Students may optionally submit a GMAT or GRE score with their application. On average, there are 12 students per core MBA course. The program requires 30 credits to graduate, each costing $931. The fall application deadline is June 1, and the application fee is $45.

Acceptance rate	59%
Average undergraduate GPA	3
Median base salary of new grads	$77,989
Tuition per year, out-of-state	$57,882

72. University of Massachusetts–Dartmouth (Charlton)

Dartmouth, MA

The Charlton College MBA at the University of Massachusetts Dartmouth allows students to concentrate in nearly a dozen different subjects like international business, public management, and sustainability. Students are recommended to have at least two years of work experience before applying. Applicants also must take the GMAT or GRE and report scores unless a wavier requirement is met. Two letters of recommendation are also needed along with exam results from TOEFL or IELTS for international students. The program has a rolling admissions process, and the application fee is $60.

Acceptance rate	77%
Average undergraduate GPA	3.29
Median base salary of new grads	$83,000
Tuition per year, out-of-state	$22,629

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Frequently Asked Questions

What is an MBA?

An MBA, or master of business administration, is an internationally recognized graduate-level degree in business leadership and management that can help you advance in your current industry or change fields. Most MBA programs have a core curriculum focusing on business fundamentals, and full-time programs typically take two years to complete.

Is a full-time MBA hard?

Pursuing an MBA can be hard for students because they must transition back to academia, find the right balance between school and personal obligations, and make the most of networking and other opportunities that are a core part of business school programs. Learn more about what you should consider before you apply.

Can you work and do a full-time MBA?

Most full-time MBA programs are designed to be treated like a job, with a full schedule of coursework and other school-related obligations like group projects. If you don’t want to give up a paycheck while attending school, a part-time, online, or executive MBA program may be a better fit.

Is a part-time or full-time MBA better?

Part-time MBA students continue working and earning a salary, while applying lessons learned in the classroom in their current roles. These programs are best for people who want to advance within their current company or industry. Full-time MBA students fully immerse themselves in their business education, pursue an internship, and are often looking to switch careers.

What is a traditional MBA?

A traditional MBA refers to a full-time program that typically takes students two years to complete. Classes are typically conducted in person and on campus for traditional programs, and business school is a full-time endeavor for these students.

Online MBA versus traditional MBA?

Online MBA programs allow for more flexibility in students’ schedules, but traditional full-time programs offer students more personalized coursework and the opportunity to take full advantage of internships, networking, and other career resources. Traditional MBA programs are best for people who are switching careers. Executive MBA versus traditional MBA? A traditional MBA program can be an asset for professionals at any point in their career who are looking to switch careers, while the executive MBA option is geared toward more seasoned professionals who want to land a C-suite role.

Which full-time MBA ranking is best?

Fortune’s ranking of the best traditional MBA programs stands out by finding schools that not only offer comprehensive curricula, but also see their students achieve competitive salaries after graduation.

Methodology for Fortune’s 2026 Ranking of the Best MBA Programs