Discover Accredited Business Schools

Welcome to the Discover Business School guide. Below you will find information on accredited business schools in the US. Tips on how to choose a business schools that fits your needs. Breakdown of popular business school rankings, and how to best use that information. And lastly, you will find more in-depth business school information by state. You can use our site with confidence because we only feature accredited business programs from not-for-profit or public schools.

Business Schools by State

Looking for a business school in your state? Here’s a comprehensive list of searchable business schools by state. Whether you’re looking for an MBA, master’s in business administration, or another type of graduate business program, this guide will help you find the best school for you. With so many programs to choose from, it’s important to do your research and find the one that fits your needs and interests. So get started today and find the perfect fit for you!

List of Accredited Business Schools

There are many accredited business schools to choose from, but choosing which one is best for you can be difficult. That’s why we’ve compiled a list of all the business schools in America along with GMAT scores, Student/Faculty Ratio, and Tuition.

This guide will outline a few of the factors that are important when selecting your school! Below we have compiled the full list of 521 AACSB accredited business schools for you.

SchoolCityStateAvg. GMATStudent/
Faculty Ratio
MBA Tuition
University of Alaska Anchorage, College of Business and Public PolicyAnchorageAK
University of Alaska Fairbanks, School of ManagementFairbanksAK430$17,237
Auburn University, Raymond J. Harbert College of BusinessAuburnAL5662.22$24,549
Auburn University at Montgomery, College of BusinessMontgomeryAL5203.37$12,689
Jacksonville State University, College of Commerce and Business AdministrationJacksonvilleAL0.8$12,910
Samford University, Brock School of BusinessBirminghamAL
Tuskegee University, Brimmer College of Business and Information ScienceTuskegeeAL
The University of Alabama, Culverhouse College of Commerce and Business AdministrationTuscaloosaAL599.32.9$28,120
University of Alabama at Birmingham, Collat School of BusinessBirminghamAL1.22$15,406
University of Alabama in Huntsville, College of BusinessHuntsvilleAL467.52.8$19,251
University of Montevallo, Michael E. Stephens College of BusinessMontevalloAL$13,530
University of North Alabama, College of BusinessFlorenceAL461.53.98$12,932
University of South Alabama, Mitchell College of BusinessMobileAL5601.16$13,290
Arkansas State University, College of BusinessState UniversityAR5551.79$12,507
Arkansas Tech University, College of BusinessRussellvilleAR
Henderson State University, School of BusinessArkadelphiaAR0.39$9,710
Ouachita Baptist University, Frank D. Hickingbotham School of BusinessArkadelphiaAR
Southern Arkansas University, College of BusinessMagnoliaAR4223.36$19,710
University of Arkansas, Sam M. Walton College of BusinessFayettevilleAR5921.42$29,186
University of Arkansas at Fort Smith, College of BusinessFort SmithAR
University of Arkansas at Little Rock, College of BusinessLittle RockAR502.50.92$13,971
University of Central Arkansas, College of Business AdministrationConwayAR5001.91$9,525
Arizona State University, W. P. Carey School of BusinessTempeAZ608.11.99$53,552
Northern Arizona University, The W. A. Franke College of BusinessFlagstaffAZ5260.44$18,428
Thunderbird School of Global ManagementGlendaleAZ7.56$70,000
The University of Arizona, Eller College of ManagementTucsonAZ604.62.62$54,287
California Polytechnic State University, San Luis Obispo, Orfalea College of BusinessSan Luis ObispoCA
California State Polytechnic University Pomona, College of Business AdministrationPomonaCA0.07
California State University, Bakersfield, School of BusinessBakersfieldCA
California State University, Chico, College of BusinessChicoCA5570.92$16,392
California State University, East Bay, College of Business and EconomicsHaywardCA5384.53$31,696
California State University, Fresno, The Craig School of BusinessFresnoCA5401.01$24,300
California State University, Fullerton, Steven G. Mihaylo College of Business and EconomicsFullertonCA575.7
California State University, Long Beach, College of Business AdministrationLong BeachCA5521.09$32,664
California State University, Los Angeles, College of Business and EconomicsLos AngelesCA
California State University, Northridge, College of Business and EconomicsNorthridgeCA1.06
California State University, Sacramento, College of Business AdministrationSacramentoCA
California State University, San Bernardino, Jack H. Brown College of Business and Public AdministrationSan BernardinoCA533
California State University, Stanislaus, College of Business AdministrationTurlockCA4241.91$22,200
Chapman University, The George L. Argyros School of Business and EconomicsOrangeCA
Claremont Graduate University, The Peter F. Drucker and Masatoshi Ito Graduate School of ManagementClaremontCA6117.16$108,780
Loyola Marymount University, College of Business AdministrationLos AngelesCA
Menlo CollegeAthertonCA
Middlebury Institute of International Studies at MontereyMontereyCA
Naval Postgraduate School, Graduate School of Business and Public PolicyMontereyCA
Graziadio School of Business and Management, Pepperdine UniversityMalibuCA6158.77$96,640
Saint Mary’s College of California, School of Economics and Business AdministrationMoragaCA
San Diego State University, Fowler College of BusinessSan DiegoCA600.23.64
San Francisco State University, College of BusinessSan FranciscoCA1.59$28,685
San José State University, Lucas College and Graduate School of BusinessSan JoseCA5881.15$29,558
Santa Clara University, Leavey School of BusinessSanta ClaraCA
Sonoma State University, School of Business and EconomicsRohnert ParkCA4.12$14,750
Stanford University, Graduate School of BusinessStanfordCA
University of California, Berkeley, Haas School of BusinessBerkeleyCA
University of California, Davis, Graduate School of ManagementDavisCA630.53.14$76,958
University of California, Irvine, The Paul Merage School of BusinessIrvineCA639.73.75$84,447
University of California, Los Angeles, UCLA Anderson School of ManagementLos AngelesCA
University of California, Riverside, School of BusinessRiversideCA6114.08$81,312
University of California, San Diego, Rady School of ManagementLa JollaCA7145.48$88,454
University of San Diego, School of Business AdministrationSan DiegoCA598.31.18$80,737
University of San Francisco, School of ManagementSan FranciscoCA547.52.47$77,280
University of Southern California, Marshall School of BusinessLos AngelesCA662.16.89$119,629
University of the Pacific, Eberhardt School of BusinessStocktonCA582.71.37$68,679
Woodbury University, School of BusinessBurbankCA377$43,065
Colorado State University, College of BusinessFort CollinsCO
Colorado State University-Pueblo, Malik and Seeme Hasan School of BusinessPuebloCO4660.97$17,594
Fort Lewis College, School of Business AdministrationDurangoCO
Metropolitan State University of Denver, School of BusinessDenverCO497
University of Colorado at Boulder, Leeds School of BusinessBoulderCO6022.29$39,704
University of Colorado Colorado Springs, College of Business and AdministrationColorado SpringsCO558.52.34
University of Colorado Denver, Business SchoolDenverCO564.512.7$40,250
University of Denver, Daniels College of BusinessDenverCO
University of Northern Colorado, Kenneth W. Monfort College of BusinessGreeleyCO0.47
U.S. Air Force AcademyUSAF AcademyCO
Central Connecticut State University, School of BusinessNew BritainCT0.34
Fairfield University, Charles F. Dolan School of BusinessFairfieldCT506.81.83$47,250
Quinnipiac University, School of BusinessHamdenCT518.52.75$46,035
Sacred Heart University, Jack Welch College of BusinessFairfieldCT4610.91
University of Connecticut, School of BusinessStorrsCT603.56.52$30,736
University of Hartford, Barney School of BusinessWest HartfordCT532.5
University of New Haven, College of BusinessWest HavenCT466.34.16$42,660
U.S. Coast Guard AcademyNew LondonCT
Yale University, School of ManagementNew HavenCT
American University, Kogod School of BusinessWashingtonDC5885.24$79,449
The George Washington University, School of BusinessWashingtonDC671.78.73$100,904
Georgetown University, The McDonough School of BusinessWashingtonDC6694.17$112,440
Howard University, School of BusinessWashingtonDC
Delaware State University, College of BusinessDoverDE
University of Delaware, Alfred Lerner College of Business and EconomicsNewarkDE602.82.32$34,600
Barry University, D. Inez Andreas School of BusinessMiami ShoresFL5440.65$35,640
Florida Atlantic University, College of BusinessBoca RatonFL500.43.08$17,751
Florida Gulf Coast University, Lutgert College of BusinessFort MyersFL0.54$13,442
Florida International University, College of BusinessMiamiFL5620.23$35,000
Florida Southern College, Barney Barnett School of Business and Free EnterpriseLakelandFL3.63$33,400
Florida State University, College of BusinessTallahasseeFL566.81.88$18,768
Jacksonville University, Davis College of BusinessJacksonvilleFL2.63$26,640
Rollins College, College of Arts and Sciences and College of Professional StudiesWinter ParkFL
Roy E. Crummer Graduate School of Business, Rollins CollegeWinter ParkFL5.04$73,500
Stetson University, School of Business AdministrationDeLandFL5131.79$29,430
University of Central Florida, College of Business AdministrationOrlandoFL5701.89$17,743
University of Florida, Warrington College of Business AdministrationGainesvilleFL6048.11$26,473
University of Miami, School of Business AdministrationCoral GablesFL565.53.65$92,148
University of North Florida, Coggin College of BusinessJacksonvilleFL542.51.54$17,772
University of South Florida, Muma College of BusinessTampaFL
University of South Florida St. Petersburg, Kate Tiedemann College of BusinessSt. PetersburgFL5531.1
University of South Florida, Sarasota-Manatee, College of BusinessSarasotaFL485
The University of Tampa, John H. Sykes College of BusinessTampaFL5403.91$24,240
University of West Florida, College of BusinessPensacolaFL497.50.44$12,461
Augusta University, James M. Hull College of BusinessAugustaGA$9,022
Berry College, Campbell School of BusinessMount BerryGA
Clark Atlanta University, School of BusinessAtlantaGA
Clayton State University, School of BusinessMorrowGA2.39
Columbus State University, D. Abbott Turner College of BusinessColumbusGA460$10,011
Dalton State College, School of BusinessDaltonGA
Emory University, Goizueta Business SchoolAtlantaGA636.75.59$115,360
Georgia College & State University, J. Whitney Bunting School of BusinessMilledgevilleGA
Georgia Institute of Technology, Ernest Scheller Jr. College of BusinessAtlantaGA2.13$62,192
Georgia Southern University, College of Business AdministrationStatesboroGA4960.96$17,530
Georgia Southwestern State University, School of Business AdministrationAmericusGA2.4$8,580
Georgia State University, J. Mack Robinson College of BusinessAtlantaGA564.64.43
Kennesaw State University, Coles College of BusinessKennesawGA5590.3
Mercer University-Macon, Eugene W. Stetson School of Business and EconomicsMaconGA5250.61$32,098
Morehouse College, Division of Business Administration and EconomicsAtlantaGA
Savannah State University, College of Business AdministrationSavannahGA415
The University of Georgia, Terry College of BusinessAthensGA626.31.86$31,534
University of North Georgia, Mike Cottrell School of BusinessDahlonegaGA483
University of West Georgia, Richards College of BusinessCarrolltonGA4860.84$13,027
Valdosta State University, Harley Langdale, Jr. College of Business AdministrationValdostaGA1.64$10,450
University of Hawaii at Hilo, College of Business and EconomicsHiloHI
University of Hawaii at Manoa, Shidler College of BusinessHonoluluHI5404.06$42,576
Drake University, College of Business and Public AdministrationDes MoinesIA5501.46
Iowa State University, College of BusinessAmesIA551.51.75$22,807
The University of Iowa, Tippie College of BusinessIowa CityIA0.93$46,468
University of Northern Iowa, College of Business AdministrationCedar FallsIA5790.26$28,658
Boise State University, College of Business and EconomicsBoiseID2.72$18,026
Idaho State University, College of BusinessPocatelloID
University of Idaho, College of Business and EconomicsMoscowID1.33
Bradley University, Foster College of BusinessPeoriaIL567.51.25$28,050
DePaul University, Richard H. Driehaus College of BusinessChicagoIL5590.23$73,440
Dominican University, Brennan School of BusinessRiver ForestIL4142.84
Eastern Illinois University, Lumpkin College of Business and Applied SciencesCharlestonIL4841.04$13,358
Governors State University, College of BusinessUniversity ParkIL1.79$12,207
Illinois Institute of Technology, Stuart School of BusinessChicagoIL554.36.86$87,435
Illinois State University, College of BusinessNormalIL559.71.71$21,820
Loyola University Chicago, Quinlan School of BusinessChicagoIL568.55.13$86,592
Northeastern Illinois University, College of Business and ManagementChicagoIL
Northern Illinois University, College of BusinessDeKalbIL5454.55$42,000
Northwestern University, Kellogg School of ManagementEvanstonIL
Saint Xavier University, Graham School of ManagementChicagoIL12.29
Southern Illinois University Carbondale, College of BusinessCarbondaleIL5745.24$25,823
Southern Illinois University Edwardsville, School of BusinessEdwardsvilleIL594
The University of Chicago, Booth School of BusinessChicagoIL
University of Illinois at Chicago, College of Business AdministrationChicagoIL605.85.54$49,824
University of Illinois at Springfield, College of Business and ManagementSpringfieldIL51014.91$18,055
University of Illinois at Urbana-Champaign, Gies College of BusinessChampaignIL5.79$53,824
Western Illinois University, College of Business and TechnologyMacombIL
Ball State University, The Miller College of BusinessMuncieIN0.73$17,147
Butler University, College of Business AdministrationIndianapolisIN5790.6
Indiana State University, Scott College of BusinessTerre HauteIN
Indiana University Kokomo, School of BusinessKokomoIN3703.93$10,590
Indiana University Northwest, School of Business and EconomicsGaryIN4492.42
Indiana University South Bend, Judd Leighton School of Business and EconomicsSouth BendIN5050.74
Indiana University Southeast, School of BusinessNew AlbanyIN5250.45$14,886
Indiana University Bloomington/Indianapolis, Kelley School of BusinessBloomingtonIN611.94.67$55,202
Indiana University-Purdue University Fort Wayne, Richard T. Doermer School of Business and ManagementFort WayneIN650
Purdue University, Krannert School of ManagementWest LafayetteIN647.33.49$44,836
Purdue University NorthwestHammondIN2.01$48,000
University of Evansville, The Schroeder Family School of Business AdministrationEvansvilleIN
University of Notre Dame, Mendoza College of BusinessNotre DameIN638.35.47$103,164
University of Southern Indiana, Romain College of BusinessEvansvilleIN0.07$10,696
Valparaiso University, College of BusinessValparaisoIN5430.22$30,000
Emporia State University, School of BusinessEmporiaKS4721.87$11,583
Kansas State University, College of Business AdministrationManhattanKS5101.49$24,914
Pittsburg State University, Gladys A. Kelce College of BusinessPittsburgKS490.51.35$11,598
University of Kansas, School of BusinessLawrenceKS2.14$33,988
Washburn University, Washburn School of BusinessTopekaKS1.39
Wichita State University, W. Frank Barton School of BusinessWichitaKS485
Bellarmine University, W. Fielding Rubel School of BusinessLouisvilleKY4333.7
Eastern Kentucky University, College of Business and TechnologyRichmondKY4750.38$15,750
Morehead State University, College of Business and Public AffairsMoreheadKY3.34$17,370
Murray State University, The Arthur J. Bauernfeind College of BusinessMurrayKY4992.19$15,090
Northern Kentucky University, Haile/US Bank College of BusinessHighland HeightsKY
University of Kentucky, Carol Martin Gatton College of Business and EconomicsLexingtonKY1.57$33,486
University of Louisville, College of BusinessLouisvilleKY0.86$32,000
Western Kentucky University, Gordon Ford College of BusinessBowling GreenKY5500.35$18,900
Grambling State University, College of BusinessGramblingLA
Louisiana State University, E. J. Ourso College of BusinessBaton RougeLA580.82.9$34,400
Louisiana State University in Shreveport, College of Business, Education and Human DevelopmentShreveportLA10.63
Louisiana Tech University, College of BusinessRustonLA506.52.51$14,640
Loyola University New Orleans, College of BusinessNew OrleansLA0.77$41,897
McNeese State University, College of BusinessLake CharlesLA2.13$17,745
Nicholls State University, College of Business AdministrationThibodauxLA5040.37
Northwestern State University of Louisiana, School of BusinessNatchitochesLA
Southeastern Louisiana University, College of BusinessHammondLA4521.79$18,008
Southern University and A&M College, College of BusinessBaton RougeLA400
Southern University at New Orleans, College of Business and Public AdministrationNew OrleansLA3.66
Tulane University, A. B. Freeman School of BusinessNew OrleansLA6537.61$109,378
University of Louisiana at Lafayette, B. I. Moody, III College of Business AdministrationLafayetteLA
University of Louisiana at Monroe, College of Business and Social SciencesMonroeLA5400.72$16,915
University of New Orleans, College of Business AdministrationNew OrleansLA431.52.87$21,438
Babson College, F.W. Olin Graduate SchoolBabson ParkMA624.32.74$106,510
Bentley UniversityWalthamMA604.13.44$76,945
Boston College, Wallace E. Carroll School of ManagementChestnut HillMA6902.41$91,974
Boston University, Questrom School of BusinessBostonMA6912.98$103,837
Brandeis University, International Business SchoolWalthamMA7149.07$98,962
Clark University, Graduate School of ManagementWorcesterMA599.58.88$67,568
Harvard University, Harvard Business SchoolBostonMA
Massachusetts Institute of Technology, MIT Sloan School of ManagementCambridgeMA
Northeastern University, D’Amore-McKim School of BusinessBostonMA587.71.59$90,090
Simmons College, School of ManagementBostonMA
Stonehill College, Leo J. Meehan School of BusinessEastonMA
Suffolk University, Sawyer Business SchoolBostonMA573.32.09$68,149
University of Massachusetts Amherst, Isenberg School of ManagementAmherstMA0.84$31,226
University of Massachusetts Boston, College of ManagementBostonMA533.63.21$68,872
University of Massachusetts Dartmouth, Charlton College of BusinessNorth DartmouthMA
University of Massachusetts Lowell, Manning School of BusinessLowellMA1.3$29,358
Western New England University, College of BusinessSpringfieldMA
Worcester Polytechnic Institute, Robert A. Foisie School of BusinessWorcesterMA5795.54$67,584
Frostburg State University, College of BusinessFrostburgMD0.69$18,180
Johns Hopkins Carey Business SchoolBaltimoreMD664.59.29$112,700
Loyola University Maryland, Sellinger School of Business and ManagementBaltimoreMD1.22$58,000
Morgan State University, Earl G. Graves School of Business and ManagementBaltimoreMD
Salisbury University, Franklin P. Perdue School of BusinessSalisburyMD0.6$13,440
Towson University, College of Business and EconomicsTowsonMD4920.29
University of Baltimore, Robert G. Merrick School of BusinessBaltimoreMD4991.58
University of Maryland Eastern Shore, School of Business and TechnologyPrincess AnneMD
University of Maryland, Robert H. Smith School of BusinessCollege ParkMD660.87.64$91,852
University of Maine, The Maine Business SchoolOronoME5461.57$11,732
University of Southern Maine, College of Management and Human ServicePortlandME5550.67
Central Michigan University, College of Business AdministrationMount PleasantMI2.29$19,728
Eastern Michigan University, College of BusinessYpsilantiMI494.71.23
Grand Valley State University, Seidman College of BusinessGrand RapidsMI545.31.2
Michigan State University, The Eli Broad College of BusinessEast LansingMI6082.88$60,038
Michigan Technological University, School of Business and EconomicsHoughtonMI5211.58$32,838
Northern Michigan University, College of BusinessMarquetteMI5050.83$23,818
Oakland University, School of Business AdministrationRochesterMI1.65$32,676
Saginaw Valley State University, College of Business and ManagementUniversity CenterMI0.76$21,144
University of Detroit Mercy, College of Business AdministrationDetroitMI2.03$55,332
The University of Michigan, Stephen M. Ross School of BusinessAnn ArborMI695.36.47$119,357
The University of Michigan-Dearborn, College of BusinessDearbornMI573.81.94$41,136
The University of Michigan-Flint, School of ManagementFlintMI524.60.67$29,559
Wayne State University, Mike Ilitch School of BusinessDetroitMI508.73.05$28,593
Western Michigan University, Haworth College of BusinessKalamazooMI5250.69$21,814
Minnesota State University Moorhead, College of Business and InnovationMoorheadMN
Minnesota State University, Mankato, College of BusinessMankatoMN0.32
St. Cloud State University, Herberger Business SchoolSaint CloudMN0.35$22,560
University of Minnesota Duluth, Labovitz School of Business and EconomicsDuluthMN
University of Minnesota, Carlson School of ManagementMinneapolisMN3.42$76,817
University of St. Thomas-Minnesota, Opus College of BusinessMinneapolisMN5050.63$68,720
Winona State University, College of BusinessWinonaMN
Drury University, Breech School of Business Administration and EconomicsSpringfieldMO5201.8$22,045
Missouri State University, College of Business AdministrationSpringfieldMO5653.74$11,819
Missouri University of Science and TechnologyRollaMO622.53.2$25,766
Missouri Western State University, Steven L. Craig School of BusinessSt. JosephMO0.99
Rockhurst University, Helzberg School of ManagementKansas CityMO531.33.79
Saint Louis University, John Cook School of BusinessSt. LouisMO566.83.55$56,660
Southeast Missouri State University, Donald L. Harrison College of BusinessCape GirardeauMO
Truman State University, School of BusinessKirksvilleMO5901.24
University of Central Missouri, Harmon College of Business and Professional StudiesWarrensburgMO14.19$21,000
University of Missouri, Robert J. Trulaske, Sr. College of BusinessColumbiaMO6453.86$29,630
University of Missouri-Kansas City, Henry W. Bloch School of ManagementKansas CityMO2.34$61,500
University of Missouri-St. Louis, College of Business AdministrationSt. LouisMO482.52.16$24,608
Washington University in St. Louis, Olin Business SchoolSt. LouisMO5.48$110,800
Jackson State University, College of BusinessJacksonMS
Millsaps College, Else School of ManagementJacksonMS3.9$29,940
Mississippi State University, College of BusinessMississippi StateMS3.36$10,909
The University of Mississippi, School of Business AdministrationOxfordMS5760.69$19,163
University of Southern Mississippi, College of BusinessHattiesburgMS439.31.63$14,008
Montana State University, College of BusinessBozemanMT4390.56
Montana State University-Billings, College of BusinessBillingsMT
University of Montana, College of BusinessMissoulaMT531.74.45$9,271
Appalachian State University, Walker College of BusinessBooneNC5101.28$19,981
Duke University, The Fuqua School of BusinessDurhamNC660.313.79$126,032
East Carolina University, College of BusinessGreenvilleNC5141.98$23,718
Elizabeth City State University, Walter R. Davis School of Business and EconomicsElizabeth CityNC
Elon University, Martha and Spencer Love School of BusinessElonNC587.5
Fayetteville State University, School of Business and EconomicsFayettevilleNC
Meredith College, School of BusinessRaleighNC4.62$31,185
North Carolina A&T State University, College of Business and EconomicsGreensboroNC
North Carolina Central University, School of BusinessDurhamNC1.84$21,192
North Carolina State University, Poole College of ManagementRaleighNC5572.72$50,303
Queens University of Charlotte, McColl School of BusinessCharlotteNC
The University of North Carolina at Asheville, Department of Management and AccountancyAshevilleNC
The University of North Carolina at Chapel Hill, Kenan-Flagler Business SchoolChapel HillNC673.55.6$86,212
University of North Carolina at Charlotte, The Belk College of BusinessCharlotteNC6105.99$19,917
The University of North Carolina at Greensboro, Joseph M. Bryan School of Business and EconomicsGreensboroNC5761.36$25,521
The University of North Carolina at Pembroke, School of BusinessPembrokeNC0.82$14,730
University of North Carolina Wilmington, Cameron School of BusinessWilmingtonNC1.5$15,284
Wake Forest University, Schools of BusinessWinston-SalemNC6389.15$76,830
Western Carolina University, College of BusinessCullowheeNC438.71.07$15,930
Winston-Salem State University, School of Business and EconomicsWinston-SalemNC3341.32
North Dakota State University, College of BusinessFargoND2.21$13,270
The University of North Dakota, College of Business and Public AdministrationGrand ForksND5860.5$12,296
Creighton University, Heider College of BusinessOmahaNE522.6
University of Nebraska at Kearney, College of Business and TechnologyKearneyNE0.23$8,725
University of Nebraska at Omaha, College of Business AdministrationOmahaNE6171.22
University of Nebraska-Lincoln, College of BusinessLincolnNE585.70.91
Dartmouth College, Tuck School of Business at DartmouthHanoverNH
University of New Hampshire, Peter T. Paul College of Business and EconomicsDurhamNH5520.47$33,080
The College of New Jersey, School of BusinessEwingNJ
Fairleigh Dickinson University, Silberman College of BusinessTeaneckNJ5.52$62,648
Monmouth University, Leon Hess Business SchoolWest Long BranchNJ4631.43$51,920
Montclair State University, School of BusinessMontclairNJ
New Jersey Institute of Technology, School of ManagementNewarkNJ511.52.6$43,628
Ramapo College of New Jersey, Anisfield School of BusinessMahwahNJ1.57$46,137
Rider University, College of Business AdministrationLawrencevilleNJ4580.96$35,190
Rowan University, Rohrer College of BusinessGlassboroNJ
Rutgers-The State University of New Jersey-Camden, Rutgers School of BusinessCamdenNJ545.77.34$45,852
Rutgers-The State University of New Jersey-Newark/New Brunswick, Rutgers Business SchoolNewarkNJ596.72.64$56,987
Seton Hall University, Stillman School of BusinessSouth OrangeNJ522.71.76
Stevens Institute of Technology, School of BusinessHobokenNJ604.312.45$69,028
Stockton University, School of BusinessGallowayNJ460
William Paterson University, Cotsakos College of BusinessWayneNJ0.87$33,024
New Mexico State University, College of BusinessLas CrucesNM2.95$9,882
The University of New Mexico, The Robert O. Anderson School of ManagementAlbuquerqueNM
University of Nevada, Las Vegas, Lee Business SchoolLas VegasNV
University of Nevada, Reno, College of Business AdministrationRenoNV5031.67
Adelphi University, Robert B. Willumstad School of BusinessGarden CityNY4502.99$60,040
Alfred University, College of BusinessAlfredNY2.59$38,020
Baruch College-The City University of New York, The Zicklin School of BusinessNew YorkNY628.90.52$34,518
Binghamton University, State University of New York, School of ManagementBinghamtonNY
Canisius College, Richard J. Wehle School of BusinessBuffaloNY4803.55$40,668
Clarkson University, David D. Reh School of BusinessPotsdamNY5373.19$50,050
Columbia University, Columbia Business SchoolNew YorkNY
Cornell University, College of BusinessIthacaNY
Fordham University, Gabelli School of BusinessBronxNY609.65.93$82,344
Hofstra University, Frank G. Zarb School of BusinessHempsteadNY551.51.39$58,415
Iona College, Hagan School of BusinessNew RochelleNY2.42$63,154
Ithaca College, School of BusinessIthacaNY0.57$34,236
Le Moyne College, Madden School of Business at LeMoyneSyracuseNY473.31.56$34,134
Long Island University-Post Campus, College of ManagementBrookvilleNY
Manhattan College, School of BusinessRiverdaleNY1.57$40,630
Marist College, School of ManagementPoughkeepsieNY
New York Institute of Technology, School of ManagementOld WestburyNY
New York University, Leonard N. Stern School of BusinessNew YorkNY
Niagara University, College of Business AdministrationNiagara UniversityNY5.64$48,330
Pace University, Lubin School of BusinessNew YorkNY521.33.84$48,590
Rensselaer Polytechnic Institute, Lally School of ManagementTroyNY6696.05$75,951
Rochester Institute of Technology, Saunders College of BusinessRochesterNY5654.28$85,918
Siena College, School of BusinessLoudonvilleNY0.78
St. Bonaventure University, School of BusinessSt. BonaventureNY2.29$26,388
St. John Fisher College, School of BusinessRochesterNY5001.78$31,800
St. John’s University, The Peter J. Tobin College of BusinessQueensNY548.13.32$43,160
State University of New York at Geneseo, School of BusinessGeneseoNY5600.67
State University of New York at New Paltz, School of BusinessNew PaltzNY4982.19$21,702
State University of New York at Oswego, School of BusinessOswegoNY2.04$25,297
State University of New York College at Brockport, School of Business and ManagementBrockportNY0.42
State University of New York College at Oneonta, School of Economics and BusinessOneontaNY
State University of New York College at Plattsburgh, School of Business and EconomicsPlattsburghNY
State University of New York Polytechnic Institute, College of Business ManagementUticaNY2.92$31,434
Syracuse University, The Martin J. Whitman School of ManagementSyracuseNY
University at Albany, State University of New York, School of BusinessAlbanyNY527.53.39$32,034
University at Buffalo, State University of New York, School of ManagementBuffaloNY583.25.83$35,631
University of Rochester, William E. Simon Graduate School of BusinessRochesterNY680.89.18$108,551
Yeshiva University, Sy Syms School of BusinessNew YorkNY2.12
Bowling Green State University, College of Business AdministrationBowling GreenOH4941.5$17,493
Case Western Reserve University, Weatherhead School of ManagementClevelandOH677.810.03$76,500
Cleveland State University, Ahuja College of BusinessClevelandOH4883.2$18,328
John Carroll University, John M. and Mary Jo Boler School of BusinessUniversity HeightsOH607.51.56$28,215
Kent State University, College of Business AdministrationKentOH5301.23$30,680
Farmer School of Business, Miami UniversityOxfordOH606.50.21
Ohio Northern University, College of Business AdministrationAdaOH5651.55
The Ohio State University, Max M. Fisher College of BusinessColumbusOH6473.41$62,278
Ohio University, College of BusinessAthensOH
The University of Akron, College of Business Administration & School of AccountancyAkronOH525.30.29$33,000
University of Cincinnati, Carl H. Lindner College of BusinessCincinnatiOH5882.72$31,437
University of Dayton, School of Business AdministrationDaytonOH540
University of Toledo, College of Business and InnovationToledoOH4926.18$21,823
Wright State University, Raj Soin College of BusinessDaytonOH5.86$20,214
Xavier University, Williams College of BusinessCincinnatiOH556.71.99$31,161
Youngstown State University, The Warren P. Williamson, Jr. College of Business AdministrationYoungstownOH
Oklahoma City University, Meinders School of BusinessOklahoma CityOK1.01$25,380
Oklahoma State University, Spears School of BusinessStillwaterOK5612.16$16,921
Southeastern Oklahoma State University, John Massey School of BusinessDurantOK2.56$11,880
University of Oklahoma, Michael F. Price College of BusinessNormanOK606.42.06$22,844
The University of Tulsa, Collins College of BusinessTulsaOK595.53.75$44,978
Oregon State University, College of BusinessCorvallisOR605.52.08$21,063
Portland State University, School of Business AdministrationPortlandOR504.70.54$45,120
University of Oregon, Charles H. Lundquist College of BusinessEugeneOR5933.08$61,933
University of Portland, Dr. Robert B. Pamplin, Jr. School of Business AdministrationPortlandOR6801.24$51,630
Willamette University, Atkinson Graduate School of ManagementSalemOR5477.08$80,210
Bloomsburg University of Pennsylvania, College of BusinessBloomsburgPA0.73$21,248
Bucknell University, College of ManagementLewisburgPA
Carnegie Mellon University, Tepper School of BusinessPittsburghPA7048.85$124,460
Clarion University of Pennsylvania, College of Business Administration and Information SciencesClarionPA4557.13$22,946
Drexel University, Bennett S. LeBow College of BusinessPhiladelphiaPA562.32.75$64,000
Duquesne University, A.J. Palumbo School of Business AdministrationPittsburghPA536.71.44$54,831
Indiana University of Pennsylvania, Eberly College of Business and Information TechnologyIndianaPA
King’s College, The William G. McGowan School of BusinessWilkes-BarrePA
Kutztown University, College of BusinessKutztownPA4510.43$17,229
La Salle University, School of BusinessPhiladelphiaPA7.06$45,000
Lehigh University, College of Business and EconomicsBethlehemPA690.31.66$40,535
The Pennsylvania State University, Smeal College of BusinessUniversity ParkPA616.55.31$25,436
The Pennsylvania State University at Erie The Behrend College, Sam and Irene Black School of BusinessEriePA5300.52$26,220
The Pennsylvania State University at Harrisburg, School of Business AdministrationMiddletownPA6001.09$41,312
The Pennsylvania State University Great Valley School of Graduate Professional StudiesMalvernPA5871.53$44,580
Robert Morris University, School of BusinessMoon TownshipPA509
Saint Joseph’s University, Erivan K. Haub School of BusinessPhiladelphiaPA3.03$33,099
Shippensburg University, John L. Grove College of BusinessShippensburgPA5.44$18,720
Susquehanna University, Sigmund Weis School of BusinessSelinsgrovePA
Temple University, The Fox School of BusinessPhiladelphiaPA5623.28$65,116
University of Pennsylvania, The Wharton SchoolPhiladelphiaPA
University of Pittsburgh, The Joseph M. Katz Graduate School of BusinessPittsburghPA626.13.41$51,028
University of Scranton, The Arthur J. Kania School of ManagementScrantonPA5351.6$34,940
Villanova University, Villanova School of BusinessVillanovaPA610.50.72
West Chester University, College of Business and Public AffairsWest ChesterPA535$16,719
Widener University, School of Business AdministrationChesterPA5.09$33,056
Universidad del Turabo, School of Business and EntrepreneurshipTuraboPR
University of Puerto Rico at Rio Piedras, College of Business AdministrationSan JuanPR5252.18$7,611
Bryant University, School of BusinessSmithfieldRI
Providence College, School of BusinessProvidenceRI
Roger Williams University, Gabelli School of BusinessBristolRI
The University of Rhode Island, College of Business AdministrationKingstonRI
The Citadel, Tommy and Victoria Baker School of BusinessCharlestonSC4890.66$27,312
Clemson University, College of Business and Behavioral ScienceClemsonSC544.53.02$37,332
Coastal Carolina University, E. Craig Wall Sr. College of Business AdministrationConwaySC397.50.84$16,800
College of Charleston, School of BusinessCharlestonSC558.50.97$29,945
Francis Marion University, School of BusinessFlorenceSC1.87$16,407
Lander University, College of BusinessGreenwoodSC
South Carolina State University, College of Business and Applied Professional SciencesOrangeburgSC
University of South Carolina, Darla Moore School of BusinessColumbiaSC6161.51$43,342
University of South Carolina Aiken, School of Business AdministrationAikenSC6350.83
University of South Carolina Upstate, George Dean Johnson, Jr. College of Business and EconomicsSpartanburgSC
Winthrop University, College of Business AdministrationRock HillSC484$23,265
Black Hills State University, College of Business and Natural SciencesSpearfishSD
University of South Dakota, Beacom School of BusinessVermillionSD531.12.11$13,462
Belmont University, College of Business AdministrationNashvilleTN
East Tennessee State University, College of Business and TechnologyJohnson CityTN5301.37$19,822
Middle Tennessee State University, Jennings A. Jones College of BusinessMurfreesboroTN3.1$11,420
Tennessee State University, College of BusinessNashvilleTN2.58$17,424
Tennessee Technological University, College of BusinessCookevilleTN4791.29$18,660
Union University, McAfee School of Business AdministrationJacksonTN5008.72$20,700
The University of Memphis, Fogelman College of Business and EconomicsMemphisTN2.28$22,924
University of Tennessee at Chattanooga, School of BusinessChattanoogaTN522.3$19,752
University of Tennessee at Knoxville, Haslam College of BusinessKnoxvilleTN588.63.97$39,787
University of Tennessee at Martin, College of Business and Global AffairsMartinTN4940.78$20,976
Vanderbilt University, Owen Graduate School of ManagementNashvilleTN647.88.34$112,902
Abilene Christian University, College of Business AdministrationAbileneTX3.46$25,200
Baylor University, Hankamer School of BusinessWacoTX594.82.32$72,650
Lamar University, College of BusinessBeaumontTX5101.15$17,816
Midwestern State University, Dillard College of Business AdministrationWichita FallsTX5110.52$11,298
Prairie View A&M University, College of BusinessPrairie ViewTX5.29
Rice University, Jesse H. Jones Graduate School of BusinessHoustonTX6548.54$114,891
Sam Houston State University, College of Business AdministrationHuntsvilleTX5260.82$14,271
Southern Methodist University, Edwin L. Cox School of BusinessDallasTX
St. Mary’s University, Greehey School of BusinessSan AntonioTX5211.63$32,014
Stephen F. Austin State University, Nelson Rusche College of BusinessNacogdochesTX1.87$12,854
Texas A&M International University, A.R. Sanchez, Jr. School of BusinessLaredoTX4186.32$9,700
Texas A&M University, Mays Business SchoolCollege StationTX636.95.49$40,638
Texas A&M University-Commerce, College of Business and EntrepreneurshipCommerceTX23.55$9,742
Texas A&M University-Corpus Christi, College of BusinessCorpus ChristiTX
Texas Christian University, Neeley School of BusinessFort WorthTX601.31.53$98,370
Texas Southern University, Jesse H. Jones School of BusinessHoustonTX3344.35$7,556
Texas State University, McCoy College of BusinessSan MarcosTX489.81.36$23,894
Texas Tech University, Rawls College of Business AdministrationLubbockTX573.35.13$18,928
Texas Wesleyan University, School of Business Administration and Professional ProgramsFort WorthTX4651.66
Trinity University, School of BusinessSan AntonioTX5940.43
University of Dallas, Satish & Yasmin Gupta College of BusinessIrvingTX12.35$37,500
University of Houston, C.T. Bauer College of BusinessHoustonTX566.83.15$40,000
University of Houston-Clear Lake, College of BusinessHoustonTX465$19,342
University of Houston-Downtown, Davies College of BusinessHoustonTX0.06$18,088
University of Houston-Victoria, School of Business AdministrationVictoriaTX3.05$21,484
University of North Texas, College of BusinessDentonTX533.73.16$16,331
University of St. Thomas-Houston, Cameron School of BusinessHoustonTX421.5
The University of Texas at Arlington, College of BusinessArlingtonTX353$18,436
The University of Texas at Austin, Red McCombs School of BusinessAustinTX651.18.22$70,648
The University of Texas at Dallas, Naveen Jindal School of ManagementRichardsonTX599.211.77$39,383
The University of Texas at El Paso, College of Business AdministrationEl PasoTX475.54.16$25,526
The University of Texas at San Antonio, College of BusinessSan AntonioTX550.62.66$17,759
The University of Texas at Tyler, College of Business and TechnologyTylerTX5667.74
The University of Texas of the Permian Basin, College of Business and EngineeringOdessaTX4221.79$8,347
The University of Texas Rio Grande Valley, Robert C. Vackar College of Business and EntrepreneurshipBrownsvilleTX4420.73$12,738
West Texas A&M University, College of BusinessCanyonTX5354.6$16,000
Brigham Young University, Marriott School of ManagementProvoUT640.54.16$24,620
Southern Utah University, School of BusinessCedar CityUT4970.63$13,680
University of Utah, David Eccles School of BusinessSalt Lake CityUT558.79.62$55,836
Utah State University, Jon M. Huntsman School of BusinessLoganUT4.18$28,688
Utah Valley University, Woodbury School of BusinessOremUT0.85$21,678
Weber State University, John B. Goddard School of Business & EconomicsOgdenUT576.31.15$17,574
Christopher Newport University, Joseph W. Luter, III School of BusinessNewport NewsVA
College of William and Mary, Raymond A. Mason School of BusinessWilliamsburgVA620.86.17$64,098
George Mason University, School of BusinessFairfaxVA550.53.52
James Madison University, College of BusinessHarrisonburgVA5480.55
Longwood University, College of Business and EconomicsFarmvilleVA0.27$20,520
Norfolk State University, School of BusinessNorfolkVA
Old Dominion University, Strome College of BusinessNorfolkVA535.70.54$20,708
Radford University, College of Business and EconomicsRadfordVA4820.15$21,916
Shenandoah University, Harry F. Byrd, Jr. School of BusinessWinchesterVA
University of Richmond, Robins School of BusinessRichmondVA614
University of Virginia-Darden, Darden School of BusinessCharlottesvilleVA663.511.13$121,200
University of Virginia-McIntire, McIntire School of CommerceCharlottesvilleVA6643.51
Virginia Commonwealth University, School of BusinessRichmondVA4.35$20,921
Virginia Military InstituteLexingtonVA
Virginia Polytechnic Institute and State University, Pamplin College of BusinessBlacksburgVA606.71.09
Virginia State University, Reginald F. Lewis College of BusinessPetersburgVA
Washington and Lee University, Williams School of Commerce, Economics, and PoliticsLexingtonVA
University of Vermont, School of Business AdministrationBurlingtonVT5891.59$28,804
Central Washington University, College of BusinessEllensburgWA6400.4
Eastern Washington University, College of Business and Public AdministrationSpokaneWA5380.49$22,724
Gonzaga University, School of Business AdministrationSpokaneWA566.72.38$32,175
Pacific Lutheran University, School of BusinessTacomaWA456.53.27$48,980
Seattle Pacific University, School of Business, Government, and EconomicsSeattleWA451.31.15$57,456
Seattle University, Albers School of Business and EconomicsSeattleWA573.33.46$46,680
University of Washington Bothell, School of BusinessBothellWA5070.79
University of Washington Tacoma, Milgard School of BusinessTacomaWA1.81
University of Washington, Michael G. Foster School of BusinessSeattleWA6442.81$62,400
Washington State University, Carson College of BusinessPullmanWA5955.31$25,216
Western Washington University, College of Business and EconomicsBellinghamWA5760.36$23,100
Marquette University, College of Business Administration & Graduate School of ManagementMilwaukeeWI5902.47
University of Wisconsin Oshkosh, College of BusinessOshkoshWI0.3$25,975
University of Wisconsin-Eau Claire, College of BusinessEau ClaireWI
University of Wisconsin-La Crosse, College of Business AdministrationLa CrosseWI0.12$10,092
University of Wisconsin-Madison, Wisconsin School of BusinessMadisonWI6592.21$34,617
University of Wisconsin-Milwaukee, Sheldon B. Lubar School of BusinessMilwaukeeWI5200.59$28,282
University of Wisconsin-Parkside, School of Business and TechnologyKenoshaWI0.8$13,895
University of Wisconsin-River Falls, College of Business and EconomicsRiver FallsWI2.28$36,800
University of Wisconsin-Stevens Point, School of Business and EconomicsStevens PointWI
University of Wisconsin-Whitewater, College of Business and EconomicsWhitewaterWI4806.15$18,236
Marshall University, Lewis College of BusinessHuntingtonWV471.54.49$29,680
West Virginia University, College of Business and EconomicsMorgantownWV532.52.93$27,972
University of Wyoming, College of BusinessLaramieWY

10 Factors to Consider When Choosing a Business School

Let’s say you graduated from college five or even ten years ago and are working full time at an acceptable job; or maybe you didn’t finish college or always wanted to go and never got the chance due to circumstances that just happened. You are sitting at your desk at work, and there is a new opportunity, but it requires that business degree. Maybe, you are sitting at your desk doing the same unchallenging task each day, but you are receiving correspondence from another department, and the work there seems so much more interesting. You think that you have finally found your calling. The scenarios are endless but what is certain is that you are unfulfilled in your current job or career. Before you choose which school and program may suit your purposes, consider as many facts as you can gather.

1. Will You Consider Part-Time or Full-Time Programs?

If you are in a situation where you could not possibly leave your current position as you pursue your education, you will have no choice but to choose a part-time program. This is not an easy path, even if it is a practical one. Working full time while studying and possibly having other family responsibilities is challenging. You will need the support of your family as well as your employer. Check with your employer to see if it offers an educational assistance program. If so, you may be able to exclude $5250 off certain educational costs from your income.

2. Will You Attend In-Person or Online?

If you have a school nearby and decide on a part-time option, you may decide to attend in-person. Advantages include feeling more a part of a community, better opportunities to ask questions of professors, more on-campus amenities (gym, counseling center, tutoring center), greater separation between school, work, and home. The negatives include the extra commuting time, the stress of taking a course at one time only, and possibly being too tired to take that course at the given time. Be careful when you apply to a school as even some online schools have one or two weeks of residency required. You may need to use your vacation time from work unless your employer agrees to grant you paid leave. Due to the Coronavirus, it is very confusing right now to distinguish between schools that are online all the time and those that have gone online due to the virus. Be careful if you are choosing an online program that it will remain online – even when things are back to normal.

3. Will You Stay Close to Home?

If you decide on a full-time option, will you stay close to home? This obviously depends on your current living situation. Do you have a partner who is working or going to school in your area? Do you take care of a sibling or elderly parent or grandparent in your location? Due to a large number of online schools, it is not necessary to move to an on-campus environment unless you want the benefit of that experience. There are business schools that offer unusual technology centers and other perks that are meant to be utilized in-person. For example, at The University of Chicago Booth School of Business, the Polsky Center for Entrepreneurship and Innovation teachers practical entrepreneurial skills with real-life oriented courses and labs. It is just one of many schools offering international options in worldwide cities – something more to consider when choosing a school. Take the case of Embry-Riddle Aeronautical University. Would you want to miss out on a Research Park that brings students together with business, entrepreneurs, start-ups, and of course, university researchers?

4. What Is the Cost and How Will You Manage It?

Check with your employer to see if it offers an educational assistance program. If so, you may be able to exclude $5250 off certain educational costs from your income. If you have college credit in any subject or completed an undergraduate degree, you may be able to transfer a good number of credits to an undergraduate degree in business. In fact, if you have been working in a business-related field of any kind, you may be able to transfer your real-life experience into college credits towards your new undergraduate business degree. You may receive credit for courses you took at work or present a type of portfolio to show knowledge in a course for a prior learning assessment. It is more difficult to transfer credits to an MBA program except from an earlier graduate business program of some kind. When pursuing an undergraduate business degree, there could be large differences between being an in-state or out-of-state student. You should see what your in-state options are if you want to cut down on costs. However, some of the MBA programs offer the same cost whether you are an in-state or out-of-state student.

5. Will You Have to Take the ACT or SAT or GRE or the GMAT?

Due to the current Coronavirus crisis, many schools are currently waiving the ACT or SAT, and some schools are trying 3-year pilot programs waiving these requirements and considering eliminating them permanently. Other schools have already decided to eliminate the testing requirement as not representative of whether students will succeed. As for the GRE and GMAT, most MBA programs do require one or the other, but always make sure if the GRE is accepted. Further, if you have been working for several years, many schools will consider a request for a waiver of the GRE or GMAT as you are more of a known quantity

6. How Many Credits Will You Need to Get Your Degree?

This is important. The number of credits varies dramatically between programs. Most undergraduate business degrees require a minimum of 120 credits, but some require more. They are split between your core classes and your area of concentration which we will get to later. MBA degrees vary more dramatically. For example, you will need just 35 credits for your Ohio University MBA, but Syracuse University will require 54 credits. In fact, some schools offer a way to get both your undergraduate business degree and your MBA in an abbreviated fashion with fewer credits than if you pursued them separately.

7. How Long Will It Take to Get Your Degree?

This, of course, depends on whether you are going part-time or full-time. However, there are other aspects to consider. Even online, some Universities only allow you to take courses that match the on-campus schedule of resident students. This tends to give you fewer opportunities to earn credits. There may also be limits on how many courses you are permitted to take online at one time. The more periods of time to take courses, the more courses you generally should be able to take. Of course, keep in mind that with a more intensive six or eight-week “semester,” the courses will be concentrated and require extreme amounts of study and work.

8. What Is Your Goal?

This is one of the harder questions. Now that you have been working, is there an area you are eyeing to study? Do you plan to remain with your current employer and move to a different department when a job opens? Have you been working in the health care industry, and now want to move into health care administration with an MBA in that concentration? Do you realize that you will get no further salary-wise without completing your undergraduate degree? Do you want a more “concrete” profession such as accounting or are you striving to become a Certified Financial Planner? The areas of concentration are endless; some schools have over 20 with most schools having under 10. Some of the most common concentrations are finance, marketing, accounting, operations, entrepreneurship, but no matter what your choice, there is a school for that choice!

9. When Do You Apply?

Since you probably have been out of school awhile, it would be good to send away for copies of your transcripts from all your college education – just don’t open them. Applications may have to mimic resident students – even if you are online. In many cases, rolling admissions exist, and you apply either at many different times during the year or any time during the year. Then, in many cases, your application is considered as soon as it is received. Many schools have waived the application cost in recent years.

10. What Else Can Help Me Decide What to Do?

There are many ranking services available. If you are only considering U.S. schools, you can use U.S. News and World Report rankings and the Princeton Review for undergraduate schools as well as graduate schools. To consider world rankings for MBA programs, you can also consider the Financial Times or The Economist, or Bloomberg Businessweek rankings. If you wish to heavily focus on the return on investment, look at the Forbes MBA Rankings. Only one question is considered – is the MBA worth it?

Even if you go to through this exercise, you will still have to decide what is important to you. Will you plunge headlong into a full-time on-campus program, or will you try just one course online in your desired field and then decide? A lot of that decision will depend on your personal family and financial circumstances. However, with dedication and a spirited attitude, you can find a way to succeed at a career that you genuinely want and that will be worth the short term sacrifices that you must undertake.

Understanding Business School Accreditation

Accreditation has a long history in American institutions of higher learning dating back to the onset of ensuring accountability on behalf of the general public. Originally broken into six regional accrediting organizations, the scope has expanded to include dozens of accrediting agencies moving beyond regional norms to include programmatic and international benchmarks.

What is Accreditation?

Accreditation is another word for quality assurance. It is a voluntary process undertaken by institutions of higher education, or programs within the academic unit, that involves an independent accrediting body appraising the educational goals, activities, and/or outcomes of a university or program. It is both a time-intensive and cost-intensive process as institutions pay accreditors, usually over the course of several weeks, to evaluate their academic standards. This meticulous evaluation process is extensive and typically includes the following:

  • Research support, library resources, and administrative scale
  • Student satisfaction and alumni outcomes
  • Graduation, enrollment, and retention rates
  • Faculty and staff qualifications, educational attainment, and expertise

A university must be approved by at least one federally recognized accreditation agency for students to be eligible for federal aid. It is also required before alumni can complete licensing exams such as a teaching certificate. Accreditation is an integral part of the higher learning experience and supports academic institutions and students alike.

Institutional v. Programmatic Accreditation

Accreditation is separated into two categories: institutional and programmatic. Institutional accreditation affirms the entire university or college adheres to the qualifications of its accrediting body. On the other hand, programmatic accreditation speaks to a much more in-depth analysis of a professional or specialized program within the institution.
Institutional accreditation is further divided into two subcategories, regional and national accreditors, each with unique standards based on common practices. Additionally, professional and post-secondary institutions that may otherwise be considered program-specific operate under the purview of institutional accrediting bodies since they function as free-standing units.

For business schools, institutional accreditation usually reigns supreme. Despite programmatic accreditation, some business programs see it as insufficient without coinciding institutional accreditation.
Key Business Accreditors

AACSB (Association to Advance Collegiate Schools of Business)

Founded in 1916, the Association to Advance Collegiate Schools of Business is one of the oldest and most studied accreditation bodies for business schools both domestically and internationally. With a list of 15 business accreditation metrics—strategic management and innovation; students, faculty, and professional staff; academic and professional engagement; and learning and teaching—and a supplemental six accounting standards, the AACSB is a constantly evolving accrediting agency shaping its standards to meet modern expectations. Upon fulfilling the weeks-long process, institutions undergo a review procedure every five years to certify standards are properly maintained. Business schools that boast AACSB accreditation are, generally, sought after due to the rigor of the accreditation process and legacy of the accrediting agency. Only 25 percent of U.S. business schools meet AACSB standards for accreditation.

ACBSP (Accreditation Council for Business Schools and Programs)

The Accreditation Council for Business Schools and Programs was the first agency to offer accreditation at every educational level in the U.S. While relatively new, the ACBSP has over 1,200 member campuses across 11 geographic regions and helps programs keep up-to-date with industry standards as a learning-outcome focused agency. The ACBSP adheres to the public-private Baldrige Education Criteria for Performance Excellence, which offers additional organizational criteria by evaluating faculty credentials, academic support, strategic planning, and leadership for business schools seeking an ACBSP accreditation. Universities undergo a quality assurance review every two years, but accreditation is awarded on a 10-year basis.

IACBE (International Accreditation Council for Business Education)

The newest accrediting body, the International Accreditation Council for Business Education was founded in 1997 and is a relatively large accreditor with more than 2,000 business programs around the world. Created to prioritize the relationship between an institution’s mission and student success, the IACBE is a favorite among student-focused universities and programs. Offering more lenient criteria, most small business schools have an IACBE accreditation compared to the more coveted AACSB or even ACBSP. Specializing in alumni outcomes, the IACBE largely evaluates student performance as an outcomes-based programmatic accreditor.

AMBA (Association of MBAs)

As its name suggests, the Associate of MBAs focuses on graduate-level business programs: MBA, MBM, DBA, and international business. It is considered the global standard for high-quality post-graduate business programs and is one of the few programmatic business accreditors. Complete with a thorough review process, programs awarded with the distinction of an AMBA accreditation are often considered global leaders in their respective fields.

EQUIS (EFMD Quality Improvement System)

The EFMD Quality Improvement System is known as the European standard in international business schools as a subsidiary of the European Foundation for Management Development. This highly prestigious accreditor ensures international excellence with its 10-point criteria that comprehensively appraises programs and offers a global merit system for business institutions. Primarily focused on management development, EQUIS cements its status as a global juggernaut with main offices in Hong Kong, Switzerland, Belgium, and the U.S. Along with the AMBA and AACSB, the EQUIS is 1/3 of the coveted Triple Accreditation honor awarded to less than 1 percent of business schools. Each of these accrediting bodies guarantees a degree of excellence in different areas and denotes the business world’s crème of the crop.

Conclusion – Accreditation determines the acceptability of transfer credit based on the minimum standards of a university or program’s accrediting body. Most importantly, it relays to students and their families an institution’s level of commitment to providing a rigorous learning environment and its capacity to produce adept business leaders, entrepreneurs, and scholars ready to excel in their respective fields of study.

While accreditation is not a necessity for an institution or program, completing a degree from an accredited institution can open doors to graduate and doctoral programs or otherwise inaccessible job opportunities. Students are encouraged to seek out accredited business programs and contact institutions for information on their accreditation status.

Ranking Business School Programs

1. U.S. News and World Report Rankings of Best Business Schools

477 MBA programs accredited by the ASCSB s were surveyed in the Fall of 2019 and early 2020. Only 364 responded. Out of those 364, only 131 schools provided sufficient data to calculate rankings.

Factors making up the ratings are: Quality Assessment, Placement Success, Mean Starting Salary and Bonus, Student Selectivity, and Acceptance Rate.

Specialty rankings, including executive MBA programs, are only based on ratings by directors and business school deans of accredited MBA programs from the surveyed schools. They could nominate a maximum of 15 programs for excellence in each of the specialty areas. Business Schools are then ranked in descending order and included only if they have at least 7 or more nominations.

All 477 schools do appear in the directory with data provided by schools and school profile pages. All unranked schools receive an N.A. and are listed alphabetically. Only the top 3/4s of the ranked schools actually get numerically ranked.

Pros: Multiple types of MBA programs are ranked. If schools fail to provide data, the school still appears in the directory.

Cons: U.S. only programs; dependent on schools filling out surveys and less than one-third qualified for rankings; specialty programs based solely on ratings by directors and business school deans.

2. Financial Times MBA Rankings

The Financial Times ranks the world’s 100 top full-time MBA programs. For 2019 rankings, 150 schools participated. All schools must be accredited either by Equis or the AACSB.

Alumni are surveyed three years after completion; a minimum of 20% of alumni need respond to even enter the ranking calculations.

There are 20 different criteria with alumni contributing 8 of these which contribute 61% of the total weight. 29% comes from 11 other criteria calculated from school data. KPMG does an audit of a certain number of schools each year. The final 10% comes from the research rank.

Alumni criteria is actually based on data collected over three years with the latest year accounting for 50% and the two earlier years accounting for 25%. Two of the criteria are the alumni’s average income 3 years after graduation (20%) as well as salary increases compared with his/her pre-MBA salary (20%). Non-profit and public sector workers and full time students are not included.

A value for the money for each school is done by taking the average alumni salary from the above and dividing it by the total MBA cost. (3%)

Career services are weighted at 3%, Employment at 3 months at 2%, the percentage of female faculty at 2%, female students at 2% plus there are additional criteria.

Additional information is collected from the schools themselves including staff diversity and gender and nationality. Schools that have a 50-50 gender division receive the highest scores for that factor.

For the research rank, the number of articles by full-time faculty in 50 recognized publications is analyzed.

The newest category is Corporate Social Responsibility.

Pros: Looks at the world’s top 100 full time programs; 61% of ranking comes from alumni with 29% from school data and 10% from research. An audit is done. Excludes non-profit and public sector workers when looking at salaries of alumni.

Cons: Not clear how many world programs are surveyed; only 150 schools participated in the survey.

3. Academic Ranking of World Universities by the ShanghaiRanking Consultancy

Uses broader subject fields: Economics/Business.

This service uses rankings done by surveying professors from the top universities in the world. The participants’ names and institutions are published sans their answers.

There are two sets of questions. First, list the top tier journals in their main subject. Then, list the most “influential and credible” international awards in those subjects.

To qualify as a top journal, it must have more than 1 vote in one subject and have 50% or more votes in one subject. To qualify as a Top Award, an award must have more than 1 vote in one subject as well as 50% of more votes in one subject. A conference must have more than one vote to be a Top Conference.

454 professors only have participated in this survey by April of 2019.

To rank the universities, there are 6 objective factors such as the number of alumni and staff winning Nobel and Fields Medals, highly cited researched articles as selected by Clarivate Analytics, articles published in Nature and Science, articles indexed in the Science Citation Index and its expanded index as well as per capita performance of the school are considered. Over 1800 universities are ranked each year with the top 1000 published.

Pros: If a student is interested in research, this is the most research laden ranking. Over 1800 universities are actually ranked, and the top 1000 are published.

Cons: Only research related factors are considered; it is actually even narrower as it is based on winning top prestigious awards and published articles only in selected publications.

4. The Economist MBA Rankings

Data was collected in spring of 2019 by using two surveys: one to be completed by schools covering quantitative data such as graduates’ salaries, GMATS, and the number of registered alumni with 80% of the ranking weight and 20% from a qualitative survey completed by current MBA students and those who just graduated. They must rate the faculty, facilities, and career services and provide their salary details. There must be at least a 25% response rate or 50 students/alumni (the lower of) to even be included.

There was a verification check of data and auditing of questionnaires. There is a history built-in using weighted data from 2019 (50%), 2018 (30%) and 2017 (20%). Each business school receives a unique score. If differences between schools are slight, they are grouped together although the “tie” method is not used.

Factors considered are 35% for career opportunities; 35% for personal development/educational experience which is broken into faculty quality ranking at about 25% of that total, student quality at 25%, student diversity at 25% and educational experience at 25%.; 20% for increases in salary; and 10% for the potential to network.

Pros: World MBA programs are ranked; heavy quantitative data is used; data is audited.

Cons: Very little weight is given to qualitative data; only current MBA students and those who just graduated fill out surveys opposed to those from multiple years.

5. The Forbes MBA Rankings

This ranks the best business schools around the world. There is only one question is considered: Is the MBA worth it?

The only factor used is the median return on investment achieved by graduates back to 2014. Over 100 are analyzed with over 17,500 alumni surveyed looking at pre and post MBA comp, location, and career choice. There was a 25% response rate. If less than 15% of alumni responded, the school was eliminated. Also, if a school had a negative ROI after 5 years, it was eliminated.

A comparison of alumni salaries within 5 years out of MBA school with opportunity cost (two years without comp) is reviewed. The assumption is that comp would increase half as fast as post-MBA salary increases without the benefit of the MBA. For exchange rates, a 5-year average is used. Earnings gains are also discounted for the time value of money Discounted tuition for in-state rates and scholarships and non-loan financial aid is included.

Pros: If a student is laser-focused on whether an MBA is financially worthwhile, this may be the best choice.

Cons: There are so many other factors that usually go into deciding whether to get an MBA and where to go to get one that this system has limited use. It is relying on alumni data alone; if a school’s alumni don’t respond in sufficient numbers, the school will not even appear on the list.

6. Bloomberg Businessweek Rankings

Rankings are based on the premise that graduating students, recent alumni, and MBA recruiters are the key. Ratings are based on over 26,804 surveys of those three groups and employment data provided by the schools. There are four indices: “Compensation, Learning, Networking, and Entrepreneurship.”

Which factors matter the most are based on the survey takers’ opinions. Questions are mapped to one of the indices. Data was collected in 2019 for schools one might attend in 2020.

Each MBA program has a page highlighting school-specific data that was collected. An algorithm is used to find the most representative comments. Improvements this year include: the top 5 nationalities, movement of the school from the previous year, and whether a school certifies that it is following CSEA employment data standards and subject to CPA review. Instead of global rankings, there are regional pages for Europe, Asia, and Canada, and the U.S. Earnings receive 37.3% weight, Networking 25.7%, Learning 21.3%, and Entrepreneurship 15.7%.

On the surveys, there was a question to reveal the best thing about the MBA program. Using an algorithm, representative comments were found and published.

Pros: Uses mixed data from three different groups: graduating students, recent alumni, and recruiters; use of regional rankings which may make it less daunting if a future student is set on a region.

Cons: Not comparing all of the world schools against each other by using regions; not looking at further out alumni.

7. Princeton Review’s Best MBA Programs

There are two groups: Best on-campus MBA programs in 18 categories with the top 10 schools in each category as well as the top 25 online MBA programs. For on-campus, 17/18 of the lists either incorporate or are totally based on students’ opinions. The list “Toughest to Get Into” is based only on administration data. The 18 categories include such titles as “Best Classroom Experience”, “Best Career prospects”, “Best professors” and even “Best Green MBA” and “Greatest Resources for Women”. There are also divisions based on concentration fields such as finance and human resources. To qualify for the online MBA Ranking list, a school must offer the “majority of their program of study online.” It also looks at students surveys and institutional data. The students evaluate 30 unique fields and rate faculty, career pre, fellow students, and other areas.

The 2020 list is based on surveys from 26,700 students at 358 school as well as the administrators. The data surveyed covered the 2016-17, 2017-18, and 2018-2019 academic years. There were more than 60 data points with the areas divided between “academics, selectivity, faculty, technical platforms, and career outcomes.” Only those schools who participated were considered.

Pros: On-line MBA programs are ranked which is unusual. Schools are ranked in 18 different categories which can help potential students pinpoint their passion. Extensive student data is used. “Also, divisions based on concentration fields.
Cons: 17/18 of the on-campus program categories come solely from students’ opinions. This could lead to a skewed result.

8. Top Universities in the World

For these rankings, world programs are considered. In 2020, 240 programs were ranked and many more were analyzed. Data collected in early 2019 used three different surveys: employer, academic, and those completed by business schools. If a school doesn’t provide all the data, data from the other surveys as well as publicly available data is used to make an accurate estimate.

The school survey includes data such as salaries and class profiles. Alumni were not surveyed. Schools provided career progression info on their alumni. In most cases, both the 2018 graduation class and the incoming 2018 class were considered. The programs had to be mainly on-campus and full time to be counted with at least 10 students in a class. A majority of the indicators must be included on the survey response.

Employability ranked at 40%, Entrepreneurship and Alumni Outcomes at 15%, ROI at 20%, Thought Leadership at 15%, and Class & Faculty Diversity at 10%.

Employability is based on employers stating which schools they hire from. Employers across all sectors and industries participate. Also looked at are the employment rate and what happens at three months post-graduation.

Entrepreneurship & Alumni Outcome is determined by looking at over 60,000 CEO’s, execs, and board members at the largest world companies. This is then combined with the percentage of students from each program who have set up their own business.

Salary Increases are considered using a 10 year ROI approach.

Thought Leadership: Universities and business schools nominate (95,000 academics) which institutions are strongest in the subject area. Also considered are the research impact based on citations per paper (not citations per faculty member) and the percentage of faculty with a doctorate.

Diversity: The percentage of female students and faculty members and international faculty and international mix of MBA students are evaluated.

If a school doesn’t provide all the data, data is used from the other surveys as well as publicly available data to make an accurate estimate.

Pros: If incomplete data, estimates are used so those schools are not totally eliminated like other surveys. By analyzing 60,000 CEO’s, execs, and board members at largest companies, there is additional objective data that is not found in other surveys. Employer data is also used.

Cons: If information is missing, only estimates are used; alumni are not surveyed. Looking at three months post-graduation may be too early and inaccurate in imperfect economies.