
- The best business schools in the world are ranked each year by education specialists QS Quacquarelli Symonds.
- QS has released its 2020 Global MBA Ranking, evaluating more than 240 of the best business schools in the world.
- QS based its ranking on surveys of employers, academics, and business school programs, and evaluated MBA programs on employability, alumni outcomes, students’ return on investment, thought leadership, and diversity.
- This year, Wharton and Stanford tied for first place. Here are the top 50 global MBA programs, according to the QS rankings.
- Visit Business Insider’s homepage for more stories.
Higher- and business-education specialists QS Quacquarelli Symonds has released its 2020 Global MBA Ranking, evaluating more than 240 of the best business schools in the world.
QS ranked programs on employability for graduates, entrepreneurship and alumni outcomes, students’ return on investment as measured by post-graduation increases in salary, academic thought leadership, and class and faculty diversity.
QS based its rankings on three surveys: One survey of global employers to ascertain the reputation of MBA programs among top firms, one survey of academics to get a sense of schools’ academic and thought leadership reputations, and a survey completed by business schools themselves to gather basic information on programs and student outcomes.
Between 2015 and 2019, QS collected hundreds of thousands of university and business school nominations from nearly 45,000 unique global employers to the QS Global Employer Survey Over 95,000 academics from around the world responded to the QS Global Academic Survey.
See the full list of business schools on TopMBA.com. Here are the top 50 global MBA programs and how much they cost, according to QS rankings:
T-50. Cranfield grads earn an average post-graduation salary of $US50K to $US80K.
Location: Cranfield, UK
Tuition: $US40K to $US50K
Read more about Cranfield at TopMBA»
T-50: Michigan State (Eli Broad) grads earn an average post-graduation salary of $US100K to $US110K.
Location: East Lansing, MI
Tuition and fees: $US100K to $US110K
Read more about Michigan State at TopMBA»
T-50. Emory (Goizueta) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Atlanta, GA
Tuition: Over $US120K
Read more about Goizueta at TopMBA»
T-49. Georgetown (McDonough) grads earn an average post-graduation salary of $US110K to $US120K.
Location: Washington DC
Tuition and fees: N/A
Read more about Georgetown at TopMBA»
T-49. HKUST grads earn an average post-graduate salary of $US50K to $US80K.
Location: Hong Kong SAR
Tuition and fees: N/A
Read more about HKUST on TopMBA»
48. Manchester (Alliance) grads earn an average post-graduation salary of $US50K to $US80K.
Location: Manchester, UK
Tuition and fees: $US50K to $US60K
Read more about Alliance Manchester at TopMBA»
47. St. Gallen grads earn an average post-graduation salary of $US110K to $US120K.
Location: St. Gallen, Switzerland
Tuition and fees: $US40K to $US50K
Read more about St. Gallen at TopMBA»
46. EDHEC grads earn an average post-graduation salary of $US100K to $US110K.
Location: Nice, France
Tuition: $US50K to $US60K
Read more about EDHEC at TopMBA»
45. Dartmouth (Tuck) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Hanover, NH
Tuition: $US70K to $US80K
Read more about Tuck at TopMBA»
44. IIM Bangalore grads earn an average post-graduate salary of under $US50K.
Location: Bangalore
Tuition and fees: N/A
Read more about IIM Bangalore at TopMBA»
43. Nanyang NTU Singapore grads earn an average post-graduation salary of $US50K to $US80K.
Location: Singapore
Tuition and fees: N/A
Read more about Nanyang Business School at TopMBA»
42. UNSW (Australian Graduate School of Management) grads earn an average post-graduation salary of $US80K to $US90K.
Location: Sydney, Australia
Tuition: $US60K to $US70K
Read more about the Australian Graduate School of Management at TopMBA»
41. Frankfurt School of Finance & Management grads earn an average post-graduation salary of $US50K to $US80K.
Location: Brussels, Belgium
Tuition and fees: N/A
Read more about Frankfurt School of Finance & Management at TopMBA»
40. IIM Ahmedabad grads earn an average post-graduation salary of under $US50K.
Location: Ahmedabad, India
Tuition: $US20K to $US30K
Read more about IIM Ahmedabad at TopMBA»
39. Carnegie Mellon (Tepper) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Pittsburgh, PA
Tuition: Over $US120K
Read more about Tepper at TopMBA»
38. Mannheim grads earn an average post-graduation salary of $US100K to $US110K.
Location: Mannheim, Germany
Tuition: $US40K to $US50K
Read more about Mannheim at TopMBA»
37. Texas (McCombs) grads earn an average post-graduation salary of $US110K to $US120K.
Location: Austin, TX
Tuition and fees: $US100K to $US110K
Read more about McCombs at TopMBA»
36. University of Hong Kong grads earn an average post-graduation salary of $US80K to $US90K.
Location: Hong Kong
Tuition and fees: $US70K to $US80K
Read more about the University of Hong Kong at TopMBA»
35. Cornell (Johnson) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Ithaca, NY
Tuition: Over $US120K
Read more about Johnson at TopMBA»
34. Warwick grads earn an average post-graduation salary of $US90K to $US100K.
Location: Coventry, UK
Tuition and fees: $US50K to $US60K
Read more about Warwick at TopMBA»
33. Indiana (Kelley) grads earn an average post-graduation salary of $US100K to $US110K.
Location: Bloomington, IN
Tuition: $US50K to $US60K
Read more about Kelley at TopMBA»
32. NUS grads earn an average post-graduation salary of $US90K to $US100K.
Location: Singapore
Tuition: $US40K to $US50K
Read more about NUS at TopMBA»
31. Boston (Questrom) grads earn an average post-graduation salary of $US90K to $US100K.
Location: Boston, MA
Tuition: $US110K to $US120K
Read more about Questrom at TopMBA»
30. ESSEC grads earn an average post-graduation salary of $US90K to $US100K.
Location: Paris, France/Singapore
Tuition and fees: N/A
Read more about ESSEC at TopMBA»
29. Erasmus (Rotterdam School of Management) grads earn an average post-graduation salary of $US90K to $US100K.
Location: Rotterdam, Netherlands
Tuition: $US50K to $US60K
Read more about Rotterdam School of Management at TopMBA»
28. USC (Marshall) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Los Angeles, CA
Tuition: $US110K to $US120K
Read more about Marshall at TopMBA»
T-26. Melbourne grads earn an average post-graduation salary of $US100K to $US110K.
Location: Melbourne, Australia
Tuition and fees: $US100K to $US110K
Read more about Melbourne at TopMBA»
T-26. Copenhagen grads earn an average post-graduation salary of $US70K to $US89K.
Location: Copenhagen, Denmark
Tuition: $US50K to $US60K
Read more about Copenhagen at TopMBA»
25. CEIBS grads earn an average post-graduation salary of $US50K to $US80K.
Location: Shanghai, China
Tuition: $US60K to $US70K
Read more about CEIBS at TopMBA»
24. IMD grads earn an average post-graduation salary of $US130K to $US140K .
Location: Lausanne, Switzerland
Tuition and fees: $US60K to $US70K
Read more about IMD at TopMBA»
23. SDA Bocconi grads earn an average post-graduation salary of $US110K to $US120K.
Location: Milan, Italy
Tuition and fees: $US60K to $US70K
Read more about SDA Bocconi at TopMBA»
22. NYU (Stern) grads earn an average post-graduation salary of $US120K to $US130K.
Location: New York, NY
Tuition: Over $US120K
Read more about NYU Stern at TopMBA»
T-19. Duke (Fuqua) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Durham, NC
Tuition: Over $US120K
Read more about Fuqua at TopMBA»
T-19. Imperial grads earn an average post-graduation salary of $US80K to $US90K.
Location: London, UK
Tuition and fees: $US60K to $US70K
Read more about Imperial at TopMBA»
T-19. Michigan (Ross) grads earn and average post-graduation salary of $US120K to $US130K.
Location: Ann Arbor, MI
Tuition: Over $US120K
Read more about Michigan Ross at TopMBA»
18. Yale grads earn an average post-graduation salary of $US110K to $US120K.
Location: New Haven, CT
Tuition: Over $US120K
Read more about Yale at TopMBA»
17. ESADE grads earn an average post-graduation salary of $US90K to $US100K.
Location: Barcelona, Spain
Tuition and fees: $US70K to $US80K
Read more about ESADE at TopMBA»
16. Oxford (Said) grads earn an average post-graduation salary of $US90K to $US100K.
Location: Oxford, UK
Tuition and fees: $US70K to $US80K
Read more about Said at TopMBA»
15. Cambridge (Judge) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Cambridge, UK
Tuition: $US70K to $US80K
Read more about Judge at TopMBA»
14. IE Business School grads earn an average post-graduation salary of $US80K to $US90K.
Location: Madrid, Spain
Tuition and fees: $US80K to $US90K
Read more about IE Business School at TopMBA»
13. UCLA (Anderson) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Los Angeles, CA
Tuition: Over $US120K
Read more about UCLA Anderson at TopMBA»
12. IESE Business School grads earn an average post-graduation salary of $US120K to $US130K.
Location: Barcelona, Spain
Tuition and fees: $US90K to $US100K
Read more about IESE Business School at TopMBA»
11. Columbia grads earn an average post-graduation salary of $US120K to $US130K.
Location: New York, NY
Tuition and fees: Over $US120
Read more about Columbia at TopMBA»
10. Northwestern (Kellogg) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Evanston, IL
Tuition and fees: $US70K to $US80K
Read more about Kellogg at TopMBA»
9. UC Berkeley (Haas) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Berkeley, CA
Tuition and fees: $US110K to $US120K
Read more about Haas at TopMBA»
8. Chicago (Booth) grads earn an average post-graduation salary of $US130K to $US140K.
Location: Chicago, IL
Tuition and fees: Over $US120K
Read more about Booth at TopMBA»
7. HEC Paris grads earn an average post-graduation salary of $US120K to $US130K.
Location: Jouy-en-Josas, France
Tuition and fees: $US60K to $US70K
Read more about HEC Paris at TopMBA»
6. London Business School grads earn an average post-graduation salary of $US100K to $US110K.
Location: London, UK
Tuition and fees: $US100K to $US110K
Read more about London Business School at TopMBA»
5. Harvard grads earn an average post-graduation salary of $US130K to $US140K.
Location: Boston, MA
Tuition and fees: Over $US120K
Read more about Harvard at TopMBA»
T-3. MIT (Sloan) grads earn an average post-graduation salary of $US120K to $US130K.
Location: Cambridge, MA
Tuition: Over $US120K
Read more about MIT Sloan at TopMBA»
T-3. INSEAD grads earn an average post-graduation salary of $US110K to $US120K.

Location: Fontainebleau, France/Singapore
Tuition: $US90K to $US100K
Read more about INSEAD at TopMBA»
T-1. Stanford grads earn an average post-graduation salary of $US140K to $US150K.

Location: Stanford, CA
Tuition and fees: $US110K to $US120K
Read more about Stanford on TopMBA»
T-1. Penn (Wharton) grads earn an average post-graduation salary of $US130K to $US140K.
Location: Philadelphia, PA
Tuition and fees: Over $US120K
Read more about Wharton at TopMBA»
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