Thursday, August 13, 2020
Home Aggregators/lists/rankings Best Business Schools Everywhere in the World (2015-2016)

Best Business Schools Everywhere in the World (2015-2016)

Graduates in Cap and Gown --- Image by © Royalty-Free/Corbis

There are lots of sites that have this information, but they require that you click through 25 times to get the information you want. I solved that problem. This article is not about a ranking. It is a list of schools that should be on your radar if you are looking at business schools anywhere in the world.

It shows the best business schools in the world – not the best overall universities. Of course, there is some overlap; but keep in mind that many of these business schools are not even part of a university.

The information below comes from Eduniversal‘s business school rankings. Technically, the lists below are ranked (by the Dean’s Vote), but this is really more like an amalgamation of preferences of individuals, not some rigorous measurement. As far as I am concerned, you should not think of these schools in terms of how they rank among one another – they are all elite business schools.

In other words, I extracted these schools from much larger lists of top schools, which did in fact rank them in terms of how many “Palmes of Excellence” they had. It was categories from 1 Palme to 5, and this list only contains the schools with 5. So if you see it at the bottom of a list below, it is still better than almost every school in its country; and one of the best in the world.

If an institution that you know is excellent is not listed here, it is probably on the list of “4 Palmes of Excellence” which is also excellent. Think of this as if it were a restaurant’s Michelin Stars, but for education. This means that you could still get a good education from a school with no Palmes (or a good meal from a restaurant with no stars), but these schools are recognized with this top distinction.

Countries with more than 2 schools with the distinction of 5 Palmes of Excellence were categorized on their own. Otherwise, they were put in their regional categories (e.g., “Scandinavia”).


North America

United States

  1. Harvard Business School
  2. Yale School of Management
  3. Stanford University – Graduate School of Business
  4. MIT – Sloan School of Management
  5. Duke University – Fuqua School of Business
  6. Columbia University – Columbia Business School
  7. University of California – Berkeley Haas School of Business
  8. Cornell University – Samuel Curtis Johnson Graduate School of Management
  9. Northwestern University – Kellogg School of Management
  10. The University of Chicago – Booth School of Business
  11. University of Pennsylvania – Wharton School
  12. New York University – Leonard N. Stern School of Business
  13. UCLA – John E. Anderson School of Management
  14. Dartmouth College – Tuck Business School
  15. Carnegie Mellon University – Tepper School of Business.
  16. Purdue University – Krannert School of Management
  17. University of Virginia – Darden School of Business
  18. University of North Carolina at Chapel Hill – Kenan Flagler Business School
  19. University of Texas at Austin – Mccombs School of Business
  20. University of Michigan – Stephen.M. Ross School of Business
  21. Indiana University – Bloomington Kelley School of Business
  22. Emory University – Goizueta Business School


  1. McGill University – Desautels Faculty of Management
  2. HEC Montreal
  3. University of Toronto – Joseph L. Rotman School of Management
  4. Queen’s University – Queen’s School of Business
  5. University of British Columbia – Sauder School of Business
  6. Western University – Richard Ivey School of Business
  7. York University – Schulich School of  Business

(Mexico is in the Latin America section below.)



United Kingdom

  1. London Business School
  2. LSE (London School of Economics and Political Science)
  3. University of Warwick – Warwick Business School
  4. University of Cambridge – Judge Business School
  5. University of Oxford – Said Business School
  6. University of Manchester – Alliance Manchester Business School
  7. Cranfield School of Management


  1. INSEAD Business School
  2. HEC Paris
  3. ESSEC Business School
  4. Emlyon Business School
  5. Université Paris Dauphine
  6. ESCP Europe Business School


  1. University of Mannheim – Mannheim Business School
  2. WHU – Otto Beisheim School of Management
  3. EBS Universität für Wirtschaft und Recht – EBS Business School


  1. ESADE Business School
  2. IE Business School
  3. IESE Business School


  1. IMD Business School
  2. Universitat St. Gallen – School of Management
  3. Université de Lausanne – HEC Lausanne


  1. Copenhagen Business School (Denmark)
  2. Erasmus University – Rotterdam School of Management (The Netherlands)
  3. Stockholm School of Economics (Sweden)
  4. BI Norwegian Business School (Norway)
  5. Aalto University of Business (Finland)
  6. Maastricht University School of Business and Economics (The Netherlands)

Western Europe

  1. Wu Vienna University of Economics & Business (Austria)
  2. SDA Bocconi School of Management (Italy)
  3. Trinity College Dublin – Trinity School of Business (Ireland)
  4. Université Catholique de Louvain – UCL Louvain School of Management (Belgium)
  5. University College Dublin – UCD Michael Smurfit School of Business (Ireland)
  6. Universidade Nova de Lisboa – Nova School of Business and Economics (Portugal)

Eastern Europe & Russia

  1. The University of Economics Prague (VSE) (Czech-Republic)
  2. St. Petersburg University – Graduate School of Management (Russia)
  3. SGH – Warsaw School of Economics (Poland)
  4. Lomonosov Moscot State University Business School (Russia)




  1. Fudan University – School of Management
  2. Tsinghua University – School of Economics and Management
  3. CEIBS – China Europe International Business School
  4. Peking University – Guanghau School of Management
  5. Shanghai Jiao Tong University – Antai College of Economics & Management


  1. Seoul National University – SNU Business School
  2. Korea University Business School
  3. Korea Advanced Institute of Science and Technology – Kaist Business School
  4. Yonsei University School of Business

South & East Asia, and the Middle East

  1. Indian Institute of Management Balgalore (IIM-B) (India)
  2. Tel Aviv University’s Faculty of Management – The Leon Racanati Graduate School of Business Administration (Israel)
  3. KOC University – Graduate School of Business (Turkey)
  4. Indian Institute of Management Ahmedabad (IIM-A)
  5. Keio University Business School (Japan)
  6. National Taiwan Univeresity – College of Management (Taiwan)
  7. Waseda University Business School (Japan)


Southern Hemisphere

Latin America

  1. EGADE Business School – Tecnologico de Monterrey (Mexico)
  2. FGV – EAESP Sao Paula Business Administration School (Brazil)
  3. Pontificia Universidad Católica de Chile – Escuela de Administración (Chile)
  4. INCAE Business School (Costa-Rica)


  1. University of Cape Town – UCT Graduate School of Business (South Africa)
  2. University of Stellenbosch Business School (South Africa)


  1. The University of Melbourne – Melbourne Business School (Australia)
  2. The University of Sydney Business School (Australia)
  3. Monash University – Monash Business School (Australia)
  4. University of New South Wales – Australia Business School (Australia)
  5. The University of Auckland Business School (New Zealand)


I feel inclined to defend Japan in saying that I’m shocked that more institutions weren’t mentioned for their excellent business programs. I’m actually surprised/disappointed/embarrassed that Japan – a culture of education, where almost everyone goes to university – didn’t have its own section. I suppose this must be how many nations and institutions not on the list must feel, so don’t worry. Just keep in mind that rankings all have their limitations.

In fact, As I mentioned before, you should always take these rankings and lists with a grain of salt. For example, Webometrics – a Spanish research company – ranked the University of Pretoria’s Gordon Institute of Business Science South Africa’s top institution, but this only had 4 Palmes of Excellence according to Eduniversal.

Regardless, what we can say about these lists is that the Southern Hemisphere clearly has less elite business schools, but I’m sure there are some countries (in both hemispheres) that you didn’t know had such high-level institutions.

It’s a good time to learn. Why not go international?

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