Which Business Management Degree Schools And Programs Are In Demand?
Looking for a business management degree? Let’s help you find the right school for it.
A majority of people are looking to get into the FAME fields of study. The group includes finance, accounting, management, and economics, which are widely considered the most popular types of study in colleges and universities around the globe.
If you’re wondering why, then remember that any type of business requires administrative leadership. This allows a company or business to manage its finances, marketing, and day-to-day operations. Hence, students look to get into business management fields.
With plenty of promising entry-level placements right from college, it’s hard not to see why. So, today we’re going to look at some of the best business management degree schools in the U.S.—and the programs that they offer. So, let’s get started.
How to Apply To Business Management Degree School
Applying for a business management degree/school depends entirely on the institution that you pick. In all of the universities mentioned in this article, their application methods are different from one another. But here’s what you’re going to do:
- Email the admission manager by going to the university site;
- Make sure you have the right certifications (IELTS, TOEFL, GMAT, SAT, ACT);
- Upload the document when required;
- Check the tuition/admission fee of your desired university;
- Apply and wait for a response.
Now, this is a very vague way to apply to a business or management degree school. Because as mentioned before, every university will have a different procedure. So, get in touch with the admissions office at your desired university.
10 Best Colleges For Business Management For Undergrad Degrees
Now that you know the basics of business management and why it’s popular, let’s talk about the best colleges in top U.S. states today. So, here are the 10 best colleges in the U.S. for business management for undergrad degrees:
1. Harvard University/Harvard Business School – Boston, MA
Harvard University is a name known around the globe. The university has many accolades and powerful alumni, such as John F. Kennedy, Neil deGrasse Tyson, and Mark Zuckerberg. However, there are many other prolific names who graduated from this highly respectable university.
Harvard Business School Building, Boston, MA.
While the university is the 3rd overall best in the world, it recently dethroned U.K.’s London Business School for the number one spot. In its 114-year history, Harvard has a reputation for churning out outstanding business undergrads. So, the program offered by the famous institution is labeled:
- Bachelor of Liberal Arts (A.L.B)
- Undergraduate in Business Administration and Management
You will be required to take GRE or GMAT, and since we all know the university’s reputation—you’re expected to be extraordinary.
So, once you graduate from Harvard, just that phrase will be enough to get you in any career direction. This includes business administration, human resources, marketing management, etc.
2. Stanford University – Stanford, CA
Stanford University is an American private research university in Stanford, California. Stanford is known for its academic prowess, wealth, proximity to Silicon Valley, and ranking as one of the world’s best universities.
Stanford University Campus Lawn, Stanford, CA.
Stanford University sits at number 3 on the list of best school for business and management. The renowned university is known for its reputation not only in the U.S. but also across the globe. Located in the heart of Silicon Valley, it has a very precise 7% acceptance rate.
The university divides B.A (Bachelor of Arts) into three categories:
- Business Degrees
- Education Degrees
- Law Degrees
However, as a business management/administration undergrad, you’ll be attending the Pre-Business program before you join the undergraduate program. It’s exactly what makes Stanford one of the most coveted universities in the nation—also one of the safest.
It’s almost a guarantee that a degree with a Stanford stamp will land you a job in business administration or management.
3. Yale University/ Yale School of Management – New Haven, CT
Yale School of Management currently sits at number 7 on the list of best business schools in the world. The university was established in 1976, but it has become a prominent name over the past 46 years of its existence.
Yale School of Management. (2022, October 18). In Wikipedia.
Offering a variety of business-related undergraduate programs, it’s this one that should excite you the most:
- Yale Business & Entrepreneurship Undergraduate Program
Since Yale is known for its advanced methods and forward-thinking, it’s portraying entrepreneurship as a career persuasion rather than a career choice. And offering this program makes Yale not only one of the top options—but the only option to do so.
So, if you’re someone who’s looking to launch a freelance or independent career in business management post-graduation, then Yale School of Management & Business is the right choice for you.
4. Columbia University – New York, NY
Columbia University is one of the most renowned and prolific universities in the world, not just N.Y. Tied at the 8th position in the world’s best business school ranks; the university is a paradise for business management undergrads.
Columbia Business School. (2022, November 16). In Wikipedia.
Located in the heart of Manhattan, this prolific institution has a history of 106 years of excellence. The School of General Studies at Columbia University offers an outstanding Business Management program—some say it’s the best in the country.
However, to enroll in Columbia University, you need to apply in the spring semester of your sophomore year. So, you must have the following:
- Prior General Studies
- A 3.4 or higher GPA
- B+ in prerequisite courses
So, if you’re really driven, it’s worth enrolling in one of the top-ranked business schools around the globe, even if some might think it’s a bit difficult to get into Columbia.
5. The University of Michigan – Ann Arbor, MI
The University of Michigan is the 25th-ranked university in the world. Offering an outstanding undergraduate program, this is one of the go-to options for many business management undergrads. Located in Ann Arbor, Michigan, the university has a 96% employment rate—one of the highest in the U.S.
Ross School of Business of University of Michigan. (2022, November 16). In Wikipedia.
That’s one of the main reasons you should consider Michigan Ross – the business school under the University of Michigan. The program that it offers is called BBA (Bachelor of Business Administration). While the deadline is usually in November, the admissions are only finalized in February.
6. University of Chicago – Chicago, IL
The University of Chicago is one of the most renowned research universities in the world. It shares the 8th spot on the list of best EMBA universities in 2022. Hosting over 7000 undergraduate enrollments every year, this is also a good choice if you’re searching for a business school in Illinois.
University of Chicago Booth School of Business. (2022, October 14). In Wikipedia.
However, students from all over the country apply for the Trott Business Program—a highly fertile business management undergrad degree at the University of Chicago. Because of the university’s reputation, the employment rate in 2021 was around 88 out of 100 students.
Thus, a degree from this university is one of the easiest ways to break into a business management career. After that, you can launch your career in business & management in any firm around the nation—or world.
7. University of Virginia – Charlottesville, VA
The University of Virginia is yet another stellar name. Located at the core of Charlottesville, Virginia, this is also considered one of the most beautiful universities in the world. In the heart of nature, students learn all the nooks and crannies of business and management in this institution.
University of Virginia’s courtyard – Charlottesville, CA.
Source
In the World University Rankings, it sits at 253, which may be a drop from previous names, but it’s still a highly recognizable name in the U.S. Under McIntire School of Commerce, you can earn a liberal arts degree, majoring in Business & Management and from there, you can choose a concentration in different disciplines, such as:
- Accounting or Finance degree;
- Information Technology degree;
- Or Management & Marketing degree.
This makes it one of the best and most well-rounded business & management courses in the country today.
8. Northwestern University – Evanston, IL
Northwestern University is one of the prominent names in the state of Illinois, and it makes this institution one of the best options you have today to pursue a business management degree.
North Western University – Evanston, IL
It’s one of the eight universities among the Big Ten conference, and that’s why it’s widely considered one of the top business schools of the United States.
- Data Science & Economics
- Entrepreneurship
- Business Enterprise
- Arts Administration
All of these programs can make you self-sufficient in any business or management capacity, and that’s exactly why this university is a good option for people in and around the Evanston area.
9. University of California – Berkeley, CA
The University of California, or U.C. for short, is a public university system in the state of California. It is the world’s largest university system, with ten campuses and almost 200,000 students. U.C. has been around since 1868, when it was founded as a state school.
University of California main building – Berkeley, San Francisco, CA.
The original business school was called the “University of California.” Then, the name changed to “University of California – Berkeley” in 1922, then to “University of California – Los Angeles” in 1927, and finally to “The University of California” in 1944. The university is ranked number 4 in Economics & Business.
So, the Berkley Haas undergraduate program is one of the best options you have today. It offers business degree program options, which are:
- B.S. In Business Administration
- Global Management Program
- Management, Entrepreneurship & Technology Program
- Robinson Life Sciences, Business And Entrepreneurship Program
All of these programs are just right to launch you into any of the careers in business and administration—but we’ll talk about that in a bit.
10. Carnegie Mellon University – Pittsburgh, PA
Carnegie Mellon University is a private research university in Pittsburgh, Pennsylvania. The university was founded by Andrew Carnegie as the Carnegie Technical School in 1900. In 1912, the school became the Carnegie Institute of Technology and began granting four-year degrees.
Carnegie Mellon University – Pittsburgh, PA.
In 1967, the school became Carnegie Mellon University. The Tepper School of Business at Carnegie Mellon University offers undergraduate and graduate degrees in:
- Business Administration
- Management Information Systems
- Finance & Investment Management And Marketing
The B.A. degree program is designed to provide a broad-based education. Thus, it will prepare students for many different careers as well as for further study at the graduate level or professional school.
Why Business Management Degrees Are In Demand?
Business management degrees are in high demand because of their versatility and that’s why these degrees are in demand; they are versatile and can be used to pursue various careers. They give the degree holder an opportunity to enter a vast range of industries and careers.
It also provides leadership training, which is important in any industry. These degrees will also help you easily earn a lot of money, be it in the field of human resources, information security, marketing, or financial management.
The demand for business management degrees is high because of the variety of careers they can lead to. For instance:
- A person can pursue a career in most industries as a business graduate.
- A majority of the 100 most well-paying jobs in the US require this degree.
One of the first concerns for any student looking for a good program is the career that’ll follow and besides that, they’re concerned about whether they’ll earn enough to pay off their student loans.
So, how do you understand how much you’ll earn in specific careers with this degree? According to BLS.gov, here’s how much a business management degree holder earns on average:
- Human Resources – $60,000 – 65,000 a year for entry-level positions
- Finance Experts/Analysts – $80,000 – $85,000 a year on average
- Accountants – $70,000 — $75,000 a year
- Business Management/Business Analysts – $85,000 — $90,000 a year
- Financial Advisors – $85,000 — $95,000 a year
- Training & Development Experts – $60,000 — $65,000 a year
It’s important to understand that these numbers can vary depending on the state, experience, and stature of the college/university. However, on average, BLS (Bureau of Labor Statistics) suggests these are the numbers you can expect.
You can check their website for more careers in business and finance and how much they earn. Thus, it’ll help you understand why business management degrees are in high demand—and why they always will be.
Conclusion – What To Do Next
These are the top universities that you can pick in some of the top states in the U.S. Depending on when you apply during the academic year, all you’ll do next is wait for the admission call. Then, you might be called for an interview, etc. So, once you’ve enrolled, your journey toward a business management degree will begin. So, what comes next for you is to get a business management degree and pass with flying colors.
Images: Creative Commons License Free from Wikipedia
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