Two new schools are among the top 10 list for undergraduate admissions. The business schools in India, like IIT Madras and XLRI Jamshedpur, are ranked in 6th and 8th place, respectively.

Are you interested in getting into business school in the fall? If you’re wondering what business schools to consider, we’ve done the hard work for you.

We’ve analyzed the best undergraduate business schools and ranked them based on their 2019 and 2023 acceptance rates.

This article will help you navigate the process of selecting a top business school and prepare for the application process.

Let’s dive into the ranking of the top 20 undergraduate business schools by acceptance rate for the fall of 2023.

This is an easy choice to make. The MBA, JD, or Medical School might take a long time to complete. In contrast, undergraduate programs are much shorter. You can go into business school in 3 months to 2 years. So, if you want to start your own business or become a doctor, a law enforcement officer, or a politician, you may consider undergraduate schools a good place to start.

Business Schools

Schools to look at

The best business schools are selective, prestigious, and highly competitive. As such, the application process can be quite arduous.

It’s important to note that many factors contribute to the quality of a business school.

The key here is to figure out what matters most to you. Knowing which schools offer these programs is vital if you’re interested in marketing, entrepreneurship, management, or finance.

While most business schools have a general business core, they also offer specialty courses specific to each degree.

Which schools are ranked the best

We’ve analyzed the best undergraduate business schools and ranked them based on their 2019 and 2023 acceptance rates.

Based on these findings, we project that the top four business schools will remain the same. However, we do expect a few changes in the next five years.

What is the best business school?

We’ve analyzed the best undergraduate business schools and ranked them based on their 2019 and 2023 acceptance rates.

Here’s how we did it:

We used a formula to calculate the probability of acceptance based on the student’s GPA and ACT score. We then compared this probability to pre-established metrics, including average starting salary, faculty hiring trends, and other factors.

We found that the top-ranked schools in our study, such as Stanford University and the University of Michigan, have a much higher acceptance rate than the average business school.

There are still many factors to consider when choosing a business school, such as the campus’s location and reputation. But this information should help you make an informed decision.

What is the average starting salary after graduation?

According to the Bureau of Labor Statistics, the average starting salary for an MBA graduate is $91k. After the first year, you’ll see an average increase of around 10 percent, and the next year will see you hit $110k on average.

After six years, you’ll end up at an average of $130k. In a worst-case scenario, you’ll start at $65k and hit $85k after six years.

Frequently Asked Questions about Top-Ranking Business Schools. 

Q: How do you decide which business school is right for you?

A: I chose UCLA as my top business school because I like the campus, I was interested in the area, I liked their reputation, and I wanted to study in Los Angeles.

Q: Do you have any favorite classes or professors?

A: My favorite class is Corporate Finance. Professor John Kukoff taught it, and he is very nice. He makes sure that students understand what they are learning.

Q: How do you best use your time at UCLA?

A: I am a member of the Association of Black Professional Women (ABW) and the Asian American Law Students Association (AALS). Both organizations help me to connect with people who share my interests and concerns. I am also a Kappa Alpha Theta sorority member, which allows me to build my social network outside school.

Top Myths About Top Ranking Business Schools

  1. There is one of the best business schools in the world.
  2. To get a job in business, you have to go to Harvard.
  3. You can only study at Harvard and Oxford.


When choosing a college, there are many factors to consider. What school is best for your career? What school gives you the best chance of getting into a good job?

Other considerations include location, cost, and the overall student experience. But the one factor you may not have considered is the school’s prestige.

In my experience, the higher ranked the school is, the more successful it will likely be in terms of alum careers. There are many other benefits of attending a prestigious school, too.

Finding a single reason not to attend a top-tier university is hard. However, the real question is whether a school is worth the time and money.