International Business is a booming industry which comprises all commercial transactions — private and governmental, commercial sales, business investments, logistics / distribution, and transportation — that take place between two or more regions, countries or nations beyond their respective political boundaries. This industry has been growing by leaps-and-bounds is due to an increase in countries lifting trade bans, an advancement in technology and because competition is becoming more globally focused.
This is an industry where most students that obtain an international business degree can really make an impact as professionals, and that's why we have compiled a list of our top ten international business schools to assist prospective students in choosing a college that will help them succeed in this burgeoning industry.
These rankings were based on the following criteria:
50% Previously awarded accolades from top national syndicates
25% Course rigor
25% Student satisfaction with both education received and post-graduation career placement
1. University of South Carolina
Established in 1801, the University of South Carolina has a history of more than 200 years in producing excellence in its students. USC is a public, coeducational research university located in Columbia, South Carolina and is a top nationally and internationally ranked school. With an initial enrollment of just nine students, USC has grown immensely since the time of its founding, with an enrollment of 33,575 students at USC's main campus across all degree programs and 49,220 students system-wide. USC is a notable school for more than just its outstanding international business degree program which might interest some students. USC houses the largest collection of Robert Burns and Scottish literature materials outside Scotland and the largest collection of Ernest Hemingway works in the world and is a repository of an archive for Western / Crime Fiction author Elmore Leonard's papers and personal effects. In addition to offering an outstanding international business degree program, USC offers more than 350 programs of study leading to bachelor's, master's and doctoral degrees.
The international business degree program offered at USC was ranked #1 in the nation by U.S. News & World Report for the undergraduate program and #2 for the graduate program — which marks 20 consecutive years that the graduate international business program has ranked #1 or #2 by this publication, #2 worldwide by The Financial Times of London and #7 worldwide by The Wall Street Journal, these rankings, along with having 1,604 top-notch faculty members and the school's accomplishments as a whole–such as being listed as #9 among the nation's "Most Promising and Innovative Schools" ranked by U.S. News & World Report which is based on "promising and innovative changes" in academics, faculty, students, facilities or the campus–is what led the University of South Carolina to be the top pick for our international business school ranking list.
Tuition and fees: $11,158 in-state, $29,440 out-of-state
Undergrad Enrollment: 49,220
Campus Setting: City
Location: Columbia, SC
Motto: Emollit mores nec sinit esse feros – Learning humanizes character and does not permit it to be cruel
2. New York University
New York University, a private, nonsectarian American research university based in New York City, was established in 1831 and is one of the largest private non-profit institutions of higher learning in America. University rankings compiled by U.S. News and World Report, Times Higher Education and the Academic Ranking of World Universities all rank NYU among the top 34 universities in the world. The University's main campus is located in Greenwich Village in Lower Manhattan and NYU has also established NYU Abu Dhabi, NYU Shanghai and maintains 11 other Global Academic Centers in Accra, Berlin, Buenos Aires, Florence, London, Madrid, Paris, Prague, Sydney, Tel Aviv and in Washington, D.C. allowing the school to hold a strong global presence. This strong global presence and ties to international business practices has been an asset to many international business students who attend New York University.
The international business degree offered at NYU is ranked #2 in the nation by U.S. News and World Report and New York University's Leonard N. Stern School of Business was ranked #20 by the same publication. For four consecutive years NYU has been ranked as America's "#1 dream school" by the Princeton Review and is consistently ranked in the top ten dream colleges for both students and parents, making it one of the few colleges that appear in the top ten on the ranking list for students and the ranking list for parents. With 9,489 faculty members dedicated to providing a top-notch education to NYU's 24,985 undergraduates and 24,289 graduate students, NYU is one of the largest producers of dynamic professionals in the world. The reason we have ranked this school as number two in our list is due to its remarkable rankings and its strong global ties, which allows NYU international business students to gain a strong foundation in the industry standards.
Tuition and fees: $47,750 in-state, $47,750 out-of-state
Undergrad Enrollment: 24,985
Campus Setting: Urban
Location: New York, NY
Motto: Perstare et praestare – To persevere and to excel
3. University of Southern California
The University of Southern California is a private, not-for-profit, and nonsectarian research university which was founded in 1880 and is currently located in downtown Los Angeles, California. As California's oldest private research university, USoCa has historically educated a staggeringly large number of the region's top business leaders and business professionals. In recent years, the university has also leveraged its prime location in the Los Angeles area to establish strong relationships with research and cultural institutions and programs all throughout Asia and the Pacific Rim areas. With a starting enrollment of 53 students and 10 teaching faculty members when USoCa was first established in 1880, those numbers are now 43,000 total students and 3,945 teaching faculty members, USoCa has grown tremendously and yet still sticks true to its roots of providing students with a high-quality education that has produced many of world's top industry leaders and researchers.
The international business degree offered by USoCa is ranked 8th in the World by the Financial Times and ranked in the Top-5 Undergraduate International Business Programs in the United States by US News and World Report. Forbes ranked the USC Marshall School of Business 3rd in the nation in producing graduates who are most satisfied with their jobs. There's also a program available at University of Southern California that is open to all incoming first-year business and accounting majors, Learning About International Commerce (LInC) is an experiential learning opportunity that introduces students to business practices outside of the United States. The only program of its kind in the nation, LInC features a two-unit course in international business and an eight-day trip abroad to meet with top business executives and top business leaders of international business industries. USoCa was chosen as our third rank school due to the accolades the international program has received in junction with the offering of LInC.
Tuition and fees: $50,210 in-state, $50,210 out-of-state
Undergrad Enrollment: 19,000
Campus Setting: Urban
Location: Los Angeles, California
Motto: Palmam qui meruit ferat – Let whoever earns the palm bear it
4. University of Pennsylvania
The University of Pennsylvania, located in Philadelphia, is a private Ivy League university and is a part of a group of colleges that all claim to be the first college in America. Founded by Benjamin Franklin who advocated an educational program that focused as much on practical education for commerce, economics and public service as on the classics and theology, UPenn has been teaching students about business and economics for over 250 years. One of UPenn's most well known academic qualities that make it stand out is the school's emphasis on providing its students with an interdisciplinary education, which it promotes through numerous dual-degree programs, university minors, research centers and professorships, a unified campus, and the ability for students to take classes from any of Penn's schools; the "One University Policy" that UPenn's faculty strive to uphold to provide students a more well-rounded and dynamic education.
The international business program at UPenn offers students a flexible education that involves experiential learning opportunities, lectures and guest speakers from top industry leaders giving students the knowledge and skills they need to become effective leaders in their chosen industries. UPenn was also ranked 18th in the world by the QS World University Rankings, 17th by the Academic Ranking of World Universities (ARWU), and 17th by the Times Higher Education World University Rankings. According to the ARWU ranking Penn is also the 8th best university in the world for business and economics. UPenn's school of business consistently ranks in the top five of best business programs by U.S. News and World Report and the National Research Council. UPenn's interdisciplinary approach to providing an education, it's previously obtained rankings and the prestige that comes from obtaining a degree from a highly regarded Ivy League school are the reasons we have placed UPenn fourth in our list.
Tuition and fees: $49,536 in-state, $49,536 out-of-state
Undergrad Enrollment: 9,746
Campus Setting: Urban
Location: Philadelphia, PA
Motto: Leges sine moribus vanae – Laws without morals are useless
5. University of California, Berkeley
The University of California, Berkeley is a public research university located in Berkeley, California. UC Berkeley is considered by the Times Higher Education World University Rankings as one of six university brands that lead in world reputation rankings in 2016 and is ranked third on the U.S. News and World Report's 2015 Best Global Universities rankings conducted in the U.S. and nearly 50 other countries. The Academic Ranking of World Universities (ARWU) also ranks the University of California, Berkeley fourth in the world overall, and first among public universities. UC Berkeley offers approximately 350 undergraduate and graduate degree programs in a wide range of disciplines. Established in 1868, UC Berkeley now has 38,204 students across all of its programs and an excellent student-faculty ratio. There are currently 7 Nobel Prize holders employed by UC Berkeley as faculty members, and Janet Yellen, the 15th Chair of the Federal Reserve Board, is a professor emeritus at Berkeley Haas School of Business and the Department of Economics.
The international business degree program at UC Berkeley teaches students through a mix of experiential learning, lectures and guest speakers from industry leaders from the surrounding area. The Times Higher Education World University Rankings for 2015–2016 ranks UC Berkeley 13th in the world for academics and 6th in the world for reputation. Another publication in its 2016 edition, U.S. News & World Report ranked Berkeley 3rd in their "Best Global University Rankings". In 2015, Berkeley was ranked 4th in the world by the Academic Ranking of World Universities (ARWU) and 26th in the QS World University Rankings. The Center for World University Rankings (CWUR) ranked the university 7th in the world based on quality of education, alumni employment, quality of faculty, publications, influence, citations, broad impact, and patents in 2015. Based on the merits and accolades the school has received, the school's reputation for producing excellence and the teaching method UC Berkeley employs has earned the school's place in our rankings.
Tuition and fees: $13,432 in-state, $38,140 out-of-state
Undergrad Enrollment: 27,126
Campus Setting: City
Location: Berkeley, CA
Motto: Fiat lux – Let there be light
6. Florida International University
Florida International University is an American metropolitan public research university located in Greater Miami, Florida. Florida International University is classified as a "tier-one" research university with highest research activity by the Carnegie Foundation and a first-tier research university by the Florida Legislature. FIU offers 191 programs of study with more than 280 majors in 23 colleges and schools and is the largest university in Southern Florida, second largest university in Florida and the fourth largest university in the United States. Established in 1969, FIU today has almost 60,000 students across all of FIU's programs and more than 3,300 academic staff employed, giving the school a rough approximation of a student-faculty ratio of 20:1, which allows the students attending FIU to obtain one-on-one assistance from their professors and other faculty, leading to a better college experience for students; and a college experience that's more likely to be successful.
The international business program at FIU educates students through a unique combination of business courses and regional studies, so they can understand all functional areas of a firm, as well as the global, strategic management issues most businesses face today. Florida International University was ranked the #7 college in the United States by the Social Mobility Index college rankings, FIU's College of Business is among the top 5% of elite business schools worldwide accredited by the AACSB International – the Association to Advance Collegiate Schools of Business and U.S. News & World Report's "America's Best Colleges" (2015) ranks the undergraduate international business program as the 6th best in the nation. The school's excellent rankings, student-faculty ratio and location in an area that's home to 16 Fortune 500 companies such as Office Depot, TECO Energy and Tupperware Brands is the reason we have included FIU in our top ten list.
Tuition and fees: $6,496 in-state, $18,895 out-of-state
Undergrad Enrollment: 40,974
Campus Setting: Urban
Location: Miami, FL
Motto: Spes Scientia Facultas – Hope, Knowledge, Opportunity
7. Saint Louis University
Saint Louis University is a private research university with campuses in both St. Louis, Missouri and Madrid, Spain.Founded in 1818, SLU is the oldest university west of the Mississippi River and the second-oldest Jesuit university in the nation. It is one of 28 members of institutions of the Association of Jesuit Colleges and Universities. For more than 30 years Saint Louis University has maintained a campus in Madrid, Spain and the Madrid campus was the first freestanding campus operated by an American university located in Europe and the first American institution to be recognized by Spain's higher education authority as an official foreign university. The campus has 675 students, a faculty of 110, and an average class size of 15, meaning the school has a student-faculty ratio of 7:1, whereas the campus in St. Louis has 28,000 students across all programs and has a student-faculty ratio of 11:1. At SLU, 97 percent of first-time freshmen received financial aid in 2014 and SLU offers more than 90 undergraduate programs and nearly 100 graduate programs.
The international business degree at SLU is ranked at #12 for the graduate program in 2016 and #7 for the undergraduate program both by U.S. News & World Report. Saint Louis University was named a College of Distinction in 2015-2016 for its commitment to engaging students, high-quality teaching provided by dynamic faculty, a vibrant community and successful student outcomes. SLU has also been recognized as a College of Catholic Distinction and a College of Missouri distinction by Colleges of Distinction. SLU was also named one of the top schools in the country for undergraduate education in the Princeton Review's The Best 380 Colleges: 2016 Edition, which was based on student-given reviews. Due to the accolades SLU has received over the years, it's core values of instilling a sense of community and community service and the positive student views we have given SLU a place in our list for the top international business degrees.
Tuition and fees: $39,226 in-state, $39,226 out-of-state
Undergrad Enrollment: 8,564
Campus Setting: Urban
Location: St. Louis, MO
Motto: Ad Majorem Dei Gloriam – For the greater glory of God
8. University of Michigan, Ann Arbor
The University of Michigan is a public research university in Ann Arbor, Michigan. Founded in 1817 in Detroit as the Catholepistemiad, or University of Michigania, 20 years before the Michigan Territory even became a state, making the University of Michigan the state's oldest university. The university moved to Ann Arbor in 1837 onto 40 acres of what is now known as Central Campus. Considered one of the foremost research universities in the United States, the university has a very high amount of research activity. Ann Arbor is ranked in the top best college towns by U.S. News & World Report and with the region being home to some top Fortune 500 companies such as General Motors Co., Ford Motor Co., Dow Chemical Co., Whirlpool Corp. and TRW Automotive Holdings, this allows students to learn from executives and industry leaders from these corporations through UM's guest speaker programs. Students at UM will also gain access to the school's extensive network of over 45,000 alumni which spans over 88 countries.
The international business degree program offered at UM's Ross School of Business is taught by a school that is one of just 4 schools that have been in the Top 10 of every Bloomberg Businessweek ranking since it started in 1988. The University of Michigan is one of the most prolific and respected research institutions in the country, and they have a large collection of business research and resources available to their international business program students. With global intern and and study programs, global practicum courses, global exchange programs and global immersion programs, UM ensures business students will have a strong grasp of the global economy and global business practices. Due to the rankings the school and town have garnered and the school's commitment in providing its students a strong global business understanding, we have chosen UM to be in our rankings list.
Tuition and fees: $14,336 in-state, $43,337 out-of-state
Undergrad Enrollment: 28,395
Campus Setting: City
Location: Ann Arbor, MI
Motto: Artes, Scientia, Veritas – Arts, Knowledge, Truth
9. Georgetown University
Georgetown University is a private research university in Washington, D.C. Founded in 1789, it is the oldest Catholic and Jesuit institution of higher education in the United States. Georgetown University's McDonough School of Business (which is commonly abbreviated as MSB) is one of the four undergraduate and one of the five graduate schools of Georgetown University. Founded in 1957, MSB has been providing Catholic and Jesuit students a nationally ranked education for over 50 years. Because MSB is located in the nation's capital–which has an extensive and dynamic business sector–students attending Georgetown University will have access to many top industry leaders' viewpoints and knowledge. Georgetown University offers undergraduate degrees in forty-eight different majors in the four undergraduate schools, as well as the opportunity for students to design their own individualized courses of study. All majors in the College are open as minors to students in the School of Business.
The international business degree program offered at Georgetown University was created by two internationally acclaimed universities and three of the world's most respected graduate schools and the program spans four richly diverse continents, allowing students an international business education that will give them the tools needed to make a positive impact. As a Catholic and Jesuit university, Georgetown stresses ethics and social justice in its curriculum; the McDonough School of Business retains two Jesuits for student guidance in these areas of core values. Financial Times ranks Georgetown University's international business program as the 28th best in the world and U.S. News & World Report ranks it as the 15th best. Due to the school's rankings and its commitment to providing students with a sense of ethics and social justice, Georgetown University makes it to the 9th place on our list of the best international business schools.
Tuition and fees: $48,611 in-state, $48,611 out-of-state
Undergrad Enrollment: 7,595
Campus Setting: Urban
Location: Washington, DC
Motto: Utraque Unum – Both into One
10. San Diego State University
San Diego State University is a public research university located in in San Diego, California, and is the largest and oldest higher education institution in the San Diego County. Founded in 1897, it is the third-oldest university in the state of California. The Carnegie Foundation has designated San Diego State University a "Research University with high research activity," placing it among the top 200 higher education institutions in the country conducting research. As reported by the Faculty Scholarly Productivity Index (FSP Index) released by the Academic Analytics organization of Stony Brook, New York, SDSU is the number one small research university in the United States and has been for four academic years in a row. SDSU also sponsors the second highest number of Fulbright Scholars in the state of California, just behind UC Berkeley. Since 2005, the university has astoundingly produced over 65 Fulbright student scholars.
The international business program offered at SDSU gives students the opportunity to learn economics and business practices on a global scale with exchange programs, experiential learning, lectures and guest speakers. In Graduate School Rankings, QS Global 200 Business Schools Report ranks SDSU's business college the 80th best in all of North America and SDSU ranks among the top universities for economic and campus ethnic diversity according to U.S. News & World Report's "America's Best Colleges 2012". Internationally, SDSU offers 335 different international education programs in 52 countries. Thirty-four SDSU programs now require international experience before a program's completion for a student to graduate. SDSU ranks first in California among universities of its type. SDSU also ranks 22nd among universities nationwide for the number of students studying abroad according to the Institute of International Education. The school's accolades, international experience requirements and inclusive environment are the reasons we have decided to include SDSU in our international business school rankings.
In-state tuition and fees: $6,976 in-state, $18,136 out-of-state
Undergrad Enrollment: 28,362
Campus Setting: Urban
Location: San Diego, CA
Motto: Leadership Starts Here