10 best universities in the world for Business and Economics training

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Massachusetts Institute of Technology (USA) is the best school for Business and Economics majors globally in 2024, according to THE ranking.

The Times Higher Education (THE) ranking organization on October 26 announced the world's best Business and Economics university rankings in 2024. Schools were evaluated based on data on the following subjects: Economics Business and Management, Accounting and Finance, Economics and Econometrics.

Massachusetts Institute of Technology (MIT) and Stanford University maintained the top two positions, as last year. Peking University (China) increased 5 places and is the only new school in the top 10. The UK and the US both have four representatives in the group of 10 best schools this year, while China has two schools.

In the top 50, the US has the most representatives with 19 schools. England and China ranked second with 6 and 5 schools respectively.

Top 10 best universities for Business and Economics training in the world:

Rating

School

Nation

Score (100 scale)

1

Massachusetts Institute of Technology

America

94,8

2

Stanford University

America

93,4

3

Harvard University

America

96,2

4

University of California, Berkeley

America

96

5

Cambridge University

Older brother

95,9

6

Oxford University

Older brother

94,8

7

University of Chicago

America

94,5

8

Tsinghua University

China

94,4

9

Yale University

America

93,5

10

Beijing university

China

93,4

THE's best university rankings for Business and Economics this year include 909 schools, up from 870 last year.

The ranking criteria include 18 indicators, divided into 5 groups. Among them, research environment accounts for the largest weight (31.6%), followed by teaching quality (30.4%), research quality (25%), internationality (9%), income and industrial patents (4%).

To be ranked, schools must have at least 200 scientific articles published in the past 5 years, at least 5% of the teaching staff or 50 people teaching business and economics subjects.

School of Economics and Management, Tsinghua University, China. Photo: Website School of Economics and Management, Tsinghua University

This year, Vietnam has 4 schools in this ranking. Among them, Ton Duc Thang University has the highest ranking, in the top 500. The remaining training institutions are Duy Tan University, Hanoi National University and Ho Chi Minh City National University.

Times Higher Education is one of three prestigious university ranking organizations in the world, alongside Quacquarelli Symonds (QS) and Shanghai Academic Ranking of World Universities (ARWU).