Any discussion about the world’s top business schools would naturally include a number of Ivy League institutions in the United States. Harvard Business School, The Wharton School of the University of Pennsylvania, Columbia Business School, and Tuck School of Business in Dartmouth College would definitely be part of any list enumerating the world’s top business schools, however, not all top business schools are located in the US.

In addition, around the globe, there are esteemed universities considered to be at par with these Ivy League schools. Here are some of them:

London Business School:

Firstly, as a constituent college of the University of London, the London Business School was founded in 1964. Notably, its roster of graduates includes Jean Tirole, 2014 Nobel Prize winner in Economics; Tony Wheeler, founder of Lonely Planet; and Sükhbaataryn Batbold, former prime minister of Mongolia.

Indeed, the London Business School has been consistent in producing excellent programs backed up by a great faculty. Some consider it even better than Harvard Business School.

Institut Européen d’Administration des Affaires (INSEAD):

Second, INSEAD, a graduate business school with campuses in France, Singapore, and Abu Dhabi, was founded in 1957 by venture capitalist and Harvard professor Georges Doriot along with Claude Janssen and Olivier Giscard d’Estiang. Its multi-campus setting allows this institution to operate with a global approach.

Hence, some of their graduates include Antonio M. Perez, CEO of Eastman Kodak; Tony Wood, president of Rolls-Royce Aerospace; Colin Dyer, CEO of Jones Lang LaSalle; and Najib Mikati, prime minister of Lebanon.

Instituto de Estudio Superiores de la Empresa (IESE):

Finally, originally located in Pamplona, Spain, IESE, the business school of the University of Navarra, has now branched out into different parts of the world including Barcelona, Madrid, New York, Munich, and Sao Paolo.

IESE came into prominence in 1964 by launching the first two-year MBA program in Europe under the guidance of Harvard Business School. Its prominent graduates include Antonio Brufau Niubo, CEO of Repsol; Isidre Faine, president of Caixa Bank; and Janne Haaland Matlary, Norwegian writer, and politician.

In conclusion, there is no denying the quality of these academic institutions. Along with Ivy League schools, these business schools are considered to be the best of the best. Consequently, gaining admission into these schools would be challenging—and high scores in GMAT would be necessary. AHEAD Professional Network offers a comprehensive review for the Graduate Management Admission Test (GMAT). For more information, email

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