The Top 100 Business Schools In 2025, Ranked By Research

The University of Pennsylvania’s Wharton School is the unanimous top B-school for research, according to both UT and FT

FINANCIAL TIMES 2025 RESEARCH RANKING

Overall FT Rank 2025 School Location Research Rank
1 University of Pennsylvania: Wharton US 1
2 Columbia Business School US 2
17 University of Chicago: Booth US 2
4 INSEAD France 4
13 Harvard Business School US 5
54 University of Texas at Dallas: Jindal US 6
13 Cornell University: Johnson US 7
7 London Business School UK 8
34 University of Washington: Michael G. Foster US 9
39 University of Texas at Austin: McCombs US 10
11 Duke University’s Fuqua School of Business US 11
76 University of Toronto: Rotman Canada 12
19 UCLA Anderson School of Management US 13
6 MIT: Sloan US 14
48 University of Florida: Warrington US 15
42 Washington University: Olin US 16
15 UC Berkeley: Haas US 17
41 HKU Business School Hong Kong 18
31 New York University: Stern US 19
29 University of Michigan: Ross US 20
50 University of Southern California: Marshall US 21
20 Dartmouth College: Tuck US 22
56 Rotterdam School of Management, Erasmus University Netherlands 23
38 Imperial College Business School UK 24
10 Northwestern University, Kellogg School of Management US 25
36 HKUST Business School Hong Kong 25
26 University of Oxford: Saïd UK 27
37 National University of Singapore Business School Singapore 28
3 IESE Business School Spain 29
24 Yale School of Management US 30
70 Texas A&M University: Mays US 30
51 University of North Carolina: Kenan-Flagler US 32
65 CUHK Business School Hong Kong 32
59 Arizona State University: WP Carey US 34
62 Warwick Business School UK 35
4 SDA Bocconi School of Management Italy 36
45 Emory University: Goizueta US 37
80 ESMT Berlin Germany 38
75 University of Notre Dame: Mendoza US 39
9 HEC Paris France 40
43 Georgetown University: McDonough US 41
12 CEIBS China 42
39 Rice University: Jones US 43
55 University of Georgia: Terry US 43
53 University of California at Irvine: Merage US 45
74 Boston University Questrom School of Business US 45
94 McGill University: Desautels Canada 45
93 Copenhagen Business School (CBS) Denmark 48
22 IMD — International Institute for Management Development Switzerland 49
49 Carnegie Mellon: Tepper US 49
99 Miami Herbert Business School US 49
20 University of Virginia: Darden US 52
22 Nanyang Business School, NTU Singapore Singapore 53
58 Georgia Tech Scheller College of Business US 54
35 University of Cambridge: Judge UK 55
95 University of British Columbia: Sauder Canada 55
60 University of Rochester: Simon Business School US 57
86 Western University: Ivey Canada 58
18 IE Business School Spain 59
30 Fudan University School of Management China 60
96 Frankfurt School of Finance and Management Germany 61
47 Essec Business School France 62
83 Brigham Young University: Marriott US 63
27 Indian School of Business India 64
67 Bayes Business School UK 65
63 University of St Gallen Switzerland 66
66 WHU – Otto Beisheim School of Management Germany 67
25 Peking University: Guanghua China 68
52 Vanderbilt University: Owen US 69
8 Esade Business School Spain 70
71 Mannheim Business School Germany 71
44 EMLyon Business School France 72
73 University College Dublin: Smurfit Ireland 72
46 Alliance Manchester Business School UK 74
86 Durham University Business School UK 74
79 Queen’s University: Smith Canada 76
89 Grenoble Ecole de Management France 77
28 ESCP Business School France 78
67 AGSM at UNSW Business School Australia 79
31 Tongji University School of Economics and Management China 80
98 Sungkyunkwan University GSB South Korea 80
78 Fordham University: Gabelli US 82
31 Indian Institute of Management Ahmedabad India 83
77 The Lisbon MBA Catolica | Nova Portugal 83
83 Babson College: Olin US 85
91 University of Edinburgh Business School UK 86
15 Shanghai University of Finance and Economics: College of Business China 87
90 Audencia France 88
64 Edhec Business School France 89
80 William & Mary: Mason US 90
57 Indian Institute of Management Bangalore India 91
97 University of Glasgow: Adam Smith UK 92
82 Cranfield School of Management UK 93
61 Indian Institute of Management Calcutta India 94
71 Indian Institute of Management Lucknow India 95
100 Eada Business School Barcelona Spain 95
83 XLRI — Xavier School of Management India 97
92 Hult International Business School US 97
69 Indian Institute of Management Indore India 99
86 Indian Institute of Management Kozhikode India 99
Source: Financial Times 

DON’T MISS RESEARCH RANKING: THE MOST INFLUENTIAL BUSINESS SCHOOLS and RANKING: WHICH BUSINESS SCHOOLS ARE BEST FOR MANAGEMENT RESEARCH?

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