5 Best Countries for your Masters in Business

Are you considering enrolling in a master’s degree in commerce? There is a lot to consider before making your decision.

First, you need to decide which type of master’s is best for you. Then you will have to choose where you want to study.

Business schools around the world offer master’s degree programs in management, finance, accounting, and business analysis. Yet, some places are more renowned for the strength and reputation of certain specialist masters than others.

Here are the best countries for your Masters in Business, based on their popularity among business school applicants.*


Best Countries for Masters in Management Degrees


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The best countries for Masters in Management programs are UK, Germany, France, USA, Spain, Netherlands, and Canada.


The UK is the best country to pursue a Masters in Management, according to business school applicants. Among the 50 most popular MiM programs worldwide, 10 are based in the UK.

The London Business School (LBS), whose program is ranked fourth globally in the Financial Times MiM rankings, offers the most popular MiM in the world. Other top schools like University College London (UCL), Imperial College Business School and London School of Economics and Political Science (LSE) are also popular.

Germany is the second best country to study your MiM. Although not as dominant in the FT rankings as the UK or France, German schools are among the most popular with nine of the top 50 programs based in Germany. The Technische Universität München (TUM), ranked 49th globally by the Financial Times, offers Germany’s most popular MiM.

France is the third best country for your Master in Management with eight schools among the 50 most popular MiM degrees. These include the Grandes Ecoles of HEC Paris and ESSEC Business School.

The United States, where MiM degrees are growing in popularity, is our fourth-best country to pursue a Masters in Management, while Spain, the Netherlands, and Canada tied for fifth.


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London Business School offers the world’s most popular Masters in Management


Best Countries for Masters in Finance Degrees


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The best countries for Masters in Finance programs are the United States, United Kingdom, Canada, Hong Kong, and Singapore.


The United States is the best country to pursue a Master in Finance, according to business school applicants. 15 out of 50 Most popular Master in Finance programs are offered by American schools, despite the fact that only two American schools are in the top 50 of the Financial Times MiF rankings.

The most popular US schools are Johns Hopkins University Carey Business School, University of Southern California Marshall School of Business, and MIT Sloan School of Management.

The UK is the second best country for your Masters in Finance, with 12 schools from the 50 most popular programs based in the UK. The LBS Masters in Financial Analysis is the most popular program in the UK and the second in the world. It is joined by Masters in Finance offered by LSE and Imperial.

Canada is the third best country for your MiF. It has five top 50 schools, led by McMasters University DeGroote School of Business and McGill University Desautels Faculty of Management. Hong Kong and Singapore, home to the world’s most popular MiF offered by NUS Business School, round out the top five.


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NUS Business School offers the most popular Master in Finance in the world


Best Countries for Masters in Accounting Degrees


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The best countries for masters in accounting programs are the United States, Sweden, Hong Kong, Singapore, and the United Kingdom.


The United States is by far the best country to pursue a Masters in Accounting (MACc) if you are looking for a wide range of programs.

American schools offer 37 of the 50 most popular Macc programsled by MAcc degrees from the University of Illinois Gies College of Business, USC Marshall, and the University of Georgia Terry College of Business.

Sweden is the second best country for your Macc, with four programs listed in the top 50 in the world. The Graduate School of the University of Gothenburg and the Stockholm School of Economics offer the best accounting master’s programs in Sweden.

Hong Kong and Singapore are tied as the third best countries for your Masters in Accounting, both have three schools in the top 50 for a Macc degree.

They are also home to the three most popular MAcc degrees in the world in 2021. These are programs offered by the Chinese University of Hong Kong (CUHK) Business School, the National University of Singapore (NUS) Business School and the University of Hong Kong (HKU) Business School.

The UK is the fifth-best country for a Macc degree, with the University of Manchester’s Alliance Business School and the University of Edinburgh Business School featuring in the top 50 programs.


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CUHK Business School offers the world’s most popular Masters in Accounting


Best Countries for Masters Degrees in Business Analytics


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The best countries for Master in Business Analytics programs are USA, Canada, UK, Singapore, France, and Germany.


The United States is also the best country for a Master in Business Analytics (MSBA), according to applicants. 34 out of 50 most popular MBA programs are offered by American schools.

The list of popular American MSBAs is led by the most popular program in the world, offered by Duke University Fuqua School of Business, as well as other leading MSBA programs offered by companies such as UCLA Anderson School of Management and USC Marshall.

Canada is the second best country for your MSBA, with four of the top 50 programs. The Sauder School of Business at the University of British Columbia offers the second most popular MBA program in the world.

The UK and Singapore are tied for third best countries for MSBA degrees in the world, with three schools each appearing in the top 50.

London Business School offers the most popular MSBA program in the UK, making it the most popular business school in the country across all four program types.

Nanyang Technology University Business School offers the most popular MSBA degree in Singapore.

The five most popular countries for MBAs are France and Hong Kong, which tied for fifth place.


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Duke Fuqua School of Business offers the most popular Master in Business Analytics in the world in 2021


Of course, popularity is not a completely reliable measure of how good a business school is and how good it is for you.

But the most popular countries tend to house the master’s programs with the best reputations, rankings, networks, and post-graduation career opportunities.

Knowing which countries are the most popular among different program types can help you make an informed decision.


* Our lists of the best countries for your Masters in Business are based on mba.com’s research of the world’s most popular Masters programs. These programs received the most GMAT score reports in the 2020-21 test year.

Hong Kong is considered a country in this article. Officially, Hong Kong is a Special Administrative Region of the People’s Republic of China.


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