Partner Sites

Logo BusinessBecause - The business school voice
mobile search icon

5 Best Countries For Your Business Master's Degree

Where should you study your business master’s? Find out the best countries for master’s programs in management, finance, accounting, and business analytics

Wed Apr 17 2024

Thinking of enrolling in a business master’s? There’s a lot to consider before making your decision.

First, you should decide which type of master’s degree is right for you. Then, you’ll need to choose where you want to study.

Business schools across the world offer master’s programs in management, finance, accounting, and business analytics. Yet some locations are more renowned for the strength and reputation of specific specialized master’s degrees than others.

Here’s the best countries for your business master’s degree, based on their number of world-renowned programs.*

Best countries for Master in Management degrees 


France is the best country to pursue a Master in Management, according to business school candidates. Among the 20 best MiM programs worldwide, five are based in France, and of these, four are in the top 10.

HEC Paris offers the number one MiM program in the world, according to the Financial Times MiM Ranking. Other top schools like ESCP Business School, Essec Business School, and EMLyon Business School are also popular.

Spain is the second best country to study your MiM, with three schools dominating the FT top 20 ranking. At number eight on the list, Esade Business School—based in Barcelona—is the country’s highest-ranked program .

China is the third best country for your Master in Management with two schools featuring in the FT top 20 MiM programs. These include Tsinghua University School of Economics and Management and Shanghai Jiao Tong University: Antai.

Germany is our fourth best country to pursue a Master in Management degree, while Switzerland falls closely behind with the University of St Gallen ranked in second place by the Financial Times.


HEC Paris offers the world's top Master in Management according to the Financial Times © HEC Paris/Facebook

Best countries for Master in Finance degrees 


France is also the best country to pursue a Master in Finance, according to the Financial Times ranking, as seven of the top 20 Master in Finance programs are offered by French schools. Of these, four of the top five programs are also dominated by French schools.

The highest-ranked schools are ESCP Business School, HEC Paris, Essec Business School and Skema Business School.

The UK is the second best country for you Master in Finance, with four of the top 20 schools based in the UK. London Business School’s Master’s in Financial Analysis is consider the number one UK program, and the sixth-best globally. It’s joined by finance masters offered by the likes of Oxford: Said and Imperial.

China is the third best country for your MiF. It has three schools among the top 20, led by Tsinghua University and Peking University Guanghua School of Management. Spain and Switzerland complete the top five.


ESCP offers the world's most popular Master in Finance degree ©ESCP/Facebook

Best countries for Master in Business Analytics degrees 


Yet again, France tops the charts as the best country for a Master in Business Analytics (MSBA), according to the QS World University Rankings. Seven of the top 20 MSBA programs are offered by French business schools.

The list of top French MSBAs is led by the world’s highest rated program, offered by HEC Paris, followed by the number two-ranked ESSEC Business School.

The UK is the second best country for your MSBA, with four of the 20 top programs. London Business school offers the third-ranked MSBA program globally.

Spain is the third best countries for MSBA degrees worldwide, with three schools each featuring in the top 20.

IE Business School offers Spain’s top MSBA degree, and the fourth-best globally.

Completing the top five best countries for MSBAs are Denmark and Austria, who are ranked fourth and fifth respectively.


LBS offers the world's third-best Master in Business Analytics in 2024 ©London Business School/Facebook

Of course, rankings aren't a wholly reliable measure of how good a fit a business school and its business master’s degree is for you.

But the highest ranked countries tend to be home to the master’s programs with the best reputations, ranking, networks, and post-degree career opportunities.

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

*Our lists of best countries for your business masters are based on the Financial Times Masters in Management ranking 2023, the Financial Times pre-experience Master in Finance ranking 2023, and the QS World University Rankings for Masters in Business Analytics

Download our Which Business Master's Guide 2024