Top 15 Best Business Schools in the Philippines
Key takeaways:
- The best business schools are those that specialize in economics and business administration
- Some schools are too expensive; one of the most affordable is the University of San Carlos
- If you are highly academic, you can apply for a scholarship
Want to make millions of pesos with a business or being employed? One of the ways to do it is to become an entrepreneur, and you will be a lot more likely to succeed if you understand the principles of business management.
As such, the best approach is to take a degree or formal education in business management in the top business schools Philippines. The good news is that the Philippines has many schools that specialize in business. If entrepreneurship is not your cup of tea, you can still use your business education to work for big businesses and make a lot of money in salaries and commissions.
Today, we will provide you with a list of the top business schools in the Philippines. In the end, you should have several options and you can begin to call or visit these schools so you can make a decision.
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The Best 15 Business Schools in Manila and the Provinces
Here is a quick look at the cost of tuition for best school for business administration Philippines:
TOP BUSINESS SCHOOLS | LOCATION |
---|---|
1. Enderun | Manila |
2. Philippine School of Business Administration (PSBA) | Manila |
3. Southwestern University PHINMA Business School | Multiple |
4. University of San Carlos School of Business and Economics | Multiple |
5. Lyceum of the Philippines University | Multiple |
6. Asian Institute of Management | Makati |
7. De La Salle University | Manila |
8. Ateneo de Manila University | Manila |
9. University of the Philippines | Manila |
10. University of Santo Tomas | Manila |
11. University of Mindanao | Mindanao |
12. Silliman University | Visayas |
13. The University of the East | Manila |
14. Mapua University | Manila |
15. Miriam College | Multiple |
Having provided an overview of the tuition fees for top business administration institutions in the Philippines, it’s now essential to delve deeper. We’ll explore each school in detail, highlighting the unique benefits and opportunities they offer to their students.
1. Enderun
Enderun is one of the most popular and best schools in the Philippines when it comes to business. They specialize in hospitality and culinary arts. If you are looking forward to running a restaurant, then Enderun is your best option.
Here are the main features of Enderun:
- Degrees touch on subjects such as finance, marketing, operations, and sustainability
- They offer short courses like Restaurant 101
- The school hosts events for students to learn from practical training
- They have a world-class facility
The typical tuition cost in Enderun is between ₱230,000 and ₱270,000 for every 24 units or per semester. You can only take 24 units per semester. For international students, the cost is a bit higher at ₱287,000. On top of that, you also need to pay for fees like laboratory fees, computer fees, etc.
2. Philippine School of Business Administration (PSBA)
This is one of the best business schools in Manila. Specifically, the Graduate School of Business is the department you want to look for.
They offer the following:
- Doctor in Business Administration
- Master’s degree in business administration (thesis and non-thesis)
- Master’s degree in business administration (Field of Concentration: Fiscal Administration)
After taking these courses, what is next for you? You can have the following careers:
- Business Consultant
- Organizational manager
- A C-level officer or executive like a CEO
- Management analyst
- Economist in the government sector
The PSBA is one of the leading business administration schools in the country, and below are some of its highlights:
- A big and sprawling campus
- Highly qualified professors and instructors
- Has tie-ups with Indonesia and Pakistan
- They have undergraduate and graduate programs
As far as tuition goes, the PSBA has no data on its website. However, we investigated further and based on our research, the tuition fee is between ₱27,000 and ₱60,000 for undergraduate courses per semester. This rate does not yet include miscellaneous fees.
3. Southwestern University PHINMA Business School
This school offers both undergraduate and graduate degrees in business administration. It is a big school that houses over 90,000 students.
Here are the benefits of studying here:
- Roughly 80% of their graduates get employed in a year after graduation
- If you are good, you can get a scholarship; 1 in 3 students are scholars
- They have over 9 campuses nationwide
- They have 80% to 100% success rate in licensure exams
Although PHINMA was only established in 2004, it has acquired many schools in the Philippine provinces. Overall, PHINMA specializes in science and health, but they do offer excellent business administration education. As far as tuition fees, expect to pay about ₱50,000 per semester.
4. University of San Carlos School of Business and Economics
This university is a bit small, with only 6,000 students. However, it specializes in business and economics, and it is therefore one of the best business schools in the country.
Here are the best features of this institution:
- Accredited by CHED
- Their programs are accredited by PAASCU
- They have two Centers of Development
- They have a boardroom and office simulation
- They have a service operations laboratory
The university has been around since 1946, which means that it is a highly established and one of the most trusted universities in the country. As far as tuition goes, you would be happy to know that it is highly affordable. The tuition range is ₱19,500 to ₱35,000 per year.
5. Lyceum of the Philippines University
Lyceum is known for being an elite university. They have campuses in Manila, Makati, Cavite, Batangas, Davao, and Laguna. Although LPU specializes in medicine, it also has an excellent program for business administration.
Here are the benefits of studying in this school:
- The founder was a former Philippine president
- The university has been around since 1952
- They offer doctorate degrees for business
Like Enderun, PSU has a culinary school. The only caveat if you study in this institution, is the cost. You must prepare between ₱50,000 and ₱57,000 per semester, and this does not yet include the miscellaneous fees.
6. Asian Institute of Management
The AIM has been around for over 50 years. As the name suggests, they specialize in business management courses, such as International Master in Business Administration, Financial Technology, and other programs. The good thing about AIM is they have an online course for Master’s degrees.
Here are the benefits of studying here:
- They offer scholarships and financial aid
- It is an international school with students from 80 countries
- There are leadership courses
- Their curricula are specifically designed for Asian businesses
As far as tuition goes, be prepared to shell out 1 million pesos for the entire master’s degree course. You need to pay a reservation fee of ₱140,000 upon enrollment.
7. De La Salle University
The specific branch of De La Salle for business school is the Ramon V. del Rosario College of Business. Their programs include:
- Bachelor of Science in Advertising Management
- Bachelor of Science in Applied Corporate Management
- Bachelor of Science in Business Management
- Bachelor of Science in Entrepreneurship
Why study in De La Salle? Because it is a school that prides itself on high-quality education. It is one of the oldest schools in the Philippines, and it is located in the heart of Manila.
Here are the benefits:
- They have research centers
- Their network consists of 16 academic institutions
- It has an independent Board of Trustees
For the tuition cost, it ranges from ₱59,000 to ₱75,000 per semester for 18 units. They also offer scholarships to students who are at the top of the entrance exams.
8. Ateneo de Manila University
The Ateneo Graduate School of Business is one of the best schools in the country because of its leading management education curricula. The business school was established in 1948. They specialize in:
- Business administration
- Economics
- Business Philosophy
- Sociology
Here are the features of their business school:
- You can take these subjects on a part-time basis
- The course is trimestral
- No more than 35 students per class
The standard cost of the tuition is ₱18,545.70/course for the MBA. Those who seek to get a full MBA will pay up to ₱31,781 per course.
9. University of the Philippines
UP is a big university, and the specific school of business is called the Virata School of Business. It is located in Metro Manila and has been one of the leading business schools in the country since 1916. They offer both MBA and undergraduate business courses.
Here are the benefits of studying at UP Virata School of Business:
- UP is the symbol of the Philippines’ academic excellence
- Tuition is lower than other universities because the government subsidizes its cost
- The standards are high; the top 15% smartest Filipinos study here
The tuition at UP costs only ₱2,000 per unit. It does not include other miscellaneous fees. As such, a 24-unit semester only costs ₱48,000, which is smaller compared to Enderun.
10. University of Santo Tomas
Commonly called UST, this university is one of the first tertiary educational systems in the Philippines since the Spanish occupation. For business, you must go to the College of Commerce and Business Administration.
Here are the benefits of studying here:
- Wide range of majors
- They have undergraduate and graduate courses
- The school leads in the bar exams and other licensure exams in the country
- Super spacious school grounds
The tuition cost is a bit similar to UP, but a little higher. Typically, you will shell out ₱50,000 to ₱60,000 per semester.
11. University of Mindanao
This university has a dedicated College of Business Administration or CBAE. This department aims to prepare individuals to become business-savvy one day. They concentrate on both theories and practical applications.
Here are the benefits of studying here:
- Clean classrooms that are conducive to learning
- Approachable professors, you can rely on
- Class schedules are flexible
- It has 13 campuses in the region
Here are some of the undergraduate business courses you can take:
- Entrepreneurship
- Legal Management
- Business Economics
- Financial Management
- Human Resource Management
- Marketing Management
- Business Analytics
Tuition fees here start at around ₱2,000 per unit. International students, however, pay about $2,500 per year.
12. Silliman University
Silliman University is an excellent option because it offers several areas of expertise in business administration. Below are some examples:
- Human Resource Management
- Business Economics
- Business Analytics and Accounting
- Finance and Operations
Silliman is in the top 10 universities in the Philippines. Apart from business courses, they also offer marine science, nursing, and anthropology.
Here are the benefits of studying here:
- It is a non-sectarian school
- 5% of its population comprises students from other countries
- CHED declared the university a Center of Excellence
The tuition in Silliman is around ₱50,000 per semester. The rates vary according to the degree, but it is one of the most affordable business schools in the country.
13. The University of the East
Also called UE, the university has been around for 75 years. More than a million people have graduated from this prestigious university. For business courses, they merged accountancy and business administration under one wing.
Here are the benefits of studying in this school:
- Excellent school facilities and laboratories
- Affordable tuition fees
- Multiple options in business administration such as finance, marketing, and accounting.
The tuition fee ranges from ₱40,000 to ₱80,000 per semester.
14. Mapua University
When it comes to engineering, Mapua is the best in the country. However, they also have excellent program offerings for business administration. They call this department the E.T. Yuchengco School of Business.
Here are the benefits of studying here:
- Specialization in Operations Management, Marketing Management, and Financial Management
- Apply information technology and communication technology in the business environment.
- Students learn theoretical knowledge and also practical tests
In Mapua, you can take business courses and specialize in niche fields like logistics, supply chain, project management, and procurement. Mapua University offers a low-cost education, which can start from ₱24,000 per semester.
15. Miriam College
Last on our list is Miriam College, which was also declared by CHED as a Center of Excellence. They offer degrees like:
- Financial management
- Human Resources Management
- Marketing Management
It is a Christian school, and the tuition fee is anywhere between ₱31,000 to ₱62,000 per semester.
Summary of Tuition Fees: Best School for Business Administration Philippines
Here is a quick look at the cost of tuition for best school for business administration Philippines:
TOP BUSINESS SCHOOLS | TUITION |
---|---|
Enderun | ₱230,000 to ₱270,000 per semster |
Philippine School of Business Administration (PSBA) | ₱27,000 to ₱60,000 per semester |
Southwestern University PHINMA Business School | ₱50,000 per semester |
University of San Carlos School of Business and Economics | ₱19,500 to ₱35,000 per year |
Lyceum of the Philippines University | ₱50,000 to ₱57,000 per semester |
Asian Institute of Management | ₱1 million |
De La Salle University | ₱59,000 to ₱75,000 |
Ateneo de Manila University | ₱18,545.70/course to ₱31,781/course. |
University of the Philippines | ₱48,000 per semester |
University of Santo Tomas | ₱50,000 to ₱60,000 per semester |
University of Mindanao | ₱2,000 per unit |
Silliman University | ₱50,000 per semester |
The University of the East | ₱40,000 to ₱80,000 per semester |
Mapua University | ₱24,000 per semester |
Miriam College | ₱31,000 to ₱62,000 per semester |
When choosing an institution, it is important for prospective students to consider these costs, as well as the reputation and offerings of each institution. Based on the provided tuition fee data for business administration programs in the Philippines, there’s a wide range in costs across institutions. The tuition fees vary significantly, with prestigious institutions like the Asian Institute of Management having a tuition of ₱1 million, while others like the University of Mindanao charge ₱2,000 per unit. The majority of schools, such as Enderun, Lyceum of the Philippines University, and the University of Santo Tomas, typically charge between ₱50,000 to ₱60,000 per semester.
Summary: Business Schools in the Philippines
A business school is what you need to prepare for a career in business, either as an entrepreneur or a business manager. Without a business school, it can take you years to learn the fundamentals of running a business. Worse, you may make costly mistakes if you learn from experience.
FAQ
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What is the best school for business?All the schools on our list are the best. We already removed the ones that are not worth your time and money.
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Is business school worth it?Definitely. Business schools Philippines prepare you for a great business career.
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How long is business school in the Philippines?It depends. Basic courses in business administration schools in Philippines can take four years. A master’s degree can take only two years.
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Why study business at all?You must study business in best business school in the Philippines so you will learn the principles before entering into a business. It is better this way than learning from your mistake.
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Is business administration tuition fee Philippines expensive?Yes, business schools in the Philippines are a tad expensive because it is a school for people who have the financial means to put up a business. However, if you do well, we can say that the money and time spent are all worth it.