Best MBA Schools in the Philippines
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The 5 Best MBA Schools in the Philippines

How We Chose the Best MBA Schools in the Philippines

Program Duration — Program duration can be a critical factor for many individuals who are balancing their professional careers and their education, which is why we considered this.
Palmes’ League Ranking — We looked at these schools’ Palmes’ League Ranking, an annual ranking of the best business schools across 154 countries. This is conducted by the Eduniversal organization.
Deans’ Recommendation Rate — In conjunction with Eduniversal’s Palmes’ League Ranking, representatives of the ranked schools are surveyed for which institutions other than their own would they recommend to peers.
Tuition Fees — Finally, we made sure that the universities we included offer the best value for your money.

1. Asian Institute of Management (AIM)

Asian Institute of Management Homepage


Campus Address: 123 Paseo de Roxas Avenue, Legazpi Village, Makati, 1229

Contact Number/s: (02) 8892-4011 ext. nos. 3005 / 1852 and 3001 (for foreign applicants)

Email: [email protected] / [email protected] 

Program Duration1 Year
Palmes’ League Ranking4/5 Palmes
Deans’ Recommendation Rate158%
Tuition Fees$28,500 (approximately Php 1.44M)


  • International school offering competitive study abroad opportunities in Asia
  • Only school in the Philippines accredited by the AACSB
  • Short-term study duration


  • Highest tuition fee
  • Only one campus location
  • Extremely fast-paced learning
  • Not suited for students without financial safety net

The Asian Institute of Management (AIM) was established in 1968 in partnership with Ateneo de Manila University, De La Salle University, Harvard Business School, the Ford Foundation, as well as other visionaries of the Asian academic and business communities.

Until now, it remains to be one of the few business schools in Asia to be accredited by the Association to Advance Collegiate Schools of Business (AACSB), one of the three major organizations responsible for the triple accreditation of business schools worldwide.

It’s also the only business school in the Philippines to be awarded four out of five Palmes of Excellence in the Palmes’ League, with the highest deans’ recommendation rate at 158%. The AIM also ranked 29th out of the 100 Most Popular Business Schools on

What sets the AIM apart from other MBA schools is its emphasis on international business exposure. Students must take their learning to foreign AIM campuses in Asia to learn about different cultures and business practices.

For such an experience, you can already anticipate its high tuition fee. Its flagship MBA costs more or less Php 1.4M for a 12-month course — and although they offer a study-now-pay-later scheme and graduate study loans as payment options, a million pesos is still a hefty amount.

But if you find that the AIM’s MBA program is suited to your goals and financial capabilities, by all means, take the risk. After all, it’s a world-class business school that offers a competitive advantage and countless networking opportunities.

2. De La Salle University – Ramon V. del Rosario College of Business (DLSU)

De La Salle University - Ramon V. del Rosario College of Business Homepage


Main Campus Address: 5th Floor, Tower 2, RCBC Plaza 6819 Ayala Avenue 1200 Makati City

Contact Number/s: +632 7753 4611 local 111

Email: [email protected]

Other Campus Locations: Taft Avenue Manila, BGC Taguig

Program Duration2 Years
Palmes’ League Ranking3/5 Palmes
Deans’ Recommendation Rate123%
Tuition FeesPhp 3,816 per unit (Total: Php 137,376 for 36 units)


  • Wide selection of business specializations
  • Excellent part-time MBA program


  • Limited campus locations
  • Heavy workload

Next up on our list is the official MBA arm of De La Salle University, the Ramon V. del Rosario College of Business. DLSU offers several specialization routes for its MBA program, including Financial Management, Human Resources, International Business, and others.

In addition to the general management training provided in the program, DLSU divides its MBA into subject majors as well. This allows students to develop specialized expertise in various disciplines of management if they wish to do so.

Ranking-wise, the school was given three out of five Palmes of Excellence and a 123% dean recommendation rate, placing second overall in the local Palmes’ League 2021. It was also able to rank among the 100 Most Popular Business Schools in 2020 by

DLSU is also a great option for those who are looking to take their MBA studies while working, as its part-time program is among the top 20 in Asia. The duration lasts for one to two years depending on your chosen schedule, costing around P130,000 for a total of 36 units.

That said, it’s an elite program that will keep would-be and mid-level managers busy with quite a heavy workload. However, this rigorous training will help students learn the most essential foundational concepts, principles, and competencies in business administration.

3. Ateneo Graduate School of Business (AGSB)

Ateneo Graduate School of Business Homepage


Main Campus Address: Ateneo Professional Schools, #20 Rockwell Drive, Rockwell Center,

Makati City

Contact Number/s: 88997691 locals 2206 or 2207

Email: [email protected] 

Other Campus Locations: Salcedo Makati, Sta. Rosa Laguna, Clark Field Pampanga, Cebu, Iloilo

Program Duration2 Years, 4 Months
Palmes’ League Ranking3/5 Palmes
Deans’ Recommendation Rate101%
Tuition FeesPhp 18,000-30,000 per course (Total: Php 350,000-450,000 depending on program)


  • Flexible MBA Standard and Middle-Manager programs for different levels
  • Placed first among local MBA programs reviewed by CHED and FAPE
  • Wide selection of campus locations


  • Not suited for those seeking rigorous learning structures
  • High tuition fee

The Ateneo Graduate School opened in Rockwell Center in Poblacion, Makati to house the separate schools of Business, Law, and Government in late 1998. Presently, its MBA program offers a flexible learning experience that’s more case- and workplace-oriented.

The MBA Standard program is a holistic leadership and development program designed for young adult practitioners, while the Middle Manager MBA program is geared towards professionals with supervisory and managerial positions.

In terms of rankings, the AGSB doesn’t fall short. With an average score of 4.6 out of 5.0, it placed first among the 199 local MBA programs reviewed by CHED and the Fund for Assistance to Private Education (FAPE) back in 2005.

It also ranked 63rd out of the 100 Most Popular Business Schools in 2020 by In 2021, it placed third overall in the Palmes’ League Philippines, with a score of three out of five Palmes of Excellence and a dean’s recommendation rate of 101%.

Tuition fees are quite expensive, averaging at Php 27,000 per course. Expect to have a tuition fee of no less than Php 300,000 per program — but this, of course, depends on the number of courses you wish to take per semester and other additional expenses.

However, those who prefer holistic learning will find that Ateneo provides a great environment for it. Students and educators are encouraged to follow a ‘Magis’ mindset, which entails ‘doing more’ in a qualitative sense – it’s a unique way to dive deeper into business learning.

4. University of the Philippines – Cesar E.A. Virata School of Business (VSB)

University of the Philippines - Cesar E.A. Virata School of Business Homepage


Main Campus Address: University of the Philippines Bonifacio Global City, 32nd Street, BGC, Taguig City

Contact Number/s: +632 8927 0488

Email: [email protected]

Program Duration1-3 Years
Palmes’ League Ranking3/5 Palmes
Deans’ Recommendation Rate76%
Tuition FeesPhp 4,500 per unit (Total: Php 189,000 for 42 units)


  • Best university in the Philippines according to the QS World University Ranking
  • Great part-time MBA program
  • Affordable tuition fee


  • Difficult GPAT
  • Limited campus locations

The Cesar E.A. Virata School of Business (VSB) of the University of the Philippines Diliman was established back in 1916. Their MBA program is ideal for all high-potential professionals, regardless of their affiliations with industrial, financial, government, or non-profit institutions.

All MBA students cover the functional areas in business, economics, applied mathematics, statistics, and behavioral science. Additionally, students can also pursue elective courses of their choosing on a trimestral basis to gain further expertise. 

It’s also important to note that the Graduate Program Admission Test (GPAT) of the VSB has extensive coverage of quantitative math, logic, and reading comprehension. Therefore, it’s advisable to prepare sufficiently for it. Of course, its high standards also reflect on its rankings.

According to the QS World University Ranking, the UP VSB remains to be the best university in the Philippines. It also placed fourth in the local Palmes’ League, with a score of three out of five Palmes of Excellence and a 76% dean’s recommendation rate.

Similar to DLSU’s MBA program, VSB offers an extensive part-time evening course that can be completed in three years, while its full-time day course can be completed in two years. Both its MBA and MSFin programs are only conducted on their BGC campus.

It is, however, one of the schools on this list with a more affordable tuition fee. UP VSB also doesn’t sacrifice education quality, striking a balance between technical training and problem-solving to help prepare students for a competitive business environment.

5. University of Santo Tomas (UST) Graduate School

University of Santo Tomas Graduate School Homepage


Campus Address: Thomas Aquinas Research Complex, UST, Sampaloc, Manila, Philippines

Contact Number/s: (+632) 731 5396

Email: [email protected]

Program Duration2 Years
Palmes’ League Ranking2/5 Palmes
Deans’ Recommendation Rate51%
Tuition FeesPhp 2,181 per unit (Total: Php 98,145 for 45 units)


  • Received a level IV accreditation status from PACUCOA
  • Most affordable tuition fee


  • Only one campus location
  • Highest number of units to complete
  • Non-business graduates are required to take foundational courses

The University of Santo Tomas UST Graduate School has been granting masters and doctorals since the 17th century. Its full-time MBA program specifically is widely recognized by different organizations, so it’s a relevant entry on our list.

The school boasts a level IV accreditation status from the Philippine Association of Colleges and Universities Commission on Accreditation (PACUCOA), making it almost on par with other MBA programs from excellent foreign universities.

Moreover, it has been granted two out of five Palmes of Excellence and a deans’ recommendation rate of 51%, placing fifth in the Philippines overall. The UST Grad School has also ranked 7th among all Philippine Business Schools in 2020 according to

Future UST MBA students can choose between finance, human resources, production and operations, marketing, and strategy for their management track focus. Additionally, their communication, leadership, and ethical skills are polished during the program’s run.

Although non-business graduates are required to take nine units of foundational courses, all 45 units required will only take an average of two years to complete. It’s also the school offering the most affordable MBA program on this list, which gives it plus points.

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