Best Business Schools in Latin America

Updated: March 15, 2026

Ranking by academic field

Below is a list of best universities in Latin America ranked based on their research performance in Business. A graph of 6.87M citations received by 496K academic papers made by 396 universities in Latin America was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.

We don't distinguish between undergraduate and graduate programs nor do we adjust for current majors offered. You can find information about granted degrees on a university page but always double-check with the university website.

1. University of Sao Paulo

Brazil | Sao Paulo

For Business

#1 in Brazil

#113 in the World

Acceptance Rate: 9%
Enrollment: 97,964
Founded: 1827

2. State University of Campinas

Brazil | Campinas

For Business

#2 in Brazil

#327 in the World

Acceptance Rate: 15%
Founded: 1966

3. Federal University of Rio Grande do Sul

Brazil | Porto Alegre

For Business

#3 in Brazil

#390 in the World

Founded: 1934

4. Federal University of Rio de Janeiro

Brazil | Rio de Janeiro

For Business

#4 in Brazil

#419 in the World

Acceptance Rate: 10%
Enrollment: 67,329
Founded: 1920

5. National Autonomous University of Mexico

Mexico | Mexico City

For Business

#1 in Mexico

#434 in the World

Enrollment: 360,883
Founded: 1551

6. Federal University of Santa Catarina

Brazil | Florianopolis

For Business

#5 in Brazil

#476 in the World

Acceptance Rate: 15%
Founded: 1960

7. University of Chile

Chile | Santiago

For Business

#1 in Chile

#479 in the World

Founded: 1842

8. Federal University of Minas Gerais

Brazil | Belo Horizonte

For Business

#6 in Brazil

#485 in the World

Acceptance Rate: 17%
Enrollment: 45,038
Founded: 1927

9. Pontifical Catholic University of Chile

Chile | Santiago

For Business

#2 in Chile

#540 in the World

Enrollment: 33,971
Founded: 1888

10. Sao Paulo State University

Brazil | Sao Paulo

For Business

#7 in Brazil

#561 in the World

Acceptance Rate: 35%
Founded: 1976

11. Monterrey Institute of Technology

Mexico | Monterrey

For Business

#2 in Mexico

#624 in the World

Acceptance Rate: 56%
Enrollment: 9,000
Founded: 1943

12. University of Brasilia

Brazil | Brasilia

For Business

#8 in Brazil

#653 in the World

Acceptance Rate: 10%
Founded: 1962

13. National Polytechnic Institute

Mexico | Mexico City

For Business

#3 in Mexico

#655 in the World

Acceptance Rate: 35%
Enrollment: 170,000
Founded: 1936

14. Pontifical Catholic University of Rio de Janeiro

Brazil | Rio de Janeiro

For Business

#9 in Brazil

#719 in the World

Acceptance Rate: 37%
Founded: 1941

15. Federal University of Pernambuco

Brazil | Recife

For Business

#10 in Brazil

#794 in the World

Founded: 1946

16. University of Buenos Aires

Argentina | Buenos Aires

For Business

#1 in Argentina

#845 in the World

Enrollment: 262,932
Founded: 1821

17. Federal University of Parana

Brazil | Curitiba

For Business

#11 in Brazil

#848 in the World

Acceptance Rate: 15%
Founded: 1912

18. Fluminense Federal University

Brazil | Niteroi

For Business

#12 in Brazil

#879 in the World

Acceptance Rate: 15%
Founded: 1960

19. National University of Colombia

Colombia | Bogota

For Business

#891 in the World

Acceptance Rate: 10%
Enrollment: 54,284
Founded: 1867

20. Federal University of Sao Carlos

Brazil | Sao Carlos

For Business

#13 in Brazil

#894 in the World

Acceptance Rate: 9%
Founded: 1968

21. University of the Northeast

Mexico | Tampico

For Business

#4 in Mexico

#1044 in the World

Founded: 1970

22. Federal University of Santa Maria

Brazil | Santa Maria

For Business

#14 in Brazil

#1048 in the World

Founded: 1960

23. University of the Andes, Colombia

Colombia | Bogota

For Business

#1077 in the World

Acceptance Rate: 48%
Founded: 1949

24. University of the State of Rio de Janeiro

Brazil | Rio de Janeiro

For Business

#15 in Brazil

#1136 in the World

Founded: 1950

25. Metropolitan Autonomous University

Mexico | Mexico City

For Business

#5 in Mexico

#1158 in the World

Acceptance Rate: 26%
Enrollment: 61,152
Founded: 1974

26. National University of La Plata

Argentina | La Plata

For Business

#2 in Argentina

#1161 in the World

Acceptance Rate: 70%
Founded: 1905

27. Federal University of Vicosa

Brazil | Vicosa

For Business

#16 in Brazil

#1171 in the World

Founded: 1922

28. Federal University of Ceara

Brazil | Fortaleza

For Business

#17 in Brazil

#1172 in the World

Acceptance Rate: 10%
Founded: 1954

29. Federal University of Sao Paulo

Brazil | Sao Paulo

For Business

#18 in Brazil

#1182 in the World

Founded: 1933

30. Federal University of Paraiba

Brazil | Joao Pessoa

For Business

#19 in Brazil

#1206 in the World

Acceptance Rate: 10%
Founded: 1955

31. Federal University of Bahia

Brazil | Salvador

For Business

#20 in Brazil

#1231 in the World

Founded: 1946

32. Federal University of Technology - Parana

Brazil | Curitiba

For Business

#21 in Brazil

#1251 in the World

Acceptance Rate: 20%
Founded: 1909

33. Federico Santa Maria Technical University

Chile | Valparaiso

For Business

#3 in Chile

#1255 in the World

Acceptance Rate: 30%
Founded: 1931

34. Pontifical Catholic University of Rio Grande do Sul

Brazil | Porto Alegre

For Business

#22 in Brazil

#1278 in the World

Founded: 1948

35. University of the Republic

Uruguay | Montevideo

For Business

#1286 in the World

Enrollment: 209,129
Founded: 1833

36. Federal University of Espirito Santo

Brazil | Vitoria

For Business

#23 in Brazil

#1308 in the World

Acceptance Rate: 26%
Enrollment: 23,744
Founded: 1954

37. Federal University of Uberlandia

Brazil | Uberlandia

For Business

#24 in Brazil

#1313 in the World

Acceptance Rate: 20%
Enrollment: 25,494
Founded: 1969

38. Federal University of Rio Grande do Norte

For Business

#25 in Brazil

#1315 in the World

Acceptance Rate: 14%
Founded: 1958

39. Pontifical Catholic University of Parana

Brazil | Curitiba

For Business

#26 in Brazil

#1334 in the World

Acceptance Rate: 80%
Founded: 1959

40. University of the Rio dos Sinos Valley

Brazil | Sao Leopoldo

For Business

#27 in Brazil

#1347 in the World

Acceptance Rate: 80%
Enrollment: 23,988
Founded: 1969

41. University of Guadalajara

Mexico | Guadalajara

For Business

#6 in Mexico

#1353 in the World

Acceptance Rate: 28%
Enrollment: 339,508
Founded: 1792

42. University of Concepcion

Chile | Concepcion

For Business

#4 in Chile

#1397 in the World

Founded: 1920

43. Federal University of Goias

Brazil | Goiania

For Business

#28 in Brazil

#1453 in the World

Acceptance Rate: 12%
Founded: 1960

44. Federal University of Campina Grande

Brazil | Campina Grande

For Business

#29 in Brazil

#1524 in the World

Acceptance Rate: 12%
Founded: 2002

45. Autonomous University of Nuevo Leon

Mexico | San Nicolas de los Garza

For Business

#7 in Mexico

#1530 in the World

Acceptance Rate: 80%
Founded: 1933

46. Pontifical Catholic University of Peru

For Business

#1 in Peru

#1540 in the World

Acceptance Rate: 17%
Founded: 1917

47. University of Santiago de Chile

Chile | Santiago

For Business

#5 in Chile

#1617 in the World

Acceptance Rate: 30%
Founded: 1849

48. Pontifical Javeriana University

Colombia | Bogota

For Business

#1626 in the World

Acceptance Rate: 40%
Founded: 1623

49. Torcuato di Tella University

Argentina | Buenos Aires

For Business

#3 in Argentina

#1633 in the World

Acceptance Rate: 25%
Founded: 1991

50. State University of Maringa

Brazil | Maringa

For Business

#30 in Brazil

#1636 in the World

Founded: 1970

51. University of Antioquia

Colombia | Medellin

For Business

#1645 in the World

Acceptance Rate: 10%
Founded: 1803

52. El Rosario University

Colombia | Bogota

For Business

#1650 in the World

Enrollment: 13,226
Founded: 1653

53. Federal University of Pelotas

Brazil | Pelotas

For Business

#31 in Brazil

#1708 in the World

Founded: 1969

54. Federal University of Para

For Business

#32 in Brazil

#1728 in the World

Founded: 1957

55. Nove de Julho University

Brazil | Sao Paulo

For Business

#33 in Brazil

#1736 in the World

Acceptance Rate: 50%
Founded: 1972

56. State University of Londrina

Brazil | Londrina

For Business

#34 in Brazil

#1743 in the World

Founded: 1970

57. Mackenzie Presbyterian University

Brazil | Sao Paulo

For Business

#35 in Brazil

#1744 in the World

Acceptance Rate: 50%
Founded: 1952

58. Federal University of Juiz de Fora

Brazil | Juiz de Fora

For Business

#36 in Brazil

#1772 in the World

Acceptance Rate: 16%
Founded: 1960

59. University of the West Indies, Mona

For Business

#1818 in the World

Enrollment: 49,092
Founded: 1948

60. University of Costa Rica

Costa Rica Flag

Costa Rica | San Jose

For Business

#1 in Costa Rica

#1830 in the World

Acceptance Rate: 40%
Enrollment: 30,436
Founded: 1940

61. Federal University of Lavras

Brazil | Lavras

For Business

#37 in Brazil

#1834 in the World

Acceptance Rate: 16%
Founded: 1908

62. Autonomus Institute of Technology of Mexico

Mexico | Mexico City

For Business

#8 in Mexico

#1858 in the World

Founded: 1946

63. Federal University of Itajuba

Brazil | Itajuba

For Business

#38 in Brazil

#1867 in the World

Acceptance Rate: 20%
Founded: 1913

64. Federal University of ABC

Brazil | Santo Andre

For Business

#39 in Brazil

#1870 in the World

Acceptance Rate: 10%
Founded: 2005

65. National University of Cordoba

Argentina | Cordoba

For Business

#4 in Argentina

#1872 in the World

Acceptance Rate: 70%
Enrollment: 178,288
Founded: 1613

66. Adolfo Ibanez University

Chile | Vina del Mar

For Business

#6 in Chile

#1882 in the World

Founded: 1953

67. University of the Valley

Colombia | Cali

For Business

#1899 in the World

Founded: 1945

68. University of the Andes

Venezuela | Merida

For Business

#1 in Venezuela

#1908 in the World

Acceptance Rate: 11%
Founded: 1810

69. National University of the South

Argentina | Bahia Blanca

For Business

#5 in Argentina

#1925 in the World

Founded: 1956

70. University of Talca

For Business

#7 in Chile

#1930 in the World

Founded: 1981

71. University of America in Colombia

Colombia | Bogota

For Business

#1977 in the World

Founded: 1958

72. Center for Research and Teaching in Economics

Mexico | Mexico City

For Business

#9 in Mexico

#2003 in the World

Founded: 1974

73. Santa Catarina State University

Brazil | Florianopolis

For Business

#40 in Brazil

#2012 in the World

Acceptance Rate: 70%
Founded: 1965

74. Federal Rural University of Pernambuco

Brazil | Recife

For Business

#41 in Brazil

#2024 in the World

Founded: 1912

75. EAFIT University

Colombia | Medellin

For Business

#2025 in the World

Acceptance Rate: 77%
Enrollment: 2,868
Founded: 1960

76. University of Ribeirao Preto

Brazil | Ribeirao Preto

For Business

#42 in Brazil

#2034 in the World

Acceptance Rate: 58%
Founded: 1924

77. Pontifical Catholic University of Valparaiso

Chile | Valparaiso

For Business

#8 in Chile

#2042 in the World

Founded: 1928

78. Michoacan University of Saint Nicholas of Hidalgo

Mexico | Morelia

For Business

#10 in Mexico

#2070 in the World

Acceptance Rate: 50%
Founded: 1540

79. University of Guanajuato

Mexico | Guanajuato

For Business

#11 in Mexico

#2104 in the World

Enrollment: 44,503
Founded: 1945

80. ESPOL Polytechnic University

Ecuador | Guayaquil

For Business

#2115 in the World

Acceptance Rate: 50%
Founded: 1958

81. Pontifical Catholic University of Sao Paulo

Brazil | Sao Paulo

For Business

#43 in Brazil

#2137 in the World

Acceptance Rate: 50%
Founded: 1946

82. Diego Portales University

Chile | Santiago

For Business

#9 in Chile

#2152 in the World

Acceptance Rate: 50%
Founded: 1982

83. Autonomous University of Puebla

Mexico | Delicias

For Business

#12 in Mexico

#2164 in the World

Acceptance Rate: 46%
Founded: 1587

84. Pontifical Catholic University of Minas Gerais

Brazil | Belo Horizonte

For Business

#44 in Brazil

#2219 in the World

Founded: 1958

85. Federal University of Ouro Preto

Brazil | Ouro Preto

For Business

#45 in Brazil

#2237 in the World

Acceptance Rate: 15%
Founded: 1969

86. Federal University of Mato Grosso do Sul

Brazil | Campo Grande

For Business

#46 in Brazil

#2265 in the World

Acceptance Rate: 15%
Founded: 1969

87. National University of Rosario

Argentina | Rosario

For Business

#6 in Argentina

#2282 in the World

Founded: 1968

88. Federal University of Alagoas

Brazil | Maceio

For Business

#47 in Brazil

#2285 in the World

Founded: 1961

89. Autonomous University of San Luis Potosi

Mexico | San Luis Potosi

For Business

#13 in Mexico

#2318 in the World

Acceptance Rate: 50%
Founded: 1859

90. Autonomous University of the State of Mexico

Mexico | Toluca

For Business

#14 in Mexico

#2327 in the World

Founded: 1956

91. Andres Bello University

Chile | Santiago

For Business

#10 in Chile

#2348 in the World

Acceptance Rate: 60%
Founded: 1988

92. Simon Bolivar University, Venezuela

Venezuela | Caracas

For Business

#2 in Venezuela

#2355 in the World

Acceptance Rate: 10%
Founded: 1967

93. Federal Foundation University of Rio Grande

Brazil | Rio Grande

For Business

#48 in Brazil

#2383 in the World

Founded: 1969

94. Catholic University of Brasilia

Brazil | Brasilia

For Business

#49 in Brazil

#2388 in the World

Acceptance Rate: 60%
Founded: 1974

95. University of Fortaleza

Brazil | Fortaleza

For Business

#50 in Brazil

#2391 in the World

Acceptance Rate: 50%
Founded: 1973

96. National University of San Juan

Argentina | San Juan

For Business

#7 in Argentina

#2393 in the World

Founded: 1973

97. University of Pernambuco

Brazil | Recife

For Business

#51 in Brazil

#2403 in the World

Founded: 1990

98. Federal University of Amazonas

Brazil | Manaus

For Business

#52 in Brazil

#2435 in the World

Acceptance Rate: 10%
Founded: 1909

99. Rio de Janeiro State Federal University

Brazil | Rio de Janeiro

For Business

#53 in Brazil

#2447 in the World

Acceptance Rate: 15%
Founded: 1969

100. Federal University of Sergipe

Brazil | Sao Cristovao

For Business

#54 in Brazil

#2475 in the World

Acceptance Rate: 10%
Founded: 1963