Best Business Schools in Latin America

Updated: March 02, 2025

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 6.27M citations received by 485K academic papers made by 395 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

#326 in the World

Acceptance Rate: 15%
Founded: 1966

3. Federal University of Rio Grande do Sul

Brazil | Porto Alegre

For Business

#3 in Brazil

#388 in the World

Founded: 1934

4. Federal University of Rio de Janeiro

Brazil | Rio de Janeiro

For Business

#4 in Brazil

#417 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

#431 in the World

Enrollment: 360,883
Founded: 1551

6. University of Chile

Chile | Santiago

For Business

#1 in Chile

#476 in the World

Founded: 1842

7. Federal University of Santa Catarina

Brazil | Florianopolis

For Business

#5 in Brazil

#477 in the World

Acceptance Rate: 15%
Founded: 1960

8. Federal University of Minas Gerais

Brazil | Belo Horizonte

For Business

#6 in Brazil

#483 in the World

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

9. Pontifical Catholic University of Chile

Chile | Santiago

For Business

#2 in Chile

#531 in the World

Enrollment: 33,971
Founded: 1888

10. Sao Paulo State University

Brazil | Sao Paulo

For Business

#7 in Brazil

#564 in the World

Acceptance Rate: 35%
Founded: 1976

11. Monterrey Institute of Technology

Mexico | Monterrey

For Business

#2 in Mexico

#640 in the World

Acceptance Rate: 56%
Enrollment: 92,736
Founded: 1943

12. National Polytechnic Institute

Mexico | Mexico City

For Business

#3 in Mexico

#650 in the World

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

13. University of Brasilia

Brazil | Brasilia

For Business

#8 in Brazil

#657 in the World

Acceptance Rate: 10%
Founded: 1962

14. Pontifical Catholic University of Rio de Janeiro

Brazil | Rio de Janeiro

For Business

#9 in Brazil

#709 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

#833 in the World

Enrollment: 262,932
Founded: 1821

17. Federal University of Parana

Brazil | Curitiba

For Business

#11 in Brazil

#846 in the World

Acceptance Rate: 15%
Founded: 1912

18. Fluminense Federal University

Brazil | Niteroi

For Business

#12 in Brazil

#873 in the World

Acceptance Rate: 15%
Founded: 1960

19. National University of Colombia

Colombia | Bogota

For Business

#888 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

#899 in the World

Acceptance Rate: 9%
Founded: 1968

21. Federal University of Santa Maria

Brazil | Santa Maria

For Business

#14 in Brazil

#1041 in the World

Founded: 1960

22. University of the Northeast

Mexico | Tampico

For Business

#4 in Mexico

#1042 in the World

Founded: 1970

23. University of the Andes, Colombia

Colombia | Bogota

For Business

#1064 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

#1127 in the World

Founded: 1950

25. Metropolitan Autonomous University

Mexico | Mexico City

For Business

#5 in Mexico

#1135 in the World

Acceptance Rate: 26%
Enrollment: 61,908
Founded: 1974

26. National University of La Plata

Argentina | La Plata

For Business

#2 in Argentina

#1139 in the World

Acceptance Rate: 70%
Founded: 1905

27. Federal University of Ceara

Brazil | Fortaleza

For Business

#16 in Brazil

#1166 in the World

Acceptance Rate: 10%
Founded: 1954

28. Federal University of Vicosa

Brazil | Vicosa

For Business

#17 in Brazil

#1167 in the World

Founded: 1922

29. Federal University of Sao Paulo

Brazil | Sao Paulo

For Business

#18 in Brazil

#1190 in the World

Founded: 1933

30. Federal University of Paraiba

Brazil | Joao Pessoa

For Business

#19 in Brazil

#1194 in the World

Acceptance Rate: 10%
Founded: 1955

31. Federal University of Bahia

Brazil | Salvador

For Business

#20 in Brazil

#1226 in the World

Founded: 1946

32. Federico Santa Maria Technical University

Chile | Valparaiso

For Business

#3 in Chile

#1235 in the World

Acceptance Rate: 30%
Founded: 1931

33. Federal University of Technology - Parana

Brazil | Curitiba

For Business

#21 in Brazil

#1255 in the World

Acceptance Rate: 20%
Founded: 1909

34. Pontifical Catholic University of Rio Grande do Sul

Brazil | Porto Alegre

For Business

#22 in Brazil

#1267 in the World

Founded: 1948

35. University of the Republic

Uruguay | Montevideo

For Business

#1279 in the World

Enrollment: 209,129
Founded: 1833

36. Federal University of Uberlandia

Brazil | Uberlandia

For Business

#23 in Brazil

#1295 in the World

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

37. Federal University of Espirito Santo

Brazil | Vitoria

For Business

#24 in Brazil

#1297 in the World

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

38. Federal University of Rio Grande do Norte

For Business

#25 in Brazil

#1311 in the World

Acceptance Rate: 14%
Founded: 1958

39. Pontifical Catholic University of Parana

Brazil | Curitiba

For Business

#26 in Brazil

#1325 in the World

Acceptance Rate: 80%
Founded: 1959

40. University of Guadalajara

Mexico | Guadalajara

For Business

#6 in Mexico

#1340 in the World

Acceptance Rate: 28%
Founded: 1792

41. University of the Rio dos Sinos Valley

Brazil | Sao Leopoldo

For Business

#27 in Brazil

#1350 in the World

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

42. University of Concepcion

Chile | Concepcion

For Business

#4 in Chile

#1371 in the World

Founded: 1920

43. Federal University of Goias

Brazil | Goiania

For Business

#28 in Brazil

#1444 in the World

Acceptance Rate: 12%
Founded: 1960

44. Federal University of Campina Grande

Brazil | Campina Grande

For Business

#29 in Brazil

#1505 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

#1511 in the World

Acceptance Rate: 80%
Founded: 1933

46. Pontifical Catholic University of Peru

For Business

#1 in Peru

#1549 in the World

Acceptance Rate: 17%
Founded: 1917

47. Torcuato di Tella University

Argentina | Buenos Aires

For Business

#3 in Argentina

#1582 in the World

Acceptance Rate: 25%
Founded: 1991

48. El Rosario University

Colombia | Bogota

For Business

#1605 in the World

Enrollment: 13,226
Founded: 1653

49. State University of Maringa

Brazil | Maringa

For Business

#30 in Brazil

#1612 in the World

Founded: 1970

50. Pontifical Javeriana University

Colombia | Bogota

For Business

#1623 in the World

Acceptance Rate: 40%
Founded: 1623

51. University of Santiago de Chile

Chile | Santiago

For Business

#5 in Chile

#1627 in the World

Acceptance Rate: 30%
Founded: 1849

52. University of Antioquia

Colombia | Medellin

For Business

#1659 in the World

Acceptance Rate: 10%
Founded: 1803

53. Federal University of Pelotas

Brazil | Pelotas

For Business

#31 in Brazil

#1704 in the World

Founded: 1969

54. Federal University of Para

For Business

#32 in Brazil

#1727 in the World

Founded: 1957

55. Nove de Julho University

Brazil | Sao Paulo

For Business

#33 in Brazil

#1733 in the World

Acceptance Rate: 50%
Founded: 1972

56. State University of Londrina

Brazil | Londrina

For Business

#34 in Brazil

#1740 in the World

Founded: 1970

57. Mackenzie Presbyterian University

Brazil | Sao Paulo

For Business

#35 in Brazil

#1742 in the World

Acceptance Rate: 50%
Founded: 1952

58. Federal University of Juiz de Fora

Brazil | Juiz de Fora

For Business

#36 in Brazil

#1761 in the World

Acceptance Rate: 16%
Founded: 1960

59. University of the West Indies, Mona

For Business

#1779 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

#1817 in the World

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

61. Autonomus Institute of Technology of Mexico

Mexico | Mexico City

For Business

#8 in Mexico

#1821 in the World

Founded: 1946

62. Federal University of Lavras

Brazil | Lavras

For Business

#37 in Brazil

#1830 in the World

Acceptance Rate: 16%
Founded: 1908

63. National University of Cordoba

Argentina | Cordoba

For Business

#4 in Argentina

#1844 in the World

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

64. University of the Andes

Venezuela | Merida

For Business

#1 in Venezuela

#1850 in the World

Acceptance Rate: 11%
Founded: 1810

65. Federal University of Itajuba

Brazil | Itajuba

For Business

#38 in Brazil

#1851 in the World

Acceptance Rate: 20%
Founded: 1913

66. Adolfo Ibanez University

Chile | Vina del Mar

For Business

#6 in Chile

#1874 in the World

Founded: 1953

67. Federal University of ABC

Brazil | Santo Andre

For Business

#39 in Brazil

#1886 in the World

Acceptance Rate: 10%
Founded: 2005

68. University of the Valley

Colombia | Cali

For Business

#1902 in the World

Founded: 1945

69. National University of the South

Argentina | Bahia Blanca

For Business

#5 in Argentina

#1904 in the World

Founded: 1956

70. University of America in Colombia

Colombia | Bogota

For Business

#1914 in the World

Founded: 1958

71. University of Talca

For Business

#7 in Chile

#1946 in the World

Founded: 1981

72. Center for Research and Teaching in Economics

Mexico | Mexico City

For Business

#9 in Mexico

#1985 in the World

Founded: 1974

73. Santa Catarina State University

Brazil | Florianopolis

For Business

#40 in Brazil

#1999 in the World

Acceptance Rate: 70%
Founded: 1965

74. University of Ribeirao Preto

Brazil | Ribeirao Preto

For Business

#41 in Brazil

#2020 in the World

Acceptance Rate: 58%
Founded: 1924

75. EAFIT University

Colombia | Medellin

For Business

#2022 in the World

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

76. Federal Rural University of Pernambuco

Brazil | Recife

For Business

#42 in Brazil

#2035 in the World

Founded: 1912

77. Michoacan University of Saint Nicholas of Hidalgo

Mexico | Morelia

For Business

#10 in Mexico

#2050 in the World

Acceptance Rate: 50%
Founded: 1540

78. Pontifical Catholic University of Valparaiso

Chile | Valparaiso

For Business

#8 in Chile

#2057 in the World

Founded: 1928

79. University of Guanajuato

Mexico | Guanajuato

For Business

#11 in Mexico

#2082 in the World

Enrollment: 44,503
Founded: 1945

80. Pontifical Catholic University of Sao Paulo

Brazil | Sao Paulo

For Business

#43 in Brazil

#2093 in the World

Acceptance Rate: 50%
Founded: 1946

81. ESPOL Polytechnic University

Ecuador | Guayaquil

For Business

#2100 in the World

Acceptance Rate: 50%
Founded: 1958

82. Autonomous University of Puebla

Mexico | Delicias

For Business

#12 in Mexico

#2135 in the World

Acceptance Rate: 46%
Founded: 1587

83. Diego Portales University

Chile | Santiago

For Business

#9 in Chile

#2164 in the World

Acceptance Rate: 50%
Founded: 1982

84. Pontifical Catholic University of Minas Gerais

Brazil | Belo Horizonte

For Business

#44 in Brazil

#2198 in the World

Founded: 1958

85. Federal University of Ouro Preto

Brazil | Ouro Preto

For Business

#45 in Brazil

#2217 in the World

Acceptance Rate: 15%
Founded: 1969

86. National University of Rosario

Argentina | Rosario

For Business

#6 in Argentina

#2248 in the World

Founded: 1968

87. Federal University of Mato Grosso do Sul

Brazil | Campo Grande

For Business

#46 in Brazil

#2274 in the World

Acceptance Rate: 15%
Founded: 1969

88. Autonomous University of San Luis Potosi

Mexico | San Luis Potosi

For Business

#13 in Mexico

#2277 in the World

Acceptance Rate: 50%
Founded: 1859

89. Federal University of Alagoas

Brazil | Maceio

For Business

#47 in Brazil

#2286 in the World

Founded: 1961

90. Simon Bolivar University, Venezuela

Venezuela | Caracas

For Business

#2 in Venezuela

#2299 in the World

Acceptance Rate: 10%
Founded: 1967

91. Autonomous University of the State of Mexico

Mexico | Toluca

For Business

#14 in Mexico

#2317 in the World

Founded: 1956

92. Catholic University of Brasilia

Brazil | Brasilia

For Business

#48 in Brazil

#2353 in the World

Acceptance Rate: 60%
Founded: 1974

93. National University of San Juan

Argentina | San Juan

For Business

#7 in Argentina

#2357 in the World

Founded: 1973

94. University of Fortaleza

Brazil | Fortaleza

For Business

#49 in Brazil

#2361 in the World

Acceptance Rate: 50%
Founded: 1973

95. Federal Foundation University of Rio Grande

Brazil | Rio Grande

For Business

#50 in Brazil

#2374 in the World

Founded: 1969

96. Andres Bello University

Chile | Santiago

For Business

#10 in Chile

#2386 in the World

Acceptance Rate: 60%
Founded: 1988

97. University of Pernambuco

Brazil | Recife

For Business

#51 in Brazil

#2388 in the World

Founded: 1990

98. Federal University of Amazonas

Brazil | Manaus

For Business

#52 in Brazil

#2412 in the World

Acceptance Rate: 10%
Founded: 1909

99. Rio de Janeiro State Federal University

Brazil | Rio de Janeiro

For Business

#53 in Brazil

#2425 in the World

Acceptance Rate: 15%
Founded: 1969

100. National Polytechnic School, Ecuador

Ecuador | Quito

For Business

#2448 in the World

Acceptance Rate: 30%
Founded: 1869