The best undergraduate business school for 2017

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Though nothing will teach you more about the business and finance world than good old-fashioned experience, a solid undergraduate education isn't too shabby either.

The rankings are in again, and U.S. News has pooled its research and data together to find 2017's best undergraduate economics and business schools around the world.

SEE ALSO: The 18 private colleges where students go on to earn the most money

Short of getting an MBA or an additional graduate degree, attending a top business school for an undergraduate degree in the subject is extremely valuable for a student who choses to pursue a career in the field.

So which schools clinched the top spots? Look through to see the top 12 schools for economics and business in the world:

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Top 12 economics and business schools in the world
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Top 12 economics and business schools in the world

#12: Northwestern University
Evanston, Illinois
Subject score: 73.4

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#11: Yale University
New Haven, Connecticut 
Subject score: 76.8

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#10: University of Michigan -- Ann Arbor
Ann Arbor, Michigan 
Subject score: 77.7

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#9: London School of Economics and Political Science
London, United Kingdom 
Subject score: 78.8

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#8: New York University 
New York, New York
Subject score: 81.3

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#7: Columbia University     
New York, New York
Subject score: 81.5

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#6: University of Chicago
Chicago, Illinois
Subject score: 84

Photo credit: Reuters

#5: University of California -- Berkeley 
Berkeley, California 
Subject score: 85.3

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#4: Stanford University     
Stanford, California 
Subject score: 86.3

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#3: University of Pennsylvania 
Philadelphia, Pennsylvania 
Subject score: 86.6

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#2: Massachusetts Institute of Technology
Cambridge, Massachusetts 
Subject score: 90.3

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#1: Harvard University
Cambridge, Massachusetts 
Subject score: 100

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U.S. News included fields such as finance, management, labor studies and other various subjects under the umbrella of "economics and business".

Schools were ranked based on academic research performance across the subjects above.

For the full list of 200 schools, visit U.S. News.

RELATED: Top 10 MBA programs in the United States:

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Top 10 business schools in the US
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Top 10 business schools in the US

#10: Columbia University 
New York, NY

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(Tie) #8: Yale University
New Haven, Connecticut

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(Tie) #8: Dartmouth College (Tuck)
Hanover, New Hampshire

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#7: University of California -- Berkeley (Haas)
Berkeley, California

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(Tie) #5: Northwestern University (Kellogg)
Evanston, Illinois

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(Tie) #5: Massachusetts Institute of Technology (Sloan)
Cambridge, Massachusetts 

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#4: University of Pennsylvania (Wharton)
Philadelphia, Pennsylvania 

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#3: University of Chicago (Booth)
Chicago, Illinois 

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#2: Stanford University 
Stanford, California 

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#1: Harvard University
Boston, Massachusetts

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