If you’re considering a master’s degree to further your career, there’s no better choice than a Master’s of Business Administration (MBA). While competition for the top MBA programs can be stiff, admission to these elite schools can truly open doors. Here are the five most competitive MBA programs.

Stanford University’s Graduate School of Business

This sought-after MBA program rejects more applicants than any other: an astounding 93.9 percent of applicants. Those who do make the grade enjoy a sustainable campus in an incredible climate, a diverse set of colleagues with students from more than 50 different countries, and access to all the Silicon Valley has to offer (along with world-class academics, of course).

Harvard Business School

The Harvard name has long been shorthand for Ivy League excellence, so it’s no surprise that it’s one of the most selective business schools in the country, rejecting 89.3 percent of applicants. The school boasts leadership challenges set in a real-world environment, a residential learning community like no other, and access to perhaps the most influential alumni pool in the world.

UC-Berkeley’s Haas School

With an acceptance rate of just 13 percent, UC-Berkeley’s Haas School ranks as the third most selective MBA program. Students in the school’s exclusive Leading Through Innovation program can choose to study within several core areas, including finance, economic analysis and public policy, and many more.

MIT Sloan

An acceptance rate of 13.8 percent places MIT’s Sloan as one of the top five most selective programs. With a curriculum centered on invention, the school also ranks high among the most prestigious schools because of its personalized curriculum, unique Action Learning labs, and collaborative environment valuing innovation.

UCLA Anderson School of Management

While it’s not quite as hard to get into as the other schools on this list, UCLA’s MBA program accepts just 17 percent of applicants. With a culture of charity, global immersion, and team-based case competitions, this is the program of choice for students who want to be on the leading edge of progress. And with an alumni network of more than 37,000, graduates are in good company at UCLA.

With the most highly selective schools estimating that at least 80 percent of applicants are qualified to attend their MBA programs, admission remains challenging. However, experts note as that post-MBA salaries and opportunities continue to grow, this master’s degree is a relatively safe bet for business-minded candidates.