MBA Fees in Top Business Schools Abroad

Edited By Sareena Kaur Sethi | Updated on Jul 26, 2024 06:06 PM IST

MBA is one of the popular degrees for international students who want to study in foreign countries as a large proportion of them apply to top business schools in the world every year for the same. Some of the best MBA colleges abroad for Indian students offer various specialisations like Finance, Marketing, Sales, Human Resources, Operations, Supply Chain Management, and many more to international students.

This Story also Contains

MBA in Abroad 2024 - Highlights
Best MBA Colleges Abroad for Indian Students
MBA Fees in Abroad: Globally 2024

MBA Fees in Top Business Schools Abroad

Therefore, it is important to consider the MBA fees abroad to understand the educational expenses one might have to bear as a part of their study abroad journey. As some of the Level 1 MBA colleges are established in different parts of the world the studying cost along with living expenses might lie anywhere between Rs. 40 to Rs. 90 lakhs annually. However, this is just a tentative figure and the actual fees for MBA abroad might be less or more depending upon various factors such as country, province, university, specialisation, degree type, etc.

Furthermore, some of the major top-leading MBA Schools are situated in the UK or the USA hence, creating a general upsurge in the population of international students in these countries which ultimately affects the MBA fees in those countries. Therefore, one needs to be fully prepared and be sure of their choices and preferences before applying to any of the business schools in any country.

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Some of the common requirements for applying to top MBA colleges abroad for Indian students include a higher GPA, English proficiency exams (IELTS/TOEFL), GRE or GMAT scores, valid student visas, LORs, SOPs, and much more. Read the article to learn more about the fees for MBA abroad for international students in 2024.

Also check: Best Countries to Study MBA Abroad for Indian Students 2024

MBA in Abroad 2024 - Highlights

International students can go through the below-mentioned brief overview for pursuing an MBA Abroad in 2024.

MBA in Abroad for International Students

Particulars	Details
Top MBA Universities Abroad	Stanford University University of Pennsylvania Harvard University London Business School HEC Paris
MBA Fees Abroad	Rs. 40 lakhs to Rs. 90 lakhs/annum
MBA Requirements Abroad	Bachelor’s Degree, GMAT, IELTS/TOEFL, Academic Transcripts, LOR, and other supporting documents.
Best Specialisations for MBA Abroad	Finance, Supply Chain Management, Business Analytics, Marketing, Human Resources, etc.

Best MBA Colleges Abroad for Indian Students

The first step an international student needs to take for their study-abroad journey is to choose the university based on their rankings, availability of courses, and tuition fees. Therefore, we have created a list of MBA Universities across the world for international students as per QS Global MBA Rankings 2024.

Top MBA Colleges Abroad for Indian Students

University	QS Rankings 2024
Stanford Graduate School of Business	1
Penn (Wharton)	2
Harvard Business School	3
London Business School	4
HEC Paris	5
MIT (Sloan)	6
Columbia Business School	7
IE Business School	8
Cambridge (Judge)	=9
IESE Business School	=9

MBA Fees in Abroad: Globally 2024

Before applying for an MBA in top business schools abroad, you must calculate the MBA in abroad fees at top business schools as against the packages promised. Here we bring you the fees of MBA in top business schools across the globe. Read below to find out the cost of studying MBA in top business schools in the world:

MBA in USA Cost

The US has been, for a long time, the most sought-after destination for MBA students across the world. The country boasts some of the best names for management studies like Harvard and Stanford. Hence, we have enlisted the MBA fees in USA for international students below along with the QS Rankings.

Fees for Top MBA Colleges in USA

University	Tuition Fees (approx.)	US MBA Rankings
Stanford Graduate School of Business	USD 65,000	1
Penn (Wharton)	USD 62,000	2
Harvard Business School	USD 60,000	3
MIT (Sloan)	USD 87,000	4
Columbia Business School	USD 85,000	5

Also Read: Cost of MS in USA for Indian Students 2024

MBA Fees in Canada

Canada is again a popular destination to explore both education and work opportunities. The country boasts a list of quality business schools like Rotman School of Management and Ivey Business School, which feature in almost all the major rankings of the world. Here we have a list of the best MBA colleges abroad for Indian students in Canada along with the MBA fees and QS MBA Rankings.

Fees for Top MBA Colleges in Canada

University	Tuition fees	Canada MBA Rankings
Rotman School of Management	CAD 139,200	1
McGill (Desautels)	CAD 99,000	2
Western (Ivey)	CAD 126,000	3
UBC (Sauder)	CAD 74,000	4
Queen’s (Smith)	CAD 110,000	5

Also Check: Cost of Studying MS in Canada for Indian Students

Fees for MBA in Europe

The United Kingdom is another destination that is the most popular for management studies. A large number of international students both from EU and non-EU countries flock to the country every year to enroll at the UK, Scotland, Paris, or other European universities. One can find the MBA fees for the same mentioned below at top business schools with their QS rankings.

MBA College Fees in Europe

University	Tuition Fees	Europe MBA Rankings
London Business School	GBP 115,000	1
HEC Paris	EUR 98,000	2
IE Business School	EUR 84,000	3
Cambridge (Judge)	GBP 74,000	=4
IESE Business School	EUR 105,000	=4

Also Read: Study in Europe for Indian Students

Foreign MBA Fees for Asia

Asia is among the biggest continents in the world and is home to some of the Tier 1 business schools across the globe. Every year many international students fly to countries such as Africa and the Middle East, Hong Kong, China, and much more to pursue their higher education. Therefore, we have mentioned some of the leading Asian business schools with their MBA fees and QS rankings.

Top MBA Colleges in Asia with Fee Structure

University	Tuition fees	Asia MBA Rankings
National University of Singapore	SGD 87,000	1
Tsinghua University	RMB 198,000	2
Nanyang NTU Singapore	SGD 82,000	3
University of Hong Kong	HKD 600,000	4
CEIBS	RMB 478,000	5

MBA Abroad Fees for Latin America

Latin America is steadily making its way up to the group of countries attracting the most number of international students. Latin America’s business schools are comparatively cheaper than Oceania and the US. Here we bring to you MBA in foreign countries fees as well. One can find the MBA fees for the same mentioned below at top business schools with their QS rankings.

Fees for Top MBA Colleges in Latin America

University	Tuition fees	QS MBA Rankings (Latin America)
EGADE Business School	USD 40,000	1
INCAE Business School	USD 60,000	2
IAE Business School	EUR 20,000	3
Universidad de Palermo	USD 3,000	4
IPADE Business School	USD 50,000	5

MBA Fees for Australia

While Australia is considered to be one of the most affordable study destinations for international students, the cost of studying MBA abroad for Indian students in Australia is, comparatively much lower than that of the US. For instance, Australia is home to many top-ranked business schools in the world like the Melbourne Business School and the Sydney Business School. Here we have a list of the best MBA colleges abroad for Indian students in Australia.

Fees of Top MBA Colleges in Australia

University	Tuition fees	QS MBA Rankings(Oceania)
Melbourne Business School	AUD 106,650	1
UNSW (AGSM)	AUD 68,000	2
University of Sydney Business School	AUD 40,000	3
UQ Business School	AUD 62,000	4
Monash Business School	AUD 53,000	5

Check out: Cost of studying MS in Australia for Indian Students

MBA Fees for Middle East and Africa

While countries like the USA and Australia have been tried and tested, a new breed of international students is exploring fresh destinations like Africa and the Middle East to study MBA. While still expensive, African and Middle Eastern business schools charge comparatively lower tuition fees than business schools in the USA or Australia.

MBA Fees for Colleges in the Middle East and Africa

University	Tuition fees	QS MBA Rankings
Suliman S. Olayan School of Business at AUB	USD 1032/Credit	1
Qatar University	QR 2,600/Credit	2
Cape Town GSB	ZAR 25,000	3
The American University in Cairo	USD 735/Credit	4
United Arab Emirates University College of Business and Economics	AED 88,000	5

Frequently Asked Questions (FAQs)

1. Which country is best for MBA fees?

There are many countries across the globe that is considered to be top-tier in terms of providing the best MBA programmes to international students. Some of these countries include USA, UK, Canada, Australia, and many more.

2. How much does an MBA in abroad cost?

Although pursuing higher education abroad can be quite expensive for Indian students but it promises a better future and career path in the long hence, the reason why so many people prefer to study MBA in a foreign country. The average fee of pursuing an MBA at top business schools across the globe is anywhere around Rs. 40 lakhs to Rs. 90 lakhs.

3. Which country is best for MBA in international business?

In terms of quality education, experienced faculty, and reputed universities countries such as the US, UK, and Canada, are regarded as the most popular of them all. A large proportion of international students pursue their MBA degrees at top-tier business schools in these countries.

4. How much does MBA International business cost?

MBA courses with specific specialisation can vary in terms of cost as compared to the general degree. Therefore, the fee of pursuing an MBA in International business can be approximately Rs. 30 lakhs to Rs. 60 lakhs. However, this range may vary depending upon the country, university, and specialisation one might apply to as an individual.