MBA in USA for Indian Students 2024: Fees, Requirements, Universities

Pursuing an MBA in USA is a dream for many Indian students. MBA in USA 2024 is recognised globally for its wide range of specialisations, quality of education, industry connections, and job opportunities. Moreover, most of the MBA colleges in USA for Indian students are ranked among the top 100 MBA colleges in the world by QS and THE.

This Story also Contains

1. MBA in USA 2024: Highlights
2. Benefits of Studying MBA in USA
3. Top MBA Universities in USA 2024
4. MBA Admission Requirements in USA
5. Documents Required for MBA Admission in USA
6. Can I Study MBA in USA without GMAT?
7. MBA Intakes in USA
8. Cost of MBA in USA
9. Affordable MBA Colleges in USA
10. Scholarships for MBA in USA 2024
11. Work Permit After MBA in USA
12. Career Prospects after MBA in USA

Indian students can study at some of the top business schools in USA, including Harvard, Stanford, Wharton, and MIT Sloan. These schools are known for their excellent teaching, cutting-edge research, and strong connections with industry leaders. These universities provide students with case studies, internships, and hands-on projects that help help them to learn in practical settings.

Study MBA in USA offers a wide range of career opportunities for international students. The average MBA salary in USA is around Rs. 50,00,000 per year. The average MBA in USA cost is around Rs. 40 to Rs. 60 lakhs for Indian students. Additionally, students require approximately Rs. 1,67,000 per month to manage their cost of living in USA. In addition to this, many government and non-government organisations offer various scholarships and grants for Indian and international students to manage their finances in USA.

The United States provides MBA degrees in a variety of specialisations, including Marketing, Finance, International Business, Entrepreneurship, and others. Students who want to study MBA in the United States must obtain a bachelor's degree from an accredited university and have a strong academic background.

The qualification of GMAT or GRE is a mandatory requirement to study MBA in USA for Indian students. International students with a non-native English background must provide a valid score in TOEFL or IELTS to demonstrate English language proficiency. Read the complete article to learn more about MBA in UK, benefits of studying in USA for international students, academic requirements, fees and more.

MBA in USA 2024: Highlights

Benefits of Studying MBA in USA

The United States is well-known for its universities, excellent quality of education, student life, and employability. An MBA from the United States is widely acknowledged throughout the world. There are several benefits of MBA in USA, some of them are listed below:

• The United States is known for the world's greatest MBA schools, including MIT, Harvard, Yale, Stanford, and Penn.

• US colleges and universities offer a friendly environment with a diverse student population.

• MBA graduates from the US are sought after by the top global recruiters.

• Several colleges in the United States offer online MBA programmes, allowing students to study from the convenience of their own homes. Also, an online MBA is less expensive than a full-time MBA. Some of the colleges providing online MBA degrees are the University of Southern California, the University of North Carolina, Indiana University, and others.

Also Read: Benefits of studying in USA for Indian Students

Top MBA Universities in USA 2024

Top universities in USA that offer MBA programmes for Indian students are ranked on a variety of factors including infrastructure, quality of education, campus life, employability, and more. According to QS 2024 Global MBA Rankings, Stanford Graduate School of Business offers the best full-time MBA programme in both the United States and all over the world.

There are 118 US schools that are among the top MBA options for students planning to study in the US. A list of the best MBA colleges in USA for Indian students is mentioned below.

Top 10 MBA universities in USA

MBA Admission Requirements in USA

All Indian students seeking admission to MBA in USA are required to fulfil the admission requirements set by the universities. However, some of the general eligibility requirements, that one must meet to be considered at US universities are mentioned below.

• Candidates are required to have a bachelor's degree from a recognised Indian university.

• Most US universities require a minimum GPA requirement of 3.0 or more on a scale of 4.0 to be considered eligible for admission to MBA in USA for international students.

• All Indian students must provide a valid score in the GMAT / GRE.

• International students, including those from India, whose first language is not English, must submit proof of English language proficiency, and hence, a minimum score of 6.0 in IELTS and 80 or more on the TOEFL exam is required.

• Some US universities might require work experience for admission to their MBA programmes.

Documents Required for MBA Admission in USA

Indian students are required to submit the following documents for admission to MBA programmes in US universities:

• A valid bachelor’s degree and certification

• Official academic transcripts

• English proficiency scores (PTE / IELTS/ Duolingo English Test)

• Letter of recommendation

• CV/Resume

• Statement of purpose

• Portfolio

• Proof of funds

• GMAT scores (if applicable)

• Essays

• USA student visa

• Passport

Can I Study MBA in USA without GMAT?

It is not mandatory to have a GMAT score, as numerous US universities have removed the GMAT requirement for international students, provided that applicants have excellent academic records and strong professional experience. Here are a few universities that offer an MBA in USA with no GMAT requirement:

MBA in USA without GMAT 2024

Read more: Top business schools in the United States

MBA Intakes in USA

US universities and colleges offer 3 admission cycles, just like in India. The three intakes available in the US are listed below:

• Fall: Admission intake for Indian students starts in August.

• Spring: MBA intakes in USA start in January for Indian students.

• Summer: Summer intakes in USA are available for limited courses, and it usually starts around May.

Read more: Admission Intakes in USA

Cost of MBA in USA

The average cost of an MBA in the United States includes both MBA fees and living expenses. The average monthly cost of living in the United States is around Rs. 1,67,000 for Indian students. The cost of living in the United States is approximately 234.2 % higher than that in India. The average cost for the best universities in USA for Indian students is between Rs. 40 and 60 lakhs for an MBA programme. Indian students must carefully plan their budgets before applying to MBA programmes in the United States.

Affordable MBA Colleges in USA

Several universities in USA offer MBA at lower tuition fees. Indian students who wish to study in USA at a lower cost of tuition can apply for the cheapest MBA colleges in USA. Some of the affordable MBA Universities in USA along with their tuition fees are mentioned below.

Cheapest MBA Colleges in USA 2024

Read More: Cheapest Universities in USA

Scholarships for MBA in USA 2024

Top universities provide scholarships, bursaries, and other financial aid to help students manage their finances. MBA Scholarships in USA are provided based on academic merit and financial need of students, provided that the applicant meets the requirements set by the university. Scholarships for MBA in USA for Indian students offered by some top universities are mentioned below.

MBA Scholarships in USA

Also read: Scholarships in USA

Work Permit After MBA in USA

After the completion of an MBA in USA, numerous students look for job opportunities and plan to stay back in the country. Due to its growing economy, work opportunities, learning environment, and top-notch quality of education in the fields of Finance, Business, and others, the USA is a popular choice for Indian students planning to study abroad.

To get a work permit in USA, international students are required to apply for work after study visa in USA. There are three categories of post-study employment visas in the United States: F-1, J exchange, and M student visas. International students can stay and work in the United States for up to three years after completing their MBA, subject to visa limitations.

Career Prospects after MBA in USA

Top MBA recruiters in USA are McKinsey & Company, Microsoft, Goldman Sachs, JPMorgan Chase, Bain & Company, Amazon, Apple, Google, Boston Consulting Group and Bank of America. Indian students who have completed their MBA in USA can explore career opportunities in various industries, some of which are mentioned below:

Job Opportunities After MBA in USA