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MBA in USA for Indian Students 2024: Fees, Requirements, Universities
Edited By Stuti Jain | Updated on Jun 12, 2024 05:28 PM IST
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
- MBA in USA 2024: Highlights
- Benefits of Studying MBA in USA
- Top MBA Universities in USA 2024
- MBA Admission Requirements in USA
- Documents Required for MBA Admission in USA
- Can I Study MBA in USA without GMAT?
- MBA Intakes in USA
- Cost of MBA in USA
- Affordable MBA Colleges in USA
- Scholarships for MBA in USA 2024
- Work Permit After MBA in USA
- 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
Particulars | Details |
Programme offered | Masters in Business Administration |
Short Name | MBA |
MBA Course fees in USA | USD 60,000 to USD 80,000 (Rs. 50,09,121 to Rs. 66,78,828) |
Top MBA Specialisations Offered in USA |
|
Exams Required | GMAT, GRE, IELTS, TOEFL |
Scholarships for MBA in USA for Indian students |
|
Average MBA Salary in USA | USD 60,000 (Ra. 50,08,830) |
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
University | QS MBA Global Ranking 2024 |
1 | |
2 | |
Harvard Business School | 3 |
6 | |
7 | |
12 | |
13 | |
14 | |
15 | |
16 |
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)
CV/Resume
Portfolio
Proof of funds
GMAT scores (if applicable)
Essays
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
University | MBA Course fees in USA | Price in Indian Rupees |
USD 14,850 | Rs. 12,39,461 | |
USD 16,000 | Rs. 13,35,446 | |
USD 260 per credit hour | Rs. 21,700 per credit hour | |
USD 12,000 per semester | Rs. 10,01,383 per semester | |
USD 570 per credit hour + USD 15 per credit hour tech fee | Rs. 10,01,383 per credit hour + Rs. 1,252 per credit hour tech fee |
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
Universities | Scholarship awarded | Scholarship amount |
Harvard Business School | Horace W. Goldsmith fellowship | USD 10,000 |
Wharton School | Joseph Wharton fellowship | USD 20,000 |
MIT Sloan | McKinsey award | USD 10,000 |
Columbia fellows programme | Columbia fellows programme | 100% or 50% tuition waiver |
Kellogg school of management | Kellogg scholarship | USD 7,000 |
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
Finance | Operations Manager |
Marketing | Information Technology |
Product Manager | Business Analytics |
Human Resources | Logistics and Supply Chain Management |
Frequently Asked Questions (FAQs)
1. How much does an MBA cost in the USA?
USA is one of the expensive countries that offer MBA for international students. The MBA in USA cost for Indian students is approximately Rs. 40 to Rs. 60 lakhs. Apart from these, students must bear the cost of living which is around Rs. 1,67,000 for students from India. However, with students low on budget can explore affordable MBA colleges in USA or can apply for online MBA programmes. Some US universities also provide scholarships and grants to reduce the education cost.
2. What is the eligibility for an MBA in the USA?
Candidates with a bachelors degree from an accredited university are eligible to apply for MBA in USA. A valid score in GMAT or GRE is an essential requirement for admission to MBA programmes in the US universities. All international students whose first language is not English, including Indian students, have a minimum score of 6 on IELTS and 80 on the TOEFL exam.
3. Is USA MBA valid in India?
Yes, the USA MBA is valid in India. MBA degrees in USA are accredited and recognised by several Indian employers. Candidates must check the university’s recognition and accreditation before applying.
4. Is it worth getting an MBA in USA?
Yes, getting an MBA from the USA is worth it. MBA in USA provides students with a wide range of career prospects, and international exposure, and is recognised worldwide. Also, an MBA in USA is worth it for Indian students due to their high quality of education and dynamic job markets.
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Get answers from students and experts
Hi there
Yes you can try to learn various courses that are for approximately 3 months to 6 months in duration.
Yes you can learn before going to us. Learning skills definitively adds some value to the life of a candidate and also improves in getting good recognition in life..
Below i have mentioned some courses that you can try before visiting us:
- Social media marketing
- Content writer
- Content creation
- Video editing
- Photography skills
- Digital marketing
- Stiching
- Makeup artist course
- Hairstyling course.
So these are some courses you can try.
Hope this answer will help you. Revert incase of any query.
Thank you and good luck:)
Anushri Varshney 12 June,2022
Hello Samarasimha,
YES, you can MS in UA after completing Bsc in Statistics. . All you have to do is score good marks in your PG and prepare for GRE. You should also decide upon the country and the university in which you are going to study.
Furthermore, the requirements to pursue MS in USA are as follows :
- 3 to 4 years bachelors degree in relevant field.
- 3.5 or higher GPA, equivalent to 87% in bachelors.
- GRE score of 330 or above.
- Statement of Purpose.
- Research Internships/ Published Research Papers.
- Project work/Seminars.
- 2-3 Letter of Recommendation.
- Social & Leadership Activities.
Further, requirements for Software jobs in USA are as follows :
- Enroll in a software development program. The first step to becoming a software engineer is to enroll in a software development degree program. ...
- Gain internship experience. ...
- Choose your specialty. ...
- Pursue industry certifications. ...
- Continue your education.
I hope that this will help.
Piyush kesarwani 13 May,2022
Dear aspirant hope you are doing well..
To study at foreign universities/abroad in U. S , the admission process will require the candidate to give one language exam and one standardized exam. However, depending on the country, course, college, or university you are applying for you may be exempted from standardized exams. The language test will showcase your English proficiency skills. These exams are required for pursuing almost all courses abroad. Different countries have different language exams such as
- TOEFL exam for getting admission to the universities in the US and Canada. The score of this exam is valid for two years after the declaration of results
- There are plenty of universities abroad where you can apply to do master-level course, MSc in statistics, MSc in Operation Research, and Applied Mathematics, MSc in Mathematical Modeling, etc are some of the Master level Course in Mathematics that are available abroad. Students who have completed their graduation or bachelor's degree in Mathematics can apply for these courses. Foreign universities like Uppsala University, Dublin City University, Oxford Brookes University, University of York, University of Liverpool, etc offer all the above-mentioned courses in mathematics.
Top university of The USA for master degree courses
- John Carroll University
- Missouri University of Science and Technology
- Michigan State University
- West Virginia University
- Rhode Island College
- University of Arkansas
- Vanderbilt University
- DePaul University
- Delaware State University
- Texas A&M University-Commerce
- University of South Florida
- California State University Northridge
You can get the detailed information about the process how to apply for MS in USA. read the given article. Link is given below
https://studyabroad.careers360.com/articles/how-apply-for-ms-in-usa/amp
Hope it's helpful for you..
Thank you
AVINASH KUMAR 23 February,2022
There are many ways to choose your university such as fees, the ranking of the university, which state it is located and scholarships. My suggestion is to choose your research focus and write academic papers. In the US, PhD in Commerce admission into the university depends on what you want to study (your area of research) and your already completed research papers. You can begin your research by searching online for US universities offering PhD in Business Administration. One example is University of California Los Angeles (https://www.anderson.ucla.edu/degrees/phd-program/admissions#app-req) .
Tabitha 08 January,2022
Hello Student
You are aBHM means Bachelor in Hotel Management so after doing BHM,to gain a bright future inthis trade you have to do MSc in Hotel Management,post graduation in Hospitality Management,Master degree in travel and tourism management,or MBA in hotel management,AFter doing post graduation in Hotel management or travel and tourism management will give you the best return in employment opportunity.
Hope this will help.
Sohamsengupta8 13 February,2022
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