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Top Countries for MBA Abroad For Indian Students 2024
Edited By Porishmita Paul | Updated on Jul 26, 2024 02:26 PM IST
An MBA in top abroad countries is a worthy investment for international students who are planning to build a career in business and management. Over the years, study MBA in top countries has caught the attention of thousands of overseas students due to its wide career aspects and variety of specialisations. Some popular top countries for MBA for Indian students include the USA, Australia, UK, Canada, Singapore, and others. However, selecting the best country to study MBA abroad can be challenging for international students.
This Story also Contains
- Why Study MBA Abroad?
- Top 5 Best Countries for MBA Abroad
- Top Cheapest Universities to Study MBA Abroad
- Entry Requirements in Top Countries for MBA for Indian Students
- Cost of Studying MBA in Top Countries
A QS survey reflects that Finance, Accounts, Management, and Economics, or FAME is the most sought-after field among prospective international students. However, an aspirant must figure out which MBA programme is suitable and then select the best MBA colleges across the abroad countries which meet their requirements to pursue their dreams.
Choosing the best countries to study MBA largely depends on factors like tuition fee budget, the course, financial aid from the college, personal preference, and others. However, factors like salary packages, the brand of the institution, and work opportunities after the programmes also play a big role in influencing one’s decision to choose the best country for MBA for Indian students for their post-graduation.
MBA Abroad for Indian Students 2024
Particulars | Description |
Programme Name | Master of Business Administration |
Programme Type | Full-time, part-time, executive, and online |
Duration | 2-3 years |
Eligibility Criteria | A bachelor’s degree with at least 50% marks |
English Proficiency Requirements | IELTS, TOEFL, PTE or equivalent |
Fees | Rs. 20 lakhs to 30 lakhs per year |
Salary | Rs. 60 lakhs to Rs. 1.20 lakhs |
Standardised Test | GRE or GMAT |
Specialisation |
|
Universities |
|
Scholarships |
|
Why Study MBA Abroad?
International students benefit significantly from studying MBA overseas. An MBA outside of India may provide international students with substantial career options, ranging from high-quality education at top-tier colleges to better campus placement. Here, we have discussed some of the popular factors that attract international students to study MBA abroad:
MBA abroad universities are equipped with modern amenities and facilities for quality education and are rated 5-star by QS World University Rankings 2024.
Students can get practical knowledge in various business fields that will help them to work in advanced business management companies.
The salary packages are significantly higher than MBA in India vs abroad.
Studying in the best countries for MBA 2024 offers a wide range of course specialisations such as Entrepreneurship, International Business, Marketing, Finance, Operations Management, and others.
Students are exposed to various networking opportunities which can help them to get extensive exposure to global markets.
Top 5 Best Countries for MBA Abroad
To make it easier for prospective international students planning to pursue MBA abroad and decide the best country to study for MBA, we have picked the best countries to study MBA.
MBA in USA
The USA has the highest number of top-ranked business schools in the world, making it one of the best countries for MBA abroad. Some of the top business colleges in the USA include Harvard, MIT, Stanford, and others. The average duration of MBA in USA is around 2 years. Some courses are available in online or part-time modes for international students. The average cost of MBA in USA is between USD 10,000 and 35,000 per annum.
Additionally, the United States offers some of the highest salary packages for top MBA specialisations. For instance, a Harvard MBA graduate's average salary package is around USD 180,000. However, the salary may vary depending on the work experience of an MBA aspirant.
Top Business Schools in USA for International Students
University | QS Global MBA Rankings 2024 |
|---|---|
Harvard Business School | 3 |
Stanford Graduate School of Business | 1 |
Penn (Wharton) | 2 |
MIT (Sloan) | 6 |
MIT (Sloan) | 7 |
MBA in United Kingdom
UK is one of the top countries for MBA for Indian students. Some of the best MBA universities in UK include London Business School, Cambridge, Oxford, Warwick, and others. As per the latest rankings of the Financial Times report, The London Business School is ranked number 8 in the world for MBA studies. The average duration of MBA in UK is around 1-2 years. Candidates who wish to pursue an MBA within a short period can apply for top MBA universities in UK for various specialisations.
Top Business Schools in UK
University | QS Global MBA Rankings 2024 |
4 | |
Cambridge (Judge) | 9 |
Oxford (Said) | 18 |
20 | |
Warwick Business School | 36 |
MBA in Australia
Being one of the best countries to study MBA, Australia has managed to attract international students from across the globe. Australia is not only famous for being an education hub but it is also known for its amazing lifestyle and student-friendly environment. Most business schools in Australia require work experience between 2-5 years, depending on the MBA programme the student chooses. Compared to business schools in other countries, MBA universities in Australia believe in training students and not only rely on theoretical knowledge. This is one of the main reasons why work experience is given more importance than GMAT scores in Australian business schools.
If you have work experience and are keen on studying abroad, then you need not wait any more. Just search for a suitable business school in Australia and apply. Here are some of the best colleges for Indian students to study MBA in Australia.
Top MBA Universities in Australia
University | QS Global MBA Rankings 2024 |
30 | |
UNSW (AGSM) | 31 |
50 | |
75 | |
84 |
MBA in Canada
MBA in business schools in Canada is affordable, compared to MBA in other countries. The top business school in Canada charges CAD 30,000 - CAD 42,000 as tuition fees, unlike extremely higher fees in business schools in the USA. Pursuing MBA in Canada is beneficial for those who are looking for quality education at a decent cost and stands as one of the best country to study MBA in low cost.
Best Business Schools in Canada for International Students
University | QS Global MBA Rankings 2024 |
40 | |
73 | |
Western (Ivey) | 74 |
UBC (Sauder) | 89 |
92 |
Study MBA in Germany
Germany offers tuition-free education to all students. However, the university may charge a nominal fee as a social contribution per semester. The different benefits of studying in Germany make it one of the top 10 countries for MBA.
These factors include affordability, top universities, best MBA courses, pocket-friendly living expenses, and scholarship opportunities. The average MBA in Germany tuition fees range between Rs. 12,000 - Rs. 70,000. Meanwhile, the living cost in Germany is around Rs. 78,000 - Rs. 1,40,000 per month.
Top MBA Universities in Germany 2024
University Name | QS WUR (MBA) |
Frankfurt School of Finance & Management | 45 |
46 | |
WHU (Otto Beisheim) | 58 |
121-130 | |
EU Business School | 141-150 |
251+ |
Top Cheapest Universities to Study MBA Abroad
Study MBA abroad in top world countries and universities is expensive for Indian students compared to MBA programmes offered by Indian colleges. Therefore, many potential students search for affordable MBA abroad to study and live in. These colleges in top countries for MBA are recognised globally for their low-MBA cost. Some colleges also provide scholarships and grants to potential students wishing to continue their education in business schools.
Here’s a list of universities offering the cheapest MBA in the world for Indian students are as follows:
EU Business School, Barcelona
University of Tuebingen, Germany
Also Read: Affordable MBA Programmes Abroad for Indian Students
Entry Requirements in Top Countries for MBA for Indian Students
The admission requirements for the best countries for MBA 2024 vary depending on the university type, ranking, course specialisation, and other factors. Some common eligibility criteria for MBA abroad universities are as follows:
Students must complete their undergraduate studies with a minimum of 50% marks in a business-related field.
Clearing either GMAT or GRE scores for top abroad B-schools is compulsory.
Many English-speaking countries require IELTS, TOEFL, or any other ELP test qualification.
A valid passport for immigrant students.
A minimum of 2 years prior work experience in the relevant field is required.
Documents Required to Study MBA Abroad
Here’s the list of documents required to apply for the best countries to do MBA for Indian students:
Academic High School Transcripts
Proof of funds
Updated CV
A valid passport
Student visa
GRE or GMAT scorecard
Work experience certificates
Cost of Studying MBA in Top Countries
Countries | Abroad MBA Fees |
Australia | AUD 39,000- AUD 90,000 |
Canada | CAD 30,000 - CAD 42,000 |
New Zealand | NZD 31,000-NZD 50,000 |
UK | GBP 5,000- GBP 30,000 |
USA | USD 10,000-USD 35,000 |
Frequently Asked Questions (FAQs)
1. Which is the best country to take MBA?
There are a lot of the best countries for MBA 2024 that offer top-notch education for international students. These countries include USA, UK, Australia, Canada, etc. The MBA courses in these best countries are considered to be on top by QS as well.
2. Which country has the highest demand for MBA?
The demand for MBA depends on the industry's needs and requirements. So, the USA and UK management industries are emerging consistently. It creates more demand for MBA graduates in the country; creating more real-life opportunities.
3. In which country is MBA cheap and best?
MBA is the cheapest in countries such as Germany, Ireland, and the Netherlands. These countries also offer top-notch business education at affordable tuition fees.
4. Which country's MBA is more valuable in India?
MBA in countries like the USA, UK, Canad, etc are more valuable in India. Pursuing MBA from these countries promises an advanced learning and understanding if the subject. Also, many top world companies hire employees from these countries.
Articles
Dec 19, 2024
Dec 19, 2024
Questions related to
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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