Know the Average Work Experience for MBA in Top B Schools
Updated on Jan 15, 2014 - 12:15 p.m. IST by Shalu
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MBA work experience - Master of Business Administration is one of the most sought after courses for fresh graduates to excel in their respective fields. Aspirants who are not from a management background have also been showing an increasing interest in MBA because a good sense of business and management skills help candidates to stand out of the crowd and further their growth in the organization. Perhaps, pursuing an MBA degree can be the most significant step in your professional career. According to FT report, 24 year old professional can get a hike of approximately 145% in their salary post an MBA degree. MBA study is majorly focused on practical case studies. A global MBA programme not only introduces the student to a diverse perspective but also introduces a new teaching methodology.

 

Apart from other requirements such as GMAT score and academic performance, prior work experience is one of the most important elements of your application for MBA. However, it differs from country to country. In USA the average required work experience for MBA scale ranges from 3-10 years with many business schools requiring experience after the undergraduation. Interestingly, in Australia many business schools require students to have additional managerial experience apart from executive level experience with the average range being 1- 3 years.

Careers360 has come up with a summarised list of average work experience required for MBA in top universities in the world.

 

Work Experience for MBA in USA-

USA is one of the top choices of students to study MBA since it is one of the most prominent education hubs and is home to some of the top universities in the world like Stanford, Harvard and MIT among others. Full time MBA programmes in the US mostly takes two years to complete but many MBA specialisations also end within one year.

 

Although work experience is not the most important aspect of your application for business schools like Harvard but preference is always given to experienced professionals. The average work experience of MBA students accepted to business schools in USA falls within the range of 3-7 years. In fact, in universities like MIT Sloan it can go upto even 9 years.  

 

Below is the list of top universities to pursue MBA in the USA with average required MBA work experience and GMAT score-

Business School

FT Ranking

Average GMAT score

Average Work Experience

Harvard Business School

1

700-760

Not given

Wharton, University of Pennsylvania

3

620-790

5-6 years between graduation and joining the MBA

Stanford Graduate School of Business

3

733

4 years

California Business School

6

715

3-7 years

MIT Sloan School of Management

8

670-760

4-9 years

 

Work Experience for MBA in Canada-

Canada is one of the fastest growing top business school destinations. In last few years there has been a four-fold increase in the number of international students exploring the country's educational system. Relaxed immigration laws and comparatively stable economy makes it easier international students to stay and work in Canada after completing their MBA. Apart from that, at least 6 Canadian universities secure a rank top universities FT ranking almost every year. 

 

The average work experience required for MBA in Canadian university is 2-3 years with some going going as high as 5 years. Most of the top universities accept admission between December to March every year. Here is the list of top university according to FT ranking and required MBA work experience-

Business School

FT Ranking

Minimum GMAT score

Required average Work Experience

Rotman School of Management, University of Toronto

53

600

2 years

Sauder, The university of British Columbia

81

550

Not given

Queen’s School of Business, Queen’s University

86

600

2 years

Alberta School of Business, University of Alberta

86

550

5 years

Ivey Business School, Western University

97

656

2 years

 

Work Experience for MBA in Asia-

Asia has proven to be one of the fastest growing business and education hubsin past few decades.Five business schools from the region were ranked in top 30 business schools in the World in 2015 FT ranking and consistently ascending. According to figures from AACSB and Association of MBAs, China is a home to the maximum number of top business schools in Asia. China and Singapore are gradually emerging countries in Asia. 

 

Like USA, Asian universities are not very strict about average work experience when it comes to admission in MBA but a working professional is always preferred by the faculties. GMAT score is a major aspect that gives weightage to your application.

 

Here is list of the top business schools with ranking and approximate required GMAT score and MBA work experience for admission.

 

Business School

Country

FT Ranking

Required/average Work Experience

Minimum GMAT Score

Insead Business School

Singapore

4

 Minimum 2 years

620-640

Ceibs

China

11

 No minimum work experience given

600 or above

HKUST Business School

China

14

 10 Years

580-710

Indian Institute of Management, Ahmedabad

 India

26

 Not defined

Minimum 650

CUHK Business School

China

30

3 years

650

 

Work Experience for MBA in Europe-

Studying MBA in Europeis a chance for students to develop their professional skills in a cultural environment with practical exposure.Also, Europe is home to many of the oldest universities in the World hence ensuring a large alumni network. With 3 years being the average work experience required in European business schools,studying in a class consisting students with work experience and high GMAT score makes the class more competitive.

 

Europe universities focus more on practical exposure and case studies. That is why they require comparatively more experienced students. Minimum required work experience in UK is 2 years, however, in France and Switzerland this number increases to 3.

 

Aspirants can find the details information on minimum required GMAT score and MBA work experience in top business schools in Europe below-

 

Business School

Country

FT Ranking

Required/average Work Experience

Minimum GMAT Score

London Business School

UK

2

2-11 years

701

University of Cambridge: Judge Business School

UK

13

1-2 years

640

HEC Paris Business School

France

16

Minimum 3 years

600

IMD Business School

Switzerland

20

Minimum 3 years

620

University of Oxford: Said Business School

UK

22

Minimum 2 years

650

SDA Bocconi

Italy

26

Average 5 years

Not defined

 

Work Experience for MBA in Australia-

Australia is one of the most sought afterdestination for international students and home to some of the top business schools in the world among which Melbourne Business Schools secures a rank almost every year. There are approximately 83 business schools which offer some of the most globally recognised specialisation in MBA makes it a perfect destination to study. A peaceful environment with cosmopolitan captivation of cities like Melbourne, Sydney attracts students from overseas.

 

Average required work experience to study MBA in Australia is 2 years however GMAT scores are also not so high for international students to study. Here is a list of top business school which secured a rank in FT ranking with required MBA work experience.

 

Business School

QS world Ranking

Minimum GMAT score

Required average Work Experience

AGSM at UNSW Business School

75 (FT Raking)

550

2 years

Melbourne Business School

42

680

2 years

Monash University

67

Not specified

3 years

 

Work Experience for MBA in New Zealand- New Zealand universities are more focused on higher work experience for MBA comparatively. For example Victoria University of Wellington accepts candidates with low GMAT score if they have high work experience. New Zealand universities accept three years bachelor’s degree for admission into MBA programmes. Here is the list of top universities in New Zealand with minimum GMAT score and work experience for MBA.

Business School

QS Ranking

Minimum GMAT Score

Work Experience

University of Auckland

82

Not given

5 years

University of Otago

173

Required but not specified

3 years

University of Canterbury

211

600

5 years

Victoria University of Wellington

229

550 

5 years 

 

Executive MBA- An MBA and Executive MBA both are graduate level programmes with a little bit difference in course duration and fee. Major difference between the two is that an executive MBA is designed to educate working professionals such as managers, entrepreneurs, business leaders etc that’s why aspirants are asked for comparatively higher work experience by universities. In many cases students have their executive MBA partially or fully sponsored by the employers. In some universities coursework duration is same as regular MBA.

 

Although GMAT score is important but work experience plays the most important role for admission in executive MBA programmes. Most of the universities prefer candidates with an average of 10-15 year’s managerial experience. For example, Harvard Business School requires approximately 10-15 years of experience and student should have come from organisations with annual revenues in excess of $75 million but Wharton business school admits students who have 11 years of work experience and excellent academic background. The most important thing that top business schools want in a candidate is uniqueness and quality of leadership. Here is a list of top business schools with average required MBA work experience and FT ranking.

 

School Name

FT Ranking

Country

Average work experience

Harvard Business School

1

US

10-15 years

London Business School

2

UK

average of 12 years

Wharton business school

3

US

11 years

Stanford Graduate School of Business

4

US

Not specified

Insead Business School

4

Singapore

13 years

Columbia Business School

6

US

9 years

Iese Business School

7

Spain

10 years

MIT: Sloan Business School

8

US

8 years

Booth Business School

9

US

13 years

University of California at Berkeley: Haas

10

US

12 years

 

Stay tuned to www.studyabroad.careers360.com  for more news and updates on MBA abroad



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