Best Country for MBA

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Best Country for MBA

One of the most sought-after and highly regarded courses, all around the world, MBA is a miraculous degree that every individual goes after when they feel the strive to go for an instant jump on the corporate ladder or change their career paths for good. It opens an array of enormous growth opportunities and provides an easy entry ticket for a fresher into the corporate world. Now that you have made up your mind in pursuing an MBA, there is one factor that you need to take great care of, the best country for the MBA that can provide you with the right knowledge and exposure you want. Getting an MBA degree from the right university and the right country makes up a foundation stone for a successful career as a business leader. Through this article, let’s take you on a world tour to find the best country for MBA. Let’s go!

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United States of America

And, the US tops the list yet again. One of the most popular study destinations for studying MBA among international students, the USA is home to some of the top-notch business schools in the world. The United States of America is known for providing world-class educational infrastructure, internship opportunities in the top companies and the business exposure essential to flourish in the corporate world. The American B-schools are all about expanding career opportunities and networking to know the right people at the right place. Getting into the top schools of the USA can be pretty tough but it is definitely worth the hassle, right?

Best B-schools in the USA

Universities  QS MBA Rankings: 2021
Stanford Graduate Business School, Stanford University 1
University of Pennsylvania  2
Sloan School of Management, MIT 3
Harvard Business School, Harvard University 4
Columbia Business School, Columbia University 8

Don’t forget to check out our blog on the Cost of Studying in USA.

Canada

Canada is on the verge of becoming the most favoured nation for pursuing an MBA, owing to the cultural diversity, safe environment and quality b-schools. A bonus for studying in Canada is that the students can stay in the country post completion of their MBA course with a work permit ranging between 1 to 3 years. With a prospering economy, the mining, agriculture and manufacturing industries have been consistently growing over the years, which means Canada provides enough employment opportunities for international students to flourish in their careers. 

Best B-schools in Canada

Universities  QS MBA Rankings: 2021
Rotman School of Management, University of Toronto 25
Desautels Faculty of Management, McGill University 59
Smith School of Business, Queen’s University 66
Ivey Business School, Western University 69
Schulich School of Business, York University 88

Read: Top MBA Colleges in Canada

United Kingdom

Housing some of the most premier universities in the world, the UK successfully draws a large number of international student population towards it to pursue an MBA every year. The country leads the list of top banking and finance sectors and is a major player in the world’s economic system, offers excellent career opportunities to the MBA students specializing in finance, marketing or related specializations. The b-schools in the UK make sure that future business leaders go through rigorous academic training and acquire the skills for high managerial positions upon graduating. 

Best B-schools in the UK

Universities  QS MBA Rankings: 2021
London Business School 7
Saïd Business School, University of Oxford 16
Cambridge Judge Business School, University of Cambridge 17
Imperial College Business School, Imperial College London 22
Warwick Business School, University of Warwick 34

Read: MBA colleges in UK

Australia

Called Oz or ‘The Land Down Under’, Australia has successfully cemented itself on the position of the best country for MBA, thanks to the highly-ranked b-schools that provide the students with all the skills to become future leaders and entrepreneurs. Offering excellent lifestyle to international students, Australia is known to be immigration friendly as it has one of the easiest immigration processes in the world. 

Best B-schools in Australia 

Universities  QS MBA Rankings: 2021
Melbourne Business School, University of Melbourne 26
Australian Graduate School of Management, University of New South Wales 41
Monash Business School, Monash University 73
Macquarie Business School, Macquarie University 95
UQ Business School, University of Queensland  99

Singapore

With a low population rate, Singapore is one of the world’s most popular business locations. It has some of the most premier b-schools in the Asian continent and provides a unique international experience to the students inside and outside of the classroom. Studying an MBA in Singapore is quite affordable for the Indians and therefore, it makes a favourite destination for the Indians students to study MBA here. 

Best B-schools in Singapore

Universities  QS MBA Rankings: 2021
National University of Singapore   28
Nanyang Business School, NTU Singapore  30
University at Buffalo  201+

France

France is unquestionably one of the most well-known destinations for foreign students wishing to pursue an MBA. The country was one of the first in Europe to deliver the MBA, and it continues to be one of the most competitive business schools in the world. In reality, two of the top ten MBA programs in the QS Global MBA Rankings 2021 are based in France. Students studying in the country profit from proximity to many of Europe’s other big political and economic cities, as well as the opportunity to learn one of the world’s most common languages.

Best B-schools in France

Universities  QS MBA Rankings: 2021
HEC Paris 5
INSEAD France 6
Essec Business School 27
EDHEC Business School 40
ESCP Business School  47

Germany

Germany is renowned for its creativity and technological prowess. It has one of the largest economies in the world and is a global pioneer in the automotive and electrical industries. Most business school students around the country profit from their schools’ academic performance. Since most German universities and B-Schools now offer English-language courses, the number of students pursuing an MBA in Germany has increased. Germany has the largest economy in Europe, and it is one of the top ten countries in the world for offering the highest-paying jobs to MBA graduates.

Best B-schools in Germany 

Universities  QS MBA Rankings: 2021
Mannheim Business School, University of Mannheim 39
Frankfurt School of Finance & Management 42
WHU Otto Beisheim School  58
European School of Management and Technology 83
HHL Leipzig Graduate School of Management 141-150

Best Country for MBA: Cost of studying MBA

Best Country for MBA  Cost of Studying MBA for 1 year (Average)
USA $10,000- $55,000
UK £10,000- £50,000
Canada  CAD 30,000 – CAD 42,000
Australia  AUD 39,000- AUD 90,000
Singapore S$15,000- S$30,000
Germany EUR 14,052- EUR 36,300
France  EUR 20,000- EUR 35,000

Best Country for MBA: Study Duration

Best Country for MBA  Study Duration (Average)
USA 2 years 
UK 1 year
Canada  10 months to 2 years
Australia  12 months- 18 months 
Singapore 1- 2 Years 
Germany 1.5- 2 years 
France  2 years 

FAQs

Which country is cheapest for MBA?

Some of the best countries for MBA programs that are cheap or affordable are as follows:
Norway
Taiwan
Germany
France
Mexico
India
Argentina
Poland
Malaysia
South Africa

Which is best field in MBA?

Some of the best fields or specialisations for MBA are as follows:
Business Analytics
Digital Marketing
Entrepreneurship
Healthcare
Aviation
Agriculture and Food Business etc.

Is doing MBA abroad worth it?

Management is one of the most common streams for bachelor’s degree holders in India who want to pursue higher education. For the vast majority of Indian students and professionals, an international MBA is even more attractive. After all, an MBA from a foreign business school will truly transform your life.

How much it cost for MBA in abroad?

MBA fees in other countries can range from Rs. 20 to Rs. 50 lakh, while top MBA colleges in India charge between Rs. 7.5 and 25 lakhs.

Is MBA good for future?

MBAs are ideal for career advancement and expanding business opportunities. Graduates of part-time or full-time MBA programs are more likely to hold senior management positions and have fruitful MBA careers. Over half of MBA graduates work as senior managers or board directors around the world.

Thus, you should definitely consider the above-mentioned ones on your quest to finding the best country for MBA. If you are aspiring to pursue a Master of Business Administration degree abroad and don’t know where to start, reach out to our experts at Leverage Edu and we will provide you with the best guidance and help you land in the top MBA colleges in the world.

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  1. There are many countries in the world that attract students who wish to study abroad. But picking a country where you feel comfortable is your first step in an exciting journey.

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