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