MBA in Taiwan: A Comprehensive Guide

Are you planning to pursue your MBA abroad from a unique study abroad destination? While USA, UK, Canada are popular study destinations but no longer the only choices to study abroad, Taiwan has emerged as a popular study abroad destination. The country provides an exceptional study curriculum and a different outlook on business and the global market. From best universities to entry requirements, here’s everything you need to know about MBA in Taiwan.

Course Name	MBA
Course Level	Postgraduate Course
Duration	1-2 Years
GMAT Scores	550
Job Profiles	Banks Managers, Analysts, Human Resources, Finance Managers, Marketing Managers

Why Study MBA in Taiwan?

• The MBA programs in Taiwan are recognized worldwide, which means there is an assortment of understudies from a variety of nations, some of whom had earlier professions, a considerable lot of whom have never had some work. View this as preparing for real-world challenges
• The willingness to talk about your academics in a positive light with friends in social settings will work wonders for you. Finally, one thing you must always strive for is to implement fundamentals daily. This means showing up for a class on time, always finishing your part of a project, and actively listening and contributing to class discussions
• Pursuing an MBA in Taiwan opens up many opportunities where individuals can learn and achieve more than mere academic rewards.  If done sincerely, it can help accelerate career opportunities for you!  

Also Read: Best Country to Study MBA

Types of MBA in Taiwan

To meet the diverse interests and aspirations of overseas students, Taiwan offers a wide choice of MBA degrees. The following are a handful of them:

Program Name	Duration
Full-Time MBA	12 months
Part-time MBA	36 months
Executive MBA	24 months

Accreditation

When looking for a higher degree in accounting or business such as a Masters in Business Administration, it is crucial to select an educational institution with accreditation by the AACSB (The Association to Advance Collegiate Schools of Business) and recognition by the U.S. Department of Education. Students who attend an accredited school can be free of stress since this form of recognition is one of the most strict and high-end types of evaluation for business schools. 

• There are over 25 AACSB accredited schools for an MBA in Taiwan. 
• Note that, only about 5% of the total business schools (around 750) in the world are AACSB accredited. Most programs meet and maintain a standard level of strategic management and have a syllabus that evolves with technology and trends while also addressing the ongoing issues in business administration.
•  In terms of faculty, schools have competent professors and can blend coursework with real commercial businesses. The possibility of doing an MBA from an AACSB accredited school is certainly a point of sale.

Top Universities for MBA in Taiwan

As per QS World University Rankings 2022. Here are the top universities in Taiwan that offer MBA: 

University	QS World University Rank 2022
National Taiwan University	#68
National Chengchi University	#520
National Taipei University	#469
National Taiwan University of Science and Technology (NTUST) – School of Management in Taipei, Taiwan	#314
Fu Jen Catholic University – College of Management in Taipei County, Taiwan	#1001-1200
National Central University – School of Management in Taoyuan, Taiwan	#521-530
Tunghai University – College of Management in Taichung, Taiwan	#1201
Chang Gung University	#480
Feng Chia University – College of Business in Taichung, Taiwan	#1001-1200
Chung Yuan Christian – College of Business in Chung-Li, Taiwan	#1001-1200

Also Read: Best MBA Colleges in World

Eligibility for MBA in Taiwan

Apart from the other university-specific requirements, most universities have three key requirements for candidates wishing to pursue an MBA in Taiwan. They are as follows:

• Students must have earned a four-year Bachelor’s degree, a postgraduate Diploma in Business Administration, or any other recognized Honours degree.
• Students require a working experience of two-year full-time.
• A legitimate GMAT or GRE score with an average score of (550)

Application Process

The application process takes place over a period of time and begins months before the commencement of classes. You can call our Leverage Edu experts on 1800 572 000 to find out how the application process can be fast-tracked and streamlined to Taiwan! Here’s an easy 5-step process to complete your application process for universities offering MBA in Taiwan:

1. Call our experts on 1800 572 000 to shortlist your favourite universities and courses. Start your application to multiple universities through our one dashboard platform
2. Compile all your documents like SOP, essays, certificates and LORs and exam scores like IELTS, TOEFL, GRE, GMAT, etc
3. Meet all the applications deadlines and start the application process for accommodation, students visa, and scholarships/student loans
4. Accept the offer letter and meet your teachers, college mates and roommates virtually
5. Get your visa approved and fly to your dream university!

Documents Required 

• Transcripts of your previous courses 
• Competitive exam scorecard 
• Photocopy of your passport 
• Detailed resume
• MBA Essays
• Letter of Recommendation
• Statement of Purpose
• Research proposal (Optional)
• Other important certificates and transcripts 
• TaiwanStudent Visa

Learn How You Can Write the Perfect MBA Essay!

Cost of Studying MBA in Taiwan

The cost of tuition varies by the university in Taiwan. A list of typical MBA tuition fees in Taiwan is shown below.

Fees	in NTD (New Taiwan Dollar)	in INR
Average Tuition Fees	610,000	14,00,000

Cost of Living in Taiwan

In addition to tuition, the cost of studying in Taiwan includes food, accommodation, and other daily expenses. Some of the expenditures that may be encountered while studying in Taiwan are listed below.

Expense	INR (Per Month)
Books	8,157
Food	12,752
Housing	25,628
Transportation	1,788

MBA Scholarships in Taiwan

Taiwanese institutions provide a variety of scholarships to international students. Some of the best scholarships are listed below:

Scholarship	Organization	Inclusion
The Taiwan Scholarship	Taiwan Government	NTD 30,000 (INR 81.5k)
National Taiwan University	Taiwan Government	NTD 10,000 to 20,000 (INR 27.2k – 54.4k)

Note: Students could also contact local religious groups and rotary clubs since they frequently grant considerable assistance to students pursuing higher education. Taiwan Rotary Club and Tien Mu Rotary Club, for example, routinely provide significant funds to overseas students who aspire to study in Taiwan

Are you planning to pursue MBA in Taiwan but confused about where to start from? Our Leverage Edu experts will provide you with end-to-end assistance from application to Visa process. Call us at 1800 57 2000 to book your FREE 30-minutes counselling session today!