MBA in USA

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MBA in USA

A Master’s in Business Administration or MBA in USA offers varied career prospects not only for local but also for international students. With the highest number of study abroad students, the United States is a leading place to study a professional program. The employer’s from Investment Banks, Consulting Firms, Manufacturing & Technology Industries congregate to hire the talent. If you are planning to enter the management domain and explore study abroad opportunities, then read on this blog to explore your options!

Why Pursue an MBA in USA?

Here are the reasons why you should pursue MBA in USA:

  1. An MBA in USA can be a 1 to 2-year long course, depending upon the type of program a candidate has selected. Based on personal choice and availability of the specialization, applicants can opt for a regular MBA, Executive MBA or Part-time MBA.
  2. The course structure of the MBA program is designed in a way to provide a combination of internships and project works. 
  3. Having high GDP growth to multicultural societies, the USA becomes the all in one destination for international students to pursue their MBA programs.
  4. Furthermore, an MBA will help you change your career and expand your prospects for advancement. 
  5. According to the GMAC Application Trends survey 2019, 50% of foreign applicants apply to the United States in order to obtain a position in the United States.
  6. Apart from the job opportunities, the United States is home to the majority of the world’s best business schools. As a result, an MBA from a top business school will open doors to a variety of opportunities.
  7. Furthermore, the best MBA programs in the United States have a strong brand value, giving you an advantage over other MBA graduates. 
  8. Because of the prestige of its educational system, approximately 75% of prospective students select the United States as their study destination.

Must Read: Eligibility for MS in USA for Indian Students

Types of MBA in USA

Business schools in the United States deliver a diverse range of MBA programs that are not only extensive but also highly versatile. However, with so many choices, students often struggle to choose the best MBA program for them. The table below summarises key details about the types of MBA programs offered by universities in the United States.

Types of MBA in USADuration of MBA in USA Average work experience requirement Classes Schedule 
Full-time MBA1-2 years 3+ yearsRegular classes
Part-time MBA3 or 3+ years 0 to 3 yearsEvening classes
Executive MBA2 yearsAt least 8 years or more Weekend classes
Online MBA2 years0 to 3 yearsThere is no such thing as a suitable schedule.
Global MBA1-2 yearsAt least 8 years Regular classes
Certificate Program1-2 yearsNot required4-8 course modules

Must Read: Types of MBA Courses

Eligibility Criteria for MBA in USA

Students from India, who want to apply for MBA in USA universities must ensure that they fulfil the following eligiblity criteria: 

  • Applicants have to make sure that they have a good GPA in the previously acquired degree to the admission process easy. 
  • Ensure that you have relevant work experience as demanded by the university. 
  • A bachelors degree from a recognized examination board. 
  • IELTS/PTE/TOEFL scores are required to study abroad for non-native speakers of English.  
  • GMAT or GRE scores, depending upon what is acceptable at the university. 

Must Read: Eligibility for MBA Courses Across The Globe

Best Universities for MBA in USA

Given below is a list of universities for MBA in USA that can be the best study abroad option for you:

UniversityQS World University Rankings – Full Time MBAExams Acceptable Average Tuition Fee for 1 year in INR (Approx.)Popular MBA Courses 
Stanford Graduate School of Business, Stanford University1TOEFL, IELTS, PTE, GMAT, GREINR 73- 74 LakhsFull-Time MBA, Dual Degree MBA
Wharton School, University of Pennsylvania2TOEFL, IELTS, PTE, GMAT, GREINR 75- 76 Lakhs Full-Time MBA, Part Time MBA, Executive MBA, Dual Degree MBA
Sloan School of Management, Massachusetts Institute of Technology3TOEFL, IELTS, PTE, GMAT, GREINR 78.5- 79 Lakhs Full-Time MBA, Executive MBA, Dual Degree MBA
Harvard Business School, Harvard University4TOEFL, IELTS, PTE, GMAT, GREINR 82- 83 LakhsFull-Time MBA, Dual Degree MBA
Columbia Business School, Columbia University8TOEFL, IELTS, GMAT, GREINR 82- 83 LakhsFull-Time MBA, Executive MBA, Dual Degree MBA
Haas School of Business, University of California Berkeley10TOEFL, IELTS, GMAT, GREINR 71.5- 72 Lakhs Full-Time MBA, Part Time MBA, Executive MBA, Dual Degree MBA
Kellogg School of Management, Northwestern University14TOEFL, IELTS, GMAT, GREINR 1 crore Full-Time MBA, Part Time MBA, Executive MBA, Dual Degree MBA
Anderson School of Management, University of California, Los Angeles15TOEFL, IELTS, GMAT, GREINR 68.5 LakhsFull-Time MBA, Part Time MBA, Executive MBA
Yale School of Management, Yale University17TOEFL, IELTS, GMAT, GREINR 75  LakhsFull-Time MBA, Part Time MBA, Executive MBA, Dual Degree MBA
Stern School of Business, New York University19TOEFL, IELTS, GMAT, GREINR 82- 82.5 LakhsFull-Time MBA, Part Time MBA, Executive MBA, Dual Degree MBA
Ross School of Business, University of Michigan20TOEFL, IELTS, PTE, GMAT, GREINR 68.2- 69 LakhsFull-Time MBA, Part Time MBA, Executive MBA, Dual Degree MBA
Fuqua School of Business, Duke University21TOEFL, IELTS, PTE, GMAT, GREINR 74- 74.5 LakhsFull-Time MBA, Executive MBA, Dual Degree MBA
Marshall School of Business, University of Southern California30TOEFL, IELTS, PTE, GMAT, GRERs 95.5 Lakhs- 1 CroreFull-Time MBA, Part Time MBA, Executive MBA, Dual Degree MBA, Distance Learning MBA
Johnson Graduate School of Management, Cornell University32TOEFL, IELTS, GMAT, GREINR 70 LakhsFull-Time MBA, Executive MBA, Dual Degree MBA
Questrom School of Business, Boston University33TOEFL, IELTS, PTE, GMAT, GREINR 49 LakhsFull-Time MBA, Part Time MBA, Distance Learning MBA, Dual Degree MBA

Harvard University

Being one of the most famous & oldest institutes for MBA in USA, Harvard B-School (part of Harvard University) offers 2-year long MBA program to students. Candidates are taught through multimedia simulations, case method courses and field projects where students can use in business techniques in a practical sense. Here is a list of some MBA courses offered by Harvard B-School are as follows:

  • MBA in Finance
  • MBA in Corporate Social Responsibility
  • MBA in Information Management
  • MBA in Entrepreneurship

Stanford University

Ranked among the top 10 universities of QS World University ranking 2018, established in 1891, the Standford University’s Graduate School of Business offers an excellent MBA course to international students. The MBA program includes design thinking, small group leadership project, team-based learning, experiential learning and case studies. For those wanting to pursue an MBA in USA, here is a list of some popular programs offered by the university: 

  • MBA in Accounting
  • MBA in Global Management
  • MBA in Managerial Economics
  • MBA in Global Management
  • MBA in Finance

The University of Chicago

Credits: The University of Chicago

Founded in 1890 this university is a private research institution situated in the USA. The University of Chicago provides MBA courses with various specializations. With the help of well-qualified teachers, the students are motivated to research and learn. The popular MBA courses are as follows:

  • MBA in Accounting
  • MBA in Analytical Finance
  • MBA in Econometrics and Statistics
  • MBA in Economics
  • MBA in International Business

Massachusetts Institute of Technology

Massachusetts Institute of Technology was established in the year 1861. It is a private research institute in Cambridge, Massachusetts. MIT Sloan School of Management is a B-school of MOT that offers postgraduate Management & Business courses. The list of courses offered by the institution is as follows:

  • MBA in Finance
  • MBA in Entrepreneurship and Innovation

University of Pennsylvania

Commonly known as Penn University, the University of Pennsylvania was established in the year 1755 is recognised as one of the oldest research institutions in the world. The university founded by Benjamin Franklin and provides various undergraduate and masters programmes to international students. Wharton School is the B-School of this university which offers multiple MBA in USA. Here is the list of some popular programs: offered by the institution:

  • MBA in Accounting
  • MBA in Actuarial Sciences
  • MBA in Business Analytics
  • MBA in Entrepreneurship and Innovation

MBA in USA: Top Specializations

Another aspect that can influence your MBA programme selection is the specialisation you want to pursue. According to the QS MBA by Specialization Rankings 2021, the following American universities took the top spots for various MBA specialisations.

MBA in USA Specializations Top B-Schools in the USA
Consulting#3 MIT (Sloan)
Finance#1 Penn (Wharton)#2 Stanford Graduate School of Business#3 Harvard Business School
Information Management#1 MIT (Sloan)#2 Michigan (Ross)#3 Northwestern (Kellogg)
Marketing#1 Stanford Graduate School of Business#2 Michigan (Ross)#3 UCLA (Anderson)
Operations Management#1 MIT (Sloan)#2 Michigan State (Eli Broad)
Technology#1 MIT (Sloan)#2 Stanford Graduate School of Business#3 UC Berkeley (Haas)
Entrepreneurship#1 Stanford Graduate School of Business#2 MIT (Sloan)#3 Harvard Business School

Must Read: MEM in USA: Eligibility,Top Colleges, Scholarships

MBA in USA: MBA Scholarships for international students

Given that higher education has overtaken home ownership as the second-largest cost for a person in their lifetime, it’s no surprise that so many students are turning to scholarships and fellowships for assistance. Here is a list of top and renowned MBA scholarships for studying MBA in the USA, especially for international students of all nations and majorly India. 

Scholarship Name for MBA in USABrief about the scholarship 
Harvard University – MBA Scholarships In US, 2021Full Funding
NYU Stern School Of Business – William R. Berkley Scholarships In USFull Funding
Arizona State University W. P. Carey Forward Focus MBA ScholarshipRegardless of their financial status, all accepted full-time ASU MBA students will apply for this full scholarship covering their entire tuition.
University of Florida Warrington College of BusinessThis scholarship is open to all accepted full-time University of Florida MBA students and pays full tuition for Warrington College of Business courses.
University of Chicago Booth School of Business ScholarshipAnnual tuition will be paid in full, with future grants theoretically covering annual expenses.
The University of Houston MBA ScholarshipNon-Texas residents can receive up to $10,000 a year in addition to in-state tuition changes. MBA candidates from the University of Houston should apply for this scholarship.
Ritchie-Jennings Memorial ScholarshipCandidates must be US citizens or permanent residents with declared majors or minors in accounting, business management, or finance. The following prizes will be given to the candidates: $10,000, $5,000, $2,500, and $1,000.
Wharton’s Emerging Economy FellowshipsCandidates who are interested in pursuing a full-time MBA at the Wharton School of Business should apply. It includes all years of the program.
Joseph Wharton FellowshipsThis fellowship is named after Wharton’s founder and is given to students who have excelled academically and professionally. This fellowship program is open to all students who have been accepted to Wharton.
McKinsey Award at MIT SloanRegardless of their educational experience, this fellowship is available to all new students. The McKinsey award, on the other hand, is given to four first-year students who succeed in academics, professional leadership, and community service.

FAQs

What exam is required for MBA in USA?

One of the most critical components for those wishing to obtain an MBA in the United States is the Graduate Management Admission Test (GMAT). For admission to an MBA program in the United States, aspirants must have a strong GMAT ranking.

How much does an MBA in USA cost?

An MBA degree can be expensive, but the average tuition for a two-year MBA program is more than $60,000. You should expect to pay $100,000 or more in tuition and fees if you attend one of the best business schools.

Is MBA from USA worth it?

It’s becoming increasingly clear that earning an MBA isn’t just a risky investment—it’s a gamble that’s just not worth taking. MBA services have traditionally offered a few things: a solid grounding in core business subjects, better career opportunities, and access to a prestigious network.

Does MBA in USA require work experience?

A four-year Bachelor’s degree from an accredited US institution or its foreign counterpart is typically required for admission to an MBA program in American business schools. Depending on your duties, a minimum of two to three years of work experience is needed. Make a resume.

Can I get a job in USA after MBA?

MBA graduates in the United States have a wide range of career opportunities. If the university is known, you can get a job even if you have an MBA from another country. It might not be as simple as it seems, but depending on your background and degree, you may stand a fair chance.

We hope, this blog has helped in providing details on MBA in USA. For further details or queries related to the admission process in the Business Schools of USA, you can contact us at Leverage Edu– a place where dreams become reality!

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8 comments
    1. Thanks, you may also share it with your friends who are exploring study abroad opportunities in the USA.

    1. We are happy to know that our blog was helpful for you! Get in touch with our counsellors to know more about the MBA admission related details.

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