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Top Management and MBA Colleges in the World 2022

Studying management studies or MBA (Masters of Business Administration) can prove to be a big step for aspiring managers as this field has extensive professional opportunities that the students can explore. Moreover, MBA or management studies is known to be a prestigious degree that can provide the aspirants with in-depth knowledge about the competitive business world today. For this, there are several top MBA colleges that students can opt for to help them advance professionally. 

Highlights

Top Countries for management coursesUK, USA, France, Germany, Spain
Average cost to study in management universities abroadINR 15 Lakhs - INR 78 Lakhs
Top MBA specializations in the WorldBusiness Analytics, Finance, Marketing, International Business Management, HR and IT 
Top job profiles after studying management courses abroadProject Manager; Marketing Manager; Business Development Executive/ Manager; Analytics Manager; System Manager; Product Manager; Data Processing Manager; Business Analyst.

Top Management Courses in the World

Before delving any further into the details of this course, let us first look at some of the top undergraduate and postgraduate courses in management studies: 

Top UG Management Courses

Below are a couple of top undergraduate courses in management studies:

Course NameAverage Fees (INR)
BBA – Bachelor of Business Administration16.75 lakh/Year
Bachelor of Hotel Management13.48 lakh/Year
Bachelor of Banking and Insurance – BBI12 lakhs/Year
BBA Marketing16.75 lakh/Year
BBA Entrepreneurship14.9 Lakhs/Year
BBA International Business14.9 Lakhs/Year

Top PG Management Courses

Below are a couple of top postgraduate courses in management studies:

Course NameFees
MSc Strategic ManagementUSD 36,198(INR 28.73 Lakhs)
Masters in ManagementUSD 39,200  (INR 36.82 Lakhs)
MSc in Strategy & Management of International BusinessUSD 25,903 (INR 20.56 Lakhs)
MSc in ManagementUSD 36,580(INR 29.87 Lakhs)
MSc in International ManagementUSD 18,473 (INR 14.66 Lakhs)
Master in ManagementUSD 40,942  (INR 32.50 Lakhs)
MSc Management and StrategyUSD 37,049 (INR 30.26 Lakhs)
Master in International ManagementNA
Master in International ManagementUSD 14,890  (INR 11.89 Lakhs)

Top MBA Specializations in the World

Aspirants may also like to check some of the popular Masters of Business Administration (MBA) courses. Below are a few of them: 

Course NameAverage Fees
MBA Business AnalyticsUSD 20,705 (INR 16.91 Lakhs)
MBA FinanceUSD 31,633 (INR 25.83 Lakhs)
MBA Human ResourcesUSD 18,405 (INR 15.03 Lakhs)
MBA Information Technology USD 36,177  (INR 29.54 Lakhs)
MBA International Business ManagementUSD 31,633  (INR 25.83 Lakhs)
MBA MarketingUSD 23,006  (INR 18.79 Lakhs)

Top Management Universities in the World

Further, we look at some of the best management universities in the world. These rankings will help the aspirants to choose the most suited course and university as per their requirements as well as industry standards. 

Top UG Management Colleges

Given below are a couple of top undergraduate colleges that students can apply to for good  management courses:

College NameCourse Name
Technical University of Munich, Munich, GermanyBachelor of Science (B.Sc.) in Management and Technology
Arizona State University, Tempe, USABA Business Administration
The University of British Columbia, Vancouver, CanadaBachelor of International Economics
University of Toronto, Toronto, CanadaBachelors of Business Administration
University of East London, London, UKBSc (Hons) Business Management
York University, Toronto, CanadaBachelor of Business Administration
Northeastern University, Boston, USAInternational Business, BS

Top PG Management Colleges

Given below are a couple of top postgraduate colleges that students can apply to for good  management courses:

College NameCourse NameFees
Stanford Graduate School of BusinessMasters in Business Administration (MBA)USD 76,950 (INR 61.45 Lakhs)
Harvard Business SchoolMasters of Business Administration (MBA)USD 73,440 (INR 58.65 Lakhs)
Penn (Wharton)Masters of Business Administration  (MBA)USD 84,874 (INR 67.78 Lakhs)
HEC ParisMasters of Business Administration  (MBA)USD 75,892 (INR 60.24 Lakhs)
MIT (Sloan)Masters of Business Administration  (MBA)USD 80,400 (INR 64.21 Lakhs)
London Business School
  1. Masters of Business Administration  (MBA)
  2. Masters of Managment
  3. Global MiM (Masters in Management)
  1. USD 1,12,155 (INR 91.60 Lakhs)
  2. USD 45,092 (INR 36.82 Lakhs)
  3. USD 45,092 (INR 36.82  Lakhs)
IE Business School
  1. Masters in Management
  2. International MBA
  3. Tech MBA
  1. USD 40,942 (INR 32.50 Lakhs)
  2. USD (INR 62.07 Lakhs)
  3. USD 81,672 (INR 56.28 Lakhs)
INSEAD
  1. Masters in Management
  2. Masters of Business Administration   (MBA)
  1. USD 56,940 (INR 39.24 Lakhs)
  2. USD 92,444 (INR 73.38 Lakhs)
Columbia Business SchoolMasters in Business Administration (MBA)USD 80,472 (INR 64.26 Lakhs)
IESE Business School
  1. Masters of Business Administration (MBA)
  2. Masters in Management
  1. USD 99,359 (INR 78.87 Lakhs)
  2. USD 44,487 (INR 35.31 Lakhs)

Admission Process of Top Management Colleges in the World

Each college can have a different admission process. However, most of the colleges require applicants to clear the eligibility criteria and submit relevant documents. We have provided detailed information about the same below:

Eligibility Criteria

  • 10+2 from a recognised institution is required for an undergraduate course.
  • Bachelor’s degree in a relevant field for a postgraduate course.
  • The university also considers students with equivalent industrial work experience.
  • Minimum English Language Entry Requirement is mandatory for International Students whose mother tongue is not English.
  • Submission of GMAT or GRE scores is mandatory.
  • The students will also have to submit a SOP or Essay.
  • The universities ask for LORs at the time of application.

English Language Score Requirements

The students who have completed their previous education in a country where English is not the mother tongue must provide the university with English Language Proficiency requirements: 

TestAverage Score Required
IELTSA minimum overall score of 6.5, with no less than 6.0 in each section
TOEFLA minimum overall score of 92, with no less than 22 in each section

Application Process

The application process for management courses takes place over a period of time and begins months before the commencement of classes. The universities have two main intakes known as the fall intake and winter intake for international students to kick start their journey. 

Here’s an easy 5-step process to complete your application process if you want to pursue a course in the field of business administration 

  • Submit a duly filled application form available on the university website.
  • Compile all your documents like SOPs, essays, certificates and LORs and exam scores like IELTS, TOEFL, GRE, GMAT, etc
  • Be mindfull of all the application deadlines and start the application process for students visa, accommodation, as well as scholarships/student loans
  • Accept the offer letter 
  • Get your visa approved and catch a flight to fly to your dream university.

Documents Required

The following are examples of supporting documents:

  • Application Requirements for Academic Documents (transcripts, degree certificates, mark sheets)
  • English Language Proficiency scores such as IELTS, Pearson, TOEFL, etc. (if applicable)
  • Additional requirements might include:
  • CV, statement of intent, writing samples
  • GRE, GMAT, other test scores
  • Statement of Purpose
  • Letter of Recommendation
  • Resume or Curriculum Vitae 
  • References: Will require the name of referees, title and email addresses; An email with a secure link will only be sent to your referees after you submit and pay for your application.

Cost of Studying Management Courses Abroad

Before moving any further, here is the approximate cost of studying a management course in international universities. 

Course LevelAverage Tuition Fee per year
Undergraduate INR 15 Lakhs
PostgraduateINR 40 Lakhs

Salary After Studying Management Courses Abroad

These are the average salaries that students earn in each of these countries after studying a course in the field of management. This will give you an idea as to what one should expect after completing their management course:

CountryAverage Salary
UKUSD 63,267 (INR 43.60 Lakhs)
USAUSD 95,370 (INR 76.16 Lakhs)
CanadaUSD 63,038 (INR 50.90 Lakhs)
AustraliaUSD 64,073 (INR 52.15 Lakhs)
New ZealandUSD 50,592 (INR 41.56 Lakhs)

FAQs

Which is best course in management?

Following are few of the courses in management:

  • Master of Financial Management (MFM) 
  • Master in Risk Management
  • Master in Marketing Management (MMM)
  • Master of Business Administration (Retail Management)
  • Master in Management Studies (MMS)
  • Post Graduate Diploma in Management
  • Project Management Professional Certification
  • PGDM in International Business

What do you study in management?

Management is a wide subject that helps students to understand organizational behavior, influence others, as well as become a leader in the business world. Leadership and management skills are important in a competitive job market that is filled with qualified candidates.

What are benefits of management?

Following are few benefits of choosing a managerial career:

  • Higher pay
  • Opportunity to make personnel decisions
  • More influence on company culture
  • Identify your leadership style
  • Create a better work environment
  • Create team autonomy
  • management

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United States

Massachusetts Institute of Technology (MIT)

United States

University Ranking: 1

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1

United Kingdom

University of Oxford

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2

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Stanford University

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3

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Harvard University

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University Ranking: 5

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5

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California Institute of Technology

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University Ranking: 6

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6

United Kingdom

University College London

United Kingdom

University Ranking: 8

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8

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The University of Chicago

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University Ranking: 9

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9

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University of Pennsylvania

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University Ranking: 13

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13

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Yale University

United States

University Ranking: 14

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14

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Columbia University

United States

University Ranking: 19

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19

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Princeton University

United States

University Ranking: 20

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20

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Cornell University

United States

University Ranking: 21

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21

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University of Michigan

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University Ranking: 23

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23

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Johns Hopkins University

United States

University Ranking: 25

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Canada

University of Toronto

Canada

University Ranking: 26

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26

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