For many professionals, especially those wishing to advance their careers in management, an MBA is the next logical step. And what better country than the hub of entrepreneurship and big corporate giants? We are definitely pointing our fingers at an MBA in USA, a country that has become the top destination for international students planning their education abroad.
With its strong economic growth and diversified society, an MBA in USA is an appealing choice for several international students. Aside from work prospects, you can find some of the world's top-ranking MBA colleges in USA. Almost 1 out of every 2 business schools featured in the QS Global MBA Ranking 2022 are in the USA. Names like Stanford GSB, Michigan Ross, and Wharton are some of the top MBA colleges in USA for Indian students that come to the mind of professionals seeking to advance their management careers.
The US has emerged as an academic leader owing to its advanced education system, high academic standards, and theoretical and practical exposure. Top MBA colleges in USA focus on experiential learning and delivering high-quality education enabled through developed infrastructure, the latest technology, and well-renowned faculties.
Another reason studying for an MBA in USA is a great option is that academic life in US universities is not limited to classrooms. Several other activities, such as sports teams, assistantships, clubs, student organisations, volunteering, etc., add to the vibrant student life on campus.
Depending on the sort of school chosen, an MBA in USA can last anywhere from one to two years. Applicants can choose between a normal, executive, or part-time MBA, depending on their preferences and the specialisations available. The MBA universities in USA have designed the program's course structure to include a mix of internships and project work.
Investing in management courses in the United States will always be worthwhile. The top MBA universities in the USA have a high brand value and a higher return on investment. MBA in USA is offered across various specialisations, including STEM MBA, finance, marketing, business analytics, information technology, and accounting.
MBA graduates in the field of consulting are among the highest in demand. For example, BCG, McKinsey, and Bain & Company provide typical pay of up to 165,000 USD per year. The most common degree where graduates from the United States are recognised and accepted internationally is an MBA in Finance. MBA graduates in finance may earn up to 102,000 USD per year on average. Top recruiters in the United States pay handsomely for popular career jobs, including marketing directors, marketing managers, and product managers. MBA Marketing graduates from reputable colleges may expect to earn roughly 162,000 USD per year on average.
An MBA in USA is a competitive feat, but a GMAT/GRE score on your MBA application can catch the eye of the admissions committee. Though several MBA universities in USA require a compulsory GMAT/ GRE score, even the ones that have not made it mandatory emphasise the additional value that the score adds to your MBA application.
Although studying in the USA can be a costly affair for many international students, American universities offer generous amounts of scholarships that eventually bring down the MBA fees in USA. MBA universities in USA offer scholarships to make education accessible to all from complete to partial tuition fee waivers.
The US government issues F-1 visas to US non-immigrant students depending on their course and certain guidelines and restrictions. This F-1 visa permits them to work in the country after finishing their studies. International students can obtain an H1-B visa after their F-1 visa extension is over. The H1-B visa allows them to stay and work in the USA for up to 6 years, after which they apply for a permanent US residency after getting a green card.
Generally, top universities offering MBA in USA will require you to submit a GMAT score. The average GMAT score of the top MBA colleges in USA can range anywhere between 690-730. Given below is a list of the top 20 b-schools offering MBA in USA, along with their GMAT scores for the 2022 batch.
MBA in USA eligibility: Your application to study MBA in USA will necessarily require you to submit these six things - transcript(s), GMAT/GRE test scores, English language proficiency test scores (TOEFL/IELTS/ PTE/Duolingo), resume, a few long-form reflective student essays, and two revealing LORs. Additionally: You could be asked to submit one optional short-answer question/ a short-answer prompt and a striking video essay (Chicago Booth’s application, for example).
Given below is a list of top MBA colleges in USA for Indian students and their total course fees.
Top MBA Colleges in USA | MBA Fees in USA |
---|---|
Stanford GSB | $74,706 |
Wharton School of Business | $80,432 |
Kellogg School of Management | $74,871 |
Booth School of Business | $73,440 |
MIT Sloan School of Management | $77,168 |
Harvard Business School | $73,440 |
UC Berkeley (Haas) | $64,246 |
Columbia Business School | $77,376 |
Yale School of Management | $72,350 |
NYU (Stern) | $76,780 |
Virginia(Darden) | $72,800 |
Dartmouth Tuck | $77,520 |
Duke (Fuqua) | $70,000 |
Michigan (Ross) | $71,048 |
Cornell (Johnson) | $71,940 |
UCLA (Anderson) | $65,124 |
USC (Marshall) | $65,124 |
Texas Austin (McCombs) | $56,572 |
CMU (Tepper) | $70,000 |
UNC (Kenan-Flagler) | $66,840 |
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*This data is based on Information from Year 2021-2022. Please contact Jamboree counsellor for accurate information.
Stanford
Total Fees
$149,412
Tempe
Total Fees
$59,240
Boston
Total Fees
$69,700
Houston
Total Fees
$75,800
Tuscaloosa
Total Fees
$62,970
Evanston
Total Fees
$111,658
Warrensburg
Total Fees
$20000
Edmond
Total Fees
$22,500
Cincinnati
Total Fees
$32,000
Dayton
Total Fees
$22,000
Berkeley
Total Fees
$115,000
New York
Total Fees
$154,752
Durham
Total Fees
$101,326
New York
Total Fees
$78,700
Los Angeles
Total Fees
$70,368
Chapel Hill
Total Fees
$66,324
Bloomington
Total Fees
$72,571
Austin
Total Fees
$73,465
Ithaca
Total Fees
$94,451
Boston
Total Fees
$146,880
Pittsburgh
Total Fees
$96,354
Ann Arbor
Total Fees
$92,413
Charlottesville
Total Fees
$107,416
Philadelphia
Total Fees
$162,756
Chicago
Total Fees
$149,838
Cambridge
Total Fees
$154,336