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Countries to study MBA abroad in 2024 : Eligibility, Fees, Exams for Indian Students
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Earning an MBA abroad can be a transformative experience for international career and personal growth. This blog delves into the countries for Indian students seeking an MBA: Canada, USA, UK, Australia and Germany. We analyze each country's academic offerings, career opportunities, opportunities and cultural aspects to help pursuer make an informed decision. So, be prepared to embark on the journey of business administration.
Table of Contents
For ambitious Indian students, an MBA abroad isn't just a degree, it's a way to a global career. MBA is a popular course in the modern world as it opens up several career opportunities. Pursuing an MBA abroad has many benefits and it adds up to the resume.
MBA degree is widely accepted in all walks and different streams of life, which can be Healthcare, Automobile, Fashion, Hospitality, and Philosophy to name a few. Acknowledging the rising demand and popularity of MBA programs among business profession aspirants, a lot of educational institutes have introduced MBA programs in their list of programs.
Why Abroad for MBA?
There can be several factors which influence a student to study abroad and pursue their academic aspirations. Studying abroad can-
• Broaden personal and professional perspective
• Develop new skills
• Boosts confidence
• More career opportunities
• Top-ranked programs
• Global professionals
Countries to pursue MBA Abroad
The MBA stands as a top choice for international students to widen their job prospects. MBA offers specialization in diverse fields which allows business aspirants to learn a wide range of skills. The countries where a student can pursue an MBA efficiently are Canada, the USA, the UK, Australia and Germany.
Canada
Opting to pursue a Master's in Business Administration from a renowned Canadian institution holds a distinct edge.
Canada boasts globally acclaimed universities, amplifying the value of degrees earned from these esteemed institutions. students find Canada to be an ideal destination, enjoying a good quality of life. There are plenty of opportunities for international students to work in Canada on-campus and off-campus and this is one of the reasons why students opt for studying MBA in Canada.
Major Universities and colleges offering MBA in Canada
Across Canada, numerous esteemed institutions provide exceptional MBA programs, attracting global students seeking high-quality education.
University | Program Offered |
Brock University | • Master of Business Administration (Co-Op Optional) • Master of Business Administration (ISP) (Co-Op Optional) |
Cape Breton University | Master of Business Administration in Community Economic Development |
Dalhousie University | Master of Business Administration - Corporate Residency |
New York Institute of Technology | • Master of Business Administration • Master of Business Administration - Business Analytics • Master of Business Administration - Finance |
Lakehead University | • Master of Business Administration • Master of Business Administration With Advanced Studies in Management |
University Canada West | Master of Business Administration |
University of Manitoba | Master of Business Administration |
University of New Brunswick | • Master of Business Administration in Sport and Recreation Management • Master of Business Administration, With Concentration in Management Analytics |
University of Ottawa | • Executive Master of Business Administration (Course-Based) • Master of Business Administration (Intensive) - (Course-Based) |
University of Windsor | • Master of Business Administration • Master of Business Administration - Managers and Professionals • Master of Business Administration - Professional Accounting Specialization |
University of Saskatchewan | Master Of Business Administration (Course-Based) |
Eligibility for MBA in Canada
Entering into an MBA program in Canada presents an avenue to explore varied career prospects within a dynamic, culturally rich environment. To initiate this transformative journey, it's crucial to understand and meet the essential criteria.
Fee Structure for MBA in Canada
The tuition fee for an MBA in Canada depend on the university or college or the program a student is opting for. On average a student can expect to pay between CAD 35,000 to 60,000 yearly. Along with this, other expenses in Canada also depend on the city a student is living in.
USA
The USA is home to some of the world's leading business and management courses and schools, offering a wide range of MBA programs to meet the needs of students having different career goals. MBA from the USA is highly reputed and in high demand by employers.
Top Universities and colleges offering MBA in USA
There are many esteemed and reputed colleges and universities which offer MBA to students and this list is quite extensive and competitive! They provide a brilliant and diverse environment to study in the USA and foster their knowledge.
University | Program offered |
Arizona State University | • Master of Business Administration (STEM) • Master of Business Administration in Executive |
Arkansas State University | • Master of Business Administration (STEM) • Master of Business Administration with a Concentration in Agricultural Business (STEM) • Master of Business Administration with Concentration in Financial Planning and Analysis (STEM) |
California State University | • Master of Business Administration for Global Innovators • Master of Business Administration in Business Administration with a Concentration in Analytics for Managers • Master of Business Administration in Business Administration with Concentration in Finance • Master of Business Administration in Business Administration with Concentration in General Business |
Northern Arizona University | • Master of Business Administration • Master of Business Administration with a concentration in Accounting • Master of Business Administration with a concentration in Applied Management |
The University of Alabama | • Integrated Master Program (IMP) - Master of Business Administration • Master of Business Administration |
Troy University | • Master of Business Administration with Concentration in Management |
University of North Alabama | • Executive Master of Business Administration • Master of Business Administration Degree |
Eligibility for MBA in the USA
Entry requirements for an MBA in the USA differ with the institutes across the country. The basic requirements include-
• Bachelor's degree
• Statement of purpose
• 2 letters of recommendation
• Passport copy
• Financial statement
• English language proficiency scores such as IELTS/TOEFL
• GMAT/GRE scores (optional in some institutions)
• Work Experience (Optional)
Fee Structure for MBA in the USA
The fee structure for an MBA depends upon the institute a student is opting for. Generally, on average a student has to pay a tuition fee of approx. USD 30,000 to USD 70,000. Whereas, fees at a few high-ranked MBA institutions might be from USD 70,000 to USD 90,000.
United Kingdom (UK)
Master of Business Administration from the UK is a prestigious academic rank especially when gained from the UK. Business schools in the UK are well known for their quality of programs that include a hands-on approach to teaching and learning.
An MBA from the UK is a chance to develop global networks and build relationships with leaders and professionals from diverse geographical, cultural and experiential backgrounds. Such a variegated set of networks helps students access opportunities and navigate the complexities of the international business world.
Why study for an MBA in the UK?
When planning to study MBA in the UK, students should consider the reasons for the degree to hold high value and the standing they would have in the time after.