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Countries to study MBA abroad in 2024 : Eligibility, Fees, Exams for Indian Students

Q: What are basic requirements for studying abroad?

The basic requirement for MBA in abroad are:• Bachelor's Degree• GMAT/GRE Scores• English Language Proficiency• Letters of Recommendation• Statement of Purpose (SOP) or Personal Essay• Work Experience• Resume or CV

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By:CANAM Group
Updated On:Mar 05,2024 05:24 PM IST

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.

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.

basic requirements to pursue MBA in Canada.webp

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.

reasons to study MBA in UK.webp

Universities offering MBA Programs in the UK

Universities in the UK offering master's programs in Business Administration & Management expand students' knowledge in various fields related to new entrepreneurial ventures and long-standing businesses that also help build and sharpen their skills in approaching business situations from different standpoints.

Given below are some of the top academic institutes offering such programs.

Universities	Program offered
University of Bath	Master of Business Administration
University of Bristol	Master of Business Administration
University of Glasgow	Master of Business Administration
University of Roehampton	• Master of Business Administration • Master of Business Administration with Placement year
Durham University	Master of Business Administration
Queen Mary University London	Master of Business Administration
Edge Hill University	• Master of Business Administration • Master of Business Administration (Finance) • Master of Business Administration (Human Resource Management)
University of Gloucestershire	• Master of Business Administration in Global Business Administration • Master of Business Administration in Global Business Administration with Specialism in Applied Entrepreneurship, Design Thinking and Innovation • Master of Business Administration in Global Business Administration with Specialism in Design Management
Robert Gordon University	Master of Business Administration
Birmingham City University	• International Master in Business Administration • International Master in Business Administration with Professional Placement

Eligibility for MBA in the UK

Master's in Business Administration or Management has different entry requirements for different academic institutes. However, as a general set of criteria, the following fulfillments have to be satisfied:

1. A bachelor's degree or an equivalent

2. English language proficiency test scores (e.g. a minimum score of 6.0—6.5 on the IELTS.

3. A minimum GMAT (Graduate Management Admission Test) score (if required)

4. Proof of full-time work experience of the minimum specified time (if required)

Total cost for an MBA program in the UK

The tuition fee for an MBA in the UK depends on the university or college or the program a student is opting for. On average a student can expect to pay a tuition fee ranging between £26,500 to £40,000 yearly. Along with this, other expenses in Canada also depend on the city a student is living in.

New Zealand

International students are constantly searching for nations where they may further their studies and achieve professional success. Strong business leadership abilities can be developed by students pursuing an MBA in New Zealand. With this postgraduate degree, individuals can pursue professions in the public, private, or governmental sectors.

Professionals in New Zealand can advance in their careers and pursue leadership positions within their companies by earning an MBA. Because its universities award MBA degrees that are accepted around the world, New Zealand lives up to its reputation for excellence and high-caliber education.

Universities that offer an MBA in New Zealand

Many prestigious universities in New Zealand provide excellent MBA programs that draw international students looking for top-notch education.

Here's a list of universities that offer an MBA in New Zealand:

Name of The University	Courses	Duration of the Course
Victoria University of Wellington	Executive Master of Business Administration	2 years
Auckland University of Technology	Master of Business Administration	1-1.5 years (full time)
University of Otago	Master of Business Administration	14 months (minimum), 20 months (maximum)
Massey University	Master of Business Administration	1 year (full time)
University of Canterbury	Master of Business Administration	16 months (full time)

Eligibility to pursue MBA in New Zealand

To pursue an MBA program in one of New Zealand's universities, applicants must meet certain prerequisites. The following qualifications are needed to be eligible for an MBA in New Zealand:

• Applicants must have completed a three-year bachelor's degree in a home country university that has gained recognition. At least 60% of the credits should be the same as a bachelor's degree from New Zealand.

• Candidates must have three to five years of relevant work experience to pursue an MBA degree.

• Candidates must provide their IELTS or TOEFL results, if relevant.

• Depending on the course and university, applicants may be required to submit their GRE or GMAT results.

How much does an MBA cost in New Zealand?

The average amount an MBA student has to pay for tuition in New Zealand ranges from approx. 20,000 NZD to 50,000 NZD. This amount generally depends upon the school and the program a student pursues.

Australia

Indian students have traditionally chosen to pursue the Master of Business Administration (MBA) program as a popular postgraduate degree to acquire advanced knowledge and abilities in business and management. International students can obtain an affordable, top-notch education in Australia while interacting with a vibrant, multicultural community by pursuing an MBA. MBA in Australia is a diverse field where students can pursue their academic careers.

Universities in Australia which offer MBA

The table below highlights some of the top universities to study MBA in Australia :

University	Program Offered
The University of Newcastle	Master of Business Administration (Global)
University of Western Australia Business School	• Master of Business Administration – Flexible • Master of Business Administration / Master of Laws (Dual Degree)
University Of South Australia	• Master of Business Administration – Flexible • Master of Business Administration / Master of Laws (Dual Degree)
University of Wollongong	Diploma of Business (International), Progression to Bachelor of Business Administration
La Trobe Business School	Diploma of Business (International)
Victoria University	Master of Business Administration (Global)

Eligibility requirements for MBA in Australia

Below are the eligibility criteria for MBA in Australia

• Bachelor's Degree

• GMAT/GRE Scores

• English Language Proficiency

• Letters of Recommendation

• Statement of Purpose (SOP) or Personal Essay

• Work Experience

• Resume or CV

Total cost for MBA in Australia

The average tuition fee a student has to pay to pursue an MBA in Australia ranges from $40,000 to $90,000 depending upon the institution and the program an individual pursues.

Germany

MBA is a popular choice among students to pursue in foreign countries. Due to the scope of this program worldwide, several undergraduates opt for this course. Students especially choose to pursue an MBA in Germany because of the opportunities it offers.

Top Universities in Germany for MBA

The first step for applying for an MBA in Germany for international students is to find a university. Some of the best MBA colleges for Indian students are as follows:

Universities	MBA Programs
Arden University	MBA
Berlin School of Business and Innovation	MBA
University of Europe for Applied Sciences	• MBA Diplomacy • Master of Business Administration • MBA Shipping and Logistics • MBA Sustainable Water Management
International University of Applied Sciences	• Master of Business Administration • MBA – Artificial Intelligence • MBA – Big Data Management • MBA – E-Sports Management • MBA – Engineering Management • MBA – Finance & Accounting • MBA – Healthcare Management • MBA – Human Resource Management • MBA – IT Management • MBA – Innovation & Entrepreneurship • MBA – International Marketing • MBA – Salesforce & Sales Management • MBA – Supply Chain Management
Macromedia University of Applied Science	• MBA Data Analytics • MBA Marketing • MBA Master of Business Administration

Eligibility Criteria for the MBA Program

Once the students have selected a university, let's go to the next step. Students need to know the eligibility criteria for the MBA course to apply appropriately. The eligibility criteria are as follows:

1. A bachelor's or master's degree in the student's field of interest.

2. Valid GMAT or GRE scores for some universities

3. Proof of an English Proficiency Test such as IELTS/TOEFL/PTE.

4. German institutes also require basic proficiency in the German language.

5. An average score of 60% in previous UG or PG courses.

6. Some universities need students to take an entrance test.

7. For specific programs, work experience of 2-5 years for an MBA in Germany.

Average Cost for an MBA in Germany

Students who need to pursue an MBA need to pay an average tuition fee ranging from €10,000 to €40,000. The cost varies according to the different public and private universities a student is in.

Conclusion

This is the detailed guide for everything a student needs to know to start their business journey and fulfil their academic aspirations. You can connect with Canam experts at Canam- India’s leading study abroad consultants for any other query and information.

FAQ

In which country MBA is cheapest for Indian students?

Country which offer an MBA at cheapest rate is Germany.

Is MBA from abroad very expensive?

Yes, MBA course fees abroad are expensive when compared to Indian B-schools. While the cost of an MBA in India is around 7.5-25 Lakhs INR, the cost of an MBA abroad can go as high as 50lakhs - 1.5Cr INR.

What are basic requirements for studying abroad?

The basic requirement for MBA in abroad are:

• Bachelor's Degree

• GMAT/GRE Scores

• English Language Proficiency

• Letters of Recommendation

• Statement of Purpose (SOP) or Personal Essay

• Work Experience

• Resume or CV

What is an average cost to study MBA abroad?

If a student wants to pursue MBA abroad, he/she might pay a fee ranging from 25-90 lakh per annum. It may vary depending on the universities and country you choose.

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Countries to study MBA abroad in 2024 : Eligibility, Fees, Exams for Indian Students

Table of Contents

Why Abroad for MBA?

Countries to pursue MBA Abroad

Canada

Major Universities and colleges offering MBA in Canada

Eligibility for MBA in Canada

Fee Structure for MBA in Canada

USA

Top Universities and colleges offering MBA in USA

Eligibility for MBA in the USA

Fee Structure for MBA in the USA

United Kingdom (UK)

Why study for an MBA in the UK?

Universities offering MBA Programs in the UK

Eligibility for MBA in the UK

Total cost for an MBA program in the UK

New Zealand

Universities that offer an MBA in New Zealand

Eligibility to pursue MBA in New Zealand

How much does an MBA cost in New Zealand?

Australia

Universities in Australia which offer MBA

Eligibility requirements for MBA in Australia

Total cost for MBA in Australia

Germany

Top Universities in Germany for MBA

Eligibility Criteria for the MBA Program

Average Cost for an MBA in Germany

Conclusion

FAQ

Events, webinar, college / university visits and more.

Popular university and colleges for Studying abroad.

Bond University Queensland

Central Queensland University - Rockhampton, North Campus Queensland

Charles Sturt University - Wagga Wagga Campus New South Wales

Deakin University - Geelong Waurn Ponds Campus Victoria

Engineering Institute of Technology - Perth campus Western Australia

Griffith University - Nathan Campus Queensland

La Trobe University - Bendigo Campus Victoria

LCI Melbourne - Art & Design School Victoria

University Canada West British Columbia

University of Windsor Ontario

Dalhousie University Nova Scotia

Carleton University Ontario

Cape Breton University Nova Scotia

University of ottawa Ontario

University of saskatchewan Saskatchewan

University of regina Saskatchewan

University of guelph Ontario

Ara Institute of Canterbury - City Campus Southland

Aspire 2 International - Auckland Campus Auckland

Auckland University of Technology - City Campus Auckland

Eastern Institute of Technology - Hawke Bay Campus Hawke's Bay

Manukau Institute of Technology -Manukau Campus Auckland

Massey University - Auckland Campus Auckland

Nelson Marlborough Institute of Technology (NMIT) - Nelson Campus Southland

New Zealand Institute of Business & Technology (NZIBT) Auckland

The University of Waikato - Hamilton Campus Hamilton

University of Warwick England

De Montfort University England

University of West London England

University of Strathclyde Scotland

Aston University England

University of Bath England

University of Liverpool England

Durham University England

Newcastle University England

Kent state university Ohio

San Jose State University California

Wright State University Ohio

Clark University Massachusetts

Rowan University New Jersey

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University of Findlay Ohio

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