• Articles

MBA Abroad: Scope, Colleges, and Fees

MBA Abroad: Scope, Colleges, and Fees

Our blog showcases the best MBA programs offered overseas by prestigious colleges that guarantee the best placements and excellent instruction. It also contains comprehensive eligibility information, including prerequisites and mandatory exams for every college.

Table of Contents:

Scope of MBA Abroad 

Studying for an MBA abroad offers Indian students a unique opportunity to elevate their professional quotient and engage themselves in a global learning environment. In contrast to India’s conventional educational system, international MBA programs educate students about various cultures, viewpoints, and business procedures. In the connected world of today, this experience is essential as it enables students to get a deeper comprehension of international markets and diverse approaches to problem-solving. Students who interact with a culturally varied cohort benefit from a rich learning environment and can develop a worldwide network. This may benefit their future employment prospects and also, their entrepreneurial approach.

The widespread acceptance and accreditation of a number of foreign universities is one of the major benefits of doing an MBA abroad, especially for Indian students. International accreditations provide the degree with greater credibility and status, giving it a competitive advantage in the employment market—not just in India, but all around the world. Many global corporations appreciate the exposure to different cultures and skill sets that these programs give students. This acknowledgment increases the range of employment options. It raises the possibility of earning more money, which makes earning an MBA abroad an appealing option for people looking to progress their careers internationally.

MBA in the US

An MBA in the US holds significant value, offering diverse career opportunities in finance, consulting, marketing, and entrepreneurship. Well-known business schools, networking prospects, and a robust alumni base amplify its worth, making it an attractive choice for professionals seeking leadership roles in a wide range of industries domestically and internationally.

Below are some of the top business schools in the United States:

Stanford University 

Stanford University 

An MBA from Stanford is the best option for anyone looking for a transformative and globally recognized business education. It provides unmatched networking chances with elite professionals, access to innovative business processes, and a thriving entrepreneurial ecosystem.

Courses OfferedMBA
MBA in Finance
MBA in Accounting
1st-year Tuition Fee₹66.49 L
Exam AcceptedIELTS, TOEFL, PTE, GMAT, GRE
Cut off PercentileIELTS – 95
TOEFL – 110
PTE – 70
GMAT – 99
GRE – 95

Harvard University

Harvard University

Harvard University’s MBA program, provided by the Harvard Business School, is renowned for its curriculum, distinguished faculty, and expansive global network. It emphasizes case-based learning and leadership development. It provides many opportunities for students to engage with top industry leaders, making it one of the most prestigious business education programs worldwide. 

Courses OfferedMBA
MBA Entrepreneurship & Innovation
1st-year Tuition Fee₹62.37 L
Exam AcceptedIELTS, TOEFL, PTE, GMAT, GRE, Duolingo
Cut off PercentileIELTS – 95
TOEFL – 107
PTE – 75
GMAT – 720
GRE – 325
Duolingo – 130

University of Pennsylvania 

University of Pennsylvania 

The University of Pennsylvania’s Wharton School offers a world-class MBA program known for its course curriculum and extensive networking opportunities. With a focus on innovation, leadership, and entrepreneurship, Wharton prepares students for successful careers in various industries, making it one of the most prestigious business schools globally.

Courses OfferedMBA
MBA Finance
MBA Entrepreneurship & Innovation
1st-year Tuition Fee₹72.46 L
Exam AcceptedIELTS, TOEFL, PTE, GMAT, GRE
Cut off PercentileIELTS – 7.0
TOEFL – 107-110
PTE- 65-72G
MAT- 95-97
GRE – 317-333

Get 100% Hike!

Master Most in Demand Skills Now!

MBA in the UK

The UK offers aspiring MBA candidates a robust foundation through its globally acclaimed business schools, diverse networking opportunities, and immersion in an international business setting. The scope for an MBA in the UK is promising, providing access to a wide range of industries, career advancement, and a robust alumni network, enhancing professional prospects on a global scale.

London Business School

London Business School

The MBA program at London Business School is widely regarded as one of the best in the world and is extremely popular for its competitive curriculum structure. Academic excellence, a varied and multinational student body, and a robust alumni network are the program’s trademarks. 

Courses OfferedMBA
Executive MBA 
1st-year Tuition Fee₹74.3 L
Exam AcceptedIELTS, GMAT, GRE
Cut off PercentileIELTS – 95
GMAT – 90
GRE – 90

University of Chicago

University of Chicago

Full-time MBA programs at the University of Chicago Booth School of Business are well-rated. The Financial Times, The Economist, and U.S. News & World Report are just a few of the publications that place the school among the top 10 MBA programs worldwide. Booth’s MBA program is renowned for emphasizing mathematical training and analytical thinking. Additionally, the curriculum offers a large selection of electives, enabling students to customize their education to fit their unique interests.

Courses OfferedMBA
1st-year Tuition Fee₹41.25 L – 64.56 L
Exam AcceptedIELTS, TOEFL, PTE, GMAT, GRE
Cut off PercentileIELTS – 7.0
TOEFL – 110
PTE – 60
GMAT – 730
GRE – 330

University of Oxford

University of Oxford

The University of Oxford’s MBA programs, offered through Saïd Business School, are consistently ranked among the top in the world. The one-year MBA provides a rigorous and transformative experience that develops students’ leadership skills, global perspective, and entrepreneurial mindset. 

Courses OfferedMBA
1st-year Tuition Fee₹71.94 L
Exam AcceptedIELTS GMAT, GRE
Cut off PercentileIELTS – 7.5
GMAT – 690
GRE – 162
Verbal -163
Quantitative

MBA in Canada

Canada, another North American nation, comes in third. Because of the high caliber of its business schools and the abundance of post-graduation job prospects, Canada continues to be a favorite destination for ambitious MBA students. In fact, the country is home to six of the top 100 business schools in the world according to the QS Global MBA Rankings 2018.

University of Toronto

University of Toronto

An MBA from the Rotman School of Management at the University of Toronto provides you with the skills, flexibility, and self-assurance you need to change your future as you advance in your profession. With Canada’s top MBA program, you may reach your full potential and master the principles of business.

Courses OfferedFull-time MBA
Morning & Evening MBA 
1st-year Tuition Fee₹27.32 L – 40.58 L
Exam AcceptedIELTS, TOEFL, GMAT, GRE
Cut off PercentileIELTS – 90
TOEFL – 100
GMAT – 85
GRE – 90

Queen’s University

Queen’s University

Employers today need both the development of interpersonal skills and technical expertise, which Queen’s comprehensive MBA program provides. The knowledge is given by top-notch instructors and business specialists using a variety of instructional techniques. Graduates with competencies like problem-solving, interpersonal skills, teamwork, leadership, and personal capacity will find it easier to land a job nowadays.

Courses OfferedMBA
Accelerated MBA
1st-year Tuition Fee₹48.83 L – 64.78 L
Exam AcceptedIELTS, TOEFL, PTE, GMAT, GRE
Cut off PercentileIELTS – 7.0
TOEFL – 100
PTE – 65
GMAT – 642
GRE – 318

Western University

Western University

The MBA Program of Western University has been named No. 1 in Canada and appeals to students who want to advance their careers with the support of a large alumni network and top career management staff. This MBA program helps students prepare for their long-term career and post-MBA jobs by working with the top-ranked career management team. Moreover, this team’s high-touch and individualized coaching is seen in our consistently great job offer rates.

Courses OfferedMBA
Accelerated MBA 
1st-year Tuition Fee₹51.16 L – 78.04 L
Exam AcceptedIELTS, TOEFL, PTE, GMAT, GRE
Cut off PercentileIELTS – 90
TOEFL – 100
PTE – 95
GMAT – 90
GRE – 90

MBA in Australia

MBA programs in Australia offer extensive opportunities due to the country’s strong economy, diverse industries, and global business networks. Graduates gain access to a wide range of job prospects in finance, technology, healthcare, and more. With a focus on innovation and a multicultural environment, Australian MBA holders are highly sought after in the international job market.

The University of Melbourne

The University of Melbourne

The MBA program of the esteemed University of Melbourne has a long history of turning out exceptional senior executives who can manage and lead in public, private, and government sectors. The integrated, skill-focused curriculum of the full-time MBA program is intended to maximize career impact and provide students with real-world business experience. It is demanding and immersive, offering more than just the standard MBA toolbox.

Courses OfferedMBA
1st-year Tuition Fee₹26.63 L
Exam AcceptedIELTS, TOEFL, PTE, GMAT, GRE
Cut off PercentileIELTS – 6.5
TOEFL – 100
PTE – 60
GMAT – 650
GRE – 320

University of New South Wales

University of New South Wales

Located in Sydney, Australia, the University of New South Wales’s highly regarded Full-Time MBA program is taught by executives-in-residence from top government and corporate institutions as well as internationally renowned academics. Students get introduced to real-world business problems and practical skills and tools through immersive, hands-on learning experiences.

Courses OfferedMBA
1st-year Tuition Fee₹31.47 L
Exam AcceptedIELTS, TOEFL, PTE, GMAT, and GRE
Cut off PercentileIELTS – 90
TOEFL – 110
PTE – 65
GMAT – 70
GRE – 320

Monash University 

Monash University 

The  MBA program of Monash University focuses on modern organizational and corporate difficulties while enhancing participants’ managerial and leadership skills. The course includes study abroad opportunities, interaction with firms and business executives, and on-campus instruction in Melbourne.

Courses OfferedMBA
1st-year Tuition Fee₹26.45 L
Exam AcceptedIELTS, TOEFL, and PTE
Cut off PercentileIELTS – 6.5
TOEFL – 90
PTE – 58

MBA in Germany

Germany offers excellent opportunities for MBA graduates due to its vast economy and thriving business environment. Recognized for quality education, it hosts prestigious business schools that attract international students. Graduates benefit from a strong network, diverse industries, and global job prospects, particularly in sectors like engineering, finance, and technology.

University of  Mannheim

University of  Mannheim

The University of Mannheim’s MBA program offers students a globally recognized education in an international setting, integrating theory and practical application to develop an intense understanding of European business practices and enhance cross-cultural management skills. With strong industry ties and distinguished faculty, the program ensures a valuable learning experience, fostering professional growth and extensive networking opportunities for Indian students pursuing their MBA at Mannheim.

Courses OfferedMBA
1st-year Tuition Fee₹37.49 L
Exam AcceptedIELTS, TOEFL, GMAT, and GRE
Cut off PercentileIELTS – 6.5
TOEFL – 100
GMAT – 650
GRE – 310

Frankfurt School of Finance & Management

Frankfurt School of Finance & Management

MBA from Frankfurt School of Finance & Management offers a strategic advantage to students by providing a dynamic curriculum to modern business challenges, particularly focusing on finance and management. The curriculum offers access to a wide range of opportunities, a global perspective, useful skills, and connections for future career progression in the business world. Its strong industry links and central European location further enhance its appeal.

Courses OfferedMBA
1st-year Tuition Fee₹37.05 L
Exam AcceptedIELTS, TOEFL, GMAT, and GRE
Cut off PercentileIELTS – 7.0
TOEFL – 100
GMAT – 650
GRE – 315

IU-International University of Applied Sciences

IU-International University of Applied Sciences

 IU-International University of Applied Sciences offers various Masters of Business Administration Program, which is an exceptional platform for students, providing a world-class education in management and fostering a strong global network. The program equips individuals with in-depth business knowledge, leadership skills, and practical experience, enhancing their potential for diverse career opportunities in a competitive business world.

Courses OfferedMBA
MBA in IT Management
MBA International Marketing
MBA in Finance & Accounting
MBA in Human Resource Management
MBA in Innovation and Entrepreneurship
1st-year Tuition Fee₹8.59 L – 8.64 L
Exam AcceptedIELTS, TOEFL and Duolingo
Cut off PercentileIELTS – 6.5
TOEFL – 90
Duolingo – 105

End-Note

Pursuing an MBA overseas is a desirable choice for Indian students seeking an extensive and competitive business education since it exposes them to a wide range of perspectives, provides ample networking possibilities, offers various learning experiences, and improves their job chances.

About the Author

Sr. IT Manager

Aparna is a Senior IT manager at a leading multinational corporation. She brings years of expertise in general management to the table. She has extensive experience in guiding teams and driving strategic initiatives.