Introduction: MBA in USA is one of the most preferred destinations for Indian students in the recent years. Having said that, the cost of completing MBA in USA is very high because the business schools are highly established institutions and they provide high quality business education across the globe,
Student once completing the degree may have chance to work with world corporate giants like Microsoft, Google, apple etc. and hence that justifies the high cost of tuition fee. The cost of completing a Master’s in Business administration from USA can cost up to a crore to an Indian student.
Students taking up MBA will learn a lot of skill sets that requires managing a business enterprise either big or small. The process of establishing a profitable business is never linear therefore it requires lot of expertise to design strategies, manage funds, lead a team, provide day to day guidance and analyzing the trends. All of these dexterity sets can be learned in one degree program that is the Masters in Business administration.
Why choose MBA in USA?
Education quality standard in the USA universities are at par to the international education system and the curriculum is upgraded with need and time. Accommodation and other facilities both in and outside the university campus are in great shape adding to it the USA lifestyle and ambient cities makes it an attractive place to study.
The MBA course offered in the USA comes with a wide variety of specialization that covers a lot of business enterprises like manufacturing companies, sports houses, banks, hotels, agriculture, entrepreneurship, finance, managing human resource, operation and management etc.
Students completing a business management degree from USA may expect one of the highest salaries across the world as the business schools in USA rank high globally on both FT rankings and QS rankings.
The mega giant companies around the world flock to the USA based business schools to select eligible candidates directly from the colleges. Students coming from the colleges hardly struggle to get a job in multinational companies.
What is duration of MBA in USA?
The typical MBA in USA may last for a 12 months or 2 years depending upon the university. In general there are other MBA programs that last for one year in USA.
Top MBA colleges in USA
| S No. | Name of Business School | Tuition Fee per year |
| 1 | Stanford University | $149,412 USD |
| 2 | Harvard University | $146,880 USD |
| 3 | University of Pennsylvania (Wharton) | $162,756 USD |
| 4 | University of Chicago (Booth) | $72,000 USD |
| 5 | Massachusetts Institute of Technology (Sloan) | $154,336USD |
| 6 | Northwestern University (Kellogg) | $75,000 USD |
| 7 | University of California-Berkeley (Haas) | $115,000 USD |
| 8 | Columbia University | $154,752USD |
| 9 | Princeton University | $112,363 USD |
| 10 | Duke University | $101,326 USD |
| 11 | New York University (Stern) | $38,550 USD |
| 12 | University of California-Los Angeles (Anderson) | $65,114 USD |
| 13 | University of North Carolina-Chapel Hill (Kenan-Flagler) | $66,324 USD |
| 14 | Indiana University | $72,571 USD |
| 15 | University of Texas | $7382050 USD |
| 16 | Cornell University | $94,451 USD |
| 17 | Carnegie Mellon University | $96,354 USD |
| 18 | University of Michigan | $92,413 USD |
| 19 | University of California-LA Campus | $92,426 USD |
| 20 | University of Virginia | $ 107,416 USD |
MBA in USA Eligibility Criteria
The eligibility criteria depends upon the university where the admission is sorted by the student but as far as we have researched there are some common points that all the universities adhere to, which are as below.
- The admission is based upon the GMAT or GRE scores cut off marks depending upon the college anyone of the entrance exam is acceptable.
- USA post graduation program requires a total of 16 years of education which literally means 10+2 with 4 years of bachelor’s degree program.
- Students coming outside of USA where English is not the native language then they must qualify the either IELTS or TOEFL English language proficiency test. These should be accompanied with the original certificates.
- Basically a GMAT score is sufficient for admission but a university may also demand an extensive work experience for about 3 years minimum certified by the employer.
We also suggest, being on safer side the students must check with the admission authorities of the college in USA.
Check out Top MBA colleges in India
https://careerstar.in/mba-colleges-in-india/
What is the cost of completing MBA in USA?
We can provide you with an estimation of tuition fees in USA and what it looks like. Although the MBA course fee may vary from college to college and the charges may range from $60,000 (USD) to $ 90,000 (USD). On a higher side, some universities charges a higher fee according to their ranking, they may go up to $120,000 (USD).
Documents required for MBA in USA
USA has some additional requirement for documents other than academic certificates which are elaborated below.
- Academic certificate copies should be submitted in English language in scanned version.
- Original Score cards like GMAT, GRE, TOEFL, IELTS etc. should be included in the documents.
- A USA university usually asks for Letter of recommendation which is provided by the academic institute and previous employers to support you as an eligible student.
- Statement of Purpose or Intent (SOP) is another requirement by these universities which reveals your intention of completing a management degree and why you selected that university.
- An updated copy of resume with complete work experience till date.
- The documents should also be accompanied by a cover letter stating your academic and professional achievements.
Check out details about GMAT examination
https://www.gmac.com/gmat-other-assessments/about-the-gmat-exam/gmat-online
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