Masters in Business Administration in USA
Planning to pursue your MBA in USA? Pave the way towards a brighter future as USA offers some of the top universities for studying MBA. Hosting some of the best business schools like Harvard Business School, Stanford University, and Columbia Business School, there are many MBA programs Indian students can opt for in subjects of finance, accounting, operations management, business analytics, supply chain management, among others.
Considering the size of the country, the number of MBA universities is endless but most students tend to study in big cities like New York, Los Angeles, San Francisco, or Houston. There are other more affordable business schools in USA at places like Cornell or New Haven that are equally good and help you get the job of your dreams.
Here is an Overview of Studying MBA in Germany-
- Why is the USA a good choice for an MBA?
- Top MBA Universities in USA
- Types of MBA available in USA
- Specialization of the USA Universities
- Eligibility for studying MBA
- Documents you need
- Cost of MBA for Indian Students
- MBA Scholarships
- Jobs offered after MBA
Keep reading to know more about MBA in USA.
Why is USA a good choice for an MBA?
The main reason is that USA houses over 50 top-rated business schools for MBA that are recognized internationally as per their FT rankings and QS rankings. The country offers many well-paying jobs after completion of your MBA program. GMAC, in a report, stated that 91% of recruiters prefer hiring USA studied MBA graduates for various positions in top companies. Not just this, many MBA universities also have a payback time of 4 years, which include Texas A&M University, and others. Every year, USA also sees an increase of 11% while others only see 8% in 16 months.
Best MBA Colleges in USA for Indian Students
To get quality education at some of the top MBA colleges in USA for Indian students and to get job opportunities at high-ranked companies in the world, here is a list of best colleges in USA for MBA that students from India can apply at -
|University of Pennsylvania (Wharton)||Philadelphia|
|University of Chicago (Booth)||Chicago|
|Massachusetts Institute of Technology (Sloan)||Cambridge|
|Northwestern University (Kellogg)||Evanston|
|University of California-Berkeley (Haas)||Berkeley|
|Columbia University||New York|
|Princeton University||Princeton |
|New York University (Stern)||New York |
|University of California-Los Angeles (Anderson)||Los Angeles |
|University of North Carolina-Chapel Hill (Kenan-Flagler)||Chapel Hill |
|Indiana University||Bloomington |
|University of Texas||Austin|
|Cornell University||Ithaca |
|Carnegie Mellon University||Pittsburgh |
|University of Michigan||Ann Arbor |
|University of California-LA Campus||Los Angeles|
|University of Virginia||Charlottesville|
Types of MBA available in USA
There are many options for students to pick which type of MBA program they want to opt for at different universities. There are many factors students need to consider while choosing USA MBA Universities as per their career goals, amount of time it takes, cost, and admission prerequisites.
Consider this table to which type, of course, is available at the top MBA colleges/universities in USA with work experience:
|Program Type||Duration (in years)||University/College it’s known for ||Years of Work Experience Required |
|Full-time MBA||1 to 2 ||Stanford, Harvard, UPenn, Chicago-Booth, MIT||3+ years|
|Part-time MBA||3 or more||MIT, Harvard, Stanford, Columbia University||0 to 3 years|
|Online MBA||2 ||Indiana University, University of North Carolina,University of Florida||0 to 3 years|
|Online MBA||2 ||Indiana University, University of North Carolina, University of Florida||0 to 3 years|
|Executive MBA||2||UPenn Wharton, MIT, Yale, Northwestern||8+|
|Early Career MBA||2 or more||Chicago-Booth, UPenn Wharton, UCLA||0|
|Global MBA||1 or 2||Harvard, New York University||8+|
|Certificate Program||1 or 2 semesters (varies as per business school)||MIT, Harvard||0|
MBA in USA without Work Experience for Indian Students
There aren’t many universities that offer MBA without work experience in USA. As per their system, students must have some entrepreneurial or managerial work experience for pursuing MBA in USA as it benefits them to build a flourishing career. Unfortunately, most top-ranking universities do not offer MBA without experience for Indian students and require experience of at least 4 to 5 years.
However, there are some universities in USA where you can study MBA without work experience. They, generally, consider a student's academic performance, statement of purpose, GMAT or GRE score, letter of recommendation, etc. Students can highlight their other skills like professional goals, management skills, and leadership qualities.
Universities in USA where you can apply for MBA without work experience -
- Harvard University
- Gannon University
- New Jersey Institute of Technology
- Long Island University
- NYU Stern School of Business
- Seton Hall University
Specialization of USA Universities in MBA course
This is the most important aspect of choosing a university in USA. Take a look at the top universities in USA for MBA and their area of specialization -
- Technology : MIT - Sloan, Stanford University, UC Berkeley- Haas
- Information Technology (IT) : Northwestern University, Stanford University, MIT- Sloan
- Marketing : Stanford University, UCLA- Anderson, Northwestern- Kellogg
- Consulting : Harvard University, Columbia University
- Finance : UPenn-Wharton, Columbia University, Harvard University
- Operations Management : Erasmus-RSM, MIT- Sloan
- Entrepreneurship : Stanford University
We are sure this will help you narrow down the universities you want to study at as per your career objectives.
Eligibility for MBA in USA for Indian students
For admission at a good university for MBA in the USA, you need -
- 16 years of completed education, which includes 12 years of schooling and 4 years of bachelor’s degree.
- Good GMAT score. Though, some universities may consider GRE equivalents.
- To submit proof of language proficiency. This may include the IELTS and TOEFL scores, which should be 6.5 and 100 respectively.
- Work experience of at least 3 years. This may be different at different universities as per the type of MBA program you choose.
Documents Needed for MBA Programs
Here is the list of documents universities need from international students -
- Scanned copy of all the transcripts from the school or college/university you studied, in the English language.
- The exam scores you need to get admission to a business school from the testing agency.
- Letters of recommendation, including two academic and one professional.
- An up-to-date CV with all your skills and work experience you have.
- A cover letter stating your achievements.
- Statement of Purpose with a brief explanation of why you want to study a particular program in that particular university.
Cost of MBA for Indian Students in USA
There are many aspects on which the cost of studying MBA in the USA depends upon. This includes your college fees, accommodation, meals, transportation, personal expenditures, health insurance, and more.
To study in USA, there are some expensive universities and affordable business schools.
Scholarships for MBA in USA
The USA provides Merit-Based and Need-Based scholarships to international students. This is quite an important aspect for MBA aspirants who want to study in USA. It helps them cover their college fees, expenses, and other expenditures. For Indian students, there are various MBA scholarships available for studying in USA to meet their career goals.
Jobs offered after MBA in USA
Depending upon the university you study from, you will get jobs after your MBA completion. As per BLS (Bureau of Labor Statistics), the demand for MBA graduates in various business and related jobs will rise to 23% by 2024. This is good news for students who are looking to study abroad in USA and work in top companies like Amazon, Apple. Bain & Company, JP Morgan, McKinsey, and Deloitte. They are always looking for MBA graduates.
We at Superb Study Abroad, provide full assistance to students who wish to pursue their lifelong dream of studying MBA in the USA. For more details, you may contact Superb Study Abroad and our experienced executives will assist you about the admission process, availability of scholarships, fee structures at different universities, documents required, visa process, etc.