Last Updated on August 28, 2024
An MBA is a fantastic option for international students considering studying abroad in the United States. The United States has some of the best MBA programs anywhere because of its world-class colleges and top-notch educational system. Renowned universities that are renowned for their top-notch academic offerings offer MBA programs. There are plenty of programs and specialisations available to students in the US. NYU, Stanford, MIT, and the University of Columbia are among the top MBA programs in the US. The majority of US universities offer two-year MBA programs. MBA students in the USA enjoy top-notch academic programs and extra assistance landing jobs at famous companies.
According to Payscale.com, the average yearly compensation for recent MBA graduates in the US is USD 94,000, or roughly INR 78 L. The well-known companies that hire new MBA graduates include Amazon, Cigna Corporation, Johnson & Johnson, Accenture, the Walt Disney Company, The Boeing Company, Lockheed Martin Corp, UnitedHealth Group, Cargill, American Express (AMEX), etc.
MBA in USA For Indian Students: Highlights Â
One of the benefits of studying for an MBA in the United States is the availability of over 600 universities that provide a variety of MBA programs. The most popular MBA specialties in the United States are HR, Sales & Marketing, Finance, and Business Analytics. Most US colleges that offer MBA programs are in states like Florida, Ohio, Pennsylvania, Massachusetts, New York, Texas, and California.
The highlights of the USA MBA are listed below:
| Factor | Details |
| Total No. of MBA Colleges in the USA | 600+ |
| MBA in USA Fees | First Year Fees: INR 20 L – INR 40 L or above |
| Top MBA Specializations in the USA | Finance, Business Analytics, Business Economics, Healthcare & Hospital, Sales & Marketing |
| Entry Requirements | A bachelor’s degree, GMAT/GRE, IELTS, TOEFL |
Top MBA in USA specialisations
| MBA in USA specialisations | Finance, Business Analytics, Business Economics, Healthcare & Hospital, Sales & Marketing, Entry requirements |
Fees: MBA in USA For Indian Students
This table provides insight into the tuition fees for MBA courses in the USA and the approximate cost of living for several top universities. MIT and Harvard University exhibit higher tuition fees, with MIT having tuition fees of around INR 70.42 L and INR 63 L for Harvard University. The cost of living for MBA courses in the US also varies depending on the individual’s spending power.
Check the MBA cost in the USA for Indian students from the table given below:
| University | Cost of Attendance (One Year) |
| Harvard University | INR 62.65 L |
| Stanford University | INR 66.79 L |
| Massachusetts Institute of Technology (MIT) | INR 70.42 L |
| University of Pennsylvania | INR 70.95 L |
| University of California, Berkeley | INR 25.77 L – 68.49 L |
| Northwestern University | INR 61.72 L – 93.96 L |
| New York University | INR 40.03 L – 90.47 L |
| The University of Chicago | INR 41.6 L – 70.42 L |
| Columbia University | INR 70.67 L |
| Yale University | INR 39.23 L – 69.17 L |
Top 10 MBA Colleges in the US For Indian Students
The QS World University Ranking for 2024 discusses the top institutions’ MBA courses worldwide. Some of the top-ranking MBA colleges in the USA are Stanford, Harvard, MIT, University of Columbia, etc. Below are the top Ranked MBA colleges in the US for international students:
| Ranking | QS Global MBA Rankings 2024 | US News & World Report Rankings 2024 |
| #1 | Stanford Graduate School of Business | Stanford University |
| #2 | University of Pennsylvania | University of Pennsylvania (Wharton) |
| #3 | Harvard Business School | Northwestern (Kellogg) |
| #4 | MIT (Sloan) | University of Chicago |
| #5 | Columbia Business School | MIT |
| #6 | Northwestern (Kellogg) | Harvard University |
| #7 | UC Berkeley (Haas) | NYU |
| #8 | Chicago (Booth) | University of California, Berkeley (Haas) |
| #9 | UCLA | Yale University |
| #10 | Yale School of Management | Dartmouth College (Tuck) |
MBA Specializations in the USA
The MBA program in the United States offers many specialisations, including finance, marketing, accounting, entrepreneurship, international business, and more. The best MBA specialisations in the US are listed here for Indian students wishing to study there.
| MBA Specializations in the USA | Finance, Business Analytics, Business Economics, Healthcare & Hospital, Sales & Marketing Human Resources, Operations, Public Policy SportsSupply Chain, Entrepreneurship International Business, IT & Systems Project Management |
Top Affordable and Cheap MBA Colleges in the USA
| University Name | Annual Tuition Fees (USD) | Annual Tuition Fee Equivalent for Indian Students (INR) |
| Bridgewater State University, Bridgewater | 6,976 | 5.75 lakhs |
| Jackson State University, Jackson | 7,534 | 6.21 lakhs |
| New Mexico Highlands University, Las Vegas | 7,971 | 6.57 lakhs |
| Delta State University, Cleveland | 8,347 | 6.88 lakhs |
| Louisiana Tech University, Ruston | 8,832 | 7.28 lakhs |
| University of Central Arkansas, Conway | 9,781 | 8.07 lakhs |
| California State University – Channel Islands, Camarillo | 9,781 | 8.07 lakhs |
| Southeastern Louisiana University, Hammond | 10,179 | 8.39 lakhs |
| California State University, Fullerton | 10,433 | 8.59 lakhs |
| Arkansas State University, Jonesboro | 11,271 | 9.29 lakhs |
| California Miramar University, San Diego | 11,284 | 9.30 lakhs |
| Saint Mary’s University of Minnesota, Winona | 11,817 | 9.74 lakhs |
| Tiffin University, Tiffin | 12,145 | 10.01 lakhs |
| Seattle Pacific University, Seattle | 13,856 | 11.42 lakhs |
| California State University, Bakersfield | 14,086 | 11.61 lakhs |
Student Visa Costs for the US
All overseas students need a USA visa to attend a university in the USA. There are two types of student visas: J1 and F1. The J-1 visa, called the J-student visa, is explicitly intended for international students participating in exchange programs in the United States. Students can participate in academic or cultural exchange programs with this type of visa. A sponsor is required for international students applying for J-1 visas.
The F1 Visa is intended for students pursuing full-time academic studies. Form I20, Certificate of Eligibility for Non-Immigrant Student Status, would be required. $185 is the student fee for an F1 visa. Go here for additional information about the USA student visa.
MBA in USA Requirements
The requirements for an MBA in the United States may vary by university. However, the general entry requirements are as follows:
- A bachelor’s degree
- GMAT / GRE scoreÂ
- Statement of Purpose
- At least 2-3 years of work experience
- Proof of English language proficiency test scores of IELTS or TOEFL
- Letters of recommendation (as applicable)
- CV / Resume
Top Universities for One Year MBA in USA
| University | Tuition Fees (USD) | Program | Application Deadline |
| Cornell University | Summer: $42,068Fall/Spring: $76,690 | Tech MBA | Round 2: Jan 10, 2024Round 3: Apr 10, 2024 |
| University of Florida | $62,807.52 | Weekend Professional MBA | Round 2: Jan 5, 2024Round 3: Mar 1, 2024Round 4: Apr 15, 2024 |
| University of Southern California | $132,351 | IBEAR MBA (International) | Round 1: Oct 15, 2023Round 2: Jan 5, 2024Round 3: Mar 1, 2024Round 4: Apr 15, 2024Round 5: Rolling |
| University of Pittsburgh | $79,500 | Accelerated MBA | Apr 1, 2024 |
| Northwestern University | $108,016 | One-Year MBA | Round 2: Jan 10, 2024Round 3: Apr 3, 2024 |
| University of Notre Dame | $85,400 | One-Year MBA | Jan 10, 2024 |
| Emory University | $108,653 | Goizueta One-Year MBA | Round 2: Jan 8, 2024Round 3: Mar 6, 2024 |
| Babson College | $89,550 | One-Year MBA | Mar 14, 2023Apr 20, 2023 |
| Tennessee State University | $13,281 | MBA Accelerated | Fall: Apr 1, 2024Spring: Sep 1, 2024Summer: Feb 1, 2024 |
| Bryant University | $45,600 (1,140 per credit for 40 credits) | One-Year MBA | – |
| Hult International Business School | Boston/SF: $85,000London: $64,000Dubai: 295,000 AED | Global One-Year MBA | Round 5: Jun 30, 2024 |
| Florida International University | $47,000 | Full-time International MBA | Jun 1, 2024 |
Jobs & Salaries: MBA in USA For Indian Studetns
Payscale.com estimates that an MBA graduate in the United States typically makes approximately USD 94,000 annually. This information relates to US degrees in general management. The graduates can pursue careers as project managers, finance managers, senior financial analysts, marketing directors, etc. The following lists salaries according to job profiles:
| Job Title | Average Salary (USD) |
| Project Manager | USD 79,490 |
| Senior Financial Analyst | USD 81,507 |
| Marketing Director | USD 101,947 |
| Operations Manager | USD 83,859 |
| Finance Manager | USD 104,980 |
| Director of Operations | USD 99,498 |
MBA Scholarships for the USAÂ
MBA Scholarships for the USA are based on students’ merit basis and financial needs; this is mainly done to make education affordable for everyone. Indian students are eligible for various scholarships in the USA for graduate levels. Students applying to the university are also eligible for external scholarships from multiple private entities. Here are some scholarships offered by the top MBA universities in the USA that are available for international students:
- McKinsey Award by MIT SloanÂ
- HBS Forward Fellowship by Harvard University
- Columbia Business School China & India FellowshipsÂ
- Horace W. Goldsmith Fellowship by Harvard Business School
Work Permit after Studying for an MBA in the US
A post-study work visa is required for students who wish to remain in the United States after completing their MBA program. With an F1 Visa, international students can work for up to a year in a temporary position directly related to their major field of study. After completing their education, F1 visa holders can apply for Optional Practical Training (OTP).
Wrapping Up!!
Numerous MBA specialisations, such as finance and business analytics, are available in the US. Students can select from prestigious universities, including NYU, Stanford, MIT, and the University of Columbia, as over 600 universities offer MBA programs. US MBA graduates make an average of USD 94,000 annually, with the highest-paying specialisations being finance, business analytics, and healthcare & hospitals. Indian students can take advantage of highly regarded universities and assistance in landing jobs in illustrious businesses. The price of enrolling in an MBA program in the United States varies according to the type of university and the individual’s purchasing ability. Scholarships for MBA programs are offered based on financial need and merit.
FAQs
Is an MBA in USA good for Indian students?
Yes, pursuing an MBA in the United States provides Indian students with excellent career prospects, global exposure, and networking opportunities. It improves skills and can significantly accelerate career advancement in various fields.
How much does an MBA cost for Indian students in the USA?
An MBA in the United States typically costs between $60,000 and $120,000 for the entire program, depending on the university. This covers tuition, fees, and living expenses.
Who is eligible for an MBA in USA?
Eligibility typically requires a bachelor’s degree, a solid academic record, standardised test scores (GMAT/GRE), work experience, and English proficiency.
Is an MBA in USA demanding?
An MBA in the United States can be difficult due to demanding coursework, lengthy assignments, and high expectations. However, it is doable with proper planning, dedication, and time management.
Kanishka Garg specializes in crafting informative content on study abroad education. Her passion lies in simplifying the journey for students through SEO-optimized articles and blogs. Kanishka’s commitment to clear communication and her deep understanding of international admissions processes make her blogs essential for students aiming to gain insights into top universities worldwide. With Kanishka’s blogs, students can confidently get solutions to the complexities of applying to their dream universities and achieve their academic aspirations abroad.
