INTERNATIONAL STUDENT GUIDE TO MBA IN USA
The USA is the dream study destination for international students aiming to pursue higher education abroad because of its top-ranking universities, cosmopolitan urban areas, a plethora of attractive job opportunities and much more…
The USA offers various Master Courses but there is one that is highly sought after, Master of Business Administration. Professionals who wish to go further in their careers consider getting an MBA in USA. Our MBA in USA guide will give prospective B-Students a much-needed compass for the next chapter in their business career. So let’s get started!
Why Pursue an MBA in USA?
America is renowned for its MBA program and has for years given students a competitive edge in the business world through exceptional educations, multiple specialised programs and unmatched networking resources and opportunities.
There are several reasons for getting in an MBA from the USA one of the most common ones is that the USA is home to the world’s best business schools and an MBA from any of those B-Schools will open an array of opportunities as an MBA degree from the USA have a strong brand value, which will give you an edge over other MBA graduates.
Another reason is the abundance of job prospects for an MBA in USA is another huge lure for international students. There are several opportunities for rewarding careers in various sectors and gives you a holistic learning experience that enables you to develop both technical and soft skills.
Top B-Schools in the USA
The USA is a hub of some of the best business schools that can be the best study abroad option for aspiring students:
| University | QS World University Rankings – MBA | Region |
| Stanford Graduate School of Business | 1 | Stanford |
| Harvard Business School | 2 | Boston |
| University of Pennsylvania (Wharton) | 3 | Philadelphia |
| MIT | 6 | Cambridge |
| Columbia Business School | 8 | New York |
| UC Berkeley (Haas) | 11 | Berkeley |
| Chicago (Booth) | 13 | Chicago |
| Northwestern (Kellogg) | 14 | Evanston |
| UCLA (Anderson) | 15 | Los Angeles |
| Yale School of Management | 18 | New Haven |
Type of MBA in USA
Other than a full-time MBA, there are other MBA degrees as well. Some of the different types of MBA programs are mentioned below.
- Full-time MBA
- Part-time MBA
- Executive MBA
- Online MBA
Duration of MBA in USA
Generally, international students opt for a full-time MBA and the standard duration of the program is two years. However, there are certain exceptions, there are some MBA programs that are anywhere between 12 to 18 months.
Application Process for MBA in USA
Now that you have chosen your MBA specialisation and university it’s time to look at the university admission process and what you need to be eligible to get into it.
There are many things that you need to assess such as professional experience, academic, extracurricular activities, awards/honours, strengths, etc. All these things make your profile attractive and help you stand out among the crowd so make sure to spend a lot of time and think it all through before applying.
Eligibility Criteria
International students, who want to apply for MBA in USA universities need to fulfil the following eligibility criteria:
- A good GPA in your previous degree
- Must have completed 16 years of education (10+2+4)
- Relevant Work Experience (as demanded by the university)
International Standardised Tests
International students who are non-native speakers of English need to prove their proficiency in English
(each university has its own requirements so you should check the admission requirements before applying)
Documents Requirement
International students must provide supplementary documentation. Some of them are listed below:
- Academic Transcripts
- Letter of Recommendation
- Updated CV/Resume
- Statement of Purpose
- MBA Essays
- Work Experience
- Standardised Test Score
- Passport size photographs
MBA in USA Application Deadlines
An admission year in the USA generally includes two intakes:
- Fall
- Spring
Fall Intake 2023 MBA Application Deadline
| US Business School | Round | Deadline |
| Harvard Business School |
|
|
| Stanford University |
|
|
| Kellogg School of Management |
|
|
| The Wharton School |
|
|
| Sloan School of Management (MIT) |
|
|
| Booth School, University of Chicago |
|
|
| Haas, UC Berkeley |
|
|
Cost of Studying MBA in USA
Students applying for an MBA in USA should have complete knowledge about the tuition fees of the university they are applying to. The average tuition fee ranges from US$19,000 to US$77,000 per year. This is excluding living costs.
Scholarship for MBA in the US
The majority of US universities offer scholarships to international students to help them live their dream of getting a world-class education. Universities offer partially or fully paid scholarships based on the overall academic scores of the students. Aside from universities, there are governmental and institutional-funded scholarships, so check these as well when you are applying for an MBA.
| Scholarship for MBA in USA | Value |
| Harvard University | Fully-Funded |
| The Forward Focus MBA Scholarship | 100% tuition fees waiver |
| The Wallman Fellowship | Cash prices |
| OFID Scholarship Award | Award worth up to $50,000 |
Career Prospect Post MBA in the US
Well, one of the biggest reasons for opting for an MBA in the States is because of how it will all pay off in the end. Right after you successfully complete your MBA, you will step into a market that has humongous opportunities from small companies to multinational organisations to set up your own business. To give you an idea about the career prospects we will list down some of the most in-demand career titles after the completion of an MBA in USA:
| Job Title | Salary |
| Financial Advisor | US$89,330 |
| Management Analyst | US$80,681 |
| Finance Manager | US$90,251 |
| Information Technology Manager | US$87,434 |
| Marketing Manager | US$78,898 |
| HR Manager | US$87,904 |
| Business Consultant | US$87,214 |
MBA Specialisations
An MBA allows you to specialise in a particular subject, such as finance, marketing, general management, etc. Some of the specialisations are mentioned below.
MBA in General Management
As the name suggests, an MBA in General management is all about the internal and external functioning of organisations, business administration, finance, marketing operations and other important business topics. This is what makes it different from all other MBA specialisations which offer specialisations in one specific field.
Top Universities for MBA in General Management
- Texas A & M University
- Northeastern University
- Harvard Business School
MBA in Finance
In the MBA Finance degree, students learn about the finance world, economic and market trends, etc. Students can work as Investment Bankers, Financial Analysts, Account Managers, Research Analysts and much more.
Top Universities for MBA in Finance
- University of California Berkeley (Haas)
- The University of Michigan – Ann Arbour (Ross)
- Arizona State University (W.P.Carey)
- Boston College (Carroll)
MBA in Marketing
MBA in Marketing has gained significant popularity among aspirant students because of the vast career opportunities it offers. The course’s main objective is to teach students more about consumer behaviour and prepare them to handle marketing on national and international levels.
Top Universities for MBA in Marketing
- Boston University (BU) Questrom School of Business
- Samuel Curtis Johnson Graduate School of Management
- Rutgers Business School
- City University of New York (CUNY)
MBA in Entrepreneurship
An MBA in Entrepreneurship focuses on students who want to go on their own and start a business venture. While doing an MBA provides you with core management skills, specialisation in entrepreneurship teaches you how to drive innovation. The degree includes courses such as venture capital and asset management among other MBA courses.
Top Universities for MBA in Entrepreneurship
- New York University
- Pace University
- Indiana University
- University of Utah
MBA in Human Resources Management
An MBA in HRM teaches students how to manage employees, the hiring process, training and managing the workforce of an organisation.
Top Universities for MBA
- Pace University
- Adelphi University
- Eastern Michigan University
MBA in Technology Management
This is a powerful MBA course that teaches students how to advance their knowledge of multiple technologies and focus on innovation as a means of leadership. The specialisation includes courses such as information technology, project management, leadership, etc.
Top Universities in USA for MBA in Technology Management
- Illinois Institute of Technology
- Carnegie Mellon University
- University of Minnesota
- The University of Texas at Austin
MBA in Operations Management
Students learn to plan, organise and supervise the design, development and delivery of products and services in MBA in Operations Management.
Top Universities for MBA in Management
- University of Florida
- Kellogg School of Management
- University of Pennsylvania (Wharton School)
- Boston University
MBA in Management Information Systems
An MBA in Management Information Systems combines the skills of information technology with the skills of business administration. The course curriculum comprises business subjects, management theories and information technology.
Top Universities in USA for MBA in Management Information Systems
- University of California, Irvine
- University of Buffalo
- Duke University
- Fordham University
If you are an MBA aspirant aiming to pursue your studies in the USA, contact Edivise Hub. Our Consultant will give you complete details and assist with the whole application to the visa process.
