After such advancements in education all around the world, the United States of America (USA) remains the most preferred destination for higher education by international students from all around the globe to pursue an MBA. Indian students hold around 28% of the international student population in the USA. The popularity of an American degree is mindblowing. Yearly, around 1,25,000 students graduate with an MBA from the States. It is a dream of many students to get enrolled in American universities for an MBA, which has created a lot of competition amongst the students. In this article, we will try to uncover all aspects of pursuing an MBA in the USA.   

Why Choose the USA for an MBA?

The United States is the mother country of many top business schools in the world. Fully flourished with the best curriculum, excellent programs, and the most promising post-study work options and extracurricular opportunities. 

Course Highlights 

Colleges in the US600+ colleges
Top MBA SpecializationMBA in Marketing, MBA in General Management,  MBA in Finance, MBA in Human Resource Management 
Admission RequirementsAverage GPA- 3.4Work ExperienceEligibility test scores
Average Tuition Fees60,000 – 80,000 USD
Average Annual Salary80,000 – 120,000 USD

Top Specializations in MBA

Consulting: It will help you develop knowledge about business operations and the management of crowds. 
Business Analytics: It is a combination of data and management, which will help to analyze the business in depth.
Entrepreneurship: It will help the students understand the depth of establishing themselves as an entrepreneur. 
Operations Management: It will focus on planning, handling, and managing production and giving a productive result to the managing asset. 
General Management: It will focus on building a wide skill set to cover a variety of opportunities in the future. Your subjects will be general and cover all the aspects of different specializations in brief.

Top Universities in the USA

UniversityQS Global MBA Ranking 2024
Stanford University 01
University of Pennsylvania(Wharton) 02
Harvard University 03
MIT (Sloan)04
Columbia Business School05
UC Berkely 07
Chicago (Booth) University 08
UCLA University 09
Yale University 10

Eligibility criteria for MBA in the USA

If you want to Study in USA and pursue an MBA degree in the States, you need to fulfill a few eligibility requirements. These requirements are as follows:

Top 3 Univerity Eligibility Criteria

  1. Stanford University – It is the top-ranking business university in the States. The overall MBA fee will be, on average, $75,000. For the international crowd, the university holds a 6% chance of getting selected. To get admission here, you must have:
  1. The Wharton Business School – Established in 1881. It is the second-ranked university for MBA in the USA. With a total course fee of $81,000. You must have these general selection eligibilities. 
  1.  Harvard University – Established in 1925. It is the third top MBA university and one of the most popular business schools. With a total of $74,000 in course fees. You must have these general selection eligibilities.  

Required Documentation for MBA in the USA

To get admission in the States you need to complete a variety of documentation. The requirement of documentation may vary from university to university. Here is the list of the most essential general documents for an MBA program admission. 

Top University MBA Fees 2024

Annual fees for every university are different and the living cost also plays an important role in the overall expenses. Depending upon the student living costs can range from an average of $10,000 – $20,000 annually. Here is the list of 2024 annual fees of the top 5 universities to pursue an MBA in the USA. 

University Average Annual Fees in USD($)
Stanford University70,000
Harvard University75,000
University of Pennsylvania (Wharton)85,000
MIT (Sloan)80,000
Columbia University80,000

Application Deadline

If you want to apply to the top Universities of the USA you need to apply before the deadlines for the admission process ends. 

University Application Deadline
Stanford UniversityApril 9, 2024
Harvard UniversityJanuary 3, 2024
University of Pennsylvania (Wharton)January 4, 2024
MIT (Sloan)April 8, 2024
Columbia UniversityApril 3, 2024

Student Visa Requirements

Scholarships for International Students 

Here is a list of a few scholarships that can be availed by international students who want to be admitted to MBA courses in the States.

For students achieving the highest grades in the second and third semesters. 

Scholarship Amount $10,000

For Student who achieves the highest grades in their second year in Quantitative Finance.

Scholarship Amount: $25,000

One-time loan for Indian students in any major 

Scholarship Amount: $10,000

For female students who have the highest merit grades in the MBA program.

Scholarship Amount: $10,000

For students with outstanding academics and overall performance and quality. 

Scholarship Amount: $10,000 

Salary After MBA 

The demand for MBA graduates has always been high in the world. With a 23% rise in demand for MBA graduates.  After an MBA the students can opt for their favorite work-related training and jobs like the following.

Consulting: A starting average salary of $1,00,000 annually can easily be offered.

Finance: A starting average salary of $98,000 annually can easily be offered. The student can be a Financial Consultant, Finance Manager, Financial Analyst, or Finance Director.

Technology: A starting average salary of $1,10,000 annually can easily be offered. Students can opt to be Chief Information Officer (CIO), product manager, or data analyst.

Marketing: A starting average salary of $60,000 – $1,00,000 annually can easily be offered. Students can opt to become Marketing Specialist, Marketing Manager, Marketing Director, and Senior Product Manager.

Frequently Asked Questions (FAQs)

What exams are required to study in the USA?

The exams required to study in the United States depend on the level of education and program of study. Some common exams include the SAT, ACT, GRE, GMAT, and TOEFL/IELTS for international students. Graduate programs may also require specific subject tests.

How long is an MBA program?

An MBA program is generally 2 years long if completed in continuance. You get to study general subjects and subjects that you have chosen as your specialization as per the university curriculum.

Can I get a work permit after studying in the USA?

Yes, international students studying in the USA on an F-1 visa can apply for Optional Practical Training (OPT) after completing their degree. OPT provides an opportunity to gain practical work experience related to the field of study. 

What are the highest-paying MBA courses?

Some of the highest-paying MBA courses include Computer and IT, General Management, Financial Management, Marketing, and Human Resources Management.  

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