MBA in the USA for Indian Students: Benefits, Requirements, Fees
July 29, 2022 2022-07-29 10:55MBA in the USA for Indian Students: Benefits, Requirements, Fees
Table of Content:
- The benefits of pursuing an MBA in the USA
- Eligibility Criteria for MBA in the USA for Indian students
- Top Universities and tuition fees for MBA in the USA:
- Conclusion
The Master of Business Administration (MBA) is an internationally recognized graduate-level degree that develops the skills required for careers in business and management. The value of the MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public, government, and nonprofit sectors.
Pursuing MBA in the USA is a dream for many Indian Students. But only a handful from the whole lot takes a step forward to streamline their path of dreams.
The benefits of pursuing an MBA in the USA
The United States is the largest MBA market in the world and is well-known to have some of the most prestigious business schools in the world. Studying MBA at a US university can be a pretty fantastic experience if you do it right. The value of an MBA is all about building leadership skills, networking, and understanding how the system works.
Five major benefits of studying MBA in the USA for Indian students
1. Quality education
The USA is the standard by which all business schools globally are measured, and the programs in the USA are of a higher quality than in any other country. Top-notch professors with excellent working experience elevate the programs and enrich the learning experience and class discussions.
2. Career Opportunities
So, what next after MBA? Having a degree from a reputed university places you on a high pedestal. It advances your chances of being enlisted by the world’s best companies, provided your skill matches the need they are looking for. Remember, the sky’s the limit. Always aim higher in all you do.
3. Networking opportunities
MBA is all about networking. It is concerned with how many people you interact with. In the USA, you will get time to attend a variety of events at the university. You will also get the opportunity to participate in professional organization meetings. And this will enhance your management skills.
4. Lucrative Salary
Whether you want to come back to India or continue to cherish a career in the United States, the chances are high that you will be offered high pay for your skills. You can expect to earn twice as much as what you would get from a regular university degree. Settle for a life you have dreamt of!
5. International Exposure
For over two decades, what you have seen in the news or read in the media — fly away, go out, and experience yourself. Immerse yourself in the vivid culture of the USA and get exposure — something that you would never get unless you are there to observe everything that is happening around you.
Next, you might wonder how to join MBA in the USA? How to apply for the course you desire? What are the eligibility criteria?
Eligibility Criteria for MBA in the USA for Indian students
1. Degree
An undergraduate degree from a university/college is necessary to apply for an MBA in the USA. The degree you did does not only have to be related to marketing or the business field. You could have studied anything (say science or engineering) and still do an MBA.
2. GMAT Exam
You have to take a G-M-A-T (Graduate Management Admission Test) exam. The GMAT score can be directly sent to the business school, which will evaluate your performance based on your scores. Make sure to devote ample time to preparing to approach the examination.
3. TOEFL Exam
This is an examination to assess your English Proficiency. And an assessment that is widely accepted in many American Universities. It tests your ability to communicate in English in specifically academic, university, and classroom-based settings.
4. SOP’s
Why you want to study what you want to study is an important question to ponder upon. Ensure your Statement of Purpose, Essays, and Recommendation Letter spell out your goals. Because when you cannot, your words will speak for you. Keep it original and from your heart.
5. Work Experience
Not everyone from India decides to do an MBA after completing a UG course directly. Many chose to work for a year or two or even more and then set out to study for an MBA. If you fall in these categories, a minimum of 2 to 4 years of experience is often sought. And it totally depends upon each business school to obtain the Admission Criteria for MBA in the USA.
There are a lot of factors beyond the admission criteria for an MBA in the USA for Indian students that need to be taken into consideration before applying to a university and zeroing on the location. From academics and accommodation to a lot more. Finding the perfect place to upskill your academic excellence is not going to be complicated, as we have compiled a list of universities that will make you feel at home.
Top Universities and tuition fees for MBA in the USA:
Name of the university | Average Tuition Fee |
The University of Chicago Booth School of Business | $155,682 total for two years. |
MIT Sloan School of Management | $80,400 per year |
Haas School of Business | $71,817 per year |
Kellogg School of Management | $226,638 total for two years |
University of Toledo | USD 22.91 K per year |
Harvard Business School | $73,440 per year |
Columbia Business School | $228,480 total for two years |
Stanford Graduate School of Business | $76,950 per year |
UCLA Anderson School of Management | $52,272 per year |
Northern Kentucky University | USD 16.63 K per year |
Wharton School of the University of Pennsylvania | $84,874 per year |
Yale School of Management | $79,000 per year |
Conclusion
The benefits of choosing an MBA in USA for Indian Students lead to career growth, personal growth, and overall development of your life.
Studying abroad teaches not just academics but a lot of skills like how to be resilient, look at things from a different perspective, and live life on our own, standing on our feet.