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What are the 3 best countries to study MBA for Indian students?

Haripriya Sivasubramaniam
Haripriya Sivasubramaniam
Last updated: Jun 22, 20227 min read
What are the 3 best countries to study MBA for Indian students?

MBA (Master of Business Administration) is a popular professional degree to study abroad.

Studying an MBA in some of the best countries like Canada, the UK, and the USA will open opportunities for you to build and seek solid career options with lucrative pay.

So in this article, let us look at the best countries to study for an MBA abroad and the job prospects you'll have after graduating.

Contents

Why should you pursue an MBA abroad?

Some of the key factors for you to pursue an MBA degree are:

  • Adds great value to your CV: The skills you'll learn and gain in your MBA program will be excellent for your career profile. Since upskilling is crucial in landing a lucrative position, it may allow you to take a next-level job and even lead an organisation.
  • The right opportunity for you to build a network: Pursuing an MBA degree abroad will give you the space to meet and connect with diverse peers from around the globe. This gives you the exposure to build a community with people who will be the business leaders of tomorrow.
  • Upskill your management degree with a specialisation: Nowadays, companies look for someone well-versed with industrial knowledge and has the specialist knowledge to apply their skills for the firm's benefit. Upskilling your skill set by pursuing a degree in management will be an added feather to the cap.

3 best countries to study MBA for Indian students

DestinationsCoursesAverage annual tuition fee in USD
CanadaFinance, Operations, Marketing, Human Resources, General Management$352,353
UKArts Management, Hospital Administration, Finance and Accounting, Consulting, Marketing$48,000 - $80,000
USAAccounting, Business Analytics, Finance, Information Systems$170,000 - $220,000

Study MBA in Canada for Indian students

Canada is one of the most preferred study destinations globally for an MBA degree. You can land a high-paying job right after graduation in Canada since the country has a high-performing economy with a booming industrial sector.

Here are some of the top business schools in Canada.

Top business schools in Canada

Name of the business schoolAverage tuition fee in USD (annual)
Toronto (Rotman)$52,363
McGill (Desautels)$39,345
Queen’s (Smith)$105,462
Western (Ivey)$97,672
York (Schulich)$44,387

Here are the top MBA courses offered.

 Best MBA courses offered in Canada for Indian students

Course and specialisationsAverage tuition fee in USD (annual)
Finance$22,500
Operations$23,726
Marketing$17,399
Human Resources$34,043
General Management$26,889

General cost of studying MBA in Canada

Canada is one of the most sought-after countries to study MBA abroad. So, it comes with a cost! In INR (Indian Rupees), it may range from 27 lakhs to 60 lakhs.

Stay back period for MBA graduates in Canada

After completing your 2-year MBA degree, you can stay up to 3 years in Canada using your PSW Visa (Post-Study Work Visa)

Study MBA in the UK for Indian students

The UK has always been a top business school destination for Indian students. While London has diverse finance and banking firms, the other parts of the UK offer various lucrative job prospects in the service sector.

Thus, the UK's business schools hold an international reputation for providing high-quality education and skill development.

Here is a list of top business schools in the UK for an MBA degree and the courses offered.

Top business schools in the UK

Name of the business schoolAverage tuition fee in USD (annual)
London Business School$131,000
University of Oxford$83,855
ESCP Business School$21,800
University of Cambridge: Judge$60,344
Imperial College Business School$71,910

Best MBA courses offered in the UK for Indian students

Course and specialisationsAverage tuition fee in USD (annual)
Arts Management$21,719
Hospital Administration$21,425
Finance and Accounting$23,309
Consulting$38,691
Marketing$31,456

General cost of studying MBA in the UK

The cost of pursuing an MBA degree from any top university in the UK will range between 40-65 lakhs (INR).

Stay back period for MBA graduates in the UK

You can stay back in the UK for another 2 years using your work permit visa after graduating with an MBA degree.

Study MBA in the USA for Indian students

The USA is a pioneer in offering business studies for international students. Most of the business schools in the country make it to the top-ranking institutes globally, making it the best country to study an MBA abroad. The administration colleges in the USA focus on student engagement and building their peer network.

Here are some of the top business schools in the USA to pursue your business and management courses.

Top business schools in the USA

Name of the business schoolAverage tuition fee in USD (annual)
Stanford Graduate School of Business$55,200
University of Pennsylvania (Wharton)$47,668
Massachusetts Institute of Technology (Sloan)$40,732
Harvard Business School$73,440
Columbia Business School$77,376

Best MBA courses offered in the USA for Indian students 

Course and specialisationsAverage tuition fee in USD (annual)
Accounting$54,000
Finance$50,000
Information systems$49,500
Business analytics$54,500

General cost of studying MBA in the USA

Pursuing an MBA in the USA can be a costly affair. The cost of studying an MBA may range from 60 lakhs to 1 crore. But with a wide range of post-study work opportunities in the country, it is worth investing.

Stay back period for MBA graduates in the USA

MBA graduates can stay back in the USA for an extra 60 days (2 months) after they graduate. Check out the post-study work permit details in the USA before you apply.

Here's a list of other top universities where you can pursue your MBA.

Job prospects after pursuing an MBA degree abroad

After completing your MBA abroad, you must start your preparations as early as possible. Here are a few tips that might help you prepare yourself and land a golden job opportunity.

  • Networking and building a strong community with your peers.
  • Doing an internship while studying an MBA abroad will be another enhancing factor to your career profile.
  • Exploring and seeking vacancies on job websites will help you land your perfect job role.

Here are some of the highest-paid jobs for an MBA graduate overseas.

Information Technology

Job titleAverage annual salary USD
Information Technology Manager$86,140
IT Services Manager$93,780
IT Business Analyst$70,644

Marketing

Job titleAverage annual salary USD
Marketing Manager$96,194
Business Intelligence Manager$90,381
Client Success Specialist$70,578

Finance

Job titleAverage annual salary USD
Finance Analyst$70,667
Finance Consulting Manager$70,000
Finance Management Associate$62,673

Economics

Job titleAverage annual salary USD
Economic Development Analyst$60,819
Research Economist$84,562
Economic Analyst$74,648

Business Analytics

Job titleAverage annual salary USD
Business Systems Analyst$85,701
Business Strategist Analyst$94,559
Business Applications Analyst$72,460

FAQs: Best country to study MBA for Indian students

Which country is the best for MBA studies?

The top three countries to study MBA abroad are the USA, UK, and Canada.

What is the average tuition fee for MBA education abroad?

The average tuition fee for abroad MBA studies may range from INR 20 lakhs to 50 lakhs (USD $25,787- $64,467).

Which country is the best for MBA in supply chain management abroad?

The United States of America (USA) is the best country to study an MBA abroad in supply chain management.

It is now time to kickstart your higher study plans abroad! Connect with Edvoy, chat with our counsellors and land a place in your dream business school overseas! 

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Written By
Haripriya Sivasubramaniam

A writer by profession and an artist by passion. Out here to give interesting and informative articles on the education sphere!

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