The number of Indian students pursuing higher education in their desired study destination is increasing steadily every year. Study destinations like the US, the UK, Canada, and Australia offer excellent curricular programs with the finest resources and job opportunities.
A master's in business administration is one of the most popular graduate programs Indian students plan to pursue in their desired study destination. An MBA from a university abroad adds value to your profile and paves the way for various career possibilities.
Table of Contents
- Highlights of the best countries to study MBA for Indian students
- Why study an MBA abroad?
- Eligibility criteria for studying MBA abroad
- Which country is best for an MBA for Indian students?
- The United States
- The United Kingdom
- Canada
- Australia
- A rundown on the cost of studying an MBA for Indian students
- Job prospects after pursuing an MBA degree abroad
- Frequently asked questions
- Which country is the best for MBA studies?
- What is the average tuition fee for MBA education abroad?
- Which country is the best for an MBA in supply chain management abroad?
- Which is the best country for an MBA for Indian students?
- Which country is best for an MBA in finance for Indian students?
- Which country has more job opportunities for MBA?
- Which country is the best and cheapest for MBA for Indian students?
- Should I prefer an MBA from India or abroad?
- Which are the top MBA specialisations abroad?
- What are the admission requirements for an MBA abroad?
- Which are the best MBA colleges abroad?
- Which is the cheapest country to study MBA abroad for Indian students?
- Embark on your dream academic adventure today!
Here, we guide you through studying MBA abroad, including its significance, eligibility criteria, student document requirements, and the best countries to pursue the degree.
Highlights of the best countries to study MBA for Indian students
| Course-type | Full-time, part-time |
| Course duration | 1-2 years |
| Course entry requirement | An international student with an undergraduate degree in business administration or a related specialisation with a GPA over 3.0. |
| English proficiency |
|
| Entrance exam |
|
| Fees range | USD $50,000 - $90,000 |
| Visa |
|
Data updated as of January 2024
Also read: How to study abroad: Choosing the right country, university, and course for you
Why study an MBA abroad?
Pursuing an MBA abroad comes with many perks. Some of the key factors for you to pursue an MBA degree in your desired study destination are as follows:
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.
Also read: Guide to choosing the right courses to study abroad
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.
Also read: Best study abroad destinations for international students
Upskill your management degree with a specialisation
Nowadays, companies look for someone well-versed in industrial knowledge and with the specialist expertise 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.
Subjects in an MBA program
| Human resource management | Enterprise simulation game |
| Business analytics | Sustainable business leadership |
| Finance | Management in postmodern markets |
| Entrepreneurial dynamics | Commercial law |
| Project economics | Employment law |
| Business intelligence | Strategic project management |
| The science of decision-making | Marketing in a global environment |
| Research methods | Doing business on the cloud |
| Contemporary issues in global finances | Macroeconomics in a global context |
| Strategic management of human capital | Corporate governance, business ethics and CSR |
Eligibility criteria for studying MBA abroad
Educational institutions abroad have set pre-determined eligibility criteria for international students who wish to pursue an MBA abroad. While the requirements differ with every university, here are the standard eligibility requirements to apply for an MBA program abroad.
Student eligibility to pursue MBA abroad
| Factor | Eligibility criteria |
|---|---|
| Educational qualifications | An international student with an undergraduate degree in business administration or a related specialisation with a GPA over 3.0. |
| English proficiency |
|
| Entrance exam |
|
| Visa |
|
Data updated as of January 2024
Note: The eligibility requirement varies with every MBA program and university. Ensure you check the course page for the requirements before submitting the application.
Which country is best for an MBA for Indian students?
The United States
The USA is a pioneer in offering business studies for international students. Most of the business schools in the country are top-ranking institutions on a global level, making it an ideal country for MBA abroad for Indian students.
The educational institutions in the USA offer an excellent curriculum, focus on student engagement and help them build their peer network. The courses are structured to provide the required knowledge and skills and train them with hands-on training and experience to prepare them for their careers.
MBA specialisations offered in the USA for Indian students
The US offers numerous MBA programs to cater to various interests and career aspirations of Indian students. Some of the popular MBA specialisations in the US include.
| Information systems | Finance | Business analytics |
| Marketing | Accounting | Entrepreneurship |
| Strategy | Consulting | Healthcare Management |
| Technology Management | Sustainability and Social Impact | International Business |
Top business schools in the USA
| Name of the business school | Times Higher Education Rankings 2024-25 | Average tuition fee |
|---|---|---|
| Harvard Business School | 01 | $74,910 |
| Stanford Graduate School of Business | 02 | $79,860 |
| Columbia Business School | 04 | $84,496 |
| New York University | 04 | $84,180 |
| University of California, Berkeley | 06 | $82,059 |
Data updated as of January 2024
Cost of studying for an MBA in the US
Pursuing an MBA in the US can be comparatively expensive. The cost of studying for an MBA may range from ₹60,00,000 to ₹1,00,00,000. Considering the wide range of work opportunities in the country, it is worth investing.
Post-study work permit for MBA graduates in the US
| Name of post-study work visa | Length of time to stay in country |
|---|---|
| Post-completion Optional Practical Training (OPT) | 1-year |
The United Kingdom
The UK has always been a top study destination for Indian students aspiring to pursue an MBA. While London has diverse finance and banking firms, the other parts of the UK also offer various lucrative job prospects in the global market.
Thus, the UK's business schools hold an international reputation for providing high-quality education and skill development, making it one of the best countries for MBA for Indian students.
MBA courses offered in the UK for Indian students
The UK offers a diverse range of MBA specialisations to cater to the varied interests and career aspirations of Indian students. Some of the popular MBA specialisations in the UK include.
| General management | Finance | Marketing |
| Arts management | Entrepreneurship | Strategy |
| Hospital administration | International business | Operations management |
| Healthcare management | Leadership | Sustainability and CSR |
Top business schools in the UK
| Business school | Times Higher Education Rankings 2024-25 | Average tuition fee |
|---|---|---|
| University of Cambridge | 05 | £69,000 |
| University of Oxford | 05 | £117,080 |
| London School of Economics and Political Science | 11 | £115,000 |
| UCL | 23 | £42,500 |
| University of Warwick | 26 | £49,950 |
Data updated as of January 2024
Also read: MBA in UK Universities with Placements
Cost of studying MBA in the UK
The cost of pursuing an MBA from any top university in the UK will range between ₹40,00,000 to ₹65,00,000.
Post-study work permit for MBA graduates in the UK
| Name of post-study work visa | Length of time to stay in country |
|---|---|
| Post Study Work (PSW) visa | 2 years |
Canada
Canada is often praised as one of the best countries to pursue an MBA abroad for Indian students. 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.
Top business schools in Canada
| Business school | Times Higher Education Rankings 2024-25 | Average tuition fee (In CAD) |
|---|---|---|
| Rotman School of Management | 21 | $46,270 |
| Desautels Faculty of Management | 29 | $102,500 |
| Schulich School of Business | 96 | $117,850 |
| Smith School of Business | 126-150 | $79,920 |
| Ivey Business School | 176-200 | $126,600 |
Data updated as of January 2024
Best MBA courses offered in Canada for Indian students
Canadian universities offer various MBA specialisations to cater to different career goals and interests. Some of the popular MBA specialisations for Indian students in Canada include.
| General Management | Finance | Marketing |
| International Business | Entrepreneurship | Healthcare Management |
| Information Technology Management | Supply Chain Management | Human Resource Management |
Cost of studying for an MBA in Canada
Canada is among the best countries to do an MBA for Indian students. The average tuition fee for an Indian student to pursue an MBA ranges between ₹27,00,000 to ₹60,00,000.
Post-study work permit for MBA graduates in Canada
| Name of post-study work visa | Length of time to stay in country |
|---|---|
| Post Graduation Work Permit (PGWP) | 8 months to 3 years |
Also read: Top 10 MBA universities & colleges in Canada 2024
Australia
Studying for an MBA in Australia is a popular choice among Indian students due to the country's excellent education system, diverse culture, and strong business environment. Australia is home to several reputable business schools that offer world-class MBA programs.
It is also one of the best countries to study MBA for Indian students as Australia has a high employment rate and paves the way for excellent job opportunities for Indian students after graduation.
Top business schools in Australia
| Business school | Times Higher Education Rankings 2024-25 | Average tuition fee (In AUD) |
|---|---|---|
| Melbourne Business School | 08 | $106,650 |
| UNSW (AGSM) | 32 | $81,720 |
| Macquarie Business School | 40 | $42,000 |
| UQ Business School | 74 | $84,648 |
Data updated as of January 2024
Best MBA courses offered in Australia for Indian students
Australian universities offer a variety of MBA specialisations to cater to the interests and career aspirations of Indian students. Some of the popular MBA specialisations in Australia include.
| General Management | Finance |
| Marketing | Entrepreneurship |
| International Business | Human Resource Management |
| Strategic Management | Information Technology Management |
| Sustainability and Social Impact | Healthcare Management |
Cost of studying for an MBA in Australia
The cost of studying for an MBA in Australia can vary depending on the university, program duration, and specialisation. On average, the tuition fees for an MBA program for international students, including Indian students, can range from ₹25,00,000 to ₹35,00,000.
Post-study work permit for MBA graduates in Australia
| Name of post-study work visa | Length of time to stay in country |
| Temporary Graduate Visa | 2-4 years |
Also read: Best Countries for Students to Study and Work
A rundown on the cost of studying an MBA for Indian students
| Countries | Average annual tuition fee (In USD) |
|---|---|
| United States | $40,000-$80,000 |
| United Kingdom | $25,000-$60,000 |
| Canada | $20,000-$40,000 |
| Australia | $25,000-$50,000 |
Data updated as of January 2024
Job prospects after pursuing an MBA degree abroad
After completing your MBA abroad, you should start your career 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 for 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 title | Average annual salary (in USD) |
|---|---|
| IT Business Analyst | $105,811 |
| IT Services Manager | $104,237 |
| Information Technology Manager | $104,071 |
Data updated as of January 2024
Marketing
| Job title | Average annual salary (in USD) |
|---|---|
| Business Intelligence Manager | $120,142 |
| Marketing research director | $110,619 |
| Brand Manager | $104,880 |
Data updated as of January 2024
Finance
| Job title | Average annual salary (in USD) |
|---|---|
| Finance Consulting Manager | $118,409 |
| Finance Management Associate | $89,609 |
| Finance Analyst | $87,055 |
Data updated as of January 2024
Economics
| Job title | Average annual salary (in USD) |
|---|---|
| Research Economist | $110,896 |
| Economic Analyst | $78,263 |
| Economic Consultant | $88,979 |
Data updated as of January 2024
Business Analytics
| Job title | Average annual salary (in USD) |
|---|---|
| Business Analyst | $100,675 |
| Business Systems Analyst | $94,829 |
| Business Applications Analyst | $94,370 |
Data updated as of January 2024
With a dedicated team of experienced and knowledgeable consultants, Edvoy provides personalised services to each student, understanding their aspirations, interests, and career goals. Our expertise lies in assisting students to find the right educational institutions and courses that align perfectly with their individual needs.
Frequently asked questions
Which country is the best for MBA studies?
The US, UK, Australia, and Canada are the top countries to study MBA abroad.
What is the average tuition fee for MBA education abroad?
The average tuition fee for abroad MBA studies may range from ₹20,00,000 to ₹67,00,000 (USD $25,000-$80,000).
Which country is the best for an MBA in supply chain management abroad?
The United States is the best country to study for an MBA in supply chain management abroad.
Which is the best country for an MBA for Indian students?
The best country to do an MBA for Indian students depends on their preferences and career goals. Popular choices include.
- The United States is renowned for its prestigious business schools and vast networking opportunities.
- The United Kingdom is known for its diverse MBA programs and global business connections.
- Canada offers quality education and post-study work opportunities.
- Australia has a strong focus on entrepreneurship and innovation.
Which country is best for an MBA in finance for Indian students?
The United States and the United Kingdom are considered top choices for MBA in finance for Indian students.
Which country has more job opportunities for MBA?
The United States, the United Kingdom, Canada, Australia, and Ireland are countries with significant job opportunities for MBA graduates due to their robust economies and diverse industries.
Which country is the best and cheapest for MBA for Indian students?
Germany is often considered one of the best and cheapest countries for an MBA for Indian students. German universities offer high-quality education at affordable tuition fees, and many programs are taught in English.
Should I prefer an MBA from India or abroad?
Studying abroad can provide exposure to international markets and diverse cultures while studying in India might be more cost-effective and allow you to build connections in the local business landscape. Consider factors like program reputation, networking opportunities, and potential return on investment when making your choice.
Which are the top MBA specialisations abroad?
Some of the top MBA specialisations abroad include.
- Finance
- Entrepreneurship
- Human resources
- International business
- Marketing
- Investment management
- Data analytics
- Economics
- Strategic management
- Innovation management
What are the admission requirements for an MBA abroad?
The eligibility for an MBA degree for international students varies with every university and country. Here are the standard admission requirements for an MBA abroad.
| Educational qualifications | An international student with an undergraduate degree in business administration or a related specialisation with a GPA over 3.0. |
| English proficiency | IELTS: 6.0-7.5 TOEFL: 90-100 PTE: 79 Duolingo: 95-120 |
| Entrance exam | GRE: Above 325 GMAT: Above 700 |
Which are the best MBA colleges abroad?
Some of the best business schools in top study destinations for international students are.
The United States: Harvard Business School Stanford Graduate School of Business Columbia Business School New York University University of California, Berkeley | The United Kingdom: University of Cambridge University of Oxford London School of Economics and Political Science UCL University of Warwick |
Canada: Rotman School of Management Desautels Faculty of Management Schulich School of Business Smith School of Business Ivey Business School | Australia: Melbourne Business School UNSW (AGSM) Macquarie Business School UQ Business School |
Which is the cheapest country to study MBA abroad for Indian students?
Some of the most affordable countries to pursue an MBA abroad for Indian students are Canada, the UK, Australia, and the US.
Embark on your dream academic adventure today!
It is every student’s dream to pursue their dream course in their dream study destination with the finest experience. And Edvoy is here to fulfil just that! We offer assistance and pave the way for a remarkable academic experience to study abroad. Explore options, connect with an Edvoy Counsellor, and begin your journey today!
