CBSE Compartment Result 2023 OUT: Click For Direct Link
August 3, 2023
Master in Business Administration (MBA)
jasleen kaur
| Table of Contents |
| Introduction |
| Course Fees |
| Best Countries |
| Career Prospects |
With the evolution of humans and the progress in the field of knowledge, technology and science, we have learned to deal with the economy and currency that varies from country to country. Currency and managerial skills have become an important aspect of the management of our world economy. Among all the study abroad programs; the often searched and pursued is, Masters in Business administration which has a curriculum that teaches management, consultancy, entrepreneurship skills , and communication skills.
Why study MBA abroad?
Masters of Business Administration is a world-wide acclaimed course training students to deal with business management, development, financial analyzing, management and consultancy among others specializations in management. The course is originated from the United States in the early 20th century providing knowledge to the students regarding managerial skills among many other skills. Since ages, India has produced great business-men and has been up-front in the field of management. Therefore, MBA abroad for Indian students has been a suitable choice providing a good understanding from foreign universities that have programs assessing skills and training students for Business administration. MBA courses abroad provide them sufficient knowledge to develop their skills in terms of management and entrepreneurship helping them deal and grow their business back in the country or providing them great career opportunities globally.
Scope of Studying MBA Abroad
MBA is a course that is well-known and is pursued by many; MBA courses abroad help nurture one’s knowledge, teaching one to deal with business analysis, management of departments, customer relations, customer management, etc. With the progression of the studies in the field of Master of Business Administration, it has only become more relevant to study MBA abroad where they can understand and grasp as much knowledge provided internationally for growing the global economic market. Studying MBA abroad might be one of the ideal courses that should be studied in a country other than your own, as knowledge is abundant and might help improve the growth of the economy.
MBA Abroad Course Fees
Education abroad can seem expensive, however pursuing a degree like MBA abroad is totally worth it. You can apply for scholarships and even take help of student loans to experience higher education abroad. Here’s an overview on the range for MBA course fees in the in some popular study abroad destinations.
| Cost of study | |
| Country | Tuition Fee (Range) |
| United Kingdom | USD 48,000 – USD 82,000 |
| USA | USD 60,000 – USD 100,000 |
| Canada | USD 23,500 – USD 40,000 |
MBA colleges abroad have various subjects that cover topics:
Customer Relations
Business Research
Customer Behaviour
Accounting and Financial Management
Business management/Entrepreneurship
Entrepreneurship Project
Strategic Management
Marketing Management
Contemporary management
Business Economics
Human Resource Management
Operational management
Managerial Economics
Business law/Business ethics
Applied statistics
*The subjects mentioned above may vary from university to university.
The topics mentioned are taught and practiced in the MBA colleges abroad covering the core information related to business administration.
Best countries for MBA
The countries that are popular and quite often chosen for pursuing MBA: Masters of Business administration studies are:
United States of America (USA)
United Kingdom (UK)
France
Germany
Switzerland
South Africa
Malaysia
Singapore
New Zealand
Australia
Canada
The entrance exams for MBA are GMAT or GRE or TOEFL (preferable) or IELTS.
Generally, an MBA program course is 1 year or 2 years.
MBA in USA
As mentioned, MBA was originated from this country, providing knowledge related to business administration it has some of the best-knownolleges in the world for the course. The USA is most often chosen by Indian students for its quality of education, destinations, with ease of living, career opportunities, and the culture. The top MBA colleges abroad (USA) are
Harvard Business School
Stanford Graduate School of Business
The Wharton School, University of Pennsylvania
MIT Sloan School of Management
The University of Chicago Booth School of business
Eligibility and requirements:
Under-graduate program from a relevant university.
Minimum two or three years of experience (depending on the choice of specialization)
Resume (Check out tips for writing an excellent CV)
GMAT test score (*may vary from university to university)
TOEFL test score
**For students looking to pursue an MBA abroad without GMAT, you can check out these universities from USA:
Masters of Business Administration (MBA) at Sawyer Business School, Suffolk University.
Executive MBA at the Lubin School of Business, Pace University.
MBA at Lerner business and economics, University of Delaware.
One – Year MBA program / Two years MBA program at Kellogg Northwestern University
Executive MBA program at the University of Southern California
There are many more universities in the USA that have scholarships for MBA abroad although most of them require a GMAT score.
MBA in United Kingdom
Europe has many destinations that have MBA as one of the most pursued programs in the continent. The country United Kingdom has many universities spread in different parts providing a great atmosphere, along with high-quality business knowledge resulting in the best outcome in the administration and management. Some of the top colleges for MBA abroad (UK)are as follows:
London Business School
Judge Business School, University of Cambridge
Warwick Business School, The University of Warwick
Saïd Business School, Oxford University (GMAT not required)
MBA or Executive MBA, Cranfield University
Eligibility and requirements:
Undergraduate program from a relevant university
Minimum two or three years of experience (depending on the choice of specialization)
Resume
Letter of recommendation
GMAT test score (*may vary from university to university)
TOEFL test score
MBA in Germany
Germany is a country that has many benefits for the students looking to pursue management as their full-time career. It is after all known for its high production and development in the automobile industry, this country has some of the top management universities providing affordable accommodations for students along with no tuition fees scheme in some of its universities. The country has many plus points such as scholarship opportunities that attract students worldwide. Almost every university in Germany has MBA programs divided as Full time and Part-time one can choose the preferred accordingly. It qualifies under the cheapest MBA abroad with great quality of education.The recommended colleges in Germany for Masters of Business Administration:
Frankfurt School of Finance and Management
Manheim Business School
WHU Otto Beisheim School of Management
Eligibility and requirements:
Undergraduate program from a relevant university
Minimum two or three years of experience (depending on the choice of specialization)
Resume (*tips for writing an excellent CV)
Letter of recommendation
GMAT test score
TOEFL or PTE test score
MBA in Singapore
Singapore is a clean and safe country with great economic/currency balance. The country is well-affirmed with English, providing a great atmosphere and environment for practicing business management. It is globally known and many foreign universities have invested in the universities of this country because of its maintained education system and surrounding. The universities for MBA in Singapore:
Concordia University of Chicago, Singapore. (The program is affiliated from London School of Business and Finance LSFB Singapore)
Singapore Management University.
Nanyang Institute of Management.
ERC Institute. (Acknowledged by University of WolverHampton)
Eligibility and requirements:
Undergraduate program from a relevant university
Minimum two or three years of experience (depending on the choice of specialization)
Resume (*tips for writing an excellent CV)
Letter of recommendation
TOEFL or PTE or NIM test score
Although the GMAT is not a requirement in every university, we recommend you to appear the test scoring good grades might get you in universities that has better education system leading to better career opportunities for you.
The cost of MBA abroad is higher than that of India, although study abroad programs provide better knowledge that can help in the growth and understanding of the subject and topics related to MBA. MBA fees abroad may vary from country to country; if one has managed to score extraordinarily good marks he/she can apply for scholarships; if not, one can always apply for student loans as MBA is a frequently chosen program many banks provide student loans.
Career opportunities post MBA: Masters of Business Administration
Project Management
Analytics
Sales and Business development
Celebrity management
Account management
Brand management
Product management
Product Marketing
Market Research
Corporate Finance
Investment Banking
Human Resource Manager
Entrepreneur
Venture Capital
Operations Management
Operations Consulting
Human Resources consulting
Online Media
Studying abroad has become easier and more profitable in terms of career growth as the recognition from foreign universities is anticipated and is appreciated by many companies and firms as the experience obtained from the universities is valued more.
Related Links
- Bachelors of Arts in Business Communication
- Business and Management
- Career in Aviation Management Abroad
- Global MBA Abroad
- Grenoble Master in International Business
- Master in Event Management Abroad
- Master in International Business Management Abroad
- Masters in Brand Management Abroad
- Masters in Corporate Finance Abroad
- Masters in Entrepreneurship Abroad
Latest News
People Reading Now
CBSE Compartment Result 2023 OUT: Click For Direct Link
August 3, 2023
CSAB 2023: Special Round Registration Begins Today
August 3, 2023
