Top Countries to Study MBA Abroad
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Top Countries to Study MBA Abroad

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Aishwarya
Aishwarya Bhatnagar
Study Abroad Expert
Updated on Dec 6, 2024 16:21 IST

Are you one of those who are dreaming of enhancing your career in the future and pursuing an MBA abroad is the best option? Then this article will brief you about the top 5 countries to study MBA in Abroad, and why an MBA abroad can open a world of opportunities. After going through the details you shall be able to conclude which is the best country for MBA.

Top Countries to Study MBA Abroad

A Master’s in Business Administration or MBA is one of the most preferable post-graduate programs among students to study abroad. The value of a degree like an MBA has increased with the network of top-growing organizations. Studying MBA in foreign countries allows you to gain insights into international business and use these tactics in your future projects.

Students who completed their Master of Business Administration degree from abroad universities get a chance to work with multinational companies like Google, Microsoft, Amazon, etc. Thus, selecting the best MBA Universities Abroad becomes the most challenging task. Check out the best country for MBA for Indian students in the sections below.

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Also Read: Top 10 Management Courses to Study Abroad

Why Study MBA Abroad?

Here are some top reasons to study MBA in foreign countries:

  • The chance to expand your horizons and build a worldwide network is one of the most significant benefits of taking an MBA abroad. Many MBA programmes offer overseas placements and internships, which can broaden your professional network and give you important experience working abroad. Additionally, becoming exposed to various business practices and developing your cross-cultural awareness can both benefit from studying abroad.
  • It is crucial to pick an MBA programme that is well-known and respected worldwide. A prestigious education can enhance your resume significantly and open up long-term work prospects. Additionally, you can access professional development tools like alumni networks, career services, and business alliances.
  • Students who pursue an MBA overseas are exposed to various business procedures, cultural customs, and corporate structures. This can give students insightful knowledge about how business is conducted around the globe and prepare them for leadership positions in multinational corporations.
  • Students can learn about various cultures and customs by enrolling in a foreign MBA programme. This can enable students to engage more productively with customers, coworkers, and other stakeholders in global organisations by helping them understand how cultural differences affect business.
  • Students who enrol in MBA colleges abroad have the exceptional chance to learn and work in a diverse environment, broadening their view of the business world. Students may get the opportunity to engage with a varied student body and learn from an international faculty when they study abroad.
  • Strong industry contacts are a common feature of MBA in foreign countries, providing students with chances for international networking, internships, and job placements. An MBA abroad can be a terrific approach to acquiring cross-cultural competencies and enhancing language proficiency, both of which are highly regarded by employers.
  • The opportunity to travel and see different cultures while earning an MBA can be a life-changing experience. Students can also develop a useful network of contacts which can help them in their professions.

Overall, for those looking to broaden their knowledge and skills in a global setting, studying for an MBA abroad may be a highly rewarding experience. Students should carefully consider all available MBA programmes and locations before selecting the one that best suits their objectives, aspirations, and interests.








Related Read: MBA vs MiM

MBA Abroad Highlights 2025

Before we move on to the best countries for MBA, let us get an overview of MBA in abroad with the help of the table given below:

Number of Universities Offering MBA Abroad Nearly 1,000+
Average Cost of MBA Abroad USD 70,000 per year + Living expenses based on location and lifestyle
Top 5 Universities for MBA Abroad (QS Global MBA Rankings 2025)
  • Stanford Graduate School of Business: #1
  • Penn (Wharton): #2
  • Harvard Business School: #3
  • MIT Sloan: #4
  • London Business School: #5
Top Specializations for MBA in Abroad General Management | Marketing | Human Resources Management | Finance | International Business Management | Operations Management | Supply Chain Management
Admission Requirements for MBA Abroad
Highest Paid Jobs after MBA Abroad Sales Manager | Finance Manager | Business Analyst | Product Manager
Top 5 Countries for MBA Abroad USA, Canada, UK, Australia and Germany

Top 5 Countries to Study MBA Abroad

Which country is best for MBA? Some of the best countries to for MBA include the USA, the UK, Canada, Australia, New Zealand, and Germany, just to name a few. Here are the details of the top 5 countries to study MBA abroad.







1. MBA in USA

The United States of America is at the top in the list of top 5 countries to study an MBA abroad. The USA has some of the world’s top-ranked universities that offer the best Master of Business Administration programs to international students. The duration of the program is around two years, which also includes an internship during the summer.

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1st-Year Average MBA Tuition Fee in the USA

USD 35,296

Average Median Salary After MBA in the USA

USD 115,000 yearly

Top MBA Universities in USA

2. MBA in UK

The United Kingdom is second on the list for studying MBA Abroad. As per the Global Financial Centre Index report, London is ranked as the world’s most competitive financial centre. Many of the top B-Schools in the UK are located in the capital like London Business School, the London School of Economics, UCL, etc.

1st-Year Average MBA Tuition Fee in the UK

£22,277.21

Average Salary After MBA in the UK

£56,000 yearly

Top MBA Universities in UK

3. MBA in Canada

In the third position, there is another North American country i.e. Canada. Top MBA Universities in Canada are known for their quality business programs. In fact, six out of the top 100 Business Schools in the World are located in the country by QS Global MBA Ranking 2023. Canada regularly becomes the major choice among Indian Students to study MBA Abroad.

1st-Year Average MBA Tuition Fee in Canada

CDN 39,126.61

Average Salary After MBA in Canada

CDN 75,000 yearly

Top MBA Universities in Canada

4. MBA in Australia

Now we have another English-speaking destination for MBA abroad i.e. Australia. Australian universities offer an affordable MBA program to international students with other opportunities. Australia has a strong Indian community, similar weather to India, and a relaxed student life.

1st-Year Average MBA Tuition Fee in Australia

AUD 41,140.70

Average Salary After MBA in Australia

AUD 145,000 yearly

Top MBA Universities in Australia

5. MBA in Germany

Germany is known for its electrical and automotive industries. It has a technology-driven and innovative economy. Popular public B-Schools in Germany are one of the best choices to study the Master of Business Administration program. Students get a chance to work with international organizations like Mercedes-Benz, BMW, Siemens, etc.

1st-Year Average MBA Tuition Fee in Germany

€15,042.19

Average Salary After MBA in Germany

€55,000 yearly

Top MBA universities in Germany

MBA in Abroad Eligibility

Have you up your mind about an MBA abroad? Below are the common eligibility requirements for MBA abroad. Applicants must note that criteria may differ based on the university the applicant is applying for.

  • Students who wish to study the MBA program from abroad universities need to meet the eligibility criteria mentioned by the universities. Students must have a bachelor’s degree from a recognized university to study Master of Business Administration program abroad.
  • Academic Requirement: Complete a full-time bachelor’s degree from a reputed university or college. Score good marks to get admission to top-ranked MBA universities abroad.
  • Exams Required for MBA Abroad: GMAT and GRE are the standardized exams accepted by abroad universities for MBA Admission. IELTS, TOEFL, PTE, etc. are the popular Language proficiency exams required by foreign students.
  • Application Requirements: Applying for an MBA in an abroad university requires a Resume, a Reference Letter, and Essays as declared by the university.
  • Application Process: Course/ country selection, profile evaluation, university selection, documents required, etc. are the major steps that students need to follow to complete the application process.

For application-related assistance, you can reach out to our study abroad counsellors, who can help evaluate your profile and provide you with a shortlist of universities, thereby assisting in the entire application process until visa filing. All the best!

Best Countries for MBA Abroad FAQs

Q. Which country is best for MBA?

A. The United States is frequently rated as one of the top nations for earning an MBA. The US has a large number of top-ranked business schools and provides many opportunities for networking and career advancement. Canada, Germany, the UK, Switzerland, France, and Australia are a few additional locations that are commonly touted as top choices for MBA study abroad programmes. In the end, the best nation for an MBA will rely on personal preferences, career objectives, and programme fit. To find the one that best suits your needs and circumstances, it is necessary to extensively examine each country's offerings, including rankings, employment options, fees, and personal preferences.

Q. Is it worth studying MBA in foreign countries?

A. Making the choice to pursue an MBA abroad can be challenging and depends on a number of aspects, such as your career ambitions, personal circumstances, and financial resources. Apart from these, applicants who study MBA abroad can also gain global career prospects, have an enhanced learning exposure, networking opportunities and well-paying jobs.

Q. Which are the best countries for MBA abroad besides the US?

A. There are various nations that provide top-notch education and a variety of options for individuals looking to pursue an MBA abroad. Here are some of the top nations for MBA study abroad, along with some of their distinctive characteristics and important considerations:

  • UK: The United Kingdom is home to some of the finest business schools in the world, and its universities are renowned for their academic brilliance in business and management courses. In the UK, MBA students have the opportunity to explore world-class cities like London and Edinburgh as well as a rich cultural heritage. Cambridge, Oxford, and the London Business School are a few of the finest universities in the UK that offer MBA programmes.
  • Canada: In comparison to the US, Canada has more inexpensive tuition and a well-known standard of living. It also has a highly developed and stable economy. The University of Toronto, McGill University, and Rotman School of Management are just a few of the top universities in the nation that provide MBA programmes. Canada is renowned for its cutting-edge infrastructure for research and development, which helps students get high-paying positions in the technology and innovation industries.
  • Singapore: With one of the most dynamic international business scenes and a highly linked global economy, Singapore is a desirable location for MBA students. The nation is renowned across the world for its highly trained workforce, world-class colleges offering top-notch MBA education, and a wide variety of employment prospects. The National University of Singapore, Nanyang Business School, INSEAD, and Singapore Management University are a few of the best universities in Singapore that offer MBA programmes.

Q. What are the admission requirements for MBA in abroad?

A. The following points provide admission requirements for MBA in abroad:

  • Undergraduate Degree: Completion of an undergraduate degree in any field, with some universities requiring coursework in a subject area closely relevant to the specialisation.
  • Work Experience: Usually, top MBA colleges abroad require 2-3 years of work experience.
  • Test Scores: Students are usually expected to provide GMAT or GRE scores for seeking admissions in MBA abroad. Many B-Schools might waive off this criterion if students have good work experience (usually at the UK universities).
  • English Test Scores: Students, who belong to non-English speaking countries, are expected to provide test scores of English language tests such as those of IELTS, TOEFL, PTE, etc.
  • Application Documents: Application documents for MBA abroad include a statement of purpose, letters of recommendation, admission essays, an updated resume, etc.

Q. Which are the top MBA specializations abroad?

A. MBA programmes provide specialisations in a range of disciplines, including, among others, finance, marketing, HR, IT, and digital. The hobbies and career goals of each student will influence their choice of specialisation. Before making a choice, it is advised that students conduct an in-depth study on the MBA specialisations that are provided by various foreign colleges and their employment prospects. Students must examine the economic and job market conditions of the nation, province, city, etc. where they are located in addition to their interests.

Q. Which are the best MBA colleges in abroad?

A. There are numerous famous MBA colleges abroad that offer students unmatched chances and a top-notch education. Harvard Business School, Stanford Graduate School of Business, University of Pennsylvania Wharton School, INSEAD, London Business School, MIT Sloan School of Management, and Columbia Business School are a few of the top MBA schools in the world. All of these universities focus on creating leaders who can successfully manage the complexity of the global business environment, while each has its own approach to business education. Before choosing an MBA programme, prospective students should examine a number of aspects, including location, reputation, curriculum, and chances for career progression.

Q:   What is the average salary after MBA in Australia?

A:

The average salary after MBA in Australia is AU$105k or INR 55.1 L* per year. MBA graduate can earn up to AU$194,538 or INR 102.2 L per year based on job profiles. The below table includes the average yearly salary packages by jobs:

Job Profile

Average Salary Per Year

Chief Executive Officer (CEO)

AU$189,985

Project Manager

AU$114,622

General / Operations Manager

AU$128,922

Senior Business Analyst

AU$114,871

 

Q:   How can I get admission in the University of Manchester?

A:

The application process at the University of Manchester may vary depending on the course and level of study. However, here is the application process for UG and PG courses: 

The Undergraduate Application Process:  

Step 1:  You can apply through the UCAS common application portal.

Step 2: Go to the website and select the course you are interested in.

Step 3: Ensure you meet the Entry requirements (Academic qualifications, English proficiency, etc.

Step 4: Once you decide on the course, submit documents such as SOP, Transcripts and personal statements. 

Check out:  tips to improve your SOP

Step 5: You can track the application's progress through your given credentials by UCAS. 

Step 6: Once the applicant submits the application to UCAS, it forwards to the University, and the admission teams carefully analyse the application document.

Step 7: The university will send you an offer letter once selected. Hence keep checking your UCAS portal for your application status.

The Postgraduate application process: 

Step 1: Select the postgraduate course you are interested in from the University of Manchester.\

Step 2: Ensure you meet the entry requirements for the chosen program, as they vary depending on the course.

Step 3: Complete the online application by providing your personal information.

Step 4: Upload the required documents, such as Academic transcripts and proof of English language proficiency ( TOEFL/ IELTS). experience in your fields and references (depending on the course). You also may require Two LORs depending on the course. 

To make your admission better, check out the following: How Admission Officers Evaluate your application. 

Step 5:  If your application is successful, you will receive an offer from the University of Manchester. 

Q:   Is university of West of Scotland good for international students?

A:

The University of the West of Scotland has five modern and diverse campuses in United Kingdom. The University has welcomed more than 3,000 international students which are representing 1/3 of the globe. They also have 130 European partners who are actively in global study and exchange options through the Commonwealth universities programmes. The University also offers study abroad opportunities for UWS who are eligible for the same and also have more than 20 transnational education partners worldwide which helps them deliver UWS Bachelors and Masters Degrees around the world.

Q:   What is University of Wales, Trinity Saint famous for?

A:

University of Wales, Trinity Saint (UWTSD) was founded in 2010, is a public institution for higher education and research at multiple locations. It was set up under the 1828 royal charter of Lampeter, the institution was the result of the merger between Trinity University College and the University of Wales. The institution merged with the Swansea Metropolitan University in 2013.

  • Top Ranked University: The UWTSD is not ranked by any major ranking body, however as per the university ranking given on the official website of the university, it is ranked among:
  1. #1st in Wales and UK Top 5 Film Production and Photography
  2. #1st in Wales and UK Top 5 Fashion and Textiles
  3. #1st in Wales and UK Top 20 Graphic Design
  4. #1st in Wales and UK Top 5 Education
  5. #1st in Wales and UK Top 20 Sports Science
  6. #1st in Wales and UK Top 20 Mechanical Engineering
  7. #1st in Wales for Fine Arts
  • Variety of Courses: UWTSD offers more than 300 programs at various levels including undergraduate, postgraduate degrees as well as multiple online courses.
  • Highly distinguished and learned faculties: the faculty at UWTSD    is highly learned and distinguished which enables students to be the best in their field of study.
  • High Placements: According to Graduate Outcome data 2019-2020 quoted by the UWTSD, more than 95% of its graduates were found to be employed within 15 Months of graduation. The average salary of a graduate is not explicitly released by UWTSD, however, as per some unofficial sources the average salary of the graduates of UWTSD is approximately INR 30-35L. with the highest salary being reported as high as INR 66.5L for jobs in Financial Services.

Q:   Why indian students choose to study at Hult International Business School - UK?

A:

Indian students choose to study at Hult International Business School in the UK for several reasons, including its highly ranked programs, global outlook, and career support. Hult offers a range of full-time master’s degrees, immersive bachelor's programs, and MBA options that prepare students to excel in the global job market. The school is the largest and top-ranked global business school, providing students with an incomparable universal outlook. Additionally, Hult's focus on experiential learning, extensive career support, and the opportunity to study at multiple campuses around the world are attractive to Indian students seeking a global business education. Furthermore, the school's emphasis on innovation and meeting the needs of students and employers may also contribute to its appeal to Indian students

Q:   How to prepare for UK 10th board exam 2025?

A:

Those who are preparing for the UK Class 10 exam 2025 are recommended to follow the tips below.

  • Know the exam pattern
  • Make a proper time table as per the syllabus
  • Solve previous year question papers
  • Make short notes of important formulas and theorems
  • Revise regularly
  • Figure out weaker areas and learn them well

With proper planning and hard work, students can easily clear the UK 10th board exam.

Q:   What rank is Wolverhampton University in UK?

A:

The University of Wolverhampton is one of the best universities in the United Kingdom. The university is consistently ranked among the best universities nationally and globally. For nearly 200 years, the University of Wolverhampton has been consistently providing a quality of education to students and producing highly skilled graduates. The national rankings of the University of Wolverhampton are given below:

Ranking Body Ranking
The Guardian University Guide 2024 #101
The Complete University Guide 2024#117

Q:   What is your review of Central Lancashire University?

A:

University of Central lanchester surely a good option for international students mainly beacuse of a diverse range of excellent academic programs across its professional schools and colleges

Here are the reasons why you should go for UCLAN:

Academics: University of Central Lancashire offers a range of over 350 undergraduate programs as well as more than 200 graduate programs for their international students. Below are some famous courses the university is highly famous for:

  • Arts, Engineering, Applied & Biomedical Sciences;
  • Business & Management;
  • Psychology;
  • Social Science;
  • Community Service;
  • Design & Fashion;
  • Medicine & Nursing;
  • Language & Global Studies;
  • Journalism;
  • Media Studies; and
  • Sports.

Location of the university - The Universit of Central Lanchester is in a location where arts & culture, technology industry and entertainment industry providing endless internship. International Students have access tooutdoor activities, live music/performances and attractions which makes their make campus life more enjoyable. The location gives students an additional mark to study at UK. 

Ranking: According to global ranking partner THE (Times Higher Education) University Ranking, University of Central Lancashire ranking is 1001-1200 in Best Global Universities, which is Improving from 801-1000 in 2022.

Fees: : The cost of attending UCLAN for Indian students can vary depending on several factors. Tuition fees for international students at UCLAN are typically higher than for UK citizens. However, it is important that the tuition fee can change over time, and it is recommended to visit the official website to recheck the fees and accommodation. Indian students should also consider other costs such as housing, health insurance, meals and transportation attending UCLAN. 

About the Author
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Written by
Aishwarya Bhatnagar
Study Abroad Expert

Aishwarya is a professional Writer currently working as a Study Abroad Expert in the Editorial Team at Shiksha. She has over 5 years of experience and is skilled at creating Online Content with leveraged knowledge i... Read Full Bio

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Comments

(589)

S

Sharon Gh

3 years ago

Hello, I'm Sharon. I'm presently pursuing my B.Com. I have another year left to finish. I want to pursue an MBA in Marketing immediately after my B.Com. Can you please suggest three top countries known for this course except USA with affordable living and tuition expenses as well.

Reply to Sharon Gh

7083717
Shilpa Saxena

3 years ago

Dear Sharon Pleaser refer to https://studyabroad.shiksha.com/mba-in-marketing-from-abroad-ds11508249 for suitable options. You may refine the search results using navigation bar on the top of filters on the page.

T

Tojo Joseph

3 years ago

Hello, I got 54.3 percent in mechanical engineering. I passed out in May 2019. I worked for 4 months till Jan 2020. I want to pursue an MBA in International Business abroad. Which are the best countries for this and am I eligible? How do I improve my chances of getting selected?

Reply to Tojo Joseph

7083717
Shilpa Saxena

3 years ago

Dear Tojo Yes, you can improve your chances of getting selected in good abroad universities by giving GMAT and IELTS exams. Please refer to abroad universities offering MBA in International Business and check the basic eligibility you need to crack for application: https://studyabroad.shiksha.com/m

...more

K

Kunal Raibagi

3 years ago

Hello mam, I'm currently persuing my 1st year mba in rajgad college, pune. Can i apply for 2nd year abroad???plz reply

Reply to Kunal Raibagi

7083717
Shilpa Saxena

3 years ago

If your current university has some external collaborations or connections, then it would be easier for you to take a transfer. All the best!

7083717
Shilpa Saxena

3 years ago

Dear Kunal Some abroad universities take transfer students from abroad. You would need to check with your university and department to find out whether or not your course allows you to complete your degree from abroad.

Hey hi I'm currently persuing final yr of my bsc degree .I want to persue mba in Singapore can I know what is the eligibility criteria for joining in mba

Reply to Malgireddy Chandana

7083717
Shilpa Saxena

3 years ago

Hi Malgireddy Eligibility differs from different colleges and countries. The major exams include GMAT and IELTS or TOEFL. Please refer to https://studyabroad.shiksha.com/which-exam-to-give-for-which-course-to-study-abroad-articlepage-536 for more details.

A

Advay Khandekar

4 years ago

Hey I'm currently in last year of hotel management and want to go for MBA from either Germany or Singapore or even Australia. I want information about which of these countries do offer MBA to a student without work experience

Reply to Advay Khandekar

7083717
Shilpa Saxena

3 years ago

Hi Advay, Many abroad universities accept candidates without work experience. You may refer to the list of colleges in respective abroad universities at https://studyabroad.shiksha.com/top-countries-to-study-mba-without-work-experience-articlepage-2603. All the best!