MBA Abroad Eligibility and Exams for Indian Students to Study in 2024
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MBA Abroad Eligibility and Exams for Indian Students to Study in 2024

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Aishwarya
Aishwarya Bhatnagar
Study Abroad Expert
Updated on Dec 11, 2024 16:04 IST

A bachelor's degree from a recognized university and 2-3 years of work experience are the well-known MBA abroad eligibility. However, universities often have additional eligibility for MBA abroad programs that include language proficiency and good scores in exams like GRE, and GMAT. Understand in detail about MBA abroad, its eligibility and the exams required for admission process in this article.

MBA Abroad Eligibility

Studying an MBA abroad is a long process that requires a student to fulfil certain eligibility criteria. Students need to understand the eligibility criteria for pursuing an MBA abroad. apart from a strong academic background, & good scores in exams like the GMAT, and GRE, students need to have work experience of a minimum of 2 to 3 years.  In this article, we have covered all the details of eligibility for MBA abroad studies for Indian students including country-wise information. Before we proceed for admission requirements, let us understand, the benefits of studying MBA abroad.

Related Read: MBA vs MiM

Why Study MBA Abroad?

Every professional who wants to move ahead in his career thinks of pursuing an MBA at some point in time in his or her career. No student wishing to study Master in Business Administration abroad will miss a chance of going to study at his or her dream college. Pursuing reputed MBA courses in foreign universities will bring you closer to your dream job. A job abroad will offer you higher earning potential or an attractive pay cheque.

Reasons to Pursue MBA from Abroad

There are several reasons why someone would decide to get an MBA from abroad. Here are a few of the most frequent causes:

  1. Work Opportunities- An MBA from abroad can improve your chances of finding a job that pays more and offers more opportunities for promotion.
  2. Career change: If you want to change jobs, an MBA from abroad might be extremely helpful. Your degree may provide you with new abilities and information that may aid in your move.
  3. Enhances personal branding: Earning an MBA from a reputable foreign institution aids in enhancing your reputation among colleagues in the profession.
  4. Develops managerial skills: Earning an MBA from abroad will provide you with the leadership, collaboration, communication, and decision-making abilities necessary to effectively manage teams and organisations.
  5. Specialization in a variety of fields: MBA programmes provide you with the option to focus on a particular business discipline, including marketing, operations, finance, or entrepreneurship.

Overall, earning an MBA from abroad may be a smart career move and provide you with the contacts, know-how, and expertise to help you reach your professional objectives. In this article, we will cover various aspects of MBA outside India including the answer to the question, “How to pursue MBA from abroad?”, top MBA courses in abroad, eligibility requirements for studying MBA outside India, specializations in MBA courses in foreign universities, scholarships for MBA courses outside India, and much more.

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Other benefits of studying abroad:

  • Career Advancement
  • Excellent networking opportunities

Every business administration aspirant wants to get enrolled in the topmost business colleges and universities abroad. If you are mulling over the possibilities of an MBA outside India, be sure to weigh the benefits of this programme in the context of your education and professional aspirations. Be clear as to why you want to pursue it, what are your goals/dreams and how an MBA will help you in achieving these.








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MBA from Abroad Eligibility and Requirements

How to pursue an MBA from abroad? A bachelor's degree from a recognized college is required by all the universities offering Master of Business Administration programs abroad. Some universities also have other requirements like work experience. Although, not all educational institutes ask for work experience. Before applying, it is always good to check the eligibility criteria of the college to which you are seeking admission.







1. Academic Requirements

Reputed colleges prefer a full-time bachelor's degree from a recognized institute. We have also mentioned other academic requirements below.

  • A bachelor's degree from a recognized university is the most basic requirement for getting into an MBA program
  • A GPA of 3.0 or above on a 4.0-point scale, will still vary per university.

2. Work Experience Requirements

Substantial work experience is desired by the top universities offering MBA courses abroad. Although there are schools where an MBA is offered without work experience; however, it is always an added advantage to have relevant work experience. Apart from the academic record, foreign institutions look for candidates who can add value to their colleges and benefit most from their programs.

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3. Application Requirements

Applying for an MBA in a foreign university is a very big step for your professional life. A bachelor's degree or its equivalent from a recognized educational institution is mandatory for applying to an MBA programme. Some other application requirements are mentioned below.

4. Application Process

We have summarized the application process for you below. Also, make sure to look for colleges/universities at least 12 months before seeking admission.

  • Course/ country selection
  • Profile Evaluation
  • Select a few universities where you are going to apply
  • Start collecting the necessary documents

Read: How to Apply to Universities Abroad: Complete Series

5. Exams for MBA Abroad

To get admission to an MBA course abroad, candidates need to take standardized exams like GMAT and GRE. Find more details below:

GMAT

As an eligibility for MBA abroad, the GMAT exam is required by most MBA colleges abroad. More than 2,400 MBA and MIM colleges accept GMAT scores. When it comes to the GMAT cut-off for top B-Schools, most of them require a GMAT score of 700+. However, a GMAT score of more than 650 can fetch you a decent MBA college abroad. As for the GMAT pattern, the current version of the GMAT exam or GMAT Focus exam consists of Quantitative Reasoning, Verbal Reasoning and Data Insights.

GRE

The GRE exam was usually taken to study MS abroad. However, it has gained traction and importance as an eligibility exam for MBA abroad as well. Almost all the top MBA colleges abroad accept GRE scores. GRE consists of Analytical Writing, Quantitative Reasoning, and Verbal Reasoning.

6. English Language Proficiency Tests 

Language proficiency exams are accepted for MBA admissions abroad. Some of these ELP test scores include:

As the exams vary based on the choice of course and university, candidates should know which exam to take for which course to study abroad.

MBA from Abroad VS. MBA in India

Even though there are numerous top-rated colleges in India still students choose to study Master of Business Administration (MBA) abroad. There are numerous factors because of which Indian students prefer to study abroad. Usually, more than 2 lakh students appear for the CAT exam in India. Compare it with the number of seats in IIMs which are just over 4,000. So, it is not just the stiff competition but also the array of opportunities that foreign education offers to students. Apart from this, Tier 2/3 MBA colleges in India have an outdated curriculum that is not in sync with the present-day industries' demand. This is where foreign institutes have the upper hand. An international MBA is more practical-oriented and collaborative in nature. Almost all B-schools are open to sharing the diversity of their student enrolments. At an international educational institution, one gets to learn to experience a diverse culture.

MBA Specializations

As there are different industries, demand for specific skill sets also increases to understand the challenges of that particular industry. Also, it is a big career decision for you, so, one should be careful while choosing the MBA specialization. 

Usually, the first year of the MBA programme is dedicated to core courses to build a strong foundation of all the concepts. In the second year, one chooses to specialize in a particular field.

  • Marketing
  • Human Resources
  • Finance
  • Information Systems
  • Consulting
  • Entrepreneurship
  • Operations Management

Read more on MBA specializations here:

MBA in Finance Abroad

MBA in Marketing Abroad

MBA in International Business Abroad

MBA in Human Resources Abroad

Top Universities & Colleges for MBA Abroad

Every Business Administration aspirant wants to be enrolled in the topmost business colleges and universities abroad. As one of the most sought-after courses, various reputed institutions overseas offer an MBA.

Top MBA Colleges in the World

QS Global MBA Rankings 2025

MBA at Stanford Graduate School of Business, US

#1

MBA at The Wharton School, University of Pennsylvania, US

#2

MBA at Harvard Business School, US

#3

MBA at MIT Sloan, US

#4

MBA at London Business School, UK

#5

MBA at HEC Paris, France

#6

MBA at Cambridge Judge Business School, University of Cambridge, UK

#7

MBA at Columbia Business School, US

#8

MBA at IE Business School, Spain

#9

MBA at IESE Business School, Spain

#10

MBA at INSEAD, France

#11

MBA at The Kellogg School of Management, Northwestern University, US

#11

MBA at Haas School of Business, UC Berkeley, US

#13

MBA at UCLA Anderson School of Management, University of California, US

#14

MBA at Booth School of Business, The University of Chicago, UK

#15

MBA at Yale School of Management, Yale University, US

#16

MBA at Stern School of Business, New York University, US

#17

MBA at Imperial College Business School, Imperial College London, UK

#18

MBA at Saïd Business School, University of Oxford, UK

#19

MBA at Esade Business School, Spain

#19

MBA at SDA Bocconi School of Management, Italy #20

Applicants looking for admission at any of these top MBA universities abroad can first refer to their admission requirements, deadlines, intake, fees and scholarships and then proceed with the applications.

Popular Destinations for MBA from Abroad

It is not easy to determine the best country for an MBA, as various factors need to be considered. The US, the UK, Canada, Australia, Germany, and Singapore are some of the most popular destinations for studying for an MBA. It is important to choose the place to study wisely before applying. Choosing the right kind of programme that meets your requirements is an important step. However, for those who are convinced to apply to the topmost universities and colleges abroad, the challenge would be to find out the ideal institution.

Also Read: Top 5 countries to study MBA abroad

Scope of MBA from Abroad: Top Companies

Many MBA graduates have just one goal in mind while pursuing their degree - to work abroad. After spending huge money on studying MBA, it makes financial sense to work abroad. Apart from this, it also gives them exposure to working in a completely different setup. Is it worth doing an MBA abroad? An MBA from abroad from a good college can open opportunities for you. And if you have studied at a top college like Harvard or Oxford, then you have excellent career opportunities to choose from. Also, the majority of the overseas MBA programs allow students to stay back, so, they can work and get job experience. This is a great opportunity not just in terms of managing finances but also to give you significant work experience abroad.

Types of Job Profiles / MBA Abroad Jobs and Career Opportunities

Whether it is a boom or a downturn, demand for MBAs is going to be there. People having exemplary business skills will definitely get a chance to prove their talent.

  • Finance: One of the most sought-after careers includes working in corporate finance. One can work as a Financial Consultant, Financial Analyst, Finance Manager, or Finance Director. One can earn anywhere between $55,000 to $78,000 at an early stage of their career.
  • Finance and Economics: Considered the hub of financial activities, the US offers enormous opportunities in Finance and Economics. Here, one can work as a Portfolio Manager, Financial Consultants, and Director of Operations. The salary ranges from $51,000 to $60,000 in the starting stage.
  • Operations Management: Nowadays there is a surge in demand for people having expertise in managing the line of operations in the manufacturing or services industry. The new methodologies and skills taught in MBA programmes help companies adopt new technologies and formulate strategies that maximize profits.

Country-wise Average Fees for MBA Abroad

Deciding which country is suitable for pursuing an MBA outside India is one of the toughest decisions the aspirant needs to take. One should always consider various factors like quality education, total expenses including tuition fees and living expenses, and ROI while selecting the country.

MBA Colleges in the US

Studying MBA in the US can cost you an average of INR 30.89 L (for 1st year) including both tuition fees and living expenses.

University

Course Duration

Tuition fee (Approx) (for 1st year)

Stanford Graduate School of Business

21 months

$74,706 / INR 56,39,555

Harvard Business School

24 months

$73,440 / INR 55,43,985

Tuck School of Business- Dartmouth College

24 months

$77,520 / INR 58,51,984

(Tuition fee source: official university websites) (exchange rate of 1 USD = INR 75.49)

MBA Colleges in the UK

Pursuing MBA in the UK can cost you an average of INR 23.19 L (for 1st year) including both tuition fees and living expenses. Also, one major factor that makes the UK different from other MBA destinations is that here duration for most of the MBA programs is one year.

University

Course Duration

Tuition fee (Approx) (for 1st year)

Imperial College Business School

1 year

£53,500 / INR 49,26,404

London Business School

15 to 21 months

£87,900 / INR 80,94,036

University of Cambridge

1 year

£57,000 / INR 52,48,692

(Tuition fee source: official university websites)  (exchange rate of 1 Pound = INR 92.08)

MBA Colleges in Canada

MBA fees in Canada can cost you an average of INR 25.93 L (for 1st year) including tuition fees and living expenses. MBA in Canada is comparatively cheaper than other popular study destinations.

University

Course Duration

Tuition fee (Approx) (for 1st year)

Rotman School of Management (U of T)

2 years

C$59,450 / INR 31,98,409

Ivey Business School- University of Western Ontario

2 years

C$111,750 / INR 60,12,149

(Tuition fee source: official university websites) (exchange rate of 1 CAD = INR 53.80)

MBA Colleges in Australia

Annual MBA fees in business schools in Australia can be around INR 23.28 L (for 1st year) including tuition fees and living expenses.

University

Course Duration

Tuition fee (Approx) (for 1st year)

Melbourne Business School, The University of Melbourne

12 months

AUD$89,500 / INR 43,75,519

Monash Business School, Monash University

2 years

AUD$44,000 / INR 21,51,093

(Tuition fee source: official university websites) (exchange rate of 1 AUD = INR 48.89)

MBA Colleges in Germany

When it comes to pocket-friendly tuition fees along with quality education, one always thinks of Germany. It is home to the best MBA colleges in the world.

University

Course Duration

Tuition fee (Approx) (for 1st year)

Ludwig Maximilians University Munich (LMU)

2 years

0

Frankfurt School of Finance & Management

1 year

€ 38,000 / INR 31,04,828

(Tuition fee source: official university websites) (exchange rate of 1 Euro = INR 81.71)

Note: Ludwig Maximilians University Munich (LMU) does not charge any tuition fee, however, students have to bear the other expenses approx. INR 1,17,410 for 1st year.

Scholarships to Study MBA Abroad

Arranging a huge amount of funds for studying MBA from abroad can prove to be a daunting task. Therefore, students often look for scholarships for MBA to fund their education.

  1. JN Tata Endowment for the higher education of Indians: This is not actually a scholarship but rather it is a loan that a student needs to repay within seven years of completing the graduation programme. However, the rate of interest charged is merely 2% and this is waived if the applicant repays it within the specified time. The amount of this endowment programme varies from INR 1.5 to 6 lacs.
  2. Columbia Business School: The Board of Overseers China & India Fellowships: This fellowship is awarded every year to students from India and China and the funds can be renewable for the second year as well. These are awarded to students who have excelled in academics and professional careers.
  3. Stanford Reliance Dhirubhai Fellowship: The Stanford Reliance Dhirubhai Fellowship is awarded to Indian students who require financial assistance to pursue an MBA at Stanford. Within two years of completing the MBA programme, students who availed of this scholarship need to come to India and work for an Indian organization.
  4. Rhodes Scholarship- MBA: The Rhodes Scholarship is awarded to outstanding students from around the world to study at the University of Oxford. The Rhodes Scholarship is one of the oldest and most prestigious international scholarship programmes.
  5. OGS Scholarships for International Students – MBA: Since 1975, the Ontario government, in partnership with Ontario's publicly assisted universities is offering Ontario Graduate Scholarships (OGS). This scholarship is applicable to someone pursuing an MBA from Western University in Canada.

Courses Related to MBA

There are other courses for those who do not want to pursue an MBA. There are other courses related to business, finance, and management, which you can pursue if you are not interested in studying an MBA.

Course Name

Course Duration

Key Features

MS Business Analytics

12 / 24 months

Business Analytics comes under the category of the STEM degree

Management Information Systems (MIS)

2 years

Colleges ask for work experience to give admission to an MIS program

Master of Engineering Management (MEM)

2 years

Candidates require a Bachelor of Engineering to pursue MEM

Also Read: MBA v/s MIM v/s MA in Management: Know the Difference

Try to maintain a balance in terms of the course fee, college brand name, finances, and post-study work opportunities.

Having covered the list of top colleges that offer an MBA abroad, we hope that the students will make a well-informed choice while choosing their course. Make sure to visit the official webpage of the university/college to get more details.

Candidates looking to study abroad can get in touch with our Shiksha Study Abroad Counsellors for assistance with university applications. Candidates can also write to us in the comments section below.

If you still have doubts regarding the Master in Business Administration abroad then we have given a list of FAQs for more.

MBA from Abroad FAQs

Q. Why study an MBA abroad?

A. Gaining exposure to different cultures, languages, and ways of thinking, as well as networking possibilities with professionals and students from around the world, are just a few advantages of studying for an MBA from abroad. Getting an MBA while studying abroad can also assist in getting global experience that can be beneficial. For students to broaden their skill sets and get ready for an increasingly globalised corporate environment, certain overseas universities provide specialised courses and one-of-a-kind chances. An MBA from a foreign university can also provide you with a competitive edge and improve your professional prospects.

Q. What is the eligibility for MBA abroad?

A. The following points provide an overview of the eligibility for MBA abroad:

  • Bachelor’s Degree: You must have finished a bachelor's degree in any field or study that is connected to the specialisation in order to be eligible for an MBA abroad. The majority of universities demand a minimum GPA of 50% for undergraduate degrees.
  • Work Experience: Some universities may also consider work experience as a requirement for admission. The amount of work experience required can vary depending on the school.
  • Standardized Tests: Many MBA programs abroad require applicants to submit competitive GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination) scores. These standardized tests assess your analytical, verbal, and quantitative skills.\
  • English Language Tests: English language proficiency is essential for studying an MBA abroad. Applicants may need to provide proof of English language proficiency through tests such as IELTS (International English Language Testing System) or TOEFL (Test of English as a Foreign Language).
  • Application Documents: Most MBA programmes abroad application documents such as a statement of purpose, letters of recommendation, admission essays, an updated resume, etc. These documents are extremely important for MBA admissions. It is advised that students write these documents with utmost sincerity and in a timely manner.

Q. Which country is the best to study MBA?

A. MBA is one of the most sought-after courses today but it is also important to evaluate why study MBA abroad. The kind of university and MBA program you attend also has connotations related to it, which can help open doors based on the university's reputation. There are various popular study destinations for studying an MBA like the USA, Canada, UK, and Germany. However, the USA is still the leader when it comes to offering an MBA. It is critical for students to evaluate various factors before deciding MBA courses in foreign universities. Some of these factors include post-study work options, career outcomes, top recruiters, career services, local economy, etc.

Q. Can I study an MBA abroad for free?

A. Getting a quality education does not always come cheap. Also, when one thinks of countries that offer world-class quality education to students from across the globe. However, there are universities that offer an MBA program at a reasonable tuition fee. Also, many colleges offer scholarships for pursuing MBA. To reduce the cost of studying an MBA from abroad, you may apply for scholarships and/or work part-time. It is advisable that you apply for scholarships and take their applications very seriously because if you happen to gain a significant scholarship amount, you may avoid working part-time and focus on your studies.

Q. What are the best universities to study an MBA abroad?

A. Studying an MBA abroad can give practical knowledge and better work opportunities for MBA graduates. Every MBA candidate wants to enrol in the topmost business college. You can read about the best colleges and universities to pursue MBA abroad. Some of the best MBA colleges in abroad include the Harvard Business School, INSEAD, London Business School, Judge Business School (University of Cambridge), University of Sydney Business School, Yale University, and Columbia University, just to name a few.

Q. What is the duration of an MBA outside India?

A. Traditionally, the MBA is offered as a two-year program by most universities. However, European B-schools particularly in the UK also offer a one-year MBA program. Candidates can choose between a one year and a two-year MBA course. A two-year MBA program also includes internships that are important to land a good job opportunity. An internship also gives MBA graduates practical work experience as well. It is advised that students check the course details thoroughly and make sure that they match their career aspirations and future goals.

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 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:   Is Hertfordshire University hard to get into?

A:

With a 70% acceptance rate, the University of Hertfordshire is not hard to get into and follows easy selection criteria during admissions. This does not mean the university accepts all the students applying for different programs. The selection is based on academic performance, English language requirements, references, and many more. Some of the programs at Hertfordshire even demand an experience of 4-5 years. Students must fulfill the eligibility criteria to enroll in any programme at Hertfordshire University. In addition, students with average performance can showcase their relevant experience or extracurricular activities participation to increase their selection probability.

Q:   How much IELTS score is required for Hertfordshire University?

A:

International students coming from diverse backgrounds must prove their English language proficiency by submitting the scores of IELTS, PTE, and Duolingo at Hertfordshire University. The university demands an IELTS score of 6 from the students. Along with the IELTS scores, students can refer to the table below for all the required English proficiency score:

English language test

Minimum Score required UG

Minimum Score required PG

IELTS

6 or above

6 or above

PTE

59 or above

58 or above

Duolingo

105 or above

120 or above

Q:   How long does Hertfordshire University take to reply?

A:

After applying to Hertfordshire University UK, the applicants are going to receive an initial decision about their application within 2-3 working days. After the submission of the application and documents, the applicants are required to pay their tuition deposit. Then, complete the Sponsorship interview and the financial declaration. International students are required to pay a deposit of £5,000 before registration. The balance can be paid in line with the liability dates related to the year and entry of the semester.

Q:   What are the entry requirements for Bedfordshire University?

A:

International students can check below the University of Bedfordshire entry requirements for undergraduate and graduate admissions:

Undergraduate Admission Requirements

·      2 A level passes (minimum C and D)

·      Year 12 60% overall

·      70% English to waive IELTS

·      Must meet the English language requirements

·      A recognised Foundation degree

·      Submit additional test scores for ACT/SAT (if applicable)

·      Additional course requirements if any

Graduate Admission Requirements

·      Bachelor's degree (55% or more)

·      UK Bachelor's degree with Honours

·      Additional course requirements if any

·      Must meet the English language requirements

·      Submit additional test scores for GMAT/ GRE (if applicable)

Q:   What is Hult International Business School - UK famous for?

A:

Hult International Business School, UK, is famous for its global perspective and multicultural environment. The school is known for its focus on practical education, offering undergraduate, postgraduate, and executive education programs across multiple campuses located in prominent cities around the world, including Boston, San Francisco, London, Dubai, Shanghai, and New York. It is also recognised for its diverse student body, with over 128 nationalities represented among its students. The school has received positive reviews for its competent faculty, practical approach to business education, and the opportunity for students to interact with a wide network of contacts

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

(2)

S

Somya Shukla

5 months ago

What are the exams to get the scholarship for MBA abroad?

Reply to Somya Shukla

J

Jino Jojo

2 years ago

Which is tha best ever bachelor degree before MBA?

Reply to Jino Jojo

A

Aprant Agarwal

a year ago

There is no such "best-ever bachelor's degree" before an MBA. MBA students come from various backgrounds that include engineering, BBA, humanities, natural sciences, etc. It depends on your interest and career goals.