MBA in Abroad for Indian Students - Universities, Colleges, Fees 2025, Deadlines

Many students apply to study MBA abroad in foreign countries like the UK, the USA, Germany, Australia, and Canada every year. MBA in Foreign countries is a widely opted master's program among international students. This Master in Business Administration program is available in a range of specializations to train students in the field of management. Universities in abroad offer an MBA program to prepare future business leaders. 

Students can apply for admission at top MBA universities in the world by meeting the admission criteria. MBA Admission abroad is based on the GMAT score or GRE scores and performance in one of the English Proficiency Tests like IELTS, TOEFL, etc. The MBA in Abroad fees vary from INR 1 L to INR 1 Cr and more depending on the specialization and the university. The MBA Abroad average salary is around USD 135k or INR 1.12 Cr yearly.

Check the list of Top Countries to Study MBA Abroad

MBA Abroad Highlights 2024

Over 1,400 universities are available for international students to study MBA abroad. These universities offer MBA programs at an affordable cost with better career opportunities. The cost of an MBA abroad for Indian students is around INR 23 L. Mentioned below are the highlights of an MBA degree abroad:

Particular	Stats
Total Number of MBA in Abroad Universities	1,432 (approx.)
MBA abroad cost	Tuition Fee - INR 22.86 L per year (average) Living Expenses - INR 6.13 L per year(average)
Top specializations	General Management, Finance, Human Resources, Accounting, etc.
Admission process	IELTS Score + Statement of Purpose (SOP) + Letter of Recommendation (LORs) + Resume

Also read about MBA from India or Abroad

Top 10 MBA Universities Abroad by QS Rankings

Many universities all over the world offer quality MBA programs for international students. Mentioned below is the list of the top 10 MBA universities abroad by QS:

MBA in Foreign Universities	QS Ranking (MBA) 2024
Stanford Graduate School of Business	1
Penn (Wharton)	2
Harvard Business School	3
London Business School	4
HEC Paris	5
MIT (Sloan)	6
Columbia Business School	7
IE Business School	8
Cambridge (Judge)	9
IESE Business School	10

Read more about the latest QS World MBA rankings

Top MBA Universities Abroad by THE Ranking

Mentioned below is the list of top MBA universities abroad by Times Higher Education ranking 2024:

Universities	THE Rankings (Business and Economics) 2024
Massachusetts Institute of Technology	1
Stanford University	2
Harvard University	3
University of California, Berkeley	4
University of Cambridge	5
University of Oxford	6
The University of Chicago	7
Tsinghua University	8
Yale University	9
Peking University	10

MBA Abroad Specializations

A Master in Business Administration is one of the most popular postgraduate programs among international students. One can apply for this program at abroad universities after completing an undergraduate degree. Mentioned below are the MBA abroad program specializations for international students:

MBA Abroad Specializations
General Management	Business (others)	Finance
International Business	Marketing	Entrepreneurship
Human Resources	Supply Chain	Accounting
Healthcare Management	Business Analytics	Hospitality
Project Management	Sports Management	Tourism
Economics	Media Management	Healthcare

Check the Types of MBA Specializations in Demand Abroad

MBA Abroad Fees 

Many of the best MBA colleges abroad for Indian students offer Master in Business Administration courses at an affordable fee. Students can select any of the abroad countries to pursue the MBA program. The cost of study an MBA abroad depends on the specialization and the location that you select for your studies. Mentioned below the average tuition fee and the average living cost for international students.

• The average 1st-year tuition fee of abroad universities is INR 22.86 lakh.
• The average abroad living expense is around INR 6.13/- yearly.

 Also read

Living costs in the UK	Living costs in the USA
Living costs in Canada	Living costs in Australia

MBA Abroad Eligibility

Applicants who wish to study MBA in Foreign countries must meet the admission criteria as per the universities. Applicants must submit the score of the entrance exam for MBA in Abroad. Students can study MBA in Abroad without work experience in top countries. Mentioned below are the MBA abroad eligibility for Indian students:

• Candidates are required to complete their higher academic qualifications first.
• He/she must hold a Bachelor’s degree in any discipline.
• Take the GMAT Exam to secure a seat at the top universities Abroad.
• Qualify for any of the popular English proficiency exams i.e. IELTS, TOEFL, PTE, and DUOLINGO.
• Statement of Purpose (SOP) and Letter of Recommendation (LORs).
• Resume (if required).

Read more about the MBA Abroad Eligibility and Exams for Indian Students

MBA Abroad Work Permit

Students are allowed to work in the country after completing the degree. Graduates must follow some criteria to get Post Study Work Permit abroad. This will allow them to stay and work in the country. Many Countries that give Work Permit after Study to students based on their criteria.

MBA Abroad Scholarships

Over 950 scholarships in abroad for master’s programs that students get based on the criteria. Abroad universities offer many awards and scholarships to students to manage their studies and complete the degree on a low budget.

Also read,

Narotam Sekhsaria’s Scholarships	Hani Zeini Scholarship
Global Study Awards	Rhodes Scholarship- MBA

MBA Jobs & Salaries Abroad

MBA abroad graduates get better job opportunities after completing the degree from abroad universities. Many top employers hire MBA graduates and offer them better salary packages. 

Job Profiles	Average Salary (in USD) yearly
Chief Financial Officer (CFO)	153,683
Senior Financial Analyst	85,986
Human Resources (HR) Manager	73,732
Financial Controller	93,811
Director of Operations	111,518

(Source: Payscale)

Mentioned below are the MBA abroad highest average salary according to the QS Global Employer Survey 2022:

Countries	Mean Salary
France	USD 118,500 or INR 99 L
USA	USD 117,028 or INR 98 L
Australia	USD 112,714 or INR 94.13 L
UK	USD 110,735 or INR 92.48 L
Italy	USD 99,333 or INR 83 L
Brazil	USD 68,000 or INR 56.80 L
China Mainland	USD 49,056 or INR 41 L

(Source: QS)

List of Top Publicly Funded MBA Universities Abroad

Thousands of foreign students apply for admission at publicly funded universities to pursue the MBA program. Check the below list and apply here to complete the master’s degree in business.

Universities	1st Year Tuition Fees (in INR)
University of Toronto	49.4 Lakhs
Technical University of Munich	17.3 Lakhs
University of East London	22.7 Lakhs
Arizona State University	62.5 Lakhs
The University of Melbourne	62.1 Lakhs
University of Greenwich	24.0 Lakhs

(Source: studyabroad.shiksha.com)

Top MBA Recruiters Abroad

Top MBA Recruiters Abroad
GPA Hong Kong Limited	Shenzhen LIAo Technology Co.,Ltd
Antaisolar	Gartner Inc.
Raffles Design Institute	Skytap

(Source: Jooble.org)

Student’s Visa Cost for Abroad

Are you looking to study MBA Abroad? Then it would be best to have a Students Visa to study abroad as it is the basic requirement for admission to universities abroad. Every country has laws that students must follow to study the program. In European countries the student visa costs 90 Euros, in Canada it costs CAD 150, in the USA the student visa fee is USD 185 for all three types of visas, in Australia the student visas cost around INR 5,000 - INR 6,000. It is always recommended that the applicants check the fee while applying for the student visa application and prepare themselves accordingly so that they can pay in time. 

Also check MBA v/s MIM

Chandra Shekhar Singh Sengar05-14-2024 14:34