Eligibility Criteria for MBA From Abroad
The following prerequisite conditions must be met in order to apply for admission to MBA programmes at foreign universities:
A applicant must have earned their bachelor’s degree from an accredited university in any area.
Score on the GMAT or GRE Letter of Recommendation from Faculty (required)
Objective statement or internship certificate.
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United States of America (USA)
The USA is without a doubt one of the finest countries for MBA candidates because it created the degree. The majority of the top-ranked business schools and management universities are found in the US. Every year, more than 100,000 MBA graduates are produced in the nation. Here are the top five business schools in the US:
Business School at Harvard
Booth School of Business Wharton School of Business Kellogg School of Management Stanford Graduate School of Business
Due to its flexible educational system, range of academic specialties, prospects for internships and careers at top firms, high level of employability, and other good aspects, the US is recognised as the ideal location for MBA applicants. Although all MBA streams can be completed at its B-schools, general management, marketing, and finance are the most well-liked by students. A US MBA programme typically costs between Rs. 60 lakhs and Rs. 1 crore.
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Stay Back Period After MBA in the USA
Graduates of an MBA programme in the USA may remain in the nation for up to 60 days, or two months. You can utilise that time to hunt for a respectable employment.
Business School in London
Cambridge Judge Business School, it was said
Warwick School of Business
School of Business at Manchester
More than 20,000 students sign up for MBA programmes all throughout the UK each year. The core MBA and executive MBA are the highest paying fields, and the nation has a dire need for skilled managers. Its B-school tuition ranges from Rs. 30 lakhs to Rs. 80 lakhs.
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Stay Back Period After MBA in the UK
Graduates from MBA programmes in the UK are permitted to stay for up to two years after graduation.
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Canada
Canada is a popular travel destination for young people from India and is home to several thriving companies and sectors. The nation’s multicultural atmosphere, strong employment rate, world-class academic standards, and affordable education are all contributing factors to its ranking. Here are Canada’s top five business schools.
Management School at Rotman Sauder Business School
Ivey Business School Queen’s School of Business Schulich School of Business
Numerous thousands of students travel to Canada each year to study management. The typical cost of an MBA programme in this country is between Rs. 25 and Rs. 60 lakhs, with the executive MBA degree being slightly more expensive. All management streams, including general, human resources, finance, and operations, have a lot of opportunity in the nation.
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Stay Back Period After MBA in Canada
Graduates from MBA programmes in Canada are permitted to stay for up to three years after graduation.
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Australia
Australia is the greatest country to study MBA at a reasonable cost because of its friendly workplace culture and entrepreneurial spirit. The nation’s educational culture encourages and welcomes immigrants while also guaranteeing management programmes of the greatest calibre. The following Australian institutions rank among the top business schools worldwide:
School of Business in Melbourne
Business School of UNSW
Business School of Sydney
Business School at QUT
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Stay Back Period After MBA in Australia
Graduates from MBA programmes in Australia may remain for up to 15 to 24 months after graduation.
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Singapore
Singapore, one of the best business destinations in the world, is the first Asian nation to make the list of the top 10 countries for MBA. The financial centre for significant banks and multinational corporations is there. In addition, an MBA in Singapore is financially feasible given that comparable programmes typically cost between Rs 15 and 30 lakhs. Numerous overseas students enrol each year in MBA programmes at Singapore’s premier universities, including:
INSEAD
Nanyang College
University of Singapore Management National University
In Singapore, the most sought-after management programmes are the global and executive MBA. Most of the students here start their careers in the field of international business after earning their degrees.
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Stay Back Period After MBA in the USA
Graduates of MBA programmes in the US are permitted to stay for a period of one to three months after graduation.
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Germany
Germany, the economic engine of Europe, is a world leader in the manufacturing, electrical, and automotive sectors. The nation gives technological advancements a high value. Germany stands out from the rest of the world due to its application-focused educational philosophy. The following are the top-ranked business schools in the nation:
European Business School
Business School of Munich
Technical University of Munich’s Frankfurt School of Finance & Management
Reutlingen College
Another affordable option for MBA candidates is Germany, where the programme fee is only Rs. 6–10 lakhs. For management degrees, thousands of aspirants move to Germany. The country continues to provide executive MBA programmes and financial management streams due to the presence of some of the largest businesses and banks.
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Stay Back Period After MBA in the USA
Graduates of an MBA programme in the United States are permitted to stay in the nation for up to 18 months (1.5 years).
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France
The first nation in Europe to provide MBA programmes was France. Since that time, the nation has continued to provide management graduates a profitable and challenging job market. An Executive/Global MBA degree from France is a superb choice. One of the best MBA programmes is offered by one of the following business schools:
INSEAD ESSEC Business School HEC Paris
Emlyon School of Business
The country’s business schools have a wide variety of fees, ranging from Rs. 10 to 30 lakhs. France is gaining popular among management aspirants due to its inexpensive MBA programme. Every year, the nation produces thousands of MBA graduates. Students who complete an MBA are placed in the luxury goods, automobile, and technology industries.
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Spain
Spain is the next best country for an MBA in finance, and it is a land of cities with successful financial hubs. Although the nation is well known for its artistic and cultural endeavours, it also holds the distinction of having more business schools than any other country in Europe. Admission to a college in Spain is very simple compared to other nations. Although the B-schools in this country provide a wide range of MBA specialisations, the global and marketing disciplines are heavily weighted. Its top management institutions are listed below:
Business School IESE
European Business School
Business School IESE
Business School ESADE
Business School ESERP
Many thousands of foreign students go to Spain to study management. From a minimum of Rs. 15 lakhs to a maximum of Rs. 70 lakhs, the cost of an MBA from Spain varies greatly amongst colleges. The MBA graduates enter Spain’s energy, tourism, technology, and other prosperous industries.
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Netherlands
The Netherlands, a kind and friendly nation, takes pride in having one of the highest rates of new firms in Europe. Nearly 90% of the 1 lakh overseas students in the nation attend management institutions. The Netherlands attracts management candidates because of its diverse workplace and premier international corporations. The top business schools in the Netherlands are listed below:
Erasmus School of Management in Rotterdam
The School for Business and Society at The Hague University of Applied Sciences
An MBA programme in the Netherlands typically costs between Rs. 10 and 40 lakhs. The leading colleges in the nation provide an executive MBA in a variety of specialisations. The Netherlands’ food, healthcare, and other science industries are in great demand for managers.
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South Korea
More than ten of the world’s top institutions are located in South Korea, which is renowned for its academic and research prowess. Exports, electronics, IT, and transportation are among the booming industries in the nation. One lakh foreign students choose to pursue higher education in South Korea. Korean institutions offering MBA programmes:
Korea University Business School SNU Graduate School of Business KAIST College of Business SKK Graduate School of Business
The average cost of an MBA programme in South Korea is between Rs. 20 and 40 lakhs. The school system and employment possibilities in the nation are heavily skewed towards the finance and technology industries. Here, the leading management schools’ curricula have incorporated a multidisciplinary approach.
The majority of foreign universities and institutions prioritise a candidate’s employment history and talents over their academic records. passed a specific entrance exam, such as the GMAT, GRE, TOEFL, IELTS, etc., in order to apply for admission to these universities. To be admitted to the most famous management colleges in the world, one must have a stellar resume, strong abilities, and relevant experience.
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Conclusion
Indian students who complete an MBA abroad are hired by prestigious corporations like Apple, Google, Facebook, JPMorgan, Deutsche Bank, etc. The average income package for MBA graduates is Rs. 50 lakhs per year, and they will have many prospects for progression in their future careers. Product manager, brand manager, financial analyst, data processing manager, business analyst, chief financial officer, and a long list of other positions are available.
It should be mentioned that the majority of business schools worldwide provide part-time and online programmes for working people. activities, and internships. Visit leapscholar.com for more thorough information and professional advice about the best countries for MBA.
We sincerely hope you enjoyed reading this list of the top nations for MBA study abroad.
