MBA Abroad: Eligibility, for Indian Students, Fees, Exams, Colleges, Duration, Jobs

MBA Abroad is a popular option for students looking to study management in a different country. A few of the popular countries for MBA are the US, the UK, Germany, Canada, France, Italy, etc. The fees for an MBA abroad can range from INR 80 Lakhs to even a few crores. The candidates have the option of availing of various financial benefits through the various MBA scholarships, loans, and institute-specific scholarships.

MBA Abroad admissions are conducted on GMAT/GRE scores and performance in language proficiency tests such as TOEFL and IELTS. Further eligibility parameters include a bachelor's degree with 50% marks in business or a related field from a recognized university and a work experience of 3 to 5 years. 

In this regard, MBA Finance is the most desired specialization for students who prefer to study MBA Abroad. The specialization offers high returns which range from INR 25,00,000 to INR 50,00,000 during the starting years.

Read: MBA Fees

MBA Abroad: Quick Facts

MBA Abroad Eligibility A bachelor's degree with at least 50% marks in business or a related field from a recognized university and a work experience of 3 to 5 years
Best Countries to Study MBA Abroad USA, UK, Canada, Australia, Germany
MBA Without Work Experience Anglia Ruskin University, Coventry University, University of West London, etc. consider MBA Admission abroad without work experience also
MBA Abroad Cost INR 80 lakh and even a few crores (USD 100,000 to USD 200,000)
MBA Abroad Admissions One needs to essentially crack GMAT, along with required language proficiency tests like TOEFL and IELTS

MBA Abroad

All About MBA Abroad

MBA Abroad is available in various specializations and is a globally recognized degree that offers the opportunity to work at leading companies worldwide. With a course curriculum designed according to your needs, you can choose to pursue MBA Abroad full-time, part-time, distance, or online.

Why Study an MBA Abroad?

Pursuing MBA Abroad offers you the opportunity to have a globally recognized degree and explore job opportunities abroad with a higher salary, and career growth. Here we have listed some of the top reasons why you should consider pursuing an MBA Abroad:

  • Globally Recognized Colleges: MBA Abroad offers you the opportunity to pursue an MBA from top economically developed countries like USA, UK, Australia, Germany, and others.
  • Varied Specializations: MBA Colleges Abroad offer various MBA specializations to choose from. You can pursue these specializations in full-time, part-time, online, and distance mode at your convenience.
  • Practical Approach of Study: The MBA Abroad course curriculum is designed in such a way that it focuses more on the practical aspects and applications of business and management and takes much less time to prepare for your MBA career abroad.
  • World Wide Recruiters: The scope of an MBA Abroad is immense, as it offers you the opportunity to work with companies worldwide. You can pursue jobs at Amazon, Google, Intel, or BCG in any country you want to.
  • Huge Funding Options: As the cost of pursuing an MBA from abroad is high, there are plenty of MBA scholarships available for assistance.

Why Study MBA in Abroad?

MBA Abroad vs MBA in India

There is a huge difference between pursuing an MBA from abroad and an MBA in India. Here are a few of the major parameters based on which MBA Abroad vs MBA India are differentiated.

Parameters MBA Abroad MBA India
Top Colleges The Wharton School, London Business School, HEC Paris, IESE Business School, Melbourne Business School, etc IIM Bangalore, IIM Ahmedabad, XLRI Jamshedpur, MDI Gurgaon, SPJIMR Mumbai, etc
Duration 1 to 2 years 2 years
Average Fees (INR) 20 Lakhs to 80 Lakhs 12 Lakhs to 30 Lakhs
Eligibility Must have a bachelor’s degree in business or a related field and work experience of 3 to 5 years. Must hold a graduate degree in any stream from a recognized university.
MBA Entrance Exams GMAT CAT/MAT/XAT/CMAT/GMAT
Language Proficiency Test TOEFL and IELTS None
Work Experience 3 to 5 years 2 years
Average Annual Salary (INR) 18 to 60 Lakhs 5 to 25 Lakhs

MBA Abroad Salary

What is the Admission Process for MBA Abroad?

MBA Abroad Admissions are based on GMAT, TOEFL, and IELTS scores. Prerequisites for MBA Abroad include a bachelor’s degree in business and a work experience for at least 4-5 years. The details of which are discussed in the sections below:

MBA Abroad Requirements & Eligibility

Studying MBA Abroad can seem a little complex in terms of various criteria to be fulfilled. 

Therefore, to ease out the complexities, below are the common MBA Abroad eligibility criteria to follow:

  • Academic Requirements: Any candidate willing to pursue an MBA from a foreign country must possess a bachelor's degree in business or any related field of study from any recognized university.
  • Work experience: 3 to 5 years.
  • Language Proficiency: One of the vital MBA Abroad criteria is to be proficient in the language of the specific country from where one wants to pursue their MBA.

What are the MBA Abroad Prerequisites?

Following are some of the essential points to keep in mind for the MBA Abroad admission process:

  • Documents Required: The essential documents required for MBA admission abroad are a current resume, a letter of recommendation, official transcripts, a current photo for ID, a valid national passport, and a visa.
  • Essay: Individuals are required to write about their past experiences, aspirations, strengths, weaknesses, etc to help the authorities understand a little about their personality and past experiences.
  • MBA Abroad Exams: Students interested in doing their MBA internationally will have to mandatorily appear for the GMAT or Graduate Management Admission Test. This test is a compulsory requirement for MBA admission in foreign colleges. The score ranges from 200-800 and may vary depending on the university one chooses.
  • Language Proficiency Test: TOEFL and IELTS are the language proficiency tests to be cleared by the students willing to study MBA abroad. There are three sections in both TOEFL and IELTS listening, speaking, reading, and writing. 
  • University Entrance Exams: Many universities may conduct their entrances to check the ability of international students. Clearing these exams is important as these will serve as the gateway to their admission to their dream college.  
  • MBA Interview: This is the final hurdle one has to cross to secure admission. The mode of interview may vary depending on the university, but questions are generally based on past work experiences, future goals and perspectives, etc.

MBA Abroad Without GMAT

To pursue MBA Abroad without a GMAT, one must have the following:

  • Good academic records
  • A strong resume
  • A work experience of more than 5 years.

The following table shows some of the top Universities offering MBA Abroad without GMAT requirements, along with the country and average fees.

Colleges Country Average Fees (INR)
Kellogg School of Management USA 75,96,660 
Anderson School of Business USA 48,83,350 
Kenan-Flagler Business USA 49,74,300 
Sobey School of Business Canada 23,41,950 
Lazaridis School of Business and Economics Canada 24,75,000 
Schulich School of Business Canada 29,27,250 
Australian National University Australia 24,77,775 
Melbourne Business School Australia 45,45,390 
Monash University Australia 22,32,978 
Macquarie Graduate School of Management Australia 20,29,980 

MBA Abroad

Without Work Experience

Countries like the USA, UK, France, Australia, and Germany offer MBA Abroad without work experience.

To pursue an MBA Abroad without work experience, candidates must fulfill the following requirements:

  • A strong GMAT scores
  • Good academic records
  • A strong personal letter 

Tabulated below are some of the top colleges offering MBA Abroad without work experience, along with the country and average fees.

Colleges Country Average Fees INR (USD)
Chicago Booth School of Business USA 54,00,000 
Haas School of Business USA 48,48,900 
University of Northampton UK 14,38,125 
University of West London UK 12,67,500 
Coventry University UK 15,32,850 
Monash University-Graduate School of Business Australia 22,77,000 
Graduate School of Business and Law, RMIT Australia 24,93,000 
The University of Windsor Canada 15,52,500 
Thompson Rivers University Canada 17,19,600 
Brock University Canada 17,29,650 

What is the Syllabus for MBA Abroad?

The MBA Abroad syllabus is usually divided into 2 years and each semester is known as fall and spring. 

Students are asked to pursue the required curriculum for the first year and in the second year, one is asked to choose from various electives given by universities. 

MBA Abroad: Subjects

The table below shows the general MBA Syllabus for MBA abroad, but it may vary depending on the country and university one selects. 

Year 1 (Fall Semester) Year 1(Spring Semester)
Finance 1 Finance 2
Financial Reporting and Control Business, Government, and the International Economy
Leadership & Organizational Behavior Strategy
Marketing The Entrepreneurial Manager
Technology & Operations Management Leadership and Corporate Accountability
Interpersonal Skills Development Lab FIELD Global Immersion
Short Intensive Programs -
Year 2 (Electives)
Accounting and Management Business, Government & the International Economy
Finance Entrepreneurial Management
General Management Negotiation, Organizations & Markets
Marketing Organizational Behavior
Strategy Technology & Operations Management

MBA Abroad Course Content

The syllabus In MBA courses in Abroad countries is almost similar but the quality of education is higher.

MBA Abroad Syllabus: Core Subjects

Customer Relations Business Research
Customer Behaviour Accounting and Finance
Business Management Entrepreneurship
Entrepreneurship Project Strategic Management
Marketing Management Contemporary Management
Business Economics Human Resource Management
Operational Management Managerial Economics
Business Law and Ethics Applied Statistics

MBA Abroad Syllabus: Elective Subjects

The elective subjects vary depending on the college you apply for, but here is a list of common elective subjects you can choose from.

Managing Markets Advanced Finance
Insurance Data Analytics
Strategy Corporate Sustainability Strategy
Basic Excel for Data Management Risk Management
International Insurance Laws Integrated Reporting

What are the MBA Abroad Specializations?

There are plenty of specializations that one can avail of when pursuing an MBA abroad from international B-schools. 

  • Starting from most pursued MBA Specializations in Marketing, Finance, Human Resources, Supply Chain Management, and Hospitality to offbeat specializations in Sports and Entertainment, abroad is a lot of variety to choose from. 
  • The eligibility, admission process, and duration of MBA Abroad in any specialization are the same as a general MBA Abroad.

So we have tabularized below the list of popular MBA specializations available abroad, along with a few colleges offering the same.

MBA Abroad Specialization Fees

MBA Abroad Cost

MBA abroad costs vary from country to country. For instance, Germany offers MBA Abroad at a low cost but the cost of MBA Abroad in countries like the US, UK, and Canada are preferrably high. 

Check the country-wise MBA Abroad cost to have a better understanding.

Country Average Annual Fees (INR)
USA 60 Lakhs –  80 Lakhs
Canada 15 Lakhs –  60 Lakhs
Germany 40 Lakhs
UK 20 Lakhs –  65 Lakhs
Australia 12 Lakhs –  30 Lakhs
Ireland 10 Lakhs –  29 Lakhs
New Zealand 15 Lakhs –  25 Lakhs
Singapore 45 Lakhs –  65 Lakhs

MBA Fees in Top Countries

MBA Abroad Scholarships

Studying a course like an MBA from foreign countries like the US, UK, Canada, Australia, etc can seem challenging in terms of generating funds for any international student. But no one needs to worry as plenty of MBA Abroad Scholarships are available to study MBA abroad. 

Some of the popular MBA Abroad scholarships are mentioned below.

Scholarship Name Number of Scholarships Type of Scholarship Reward (INR)
Ontario Graduate Scholarship 22 Merit-based 8, 23,000
Australia Awards Scholarship 1985 Merit-based Variable
GREAT Scholarship 103 Merit-based 9,46,000
Go Clean Scholarship 1 Merit-based 2, 64,000
Debesh Kamal Scholarship - Merit-based 1,05,329
Forte Fellowship 3 Merit-based 18,63,000
Hubert H. Humphrey Fellowship Program 150 Merit-based Variable
BrokerFish International student scholarship 1 Merit-based 75,690
Heinrich Boll Scholarships 1200 Merit-based Variable
MBA Entrepreneurial Scholarship 1 Merit-based Variable

Top MBA Colleges Abroad With Fee Structure

Pursuing an MBA Abroad from an international country is a dream to many, but the dilemma arises in selecting the best country and university to study the program. 

So here are a few of the top MBA abroad colleges, as per QS Global MBA Rankings, along with their location and annual fees charged.

QS Global MBA Ranking University Name Location Annual Average Cost (INR)
1 The Wharton School United States 1,23,79,221 
1 Stanford Graduate School of Business United States 1,13,64,276 
3 INSEAD Singapore 76,05,000 
3 MIT Sloan United States 1,17,38,760 
5 Harvard Business School United States 1,11,71,692 
6 London Business School United Kingdom 82,90,540 
7 HEC Paris France 49,19,000
8 The University of Chicago Booth School of Business United Kingdom 91,26,000 
9 Haas School of Business United States 87,45,750 
10 Kellogg School of Management United States 57,03,750 

Read More:

MBA in USA

MBA in the USA requires more than 90% in academics and a 700+ GMAT score. The USA has more than 500 colleges providing MBAs to foreign nationals. The fees for studying MBA in the USA are between INR 50 Lakhs to 1 Crore. The duration of an MBA in the USA is 2 years. The Admission takes place mainly in Fall or September. Below mentioned are some of the top MBA colleges in the USA.

Name of the College Duration GMAT Scores Average Fees (INR)
University of Pennsylvania Wharton 1 to 2 years 710 1,23,79,221 
Harvard Business School 1 to 2 years 730 1,11,70,692 
Stanford Graduate School of Business 1 to 2 years 737 1,13,64,276 
MIT Sloan 1 to 2 years 724 1,17,03,876 
Columbia Business School Equal to or more than 3 years. 717 1,17,77,437 
Global Management Programme From SP Jain 1 to 2 years     690 70,00,000

The average annual salary of these professionals in the USA ranges from INR 80 lakhs to 10 crores.

MBA in the UK

MBA in the UK is available in more than 120 colleges. specialization available in the UK includes health management, international business, finance, marketing, economics, etc. London Business School is home to more than 70% of international students. As per the top 50 Global MBA Rankings by QS, there are 14 MBA colleges in the UK. Following are the top universities of the UK offering MBA.

Name of the College Duration GMAT Scores Average Fees (INR)
London Business School 1.25 years 701 82,90,540 
Cambridge Judge Business School 1 year 640-730 53,75,929 
Said Business School 1 year 690 56,10,718 
Warwick Business School 1 year 660 38,15,017
Alliance Manchester Business School 1 year 600+ 41,49,833 

The scope of pursuing an MBA from the UK can be huge as the UK economy is in immediate need of 1.9 million managers with new skills and ideas. The average salary of these officials ranges from INR 65 Lakhs to 3 crore. 

MBA in Canada

Admission for MBA in Canada takes place in March. MBA in Canada is available in more than 45 colleges and Universities. Canada has been inviting citizens from other countries and thus there has been increasing in International students in the last couple of years. Students need a 600+ GMAT score along with work experience to study MBA in Canada. MBA in Canada for Indian students can cost between INR 35 Lakhs to 70 Lakhs. Check out the following top colleges offering MBA in Canada 

Name of the College Duration GMAT Scores Average Fees (INR)
Rotman School of Management 2 years 669 33,91,287
Desautels Faculty of Management 1 year 660 55,90,410 
Ivey Business School 1year 667 67,02,787 
Smith School of Business 1year 654 54,16,993 
Schulich School of Business 2 years 660 29,68,621 

With an average annual salary of INR 60 lakhs to 5 crore, Canada has good employment scopes for these graduates.

Read More:  MBA in Canada

MBA in Germany

MBA in Germany is available in more than 130 colleges and the duration of the course ranges from 1-1.5 Years. Colleges in Germany require GMAT/GRE scores along with Language proficiency tests. Some MBA colleges in Germany ask for 2+ years of work experience. The average cost of an MBA in Germany is between INR 20 Lakhs to INR 35 Lakhs.

Check out the below-mentioned colleges offering MBA in Germany.

Name of the College Duration GMAT Scores Average Fees (INR)
Mannheim Business School 1 year 600 33,61,852
Frankfurt School of Finance and Management 1 year 660-730 32,08,210 
WHU-Otto Beisheim Graduate School of Management 1 year 600 34,22,700 
European School of Management & Technology (ESMT) 1 year 640 20,00,378
European Business School 1 to 2 years 550 32,32,550 

With a rise in MBA employment by 7% in Germany in  2018, these aspirants are offered an annual average salary of INR 45 lakhs to 2 crores. 

MBA in Australia

MBA in Australia is available in more than 50 Universities. The average course fee ranges from USD 40,000 to USD 63,000 but many scholarships will soften this blow. Students need to have 2-3 years of work experience along with 50-60%in graduation. Students have to sit for language proficiency tests but GMAT is not mandatory for all the colleges providing MBA in Australia. 

Here are a few top MBA offering B-schools in Australia.

Name of the College Duration GMAT Scores Average Fees (INR)
Melbourne Business School 1 year 650 47,00,508 
AGSM 16 months 660 44,08,437 
La Trobe Business School 18months 600 or more 21,09,752
Monash Business School 2 years 600 or more 23,09,181 

The annual average package for such professionals in Australia ranges from INR 30 to 80 lakhs.

MBA Abroad Courses at Low Cost

MBA abroad is not at all a cheap option. The course generally costs the candidates at least around INR 30-50 lakhs in tuition fees and INR 10-12 lakhs as living expenses. However, there are some countries that allow candidates to pursue MBA courses at a low cost. Let us see the list of the following countries that offer MBA Abroad at Low cost

France

France offers MBA Courses at an affordable cost of INR 12,30,000-INR 27,00,000 per annum. The average cost of living is also comparatively low at INR 49,000 per month.. Some of the top Universities that offer MBA programs in France are The American Business School, Paris, Paris School of Business, Rennes School of Business, etc.

Netherlands 

The MBA Courses offered by the universities of the Netherland are fairly affordable with the average fees ranging between INR 9,90,000 – 26,00,000. The cost of living is moderate with the average cost between INR 50,000-INR and 66,000 per month. Some of the popular Colleges Offering the MBA in the Netherlands at low cost are Saxion University of Applied Sciences, The Hague University of Applied Sciences, Hanze University of Applied Sciences.

Check Out: MBA in the Netherlands

Germany 

MBA Abroad at a low cost can also be pursued in Germany. In order to study MBA in Germany, the candidates will have to pay fees between INR 16,00,000-INR 27,00,000. The college offering the MBA program in Germany at low cost are Berlin School of Economics & Law, University of Hamburg, Humboldt Universität Zu Berlin, etc

Online MBA Colleges Abroad

Online education is constantly growing particularly in times like now when the world is going through the Pandemic. An online MBA degree gives the aspirants an opportunity to combine academic knowledge with practical business management while having a flexible study schedule within a supporting structure.

Online MBA Programs: Low Cost

Online MBA Programs: Expensive

MBA Abroad After CA

Chartered Accountant is a specialization cum certification course after which you can work as chartered accountants for all the reputed companies and audit firms. 

To be eligible for MBA Abroad after CA, you need to have 12+ 3 years of education, which means students who did not pursue BCom or any other degree before CA are not eligible to apply for MBA Abroad.

In addition, you need to have work experience of more than 4-5 years after pursuing CA to be eligible for MBA Abroad programs.

Many students want to pursue MBA Abroad after CA, for better job opportunities and higher salary packages. The top reasons why you should consider pursuing MBA Abroad after CA are listed below:

  • Career Switch: CAs can switch from accounting and finance to other specializations like HR or marketing if they pursue MBA Abroad.
  • Knowledge of Business Worldwide: MBA Abroad after CA will help you gain a better knowledge of business and management worldwide, which will help you find better and more diverse job opportunities where you can utilize your business and finance knowledge.
  • Career Prospects Abroad: CA degree is one of the highly reputed degree programs in India, however, if you pursue MBA Abroad after CA, you have better chances of finding suitable jobs at your dream salary package with a diverse range of job profiles to choose from in developed countries such as USA, UK, Canada, Germany, and Australia.
  • Personal Growth: CA builds a strong foundation of accounts and finance whereas MBA helps you gain knowledge of the corporate world. Team building, communication, decision making, etc. are some of the abilities that you will learn in Business Schools abroad.

What after MBA Abroad?

One of the main reasons for students pursuing MBA abroad is to get a high-paying job in a top reputed company, which will allow them to make their career bloom.

  • After getting the degree successfully, students can explore the sectors like Information Technology, Human Resource, Finance, Real Estate, Sports, Entertainment, Sales, Banking, Health care and more by being a Manager.
  • The average salary of the MBA professionals with an abroad degree ranges from INR 40 lakhs to 5 crores in international countries like the USA, UK, Canada, Germany, etc
  • Every year these graduates get chances of working with top recruiters like Apple, JP Morgan, Deloitte, Bain & Company, Amazon, McKinsey, etc.

MBA Jobs Abroad

Mentioned below are some of the top MBA abroad jobs, along with a range of packages offered depending on the country one opts.

Job Roles Description Average Annual Salary (INR)
Business Development Manager These managers are the ones who ensures to develop the business in every possible way. Starting from client to market handling, they perform all the related duties. 76 Lakhs to 13.68 Crores
Assistant B.D. Manager They are closely associated with the senior BD of the company and helps them by performing their job in related and required fields. 38 Lakhs to 68.45 Lakhs
General Manager There is no specified area for these managers and they are supposed to manage every aspect of the company, as and when required. 54 Lakhs to 13.70 Crores
Project Manager A company runs various projects and these professionals must be in charge of these projects and ensure successful completion of the same. 45 Lakhs to 11 Crores
Strategy Manager These officials are the one who works day in and out to prepare plans and ideas to help the organization grow and to make the goals the same. 8 Lakhs to 16 Crores
Marketing Manager The one who handles every aspect of the market is a Marketing Manager. The one who represents the brand in the market 4.50 Lakhs to 10.50 Crores
Consulting Manager Consulting managers are the one who looks after various issues faced by the employees and the company. Consulting is the method by which these professionals solve any issue. 48 Lakhs to 12 Crores
Operations Manager To ensure a smooth operation of work in any organization by keeping all the factors in mind is their day-to-day job. 41 Lakhs to 11 Crores

MBA Specialization Wise Salary

MBA Salary in Top Countries

We have tabulated the annual average packages offered by some of the top countries to these professionals with an MBA abroad degree.

Country Annual Average Salary (INR)
USA 46 Lakhs to 14.45 Crores
Canada 41.6 Lakhs to 12.16 Crores
Germany 38 Lakhs to 12 Crores
UK 75.28 Lakhs to 16.5 Crores
Australia 48 Lakhs to 7.6 Crores

MBA Salary in Top Countries

MBA Abroad: FAQs

Ques: What is the eligibility criteria to pursue an MBA Abroad?

Ans: The eligibility criteria to pursue MBA Abroad is to have a bachelor's degree from a recognized university. One needs to also have work experience of 3 to 5 years.

Ques:  Can I get scholarships to pursue an MBA in Abroad?

Ans.  The Applicant has to fulfill the eligibility criteria to claim the MBA scholarship.

Ques: What are the scholarships available for an MBA in the USA?

Ans. The list of scholarships a candidate can get to pursue an MBA in the USA are:

  • Harvard MBA Scholarship
  • Wharton Fellowship Program
  • Columbia Business School Scholarship
  • Kellogg MBA Scholarship
  • MIT Sloan MBA Scholarship and more

Ques: Is GMAT compulsory for the admission of MBA Abroad?

Ans: Yes, GMAT is compulsory to get admission into top foreign universities. However,  Anglia Ruskin University, Coventry University, University of West London, and a few more do consider admissions for MBA Abroad without a GMAT.

Ques: What are the language proficiency tests required for admission to MBA Abroad for Indian students?

Ans: TOEFL and  IELTS are the two major language tests to be cracked by the aspirants willing to study MBA Abroad. However, to get into any  German universities, one also needs to crack German language proficiency tests for MBA Abroad admission.

Ques: What are some of the best countries to study MBA Abroad and work?

Ans: Some of the test countries to study MBA Abroad and work are the USA, UK, Germany, Canada, and Australia.

Ques: What are the types of MBA one can pursue abroad?

Ans: Apart from the regular MBA, one can pursue an Executive MBA, Online/ Distance MBA and Part-time MBA.

Ques: Are there various types of specializations available abroad for an MBA?

Ans: Yes, international countries have various specializations of MBA to choose from and some of them are Marketing, Finance, Supply Chain Management, Project Management, and Human Resource Management.

Ques: What is the cost of studying MBA Abroad for Indian Students?

Ans: The cost to study MBA Abroad for Indian Students may range from INR 40 to 90 LPA.

Ques: How much can one earn after getting an MBA Abroad degree?

Ans: One can earn from a range of INR 40 to even crores.

Ques: Are there scholarships available to study MBA Abroad for Indian Students?

Ans: Yes, plenty of scholarships are available to study MBA Abroad for Indian Students and some of them are Go Clean Scholarship, the Debesh Kamal Scholarship, the MBA Entrepreneurial Scholarship, etc.

Ques: What are some of the major differences between an MBA abroad vs India?

Ans: To pursue an MBA Abroad one needs to crack language proficiency tests and must have good work experience, which otherwise is not required to pursue an MBA in India.

Ques. Can I pursue an MBA Abroad after Btech?

Ans: Yes one can pursue MBA Abroad after Btech.

Ques. Can one pursue an MBA Abroad after CA?

Ans: Yes we can pursue MBA Abroad after CA.

Ques: Which language proficiency tests are required for admission to MBA Abroad for Indian students?

Ans: TOEFL and  IELTS are the two major language tests to be cracked by the aspirants willing to study MBA Abroad. However, to get into any  German universities, one also needs to crack German language proficiency tests for MBA Abroad admission.

Ques: What are some of the best countries to study MBA Abroad and work?

Ans: Some of the best countries to study MBA Abroad and work in are the USA, UK, Germany, Canada, and Australia.

Ques: Can a middle-class India afford an MBA abroad?

Ans: The cheapest place to study MBA from abroad is Ireland. But if you are willing to study at an American university, then there are scholarships available to help you fulfill your dream. To avail of the scholarship, you need to have an excellent GMAT score. Students can also opt for graduate assistantships where they will earn a stipend in return for their service to the university.  

Ques: Can I study MBA Abroad without work experience?

Ans: Yes, countries such as Canada, Sweden, and Germany provide MBA abroad without work experience.  

Ques: Is it possible to pursue an Online MBA from an Abroad University?

Ans: Yes, some of the top abroad universities for Online MBA are:

  • Fitchburg State University
  • University of Massachusetts Lowell
  • Texas Southern University
  • Oklahoma State University

Master of Business Administration [MBA] : 738 answered questions

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Ques. Is it worthwhile doing an MBA in UPES Dehradun?

● Top Answer By Akriti Banerjee on 03 Aug 23

Ans. Every B-school has its unique strengths and so does UPES Dehradun which is famous for its domain-specific MBA. If you are willing to pursue an MBA in oil and gas, power management, or energy trading, choosing UPES Dehradun will be the right decision. It offers a plethora of opportunities in these domains and the ROI is also great. There are some industry-specific courses too but their placements are just average. The best part about UPES is the diversity of the crowd. You will get the chance to interact with people from various backgrounds such as law, management, engineering, and design thus enhancing the learning experience manifolds.  Ultimately, I will suggest you go for UPES Dehradun only if you are planning to pursue a domain-specific MBA, else you can go for better B Schools.Read more
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Ques. Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?

● Top Answer By Harshita Sinha on 30 Apr 22

Ans. IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.  The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements. Read more
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Ques. I joined SBI as a PO in 2015 and currently a scale 2 officer. Is it wise to leave SBI for an MBA from NMIMS Mumbai, SIBM Pune or MDI Gurgaon? Also, I do not want to continue in SBI.

● Top Answer By Rahul Pandey on 17 Aug 20

Ans. Since you do not want to continue with SBI due to whatever reasons, so it would be a better option to follow what you want to and don’t continue in your job. Now, you have three options to choose what you want to do:- You can resign your current job and search for a job in a private bank. This option might not be a feasible one as the entry-level pay at SBI is much more lucrative than other banks. Your experience might not be valued in case you do not have much of it. You can go for an MBA from NMIMS Mumbai, SIBM Pune, or MDI Gurgaon. In this case, your experience will be valued during the placement process and you will be an eligible contender for middle management jobs in private banks and you may also explore new fields like corporate finance or trade finance. The other option is to wait for two more years of experience and pursue a one-year MBA provided you are ready to continue in SBI for two more years. Furthermore, there are other factors as well like GMAT score you get after two years.Read more
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Ques. What is MBA salary in India?

● Top Answer By Disha Sinha on 27 May 22

Ans. MBA salary of a B-Schol graduate in India is proportional to their qualification and experience. It also depends on other factors like Almameter of the candidate, MBA specialization, industry, designation, etc. The MBA average salary for the topmost B-School in the country is as follows. Name of the institute  MBA salary(in INR) IIM Ahmedabad  26.13 LPA IIM Bangalore  33.8 LPA IIM Calcutta 26.24 LPA IIM Lucknow 26 LPA FMS Delhi  32.4 LPA XLRI Jamshedpur 30.73 LPA MDI Gurgaon 26.07 LPA SPJIMR Mumbai 23.6 LPA  IIFT Delhi  25.16 LPA.  MBA salary depends a lot on specialization as well. Among the specialization, Marketing and Finance offers better placements. Read more
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Ques. How good is KJ Somaiya (SIMSR) for doing an MBA in India?

● Top Answer By Aditya Shah on 25 Apr 22

Ans. As a B-School, KJ Somaiya has certain factors which are advantageous, such as location, ROI, alumni base. Since Mumbai is the corporate hub of India, the college easily attracts many companies. SIMSR has a huge alumni base with people working at imminent positions in the corporate world.  However, it doesn’t come under the top B-Schools in India. SIMSR brand doesn’t have much recognition. Although it attracts many companies, the placement average isn’t at the same level as top B-Schools. KJ Somaiya placements 2022 had an average CTC of INR 10.95 LPA. Read more
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Ques. Is NMIMS a good college for an MBA?

● Top Answer By Akriti Gupta on 12 Sept 23

Ans. Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you  Pros The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked. Its location gives it leverage in establishing healthy industrial relations. The parity of the faculty cannot be doubted as they deliver excellent lectures. The academics are much more than just bookish language as students are made to solve Case-based studies. The food served in the canteen is quite good. Students get the chance to participate in lots of competitions and earn well, or get PPI. Cons : NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai. Hostel faculties for only limited students  A few faculties have no interest in teaching.  The placement stats are inflated and thus misleading.  The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education. There is a huge gap between the administration and the students.  Easy entrance exam affects the quality of the crowd. So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.Read more
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Ques. I completed my BBA two years back and now I have 2 years of work experience. I did a distant PGDM from NMIMS. If I clear the CAT this year, should I go for a regular MBA?

● Top Answer By Varsha Roy on 27 Jun 21

Ans. Since you already have a work experience of 2 years you should go for an executive program from a reputed institute rather than doing any regular program. You should never hold your career because of continuing with a regular MBA program rather than you should choose an executive program. For the executive program, you can choose a 1-year global MBA degree in collaboration with 3 B schools. They are Cardiff School of Management, UK, IIM-Indore, and Universal Business School, Mumbai. In this program, you will be able to learn from these big institutions, especially IIM’s. You will also be getting good global exposure. The curriculum of the college will be the British curriculum and all these programs will develop your skills and will help you in your career development. The executive program of IBS Hyderabad is also very good. There are several other institutes offering executive MBA programs where you can research and choose the best option.Read more
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Ques. How is the NMIMS distance learning program in MBA?

● Top Answer By Namrata Das on 22 Jul 22

Ans. NMIMS Global MBA program is better than other distance MBA programs available. The course is designed as per the requirements of working professionals. Students get the required support from the university and the centers.  They have student portals and Whatsapp groups to keep students updated regarding course-related information. The year-wise examination is taken in an online mode at students’ convenience.Read more
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Ques. Which is best course in MBA?

● Top Answer By Advait Joshi on 15 May 23

Ans. There are numerous top MBA programs around the world, and the program best suited for you depends on your personal and professional goals, as well as your budget and other factors. Some of the most highly ranked MBA programs include: Harvard Business School MBA program Stanford Graduate School of Business MBA program Wharton School at the University of Pennsylvania MBA program Kellogg School of Management at Northwestern University MBA program University of Chicago Booth School of Business MBA program MIT Sloan School of Management MBA program Columbia Business School MBA program INSEAD MBA program (based in France, Singapore, and Abu Dhabi) London Business School MBA program Yale School of Management MBA program All the above MBA programs are consistently ranked among the top MBA programs in the world by various rankings organizations, such as the Financial Times, Forbes, and Businessweek.Read more
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Ques. How is NMIMS Mumbai for an MBA?

● Top Answer By Ankita Sinha on 31 May 22

Ans. NMIMS Mumbai offers a good MBA program. It has a brilliant faculty base. Most of the faculty members are well-experienced and cooperative. If you are interested, you can research under any professor of your choice. It follows the Harvard case studies. You can learn and participate in the case study competitions.  NMIMS Mumbai placements 2022 had an average CTC of INR 19.40 LPA. While the highest CTC offered by the institute was INR 24.84 LPA. Located in the finance capital of the country, it also offers good exposure to students. Read more
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