Best Countries for Indian Students to Study MBA Abroad

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Best Countries for Indian Students

 to Study MBA Abroad  

Hi Friends,  

 

You can see  An MBA, as perfectly as it possibly positions you in the business world, the global economy demands you to understand the market with a broader perspective. The challenges posed after the advent of globalization has further pushed many across the world to pursue an MBA from a foreign b-school. With its innate ability to accelerate your career prospects and let you thrive around a foreign community, studying MBA abroad today has become rather imperative than discretion al. According to GMAC’s Application Trends Survey Report 2019, 4 in 5 b-school candidates consider an MBA (79%), and 2 in 3 enrol either in a full-time one-year MBA or two-year MBA (65%). 

 

It also revealed that more than 90% of Fortune Global 100 and 500 companies were keen on hiring MBA talent with US$115,000 being the median annual base starting salary at US companies.  Now that we’ve established that studying MBA abroad leads to an enriching experience, let us have a look at the five best countries to get an MBA from.

MBA from the USA

Have you been told that MBA originated in the USA in the early 20th Century? It was later adopted by universities in other countries. According to Open Doors Report 2019, India has been sending the highest number of MBA applicants to the US, second only to China. 

 

US universities offering MBA programmed stand aside for reasons such as practical experience and guidance from experts, multicultural environment, and the enormous scope for networking, faster career progression, among others. Statistic, an online portal for statistics, in 2019, pointed out that MBA graduates in the USA can expect a starting salary of approximately 115,000 U.S. dollars.  The students who cannot undertake a full- time MBA course have an option for part-time MBA programs. In fact, the part-part program is in great demand among international students. According to the reports for 2013/ 2014 school year, 37% of the students were enrolled for part-time MBA in US universities and attended classes in the evening or on weekends. 

Top USA Universities Offering MBA

Harvard University-INR 52,06,896-2 Years

Massachusetts Institute of Technology -INR 52,60,780-2 Years

University of Pennsylvania-INR 54,29,522-20 Months

Stanford University -INR 51,80,096-2 Years

Columbia University-INR 52,74,960-2 Years

Auburn University-INR 20,48,301-17 Months

University of South Florida-INR 13,81,061-18 Months

George Mason University-INR 41,30,000-20 Months

Arizona State University-INR 78,30,000-2 Years

University of New Hampshire-INR 34,70,000-1 Year

MBA from Canada

In 2019, Canada became the world’s third-leading destination of international students, with a whopping 642,000 foreign students, as reported by CIC News. This accounted for a 13% rise from the previous year in the number of international students hosted by the country, according to IRCC data. In the QS Global MBA rankings 2020, a total of 240 universities were featured, out of which 18 are Canadian universities. Most universities amongst these are ranked high for the high rate of return on investment, graduation outcomes, diversity and post-degree employment. From top universities to a thriving job market, Canada is credited with a number of merits to become one of the top study destinations for MBA. In 2019, the U.S. 

News & World Report ranked the country 7th in the world for Entrepreneurship and Open for Business. Also, with a recent promise to welcome more than 1.2 million immigrants over the next three years (2021-2023), visa regulations are less restrictive as compared to that of the US. The country also makes sure that international students are offered a good number of work opportunities, both on-campus and off-campus, along with a good quality of life.

Top Canadian Universities Offering MBA

University of Toronto-INR 16,52,710-19 Months

University of British Columbia-INR 4,86,452-2 Years

McGill University-INR 24,18,130-20 Months

University of Montreal-INR 29,68,000-12 Months

University of Western Ontario-INR 59,36,000-12 Months

Queen’s University at Kingston-INR 51,93,475-12 Months

University of Alberta -INR 8,97,697-20 Months

McMaster University -INR 10,58,489-20 Months

Saint Mary’s University-INR 16,55,468-16 Months

York University -INR 28,27,854-16 Months

MBA from Australia

Australia has been witnessing significant growth in foreign student numbers in the past few years. In 2019, it registered a double-digit growth with a total of 720,150 students enrolled in programmed across various areas. Study in the field of business and management in the country is considered top-notch for several reasons, one of them being the positioning of 11 Australian b-schools in the top 200, according to QS Global MBA Rankings 2020. 

Most MBA program mes offered at Australian universities are internationally recognised and have global accreditation from the AACSB and EQUIS. In addition, the country’s multiculturalism, a blend of practice and theory, development of specialised skill sets, opportunities to widen your professional network, among others, make Australia a great destination for MBA aspirants. With the launch of the Graduate Management Association of Australia (GMAA) in 1978, not only is the value of MBA being highly promoted and enhanced every year but management students in the country are also being recognised and provided with opportunities to interact with industry professionals.

Top Australian Universities Offering MBA

University of Melbourne -INR 48,48,429-2 Years

University of New South Wales-INR 46,804,95.00-16 Months

Monash University-INR 21,53,800-2 Years

University of Sydney -INR 24,47,500-18 Months

The Australian National University-INR 22,10,974-1.5 Years

The University of Queensland -INR 39,55,552-1 Year

RMIT University -INR 20,67,648-NA

The University of Western Australia-INR 32,34,092-12-18 Months

Curtin University -INR 14,58,710-2 Years

Deakin University -INR 15,68,830-1.5 Years