Approvals
WES
Duration
2-4 years
Eligibility
Graduation
MBA Programs in Abroad
MBA abroad is undoubtedly one of the most popular choices among students and for a reason too. The choice of business school impacts the complete career graph of a management aspirant. Considering the rise in global corporations, numerous graduates seek to pursue MBA abroad. An MBA graduate easily gets jobs paying 85,000 USD to 135,000 USD per year, depending on the country and specialization.
- MBA in Abroad
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Melbourne Business School, Leicester Street, Melbourne Innovation District, Carlton, Melbourne, City of Melbourne, Victoria, 3010, Australia
MBA Programs in Abroad: An Overview
MBA in abroad is a widely opted master’s program in the world. 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. Countries like the UK, USA, Canada, etc. are the preferred choice of Indian students to pursue an MBA Abroad program.
MBA Admission abroad is based on the GMAT score and performance in one of the English Proficiency Tests like IELTS, TOEFL, etc. The minimum first-year tuition fees start from INR 1 lakh to complete the degree. The average salary that MBA graduates get in abroad is around $135k yearly.
Why study MBA in Abroad?
The thing about studying the best MBA courses abroad, is you get to learn from institutions that believe in the practicality of the MBA. You get hands-on experience in business and marketing along with the best of the industries abroad.
The best MBA institutes have a large database of potential employers. Campus placements are a great way to jump-start your career and staying ahead of the herd. At an MBA abroad institute, you have the world at your doorstep, waiting for you to graduate and start earning!
If you are already working, a degree from the best MBA college, or from an international institute will mean a lot to your profile. Not only will the country you are studying in be there to hire you, but also the employers from your home country will be eager to hire you.
When you are out of your home country, and away from your countrymen, you evolve as a person. For example, your communication skills improve in leaps and bounds. Along with independence, organizational skills come, too. When you study MBA abroad, you meet with people from different cultures and ethnicity, and it opens your mind up and works wonders for your personality.
MBA in Abroad: Cost and Duration
The tuition fees vary from one business school to the other. Even different MBA degree programs within the same business school might have different fees structure. Studying MBA in abroad for Indian students might be a costly affair if enrolled at some of the top universities. The fees also depend on the duration of the course.
The average tuition fees for studying at the best B-schools are around $60,000 to $80,000 per year, whereas at a moderate B-school that tuition fees can range from $30,000 to $50,000. This tuition fee is exclusive of living costs and other miscellaneous expenses like study materials, etc.
MBA in Abroad: Scholarship
For students who wish to pursue MBA abroad, and are not sure about how to cover up for the financial expenses, there are a number of scholarships provided. We have listed few top scholarships offered for MBA programmes abroad –
- GREAT Scholarship
- Go Clean Scholarship
- Forte Fellowship
- Heinrich Boll Scholarship
- Hubert H Humphrey Fellowship Programme
- Australia Awards Scholarship
- Ontario Graduate Scholarship
- Debesh Kamal Scholarship
MBA in Abroad vs MBA in India
Parameters
Duration
Course Fee
Eligibility
Entrance Exams Accepted
Language Proficiency Test
Work Experience
MBA in Abroad
1 to 2 years
20 to 80 Lakhs
50% marks in business or a related field
GMAT
TOEFL, IELTS
work experience of 3 to 5 years
MBA in India
2 years
12 to 30 Lakhs
Must have a graduate degree
CAT/MAT/XAT/CMAT/GMAT
None
2 years
MBA in Abroad Syllabus:
Distance online Master Degree for working professionals’ syllabus comprises core subjects and elective subjects that differ as per the specializations.
Semester 1
Semester 2
Semester 1
- Principles and Practice of Management
- Management Economics
- Organizational Behaviour
- Business Law
- Management Accounting
Semester 2
- Production/Operation Management
- Financial Management
- Human Resource Management
- Marketing Management
- Management Information system
*This only reflects the general syllabus for this and similar courses. For exact syllabus please refer to the course details section on the specific university page.
MBA in Aboard Programs Eligibility
Graduation degree from a recognized university
At least 45%-50% aggregate marks at the graduation level
May require to have a graduation degree along with 1-2 years of professional experience
MBA in Abroad: Job Opportunities
International Students prefer to get into Top Business Schools across the world for their MBA studies as there is a higher chance of getting jobs for MBA graduates abroad. Popular business schools abroad come with high employability rates with graduates being employed with promising career prospects.
Hence, the jobs after MBA abroad are available in abundance and are highly dependent on the specialisations or courses you have studied. The salary of an MBA in abroad ranges between 85,000 USD to 135,000 USD per annum based on the country and the specialisation.
MBA Graduates from top business schools of the popular study destinations are highly sought after by recruiters across the world. A survey by the Graduate Management Admissions Council suggested that the percentage of hiring of MBA graduates will increase by a decent percentage in 2022 across the world. Some of the top recruiters offering foreign jobs after MBA include.
- McKinsey
- Microsoft
- Apple
- JP Morgan & Chase
- Johnson & Johnson
MBA in Abroad: Major specializations
General Management
International Business
Human Resources
Project Management
Media Management
MBA in Abroad: Application Process
Since many colleges in abroad are competing with quality education and maintaining their high standards, selecting the best might be a hard task for you. Applying for Master degree in abroad seems to be overwhelming but it’s not. Yes, with the proper guidance and early endeavors, you will be able to make it very smooth. To make it even simple, we formulated the entire process in five simple steps.
Step 1 – Have broad research about the different specializations available in various colleges. You can get guidance from the top experts in the education field to get an additional glimpse on selection. Colleges Helpline has partnered with the leading universities in abroad which helps you make the right decision on a particular university.
Step 2 – You will have enough time duration to prepare for your standardized exams required to study abroad. English proficiency test IELTS, TOEFL, PTE, and CAEL need to be attended.
Step 3 – In common, it is recommended to apply early to avoid a last-minute rush. You need to fill out the application form as well as submit essential documents.
Step 4 – Time to relax and wait for the offer letter from the universities you had applied for. Once you receive the offer, you can choose to accept and then proceed for the 1st payment of fees (self or education loan) as per university norms.
Step 5 – You’re all set! Apply for Visa, avail scholarship, book flight tickets, and attend pre-departure briefing session .
