MBA in the USA for International Students

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Master of Business Administration (MBA) is one of the most sought-after degree programs in the USA and most other countries. The program guarantees a dignified and well-paid job, which is one of the primary reasons behind the course's popularity. The USA has several top-ranked universities that offer MBAs. There are over 500 universities that offer this degree program. It is also estimated that the US is the biggest MBA market in the world, with around 1,25,000 students pursuing the course annually. If you wish to pursue your MBA in the USA and want to know more about the universities, tuition fees, scholarships, career opportunities etc., you can read the blog entirely.

MBA in the USA: Course Highlights

Number of universities

500+

Top specialisations

Finance, Marketing, IT, Entrepreneurship

Average annual tuition fees

USD 50,000 - USD 1,00,000

Tests required

IELTS/TOEFL, GRE/GMAT

Average salary

USD 87,000 - USD 2,00,000

Why Study MBA in the USA?

The USA is one of the most sought-after destinations for MBA studies. The universities offer several specialisations of the program, and there are several cheap universities that you can opt for. Below are a few reasons why the USA is a leading destination for MBA studies.

  1. Several top-ranked universities offer this degree.
  2. A degree from the USA is respected and revered globally.
  3. The job market for an MBA graduate is good.
  4. There are several MBA specialisations and programs offered.
  5. Several universities and MBA specialisations have internship options which will give you professional experience. It will also make your resume stand out from the others.

Types of MBA Programs in the USA

The USA offers you the option to study MBA in a few forms. It is not strictly limited to a full-time two-year program. The types of MBA programs in the USA are given below.

  1. Full-time MBA: This is the standard two-year regular full-time MBA program that most universities offer.
  2. Part-time MBA: All professionals who can devote only a few hours to study can take up this program.
  3. Executive MBA: Those professionals who wish to take their career to the next level by gaining more knowledge can take up EMBA.
  4. Online MBA: This can be pursued by students from their homes online.

Top MBA Specialisations

As mentioned above, you will have a lot of MBA specialisations to choose from. The 500+ universities offer around ten specialisations. They are listed below.

  • MBA in Technology Management
  • MBA in Finance
  • MBA in Entrepreneurship
  • MBA in Consulting
  • MBA in Operations Management
  • MBA in General Management
  • MBA in Human Resource Management
  • MBA in Marketing
  • MBA in Management Information Systems

Best MBA Universities in the USA

The USA has several leading MBA universities in the world that constantly appear in world university rankings. It will be helpful for you to know about the famous universities, their average tuition fees and their place in the QS World University Rankings. The table below contains all these details. You can use it for your reference.

Name of University

Name of Business School

QS Ranking 2023

Average Annual Tuition Fee (in USD)

Stanford University

Stanford Graduate School of Business

3

USD 76,950

Harvard University

Harvard Business School

5

USD 73,440

University of Pennsylvania

Wharton Business School

13

USD 84,874

MIT

MIT Sloan School of Management

1

USD 80,400

Columbia University

Columbia Business School

22

USD 80,472

University of California, Berkeley

Haas School of Business

27

USD 38,094

University of California, Los Angeles

UCLA Anderson School of Management

44

USD 1,04,954

Northwestern University

Kellogg School of Management

32

USD 78,276

Yale University

Yale School of Management

18

USD 79,000

New York University

Leonard N. Stern School of Management

39

USD 82,326

Requirements for MBA in the USA for International Students

You have to satisfy a few requirements to get admission to an MBA program in the USA. These requirements may vary depending on the university chosen, but most of the criteria described below will remain the same.

  1. You should have completed 10+2+4 or 16 years of education. It can also be a four-year Undergraduate program that you should have completed.
  2. Most leading business schools ask for GMAT/GRE scores. It is always better to take the test so that it even helps to get your application shortlisted.
  3. You should have an IELTS score of at least 6.5 or equivalent if you are a non-native speaker of the English language.
  4. Some universities ask for work experience of at least three years. However, this is subject to change, and you may not even require work experience.

English Language Requirements for MBA in the USA

There are several universities in the USA that ask for an English Proficiency Test score. Before preparing for any test, ensure that your university has made it compulsory for admission and that it is accepted. The tests that you require to take for English Proficiency are listed below.

  • IELTS
  • TOEFL
  • PTE
  • C1 Advanced
  • Duolingo

MBA in the USA: Admission Process

The entire admission process for MBA in the USA is divided into three stages. You should know about all the steps and stages in detail to apply them correctly without making any mistakes. The three stages are explained below.

  1. Pre-application: This stage includes preparing the tests and preparing all the documents.
  2. Application: This stage involves the entire process of application by submitting the details, uploading the necessary documents, and paying the fee.
  3. Post-application: This stage includes submitting the documents, getting the student visa, and paying the application fee after receiving your university's acceptance letter.

MBA in the USA: Documents Required 

All international students applying for MBA in the USA should submit a few documents. In fact, the number of documents you submit will be more than those asked from domestic students. Below is a document checklist for your reference.

  1. All academic documents
  2. Statement Of Purpose (SOP)
  3. Experience letter, if you have work experience
  4. Two academic and one professional Letter Of Reference (LOR)
  5. Letter of Coverage that focuses on your accomplishments
  6. IELTS/TOEFL, GRE/GMAT test scores
  7. An updated CV/Resume
  8. Copy of student visa
  9. Passport-size photographs

Cost of Studying MBA in the USA

The cost of studying MBA in the USA depends entirely on the university that offers the course. The average cost of studying MBA in the USA ranges from USD 50,000 to USD 1,00,000. Those like the University of California, Los Angeles, charges a tuition fee of USD 1,04,954 per year. On the other hand, California Miramar University has a tuition fee of USD 11,111 per year. The table below shows the cost of studying in some of the affordable universities in the USA.

Name of University

Average Annual Tuition Fees (in USD)

Missouri State University, Springfield

USD 22,900

Central Michigan University, Mount Pleasant

USD 18,745

Cameron University, Lawton

USD 18,393

Lamar University, Beaumont

USD 15,620

Saint Mary’s University of Minnesota, Winona

USD 11,898

University of Buffalo, Buffalo

USD 23,811

University of North Carolina, Wilmington

USD 21,628

Kentucky State University, Frankfurt

USD 18,451

Northeastern State University, Tahlequah

USD 17,549

University of South Dakota, Vermillion

USD 14,106

California Miramar University, San Diego

USD 11,111

Scholarships for MBA in the USA

There are several scholarships that MBA students in the USA can get, depending on their eligibility. These scholarships can be funded by private organisations, universities or the government. They will have different eligibility criteria and scholarship values. They may even cover your entire tuition and living expenses wholly or partially. A few such scholarships are given in the table below.

Name of Scholarship 

Name of University

Eligibility 

Average Amount (in USD)

Horace W. Goldsmith Scholarship

Harvard University

This is a merit-based scholarship

USD 10,000

McKinsey Award

MIT Sloan School of Management

All students of the university are eligible

USD 10,000

Stanford Knight-Hennessy Scholars Program

Stanford University

All students of the university are eligible

Full funding

Dean’s Scholarship

Stern School of Business

It is a merit-based scholarship

Full funding

Donald P. Jacobs International Scholarships

Kellogg School of Management

This is a merit-based scholarship

Partial tuition fee cover

Responsible Business and Community Spirit Scholarship

UBC Sauder School of Business

All students of the institution are eligible

USD 10,000 - USD 60,000

Public Healthcare Scholarship

Imperial College Business School

It is open to students of all nationalities

USD 10,000

Surrey MBA Scholarship

University of Surrey

All students of the university can apply

Partial funding

Entrepreneurship Award

Bayes Business School

All students of the university can apply

30% tuition fee cover

Women in Business Award

Bayes Business School

All female students of the institution are eligible

30% tuition fee cover

MBA Jobs and Salary in the USA

The demand for MBA graduates in several industries has always remained on a high end. With an MBA, you will definitely get a well-paid and dignified job in the USA and the rest of the world. It will be helpful for you to know the jobs and average salaries that MBA graduates can get in the USA. The same is given in the table below.

Job Role

Average Salary (in USD)

Financial Consultant

USD 98,000

Senior Marketing Manager

USD 1,08,000

Finance Director

USD 98,000

Senior Product Manager

USD 1,22,000

Product Manager

USD 1,01,000

Finance Manager

USD 98,000

Marketing Director

USD 1,12,000

Financial Analyst

USD 98,000

Senior Data Analyst

USD 87,000

Chief Information Officer

USD 2,02,000

The USA Students Visa

You should have the F-1 student visa to study in the USA. The requirements and criteria are not very rigid. You will easily get your visa approved if you meet all the requirements. It is necessary to start your visa application early so that you get your visa approved on time. The visa processing will take around 3-5 weeks. You can work part-time for up to 20 hours a week during your stay there during your semester.

You can learn more about MBA in the USA, the student visa requirements, the cost of studying in the USA etc., from our blogs. You can even consult counsellors from AECC, who are trained to help you in everything related to studying abroad. Always feel free to contact us whenever you have a doubt because one mistake can cost you much.

FAQs About MBA in the USA


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