MBA in USA for International Students
Table of Contents
- Types of MBA in USA for International Students
- Top universities for MBA in USA for International Students
- Eligibility Requirements for MBA in USA for International Students
- GMAT Requirements for MBA in USA
- MBA in USA for International Students without IELTS
- MBA Universities in USA Without Work Experience
- Cost of studying MBA in USA for International Students
- Fully-funded Scholarships for MBA programmes in USA
- Work Visa after MBA in USA
The United States of America is home to some of the best MBA colleges in the USA. Business postgraduates from the USA hold key positions in almost all companies of the world. This makes it an exciting option to pursue an MBA in the USA.
However, there is a set criteria for MBA in the USA. Students and professionals trying for an MBA in the USA need to match these criteria in order to get admission in MBA colleges in America.
Applicants need to have a strong academic profile with a 90% score, and a minimum of 700 in GMAT to get admission into top MBA colleges in the USA.
Tuition fee of MBA colleges in the USA is around $45,000 - 77,000 which is 71,000 - 98,26,740 Nepalese Rupees. However, Nepalese students can make use of various scholarship programmes.
International aspirants can find affordable MBA colleges in the USA in the form of best public universities for MBA. McKinsey, Goldman Sachs, and JP Morgan are in the list of some of the highest paying recruiters in the USA for MBA graduates.MBA in USA for International Students Highlights:
Admission Requirements |
Average GPA- 3.4 IELTS- 6.0 TOEFL iBT Score- 70 Average 5 years of Work Experience |
MBA Specialisation |
MBA in General Management | MBA in Marketing | MBA in Human Resource Management | MBA in Finance |
Average Tuition Fees |
Nepalese Rupees 60 lakhs/year |
Average Salary |
Nepalese Rupees 70.25 lakhs/year |
Why MBA in USA for International Students?
-
Pursuing an MBA degree from America is a dream of many professionals around the world and there are multiple factors to support it:
- The USA has got one of the best programmes to train students with operational leadership skills. MBA graduates from the states walk up the ladder quite quickly in the corporate world.
-
The MBA curriculum in America is meant to suit the global business environment, and therefore, making a masters of business administration from the USA a must.
- Availability of multiple scholarships for international students to maintain a healthy diverse on-campus community.
- A thriving job market and an industry that is welcoming to MBA graduates offering them competitive salary packages.
Types of MBA in USA for International Students:
Full-Time MBA:
Part-Time MBA:
Executive MBA:
Online MBA Programme:
Early Career MBA:
This is a new-age MBA programme designed for students looking to enter the business workforce with a competitive skill-set.This programme offers multiple projects, internships, and cross-functional training that adds value to fresher resumes.
As an aspirants looking for individuals programmes, to should check out - Find Courses, Universities & Scholarships to Study Abroad to find the right programme and right university as per your requirements.
Top MBA programs in USA for International Students:
MBA Specialisation |
University Name |
MBA in General Management |
Harvard University Stanford University Northwestern University University of Michigan – Ann Arbor Yale University |
MBA in Marketing |
Stanford University Northwestern University UCLA Harvard University Indiana |
MBA in Human Resource Management |
Northwestern University Vanderbilt University University of Michigan Brigham Young University Purdue University |
MBA in Entrepreneurship |
Babson College Stanford University Massachusetts Institute of Technology University of California, Berkeley University of Pennsylvania |
MBA in Finance |
University of Pennsylvania University of Chicago New York University Columbia University. Massachusetts Institute of Technology |
Executive MBA |
University of Chicago Northwestern University Columbia University New York University UC-Berkeley |
Top universities for MBA in USA for International Students:
School of Business |
QS MBA Ranking 2022 |
Stanford Graduate School of Business |
#1 |
Harvard Business School |
#2 |
The Wharton School |
#2 |
Sloan School of Management |
#4 |
Columbia Business School |
#5 |
Haas School of Business |
#6 |
#7 |
|
Anderson School of Management |
#8 |
Kellogg School Of Management |
#9 |
Yale School of Management |
#10 |
Stern School of Business |
#11 |
Ross School of Business |
#12 |
Fuqua School of Business |
#13 |
Johnson School of Management |
#14 |
Questrom School of Business |
#15 |
Top publicly-funded MBA Universities in USA:
University |
Course Fee (in Rs) |
Arizona State University |
59.8 Lakhs |
Texas A & M University |
63.1 Lakhs |
The University of Texas at Dallas |
44.0 Lakhs |
The University of Illinois at Chicago |
37.9 Lakhs |
University of New Haven |
27.7 Lakhs |
Affordable Universities for MBA in USA for International Students:
The United States of America has multiple affordable colleges for MBA aspirants who do not qualify for scholarships but still want to pursue MBA from an American college.
Here is the list of affordable MBA colleges in USA:
- Brigham Young University (BYU) - Marriott School of Management: A perfect budget-friendly choice for MBA aspirants, BYU is ranked by Businessweek and Financial Times and has tuition fees that are almost half as compared to other business schools in America.
- University of Wisconsin, Madison - Wisconsin School of Business: Ranked by The Economist for its executive MBA programme, University of Wisconsin offers one of the most affordable MBA programmes in America. Risk management, real estate and marketing research are some of the key specialisations offered at its campus.
- Texas A&M University - Mays Business School: One of the most popular business schools for international students, Texas A&M University offers both affordable and short-term degrees. Its MBA programme is only 16 months long and has a strong placement record with its students.
How to Study in the cheapest MBA college in the USA as an international student?
Eligibility Requirements for MBA in USA for International Students:
Admission requirements for an MBA into an American college depends on multiple factors, including:
- Completion of 16 years of work experience that includes a 4 year bachelors degree course.
- Mandatory standardised exam scores of GMAT or GRE. Better the score, better the college admissions.
- Language proficiency test scores, including scores from IELTS, TOEFL or PTE.
- A minimum work experience of 3 years is mandatory for an MBA in the USA. However, the exact number of work years varies from university to university.
Documents required for an admission process for MBA in the USA:
The document checklist for MBA in USA is as follows:
- Academic Transcript
- GMAT/GRE Scores
- Letters of Recommendation
- Resume
- Cover Letter
- Statement of Purpose
For students looking for university specific admission requirement here is a list that they can refer:
University |
Academic Requirements (GPA) |
GMAT Score | Work Experience (average) |
Language Proficiency |
Harvard Business School |
3.7 (~90-92%) |
730 | 4.6 years |
TOEFL: 109 |
Stanford Graduate School of Business |
3.7 |
730 | 4.7years |
TOEFL: 100 |
Sloan School of Management |
3.6 |
720 | 5 years |
TOEFL: 90 |
The Wharton School |
3.6 (~89-90%) |
730 | 5 years |
TOEFL: 110 |
Kellogg School Of Management |
3.6 |
720 | 5 years |
TOEFL: 110 |
Important Deadlines for MBA admissions:
Application Decision | Admission Deadline 2022 |
Admission Decision |
Early Education |
November 2022 |
Dec 2022 |
Early Decision |
November 2022 |
Dec 2022 |
Regular Decision |
January/February 2023 |
March/April 2023 |
Rolling Admission |
Varies |
Usually 2-3 weeks |
GMAT Requirements for MBA in USA
Top B-schools |
GMAT Scores |
Stanford Graduate School of Business |
733 |
The Wharton School – University of Pennsylvania |
730 |
Booth School of Business |
730 |
MIT Sloan School of Management |
724 |
Sloan School of Management – Massachusetts Institute of Technology |
720 |
Kellogg School of Management – Northwestern University |
727 |
MIT Sloan School of Management |
720 |
Dartmouth Tuck |
720 |
Haas School of Business(US Berkeley) |
727 |
Yale School of Management – Yale University |
720 |
Columbia Business School – Columbia University |
726 |
The Fuqua School of Business – Duke University |
710 |
Tuck School of Business |
730 |
University of Virginia, Darden |
703 |
The University of Texas at Austin - McCombs School of Business |
703 |
MBA in USA without GMAT:
If you are looking to get into an MBA without GMAT in Canada and Australia, click here - MBA in Canada , MBA in Australia.
How to get admission in MBA in USA without GMAT?
- GPA of 3 or more in the bachelor’s degree
- Work experience of 2-3 years minimum
- Admission essays
- Latest resume
- Letter of recommendation (2-3,or as demanded by the university)
Popular universities for MBA in USA without GMAT:
GMAT is considered to be a mandatory test requirement for an MBA in any international business school. However, international students can get admission for an MBA in Canada without GMAT.
For students wanting to skip GMAT to get admission into MBA programmes, here is a list of universities that you can apply for:
Universities |
MBA programs offered |
Georgetown University |
MBA (Full-time) |
Pace University |
|
Texas A & M University (TAMU) |
MBA (Full-time) |
Colorado State university |
MBA (Full-time) |
MIT Sloan School of Management |
Executive MBA |
Boston University |
Executive MBA |
Kellogg School of Management, Northwestern University |
Executive MBA |
Michigan State University |
MBA (Full-time) |
Stern School of Business, New York University (NYU) |
Executive MBA |
Golden Gate University |
MBA (Full-time) |
University of Delaware |
MBA (Full-time) |
MBA in USA for International Students without IELTS
IELTS comes across as the biggest roadblock for International students coming from non-native English speaking countries. However, there are few universities in America that welcome students without an IELTS score.
How to get into an MBA without IELTS?
To get admission into an MBA programme in the US without IELTS, applicants need to meet a few basic requirements. These are:
- A letter from your previous university stating that the course you finished was in English.
- English being one of the core subjects in your high school.
- If your country considers English as one of the official languages, then IELTS is not mandatory.
- Few universities have their own English proficiency tests which enable students to skip IELTS.
Top Universities to Study in USA without IELTS:
Applicants are not required to present an IELTS score, they can instead go for CanTEST (Canadian English Test) to prove their English proficiency.
University |
Alternate for IELTS |
University of Delaware |
English Language for Internationals(ELI) |
Rice University |
EIKEN/ IB/ Cambridge English Test/ ELS/ PTE Academic |
University of Dayton |
PTE/ Duolingo |
State University of New York |
PTE/ Duolingo/ Cambridge English Scale |
University of New Orleans (UNO) |
English Language for Internationals(ELI) |
California State University |
PTE |
MBA Universities in USA Without Work Experience
Here is a list of universities offering admissions into their MBA programme without work experience:
- New York Institute of Technology, New York
- Boston University School of Management
- University of North Texas, Denton (Texas)
- Wichita State University, Wichita (Kansas)
- Kansas State University, Kansas
- University of North Alabama, Alabama
- Northwest Missouri State University, Missouri
- Fox School of Business, Temple University
- College of Business, San Francisco State University
- Merrick School of Business, University of Baltimore
- Alfred Lerner College of Business and Economics, University of Delaware
- Rohrer College of Business, Rowan University
Eligibility requirements other than work experience for MBA in the USA:
- A bachelor's degree from a recognized school/college/university
- GMAT score
- IELTS/TOEFL or PTE for English language proficiency
- Latest resume
- Transcripts
- Personal essays as demanded by the university
- LORs (letters of recommendation)
Work Experience Requirement for MBA in USA:
Work experience is considered to be one of the most important benchmarks to get admission into MBA programmes around the world. However, a few universities open their admission doors to freshers without any work experience.
Exams to study MBA in USA:
GMAT:
GMAT Exam Pattern:
Analytical Reasoning |
30 mins - Analysis of an argument (Essay) |
Integrated Reasoning |
|
Quantitative Reasoning |
|
Verbal Reasoning |
|
GRE:
Graduate Record Examination is an entrance test for admissions in business schools. Applicants looking to learn and train for GRE can check out the details here: ETS GRE Exam | GRE Full Form | GRE Exam Fee in Nepal
IELTS:
The International English Language Testing System (IELTS) is an English language academic test that examines non-native English speakers' English language skills. Most academic institutions around the world expect applicants from non-English speaking countries to present the score of IELTS along with their application.
To know more about IELTS, click here: IELTS Full Form | IELTS Exam Fee | IELTS Date in Nepal 2022 (aeccglobal.com.np)
Cost of studying MBA in USA for International Students
The cumulative cost of studying MBA in the USA includes tuition fees, books, accommodation and other living expenses. This cost is certainly a starke difference with Nepal, so here is a brief overview of how the cost of living may differ in USA:
While the actual cost varies from city to city, the cost of living is divided into 2 parts:
Pre-arrival cost:
GMAT: $275 (both for online and test centre)
TOEFL: $170
College application fee: $45 (average)
Visa application fee: $160Post-arrival cost::
Fully-funded Scholarships for MBA programmes in USA:
Pursuing an MBA from America is expensive. However, aspirants with academic excellence and professional applause are eligible for multiple scholarship programmes that are specific to MBA.
Here are few of these scholarships:
- Fulbright Foreign Scholarships
- The MasterCard Foundation
- Rotary Peace Scholarship
- Joint Japan Scholarship
- The Universities Offer MBA Scholarships
To read more about these scholarships, head over to this article - Top Scholarships in the USA for International Students.
MBA Graduate Salary in USA:
Master’s in Business Administration is a popular course for professionals, giving them a high jump in terms of salary. Let’s see the salary breakdown:
Average salary of MBA graduates: $106k
Salary of MBA graduates from top B-schools: $176k
Salary of MBA graduates from lowest ranked B-schools: $56k
Salary breakdown in terms of industry:
Average Salary for MBA in Technology: $111k
Average Salary for MBA in Consulting: $125k
Average Salary for MBA in Finance: $102k
Average Salary for MBA in Marketing: $97k
Top recruiting companies after MBA in USA:
When it comes to MBA, few companies top the chart in recruiting business graduates. They provide high-paying salaries and a competitive work environment to climb the corporate ladder.
List of top recruiting companies after MBA in USA are:
Rank | Post-MBA Employers | % of all placements |
1 | McKinsey & Company | 5.90% |
2 | Boston Consulting Group (BCG) | 4.70% |
3 | Amazon | 4.10% |
4 | Bain & Company | 3.70% |
5 | Deloitte | 2.80% |
Work Visa after MBA in USA:
What is an H- 1B visa?
H-1B visa is a professional work visa granted to students and professionals. International students can transfer their F1 student visa to a H-1B visa if their employer agrees to sponsor you.
H-1B visa holders can live and work in the US for 6 years and can reapply for H-1B visa after 6 years. If they have been with the same employer for 4 years, the employer may file for an employment-based permanent residency visa in the 5th year of employment.