According to Visa statistics from the U.S. Department of Homeland Security, Indians have received nearly 100,000 F-1 (student) visas in the first eleven months of 2022 which is more than double the amount Visas recieved during the same period in 2019. According to a Survey by the Graduate Management Admission Council (GMAC) in 2020, there has been a 5% rise (from 76% in 2019 to 81% in 2020) amongst Indian students, who prefer to pursue MBA courses abroad.
The inquiries and enrolment of Indian Students in the top Global B school have increased by 35% in 2020, even during the pandemic as per the Economic Times. The top countries that the Indian candidates prefer for the MBA Abroad program are USA, UK, Australia, Canada and New Zealand.
MBA Abroad admissions are conducted on GMAT scores and performance in language proficiency tests such as TOEFL and IELTS. 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 is required to pursue MBA Abroad.
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.
MBA Abroad can be an expensive affair. The fees can shoot up to INR 80 Lakhs to even a few crores. This is much higher than the MBA Fees offered in Indian colleges. However, the candidates have the option of availing of various financial benefits available through the various MBA scholarships.
2.2 MBA Abroad vs MBA in India
3.1 Eligibility
3.2 Prerequisites
3.4 MBA Abroad Without Work Experience
4.1 Subjects
4.2 Course Content
7.1 USA
7.2 UK
7.3 Canada
7.4 Germany
7.5 Australia
11.1 MBA Jobs Abroad
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. Check: MBA Eligibility
- 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: The cost of an MBA abroad is pretty higher compared to an MBA course in India. MBA Abroad fees can go up to INR 80 lakh and even a few crores in some cases. This is equivalent to a cost of USD 100,000 to USD 200,000.
- As the MBA Fees for pursuing MBA from top foreign universities are high, there are plenty of MBA scholarships available for assistance.
- MBA Abroad Admissions: One needs to essentially crack GMAT, along with required language proficiency tests like TOEFL and IELTS to secure admissions in MBA Abroad courses at top colleges.
- Some of the top MBA Colleges to pursue MBA Abroad are The Wharton School, Stanford Graduate School of Business, MIT Sloan, and Harvard Business School.
- Universities like Melbourne Business School, Australian National University, Kenan-Flagler Business, and Ivey Business School, etc offer admission without GMAT also.
- There more than 930 Universities providing MBA outside India.
- As per GMAC reports, 91% of the total of over 960 recruiters aim at hiring USA’s MBA graduates.
- For European Business School Rankings (2018) by Financial times, six German business schools rank within the top 100 for their full-time MBA program.
All About MBA Abroad
MBA Abroad is available in various specializations and is a globally recognized degree that offers the opportunity to work at top leading companies world-wide. 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 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. The IMF has predicted that 2022/2023 will see unprecedented growth, as the amount of liquidity in the world after a recession is bound to increase global traction. Hence students who are looking to start studying in 2021 should not think twice before pursuing their dreams.
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 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 as per your convenience.
- Practical Approach of Study: 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, BCG in any country you want to.
- Huge Funding Options: As the cost of pursuing MBA from abroad is high, there are plenty of MBA scholarships available for assistance.
MBA Abroad vs MBA in India
There is a huge difference between pursuing MBA from abroad and MBA in India. Here are a few of the major parameters on the basis of 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 to 80 Lakhs | 12 to 30 Lakhs |
| Eligibility | Must have a bachelor degree in business or in a related field and a 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 Admission Process
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 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.
MBA Abroad Prerequisite
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, and 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 GMAT or Graduate Management Admission Test. As 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 test to be cleared by the students willing to study MBA abroad. There are three sections in both TOEFL and IELTS as listening, speaking, reading, and writing.
- University Entrance Exams: Many universities may conduct their own entrances in order to check the ability of international students. Clearing these exams are 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 in order to secure admission. The mode of interview may vary depending on universities, but questions are generally based on past work experiences, future goals and perspective, etc.
Check:
MBA Abroad Without GMAT
In order to pursue MBA Abroad without 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.
In order to pursue 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 |
MBA Abroad Syllabus
MBA Abroad syllabus is usually divided into 2 years and each semester is known as fall and spring.
Students are asked to pursue 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 |
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 has a lot of variety to choose from.
- The eligibility, admission process, and duration of MBA Abroad in any specialization is the same as a general MBA Abroad.
So we have tabularized below the list of popular MBA specializations available abroad, along with few colleges offering the same.
| Specializations | Colleges | Average Annual Fees (INR) |
|---|---|---|
| MBA Marketing | IUBH University of Applied Sciences, Germany | 12,,64,649 |
| The University of Newcastle, Australia | 18,86,288 | |
| University of Sunderland, UK | 12,96,899 | |
| California State University Los Angeles Campus, USA | 13,91,593 | |
| MBA Finance | Coventry University, UK | 15,54,514 |
| Laval University, Canada | 84,2,744 | |
| New York Institute of Technology, USA | 29,32,113 | |
| University of South Australia, Australia | 20,78,263 | |
| MBA Human Resource | Pace University, USA | 29,66,340 |
| University of Bedfordshire, UK | 12,42,688 | |
| The University of Newcastle, Australia | 19,16,712 | |
| University of Sunderland, UK | 12,96,899 | |
| MBA Supply Chain Management | Colorado Technical University, USA | 11,18,082 |
| Kuhne Logistics University, Germany | 24,47,610 | |
| University of South Dakota, USA | 14,76,324 | |
| MBA Project Management | Torrens University, Australia | 11,96,575 |
| Salem University, USA | 17,79,804 | |
| University of Bedfordshire, UK | 12,42,688 |
MBA Abroad Cost
MBA abroad cost 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 – 80 Lakhs |
| Canada | 15 – 60 Lakhs |
| Germany | 40 Lakhs |
| UK | 20 – 65 Lakhs |
| Australia | 12 – 30 Lakhs |
| Ireland | 10 – 29 Lakhs |
| New Zealand | 15 – 25 Lakhs |
| Singapore | 45 – 65 Lakhs |
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 Scholarship 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 MBA Abroad from an international country is a dream to many, but the dilemma occurs 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:
| Top Business Colleges In USA | Top Business Colleges In Canada |
| Top Business Colleges In Uk | Top Business Colleges In Germany |
| Top Business Colleges In Australia | |
MBA in USA
MBA in USA required more than 90% in academics and 700+ GMAT score. USA has more than 500 colleges providing MBA to foreign nationals. The fees for studying MBA in USA are between INR 50 Lakhs to 1 Crore. The duration of an MBA in USA is 2 years. The Admission takes place mainly in Fall or September. The Admission started on August 1, 2022 and will end in 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 |
The average annual salary of these professionals in the USA ranges from INR 80 lakhs to 10 crores.
MBA in UK
MBA in 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 in 2022, 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 the month of 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 in order to study MBA in Canada. MBA in Canada for Indian students can cost between INR 35 Lakhs to 70 Lakhs.
| 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 there are many scholarships that 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.
| University Name | Average Fees (INR) |
|---|---|
| University of Tasmania, Australia | 20,00,000 |
| Florida International University, USA | 31,00,000 |
| University of Regina, Canada | 9,70,000 |
| Nottingham Trent Forest, UK | - |
| Massey University, New Zealand | 23,62,000 |
| Heriot-Watt University, UK | - |
| University of Bradford, UK | 19,24,000 |
| Oxford Brookes University, UK | - |
| RMIT University, Australia | 30,00,000 |
| Western New england university, USA | 27,00,000 |
Online MBA Programs: Low Cost
| School Name | Average Fees (INR) |
|---|---|
| Rogers State University | 83,63,029 |
| University of North Dakota (Nistler) | 13,87,125 |
| University of Massachusetts-Lowell | 14,82,084 |
| Louisiana State University | 15,06,974 |
| Oklahoma State University (Spears) | 15,79,909 |
| Kennesaw State University | 18,45,628 |
| University of South Florida (Muma) | 18,66,747 |
| University of Tennessee at Chattanooga | 19,01,593 |
Online MBA Programs: Expensive
| School Name | Average Fees (INR) |
|---|---|
| Carnegie Mellon University (Tepper) | 1,06,58,940 |
| University of North Carolina at Chapel Hill (Kenan-Flagler) | 94,72,443 |
| University of Southern California (Marshall) | 84,22,086 |
| George Washington University | 76,09,014 |
| University of Texas-Dallas (Jindal) | 70,27,946 |
| University of Maryland (Smith) | 66,95,854 |
| santa Clara University (Leavey) | 62,98,670 |
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 the duty of these professionals is to 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 of the same to fulfill. | 8 Lakhs to 16 Crores |
| Marketing Manager | The one who handles each and 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 to job. | 41 Lakhs to 11 Crores |
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 Abroad: FAQs
Ques: What is the eligibility criteria to pursue MBA Abroad?
Ques: Can I get scholarships to pursue MBA in Abroad?
Ans. The Applicant has to fulfil the eligibility criteria to claim the MBA scholarship.
Ques: What are the scholarship available for MBA in USA?
Ans. The list of scholarships a candidate can get to pursue MBA in 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?
Ques: What are the language proficiency tests required for admission to MBA Abroad for Indian students?
Ques: What are some of the best country to study MBA Abroad and work?
Ques: What are the types of MBA one can pursue abroad?
Ques: Are there various types of specializations available abroad for MBA?
Ques: What is the cost to study MBA Abroad for Indian Students?
Ques: How much can one earn after getting an MBA Abroad degree?
Ques: Are there scholarships available to study MBA Abroad for Indian Students?
Ques: What are some of the major differences between MBA abroad vs India?
Ques. Can I pursue MBA Abroad after Btech?
Ques.Can one pursue MBA Abroad after CA?
Ques: Which language proficiency tests required for admission to MBA Abroad for Indian students?
Ques: What are some of the best countries to study MBA Abroad and work?
Ques: Can a middle-class India afford an MBA abroad?
Ques: Can I study MBA from Abroad without work experience?
Ques: Is it possible to pursue an Online MBA from Abroad universities?
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
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