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MBA in USA

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The most obvious choice of destination for MBA! And the most flexible also! Check out why?

Why Study in USA?

Let’s Look at the Numbers!

  • USA has 12 B-schools in the top 20 list & 23 B-Schools in the top 50 list of the QS Global MBA Rankings 2018
  • USA came third in the World Economic Forum’s Global Competitiveness Report for 2017-2018, ahead of Singapore, Netherlands, Germany, and Hong Kong.

Top B-Schools

Ivy League Other Top B-Schools
Columbia University Stanford Graduate Business School
Cornell University MIT Sloan
Dartmouth College UC Berkeley (Haas)
Harvard University Northwestern Kellogg
University of Pennsylvania University of Michigan(Ross)
Yale University NYU Stern
  Duke (Fuqua)

Brown University and Princeton University do not offer an MBA degree.

Powerful Reasons to Study in USA

mba in usa

Average/Median Salaries earned by US MBA Graduates & Alumni

Let’s look at the average salaries earned by alumni at some of the top US B-schools

B-School Average/Median
Harvard Business School US $ 135,000
University of Chicago Booth US $ 125,000
UPenn (Wharton) US $ 130,000
Stanford GSB US $ 144,455
MIT Sloan US $ 125,000
Northwestern (Kellogg) US $ 117,779
Michigan (Ross) US $ 119,107
Berkeley (Haas) US $ 125,573

 

Top Functions & Industries (Post MBA) in USA

Industries Functions
Consulting Consulting/Strategy
Financial Services Finance
Technology General Management
  Marketing/Sales

 

Program Duration & Cost of Education

Duration Cost of Education (Tuition & Living per annum)
Usually 2 years Some b-schools offer MBA of less than two years For private schools: Tuition fee: US $ 65,000 For state b-schools: Tuition fee: US $ 30,000-60,000

 

Eligibility Criteria for MBA Programs

Average Years of Work Exp. of Class Standardized Test Scores Strong Extra Curriculars
4 year Bachelor’s degree from any U.S. accredited institution or an international equivalent* Competitive GMAT score (Preferably above 600) However, there are some B-schools which do not ask for the GMAT Minimum work experience of two years Strong Extra Curriculars & Community Service experience

*US is considered as one of the most flexible destinations in terms of its education requirements.  Though a 4-year bachelor’s degree (i.e. a total of 16 years of education) is the norm for MBA programs, some business schools are open to applicants having a 3-year Bachelor’s degree. The requirement for 16 years of education/15 years of education can change sometimes and therefore it is recommended that you first check with a b-school about their requirements (in case you have a 3 years bachelor’s degree) before applying.

 

Average GMAT & Work Experience at top b-schools

B-School Average GMAT of Class Average Years of Work Exp. of Class
Harvard Business School 730 3-5
University of Chicago Booth 730 5
UPenn (Wharton) 732 5
Stanford GSB 737 4
MIT Sloan 728 5
Northwestern (Kellogg) 732 5
Michigan (Ross) 720 5
Berkeley (Haas) 726 5.4

 

Intake & Application Deadlines

There are two application intakes – Fall & Spring; however, the Fall intake is the most preferred intake by B-school applicants.

In terms of deadlines for B-schools, there are usually multiple application rounds (in some B-schools, there are three application rounds). The timelines for most of the B-schools are as follows:

ROUND DEADLINE
1 October/November
2 January/February
3 March/April

In case you are an international applicant, it is usually advisable   you apply in Round 1 itself. However, it is also important to ensure that your application is complete and you have made considerable efforts to project a strong profile. In case your application is not ready by Round 1, you should submit maximum by Round 2.

 

Student Visa Terms and Provisions

  • Students need an F-1 visa to pursue a full-time education in US universities
  • Upon receiving the I-20 from the admitted university, a student must apply for a visa
  • Students can apply up to 120 days from the program start date