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.
|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|
Brown University and Princeton University do not offer an MBA degree.
Powerful Reasons to Study 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
|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
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|
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:
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