MBA programs in the US are popular among Indian and international students. It is home to Harvard Business School, Stanford GSB, Northwestern Kellogg, MIT Sloan, and many more top MBA programs. MBA aspirants can choose between a two-year full-time MBA program and a one-year program in the US.
MBA programs in the USA can benefit in terms of learning, post-MBA careers, and cultural exposure. In recent years, domestic applications in the USA have decreased. International applicants are more likely to apply to STEM-certified MBA programs since they offer an additional 36 months of OPT (Optional Practical Training). Moreover, earning an MBA can help you alter your profession and expand your career options. According to the GMAC Application Trends report 2019, 50% of overseas candidates apply to the USA in order to obtain a job in the USA.
Apart from the career opportunities, the USA is home to the majority of the world’s top business schools. Thus, an MBA from a top business school can open doors to a variety of opportunities. Also, the best MBA programs in the USA have a high brand value, giving you an advantage over other MBA graduates. Because of the prestige of its educational system, over 75% of prospective students chose the USA as their study destination.
The USA has some of the greatest MBA schools available. Students can choose the duration of an MBA program at some colleges. Full-time, part-time, and accelerated MBA programs are offered by them.
Below are the top full-time MBA programs in the USA:
|Best MBA Colleges||Tuition Fees||GMAT Score (2022)|
|Wharton School of Business||$80,432||722|
|Kellog School of Management||$74,871||727|
|Booth School of Business||$73,440||724|
|MIT Sloan School of Management||$77,168||720|
|Harvard School of Business||$73,440||730|
|UC Berkely Haas||$64,246||727|
|Columbia Business School||$77,376||726|
|Yale School of Management||$72,350||720|
|Texas Austin (McCombs)||$56,572||704|
|UNC (Kenan Flager)||$66,840||694|
Apart from the full-time MBA program, a one-year program is also available in the USA. Let’s take a look at the top one-year MBA programs in the USA:
|One-year MBA Programs USA||Cost|
|Kellogg Accelerated MBA||$140,366|
|Duke Fuqua Accelerated MBA||$114,165|
|Notre Dame (Mendoza)||$81,242|
|USC Marshall (I-Bear)||$124,715|
|NYU Stern Tech MBA||$149,101|
|Babson College One-Year||$128,761|
|University of Pittsburgh||$52,845|
|Peeperdine Graziadio Business School
The cost of an MBA is one of the reasons why non-US citizens avoid studying in the United States. Around 66% of prospective students think that the cost of tuition prevents them from pursuing an MBA in the USA, while 57% agrees that the cost of living prevents them from doing so. One of the most significant problems that students face is the cost of an MBA in the USA. However, fellowships, scholarships, assistantships, and education loans are all options for funding your study. The same report also points out that around 33% of students choose the United States because of the availability of financial aid.
Most of the leading MBA programs in the USA provide merit-based scholarships. Besides that, business schools offer specific scholarships such as diversity scholarships.
Many Indian students aspire to study in the USA. Due to financial constraints, this ambition is often shattered. Thankfully, there are currently a number of scholarships available for Indian students in the USA, and if you keep an eye out, you might be able to get one or more for yourself. In addition, you can apply for college loans in the USA. A high GMAT score can help you qualify for a large scholarship. Let’s check out some of the scholarships available for Indian students in the USA:
The average salary for an MBA graduate in 2022 among the top 12 highest-ranked programs per QS Global Best Business Schools rankings is:
|The Wharton School||$150,000|
|University of Chicago||$145,000|
|Massachusetts Institute of Technology||$140,000|
|Walter A. Haas School of Business, University of California—Berkeley||$137,819|
|M. Ross School of Business, University of Michigan||$129,197|
|Kellogg School of Management, Northwestern University||$121,516|
An F-1 student visa is required to study an MBA in the USA (full-time), which allows you to participate in a 12-month OPT. After completing the program, you will be able to work and reside in the USA for a period of 12 months. If your degree has STEM certification, you can even extend your OPT. OPT will be available to STEM MBA graduates for 36 months.
Many MBA aspirants have recently decided against pursuing an MBA in the USA. This is due to the negative publicity surrounding the H-1B visa. However, the current H-1B sentiment is bad news for IT outsourcing companies but good news for MBA students. It’s even better if you’re aiming for one of USA’s top 30 business schools.
STEM stands for Science, Technology, Engineering, and Math. In the recent past, many business schools have embraced STEM-designation. As mentioned earlier, a STEM-certified MBA program offers 36 months OPT. Thus, you get to stay and work in the United States for an additional 36 months without an H-1B visa.
According to the GMAC application survey, 44% of STEM-certified programmers saw an increase in overseas applications in 2019. The STEM-designated degree program was established by the federal government in 2016 to address the scarcity of competent workers in STEM fields, which are expected to rise by more than a million jobs by 2024. As a result, a STEM graduate will have more work prospects in the USA.
The STEM programs provided by the best MBA programs in the USA are shown in the table below:
|STEM||STEM MBA Certification|
|Columbia Business School||Entire Full-time MBA program|
|Stanford GSB||Entire Full-Time MBA program|
|Harvard Business School||Management Science track in Full-time MBA|
|Michigan Ross||STEM-Designated Track|
|NYU Stern||Entire Full-Time MBA program|
|Yale SoM||STEM-MBA concentration|
|Dartmouth Tuck||Management Science and Quantitative Analysis|
|UNC Kenan-Flager||STEM Concentration|
|Northwestern Kellogg||Management Science|
|Wharton School of Business||Majors in full-time MBA: Statistics, Actuarial science, Business Analytics; Business Economics & Public Policy; Business, Energy, Environment & Sustainability; Operations, Information, and Decisions|
|UC Berkely Haas||MBA (All programs)|
|CMU Tepper||MBA (All programs)|
|Chicago Booth||Entire Full-Time MBA program|
|Simon Business School||MBA (All programs|
|MIT Sloan||Entire Full-Time MBA program|
|Purdue – Krannert School of Management||MS Marketing, MS business analytics & information management, MS Finance, MS Global Supply chain management, MS Economics|
|Wisconsin School of Business||MBA in Operations and Technology Management, MBA in supply chain management|
|University of Massachusetts Dartmouth||MBA in Business Analytics|
|University f Notre Dame||MBA/MS in Business Analytics Dual degree|
|Tippie College of Business||Masters in Finance|
|Whitman School of Management||Masters in Finance|
|Darden Virginia||Specialization in Management science full-time MBA|
|Georgetown (McDonough)||Management science major in full-time MBA|
|Indiana Kelley||Five majors in Full-time MBA: Business analytics, finance, marketing, accounting, and supply chain management|
|UC-Davis||Entire Full-Time MBA program|
|Olin Business School||Entire Full-Time MBA program|
Diverse culture is broadly celebrated on university and college campuses across the USA. The country is commonly referred to as an immigrant nation, and MBA schools recognise the importance that international students offer to the educational experience in terms of their languages, cultures, and traditions.
Culture and diversity are becoming increasingly important in the best MBA programs in the USA. Stanford GSB, for example, declares that it is committed to creating inclusive environments for its members to learn from one another and celebrate diversity’s power. International students make about 43% of the incoming class of 2021.
The percentage of international students in the leading MBA programs in the USA is shown in the table below:
|MBA in USA||% of International Students (Class profile 2022)|
|Wharton School of Business||19%|
|Kellogg School of Management||26%|
|Booth School of Business||42%|
|MIT Sloan School of Management||33%|
|Harvard Business School||33%|
|UC Berkely (Haas)||21%|
|Columbia Business School||44%|
|Yale School of Management||32%|
For international students, the USA has the best MBA programs from top colleges. Due to its diversity and exposure, the country offers several options. The curriculum will be taught in a unique way at the greatest universities, such as Stanford or Berkeley. If you want to work in the business sector and build a career at some of the world’s top companies, getting an opportunity to study MBA in the USA can be your best option. An MBA from a top-tier management school in the USA can also help you earn more and get a better return on your investment.
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