How to Do MBA From Abroad in 2024 – Having an MBA Degree from Abroad is as fascinating as going to Disneyland. Most career opportunities, such as at big companies, give a chance to students who have graduated from top-level MBA universities abroad.
An MBA degree can provide many opportunities, so studying abroad for Indian students is always a good idea. However, every MBA aspirant must answer questions such as,
- “Which is the best country for MBA for Indian students?”
- “Which are the best MBA programs in the world?”
- “How to do MBA from abroad?”
International students willing to study abroad can get high-quality MBA degrees in countries such as the United States, the United Kingdom, Dubai, etc. However, to determine which country best fits you, consider factors such as the type of university, MBA program, cost of living, standard of living, and job prospects.
Therefore, in this article, we will comprehensively discuss MBAs from abroad, considering various factors. Let’s understand in detail.
MBA Programs Available Abroad
Aspirants can choose from a variety of MBA programs, each with its own set of eligibility requirements and application process:
MBA Program on a Full-Time Basis
It is a two-year, full-time program in which students learn the intricacies of the business world while also preparing for their careers.
MBA Program on a Part-Time Basis
This program is suitable for students who balance work and studies. The classes are held on weekends or evenings after the students’ office hours.
MBA Program Online
Students enrolled in this program can take online classes rather than attending regular classes on campus. Several colleges and universities offer online MBA degrees, allowing students to study around their schedules.
Program for Executive MBA
The MBA program is specifically designed for working professionals who want to improve their knowledge in order to gain a competitive advantage and become an indispensable asset in the job market.
Why Pursue an MBA From Abroad?
Acquire practical experience
Pursuing an MBA from abroad will provide you with advanced business management techniques and an advantage in dealing with modern business problems.
Professional advancement
Top companies can offer students positions in senior management after they graduate from a well-regarded international B-school. Whether in an entrepreneurial role, consolidating their career in a new domain, or diversifying themselves in a new domain, and focusing on how to do MBA from abroad will undoubtedly help them significantly advance their jobs.
Expanded networking possibilities
International students who study for their MBA abroad can network with teaching professionals, students from various backgrounds, and potential employers with extensive experience in their respective fields. This dynamic network will be helpful in the future in unlocking promising opportunities. This well-organized and vast business network will provide them with first-hand information in the dynamic field of business and allow them to take advantage of the best job opportunities.
Increased earning potential
One of the significant reasons for pursuing an MBA in a foreign country is that the average salary and earning potential of an MBA graduate from a reputable foreign business school is higher than that of an MBA graduate from an Indian business school.
Adopt a holistic viewpoint.
Getting global exposure by studying near professionals and companies where a student’s abilities are constantly challenged in learning business management principles allows one to develop a detailed understanding of the dynamic business world. Gaining this insight becomes an essential asset for MBA students, assisting them in dealing with the challenges that arise in a continuous learning and development cycle.
International Exposure.
Studying an MBA abroad can help you build a global network of professionals. There are numerous opportunities to be hired by large corporations such as Amazon, Google, and Intel.
Learn a new language.
Learning another language can be beneficial in the business world, in addition to increasing cross-cultural awareness.
Study at prestigious universities.
Many countries worldwide, including the United Kingdom, the United States, and France, have some of the best business schools in the world. Several top-tier institutions provide flexible curriculums, allowing you to specialise in your interest.
MBA Abroad vs MBA India
| MBA in Abroad | MBA in India | |
| Examples of Top-Ranked Business Schools | UK: London Business School,
Imperial Business School US: Stanford Graduate School of Business Dubai:
|
IIM Colleges, BITS Pilani, Indian School of Business |
| Duration | 1 or 2 years | 2 years |
| Fees | The range between $50,000 to $2,00,000 | The range between $20,000 to $40,000 |
| Work Experience | Require a minimum of two years of experience | A little or no work experience can be fine |
| Salary Expectation After Completion | $70,000 to $1,90,000 | $10,000 to $20,000 |
How to Apply for an MBA Abroad
As one of the most popular courses in the world, studying MBA abroad can provide you with global opportunities in your career. It will strengthen your foundation in business fundamentals such as accounting, finance, marketing, managerial skills and strategy, human resources, and business ethics. However, studying MBA abroad necessitates that students undergo a procedure and meet specific eligibility requirements.
Eligibility
A business or management degree is optional when applying for an MBA in the UK or the US.
However, there are a few prerequisites you must meet before applying to business school:
- Proof of an undergraduate degree
- Work experience (depending on the school)
- Competitive GMAT (or, in some cases, GRE) Exam Score
- TOEFL MBA essays (as required by business school) English language proficiency score
- Letters of recommendation from previous institutions and workplaces
- After the admission committee has approved these documents, students are required to go to the business school for a face-to-face interview.
Exams Required for MBA Study Abroad
To gain admission to a university abroad, a student must take and pass merit-based entrance exams such as the GMAT or GRE. The required GRE/GMAT scores vary by university and can be found on the official website of the respective institution. If you do not pass the exam the first time, you may retake it up to five times in a twelve-month period. While the GMAT can be taken once every 16 days, the GRE can be taken once every 21 days.
A student must take an English proficiency test, either IELTS or TOEFL, to be eligible for an MBA abroad. A TOEFL score of 85-90 and an IELTS score of 6.0 to 6.5 are considered adequate for admission to an international university.
Application Prerequisites
Applying for an MBA at a foreign university is a significant upladdering step in your professional career. An MBA program requires a recognised educational institution’s bachelor’s degree or equivalent. Some additional application requirements are listed below.
- Essays (as required by the university)
- Resume
- Reference letters
- Statement of Purpose (SOP)
i) SOP for an MBA
Your MBA essay provides you with the opportunity to present yourself. Ensure you choose your words carefully and strictly adhere to the word count. Typically, you are expected to provide an overview of
- Your strengths and weaknesses
- Career objectives
- Your reasons for applying to the program
- Your reasons for selecting the specific course and university
- Demonstrating leadership potential
- Describe why you are a good fit for the business school you are applying to.
- Display your professional advancement and achievements.
Application Process
We have summarised the application process below for your convenience. Also, look for colleges/universities at least 12 months before applying for admission.
Profile Evaluation for Course/Country Selection
Choose a few universities to which you will apply and begin gathering the necessary documents.
Visa
After being accepted to a business school in another country, a student must apply for a visa in the new country to which they are immigrating. This would allow them to board a flight to the country and entitle them to the benefits available to students enrolled in that country. The steps to take when applying for a visa are outlined below. You will need a visa as an international student to study in a new country, entitling you to other benefits as a registered student in that country.
MBA in the United States
Because it is home to slightly more than half of the world’s top business schools, it is a popular destination for international MBA candidates.
To study full-time in the United States, you’ll need an F1 visa.
How to Obtain an F1 Visa:
- Apply to a SEVP-accredited school.
- The school will send you an I-20 form once you accept your admissions offer. The school will enter Your name into SEVIS (Student and Exchange Visitor Information System).
- Pay the $200 SEVIS I-901 fee.
- Complete the DS-160 online non-immigrant visa application form. Pay the US$160 F1 visa fee.
- Print the DS-160 barcode and save it. You can get an appointment at your nearest US Embassy or Consulate.
- Gather the following documents in preparation for your visa interview.
-
- A current passport
- Confirmation page for Form DS-160
- Receipt for application fee payment
- The school issues Form I-20.
- Transcripts of academic work and standardized test results
- Evidence of health insurance
- Financial documents demonstrate you have sufficient funds to cover your living expenses.
- Evidence that you plan to return to your home country after graduation
- Show up for your visa interview on the scheduled date.
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- Follow this link to stay in the United States after your MBA.
MBA in the United Kingdom
A Tier 4 (General) student visa requires to study for an MBA in the UK. When your offer is unconditionally accepted, the school will become your sponsor, and you will be get a Confirmation of Acceptance for Studies (CAS) number for visa processing.
Because the UK uses a point-based system, students wanting for the cost must earn at least 40 points to become eligible to study there. The CAS number is worth 30 points, and the remaining 10 points are based on proof of funds, which covers tuition and other expenses in the UK.
MBA Without GMAT Abroad
Some business schools have removed the requirement for a GMAT score. Check the admissions criteria for each course to see if significant work experience is required or if you must submit additional documents with your application.
Some business schools do not require a GMAT or GRE score:
Instead of taking the GMAT, Foster School of Business (Washington) students can take the “Test Optional Summary of Qualifications”. Here, you have to answer two questions related to their analytic and quantitative skills from previous experience. International students pay $56,127 in tuition.
MBA Without Work Experience Abroad
Similarly, if you’re concerned that you don’t have enough work experience, some institutions accept applications from candidates with little to no work experience. The tuition fees for each are listed in the table below.
Work experience is optional when applying to the Stanford Graduate School of Business because the school is more interested in candidates’ impact in the workplace.
Although the average student has five or six years of professional experience while applying to the MBA program the Wharton School accepts early career candidates with little or no experience who demonstrate managerial solid and professional potential.
The admissions committee considers an individual’s work experience not in terms of years but of the depth and breadth of their position, contributing to the work environment, and level of responsibility and progression.
While the London Business School typically attracts candidates with at least five years of work experience, candidates with at least three years of work experience may be admitted if they can demonstrate superior academic credentials and outstanding leadership evidence through professional and personal experiences.
MBA Abroad Curriculum and Course Content
The syllabus and curriculum of MBA subjects in study abroad are similar. However, the quality of education depends on the faculty, facility provided to the students, etc. Let’s examine the various specializations in core subjects available for MBA abroad.
- Customer Relations
- Business Research
- Business Management
- Entrepreneurship
- Marketing Management
- Human Resource Management
- Business Law and Ethics
- Accounting and Finance
- Contemporary Management
- Managerial Economics
- Applied Statistics
- Operational Management
- Customer Behavior
- Business Economics
Here are some of the elective subjects:
- Insurance
- Data Analytics
- Risk Management
- Managing Markets
- Corporate Sustainability Strategy
- Basic Excel for Data Management
- International Insurance Laws
- Strategy
- Integrated Reporting
- Advance Finance
How to Do MBA From Abroad Colleges in the US
Here we have shared some of the universities offering MBA from Abroad in the US.
University of Miami
The University of Miami, a private research university with over 17,000 students worldwide, is a vibrant and diverse academic community focused on teaching and learning, discovering new knowledge, and serving the South Florida region and beyond. The University comprises 11 schools and colleges serving undergraduate and graduate students in over 180 majors and programs. UM, founded in 1925 during the region’s famous real estate boom, is a major research university with an annual research and sponsored program budget of $324 million.
Average Tuition Fees
USD 34783 per annum
Concordia University, Chicago
Concordia University Chicago promotes academic rigour in its liberal arts and professional programs; grounds students in objective truth, integrity, and excellence; and adheres to the Confessional teachings of the Lutheran Church—Missouri Synod as it prepares students for vocations in church, family, and the world.
Average Tuition Fees
USD 46522 per annum
Florida Atlantic University
This is more than a campus; it’s a coastline. FAU fosters a vibrant culture, encouraging ingenuity and independence along 110 miles of Southeast Florida’s coast. At FAU, determination runs deep, and students learn early on that if they dream it, we have the tools to help them achieve it.
Average Tuition Fees
USD 19488 per annum
How to Do MBA From Abroad Colleges in UK
We have shared some of the universities offering MBA from Abroad in UK.
Brunel University
When Brunel was granted its Royal Charter in 1966, it was given a specific purpose and an incredible opportunity. The campus was to be the home of technological education, championing innovation and advancement and providing the UK with the knowledge base required to compete on the global stage. The challenges have changed, but the goals have yet to: to develop research and educational programs informed by and tailored to those who benefit and to provide students with the academic education and personal skills needed to succeed in the real world. This publication identifies five distinct focus areas, each serving as the foundation for their vision until 2030. It acknowledges the values that have contributed to Brunel’s success.
Average Tuition Fees
GBP 18865 per annum
Birmingham State University
The University is renowned for providing student-centric, high-quality education in a professional and welcoming setting. Their excellent courses, cutting-edge facilities, first-rate faculty, and emphasis on practical skills and professional relevance produce some of the most employable graduates in the country. They contribute £270 million to the regional economy and support thousands of local jobs. They’re investing £340 million in their estate, including a significant expansion of their city centre campus at Eastside, providing students with impressive facilities.
Average Tuition Fees
GBP 15952 per annum
How to Do MBA From Abroad Colleges in Dubai
We have shared some of the universities offering MBAs from Abroad in Dubai.
The University of Edinburgh
It has much to be proud of in its many centuries as a world-renowned university, with its rich history, notable alums, and distinguished scholars. From Nobel laureates and Olympic champions to space explorers and prime ministers, the University of Edinburgh has impacted history since its doors opened in 1583. Innovative thinkers – Following the 18th-century Scottish Enlightenment, the University was positioned at the forefront of academia and critical thinking. Facts about the world were being boldly and consistently challenged thanks to the determination and perseverance of a group of Edinburgh intellectuals.
Average Tuition Fees
GBP 28349 per annum.
Heriot-Watt University Dubai
According to the UK National Survey 2019, Heriot-Watt University Dubai is promising and values excellence in teaching and research, and the university is ranked 35th in the UK and 8th in Scotland. Significantly, Heriot-Watt University Dubai was named Best University in the Forbes Middle East Higher Education Awards 2019, paving the way for other Best Universities worldwide.
University of Heriot-Watt Dubai is a Heriot-Watt University satellite campus in Dubai, UAE, founded in 2005. Heriot-Watt University Dubai has world-class infrastructure; the first campus was in International Academic City, and the university recently opened a brand new campus at Dubai Knowledge Park for 4000 students representing 105 nationalities from all over the world.
Average Tuition Fees
AED 78648 per annum
University of Wollongong Dubai
The University of Wollongong in Dubai is a well-known higher education institution internationally recognized for its interdisciplinary research fields and teaching excellence. The University is the most prestigious young university in the world and is a member of UOW’s Australian Global Network. They were ranked 24th in the world by Times Higher Education Young University 2021 and received a five-star rating from QS World University Rank 2021.
The University of Wollongong in Dubai was founded in 1993 and was the UAE’s first International Australian University. The University has expanded its campuses to Australia, Hong Kong, and Malaysia by becoming an international brand.
Average Tuition Fees
AED 55804 per annum
De Montfort University
De Montfort University Dubai, also known as DMU Dubai, is a prestigious branch of De Montfort University (DMU) based in Leicester, UK, and is well-known for providing high-quality education tailored to the contemporary demands of the global job market. DMU Dubai, located in the vibrant heart of Dubai, UAE, is a cornerstone of innovation and learning in the Gulf region, with degrees recognized internationally.
Average Tuition Fees
AED 71990 per annum
Timeline for MBA From Abroad
| Intake | Month |
| Fall | September |
| Spring | May to August |
| Winter | January |
Using the timeline for MBA from Abroad, you can select the course of your degree, specialization, and the month of your enrollment.
Conclusion
This article gave you proper insight into the MBA from Abroad. You can contact us to learn more about Study Abroad in MBA courses. At SecureMyScholarship, we focus on making education accessible and affordable to everyone. Fill out the form below talk to our admission counsellors and get your scholarship today for your favorite university.
