Study MBA in USA

MBA in USA: Learn more about Universities, Scholarships, Top Courses, Colleges and Jobs

Study in USA
MS/PHD in USA
UNDERGRAD in USA
Abhimanyu Prabhu

Abhimanyu Prabhu

Duke University
MBA

"I used Jamboree’s admissions counselling services and managed to get admitted into one of the best B-schools in the US. Definitely give them a try."

Chirag Fialoke

Chirag Fialoke

Harvard University
MBA
GMAT 780

“I enrolled in the weekend batch for GMAT coaching and successfully scored a GMAT 780. I also took Jamboree’s admission services. Personalised assistance with my MBA application helped me land an admit at Harvard.”

Shantanu Naidu

Shantanu Naidu

Cornell University
MBA
GMAT 760

"Jamboree was my first choice for GMAT preparation. Their study material & GMAT coaching are more than enough to get a good score. They focus on student strengths and give you enough time to absorb concepts."

Abhimanyu Prabhu

Abhimanyu Prabhu

Duke University
MBA

"I used Jamboree’s admissions counselling services and managed to get admitted into one of the best B-schools in the US. Definitely give them a try."

Chirag Fialoke

Chirag Fialoke

Harvard University
MBA
GMAT 780

“I enrolled in the weekend batch for GMAT coaching and successfully scored a GMAT 780. I also took Jamboree’s admission services. Personalised assistance with my MBA application helped me land an admit at Harvard.”

Why Study MBA in USA? Top MBA Colleges in USA MBA in USA Eligibility MBA in USA Application Requirements Roadmap Study Costs & Living Expenses Scholarships Top Jobs After MBA in USA MBA in USA: FAQs

For many professionals, especially those looking to advance their careers in management, pursuing an MIM or MBA in USA is a very popular choice. After all, what better country to take this next step in your career than the hub of entrepreneurship and a thriving corporate sector? The US has quickly become the top destination for international students planning their business education abroad.

Why Study MIM/MBA in USA?

Academic Excellence

You can find some of the world's top-ranking MBA colleges in USA, with 1 out of 2 business schools featured in the QS Global MBA Ranking 2024. Recruiters around the world aggressively seek top candidates from MBA colleges like Stanford GSB, Michigan Ross, and Penn Wharton.

Unmatched Resources

Top MIM/MBA colleges in USA focus on experiential learning and delivering high-quality education through developed infrastructure, latest technology, and well-renowned faculty.

Global Exposure

Depending on the school, an MBA in USA can last anywhere from one to two years. Applicants can choose between a normal, executive, or part-time MBA, depending on their experience, interests and the available specialisations. Further, they also have the option to pursue an MIM (Master’s in Management) or a One-Year MBA. Often, MBA colleges in USA design their program's course structure to include a mix of internships and project work.

Accelerated Work Opportunities

Investing in management courses in the United States will always be worthwhile. Top MBA universities in the USA have a high brand value and a high return on investment. MBA in USA is offered across various specialisations, including STEM tracks that offer visa extensions of up to 3 years of OPT to help you secure your dream job after your MBA.

Top MBA Colleges in USA

The USA is home to some of the world's most prestigious MBA programs, offering a range of specialties, innovative teaching methods, and extensive networking opportunities. Here are some universities with consistently high-ranking programs for an MBA in USA:

  • Harvard Business School

  • Stanford Graduate School of Business

  • University of Pennsylvania, Wharton School of Business

  • MIT Sloan School of Business

  • University of Chicago, Booth School of Business

  • Columbia Business School

  • Northwestern University, Kellogg School of Management

  • University of Michigan, Ross School of Business

  • Yale School of Management

  • Duke University, Fuqua School of Business

Top MIM Colleges in USA

Since the USA is the world’s biggest economy and home to some of the best universities for business programs, many international students choose to pursue a Master’s in Management (MIM) there.

Who’s it for? MIM programs in USA are for those early in their careers, typically with 0-2 years of work experience. MIM helps these students build a strong foundation before they venture into the world of business. In contrast, MBA programs are for professionals with a considerable amount of work experience, who are looking to advance their careers. Learn more about MIM here.

Top business schools in the USA offer 100+ top MIM programs in USA. Here’s a handy list of a few top schools that offer world-class MIM courses:

  • MIT Sloan School of Management
  • Columbia Business School
  • USC Marshall School of Business
  • NYU Stern School of Business
  • CMU Tepper School of Business

Top One Year MBA Programs in the US

The emergence of one year MBA programs caters to the need for streamlined and adaptable business education. Designed for mid-career professionals, these programs provide an intensive curriculum that emphasises key competencies. One year MBA graduates are equipped to navigate the fast-paced business landscape, making them attractive to both employers and ambitious leaders. Some top-ranking one year MBA programs in the US are as follows:

  • Northwestern Kellogg one year MBA program
  • Cornell Johnson one year MBA program
  • Duke Fuqua Accelerated MBA
  • USC Marshall one year MBA program
  • Notre Dame Mendoza one year MBA program

MBA in USA Eligibility

The eligibility requirements for an MBA in USA can vary by university, but generally include:

Academic Qualifications
Academic Qualifications

A bachelor’s/undergraduate degree is a requirement. Most programs for MBA in USA require a 4-year bachelor’s degree, but some do allow 3-year bachelor’s degrees.

Language Proficiency
Language Proficiency

Non-native English speakers are required to demonstrate English-language proficiency through tests like TOEFL or IELTS.

Standardized Tests
Standardized Tests

Standardised tests (GRE, GMAT for graduates) are typically required by most colleges as part of your MBA in USA application.

Work Experience
Work Experience

Relevant work experience of at least 2 years is a requirement in order to be eligible to apply to most MBA programs in USA, although there are exceptions.

Visa Requirements
Visa Requirements

F1 or J1 visa is required of full-time and exchange students respectively. In order to obtain the visa, students are required to provide proof of acceptance into a US institution, along with sufficient financial support and proof of funds.

MBA in USA Application Requirements

Eligibility for an MBA in USA typically includes the following requirements:

Bachelor's Degree
Bachelor's Degree

A three- or four-year undergraduate degree from an accredited institution is usually required

GMAT/GRE Scores
GMAT/GRE Scores

Most programs require standardised test scores, like the GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination). Some schools may waive this requirement under certain conditions

Work Experience
Work Experience

Many MBA programs prefer candidates with professional work experience, often ranging from 2 to 5 years. Some programs accept candidates straight from undergraduate studies, especially for specialised or accelerated programs.

Letters of Recommendation
Letters of Recommendation

Applicants generally need to submit 1-3 letters of recommendation, ideally from professional contacts who can speak to their skills and potential.

Statement of Purpose/Essays
Statement of Purpose/Essays

A personal statement or essays explaining your motivations for pursuing an MBA and your career goals is often required.

Resume/CV
Resume/CV

A current resume detailing your professional experience, education, and skills.

Interview
Interview

Many programs require an interview as part of the selection process, which can be conducted in person or virtually.

English Language Proficiency
English Language Proficiency

For non-native English speakers, proof of English proficiency through tests like the TOEFL or IELTS may be required.

Note: Always check the specific requirements of each program, as they can vary.

MBA in US: The Roadmap

With Jamboree

Profile Assessment & Building

Profile evaluation is the first step in the journey to your dream MBA colleges in USA. This process aims to uniquely understand the strengths of our students and help them build a profile well-suited for top universities.

Test Preparation

Our GMAT, GRE, TOEFL and IELTS programs are designed to ensure that you learn what is required to reach your dream MBA college in US – nothing more, nothing less.

University Shortlisting

We take your aspirations into account, guide you through university requirements, and give you a clear picture of your choices to maximise your results.

Application Support & Interview Prep

Exceptional essays, Statements of Purpose, and Letters of Recommendation enhance your college application, and our comprehensive interview prep modules have been developed to ensure you ace this final step of the application process.

Funding Your Degree

We provide extensive support with education loans & scholarships: be it listing opportunities, profile development or 1:1 mentoring to build a winning scholarship application.

Visa Application

Once you’re admitted, we continue to stay by your side with guidance on documentation and visa services.

Cost of Studying MBA in USA

The tuition fee you are required to pay largely depends upon the university you choose to attend. To study in the USA, the cost depends on various factors, such as:

The average cost of studying MBA in USA falls between INR 40 lakh - INR 60 lakh annually.

Here’s a handy guide to help students understand the cost of living and studying MBA in USA better:

Expense Category

Estimated Cost (USD)

Estimated Cost (INR)

Tuition Fees

Public Universities: $20,000 - $60,000

₹16,60,000 - ₹49,80,000

Private Universities: $40,000 - $100,000+

₹33,20,000 - ₹83,00,000+

Accommodation

On-Campus: $10,000 - $20,000

₹8,30,000 - ₹16,60,000

Off-Campus (shared): $600 - $1,500/month

₹6,00,000 - ₹15,00,000

Food

Groceries: $200 - $500/month

₹2,00,000 - ₹5,00,000

Eating Out: $100 - $300/month

₹1,00,000 - ₹3,00,000

Transportation

Public Transport: $50 - $150/month

₹50,000 - ₹1,50,000

Car Expenses: Vary widely

Vary widely

Health Insurance

$1,000 - $4,000

₹83,000 - ₹3,32,000

Utilities

$100 - $300/month

₹1,00,000 - ₹3,00,000

Other Expenses

Books and Supplies: $1,000 - $2,000

₹83,000 - ₹1,66,000

Personal Expenses: $1,000 - $3,000

₹83,000 - ₹2,49,000

Total Estimated Cost

Low-End: $40,000 - $50,000

₹33,20,000 - ₹41,50,000

High-End: $80,000 - $120,000+

₹66,40,000 - ₹1,00,00,000+

NOTE: The costs mentioned above vary from state to state within the US and depend upon several factors including the area, type of accommodation, lifestyle etc.

MBA in USA: Fees at Top Universities

University

Average Tuition (USD)

Average Tuition (INR)

Harvard Business School

$73,000

INR 62L

Stanford Graduate School of Business

$79,000

INR 66.5L

Chicago Booth School of Business

$80,000

INR 67.4L

Haas School of Business, UC Berkeley

$80,500

INR 68L

Yale School of Management

$81,000

INR 68.5L

Columbia Business School

$83,000

INR 70L

MIT Sloan School of Management

$83,000

INR 70L

The Wharton School, University of Pennsylvania

$86,500

INR 73L

Anderson School of Management, UCLA

$90,600

INR 76.5L

Kellogg School of Management, Northwestern University

$110,000

INR 93.5L

MBA in USA Scholarships

Students aspiring to study MBA in USA have ample scholarship opportunities. These scholarships can be school-specific or external. Here’s a quick guide detailing scholarships offered by the top business schools in the USA, for the benefit of those looking to pursue an MBA in USA:

University

Name of Scholarship

Scholarship Amount

Harvard Business School

HBS Fellowship Program

$39,501 (INR 33L per year) (average)

Stanford Graduate School of Business

Knight-Hennessy Scholars

Ranges from $39,500 to $71,820 (INR 33L to 66L per year)

Stanford Graduate School of Business

Stanford Reliance Dhirubhai Fellowship

Ranges from $39,500 to $71,820 (INR 33L to 66L per year)

Wharton School, University of Pennsylvania

Wharton Fellowship Program

Varies on a case-by-case basis, possibility of full tuition coverage

University of Chicago Booth School of Business

Chicago Booth Scholarships

Full tuition + additional stipends

MIT Sloan School of Management

Sloan Fellows Program

Full tuition + yearly living stipend

UC Berkeley Haas School of Business

Dr. Tahir Fellowship; C&J White Fellowship

Varies on a case-by-case basis, possibility of full tuition coverage

Kellogg School of Management, Northwestern University

Kellogg Global Scholarships

Varies on a case-by-case basis, possibility of full tuition coverage

Top Jobs After an MBA in USA

Here’s an overview of some of the most popular and highest-paying jobs in the USA after your MBA, along with average salaries.

Job Title

Average Salary

Management Consultant

$100,000 - $150,000

Investment Banker

$100,000 - $200,000+

Marketing Manager

$90,000 - $140,000

Product Manager

$95,000 - $150,000

Financial Manager

$90,000 - $130,000

Operations Manager

$85,000 - $125,000

Sales Manager

$90,000 - $130,000

Human Resources Manager

$80,000 - $120,000

Business Development Manager

$90,000 - $140,000

Chief Executive Officer (CEO)

$150,000 - $300,000+

Start your USA MBA Applications with Jamboree

Why Choose Jamboree?

Study Overseas Consultancy
Track Record

200,000+

Successful Students

Expert Team

300+

Faculty, Counsellors, & Mentors

verified

30+

Years of Experience

MBA Colleges in USA

*This data is based on Information from Year 2021-2022. Please contact a Jamboree counsellor for accurate information.

Stanford University

Stanford University

Stanford

Total Fees

$149,412

Arizona State university

Arizona State university

Tempe

Total Fees

$59,240

Northeastern University

Northeastern University

Boston

Total Fees

$69,700

University of Houston

University of Houston

Houston

Total Fees

$75,800

University of Alabama

University of Alabama

Tuscaloosa

Total Fees

$62,970

Northwestern University (Kellogg)

Northwestern University (Kellogg)

Evanston

Total Fees

$111,658

University of Central Missouri

University of Central Missouri

Warrensburg

Total Fees

$20000

University of Central Oklahoma

University of Central Oklahoma

Edmond

Total Fees

$22,500

University of Cincinnati

University of Cincinnati

Cincinnati

Total Fees

$32,000

University of Dayton

University of Dayton

Dayton

Total Fees

$22,000

University of California-Berkeley (Haas)

University of California-Berkeley (Haas)

Berkeley

Total Fees

$115,000

Columbia University

Columbia University

New York

Total Fees

$154,752

Duke University

Duke University

Durham

Total Fees

$101,326

New York University (Stern)

New York University (Stern)

New York

Total Fees

$78,700

University of California-Los Angeles (Anderson)

University of California-Los Angeles (Anderson)

Los Angeles

Total Fees

$70,368

University of North Carolina-Chapel Hill (Kenan-Flagler)

University of North Carolina-Chapel Hill (Kenan-Flagler)

Chapel Hill

Total Fees

$66,324

Indiana University

Indiana University

Bloomington

Total Fees

$72,571

University of Texas at Austin

University of Texas at Austin

Austin

Total Fees

$73,465

Cornell University

Cornell University

Ithaca

Total Fees

$94,451

Harvard University

Harvard University

Boston

Total Fees

$146,880

Carnegie Mellon University

Carnegie Mellon University

Pittsburgh

Total Fees

$96,354

University of Michigan-Ann Arbor

University of Michigan-Ann Arbor

Ann Arbor

Total Fees

$92,413

University of Virginia

University of Virginia

Charlottesville

Total Fees

$107,416

University of Pennsylvania

University of Pennsylvania

Philadelphia

Total Fees

$162,756

University of Chicago

University of Chicago

Chicago

Total Fees

$149,838

Massachusetts Institute of Technology (MIT)

Massachusetts Institute of Technology (MIT)

Cambridge

Total Fees

$154,336

Browse MBA Colleges in other countries

MBA in USA: FAQs

Getting an MBA in USA right after college is a fantastic idea. In the United States, there are a number of famous colleges that provide excellent MBA programs that do not require work experience, such as:

  1. Wharton School, University of Pennsylvania
  2. Chicago Booth School of Business, University of Chicago
  3. Haas School of Business, University of California Berkeley
  4. Sloan School of Management, Massachusetts Institute of Technology
  5. Ross School of Business, University of Michigan
  6. Boston College
  7. Kellogg School of Management, Northwestern University
  8. Fordham University

Although studying in the USA can be a costly affair for many international students, American universities offer generous amounts of scholarships that eventually bring down the MBA fees in USA. MBA universities in USA offer scholarships to make education accessible to all from complete to partial tuition fee waivers. Here is a list of the best and most well-known MBA scholarships for international students from all around the world, with a focus on Indian students.

  1. Harvard University – MBA Scholarships In US
  2. NYU Stern School Of Business – William R. Berkley Scholarships In US
  3. Arizona State University W. P. Carey Forward Focus MBA Scholarship
  4. University of Florida Warrington College of Business

Students from India who wish to pursue an MBA at a university in the United States must meet the following requirements:

  • A strong GPA in their previous degree program.
  • Must have completed 16 years of school (10+2+4 years) or a four-year bachelor's degree program.
  • Proof of professional experience if required by the university.
  • A bachelor's degree from a reputable university.
  • IELTS/PTE/TOEFL/Duolingo scores to demonstrate English language proficiency.
  • GMAT or GRE scores depending on the university's requirements.

Many international students choose to stay back and work in the United States after their graduation because of the dynamic atmosphere and the scope of professional opportunities. You can stay in the United States as long as you have a valid F1 visa. You can also apply for temporary jobs under the OPT (Optional Practical Training) program. Students who enrol in a STEM program that includes courses in science, technology, engineering and mathematics can avail up to a maximum of three years of OPT.

Generally, top universities offering MBA in USA will require you to submit a GMAT score. The average GMAT Focus score of the top MBA colleges in USA can range anywhere between 635-675.

Your application to study MBA in USA will necessarily require you to submit these six things:

  • Academic transcript(s)
  • GMAT/GRE test scores
  • English language proficiency test scores (TOEFL/IELTS/ PTE/Duolingo)
  • Your resume
  • A few long-form reflective student essays
  • Two supportive LORs

Additionally: You may be asked to submit one optional short-answer question/a short-answer prompt and a striking video essay (Chicago Booth’s application, for example).

MBA graduates who are consultants are usually in high demand. For example, BCG, McKinsey, and Bain & Company typically pay MBA grads up to USD 165,000 per year. The most common degree where graduates from the United States are recognised and accepted internationally is an MBA in Finance. MBA graduates in Finance may earn up to 102,000 USD per year on average. Top recruiters in the United States pay handsomely for popular career jobs, including marketing directors, marketing managers, and product managers. MBA Marketing graduates from reputable colleges may expect to earn roughly 162,000 USD per year on average.

The US government issues F-1 visas to US non-immigrant students depending on their course and certain guidelines and restrictions. This F-1 visa permits them to work in the country after finishing their studies. International students can apply for an H1-B visa after their F-1 visa extension is over. The H1-B visa allows them to stay and work in the USA for up to 6 years, after which they may apply for a permanent US residency after getting a green card.

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