A complete guide for studying MBA from USA

 Every year, millions of international students vie for a management degree from one of the many universities in the United States. USA is very popular among MBA seekers from all over the world that it has a flourishing marketplace and the method it manages successful businesses around the world with its administration and management leaders. According to the Financial Times' Global MBA ranking, 51 of the top 100 business school programs are from colleges in the US. And, its 11 universities rank among the top 20 universities in the world, according to other rankings from the ARWU, and QS rankings.

The demand for MBA from USA can also be gauged from the fact that every year more than 50 percent of the candidates send their GMAT (Graduate Management Admission Test) scores to universities in the US. If you share a similar dream of graduating from an American university or college, then you are in the right place to learn about it.

 

A complete guide for studying MBA from USA


Here's a look at the top ranked colleges in the United States.

Best MBA Colleges in USA

Harvard Business School

Stanford Graduate School of Business

Yale University

University of Chicago - Booth School of Business

University of Pennsylvania - Wharton School

University of California at Berkeley - Haas School of Business

Massachusetts Institute of Technology - MIT Sloan School of Management

Columbia Business School

University of California, Los Angeles (UCLA)

 

Eligibility Criteria for International Students

Entry requirements for universities in the United States will vary depending on the reputation and ranking of the institutions. Nevertheless, all international students are expected to complete a minimum of 16 years of education (10 + 2 post-graduation or diploma) and provide academic transcripts before taking the entrance examination. In addition, students who have completed their master's degrees are also eligible to apply for an MBA in the USA.

 

To understand the application process, you also have to look at the specifics:

Work Experience: For the majority of business schools in the United States, your relevant work experience serves as one of the most important criteria for your selection. So will you have some years of relevant work experience?

Letter of Recommendation (LOR): This is a letter written by someone who has closely taught / helped you in a subject related to the subject you have applied. If you have 2 - 3 three recommendation letters, then it is very beneficial for you.

Statement of Purpose (SOP): SOP is written by applicants indicating the life goals of the candidates, as well as their reasons for wanting to join a particular institution.

Essay: Application essay is a make or break deal for your application. Make sure you display an advanced level of thoughtfulness as this is your chance to market yourself.

 

MBA cost in USA

You may ask how much does it cost to do an MBA in USA.

Thousands of people in India aspire to get a seat in the United States to pursue their MBA degrees, but some have to let go of their dreams because it costs a fortune.

While this cost varies depending on other charges including university tuition fees, application fees, program fees, examination fees, city living costs, food and lodging, and personal expenses, we can still meet it An average amount that you should be prepared to spend on your education.

A two-year MBA program in the United States should have a comfortable budget of $ 200,000 (or INR 1,38,54,000), including all of the above expenses.

 

Examination for MBA in USA

Your next question may be- What exams are there for MBA in USA?

Candidates must begin the GMAT or GRE (depending on the universities you target) to pursue full-time management studies in the United States. In addition, you must take the TOEFL (Test of English as a Foreign Language) exam, which will prompt your command to read, listen, speak and write in the English language.

GMAT: Computer-adaptive test, 3 hours and 30 minutes exam, assesses a person's skills in analytical writing, quantitative, oral and standard written English.

GRE: It is the world's largest evaluation program for graduate admission. Top-ranked MBA programs in the USA accept GRE scores to evaluate potential candidates.

Then there are colleges in the United States that offer MBA courses even without GMAT scores. They are:

Northwestern University

University of Pennsylvania

Harvard University

Massachusetts Institute of Technology

Duke University

Columbia University

Kernel University

University of Virginia

Stanford University

University of California (Los Angeles)

New York University

Carnegie Mellon University

 

Scholarships and financial aid for Indian students

For starters, one should start looking for financial aid options at the time of research for appropriate vocational schools. While top MBA colleges will have the option of offering you a scholarship of up to 50%, if you settle for other colleges, you need a back-up plan.

Below is the list of institutes that offer you scholarship to study MBA in USA along with scholarship from India.

S. N. Bose Scholars Student Exchange Program for Indian Students

Fulbright-Nehru Fellowship

Tata Scholarship at Cornell University

 

Chicago Booth School of Business

Stanford Reliance Dhirubhai Fellowship for Indian Students

Clark University Global Scholars Program Scholarship

University of Minnesota International Excellence Scholarship

Michigan State University, IC Shah Scholarship

University of Wisconsin-Superior Non-Resident Tuition Waiver Program

Asian Development Bank Government of Japan Scholarship Program

 

 

The conclusion

"Why MBA?" There is a question that evens the most intelligent and experienced applicants are surprised. There can be many diverse perspectives on whether you should do an MBA or not. We understand you, and that is why we provide guidance and solutions for MBA here in USA and other education needs.

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