Exploring the Opportunities of an MBA in the USA for International Students

The USA is globally ranked as the best place to do a Master’s in Business Administration (MBA). The world’s most prestigious business schools including Stanford Graduate School of Business, Wharton, Harvard Business School, Northwestern University, and The Yale School of Management, offer an MBA in USA for international students. 

An MBA from any US business school graduate gets you more employment opportunities as a marketing manager, business analyst, investment manager, human resources manager, and product manager. Generally, the credits required for an MBA program in a US university are around 42 to 60. 

However, some MBA programs may have fewer or more credit requirements. So, it is always best to check with your university before applying. To apply for an MBA in the USA, you must meet the university’s requirements and provide all essential documents. 

Understanding the MBA Admission Requirements in the USA

Here are the MBA requirements for international students in the USA. 

Academic Requirements:

1. A complete academic record, including all transcripts and diplomas
2. A bachelor’s degree with at least a 3.0 or 3.5 GPA 
3. Proof of participation in extracurricular activities
4. Relevant certifications
5. Letter of Recommendation from previous institution or teachers

Non-academic Requirements: 

1. A Valid Passport
2. A compelling personal statement
3. Have at least 660 scores in a GMAT or equivalent in other standardized tests, including the GRE. 
4. Have at least 6.5 IELTS scores or equivalent in any other English language proficiency test such as TOEFL or PTE. 
5. Proof of financial support, such as a personal statement
6.  A CV or Resume
7. Experience Letter 

Exams Required for MBA in USA

A Graduate Management Admission Test (GMAT) is commonly required for applying to business-related programs. Generally, all US universities require international students to take a prerequisite test such as the GMAT for an MBA in USA. However, some may accept alternative options such as the GRE. Moreover, some universities may offer a GMAT or GRE waiver. 

Many top-ranked business schools including Stanford Graduate School of Business, Harvard Business School, Columbia Business School, Wharton, and MIT Sloan School of Management accept GMAT scores for MBA programs. So, it is best to check your specific university’s prerequisite exam or test requirements before applying for an MBA program. 

Tips for Budgeting the Cost of an MBA Program in the USA

The cost of MBA in USA for international students depends on the university and the duration of the program. The average amount of MBA in USA cost is around $60,000 per year. However, some prestigious business schools and universities such as Stanford Graduate School of Business, Harvard Business School, or Wharton may have higher tuition fees for MBA programs. So, the MBA cost in the USA can exceed up to $90,000 per year. 

Here are some tips for budgeting the cost of an MBA in the USA. 

1. Apply to a business school that offers affordable tuition fees.
2. Find scholarships or financial aid available for applicants with academic excellence or financial restraints.
3. Check the duration of the MBA program before applying. 
4. Make a budget and strictly follow it. 
5. Find cheap accommodation. 

Affordable MBA Programs in the USA for International Students

The cost of an MBA in the USA depends on your specific university’s tuition fee, duration of the program, location, and intake. However, some universities offer low-cost MBAs in USA. Here, we have listed universities that provide the cheapest MBA in  USA for international students.  

1. Wisconsin School of Business
2. BYU Marriott School of Business
3. Mays Business School
4. Gies College of Business 
5. University of Idaho
6. California State University, East Bay 
7. University of New Haven
8. Pennsylvania State University
9. Trulaske College of Business 
10. Warrington College of Business Administration

Top 10 Universities for MBA in the USA

Choosing the best university or business school for doing an MBA in the USA depends on your personal preferences, financial budget, location, availability, course intake, and duration of the program. 

Here are the best universities for MBA in USA for international students.

1. Stanford Graduate School of Business, Stanford University 
2. Harvard Business School, Harvard University
3. The Wharton School, University of Pennsylvania
4. W. P. Carey School of Business, Arizona State University 
5. NYU Stern School of Business, New York University 
6. The Stephen M. Ross School of Business, University of Michigan
7. Columbia Business School, Columbia University
8. MIT Sloan School of Management, Massachusetts Institute of Technology
9. Haas School of Business, University of California Berkeley 
10. A. Gary Anderson Graduate School of Management, University of California

Top 10 Scholarships for MBA Programs in the USA

If you want to apply for an MBA scholarship in USA, you must meet the eligibility requirements set by the scholarship providers. Applicants with academic excellence and financial restraints are more likely to get an MBA scholarship. Here are the top 10 MBA scholarships available for international students in the USA. 

1. Harvard Business School MBA Scholarships
2. Stanford Knight-Hennessy Scholars Program
3. Haas School Of Business Scholarship Programs
4. Wharton Fellowship Program
5. McKinsey Awards — MIT Sloan School of Management Scholarships 
6. American Association of University Women (AAUW) Fellowship Program
7. Consortium for Graduate Study in Management Fellowship - Tuck School of Business 
8. Dean’s Scholarship — Stern School of Business
9. INSEAD scholarships
10. Donald P. Jacobs International Scholarships — Kellogg School of Management 

Job Opportunities after the MBA Program in the USA

The estimated salary of an MBA graduate in the USA is around $1,15,000 per year. We have listed the highest-paying MBA jobs in USA for MBA graduates. 

1. Accountant
2. Sales Manager
3. Investment Banker
4. Financial Analyst
5. Business Operations Manager
6. Logistics Manager
7. Marketing Manager
8. Human Resources Manager
9. Management Consultants 
10. Business Intelligence Analyst

If you want to do an MBA in the USA, you must follow all the essential steps. International Admission Services can help you get into an MBA program at a US university. Our firm has the best consultants and experts to provide you with assistance throughout your MBA admission process. Contact Us Now!