Top MBA Colleges in the World With Fee Structure

As a serious MBA aspirant, you must have thought of studying at one of the top MBA colleges abroad. There is no doubt that being selected by a globally recognised business school is an achievement in itself as it provides you with a lifetime opportunity to connect with some of the best minds in the world. If you are one of those people who want to step up and make a difference in the world as a leader, entrepreneur or business person, then you must definitely strive to get into one of the top-ranked MBA colleges that is definitely competitive yet doable for industrious aspirants.

While you must have heard of the top-ranked universities that offer the best MBA programs like the University of Oxford, MIT, Yale University, University of Cambridge, etc., here you can check a comprehensive list of deemed b-schools of the world. You might also like to know the cost of pursuing an MBA from world-renowned b-schools. Also, find out the eligibility criteria and requirements to study MBA from the Top Universities in the world.

Why Study MBA Abroad? 

Why is an international MBA in high demand? What are the benefits of studying an MBA at a distance? The reasons are numerous, but job progression and great income potential take precedence. Given below are some of the most important reasons to study an MBA abroad that you should be known before learning about the best MBA colleges in the world with fee structure:

Increased Earning Potential/Affordable Compensation

This is one of the most crucial reasons to get an MBA from an international business school. The average income received by an MBA graduate of a prominent international b-school is much greater than that of an MBA graduate of an Indian b-school.

Professional Development

If you graduate from a well-regarded international business school, you will almost certainly have a better chance of obtaining a senior management position at an internationally famous corporation. The majority of MBA graduates from other countries work in senior/top management roles or as entrepreneurs. Whether you want to start a new job or advance in your current field, an MBA from another country is unquestionably the best way to get started.

Increased Networking Potentials

An MBA student studying abroad has several options for networking. This type of student will be able to network with other students (who will have diverse professional and personal experiences and backgrounds), professors and teaching staff, possible employers, and university alumni who have substantial expertise in their field/domain. This vast and well-established business network will be immensely beneficial to your career by making you the first-hand recipient of all essential information in the dynamic sphere of business and increasing your chances of grasping the greatest possibilities.

Acquiring Skill and Knowledge

An MBA degree is typically sought after by both young professionals with a few years of experience and highly seasoned professionals who are eager to learn additional leadership abilities and business management concepts. Pursuing an MBA abroad allows you to step outside of your comfort zone, allowing you to deal with the most recent business concerns and pushing you to implement advanced business management strategies that you have acquired during the course.

Building a Holistic Mindset

By pursuing an MBA overseas, you will be exposed to a large network of experts and firms where you will be regularly challenged with the most recent business management concepts. Such exposure allows you a thorough insight into the dynamic commercial world, a profound comprehension and certain receptiveness to the minor changes in this environment. Developing such talents is extremely difficult without the necessary will and effort. As an MBA student, this knowledge is extremely valuable not just to you as a professional, but also to any possible employer. If you are a person who can manage the challenge of being in a senior leadership position, having a lot of responsibility, and being in a continual learning and development cycle, then you are a good candidate for an MBA from abroad.

Top MBA Colleges in the World With Fee Structure

There are several colleges around the world offering the best MBA programs in the world. Listed below are the top MBA Colleges, based on QS World Rankings 2022:

Eligibility Criteria to Study MBA from Top Colleges Abroad

The basic requirements to study MBA abroad are:

Academic Background

To get admitted to a top b-school, you must have a strong academic background. It is essential for you to have scored well in your high school education and bachelor's degree. If you have a higher education, says a master's degree, then it is equally important to have scored well in that too.

Standardised Qualifying Tests

There is no doubt that MBA aspirants need to provide a qualifying exam score to prove their aptitude. Additionally, the GMAT exam cutoff is high for the top-ranked MBA universities, often more than 600. Some b-schools also accept a GRE score instead of a GMAT. It is recommended to check for the exact requirements.

Language Proficiency

A good language test score is mandatory to prove English proficiency. It can be well-supported through an IELTS or TOEFL exam score depending upon the university's requirement.

Work Experience

The topmost b-schools often have a mandatory requirement of work experience or a minimum of 2 to 3 years in the respective field of study. This requirement may vary with schools and specialisations.

Other Requirements

The aforementioned are the general eligibility criteria that most of us know. What is most important is to have a good statement of purpose, one of the vital documents that helps you to stand out from the crowd. An important point to remember here is that SOP for MBA is different from SOP for an MS. It must have good pointers to highlight why you are a perfect fit to study MBA for a specific top college and also how your studies are going to impact you are the world in future. Applicants must also have a relevant CV/resume and letters of recommendation while applying to a top MBA university in the world.

Related Reads:

Top MBA Colleges in the World for International Students

Check out the table highlighted below to know about the list of top chosen MBA colleges in the world by international students:

Top MBA Colleges in the World With Fee Structure for 1 Year MBA (NEW H2)

One-year MBA programmes have grown in popularity over the last decade. Those individuals who have more than two years of experience and a strong career might benefit from an MBA degree by adding or polishing their abilities to perform significantly better in the corporate sector. A one-year MBA is ideal for people who are certain about their future choice. Apart from that, students who want to join a family firm and require a quick degree are best suited for a one-year MBA. While the one-year MBA programme is intensive and fast-paced, it is best suited for individuals with a strong quantitative foundation.

Let us unveil some of the top MBA colleges in the world with fee structure for 1 year MBA: 

For more information related to MBA admissions abroad, write to us at abroad@collegedekho.com. Our experts will revert to you with the most recent and relevant information on your queries.