Top Universities in the USA to Study MBA

By Subhashri Roy Updated On - Oct 08, 2020 09:16 PM

As per the Financial Times ‘Global MBA Rankings’, 51 of the top 100 MBA programmes are offered by US universities. Check out some of the top universities in the US to study MBA along with the fees, rankings and location. 

The USA has been the most prominent location in the world when it comes to an MBA education. Every year, a great number of students apply for an MBA in the USA. Also, as per the Financial Times ‘Global MBA Rankings’, 51 of the top 100 MBA programmes are offered by US universities. Apart from this, the country is the birthplace of the two-year master’s programme in management. All these factors make the USA a good choice for the students who wish to pursue an MBA abroad.

There are many universities in the USA that offer MBA, but choosing between them sometimes gets confusing. We have listed some of the top universities in the U.S. to study MBA to assist the students in finding the ideal university. Students can check the fees, rankings and location of these top universities in the USA offering MBA. 

Why Study MBA in the USA?

There are many advantages to pursuing an MBA in the USA. Some of the major advantages are listed below.

  • Business schools in the USA have very good connections with international and domestic companies in the world.

  • Another advantage of an MBA from the USA is the quality of the B-schools. Most of them in the USA are ranked among the top universities for MBA in the world. 

  • Placements provided at US universities after completion of an MBA programme are way better than other popular study abroad destinations. Two most popular sectors that MBA graduates in the US are likely to explore include technology and consulting, in which jobs have been exponentially thriving. 

  • According to the 2019 Corporate Recruiters Survey conducted by GMAC, top US companies offer an all-time high median starting salary of US$115,000 to fresh MBS graduates.

  • The admission process for business education in many countries is very difficult, which leads students to prefer the USA to other countries.

Top Universities to Study MBA in the USA

Some of the top universities to study MBA in the USA are provided in the table below:

University/College

Location

FT Global MBA Rankings

QS Global MBA Rankings

Average GMAT Score (out of 800)

Tuition Fee per year

Tuition Fee per year(In INR)

Stanford University

Stanford, CA

3

1

732

$74,706

INR 55,80,538

Harvard University

Boston, MA

1

5

726

$73,440

INR 54,85,968

University of Pennsylvania (Wharton)

Philadelphia, PA

2

1

728

$81,394

INR 60,80,000

Massachusetts Institute of Technology (Sloan)

Cambridge, MA

6

3

714

$78,048

INR 58,30,000

University of Chicago (Booth)

Chicago, IL

10

8

724

$73,440

INR 54,85,968

Columbia University

New York, NY

8

11

716

$75,236

INR 56,20,000

Northwestern University (Kellogg)

Evanston, IL

11

10

717

$74,871

INR 55,92,863

University of California-Berkeley (Haas)

Berkeley, CA

12

9

717

$68,444

INR 51,12,766

University of California-Los Angeles (Anderson)

Los Angeles, CA

NA

13

715

$52,272

INR 39,04,718

Yale University

New Haven, CT

14

18

719

$73,094

INR 54,60,000

Dartmouth College (Tuck)

Hanover, NH

16

45

716

$77,520

INR 57,90,744

University of Virginia (Darden)

Charlottesville, VA

18

56

706

$72,800

INR 54,38,160

New York University (Stern)

New York, NY

22

22

721

$74,184

INR 55,41,544

Cornell University (Johnson)

Ithaca, NY

23

35

700

$71,940

INR 53,73,918

University of Michigan-Ann Arbor (Ross)

Ann Arbor, MI

30

19

708

$71,048

INR 53,07,285

Duke University (Fuqua)

Durham, NC

16

19

710

$70,000

INR 52,29,000

Carnegie Mellon University (Tepper)

Pittsburgh, PA

31

39

690

$70,000

INR 52,30,400

University of Texas-Austin (McCombs)

Austin, TX

40

37

694

$56,572

INR 42,25,928

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

Chapel Hill, NC

39

57

710 (median)

$66,626

INR 49,78,294

Washington University in St. Louis (Olin)

St. Louis, MO

44

61

688

$63,305

INR 47,30,000

Admission Process for Studying MBA in the USA

Students who are planning to study MBA in the USA are advised to check the admission process of that particular university before applying. The admission process can also help the students to handpick some of the institutions from the list. Check the necessary requirements such as eligibility criteria and application to study MBA in the USA provided below. 

Eligibility Criteria for Studying MBA in the USA

Most of the colleges and universities in the USA enrol students who have completed at least 16 years of education. Therefore, students who are interested in pursuing an MBA in the USA must have completed an undergraduate degree after schooling. Those who have completed a master’s degree in any discipline may also apply for an MBA in the USA. Besides this, there are some additional requirements to pursue an MBA in the USA:

  • Four years of bachelor degree

  • Proof of English Proficiency (TOEFL/IELTS)

  • GMAT score over 600

Some universities ask for at least 2-3 years of work experience. However, candidates with no work experience can also apply for admission. 

Documents Required

Candidates will have to submit some additional documents while applying for MBA admission to US universities. Some of the documents are listed below:

  • Letters of Recommendation from former professors/others

  • Scorecard of the university/institution-level entrance test

  • Mark sheet of the qualifying Examination

  • Cover letter elaborating your achievements

  • Resume

  • Statement of Purpose (SOP) explaining why you want to study in a specific college

Admission Process to Study MBA in the USA

Most of the universities in the USA have divided their admission process into multiple rounds. Students will have to fulfil the requirements in each round to get selected for the next round.  They are advised to keep track of the schedule so that they do not miss any date. The admission process is divided into three rounds for most of the universities, as provided below.

  • Pre-application: It involves collecting all necessary documents and appearing for the standardized test

  • Application: It involves completing the application form and uploading of admission prerequisites

  • Post-application: It involves submitting all required documents and fees to confirm the seat.

Once the application round is completed, students will be called for an interview through invitation. Finally, students who successfully complete all the rounds will be selected for admission.

Countries Where You Can Do MBA Other Than the USA

You can also enrol in an MBA programme offered at universities in other popular study abroad destinations such as France, UK, Spain, and more. There are many other countries whose B-Schools are ranked among the top 50 MBA universities to study MBA. Check the table provided below to know about the top B-Schools of other countries.

College Name

Country

FT Global MBA Rankings

Insead

France/Singapore

4

China Europe International Business School

China

5

London Business School

United Kingdom

7

HEC Paris

France

9

Iese Business School

Spain

13

National University of Singapore Business School

Singapore

15

University of Cambridge

United Kingdom

19

HKUST Business School

China

19

University of Oxford: Saïd

United Kingdom

21

Esade Business School

Spain

24

Complete list of top foreign universities offering MBA

In case you have further doubts related to admission to MBA at top US universities, please reach out to us at abroad@collegedekho.com or 785 9990 990. Our team will guide you through the admissions and application process and also give you a detailed understanding of the cost of living in the US, the visa process, among other things.

Stay tuned for more such informative pieces!

Written by Yash Dhamija

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