Study MBA in USA

The US is home to some of the best MBA programs offered by top B-schools like Harvard, Stanford GSB, Northwestern Kellogg, MIT Sloan, among others. MBA is one of the most sought-after programs in the USA primarily because of its STEM-certified MBA programs, career transformation and growth, higher brand value and so forth. 

US business schools make up half of the top 100 featured in the FT Global MBA ranking 2021, including seven of 14 placed in the highest tier of the list. This can be attributed to high US salaries for graduates of top-performing business schools like Yale, Northwestern Kellogg, Duke Fuqua, Dartmouth Tuck and Virginia Darden.

MBA in the US typically takes two years to complete although many MBA programs may last for only a year. Its annual tuition fee may range between $70,000 to $90,000 per year. 

For an Indian student to be eligible for an MBA in the US, the applicant should have completed a Bachelor’s degree and taken the GMAT or GRE (whichever is required). Some US universities might also prefer applicants with prior managerial/work experience of one to three years. Every US B-School would have different eligibility criteria for an MBA, which should be confirmed and met before applying.

Among the many MBA specialisations, the most popular in the US are General Management, International Management, Strategy and Consulting.

Important Highlights of MBA in the USA

Given in the table below are the key highlights of MBA in the US: 

Duration

1-2 years

Average Fees

$70,000 per year

Top Courses/Specialisations

General Management, International Management, Strategy, Consulting, Finance Leadership, Entrepreneurship

Academic Requirements

Bachelor’s degree from a recognised university

A minimum GPA of 3.0 to 3.5 in Bachelor’s

Exam Requirements

GMAT - 600

GRE - 324

Language Test Requirement

IELTS - 7

TOEFL - 100

PTE Academic - 75

Duolingo English Test - 110

Admission Intakes

Fall, Spring, Summer, Winter

Average Salary on Graduation

$80,000 (Annual)

Average Salary after 10 Years

$132,000 (Annual)

Top Recruiters

McKinsey & Company, Deloitte, Apple, Amazon, Boston Consulting Group, Google 

Admission Requirements for MBA in the USA

Here are the admission requirements to apply for an MBA in the US including the eligibility criteria and documents required for admission:

Eligibility Criteria:

  • Should have completed a four-year Bachelor’s degree from a recognised university.

  • Should have taken the GMAT or GRE (whichever is required by the university) and obtained the minimum university-specific GMAT/GRE cutoff.

  • Should also submit evidence of English proficiency by taking tests such as the IELTS, TOEFL, PTE Academic or Duolingo English Test.

  • Relevant work experience of one to three years.

Documents Required:

  • Academic transcripts from your Bachelor’s studies and previous grades

  • CV/Resume

  • GRE/GMAT test score reports, if required

  • English language test scores

  • Proof of funds

  • Letter of Recommendation (LOR) from former previous employers/professors

  • Statement of Purpose (SOP) or motivation letter

Note: Many universities also offer admissions with test scores as optional, instead of it being a requirement.

Top 10 Colleges for MBA in USA

In the table below, find the top MBA colleges in USA along with their national ranks and overall scores:

Rank

Business School

Overall Score

1

Stanford Graduate School of Business

94.2

=2

Harvard Business School

92.2

=2

Penn (Wharton)

92.2

4

MIT (Sloan)

91.4

5

Columbia Business School

90.4

6

UC Berkeley (Haas)

89.3

7

Chicago (Booth)

88.5

8

UCLA (Anderson)

87.5

9

Northwestern (Kellogg)

87.2

10

Yale School of Management

86.6

Source: QS Global MBA Rankings: United States 2022

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