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MBA in USA

MBA in US

International students often pursue an MBA in USA for the high-quality education and multitude of specializations offered at the leading B-schools such as MIT (Sloan), Stanford, Harvard Business School, and so on.

The median enrolment rate for business schools in the USA in 2023 was 62%. As per reports, more than 90% of employers in finance, technology, and consulting industries had hired MBA graduates in 2023. 66% of employers believed that MBA graduates were more competitive and made better employees.

Overview of MBA in USA

Here’s a small table explaining what you can expect:

Program Aspect Details
Duration Typically 2 years, though 1-year accelerated options exist for professionals with prior experience
Average fees Ranges from $60,000 to $120,000 per year, depending on the institution
Core subjects Finance, Marketing, Strategy, Operations, Leadership
Specializations Technology, Healthcare, International Business, Entrepreneurship
Key benefits Extensive alumni networks, global corporate partnerships, high return on investment, and optionality to specialize deeply

 

Why Choose MBA in USA

Here are some reasons why doing an MBA in USA is a great choice:

Top faculty in the MBA institutions in the USA

The USA business schools have world-leading business education providers. They offer the perfect combination of industry experience and academia.

Huge salary potential 

The median base starting salary for MBA graduates in the USA is higher when compared to MBA graduates from other countries. As per GMAC, the median base starting salary for MBA grads is USD 125,000.

Top quality and reputation of the USA MBA programs

The leading US Business Schools have topped global MBA rankings time and again. These MBA programs and schools rank solidly on metrics like alumni outcomes, return on investment and employability.

Career launch in one of the leading global organizations

Pursuing an MBA in USA opens up employment opportunities with leading global organizations like J.P.Morgan, Amazon, McKinsey, and so on in roles like financial manager, marketing manager, management consultant, and so on.

Diverse learning environment with a great networking scope

Since international students from across the globe pursue various MBA programs in the USA, the learning environment is diverse. These schools have active alumni and reliable contacts and references, offering great networking scopes.

MBA in USA: The Top B-Schools

Here are the top colleges and universities in the USA offering MBA programs, along with their QS Global MBA rankings for 2025.

QS Ranks Name of College/University Specializations
1 Stanford Graduate School of Business Accounting, Finance, Human Resource Management
2 Penn (Wharton) Business Analytics, Entrepreneurship and Innovation, Healthcare Management, Real Estate, Quantitative Finance
3 Harvard Business School Business, Government and the International Economy, Accounting and Management, Entrepreneurial Management
4 MIT (Sloan) Marketing Management, Business Analytics, Financial Accounting
5 Columbia Business School Economics, Health Care Management, International Business
6 Northwestern (Kellogg) Management Analytics, Economics, Accounting
7 UC Berkeley (HaaS) Energy and Clean Technology, Social Sector Leadership, Corporate Social Responsibility
8 UCLA (Anderson) Management Consulting, Finance, Leadership Development
9 Chicago (Booth) Econometrics and Statistics, Behavioral Science, International Business
10 Yale School of Management Healthcare, Sustainability, Asset Management

 

Most Popular MBA Courses in the USA

Candidates can choose from a variety of MBA programs in the USA. Some of the most popular courses are as follows:

MBA Specialization Description Popular Universities
MBA in Accounting Focuses on financial knowledge and skills for ethical leadership and decision-making in an interconnected world. Stanford University, Pace University, Fitchburg State University
MBA in Finance Examines financial phenomena and policy issues using valuation, econometrics, and empirical approaches to understand risk. Stanford University, New York University, Cornell University
MBA in Information Systems Covers the impact of technology on business strategy, efficiency, and policy, utilizing data analysis, computer science, and machine learning. University of Florida, University of Buffalo, University of Michigan
MBA in Marketing Studies consumer behavior and marketing programs using insights from psychology, anthropology, and economics. University of Pittsburgh, University of South Dakota, Suffolk University
MBA in Business Analytics Specializes in data analysis to evaluate efficiency, cost, and results, enhancing leadership and technical skills. University of Arizona, Pace University, Gannon University

 

Admission Checklist

For those interested in pursuing an MBA in US, here is a general admission checklist detailing the typical requirements:

Requirement Details
Application form Available online via each college’s admissions page
Academic transcripts Bachelor’s degree from an accredited institution
Standardized tests GMAT or GRE, with competitive scores based on college averages
Work experience Most top programs recommend 2-5 years of full-time work experience
Essays and personal statements Essays often focus on career goals, leadership experiences, and motivations for pursuing an MBA
Letters of recommendation Typically 2-3, from professional contacts who can speak to your leadership and problem-solving skills
Interview Generally conducted after the initial screening. It can be online or on campus.

 

Fees for Top MBA in USA Programs

Here’s a look at the fees for top programs:

Name of the B-School Annual Fees 
Stanford Graduate School of Business $82,455
Wharton School at the University of Pennsylvania $84,830
Harvard Business School $76,410
MIT Sloan $84,350
Columbia Business School $88,300
Kellogg School of Management at Northwestern University $87,795
UC Berkeley (HaaS) $85,406
UCLA (Anderson) $78,268
Chicago (Booth) $84,198
Yale School of Management $85,400

 

Eligibility Requirements

Let us take a look at the general eligibility criteria for pursuing MBA in USA:

Eligibility Details
Bachelor’s Degree
  • Minimum 16 years of education – school (10+2) + Bachelor’s degree – 4 years
  • Some universities accept 15 years of education (Bachelor’s degree – 3 years)
Proof and Test Scores of English Language Proficiency Test like IELTS or TOEFL
  • The required score might vary slightly from one university to the other
GMAT or GRE Test Scores
  •  The minimum score for GMAT should be 600
  •  The minimum score for the GRE should be 300+
Work Experience
  •  Some B-schools look for 2-3 years of work experience
  • Many B-schools offering MBA in the USA consider candidates with no work experience. Students with work experience have an edge over these candidates.

 

Intake & Admission Deadlines

The U.S. follows a multi-round admission system, with most MBA programs accepting applications in 2-3 rounds. Here are common deadlines for top programs:

Name of the B-School Application Submission Deadline
Stanford Graduate School of Business Round 1: September 10, 2024

Round 2: January 8, 2025

Round 3: April 8, 2025

Wharton School at the University of Pennsylvania Round 1: September 4, 2024

Round 2: January 3, 2025

Round 3: April 2, 2025

Deferred Admission Round: April 23, 2025

Harvard Business School Round 1: September 4, 2024

Round 2: January 6, 2025

Deferred Admission Round: April 23, 2025

MIT Sloan Round 1: September 30, 2024

Round 2: January 14, 2025

Round 3: April 7, 2025

Columbia Business School Round 1: September 10, 2024

Round 2: January 7, 2025

Round 3: April 1, 2025

Kellogg School of Management at Northwestern University Round 1: September 11, 2024

Round 2: January 8, 2025

Round 3: April 2, 2025

UC Berkeley (HaaS) Round 1: September 12, 2024

Round 2: January 9, 2025

Round 3: April 3, 2025

UCLA (Anderson) Round 1: October 1, 2024

Round 2: January 6, 2025

Round 3: April 7, 2025

Chicago (Booth) Round 1: September 19, 2024

Round 2: January 7, 2025

Round 3: April 3, 2025

Yale School of Management Round 1: September 10, 2024

Round 2: January 7, 2025

Round 3: April 8, 2025

 

Note: Applying in Round 1 is advantageous as it increases the likelihood of securing a spot, while Round 2 allows more time to perfect your application.

MBA Scholarships

Here are some scholarships frequently awarded at US MBA schools:

Scholarship Name Institution/Provider Eligibility Award Amount
Stanford Knight-Hennessy Scholars Program Stanford Business School Open to all graduate applicants Full tuition + stipend
Harvard Business School Scholarships Harvard University Based on financial need Varies, full tuition possible
Forte Fellowship Forte Foundation Women in MBA programs Partial to full funding
Next Genius Foundation Scholarship Various U.S. Institutions Academic excellence Partial tuition
Consortium Fellowship Consortium for Graduate Study in Management Students promoting diversity Full tuition
Veteran’s Benefits U.S. Government U.S. military veterans Full or partial tuition

 

Career Paths After MBA

Here are some typical career outcomes:

  • Consulting: Graduates often join top consulting firms like McKinsey, Bain, and BCG, where they can leverage their strategic skills.
  • Finance: Leading banks like Goldman Sachs and JP Morgan offer lucrative roles in investment banking, asset management, and private equity.
  • Technology: Tech giants such as Google, Amazon, and Apple seek MBAs for roles in product management, business development, and corporate strategy.
  • Healthcare & Pharma: Companies like Johnson & Johnson and Pfizer hire MBAs for healthcare management and operations roles.
  • Entrepreneurship: MBA in US programs often encourage entrepreneurship, with many graduates founding successful startups backed by venture capital.

Work Permit in the USA After MBA

Students completing their MBA in USA can obtain a post-graduate work visa. With the F1 visa, candidates can stay in the USA.

Candidates can seek advantages for scopes of temporary employment under two programs:

  • OPT (Optional Practical Training)
  • CPT (Curricular Practical Training)

Students can obtain 3 years of stay-back terms on enrolling in STEM programs including courses in Engineering, Computer Science, and Business Management.

Documents Required for CPT and OPT

To apply for CPT and OPT, candidates will require the following documents.

For OPT (Optional Practical Training)

  • Printout of the I-94
  • Original I-765
  • Current passport copy
  • 2 passport-size photographs
  • F-1 visa stamp copy on passport
  • Copies of all earlier issued I-20s
  • EAD cards’ copies – earlier issued ones
  • Copy of OPT recommendation and I-20

For CPT (Curricular Practical Training)

  • Present copy of I-20
  • Academic Recommendation Form
  • CPT online workshop completion certificate
  • Electronic form I-94 printout
  • Training certificate from the employer

Top Recruiters for MBA Graduates in the USA

Recruiter Field of Recruitment Details
McKinsey & Company Management Consulting A leading consulting firm is known for hiring MBA graduates from top business schools.
Boston Consulting Group (BCG) Management Consulting One of the top consulting firms recruiting for strategy and management roles.
Bain & Company Management Consulting Focused on strategy consulting and consistently ranks among the top MBA employers.
Amazon E-commerce, Operations, and Technology Hires for roles in product management, operations, and logistics.
Google Technology and Product Management Offers roles in product management, business operations, and strategy.
JP Morgan Chase & Co. Banking and Financial Services Recruits MBA graduates for investment banking and leadership roles.
Goldman Sachs Investment Banking and Asset Management Known for hiring MBAs for financial advisory and wealth management.
Accenture Consulting and Digital Transformation Recruits MBAs for strategic consulting and technology solutions roles.
Deloitte Consulting, Risk Management, and Strategy Offers roles in strategy, risk analysis, and technology consulting.
General Motors Automotive and Business Strategy Recruits for business strategy and operational leadership roles.

 

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FAQ's

Is work experience required for MBA programs in the U.S.?

Most top MBA programs prefer applicants with 2-5 years of work experience, as it enhances class discussions and allows for peer-to-peer learning.

What is the average duration of an MBA in US?

U.S. MBAs typically last 2 years, though there are 1-year accelerated options at select schools for those with relevant prior experience.

What standardized tests are required?

Most MBA in US programs require GMAT or GRE scores. However, some programs may waive test scores for exceptional cases or experienced professionals.

Can I work while studying for an MBA in the U.S.?

Yes, international students on an F-1 visa can work up to 20 hours per week on campus. Post-graduation, the Optional Practical Training (OPT) program allows for work in the U.S. for up to 12 months.

Are there scholarships for an MBA in US student?

Many schools offer need-based and merit-based scholarships to international students, though these are highly competitive.

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