Choosing to study a destination or country for an MBA abroad is not a difficult task, but choosing one of the top MBA colleges abroad can be a challenge. If you don’t research a particular university, the course fees, scholarships, placement, and return on investment. In this regard, a study abroad consultant can be your help. They can help you choose the best country and University to study an MBA abroad according to your career goals and budget.
An MBA abroad offers a transformative experience for Indian students, especially for those who want to go beyond academics. This exposes management aspirants to global business practices, networking opportunities, diverse cultural experiences, and expansive professional circles.
With countries like the United States, the United Kingdom, Australia, Ireland, New Zealand, and Canada offering world-class MBA abroad for indian students, they benefit from globally accredited and recognised curricula, industry exposure, integrated learning, and unmatched post-study work opportunities.
An MBA in foreign countries, as mentioned above, is especially popular among Indian management aspirants because of their industry exposure, multicultural environments, Indian student communities, and highly innovative education systems. If it is the prestige of the United States, a practical edge of Ireland, or the post-study work opportunities in Canada or Australia, pursuing an MBA from a foreign university is a passport to global success.
Let’s explore the top MBA colleges abroad, in the UK, the USA, Australia, Ireland, New Zealand, and Canada. You will get to know the MBA abroad eligibility for admission, average tuition fees, average cost of living, top jobs, average salary, and more!
Master of Business Administration in the USA for Indian Students
The United States is a destination for globally renowned B-schools. It is known for its innovative curriculum and thriving job market. An MBA degree program from the USA offers international exposure, top networking opportunities, and a high return on investment.
MBA in USA: Average Cost - The average cost of studying an MBA in USA ranges between 50 lakh INR and 80 lakh INR, depending on the university you choose.
Average Cost of Living - As an Indian student, you may need 10 to 20 lakh INR annually for your average living costs for living in the USA, including accommodation, food, transport, and other expenses.
MBA in the USA Duration - Most MBA programs in the United States require two years to complete.
Eligibility Requirements - A bachelor’s degree, GMAT or GRE scores, work experience may be asked by some Universities, but not mandatory in most cases, English proficiency, and a strong SOP and LOR.
|
University Name |
Tuition fees in USD and INR |
|
Stanford Graduate School of Business |
USD 76,950/ 64 lakh INR |
|
Harvard Business School |
USD 73,440/ 61 lakh INR |
|
Wharton School, University of Pennsylvania |
USD 84,874/ 71 lakh INR |
|
MIT Sloan School of Management |
USD 82,000/ 69 lakh INR |
|
Booth School of Business, University of Chicago |
USD 80,961/ 68 lakh INR |
Fulbright-Nehru Master’s Fellowships, Stanford Reliance Dhirubhai Fellowship, Harvard Business School Need-Based Scholarship
|
Job Title |
Average Salary in USD |
|
Management Consultant |
120,000 – 160,000 |
|
Investment Banker |
130,000 – 180,000 |
|
Product Manager |
110,000 – 150,000 |
|
Marketing Manager |
100,000 – 140,000 |
Master of Business Administration in the UK for Indian Students
The United Kingdom is a destination for some of the world’s most esteemed business schools with globally recognised MBA programs. A shorter duration, mostly one year, international exposure, global networking, and strong post-study work opportunities make the United Kingdom an attractive destination for Indian management aspirants.
MBA in the UK: Average Cost - The average tuition fee for an MBA program in the United Kingdom ranges from 20 lakh INR to 60 lakh INR, which is equivalent to GBP 20,000 to GBP 60,000, depending on the university.
Average Cost of Living - The cost of living for Indian students in the United Kingdom ranges between 8 lakh to 12 lakh INR per year, which can be around GBP 800 to GBP 1,200 per month, including accommodation, food, and transport.
MBA in the UK Duration - The UK MBA duration is normally one year or 12 months, which saves both time and money compared to longer global programs in other countries.
Eligibility Requirements - To be eligible for an MBA in UK, you must have a bachelor’s degree, 2–3 years of work experience, not compulsory but desirable, GMAT/GRE, which is also optional in most Universities, and an English proficiency score.
|
University Name |
Tuition fees in INR |
|
London Business School |
75 to 85 lakh INR |
|
University of Cambridge |
60 to 65 lakh INR |
|
University of Oxford |
65 to 70 lakh INR |
|
University of Warwick |
40 to 45 lakh INR |
|
Imperial College Business School |
50 to 55 lakh INR |
The top scholarships to study an MBA program in the UK are Chevening Scholarships, Commonwealth Scholarships, and GREAT Scholarships. Almost all scholarships offer full-cost tuition fee waivers and living expenses, excluding the GREAT scholarships, which vary by the universities.
|
Job Title |
Average Salary in USD |
|
Management Consultant |
120,000 – 160,000 |
|
Investment Banker |
130,000 – 180,000 |
|
Product Manager |
110,000 – 150,000 |
|
Marketing Manager |
100,000 – 140,000 |
Master of Business Administration in Australia for Indian Students
Australia is a popular country that offers globally accredited MBA programs with an industry-oriented curriculum and strong industry linkages. It is a diverse country with international students. Top universities in Australia rank globally for their management programs.
MBA in Australia: Average Cost - The average tuition fee for an MBA in Australia ranges between INR 25 lakh to INR 45 lakh for the full course. Though it depends on the university and specialisation it offers.
Average Cost of Living - The cost of living in Australia for international students is approximately between INR 9 lakh and INR 13 lakh per year, including accommodation, transportation, food, and other expenses.
MBA in Australia Duration - Most MBA programs in top universities in Australia last for 1 to 2 years, depending on whether it is a general MBA programme or a specialised programme with internships and placement.
Eligibility Requirements - To be eligible to study an MBA in Australia, you must have a UG degree from a recognised University with a minimum of 2-3 years of work experience (varies by university), GMAT or GRE (optional for many universities), and English proficiency score of any, such as IELTS/TOEFL/PTE, etc.
|
University Name |
Tuition fees in INR |
|
University of Melbourne |
52 – 55 lakh INR |
|
University of New South Wales |
44 – 48 lakh INR |
|
Monash University |
32 – 35 lakh INR |
|
University of Queensland |
30 – 34 lakh INR |
|
Macquarie University |
28 – 30 lakh INR |
The top scholarships offered by the Universities of Australia for international MBA students are the Australia Awards Scholarship, AGSM Global Reach Scholarship, and Melbourne Business School Scholarships.
|
Job Title |
Average Salary in INR |
|
Management Consultant |
60 – 85 lakh |
|
Financial Analyst |
45 – 65 lakh |
|
Marketing Manager |
50 – 70 lakh |
|
Business Development Manager |
40 – 60 lakh |
Master of Business Administration in New Zealand for Indian Students
New Zealand offers globally recognised MBA programs with cost-effective tuition fees. It is a safe learning environment for international students. With strong work-study options, bespoke management curriculum, industry internships, and global career opportunities, NZ has become the most sought-after destination for studying an MBA.
MBA in New Zealand: Average Cost - The average tuition fee for an MBA program in New Zealand ranges between INR 18 lakh to INR 30 lakh for the full course.
Average Cost of Living - The living expenses for international students typically range between INR 8 lakhs to INR 12 lakhs annually, depending on the city and lifestyle you choose.
MBA in New Zealand Duration - The duration for studying an MBA in New Zealand is 1 to 1.5 years. The program can be extended up to 2 years with specialisations or internships.
Eligibility Requirements - The eligibility requirements for an MBA in NZ are - you must have a recognised bachelor’s degree, preferably in management, business, economics, or other relevant subjects, with a minimum of 3 years of work experience, but it is not always mandatory. You must also have English language proficiency; IELTS/TOEFL/PTEG, etc. You may also be asked to submit a valid GMAT score by some universities
|
University Name |
Tuition fees in INR |
|
University of Auckland |
27–30 lakhs INR |
|
University of Otago |
22–25 lakhs INR |
|
Victoria University of Wellington |
18–22 lakhs INR |
|
University of Canterbury |
20–24 lakhs INR |
|
Auckland University of Technology |
18–21 lakhs INR |
Here are the top three scholarships to study an MBA in New Zealand for international students. New Zealand excellence awards, University of Otago international MBA scholarship, and AUT international excellence scholarship.
|
Job Title |
Average Salary in INR |
|
Business Consultant |
40 – 60 lakhs |
|
Operations Manager |
35 - 55 lakhs |
|
Financial Controller |
45 – 65 lakhs |
|
Marketing Manager |
40 – 58 lakhs |
Master of Business Administration in Canada for Indian Students
Canada is one of the most sought-after destinations for studying an MBA program for international students. Canadian universities offer globally recognised MBA programs with an excellent return on investment. Business Schools in Canada are known for their diverse campuses, post-study work opportunities, and a welcoming environment.
MBA in Canada: Average Cost - The average MBA tuition fees in Canada range between CAD 30,000 and CAD 60,000 per year. The program fees vary across Universities.
Average Cost of Living - The average living expenses in Canada for international students can be around CAD 10,000 to CAD 15,000 per year, including accommodation, food, transportation, and medical insurance.
MBA in Canada Duration - The duration for an MBA in Canada is 1 to 2 years, though it depends on whether the program is a full-time, part-time, or executive one.
Eligibility Requirements - If you want to study an MBA in Canada, you must have a bachelor’s degree, GMAT/GRE score, English proficiency score, like IELTS/TOEFL/PTE, etc., work experience, desirable but not mandatory, SOP and LOR.
|
University Name |
Tuition fees in CAD |
|
University of Toronto |
66,210 CAD |
|
McGill University |
49,500 CAD |
|
University of British Columbia |
49,000 CAD |
|
York University |
51,000 CAD |
|
Western University |
67,000 CAD |
Several scholarships are offered to MBA students by various Canadian Universities. Here are the top three: Ontario Graduate Scholarship, Haskayne Entrance MBA Scholarship, and Rotman Entrance Awards and Fellowships.
|
Job Title |
Average Salary in CAD |
|
Management Consultant |
90,000 – 120,000 |
|
Financial Analyst |
70,000 – 85,000 |
|
Marketing Manager |
80,000 – 110,000 |
|
Operations Manager |
85,000 – 100,000 |
Master of Business Administration in Ireland for Indian Students
Ireland is a hub of top MNCs with a growing economy. The country offers a dynamic business environment as well as excellent post-study work opportunities. With high-standard management education, comparatively lower tuition fees, and global exposure, Ireland presents competitive MBA programs for international students.
MBA in Ireland: Average Cost - The tuition fees for an MBA in Ireland can go up to €36,000 per year. It depends on the university and program type, whether it is a full-time, part-time, or executive MBA program.
Average Cost of Living - The cost of living in Ireland for an MBA student can go up to €12,000 per year, which includes accommodation, food, travel, and miscellaneous expenses.
MBA in Ireland Duration - The duration of an MBA program in Ireland is of 1 year. It offers a fast-track way to a career in advanced management.
Eligibility Requirements - If you want to study an MBA in Ireland, you must have a bachelor’s degree, an English proficiency score, like IELTS/TOEFL/PTE, etc., work experience, desirable but not mandatory, SOP, and LOR.
|
University Name |
Tuition fees in EURO |
|
Trinity College Dublin |
36,600 EURO |
|
Trinity College Dublin |
36,760 EURO |
|
Dublin City University |
18,000 EURO |
|
University College Cork |
13,000 EURO |
|
National University of Ireland |
13,850 EURO |
The Government of Ireland International Education Scholarship, UCD Smurfit MBA Scholarship, and Trinity Business School Scholarships are the top three scholarship programs offered to international MBA students.
|
Job Title |
Average Salary in EURO |
|
Management Consultant |
60,000 – €80,000 EURO |
|
Financial Analyst |
45,000 – €65,000 EURO |
|
Marketing Manager |
55,000 – €75,000 EURO |
|
Business Development Manager |
50,000 – €70,000 EURO |
You can apply for an MBA abroad if you have completed your graduation with honours or a major from one of the accredited Universities or colleges in India. You must meet the eligibility requirements of the University to study an MBA in any country. Here are the things that will help you know how to do an MBA from abroad. Read on!
Choosing the right county is the first and foremost thing you should do. Select the country, say the USA, the UK, Australia, New Zealand, or an MBA in Ireland. This shouldn’t be your random selection. You should choose as per your funds, opportunities, and career goals. Because each country offers unique opportunities, you should judge them before you choose one. Here are the things you need to keep in mind while choosing a country or university for an MBA in abroad.
An MBA in abroad, when well-planned, opens doors to international careers, extensive networks, high-paying careers, and a transformative life experience.
The cost of studying an MBA abroad varies significantly. An average MBA abroad fees range from 50 lakh INR to 1.5 Cr INR, i.e., USD 60,000 to USD 180,000 for Indian management aspirants, including tuition as well as living expenses. The tuition fees for an MBA alone can range between USD 20,000 and USD 100,000 USD depending on the country, business school, and program you choose. Living expenses, combining accommodation, food, and transportation, can add another USD 10,000 to USD 30,000 per year. Though the average MBA abroad fees are higher in the USA than in the UK and Australia. Fees for an MBA in Ireland and New Zealand are comparatively lower than in Australia.
For MBA programs in one of the top business schools abroad, the most common entrance exams are the GMAT, i.e., Graduate Management Admission Test, and the GRE, i.e,. Graduate Record Examination. In addition to that, English language proficiency tests such as IELTS, TOEFL, PTE, or Duolingo are often required, particularly for programs in English-speaking countries, like the UK, the USA, Australia, etc.
Each country offers several scholarships for studying MBA program. Here, we have mentioned top scholarships (s) in the UK, the USA, New Zealand, Australia, Canada, and the MBA in Ireland.
|
Country |
Scholarships |
Description |
Amount Granted |
|
USA |
Fulbright-Nehru Master’s Fellowship |
Prestigious scholarship for Indian students pursuing a Master’s, including an MBA. |
Tuition + living + airfare + other expenses |
|
USA |
Stanford Reliance Dhirubhai Fellowship |
For Indian MBA students at Stanford GSB who intend to return to India after studying. |
Up to $150,000 (tuition & fees) |
|
UK |
Chevening Scholarships |
UK government-funded scholarship for global leaders to pursue a one-year MBA. |
Full tuition, living allowance, travel |
|
New Zealand |
NZ Government Manaaki Scholarship |
Fully funded scholarship for high-achieving students from developing countries. |
Tuition, living cost, establishment & travel |
|
Australia |
Australia Awards Scholarship |
For students from eligible developing countries to study postgraduate courses, including. MBA. |
Full tuition, return airfare, and living stipend |
|
Ireland |
Government of Ireland International Education Scholarship |
Competitive scholarship for outstanding international students. |
€10,000 stipend + full tuition fee waiver |
|
Canada |
Ontario Graduate Scholarship |
Merit-based scholarship for graduate studies, including an MBA in Ontario universities. |
CAD 15,000 per academic year |
Is an MBA in Abroad without an Entrance Exam Possible?
Yes, you can study an MBA in abroad without taking a standardised entrance exam, such as GMAT or GRE. While many top business schools in the United States, the United Kingdom, and other countries require these scores. Also, other top universities offer MBA programs with alternative admissions criteria. They may ask for strong academic records, relevant work experience, and compelling personal essays. Before you choose one country and a specific B-School, see the entrance test criteria.
Pursuing a management program or an MBA abroad is not just about obtaining a master’s degree in business and management—it is more about unlocking a global career with unlimited growth and prospects. With a range of quality education at the destinations, such as the USA, the UK, Canada, Australia, Ireland, and New Zealand, Indian and international students have more options than ever to earn globally recognised degrees and global exposure. However, success in a management career lies in making informed decisions.
From choosing the right study abroad destination and right business school, to evaluating the costs, eligibility requirements, scholarships, and return on investment, your journey must align with your career objectives and budget.
So, take the first step today—search thoroughly, apply strategically. There is no chance for guesswork. Don’t worry, we are Education Vibes is here to help you in every step of your MBA abroad journey. Your dream Business School is just a conversation away! Contact us today!
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