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This section gives you quick information About MBA Abroad for Indian Students.
Course Level | Postgraduate |
Examination Type | Semester |
MBA Abroad Criteria | Bachelor’s degree with at least 50% marks in business or related field from a recognized university. |
Work experience of 3 to 5 years | |
Admission Process | Merit-Based/Entrance Exam (GMAT) |
Language Proficiency Test Scores | |
Specializations | Marketing, Finance, Human Resources, Supply Chain Management, Hospitality, Project Management, etc |
Types of MBA Abroad | Full-Time, Part-Time, Online/Distance and Executive MBA |
MBA Abroad Fees | INR 20 to 80 Lakhs. |
Top Countries | USA, UK, Canada, Australia, Germany, etc |
Average Salary | INR 40 LPA to 10 Crore. |
Top Recruiting Companies | Amazon, Apple, Bain & Company, Citigroup, Deloitte, JP Morgan, Accenture, McKinsey etc |
Top Job Areas | Banking, Finance, Sports, Branding & Advertisement, Digital Marketing, Entertainment, Human Resource Management, Marketing, etc. |
Top Job Positions | Account Manager, Brand Manager, Consultant, Marketing Manager, Project Manager, Entertainment Manager etc |
A 1 to 2 years MBA program is available in Germany. Part-time and Executive MBA programs are available in Germany as well.
The average IELTS score approved by German colleges is 6.5, and the TOEFL score is 90; nonetheless, anyone interested in pursuing an MBA in Germany must pass the German language competence test.
Name of the College | Duration | GMAT Scores |
Mannheim Business School | 1 year | 600 |
Frankfurt School of Finance and Management | 1 year | 660-730 |
WHU-Otto Beisheim Graduate School of Management | 1 year | 600 |
European School of Management & Technology (ESMT) | 1 year | 640 |
European Business School | 1 to 2 years | 550 |
According to QS rankings, nine Canadian colleges are among the top 150 universities worldwide offering MBA programs.
An IELTS score of 7 and a TOEFL score of 100 are generally preferred by all universities.
Name of the College | Duration | GMAT Scores |
Rotman School of Management | 2 years | 669 |
Desautels Faculty of Management | 1 year | 660 |
Ivey Business School | 1year | 667 |
Smith School of Business | 1year | 654 |
Schulich School of Business | 2 years | 660 |
MBA Abroad programs are available in a variety of specialties and are globally recognized degree that allows students to work at some of the world’s most prestigious firms. You can pursue an MBA Abroad full-time, part-time, distance, or online, with a course program tailored to your needs.
Pursuing an MBA while studying abroad provides you with the opportunity to earn a globally recognized degree and explore work prospects in countries where you can earn a higher salary and advance your career. According to the IMF, growth in 2022/2023 will be unprecedented, as the amount of cash in the world following a recession will inevitably raise global traction. As a result, students who plan to begin studying in 2021 should not hesitate to pursue their goals.
We’ve compiled a list of some of the most compelling reasons to pursue an MBA from abroad:
There is a significant difference between an MBA obtained abroad and an MBA obtained in India. Here are a few of the significant factors that distinguish MBA Abroad from MBA India.
Parameters | MBA Abroad | MBA India |
Top Colleges | The Wharton School, London Business School, HEC Paris, IESE Business School, Melbourne Business School, etc | IIM Bangalore, IIM Ahmedabad, XLRI Jamshedpur, MDI Gurgaon, SPJIMR Mumbai, etc |
Duration | 1 to 2 years | 2 years |
Average Fees (INR) | 20 to 80 Lakhs | 12 to 30 Lakhs |
Eligibility | Must have a bachelor degree in business or a related field and a work experience of 3 to 5 years. | Must hold a graduate degree in any stream from a recognized university. |
MBA Entrance Exams | GMAT | CAT/MAT/XAT/CMAT/GMAT |
Language Proficiency Test | TOEFL and IELTS | None |
Work Experience | 3 to 5 years | 2 years |
Average Annual Salary (INR) | 18 to 60 Lakhs | 5 to 25 Lakhs |
In terms of numerous criteria to be met, studying MBA Abroad can appear to be a bit complicated.
To help you navigate the intricacies, below are some of the most typical MBA Abroad eligibility criteria to consider:
Language Proficiency: Being fluent in the language of the nation from where one wishes to study an MBA is one of the most important MBA Abroad criteria
When pursuing an MBA at an international B-school, there are numerous specialties to choose from.
MBA in a Foreign Country GMAT, TOEFL, and IELTS scores are used to determine admission. A bachelor’s degree in business and at least 4-5 years of work experience are required for the MBA Abroad program.
The following are some key aspects to remember during the MBA Abroad admissions process:
To pursue an MBA in another country without taking the GMAT, you must have the following qualifications:
MBA programs without job experience are available in countries such as the United States, the United Kingdom, France, Australia, and Germany.
Candidates who wish to study an MBA abroad without prior work experience must meet the following requirements:
One of the main reasons students pursue an MBA overseas is to secure a high-paying position with a reputable company, allowing them to advance their careers.
As a manager, students can work in fields such as Information Technology, Human Resources, Finance, Real Estate, Sports, Entertainment, Sales, Banking, Health Care, and more after completing their degree.
In international countries such as the United States, the United Kingdom, Canada, Germany, and others, the average income of MBA professionals with an international degree ranges from INR 40 lakhs to INR 5 crores.
Every year, top recruiters such as Apple, JP Morgan, Deloitte, Bain & Company, Amazon, McKinsey, and others offer these graduates opportunities to work with them.
Some of the best MBA abroad positions are listed below, along with the various packages available depending on the country chosen.
Job Roles | Description |
Business Development Manager | These managers are the ones who ensure to develop of the business in every possible way. Starting from client to market handling, they perform all the related duties. |
Assistant B.D. Manager | They are closely associated with the senior BD of the company and helps them by performing their job in related and required fields. |
General Manager | There is no specified area for these managers, and they are supposed to manage every aspect of the company, as and when required. |
Project Manager | A company runs various projects, and these professionals must be in charge of these projects and ensure successful completion of the same. |
Strategy Manager | These officials are the one who works day in and out to prepare plans and ideas to help the organization grow and to make its goals of the same to fulfill. |
Marketing Manager | The one who handles every aspect of the market is a Marketing Manager. The one who represents the brand in market consulting. |
Consulting Manager | Consulting manager is the one who looks after various issues faced by the employees and the company. Consulting is the method by which these professionals solve any issue. |
Operations manager | To ensure a smooth operation of work in any organization by keeping all the factors in mind in their day-to-day job. |
You can study abroad for a year, a semester, or simply a few weeks through student exchange programs. The websites of both the primary university you plan to enroll at and the university you’d like to be hosted by should provide information regarding these shorter programs.
Obtaining a valuable MBA degree from a reputable college in the country is a difficult task. When you have to go out into the real world and find a well-paying MBA job, the challenge becomes even more difficult.
Getting into a reputable university in the country and earning a respectable MBA degree is a difficult task. When you need to walk out into the real world and find a well-paying MBA job, the challenge becomes even more difficult. The dreaded MBA job interview is the first step toward that aim.
An MBA Abroad program requires a bachelor’s degree from a recognized university to be eligible. Work experience of 3 to 5 years is also required.
To be eligible for the MBA scholarship, the applicant must meet the eligibility requirements.
The following is a list of scholarships available to those interested in pursuing an MBA in the United States:
Yes, the GMAT is required for admission to elite overseas universities. However, some universities, such as Anglia Ruskin University, Coventry University, University of West London, and a few others, will consider applicants for MBA Abroad without taking the GMAT.
Yes, worldwide countries provide a variety of MBA specializations, including Marketing, Finance, Supply Chain Management, Project Management, and Human Resource Management, to name a few.
To study an MBA abroad, one must pass language proficiency examinations and have relevant work experience, which is not required for an MBA in India.
Yes, countries such as Canada, Sweden, and Germany offer MBA programs that do not require work experience.