Just as the Pope had to pronounce his name on Starbucks, so did American top companies. Everyone already knows !! One million international students make up 5% of the total student population, which says it all.
The United States of America has reputable companies worldwide and over the years it has done an incredible job of transforming their names into high quality brands. The MBA program, one of the most lucrative professional degrees out there, enjoys the privileged status of one of these American universities, especially when it comes to the Cream de la Cream.
With all the top MBA employers on American soil, the country has the greatest advantage in job opportunities for MBA graduates, adding to the already convincing reasons why an MBA in the United States generally has a happy ending.
What makes America so popular among MBA seekers?
Of the top 100 MBA programs ranked by the Financial Times Global MBA rankings, 51 are from the United States. There is good reason for such relentless rule over business education. The MBA degree appeared in the country as a way to provide a scientific approach towards business management.
It is the Warden of the University of Pennsylvania, which in the late 1800s began the first edition of its business of training its students with the features of managing a successful business – accounting, finance, law, marketing, operations and more.
Dortmouth’s Duck took it to the next level, while no one other than Harvard offered the first MBA. Other parts of the country, and gradually the whole world, began to appreciate this American model of providing for its students and future managers, an educational training and allowing them to find it at work.
The United States is the world’s largest economy with a per capita GDP. When China catches on, the US dollar is still very high and strong. This burgeoning economy is notorious for having large companies with very large market capitalization.
For example, 42% of the Financial Times Global 500 rankings, from 2018, are US-based companies. These corporate giants create some of the biggest employers in the country, a great need for MBA trained management, among other specialized employees.
So, there is a happy balanced diet in this system, which makes it possible to recruit some of the best management graduates by the most successful companies. This is one of the reasons for the prosperity of the famous American B-schools.
Best MBA in the United States for International Students
Cost to Study MBA in USA
Cost to study mba in usa ? are you looking for cost to study mba in usa , then you are in right place , here you will get all details about cost to study mba in usa
Tuition Cost of MBA in USA in Indian Rupees
|Business School/University||Location||Fees/year (INR)|
|Stanford Graduate School of Business||Stanford||55,75,125|
|The Wharton School||Philadelphia||60,02,845|
|MIT (Sloan School of Management)||Cambridge||57,59,245|
|Harvard Business School||Boston||54,81,198|
Tuition Cost and other Expense for study MBA in USA
|Per month||New York City (NY)||San Francisco (CA)||Houston (TX)||Chicago (IL)||Seattle (WA)|
|Rent for one BHK||$2,000 – $3,200||$2,800-$3,400||$950-$1,400||$1,200-$1,800||$1,600-$2,000|
|Quality of Life Index*||141.8||172.4||168.9||155.9||188.9|
*Overall quality based on safety, pollution, health, purchasing power, commute, climate, income, and cost of living. Higher the index, the better is the quality of life.
For the previous comparison, the quality-of-life index in Bangalore (India) is 118.1, Shanghai (China) is 72.6, London (UK) is 110.3, and Sydney (Australia) is 161.8.
With a high-paying job, which is almost a given after an MBA, you can expect to live quite comfortably, enjoying the comforts and convenience of the famous American lifestyle.
Top Business Schools for MBA in USA
|No.||B-School||World Ranking(Financial Times 2019)||Weighted Post MBA Salary (Approx.)|
|1||Stanford Graduate Business School||#1||$228,000|
|2||Harvard Business School||#2||$205,500|
|3||University of Pennsylvania, Wharton||#4||$197,300|
|4||University of Chicago, Booth||#7||$185,900|
|6||Columbia Business School||#9||$184,100|
|7||University of California Berkeley, Haas||#10||$188,800|
|8||Yale School of Management||#11||$172,500|
|9||Northwestern University, Kellogg||#14||$170,800|
|10||Dartmouth College, Tuck||#15||$173,600|
Full & Part Time MBA in Top B-Schools in USA
|Program Name||Duration||Basic Tuition (Approx.)|
|Stanford University MBA||2 years||$73,000/year|
|Harvard University MBA,|
|University of Pennsylvania – Wharton, MBA||20 months||$81,400/first year|
|University of Chicago –Booth, Full Time MBA||2 years||$72,000/9 months|
|University of Chicago –Booth, Evening/Weekend MBA||2.5 – 3 years||$7,200/course|
Courses required to complete degree: 20 plus LEAD
|MIT – Sloan, MBA||2 years||$77,200|
|Columbia University, MBA||2 years||$77,400/year|
|University of California – Berkeley Haas, MBA||2 years||$64,700/year|
|Yale School of Management, MBA||2 years||$72,400/year|
|Northwestern University – Kellogg, Two Year MBA||2 years||$73,400/year|
|Northwestern University – Kellogg, One Year MBA||1 year||$101,300|
|Northwestern University – Kellogg, Evening/Weekend MBA||Accelerated 1 – 4 years|
Traditional 1.25 – 5 years
(Credits required: Accelerated 15.5, Traditional 20.5)
|Dartmouth College – Tuck, MBA||2 years||$75,100/year|
Executive MBA in Top B-Schools in USA
|Wharton, EMBA||2 years||$210,900 full|
|University of Chicago –Booth, EMBA||21 months||$194,000 full|
|MIT EMBA||20 months||$178,300 full|
|Columbia University, EMBA||2 years||$208,700 full|
|University of California – Berkeley Haas, EMBA||19 months||$194,000 full|
|Yale School of Management, EMBA||2 years||$187,500 full|
|Northwestern University – Kellogg, EMBA||2 years||$213,500 full|