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Master of Business Administration (MBA) - Colleges, Courses, Fees & Scope

13 Master of Business Administration (MBA) Colleges in 6 Countries Offering 20 Courses

Some of the top universities for studying Master of Business Administration (MBA) from abroad are - Mcgill University, University Of Otago, Uni...Read more
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quebec, Canada
Rank : #3
Duration -  
2 years
1 year Fee -  
19500
IELTS -  
Band 6.5
Intake -  
Sep, Oct, Nov
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dunedin, New Zealand
Rank : #3
Duration -  
1.5 years
1 year Fee -  
44000
IELTS -  
Band 6.5
Intake -  
Feb, Jul
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wollongong, Australia
Rank : #11
Duration -  
1 years
1 year Fee -  
49968
IELTS -  
Band 6.5
Intake -  
August

Top Degrees

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albury-wodonga, Australia
Rank : #19
Duration -  
1 years
1 year Fee -  
null
IELTS -  
Band
Intake -  
Jul, Aug, Sep
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cardiff, United Kingdom
Rank : #22
Duration -  
1 years
1 year Fee -  
20750
IELTS -  
Band 6.5
Intake -  
Sep
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hawthorn, Australia
Rank : #36
Duration -  
2 years
1 year Fee -  
null
IELTS -  
Band
Intake -  
Sep, Oct, Nov
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egham, United Kingdom
Rank : #47
Duration -  
1 years
1 year Fee -  
20800
IELTS -  
Band 6.5
Intake -  
Sep
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portsmouth, United Kingdom
Rank : #53
Duration -  
1 years
1 year Fee -  
16900
IELTS -  
Band 6.5
Intake -  
Sep, Jan
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london, United Kingdom
Rank : #54
Duration -  
1 years
1 year Fee -  
14060
IELTS -  
Band 6
Intake -  
Sep, Jan
Duration -  
1 years
1 year Fee -  
17420
IELTS -  
Band 6
Intake -  
Sep, Jan
Duration -  
1 years
1 year Fee -  
17420
IELTS -  
Band 6
Intake -  
Sep, Jan
Duration -  
1 years
1 year Fee -  
18747
IELTS -  
Band 6
Intake -  
Sep, Jan
Duration -  
1 years
1 year Fee -  
18747
IELTS -  
Band 6
Intake -  
Sep, Jan
View 3 More Courses
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Duration -  
3 years
1 year Fee -  
23000
IELTS -  
Band 6.5
Intake -  
Dec, Aug
Updated on - May 27th 2020 by Piyush Bhartiya

Overview

With the advent of industrialization and globalization, there was a rise of companies that dominated the world like never before. It was the time that saw the origination of thousands of companies in just a short period of time along with a quick need of talented people who can work as managers and are able to manage the issues related to the organization and take the company to new heights. As a career, management courses offer a plethora of options for the students who have been attracted by the intricacies and complexities of business administration and wish to pursue a career in this field.

 

The Master of Business Administration is master degree in Business which was originated from U.S.A and was one of the most sought courses in the world.  The core courses in an MBA program such as accounting, applied statics, business communication, business ethics, business law, finance, managerial economics, management entrepreneurship, marketing and operations. These are all the factors which teach the students the quality of management studies that help them to understand how a company works and solve the issues related.

One of the main objectives of the manager is to look after the company, its assets and capital. The students opt for this course as it opens a huge platform for the students, where they can learn the ethical values of business and entrepreneurship. The Manager has to look upon the issues related to the company and find ways to resolve it.

 

Course details 

An MBA typically includes courses in accounting, finance, marketing, organizational behavior, economics, management and business ethics.

 

The breadth of the MBA curriculum is something that James Reeves, CEO of the Diefendorff Inc. watchmaking company, said he appreciated about his MBA experience at the University of Chicago's Booth School of Business.

 

Reeves says his MBA program, which he completed in 2013, offered him exposure to multiple aspects of business and didn't pigeonhole him into a specific career track. Reeves adds that someone who wants to become a subject matter expert may be frustrated by the fact that an MBA covers so much material, but Reeves says the variety of courses in the MBA was a selling point for him. He says his MBA provided him with a big-picture understanding of business, which is useful to him as a CEO.

 

Horan says that a top-notch MBA program will not only offer theoretical lessons in how business works but also experiential learning opportunities where students do meaningful business projects for actual companies.

 

Horan, a brand strategist who earned her MBA at NYU, says that during her MBA program, she worked on a marketing campaign for a chocolate company that needed to increase sales during the slow summer months. She says projects like this help MBA students gain real-world skills

UG/PG degrees 

There are various top colleges in the world which offers quality education in business. There are various programs in this course as well such as

  • Full-time MBA

This a full-time course offered in the stream which is generally a 2-year duration Master degree course.

  • Accelerated MBA

 This is a program offered in some colleges in which the students are taught the essentials rigorously with a more accelerated speed.

  • Part-time MBA

This course varies from country to country but generally, it extends up to 3 years as the students are working and studying at the same time.  

  • Executive MBA

The course duration is of around 1 year in which the professionals are taught to help them move to a level up.

  • Distance learning

The course duration is around 3 years as the students are expected to complete 2 years of full-time MBA and 1 year of Executive MBA.

Exams required

Normally to study MBA abroad, the student is needed to produce their GMAT score. These are language test and are very important if one wishes to study abroad as it checks the language proficiency of the student. Some universities accept GRE score too for MBA.

Salary details

The pay scale of the graduate’s who have taken a job after the degree of geology and geography is around $104,400 which is quite a good salary. It can range from $92,000 to $ 150,000 for the geologists and it has become one of the hotspot for the graduates.

 

Top Universities

  • Stanford Business School, US.
  • Harvard Graduate School of Business, US. 
  • The Wharton School at the University of Pennsylvania.
  • London Business School, UK.
  • MIT Sloan School of Management, US. 
  • INSEAD, Paris. 
  • HEC Paris. 

 

Scope

Gender and location are other variables that can skew an average salary. Men on average earn $93,403, while women earn $74,642. In terms of location, California had the highest paid MBA graduates with a median salary of $103,000.

 

Course details Level wise

Level

Postgraduate Degree

Duration

Postgraduate -  2 years

Type

Bachelor of Business Administration

Eligibility

  • Bachelor’s Degree (must have completed class 12th with either the CBSE (All-India SSC) or CISCE (ISC) board, minimum IELTS score of 6.5 to 7 is required)
  • Master’s Degree ( IELTS or TOEFL, Recommendation letter and SOPs).

Admission Process

  • Identifying country, universities and the course of your interest

  • Request universities for Application forms

  • Taking various required tests

  • Arranging and preparing Essays and recommendation letters

  • Completing and Sending Application forms along with required documents

  • Reporting various test scores to the universities

Average Salary

The projected median base starting salary for recent MBA graduates in the United States in 2018 is US$105,000 (Rs.71.40 Lakhs) 

Top recruiters 

McKinsey,Boston Consulting Group,Amazon and many more government and private agencies which hire graduates from this course.

Position offered

Chief Technology Officer,Computer and Information Systems Manager,Financial Manager, and many more.

 

Top Universities Level wise

There are many Universities that offer both the courses in Geology and Geography. Students can choose their type of university after studying all the details about it. Currently the most opted country to continue this course are UK, Canada, USA, Australia, etc.

 

Name

Location

Fees

  • University of Birmingham

Birmingham B15 2TT, UK

1st Year Total Fees


Rs 25.63 Lakhs

  • Harvard Graduate School of Business

1585 Massachusetts Avenue USA

1st Year Total Fees


Rs 80 Lakhs

  • The University of Liverpool

Liverpool L69 3BX, UK

1st Year Total Fees


Rs 22.44 Lakhs

  • Stanford Business School

Stanford Avenue 345 USA

1st Year Total Fees

 70 lakhs

Rs 38.61 Lakhs

  • Ludwig Maximilians University Munich

Geschwister-Scholl-Platz 1, 80539 MĂĽnchen, Germany

1st Year Total Fees


Rs 1.09 Lakhs

 

Requirements & Eligibility Level wise

To study geology and geography in a top university, the student needs to fulfill some criteria. They should meet all the requirements so as to continue education from their desired college. The table shows some of the important criteria.

 

Academic Requirements


  • Bachelor’s Degree in any field.
  • Interested students must have completed class 12th with either the CBSE (All-India SSC) or CISCE (ISC) board
  • For CBSE board: CGPA of 9.6 with grade A1 in any subjects relevant to the course applied for
  • For CISCE board: Overall grade of at least 90%, with grades of at least 95% in three subjects (including any relevant to the course applied for) and 85% in the other two subjects.

    .

Exams


  • English proficiency test score such as IELTS or TOEFL depending on the university.

Work Experience

  • Well most of universities don’t ask for Work experience. But it totally depends on the admission process of the university as masters degree sometime needs work experience.

Others

  • Letter of recommendation
  • State of Purposes

 

Admission Procedure Level wise

Taking admission to a top university or college can be a tiresome task. It is advised to the students that they should consult a advisor to get admission. Deadlines are one of the most important aspect to take admission as missing these dates can leads to cancellation of the application of the students. 

 

Entrance exams 

 

  • Appear for entrance exams such as IELTS or TOEFL and GMAT or GRE to get admission. The student should also seek exams required other that this as according to the need of University.

How To apply 

  • Identifying country, universities and the course of your interest
  • Request universities for Application forms
  • Taking various required tests
  • Arranging and preparing Essays and recommendation letters
  • Completing and Sending Application forms along with required documents
  • Reporting various test scores to the universities

 

Fees, Average Fees etc Level wise

The Average tuition fees for the course is around 30-40 lakh for most of the colleges in USA, UK and Canada. Apart from  the tuition fees there are many other type of charges such as accommodation, stationary and many other.

 

University

Tuition Fees(INR)

Other Expenses(INR)

University of Oxford

22 Lakhs

16 Lakhs

Ludwig Maximilians University Munich

Free

1 Lakhs

Vancouver Island University

7 lakhs

5 lakhs

University of Birmingham

19 lakhs

6 lakhs

California Institute of technology

35 lakhs

16 lakh

 

Career Scope

There are numerous types of jobs which are very well paid as they are portrayed as an important employee for the company. The sectors in which there is a major opportunity to get a job are Retail, Banking, Hospitality, Media, IT, Brand Manager, sales manager, marketing manager, product manager, market research analyst, media planner, Internet marketing manager and many more. These jobs hold a great position in the company. These above-mentioned colleges are an ideal college to look upon as to provide quality education in Business Administration. The colleges provide education with research ideas that help the students to broaden their mind. The colleges teach them the leadership quality and decision making tendency to take a decision which is good for the company.

 

All these factors affect the decision of the students as what to take as a course and what to pursue as a career. Thus, the students who are interested to pursue a career in which they play an important role than working as a manager is a very good choice and to do this there is need to gain the proper knowledge in MBA. These colleges have excelled in providing world-class academics and the techniques which will help the students to become a better person as professionally.    

 

Jobs and Salary

  

Positions

Average Salary (Per Year)

Investment Banker

$104,400

Information Technology (IT) Director

$89,700

High-End Management Consultant

$89,260

Health Services Manager

$82,100

Financial Manager

$61,665

Computer and Information Systems Manager

$74,117

Chief Technology Officer

$82,500

 

 

Study Abroad Expert & Co-Founder @ AdmitKard

Piyush values education and has studied from the top institutes of IIT Roorkee, IIM Bangalore, KTH Sweden and Tsinghua University in China. Post completing his MBA, he has worked with the world's # 1 consulting firm, The Boston Consulting Group and focused on building sales and marketing vertical for top MNCs and Indian business houses.
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