MBA in USA for International Students: Top MBA Schools 2022

Introduction to MBA in US

A Master’s in Business Administration or MBA in US can lead to a variety of professional opportunities for international students. The United States is a prominent place to pursue a professional programme, hosting the largest number of study abroad students. As per the Financial Times Global MBA Rankings survey, 51 of the top 100 MBA programs in the world are from the best business schools in the United States.

The MBA program in the United States was created to provide a more scientific and analytical approach to business management. It has now evolved into a programme capable of offering you a hike of more than 100% over your previous salary. Based on their personal choice and alignment, international students can opt for a full-time MBA, online MBA, part-time MBA, or executive MBA.

MBA in US: Eligibility 

An overseas applicant’s eligibility to study MBA in the United States is determined by a variety of factors. The following are some of the most significant characteristics that an international student should be aware of:

• To obtain an MBA in the United States, you must have completed 16 years of study. This means you must have completed a 10+2+4 education or a four-year bachelor’s degree programme.
• GMAT/GRE scores: For admission to most of the leading business schools in the United States, a strong GMAT score is required. Some universities, however, may accept GRE or similar examinations.
• Applicants who do not speak English as a first language must produce proof of linguistic ability. International students can apply for study abroad programmes using their IELTS and TOEFL scores. A TOEFL score of 100 is considered acceptable. A 6.5 IELTS score is required.
• Work Experience: Applicants should have a minimum of three years of  professional experience to study MBA in the United States. This, however, varies between universities and is dependent on the MBA programme selected.

MBA in USA: Documentation Required

When applying to study MBA in the United States, international students must present additional paperwork. The following are a few examples:

• Academic Qualifications and Transcripts: You must submit a scanned copy of all of your transcripts from all of the schools you’ve attended in English.
• Exam results: Those required for study in the United States must be sent directly from the testing agency to the business schools that are applying.
• LORs: Two academic and one professional letters of recommendation will always help you ace your LOR game, although certain universities may just require two LORs.
• Resume: An updated CV that describes your professional experience and skills in general.
• Letter of Coverage: A letter focusing on and emphasising your accomplishments
• SOP: Some universities may demand a Statement of Purpose/Intent. These should include a brief explanation of why you wish to pursue that programme and why you choose that university.
• A duplicate of the student visa
• Photographs in passport size

MBA in US: Admission Process

The admission process is divided into three stages:

• Pre-application: This entails taking the standardised test and gathering all required documentation.
• Application: This entails submitting a completed application as well as uploading admission requirements.
• Post-application: After acceptance, the process entails the submission of further required paperwork and fees to secure a place.

Most B-schools in the United States divide the application process into several rounds, with each round requiring applicants to meet certain requirements. It is critical for applicants to maintain track of these deadlines to submit a smooth application.

Top Universities and MBA in US Cost

According to the Financial Times Rankings, the following are the best business schools in the United States that offer internationally recognised MBA programs. The MBA in US cost at well-known universities is also detailed here:

• Harvard B-School (part of Harvard University): Applicants can enrol in a two-year MBA programme at Harvard B-School (part of Harvard University). It is one of the oldest and most well-known MBA programmes in the United States. Candidates at Harvard Business School are taught using multimedia simulations, case method courses, and field projects, which allow students to apply business concepts in a real-world situation. The following is a list of some of Harvard Business School’s MBA programmes:
• MBA in Finance
• MBA in Corporate Social Responsibility
• MBA in information management
• MBA in Entrepreneurship

The school’s ranking is #2 by Times Greater Education (THE), requiring TOEFL and GMAT scores of 109 and 730, respectively. It has an average fee of INR 55.4 lakhs per year.

• Stanford University: The Graduate School of Business at Stanford University, founded in 1891, has a ranking among the top 10 universities in the QS World University Rankings 2018. It offers an exceptional MBA program to overseas students. Design thinking, small group leadership projects, team-based learning, experiential learning, and case studies are all part of the MBA program at Stanford University. For those interested in pursuing an MBA in the United States, these are the specializations available:
• MBA in Accounting
• MBA in Global Management
• MBA in Managerial Economics
• MBA in Global Management
• MBA in Finance

The ranking is #4 by Times Greater Education (THE). The admission process requires TOEFL and GMAT scores of 100 and 730, respectively. It has an average fee of INR 56.4 lakhs per year.

• Massachusetts Institute of Technology: The Massachusetts Institute of Technology was founded in 1861. It is a Cambridge, Massachusetts-based private research institute. The MIT Sloan School of Management is a B-school of MOT that specialises in postgraduate management and business courses. The following is a list of the MBA specialization programs provided by the institution:
• MBA in Finance
• MBA in Entrepreneurship and Innovation

The ranking is #5 by Times Greater Education (THE). As part of their applications, students need to submit TOEFL and GMAT scores of 90 and 720, respectively. The programs have an average fee of INR 59.6 lakhs per year.

• The University of Chicago: The University of Chicago in the United States was founded in 1890. Here, students are encouraged to research and learn with the assistance of experienced teachers. The following are some of the most popular MBA programs at The University of Chicago:
• MBA in Accounting
• MBA in Analytical Finance
• MBA in Econometrics and Statistics
• MBA in Economics
• MBA in International Business

The university’s ranking is #10 by Times Greater Education (THE), and it requires TOEFL and GMAT scores of 100 and 570, respectively. The programs have an average fee of INR 56.5 lakhs per year.

• The University of Pennsylvania: The University of Pennsylvania, sometimes known as Penn University, was founded in 1755 and is considered one of the world’s oldest research institutions. Benjamin Franklin established the university, and it offers international students a variety of undergraduate and master’s degree programmes. This university’s B-School, Wharton School, provides numerous MBA programs in the United States. Here is a list of some of the most popular MBA programs at The University of Pennsylvania:
• MBA in Accounting
• MBA in Actuarial Sciences
• MBA in Business Analytics
• MBA in Entrepreneurship and Innovation

The institution’s ranking is #13 by Times Greater Education (THE), and its admission process requires TOEFL and GMAT scores of 100 and 730, respectively. It has an average fee of INR 62.8 lakhs per year.

Some other US universities with a ranking of 50 to 100 are Cornell University, University of North Carolina, Kellogg School of Management, University of Southern California, Columbia Business School or Columbia University, Northwestern University, etc.

MBA Without Work Experience in USA

In the United States, there are a number of famous universities that provide excellent MBA programs. Getting an MBA program right after college is a fantastic idea. If you are looking for an MBA in the United States but do not have any work experience, there are several possibilities you can consider. The following is a list of universities in the United States where you can get an MBA without having worked before:

• Wharton School
• University of Pennsylvania
• Chicago Booth School of Business
• University of Chicago
• Haas School of Business
• University of California Berkeley
• Sloan School of Management
• Massachusetts Institute of Technology
• Seton Hall University
• New Jersey Institute of Technology
• Gannon University
• Long Island University
• Stern School of Business, New York University

Obtaining an MBA in the US can be your best choice if you want to work in the business sector and create a career at some of the world’s top businesses. Furthermore, an MBA program from a top-tier management school in the United States can help you earn more and obtain a greater return on your investment. For more information, reach out to LeapScholar.