MBA in USA: Top 8 Business Schools for Indian Students in 2022



A Master of Business Administration (MBA) degree can help you to climb the corporate ladder and change the direction in which your career is headed. The degree can help to create new career opportunities in areas including international business, operations management, general management, and entrepreneurship, or can simply help one to upskill themselves.

The USA has some of the oldest and most prestigious academic institutions in the world. Over 500 of these institutions offer MBA programs that both domestic and international students vie for.

The best business schools that offer the best MBA programs in the USA are listed below.


Is pursuing an MBA in the USA good for Indian students?


The USA has some of the most renowned business schools in the world. Most of the MBA programs that are offered by the B-schools of the USA consistently top the MBA rankings list. The top B-schools in India have low acceptance rates. Add to that the woes of “quotas” and we have a major problem that most MBA aspirants in India face.

On the contrary, the average acceptance rate in the USA hovers around 15%! Moreover, the number of top-ranking B-schools in the USA is, unsurprisingly, much higher than the number of high-ranking Indian institutions.

An MBA from one of the top B-schools in the USA can ensure a global outlook for Indian students. Graduating from one of these schools can ensure better employment opportunities. Although the tuition fees and the cost of living is a lot more expensive compared to India, the learning outcomes far outweigh the expenses.

MBA programs in the USA offer multiple options including full-time, part-time, accelerated, online, and executive so that students can control the pace of the program while opting to work simultaneously.


What are the pros and cons of doing an MBA in the USA?


MBA graduates from the USA are highly sought-after in the international market. This is because most B-schools in the USA train their graduates to become great leaders with all of the necessary managerial and entrepreneurial skills.

Moreover, the industrial exposure that a student in the USA receives, thanks to the numerous internship and employment opportunities, makes them ready to take on any professional challenges head-on.

Let’s take a look at some of the pros and cons of pursuing an MBA from one of the business schools in the USA.


How to decide which MBA is right for you?


Choosing the type of MBA one wants to pursue is as important as choosing a school. Depending on one’s professional experience and current requirements, aspirants can choose from various types of MBA including,

  • Full-time MBA
  • Part-time MBA
  • Executive MBA
  • Online MBA
  • Global MBA

Students have the option to choose their specializations depending on their interests and the direction in which they wish to push their careers. In turn, aspirants can choose from the top MBA colleges based on the specialization they choose.

To pursue an MBA with specialization in HR management, MBA aspirants can choose from schools including Kellogg School of Management (Northwestern University), Krannert School of Business (University of Michigan), and Owen Graduate School of Management (Vanderbilt University).

In order to pursue an MBA with specialization in Marketing, candidates can choose from schools including Stanford Graduate School of Business (Stanford University, MIT Sloan School of Management (MIT), and Harvard Business School (Harvard University).

To pursue an MBA with specialization in Entrepreneurship, students can choose from a list of schools which includes Stanford Graduate School of Business (Stanford University), Haas Business School (University of California, Berkeley), and Tuck School of Business (Dartmouth College)

Basically, one can choose a business school based on their choice of specialization. Moreover, aspiring students may also go through the list of financial aid, and fellowships that each school has to offer so that they may choose the school that provides the most benefits.


What is the average salary after MBA in the USA?


Most MBA aspirants look forward to studying at some of the Top Business Schools of the USA to improve their chances of being recruited by some of the top organizations of the world.

Although the tuition fee at the B-Schools of the US is quite high, especially for international students, the return on investment in terms of career growth and high salary package is equally high.

Not only does studying MBA vastly improve their skills, but MBA students from the B-schools of the US also enjoy some of the highest packages across the world. Here, we compare the salary packages across different roles for graduates from the USA, the UK, and Canada.

Roles Average Post-graduate Salary across different roles (USA) in Lakhs Average Post-graduate across different roles  (UK) in Lakhs Average Post-graduate across different roles (Canada) in Lakhs
General Management 69.12 64 51.46
HR Management 44 39.87 33.11
Marketing 63.22 57.95 45.18
Finance 74.12 47.50 54.43

How to get a scholarship for MBA in the USA


The most common FAQs related to studying abroad are about aspirants wanting to know more about financial aid and scholarships to study at B-schools in the USA. This is because the overall cost of studying at some of the top business schools in the USA could easily set one back by about 150,000 USD to 220,000 USD!

This is by no means a small amount of money for most international students. However, one of the ways in which anyone can afford to study at Stanford, Harvard, or any of the other prestigious North American universities is by applying for financial aid or scholarships.

Although student loans are easy to acquire, the burden that they bring along with is something most MBA aspirants would definitely want to avoid. One of the alternatives to life-long debt is scholarships. Universities themselves offer scholarships to deserving students. Moreover, several external agencies offer scholarships to students as well.

As with any program, an MBA has its own set of scholarships. MBA scholarships in the USA are generally categorized into,

  • Need-based scholarships
  • Merit-based scholarships

While merit-based scholarships are dependent on the academic performances of the students who wish to apply for financial aid, need-based scholarships are provided to those students who hail from economically disadvantaged families. Most need-based aids come in the form of institutional grants and scholarships.

Some of the most popular MBA scholarships in the USA that are offered by various universities themselves include,

  • Fulbright Program for Non-US Students
  • Horace W Goldsmith Fellowship, Harvard University
  • John C. Phelan Forward Fellowship, Harvard University
  • Joseph Wharton Fellowship, University of Pennsylvania
  • McKinsey Award, MIT
  • Stanford Graduate School of Business Scholarships, Stanford University
  • Donald P. Jacobs International Scholarship, Northwestern University
  • Perelman Scholarship, Columbia University
  • Columbia Business School Board China and India Fellowships, Columbia University
  • Berkeley Haas Scholarships, University of California, Berkeley
  • Dr Tahir Fellowship, University of California, Berkeley
  • Galloway MBA Fellowship, University of California, Berkeley
  • A.H Tobaccowala Fellowship, University of Chicago

One of the most important factors to avail scholarships in the USA is having great GMAT scores. Moreover, creating an impressive profile that includes one’s academic and extracurricular achievements can easily help one to land a scholarship or a grant.

In some universities such as Stanford and Harvard, most scholarships are provided based on the needs of the students applying for financial aid. This means that even if students do have an impressive academic record and a striking profile, MBA students must demonstrate financial need to avail a scholarship.


MBA in the USA: What are the best colleges for Indian Students?


With at least 4 universities in the top 10 list of best universities, the USA has an impressive list of schools and programs for Indian students to choose from. Let’s take a look at some of the B-Schools in the USA where international students can pursue an MBA degree from.

Name of the school Ranking Duration Eligibility Annual Tuition Fees Scholarship availability
Harvard Business School 1 2 years
  • Four-year Bachelor’s degree from a recognized university/institution or equivalent
  • GRE scores/ GMAT scores
  • IELTS/TOEFL/PTE/Duolingo
  • Relevant work experience
USD 73,440 Yes
Stanford Graduate School of Business 4 2 years
  • Undergraduate or equivalent degree from a recognized university/institution (The average undergraduate GPA of Stanford applicants is 3.76).
  • Relevant work experience (average is 4.9 years)
  • GMAT scores/ GRE scores
  • IELTS/TOEFL scores
  • Letters of recommendation
  • Essays (one of the most important criteria)
USD 76,950 Yes
MIT Sloan School of Management 5 2 years
  • Undergraduate or equivalent degree from a recognized university/institution
  • Relevant work experience
  • Academic transcripts
  • GMAT scores/ GRE scores
  • IELTS/TOEFL scores
  • Letters of recommendation
  • Essays
USD 80,400 Yes
Wharton School of Business 7 2 years
  • Undergraduate degree from a recognized university is equivalent to a four-year American undergraduate or baccalaureate degree
  • GRE scores/ GMAT scores
  • official academic records from educational institutions
  • TOEFL/PTE
  • If selected, students are eligible to apply for either an F-1 or J-1 visa.
USD 84,874 Yes
Haas Business School 12 2 years
  • Submission of Berkeley MBA application
  • University transcripts
  • Resumé
  • GMAT/GRE scores
  • Essays
  • Two Professional Letters of Recommendation
  • Interviews
  • English Language Proficiency Test scores (IELTS/TOEFL)
  • Candidates must hold the equivalent of a four-year U.S. bachelor’s degree.
USD 76,433 Yes
Kellogg School of Management 16 2 years
  • Bachelor’s or equivalent degree from an accredited college or university
  • Application responses
  • Essays
  • Transcripts
  • GMAT/GRE score
  • Letters of recommendation
  • Resume
  • Interview report
  • Video essays
  • TOEFL/IELTS
USD 78,276 Yes
Stern Business School 18 2 years
  • Four-year bachelor’s degree from an accredited college or university in the U.S. or an equivalent degree (for Indian students, all three-year Bachelor’s degrees are sufficient to apply).
  • TOEFL/IELTS scores
  • GMAT/GRE scores
  • Transcripts
  • Essays
  • EQ Endorsements
USD 82,326 Yes
Booth School of Business 19 21 months
  • Essays
  • Duly filled application form
  • Resumé
  • Two letters of recommendation
  • Academic and professional transcripts
  • GMAT/GRE scores
  • IELTS/TOEFL/PTE scores
USD 77,841 Yes

https://www.topuniversities.com/university-rankings/university-subject-rankings/2022/business-management-studies

1. Harvard Business School, Harvard University


Harvard University needs no introduction. Established in 1636, Harvard is one of the foremost universities in the world that focuses on creating educational opportunities for people through groundbreaking research and infallible academic prowess.

Why study MBA at this school?

Harvard Business School offers a full-time MBA program spanning two years that focuses on providing real-world practice. The school also offers several joint programs that are provided in collaboration with other schools and these include the MS/MBA, MBA/MPP, and MS/MBA among others.

What are the career prospects after graduation?

With over 50% of MBA graduates from Harvard setting out to become entrepreneurs, the school boasts of having alumni that constantly create ventures to conquer and change the world for the better.

Around 46% of the total student population at the school are women, showing how they have almost achieved gender equality in terms of academic and employment opportunities. Most Harvard graduates tend to quickly move up the corporate ladder.

Of the 74% of students who sought employment post-graduation in 2021, around 96% received an offer letter within the first months of graduation. With a median base salary of around USD 150,500, Harvard MBA graduates are amongst the highest-paid freshers in the world.

Some of the top industries that Harvard graduates are employed in include,

  • Consulting
  • Finance
  • General Management
  • Marketing
  • Strategic Planning

Eligibility

The eligibility criteria to pursue an MBA at Harvard Business School includes,

  • Four-year Bachelor’s degree from a recognized university/institution or equivalent
  • GRE scores/ GMAT scores
  • IELTS/TOEFL/PTE/Duolingo
  • Relevant work experience

Admission process & Fees

The tuition fee to pursue the full-time MBA program at Harvard Business School is approximately USD 73,440 for 9 months of class. Other expenses including accommodation, transportation, living expenses, and course materials may come to USD 39,000 annually.

An application fee of USD 250 must be paid during admissions.

The admission process includes the following steps,

  • Submission of a written application. Must include the following,
    • Transcripts
    • GMAT/GRE
    • TOEFL/IELTS/PTE
    • Essay
    • Recommendations
    • Resumé
    • Application fees of USD 250
  • Interview
  • Post-interview reflection

Scholarship options

Over 50% of the students who apply at Harvard Business School avail of need-based scholarships. Although admission is based on merit, financial aid is provided to those who demonstrate a need for the same. HBS scholarships are considered “gifts” that do not have to be repaid.

2. Stanford Graduate School of Business, Stanford University


Stanford is one of the world’s leading teaching and research institutions. The university was established in 1891 and has since been at the forefront of quality education. Consistently ranked amongst the top ten universities in the world, Stanford enrolls over 17,000 students every year.

Why study MBA at this school?

With a motto that reads “Change lives, change organizations, change the world”, the two-year full-time MBA program offered by Stanford is at the top of the list of MBA programs offered by universities across the world. The program has been carefully curated to improve one’s mindset and enable one to think critically and define the future.

What are the career prospects after graduation?

Over 90% of graduates received an offer letter within 90 days of graduation. The average base salary of an MBA graduate from Stanford in 2021 was a whopping USD 160,000. An MBA from Stanford leads to diverse career paths. Some of the most popular industries that MBA graduates from Stanford accepted post-graduation are,

  • Finance
  • Marketing/Sales
  • Private Equity
  • Business Analytics
  • Media/Entertainment
  • Investment Management
  • Product Development
  • Consulting
  • General Management

Eligibility

The eligibility criteria for admission to Stanford Graduate School of Business include,

  • Undergraduate or equivalent degree from a recognized university/institution (The average undergraduate GPA of Stanford applicants is 3.76).
  • Relevant work experience (average is 4.9 years)
  • GMAT scores/ GRE scores
  • IELTS/TOEFL scores
  • Letters of recommendation
  • Essays (one of the most important criteria)

It is important to note that Stanford does not have a checklist of criteria for admission. There are no typically ideal students Stanford offers seats. The university provides admission based on how truly reflective one’s application is of one’s qualities. One can create their own personalized profile here.

Admission process & Fees

The tuition fee to be a part of the MBA program at Stanford comes to approximately USD 76,950. Other expenses may come up to USD 47,500 per year. The Stanford MBA Program application fee is $275 and is nonrefundable.

The admission process includes,

  • Submitting an online application form
    • Submitting necessary documents
  • Interview
  • Post-interview intimation regarding admission

Scholarship options

Stanford offers several different types of financial aid to help students in funding their studies. Some of the popular Stanford Fellowships include,

Stanford also offers several external scholarships that can be checked here.

3. MIT Sloan School of Management, Massachusetts Institute of Technology


Massachusetts Institute of Technology is one of the foremost premier institutions that focus on creating a better tomorrow through quality education, research, and innovation. Across MIT’s 30 departments spread over 5 schools and one college, the culture of “learning by doing” is dominant.

Why study MBA at this school?

MIT Sloan offers a full-time two-year MBA program that focuses on developing leaders who can change the world for the better. After the first year, applicants may choose their electives and real-world learning experiences. MBA students can choose from three tracks including,

  • Finance
  • Entrepreneurship & Innovation
  • Enterprise Management

What are the career prospects after graduation?

Over 95% of MBA graduates at MIT Sloan graduated with full-time offers in hand. With a median salary package of USD 150,000, MIT Sloan graduates happen to be one of the highest-paid B-school graduates across the globe.

Since the MBA program qualifies as a STEM-designated program, international students get to extend their training in the USA by 24 months after graduation. Some of the top industries that MBA graduates from MIT Sloan found employment in include,

  • Consulting
  • Finance
    • Investment management
    • Venture capital
    • Private Equity
  • Media/Entertainment
  • Consumer products
  • Computers/electronics

The top employers of MIT Sloan MBA graduates of 2021 included,

  • McKinsey & Company
  • The Boston Consulting Group
  • Amazon
  • Google
  • JP Morgan Chase & Co
  • Morgan Stanley
  • Rivian

Eligibility

The eligibility criteria for admission to MIT Sloan include,

  • Undergraduate or equivalent degree from a recognized university/institution
  • Relevant work experience
  • Academic transcripts
  • GMAT scores/ GRE scores
  • IELTS/TOEFL scores
  • Letters of recommendation
  • Essays

Admission process & Fees

A non-refundable application fee of USD 250 must be paid during the application process. The average tuition fee to pursue MBA at MIT is around USD 80,400 per year. The total amount including housing, transportation, food, books and supplies, and medical insurance may come up to USD 119,995.

The admission process involves three rounds, post which a candidate will be selected or rejected. The interview process is by invitation only. Candidates must ensure that the duly-filled application form is submitted on time for the admission process to begin.

The application consists of the following,

  • Cover letter
  • Resumé
  • Video statement
  • Letter of recommendation
  • Additional references
  • Transcripts
  • Test scores (GRE/GMAT)
  • Coursework and professional certifications

Scholarship options

MIT Sloan offers fellowships to first and second-year students who pursue MBA. The criteria for obtaining fellowships include,

  • Academic excellence
  • Professional achievements
  • Potential to enhance the MIT Sloan community

A separate application is not required to avail of some fellowships. They will be awarded upon admission to those students who are deemed eligible for the same. Some of the fellowships that MIT Sloan offers to its students include,

  • ASEAN Fellowship
  • Nath Fellowship
  • Samsung Fellowship
  • Sloan Veterans Fund
  • Exxon Education Foundation Fellowship

There are some fellowships that require students to apply. Some of them are,

  • Legatum Fellowship
  • Lemann Education Fellowship
  • McKinsey Award
  • MIT Sloan Social Impact Fellowships

4. Wharton School of Business, University of Pennsylvania


Founded by Benjamin Franklin, the University of Pennsylvania dates back to 1740, making it one of the oldest universities in the USA. The university has 4 undergraduate schools and 12 graduate and professional schools. It is also one of USA’s largest private research universities with a research budget of USD 1.1 billion!

Why study MBA at this school?

Wharton offers a two-year full-time MBA program that puts emphasis on an intensive yet flexible core in general business education. The program can be customized to every individual’s requirements and it offers 18 majors and 200 electives for the same purpose.

The program lasts 20 months that includes a 3.5-month summer internship. Students can choose from a list of 18 majors – nearly 40% of the students graduate with two majors.

What are the career prospects after graduation?

Over 90% of graduates from Wharton received job offers with a starting salary between USD 130,000 and USD 165,000.

Some of the most popular industries that graduates of Wharton found employment opportunities in include,

  • Consulting
  • Consumer Products
  • Finance
  • Health Care
  • Technology
  • Media/Entertainment

A few of the top employers of Wharton MBA graduates include,

  • Accenture Strategy
  • Apple
  • Activision Blizzard
  • BlackRock
  • Deutsche Bank
  • Facebook
  • Google
  • JP Morgan

Eligibility

The eligibility criteria for admission into Wharton include,

  • Undergraduate degree from a recognized university equivalent to a four-year American undergraduate or baccalaureate degree
  • GRE scores/ GMAT scores
  • official academic records from educational institutions
  • TOEFL/PTE
  • If selected, students are eligible to apply for either an F-1 or J-1 visa.

If selected, students are eligible to apply for either an F-1 or J-1 visa.

Admission process & Fees

The tuition and fees for the first year of an MBA at Wharton come up to around USD 84,874. The total expenses for the first year including housing, food, health insurance, and transportation may come to USD 118,568.

Applicants are required to complete their application through Wharton round 1 or round 2. Interviews for the MBA program are offered by invitation only.
The complete application includes,

  • Background Information
  • Application Fee
  • Two Essays
  • Transcripts (unofficial or official)
  • Two Letters of Recommendation
  • GMAT or GRE Score
  • English Language Test Score
  • Resume

Scholarship options

Wharton provides a broad range of fellowships to students who are found to be deserving.

Some of the popular fellowships offered by Wharton include,

  • Joseph Wharton Fellowships
  • Forte Fellowships
  • Prism Fellowships
  • Corporate & Foundation FellowshipsFellowship supporters include,
    • The Goldman Sachs Group, Inc.
    • Daimler Chrysler Corporation Fund
    • General Motors Foundation
    • Robert R. Nathan Memorial Foundation

5. Haas Business School, University of California, Berkeley


University of California, Berkeley was founded in 186. The university has over 180 academic departments and programs with a student to faculty ratio of 17.8 to 1. The Haas Business School at UCB gives importance to finance, marketing, strategy, and organizational behavior.

Why study mba at this school?

Haas Business School focuses on producing business leaders who are adept at critical thinking, communication, and adaptability.

The full-time MBA program offered by Haas has 14 required courses in the core curriculum that build on one another. The school also allows students to pursue two degrees at the same time which can help them to nurture their intellectual curiosity. Some of these dual degrees include MBA/MPH, MBA/MEng, and JD/MBA.

What are the career prospects after graduation?

Over 93% of graduates received a job offer within 90 days of graduation. The median annual salary for Haas Business School graduates is a whopping USD 155,000.

Some of the most popular industries in which Haas MBA graduates found employment opportunities in include,

  • Consulting
  • Finance
  • Technology
  • Health Care
  • Consumer Products

Some of the top employers of Haas MBA graduates include,

  • Adobe Systems Inc
  • Amazon
  • Deloitte Consulting LLP
  • McKinsey & Company
  • Nike
  • PwC
  • Cisco Systems

Eligibility

The application requirements to enroll in the MBA program at Haas Business School include,

  • Submission of Berkeley MBA application
  • University transcripts
  • Resume
  • GMAT/GRE scores
  • Essays
  • Two Professional Letters of Recommendation
  • Interviews
  • English Language Proficiency Test scores (IELTS/TOEFL)
  • Candidates must hold the equivalent of a four-year U.S. bachelor’s degree.

Admission process & Fees

The estimated tuition fee to pursue an MBA degree at the Haas Business School for an international student is USD 76,433. The total estimated cost including transportation, food, books and supplies, accommodation, and health insurance is around USD 116,178.

Applicants can begin by creating an account here. The application status is updated on this portal.

Scholarship options

Some of the most popular fellowships offered to applicants at Haas Business School include,

  • Ma McFarland Fellowship
  • Center for Equity, Gender, & Leadership Fellowship
  • Center for Responsible Business (CRB) Fellowship
  • Tirado Fellowship
  • Mike and Carol Meyer Fellowship
  • Dr. Tahir Fellowship
  • Berkeley Haas Scholarships

6. Kellogg School of Management, Northwestern University


Northwestern University, a private research university, was founded in 1851. With a student-to-faculty ratio of 6:1, the university focuses on pushing the boundaries of academic excellence. The Kellogg School of Management at Northwestern University has been ranked number 3 by the US News & World Report.

Why study MBA at this school?

The Kellogg School of Management offers several types of MBA programs out of which the two-year program has proven to be the most popular. The program allows students to customize it based on their requirements, and acquire mastery in multiple disciplines.

What are the career prospects after graduation?

The top target industries post graduation from The Kellogg School of Management include,

  • Consulting
  • Technology
  • Finance
  • Health Care
  • Consumer Products
  • Government

The median annual salary of MBA graduates is around USD 150,000. Some of the top companies that employ MBA graduates from Kellogg include,

  • Adobe Systems
  • Amazon
  • Deloitte
  • McKinsey
  • Google
  • GlaxoSmithKline
  • Goldman Sachs
  • Capital One Financial Corporation

Eligibility

The eligibility criteria for the MBA program at The Kellogg School of Management include,

Bachelor’s or equivalent degree from an accredited college or university

  • Bachelor’s or equivalent degree from an accredited college or university
  • Application responses
  • Essays
  • Transcripts
  • GMAT/GRE score
  • Letters of recommendation
  • Resume
  • Interview report
  • Video essays
  • TOEFL/IELTS

Admission process & Fees

The annual tuition fee for the two-year MBA program is USD 78,276. The total annual expenses including books and supplies, transportation, housing, food, health insurance, and personal expenses may come up to around USD 117,259. The application fee is USD 250.

All interviews are currently virtual. Due to the unavailability of interviewers, an applicant’s interview may be waived.

The admission process includes,

  • Submission of the application process
  • Interview-based admissions committee review
  • Selection

Scholarship options

Some of the most popular scholarships offered by The Kellogg School of Management include,

  • Forte Foundation Scholarship
  • Kellogg Scholarship
  • James P. Gorter Scholarship
  • F.C. Austin Scholarship
  • Finance Fellows
  • Donald P. Jacobs International Scholarships

7. Stern School of Business, New York University


Founded in 1831, New York University has been an exemplary institution of academic excellence and research progress. It is the largest private university in the USA. The university has been ranked number 26 by Times Higher Education – University Rankings. The university offers over 9,700 courses across 650 areas of study.

Why study MBA at this school?

The two-year full-time MBA program at NYU’s Stern School of Business invites hundreds of students worldwide. The program offers 60 credits
One of the top MBA programs in the USA (and probably the world over), Stern’s full-time MBA costs USD 76,780 per year. However, the return on investment from the program is one of the reasons why most people apply to the school for an MBA degree.

What are the career prospects after graduation?

The median salary for the two-year full-time MBA class is USD 170,000. Some of the most popular recruiters of MBA graduates from Stern Business School include,

  • Warner Bros. Discovery
  • Novartis
  • Ford Motor Co.
  • Google
  • Rivian Automotive
  • PricewaterhouseCoopers (PwC)
  • Mars Wrigley
  • EY-Parthenon
  • Haleon (fka GlaxoSmithKline

Eligibility

The eligibility criteria at the Stern School of Business include,

Four-year bachelor’s degree from an accredited college or university in the U.S. or an equivalent degree (for Indian students, all three-year Bachelor’s degrees are sufficient to apply).

  • Four-year bachelor’s degree from an accredited college or university in the U.S. or an equivalent degree (for Indian students, all three-year Bachelor’s degrees are sufficient to apply).
  • TOEFL/IELTS scores
  • GMAT/GRE scores
  • Transcripts
  • Essays
  • EQ Endorsements

The annual tuition fee to pursue an MBA at the Stern School of Business is USD 82,326. The total expenses including transportation, accommodation, food, personal expenses, and others come up to USD 123,253.

New applicants may click this link here to begin their application process. The admissions committee evaluates each applicant based on,

  • Academic Profile
  • Professional Achievements & Aspirations
  • Personal Characteristics

Scholarship options

The majority of Stern MBA scholarships are full or half tuition awards.

Some of the most popular scholarships offered at the Stern School of Business include,

  • Advancing Women in Business Scholarship
  • Dean’s Scholarship
  • Named Faculty Scholarship
  • Leadership Accelerator Scholarship

8. Booth School of Business, University of Chicago


The University of Chicago is a private research university that was founded in 1856. The University of Chicago, situated in Hyde Park, offers a rich campus life in a big-city setting. The university is known for its rigorous academic and enrichment programs. It is ranked number 6 in the Top National Universities rankings list by US News for 2022-2023.

Why study MBA at this school?

The Booth School of Business offers a very flexible full-time MBA program. The full-time MBA program is spread over 21 months and offers 13 concentrations for students to choose from.

What are the career prospects after graduation?

Over 96% of graduates received a job offer within 90 days of graduation. With a median annual salary of USD 155,000, graduates of The Booth School of Business are among the highest-paid MBA graduates in the world.

Some of Booth School of Business’ most prolific employers include,

  • Amazon
  • Goldman Sachs
  • Google
  • McKinsey & Co
  • Morgan Stanley
  • Pepsico
  • The Boston Consulting Group

Eligibility

The eligibility criteria for admissions include,

  • Essays
  • Duly filled application form
  • Resume
  • Two letters of recommendation
  • Academic and professional transcripts
  • GMAT/GRE scores
  • IELTS/TOEFL/PTE scores

Admission process & Fees

The tuition fee for the full-time MBA program at The Booth School of Business is USD 77,841 for 9 months. The total expense that a student will incur over the course of the first 9 months may come up to USD 115,062 which includes transportation, accommodation, food, transcript fee, and books.

The admission process involves the following steps,

  • Apply for admission
  • Submit necessary documents
  • Admissions interview
  • Admissions committee’s decision regarding the application
    • Admission
    • Waitlist
    • Denied admission
  • Selection

First-time applicants can register for admission here.

Scholarship options

Booth School of Business offers financial aid in the form of scholarships and loans to deserving students. The most popular scholarships at Booth include,

  • Herman Family Fellowship for Women Entrepreneurs
  • Merit-based scholarships
  • McKinsey & Company Emerging Scholars
  • Forte Foundation Fellowship
  • Distinguished Fellowship
  • Global Innovator fellowships
  • Canfield Private Equity Fellowship

How to apply for an MBA in the USA?


Applying for an MBA can be quite cumbersome, especially when one does not know much about the application process or the requirements. Fortunately, you have us. At TC Global, we make your dreams come true by helping you apply to your college and program of choice!

1. Choose your match!

Based on your requirements and academic performance, we suggest universities and programs that you could apply to. But don’t worry! You could also choose to apply to a university of your choice as well. Match with universities or courses and begin your journey!

2. Shortlist courses and compare

Once you are done with shortlisting universities, courses or countries, compare these to understand which fits your requirements best. Based on this comparison, you may choose the one that stands out and begin your application process.

3. Talk to our experts

Schedule meetings to have discussions with our relationship members to understand how to begin your application process. Our relationship managers can validate the universities and programs shortlisted by you to easily slip into the admissions process stress-free.

4. Attend Events

Join events hosted by us and get to know more about studying abroad. The masterclasses that are hosted by us can also help you to get insights into what’s new in the industry and in the world of academics, thereby getting you ready for tomorrow.


Let’s get you into top courses with no stress


Now that we have discussed in detail the requirements of pursuing an MBA in the USA, top universities, colleges, eligibility, and fees, here’s a look at how you can apply seamlessly to these courses. Applying for the best courses is literally a touch away with the TC Global web application or mobile app.

Explore courses and start your journey here.

Getting Started

To move forward with us, download our app or visit tcglobal.com and sign in to create an account on our student platform! 🚀 Once you’re logged in to your platform, onboard with us by giving us some initial information!

✅Once you’ve done this, visit Calendly.com/tcglobal to pick a Relationships team closest to you and choose a slot that works well for you for an e-meet with our team 🤙🏻🥳

Let’s shape your future together 🌍😊

Also Read: MBA in Finance: In-Depth Guide for All Your Questions


Date added
01.11.2022

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