Study MBA in USA

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The Master of Business Administration (MBA) is an internationally-recognized degree designed to prepare students for future jobs. It focuses on developing both industry-specific knowledge as well as high in-demand soft skills like leadership, empathy and interpersonal skills.

An MBA degree can propel a professional career across industries and functional departments. There are over 2000 MBA programs offered globally with multiple options to specialise in, like Finance Leadership, International Management, Consulting, Technology Management, Entrepreneurship and more. The core curriculum includes subjects like accounting, operations, marketing, and economics.

 

Why choose to study MBA in USA?

Before deciding on pursuing an MBA degree, one must know what are the advantages of studying MBA in USA?

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High Ranking Institutes

According to World University Rankings 2020 by Times Higher Education, among the top 10 B-schools in the world, 7 are from USA. These B-schools provide the best of faculties, research and internship opportunities to its students.

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Wide Range of courses

With over 4,000 accredited colleges and universities, there are many learning options for students to choose from. From languages, linguistics, literature to biological sciences, law, historical and philosophical studies to physical sciences, creative arts and design any subject can be studied in-depth.

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Excellent career and job opportunities

Most universities and educational institutions in the USA have strong networks and tie-ups with leading companies to take top-performing students as their employees. Most full time two year MBA courses offer internships in a reputed organization that may lead to full-time employment for students.

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Return on Investment

The Graduate Management Admission Council (GMAC) 2019 Corporate Recruiters Survey showed that 76% of organizations plan to hire more MBA graduates in the future, while the average starting salary is at its highest ever for US graduates at $115,000 per annum.

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Diverse Culture

College campuses in the US have a rich ethnic diversity. The multi-cultural environment helps students learn the value of diversity, racial, gender equality and acquire skills to foster cross-ethnic relationships which is a must today, with the global economy being the norm.

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Top B-Schools in USA

MBA is a highly competitive degree to pursue. It requires considerable time and effort to successfully complete the program. Before starting the application process it is important to know what are the best MBA colleges to study in the USA?

USA has the most number of high ranking B-schools in the world. They rank high on student satisfaction, quality of education, faculty experience, research and internship options. According to QS Global MBA Rankings 2020, following B-schools are top ranking in the USA:

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Penn, The Wharton School

QS Global Rank #1
Duration: 21 months
Avg. GMAT Score: 732
Avg. Work Experience: 5 years
Fee (USD) >$120k

 

The 20-month Wharton (including a recommended 3.5-month summer internship) full-time MBA usually includes a requirement for a major concentration of 4.0 credits, with a choice from 19 majors, plus 5.5 electives in addition to the core curriculum.

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Stanford Graduate School of Business

 QS Global Rank #1
Duration: 24 months
Avg. GMAT Score: 730

Avg. Work Experience: 4 years

Fee (USD) $110k-$130k

The school is known to have an acceptance rate of just 7.1%. Its distinguished faculty includes three Nobel Prize winners, two John Bates Clark Award winners and 15 members of the American Academy of the Arts and Sciences.

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MIT Sloan School of Management

QS Global Rank #3
Duration: 24 months
Avg. GMAT Score: 728
Avg. Work Experience: 5 years

Fee (USD) >$120k

MIT Sloan offers a range of MBA programs, with two full-time MBA variants – the flagship MIT Sloan full-time MBA program, completed over two years, and an immersive, one-year, full-time Sloan Fellows MBA program.

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Harvard Business School

QS Global Rank #5
Duration: 24 months
Avg. GMAT Score: 730
Avg. Work Experience: 4 Years

Fee (USD) >$120k

Harvard Business School (HBS) is the graduate business school of Ivy League. HBS offers a full-time, two-year, residential MBA program. It also offers dual-degree options through other Harvard colleges, including Harvard Kennedy School, Harvard Law School, Harvard Medical School, and the Harvard School of Dental Medicine.

The Harvard MBA exposes students to real-life leadership challenges through interaction with a diverse community, immersing them in intense, transformative experiences that prepare them to be fully alert and functional wherever in the world they may go.

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The University of Chicago Booth School of Business

QS Global Rank #8
Duration: 21 months
Avg. GMAT Score: 731
Avg. Work Experience: 5 years

Fee (USD) >$120k

Chicago Booth offers the world’s most flexible full-time MBA program. It helps students build upon their existing academic and professional backgrounds, bringing them closer to their goals. Their multidisciplinary approach to problem-solving empowers students with frameworks for freethinking and sound decision making.

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Post Study Stay Back Options

F1-visa will allow students to stay for 60 days after completing their MBA studies in the USA. To stay for a longer period post obtaining an MBA degree in the USA, students have to apply for one of the following visas:

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• Optional Practical Training (OPT)

• H-1B visa

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Optional Practical Training (OPT) refers to temporary employment for students relating to their field of study. Eligible students can receive up to 12 months of OPT employment.

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Post-completion OPT: Students can apply for this option after completing their studies. Those who are authorized for post-completion OPT can work either part-time or full time. OPT allows students to stay and work in the United States for 12 months.

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STEM (Science, Technology, Engineering, Mathematics) students get an opportunity to apply for a 24-month extension on their post-completion OPT, provided they have been granted the initial 12-month post-completion OPT and are in the valid period of OPT.

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There are a few MBA programs offered USA that are designated as STEM courses. These are general business degrees with an emphasis on STEM applications.

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The H-1B visa is an employment-based, non-immigrant visa for temporary workers. An F-1 student visa can be transferred to an H-1B visa if one’s US employer is willing to sponsor. With an H-1B visa, one can live and work for up to 6 years in the US.