MBA in US – Top Universities, Fee, Eligibility, Intake, Scholarships

 

Studying an MBA in US is a wise move, considering how the country is one of the most popular choices for international students. There are several reputed universities and institutions offering high-quality MBA programs with world-class faculty, hands-on learning opportunities, and excellent industry links with global corporations. The US is home to some of the top-ranked global universities for MBA programs, including Stanford, Harvard, Wharton, and more. Most of these institutions offer solid ROI for students along with excellent employability alongside. 

Two-year MBA courses in the US are highly recognized by global employers, enabling deep-rooted learning of the core syllabus including finance, strategy, and management in Year 1, along with specializations in Year 2, including unique options like sustainability and AI, among others. Another advantage is the multicultural and cosmopolitan environment for international students in the US along with vibrant campus life. Additionally, the country has a flourishing job market, with lucrative opportunities for MBA graduates in fields like finance, technology, marketing, administration, and more. The H1-B visa also helps international students stay back and build a career in the US. Here is a closer look at some of the key aspects related to studying MBA in US for your perusal. 

MBA in US Highlights

Total No of CollegesN/A
Cost$31- 90,000 per year
IntakeFall (August-September), Spring (January), Summer (May)
SpecializationGeneral Management, International Management, Finance, Leadership, Operations Management, Consulting, Marketing, Technology Management
Exams RequiredGMAT/GRE and English language proficiency (IELTS/TOEFL)

Types of MBA in US

Full-Time Two-Year MBAFull-Time One-Year MBAPart-Time MBAOnline MBAInternational/Global MBAExecutive MBA
First year covers core disciplines while you can specialize in selected areas in the concentration periods and elective modules in the second year  More intensive and accelerated program with similar course content as two-year MBA programsDegree completion often takes between 2-5 years or more, with weekly class schedules at convenient timesCourse completion from home with similar content like physical courses and extended durations Same content as full-time MBAs, with higher concentration of international management and business Suited for mid-career professional and has work experience requirements. They are taught part-time while students can continue working 

Top 10 MBA Colleges in US

Name of the CollegeQS Ranking (Global MBA Rankings-2025) Action 
Massachusetts Institute of Technology (MIT)1Apply
Harvard University4Apply
Stanford University6Apply
California Institute of Technology (Caltech)10Apply
University of Pennsylvania11Apply
University of California, Berkeley (UCB)12Apply
Cornell University16Apply
University of Chicago21Apply
Princeton University22Apply
Yale University23Apply

Eligibility Criteria to Pursue MBA in US

  • Four-year bachelor’s degree from either an accredited institution in the US or a global equivalent 
  • Personal statement and resume
  • Work experience of 2-3 years if necessary 
  • Letters of recommendation 
  • GMAT score (usually above 600)
  • English proficiency proof (TOEFL/IELTS scores)

MBA in US Student Visa

  • You should obtain the F visa to study MBA at a university/college
  • You will require a valid passport and complete the DS-160 nonimmigrant visa application form 
  • Other necessities include the receipt for application fee payment and a photograph as per the guidelines 
  • The certificate of eligibility for nonimmigrant (F-1) student status for Form I-20 is necessary (I-20 will be sent to you by the institution once you enter data in SEVIS)
  • Other documentation may sometimes be required, including academic transcripts and certificates, standardized test scores, proof of funds, and your intention to return from the US once you complete your course 
  • You will have to attend your visa interview and provide your digital fingerprint scans as a part of the process 

How Much Does It Cost for MBA in US?

  • The average cost is approximately $31,300 per year or around $62,600 for a two-year course
  • In-person programs may cost around $46,700 annually on average, with part-time program costs standing at $16,000 per year 
  • Private and reputed institutions may charge up to $83-90,000 per year as well 

Cost of Living in US

  • Housing– $4,800-20,000 per year
  • Food- $300-500 per month 
  • Transportation- $90-130 per month 
  • Internet and Phone- $20 per month 
  • Entertainment and Recreation- $50-100 per month 
  • Shopping- $100 per month 

Work Permit after Pursuing MBA in US

  • You can enroll in the OPT (Optional Practical Training) module after completing your MBA 
  • It is a 12-month period which allows you to stay back and work in the country 
  • Graduates from STEM-certified MBA courses are also eligible for another 24 months (three years in all) for the OPT
  • You have to apply for the OPT up to 90 days prior to completing the MBA degree and up to 60 days after graduating 
  • During the OPT, you may apply for the H-1B work visa which is the work permit for highly-skilled migrants. You should have an employer sponsor for the same
  • There is a cap on the visa, which is given to bachelor’s and then master’s students, and once the cap is reached, there is a lottery that takes place 

Eligibility Criteria for Work Permit

MBA Scholarships for US

ScholarshipDetails
Chicago Booth Merit-Based ScholarshipsApplicants are considered based on their academic merit, interview quality, life experiences, and career goals 
Harvard Business School Need-Based ScholarshipsScholarships are given based on financial need with 50% of students receiving the same with average amounts of $46,000 per year. 
Need is calculated based on the applicant’s income, assets, undergraduate debt, and socioeconomic background
Columbia Business School ScholarshipsPartial-tuition scholarships are offered to candidates based on their need or merit Amounts range between $10-30,000 and awards are usually renewed for the second study year 
Yale School of Management (SOM) ScholarshipsScholarships are given for both MBA program years based on merit, achievements, community contributions, etc. 
Yale SOM Global Leaders from India MBA Scholarship This offers five merit-based scholarships covering at least half of tuition for Indian candidates 

Career Prospects

  • MBA graduates in the US find opportunities in consulting, private equity, consumer products, F&B, financial services, healthcare, and technology 
  • Project management, supply chain management, business analytics, and artificial intelligence training are new-age specialties that are highly marketable in a competitive space 
  • Some popular jobs include positions like IT manager, medical and health services manager, human resources manager, personal financial advisor, and operations research analyst 

Salary After MBA in US

  • General Manager– $63-129,000 per year 
  • Chief Financial Officer- $99-251,000 per year
  • Marketing Director- $72-175,000 per year
  • Senior Financial Analyst- $72-113,000 per year
  • Human Resources Manager- $57-105,000 per year 
  • Director of Operations- $75-176,000 per year 
  • Financial Analyst- $56-93,000 per year 
  • Marketing Manager- $58-122,000 per year 
  • Financial Controller- $70-140,000 per year
  • Finance Manager- $77-138,000 per year
  • Operations Manager- $59-129,000 per year 
  • Senior Accountant- $60-94,000 per year
  • Accounting Manager- $63-116,000 per year
  • Finance Director- $83-177,000 per year 

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