Every year, a large number of students dream with open eyes about doing an MBA in USA. MBA colleges in USA offer various prospects for international students. Every year, the USA has the highest number of international students. And every year, employers from investment banks, consulting firms, manufacturing, and technological industries hire from the top MBA colleges in USA. The MBA in USA gives a student a strong brand value that will help him get an edge over other students.
Types of MBA in USA
MBA colleges in USA offer six different types of MBAs to students. These programs are not only extensive but also highly versatile.
1.Full-time MBA
It takes one to two years to complete with average work experience required is 3+ years. It schedules their classes regularly for their students.
2.Part-time MBA
It takes 3 or 3+ years to complete a part-time MBA. The average work experience required is 0–3 years, and they have evening classes for their students.
3.Executive MBA
It takes two years to complete an Executive MBA, with 8+ years of work experience required. It conducts weekend classes for its students.
4. Global MBA
It takes 1–2 years to complete a Global MBA, with a minimum of 8 years of work experience required. It conducts regular classes for its students.
5. Certificate Program
It takes 1 to 2 years to complete a certificate programme, and no work experience is required to do it. It schedules its classes in 4 to 8 modules for its students.
Top Universities in USA
There are more than 20 world-renowned universities in the USA. All MBA colleges in USA offer something different from each other. But there are few universities that stand out from their competitors.
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Harvard University
Harvard University is one of the oldest and most famous institutions that provides MBA in USA. They offer 2-year MBA programs to their students. They have four popular types of MBA courses.
- MBA in Finance
- MBA in Corporate Social Responsibility
- MBA in Information Management
- MBA in Entrepreneurship
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Stanford University
Established in 1891, it is ranked among the top 10 universities in the world. The Stanford University Graduate School of Business offers an excellent MBA course to international students. They have five popular types of MBA courses.
- MBA in Accounting
- MBA in Global Management
- MBA in Managerial Economics
- MBA in Global Management
- MBA in Finance
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The University of Chicago
This university was founded in 1890. It is a private research institute in the USA. It provides MBA in USA in various specializations.
- MBA in Accounting
- MBA in Analytical Finance
- MBA in Econometrics and Statistics
- MBA in Economics
- MBA in International Business
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Massachusetts Institute of Technology
This institute was established in 1861. It is a private research institute in Cambridge, Massachusetts. Sloan School of Management is a B-school of MIT that offers MBA programs.
- MBA in Finance
- MBA in Entrepreneurship and Innovation
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University of Pennsylvania
Commonly known as Penn University, was founded in 1751 is one of the oldest institute of the USA. The university was founded by Benjamin Franklin, and offers various bachelors and masters programs.
- MBA in Accounting
- MBA in Actuarial Sciences
- MBA in Business Analytics
- MBA in Entrepreneurship and Innovation
Eligibility Criteria for B-Schools
Students who want to do an MBA in USA need to fulfill all the following criteria.
- Applicants have to make sure that they have a good GPA in their bachelors degree to make the admission process easy.
- Must have completed 16 years of education, which means 10+2+4 education or complete a four-year bachelor’s program.
- Ensure that you have relevant work experience as demanded by the university.
- A bachelor’s degree from a recognized board.
- IELTS/PTE/TOEFL scores are required to study abroad for non-native speakers of English.
- GMAT or GRE scores, depending upon what is acceptable at the university.
Documents Required to do MBA in USA
All International students must submit supplementary documentation while seeking to study MBA in USA. Some of the following are listed:
- All past academic qualifications and transcripts
- Letters of Recommendation
- Updated Resume
- MBA Essays
- Statement of Purpose
- Cover Letter (if required)
- Copy of student visa
- Test scores as per the requirements of the university
- Passport size photographs
Cost of Doing an MBA in USA
Doing an MBA in USA is a dream of many students across the globe, but for some universities, the cost may be a little high. The tuition fees of B-schools like Stanford and Harvard have risen in the past few years, which is why most of the students look for scholarships and fellowships for assistance. Some top and renowned MBA institutes offer scholarships for studying MBA in the USA, especially for international students of all nations.
Institutes like Harvard and MIT are now offering full funding for the course to deserving students. They don’t want to lose an ideal student just because they can’t afford the tuition fee.
All-in-All!
During every year, many students dream of doing an MBA in USA, only a few are able to afford it. A student has to keep all the factors in mind while choosing an institute, including college fees and the cost of living in that city. But with the availability of scholarships, many can still do the MBA if they meet all the requirements.
