Gaining an MBA Abroad from a reputable university can lead to new prospects. Additionally, you have a wide range of fantastic employment options if you attend a prestigious university like Harvard or Oxford. Additionally, most international MBA schools permit their students to return, enabling them to work and gain experience in the workforce. Moreover, students, who want to pursue an MBA abroad should choose between the GRE vs GMAT which one is best for them. Read more for knowing more about MBA abroad.
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Why Choose an MBA Abroad?
- By studying MBA abroad you can acquire the practical knowledge of businesses.
- Create more networking opportunities.
- Wider range for career options.
- Income for MBA abroad graduates are much higher than for MBA India graduates.
- Take your career to the next level.
- Top business schools for MBA.
- Offers many MBA specializations.
MBA Abroad: Overview
| Full Form | Master of Business Administration |
| Cost | INR 20 to 80 Lakhs |
| Duration | 1 to 2 Years |
| Types of MBA | Online, Executive, Part-Time and Full-Time |
| Top Countries | Australia, Singapore, Canada, etc. |
| Specialisations | Project Management, Marketing, Finance, etc. |
| Average Salary | INR 18 to 60 Lakhs |
MBA Abroad: Subjects
The core and elective subjects for MBA abroad are:-
| Core Subjects | Elective Subjects |
| 1. Applied Statistics 2. Managerial Economics 3. Human Resource Management 4. Contemporary Management 5. Strategic Management 6. Entrepreneurship 7. Accounting and Finance 8. Business Research 9. Business Law and Ethics 10. Operational Management 11. Business Economics 12. Marketing Management 13. Entrepreneurship Project 14. Business Management 15. Customer Behaviour 16. Customer Relations | 1. Integrated Reporting 2. Risk Management 3. Corporate Sustainability Strategy 4. Data Analytics 5. Advanced Finance 6. International Insurance Laws 7. Basic Excel for Data Management 8. Strategy 9. Insurance 10. Managing Markets |
MBA Abroad Syllabus: Semester-Wise
MBA Abroad is basically of 2 years. Below is the semester-wise syllabus for MBA abroad.
| SEMESTER- 1 | SEMESTER- 2 |
| 1. Marketing of Products and Services 2. Organizational Behavior 3. Excel Spreadsheet Modeling 4. Consumer Behavior and Marketing 5. Business Statistics 6. Micro-Economics 7. Joy of Management 8. Finance for Non-Finance | 1. Managing Financial Resources 2. Legal Processes and Managing Stakeholders 3. Indian Economy in the Global Context 4. Financial Markets and Indian Banking 5. Human Resource Management 6. Supply Chain and Managing Operations 7. Synthesizing and Analyzing Data Using R 8. Costing Products and Services |
| SEMESTER- 3 | SEMESTER- 4 |
| 1. Problem-solving and Consulting Skills 2. Applied Business Research 3. Analyzing and Mitigating Risk 4. Corporate Governance and Social Responsibility 5. Leveraging IT for Business 6. Business Model and Intellectual Property 7. Management of Design | 1. Data Science Using R and Finance 2. Project Management 3. Applied Business Research Project 4. Leadership Development 5. Integrated Decisions Making 6. Ethics and Indian Ethos 7. Capstone Simulation |
Top 8 Countries for MBA Abroad
1. Singapore
Singapore is one of the most sought-after business destinations worldwide, owing to its low population density. It is home to some of the best Business schools on the Asian continent and offers pupils a one-of-a-kind international education both inside and outside of the classroom. Since studying for an MBA in Singapore is so reasonably priced for Indians, Indian students frequently choose to pursue their studies here.
Top Universities/ Colleges in Singapore for MBA
- NUS Business School
- INSEAD
- Nanyang Business School
- Management Development Institute of Singapore
- Singapore Management University
- London School of Business and Finance
2. Australia
Known as “The Land Down Under” or Oz, Australia has successfully established itself as the top MBA destination, largely because to its highly regarded business schools, which give students all the tools they need to succeed as future leaders and entrepreneurs. Australia is known for being immigration friendly because it has one of the simplest immigration procedures in the world and offers international students an amazing lifestyle.
Top Universities/ Colleges in Australia for MBA
- The Australian National University
- UNSW Sydney
- Macquarie Business School
- The University of Queensland
- The University of Western Australia
- The University of Melbourne
- University of Tasmania
- La Trobe University
- RMIT University
3. Germany
Germany is known for its technological prowess and inventiveness. It is a global leader in the automotive and electrical industries and boasts one of the biggest economies in the world. The majority of business school students nationwide benefit from the academic success of their institutions. There are more students pursuing MBAs in Germany now that English-language courses are available at the majority of German universities and B-Schools. Germany is among the top ten countries in the world that offer MBA graduates the highest-paying jobs, and it boasts the largest economy in Europe.
Top Universities/ Colleges in Germany for MBA
- Munich Business School
- Technical University of Munich
- ESMT Berlin
- Frankfurt School of Finance and Management
- University of Mannheim
- University of Cologne
- EU Business School
- CBS International Business School
- Leipzig University
- Furtwagen University
4. United Kingdom
With some of the top universities in the world, the UK is able to attract a sizable number of international students each year who wish to study for an MBA. Leading the list of the top banking and financial industries, the nation plays a significant role in the global economy and provides MBA students with good employment chances in marketing, finance, or similar fields. The UK’s b-schools ensure that aspiring business leaders receive a demanding education and graduate with the qualifications needed for senior management roles.
Top Universities/ Colleges in the United Kingdom for MBA
- Imperial College Business School
- University of Cambridge
- University of Oxford
- Alliance Manchester Business School
- Warwick Business School
- University of Glasgow
- University of Kent
- University of Leeds
- The University of Edinburgh
- Lancaster University Management School
5. Canada
Because of its safe atmosphere, excellent business schools, and diversity of cultures, Canada is quickly rising to the top of the list of countries where MBAs are most desired. One benefit of studying in Canada is that students can obtain a work permit that allows them to remain in the nation for one to three years after completing their MBA program. Canada’s mining, agricultural, and manufacturing sectors have all experienced steady growth over the years due to the country’s thriving economy, which means there are plenty of job chances for overseas students to succeed in their professions.
Top Universities/ Colleges in Canada for MBA
- McGill University
- Ivey Business School
- Rotman School of Management
- Schulich School of Business
- Simon Fraser University
- University Canada West
- Alberta School of Business
- Cape Breton University
- Royal Roads University
- Thompson Rivers University
6. United States of America
Once again, the United States leads the list. With some of the best business schools in the world, the USA is one of the most sought-after study locations for international students pursuing an MBA. The US is renowned for offering top-notch educational resources, prestigious corporate internships, and the business exposure necessary to succeed in the corporate sector. Expanding job options and networking to know the right people in the right place are the main goals of American Business schools.
Top Universities/ Colleges in the United States of America for MBA
- Harvard University
- University of Pennsylvania
- Ross School of Business
- Northwestern University
- Stanford University
- Dartmouth College
- University of Michigan
- Massachusetts Institute of Technology
- University of Washington
- Carnegie Mellon University
7. France
Without a doubt, one of the most popular locations for international students seeking an MBA is France. The nation is home to one of the most prestigious business schools in the world and was among the first in Europe to offer an MBA. In actuality, France is home to two of the top ten MBA programs according to the QS Global MBA Rankings 2023. The nation offers students the chance to study in one of the most widely spoken languages in the world, as well as the convenience of being close to many of the major political and economic centres of Europe.
Top Universities/ Colleges in France for MBA
- University of Paris
- HEC Paris
- École de management de Normandie
- Skema Business School
- Paris School of Business
- Emlyon Business School
- ESSEC Business School Cergy-Pontoise Campus
8. Switzerland
Switzerland’s universities provide globally acclaimed MBA programs that will aid in your understanding of both specialized and general business principles. High-tech and banking are two of Switzerland’s key businesses, providing graduates with a wide range of employment opportunities following their MBA studies in Switzerland.
Top Universities/ Colleges in Switzerland for MBA
- The University of Geneva
- Swiss Federal Institute of Technology Lausanne
- The University of Zurich
- ETH Zurich
- IMD Business School
- Business and Hotel Management School
- IE University
- IMI International Management Institute Switzerland
- Webster University Geneva
Cost of Studying MBA Abroad
| Best Countries for MBA | 1st year MBA Average Cost |
| Singapore | S$15,000 to S$30,000 |
| Australia | AUD 39,000 to AUD 90,000 |
| Germany | EUR 14,052 to EUR 36,300 |
| United Kingdom | £10,000 to £50,000 |
| Canada | CAD 30,000 to CAD 42,000 |
| United States of America | $10,000 to $55,000 |
| France | EUR 20,000 to EUR 35,000 |
| Switzerland | CHF 30,000 to CHF 85,000 for full program |
Scholarships for MBA Abroad
Many students face issues for studying abroad. Below mentioned are some of the scholarships offered to international students for MBA abroad.
- The Commonwealth Scholarships, UK
- Foreign Fullbright Student Program, US
- The Chevening Scholarships, UK
- Government of Ireland International Education Scholarship, Ireland
- New Zealand Excellence Awards, New Zealand
- New Zealand Commonwealth Scholarships, New Zealand
- Quebec Provincial Government Scholarship
- Australia Awards Scholarships
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MBA Abroad Specializations in Demand
Some of the most demanding MBA abroad specializations are as follows.
- Sports Management
- Digital Marketing
- Information Technology
- Luxury Management/ Brand Management
- Project Management
- Construction Management
- Information Systems
- Supply Chain Management
- International Business
- Entrepreneurship
- Human Resources
- Finance
- Marketing
Job Options After MBA Abroad
| Job Roles | Average Salary (in INR) |
| Operations Manager | 41 Lakhs to 11 Crores per year |
| Consulting Manager | 48 Lakhs to 12 Crores per year |
| Marketing Manager | 4.50 Lakhs to 10.50 Crores per year |
| Strategy Manager | 8 Lakhs to 16 Crores per year |
| Project Manager | 45 Lakhs to 11 Crores per year |
| General Manager | 54 Lakhs to 13.70 Crores per year |
| Assistant B.D. Manager | 38 Lakhs to 68.45 Lakhs per year |
| Business Development Manager | 76 Lakhs to 13.68 Crores per year |
Top Recruiters for MBA Graduates Abroad
- Walt Disney
- Goldman Sachs
- Bain & Company
- Microsoft
- Apple
- McKinsey & Company
- JP Morgan
Best Books for MBA
The best books for studying MBA in abroad are as follows.
| Book Name | Author/ Editor |
| The Ten-Day MBA | Steven Silbiger |
| The Intelligent Investor | Benjamin Grahman |
| The Portable MBA in Finance and Accounting | John Leslie Livingstone |
| Great Applications for Business School, Second Edition | Paul Bodine |
| The Lean Startup | Eric Ries |
For studying MBA abroad you can take help from our experts who will guide you with proper knowledge. From choosing a university to getting admission in abroad. They will be with you every step. So, fill out the registration form that is mentioned below with exact information.
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FAQs
What are the countries that are the cheapest for an MBA?
The cheapest countries for an MBA are Germany and Norway.
Name the best courses for an MBA Abroad.
The best courses for MBA abroad are:-
1. MBA in Operations Management
2. MBA in Strategic Management
3. MBA in Finance
4. MBA in Marketing
5. MBA in International Business
Is earning an MBA overseas worthwhile?
One of the most popular majors for Indian bachelor’s degree holders seeking postgraduate study is management. Even more appealing to the great majority of Indian professionals and students is an international MBA. An MBA from a foreign business school will, after all, genuinely change your life.
