Do you want to study MBA abroad?
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MBA is one of the globally recognized degrees and is widely opted for by students because of the career opportunities it offers. It is very much an international degree.
While some MBA students may choose to stay in their home country to pursue their MBA, several MBA's want to travel the globe to add another international layer to their studies.
With several course options, great career opportunities, and handsome salary packages, an MBA abroad is undoubtedly the best choice to set the foundation for a promising future. Keeping in mind the continuous expansion and evolution of different industries, MBA graduates can choose from a broad range of opportunities after completing their courses. Besides, the best MBA colleges abroad also offer international exposure through various training and internship programs to their students.
Career counsellors help individuals with the task of self-assessment and self-analysis. They then match the aptitude, skills and interests of the individuals with various job types. They also help identify the various job options available and provide clarity on different job roles. Overall, career counsellors help individuals make informed career choices and help them define their career paths to maximize the success in their chosen careers.
UK: Commonwealth Master's Scholarships, British Council scholarships.
Germany: DAAD scholarships.
Ireland: Embassy of Ireland, Tanzania Fellowship Training Programme.
For Indian students applying for an MBA overseas, a bachelor's degree in business or management is not a requirement in many B-schools.But before admitting in an MBA from abroad, you must fulfil a few requirements.
The potential business school's admissions representatives will review these materials and decide. Whether to invite you in for a face-to-face interview after reviewing them. Online-Interviews are conducted, but not by all university & colleges.
Top Countries to Study MBA Abroad:
The USA is home to some of the best business schools in the world.The USA is one of the finest nations study MBA because of access to cuttingedge technology, infrastructure support, fantastic internships, and practical training through projects. An MBA in the US stands out from those in other countries primarily because B-schools give students the chance to broaden their networks and get to know the right individual. For Aspiring business owners and executives, this is useful.
Top B-School to Study
Cost of Study in the USA:
The cost varies according to the selected colleges & universities. The typical annual tuition for students at the top business schools range from $60,000 to $80,000 Whereas that amount can range from $30,000 to $50,000 at a more affordable business school. Living Expenditures and other extraneous fees, such as reading materials and other Study expenses are not included in the tuition fees.
Stay back for the USA Graduates: MBA students are permitted to remain for an additional year on an H-1B visa following the completion of their programme. However, students enrolled in MBA programmes with Stem certification are qualified to seek for a 24 months extension, bringing the total length of stay to three years.
CANADA: Canada has grown in popularity as a study abroad option for Indian students. The manufacturing, oil and gas, mining, agriculture and finance Sectors of the economy of the nation are all booming. Once they have earned their degrees, the Students have a better understanding of the advantages of a thriving economy. Enough employment. Options and simple immigration procedures make Canada a desirable destination for MBA students looking to study abroad.
Top B-Schools to Study MBA in Canada:
Stay-Back for MBA Graduates: The period of the course determines whether a poststudy stay in Canada is valid. A student may remain in Canada for as long as the course lasts if they are there for less than eight months but more than two years. The majority of MBA graduates, though, remain in Canada for two years. As a result, students enrolled in programmes lasting two years or longer are permitted to stay in the country for three years.
In the last few years, London's financial services and banking industry has exploded. Due to this, the employment rate of MBA graduates in the UK has grown. In a few colleges and universities in the UK, GMAT and IELTS are not required. In addition to providing a challenging academic environment, the UK has emerged as a popular choice for students looking to pursue an MBA abroad due to the abundance of internship opportunities it offers, preparing them for the workforce.
Top B-Schools to study MBA in the UK:
Cost of Studying for an MBA in the UK: Students can choose from a variety of specialisations when pursuing MBA programmes abroad. The price of education varies according to the length of the programme, the university or business. School’s fee schedule and the area of concentration. The average cost of an MBA program in the UK is between £20,000 - £50,000.
Stay-Back for MBA Graduates: The post-study work visa enables students to remain in the UK for up to two years after their studies are over. They can use this time to search for employment prospects and arrange stay in the country to work there.
Students who earn an MBA from Australia are recognised internationally and will be allowed to work. Anywhere in the world. Students have had lucrative learning opportunities thanks to the quality and reasonably priced education provided by Australian business schools. Australia is well-liked option for MBA abroad for international students because of its low cost of living, comparable climate to India, and laid-back student lifestyle.
Top B-Schools to Study in Australia:
Cost of study in Australia:
The cost of an MBA programme in Australia varies depending on the university and subject. However, the typical cost of an MBA program for students from outside Australia will be between AUD 39,000 - AUD 90,000.
Stay- Back for MBA Graduated:
After completing their MBA program, abroad, International students are allowed to stay in Australia. As per their choice, they can opt for either post-study work or even a permanent Residency visas.
Exams Required To Study MBA Abroad:
A good GMAT or GRE score is required to enrol in an MBA programme at an overseas university. GRE and GMAT can each be taken once every 21 days and once every 16 days, respectively, with a Maximum of five attempts allowed in a 12-month period. GMAT assesses a student’s analytical writing and reasoning skills, numerical ability, critical thinking and sentence correction. To show your English language ability, you must have an IELTS score between 6.0 and 6.5, which is Required in all study abroad programs.
Is GMAT mandatory for MBA Abroad?
Surprisingly, the answer is No, it can be waived too. The majority of business schools demand a verifie GMAT score. It is without a doubt one of the most crucial tests for MBA study abroad. Candidates devote more than 80% of their time to GMAT. Preparation because a strong score will increase their chances of admission to a prestigious business School. However, some pupils struggle to pass the exam so without wasting another year; individuals can apply to colleges that accept applicants without GMAT scores.