Best Countries to Study MBA Abroad for Indian Students

Why Study MBA Abroad

• Future-oriented Infrastructure: There are certain abroad universities that have cutting-edge technology and innovation hubs (or) centres for students with a vision towards the future betterment.
• International Exposure: Pursuing an MBA abroad exposes another world to students and helps them to think rationally. This unique attribute would be useful in today’s business world.
• Linked-In: A student who decides to study abroad connects to an opportunity with students and professionals across the world. This aids in the job search or for referrals.
• Catchy Careers: Studying an MBA in overseas education can land lucrative job postings and attractive salary packages for graduates.
• Trying New: A student who crosses the border for study abroad programs could change the way of life and transform into a self-reliant and self-sustaining person.

Best Countries for MBA for Indian Students

Choosing a country among the best countries for MBA studies depends upon several factors, such as tuition fees, food and accommodation, standard of living, and so on. Considering all the necessary factors and also the course factors, the following list lists the best countries to study abroad for an MBA:

Let’s delve deeper for more insights:

The United States of America

The USA is considered the best country for MBAs for students from India. There is a reason for the USA’s supremacy over MBA. The possible explanation is that the USA is the hub of most renowned universities, and certain colleges are considered the best MBA colleges in the world. The MBA course in the USA also includes internships during the summer.

The United Kingdom

Like the United States, the United Kingdom is also the preferred country for Indian students for MBA studies. Its distinctive landscapes and the social life become the major pull-factor of Indian students, which results in a vibrant and thriving day-to-day activity. Also, the UK universities offer a wide MBA courses list for students to choose from.

Canada

Canada is another preferred country for Indian students because of its affordability. According to Forbes, Canada is known for ranking top in business investments. With a strong job market and graduates from a well-respected university, Canada becomes the regular choice among Indian students for MBA education.

Australia

Another better choice for Indian students among the best countries for MBA is Australia. With over several business schools and a high quality of life, Australia is the best choice to settle-down. Also, the Australian universities provide different types of MBA courses, according to today’s ever-evolving market demand.

Germany

Germany is the best choice for students from India since the tuition fees in most of the public universities in Germany are completely free. The country offers state-of-the-art infrastructure and extensive research opportunities, which makes it the ideal place for Indian students to study the Masters in Business Administration. Moreover, many educators could teach German courses in English to attract Indian as well as international students.

Top MBA Specializations

If a student wants to study MBA abroad, the most important condition for a student would be the stream selection. After finalizing the course via careful R&D, the next step would be studying the course description and the eligibility criteria for the selected course. For enrolling as an MBA student, the common feature for all courses is writing a GMAT for MBA. So, the student, irrespective of the nationality, has to write the GMAT abroad for an overseas MBA education. Considering the necessity factor, the upcoming list highlights the in-demand, top MBA programs:

Scholarships for MBA Abroad for Indian Students

Apart from course details, another attribute that students note down is the cost of studying for MBA education. The abroad tuition fee is considerably higher compared to the home country. So, most of the students work part-time to reduce their financial burden that they’re enduring. To ease the burden, the universities provide scholarships and reduce the tuition fees. So, the following list shows the scholarships from the best countries for MBA education, country-wise:

Scholarships in The USA

• • Stanford Knight-Hennessy Scholars Program
  • Harvard Business School Scholarships
  • McKinsey Award
  • Joseph Warton Fellowship
  • Judith L. and William G. Bollinger Fellowship

Scholarships in The UK

• • Charles Wallace India Trust Scholarships
  • Chevening Scholarships
  • Commonwealth Masters Scholarships
  • GREAT Scholarships
  • Inlaks Scholarships

Scholarships in Canada

• • Ontario Graduate Scholarship Program
  • Haskayne Entrance Donor Scholarships
  • Ivey MBA Scholarships in Canada
  • Alberta MBA Scholarships
  • Rotman School of Management Scholarships

Scholarships in Australia

• • ANU MBA Scholarships
  • Curtin International Scholarships – Merit Scholarships
  • Melbourne MBA Scholarships
  • Monash International Leadership Scholarships
  • Adelaide MBA Scholarships

Scholarships in Germany

• • DAAD Scholarships
  • ESMT MBA Scholarships
  • Dean’s Excellence Scholarships
  • Women in Business Scholarships
  • Asia Scholarship

High Paying Jobs in the Best Countries for MBA Abroad

After completing MBA, there are variety of job opportunities for students with MBA graduation who done abroad. These job opportunities are not just like asylum seeking. They are high-paying white-collar jobs that most of them want to employ. So, the following shows the potential lucrative jobs for MBA grads:

MBA Salary in Abroad Per Month

The salary for an MBA graduate is subjective based on factors like location, designation, nature of office, and so on. Therefore, to provide a more comprehensive view, the following table outlines the average salary in the top countries:

Conclusion

On the whole, management education is always in demand in today’s globalized world since productivity measures the success of a country. Keeping that in mind, this blog has shown the best countries for MBA education. If you want to leapfrog your education towards abroad and don’t know where to start, start with CanApprove.

Frequently Asked Questions (FAQ)