Top 7 countries for MBA

Top 7 countries for MBA

Masters of Business Administration (MBA) is a postgraduate level program that is immensely popular among students aiming for business careers in the present times. This is because of the vast array of opportunities that it opens up for the students and the rigorous curriculum, which helps them build a strong foundation in business fundamentals. Students choose to pursue this degree. It provides them with significant international exposure, which allows them to cultivate a global perspective essential in the corporate world and contributes to their holistic development. A few factors that you need to consider before choosing an appropriate business school include: 

  • Ease of getting a Visa

  • Ranking of the business school

  • Work permit after completing your MBA

  • Immigration laws

To be eligible to pursue an MBA from abroad, the applicant needs to have a good GMAT/GRE score. These competitive exams assess the student’s analytical ability, along with quantitative aptitude and reasoning skills. Other than that, various universities have different eligibility criteria depending upon their Q.S. World University Ranking. Here is a list of the top 7 countries for MBA

1. USA

American business schools have managed to stay at the top of the student’s list in the last decade. This is mainly because the USA is home to most of the top-ranking universities that offer the best business programs. Most U.S. universities offer a full-time MBA program that takes two years to complete and cost between 180,000 and 200,000 USD. An MBA degree from the U.S. will open up many career opportunities, but it is essential to pay close attention to the admission criteria, which is very rigid. U.S. universities require a 4-year bachelor’s degree, TOEFL scores (90-110), GMAT/GRE scores, and a prior work experience of at least three years. Here is a list of top universities in USA you can refer to for choosing the best university: 

  • Harvard Business School

  • University of Pennsylvania-Wharton
  • Stanford Graduate School of Business

  • MIT-Sloan

  • Columbia Business School

  • University of Chicago-Booth

  • Northwestern University-Kellogg

  • UC Berkeley

  • Yale School of Management

  • Dartmouth College

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2. U.K.

An MBA in the U.K. usually takes a year to complete. Being a leading business Centre globally, an MBA from the U.K. has its perks, including numerous job opportunities post MBA. The entry requirements in the U.K. are a little less stringent than those in Canada and the U.S. and here is a list of top-ranking universities to choose from:

  • University of Oxford

  • University of Cambridge 

  • London School of Economics

  • University of Warwick

  • University of Bath

  • Cass

  • Imperial College

3. France

France offers internationally recognized MBA programs with unparalleled networking opportunities in the European market. The MBA takes two years to complete and the students after often recruited by top french corporations associated with these universities. A major plus point is that most of the top business schools have multiple branches all over Europe, thus enabling them to make the best of his/her international experience. The top universities in France include the following: 

  • HEC

  • INSEAD

  • ESSEC

  • ESCP

  • EMLYON

  • EDHEC  

4. Canada

Canadian universities offer a two-year MBA program and the cost is comparatively less compared to the U.S. universities. However, the admission criterion is very stringent and requires a minimum score of 76% in your bachelors, a score of 7.0 in IELTS and 3-5 years of prior work experience. You can choose one from the below-mentioned top-ranking universities, depending upon your requirements: 

  • Rotman School of Management

  • McGill University 

  • Robert H. Business School

  • Ivey Business School

  • Schulich School of Business

  • Sauder School of Business

  • Alberta School of Business

5. Australia

The University of Australia offers an internationally recognized MBA degree. It attracts a lot of students due to a wide variety of specializations. Apart from this, favorable visa policies are an added benefit for international students. Although the MBA cost in Australia has escalated in the last 2-3 years, certain universities still offer the course at a feasible rate. Here is a list of top Australian Universities for an MBA:

  • Melbourne Business School

  • UNSW 

  • Monash Business School

  • University of Queensland

  • Macquarie Business School 

6. Germany

Germany is now becoming a hotspot for students due to its business schools grabbing attention with the best features for the MBA programs. Another factor for its growing popularity is the cost-effectiveness of pursuing higher education. Here is the list of some of the best MBA colleges in Germany: 

  • Mannheim Business School

  • Frankfurt School of Finance and Management

  • WHU-Otto Beisheim Graduate School of Management

  • European School of Management & Technology (ESMT)

  • HHL Leipzig Graduate School of Management

  • European Business School

  • Munich Business School

  • Technical University Munich

7. Singapore

Singapore attracts many students as it offers an affordable education and has a robust economy. This provides them with ample job opportunities after pursuing their education. It also gives the students an option to either take the conventional route that is more focused on general management or opt for a specialized MBA program that is more niche-specific. Top MBA universities in Singapore include the following: 

  • National University of Singapore

  • The NUS MBA

  • Nanyang Technological University

  • SP Jain School of Global Management

  • Master of Global Business

  • James Cook University

Before coming to a conclusion and choosing a business school, you need to thoroughly weigh the pros and cons of studying your chosen course in a particular country. The next step will be to go through all the schools of that country’s eligibility criteria and consider particular factors such as cost, ranking, and curriculum, to name a few. Your core values must align with that of the school that you choose for your MBA program. Selecting a school that is a perfect fit for you is crucial to accelerate your growth. This will ensure that you excel in your choice niche.

Author Bio: Abhyank Srinet is a passionate digital entrepreneur who holds a Masters in Management degree from ESCP Europe. He started his first company while he was still studying at ESCP and managed to scale it up by 400% in just 2 years. Being a B-School Alumni, he recognized the need for a one-stop solution for B-School to get in touch with schools and get their application queries resolved. This prompted him to create MiM-Essay, a one-of-a-kind portal with cutting edge profile evaluation and school selection algorithms, along with several avenues to stay informed about the latest B-School Updates.

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