Top MBA Universities in USA

Top MBA Universities in USA

bog
Tn AryalMon Dec 20 2021

Regardless of the academic background of the students, MBA has a separate demand and craze amongst students. 

Due to the availability of countless specialisations- covering almost every field from engineering to supply chain management, healthcare to Information Technology, Finance to Human Resource Management- MBA is suitable for students of any base. 

The USA is one of the best countries in the world to earn a Master of Business Administration degree. 

Getting a degree from Top MBA Universities in the USA will help you get competitive jobs in multinational companies. Graduates of such universities are also approached by the top recruiters to offer placements. 

Best MBA Colleges in USA for International Students

The United States houses some of the top business schools in the world. This is one of the reasons behind the immense popularity of the USA among MBA aspirants. 

Global QS 2022 RankingS

University

Location

1

Stanford Graduate School of Business (Stanford University)

Stanford, CA

=2

Harvard Business School (Harvard University)

Boston, MA

=2

University of Pennsylvania (Wharton)

Philadelphia, PA

4

MIT (Sloan)

Cambridge, MA

5

Columbia Business School (Columbia University)

New York, NY

6

UC Berkeley (Haas)

Berkeley, CA

7

University of Chicago (Booth)

Chicago, IL

8

University of California Los Angeles (UCLA) Anderson

Los Angeles, CA

9

Northwestern University (Kellogg)

Evanston, IL

10

Yale School of Management (Yale University)

New Haven, CT

11

New York University- NYU (Stern)

New York, NY

12

University of Michigan (Ross)

Ann Arbor, MI

13

Duke University (Fuqua)

Durham, NC

14

Cornell University (Johnson)

Ithaca, PY

15

Boston (Questron)

Boston, MA

Top MBA Colleges in USA with fees

In the table below, you will see the U.S. News MBA Rankings and the approximate tuition fees per year. 

Ranking

University

Approximate Annual MBA tuition fees

1

Stanford University

74,706

2

University of Pennsylvania

80,432

3

University of Chicago

73,440

4

Northwestern University

74.871

5

Harvard University

73,440

6

Massachusetts Institute of Technology

77,168

7

Columbia University

77,376

7

University of California- Berkeley (HAAS)

68,444

9

Yale University

72,350

10

Dartmouth College (Tuck)

77,620

Top MBA Universities in USA: Eligibility Criteria

Application Requirements

  • Intermediate level and Bachelor level transcript, provisional and character certificate. 
  • 10th level mark sheet and character certificate
  • Application fees (USD 75- 250)
  • English proficiency certificates
  • Statement of Purpose
  • 2-3 Letter of Recommendations
  • GRE/GMAT Scores (Mandatory application requirements)
  • Solid proof of Experience (2-3 years minimum, for the executive MBA program, even longer scholarships are required.)
  • Proof of scholarship if any
  • Extra requirements like video essays, interviews, written essays etc. 

Academic Requirements

  • Candidates who are applying need to have a bachelor degree in a relevant field such as business, management, analytics etc with a minimum GPA of 3.0- 3.6. 
  • For enrollment in most MBA programs, applicants need 3-5 years of extensive managerial experience. 
  • GMAT scores or equivalent GRE Scores are asked by most universities in the USA. 

English Language Requirements

The minimum English test scores might differ based on universities, routes and courses. Nevertheless, this is what it will look like for most US universities. 

  • IELTS: An overall score of 6.5 to 7.5 with no less than 6.0-7.0 in each band. 
  • TOEFL: An overall score of 88 to 110 with no scores less than 20-25. 
  • PTE: An overall score of 60 to 75 with a minimum of 58 in each band. 

GRE/GMAT Scores

Most of the best business schools ask for GMAT/GRE Scores as mandatory entry requirements. While some universities explicitly mention the cut-off GMAT Scores that they accept, this is not the case for all business universities in the USA. 

In a nutshell, this is the average GRE/GMAT score in the business schools class of US universities. 

Business School

Average GMAT Score

Stanford Graduate School of Business

733

Harvard Business School

725

Wharton (UPenn)

732

Chicago Booth

726

MIT Sloan

716

Columbia University

715

UC Berkeley Haas

715

UCLA Anderson

713

For more information on GMAT Exams like “How to register for GMAT Exam?” GMAT Exam fees and more, Check out this article “GMAT Exams”. If you are inclined towards GRE, you can click here to know everything about the GRE Exams

Top MBA Universities in USA: Scholarships

Vividly, the USA has an advantage when it comes to business schools. But the MBA Course can be exceedingly expensive. This can discourage students from financially challenged backgrounds from pursuing MBA degrees at US Institutes. 

Luckily, the US offers generous scholarships if you have academic merit- excellent academic scores, GRE/GMAT Scores, experience etc. 

Take a look at the table below for information on this. 

University

Scholarships

Scholarship Information

Harvard University

MBA Scholarships in the USA

Full funding

NYU Stern School of Business

William R. Berkeley Scholarships in US

Full funding

SMU Cox School of Business

SMU Cox Distinguished MBA Scholarship

Up to 100% tuition fee waiver

University of Pennsylvania

Onsi Sawiris Masters Scholarships In US, 2021

Full funding

Harvard University

Royal Academy Of Engineering - Sainsbury Management Fellowships

Up to full tuition fees waiver

Stanford Graduate School of Business

Royal Academy Of Engineering - Sainsbury Management Fellowships

Up to full tuition fees waiver

Booth School of Business

Royal Academy Of Engineering - Sainsbury Management Fellowships

Up to full tuition fees waiver

Rotterdam School of Management (RSM)

Royal Academy Of Engineering - Sainsbury Management Fellowships

Up to full tuition fees waiver

Wharton School 

Royal Academy Of Engineering - Sainsbury Management Fellowships

Up to full tuition fees waiver

MIT Sloan School of Management

Royal Academy Of Engineering - Sainsbury Management Fellowships

Up to full tuition fees waiver

Columbia Business School

Royal Academy Of Engineering - Sainsbury Management Fellowships

Up to full tuition fees waiver

Haas School of Business

Haas School of Business Fellowships, 2017

Partial funding

Top MBA Universities in USA: Scope and Career Opportunities

MBA graduates can find career scope in a number of areas including: 

  • General Management
  • Finance
  • Information Technology
  • Technology/ Innovation Management
  • Human Resource Management
  • Marketing
  • Project Management
  • Supply Chain Management

Job Title

Range

Average

Project Manager, (Unspecified Type / General)

$60k - $123k

$86,312

Chief Financial Officer (CFO)

$94k - $240k

$152,838

Senior Financial Analyst

$67k - $108k

$85,123

Human Resources (HR) Manager

$53k - $100k

$73,227

Financial Analyst

$51k - $88k

$65,908

Financial Controller

$64k - $133k

$92,508

Operations Manager

$54k - $121k

$81,607

Marketing Director

$69k - $167k

$115,482

Director of Operations

$69k - $169k

$110,347

Marketing Manager

$53k - $121k

$79,963

Human Resources (HR) Director

$61k - $141k

$93,266

Senior Accountant

$56k - $87k

$69,965

Finance Director

$77k - $169k

$127,673

Finance Manager

$72k - $129k

$103,688

 

Related Posts :

blog

What is TOEFL?

Test of English as a Foreign Language (TOEFL) assesses your English ability in terms of reading, speaking, listening and writing where both your ability to speak and understand English are evaluated.
Aditee NeupaneSun Mar 07 2021
blog

Education in the USA

Flexibility is what the US higher education system offers through the enormous and diverse institution types it incorporates. This diversity leads you to options to specialize in a range of academic d
Ramala BhandariTue Mar 09 2021