Know about the MBA course in the United States of America

  • The Master of Business Administration or MBA program is recognized internationally and prepares students for industrial-level jobs. The MBA course focuses on developing a student’s soft skills such as leadership, empathy, and interpersonal skills. Getting a professional degree increases one’s chances of recruitments. More than 2000+ MBA degrees are offered globally.
  • The United States is a global hub of education for international students wherein thousands of applicants apply for admissions to various MBA courses every year. Some of the popular fields for specializations in an MBA course include Finance Leadership, International Management, Consulting, Technology Management, Entrepreneurship, and more. 

Read on to discover all the important details about pursuing MBA courses in the USA. 

MBA Course in USA Eligibility 

Candidates need to take the following entrance exams to qualify for admissions into MBA programs in the USA:

  •  Graduate Management Admission Test (GMAT)
  •  International English Language Testing System (IELTS) & or Test of English as a Foreign Language (TOEFL)
  •  International English Language Testing System (IELTS) & or Test of English as a Foreign Language (TOEFL)

 

The exam pattern of TOEFL and IELTS has four modules. These are reading, listening, speaking, and writing. Candidates need to have secured a minimum score of 6.5 and an overall score of 80+ to be eligible for admissions in MBA courses in the USA. 

Top Universities in the USA have high score expectations for these entrance exams. This is 100 for TOEFL and 7.5 overall for IELTS.

MBA Course in USA Intake and Application Deadlines 

The universities in the USA recruit students to its various MBA programs in three intakes throughout the year- Fall, Spring, and Summer.

  • The Fall semester lasts between September – December
  • Spring Semester lasts between January – May
  • Summer semesters last between June – August

MBA in USA Duration

  • An MBA course in the USA lasts for a duration of 1 year – 24 months, depending upon the type of MBA program you have opted for. 

MBA in USA Fees 

  • The fee for pursuing an MBA course depends upon the type of MBA degree one has opted for and the university from where they are pursuing their degree. However, on average the cost of pursuing a degree from a university in the USA ranges between $50,000 to $75,000.

International candidates can apply for various scholarships that are offered by the B-Grade schools in the USA

MBA in USA Types

Check out the different types of MBA programs in the USA:

  •  General MBA helps candidates make a good corporate start by helping them harness a fast-track career into a management role. This course is for 1-2 years. 
  • Executive is taken by professionals with considerable work experience who wish to advance their career and prepare for C-level jobs.
  • Specialist MBA is taken by candidates with managerial experience who wish to gain promotion in their jobs.
  •  Distance learning MBA is taken by candidates who are unable to attend full-time courses and those who seek cost-effective alternatives

 MBA in USA Top B-Schools 

The number of B-schools in the world is highest in the USA. These educational institutes provide quality education, faculty experience, research, limitless internships, and job opportunities. The list of top B-grade schools in the USA according to QS Global MBA Rankings 2021 are as follows:

InstituteGlobal RankMBA Course DurationGMAT Score AverageFees (USD)
Stanford Graduate School of Business121 months730$110k-$130k
Penn, The Wharton School221 months730>$120k
MIT Sloan School of Management324 months728>$120K
Harvard Business School4120 months730>$120K
Columbia Business School820 months690-760>$127k

MBA in USA Salary

The salary range for each graduate depends upon the type of job they do, and most times, the university from where they have graduated doesn’t determine the amount they’ll receive from their job. However, here’s a rough estimated salary range (by the QS Global Best Business Schools rankings) for graduates who have obtained their MBA degrees from top universities in the United States:

B-SchoolAverage Salary
Stanford University$152,503
The Wharton School$150,000
University of Chicago$145,000
Harvard University$148,750
Yale University$130,000
Columbia University$150,000
Massachusetts Institute of Technology$140,000
Walter A. Haas School of Business, University of California—Berkeley$137,819
M. Ross School of Business, University of Michigan$129,197
Kellogg School of Management, North-western University$121,516

Top Career Field Post MBA 

List of top industries that recruit MBA graduates: 

  • Data Analytics
  • Technology
  • Consulting
  • Medical and health services
  • Finance
  • Investment Banking

Post-Graduation Career Options

The F1 visa grants international MBA graduates to stay for 60 days after one has completed their degree. To extend one’s stay in the USA after the 60-day allotment, they have to apply for one of these visas: 

  • Optional Practical Training (OPT) where students receive temporary employment for 12 months. 
  • STEM (Science, Technology, Engineering, Mathematics) where students can get a 24-month stay in the USA. However, this is only applicable after one’s OPT has expired.  
  • Post-completion OPT allows one to work full-time or part-time after their OPT has expired. It allows one to work and stay in the US for 12-months.  
  • The H-1B visa, an employment-based visa. One can transfer their F1 Visa to a Hi-B visa if their employer is willing to sponsor. With is visa, foreign nationals can stay and work in the US for 6 years. 

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