Highlights:
- Top MBA colleges in USA with low fees include names like University of South Dakota, Cameron University, Worcester State University
- Average annual cost of MBA in USA is in the range of USD 58,597-84,941 (INR 48,31,000-70,02,000)
- Score requirements include students having a GPA of 3.0-3.5 out of 4.0 scale
- Top recruiters for MBA students include Amazon, Google, IBM, Deloitte, Accenture
- Average annual salary of USD 1,58,400 (INR 130,60,998) of MBA graduates in USA
MBA fees in USA ranges from USD 58,597-84,941 (INR 48,31,000-70,02,000) on a yearly basis for an international student. An international student's minimum requirement for pursuing an MBA in USA is a GPA of 3.0-3.5 out of 4.0 scale. University of South Dakota, Cameron University, Worcester State University, etc. are some top MBA colleges in USA with low fees. Other top MBA colleges include names like Stanford University, Wharton, Harvard Business School, MIT, etc. The program of MBA in USA being expensive, there are plenty of reasons for international students for opting the program. In spite of costly MBA fees in USA, the program is well accredited with better earning opportunities. The average annual salary of international MBA graduates is USD 1,58,400 (INR 130,60,998). Top recruiters like Amazon, Google, IBM, Deloitte, Accenture, etc. hire MBA graduates. An international graduate can grow a new network, and can also start a new business after studying MBA in USA. The majority of application deadlines fall between March and May for fall admissions and October to December for spring admissions, though they can vary.
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Table of Content |
Top MBA Colleges in USA with Fees
The whole cost of attending prestigious business schools like Harvard, Stanford, and Wharton can reach USD 250,000 (INR 2.03 Crore). Though they can vary, most application deadlines are in the range of October to December for spring admissions and March to May for fall admissions. It is imperative to confirm the deadlines for each program and send applications well in advance.International students can check the below-mentioned table of top MBA colleges offering all kinds of MBA courses including STEM MBA in USA with fees along with application deadlines and entry requirements:
| Universities | MBA fees in USA for Indian Students | Application Deadlines | Application Fee | Entry Requirements |
|---|---|---|---|---|
| Stanford Graduate School of Business (Stanford University) | USD 79,860 (INR 65,84,656) per year | September 12, 2024 | USD 275 (INR 22,674) | TOEFL: 100 IELTS: 7.0 PTE: 68 GMAT: 737 GRE: 164 (verbal) and 163 (quantitative) |
| Harvard Business School | USD 74,910 (INR 61,76,516) per year | September 06, 2024 | USD 250 (INR 20,613) | TOEFL: 109 IELTS: 7.5 PTE: 75 Duolingo English Test: 130 GMAT: 540-790 GRE: 147-170 (verbal) and 150-170 (quantitative) |
| The Wharton School (University of Pennsylvania) | First-year tuition fees: USD 87,370 (INR 72,03,874) Second-year tuition fees: USD 85,370 (INR 70,38m969) |
March 29, 2024 (closed) | USD 275 (INR 22,674) | TOEFL: 100 IELTS: 7.5 Duolingo English Test: 120 GMAT: 733 GRE: 162 (both for verbal and quantitative) |
| Massachusetts Institute of Technology (Sloan School of Management) | USD 82,000 (INR 67,61,105) per year- Also charged mandatory USD 2,200 (INR 1,81,395) per year Sloan program fee | The application for August 2024 entry will open in July 2023. | USD 250 (INR 20,613) | TOEFL: 90 IELTS: 7.0 GMAT: 710 GRE: 161-169 (quantitative) and 151-167 (verbal) |
| Columbia Business School (University of Columbia) | USD 84,496 (INR 69,66,906) per year | September 13, 2024 | USD 250 (INR 20,613) | TOEFL: 100 IELTS: 7.5 GMAT: 550–780 |
| University of California, Berkeley (Haas School of Business) | USD 76,433 (INR 63,02,091) | September 14, 2024 | USD 200 (INR 16,490) | TOEFL 90 IELTS: 7.0 GMAT: 729 GRE: 161 (verbal) and 163 (quantitative) |
| University of Chicago (Chicago Booth) | USD 80,961 (INR 66,75,436) per year | September 21, 2024 | USD 250 (INR 20,613) | TOEFL: 104 IELTS: 7.0 PTE: 70 Duolingo English Test: 130 GMAT: 600-780 GRE: 164 (quantitative) and 163 (verbal) |
| University of California, Los Angeles (Anderson School of Management) | USD 74,624 (INR 61,52,935) per year | April 12, 2024 | USD 200 (INR 16,490) | TOEFL: 100 IELTS: 7.5 GMAT: 735 GRE: 167 (quantitative) and 162 (verbal) |
| Kellogg School of Management (Northwestern University) | One-year MBA fees: USD 1,08,016 (INR 89,06,189) Two-year MBA fees: USD 78,276 (INR 64,54,051) |
April 5, 2024 | USD 250 (INR 20,613) | TOEFL: 104 IELTS: 7.0 GMAT: 620-780 GRE: 163 (quantitative) and 162 (verbal) |
| Yale University (Yale School of Management) | USD 82,000 (INR 67,61,105) per year | April 11, 2024 | Standard application fee: USD 250 (INR 20,613) Applicants earning less than USD 30,000 (INR 24,73,575): USD 175 (INR 14,429) Applicants earning less than USD 15,000: USD 125 (INR 10,306) |
TOEFL: 101 IELTS: 7.0 GMAT: 690-760 GRE: 166 (quantitative) and 164 (verbal) |
| New York University (Stern School of Business) | USD 82,326 (INR 67,87,984) per year | September 18, 2024 | USD 250 (INR 20,613) | TOEFL: 100 IELTS: 7.0 Duolingo English Test: 120 GMAT: 640-733 GRE: 163 (quantitative) and 162 (verbal) |
| University of Michigan, Ann Arbor (Ross School of Business) | USD 73,196 (INR 60,35,193) per year | May 1, 2024 | USD 200 (INR 16,490) | TOEFL: 100 IELTS: 7.0 PTE: 70 GMAT: 720 GRE: 160 (for both quantitative and verbal) |
| Duke University (Fuqua School of Business) | USD 75,000 (INR 61,83,937) per year | September 7, 2024 | USD 225 (INR 18,551) | TOEFL: 90 IELTS: 7.0 Duolingo English Test: 125 GMAT: 680-760 GRE: 318 (combined quantitative and verbal scores) |
| Cornell University (Johnson College of Business) | Two-year MBA: USD 79,910 (INR 65,88,779) Cornell Tech MBA: USD 80,678 (INR 66,52,102) |
April 11, 2024 March 7, 2024: One-year Johnson Cornell Tech MBA |
USD 200 (INR 16,490) | TOEFL: 100 IELTS: 7.0 GMAT: 660-760 |
| Boston University (Questrom School of Business) | USD 63,798 (INR 52,60,304) per year | March 15, 2024 | USD 125 (INR 10,306) | TOEFL: 90 IELTS: 6.5 Duolingo English Test: 110 GMAT: 640-730 GRE: 314 (combined quantitative and verbal scores) |
Top MBA Colleges in USA with Low Fees
Choosing an MBA program requires careful consideration of your career objectives. Select a course of study that is provided by a respectable university and will assist you in reaching your objectives. You may be able to haggle over the tuition once you've been admitted to an MBA program. This is particularly valid if you have received acceptance from several programs. The cheapest MBA in USA for international students at some popular universities along with application deadlines and application fees are tabulated below:
| Universities | MBA in USA for Indian Students Fees | Application Deadlines | US MBA Fees for Application | Entry Requirements |
|---|---|---|---|---|
| University of South Dakota | USD 12,768 (INR 10,52,753) per year | October 15, 2024 | USD 35 (INR 2,885) | TOEFL: 79 IELTS: 6.0 PTE: 53 Duolingo English Test: 105 GMAT: 530 GRE: 306 (combined quantitative and verbal scores) |
| Cameron University | USD 11,484 (INR 9,46,884) per year | April 1, 2024 | USD 20 (INR 1,649) | TOEFL: 61 IELTS: 5.5 GMAT: 500 |
| Southeast Missouri State University | USD 12,645 (INR 10,42,611) per year | Fall: July 1, 2024 Spring: November 1, 2024 | USD 60 (INR 4,947) | TOEFL: 79 IELTS: 6.0 PTE: 53 Duolingo English Test: 110 GMAT: 500 GRE: 144 (for borth quantitative and verbal sections) |
| Central Michigan University | USD 13,860 (INR 11,42,791) per year | October 1, 2024 | USD 50 (INR 4,122) | TOEFL: 79 IELTS: 6.5 PTE: 53 Duolingo English Test: 100 GMAT: 500 |
| Worcester State University | USD 8,462 (INR 6,97,713) per year | Fall: June 15, 2024 Spring: November 1, 2024 | USD 50 (INR 4,122) | TOEFL: 79 IELTS: 6.5 PTE: 59 Duolingo English Test: 100 GMAT or GRE: Top 50% |
| Minnesota State University | USD 14,068 (INR 11,59,941) per year | October 1, 2024 | USD 40 (INR 3,298) | TOEFL: 61 IELTS: 6.0 GMAT: 500 GRE: 155 (quantitative) |
| University of Buffalo | USD 12,195 (INR 10,05,508) for four semesters | April 15, 2024 | USD 100 (INR 8,245) | TOEFL: 79 IELTS: 6.5 PTE: 55 Duolingo English Test: 120 GMAT: 30th percentile on any section GRE: 152 (for both verbal and quantitative sections) |
| San Francisco State University | USD 35,000 (INR 28,85,837) per year | October 15, 2024 | USD 70 (INR 5,771) | TOEFL: 80 IELTS: 6.5 PTE: 59 Duolingo English Test: 120 GMAT: 500 GRE: 325 (combined quantitative and verbal scores) |
| Missouri State University | USD 27,850 (INR 22,96,302) per year | Summer 2024: June 9, 2024 Fall 2024: August 18, 2024 |
USD 60 (INR 4,947) | TOEFL: 79 IELTS: 6.0 PTE: 53 GMAT: 560 GRE: 290 (combined quantitative and verbal scores) |
| Lamar University | USD 14,400 (INR 11,87,316) | Fall: July 1, 2024 Spring: December 1, 2024 |
USD 75 (INR 6,183) | TOEFL: 71-79 IELTS: 6.0-6.5 PTE: 50-58 Duolingo English Test: 95-105 GMAt: 450 GRE: 160 (quantitative) |
MBA in USA Cost of Attendance
Applicants with an MBA in USA can be able to pay for your MBA education with student loans. However, before depending entirely on loans, be aware of the debt you accrue and look into scholarship opportunities. State residents frequently receive reduced tuition rates at public universities. Find scholarships and grants, then apply to lower your out-of-pocket expenses, as these are some of the biggest benefits of studying in USA. MBA programs offered online or on a part-time basis may be less expensive than full-time programs, but they might also take longer to finish. The US has a varied cost of living, as opposed to a more fixed MBA fees in USA. Examine colleges located in areas where living expenses are lower.An estimated cost breakdown of an international student for studying MBA in USA per year is tabulated below:
Certain universities give MBA students-only merit-based scholarships. Financial aid based on need may also be available to U.S. citizens and permanent residents. International applicants should look into the scholarships that their selected university offers. The ROI (return on investment) associated with an MBA can be high. Increased pay and better career prospects are common outcomes for MBA graduates. The ROI, however, varies based on the program you choose and your individual career goals. Candidates can check the above-mentioned score requirements, application fees, deadlines, and MBA fees in USA.
FAQs
Ques: How much does MBA cost in USA?
Ans: The tuition fee of the MBA program in USA for an international student ranges from USD 58,597-84,941 (INR 48,31,000-70,02,000) per year.
Ques: Is MBA in the US worth it?
Ans: The career and job opportunities are the main reasons for choosing the MBA program to study in USA.
Ques: Is Indian MBA valid in USA?
Ans: Completing MBA program from some best institutes in India is valid in USA.
Ques: Is it difficult to do MBA in USA?
Ans: An international graduate requires a minimum of 3.5-3.7 of GPA out of 4.0 for studying MBA in USA.
Ques: Which is the cheapest MBA college in USA?
Ans: Cameron University, Worcester University, etc. are some popular USA universities offering MBA in less tuition fees.
Ques: What is the fees for Harvard MBA in Indian rupees?
Ans: The MBA cost in USA for Indian students at Harvard Business School is USD 74,910 (INR 61,76,516) per year.
Ques: Can one get job in USA after MBA in India?
Ans: An international MBA graduate from an Indian university can reside and work in USA by the means of H-1B visa.
Ques: Is it possible to get a job in USA after MBA?
Ans: International graduates are usually placed in top organizations like Microsoft, Amazon, Accenture, Google, Deloitte, Cognizant Technologies, etc.
Ques: Which MBA is most demanded in USA?
Ans: MBA in Finance is one of the most demanded curriculum to study in USA.
Ques: What is the salary of MBA fresher in USA?
Ans: The average pay scale after studying MBA in USA for an international fresher student is USD 1,15,000 (INR 94,82,037) per year.
Ques: Are there opportunities for paid internships or co-op programs during MBA studies?
Ans: Cooperative education and paid internships are common in MBA programs, giving students both financial assistance and invaluable work experience.
Ques: Can students work part-time while pursuing an MBA to offset some of the costs?
Ans: Absolutely, working part-time during your studies as an MBA student can help pay living expenses and minimize the need for loans.
Ques: Do MBA programs in the USA offer payment plans or installment options for tuition?
Ans: In order to assist students in managing their tuition payments, several universities offer installment plans or payment plans.
Ques: Are there differences in MBA tuition fees based on the program's specialization or concentration?
Ans: The concentration and elective courses selected may result in slightly different tuition costs for some specialized MBA programs.
Ques: Can international students apply for financial aid or scholarships for MBA programs in the USA?
Ans: Indeed, a number of colleges provide scholarships and financial aid especially to foreign students pursuing MBAs.
Ques: What is the typical duration of an MBA program, and how does it impact the total cost?
Ans: Executive or part-time MBA programs may run longer than two years, which could impact the total cost. Full-time MBA programs typically last two years.
Ques: Do MBA programs in the USA offer scholarships or financial aid to students?
Ans: Scholarships, grants, fellowships, and assistantships are provided by numerous MBA programs on the basis of merit, need, and diversity.
Ques: Are there additional expenses besides tuition that MBA students should consider?
Ans: Yes, there may be additional costs for housing, food, transportation, health insurance, textbooks, course materials, and personal expenses.
Ques: Do tuition fees vary between public and private universities for MBA programs?
Ans: Indeed, in-state students at public universities frequently pay less in tuition than out-of-state and foreign students. Tuition at private universities is typically more expensive.
Ques: What is the average cost of an MBA program in the USA?
Ans: Depending on the school and program type, the average annual cost of an MBA program in the USA ranges from USD 40,000 to USD 150,000.
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