Many candidates can choose to move abroad to pursue an MBA degree which offers them global exposure, top-class education, and an international network. The top B-schools worldwide are known for their rigorous academic programs, innovative teaching methods, and exposure to global markets. The average tuition for an MBA abroad can range anywhere from 70 Lacs to above 1 Cr.
Further getting an MBA from the top business schools abroad may require you to ace the GMAT exam. Thus, start your GMAT coaching as early as possible, so as to prepare well and achieve a great score on the test.
MBA in Abroad – Top Universities, Courses, Cost
Here is the list of top MBA programs in the world that students can consider to pursue an international degree:
| Ranking | University | Location | Fees (INR) (2 years) |
| 1 | Wharton, University of Pennsylvania | Philadelphia, USA | INR 2,13,44,313 |
| 2 | Stanford Graduate School of Business | Stanford, USA | INR 1,80,80,493 |
| 3 | Harvard Business School | Boston, USA | INR 2,10,81,758 |
| 4 | London Business School | London, UK | INR 1,26,91,400 |
| 5 | HEC Paris | Paris, France | INR 1,14,20,514 |
| 6 | MIT Sloan | Cambridge, USA | INR 78,43,031+(Depends on Programme) |
| 7 | INSEAD | Fontainebleau, France / Singapore | INR 92,51,709 |
| 8 | Booth, University of Chicago | Chicago, USA | INR 1,41,42,468 |
| 9 | Columbia Business School | New York, USA | INR 2,13,41,398 |
| 10 | Kellogg, Northwestern University | Evanston, USA | INR 1,05,13,965 |
Top MBA Universities
The following universities are globally recognized B-schools that provide world-class education, combining academic excellence with real-world experience. These universities are renowned for their meticulous programs, distinguished faculty, and strong alumni networks, offering students the best of opportunities for career advancement.
Wharton, University of Pennsylvania
Currently ranking as no. 1 MBA school in the world, The Wharton School at UPenn in the USA has provided quality education in the management sphere for more than 135 years. Wharton provides more than 5 types of MBA degrees. The application requirement includes Graduation degree, GMAT/GRE Score, English Language test Score, Resume, Essays, and two Letter of Recommendation. While there is no set minimum or maximum work experience requirement for applying to the program, the average work experience of the class is 5 years.
The average GMAT score for Wharton is 728.
Stanford Graduate School of Business
With an acceptance rate of only 6%, located in Stanford, California, GSB Stanford is one of the top B-schools in the world known for its highly competitive full-time, two-year MBA program. Applicants are evaluated on the basis of their academic performance, essays, test scores, letters of recommendation, work experience, and interview.
The average work experience at GBS is 5 years while the average GMAT score is 738.
Harvard Business School
Located in Boston USA, Harvard is a private Ivy League research university known to all for its top class education and eminent alumni and is a dream for many. With an acceptance rate of only 12%, the Harvard Business School provides a two year full time MBA program in general management. To apply to Harvard Business School, candidates will need to submit Graduation Transcripts, GMAT/GRE Score, English Language test Score, Resume, Essays, and two Letter of Recommendation. While there is no minimum GMAT cutoff to apply, the score ranges from 500-790 The average work experience is 4.9 years at Harvard.
As you can see that high GMAT scores are required, so as to get admitted in the prestigious universities, Thus, make sure you’re regularly taking the GMAT practice tests, in order to score well on the main exam.
London Business School
Founded in 1964, located in London, LBS is one of the top business schools in the world, ranking on no 8 by Financial Times. LBS provides one year and two year MBA options at London campus which the candidates will have to attend in person. The application requirement includes a University transcript, GMAT/GRE test score, English Language test Score Essays, and two Letter of Recommendation and a CV. The class size of MBA cohort 2025 is 487 students. The average amount of work experience is 5.5 years.
HEC Paris
HEC Paris is one of the world’s leading business schools, renowned for its rigorous academic programs, global influence and strong alumni network. Established in 1881, HEC Paris offers its prestigious MBA to students from all corners of the globe. The acceptance rate is 8%. The application requirement includes Graduation degree, GMAT/GRE Score, English Language test Score, Resume, Essays, and two Letter of Recommendation. The average amount of work experience is 6 years.
MIT Sloan
Part of the Massachusetts Institute of Technology, MIT Sloan School of Management is world-renowned for its focus on innovation, research, and practical problem-solving. With a commitment to developing principled leaders who make a positive impact, MIT Sloan offers its prestigious MBA which qualifies as a STEM-designated program. To apply to MIT Sloan, candidates will need to submit Cover Letter, Video Questions, Graduation Transcripts, GMAT/GRE Score, English Language test Score, Resume, and Letter of Recommendation. The average amount of work experience is 4 years.
INSEAD
Founded in 1957, INSEAD is a non-profit graduate business school with campuses in France, Singapore, and the United Arab Emirates and is one of the world’s leading graduate business schools. Known for its global outlook, diverse student body, and focus on leadership and innovation, INSEAD offers its full-time 10-month MBA program to early to mid professionals. the application requirements include Graduation Transcripts, GMAT/GRE Score, English Language test Score, Resume, and Letter of Recommendation.
Chicago Booth
The University of Chicago Booth School of Business is located in Illinois, Chicago USA and is a globally recognized leader in business education. Chicago Booth offers 4 management programs, namely Full-Time MBA, Evening MBA, Weekend MBA, and the global Executive MBA Program. The full time MBA is a 21 months duration program and application requirements include Graduation Transcripts, GMAT/GRE Score, English Language test Score, Resume, and Letter of Recommendation.
The average amount of work experience is 5 years while the average GMAT score is 728.
Columbia Business School
Established in 1916 as a part of Ivy League, Columbia Business School is a world-renowned business school recognized for its top class education in finance, entrepreneurship, and leadership. The three MBA formats offered include: Full time MBA, MBA Dual Degrees and Executive MBA. To apply for CBS, the candidates need to submit their Graduation Transcripts, GMAT/GRE Score, English Language test Score, Resume, and Letter of Recommendation.
The average amount of work experience is 5 years while the average GMAT score is 730.
Kellogg, Northwestern University
The Kellogg School of Management at Northwestern University is a top-ranked business school offering MBA degrees with a major in Accounting, Economics, Finance, Management Analytics, Managing Organizations, Marketing, Operations, and Strategy. The average amount of work experience is 5 years while the average GMAT score is 730. The application requirement includes a University transcript, GMAT/GRE test score, English Language test Score Essays, and two Letter of Recommendation and a CV.
FAQs
Which country is best for MBA abroad?
The USA has the highest number of top universities including the prominent Ivy League. Other countries that offer quality MBA degrees include the UK, France, Canada, Germany.
How much does it cost to do an MBA abroad?
Candidates looking forward to pursuing MBA from USA & UK from a top private university can expect the tuition anywhere between 70 Lakhs to over 1 Cr.
Is GMAT compulsory for MBA abroad?
While some universities have waived GMAT requirements to involve a more holistic approach, almost all universities favor candidates with a strong GMAT score. The average GMAT score for top universities is around 730.
Is work experience compulsory for MBA abroad?
The average work experience at top universities is 4 to 6 years. While most universities prefer candidates with prominent work experience, some candidates can get admitted even with experience as low as 1 year given they have qualitative relevant work experience.
