MBA Abroad is considered as one of the best options for those individuals who are looking to study management in a different country. Basically, there are few popular countries for doing Master of Business Administration (MBA) i.e. United Kingdom, Germany, Canada, France and Italy etc. Fees for MBA ranges between Rs. 80,00,000 to 1 crore. Furthermore, individuals also have the option of getting financial benefits through various MBA scholarships, Loans, Institute specific scholarships.
MBA Admission process is conducted through the GMAT and GRE scores and performance in the language proficiency tests such as TOEFL, IELTS. Other eligibility criteria include: bachelor’s degree with minimum 55% as aggregate score in business management or any relevant field. Furthermore, An individual should also have work experience of 3 to 5 years.
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MBA Abroad: Course Details
Particulars | Details |
MBA full form | Master of Business Administration |
MBA eligibility criteria | Completed GMAT and GRE scores and performance in the language proficiency tests such as TOEFL, IELTS.Other eligibility criteria include bachelor’s degree with minimum 55% as aggregate score in business management or any relevant field. An individual should also have work experience of 3 to 5 years. |
Best countries to study MBA | United States of America, United Kingdom, Canada, Australia, Germany |
MBA fee’s structure | RS. 80,00,000 to 1 Crore |
MBA abroad specialization | Finance, Marketing, Human Resource, Data Analytics, International Business |
Why to Study MBA Abroad?
Further, MBA colleges in abroad provide various MBA specializations. An individual can pursue various kinds of specializations full time, part time online and distance mode.
Further, MBA curriculum is designed in such a way that it focuses more on practical learning and applications. Thus, Individual required very minimum time to prepare for the MBA abroad.
Further, MBA scope is very diverse, it offers the opportunity to work with companies globally.
Furthermore, MBA fees are very high which ranges from 80 lakhs to 1 crore.
MBA Abroad: MBA Admission Process
- MBA Admission Process is based on the entrance exams i.e. GMAT, TOEFL, and IELTS scores.
- Furthermore, for pursuing MBA an individual needs a bachelor’s degree in business management or any relevant field with minimum 55% as aggregate score from recognized university.
- Furthermore, an individual should also have the work experience of a minimum of 5 years.
- Furthermore, an individual must qualify for the language test i.e. TOEFL and IELTS to pursue MBA.
MBA Abroad: Documents Requirements
- Basically, one of the most important documents for MBA admission process in other countries are a good curriculum vitae (CV), letter of recommendation, transcripts, recent passport size photo, valid passport and visa.
- Furthermore, individuals are also required to share about their experience, aspirations, strength, weakness, which help the authorities to know about personality and past experience.
- Furthermore, individuals who are interested for doing MBA abroad have to appear for the GMAT entrance exam, which is one of the most important examinations for pursuing MBA.
- Furthermore, an individual must qualify for the language test i.e. TOEFL and IELTS to pursue an MBA.
- Finally, the university conducts interview rounds for the individuals to secure their admission. The questions for interview are generally based on previous work experience, aim/goals and any other perspective.
Online MBA Abroad
Basically, Online MBA Abroad is a distance-based learning course, they are designed to be equivalent to the traditional MBA program, regardless of the course delivery method. The online MBA abroad focuses on the quality of the program and the institute reputation.
Furthermore, online MBA from a reputable institute is increasing day by day and is highly recognized by the employers and university globally.
Furthermore, online MBA can open up career options in the domestic region and internationally also. This degree enhances the skills and knowledge in the business world.
Further, online MBA graduates are employed with companies such as: Amazon, Google. JP Morgan, Virgin Media.
MBA Abroad Specializations
Basically, for MBA, some of the popular specializations include Finance, Marketing, Human resource, operation management, International Business and Data analytics.
Furthermore, MBA Course specializations include Finance, Business Analytics and technology management and are considered as one of the highest paid and most demanded specializations.
Furthermore, an individual can look after various kinds of specialization abroad from international B schools
Furthermore, the eligibility criteria, MBA Admission Process, and course duration is same as Traditional/general MBA abroad.
MBA Abroad v/s MBA India
Particulars | MBA abroad | MBA India |
MBA duration | 1 to 2 years | 2 years |
MBA fees | 30 lakhs to 90 lakhs | 12 lakhs to 35 lakhs |
MBA Eligibility criteria | An individual must have a bachelor’s degree in business management or any relevant field with a minimum of 55% as aggregate score. | An individual must have a bachelor’s degree in any relevant field with a minimum of 55% as aggregate score from a recognized university. |
MBA entrance exam | GMAT | CAT, XAT, MAT, CMAT, GMAT |
Language test | TOEFL, IELTS | N/A |
Work experience | 3 to 5 years | 2 years |
Average salary | 18 to 65 lakhs | 5 to 30 lakhs |
MBA Subjects
Semester | Subjects |
1st semester | Financial reporting and control |
Leadership and organizational behavior | |
Marketing | |
Technology and operations management | |
Interpersonal skill development | |
2nd semester | Business, government and the international economy |
Strategy | |
Entrepreneurship manager | |
Leadership and corporate accountability | |
FIELD Global Immersion | |
3rd semester | Accounting and management |
Finance | |
General management | |
marketing | |
Strategy | |
4th semester | Business, government and the international economy |
Entrepreneurship management | |
Negotiations, organizations and markets | |
Organizational behavior | |
Technology and operational management |
MBA Abroad after CA
Basically, CA is one of the specialization and certificate courses after which an individual can work as characted accountant with all the reputed companies and audit firms.
Furthermore, to be eligible for MBA Abroad after CA, an individual have to complete the higher secondary education and under graduation (B.COM/CA/ any other degree)
Furthermore, to be eligible for MBA after CA, an individual should have a work experience of minimum 5 years after completing CA.
Basically, CA can switch careers for better salary packages and specializations like human resource and marketing.
Furthermore, this combination MBA degree will help to gain better knowledge of business and management worldwide, this will help to find better and good opportunities in finance.
Furthermore, CA is considered as the foundation stone and combining it with MBA will help in Team building, communication, and decision making. These are some of the abilities which will help in business schools internationally.
Conclusion
Pursuing an MBA is a transformative journey which opens door to global career opportunities, diverse networking and unparallel industry exposure. Further, with world class faculty, practical learning and high paying job prospects, an international MBA helps individuals with leadership, analytical and strategic skills for success.
Further combining MBA with qualification such as CA, it further enhances career prospects. So, ultimately an MBA is an investment in knowledge, career growth and global opportunities, making it a highly rewarding choice for ambitious professionals.