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Top MBA Colleges in the World with Fee Structure

Top MBA Colleges in the World with Fee Structure

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By Prabhadri Suman|Updated On - 2023-04-07 09:25:55

Are you looking for information on the world's top MBA programs? Here is information on the top 1-year MBA course programs worldwide, Specialization, universities study costs, and eligibility and jobs.

Top MBA Colleges in the World with Fee Structure

Topics Covered:

  • Top MBA Colleges in World with Fee Structure
  • Best MBA colleges in world for Indian students
  • Top 1-year MBA programs in the world
  • Best MBA courses in the world
  • Best MBA online programs in the world
  • Eligibility Criteria for MBA abroad
  • Benefits of studying at a top international B-school
  • Having a broader perspective
  • Conclusion

Studying at one of the world's top MBA programs is a goal for any MBA aspirant. It is, without a doubt, an honor to be admitted to a globally renowned business school, as it allows you to connect with the greatest minds in the world for the rest of your life. Those who wish to make a difference as a leader, entrepreneur, or business person should strive to get into one of the world's highest-ranked MBA programs, both competitive and achievable.

Have you ever wondered which universities are top-ranked for MBA programs? Here is a comprehensive list of the world's most prestigious b-schools. You may also want to know how much it costs to get an MBA from a world-renowned b-school. Furthermore, you can read about the eligibility requirements and demands for best MBA colleges in world, if you are planning to study abroad.


Top MBA Colleges in World with Fee Structure

MBA programs are offered at several institutions worldwide. Here are the top 20 MBA colleges in world, according to the QS World Rankings 2022:

University/ B-School   QS Global MBA Rankings 2023   Average Tuition Fee for International Students  
Stanford Graduate School of Business, Stanford 1 119,964 USD/ year
Harvard Business School, Boston 2 73,440 USD/ year
Penn (Wharton), Philadelphia 3 83,230 USD/ year
HEC Paris, Jouy En Josas 4 78,000 EUR/ year
London Business School, London 5 97,500 EUR/ year
MIT (Sloan), Cambridge 6 82,250 USD/ year
IE Business School, Spain 7 72,200 EUR/ year
Columbia Business School, New York 8 77,376 USD/ year
INSEAD, Paris, Singapore, France 9 91,000 EUR/ year
IESE Business School 10 93,500 EUR/ year
UC Berkeley (Haas), Berkeley 11 71,817 USD/ year
Cambridge (Judge), Cambridge 12 61,000 EUR/ year
Chicago Booth, Chicago 13 74,919 USD/ year
Northwestern (Kellogg), Evanston 14 76,368 USD/ year
UCLA (Anderson), Los Angeles 15 70,368 USD/ year
Said Business School, Oxford 16 65,520 GBP/ year
Esade Business School, Barcelona 17 73,800 EUR/ year
Yale School of Management, New Haven 18 100,000 USD/ year
NYU (Stern), New York 19 54,765 USD/ year
Michigan (Ross), Ann Arbor 20 72,114 USD/ year

Best MBA colleges in world for Indian students

Check out the best MBA colleges in world for Indian students to study abroad.

University  

Global Ranking  


 

Tuition Fee   Percentage of International students  
Stanford Graduate School of Business #1 US $141,180 43%
Harvard Business School #2 US $146,880 37%
The Wharton School (University of Pennsylvania) #2 US $162,756 30%
HEC Paris #4 US $76,434 95%
Massachusetts University of Technology (Sloan) #5 US $148,400 41%
London Business School #6 US $104,493 92%
IE Business School #7 US $79,634 91%
INSEAD #7 US $98,009 91%
Columbia Business School #9 US $143,088 47%
IESE Business School #10 US $108,821 85%

Helpful content: Best Countries to Study MBA Abroad 

Top 1-year MBA programs in the world


 Check out top 1-year MBA programs in the world for international students.

Sr No.   University   Program    Avg, Fees   Avg. Salary  
1 INSEAD - Europe Campus 10 months € 89,000  $ 105,900
2 University of Cambridge - Judge Business School 12 months £59,000 £ 99,753
3 Kellogg School of Management, Northwestern University

12 months


 

$103,316 $142,857
4 SDA Bocconi School of Management


 

12 months

€ 62,000 € 86,274
5 IE Business School 11 months   € 72,200 -
6 University of Oxford - Saïd Business School 12 months £63,000 £73,433
7 IMD Business School 12 months $95,000 $113,025
8 Cornell University - Samuel Curtis Johnson Graduate School of Management

12 months


 

$153,380 $ 118,758
9 HKUST Hong Kong University of Science and Technology Business School 12 months  585,000 HKD

$77,600



 

10 University of Western Ontario - Richard Ivey School of Business 12 months  120,500 CAD 117,997 CAD

 

Best MBA courses in the world        


 There have been numerous claims about which MBA has the best pay and prospects for the future. The concentration you choose has a significant role in defining your value in the job market, together with your knowledge and skills.

The following are the some of the best MBA courses in the world or highest paying MBA specializations

  • Business Analytics
  • Information Technology
  • Finance
  • Marketing
  • Economics
  • Entrepreneurship
  • Data Analytics
  • International Business
  • Investment Management
  • Innovation Management

Now that we are sure of which MBA degree pays the most, let's explore the highest-paying MBA specialization :

 

MBA in Business Analytics

The highest paying MBA specialization at the moment is business analytics. A business analytics MBA focuses on the methodical study of data to arrive at reliable conclusions and choices. The information presented here is derived from statistical sources or commercial activities to assess effectiveness, cost, and outcomes. Choosing to specialize will improve your analytical, technical, and leadership skills.

Scope

From 2018 to 2028, the Bureau of Labour Statistics (BLS) projects that demand for business analytics skills will increase by 10.9 percent, exceeding the 5.2 percent national average for all jobs.

Jobs for MBA in Business Analytics Graduates

Job Title   Average annual Salary in USD  
Business Systems Analyst 60,000 - 70,000 
Business Strategist Analyst 50,000 - 96,000 
Business Application Analyst 70,000 - 100,000 
Business & Data Analyst 40,000 - 90,000 
Healthcare Business Analyst 80,000 - 100,000 

MBA in Information Technology

The second-highest paying MBA specialization worldwide is information technology. You can manage IT systems and human resources with the skills you gain with an IT specialisation. With a primary focus on subjects like information security, IT project management, telecommunications, etc., it integrates the conventional business expertise of an MBA. An excellent way to stand out in the tech-savvy workplace of today is to get an MBA in information technology.

Scope  

The Bureau of Labor Statistics (BLS) estimates that the number of employments for MBAs in Information Technology would increase by more than 667,600 between 2020 and 2030.

Jobs for MBA in Information Technology Graduates

Job Title   Average annual Salary in USD  
Information Technology Manager 45,000 - 95,000 
IT Services Manager 50,000 - 90,000 
Senior IT Business Analyst 30,000 - 70,000 
Solutions Architect Senior Manager 80,000 - 95,000 
IT Senior Associate 40,000 - 75,000 

 

MBA in Finance

Finance is another popular and well-paid MBA specialization. An MBA with a finance specialization can lead to satisfying professions in important economic sectors like insurance, taxation, international finance, asset management, and tax planning, among others. You could work for prominent organisations as financial planners and advisors. Indeed, finance has a significant role in every area of economics, business, and management.

Scope  

The Bureau of Labour Statistics anticipates that the number of positions in the financial industry will rise 18% by the year 2030, which is a considerably higher rate than the average. Roughly 6,900 new financial examiner jobs are estimated to become available annually over the course of the next decade.

Jobs for MBA in Finance Graduates

Job Title   Average annual Salary in USD  
Finance Analyst 35,000 - 65,000 
Finance Consulting Manager 55,000 - 90,000 
Leveraged Finance Associate 50,000 - 80,000
Financial Management Associate 68,000 - 100,000 
Manager- Finance Integration & Separation 55,000 - 90,000 

 

MBA in Marketing

The goal of an MBA in Marketing is to provide business expertise by thoroughly understanding the marketing component. You will develop the ability to carefully analyse customer behaviour as you study marketing and develop products that consumers are most likely to desire to buy. This top-paying MBA concentration provides in-depth expertise on how to produce, distribute, and communicate a specific value to the target market in order to make money.

Scope  

 According to the Bureau of Labor Statistics (BLS), marketing managers typically make $145,00 per year. From 2020 to 2030, the job outlook is predicted to expand by 10%, which is significantly quicker than average.

Jobs for MBA in Marketing Graduates

Job Title   Average annual Salary in USD  
Equity Portfolio Specialist 50,000 - 75,000 
Business Intelligence Manager 60,000 - 75,000
Field Marketing Manager 50,000 - 80,000
Client Success Specialist 50,000 - 80,000 
P&L Controller 70,000 - 85,000

 

MBA in Economics

Economics is the next most earning MBA specialization in terms of salary. Evaluating economic concerns for resources, goods, and services is part of economists' jobs, along with data collection and analysis, trend research, and market analysis. You are given the opportunity to qualify for employment as a specialist in fields including business intelligence, operations research, information sciences, econometrics, and others.

Scope  

According to data from the Bureau of Labour Statistics, over 1,600 openings for economists are anticipated annually on average during the next ten years (BLS). It anticipates a 13% increase in job growth for the economics sector between 2020 and 2030.

Jobs for MBA in Economics Graduates

Job Title   Average annual Salary in USD  
Economic Development Analyst 45,000 - 70,000 
Policy Analyst 65,000 - 105,000 
Research Economist 75,000 - 100,000
Healthcare Economists & Trend Analyst 45,000 - 90,000 
Economic Analyst 60.000 - 80,000 

 

MBA in Entrepreneurship

This particular MBA specialisation is one of the most remunerative MBA specialisation. The MBA Entrepreneurship concentrates on honing skills and creativity for both small and large businesses. Students are taught the essentials of business growth, market research, novel thinking, corporate planning, etc.

Scope  

The Bureau of Labor Statistics (BLS) mentions that entrepreneurs gain an approximated yearly salary of $145,000.

Jobs for MBA in Entrepreneurship Graduates

Job Title   Average annual Salary in USD  
Management Consultant 55,000 - 70,000 
Senior Product Manager 85,000 - 105,000
Business Intelligence Manager 60,000 - 75,000 
Client Success Specialist 50,000 - 80,000 

 

MBA in Data Analytics

Data analytics is one of the most profitable specialisations, with computer science engineers finding it especially useful. An MBA in Data Analytics provides engineers with a great return on investment and exposure to the industry. It is just like business analysis, but data has a much more important role. 

Scope  

The Bureau of Labor Statistics reports that data analysts earn an average yearly salary of about $82,360, and job opportunities for the position are predicted to increase by 25% between 2020 and 2030.

Jobs for MBA in Data Analytics Graduates

Job Title   Average annual Salary in USD  
Research Analyst 80,000
Data Analyst 85,000 - 105,000
Operations Research Analyst 85,000 - 105,000
Business & Data Analyst 40,000 - 90,000

 

MBA in International Business

A lucrative MBA specialization is International Business, which concentrates on a worldwide outlook of business and instructs students to communicate and collaborate with professionals from different societies. This type of MBA is a result of the ongoing globalization in the world. 

Scope  

According to the Bureau of Labor Statistics (BLS), the Director of Global Business can anticipate an estimated annual salary of $100,360 per annum and is expected to have a growth rate of 14% from 2020 to 2030.

Jobs for MBA in International Business Graduates

Job Title   Average annual Salary in USD  
Research Analyst 80,000 
Data Analyst 85,000 - 105,000
Risk Manager 95,000 - 105,000
Director of Global Business 100,000 
Management Analyst 80,000 - 90,000 

 

MBA in Investment Management

Possessing an MBA in investment management is widely acclaimed around the world due to its highly esteemed degree, and significant return on investment. Individuals with This degree often collaborates with clients to construct their firm's portfolios, scrutinizing investment strategies and market developments. 

Scope  

According to the Bureau of Labor Statistics (BLS), a Financial Manager's estimated yearly salary is $131,360. Moreover, the job outlook for this profession is predicted to be 17% in the decade of 2020 to 2030, which is notably quicker than the majority of other occupations.

Jobs for MBA in Investment Management Graduates

Job Title   Average annual Salary in USD  
Senior Accountant 80,000
Investment Analyst 80,000 
Risk Manager 95,000 - 105,000 
Portfolio Manager 85,000 
Financial Manager 100,000

 

MBA in Innovation Management

An MBA in Innovation Management entails a wide curriculum, teaching students how to recognize the positive and negative aspects of a business and devise revolutionary solutions for them. This high-paying MBA concentration necessitates students to work with multiple sectors of the economy. 

Scope  

According to the Bureau of Labor Statistics (BLS), professionals in this field have an approximate yearly salary of $145,000.

Jobs for MBA in Innovation Management Graduates

Job Title   Average annual Salary in USD  
Management Consultant 55,000 - 70,000 
Senior Product Manager 85,000 - 105,000 
Senior Business Consultant 80,000 
Business Intelligence Manager 60,000 - 75,000 

 

Best MBA online programs in the world  
 

School   Country   Salary After Graduation (USD)  
Warwick Business School UK 194,864.00
Imperial College Business School UK 192,016.00
IE Business School Spain 175,078.00
University of North Carolina: Kenan-Flagler US 184,547.00
University of Florida: Warrington US 137,248.00
MIP Italy 168,478.00
Durham University Business School UK 161,214.00
AGSM at UNSW Australia 145,854.00
University of Nebraska-Lincoln US 115,621.00
University of Bradford School of Management UK 139,138.00

 

Eligibility Criteria for MBA abroad  
 

Meet the following requirements to study MBA abroad:  
 

Academic background:  It is crucial to have excelled in your college and bachelor's degrees to get into a top b-school. You must have a strong academic background to be admitted. Similarly, if you have a master's degree, you should have done well in it as well.  
 

Qualifying Tests:  A GMAT score is required to prove an MBA aspirant's competence, and the cutoff is often over 600 points for the top-ranked business schools. Some schools accept GRE scores in place of GMATs. It is important to find out if the specific requirements are met.  
 

Language proficiency:  Achieving a good score on an English language test is necessary to prove your English proficiency. Depending on their requirements, universities may require an IELTS or TOEFL exam score.

Work Experience:  The b-schools at the top may require either a certain amount of work experience or two to three years' worth of experience in their field of study, depending on the school and specialty.

Other Requirements    

In addition to the general eligibility criteria listed above, having a well-written statement of purpose is crucial. It is important to remember that SOPs for MBA programs are distinct from those for MS programs. You must highlight how you are a good fit for an MBA program at a prestigious university and how your education will impact you in the future as part of your MBA application. Including a well-developed CV/resume and references with your MBA application is also critical.


Know More About Top MBA Colleges to Study Abroad

Benefits of studying at a top international B-school  
 

Studying at a top MBA university doesn't necessarily guarantee your success, but the overall benefits cannot be denied. Learn how studying at a top MBA university can alter your life and help you become a successful person:

Valuable Degree:  An MBA from a renowned international college can help you obtain a valuable degree. It assures employers of the quality of instruction, which is advantageous for your career. In order to get admitted to an MBA program, one should strive to enroll at one of the finest institutions.  
 

Experienced Faculty : The world's top universities have some of the greatest minds in the field. Learning from an expert in the field is the best method to acquire the knowledge and abilities required. Some of the greatest faculty members at top colleges are even world-renowned experts. These teachers guide their students in the best way possible.  
 

Right Foundation for a Successful Career:  Setting up a strong foundation through admissions to a top MBA university is smart. You can learn and practice under the guidance of the best global faculty, network with eager students, gain access to the finest teaching methodologies, and attend lectures and seminars hosted by leaders and companies. Consequently, you may seek employment with high-paying corporations immediately after graduation.

Excellent infrastructure:  A top institution focuses on infrastructure and provides students with the finest facilities and amenities while studying there. There are a variety of other facilities on campus to improve a student's overall character, in addition to the latest equipment and technologies for academic purposes. Well-maintained sports areas, gyms, wellness programs, healthcare centers, libraries, theaters, and art exhibits are all part of a top university.

Having a broader perspective 

Those at prominent institutions are positive and innovative, and they have the potential to alter society for the better. Studying in a healthy environment helps students become more intellectually developed and have a broader view of life. Typically, graduates from prestigious institutions come to be leaders, entrepreneurs, and successful individuals.

Conclusion 

MBA programs are growing in popularity among international students, and there are numerous reasons for this. Picking any program ensures that the student will obtain a great education and experience a high quality of life during their studies abroad. The degree gives them the abilities and understanding they need to succeed in different areas of expertise, such as finance, business, and management. Scholarships can also help to reduce the financial strain of the course.

Additionally, the MBA degree earned abroad is highly respected by employers everywhere, making it a great option for anyone looking to advance their careers. A satisfying and difficult job in business is a great alternative for people looking for it because there will likely be an increase in demand for qualified professionals over the next several years.  
 

Feel free to contact us for more information on MBA admissions abroad. Our study abroad consultants will answer your questions with the latest and most relevant information.

Do you still have questions? Visit edmissions.com for quick answers. Get in touch with us at [email protected] if you're interested in studying abroad.

For a quick overview related to study abroad, click here  

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