1000+ Scholarships are waiting for you in 2023
6 mins read
1266 Views
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.
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 |
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% |
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 |
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
Now that we are sure of which MBA degree pays the most, let's explore the highest-paying MBA specialization:
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.
| 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 |
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.
| 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 |
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.
| 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 |
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.
| 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 |
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.
| 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 |
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.
| 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 |
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.
| 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 |
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.
| 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 |
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.
| 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 |
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.
| 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 |
| 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 |
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
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.
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.
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 Edmissions experts 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
EU Business School, University College Of Birmingham, Technical University of Munich., University Of Tuebingen, Kaplan Business School.
It is considered that Germany has the cheapest top MBA colleges in the world. The cost of the MBA course for the semester is around 111 EUR or 8,830 INR.
The Wharton School and Stanford Graduate School of Business takes the prestigious title of the world's no. 1 business college in the world.
Top specializations include financial services, consulting, healthcare, technology, and consumer packaged goods
Some of the best colleges to study MBA abroad includes Stanford Graduate School of Business, Harvard Business School, MIT Sloan School of Management, The Wharton School, and HEC Paris, etc.
Harvard University, The University of Chicago, Stanford Graduate School of Business, London School of Economics and Political Science, etc. are some top business universities to study MBA Abroad.
Enrollment Advisory Group - Manhattan College
Est:1853 | Students:3894+
University of Essex - Southend Campus
Est:1965 | Students:14000+
Study Group - Leeds Beckett University (International Study Centre)
Est:1992 | Students:23280+
Red River College Polytechnic - Winkler Campus
Est:1938 | Students:22000+
University for the Creative Arts - Epsom Campus
Est:2005 | Students:6000+
Est:1992 | Students:15100+
study abroad
Mar 24, 2023 15:26PM
401 Views
Top International Universities for Indian Students to Study Abroad
study abroad
Mar 25, 2023 12:06PM
816 Views
J-1 Visa Requirements, Rules, Cost, Processing Time
study abroad
Mar 04, 2023 06:19AM
550 Views
Going To Study Abroad?: Things Nobody Will Say But You Must Know
study abroad
Mar 01, 2023 06:09AM
391 Views
Best Paramedical Courses Abroad After 10th, 12th, Graduation & Master’s
study abroad
Mar 24, 2023 15:37PM
541 Views
Best Countries to Study MBA Abroad
study abroad
Feb 24, 2023 08:20AM
519 Views
PhD Scholarships for Indian Students to Study Abroad
Tips and tricks
Jan 25, 2023 06:51AM
122060 Views
CGPA to percentage - How to convert CGPA into percentage?
USA
Mar 18, 2023 10:58AM
21366 Views
Spring (January) Intake in USA 2024: Deadline & Universities
Canada
Mar 20, 2023 06:39AM
16825 Views
Canada May 2023 Intake-Universities & Colleges Requirement
study abroad
Mar 20, 2023 13:47PM
4986 Views
Times World University Rankings 2023 - Check Best Global Universities: USA, Canada, UK & Australia
Exam
Mar 25, 2023 11:40AM
18492 Views
IELTS Exam Dates 2023: Academic and General Training Dates, Fees, Test Centres
Exam
Mar 27, 2023 08:20AM
89564 Views
IELTS Speaking Cue Cards Topics / Samples with Answers 2023
Loading.....
Get all your study abroad queries resolved in under 5 minutes !
Your Name*
Your Phone Number *
Studying abroad made simple
One portal. Multiple Applications. 1000+ institutes
Studying abroad made simple
Ask questions and get answers from alumni around the world
Studying abroad made simple
Get free personalized guidance from our experts
Studying abroad made simple
One portal. Multiple Applications. 1000+ institutes
Studying abroad made simple
Ask questions and get answers from alumni around the world
Studying abroad made simple
Get free personalized guidance from our experts
