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The Best MBA Countries: A List of the Top 10 Countries to Study MBA Abroad
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While looking for foreign universities to study MBA, it is often difficult to choose the best country. Explore various countries to study MBA abroad.
BIPASHA GOSWAMI
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Updated on: 25 Oct 2023
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Aman Jain graduated from IIT Kanpur, and currently functions as the CMO at GyanDhan. He is deeply passionate about creating equality in higher education and has directly interacted with 2 Lakh...
A Master of Business Administration, or MBA, is a postgraduate degree that opens up global opportunities. It is one of the world's famous degrees that allows you to learn more about international business and management. An MBA degree helps you to understand subjects like marketing, accounting, finance, business planning, and communication skills. MBAs are a popular degree among professionals looking to expand their practical knowledge.
As top-growing companies have expanded their networks, the value of an MBA degree has increased. You will gain insights into international business by studying an MBA abroad and can use this stratagem in your future projects. Graduates from foreign universities with Master of Business Administration degrees have a chance to work at multinational companies such as Google, Apple, Amazon, etc. Therefore, selecting the best MBA universities abroad is a challenge. In this blog, we hope to give you the best solutions, and you will learn about the best countries to study MBA along with top universities and many more parameters.
The Top Ten Countries For MBA Study
The USA
The United States stands number 1 on this list according to various ranking sites like QS Ranking, Time Higher Education, and US News.
The country is famous for its world-class education facilities, training, and career opportunities. The program duration is two years, which also includes the internship period.
Studying in the USA increases your chances of being placed by the top companies and MNCs.
Students across the globe prefer the USA, which eventually promotes a multicultural environment. Since English is an internationally accepted language by ICAO, most of the students understand English very well. Therefore, language is not a barrier.
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Stanford Graduate School of Business |
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Penn (Wharton) |
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Top Hiring Firms
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Amazon
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McKinsey
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Deloitte
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Apple
Eligibility Criteria
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Good GPA in the previous degree
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Relevant work experience as per your program or university
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Bachelor's Degree from a recognized university
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IELTS/TOEFL/DUOLINGO scores for non-native speakers of English
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GMAT or GRE score according to the university requirements.
Evaluate your Probability of Admission in US Universities
Major MBA specializations
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MBA General Management
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MBA International Management
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MBA Entrepreneurship
|
$112,000 to $130,000 per annum |
$900 to $1,500 per month |
$171,528 to $181,803 per annum |
The UK
The United Kingdom is one of the most powerful economies and is an active member of the G20 Summit. It is also a famous destination because of its industry-specific MBA courses like MBA in Finance, MBA in International Management, and MBA in Marketing. The best part of the UK universities is that they regularly organize seminars and international conferences to encourage students to learn from veteran teachers.
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University of Cambridge |
Imperial College Business School |
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Saïd Business School |
Alliance Manchester Business School |
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University of Warwick |
Top Hiring Firms
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Accenture
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HSBC
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Hamleys
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IBM
Eligibility Criteria
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High GMAT or GRE score
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IELTS/TOEFL
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MBA Essays
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Recommendation letters from your previous universities
Major MBA specializations
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MBA in Entrepreneurship
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MBA in Finance
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MBA in Operations Management
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MBA in Management Information Systems
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MBA in Global Management
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MBA in Engineering Management
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MBA in Technology Management
|
€ 64,000 to € 98,000 per annum |
£4000 to £550 per month |
£15,382 to £50,340 per annum |
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Canada
Studying MBA in Canada offers lucrative opportunities: Top-Notch universities, easy immigration policies, practical learning, and a multicultural environment. The best part of Canadian Universities is their Co-op program, where universities follow an alternating pattern, meaning one semester or term of schooling alternates with one semester or term of work. So, this way students gain practical knowledge along with studying.
Top Universities
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University of Toronto
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Smith School of Business at Queen's University
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Ivey Business School - Western University
Top Hiring Firms
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EY
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Siemens
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Microsoft
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Shopify
Eligibility Criteria
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Bachelor's Degree
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GMAT score
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Relevant Work experience
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English proficiency tests like IELTS or TOEFL
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Statement of purpose
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2 recommendation letters
Say goodbye to all your doubts about studying abroad
Major MBA specializations
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MBA in Finance and Digital Banking
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MBA in Project Management
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MBA in International Business Development
|
CAD $104,000 to CAD $134,000 per annum |
CAD $1,245 to CAD $2000 |
CAD $65,839 to CAD $90,000 per annum |
France
France is home to some well-known universities.
The government of France is serious when it comes to its education system. One gets global exposure while studying in France. Every day you learn about innovative business models. Graduates with an MBA or higher studies degree can work for up to 2 years.
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HEC PARIS |
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Sorbonne University |
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Ecole Polytechnique |
Université de Paris |
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PSL Research University |
University of Strasbourg |
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University of Lille |
University of Poitiers |
Top Hiring Firms
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AXA
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AMAZON
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BNP Paribas
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L'Oreal
Eligibility Criteria
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Major MBA specializations
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MBA HR Management
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MBA Digital Marketing
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MBA IT
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MBA Travel and Tourism Management
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€50,000 to €92,000 |
€1,200 to €1,800 per month |
€78,725 to €150,000 |
Spain
According to the Financial Times, Spain has some of the best business schools in the world. From perfect weather to beautiful places, Spain is the safest and top tourist destination in the world.
While attending your MBA degree, you get a chance to explore the country.
Top Universities
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ESADE Business School
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IE Business School
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IESE Business School
Top Hiring Firms
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SGS
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The Kraft Heinz Company
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Accenture
Eligibility Criteria
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Bachelor's Degree from a recognized university
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Fluency in English
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2 years of professional work experience
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A high score on GMAT or GRE score
Major MBA specializations
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MBA in Business Analytics
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MBA in Marketing Management
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MBA in Finance Management
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MBA in Operations Management
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MBA in International Business
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MBA in Human Resources
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MBA in IT
|
€76,000 to €100,000 per annum |
€900 – €1,100 per month |
€68,220 to €71,296 per annum |
Italy
Italy is known for its weather, rich culture, and affordable universities. Students who pursue MBA in Italy understand the changing business scenarios easily. Once students complete their degree they can stay up to 12 months to work in the country.
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SDA Bocconi |
Polimi Graduate School of Management |
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LUISS Guido Carli |
University of Milan |
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University of Padua |
University of Trento |
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University of Turin |
University of Florence |
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University of Pavia |
Universidad de estudios de Palermo |
Top Hiring Firms
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Boston Consulting Group
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Amazon
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McKinsey
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Ferrari
Eligibility Criteria
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Degree Certification
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Application Form
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Video Pre-Interview
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A good number of professional work experience
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TOEFL/IELTS
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Good GMAT or GRE score
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Major MBA specializations
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MBA in Business Analytics
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MBA in Finance Management
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MBA in Media Management
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MBA in Operations Management
|
€30,000 to €50,000 per annum |
€700 and €1,000 per month |
€45,737 to €115,000 per annum |
Australia
Australia is a famous study destination for Internation students.
Quality education, a good number of scholarships, and outstanding career prospects make Australia an alluring study destination for MBA aspirants. Recently, the Australian Government announced their increased Post-Study visa duration for International Students. Graduate with MBA degrees can stay for five years.
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Melbourne Business School |
Monash Business School |
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University of Western Australia |
University of Auckland |
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University of Technology Sydney |
Top Hiring Firms
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Apple
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BCG
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JP Morgan
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Allianz Global Investors
Eligibility Criteria
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Good GMAT or GRE score
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Up-to-date CV
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Evidence of citizenship & residency
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IELTS or TOEFL
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4 personal statements related to your goals
Major MBA specializations
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MBA in e-commerce
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MBA in Finance
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MBA in Strategy & Leadership
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MBA in International Business
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MBA in Marketing
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AUD $80,000 to AUD $100,000 per annum. |
AUD $2,835 to AUD $3,000 per month |
A$61,828 to A$1,01,464 per annum |
Netherlands
According to World Happiness Index 2022, the Netherlands stands 5th on the list. The country is known for its heritage, international relationships, and highly diverse MBA programs.
Top Universities
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Rotterdam School of Management
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University of Amsterdam
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Maastricht University
Top Hiring Firms
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Mastercard
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Maxeon
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McKinsey & Company
Eligibility Criteria
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3-5 years of work experience
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An undergraduate degree
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GMAT or GRE report
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English proficiency examinations like TOEFL/GMAT
Major MBA specializations
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MBA in Sports Management.
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MBA in International Management
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MBA in Public Sector Management
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MBA in Entrepreneurship
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MBA in Human Resource Administration
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€40,000 to €58,000 per annum |
€800 - €1,200 per month |
€77,226 to €1,12,482 per annum |
Germany
One of the distinct points that stands Germany out from the rest countries is its Public universities with a free education system. German universities very well integrate their classroom learning with practical work experience. Students can get up to 18 months of post-study permit in the country.
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Technical University of Berlin |
Technical University of Munich |
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RWTH Aachen University |
Eberhard Karls University of Tübingen |
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Karlsruhe Institute of Technology |
University of Hamburg |
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Dresden University of Technology |
University of Mannheim |
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University of Münster |
Technical University of Braunschweig |
Top Hiring Firms
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Volkswagen
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Porsche
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Siemens
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Merck
Eligibility Criteria
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An initial qualifying university degree
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Proof of language skills
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3-5 years of work experience
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Some universities might require GMAT or GRE score
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Major MBA specializations
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MBA in Entrepreneurship
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MBA in Finance
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MBA in Innovation
|
€10,000 to €20,000 |
€867 to €1000 per month |
€60,936 to €1,35,315 |
Switzerland
The country is known for its high quality of education, great locations, and affordable fees.
Students get various opportunities to participate in business partnership projects and a holistic exposure to management skills.
Top Universities
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ETH Zurich
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University of Zurich
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University of Bern
Top Hiring Firms
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Nestle
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Glencore
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Roche Group
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EY
Eligibility Criteria
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A bachelor's degree
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Leadership & professional experience (3-5 years)
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English language proficiency
Major MBA specializations
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MBA in Finance
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MBA in Operations
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MBA in Marketing
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CHF 2,500 to CHF 5,000 |
CHF 1600 to CHF 2500 |
CHF 90,000 to CHF 1,53,740 |
It is not an easy task to choose the perfect county to study MBA abroad but pursuing your degree from a top university definitely opens up excellent growth opportunities.
We hope through this blog you will be able to analyze each country's parameters.
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