The Best MBA Countries: A List of the Top 10 Countries to Study MBA Abroad

    Updated on: 12 Sep 2023

    10 Best Countries to Study MBA for Abroad

    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.

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    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

    Top USA country for MBA

    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. 

     

    Top Hiring Firms 

    • Amazon
    • McKinsey
    • Deloitte 
    • Apple 

    Eligibility Criteria

    • Good GPA in the previous degree
    • Relevant work experience as per your program or university
    • Bachelor's Degree from a recognized university
    • IELTS/TOEFL/DUOLINGO scores for non-native speakers of English
    • GMAT or GRE score according to the university requirements.
       
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    Major MBA specializations 

    • MBA General Management
    • MBA International Management 
    • MBA Entrepreneurship

     

    Cost of Studying

    Cost of Living

    Salary

    $112,000 to $130,000 per annum

     $900 to $1,500 per month

    $171,528 to $181,803 per annum

    The UK

    Top UK country for MBA

    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.

    Top Universities 

    London Business School

    University of Oxford

    University of Cambridge

    Imperial College Business School

    Saïd Business School

    Alliance Manchester Business School

    University of Birmingham

    The University of Manchester

    Business School, the University of Edinburgh

    University of Warwick

     

    Top Hiring Firms 

    • Accenture
    • HSBC
    • Hamleys 
    • IBM

    Eligibility Criteria 

    Major MBA specializations 

    • MBA in Entrepreneurship  
    • MBA in Finance  
    • MBA in Operations Management  
    • MBA in Management Information Systems  
    • MBA in Global Management  
    • MBA in Engineering Management  
    • MBA in Technology Management

     

    Cost of Studying

    Cost of Living

    Salary

    € 64,000 to € 98,000 per annum

    £4000 to £550 per month

    £15,382 to £50,340 per annum

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    Canada

    Top Canada country for MBA

    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 

    • University of Toronto
    • Smith School of Business at Queen's University
    • Ivey Business School - Western University

    Top Hiring Firms 

    • EY
    • Siemens
    • Microsoft
    • Shopify

    Eligibility Criteria 

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    Major MBA specializations 

    • MBA in Finance and Digital Banking
    • MBA in Project Management
    • MBA in International Business Development

     

    Cost of Studying

    Cost of Living

    Salary

    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

    Top France country for MBA

    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. 

     

    Top Universities 

    HEC PARIS

    INSEAD

    ESSEC Business School

    Sorbonne University

    Ecole Polytechnique

    Université de Paris

    PSL Research University

    University of Strasbourg

    University of Lille

    University of Poitiers

    Top Hiring Firms 

    • AXA
    • AMAZON
    • BNP Paribas
    • L'Oreal 

    Eligibility Criteria 

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    Major MBA specializations 

    • MBA HR Management 
    • MBA Digital Marketing
    • MBA IT
    • MBA Travel and Tourism Management

     

    Cost of Studying

    Cost of Living

    Salary

    €50,000 to €92,000

     €1,200 to €1,800 per month

    €78,725 to €150,000

     

    Spain

    Top Spain country for MBA

    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 

    • ESADE Business School
    • IE Business School
    • IESE Business School 

    Top Hiring Firms

    • SGS
    • The Kraft Heinz Company
    • Accenture

    Eligibility Criteria 

    • Bachelor's Degree from a recognized university
    • Fluency in English 
    • 2 years of professional work experience 
    • A high score on GMAT or GRE score 

    Major MBA specializations 

    • MBA in Business Analytics
    • MBA in Marketing Management
    • MBA in Finance Management
    • MBA in Operations Management
    • MBA in International Business
    • MBA in Human Resources
    • MBA in IT

     

    Cost of Studying

    Cost of Living

    Salary

    €76,000 to €100,000 per annum

     €900 – €1,100 per month

    €68,220 to €71,296 per annum

    Italy

    Top Italy country for MBA

    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. 

     

    Top Universities 

    SDA Bocconi

    Polimi Graduate School of Management

    LUISS Guido Carli

    University of Milan

    University of Padua

    University of Trento

    University of Turin

    University of Florence

    University of Pavia

    Universidad de estudios de Palermo

     

    Top Hiring Firms 

    • Boston Consulting Group
    •  Amazon
    • McKinsey
    • Ferrari

    Eligibility Criteria

    • Degree Certification
    • Application Form
    • Video Pre-Interview
    • A good number of professional work experience 
    • TOEFL/IELTS
    • Good GMAT or GRE score
       
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    Major MBA specializations 

    • MBA in Business Analytics
    • MBA in Finance Management 
    • MBA in Media Management
    • MBA in Operations Management

     

    Cost of Studying

    Cost of Living

    Salary

    €30,000 to €50,000 per annum

     €700 and €1,000 per month

    €45,737 to €115,000 per annum

    Australia

    Top Australia country for MBA

    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. 

     

    Top Universities

    Melbourne Business School

    Monash Business School

    The University of Queensland

    University of Sydney

    Australian National University

    University of Adelaide

    University of Western Australia

    University of Auckland

    University of Technology Sydney

    Queensland University of Technology

     

    Top Hiring Firms 

    • Apple
    • BCG
    • JP Morgan
    • Allianz Global Investors

    Eligibility Criteria 

    • Good GMAT or GRE score 
    • Up-to-date CV
    • Evidence of citizenship & residency 
    • IELTS or TOEFL 
    • 4 personal statements related to your goals

    Major MBA specializations 

    • MBA in e-commerce
    • MBA in Finance
    • MBA in Strategy & Leadership
    • MBA in International Business
    • MBA in Marketing

     

    Cost of Studying

    Cost of Living

    Salary

    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

    Top  Netherlands country for MBA

    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 

    • Rotterdam School of Management 
    • University of Amsterdam 
    • Maastricht University 

    Top Hiring Firms 

    • Mastercard
    • Maxeon
    • McKinsey & Company

    Eligibility Criteria 

    • 3-5 years of work experience 
    • An undergraduate degree
    • GMAT or GRE report 
    • English proficiency examinations like TOEFL/GMAT

    Major MBA specializations 

    • MBA in Sports Management.
    • MBA in International Management 
    • MBA in Public Sector Management
    • MBA in Entrepreneurship
    • MBA in Human Resource Administration

     

    Cost of Studying

    Cost of Living

    Salary

    €40,000 to €58,000 per annum

     €800 - €1,200 per month

    €77,226 to €1,12,482 per annum

    Germany

    Top Germany country for MBA

    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. 

     

    Top Universities

    Technical University of Berlin 

    Technical University of Munich 

    RWTH Aachen University 

    Eberhard Karls University of Tübingen

    Karlsruhe Institute of Technology

    University of Hamburg

    Dresden University of Technology

    University of Mannheim

    University of Münster

    Technical University of Braunschweig

     

    Top Hiring Firms 

    • Volkswagen
    • Porsche
    • Siemens
    • Merck

    Eligibility Criteria 

    • An initial qualifying university degree 
    • Proof of language skills
    • 3-5 years of work experience 
    • Some universities might require GMAT or GRE score
       
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    Major MBA specializations

    • MBA in Entrepreneurship 
    • MBA in Finance 
    • MBA in Innovation

     

    Cost of Studying

    Cost of Living

    Salary

    €10,000 to €20,000

     €867 to €1000 per month

    €60,936 to €1,35,315

    Switzerland

    Top Switzerland country for MBA

    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

    • ETH Zurich
    • University of Zurich 
    • University of Bern

    Top Hiring Firms

    • Nestle
    • Glencore
    • Roche Group
    • EY

    Eligibility Criteria

    • A bachelor's degree 
    • Leadership & professional experience (3-5 years)
    • English language proficiency 

    Major MBA specializations

    • MBA in Finance
    • MBA in Operations
    • MBA in Marketing 

     

    Cost of Studying

    Cost of Living

    Salary

    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. 

    First published date: 08 Sep 2022


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About author

Bipasha Goswami
Content Writer with a demonstrated history of working in the health, advertising, real estate industries, and study abroad services. Skilled in Copywriting, Content Writing, Photography, Advertising, and Video Editing. Strong marketing professional with a BA - Bachelor of Arts in Journalism and Mass Communication from JIMS VASANT KUNJ

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