MBA in USA for Indian Students: Eligibility, Requirements, Fees, Colleges, Scope, Salary

MBA in USA for Indian Students: MBA is an ideal career choice elected by several candidates. There are distinct kinds of MBA pursued by the candidates depending on the subject of their preference. Masters of Business Administration is a 2-year full-time program offered by various universities across the globe. This course assists candidates in securing higher designations in a firm affiliated with the business, management, and administration.

• About MBA
• Why MBA in the USA?
• MBA Specializations Available in the USA
• Best Colleges for MBA in the USA along with Fee Structure
• Admission Procedure/ Eligibility Criteria to Study MBA in the USA
• Jobs after MBA in the USA
• Study and Work Visa for Indian Students Pursuing MBA
• Salary after MBA in the USA for Indian Students
• Top Companies that hire MBA Graduates
• Is it necessary to give TOEFL for MBA in the USA?
• Is a GMAT score required to pursue MBA in the USA?
• Is it important to have a 1-year work experience for an MBA in the USA?

About MBA

Masters of Business Administration (MBA) is a master’s degree preferred by legion candidates across the globe. The degree procures the best of Marketing and Administrative skills in the individual pursuing it. Since this is a Masters’s Programme, it’s a prerequisite to have an undergraduate degree in any of the similar fields.

Being a leading course, it comes with many bonuses and manifold career opportunities. Not only the USA, but premium International corporations hire and offer great packages to MBA graduates. It’s a master’s degree exclusively offered by business schools and holds insanely significant value in the market.

Why MBA in the USA?

The USA is recognized for hosting lakhs of students every year for studies. The USA is replenished with world-class universities that serve par-excellence study programs. One of the core reasons that the candidates choose to pursue an MBA from the USA is because of its employment openings, lifestyle, and great after graduation salary packages. With some amazing companies and even better salaries, the USA has always been a student hotspot.

The United States of America encompasses some of the top-notch companies that hire MBA graduates effortlessly. USA universities ensure to invite the best companies on campus for candidates to apply for a job. Also, US universities inculcate all the business skills in the candidates and make them eligible for the corporate sphere accompanied by utterly marketable and reputed degrees.

MBA Specializations Available in the USA

MBA in Marketing: Masters of Business Administration in Marketing & Sales is another exigency degree. This MBA prepares candidates to understand the consumer’s needs better and buff their marketing skills.

MBA in Finance: Finance is another breakthrough field and an MBA in Finance can bring forward numerous opportunities. This field mainly focuses on the Financial aspect of marketing and administration that comprise investment, portfolio management, and so on.

MBA in Operations Management: Masters of Business Administration in Operations Management prepares the candidates for planning an entire campaign ranging from manufacturing, launching, pre-sales, sales, marketing, supervising, customer services, etc.

MBA in Entrepreneurship: Entrepreneurship focuses on building the candidates for their future startups and business understandings by building their marketing, sales, and critical thinking abilities.

MBA in Human Resources: MBA in HR Management has come in great demand. With ever-increasing employment opportunities, HR in a company is responsible for managing and excelling the employees.

There are more spheres that candidates get to choose from viz. MBA in International Business, MBA in Computers and Information Technology, MBA in Health Administration, MBA in Accounting, MBA in Supply Chain Management, etc. All these pursuits would highly assist one in excelling their career.

See More: Diploma Courses

Best Colleges for MBA in the USA along with Fee Structure

MBA is a well-known Degree so, it’s obligatory to attain and surpass this degree from a well-recognized university too. Nearly all the universities in the USA bestow some of the best MBA programs but here’s a list of the Universities highly chosen by the Indians for MBA.

These universities offer incredible study programs with hands-on industry experience under the mentorship of well-known industry leaders. These universities increase the candidates’ marketability and ensure to confer exceptional employment opportunities.

Admission Procedure/ Eligibility Criteria to Study MBA in the USA

Universities have diverse eligibility criteria for candidates from different nationalities. However, mentioned below are a few obligatory criteria that Indian Students need to accomplish to enroll themselves in a reputed Business School in the USA:

Bachelor’s Degree:  As the name indicates, Masters in Business Administration is a degree open exclusively for the candidates who have successfully surpassed their bachelor’s degree in a similar field.

Work Experience: After attaining a bachelor’s degree from a recognized university, it’s necessary to have at least one year of hands-on industry work experience in the similar field you’ll pursue your MBA in. A full-time job experience is mandatory but some business schools might ask for more work experience.

GMAT Score: The Graduate Management Admission Test is computer-based and assesses the candidate’s analytical, verbal, logical, quantitative, writing & reading skills. A minimum of 650 scores must be secured by the candidates to get enrolled in a recognized university. However, for many universities, 650 is still too low.

IELTS/ TOEFL: International Language Testing System or Test of English as a Foreign Language is an English-based examination to analyze the candidate’s English Speaking, Listening, Reading, and Writing Skills. TOEFL is the most common exam accepted by almost all the universities in the USA.

Letter of Recommendation: Similar to any other study program, even MBA requires a set of documents. Letter of Recommendation from your previous Universities and Colleges is obligatory. Besides, the candidates have to submit a Statement of Purpose for the same.

These are a few basic requirements and eligibility criteria. There’s a lot more to it depending upon the university chosen by the candidates. These are the four most significant and common criteria that the candidates are expected to attain even to get admitted to a mediocre university.

Jobs after MBA in the USA

MBA unlocks several career opportunities but it could be a bit tough to select the correct job for you. The job after MBA for Indian Students entirely depends on the discipline they have pursued their MBA in. Here are a few designations that an MBA graduate can unfasten :

• Marketing Manager
• Management Consultant
• Investment Banker
• Business Analyst
• Financial Advisor
• Administrative Manager
• Human Resource Manager

Furthermore, the designation is allocated solely by the hiring firm; it can vary and altogether relies upon the arena the candidate has obtained an MBA degree in.

Study and Work Visa for Indian Students Pursuing MBA

How to stay in the USA after graduation is the most general question raised by international candidates. To migrate to the USA, candidates need to know inside out about Optional Practical Training (OPT) and H-1B visas.

Optional Practical Training (OPT): OPT is a 12-month work visa allocated to the candidates who complete their MBA from a recognized USA University. Candidates can work in their field of discipline or can also go for self-employment. However, STEM-certified MBA programs allot 24 months additional visa, which sums it up to 3 years of total work visa.

H-1B Visas: H-1B Visa is a work visa for highly skilled candidates who aspire to settle in the USA. For this particular visa, the candidate must have a valid employment sponsorship. Around 2,75,000 applications were registered in 2021 for H-1B visas. Visas are randomly allocated to the master’s students first and then to the bachelor’s students. One can secure this visa only after having OPT.

Additionally, visas such as O-1, L-1, TN, E-3, or H1B1 visas are also permitted based on the candidates’ university, degree & employment.

Salary after MBA in the USA for Indian Students

As per the records, the average MBA salary for the candidates can be 137,890 $ to 138,000 $. The salary gradually keeps on heightening. Candidates are more likely to receive appraisals and incentives from the company. Here are a few common MBA majors and their pays.

However, the other designations such as Human Resource Management, Product Manager, Operations Manager, IT Managers pay can range from 86,000 $ to 145,740 depending on the employer.

Top Companies that hire MBA Graduates

After clearing the MBA and securing all the required visas; some of the top-notch premium companies bestow their job openings in distinct universities with incredible pays and perks. Listed below are a few par-excellent companies that hire MBA freshers:

• Deloitte
• McKinsey & Company
• Google
• Boston Consulting Group
• Microsoft
• J.P. Morgan
• Goldman Sachs
• Morgan Stanley

Plus, more companies such as Accenture, PwC, Pepsi Bottling Company, KPMG, etc. do hire MBA graduates and procure the best salary packages.

FAQs on MBA in USA for Indian Students

1. Is it necessary to give TOEFL for MBA in the USA?

To pursue any degree in the USA, TOEFL is a pre-obligatory English language test.

2. Is a GMAT score required to pursue MBA in the USA?

No, certain universities offer MBA programmes to Indian Students without the GMAT Score.

3. Is it important to have a 1-year work experience for an MBA in the USA?

No, universities can accept candidates without work experience or with minimum work experience.

Conclusion

MBA degree could be a benchmark for one’s career elevation and is a sure shot successful field for the students. For more such informational articles, course details, and further helpful knowledge about MBA in the USA for Indian Students, bookmark or visit our site Ncertbooks.guru