Top Business Schools Abroad with Ranking
Top business schools abroad help candidates get placement offers from top recruiters globally. Know the top business schools abroad, their ranking, specialization, and fee requirements.
Shivani Kumari21 May, 2024
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Top Business Schools Abroad: MBA is the most sought after post graduate degree course. Candidates from various streams aim to pursue an MBA degree to enhance their career prospects. Today MBA aspirants in India look beyond the borders for high quality education.
Acquiring an MBA from top business schools abroad helps candidates get high paying job offers from esteemed recruiters around the world. Additionally, candidates get the option to sponsor their education as many top B-schools provide financial aid to their students.Top Business Schools Abroad Highlights
The following table presents the notable highlights of top business schools abroad:| No. of MBA in Abroad Universities | 1,432+ |
| Top specialisations |
|
| Average cost to pursue MBA abroad | Tuition Fee - INR 22.86 L per year Living Expenses - INR 6.13 L per year |
| Admission process | GMAT score IELTS Score Resume GPS Statement of Purpose (SOP) Letter of Recommendations (LORs) |
Top Business Schools Abroad
Numerous business schools across the world offer high-quality MBA programs for international students. The following table includes the top business schools abroad according to their QS ranking for 2024:| Business School | Country | QS Ranking (MBA) 2024 |
| Stanford Graduate School of Business | USA | 1 |
| Penn (Wharton) | USA | 2 |
| Harvard Business School | USA | 3 |
| London Business School | UK | 4 |
| HEC Paris | France | 5 |
| MIT (Sloan) | USA | 6 |
| Columbia Business School | USA | 7 |
| IE Business School | Spain | 8 |
| Cambridge (Judge) | UK | 9 |
| IESE Business School | Spain | 10 |
Top Business Schools Abroad for Indian Students
Selecting prestigious B-schools for an MBA abroad is a crucial decision for students aiming for advanced business education. These institutions offer comprehensive MBA programs that help candidates learn theoretical knowledge and gain practical skills. Below are the top business schools abroad for Indian students:| Business Schools | MBA Specialisation |
| Stanford Graduate School of Business | General Management Business Finance |
| University of Pennsylvania | General Management Human Resources Economics |
| Harvard Business School | General Management International Business Human Resources |
| London Business School | Human Resources Economics Finance |
| HEC Paris | General Management Business Finance |
| IE Business School | Business Analytics Accounting Marketing |
| MIT | General Management International Business Human Resources |
| INSEAD | General Management Human Resources Economics |
| Columbia Business School | General Management International Business Human Resources |
| IESE Business School | General Management Finance Business |
Top Business Schools Abroad with Scholarships
Most of the esteemed MBA schools abroad offer financial assistance to their students through scholarships. These scholarships are mostly based on candidates economical status and academic merits.
| Business Schools | Scholarship Details |
| Harvard Business School (HBS) | About 50% receive need-based support. Average financial aid is $80,000. |
| Stanford Graduate School of Business | Need-based scholarship of average $70,000. |
| CEIBS | 30% of the cohort received scholarships. 40% received loans. |
| Fuqua School of Business (Duke University) | Merit-based scholarship ranges from partial to full tuition fee coverage. |
| Wharton School, University of Pennsylvania | Multiple fellowships Financial assistance provided by companies and foundations. |
| McDonough School of Business (Georgetown University) | Over $1.5 million offered through merit-based scholarships and veterans funding. |
| INSEAD | More than 90 scholarships based on merit or financial status of students. |
| Kellogg School of Management (Northwestern University) | Merit-based scholarships Diversity scholarships Need-based financial aid |
| London Business School | Scholarships offered through Alumni-fund, academic and professional merit, and diverse awards. |
Top Affordable Business Schools Abroad
The table below presents the top business schools offering MBA at highly affordable rates:| University Name | Cost per Semester (in INR) |
| Shanghai University | 2,25,245 |
| Tokyo eCampus by Undiknas University | 1,71,874 |
| European University of Lisbon | 2,25,245 |
| American College Dublin | 2,25,245 |
| Hanyang University | 2,25,245 |
| Dong-A University | 1,80,015 |
Eligibility Criteria for Top Business Colleges Abroad
Business colleges abroad require a bachelor's degree from a recognised institution. Additionally, candidates need an outstanding GPA and GMAT scores and full-time work experience. To know the detailed eligibility criteria of specific business college candidates must visit their official website. The following table presents the general eligibility requirements for pursuing an MBA abroad:| Educational Qualifications | Bachelor's degree with 60% or equivalent GPA |
| Language Proficiency Test Score | IELTS: 6.0 – 7.0 TOEFL: 90 – 100 PTE: 60 - 70 |
| Standardised Test Score | GMAT: 550 – 675 GRE: 280 – 330 |
| Work Experience | 2 years (Optional) |
| Immigration Requirements | Indian Passport Student Visa |
Top Business Schools Abroad FAQs
Which country is best for business studies?
The best countries for pursuing an MBA degree are the USA, UK, Canada, Australia, Singapore, Spain, and Germany. Business colleges located in these countries are recognised as top MBA colleges abroad.
What are the top 5 global B schools?
Top 5 B-schools worldwide include Stanford Graduate Schools of Business, HBS, Wharton School, INSEAD, and London Business School. Pursuing an MBA from these institutions helps candidates enhance their career prospects and get high-paying job offers.
Which MBA is most in demand?
MBA specialisations such as business analytics, AI&ML, entrepreneurship, marketing management, logistics and supply chain management, etc., are most in demand.
What is the No. 1 business school in the world?
Stanford Graduate School of Business is the No. 1 business school in the world.
Which MBA has the highest salary abroad?
MBA in finance, Entrepreneurship, and business analytics offer the highest salary to professionals.
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