MBA is the most popular graduate business degree globally. Studying for an MBA from a top university can propel you into high-level positions at companies like Google, Amazon, and Microsoft. You will gain core finance, accounting, marketing, and operations management skills. But the question arises which is the best country for an MBA? This blog will guide you through the best countries to study for an MBA abroad.
Key Highlights:
- The USA, UK, Germany, and Australia are the best countries for an MBA abroad.
- MIT, Harvard Business School, and University of Cambridge are the top colleges for MBA for Indian students.
- Top MBA colleges in these countries need a GMAT score of about 720 and a GRE score above 320.
- The average annual fee of MBA in the top 10 countries is USD 80,000 (INR 64 lakh) yearly.
- The average yearly salary after an MBA from the best countries is USD 120,000 (INR 96 lakh) yearly.
So, if you’re thinking about studying an MBA abroad, it’s important to consider which country is the best fit for you. Connect with Yocket Experts to smoothen your study abroad process. We will help you with everything from shortlisting the university to the visa process. So, why wait? Explore Yocket Premium today!
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Table Of Contents |
Why Study MBA Abroad?
If you’re considering studying for an MBA in one of the best countries for business education, it’s worth taking a closer look at the benefits.
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Gain Practical Knowledge: Many international MBA programs emphasize experiential learning and hands-on projects, allowing you to apply theoretical concepts to real-world business challenges. This practical experience can be gained through case studies, consulting projects, internships, or international business treks.
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Bright Career Prospects: An MBA from a renowned international institution can open doors to exciting career opportunities, in your home country and globally. The knowledge, experience, and network you acquire during your studies abroad can significantly enhance your career prospects.
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Networking Opportunities: Studying an MBA abroad provides unparalleled opportunities to build a strong professional network with individuals from diverse backgrounds and cultures. Through your classmates, faculty, alumni connections, and industry events, you'll have the chance to connect with potential employers, mentors, and business partners.
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Attractive Job Package: Many top-tier international MBA programs have strong relationships with leading multinational corporations, which results in lucrative job offers and attractive compensation packages for graduates.
Best Countries to Study MBA Abroad
Pursuing an MBA from a prestigious international institution can be a transformative experience, opening doors to opportunities and shaping your career trajectory. Hence, we've curated a list of the top 10 most preferred and best countries for MBA abroad that have garnered global recognition for their exceptional MBA offerings.
- United States
- United Kingdom
- Canada
- Australia
- Germany
- Singapore
- Spain
- Netherlands
- France
- Italy
1. USA
If you’re looking for an MBA program that opens doors to high-paying careers, the USA is the place to be. With a robust education system, a thriving business landscape, and exceptional living standards, pursuing an MBA in the USA remains one of the top choices for international students.
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1-2 years |
|
Tuition fee |
$60,000 (INR 50,12,520) - $120,000 (INR 1,00,25,050) |
|
Cost of studying |
$80,000 (INR 66,83,370) - $150,000 (INR 1,25,31,320) |
|
Avg. salary |
$115,000 (INR 96,07,340) |
Top MBA Universities in the USA
|
University |
QS World Ranking 2025 |
|---|---|
|
Massachusetts Institute of Technology (MIT) |
1 |
|
Harvard University |
4 |
|
Stanford University |
6 |
|
California Institute of Technology (Caltech) |
10 |
|
University of Pennsylvania |
11 |
Top MBA Specialisations in the USA
- Business Analytics
- Information Technology
- Economics
- Finance
- Marketing
2. United Kingdom
An MBA in the UK stands as a premier choice for MBA aspirants, particularly Indian students looking for a concise, cost-effective, and globally respected program. London, in particular, provides an energetic and flourishing business environment, enriching the student experience.
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1 year |
|
Tuition fee |
£30,000 (INR 31,76,460) - £50,000 (INR 52,94,110) |
|
Cost of studying |
£40,000 (INR 42,35,280) - £70,000 (INR 74,11,750) |
|
Avg. salary |
£80,000 (INR 84,70,570) |
Top MBA Universities in UK
|
University |
QS World Ranking 2025 |
|---|---|
|
Imperial College London |
2 |
|
University of Oxford |
3 |
|
University of Cambridge |
5 |
|
UCL |
9 |
|
The University of Edinburgh |
27 |
Top MBA Specialisations in UK
- General Management
- International Business
- Business
- Finance
- Entrepreneurship
3. Canada
Canada is another top choice for MBA aspirants, thanks to its relatively affordable tuition fees, high-quality business schools, and promising post-grad employment opportunities.
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1-2 years |
|
Tuition fee |
$40,000 (INR 33,41,680) - $80,000 (INR 66,83,370) |
|
Cost of studying |
$50,000 (INR 41,77,100) - $100,000 (INR 83,54,210) |
|
Avg. salary |
$90,000 (INR 75,18,790) |
Top MBA Universities in Canada
|
University |
QS World Ranking 2025 |
|---|---|
|
University of Toronto |
25 |
|
McGill University |
29 |
|
University of British Columbia |
38 |
|
University of Alberta |
96 |
|
University of Waterloo |
115 |
Top MBA Specialisations in Canada
- Finance
- Marketing
- Human Resource
- International Business
- Operations
4. Australia
Australia is a top destination for Indian students seeking an MBA and a great place to settle down. MBA from Australia is worth considering because of its highly-ranked business schools, strong entrepreneurial spirit, and awesome lifestyle.
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1-2 years |
|
Tuition fee |
$35,000 (INR 29,23,970) - $60,000 (INR 50,12,520) |
|
Cost of studying |
$50,000 (INR 41,77,100) - $80,000 (INR 66,83,370) |
|
Avg. salary |
$85,000 (INR 71,01,080) |
Top MBA Universities in Australia
|
University |
QS World Ranking 2025 |
|---|---|
|
The University of Melbourne |
13 |
|
The University of Sydney |
18 |
|
The University of New South Wales (UNSW Sydney) |
19 |
|
Australian National University (ANU) |
30 |
|
Monash University |
37 |
Top MBA Specialisations in Australia
- Finance
- Marketing
- Healthcare Management
- Information Technology
- Entrepreneurship
5. Germany
Germany stands out as one of the best countries for MBA abroad, especially for Indian students, offering cutting-edge technology, extensive research opportunities, and surprisingly affordable tuition fees.
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1-2 years |
|
Tuition fee |
€20,000 (INR 17,88,940) - €40,000 (INR 35,77,880) |
|
Cost of studying |
€30,000 (INR 26,83,410) - €50,000 (INR 44,72,350) |
|
Avg. salary |
€70,000 (INR 62,61,290) |
Top MBA Universities in Germany
|
University |
QS World Ranking 2025 |
|---|---|
|
Technical University of Munich |
28 |
|
Ludwig-Maximilians-Universität München |
59 |
|
Universität Heidelberg |
84 |
|
Freie Universitaet Berlin |
97 |
|
RWTH Aachen University |
99 |
Top MBA Specialisations in Germany
- Entrepreneurship
- Human Resource
- Finance
- Global Management
- International Marketing
6. Singapore
Singapore is a thriving hub for business and innovation, making it one of the top countries to pursue your MBA. Singapore’s MBA program is highly regarded, and its business schools have consistently ranked among the top in recent years.
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1-2 years |
|
Tuition fee |
$40,000 (INR 33,41,680) - $70,000 (INR 58,47,950) |
|
Cost of studying |
$50,000 (INR 41,77,100) - $90,000 (INR 75,18,790) |
|
Avg. salary |
$90,000 (INR 75,18,790) |
Top MBA Universities in Singapore
|
University |
QS World Ranking 2025 |
|---|---|
|
National University of Singapore (NUS) |
8 |
|
Nanyang Technological University, Singapore (NTU Singapore) |
15 |
|
Singapore University of Technology and Design |
440 |
|
Singapore Management University |
585 |
Top MBA Specialisations in Singapore
- Finance
- Marketing
- Strategy and Organisation
- Real Estate
- Luxury Brand Management
7. Spain
An MBA in Spain is a fantastic opportunity to pursue your degree, offering a diverse educational environment that enriches your perspectives and expands your professional network. Whether you opt for a full-time or part-time program, you can complete your MBA in just one year, gaining valuable insights into the competitive global business landscape..
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1-2 years |
|
Tuition fee |
€20,000 (INR 17,88,940) - €40,000 (INR 35,77,880) |
|
Cost of studying |
€30,000 (INR 26,83,410) - €50,000 (INR 44,72,350) |
|
Avg. salary |
€60,000 (INR 53,66,820) |
Top MBA Universities in Spain
|
University |
QS World Ranking 2025 |
|---|---|
|
Complutense University of Madrid |
164 |
|
Universitat de Barcelona |
165 |
|
Universitat Autònoma de Barcelona |
175 |
|
Universidad Autónoma de Madrid |
198 |
|
University of Navarra |
249 |
Top MBA Specialisations in Spain
- Finance
- Marketing
- Strategy and Consulting
- Entrepreneurship
- International Business
8. Netherlands
The MBA in the Netherlands is a top choice for international students seeking a high-quality, affordable, and multicultural study abroad experience. It’s also a great place to launch your career, with many opportunities for international talent.
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1 year |
|
Tuition fee |
€20,000 (INR 17,88,940) - €35,000 (INR 31,30,640) |
|
Cost of studying |
€30,000 (INR 26,83,410) - €50,000 (INR 44,72,350) |
|
Avg. salary |
€70,000 (INR 62,61,290) |
Top MBA Universities in Netherlands
|
University |
QS World Ranking 2025 |
|---|---|
|
Delft University of Technology |
49 |
|
University of Amsterdam |
55 |
|
Utrecht University |
105 |
|
Eindhoven University of Technology |
136 |
|
Leiden University |
141 |
Top MBA Specialisations in Netherlands
- Human Resource
- Marketing
- Information Technology
- Finance
- Travel and Tourism
9. France
France is a pioneer in European MBA education, and it remains a top country for aspiring business leaders. Today, an MBA in France opens doors to many career opportunities and prospects. You’ll have access to some of the world’s most prestigious business schools.
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1-2 years |
|
Tuition fee |
€20,000 (INR 17,88,940) - €40,000 (INR 35,77,880) |
|
Cost of studying |
€30,000 (INR 26,83,410) - €60,000 (INR 53,66,820) |
|
Avg. salary |
€65,000 (INR 58,14,050) |
Top MBA Universities in Netherlands
|
University |
QS World Ranking 2025 |
|---|---|
|
Université PSL |
24 |
|
Institut Polytechnique de Paris |
46 |
|
Sorbonne University |
63 |
|
Université Paris-Saclay |
73 |
|
École Normale Supérieure de Lyon |
187 |
Top MBA Specialisations in Netherlands
- Finance and Digital Banking
- Digital Marketing
- Project Management
- International Business Development
- Travel and Tourism
10. Italy
MBA in Italy is a prime choice for students looking to advance their careers, with numerous universities offering programs entirely in English. Italy's vibrant business environment offers abundant opportunities for students to acquire industry-leading skills and build connections with prestigious brands.
|
Eligibility |
Bachelor's degree, work experience |
|
Exams required |
GMAT/GRE, IELTS/TOEFL |
|
Course duration |
1-2 years |
|
Tuition fee |
€15,000 (INR 13,41,700) - €30,000 (INR 26,83,410) |
|
Cost of studying |
€25,000 (INR 22,36,170) - €45,000 (INR 40,25,110) |
|
Avg. salary |
€55,000 (INR 49,19,580) |
Top MBA Universities in Italy
|
University |
QS World Ranking 2025 |
|---|---|
|
Politecnico di Milano |
111 |
|
Sapienza University of Rome |
132 |
|
Alma Mater Studiorum - Università di Bologna |
133 |
|
Università di Padova |
236 |
|
Politecnico di Torino |
241 |
Top MBA Specialisations in Italy
- Finance and Accounting
- Marketing
- International Business
- Human Resource
- Operations Management
How to Choose the Best Country for MBA Abroad?
Here are some key factors to consider when choosing the best country for studying abroad. These factors can differ for each person.
- The academic reputation and global rankings of the universities offering MBA programs in a particular country should be a primary consideration.
- It's essential to evaluate the financial investment required and ensure that it aligns with your budget and long-term career goals.
- Studying abroad involves immersing yourself in a new cultural environment. Consider whether you are comfortable adapting to the local culture, customs, and language.
- Many countries offer post-study work opportunities for international students, allowing them to gain valuable work experience. This can be a crucial factor if you intend to work in the same country after graduation.
- If you have a particular career focus or interest, it's essential to choose a country and university that excels in that field, providing relevant coursework, internship opportunities, and industry connections.
Average Salaries & Jobs After an MBA Abroad
Completing an MBA from the best countries abroad opens up a wide range of career opportunities across various industries. Here are some top career options to consider:
|
Job Role |
Average Salary (in USD) |
Average Salary (in INR) |
|
Management Consultant |
100,000 - 150,000 |
83,53,430 - 1,25,30,150 |
|
Investment Banker |
120,000 - 180,000 |
1,00,24,120 - 1,50,36,180 |
|
Marketing Manager |
90,000 - 140,000 |
75,18,090 - 1,16,94,800 |
|
Financial Analyst |
80,000 - 120,000 |
66,82,740 - 1,00,24,120 |
|
Product Manager |
110,000 - 150,000 |
91,88,770 - 1,25,30,150 |
From the Desk of Yocket
Choosing the right country for your MBA can be a game-changer for your career. Each of these top destinations offers unique advantages, from world-class education and global networking opportunities to diverse cultural experiences and attractive job prospects. By considering factors such as academic reputation, financial investment, cultural fit, and post-study work opportunities, you can make an informed decision that aligns with your career aspirations.
Streamline your study abroad journey and turn your MBA dreams into reality with Yocket Premium. We have helped more than 10,000 students secure admission to their dream universities. Don't wait—take the first step towards a brighter future today!
