Exploring the 10 best MBA colleges abroad for Indian students in 2024 could be a transformative step for your career. These institutions are known for their academic excellence, diverse cultural environments, and strong global networks. This blog highlights top international MBA programs, detailing the tuition fees and other essential information to help you make an informed decision.
Key Highlights of the Blog:
- The best MBA colleges for Indian students include Stanford, Wharton, Harvard, MIT Sloan, Columbia Business School.
- The average tuition fees of these top MBA universities ranges from 49 lakhs to 1.23 crore.
- The return on investment (ROI) for graduates of these top MBA colleges can be as high as 295%.
Discover the 10 best MBA colleges abroad for Indian students in 2024 with Yocket Premium. Get detailed insights into top programs, tuition fees, and exclusive resources. With Yocket Premium, enjoy personalised support and expert guidance to make informed decisions. Start your global MBA journey with us today!
| Table of Content |
Top 10 MBA Colleges in the World for Indian Students
Numerous international students have the goal of pursuing an MBA abroad, but the challenge lies in deciding which nation and university to go to. According to the QS Global MBA Rankings, tabulated below are some of the top universities offering MBA programs, along with information on their locations and annual tuition.
|
QS Global MBA Rankings 2025 |
MBA Colleges |
Location |
Average Tuition Fees per year (INR) |
|---|---|---|---|
|
1 |
USA |
1,13,64,276 |
|
|
2 |
USA |
1,23,79,221 |
|
|
3 |
USA |
1,11,71,692 |
|
|
4 |
UK |
82,90,540 |
|
|
5 |
France |
49,19,000 |
|
|
6 |
USA |
1,17,38,760 |
|
|
7 |
USA |
70,65,950 |
|
|
8 |
Spain |
18,95,890 |
|
|
9 |
USA |
67,36,260 |
|
|
10 |
Singapore |
76,05,000 |
Now let's dive deeper into the 10 best MBA colleges in abroad for Indian students:
1. Stanford University, Stanford Graduate School of Business (USA)
Stanford Graduate School of Business at the Stanford University tops the list of best MBA colleges abroad. The MBA curriculum here empowers students with the knowledge and skills to lead organisations and businesses. It is a two-year full-time program that is delivered on-campus. GSB offers you access to world-class faculty, guest speakers, and industry leaders. You will have a closer view to various global issues in business and management.
|
Type |
Private |
|
Location |
Stanford, USA |
|
Top MBA Programs |
MBA |
|
Average Annual Tuition Fees |
USD 76,950 or INR 65,00,000 |
2. Harvard University, Harvard Business School (USA)
Harvard Business School at Harvard University offers a rich, experience-based MBA curriculum that equips students with general management and leadership skills. An MBA here is a full-time two-year program. Becoming a student at the prestigious HBS is all about joining a global community that fosters valuable learning and career support alongside peers, faculty, and staff guiding your path.
|
Type |
Private |
|
Location |
Boston, USA |
|
Top MBA Programs |
MBA |
|
Average Annual Tuition Fees |
USD 73,440 or INR 60,00,000 |
3. University of Pennsylvania, Wharton Business School (USA)
Another top MBA college abroad, Wharton Business School at UPenn offers an intensive and flexible MBA program covering 19 majors and nearly 200 electives. You may customise your MBA not only by selecting the major and electives of your choice but also the core subjects. The professors at Wharton are highly qualified, and actively engaged in consulting practices with businesses, not-for-profits, and governments around the world.
|
Type |
Private |
|
Location |
Philadelphia, United States |
|
Top MBA Programs |
|
|
Average Annual Tuition Fees |
USD 83,830 or INR 65,00,000 |
4. HEC Paris (France)
HEC Paris is among the best MBA colleges in the world for Indian students, with a history of 130 years of excellence. Till date, it has been continuously attracting students who are highly talented, ambitious, innovative and open-minded. The HEC campus is located just outside Paris and has a remarkable reputation for MBAs. An MBA from HEC is custom-designed for young managers with 6 years of work experience.
|
Type |
Private |
|
Location |
Paris, France |
|
Programs Offered |
|
|
Average Fees Per Year |
USD 82,720 - USD 84,970 or INR 65,00,000 |
5. Massachusetts Institute of Technology, MIT Sloan (USA)
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology. It is one of the best business schools abroad, devoted to its mission of producing innovative leaders and improving the overall business, technology, management, and healthcare fields. The excellent faculty members at MIT (Sloan) provide all the guidance and assistance you need to take your career to the next level.
|
Type |
Private |
|
Location |
Cambridge, USA |
|
Top MBA Programs |
|
|
Average Annual Tuition Fees |
USD 76,000 - USD 134,490 or INR 65,00,000 |
6. London Business School (UK)
Located in the vibrant city of London, London Business School is considered to be one of the top colleges for MBAs abroad. The school offers prestigious MBA and EMBA programs in the domains of finance, management science and operations, marketing, organisational behaviour, strategy, and entrepreneurship. The London Business School has a worldwide reputation for producing the best MBA graduates.
|
Type |
Public |
|
Location |
London, UK |
|
MBA Programs Offered |
|
|
Average Fees Per Year |
USD 101,020 - USD 112,640 or INR 80,00,000 |
Suggested: Jobs and Salary after MBA Abroad
7. IE Business School (Spain)
Located at an urban campus in Madrid, IE Business School is among the best colleges to do an MBA abroad. It comprises a faculty of more than 500 top-notch professors and students from around 128 countries. Apart from offering highly regarded MBAs, the IE Business School also offers graduate degrees in Management, Finance. The multicultural environment is another attractive factor at this European business school.
|
Type |
Private |
|
Location |
Madrid, Spain |
|
MBA Programs Offered |
|
|
Average Annual Tuition Fees |
USD 65,360 - USD 78,430 or INR 65,00,000 |
8. INSEAD (France)
An MBA at INSEAD is a multicultural experience offering life-changing perspectives to over 80 different nationalities through three campuses located in Asia, Europe, and the Middle East. As one of the top MBA colleges in foreign countries, INSEAD works on the ideals of intellectual freedom and rigorous teaching and research. It firmly believes in the dominant role of business as a driving force for improving people's way of life.
|
Type |
Private |
|
Location |
Fontainebleau |
|
Top MBA Programs |
|
|
Average Annual Tuition Fees |
USD 99,370 - USD 120,160 or INR 80,00,000 |
9. ESSEC Business School (Paris, France)
ESSEC Business School offers two types of MBA, namely, Global MBA and Executive MBA as full-time and part-time courses respectively. Being one of the best colleges abroad for MBA for international students, ESSEC Business School specialises in offering practical and soft skills through different training methods, industry certifications or development workshops to launch your career in a grand way.
|
Type |
Private |
|
Location |
Paris |
|
Top MBA Programs |
|
|
Average Annual Fees |
USD 51,740 - USD 53,920 or INR 40,00,000 |
10. Columbia University, Columbia Business School (USA)
An MBA from Columbia Business School at Columbia University grooms students to become a part of the rapidly evolving business world. The advanced curriculum taught by 150 knowledgeable faculty members offers deep insights into specific industries and business genres. This best MBA college abroad has been empowering generations to lead and create opportunities in different sectors for the betterment of society.
|
Type |
Private |
|
Location |
New York, USA |
|
Top MBA Programs |
|
|
Average Annual Tuition Fees |
USD 77,380 - USD 114,240 or INR 80,00,000 |
Suggested: Check out the Top 20 MBA programs worldwide for studying abroad.
Best MBA Colleges Abroad by Specialisations
When studying for an MBA abroad, multinational B-schools offer a wide range of specialties, ranging from the most popular ones in marketing, finance, human resources, supply chain management, and hospitality to unusual ones like sports and entertainment.
Any Specialisation's eligibility, admissions procedure, and duration are similar to those for a regular MBA Abroad. As a result, we have listed the most popular MBA Specialisations alongside the top universities that offer the program overseas, in the table below.
|
MBA Specialisations |
Colleges |
Average Annual Fees (INR) |
|---|---|---|
|
MBA Marketing |
12,64,650 |
|
|
18,86,290 |
||
|
12,96,900 |
||
|
13,91,590 |
||
|
MBA Finance |
15,54,510 |
|
|
29,32,110 |
||
|
20,78,260 |
||
|
MBA Human Resource |
29,66,340 |
|
|
12,42,690 |
||
|
19,16,710 |
||
|
12,96,900 |
||
|
MBA Supply Chain Management |
11,18,080 |
|
|
14,76,320 |
||
|
MBA Project Management |
11,96,580 |
|
|
17,79,800 |
||
|
12,42,690 |
Suggested: Highest Paying MBA Specialisation
Eligibility and Admission Requirements for Top MBA Colleges Abroad
While particular programs and universities can affect the eligibility requirements and supporting documentation needed for MBA programs overseas, there are some general guidelines. Below is a summary of the common ones:
- Academic Background: Nearly all MBA programs require a bachelor's degree from an accredited university. While many programs welcome students from any field, some may prefer applicants with a background in business.
- Work Experience: Candidates for many international MBA programs must have had some job experience, usually between 2-5 years. Through this experience, students can showcase their learned skills, and prove that they can apply what they learn in the classroom practically.
- Standardized Test Scores: The GMAT or GRE, a standardized test that evaluates a student's quantitative, verbal, and analytical writing skills, is required for admission to the majority of MBA programs overseas. For seasoned professionals, certain colleges could also accept the Executive Assessment (EA). Depending on the program, different scores are needed, although try scoring highly to ease your admission.
- English Language Proficiency: As an international student, you need to take an English language competency exam, such as the TOEFL or IELTS. To prove that you have the language proficiency needed to succeed in an MBA school, you must take this test.
Apart from meeting the prerequisites, you must keep the following documents handy before beginning your application process:
- Academic Transcripts
- Standardized Test Scores
- English Proficiency Test Scores
- Resume or CV
- Statement of Purpose
- Letters of Recommendation
- Any Other University Specific Documents
How to Select the Best MBA Colleges Abroad?
Choosing the college or university that offers the best MBA in London can be a confusing task. So, let us first simplify the process of selecting the best business school for an MBA abroad or in any other country by looking at some tips below:
- QS Ranking: The QS World University Rankings speak volumes about universities, their programs, culture, achievements, etc. These rankings offer a fair idea of the overall quality of education and future prospects that you may expect from a specific university or college.
- Tuition Fees: After checking the rankings and the course-related details, do also check the studying costs that the particular university charge. After all, cost is a big factor for all study abroad aspirants, and keeping a track of it beforehand will help you manage your finances better.
- Location: Who doesn’t want to live in the place of their choice while studying at a foreign university? The location of your university plays a vital role in determining the overall experience of studying abroad. Hence, don’t forget to research the place and surrounding areas of your university to avoid any confusion later.
Suggested: Cheapest Countries to Study MBA Abroad
How to Apply for the Best MBA Colleges Abroad?
Applying to top MBA colleges abroad involves a strategic approach to showcase your qualifications and fit for the program. Here’s a streamlined guide to help you with the application process effectively.
- Research Schools: Identify top MBA programs that align with your career goals and interests. For reference you can use sites like QS World Ranking, Times HIgher Education (THE) and etc.
- Prepare Tests: Take required exams like the GMAT or GRE; aim for a high score.
- Gather Documents: Collect transcripts, resume, letters of recommendation, and any required essays.
- Apply Online: Complete and submit applications through each school’s portal or common application platforms.
- Interview: Prepare for and attend interviews if required by the programs.
- Receive Offers: Evaluate admission offers and financial aid options.
- Accept Offer: Choose the program that best fits your goals and accept the offer.
ROI of Top MBA Colleges abroad
Evaluating the ROI (Return on Investment) of top MBA colleges abroad involves analysing how the financial and time investment in these programs translates into long-term career and financial benefits. Here’s a look at the ROI offered by leading MBA programs globally.
Name of the University |
Average Salary |
ROI |
|
USD 189,010 or INR 1.6 Cr |
40.8% |
|
|
USD 160,000 or INR 1.3Cr |
5.02% |
|
|
USD 175,000 or INR 1.5 Cr |
34.3% |
|
|
EUR 99,333 or INR 1.05 Cr |
26.6% |
|
|
USD 100,525 or INR 83 lakhs |
68.7% |
|
|
USD 165,000 or INR 1.4 Cr |
19.3% |
|
|
USD 175,000 or INR 1.5 Cr |
112.4% |
|
|
EUR 82,000 or INR 75 lakhs |
295.2% |
|
|
USD 137,300 or INR 1.15 Cr |
70.8% |
|
|
EUR 99,500 or INR 91 lakhs |
101.4% |
From the Desk of Yocket
In 2024, Indian students seeking an MBA abroad should consider top institutions like Harvard, Stanford, INSEAD, and London Business School, among others. These programs, though costly, offer unparalleled academic excellence, global networking opportunities, and strong career prospects. Balancing the substantial fees with potential career advancements and financial aid options is crucial in making an informed decision.
Confused about choosing an MBA program abroad? Book a free consultancy call to get personalised advice on top schools like Harvard and INSEAD, explore financial aid options, and make the right choice for your career. Schedule your call today!
