10 Best MBA Colleges Abroad: Top Programs, Costs, Admission Process and Application Deadline 2022 Image
MBA: The Why, The Whats & The Hows

10 Best MBA Colleges Abroad: Top Programs, Costs, Admission Process and Application Deadline 2022

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Yocket Editorial Team
7 mins read
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With excellent educational programs, great career opportunities, and handsome salary packages, an MBA abroad is undoubtedly the best choice to set the foundation for a promising future with excellent educational programs, great career opportunities, and handsome salary packages. Keeping in mind the continuous expansion and evolution of different industries, MBA graduates can choose from a broad range of opportunities after completing their courses. Besides, the best MBA colleges abroad also offer international exposure through various training and internship programs to their students. 

In this blog, we have discussed the top 10 MBA colleges abroad along with their rankings, types, programs, fee structure and much more. 

Table of Contents:

  1. Top MBA Colleges Abroad
  2. Admission Process for Best MBA Colleges Abroad
  3. How to Select the Best MBA Colleges Abroad?
  4. Frequently Asked Questions About Best MBA Colleges Abroad

Top MBA Colleges Abroad

An MBA is the most sought-after course by study abroad aspirants. Due to the high demand for the top MBA universities abroad, you must consider the MBA rankings out of other specifications to choose the best college and program. Listed below are the top business schools abroad along with their QS Global MBA Rankings 2022 and application deadlines: 

Business Schools

QS Global MBA Ranking 2022

Admission Deadline 2022

Stanford Graduate School of Business 

1

5 January 2022

12 April 2022

Harvard Business School

2

4 January 2022

28 April 2022

Penn (Wharton)

2

5 January 2022

30 March 2022

HEC Paris

4

1 February 2022

1 March 2022

1 April 2022

1 May 2022

1 June 2022

MIT (Sloan)

5

19 January 2022

12 April 2022

London Business School

6

6 January 2022

25 March 2022

IE Business School

7

23 March 2022

4 May 2022

6 June 2022

6 July 2022

INSEAD

7

6 January 2022

22 February 2022

Columbia Business School

9

5 January 2022

8 April 2022

IESE Business School

10

7 January 2022

21 March 2022

9 May 2022

Suggested: What are the Benefits of Pursuing MBA Abroad?

Now let's dive deeper into the 10 best mba colleges in foreign for international students:


Stanford University, Stanford Graduate School of Business 

Stanford Graduate School of Business tops the list of best MBA colleges abroad. The MBA curriculum here empowers students with the knowledge and skills to lead organizations 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 

$76,950


Harvard University, Harvard Business School

Harvard Business School 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 

$73,440


University of Pennsylvania, Wharton Business School 

Another top MBA college abroad, Wharton Business School offers an intensive and flexible MBA program covering 19 majors and nearly 200 electives. You may customize 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 

MBA

Executive MBA

Average Annual Tuition Fees 

$83,830


HEC Paris

HEC Paris is amongst the best MBA colleges in foreign 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. HEC campus is located just outside Paris and has a remarkable reputation for MBA. An MBA from HEC is custom-designed for young managers with 6 years of work experience.  

Type

Private

Location 

Paris

Programs Offered

MBA 

Executive MBA 

TRIUM Global Executive MBA 

Average Fees Per Year 

$82,725 - $84,967


Massachusetts Institute of Technology, MIT (Sloan)

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 guidance and assistance to take your career to the next level.   

Type 

Private 

Location

Cambridge, USA

Top MBA Programs 

MBA

Executive MBA

Average Annual Tuition Fees 

$76,000 - $134,482


London Business School

Located in the vibrant city of London, London Business school is considered to be one of the top colleges for MBA abroad. The school offers prestigious MBA and EMBA programs in the domains of finance, management science and operations, marketing, organizational behaviour, strategy, and entrepreneurship. The London Business School has a worldwide reputation of producing the best MBA graduates.

Type 

Public 

Location 

London, UK

MBA Programs Offered 

Full-Time MBA

Executive MBA 

Average Fees Per Year 

$101,018 - $112,636


IE Business School

Located at an urban campus in Madrid, IE Business School is amongst another best colleges to do 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

International MBA

Global Online MBA

Tech MBA

Executive MBA

Global Executive MBA

IE Brown Executive MBA

Average Annual Tuition Fees

$65,359 - $78,431


INSEAD 

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 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

MBA

Global Executive MBA

Tsinghua Executive MBA

Average Annual Tuition Fees

$99,373 - $120,165


ESSEC Business School

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 in abroad for MBA for international students, ESSEC Business School specializes 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

Global MBA 

Executive MBA

Average Annual Fees

$51,742 - $53,920


Columbia University, Columbia Business School

An MBA from Columbia Business School 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 

MBA 

Executive MBA

Global Executive MBA

Average Annual Tuition Fees 

$77,376 - $114,240


IESE Business School

Last but not the least we have IESE Business School in our list of 10 best MBA colleges abroad. As a graduate business school under the University of Navarra, IESE is committed to producing business leaders who can make a positive and long-lasting impact on the society and organisations they serve. Apart from MBA it also offers masters in management and other executive education programs.

Type 

Private

Location

Barcelona, Spain

Top MBA Programs 

MBA 

Executive MBA

Global Executive MBA

Average Annual Tuition Fees 

$29,000 - $36,000

Suggested: Best Countries for MBA Abroad


Admission Process for Best MBA Colleges Abroad

Now that you know about the top MBA universities abroad, you should also be aware of the application process. Let us now go through a step by step guide to applying for best colleges to do MBA abroad: 

  1. Finalize the course you want to pursue and check for the best abroad colleges for MBA offering that course.
  2. Visit the official university website and collect all data relating to eligibility and the admission process. 
  3. Upload scanned copies of all the required documents (transcripts, CV, IELTS/TOEFL, GMAT scorecards)
  4. Fill the desired application form and pay the fee.
  5. Go through an interview with the respective university directors. This is a great opportunity to display your soft skills and presence of mind.
  6. Once you receive the conditional offer letter after clearing your interview, you may book your seat at the particular university.
  7. Pay your deposit by agreeing to the terms and conditions of the university. The deposit here is non-refundable.

Suggested: What is the Eligibility Criteria to Study MBA Abroad?


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 MBA abroad or 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

An MBA from the top colleges for MBA abroad is an opportunity to explore the finest areas of business and management. With top-notch facilities and a plethora of programs and specializations, MBA abroad can be a life-changing step to progressing your career. So analyze the information mentioned above and make the best choice. Get in touch with our counselors at Yocket for more guidance and assistance!


Frequently Asked Questions About Best MBA Colleges Abroad

Ques. What is the scope of MBA abroad?

Ans. Pursuing MBA from the top business schools abroad improves your career prospects to a great extent. Graduates from the top MBA colleges abroad find job opportunities in some of the top companies in the world. 

Ques. What are the documents required to study at the top MBA colleges in foreign countries? 

Ans. The most important documents necessary for best colleges in MBA for foreign include:

  • An undergraduate degree
  • GMAT or GRE scorecard 
  • English language proficiency certificate(IELTS, TOEFL, PTE, etc.)
  • Work experience (if applicable)
  • Valid passport and student visa

Ques. Is work experience mandatory to study at best colleges in abroad for MBA?

Ans. All good MBA colleges abroad require work experience of a minimum 2 to 5 years. However, it is not necessary for all MBA colleges and programs. 

Ques. What are the best colleges to study MBA abroad?

Ans. Apart from the ones mentioned above, the other best colleges for MBA in foreign include: 

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