MBA: The Why, The Whats & The Hows

Top 10 Business Schools in USA for Indian Students in 2025

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Yocket Editorial Team
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For Indian students, the USA remains a top destination for MBA programs. 

In 2023, Indian students made up a whopping 33.7% of the international MBA student group, reflecting a growing trend of choosing US business schools for their quality and career opportunities. With their focus on leadership, innovation, and global business acumen, US MBA programs are designed to help students achieve their highest potential.

An MBA from the USA can open doors to a brighter future, helping you reach your goals and dreams.

Key Highlights:

  • Harvard Business School, Sloan School of Management, and Wharton are some of the top MBA colleges in the USA.
  • The average tuition fee at US B-schools is around USD 78,586 (INR 66.5 Lakh).
  • Stanford University and Harvard University have acceptance rates of 4%, while the University of Pennsylvania has an acceptance rate of 6%.

Table of Contents

Top 10 MBA Colleges in USA for 2025

The table below shows some of the top colleges in the USA for MBA, along with their rankings in the QS Global MBA Rankings 2025 and U.S. News & World Report MBA Rankings for 2023-24. These prestigious MBA universities in the USA offer world-class education and various scholarships for international students.

MBA Universities/B-schools in the USA

QS Global MBA Rankings 2025

Application Deadline

Stanford Graduate School of Business, Stanford University

1

Apr 9, 2025

The Wharton School, University of Pennsylvania

2

Mar 26, 2025

Harvard Business School, Harvard University

3

Apr 2, 2025

Sloan School of Management, MIT University

4

Apr 10, 2025

Columbia Business School, Columbia University

5

Rolling Admissions

Kellogg School of Management, Northwestern University

6

Apr 3, 2025

Haas School of Business, University of California, Berkeley (UC Berkeley)

7

Apr 10, 2025

Anderson School of Management, University of California, Los Angeles (UCLA)

8

April 30, 2025

Booth School of Business, University of Chicago (UChicago)

9

Apr 11, 2025

Yale School of Management, Yale University

10

Mar 15, 2025

Let's understand each US B-school in detail.

1. Stanford Graduate School of Business, Stanford University

Stanford’s MBA program has been ranked  1 in the QS Global MBA since 2021. With a rich cultural history, hands-on learning experience, international exposure, and high returns on investment, pursuing an MBA from Stanford is worth all the investments.

  • Stanford Graduate School offers concentrations in accounting, business analytics, e-commerce, economics, entrepreneurship, ethics, finance, general management, etc.
  • Alumni of Stanford GSB are Jon Abbott, Stephen Adams, Andrew Agwunobi, Javed Ahmed, Herbert M., and many more.
  • The average salary of an MBA graduate after studying MBA at Stanford is around USD 1,75,000 (INR 1,46,13,210).

Stanford University QS Ranking 2025

1

Average fees

USD: 77,840
INR:  65,00,140

Application Deadlines

Round 1: Sep 12, 2024,
Round 2: Jan 4, 2025,
Round 3: Apr 9, 2025

GMAT/GRE Scores

GRE: 340
GMAT: 650+

English language proficiency score

(TOEFL/IELTS)

TOEFL: 100
IELTS: 7

Work experience required

Average 4-5 years

2. The Wharton School, University of Pennsylvania

Wharton's MBA program offers a strong foundation in core business disciplines while allowing students to choose from 19 majors and nearly 200 electives to tailor their studies to their interests and career goals.

  • Wharton School offers concentrations in accounting, business analytics, real estate, marketing, entrepreneurship, etc.
  • Alumni of Wharton are Sundar Pichai, Elon Musk, Donald Trump, John Sculley, Alex Gorsky, Anil Ambani, Karthik Reddy, and many more.
  • The average salary of an MBA graduate after studying MBA at the University of Pennsylvania is around USD 165,000 (INR 1,37,71,900).

The University of Pennsylvania QS Ranking 2025

2

Average fees

USD: 83,828
INR: 70,00,180

Application Deadlines

Round 1: Sep 6, 2024, 
Round 2: Jan 5, 2025, 
Round 3: Mar 26, 2025

GMAT/GRE Scores

GMAT: 733
GRE: 324

English language proficiency score

(TOEFL/IELTS)

TOEFL: 80
IELTS: 6.5

Work experience required

Average 5 years

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3. Harvard Business School, Harvard University

An HBS MBA program is a prestigious credential that can open doors to senior leadership positions. The program equips you with the expertise and experience to excel in various industries. HBS exposes students to diverse viewpoints and prepares them to operate in a globalized business environment, by conducting debates pioneering case study methods.

  • HBS offers concentrations in accounting, business analytics, consulting, e-commerce, economics, entrepreneurship, ethics, finance, general management, health care administration, etc.
  • Alumni of HBS are Henry Paulson, Sheryl Sandberg, Jim Koch, Michael Bloomberg, and many more.
  • The average salary of an MBA graduate after studying MBA at Harvard is around USD 1,75,000 (INR 1,46,13,210).

Harvard University QS Ranking 2025

3

Average fees

USD: 73,050
INR: 61,00,140

Application Deadlines

Round 1: Sep 7, 2024,
Round 2: Jan 3, 2025,
Round 3: Apr 2, 2025

GMAT/GRE Scores

GMAT: 730

English language proficiency score

(TOEFL/IELTS)

TOEFL: 109
IELTS: 7.5

Work experience required

Min. 24 months

4. Sloan School of Management, MIT University

One of the most prominent MBA universities in the USA is MIT Sloan School of Management, and earning an MBA from there can help you establish a solid reputation and demand. With a special emphasis on entrepreneurship and innovation, Sloan's MBA program equips students with the know-how and abilities needed to propel ideas to excel in their fields.

  • MIT offers concentrations in accounting, business analytics, entrepreneurship, ethics, finance, general management, health care administration, etc.
  • Alumni of Sloan are Magid Abraham, Duane Ackerman, Kofi Annan, and many more.
  • The average salary of an MBA graduate after studying MBA at Sloan is around USD 1,75,000 (INR 1,46,13,210).

MIT QS Ranking 2025

6

Average fees

USD: 82,630
INR: 69,00,140

Application Deadlines

Round 1: Sep 25, 2024,
Round 2: Jan 17, 2025,
Round 3: Apr 10, 2025

GMAT/GRE Scores

GMAT: 70
GRE: 310

English language proficiency score

(TOEFL/IELTS)

TOEFL: 90
IELTS: 7

Work experience required

Average 5 years

5. Columbia Business School, Columbia University

Columbia’s MBA program is one of the recognized MBA colleges in the USA for providing exceptional business education. It offers a full-time MBA program designed to be completed in either 20 months (with a summer internship) or 16 months (without a summer internship).

  • The program combines a strong core curriculum in areas like finance, accounting, marketing, and leadership with a wide range of elective courses that allow students to specialize in specific industries or functional areas. 
  • The average salary of an MBA graduate after studying MBA at Columbia is around USD 1,75,000 (INR 1,46,13,210).

Columbia University QS Ranking 2025

7

Average fees

USD: 83,828
INR: 70,00,180

Application Deadlines


Rolling Admissions
(Apply Anytime Before Deadlines Close)

GMAT/GRE Scores

GMAT: 730
GRE: 326

English language proficiency score

(TOEFL/IELTS)

TOEFL: 105
IELTS: 7.5

Work experience required

3 - 7 years

6. Kellogg School of Management, Northwestern University

The MBA program at Northwestern University will prepare you for leadership roles in the business world.  This MBA college in the USA is known for offering opportunities for experiential learning such as the Private Equity Lab, which provides internships with businesses, and the Growth Strategy Practicum, which lets students investigate the difficulties faced by growth-stage companies.

  • MBA candidates at Kellogg can select from varied majors - such as accounting, finance, or marketing - as well as a "pathway" that allows them to concentrate on a certain industry or skill set. Recently added pathways include Diversity, Equity and Inclusion, Technology Management, and Energy and Sustainability.
  • Alumni of Kellogg are Donald Jacobs, Keith Sherin, Ann Fudge, and many more.
  • The average salary of an MBA graduate after studying MBA at Kellogg is around USD 1,64,000 (INR 1,36,94,660).

Northwestern University QS Ranking 2025

12

Average fees

USD: 73,050 - 1,06,581
INR: 61,00,140 - 89,00,210

Application Deadlines


Round 1: Sep 13, 2024,
Round 2: Jan 10, 2025,
Round 3: Apr 3, 2025

GMAT/GRE Scores

GMAT: 729

English language proficiency score

(TOEFL/IELTS)

TOEFL: 95
IELTS: 7.5

Work experience required

At least 2 years

 

7. Haas School of Business, University of California, Berkeley (UC Berkeley)

The MBA program at Berkeley is one of the best MBA colleges in the USA for international students interested in innovation, entrepreneurship, and sustainability.  The Haas alumni network offers valuable connections and career opportunities. The school also offers personalized career services to help you land your dream job post-graduation.

  • The school's highly selective two-year MBA program enrolls 500+ students, with 14+ required courses in the core curriculum that build upon one another to foster essential analytical and leadership skills like finance, marketing, and accounting.
  • Alumni of HaaS are Donald Fisher, John Hanke, and many more.
  • The average salary of an MBA graduate after studying MBA at the University of California is around USD 155,000 (INR 1,29,43,120).

University of California – Berkeley QS Ranking 2025

13

Average fees

USD: 26,346 - 80,235
INR: 22,00,060 - 67,00,140

Application Deadlines


Round 1: Sep 21, 2024,
Round 2: Jan 4, 2025,
Round 3: Apr 10, 2025

GMAT/GRE Scores

GMAT: 733
GRE: 324

English language proficiency score

(TOEFL/IELTS)

TOEFL: 90
IELTS: 7

Work experience required

Minimum 2 years

8. Booth School of Business, University of Chicago

A highly esteemed degree and an MBA program from the University of Chicago Booth School of Business can lead to substantial advantages and promising employment opportunities. Booth places a great focus on entrepreneurship, giving you the knowledge and abilities to start or run creative businesses.

  • MBA candidates at Chicago can select from varied majors - such as consulting, finance, technology, healthcare, and many more.
  • Alumni of Chicago are George Conrades, Peter Labore, Mark Loughridge, and many more.
  • The average salary of an MBA graduate after studying for an MBA at Booth is around USD USD 180,000 (INR 1,46,06,660).

University of Chicago QS Ranking 2025

14

Average fees

USD: 49,100 - 76,642
INR: 41,00,170 - 64,00,110

Application Deadlines


Round 1: Sep 21, 2024,
Round 2: Jan 4, 2025,
Round 3: Apr 11, 2025

GMAT/GRE Scores

GMAT: 728

English language proficiency score

(TOEFL/IELTS)

TOEFL: 104
PTE: 70

Work experience required

3 years

9. Stern School of Business, New York University

An MBA from New York University has consistently made its place among the top global universities. International students prefer this course at New York University due to its high graduate employability rate.

  • MBA candidates in New York can select from varied majors - such as consulting, accounting, business analytics finance, technology, and many more.
  • The average salary of an MBA graduate after studying MBA in New York is around USD USD 170,000 (INR 1,41,95,690).

New York University QS Ranking 2025

15

Average fees

USD 81,430
INR 67,99,930

Application Deadlines


Round 1: Oct 15, 2024,
Round 2: Jan 15, 2025,
Round 3: Mar 15, 2025

GMAT/GRE Scores

GMAT: 733
GRE:325

English language proficiency score

(TOEFL/IELTS)

TOEFL: 100
IELTS: 7.5

Work experience required

Average 5 years

10. Yale School of Management, Yale University

An MBA from Yale School of Management (SOM) can offer several advantages for your career and personal development. A global perspective is embedded throughout the program, culminating in a Global Network Week experience. This exposure prepares you for success in the international business landscape.

  • Yale offers concentrations in leadership, behavioral economics, operations management, marketing, entrepreneurship, organizational behavior, etc.
  • Alumni of Yale are Bradley Abelow, Chidi Chike Achebe, Peter H. Ammon, Tom Ascheim, Beth Axelrod, and many more.
  • The average salary of an MBA graduate after studying MBA at Yale is around USD 1,60,000 (INR 1,33,60,650).

Yale University QS Ranking 2025

16

Average fees

USD: 45,506 - 81,433
INR: 38,00,040 - 68,00,180

Application Deadlines


Round 1: Sep 15, 2024,
Round 2: Jan 5, 2025,
Round 3: Mar 15, 2025

GMAT/GRE Scores

GMAT: 720
GRE: 320

English language proficiency score

(TOEFL/IELTS)

TOEFL: 100
IELTS: 7

Work experience required

Average five years

Acceptance Rate of Top MBA Colleges in the USA

The table below shows the acceptance rate of the top universities for MBA in USA. It also shows the average GPA required to secure admission for MBA in USA.

MBA Universities in USA

Acceptance Rate

Average GPA

MIT

4%

3.88

Stanford University

4%

3.76

University of Pennsylvania

6%

3.6

University of California – Berkeley Campus

15%

3.0 or more

Harvard University

4%

3.7

Columbia University

6%

3.6

Yale University

5%

3.69

Northwestern University

7%

3.7

University of Chicago

6%

3.6

New York University

27%

3.62

Suggested: What is the Cost of an MBA in the USA for Indian Students?

What is the Cost of Studying at Leading B-schools of the USA?

When considering an MBA in the United States, understanding the costs involved is crucial. Tuition fees and living expenses can vary significantly between universities. Below is a breakdown of the first-year tuition fees and approximate living costs for some of the top MBA universities in the USA:

MBA Colleges in USA

1st-Year Tuition Fee

Living Cost (Approximate)

MIT

USD 82,630 

INR 69,00,000

USD 29,938

INR 25,00,000

Stanford University

USD 77,840

INR 65,00,000

USD 37,123

INR 31,00.000

University of Pennsylvania

USD 83,828

INR 70,00,000

USD 32,333

INR 27,00,000

University of California – Berkeley Campus

USD 26,346 - USD 80,235

INR 22,00,000 - INR 67,00,000

USD 32,333

INR 27,00,000

Harvard University

USD 73,050

INR 61,00,000

USD 40,720

INR 34,00,000

Columbia University

USD 83,828

INR 70,00,000

USD 16,765

INR 14,00,000

Yale University

USD 45,506 - USD 81,433

INR 38,00,000 - INR 68,00,000

USD 9580

INR 8,00,000

Northwestern University

USD 73,050 - USD 1,06,581

INR 61,00,000 - INR 89,00,000

USD 34,728

INR 29,00,000

University of Chicago

USD 49,100 - USD 76,642

INR 41,00,000 - INR 64,00,000

USD 25,148

INR 21,00,000

New York University

USD 1,06,581

INR 68,00,000

USD 37,123

INR 31,00.000

Suggested: What is the Salary for an MBA in the USA?

How to Choose the Right College for an MBA in USA?

Choosing the right MBA program in the USA is a big decision, and there are many factors to consider. Here are some key things to think about!

From the Desk of Yocket

Getting into the top business schools in the US is not a piece of cake, especially because of the highly competitive acceptance rates. You need to be an early bird and build a strong application to get considered for admission. Moreover, knowing the hows and whens of university, visa, and scholarship application deadlines is of utmost importance.

If you feel overwhelmed with all these responsibilities, our Yocket experts are here to share them! Get end-to-end and personalized assistance for scholarships and university applications. Moreover, stay up-to-date with every deadline while you prepare for the necessary standardized exams for an MBA in the US! Schedule A FREE Video Consultation Call Today!

Frequently Asked Questions on Best MBA Colleges in USA

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Why should I study MBA in USA?

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What is the average cost of studying for an MBA in the USA?

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