An MBA in USA is a popular choice for Indian students seeking a bright future. In 2023, Indian students made up about 33.7% of the international MBA cohort, a 5% increase from 2022. Top MBA colleges in the USA include Harvard Business School, Sloan School of Management, and Wharton which come with tuition fees ranging from USD 59,996 to 119,992 (INR 50,00,000 to 1,00,00,000). Despite these costs, the investment can be worthwhile due to the quality of education and career prospects.
Key Highlights of the Blogs:
- Top MBA Colleges in USA: Harvard Business School, Sloan School of Management, and Wharton
- Tuition Fees: Stanford University - USD 77,840 (INR 65,00,140), Harvard University - USD 83,828 (INR 70,00,180), University of Pennsylvania - USD 73,050 (INR 61,00,140)
- Acceptance Rates: Stanford University - 4%, Harvard University - 4%, University of Pennsylvania - 6%
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Table of Contents |
10 Best MBA Colleges in the USA: QS Global Rankings 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 in the USA |
QS Global MBA Rankings 2025 |
U.S. News & World Report MBA Rankings for 2023-24 |
---|---|---|
MIT |
1 |
5 |
Harvard University |
4 |
6 |
Stanford University |
6 |
1 |
University of Pennsylvania |
11 |
1 |
University of California – Berkeley Campus |
12 |
7 |
University of Chicago |
21 |
3 |
Yale University |
22 |
7 |
Columbia University |
34 |
12 |
UCLA |
42 |
19 |
University of Michigan |
44 |
12 |
Northwestern University |
50 |
3 |
Top 10 MBA Universities in USA: Ranking,Fees & Admission Requirements
An MBA is a competitive program with several requirements for admission to a top-ranked university. Whether it is a holistic student profile or work experience of 3-5 years, you will need an all-rounded profile that demonstrates your commitment to learning. Here, we will discuss the top MBA colleges in the USA and their admissions requirements:
1. 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).
1 |
|
Average fees |
USD: 77,840 INR: 65,00,140 |
GMAT/GRE Scores |
GRE: 340 GMAT: 650+ |
English language proficiency score (TOEFL/IELTS) |
TOEFL: 100 IELTS: 7 |
Work experience required |
Average 4.9 years |
2. University of Pennsylvania(Wharton)
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).
2 |
|
Average fees |
USD: 83,828 INR: 70,00,180 |
GMAT/GRE Scores |
GMAT: 733 GRE: 324 |
English language proficiency score (TOEFL/IELTS) |
TOEFL: 80 IELTS: 6.5 |
Work experience required |
Average 5 years |
3. 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).
3 |
|
Average fees |
USD: 73,050 INR: 61,00,140 |
GMAT/GRE Scores |
GMAT: 730 |
English language proficiency score (TOEFL/IELTS) |
TOEFL: 109 IELTS: 7.5 |
Work experience required |
Min. 24 months |
4. MIT
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).
6 |
|
Average fees |
USD: 82,630 INR: 69,00,140 |
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 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).
7 |
|
Average fees |
USD: 83,828 INR: 70,00,180 |
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. 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).
12 |
|
Average fees |
USD: 73,050 - 1,06,581 INR: 61,00,140 - 89,00,210 |
GMAT/GRE Scores |
GMAT: 729 |
English language proficiency score (TOEFL/IELTS) |
TOEFL: 95 IELTS: 7.5 |
Work experience required |
At least 2 years |
7. University of California – Berkeley Campus
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).
13 |
|
Average fees |
USD: 26,346 - 80,235 INR: 22,00,060 - 67,00,140 |
GMAT/GRE Scores |
GMAT: 733 GRE: 324 |
English language proficiency score (TOEFL/IELTS) |
TOEFL: 90 IELTS: 7 |
Work experience required |
Minimum 2 years |
8. 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).
14 |
|
Average fees |
USD: 49,100 - 76,642 INR: 41,00,170 - 64,00,110 |
GMAT/GRE Scores |
GMAT: 728 |
English language proficiency score (TOEFL/IELTS) |
TOEFL: 104 PTE: 70 |
Work experience required |
3 years |
9. 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).
15 |
|
Average fees |
USD 81,430 INR 67,99,930 |
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 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).
16 |
|
Average fees |
USD: 45,506 - 81,433 INR: 38,00,040 - 68,00,180 |
GMAT/GRE Scores |
GMAT: 720 GRE: 320 |
English language proficiency score (TOEFL/IELTS) |
TOEFL: 100 IELTS: 7 |
Work experience required |
Average five years |
Check out our YouTube video on: How to get into NYU for MBA?
Best MBA Colleges in USA: Acceptance Rate
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 Top MBA Colleges of 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!