Cheap MBA Colleges in USA for Indian Students

Cheapest MBA in USA: It is no secret that MBA from USA can be a golden ticket to fortune and career success. However, at the same time, if you want to attend one of the top US business schools, you might end up paying USD 100,000 in tuition. Although the subsequent advantages may seem to justify these costs, they are still as much a financial burden, and also unaffordable for many aspiring international students.

The cheapest MBA courses in USA might lead to you disbelieving their credibility, however, they can provide skills and opportunities as good as the top programs. Moreover, many international students who believe an MBA in USA is too high a price for can now pursue their dream.

To give a quick idea, the average annual tuition fee for a top MBA in USA is USD 55,700-161,800 while the cheapest MBA colleges in USA charge no more than USD 31,000. Let us now get a better insight into the MBA programs in USA that do not force students to shell out their hard-earned money.

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Advantages of MBA in USA

MBA in USA can prove highly beneficial for international students. It is one of the most elite masters courses in the world. The omnipresent need for MBA graduates among profit-making organisations (public or private) makes MBA all the more desirable and beneficial. Moreover, as an MBA graduate from top MBA USA universities, international students could unlock certain advantages which are:

High Employability

Students graduating from MBA colleges in USA are considered highly employable. In fact, most of the B-schools in USA have an employability rate of over 60%, which means, that over 60% of graduates are considered to be skilled enough to promptly take up responsibilities of varying job profiles relevant to business and management.

Gain Practical Experience

The total duration of MBA in USA is 18-24 months which is inclusive of 6-12 months of practical experience. Practical training is a highly experimented with and approved method in almost all US colleges, however, in the case of masters and doctoral curricula, it is included compulsorily as part of the program. International students through their practical experience learn about the actual working of the industry and the application of business administration and management concepts to real-life situations.

Global Acceptance

International students who complete their MBA in USA are free to pursue their careers in any part of the world. US MBA programs are considered so highly qualified and skilled that the graduates enjoy global acceptance. They can settle in any country of their own choice, including the US, UK, Australia, Canada, etc., and pursue a great career with proper remunerations and growth.

Lucrative Remunerations

The remunerations offered to graduates of MBA graduates from the US are as high as USD 150,000 annually, with a minimum annual starting salary of USD 60,000. With the high demand for MBA graduates in the USA, international students will almost never have to accept a lower remuneration package for their elite skills.

Steep Career Trajectory

Almost all masters courses in the US have a reputation for lending a steep career growth curve to graduates. The annual salary offered doubles and the job profiles become more important in an organisations hierarchy. MBA in USA is one of the most elite graduate courses. It is the course that provides the steepest career growth to international students. In fact, MBA graduates from US universities are the highest salaried professionals on a payroll.

Consultation Practice

International students graduating with MBA in USA can freely choose to set up their own consulting firm or freelance their skills for organisations and other clients. The financial return for them is still going to be extremely high, in fact easily over USD 70,000 even in their first year.

Cheapest MBA Colleges in USA for Indian Students

The tuition fees for the cheapest MBA colleges in USA for Indian students start from USD 9,000 and peak at USD 32,500. Even at the peak, the tuition fees charged by these colleges remain lower by at least USD 25,000 than the average tuition fees for MBA in USA.

While the average tuition fees of MBA colleges in USA range between USD 55,700-161,800, these colleges can prove to be quite better and affordable for international students who cannot burden themselves with heavy educational debts. So, let us have a look at some of the cheapest MBA in USA along with their annual tuition fees:

Entry Requirements for Courses for MBA in USA

For international students who want to study MBA in USA, these are the eligibility requirements they need to meet:

• GPA: Overall GPA in past academics is an important requirement to apply to the cheapest MBA in USA. MBA colleges in USA generally require a GPA (on a 4.0 scale) of 2.5-3.5.

• GMAT: GMAT scores are also highly common among MBA colleges in USA. As colleges are going test blind or allowing alternatives to GMAT scores, it has become possible to pursue MBA in USA without GMAT. However, students are advised to present their GMAT scores if they can, as it can will make the admission process easier.

• GRE: GRE scores are used by MBA colleges in USA as an alternative to GMAT scores. In the case of test blind MBA colleges, both tests can be done away with.

• English Proficiency Tests: MBA colleges in USA expect international students to submit English proficiency test scores of IELTS, TOEFL, PTE, or Duolingo. The minimum requirement ranges from IELTS 6.0-7.0 bands or equivalent scores in other tests.

• MBA SOP: An MBA SOP may or may not be stated as a requirement, however, students are advised to include it irrespective of the clear intentions of the MBA college in USA. It is an important factor in getting successful admission to MBA colleges in USA.

• Application Essay: Even the cheapest MBA colleges in USA ask specific questions prompt from international applicants. These question prompts or MBA essay prompts are considered part of admission applications, and affect the admissions decision significantly.

• LORs: MBA colleges in USA ask international students for at least two or three Letters of Recommendation. These are known to strengthen the credibility of applicants.

• Work Experience: Work experience certificates are acceptable at MBA colleges in USA. Although students can apply for MBA in USA without work experience, they are advised to include even part-time work experience, if relevant.

Popular Specialisations for Courses in MBA in USA

There are many MBA specialisations that can be applied for by international students to study MBA in USA. While applying to the cheapest MBA colleges in USA, students must ensure that the b-school is offering their desired specialisation. Here are some of the most popular MBA specialisations which can be applied by international students:

Cost of Living in USA for International Students

Life as an international student in USA includes not only educational but also other living costs. International students need to pre-budget their life so that they can properly manage their finances in a foreign country. Here are some of the living costs faced while living in USA as an international student:

Job Opportunities After Courses in MBA in USA

International students can apply for various job profiles after completing their MBA in USA. These job opportunities can be sought in the home country or even in the USA.

Students can apply for a Post Study Work Visa to stay back and work in USA. They can extend their stay back period to two years post practical training. Here are some of the most popular job profiles that international students can apply for after MBA in USA along with their average annual salaries:

Source: Glassdoor.com & Indeed.com

Applying to the cheapest MBA colleges in USA will not only help students in reducing their financial burden but will also allow them to subscribe to the same advantages as the leading business schools in the country. The USA is known as a land of opportunities, which students can unlock by studying MBA in USA and eventually migrating to the country. Alternatively, students can come back to the best opportunities available in their home country or move to other countries as well.

You can write to us at abroad@collegedekho.com for personalised consultation and assistance regarding studying MBA abroad.