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MBA in USA for Indian Students: Universities, Cost & Eligibility

Last updated: Nov 12, 2025

In a course like Master's of Business Administration, it is really important that you study from an institute that has a global reputation and accreditation (e.g., AACSB, EQUIS, AMBA). Why? Because it creates an impact on the value of your degree to future employers. And what is a better place than doing an MBA in USA for Indian students? The United States is home to top institutes like Harvard, Penn, and MIT, and offers the highest ROI as compared to any other place. Learn everything about studying in the USA, from top business schools, living costs, to MBA in USA fees and much more! 

A complete guide on doing an MBA in USA for Indian students | Gradding.com

Table of Contents

MBA in USA Highlights

Before we go into more detail about doing an MBA in USA for Indian students in 2026, below is a general overview of all the MBA details.

HighlightDetails
Total MBA colleges in the USA 650+
MBA course duration in USA
  • 1-2 years (Full-time MBA)
  • 2-3 years (Part-time, Executive MBA)
Top MBA Schools in the USA
  • Penn (Wharton)
  • Harvard Business School
  • MIT (Sloan)
  • Stanford Graduate School of Business
  • Northwestern (Kellogg)
Application RequirementsGMAT/GRE score, undergraduate degree, work experience (not mandatory), personal essays, LOR
MBA fees in USA for Indian students$60,000 - $150,000 for the entire program (depending on the school)
Living Expenses$15,000 - $25,000 per year (depending on location)
Financial Aid/ScholarshipsMerit-based scholarships, assistantships, loans (Federal and Private)
International Student VisaF-1 Visa
Top Specializations
  • Finance 
  • Marketing
  • Strategy
  • Operations
  • Entrepreneurship
  • Consulting
Post-MBA Salary (Average)$115,000 to $125,000 (depending on the role)
Employment Rate (Post-graduation)90-95% employment rate within 3 months of graduation (varies by school)

Eligibility Criteria & Admission Process for MBA in USA for Indian Students

Now let’s take a look at what it takes to qualify for an MBA in USA and how you can apply for top colleges in USA. Just note that the eligibility and admission processes of each university are different from one another. However, there are a few basic requirements which is the same for almost all, and these include:

Eligibility Criteria for MBA in USA

As an Indian student, to study in USA you need to have the following eligibility for studying MBA in a US university:

  • Academic Qualifications: You need a 3 or 4-year undergraduate degree from a recognised university. You also need to have a strong academic record, generally a GPA of 3.0 or 60% - 70%.
  • Standardised Tests: While not all, but most business programs at US universities require you to submit scores of standardised tests like the GRE or GMAT.
  • English Proficiency: To do an MBA in USA for Indian students, they need to submit proof of language proficiency through exams like TOEFL (90 – 100+), or IELTS (6.5 – 7.5).
  • Work Experience: To get admission at a top ranked business school, you also need to have 3 – 4 years of work experience.
  • Resume/CV: You will also need to have a professional resume/CV which lists all your work experience, relevant skills, internships, and any achievements.

Also Read: Top 10 MBA Specializations

Admission Process for MBA in USA

When it comes to the admission process of an MBA in USA for Indian students, it is really important that you first start researching about application rounds and deadlines. There are many programs of 2-year duration of MBA in USA that follow Round 1/Round 2 cycles.

  1. Start by shortlisting all the US business schools based on culture, return on investment, and specialisation.
  2. Check if it requires work experience or not. Many U.S. MBA programs expect some full-time work experience.
  3. Register and sit for required standardised tests like GMAT or GRE, and language proficiency tests like IELTS, PTE, or TOEFL.
  4. Prepare documents. To do an MBA in USA, you will be required to submit the following documents:
  1. Submit all the documents and complete the application process for all the targeted universities.
  2. After submission, some schools will invite you for an interview as part of the selection process.
  3. If you get selected, the university will send you an offer of admission, which you need to accept. Additionally, you will also be required to pay a tuition deposit to confirm your seat.

Note: As an international student who is planning to do an MBA in USA, you must apply early to accommodate visa paperwork.

Top 10 MBA Colleges in the USA

Below is a list of all the top MBA colleges in USA for Indian students, along with their rankings. Check it out:

1. Harvard Business School (Harvard University)

The first on this list of best MBA colleges in USA for Indian students is Harvard Business School, which is highly respected among employers from all around the world. What makes this even more great is that it has an extensive and influential network of alumni, including many Fortune 500 CEOs. Moreover, MBA graduates from Harvard are highly sought after by top companies in consulting, finance, and technology.

Ranking#2 in QS Global MBA Rankings 2026
Fees  $78,700 (9-month costs)
SpecializationMarketing, Strategy, Finance, and Entrepreneurship 

2. Stanford Graduate School of Business

Situated in the heart of Silicon Valley, the Stanford Graduate School of Business has an elite global ranking and provides its students with a strong entrepreneurial ecosystem. As a Stanford MBA graduate, you can get unparalleled access to venture capitalists, tech innovators, and start-up resources like the StartX accelerator program. Moreover, it also has an influential alumni network, which includes names like Mary Barra of GM and Phil Knight of Nike.

Ranking#4 in QS Global MBA Rankings 2026
Fees   $130,746 for whole program
SpecializationEntrepreneurship, Finance, Marketing, Technology, and Social Impact

3. The Wharton School (University of Pennsylvania)

The Wharton School was first established in 1881 and is the first collegiate business school in the world. Ever since it was first established, the college has been providing students with rigorous and data-driven education, with its graduates being sought after by top employers in consulting, finance, and technology, among other industries. In addition to this, the university also has a high placement rate, and it stands at 98%.

Ranking#1 in QS Global MBA Rankings 2026
Fees  $87,970 (Estimated Cost per Year)
SpecializationFinance, Marketing, and Management,

4. MIT Sloan School of Management

The next top university for doing an MBA in USA for Indian students is MIT Sloan School of Management. It is a member of the elite "Magnificent Seven" (M7) business schools and has action learning labs, which help students immerse themselves in real-world business problems. It also has a collaborative culture, which provides MBA graduates with a strong network and a positive learning environment.

Ranking#3 in QS Global MBA Rankings 2026
Fees  $89,000 per year (includes the Sloan program fee)
SpecializationTechnology and Information Systems, Business Analytics and Data Science, Supply Chain and Operations Management

5. Columbia Business School

The Columbia Business School has been consistently ranked in the top 10 business schools in the world. What makes this one of the best MBA colleges in USA for Indian students is that it has a prime location, which provides industry access and gives its graduates opportunities to work in leading firms in consulting, financial services, technology, media, and real estate. Additionally, it has a diverse student body, with at least 46% of its students coming from an international background.

Ranking#7 in QS Global MBA Rankings 2026
Fees   $88,300 for the first year
SpecializationFinance, Marketing, and Strategy

6. Kellogg School of Management (Northwestern University)

The MBA program at the Kellogg School of Management is known for focusing on teamwork and collaboration. The students here work on real-world projects, which helps them build strong interpersonal and leadership skills. Some of the top employers at Kellogg include names like Amazon, Google, Bain, and BCG.

Ranking#9 in QS Global MBA Rankings 2026
Fees  $83,610 per year
SpecializationFinance, Marketing, Strategy, and Managing Organizations.

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

Being a part of the prestigious UC Berkeley campus, the Haas School of Business provides students with experiential learning. It combines rigorous academics with hands-on learning, which allows students to get real-world knowledge. One thing you need to consider is that Haas has a small class size, which contributes to a tight-knit community and a selective admissions process.

Ranking#14 in QS Global MBA Rankings 2026
Fees   $89,033 per year
SpecializationFinance, Marketing, Strategy & Consulting, Entrepreneurship, Technology, and Corporate Social Responsibility. 

8. Chicago Booth School of Business (University of Chicago)

The Chicago Booth is highly prestigious and excellent, one of the top MBA colleges in USA for Indian students and is a part of the elite M7 business schools. One of the defining features of this college is that it provides a high degree of academic freedom to its students. It only has one required course (LEAD - Leadership Effectiveness and Development), and students can customise their courses to align with their career goals.

Ranking#15 in QS Global MBA Rankings 2026
Fees   $84,198 per year
SpecializationFinance, Marketing, Entrepreneurship, Business Analytics, Accounting, And General Management

9. Yale School of Management

With both a strong reputation and ranking, the Yale School of Management is committed to training future leaders and focuses on a diverse and mission-oriented student body. It also has an integrated and global curriculum which uses the “raw” case method to help students learn how to navigate real-world issues. Moreover, as a Yale MBA graduate, you will get access to a powerful and extensive alumni network, which includes former PepsiCo CEO Indra Nooyi and Pinterest co-founder Ben Silbermann.

Ranking#12 in QS Global MBA Rankings 2026
Fees   $88,300 per year
SpecializationAsset Management, Healthcare, And Sustainability

10. NYU Stern School of Business

And the last on this list of colleges for MBA in USA for Indian students is the NYU Stern School of Business. It has a strong reputation for finance, consulting, and media/entertainment, and provides great career outcomes, with its employment rate standing at 84.6%. Lastly, its curriculum integrates emotional intelligence (EQ) and responsible leadership to prepare students for leadership roles.

Ranking#17 in QS Global MBA Rankings 2026
Fees  $86,916 per year
Specialization Entrepreneurship, Global Business, Leadership and Change Management, Management, and Social Innovation and Impact.

Cost of Living in USA for Indian Students

The additional living cost of MBA in USA for Indian students can range anywhere from $15,000 - $30,000 per year. But do note that the total cost of MBA in USA for Indian students highly depends on your university and the city you are living in. Below is a breakdown that can give you a general idea:

Expense Category Average Monthly Cost (USD)
Accommodation$6,000 - $15,000+
Food & Groceries$3,000 - $7,200
Utilities (electricity, internet, phone, etc.)$1,200 - $1,800
Transportation$600 - $1,800
Health Insurance$2,000 - $4,500
Books & Supplies$1,000 - $2,000
Personal & Misc. Expenses$2,000 - $5,000
Estimated Total$15,000 - $30,000+

MBA in USA Jobs & Salaries for Indians

After doing an MBA in USA, Indian students can work in various job roles. Below is a list of job profiles along with their salaries that Indian students can get. Take a look:

Job RoleAverage Salary (USD)
Management Consultant$165,000 - $180,000
Financial Analyst$90,000 - $125,000
Investment Banker$150,000 - $175,000+
Marketing Manager$125,000 - $161,000
Operations Manager$94,000 - $100,000
Project Manager$92,000 - $100,000
Product Manager$94,000 - $125,000
Business Analyst$85,000 - $100,000
Human Resources Manager$95,000 - $110,000
Supply Chain Manager$91,000 - $123,000
General Manager$129,000 - $170,000

Also Read: Top 10 MBA Colleges in the World

MBA Scholarships in USA

Yes, the cost of MBA in USA for Indian students can be really high. However, as an international student, you can avail yourself of some really generous scholarships in the USA for your MBA program. Some popular ones include:

  • Fulbright Foreign Student Program: This is a prestigious and government-funded scholarship that is given to international students who are pursuing master's or PhD degrees in the US. It is fully funded and covers tuition and provides a monthly stipend.
  • Knight-Hennessy Scholars Program: Given to high-achieving graduate students at Stanford University. This is one of the best scholarships for MBA in USA for Indian students, which provides full funding and includes tuition, stipend, and travel.
  • Harvard Business School (HBS) Scholarships: A need-based scholarship which awards approximately $47,000 per year or $93,000 over two years to students.
  • Aga Khan Foundation Scholarship: This scholarship offers 50% to 100% funding to outstanding international students from specific developing countries.

Also Read: MBA in Europe for Indian Students

Conclusion

Summing up, doing an MBA in USA for Indian students can be highly rewarding, mainly because it provides global career opportunities and high ROI. While MBA fees in USA for Indian students can vary depending on the university and location, the long-term benefits often outweigh the cost. But much more than this, it also provides them with 12-month Optional Practical Training (OPT), which can help them work in the USA after their graduation. However, it is not always easy for students to navigate the whole admission process of a US university for an MBA. And to make it simpler, you can take help from study abroad consultants who can assist you every step of the way.

FAQ’s:-

1. How Much Does It Cost to Study an MBA in the USA in Indian Rupees

The average cost of studying an MBA in the USA can be around ₹70 lakhs - ₹1.8 crores for the whole program, depending on the university and city. Below is a breakdown of the average cost per year:

  • Tuition Fees: ₹23 - ₹62 lakhs
  • Living Cost: ₹20 - ₹25 lakhs

2. Why Should Indian Students Choose the USA for an MBA?

Indian students should choose the USA for an MBA because it offers top-ranked universities, world-class education, excellent career opportunities, high-paying job options, and post-study work opportunities. And more than this, it offers high ROI through global networks and enhanced skills.

3. Is Work Experience Mandatory for an MBA in the USA?

While yes, most MBA programs in the USA do require work experience, it is not completely mandatory. It is a common requirement of top-tier business schools, mainly because it can enhance your application and improve your chances of getting selected.

4. What is the Application Timeline for MBA Programs in the USA?

Most U.S. MBA programs have three application rounds:

  • Round 1:September - October
  • Round 2:January - February
  • Round 3:March - April

It’s best to apply in Round 1 or 2 for better chances and scholarship opportunities. Admissions decisions are usually released 4 - 8 weeks after each round.

5. Can I Pursue an MBA in the USA Without GMAT?

Students can pursue an MBA in the USA without GMAT because a lot of US universities offer a GMAT waiver or have made it an optional test. However, the programs that don’t need GMAT typically look for students who can succeed in a rigorous academic environment.

 

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