
If you are dreaming of studying MBA abroad, then America is considered the most popular and favorite country in this direction. Especially among Indian students, there is a lot of attraction about America’s business university. These universities are famous worldwide for good education, best network and great career opportunities. But at the same time, their fees are also very high, so it is very important to have the right information.
According to the recently released Qs Global MBA ranking 2025, many universities in America are included in the top 10. The annual fees for studies in these universities are between about 65 lakh and 77 lakh rupees. The most discussed institutions include Stanford, Harvard, Worton School, MIT Slone and Columbia Business School. Along with studies in these colleges, there is an opportunity for international network and high-salary placement.
However, fees are not the only cost. The cost of living, eating, books, travel and insurance in a country like America is also a lot. Usually, the cost of staying there is from 20 to 30 lakh rupees annually. In this way, there can be a cost of up to Rs 1 crore on doing MBA in a year.
America’s top mba university
Now the question arises that can every student bear so much expense? The answer is – no. But there is no need to be disappointed because there are many government and low fees universities in America which provide MBA in low budget. Some of these institutions are – the University of Georgia, Texas State University, University of Alabama, where the total fees of MBA can be from 10 to 15 lakh rupees.
Apart from this, some institutions do not consider GMAT scores necessary and many universities also give admission on the basis of experience. Students can apply for scholarship, assistantship and other financial assistance, which further reduces their cost.
Some documents are generally mandatory for admission to MBA such as a bachelor’s degree, English language examination (IELTS or toefl), sop (statement of purpose), recommendation letters and resumes. Therefore, it is necessary to keep all these documents ready before the application.
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