Is there a demand for MBA in the USA?
Yes, there is high demand for MBA graduates in the USA. The job market for MBA graduates is huge in all parts of the world.
Master of Business Administration (MBA) is one of the most sought-after degree programs in the USA and most other countries. The program guarantees a dignified and well-paid job, which is one of the primary reasons behind the course's popularity. The USA has several top-ranked universities that offer MBAs. There are over 500 universities that offer this degree program. It is also estimated that the US is the biggest MBA market in the world, with around 1,25,000 students pursuing the course annually. If you wish to pursue your MBA in the USA and want to know more about the universities, tuition fees, scholarships, career opportunities etc., you can read the blog entirely.
Number of universities |
500+ |
Top specialisations |
Finance, Marketing, IT, Entrepreneurship |
Average annual tuition fees |
USD 50,000 - USD 1,00,000 |
Tests required |
IELTS/TOEFL, GRE/GMAT |
Average salary |
USD 87,000 - USD 2,00,000 |
The USA is one of the most sought-after destinations for MBA studies. The universities offer several specialisations of the program, and there are several cheap universities that you can opt for. Below are a few reasons why the USA is a leading destination for MBA studies.
The USA offers you the option to study MBA in a few forms. It is not strictly limited to a full-time two-year program. The types of MBA programs in the USA are given below.
As mentioned above, you will have a lot of MBA specialisations to choose from. The 500+ universities offer around ten specialisations. They are listed below.
The USA has several leading MBA universities in the world that constantly appear in world university rankings. It will be helpful for you to know about the famous universities, their average tuition fees and their place in the QS World University Rankings. The table below contains all these details. You can use it for your reference.
Name of University |
Name of Business School |
QS Ranking 2023 |
Average Annual Tuition Fee (in USD) |
Stanford University |
Stanford Graduate School of Business |
3 |
USD 76,950 |
Harvard University |
Harvard Business School |
5 |
USD 73,440 |
University of Pennsylvania |
Wharton Business School |
13 |
USD 84,874 |
MIT |
MIT Sloan School of Management |
1 |
USD 80,400 |
Columbia University |
Columbia Business School |
22 |
USD 80,472 |
University of California, Berkeley |
Haas School of Business |
27 |
USD 38,094 |
University of California, Los Angeles |
UCLA Anderson School of Management |
44 |
USD 1,04,954 |
Northwestern University |
Kellogg School of Management |
32 |
USD 78,276 |
Yale University |
Yale School of Management |
18 |
USD 79,000 |
New York University |
Leonard N. Stern School of Management |
39 |
USD 82,326 |
You have to satisfy a few requirements to get admission to an MBA program in the USA. These requirements may vary depending on the university chosen, but most of the criteria described below will remain the same.
There are several universities in the USA that ask for an English Proficiency Test score. Before preparing for any test, ensure that your university has made it compulsory for admission and that it is accepted. The tests that you require to take for English Proficiency are listed below.
The entire admission process for MBA in the USA is divided into three stages. You should know about all the steps and stages in detail to apply them correctly without making any mistakes. The three stages are explained below.
All international students applying for MBA in the USA should submit a few documents. In fact, the number of documents you submit will be more than those asked from domestic students. Below is a document checklist for your reference.
The cost of studying MBA in the USA depends entirely on the university that offers the course. The average cost of studying MBA in the USA ranges from USD 50,000 to USD 1,00,000. Those like the University of California, Los Angeles, charges a tuition fee of USD 1,04,954 per year. On the other hand, California Miramar University has a tuition fee of USD 11,111 per year. The table below shows the cost of studying in some of the affordable universities in the USA.
Name of University |
Average Annual Tuition Fees (in USD) |
Missouri State University, Springfield |
USD 22,900 |
Central Michigan University, Mount Pleasant |
USD 18,745 |
Cameron University, Lawton |
USD 18,393 |
Lamar University, Beaumont |
USD 15,620 |
Saint Mary’s University of Minnesota, Winona |
USD 11,898 |
University of Buffalo, Buffalo |
USD 23,811 |
University of North Carolina, Wilmington |
USD 21,628 |
Kentucky State University, Frankfurt |
USD 18,451 |
Northeastern State University, Tahlequah |
USD 17,549 |
University of South Dakota, Vermillion |
USD 14,106 |
California Miramar University, San Diego |
USD 11,111 |
There are several scholarships that MBA students in the USA can get, depending on their eligibility. These scholarships can be funded by private organisations, universities or the government. They will have different eligibility criteria and scholarship values. They may even cover your entire tuition and living expenses wholly or partially. A few such scholarships are given in the table below.
Name of Scholarship |
Name of University |
Eligibility |
Average Amount (in USD) |
Horace W. Goldsmith Scholarship |
Harvard University |
This is a merit-based scholarship |
USD 10,000 |
McKinsey Award |
MIT Sloan School of Management |
All students of the university are eligible |
USD 10,000 |
Stanford Knight-Hennessy Scholars Program |
Stanford University |
All students of the university are eligible |
Full funding |
Dean’s Scholarship |
Stern School of Business |
It is a merit-based scholarship |
Full funding |
Donald P. Jacobs International Scholarships |
Kellogg School of Management |
This is a merit-based scholarship |
Partial tuition fee cover |
Responsible Business and Community Spirit Scholarship |
UBC Sauder School of Business |
All students of the institution are eligible |
USD 10,000 - USD 60,000 |
Public Healthcare Scholarship |
Imperial College Business School |
It is open to students of all nationalities |
USD 10,000 |
Surrey MBA Scholarship |
University of Surrey |
All students of the university can apply |
Partial funding |
Entrepreneurship Award |
Bayes Business School |
All students of the university can apply |
30% tuition fee cover |
Women in Business Award |
Bayes Business School |
All female students of the institution are eligible |
30% tuition fee cover |
The demand for MBA graduates in several industries has always remained on a high end. With an MBA, you will definitely get a well-paid and dignified job in the USA and the rest of the world. It will be helpful for you to know the jobs and average salaries that MBA graduates can get in the USA. The same is given in the table below.
Job Role |
Average Salary (in USD) |
Financial Consultant |
USD 98,000 |
Senior Marketing Manager |
USD 1,08,000 |
Finance Director |
USD 98,000 |
Senior Product Manager |
USD 1,22,000 |
Product Manager |
USD 1,01,000 |
Finance Manager |
USD 98,000 |
Marketing Director |
USD 1,12,000 |
Financial Analyst |
USD 98,000 |
Senior Data Analyst |
USD 87,000 |
Chief Information Officer |
USD 2,02,000 |
You should have the F-1 student visa to study in the USA. The requirements and criteria are not very rigid. You will easily get your visa approved if you meet all the requirements. It is necessary to start your visa application early so that you get your visa approved on time. The visa processing will take around 3-5 weeks. You can work part-time for up to 20 hours a week during your stay there during your semester.
You can learn more about MBA in the USA, the student visa requirements, the cost of studying in the USA etc., from our blogs. You can even consult counsellors from AECC, who are trained to help you in everything related to studying abroad. Always feel free to contact us whenever you have a doubt because one mistake can cost you much.
Yes, there is high demand for MBA graduates in the USA. The job market for MBA graduates is huge in all parts of the world.
To pursue an MBA in the USA, you must take English Proficiency Tests like IELTS, TOEFL, PTE etc., and subject-specific tests like GRE, GMAT etc.
Yes, international students can work in the USA after their MBA. They should have all the necessary documents like a work permit, work visa etc., to permanently work in the country.
Yes, several scholarships are offered for international students in the USA by some private organisations, universities, the government etc.