Why the United States?
(1) The U.S is the birthplace of the M.B.A and continues to innovate in management education, includes a thorough, rigorous case study driven format with lectures who are not “plain o’l theoreticians” but practicing consultants (Often the MBA will give you exposure to live consulting assignments that not only bring in knowledge but also bring in valuable U.S experience on your resume!)
(2) A U.S degree opens up doors worldwide – other than the U.S itself, you will be recognized in any other country in the world – be it Timbuktu or the UK! Conversely, a degree from say, New Zealand, may carry value in New Zealand but may not be well recognized/immediately recognized beyond New Zealand! That does restrict your choices to the single country! Figures indicate that the United States hosts the most number of international students than any other country in the world. U.S. MBA programs are well recognized and MBA schools in US constantly top world rankings. An MBA degree from a University in US is highly sought-after by employers worldwide.
Which one of the top MBA schools in US should I choose?
To make it simpler for aspirants we have divided the MBA schools in US into four clusters in order of their latest rankings. Depending on various factors such as your GMAT score, professional profile and experience, scholarship goals and other specific-to-you details, you can plan to apply to a given cluster/group.
Top 10 and Ivy Leagues
- Top10: This group includes The University of Chicago (Booth), Harvard University, Northwestern University (Kellogg), University of Pennsylvania (Wharton), University of Michigan (Ross), Stanford University, Columbia University, Duke University (Fuqua), MIT (Sloan), and UC Berkeley (Haas)
- Ivy League Member Institutions: Dartmouth College, Columbia University, Cornell University, Harvard University, Princeton University, University of Pennsylvania and Yale University and Brown University
Top 11 – 30: This group includes Cornell University (Johnson), Dartmouth (Tuck), NYU (Stern), UCLA (Anderson), Indiana University (Kelley), University of Virginia (Darden), UNC – Chapel Hill (Kenan-Flagler), Southern Methodist (Cox), Carnegie Mellon (Tepper), University of Notre Dame (Mendoza), Texas – Austin, Brigham Young (Marriott), Emory University (Goizueta), Yale University, University of Southern California (Marshall), University of Maryland (Smith), University of Washington (Foster), Washington University (Olin), Georgia Tech, and Vanderbilt University (Owen)
Top 30 till ranked: This group includes Arizona State University (Carey), Babson, Boston University, UC Irvine (Merage), University of Connecticut, George Washington University, Georgetown University (McDonough), Illinois at Urbana-Champaign, University of Iowa (Tippie), Michigan State (Broad), University of Minnesota (Carlson), Ohio State University (Fisher), Purdue University (Krannert), Rochester (Simon) and Thunderbird.
Other reputed U.S. Programs Also Considered for Ranking: This group includes American University (Kogod), University of Arizona (Eller), Boston College (Carroll), University at Buffalo, UC Davis, Case Western University (Weatherhead), University of Florida, Florida International University, Fordham University, University of Georgia (Terry), Howard University, University of Miami, Northeastern University, Pennsylvania State University (Smeal), Pepperdine University (Graziadio), University of Pittsburgh (Katz), Rice University (Jones), Rutgers University, University of South Carolina (Moore), Syracuse University (Whitman), University of Tennessee at Knoxville, Texas A&M, Texas Christian University, Tulane University (Freeman), Wake Forest University, William and Mary (Mason), and University of Wisconsin-Madison
What do I need to make it to a top MBA school in US?
The following are key eligibility criteria for applying to top MBA Universities in the US:
- Minimum education criteria of 16 years i.e. four years of education after Junior College/High school
- GMAT score of 650 and onwards
- Good TOEFL score / Essays
- Stable Work Experience with good position/designation/responsibility and salary growth (preferred 2 years+)
- Good/stable/consistently performing academic record
- Really well done and well presented admissions essays, recommendation letters and a US Pattern resume
The whole essence of MBA universities in US preferring aspirants with good prior work experience is that such students can easily apply their experience to the theoretical concepts they meet in the classrooms. As management is no hard science, the most essential quality that all MBA schools in US try to groom students in – is to make right decisions by choosing the best options available. Most top MBA schools in US believe that experienced professionals offer specialized perspectives along with professionalism and maturity to the program. Thus the quality of work experience also matters while your selection in top MBA programs in the US.
What is the process I need to follow?
Your admissions are supposed to get tougher as you go higher up the rankings. In order to get a top MBA school in US, you must have attained strong academic records with high test (GMAT) scores; obtained sufficient financing, developed good command over English and stellar work experience. The admission process is a long one and usually begins quite a few months before you start your MBA program in the US.
Immigration: The Immigration and Naturalization Department (INS) holds the authority to grant you the permission to enter US legally. There are various requirements from good health to your duration of stay etc which needs to be satisfied before your entry into an MBA university in US.
How should I Finance my dream?
One should have a clear idea about the cost he is going to incur for a MBA program in the US beforehand. This is because you are required to prove you have the necessary financial resources in order to obtain an international student visa. The cost can be high but be rest assured that an MBA in US is an investment that will benefit you for the rest of your life. One can apply for scholarships for international students or even international students loan to finance his MBA program in the US.
What after MBA in the US?
The American MBA works as an entry ticket to great companies across the globe. The United States is a diversity driven economy that rewards (a) Hard Work (b) Focus. Assuming that these criteria are met, you will reap the finest rewards for your talents, efforts and investments on American shores.