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The top-ranked universities offering quality education and job-oriented curriculum make the US one of the most popular destinations for pursuing a Master of Business Administration (MBA). So, here’s what you must know about MBA courses in the USA and other interesting details.
Key Highlights
MBA is a prestigious post-graduate management degree that equips students with the advanced management knowledge required to make a smooth
transition into the corporate world. The intensive and rigorous curriculum covers business fundamentals and develops leadership, analytical thinking, and
communication skills via case studies, classroom learning, and group projects. Some of the popular specialisations in MBA are Marketing, Finance,
Entrepreneurship, etc. Following graduation, students can either take up jobs or pursue additional study programs such as a PhD.
Also Read: Complete Guide To Study in USA
The two popular MBA programs offered by the US universities are as follows:
The one-year MBA program is specifically designed for experienced professionals looking for career growth. Executive MBA (EMBA) is one of the most popular 1-year MBA courses in America.
Most universities offer a 2-year MBA program that helps students gain in-depth management knowledge before stepping into the corporate world.
Some of the reasons that make the USA an attractive study abroad destination for MBA programs are:
Also Read: MBA in IT in the USA: An interesting guide
As per interests and career goals, students can pursue MBA courses in a variety of specialisations. However, some of the top MBA programs in the USA are mentioned below:
This degree program focuses on developing the skills and knowledge required to recognise the right opportunity and to start, manage and grow new business ventures.
This program offers advanced knowledge of analysing large amounts of data to make sound business decisions and improve business profitability.
An MBA in Operations Management covers aspects of business management such as planning, organising, and supervising the process used in the production of goods and services.
MBA in Hospital Administration equips students with an in-depth understanding of the administration of hospitals, clinics, nursing homes, etc. This program equips students with the skills and knowledge required to pursue careers in the healthcare sector.
It is a popular MBA specialisation that teaches students complex concepts of marketing, including advertising, digital marketing, and customer behaviour.
Also Read: Masters in Management vs MBA: Key differences
Some top-ranked MBA universities in the USA, with their Quacquarelli Symonds (QS) Global MBA Rankings 2024 and The Times Higher Education (THE) Global Rankings 2024 are as follows:
Sr. No. |
Name of the University |
QS Rankings 2024 |
THE Rankings 2024 |
1 |
Stanford Graduate School of Business |
1 |
2 |
2 |
Wharton School of the University of Pennsylvania |
2 |
16 |
3 |
Harvard Business School |
3 |
4 |
4 |
MIT Sloan School of Management |
6 |
3 |
5 |
Columbia Business School |
7 |
17 |
6 |
Kellogg School of Management (Northwestern University) |
12 |
28 |
7 |
Haas School of Business (UC Berkeley) |
13 |
9 |
8 |
Booth School of Business (Chicago University) |
14 |
13 |
9 |
UCLA Anderson School of Management (University of California, Los Angeles) |
15 |
18 |
10 |
Yale School of Management |
16 |
10 |
Also Read: Breakdown of the finances required to pursue an MS in USA
So, if you are planning to enrol in an MBA program from a reputed US university but are facing financial troubles, you can opt for student loans. At Avanse Financial Services, we offer education loans for study abroad purposes with benefits like multiple repayment options, 100% financing, and fast loan sanctions. To know about education loan eligibility criteria and how to use an educational loan EMI calculator, get in touch with us today.
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate +
Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.