{"id":49557,"date":"2022-11-17T18:56:11","date_gmt":"2022-11-17T13:26:11","guid":{"rendered":"https:\/\/ischoolconnect.com\/blog\/?p=49557"},"modified":"2025-05-28T15:47:40","modified_gmt":"2025-05-28T10:17:40","slug":"colleges-for-mba-abroad-for-indian-students-in-your-budget","status":"publish","type":"post","link":"https:\/\/ischoolconnect.com\/blog\/colleges-for-mba-abroad-for-indian-students-in-your-budget\/","title":{"rendered":"MBA abroad for Indian students | Colleges in budget"},"content":{"rendered":"\n<h2 id=\"mba-programs-abroad\" class=\"wp-block-heading\">MBA programs abroad<\/h2>\n\n\n\n<p>Every student&#8217;s dream is to study an MBA abroad, and nothing beats overseas countries offering affordable MBA programs. According to a 2020 Graduate Management Admission Council (GMAC) survey, 81% of Indian students want to study abroad in 2022, up from the previously recorded 76%. The United States, Australia, Canada, and New Zealand are among India&#8217;s top choices for an MBA. Continue reading to learn about some of the best colleges for MBA abroad for Indian students.<\/p>\n\n\n\n<div data-tf-widget=\"IjbW9gc8\" data-tf-iframe-props=\"title=How to build a strong graduate profile\" data-tf-medium=\"snippet\" data-tf-hidden=\"utm_source=ORGANIC_SEARCH,utm_medium=Blog,utm_campaign=colleges-for-mba-abroad-for-indian-students-in-your-budget,hubspot_utk=xxxxx,hubspot_page_name=xxxxx,hubspot_page_url=xxxxx\" style=\"width:100%;height:400px;\"><\/div><script src=\"\/\/embed.typeform.com\/next\/embed.js\"><\/script>\n\n\n\n<h2 id=\"why-do-students-choose-to-study-mba-abroad\" class=\"wp-block-heading\">Why do students choose to study MBA abroad?<\/h2>\n\n\n\n<p>An MBA is among the most popular degrees among students aspiring to be top-tier corporate executives. There is a lot of regard for management studies for their high ROI and relevance in today&#8217;s globalized society. Students can choose and seek admission at various MBA colleges abroad, ranging from the lowest fees to the multiple domains covered.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100\"><a class=\"wp-block-button__link has-vivid-cyan-blue-color has-cyan-bluish-gray-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/ischoolconnect.com\/blog\/best-german-public-universities-for-mba\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more: Top 10 Public Universities in Germany for an MBA<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 id=\"tuition-fees\" class=\"wp-block-heading\">Tuition fees<\/h3>\n\n\n\n<p>Let\u2019s take a look at the tuition fees for studying MBA in several countries abroad-<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Country&nbsp;<\/td><td>Average tuition fees for international students per annum<\/td><td>Average tuition fees for international students per annum (in INR)<\/td><\/tr><tr><td>Australia&nbsp;<\/td><td>39,000 AUD<\/td><td>22,18,162<\/td><\/tr><tr><td>Canada&nbsp;<\/td><td>30,000 CAD&nbsp;<\/td><td>18,19,567<\/td><\/tr><tr><td>New Zealand&nbsp;<\/td><td>31,000 NZD&nbsp;<\/td><td>16,31,884<\/td><\/tr><tr><td>UK&nbsp;<\/td><td>5,000 EUR&nbsp;<\/td><td>4,19,727<\/td><\/tr><tr><td>US&nbsp;<\/td><td>10,000 USD&nbsp;<\/td><td>7,59,536<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"colleges-to-pursue-mba-abroad-for-indian-students\" class=\"wp-block-heading\">Colleges to pursue MBA abroad for Indian students<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"500\" height=\"333\" src=\"https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/best-college.jpg\" alt=\"mba abroad for indian students\" class=\"wp-image-49564\" srcset=\"https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/best-college.jpg 500w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/best-college-300x200.jpg 300w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/best-college-345x230.jpg 345w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/best-college-370x247.jpg 370w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/best-college-440x294.jpg 440w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/best-college-170x113.jpg 170w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><figcaption class=\"wp-element-caption\">Many MBA programs abroad have low tuition fees.<\/figcaption><\/figure><\/div>\n\n\n<h3 id=\"the-memorial-university-of-newfoundland-canada\" class=\"wp-block-heading\">The Memorial University of Newfoundland, Canada<\/h3>\n\n\n\n<p>Memorial University of Newfoundland (MUN) ranks as one of Canada&#8217;s top MBA colleges abroad. MUN is the most economical university in Canada for international students. The Memorial University of Newfoundland provides courses at low tuition fees and incorporates consistent training techniques. This university has four campuses, St. John&#8217;s, Grenfell, Signal Hill, and Harlow. It offers a wide range of academic programs in an urban setting. The university is regarded as one of the best <a href=\"https:\/\/ischoolconnect.com\/blog\/which-are-the-best-countries-for-mba\/\" target=\"_blank\" rel=\"noreferrer noopener\">MBA<\/a> colleges worldwide.<\/p>\n\n\n\n<p><strong>QS world ranking 2022- <\/strong>Under 800<\/p>\n\n\n\n<p><strong>QS subject ranking 2022- <\/strong>601-800<\/p>\n\n\n\n<h2 id=\"programs\" class=\"wp-block-heading\">Programs&nbsp;<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>MBA in Social Enterprise and Entrepreneurship<\/li>\n\n\n\n<li>Master of Science (M.Sc.) in Management<\/li>\n\n\n\n<li>Master of Employment Relations (MER)<\/li>\n<\/ul>\n\n\n\n<h3 id=\"annual-tuition-fees-for-international-students\" class=\"wp-block-heading\">Annual tuition fees for international students<\/h3>\n\n\n\n<p>CAD 4, 833 or INR 2,93,132<\/p>\n\n\n\n<h3 id=\"scholarships\" class=\"wp-block-heading\">Scholarships&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Faculty Of Business Administration MBA Entrance Scholarships<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Faculty Of Business Administration MBA Indigenous Entrance Scholarship<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-2 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100\"><a class=\"wp-block-button__link has-vivid-cyan-blue-color has-cyan-bluish-gray-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/ischoolconnect.com\/blog\/the-university-of-pennsylvania-rankings-admission-courses\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more: The University of Pennsylvania | Rankings, admission &amp; courses<\/a><\/div>\n<\/div>\n\n\n\n<h2 id=\"university-of-victoria-canada\" class=\"wp-block-heading\">University of Victoria, Canada<\/h2>\n\n\n\n<p>The University of Victoria is a well-known public research university in British Columbia. It has over 21,000 <a href=\"https:\/\/ischoolconnect.com\/blog\/need-of-motivational-quotes-for-students-to-study-hard\/\" target=\"_blank\" rel=\"noreferrer noopener\">students<\/a>, making it one of Canada&#8217;s most prestigious universities and one of the top MBA colleges in the world with low tuition. The University of Victoria is undoubtedly the best low-cost MBA college in the world.<\/p>\n\n\n\n<p><strong>QS Ranking 2022- <\/strong>370<\/p>\n\n\n\n<p><strong>QS Subject Ranking 2022- <\/strong>2nd out of 15 in MBA<\/p>\n\n\n\n<h3 id=\"programs-2\" class=\"wp-block-heading\">Programs&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Daytime and Weekend MBA in Sustainable Innovation<\/li>\n<\/ul>\n\n\n\n<h3 id=\"annual-tuition-fees-for-international-students-2\" class=\"wp-block-heading\">Annual tuition fees for international students<\/h3>\n\n\n\n<p>EUR 35,884 or INR 29,61,685<\/p>\n\n\n\n<h3 id=\"scholarships-2\" class=\"wp-block-heading\">Scholarships&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ritchie Foundation MBA Entrance Scholarship<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>MBA Pay-it-Forward Award<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>James A. Mossey Award<\/li>\n<\/ul>\n\n\n\n<h2 id=\"eu-business-school-barcelona\" class=\"wp-block-heading\">EU Business School, Barcelona<\/h2>\n\n\n\n<p>One of the cheapest MBA colleges in Spain, the EU Business School (EU) is a well-regarded private higher education school in the field of business studies in Spain. It was founded in 1973 and is accredited by eduQua, Switzerland&#8217;s first quality mark for higher education institutions. EU Business School&#8217;s MBA program is&nbsp; recognized for excellence by America Economia in its Global MBA Ranking 2021 and is known for having the lowest fees worldwide.<\/p>\n\n\n\n<h2 id=\"university-college-of-birmingham-uk\" class=\"wp-block-heading\">University College of Birmingham, UK<\/h2>\n\n\n\n<p>University College of Birmingham is very popular among international students. Students from over 60 countries come to the university for high-quality but affordable education. Employers and industry value University College Birmingham&#8217;s profession-focused education and training. It is one of the world&#8217;s top scholarly institutions that offers a low-cost MBA abroad.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"500\" height=\"333\" src=\"https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/ranking-15.jpg\" alt=\"mba abroad for indian students\" class=\"wp-image-49567\" srcset=\"https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/ranking-15.jpg 500w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/ranking-15-300x200.jpg 300w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/ranking-15-345x230.jpg 345w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/ranking-15-370x247.jpg 370w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/ranking-15-440x294.jpg 440w, https:\/\/ischoolconnect.com\/blog\/wp-content\/uploads\/2022\/11\/ranking-15-170x113.jpg 170w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><figcaption class=\"wp-element-caption\">Many high-ranking universities provide courses at a low fee.<br><\/figcaption><\/figure><\/div>\n\n\n<p><strong>QS Ranking 2022- <\/strong>90th<\/p>\n\n\n\n<p><strong>QS subject ranking 2022- <\/strong>6th in MBA in UK<\/p>\n\n\n\n<h3 id=\"programs-3\" class=\"wp-block-heading\">Programs&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>MBA in International Business, Global Ranking &amp; Finance<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Executive MBA<\/li>\n<\/ul>\n\n\n\n<h3 id=\"annual-tuition-fees-for-international-students-3\" class=\"wp-block-heading\">Annual tuition fees for international students<\/h3>\n\n\n\n<p>EUR 31,500 or INR 26,44,281<\/p>\n\n\n\n<h3 id=\"scholarships-3\" class=\"wp-block-heading\">Scholarships&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Academic Excellence Scholarship<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sporting Excellence Scholarship<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Masters Intern Bursary<\/li>\n<\/ul>\n\n\n\n<h2 id=\"technical-university-of-munich-germany\" class=\"wp-block-heading\">Technical University of Munich, Germany<\/h2>\n\n\n\n<p>The Technical University of Munich is one of Europe&#8217;s top institutions. The Technical University of Munich provides MBA courses at affordable tuition fees. According to Reuters, TUM is Europe&#8217;s fourth most innovative university.<\/p>\n\n\n\n<p>The university has designed the Executive MBA in Innovation and Business Creation for professionals and executives. The program combines solid academic management with individualized start-up and innovation consulting, providing a once-in-a-lifetime opportunity to learn and develop entrepreneurial skills.<\/p>\n\n\n\n<p><strong>QS Ranking 2022- <\/strong>50th<\/p>\n\n\n\n<p><strong>QS Subject Ranking 2022- <\/strong>74th in MBA<\/p>\n\n\n\n<h3 id=\"programs-4\" class=\"wp-block-heading\">Programs&nbsp;<\/h3>\n\n\n\n<p>Executive MBA in Innovation and Business Creation<\/p>\n\n\n\n<h3 id=\"annual-tuition-fees-for-international-students-4\" class=\"wp-block-heading\">Annual tuition fees for international students<\/h3>\n\n\n\n<p>EUR 14,400 or INR 12,08,814<\/p>\n\n\n\n<h3 id=\"scholarship\" class=\"wp-block-heading\">Scholarship<\/h3>\n\n\n\n<p>Onetime financial aid between 500 EUR-1,500 EUR per semester<\/p>\n\n\n\n<div data-tf-live=\"01HE5GAHE385QD7RWNY0DDXD4C\" title=Study Abroad Poll\" data-tf-medium=\"snippet\" data-tf-hidden=\"utm_source=ORGANIC_SEARCH,utm_medium=Blog,utm_campaign=colleges-for-mba-abroad-for-indian-students-in-your-budget,hubspot_utk=xxxxx,hubspot_page_name=xxxxx,hubspot_page_url=xxxxx\" style=\"width:100%;height:500px;\"> <\/div><script src=\"\/\/embed.typeform.com\/next\/embed.js\"><\/script>\n\n\n\n<h2 id=\"key-takeaways\" class=\"wp-block-heading\">Key takeaways<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Students choose to study MBA abroad as it provides great career opportunities and skill development. These courses can help Indian students acquire managerial positions with high salaries and better career prospects.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The management field is on the rise in today\u2019s globalized world. Students can choose from various MBA colleges abroad that provide affordable courses in different study domains.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>There are many colleges and universities that provide affordable courses, such as the Technical University of Munich, Germany, EU Business School, Barcelona, Memorial University of Newfoundland, Canada, and more.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Did you find this blog informative? If so, please share your thoughts in the comments section below. <a href=\"https:\/\/ischoolconnect.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a> to contact us for more information on MBA abroad for Indian students. We would be happy to assist you with your queries.<\/p>\n\n\n\n<p>Liked this blog? Read next: <a href=\"https:\/\/ischoolconnect.com\/blog\/all-you-need-to-know-about-cardiff-university\/\" target=\"_blank\" rel=\"noreferrer noopener\">All you need to know about Cardiff University<\/a><\/p>\n\n\n\n<h2 id=\"faqs\" class=\"wp-block-heading\">FAQs<\/h2>\n\n\n\n<p><strong>Q1. Which country is best for an MBA for Indian students?<\/strong><\/p>\n\n\n\n<p><strong>Ans-<\/strong> The United States of America ranks first among the top five countries for MBA study abroad. The United States is home to some of the world&#8217;s best universities, which offer the best Master of Business Administration programs to international students.<\/p>\n\n\n\n<p><strong>Q2. Which MBA courses are most in demand abroad?<\/strong><\/p>\n\n\n\n<p><strong>Ans-<\/strong> 7 most popular MBA specializations abroad-MBA in International Business, MBA in Business Analytics &amp; Big Data, MBA in Marketing, MBA in Finance, MBA in Strategic Management, and MBA in Operations Management.<\/p>\n\n\n\n<p><strong>Q3. Can I do MBA abroad without an entrance exam?<\/strong><\/p>\n\n\n\n<p><strong>Ans- <\/strong>Yes, you can! There are several business schools in Canada that provide MBA programs without the GMAT. You need to check the requirements before applying for an MBA program.<\/p>\n\n\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [{\n    \"@type\": \"Question\",\n    \"name\": \"Which country is best for an MBA for Indian students?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"The United States of America ranks first among the top five countries for MBA study abroad. 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You need to check the requirements before applying for an MBA program.\"\n    }\n  }]\n}\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>MBA programs abroad Every student&#8217;s dream is to study an MBA abroad, and nothing beats overseas countries offering affordable MBA programs. According to a 2020 Graduate Management Admission Council (GMAC) survey, 81% of Indian students want to study abroad in 2022, up from the previously recorded 76%. The United States, Australia, Canada, and New Zealand [&hellip;]<\/p>\n","protected":false},"author":69,"featured_media":50963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[49],"tags":[2997,408,2607,5],"class_list":["post-49557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-choosing-the-right-university","tag-affordable-fees","tag-indian-students","tag-mba-abroad","tag-scholarships"],"better_featured_image":{"id":50963,"alt_text":"Colleges for MBA abroad for Indian students in your budget","caption":"Colleges for MBA abroad for Indian students in your budget","description":"Colleges for MBA abroad for Indian students in your 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