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  #1  
7th November 2015, 02:48 PM
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Join Date: Aug 2012
Amount of MBA

Welcome to MBA Forum. This is Amount of MBA discussion page. Here you can discuss about Amount of MBA in details. Please ask your question about Amount of MBA in the quick reply box mention below. Our member will try to answer your question about it as soon as possible. Furthermore, please provide your full details with your question. Your Name, email address, phone numbers, also you education / University in which you are studying. If your question is related to any institution / University / Business School/ Online MBA / Distance MBA or Jobs related to MBA, then mention that in your question as well.
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  #2  
7th April 2016, 02:50 PM
Unregistered
Guest
 
Amount of MBA

Hello sir I am here as I want to know what is the amount needed for doing MBA from US so will you please tell me about this??
  #3  
7th April 2016, 02:51 PM
Super Moderator
 
Join Date: May 2012
Re: Amount of MBA

The MBA (Master of Business Administration) is an internationally recognised and geographically portable post-graduate, post-experience academic course in a number of subjects that together can be said to constitute the science of management.
It is intended for those who work in business and management who seek career advancement, business ownership, or technical skills and business knowledge.

General Admission Requirement for doing MBA from US
-Online application
-Transcripts
-Official GMAT or GRE scores
-Official TOEFL, Pearson Test of English, or IELTS scores (if applicable)
-All recommendations
-Essays
-Completed Interview
-Résumé
-application fee

MBA Tuition Fee, Living Cost & Expenses

Tuition Fee
US business schools fall under two major categories:
- public (state supported), and
- private (independent) institutions.

A brief idea can be got from the following table:
University Type Tuition Fees (annual in U.S. Dollars)
Private School (High Cost) $ 35,000
Private School (Low Cost) $ 15,000
State School (High Cost) $ 20,000
State School (Low Cost) $ 10,000

The tuition fee is different for different universities and varies widely with courses. It can vary from as low as $ 8000 a year for state universities to as much as $ 35000 per annum for some private universities.

Living Expenses
The approximate annual living expenses during the MBA program is about $14,400, which includes accommodation as well as other daily expenses. However, the expenses are different for different people depending on the lifestyles and this is just a rough idea. The main expenses can be split up as:
Rent $ 500 per month
Groceries $ 150 per month
Utilities $ 150 per month
Phone $ 150 per month (if careful with international calls)
Sundry $ 250 per month

So, about $1200 per month is a good estimation. Mostly people can survive between $700-$1000 a month.

Top MBA institutes in US are:
Harvard University (MA)
Stanford University (CA)
University of Pennsylvania (Wharton)
Massachusetts Institute of Technology (Sloan)
Northwestern University (Kellogg) (IL)
Columbia University (NY)
University of Chicago
Duke University (Fuqua) (NC)
University of Michigan–Ann Arbor
University of California–Berkeley (Haas)
Dartmouth College (Tuck) (NH)
University of California–Los Angeles (Anderson)
University of Virginia (Darden)
New York University (Stern)
Cornell University (Johnson) (NY)
University of Texas–Austin
Yale University (CT)
University of North Carolina–Chapel Hill (Kenan-Flagler)
Carnegie Mellon University (PA)
Indiana University–Bloomington (Kelley)
Emory University (Goizueta) (GA)
University of Southern California (Marshall)
Purdue University–West Lafayette (Krannert) (IN)
Vanderbilt University (Owen) (TN)
Ohio State University (Fisher)
University of Rochester (Simon) (NY)
Washington University (Olin)
University of Minnesota–Twin Cities (Carlson)
Georgetown University (McDonough) (DC)
Michigan State University (Broad)
University of Arizona (Eller)
Arizona State University–Main Campus
Tulane University (Freeman) (LA)
Case Western Reserve University (Weatherhead) (OH)
Penn State University–University Park (Smeal)
Rice University (Jones) (TX)
Thunderbird Graduate School (AZ)
University of Maryland–College Park (Smith)
University of Wisconsin–Madison
Boston College (Carroll)
University of California–Irvine
Brigham Young University (Marriott) (UT)
Georgia Institute of Technology (DuPree)
Southern Methodist University (Cox) (TX)
Texas A&M University–College Station (Mays)
University of California–Davis
Wake Forest University (Babcock) (NC)
University of Georgia (Terry)
University of Illinois–
Urbana-Champaign
University of Notre Dame (IN)


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