Top 10 Countries to Study MBA for Indian Students

Pursuing an MBA degree in a country like India is nothing new nowadays!

Can you imagine that in 2019, 2.5 lakh aspirants (approx.) applied for CAT (Common Aptitude Test) and more than 80-90,000 (approx) appeared in SNAP (Symbiosis National Aptitude Test)? With steady increase in the number of MBA degree holders in India these days, selecting potential recruits from a pool of candidates is similar to finding a needle in the haystack for most of the MNCs. That’s one reason why it’s still doubtful whether India is the best country for studying MBA or not. Often MBA aspirants overlook a wise fact that:

The bitter truth is, in India maximum institutes offering MBA degrees lack sufficient infrastructure to build the global leaders for tomorrow. That reduces the importance of Indian B-schools awarding MBA degrees to the native students. Most of the Indian MBA institutes fail to integrate the pivotal keys of learning leadership and applied skills in a practical work environment. Often that keeps the newbie MBA pass outs far from reality when time comes to take the rudder of giant MNC corporations in real-situations.

Whereas, the countries known for offering some of the best MBA programs abroad have attracted most of the Indian students with their world-class Business schools. Those B-schools follow an innovative business course curriculum that combines leadership, management and entrepreneurship in a single platform. It helps the students to,

• Relate theoretical ideas of beginning a start-up business in future
• Work as top managerial heads in global MNC chains
• Exponential salary growth

A foreign MBA degree from abroad unbolts the doorway to secure jobs with a maximum salary package immediately after coming back to India.

As an MBA aspirant, you are on the rat race to grab your Master’s Degree certificate in Business administration from abroad, then the first query to strike your mind is -

Which is the best country for studying MBA abroad?

Frankly, you’ll find plenty of search results popping-up right in front of you while scanning the internet for - which country is the best for pursuing an MBA course?Amongst many countries reputed for offering world class Master’s Degree Programs in Business Administration, the name of the United States and Canada remains on the top of your search list.

The list of A rated business schools include the names of following countries for sketching future academic growth and job prospective academic modules in their respective MBA programs. The list includes name of the following countries too,

Top 10 Countries for Indian Students to Study MBA

1. Canada

According to the 2012 NBC report, Canada is the home for multiple prestigious business schools located in the US. The country is known for ranking top as per the business investment by Forbes. The country turned into a business education hub for at least 45000 (approx) students all over the world. The affordable cost of living is another purpose for choosing Canada to complete an MBA from abroad. According to the survey report of 2010, out of 74 US schools (approx) an average of 55% students graduated from the country.

In 2019, Canada grabbed 3rd rank for attracting the population of 642,000 international students (approx). That’s another reason for attracting Indian students to pursue MBA in Canada based business colleges.

2. United Kingdom

The UK comes second after the United States and Canada for it’s brilliant MBA programs. In fact, the academic MBA curriculum offered in UK colleges are compared with US and Canadan Business course curriculum models. Indian students are much likely to get a recognition of their 3 years bachelor’s Degree in most of the UK universities after completing their BBA in native country.

Low tuition fees are also an added benefit in the UK B-colleges. By 2019, the number of Indian students in the UK spiked by 93%. Affordable tuition fees, moderate admission criteria and innovative MBA courses with practically applied skills drive maximum Indian students for doing their MBA in the UK B-institutes.

3. Australia

Apart from following an academic curriculum with globally accepted business degrees, Australia lands up right after the UK and US as per Project Study Atlas survey. The country is known for its 12.2% ( approx.) international students most of which are from Indian origin.

Maximum Indian students prefer completing their MBA in Australia because:

• Future job and managerial leadership oriented curriculum module
• Easy work permit for part time jobs upto 40 hrs.
• Cosmopolitan work environment
• Economic living cost

In 2019, 27% of the average Indian students chose Australian universities over Indian MBA schools.

4. Ukraine

Primarily known for its world class infrastructure for studying engineering, medical and Business Administration, Ukraine is a hotspot for studying Business Administration amongst the global student community. Aspirant Master’s in Business Administration hail all the way from India to Ukraine because,

• Teaching medium is English in maximum B-schools
• Marginal Tuition fees in comparison to other Business schools
• Ample scope of learning applied managerial skills with practical leadership qualities

Apart from these, a peaceful academic environment is another factor for Indian and Asian students to study MBA in Ukraine based business schools.

5. Germany

Germany comes on the top for global MBA programs. From the last few years, Germany witnessed an increase of Indian students by 21% (approx.), currently standing at 25,000 (as per the estimated figure of Winter Semester 2019-20). That’s not all, the total number of international students in MBA programs rose by 4% (approx) reaching the figure of 411, 601 (approx).

The MBA programs in German universities are known for:

• Research intensive Business Administration programs
• Maximum course curriculum is taught in German/English
• Minimum German A level linguistic proficiency needed for joining the MBA courses
• Minimal cost of living, modern hostel accommodation provided
• Great placement opportunities and quality education

6. Russia

Planning to get a Master’s degree in Business Administration? Then the name of Russia must be on top. The country is known for course diversification in it’s academic module offered for Indian students. Apart from MBA, engineering and MBBS courses are another de facto for attracting a major number of Indian students in the country. If you’re on the run to complete your MBA from abroad Russia tops your preference list because,

• Out here education connects with global entrepreneurship scopes
• Cut-edge technology to mitigate the gap between learning and implementation
• Nominal study cost with scholarship options available for Indian students
• Zero language barriers while it comes to study MBA in Russia based B-colleges

These opportunities unlocked the scopes for Indian students to reach overseas MBA universities like Russia for studying MBA.

7. France

With 29% of the world class business schools located in the country, France’s name comes on the top for doing MBA from abroad. Unlike other countries, France has turned into an education hub in the last few years. The country is known for its cosmopolitan academic environment. The prestigious B-schools are known for attracting 500+ (approx) international students globally.

Maximum Indian students look ahead for completing their MBA in France because,

• The degree is accepted by global MNC corporations
• Ample scope to avail entrepreneurship opportunities
• Affordable tuition fees
• Globally diversified academic environment
• Low cost of living in respect to the universities offered by other countries

According to Forbes, France stands 2nd for it’s global MBA schools globally in 2019. The country has succeeded in reaching the Happy MBA Index 2013 by offering post MBA degrees to 8.53% students (approx.), amongst which Indian students play a crucial role.

8. Singapore

Known as a cosmopolitan education hub, Singapore is one of the key destinations for studying MBA in Asia. As an Asian country, the cost of living in Singapore is comparatively low in comparison to other countries. The country’s reputation for becoming a global hotspot for Business studies attracted maximum Indian students to reach Singapore for completing their Master’s Degree in Business Administration.

Indo-Asian students choose to complete their MBA in Singapore based institutes because,

• Known for World Class Education infrastructure
• Ample scope to avail cosmopolitan educational culture
• A perfect launchpad to kick-start a lucrative career on business administration

The country is also known for some of its prestigious business schools. INSEAD being one of those, tops the Financial Times MBA ranking List.

9. Poland

The hunt for the best country to study MBA for Indian students has gone too long by now. The name of Poland is added in your preference list because of its,

• Quality education system
• 450+ HEI (Higher Education Institutions)
• Ranked within top three universities for studying MBA due to University of Warsaw
• Tuition fees are less than 1500 EUR (approx) / 1770 US$ (approx)/123900 INR (approx) per year
• Vibrant student and culture life

The country is an education magnet for global students because of its cultural diversity, gala student’s life and multiple fests. The budget-friendly cost of living is another reason for Indian students to pursue MBA in Poland based universities. According to Indian governments statistics record, 52116 (approx) number of students from India are studying in European Universities in 2017.

So, by now definitely the percentage has spiked above 85-90,000+ (approx.)

10. Ireland

Irelalnd has become one of the most preferred destinations for studying MBA amongst Indian students. Reputed for some of the globally recognized prestigious business schools likeTrinity Business School, the country is an attraction for MBA students due to,

• Easy admission procedure
• Annual fees for the MBA programs barely exceed 45000 Euros per annum, roughly making it 37,17,000 (approx) per annum
• A country with maximum placement opportunities after completing MBA programs.

Moreover, the country is also known for its talented workforce, attractive tax rate, advanced technology and competitive economic atmosphere. It’s another reason for the maximum number of Indian students to complete their MBA in Ireland based universities.

Conclusion

The country list of top prestigious Business schools for completing MBA could have been too long. However, our effort to pin-point the name of the top countries to pursue your MBAdegree from abroad might add leverage to choose an apt MBA college for fetching a higher degree in Business Administration.

Even though if you’re confused about choosing the right college for completing your MBA from abroad, feel free to reach out the expert academic mentors like Select Your University.