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Your Ultimate Resource for Choosing an Online MBA Abroad

Unveiling the best Online MBA Programs Abroad for Expansive Opportunities and International Excellence

Are you thinking about pursuing an online MBA abroad? Imagine having the flexibility to advance your career without having to relocate or sacrifice your current commitments. In this blog, we'll delve into the exciting world of the best online MBA programs abroad, offered by prestigious institutions across the globe. Stay tuned as we uncover the perfect blend of convenience, quality, and opportunity that these programs have to offer!

Whether you're a working professional looking to advance your career or a busy parent juggling multiple responsibilities, an online MBA abroad provides the flexibility to study at your own pace, on your own schedule.

Best online MBA abroad: Snapshot

best online mba programs

In today's globalized world, the pursuit of higher education transcends geographical boundaries. As the demand for skilled professionals continues to rise, especially in the field of business administration, more individuals are turning to an online MBA abroad offered by prestigious institutions.

School Program Duration Fees Work Experience Required  Location
IE online MBA program 17, 24 or 30 months €60,000 3 years Madrid, Spain
Imperial online MBA program 21, 24 or 32 months £45,700 - London, England
Warwick online MBA program 14 months £39,450 3 years Coventry and London, England
Indiana University--Bloomington online MBA program 24-36 months $94,944.42 - Bloomington, Indiana
Australian Graduate School of Management online MBA program 1.7 years $41,500 6 Years Sydney, Australia
Alliance Manchester online MBA program 24 Months £32,000 3 Years Manchester, England
University of Southern California (Marshall) online MBA program 24 Months  $109,858 2 years Los Angeles, California

Eligibility for Online MBA Abroad

best online mba programs

To enroll in the best online MBA programs abroad, you need a bachelor's degree with at least 50% marks and similar scores in your 12th grade. Work experience enhances your MBA eligibility and requirements , especially if your undergraduate marks are below 50%. The process includes registering on the university's website, uploading required documents, and paying fees. 

Eligibility Criteria Details
Educational Qualification A bachelor's degree with a minimum of 50% marks. It's the foundational academic requirement.
Academic Record Requires consistent academic performance, with a similar 50% mark requirement in 12th grade.
GMAT/GRE It is not mandatory for all programs, but some institutions may consider these scores as part of the evaluation.
Work Experience Varies significantly, with some programs requiring between 3 to 17 years of professional experience.

Fees and Expenses for Online MBA Abroad

best online mba programs

Choosing an online MBA abroad program is a significant step towards advancing your career and education. Cost is one of the most critical factors to consider when selecting a program.

On average, the cost of MBA abroad for online programs is around $20,000. This figure, however, can vary widely depending on the institution, the length of the program, and additional fees that may apply.

When considering the cost of an online MBA, it's essential to look beyond the headline figure. Many programs offer flexible payment options, scholarships, and financial aid to help reduce the financial burden on students. Additionally, the return on investment (ROI) should be a key consideration.

A great aspect of an online MBA abroad is that there are no additional costs for the program. For example, you do not have to spend money on factors like accommodation, food, transport, and other utilities. The primary and majority of the expenses will be the tuition fees only.

Cost Item On-Campus Costs Online Costs (Resident and Non-Resident)
Tuition $1,143.75/credit $630/credit
Registration Fee $20/Semester
Application Fee $50 $50
Graduation Fee $25 $25
International Student Fee $70/Semester
Online Course Fee $35
TOTAL $1,736 $705

Scholarships for Online MBA Abroad

Many institutions and organisations offer scholarships to help offset the cost of an online MBA abroad. These scholarships can be based on various criteria, including academic excellence, financial need, leadership qualities, and specific demographic factors such as country of origin, gender, or sector of employment. Here's a general overview of scholarships for MBA abroad:

  • Merit-Based Scholarships: Awarded to students with outstanding academic records or significant achievements in their professional or personal lives.
  • Need-Based Scholarships: Aimed at students who demonstrate financial need.
  • Diversity Scholarships: Offered to students from underrepresented groups in business education, including women, ethnic minorities, and LGBTQ+ students.
  • Industry-Specific Scholarships: For students who work in certain sectors or have career goals in specific industries, like healthcare or technology.
  • International Student Scholarships: Specifically for students from certain countries or all international students to promote cultural diversity.

Career Growth after an Online MBA 

Lots of grown-ups are choosing to do their Master's in Business Administration (MBA) online these days. It's because they can manage their work, family, and studies all at once. Doing an online MBA is a great way for them to improve their job opportunities without having to stop everything else in their lives.

People have found that doing an online MBA can really help them move up in their careers. It teaches them a lot about how businesses work and how to be good leaders. Plus, it often leads to getting better jobs and making more money!

Position Average Salary Before MBA Average Salary After MBA Approx. Increment
Marketing Manager $50,000 $70,000 40%
Finance Manager $55,000 $80,000 45%
Operations Manager $48,000 $68,000 41.67%
HR Manager $45,000 $65,000 44.44%
IT Manager $60,000 $85,000 41.67%

best online mba programs

Is an MBA worth it? Students who enrol in these top-tier online MBA programs are in for a transformative educational experience. Here's what sets these programs apart:

1. Core Business Insights

Dive deep into the fundamentals of business management. From finance and marketing to strategy and operations, gain a comprehensive understanding that's crucial for any aspiring business leader.

2. Customized Learning Paths

Tailor your studies to match your career objectives. Whether you're looking to climb the corporate ladder, switch industries, or launch your own venture, these programs offer the flexibility to carve out your own niche.

3. Designed for the Working Professional

 The beauty of an online MBA lies in its flexibility. Juggling a career while advancing your education can be daunting, but these programs are crafted to fit the lifestyle of working adults, ensuring that your professional and academic life can harmoniously coexist.

4. A Global Network at Your Fingertips

One of the most invaluable aspects of pursuing an online MBA is the access it provides to a diverse network of peers and mentors. This community becomes a source of support, inspiration, and future business opportunities.

Conclusion 

An online MBA programs offer a valuable opportunity for professionals seeking to advance their careers while maintaining flexibility in their schedules. In today's fast-paced world, where work and personal commitments often compete for our time, online MBA programs provide a convenient avenue to pursue higher education without disrupting one's professional or personal life.

Additionally, with the increasing digitization of education and advancements in technology, online MBA programs now offer a quality learning experience comparable to traditional on-campus programs.

Is online MBA valid globally?

Yes, the online MBA degree is valid globally as it is the same as a regular degree. It includes a similar curriculum, duration, projects and quality of education.

Is online MBA accepted by companies?

The online MBA degree is widely accepted by top companies, provided the degree should be earned from a reputed and recognised institute. In addition, if you have secured good marks it will increase your chances of being placed at a good package.

Is online MBA tough?

Online MBAs are easy to get into, but that doesn't mean they are in any way inferior to programs held physically in classrooms. The work tends to be every bit as challenging, and the resulting degree is every bit as credible.

Is MBA abroad expensive?

Yes, MBA course fees abroad are definitely more expensive compared to Indian B-schools. While the cost of an MBA in India ranges from 7.5 to 25 lakhs INR, the cost of an MBA abroad can go as high as 50 lakhs to 1.5 crore INR.

Know Your Author
Photo of Rohit
Rohit Rajaram
Study Abroad Expert
Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience. Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers. As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates. With expertise in analytics, product development and business excellence, Rohit has successfully driven the success of various initiatives. Committed to constant innovation, he is expanding the company's offerings by introducing digital and technology-powered products for comprehensive education solutions.
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