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A management degree whether in India or Abroad opens up so many opportunities. It helps you to become a better business leader. At any business school, you’ll learn about creating wealth, jobs, new products and new markets.
To make it to top B-School, you need to have a good understanding of mathematics, analytical skills and a good command of English, both vocab as well as writing ability. Most of the good B-School across the world will have different specializations. A student can choose from a wide range of specializations at business school, including accounting, marketing, finance, human resources, international business and many more.
Management courses are not just about BBAs/MBAs. Whether it’s undergraduate or graduate program, management schools will develop the leadership skills and strategic thinking, which helps you get succeed in global business.
Some facts about international B-Schools
- Tuition fees – ranges from an average of US$ 52,000 to US$105,000 per year depending on the B-School that you are applying to.
- English language requirement – IELTS is widely accepted by most of the B-Schools globally. Any score above 6.5 bands in IELTS is considered as an acceptable score. However please check with the B-School requirement as it differs from each B-School.
- TOEFL is also widely accepted by all B-School, especially if you are applying to US B-Schools. A score of 95 in TOEFL is fairly a good score. However please check with the b-school that you are applying as each B-school has various range of score requirement.
Various Management Programs:
Masters in Management- is a postgraduate program in general management. MIM is usually a lesser duration program (12 to 20 months) and suited for students who are fresh graduates or have started their professional career recently. The fees in Europe ranges from 16000 Euro to 25000 Euro.
Europe was the most proliferating geographic area for the Masters in Management program, however, with increasing demand, the USA and Asia have also started offering this program.
Some top B-Schools for MIM are:
- University of St. Gallen(Switzerland)
- HEC Paris(France)
- Essec Business School (France)
- London Business School(UK)
- Duke Fuqua (USA)
- SMU(Singapore)
Average Salary Offered: USD 75,000
Top Recruiters: Wipro, Amazon, McKinsey & Company, Siemens, HCL, Deloitte, Accenture, Google, KPMG, Oliver Wyman, IBM, HSBC, Bank of America, American Express Company etc.
Global MBA is a post graduate program about general management along with a specialization on a particular field. Most of the MBA programs require more than two years of work experience. Duration of this course is 10 – 24 months. Average course fee for MBA program will range between US $ 50000 to US $ 90000.
Some Top B Schools offer MBA are:
- Insead (France/Singapore)
- Harvard Business School(USA),
- Stanford Graduate School of Business(USA)
- London Business School(UK),
- University of Oxford: Said(UK)
- NUS(Singapore),
- New York University: Stern(USA),
- University of Cambridge: Judge(UK),
- North-western University: Kellogg(USA)
Average Salary Offered: Ranges between US$1,20,000 to US$1,40,000
Top Recruiters: Credit Suisse, Morgan Stanley, Amazon, McKinsey & Company, Siemens, PwC, Microsoft Corp, Apple, Deloitte, Accenture, Google, KPMG, IBM, HSBC, Bank of America, American Express Company, JP Morgan, Glaxo SmithKline, Gold Sachs', BNP Paribas etc.
Sloan MBA program is a mid-career master degree in general management and leadership. Minimum 8 years of work experience is required to apply for the Sloan program. Sloan program is a full-time course of 12-14 months, depending on electives.
Some Top B Schools offer Sloan Fellows Program are
- MIT Sloan
- Stanford Graduate School of Business
- London Business School
INSEAD Business School
Insead is a graduate business school with campuses in Europe (France), Asia (Singapore), and the Middle East (Abu Dhabi). INSEAD was founded in 1957 by venture capitalist and Harvard professor Georges Doriot, along with Claude Janssen and Olivier Giscard d'Estaing. INSEAD offers various academic programmes including a full-time Master of Business Administration (MBA) programme, Master in Finance programme with various traditional management disciplines like finance, economics, organizational behaviour, accounting, ethics, marketing, statistics, operations management, international political analysis, supply chain management, leadership and corporate strategy. Insead Ranked 1st in the world as per financial times MBA ranking 2016.
Facts & Figures:
| First MBA intake in France | 1959 |
| Singapore Campus founded | 2000 |
| Present Dean | Ilian Mihov |
| Duration | 10 months |
| Average GMAT | 700 |
| Average GPA | 3.5 |
| Total No of Application | 5120 |
| Total MBA enrollment | 1024 |
| International (%) | 95 |
| Women(%) | 30 |
Harvard Business School :
(HBS) is the graduate business school of Harvard University in Boston, Massachusetts, United States. The school started in 1908. It ranks 2nd as per financial times MBA ranking 2016. Harvard offers full time MBA program with various specialisations like Finance, marketing, Entrepreneurial management, Environmental& risk management, Finance, Healthcare management, Real Estate, Statistics, Strategic Management, Organizational Effectiveness & management and many more. etc.
Facts & Figures:
| Present Dean | Nitin Nohria. |
| Duration | 24 Months |
| Average GMAT | 720 |
| Average GPA | 3.67 |
| Total Application | 9759 |
| Total MBA Enrollment | 942 |
| International % | 35 |
| Women % | 43 |
London Business School
LBS is an international business school founded in 1964 in London (United Kingdom). LBS is one of the most prestigious business schools in the world; the school is ranked 3rd in the world as per Financial Times MBA ranking 2016 and 2nd in the world (for Business and Management Studies; 2016) by the QS ranking. LBS offers MBA as well as masters in Management program with various disciplines like finance, International Business, Marketing, Supply-chain Management, It Management, Operations etc.
Facts & Figures:
| First Dean | Dr. Arthur Earle (1965-1972) |
| Present Dean | Professor Sir Andrew Likierman(2009—till now) |
| Duration | 15 to 21 months |
| Average GMAT | 700 |
| Average GPA | 3.5 |
| Total No of Application | 3000+ |
| Total no of Enrollment | 417 |
| International (%) | 92 |
| Women (%) | 37 |
Wharton School of Business
The Wharton School of Business, is the business school of the University of Pennsylvania, a private Ivy League university located in Philadelphia, Pennsylvania. Wharton was established in 1881 through a donation from Joseph Wharton, making it the first business school in the United States. Wharton's MBA program is ranked No.4 in the world according to Financial Times MBA ranking 2016. Wharton MBA offers a wide ranges of Majors including Accounting, Actuarial science, Business analytics, Business economics and public policy, Entrepreneurial management, Environmental& risk management, Finance, Healthcare management, Marketing, Real Estate, Statistics, Strategic Management, Organizational Effectiveness & management and many more.
Facts & Figures:
| Present Dean | Geoffrey Garrett |
| Duration | 20 months, plus a 3.5 months summer internship |
| Average GMAT | 720 |
| Average GPA | 3.67 |
| Total No of Application | 6590 |
| Total no of Enrollment | 861 |
| International (%) | 32 |
| Women (%) | 43 |
Stanford Graduate School of Business:
The Stanford Graduate School of Business (also known as Stanford Business School, Stanford GSB, or GSB) is one of the seven schools of Stanford University. The school was founded in 1925.Stanford ranks 5th globally for it's full time MBA program as per the Financial Time MBA rankings 2016.This B School offers a full-time Master of Business Administration(MBA)degree with the specialisations like Accounting, Entrepreneurship, Finance, Global management, Human resources, Information technology, Leadership, Managerial economics, Marketing, Operations, Organizational behaviour, Political economics, Public management, Strategic management etc. Stanford also offers the MSx Program which is a full-time twelve-month MS in Management for mid-career executives.
Facts & Figures:
| Present Dean | Garth Saloner |
| Duration | 24 Months |
| Average GMAT | 730 |
| Average GPA | 3.73 |
| Total No of Application | 7899 |
| Total no of Enrollment | 407(new students) |
| International (%) | 40 |
| Women (%) | 40 |
- General Business Administration
- Human Resources
- Operations Management
- Business Analyst
- Advertising
- Finance
- Entrepreneurship
- Agribusiness
- Luxury Management
- Consulting Degree
- Retail Banking
- Project Management
- Supply Chain
- Information Technology Management
- Marketing Courses
- Real Estate Degree
- International Business
- Auditing Courses
- Sports Management
- Leadership Courses
Management in Canada
Management courses in Canada are offered by institutions like Canada Colleges and Canadian Universities. These courses are offered at Undergraduate level and post graduate level both. At UG level the management courses can be offered at Bachelors for 4 years, Diploma for 2yrs and Advance Diploma program (3yrs). At post graduate level it is offered at Graduate certificate for half the year and Master level (MS or MBA 2 years). Various specialization available at Management level are Business Administration, Business Management, International Business Management, Finance, Marketing, HRM, Information technology Management, Project Management, Hospitality Management etc.
Average cost of studying MBA in Canada - INR 25L to 52L(Based on the B Schools)
Some renowned B Schools are: University of British Columbia(Sauder), University of Toronto: Rotman, Queen's School of Business.
Management in Singapore
The management programmes in Singapore are designed for people contemplating a career in international areas of business or currently working and looking to upgrade their qualification
This course provides the tools required to be successful in the international business management area covering issues from range of inter cultural business communication, competitive advantage, global economics, international finance and global marketing. It addresses the essentials of the modern international business management and opens doors to increased employment opportunities at the post graduate level.
Average cost of studying MBA in Singapore- INR 15L to 20L(Based on the B Schools)
Some renowned B Schools are: Insead (Singapore campus), Singapore Management University, Nanyang Business School, NUS
Management in USA
In today’s competitive world it is very essential for all aspiring students to have a thorough knowledge of business/organization functionality. What better place than USA to learn the important aspects of an organization like; how to achieve goals in groups, reduce cost, resource optimization, Balancing the organization, Leading the company to achieve higher goals, etc. USA is the highest paid region for students all over the world along with excellent education quality.
Predominantly graduate courses in Management in USA are 2 year programs shaping student to become future leaders and entrepreneurs. However in the recent past there few B-Schools who have started offering 1 year MBA too.
If you look at Financial Times MBA 2016 ranking , you will see in the top 10 Global Business schools ranking USA has 7 b-schools in the list.
Average cost of studying MBA in USA – INR 35L to 75L(Based on the B Schools)
Some renowned B Schools are: Harvard , Wharton, Stanford, Columbia Business School, UC Berkeley- Haas, Chicago Booth and MIT Sloan.
Management in Australia
The Business Schools in Australia are very highly ranked be it in the QS World Rankings. Economic Times Ranking, Financial Times Ranking, etc. Top Business Schools in Australia are Melbourne Business School, Australian Graduate School of Management, Macquarie Graduate School of Management, Sydney Business School, etc. An MBA program typically requires 3-5 years of managerial level work experience whereas a Masters of Management/ Master of Business/ Masters of Commerce can be opted by fresh graduates or students with executive level work experience. For an MBA program GMAT might be required by some Universities along with at least 2 Professional references along with a CV detailing job roles and responsibilities.
Average cost of studying MBA in Australia: INR 30L to 60L(Based on the B Schools)
Some renowned B Schools are: Melbourne Business School, Sydney Business School, AGSM MBA, University of New South Wales, Australian National University ANU(College of Business and Economics)
Management in Europe
European business schools continue to be at the forefront of innovation in business education, ensuring they attract top international talent which in turn attracts global MBA employers. Despite the economic woes of the region, recent years have seen record employment statistics among European business schools, which are supplying MBA talent not just to local employers in the region, but also employers across Asia, America and the Middle East.
Average cost of studying MBA in Europe: INR 28L to 42L(Based on the B Schools)
Some renowned B Schools are: Insead (France), London Business School, University of Oxford:Said, University of Cambridge: Judge, HEC Paris, University of St. Gallen