I want to know how much is the appropriate cost to study MBA abroad and wat tests are to be taken????????/?

Question

I am a commerce student form India I secired 76 percent in my 10th grade and am waiting for my 12th grade results.I wish to pursue MBA in london or in NY or canada or australia or new zealand.I want to know the costs and the iuniversities for MBA in these countires also which exams am I required to take.Please help

Answer 1

For the United States, you'll have to take the GMAT (Graduate Management Aptitude Test).

Tuition Fee:

US business schools fall under two major categories:

  -  public (state supported), and

  -  private (independent) institutions.

International students’ tuition expenses at state schools are based on nonresident costs, which are still usually less expensive than those of private universities.

It is important to note that the cost of a program in a US school does not necessarily affect its quality.

A brief idea can be got from the following table:

University Type  Tuition Fees (annual in U.S. Dollars)  

Private School (High Cost)  $ 30,000  

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.

For example, Colorado Technical University offers the MBA program for less than US $ 10,000 a year, while many top schools like Harvard Business School and Wharton Business Schools have a fee structure of around US $ 30,000 per year.

For more specific details, please check out the university websites or contact the universities.

  

Living Expenses

The approximate annual living expenses during the MBA program is about $12,000, 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  $ 400 per month

(you can live alone with that amount in a place like Auburn or share an apartment with 6 people in NY)  

Groceries  $ 150 per month  

Utilities  $ 150 per month  

Phone  $ 100 per month  (if careful with international calls)  

Sundry  $ 200 per month  

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

The key here is to share apartments/houses so that you save on the utilities, fixed charge portion of phone and to some extent on groceries.

Answer 2

the answer above says all.

just to add that YOU NEED TO DO UNDERGRADUATION FIRST.

And do MBA from reputed universities to have good jobs. other wise it would be wastage of money.

ISB, Hyd is a good place in your country to do MBA.