What Are the Average MBA Fees Worldwide?

The business world has drastically grown over the period. For this reason, many students want to explore it. Pursuing an MBA is a suitable option for them as it can help them excel in their business careers. 70% of students choose an MBA to improve their skills and knowledge and acquaint themselves with the current business market.

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However, the average MBA fees in India are different from other countries. This is because the costs vary based on different factors like location, program structure, institution, etc. So, continue reading about MBA fee structures abroad and in India.

The approximate MBA fees in India

The Master of Business Administration online degree in India provides a structured business management program. The top universities, like Amity University, offer specialised program for 

MBA. Though there are other universities as well, however not every university offers online courses. The average MBA fees in India range from INR 20,000 to INR 40 Lakh, depending on the mode of instruction. The cost also depends on the institution, location, and program structure.

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Pre-arrival expenses for studying for an MBA in foreign countries

It is important to know the pre-arrival costs students face in foreign countries. They need to stay prepared for all the other expenses besides the actual cost of an MBA. So, researching is important to know if students can afford to study for an MBA in any foreign country before applying.

So, let's look at the estimated pre-arrival expenses for different countries.

Expense	Amount (INR)
IELTS registration fees	18,000 to 19,000
GRE registration fees	15,700
TOEFL registration fees	14,550
Airfare (depending on destination)	30,000 to 1 Lakh
GMAT registration fees	21,000

Also Read:- Top Reason to Pursue Online MBA in Finance

The MBA cost in different countries

The MBA course can help aspiring students get improved career opportunities, leadership skills, and professional networks. 

However, the MBA fees are not the same in every country. So, before any student moves forward, they must know the cost differences. It helps them make sound decisions on where to apply.

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• MBA cost in the USA

The United States is a top choice for international students who want to pursue an MBA there. Many students want to know the approximate cost to get a clear idea of their fee structure. So, here it is:

University Name	Cost (INR)
Harvard School of Business	63,51,400
Stanford Graduate School of Business	68,53,900
The Wharton School	70,51,000
Columbia Business School	70,24,000
Sloan School of Management	71,94,000

• MBA cost in the UK

There are many universities and colleges in the UK that offer MBA courses to all aspiring students. They even offer internship opportunities to the candidates. 

It is a great place to improve business networking opportunities as well. However, before heading towards it, students need to know the MBA fees at different universities in the UK.

University Name	Cost (INR)
Said Business School	83,34,150
London Business School	1,22,07,710
Judge Business School	73,24,626
Warwick Business School	57,05,777
Imperial College Business School	60,72,009

• MBA cost in Canada

Canada can be a good option to explore great educational opportunities. Another big advantage of pursuing an MBA in Canada is affordable MBA fees. Many prominent universities have top faculty. 

The strong job market and welcoming immigration policies make this country a preferred choice for an MBA.

University Name	Cost (INR)
Smith Business School	51,19,000
Rotman School of Management	83,18,000
Desautels Faculty of Management	85,20,100
Ivey Business School	1,07,85,160
Schulich School of Business	25,71,231

• MBA cost in Australia

Australia is home to many established business schools. Not only that, but it is also a preferable choice because of its high-quality education facilities. 

So, students planning to move to Australia to study for an MBA must know its MBA fees. It is a good choice if someone is looking for a country with strong business connections.

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University Name	Cost (INR)
Melbourne Business School	59,00,964
UQ Business School	26,64,702
Macquarie Business School	33,19,811

• MBA cost in New Zealand

New Zealand has many reputable institutions and universities that offer MBA programs. Its innovative business environment always attracts students to this country. 

The MBA fees here are comparatively lower than in other countries, but the education it provides is of high quality. In fact, New Zealand has the fifth rank among the top countries in the world for business.

University Name	Cost (INR)
Massey University	23,67,120
Otango Business School	33,99,605
University of Waikato	33,20,360
Auckland University of Technology	30,02,051

Also Read:- Accreditation Of MBA Courses

Conclusion

The MBA fees structure may seem overwhelming for some students. But there is no need to worry if the fees exceed your budget. You can opt for scholarships and educational loans.

Conversely, you can enroll in the MBA course at Amity University Online. They offer engaging and structured MBA programs that you can complete from your home. So, visit the official website and go through the course details.