MBA & Business Masterโs Abroad: Universities, Fees (INR), Skills, Jobs & FAQs
This complete guide is designed for students and parents who are exploring options to study MBA, Master of Management (MiM), Marketing, HR, International Business, or Business Analytics abroad. It compares top destinations such as Australia, New Zealand, the UK, and the USA, with typical tuition fees converted to INR, average durations, and accreditations. Special focus is given to families in India (especially Kerala, Kochi) and the UAE/GCC region. It also highlights the skills students should develop, interview preparation tips, job opportunities, and how Guide to Heights can support your admission journey.
๐ฅ Watch: Short Overview
Watch this quick YouTube video that explains MBA and Business Masterโs programs, how to choose the right country, and the steps for admissions.
Why Study a Business Masterโs Now?
The world of business is changing rapidly with technology, sustainability, and globalization. A masterโs degree in business equips you with:
- High employer demand: Consulting, tech, finance, healthcare, and logistics sectors all require skilled business graduates.
- Post-study work rights: Most destinations like Australia, UK, and New Zealand provide 2โ3 years of post-study work opportunities after graduation.
- Hands-on internships: Many universities embed live projects, case studies, and industry internships into their curriculum.
- Accreditation and quality: International accreditations such as AACSB, EQUIS, and AMBA ensure that your degree is globally recognized.
Australia vs New Zealand: A Quick Comparison
Both Australia and New Zealand are top study destinations, but they cater to different student needs:
- Australia: Larger job market, more globally ranked universities, triple-crown accredited schools, MBA durations of 1โ2 years, and extensive networking opportunities.
- New Zealand: Compact education system, MBA durations of 12โ15 months, strong emphasis on leadership, sustainability, and public policy studies.
Admissions Snapshot
- Academics: A bachelorโs degree with 55โ65%+ (top MBAs may require higher scores).
- Work Experience: MBA usually requires 2โ3+ years of work experience, while MiM and Marketing masterโs often accept fresh graduates.
- English Tests: IELTS 6.5 (no band below 6.0) or PTE Academic score of 58+. Some schools also accept TOEFL.
- GMAT/GRE: Only required for a few elite MBAs (e.g., Harvard, LBS, Wharton). Many MiM or HR programs do not require it.
- Duration: MBA 1โ2 years (Australia), 12โ15 months (New Zealand), 1 year (UK), and 2 years (USA).
Typical Fees (Converted to INR)
Here is a broad estimate of tuition fees. Scholarships can reduce these costs by 10โ40% depending on your academic merit.
- Australia MBA: โน25โ36 Lakhs per year.
- Australia MiM/Marketing/HR: โน18โ27 Lakhs per year.
- New Zealand Business Masterโs: โน15โ22.5 Lakhs per year.
- New Zealand MBA (12โ15 months): โน27.5โ37.5 Lakhs total.
- UK MBAs: โน35โ85 Lakhs (typically one year).
- USA MBAs: โน55โ90 Lakhs (two years).
What Does Accreditation Mean?
When selecting a business school, accreditations matter because they guarantee quality and recognition worldwide:
- AACSB: US-based accreditation ensuring excellence in business education.
- EQUIS: European accreditation focusing on innovation and internationalization.
- AMBA: UK-based accreditation focusing specifically on MBA programs.
A Triple Crown school holds all three accreditations and is considered among the top 1% of business schools globally (e.g., Melbourne, UNSW, UQ, Warwick, and London Business School).
Top Universities to Consider
Below are some of the best universities across Australia, New Zealand, the UK, and the USA, with estimated tuition and accreditations.
๐ฆ๐บ Australia
- Melbourne Business School โ โน30โ40L per year, 1โ2 yrs, Triple Crown
- UNSW (AGSM) โ โน28โ38L per year, 1โ2 yrs, Triple Crown
- Monash Business School โ โน24โ34L per year, 1.5โ2 yrs, Triple Crown
- University of Sydney Business School โ โน28โ38L, AACSB/EQUIS/AMBA
- QUT Business School โ โน20โ28L, Triple Crown
๐ณ๐ฟ New Zealand
- University of Auckland โ โน15โ23L, AACSB/EQUIS
- Otago Business School โ โน15โ23L, AACSB/EQUIS
- Victoria Univ. of Wellington โ โน15โ22L, AACSB
- AUT Business School โ โน15โ22L, AACSB
๐ฌ๐ง United Kingdom
- London Business School โ โน60โ85L, Triple Crown
- Oxford (Saรฏd) โ โน70โ85L, AMBA/AACSB/EQUIS
- Cambridge (Judge) โ โน65โ85L, Triple Accredited
- Warwick Business School โ โน45โ70L, Triple Crown
- Manchester (Alliance) โ โน40โ65L, Triple Crown
๐บ๐ธ United States
- Harvard Business School โ โน65โ85L+, AACSB
- Stanford GSB โ โน65โ85L+, AACSB
- Wharton (UPenn) โ โน70โ90L+, AACSB
- MIT Sloan โ โน70โ90L+, AACSB
- Chicago Booth โ โน65โ85L+, AACSB
Top MBA Specialisations
- Business Analytics & AI
- Digital Marketing & Growth
- Supply Chain & Operations
- Project & Product Management
- HR & People Analytics
- Sustainability & ESG
- Healthcare Management
Skills to Develop
- Excel, SQL, Tableau, and Power BI
- Basic Python/R for analytics tracks
- Financial modelling and corporate strategy
- Agile and project management frameworks
- Storytelling, communication, and presentations
- Certifications: GA4, Salesforce, AWS, Lean Six Sigma, PMP
How to Crack Interviews
For admissions and jobs, preparation is key. Use the STAR method (Situation, Task, Action, Result) for your answers, bring evidence of your work such as dashboards or project reports, and research your university or employer thoroughly. Practice case studies and mock interviews, and close with a 30-60-90 day plan that shows your value.
Top 30 Companies for Jobs After MBA
Consulting: McKinsey, BCG, Bain, Deloitte, Accenture, PwC, EY, KPMG
Tech: Google, Microsoft, Amazon, Apple, Meta, Salesforce, IBM, Oracle, SAP, Adobe
Finance: Goldman Sachs, J.P. Morgan, Morgan Stanley, Citi, Barclays, HSBC, UBS
FMCG/Other: Unilever, P&G, Nestlรฉ, PepsiCo, Coca-Cola, Tesla, Uber, Airbnb
Why Choose Guide to Heights?
We are not just admission consultants โ we are your complete partner:
- Free counseling and end-to-end guidance
- GS/SOP writing and visa filing support
- Accommodation, airport pickup, and on-arrival mentoring
- Scholarship and loan guidance
- PTE/IELTS training with discount vouchers
- Offices in Kochi and UAE, serving India & GCC families
Frequently Asked Questions (FAQs)
1) Who should study an MBA abroad?
B.Com, BBA, and graduates aiming for leadership roles in business, management, or specialized areas such as marketing and HR.
2) How long do MBA programs take?
Australia: 1โ2 years; New Zealand: 12โ15 months; UK: 12 months; USA: 2 years.
3) What is the meaning of triple accreditation?
It means the school is accredited by AACSB, EQUIS, and AMBA, placing it in the top 1% worldwide.
4) What are the average fees in INR?
Australia: โน25โ36L/year; New Zealand: โน15โ22.5L/year; UK: โน35โ85L (total); USA: โน55โ90L for two years.
5) Is GMAT required?
Only for elite MBAs like Harvard, LBS, and Wharton. Many MiM and Marketing programs do not require it.
6) Which MBA specialisations are best?
Analytics, Digital Marketing, Supply Chain, HR, and Sustainability/ESG are most in demand globally.
7) Which country is best for MBA?
Depends on your goals: Australia for longer post-study visas, UK for quick 1-year programs, USA for networks, and NZ for leadership focus.
8) What skills are important?
Analytics (Excel, SQL), project management, financial modelling, communication, and certifications like Salesforce and PMP.
9) What are common job roles?
Business Analyst, Consultant, Marketing Manager, Operations Manager, Product Manager, HR Specialist, and Supply Chain Analyst.
10) How can Guide to Heights help?
From admission to accommodation, visa support, training, and scholarships, we guide you every step of the way โ free of charge.