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Embarking on the journey to study business and management abroad is an exciting and transformative decision that opens up a world of opportunities. As you step into the world of global business education, you find yourself immersed in a dynamic environment where innovation, leadership and cross-cultural understanding thrive.
Taking up business and management courses abroad gives you the necessary skills and knowledge, broadens your horizons, shapes your outlook, and propels you towards a successful and fulfilling career.
When you choose to study business management courses abroad, you become part of a vibrant community of students and faculty from diverse backgrounds, each bringing unique experiences and insights to the classroom. There are respected professors from renowned universities abroad who are experts in their field and have practical industry experience.
Furthermore, the international perspective and skills you acquire are highly valued by employers worldwide after completing a business management degree. Whether you aspire to work in multinational corporations, startups, consulting firms or set up your enterprise, studying abroad equips you with the tools you need to successfully navigate the global business landscape.
This exposure increases your adaptability, gives you multiple career options and improves your intercultural communication skills, which are essential in today's interrelated and multicultural business landscape.
Here, we have provided you with the important highlight of Business & Management courses abroad.
| Particulars | Statistics |
|---|---|
| Course Name | Business & Management |
| Total no. of Business & Management universities abroad | 2400+ |
| Best Business & Management Courses | Bachelor, Master & MBA Courses in Business Administration, Commerce, Economics, International Business, Marketing, Finance, Entrepreneurship |
| Exams required | IELTS, TOEFL, PTE, SAT |
| Average Visa Cost for Business & Management Courses Abroad | Depending on the Country |
| Scholarships | Fulbright Program, Chevening Scholarships, Erasmus Mundus Scholarships, and Commonwealth Scholarships |
| Top Universities by Ranking | London Business School, Stanford University, Massachusetts Institute of Technology (MIT), University of Pennsylvania, Bocconi University, University of Cambridge, University of Oxford |
Studying Business & Management courses abroad offers numerous benefits due to which students can select to study abroad universities.
These are the reasons to study Business & Management degree abroad.
Diverse Range of Courses - Business & Management studies abroad cover various disciplines such as Business Administration, Marketing, Finance, International Business, and Entrepreneurship. Students can choose from undergraduate, postgraduate, and doctoral programs, depending on their educational background and career goals.
Global Perspective - Studying Business & Management degree abroad provides students with a global perspective on business practices, enabling them to understand different cultural, economic, and regulatory environments. This exposure helps develop cross-cultural communication and problem-solving skills, which employers highly value in today's interconnected world.
Networking Opportunities - Studying Business & Management courses abroad allows students to build a strong network of international contacts, including fellow students, professors, and industry professionals.
Studying under experts’ guidance provides students with a high-quality education and exposure to cutting-edge research and industry practices. This network can prove invaluable for career growth and international collaborations.
Business & Management Jobs and Internship - Many universities abroad offer internships and business & management job assistance, providing students with practical work experience and exposure to the international job market. This can significantly enhance their employability and career prospects after graduation.
Furthermore, a Business & Management degree from an international university can open doors to diverse career opportunities across the globe. Multinational corporations, consulting firms, startups, and government organisations actively seek graduates with international exposure and business acumen.
Enhanced Skillset - Business and Management courses focus on developing essential skills such as leadership, critical thinking, problem-solving, strategic planning, and teamwork. These highly transferable skills can be applied in various industries and sectors.
The qualifications needed to enrol in business and management courses overseas differ by nation and institution. However, the following standards are as follows:
Academic Qualifications - Students must have completed their secondary education (equivalent to high school) with a strong academic record to study in bachelor courses and a graduate degree for postgraduate courses.
Language Proficiency - Proficiency in the English language of instruction is essential. For English-speaking countries, students may need to provide scores on standardised language proficiency tests such as IELTS or TOEFL.
Entrance Exams - For undergraduate programmes, certain colleges may require applicants to take the SAT or ACT. The GMAT or GRE exams are required for graduate programmes to get admission to universities.
Application Materials - International students need to submit an application form, transcripts, letters of recommendation, statement of purpose, and a resume or CV along with their academic degrees.
There are numerous universities around the world renowned for their Business and Management studies. Some well-known universities offering these courses include:
| University Name | State, Country | QS World University Rankings 2023 |
|---|---|---|
| University of Cambridge | Cambridge, United Kingdom | 2 |
| Stanford University | Stanford, United States | 3 |
| University of Oxford | Oxford, United Kingdom | 4 |
| Harvard University | Cambridge, United States | 5 |
| California Institute of Technology (Caltech) | Pasadena, United States | 6 |
| Imperial College, London | London, United Kingdom | 6 |
| University of Chicago | Chicago, United States | 10 |
| University of Pennsylvania | Philadelphia, United States | 13 |
| The University of Edinburgh | Edinburgh, United Kingdom | 15 |
| Princeton University | Princeton, United States | 16 |
| Yale University | New Haven, United States | 18 |
| Cornell University | Ithaca, United States | 20 |
| Columbia University | New York City, United States | 22 |
| Johns Hopkins University | Baltimore, United States | 24 |
| University of California, Berkeley (UCB) | Berkeley, United States | 27 |
Here is a list of the best universities for Business & Management Courses, categorised by subject.
| University Name | State, Country | QS World University Rankings by Subject 2023 |
|---|---|---|
| Harvard University | Cambridge, United States | 1 |
| London Business School | London, United Kingdom | 3 |
| Stanford University | Stanford, United States | 4 |
| Massachusetts Institute of Technology (MIT) | Cambridge, United States | 5 |
| University of Pennsylvania | Philadelphia, United States | 6 |
| Bocconi University | Milan, Italy | 7 |
| University of Cambridge | Cambridge, United Kingdom | 8 |
| University of Oxford | Oxford, United Kingdom | 9 |
| The London School of Economics and Political Science (LSE) | London, United Kingdom | 11 |
| University of California, Berkeley (UCB) | Berkeley, United States | 12 |
| Northwestern University | Evanston, United States | 14 |
| New York University (NYU) | New York City, United States | 16 |
| University of Chicago | Chicago, United States | 19 |
| Columbia University | New York City, United States | 20 |
| Yale University | New Haven, United States | 25 |
For students interested in pursuing Business and Management studies abroad, here are some popular options:
Marketing
Operations Management
Data Science
Finance
Brand or Luxury Management
Supply Chain Management
General Management
Human Resources
The cost of studying Business and Management courses abroad can vary depending on factors such as
Country
University
Program Duration
Lifestyle Choices
Tuition fees for international students can range from thousand dollars per year. Additionally, students need to consider living expenses, including accommodation, food, transportation, and healthcare.
United States - In the US, the cost of tuition for various business and management courses offered can range from $10,000 to $60,000 per year. Depending on where you live, living costs range from $8,000 to $18,000 annually.
United Kingdom - TInternational students studying Business & Management studies in the UK pay tuition fees that range from £14,000-£15,000 annually. In addition, annual living expenditures are predicted to range between £10,000 to £13,000.
Australia - In Australia, Business & Management degrees will cost between AUD 30,000 and AUD 50,000 per year in tuition. A rough estimate of annual living costs is AUD 21,041.
Canada - Best Business and Management courses in Canada have tuition fees ranging from CAD 15,000 to CAD 40,000 per year for international students. Living expenses vary but can be approximately CAD 10,000 to CAD 15,000 per year.
Europe - Because many institutions provide free education to overseas students, the average cost of studying for Business & Management degrees ranges from 4000 to 12000 thousand euros. The annual cost of living ranges from EUR 6,000 to 8,000. International students can get up to 100% scholarships in many countries.
New Zealand - In New Zealand, the cost of tuition for business and management degrees ranges from NZD 35,000 per year. A rough estimate of annual living costs is NZD 20,000.
Note: These rough numbers change depending on the location, length of the course, and reputation of the university.
The cost of a student visa for studying Business & Management courses abroad varies by country. It typically includes visa processing fees and any additional charges for medical examinations or biometric data collection.
United States - The cost of applying for a student visa to the United States for Business & Management courses is about $350. Students may also be required to pay the around $185 SEVIS (Student and Exchange Visitor Information System) fees.
United Kingdom - A Tier 4 (General) student visa costs around £348 in the UK. The Immigration Health Surcharge (IHS) costs £470 annually.
Australia - The cost to apply for a student visa in Australia is around AUD 715. As part of the visa requirements, students could also have to pay for medical check-ups and health insurance.
Canada - The cost of a student visa for Canada is around CAD 150, with an additional CAD 85 for biometrics. Additionally, students might need to pay for medical exams and show proof of financial assistance.
Europe - For international students, the visa application price ranges from EUR 90 to EUR 150.
New Zealand - The cost to apply for a student visa in New Zealand is around NZD 375.
Many universities and organisations offer scholarships and financial aid opportunities to international students pursuing Business & Management courses abroad.
Students are encouraged to explore scholarships specific to their chosen university, country of study, or external funding sources.
Some renowned scholarships for Business and Management Studies for international students are as follows –
Fulbright Program
Business and Economics Scholarships
Legacy Scholarship Program
Academic Excellence International Master Scholarships
Global Postgraduate Scholarship
Chevening Scholarships
Erasmus Mundus Scholarships
The pay scale for graduates of business and management courses overseas might change depending on the nation, the job function, the sector, and the amount of experience.
Business degree holders may anticipate competitive pay, especially if they attended reputable schools and had relevant Business & Management Jobs experience prior to graduation. The higher-income potential is frequently available in the financial, consulting, marketing, and entrepreneurial industries.
Studying Business and Management courses abroad offers a unique opportunity for students to gain a global perspective, develop essential skills, and unlock exciting career prospects.
Whether pursuing undergraduate or postgraduate programs, studying abroad exposes students to diverse cultures, expert faculty, networking opportunities, and the chance to build an international career. While costs are involved, scholarships and financial aid options are available to support students in their educational journey.
With the right qualifications and a passion for business, studying abroad can be a transformative experience that opens doors to success in the global business landscape.
We have provided sufficient information about the best Business & Management courses abroad.
If unsure or want deeper insight, we encourage you to speak with our expert counsellors at Meridean Overseas Education Consultants (MOEC).
If you cannot travel to our offices, we offer online counselling services via our website. Our dedicated counsellors will provide the best guidance regarding your application to study abroad at universities. Don’t hesitate to contact us at application02@meridean.org or call us at 1800-1230-00011.
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Yes, undergraduate courses are particularly created for students who have passed their 12th grade.
Yes, many colleges and organisations give overseas students access to financial help and scholarships. It is wise to look into and apply for relevant scholarships to the university or nation where you wish to enrol.
The level of language skills varies by university and nation. Many English-speaking nations demand citizens pass exams like the TOEFL or IELTS to prove fluency in the language. Countries that do not speak English could have different linguistic requirements.
Depending on the level of study, the length of business and management studies abroad might change. Postgraduate courses last one to two years; undergraduate studies take three to four years. A doctoral degree can last for several years.
Studying business and management studies overseas can improve your job chances since it will give you a global perspective, help you build important skills, and widen your professional network. When hiring for leadership positions or tasks requiring cross-cultural knowledge, employers frequently emphasise commercial understanding and international experience.
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