MBA is one of the top courses that provide individuals with the highest paying salaries. It is one of the unique courses that any individual can pursue at any stage of their life. It offers a promising career and comes forth as the best choice for many students. Let us look at what exactly is MBA and its scope. If you are interested in studying in the United States of America and know about the best MBA colleges/universities, you should read on.
Top 5 universities in the US for MBA
Here after listed are the top five universities for pursuing an MBA.
Stanford University’s Graduate School of Business offers MBA programs in various departments. Its full-time tuition is $74,706 per year. In almost 62 % of cases, the full-time program graduates are employed.
Wharton School at the University of Pennsylvania (Wharton) offers a full-term program, a two-year program. Its full-time tuition is $80,432 per year. Eighty-one percent of full-time program alumni are employed when they graduate.
It is the country’s first business school and today has the most prominent alumni network.
University of Chicago’s Booth School of Business offers full-time and part-time MBA programs. Full-time tuition is $73,440 per year; part-time tuition is $7,344 per credit; and executive tuition is $194,000 overall. 84.30 percent of full-time program alumni are employed when they graduate.
Northwestern University’s Kellogg School of Management (Kellogg) also offers both full-time and part-time MBA programs in various departments. Full-time tuition is $74,871 per year; part-time tuition is $7,273 per credit; and executive tuition is $108,918 per year.
Harvard University’s Business School offers a full-time course in business administration. Its full-time tuition is $73,440 per year. Seventy-nine percent of full-time program graduates are employed upon completion.
What is MBA?
A Masters in Business Administration (MBA) is a professional postgraduate degree program that leads to excellent employment prospects in various industries. The two-year degree program includes on-the-job training that allows students to obtain experience in the corporate world. MBA is a highly sought-after graduate business degree that teaches students technical, managerial, and leadership abilities. MBA provides essential business knowledge, expands your professional network, and opens doors to new prospects.
Why do MBA?
Business and the job market are fiercely competitive, and MBA prepares one’s with managerial abilities and leadership traits to contribute to the organization in multiple ways. Knowing how to operate a firm will benefit you if you are an expert in a sector. The following are some of the reasons for doing an MBA degree:
- Enhanced Career Prospects
- Salary Increase
- Industry Network in Development
- Improve management abilities
- Develop leadership skills
- Business and Economic Exposure on a Global Scale
- Developing Entrepreneurial Skills
For further details, visit the websites attached to the article. All the universities offer different scholarship programs. Check the different requirements well in advance, to be able to prepare and build your CV accordingly.