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The Not So Sought-After GMAT in Business Schools | Study Abroad MBA without GMAT

Study Abroad MBA without GMAT

What is GMAT?

The Graduate Management Admission Test (GMAT) is a standardised evaluating system used by various Graduate Business Schools around the globe for the evaluation of applicants aspiring to pursue graduation overseas. While most students prefer the GMAT for a better chance of admission at their dream universities, the GMAT is not feasible for most of them. Study Abroad MBA without GMAT is a blessing in disguise for working professionals.

While conducting your mini research of finding out the best of colleges to suit your aptitude and situation, certain uncertainties and anxieties might have filled your mind. You might want to know if a GMAT is a compulsory requirement for every university. To add to your excitement, the good news is that there’s no need for you to worry. Some of the universities abroad waive off GMAT scores. Such institutions pay more weight to work experience and relevant skills in management or intense scholarly research. Another criteria to consider is your language proficiency test scores.

For MBAs without GMAT, your academic credentials, transcripts, and a decent resume add to your chances of being selected. Work experiences (not necessarily business-based) further increase your chances.

Types of MBA programs You Need to Know:

  1. Executive MBA: A program designed for professionals with 5 or more years of experience. Such MBA does not prioritise the GMAT.

2. Accelerated MBA: These are fast-track MBA courses that do not require the GMAT for admissions.

3. Part-time MBA: A course outlined mostly for working professionals. Part-time MBA courses waive off GMAT or do not consider the scores for their application process.

However, some universities which do not ask for GMAT keep work experience even that of 2-10 years as mandatory criteria. 

For your reference, here is a collective list of universities waiving off the GMAT scores. 

MBA without GMAT, USA

MBA in the USA without GMAT is one of the most sought-after programs in the world. The world-class facilities and global exposure that MBA courses offer keep it at the top-notch. The advanced business environment, technical market scenario, learning prospect, and career boost add up to its advantages.

Rather than a GMAT score, the business schools in the USA give more weightage to the work experience and other qualities of the aspirant including his/her intellectual abilities, leadership, work ethics, interpersonal skills, and a problem-solving mindset.

Some of the universities to look for if you are in search of universities in the US that offer admission without GMAT are Kenan-Flagler Business school, the University of North Carolina, MIT Sloan School of Management, Massachusetts Institute of Technology, Questrom School of Business, Boston University, the University of Tampa, Pace University, and New York Institute of Technology (NYIT).

Besides, a master’s in management in the USA without GMAT for qualified career-driven professionals is now one click away. Whitman, Syracuse University, is one of the MBA colleges in the USA that offers a full-time Online MBA Programme that allows candidates to pursue this course without the hassles of relocating.

MBA without GMAT, Canada

MBA in Canada without GMAT comes with quite a diverse range of qualification criteria. MBA colleges in Canada without GMAT give the students the leverage to balance work life and studies. One example is the Ivey Business School, Toronto which offers an Executive MBA program. Students admitted to this school are required to attend four consecutive classes once every month and complete the target of the course within 15 months, alongside their career. There is also scope for a Part-time Alternate Weekend MBA in case you do not opt for the GMAT. Other universities such as Schulich School of Business, York University’s Executive MBA Program require only valid academic credentials and other compulsory transcripts.

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MBA without GMAT, Australia

If you have a good profile including years of work experience or good recommendation letters, but cannot manage the time for a GMAT test, business schools in Australia is the best choice for you. A minimum of 2-3 recommendations or reference letters from previous employers would amplify your chances. Such assets are helpful in a quick analysis of your credibility, character, potential, and work ethics. Australian National University, Canberra, Melbourne Business School, Monash University are the universities you should search for.

A well-crafted statement of purpose, a convincing Resume or a cover letter to add toppings to your credentials is all you need to pursue MBA in the USA without GMAT scores. The bonus of your cover letter is that not only will it focus on your achievements and skills but make you a potential asset and a bright student for the university.

MBA without GMAT, UK

MBA in the UK without GMAT Business schools in the UK attract global attention for their world-class MBA programs as well as 1-year MBA courses. The conciseness of the UK’s management programs makes them organised and works in favour of both working professionals and fishermen. There are numerous opportunities available for you in case you don’t have your GMAT scores or an expired GMAT score.

Ranging from handling modern business problems on a global scale to acquainting you with theoretical tools and strategies, the universities of the UK does it all. Its real-time relevance in real-world business situations makes the courses more meaningful.

Here are some of the top MBA universities where you are eligible to apply without a GMAT in the UK: University of Reading, University of Central Lancashire, Birmingham City Business School, Middlesex University, Lancaster University Management School, Durham University Business School, Cranfield School of Management, Cranfield University, Warwick School of Business, University of Warwick.

MBA without GMAT, Germany

If you are looking for the most cost-effective MBA courses for your life, Germany is the destination for you. Germany is famous for its world-class education offered at a low cost. MBA in Germany without GMAT is way easier than in any other country. Top business schools in Germany evaluate students purely on the basis of their academic excellence, work experiences including their extracurricular achievements, etc. Germany takes into account the overall performance of the applicant.

One speciality of Germany is that some public universities do not even charge tuition fees. This is a big relief for international students.  Besides, the country provides a range of specializations and types of NBA’s including Entrepreneurial Management, Leadership and Innovation and Entrepreneurship at affordable costs.

Here is a list of 10 best German universities that eradicate GMAT score from their MBA eligibility criteria: TU Munich, Ludwig Maximilian University Munich, University of Kiel, University of Tubingen, University of Stuttgart, Accadis Hochschule Bad Homburg, Akademie Wurth Business School, Berlin School of Economics and Law, Cologne Business School, Dresden International University.

MBA without GMAT, Singapore

Considering the job prospect and career exposure, Singapore is home for most management courses of students from India. Universities in Singapore are the epitome of diversity inclusion. Those are hubs of excellence, intellectual stimulation, and student welfare practices. MBA in Singapore without GMAT are well known for their dynamic selection of applicants keeping academic records and co-curricular activities in perspective. With a burgeoning financial centre, Singapore offers the most promising working environments in Aisa-Pacific.

Some of the best colleges for MBA in Singapore are:

PSB AcademySP Jain School of Global Management
East Asia Institute of Management (EAIM)Yale-NUS College
Universities for MBA in SingaporeNational University of Singapore (NUS)
INSEAD SingaporeNanyang Technological University-Nanyang Business School (NTU-NBS)
Singapore Management University-Lee Kong Chian School of Business (SMU-KCSB)James Cook University (JCU)

MBA without GMAT, India

Why Pursue One year MBA in India without GMAT?

Studying in India has always been fun, full of exposure and passion because of its vast variety of options for any student. The options are as vast and different as the country itself. MBA courses from the 20 plus top-ranking business schools of India witness the greatest demand from students.

Job safety and an easy way of promotion: Being an MBA will ensure that the student has better job security in a firm. There is cut-throat competition everywhere, having an MBA will make sure that the student makes up his way to the highest.

Greater knowledge at the cost-effective range: When a student opts for higher education, he gets exposure and specialised knowledge which will help him in working efficiently. Living in India is way cheaper than in any other country. The cost of living in any foreign country is way too high in comparison with India.

MBA without GMAT, Europe

Scope of Studying MBA in Europe without GMAT

International business mindset: Instead of remaining cooped up in a stagnant idea, an MBA in Europe without GMAT will expose you to numerous ideas. This gives you a growth perspective to develop and pick up global ideas in terms of business. The added benefit of exposure to people from multiple cultures and lifestyles might give you a better insight. 

Affordable tuition fees: Business schools in Europe provide top-class education within feasible and most affordable tuition fees. The comparative financial relaxation without compromising quality education makes Europe one of the most choosable destinations among MBA aspirants.  

Diverse MBA courses: Europe provides a range of unique courses to select from within MBA which makes the course dynamic.  Availability of diverse courses added with excellent training marks the unique point of MBA in Europe. 

Exposure to the uniqueness of European MBA degrees: MBA in Europe without GMAT provides a range of unique and interesting business fields starting from fashion to fine wines. European business schools adopt an innovative teaching style also focusing on social entrepreneurship in their programmes. 

Amplify and multiply your career: The one-year degree course offered by European countries give a career boost for working professionals as well as students. The students benefit from the course with an early introduction to the corporate world. 


Can we do MBA after B.Com?

Absolutely! Most of the universities overseas ask for a GMAT score and a graduate-level educational qualification from any business-related or non-business-related field. MBA after B.Com would not be your worst choice of course.

What is the fee structure for the Distance MBA programs?

The fee structure of the Distance MBA programs ranges from Rs 50,000 to Rs 1 lakh

Can we have an MBA in Media Management in Distance Education?

Yes, there is a scope of MBA in Media Management Distance Education which is a two-year course.

Is it possible to do an MBA with less expenditure?

You would be happy to know that some universities in Germany provide MBA courses with zero tuition fees.

Why do students of India choose MBA without GMAT in Singapore?

Along with providing a global experience, Singaporean universities are well known for their dynamic selection process of applicants keeping in view their academic records and extracurricular activities which makes Indian students choose MBA courses in Singapore.

What is the cost of an MBA in Singapore for Indian Students?

The average tuition fee for an MBA in Singapore for Indian students ranges from ₹ 19 to ₹ 43 lakhs.

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Is Work Experience necessary for GMAT

An employe looking for statistics, in reference for work experience for GMAT

Is work experience necessary for GMAT? A common question that ponders in the minds of every business aspirant. If you want to give a GMAT exam, then, here are some of the eligibility criteria that you need to know in 2021- Nationality Academic qualification Age Academic scores or grades Prior work experience Type of undergraduate … Read more

Is GMAT tougher than CAT?

A student confused sitting on chair, thinking about which exam to choose GMAT or CAT?

Is GMAT tougher than CAT? Let’s find out! GMAT is widely known around the world by 2000 business schools and 7000 MBA programs. CAT, on the other hand, is a national level entrance exam and is accepted by Indian business schools. You have to remember that your GMAT score is valid for 5 years from … Read more

GMAT for Executive MBA

Student climbing on books ladder in reference of GMAT for Executive MBA

GMAT for Executive MBA (EMBA) program focuses on several courses in each of the major business disciplines- leadership, strategy, communication, and management skills. This EMBA program will focus on your broad career management, your EMBA will provide you with strong general management skills, and helps you to prepare to take the next steps in your organization.

EMBA program is like the full-time MBA programs, it is full of experience, with learning from both outside and inside the classroom. To get admission in this program, you have to take a GMAT exam for an Executive MBA.

The GMAT is typically associated with admission for MBA programs. If you are younger and want to pursue EMBA then GMAT if necessary. The younger candidates who are coming directly from college are better-primed for frequent testing and have more recently completed their studies in the type of mathematic and quantitative reasoning skills that the GMAT assesses.

GMAT cut off for executive MBA

As we know that GMAT score is valid for 5 years and within this tenure you can get into any B-school. To pursue an Executive MBA, you need to have a GMAT score for EMBA. Here is the list of some B-schools that offer GMAT for executive MBA-

Name of B SchoolName of CourseCut-off
IIM AhmedabadePost Graduate Programme (EPGP) & Post Graduate Programme in Management for Executives (PGPX)680 for EPGP, 700+ for PGPX
IIM BangaloreePost Graduate Programme (EPGP)709 for EPGP
IIM KolkataMBA for Executive Program (MBAEX)701 for (MBAEX)
IIM LucknowInternational Programme in Management for Executives (IPMX)680+ for IPMX
IIM IndoreePost Graduate Programme (EPGP)700+ for EPGP
ISB HyderabadPost Graduate Programme (PGP)708/710 for YLP, 690 for PGP
SP JainGlobal MBA — GMBA & MBA650 for GMBA, 700+ for MBA
BITS PilaniMBA600+ for MBA
IMT GhaziabadPost Graduate Diploma in Management (PGDM) ExecutiveAvg. Score-690, minimum 500 for PGDM-Ex

You need to know that most of the top business schools that are offering EMBA programs still want to see a GMAT score.

If you’ve taken the test up to five years ago, you still have a chance, as most universities will still honour that score.

If not, most of the top schools say that they take the whole picture into account when assessing a candidate’s merit, so perhaps a slightly lacking GMAT score can still be overlooked with stellar job performance to fill in the gaps.

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Syllabus for Executive MBA Course

As stated earlier, the regular MBA programme is almost similar to the regular MBA programme. In EMBA the topics are taught in a more focused manner. Here are the topics that is common in the Executive MBA syllabus-

  • Financial Reporting and Analysis
  • Designing Organizations
  • Competition and Strategy
  • Macroeconomics
  • Decision Sciences
  • Entrepreneurial Management
  • Corporate Finance
  • Managing People & Performance in Organizations
  • Business Law
  • Managerial Economics
  • Corporate Governance & Ethics
  • Marketing Management
  • Operations Management

The top companies where Executive MBA works mostly-

  • HCL
  • Infosys
  • Vedanta
  • Trident Group
  • Grey Orange
  • KPMG
  • Reliance Industries
  • Larsen & Toubro (L&T)
  • Cadbury
  • Hindustan Unilever (HLL)
  • UltraTech Cement
  • Mahindra and Mahindra
  • ITC Limited
  • Tata Motor
  • Godrej & Boyce Mfg. Co.
  • Asian Paints

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GMAT Vocabulary

A girl sitting before a dictionary GMAT Vocabular

An important aspect of Business-school admissions, GMAT is a qualifying test required by most universities abroad, specifically in countries like the USA and UK. Get access to all the GMAT vocabulary you require to crack the exam.

This exam is a multiple-choice, computer-based and computer-adaptive standardized exam. Along with your educational qualifications and work experience, Business schools also ask for an excellent GMAT score. The exam evaluates your grasp over areas of algebra, geometry, basic arithmetic, multi-source data analysis, grammar and has four sections. The four sections that form the GMAT exam paper are:

  • Analytical Writing Assessment
  • Integrated Reasoning
  • Quantitative
  • Verbal

Giving equal attention to each section of the GMAT is necessary to attain a good score. The candidates have a choice to choose the order in which they attempt each of these sections and this can be done at the exam centre itself just before the exam begins.

The focus of this article will be on the Verbal reasoning section of the test and English vocabulary in specific. The verbal reasoning section has a scaled score of 0–60. It is important to ace this section maintain a good overall score in your GMAT exam. The mean score of Verbal is 27 and MBA programmes weigh the scores of this section very heavily along with Quantitative at the time of admissions.

Why is GMAT Vocabulary important?

  • GMAT vocabulary is essential for the verbal section as the entire verbal section would be based on GMAT vocabulary. It will also be used in other sections of the test.
  • Strong hold on the GMAT vocabulary will enable you to confidently attempt the verbal section and promise you a good score.
  • GMAT vocabulary questions will be both direct and indirect. Questions such as those of Sentence Correction, Reading Comprehension, and Critical Reasoning would require a strong GMAT vocabulary for you to be able to answer them.
  • Hence, GMAT vocabulary is an important element to be taken care of while preparing for GMAT.

Strategies to Strengthen your GMAT Vocabulary

Preparing GMAT vocabulary and GMAT vocabulary questions can be a tricky task at times. If you’re not a native English speaker, you need to put in extra effort to become comfortable with GMAT vocabulary questions. The vocabulary will come in handy while reading comprehensions, understanding them and then answering related GMAT vocabulary questions.

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Here is a list of a few strategies that you can keep in mind while preparing for GMAT vocabulary:

  1. Previous-year/Mock papers
  2. Going through the previous year/mock papers will be your gateway to GMAT vocabulary. Go through these papers carefully and read the passages mentioned in them.
  3. This will make you understand the type of vocabulary you need for GMAT vocabulary questions. You can then go online and look for relevant material. You can even create a GMAT vocabulary list 2021 pdf or use those available online.
  4. Read newspapers and magazines
  5. Reading a variety of newspapers and magazines will surely help in improving your vocabulary for the test but reading specific newspapers and magazines that use GMAT vocabulary will be the most beneficial for candidates.
  6. You can read magazines, newspapers, articles, research papers that use GMAT vocabulary.
  7. The most common topics that are repeated in the GMAT exam are American History, Astronomy, Biology, Economics, Environmental Science, European History, Humanities, Human Resource Management and Physics.
  8. You can read relevant material on the topics mentioned above while preparing for the GMAT. You can refer to publications such as Scientific American, Financial Times, The Economist, and Bloomberg Businessweek etc for an insight into business/GMAT vocabulary.

Prepare a GMAT vocabulary list 2021 pdf

  • While you’re going through the material keep noting down the new words that you come across along with their definitions. This will help you create a list of new words that you can refer to.
  • While doing this, you will realise that these words are not only used in the verbal section but will also come in handy while solving questions of other sections. You can add to the list that you have created from the GMAT vocabulary list 2021 pdf that is available on the web.
  • Get familiar with the new words through flashcards and quizzes
  • Using flashcards is a highly suggested method to prepare a strong GMAT vocabulary. Take a few small card pieces and on one side write the new word from the GMAT vocabulary list 2021 pdf that you found online or have created and on the other side write its definition.
  • You can ask a friend or family member to test you and keep eliminating the cards with words that you have learnt by heart. Keep creating new cards as you come across new words in the GMAT vocabulary list 2021 pdf. You can even test yourself using various quizzes available online.
  • There are several apps available that help you with the same as well.
  • Practice!
  • As the saying goes, practice is the key to success; practice is also the key to ace the GMAT. Solve as many mock papers as you possibly can and follow the trends.
  • Time yourself, test and then check your progress. Keep tracking your progress. Practising will allow you to use the words that you have learnt and in turn help you know their uses. Identify the words which you found difficult to understand and work on them.

Here is a list of a few commonly used words in the GMAT exam. Refer to the list, look for their definitions, understand and then memorise them.

  1. Abstain
  2. Analyse
  3. Annul
  4. Assertion
  5. Assumption
  6. Chronic
  7. Claim
  8. Contention
  9. Cite
  10. Corroborate
  11. Efficient
  12. Faction
  13. Faulty
  14. Imply
  15. Inference
  16. Mitigate
  17. Maintain
  18. Paradox
  19. Premise
  20. Posit
  21. Redundancy
  22. Sufficient
  23. Undermine
  24. Validate
  25. Warranted

Hope this article is helpful to you.

Best of luck!

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How to start GMAT preparation from scratch

A college boy writing on the board who is preparing for GMAT Exam from starting

Are you looking how to start your career in business? Learn how to start GMAT Preparation from scratch. The Graduate Management Admission Test or GMAT is an important part of applying to an MBA. GMAT exams have usually multiple-choice questions, which are computer-based and computer adaptive. This is often required to get admission into MBA colleges or universities globally. You will find a list of colleges in India that accepts GMAT scores while applying for an MBA program.

There are four sections in the GMAT exam. Here are they-

  • Analytical Writing Assessment
  • Integrated Reasoning
  • Quantitative 
  • Verbal

As you are preparing for the GMAT exam, you need to know the scoreboard, or you can say how you will be scored for the performance-

  • The Analytical Writing Assessment section of the GMAT scores separately from 0 to 6 in half-point increments. 
  • The Integrated Reasoning section also scores separately on 1–8 scale, in one-point increments.
  • The Quantitative and Verbal sections each have a mapped score of 0–60. 
  • You are probably familiar with that, both the sections are then combined to generate a score on the 200–800 scale, with 10-point increments
  • Your score on the 200–800 scale, in 10-point increments, reflects the level of difficulty of the questions you answered correctly using a proprietary GMAC algorithm.

GMAT Preparation in Kolkata

GMAT Score

Percentile Total GMAT Score
Top 10% of all test takers710
Top 25% of all test takers650
Top 50% of all test takers580
Below 50th percentile of all test takers570

*If you are considering applying to any of the MBA programs, then you need to target 710 or higher on the GMAT to be a strong applicant.

How to start your GMAT preparation from scratch?

Those who are going to give the GMAT exam 2021. You can go through these top GMAT preparation tips.

  1. Learn all about the test sections and create your study plan. 
  2. Candidates should follow a proper GMAT study plan and follow that religiously.
  3. Collect GMAT prep materials either online or offline. There are a lot of online GMAT prep materials that you can use to prepare for the test
  4. As you will be allocated limited time span, develop skills that will come in handy while giving the test. Find your fragile areas and work on it, so, it will not affect your action on the entire exam.
  5. Practice more and more, till the date you have given the exam.

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GMAT preparation for beginner’s

If you are deciding to take up the GMAT exam and is serious about business school. Here are some of the preparation tips you can follow to fulfil your dream- 

  • Start your GMAT exam preparation six months prior to the exam date. According to the surveys, it is advisable to have an eight-week study timeline that is ideal for a student preparing for this exam. 
  • Revise the basic maths skills and study one section of the test at a time.
  • Practice pacing, because time management is difficult in completing the GMAT Exam.
  • Review the types of questions in the Analytical Writing Assessment, Integrated Reasoning, Verbal, and Quantitative Reasoning sections for your test. 
  • Use the sample question papers or the previous question papers to practise better, before doing so analyse the question. 
  • Have a clear mindset, because preparing for the GMAT exam can be difficult. You need to have confidence in your abilities to beat other aspirants.

Where to start GMAT Preparation

As we have just read in this article that there are four sections in this section. Now we are going to know what are the topics are main to each section. 

Analytical Writing Assessment (AWA)

In this section, you will have to write an essay with your writing skills. Then, it will be scored by a human grader and then by a computing grading system, with the average of the two scores will get your final score. If there is a difference between the ratings, then another human grader reads and scores your essay. 

As of the writing task, you will be presented a brief argument with a paragraph to find a Critical Reasoning question On the Verbal section. Remember not to present the point of your view, instead, you are tasked with critiquing the author’s argument, analysing the soundness of the author’s evidence and reasoning.

While scoring, essay graders are looking that you can clearly identify the argument and analyse it. To collect your thoughts and ideas, and, logically connect them with your statement. 

Integrated Reasoning (IR)

In Integrated Reasoning, you will be asked questions about the multi-source or graphics Interpretation. You will be allocated 30 minutes, and the Integrated Reasoning section comprises four sections for a total of 12 questions. 

The four types of questions in the Integrated GMAT Reasoning Section includes-Multi-Source Reasoning, Table Analysis, Graphics Interpretation, and Two-Part Analysis. These questions involve both quantitative and verbal reasoning, either separately or in combination. 


The GMAT Quantitative section compromised with analytical knowledge of basic maths including arithmetic and number properties, algebra, and geometry. The section consists of two question types-

Data Sufficiency

Data Sufficiency questions consist of a question and two statements of information. You have to find out whether the statement provides sufficient data to answer the question. You need to quickly identify the information and solve the problem to eliminate any other answer choices.

Problem Solving

Problem Solving is a similar question type. You will be handed a question and five possible answer choices. Problem-Solving questions use high-grade school–level maths up to algebra and plane geometry to test your critical thinking skills.


The GMAT Verbal section is conducted to test your command of the standard of written English, your skill in analysing arguments, and your ability to read critically. There will be three question types in this section – 

Critical Reasoning 

Critical Reasoning questions test your skills involved in making and evaluating the arguments, as well as formulating a plan of action. 

You will be presented with short arguments or a series of statements and a question relating to your actions. 

Succeeding on Critical Reasoning, questions requires understanding the structure of each argument and exact logical analysis of the connections between shreds of evidence and conclusions.

Sentence Correction 

In GMAT Sentence Correction, you will see long and involved sentences. A part—or all—of the sentence will be underlined, and you have to find the best version of the underlined section out of the original or one of four alternatives choices. The sentence may contain one or more errors, or not at all.

Reading Comprehension 

The questions will test your critical reading skills, more specifically your ability to summarize the principle idea and differentiate between ideas. They are to be stated specifically and those implied by the author, make inferences based on all information in a text and analysing the logical structure of a passage. The author’s tone and attitude about a topic should be concluded. 

You will be given an academic reading passage on a topic related to business, social science, biological science, or physical science and will be asked about 3 to 4 questions about that text.

Test SectionTime Limit/ No. of QuestionsQuestion TypesScore Range
Analytical Writing Assessment30 minutes1 QuestionAnalysis of an Argument0-6(in 0.5-point increments)
Integrated Reasoning30 minutes12 QuestionsGraphics Interpretation, Table Analysis, Multi-source Reasoning, Two-part Analysis1-8(in 1-point increments)
Quantitative Reasoning62 minutes31 QuestionsData Sufficiency, Problem Solving6-51(in 1-point increments)
Verbal Reasoning65 minutes36 QuestionsReading Comprehension, Critical Reasoning, Sentence Correction6-51(in 1-point increments)

There are some MBA colleges in India, that accept GMAT scores. Here is the list of the colleges  –

  • Indian School of Business
  • Xavier Institute of Management
  • Indian Institute of Management (IIM)
  • S.P Jain Institute of Management and Research
  • Amity School of Business
  • Institute of Management Technology
  • Xavier Institute of Management and Entrepreneurship
  • Christ University Institute of Management
  • SDM Institute of Management Development
  • Fortune Institute of International Business
  • Indus Business Academy
  • Adarsh Institute of Management and Information Technology
  • Indian Institute of Management
  • Xavier University (XIMB)
  • PES University
  • Universal Business School
  • Institute of Management Technology
  • Indian Institute of Management
  • International Management Institute
  • Indian Institute of Foreign Trade
  • NMIMS University School of Business Management
  • Institute of Management Technology
  • T.A. Pai Management Institute
  • Indian Institute of Management
  • Birla Institute of Management Technology
  • Shailesh J. Mehta School of Management
  • Welingkar Institute of Management Development and Research
  • Lal Bahadur Shastri Institute of Management
  • Asia Pacific Institute of Management
  • Institute of Financial Management and Research

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MBA in Luxury Brand Management

Brand Management 01 Baibhav Ojha MBA in Luxury Brand Management

The aim of luxury brand management is to keep creating unforgettable experiences. They must engage in the product description, brand experience, and even in service creation, as well as in creativity, media skills and engagements.

Their key goal is to examine the brand’s consumer relationship. They’ll focus on the audience and marketing, as well as do extensive research into how to view brand positioning and convert the leads into sales by their strategies.

The person who works under Luxury Brand management is the Luxury Manager. He or she is responsible for the market research for all the products and even organizes campaigns.

If you have a degree in MBA in luxury brand management, then you are more likely to live one of the most luxurious lives on this earth. You could easily buy the products of the most famous brands like Louis Vuitton, Burberry, and more.

Affording luxuries would be the last thing you would get. With a perfect blend of grades and skills, you could specialize in fashion, food, wine, and more in designs.

This field is so specialized that many schools across the world are offering special programs and are even offering internships to the students or a consulting project in a luxury-related firm.

MBA in Luxury Brand Management Scope

If we are speaking about the MBA in Luxury Brand management then please remember that the reports of High-Income Earners (HNI) have stated that there is an increase of 94% in India’s earning rates.

Countries like China are expected to rise above 74% in their estimation. People all over the world are trying to acquire skills in the field of jewellery, fashion, technology, wine, and even travel.

Is Luxury Brand Management a good career?

As we have headed so much in the topic, then let me give you some more information on the career options in Luxury Brand Management.

If you are a Luxury Brand Manager and live on a pay scale then the average salary of an entry-level is around £32,875 per year (which is enough to live a luxury life). Moreover, you would get the right kind of expertise and have an opportunity to build your professional growth.

What does a luxury brand manager do?

You might be intrigued with what a luxury brand manager does? Well, nothing much authentically. They have worked as a standard office person from 9 to 5, get the work done in the deadlines, and have some extra skills to meet the company’s needs.

They need to meet various people outside the office and get the work done overseas, moreover, they have to be more creative than the normal employee of the company.

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There is a list of duties and responsibilities which they need to do.

The duties are-

  • To know the core of the audience and know what they can spend on any individual product.
  • To know the competitors and should work under the deadline.
  • Have to work with other people and teams like the creative development team and even the marketing team to come up with new ideas for the brand and the product.
  • Monitoring the needs and the feedback of the customer.
  • To coordinate with the departments and come with various brand images and to let it stay intact to the wider section of the society.
  • At the end of the product, coming up with a name, services, and even taking a call on the final look and even the product packaging.
  • Now, comes the marketing part. Creating a buzz in the industry and even trying to hype the product by arranging launch events.

MBA in Luxury Brand Management in Canada

Canada is one of the most diverse and safest countries in the world, along with the best educational system provided by the country. Many MBA students opt for Canada due to its best MBA universities in the world and the country.

Canada is such a place where it attracts multiple international students across the globe to study there and pursue their higher education. There are several benefits to do MBA in Canada

  • Across the globe, it is affordable and globally recognized.
  • It will enhance your career opportunities and earning potential.
  • They put more practical implementation than the books.
  • They even provide internship programs.

Here is the cost of the tuition fees in MBA top colleges-

Course duration – 2 years

Fee – $84,028

Course duration – 1 year

Fee – $71,445

Course duration – 2 years

Fee – $99,400

Course duration – 20 months

Fee – $89,000

Course duration – 20 months

Fee – $53,392

Course duration – 1 year

Fee – $33,200

Course duration – 16 months

Fee – $60,440

Course duration – 1 year

Fee – $101,500

You can choose any one of the colleges as they are the best in the best country according to your needs. You can even get scholarships there and can even apply to colleges.

MBA in Luxury Brand Management in the UK

Uk is the most popular country in Europe and across the globe. There are the most acknowledged and prestigious colleges which allow the students to choose the best one.

In the UK luxury marketing is becoming more competitive and more complex which is leading the MBAians an opportunity to grab. They will develop the skills of interacting with digital technology and contemporary culture.

The benefits of learning MBA in Luxury Management in the UK are-

  • It will develop analytic skills and even teach you to be creative and have critical thinking for problems.
  • Teach you to know the competitors of the global companies and even allow you to collaborate with other classmates and think like an entrepreneur.
  • They will teach you how to make a decision and make critical thinking in the context of the luxury market and also teach you to be profitable.

In the tenure, you will be taught to take opportunities and lead them into your profit. During the research session, students will have to apply the theories, concepts and even the frameworks that will be previously taught.

In the MBA in luxury management in the UK, you will have several assessments that will be used in the programme and you will receive group projects like case studies, written courses, applied projects, group presentations, individual examinations and even a researched-based final project.

MBA in Luxury Brand Management in France

France is currently the 20 best countries in economy and even in their higher education learning. France has the best public and private universities in the country that offer MBAs in Luxury Management.

MBA in France

Some of the universities that offer MBA in Luxury Management in France are-

  • ESLSCA Business School
  • Institut Supérieur de Marketing du Luxe – SUP de LUXE
  • ILCI Business School
  • IFA Paris
  • ESP – School of Communication & Marketing
  • CMH
  • IPAG Business School
  • Mod’Art International Paris

These universities and colleges offer the best MBA in Luxury Management in France. Do check them out.

MBA in Luxury Brand Management in Germany

We all know that Germany is the hub of the business world. There are plenty of international business schools offering MBAs in Luxury Management in Germany. You can get the course full time, part-time and even as an online degree which will double up the career options in the next level.

MBA in Germany

The benefits you would receive in studying MBA in Luxury Management in Germany are-

  • There are top business schools which would give you enough exposure and communication and skills.
  • The price is affordable which is between 250 to 500 Euros per semester in public universities.
  • You can easily get internships in Germany.

Some of the best public universities for MBA in Germany are-

  • University of Cologne
  • Technical University of Munich
  • University of Mannheim Business School
  • Ludwig Maximilian University Munich
  • HOF University Germany
  • RWTH Aachen University
  • HWR Berlin

Some of the other business schools for international students are –

  • Technical University of Munich
  • Frankfurt School of Management
  • ESMT Germany
  • Mannheim Business School
  • WHU Germany
  • HHL Leipzig Graduate business school
  • University of Cologne Business School
  • ESCP Germany
  • GISMA Business School Germany
  • Business School Pforzheim
  • European Business School
  • EU Business School Munich

MBA in Luxury Brand Management in the USA

Some of the schools that offer MBA in Luxury Management in the USA are-

  • NYU Stern School of Business, New York University
  • UCLA University of California, Los Angeles – Anderson School of Management
  • Emory University – Goizueta Business School

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Which Country is Best For MBA for Indian Students?

No logo Blog Cover .png 08 Baibhav Ojha Which Country is Best For MBA for Indian Students?

Are you planning to pursue MBA abroad? Are you worried about which country is best for MBA Are you struggling with questions like ‘Which Country Is Best For MBA For Indian Students?’, ‘Which Country Is Best For MBA Without Work Experience?’ and ‘Best Country To Study MBA In Low Cost?’. Fret not, in this article we will take a look at some of the top countries offering MBA abroad.

List of Countries that offer top MBA Programs:

United StatesUnited KingdomCanada
New ZealandSingaporeSwitzerland

1. USA: The most popular destination among Indian MBA students

Home to Top Business Schools:

  • Not surprising that the USA has figured on the top of the list. With the highest share of universities offering MBA in the top 100 in QS Rankings and THE World University Rankings, it attracts some of the largest student populations from across the world. MBA programs in the USA provide an overall uplift in a candidate’s skills and knowledge and prepare him for a rewarding career in management.

A Rewarding Job Market:

  • Cities in the US are headquarters of some of the largest companies and organisations in the world that regularly hire from its top business school for their top business and executive positions. Some examples include Apple, Facebook, Google, Microsoft, Deloitte, Exonn, etc.

Top Professors and Industry-oriented Learning Curriculum:

  • The curriculum at a US Business School is much more tuned with the requirements of the industry and therefore continuously refined. Methods of case study, internships, workshops, placements are a significant part of the curriculum. In addition to that, they boast of the top professors in the field.

Course Structure:

  • The typical MBA program runs for about 2 years which requires applicants to have a few years of industry experience under their belt. There is also options of Integrated and Dual degree MBAs.

Best know Universities:

Harvard Business School, Harvard University, USABooth School of Business, Chicago University, USA
Sloan School of Management, MITKellogg School of Management – Northwestern University, USA
Stanford School of Business, Stanford University, USAColumbia Business School, Columbia University, USA
Wharton School, University of Pennsylvania, USA

2. UK

World-Class Program Structure:

  • In the top 100 business schools featuring in the QS Rankings 2020, almost ten are situated in UK cities. From internationally accredited degrees to world-class professors and acclaimed industry-linked courses to a multicultural environment, the level of education is unequalled. Further, options of MBA in the UK without work experience are also widely available.

Exciting Specializations

  • There are more than 30 institutions and universities in the UK which offer around 800 courses in business and management in total, thereby giving a wide variety of choices to the students even after graduation from MBA. Various specializations are provided by the institutions apart from general Finance, Marketing, Human Resource Management and Sales. These specializations range from healthcare management and digital marketing to project management and public administration.

Multicultural Experience

  • UK universities offer MBA to students in the English language itself which is why the degree is recognized internationally. There are candidates from innumerable countries and cultural backgrounds and you will get the opportunity to meet other students from different fields and different backgrounds which help in having a multicultural experience.

Top Universities in UK for MBA

  • London Business School
  • University of Oxford
  • King’s College London
  • Imperial College
  • London School of Economics & Political Science

3. Canada: The second most popular country for MBA

Value for Investment:

  • Canadian business schools are a much cost-effective option than other countries. Not only tuition fees, but they also offer student stipends, internships placements and students can work up to 20 hours per week part-time as well. It is the best Country To Study MBA At a Low Cost.

Quality Business Schools:

  • Around 6 of the top business schools in the world are situated in Canada as per the QS Global MBA Rankings 2018. They provide students with the best facilities and resources to learn and train along with opportunities to work in the North American business structure.

Large Indian Diaspora:

  • The Indian student and resident population is quite significant in Canada which helps in cultural assimilation. Candidates can take advantage of the alumni network of the school as well. There is vibrant music, food and travel culture too.

Course Structure:

  • MBA courses are offered as both 2 year and 1-year programs typically depending nature and objectives of the departments. Executive MBA, Integrated MBA and Part-Time courses also attract huge crowds from across the world.

Most Popular Universities:

York University’s Schulich School of BusinessIvey Business School, Western University
Queen’s School of Business, Queen’s UniversityUniversity of Toronto: Rotman School
Desautels School, McGill UniversityDesautels School, McGill University
Smith School of Business,Sauder Business School
University of British Columbia

4. Australia: One of the major study abroad destinations for all of the courses, specifically for MBA.

Globally Appreciated Business Programs:

  • MBA courses at Australian business schools are admired worldwide owing to their industry-linked course components. There are about 75 highly reputed recognised MBA programs in Australia with most of them certified from AACSB and EQUIS.

Cross Culture Environment:

  • Australian universities boast of quite vibrant and multicultural campuses in the world. This helps in peer learning and building a network as well as in greater communication, team-building, problem solving and management skills. Further, settlement and immigration policies are also quite relaxed.

Partnerships with Other Top B-Schools:

  • Through bilateral and multilateral agreements with top business schools in the world, Australian universities offer their students the opportunity to travel and learn throughout the world. There are a plethora of options of exchange programs, abroad placements, research internships, etc.

Course Structure:

  • MBA Course offerings in Australia are quite varied and designed for various candidates belonging to different fields and backgrounds. From specialised MBA degrees to open-ended programs, you can choose as per your interests and objectives.

Best Universities:

The University of Sydney Business SchoolMelbourne Business School
QUT Graduate School of BusinessUniversity of South Australia Business School
La Trobe Business School, La Trobe UniversitySydney Business School, University of Wollongong
Adelaide Business School, University of AdelaideUQ Business School, University of Queensland

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Which Country Is Best For MBA In Europe?

Going by the Financial Times Global MBA Rankings 2018, as a continent, European B-School MBA constitute about 35% of the top 100 best MBA programs in the world.

With less capital-intensive courses, candidates receive higher value for their investment. Typically, MBA programs in Europe run for 1 year though this is highly flexible. The salary packages of a young MBA professional hover anywhere between $70,000 to $110,000.

5. Germany

Easy on Budget:

  • Germany is well-known all over the world for its exceptional student-friendly tuition-fees structure and largely reasonable cost of living. MBA courses though a bit costlier, all things considered, is significantly lower than in other countries, especially the US and UK. Additionally, allowances and scholarships also give you abundant opportunities for additional earnings. Germany is one of the Best Country To Study MBA At a Low Cost.

Numerous Scholarship Openings:

  • Germany has a comprehensive scholarship and opportunities portal called DAAD where you can discover various scholarships as per your profile and needs. Students from India may be qualified for several other grants as well.

Language, Not a Barrier:

  • Differing from common conceptions, proficiency in the German language is not a strict requirement in the application process and learning for an MBA in Germany. Being proficient in English is enough to start your studies, later the University or College provide German classes. However, there are many opportunities and advantages of learning German as well across Europe.

Best MBA Colleges in Germany

  • Here is a list of colleges that offer widely reputed courses of MBA in Germany. While we have focused on Full Time and Executive MBA, there are plenty of options for a Part-time MBA in Germany and an MBA in Germany without GMAT as well.
MBAUniversity of MannheimMannheim
Full-Time MBAEuropean School of Management and Technology (ESMT) BerlinBerlin
MBAEBS University of Business & LawRheingau-Taunus-Kreis
MBAFrankfurt School of Finance and ManagementFrankfurt
MBA in Healthcare ManagementUniversity of BayreuthBayreuth
Executive MBA in Leadership and LogisticsKuhne Logistics UniversityHamburg
MBAFOM University of Applied SciencesEsslingen
Executive MBAJohannes Gutenburg UniversityMainz

6. France

Student-Friendly Tuition Fees:

  • French colleges regularly figure in the top 10, 20 and 50 institutes in the world in MBA as well as other business/economics master’s degree programs. Having said that, the tuition fees paid by international students is substantially low when put alongside the cost of similar courses in the US, UK or Australia making it one the best country To study MBA In low cost.

Numerous Scholarship Openings

  • The French government also offers plentiful scholarships. Scholarships at top French schools include:
  • INSEAD GEMBA Scholarships & INSEAD Class of MBA ’65 Scholarships for Diversity
    • Eiffel Scholarship
    • EDHEC Global MBA Scholarships for International Students
    • Erasmus Mundus Scholarships
    • ISM Scholarship

French-An Additional Language

  • French is a language of almost 270 million people in close to 30 countries. It is one of the United Nations’ official languages. If you are looking to settle in France, learning the French language will only prove an asset over time in the job market.

Career Outlook

  • In terms of career development, during the program, candidates are encouraged to take up part-time jobs for a maximum of 964 hours in a year. This allows you to take up internships, projects and traineeships and gain much-needed industry experience. Moreover, being the headquarters of many successful European corporations such as L’Oréal Paris, Christian Dior, etc., an MBA in France for Indian students makes for an unmissable opportunity.
INSEAD Business School, FranceHEC Paris
EMLYON Business SchoolESCP Europe Business School
EDHEC Business SchoolGrenoble Graduate School of Business
ESSEC Business SchoolUniversity of Nantes

MBA in Abroad Eligibility & Admission

Candidates exploring options to apply for an MBA course in the above countries or others must follow the given procedure. The admission rounds in the USA and Canada run a bit differently than in European countries. Further, for scholarships, you must apply during the Early deadline. Given below are some essential MBA in abroad eligibility conditions.

  • Fulfil the minimum MBA in abroad eligibility requirements [bachelor’s qualification, industry experience minimum marks in relevant qualification, etc. as required]. Typically, for MBA programs, 1-3 years of industry experience is recommended.
  • English Proficiency IELTS/TOEFL/PTE andAptitude Test GMAT/GRE Scores [as required]
  • Submission of complete Application Package [Passport, Statement of Purpose/Personal Statement, Resume/CV, Two/Three letters of Recommendation, Transcripts, Financial Support Statement/Funding Essay (if applying for funding), etc.]
  • Application Fee Payment.
  • Personal Interview/Group Discussion [if required]
  • Usually, your results will be declared within the 2-3 months of applying.
  • Deposit the requisite Tuition Fees
  • Submit your Student Visa Application of the respective country. [may vary as per Embassy regulations]

Best Country To Study MBA And Settle For Indian Students: Frequently Asked Questions

  • Which Country Is Best For MBA In HR…& Other Fields?
  • Which Country Is Best For MBA In Supply Chain Management abroad?
  • Which Country Is Best For MBA Studies? / Which Country Is Best For MBA Course?
  • Which Country Is Best For MBA In Europe for Indian students??
  • Which Country Is Best For MBA Without Work Experience?
  • Which Country Is Best For MBA For Indian Students abroad?
  • Which Country Is Best For MBA In Supply Chain Management abroad?

Ans. USA, UK, Canada and Australia, amongst others

  • Which Country Is Best For MBA Studies?/ Which Country Is Best For MBA Course?

Ans. Refer to the above article for a detailed answer.

  • Which Country Is Best For MBA In Europe for Indian students?

Ans. Refer to the section on ‘Which Country Is Best For MBA In Europe?’ in the above article for a detailed answer.

  • Which Country Is Best For MBA Without Work Experience?

Ans. Countries in Europe like Germany and France as well as Canada are better suited for candidates who are looking to pursue MBA without work experience.

  • Which Country Is Best For MBA For Indian Students abroad?

Ans. In terms of quality of education, USA and UK and in terms of cost, Canada and Europe.

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Know MBA in which field is Best for you

Untitled 13 04 Baibhav Ojha Know MBA in which field is Best for you

With a greater blending of fields and institutions focusing on making the courses interdisciplinary, there has emerged a range of specializations on offer for MBA candidates. From the core ones of Finance, International Business, and Human Resources to Digital Marketing, Fashion Management, and Communication, amongst others. Further, with the inclusion of concentrations and electives, and dual degree options, there is greater flexibility afforded to students in terms of customization. Some schools go so far as to let the candidates decide what will be the course structure and components. In this article, we will go through some of the best ones, a few emerging ones as well as how you can choose your stream better.

Best MBA Courses In The World: An Overview

To give you an overview, here are some of the interesting options you must consider. If you are struggling with questions like ‘MBA in which field is best’ and ‘best scope of MBA in which field’, the following list will come of great help.

MBA Business AnalyticsMBA Human Resource ManagementMBA Petroleum Management
MBA Fashion ManagementMBA Media ManagementMBA Aviation
MBA Event ManagementMBA Insurance and BankingMBA International Business
MBA Hotel ManagementMBA Digital MarketingMBA Sports Management
MBA OperationsMBA StrategyMBA Consulting
MBA MarketingMBA Information TechnologyMBA Communication
MBA Construction ManagementMBA E-BusinessMBA Arts and Culture Management
MBA EntrepreneurshipMBA Engineering ManagementMBA Rural Management
MBA SalesMBA Hospitality ManagementMBA Healthcare Management
MBA Supply Chain ManagementMBA FinanceMBA Accounting
MBA Product ManagementMBA Interior Designing 

MBA in Hospitality Management

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  • Refer to the last section for FAQs on ‘What are the best MBA courses in demand in India?’ and ‘MBA in which field is best in India?’

MBA In Which Field is Best in The World: Five Top Options

Marketing: In a typical Marketing MBA program, you will be trained in modern marketing tools and mechanics with a simultaneous focus on advertising, customer engagement and relations, business analytics, marketing management, etc. This degree gears you up for a solid career in FMCG fields, service sector, event management, healthcare, consulting and much more. In addition to that, you will be trained in tackling real-life marketing situations, creating marketing and advertising campaigns, pricing of products, customer research, segmentation and targeting, product development, promotion, etc. as well. This is also one of the best MBA courses in demand in India. Some of the elite institutions that offer this course are:

  • MBA Business Marketing at University of Wisconsin Madison, USA
    • MBA Marketing at The University of Adelaide, Australia
    • MBA Marketing at University of Colorado-Boulder, USA
    • MBA/MS in Marketing at Indiana University, Bloomington, USA
    • MBA Marketing at Newcastle University, UK

Some of the top career paths you can choose from are Business Analyst, Project Management, Brand Manager which offer top of the line salary packages along with scope for dynamic growth.

  • International Business:

An MBA in International Business revolves around the subject of multinational business process and trade. You will get a thorough insight into training in topics such as purchasing, logistics, international marketing and advertising, foreign trade, globalization and sustainability. The tools of outsourcing, importing and exporting goods are also taught as a part of this course. Moreover, it helps develop a person’s communication and managerial abilities as well as problem-solving and critical analysis skills. Students learn the complexities of foreign trade and business through the duration of the course. As there are numerous allied fields such as international economics, globalisation, Trends and Innovation in International Business, Emerging Markets, International Trade Organisations, etc.

  • Global MBA at University of Michigan-Ann Arbor
  • Global Executive MBA – Master of Business Administration, University of Washington, USA
  • MA in International Relations/MBA – Master of Business Administration, Boston University, USA
  • Master of Business Administration with Specialization in International Business, University of Calgary, Canada
  • Global MBA – Master of Business Administration, George Washington University, USA

Some of the top job profiles include Banker, International Business Consultant, Global/Regional Marketing Manager, Business Development Manager, Export Executives, etc.

  • Operations: An MBA in Operations or Operations Management is a specialised management degree that centres on streamlining the various constituents of operations in an organisation. There are several departments or verticals in a business entity that needs to be  efficiently managed in tandem and with precise coordination according to the given plans and objectives. This ranges from finance, human resources, purchasing to sales and advertising and much more, in short, the whole chain. During an MBA Operations program, you will be expected to analyse the problems faced and come up with suitable solutions in this respect.
  • Business: Operations and Technology Management, MBA – Master of Business Administration, University of Wisconsin-Madison, USA
    • MBA – Master of Business Administration Specializing in Operations Management and Information Systems, York University, Canada
    • MBA – Master of Business Administration in Operations Management, University of New Mexico, USA
    • MBA – Master of Business Administration – Operations Management, Brock University Canada
    • MBA Operations Management, IESE Business School, Spain

Nearly 47% of new hiring in manufacturing industries is undertaken in operations roles as per the GMAC Corporate Recruiters Survey 2019. Furthermore, an Operations Manager draws anywhere around $123,880 according to the US Bureau of Labour and Statistics. This rises even more if you consider top schools and relevant industry experience. There are quite a few job profiles you can consider, that is, Supply Chain Manager, Logistics Manager, Operations Manager, Business Analyst, Business Operations Analyst, Purchasing Manager, Regional Operations Manager, Sourcing Manager, Inventory Coordinator, etc.

  • Human Resources: This concerns the staffing and workforce requirements of a company. Any organisation needs a committed and satisfied workforce that understands and appreciates the nature of the work as well as possess the necessary know-how and analytical abilities to perform their respective jobs. A human resources manager looks after the hiring needs, salary and remuneration, leave policy, legal implications, training and development of employees, retirement, etc. in short to maintain a cohesive and vibrant environment for the workers. Some courses also have a link to labour relations, industrial relations, unions, leadership, human resource strategy, etc.
  • Master of Industrial and Labor Relations / MBA – Master of Business Administration, Cornell University, USA
    • Business: Management and Human Resources, MBA, University of Wisconsin-Madison, USA
    • MBA – Master of Business Administration / Master of Human Resource Management, Newcastle University, UK
    • MBA – Master of Business Administration with a concentration in Human Resource Management, Nova Southeastern University, USA
    • MBA Human Resource Management, Michigan State University, USA

After an MBA in Human Resource Management, the jobs you may be offered are HR Generalist, Staffing Director, HR Policy Advisor, Technical Recruiter, Compensation Manager, Employee Relations Manager, etc.

The average base salary for the students graduating from the top 5 business schools for MBA in HR is between $82,500 to $109,000 with their professionals working for companies like Amazon, Accenture, Deloitte, PwC and KPMG. In Indian currency, their salary spans from Rs. 60,00,000 LPA to Rs. 80,00,000 LPA. The average salary for a senior HR professional in Canada is close to Rs. 50,00,000 LPA and that in the UK is about Rs. 60,00,000 to Rs. 70,00,000. The average salary of a human resource manager in the USA nears around $97,477 which is around Rs. 70,00,000 LPA.

  • Finance: The MBA Finance course provides the students with an in-depth understanding of the financial models, currencies and the stock markets by providing them with a comprehensive knowledge of topics such as pricing, risk management, asset management, financial planning, etc. as well. The common subjects taught in MBA in Finance include accounting, financial management, risk analysis, derivatives, financial reporting, investment analysis, financial risk management, international finance, securities analysis, wealth management, etc. the candidates are also taught to apply the theoretical knowledge so gained into the real financial and trading world.
  • MBA – Master of Business Administration / Master of Applied Finance, University of Newcastle, UK
  • MBA with Specialization in Finance, University of Alberta, Canada
  • Master of Financial Analysis/Master of Business Administration, La Trobe University, Australia
  • MBA – Master of Business Administration Specializing in Finance, York University, Canada
  • MBA Finance, University of Aberdeen, UK

Career paths include Financial Manager, Financial Risk Manager, Hedge Fund Manager,  Financial Advisor, Portfolio Manager, Financial Analyst, Stock Broker, Investment Banker, etc. And some of the top recruiters of graduates of MBA in Finance are Goldman Sachs, Morgan Stanley, Deloitte, Boston Consulting Group, Bain JP Morgan Chase & Co., Barclays, etc. Further, you can also go for certifications like Chartered Accountant, Chartered Financial Analyst and so on.

Best MBA Courses in the World: Frequently Asked Questions

Given below are some prevalent FAQs on:

  • MBA In Which Field Is Best? / Best scope of MBA in which field?
  • MBA In Which Field Is Best In India? / What are the best MBA courses in demand in India?
  • Amongst MBA fields, which field in MBA Is best after Engineering?
  • Which Field In MBA Is Best After Bcom?
  • Which Field In MBA Is Best After Bba?
  • Which Field In MBA Is Best After Bsc?
  • MBA In Which Field Is Best? / Best scope of MBA in which field?

Ans. This depends on your interests and abilities. If you are good in quant, you can choose from Business Analytics, Finance, Product Management else you can go for Accounting, International Business, marketing, Operations, etc. In the end, it all depends on where does your interest lie. All MBA fields offer great returns in terms of salary packages and future growth.

  • MBA In Which Field Is Best In India? / What are the best MBA courses in demand in India?

Ans. In India, the traditional fields such as Finance, Operations, Human Resources, International Business are offered by top institutions like IIM, IIT, etc. and hence offer great potential. Further, if you are interested in emerging fields like event management, fashion management, communication, there is a lot of scope for growth.

  • Amongst MBA fields, which field in MBA Is best after Engineering?

Ans. Technical fields like Engineering Management, International Business, Foreign Trade, Finance, Risk Management, Insurance, Business Analytics, Product Management, etc. have considerable quant portions which are well-suited for candidates having an engineering background. Additionally, one can also go for the mainstream options.

  • Which Field In MBA Is Best After Bcom?

Ans. As the B.Com course is business and commerce field-oriented, courses like MBA in Human Resources, Operations, International Business, Accounting, Marketing, Strategy, Communication, Supply Chain Management are promising choices.

  • Which Field In MBA Is Best After BBA?

Ans. Similar to the BCom course, BBA or Bachelor in Business Administration puts you in the driving seat for fields like Human Resources, Operations, International Business, Accounting, Marketing, Strategy, Communication, Supply Chain Management, amongst others.

  • Which Field In MBA Is Best After BSc?

Ans. As BSc courses have science or in other words technical backgrounds, one can go for fields like Engineering Management, International Business, Foreign Trade, Finance, Risk Management, Insurance, Supply Chain Management, Business Analytics, Product Management, etc.

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PhD after MBA

No logo Blog Cover .png 04 Baibhav Ojha PhD after MBA

PhD after MBA: At a Glance

Here are a few important details you should take note of if you are hoping to pursue a PhD after MBA.

CourseDoctorate in Philosophy or PhD in Management
Level of the CourseDoctorate
EligibilityMasters [recommended]
Duration3-6 years
TypesRegular, Distance, Online, Dual Degree, Accelerated, etc.
Admission ProcedureAbroad: Individual University Admissions [case by case] India: Entrance Tests like UGC NET-JRF, GATE, etc.

PhD after MBA: Course Structure & Duration

The course structure of a PhD degree program, for instance, PhD after MBA HR, focuses on the analytical development of a candidate. Undertaken under the guidance of an accomplished professor, the candidate is required to select a topic of research and conduct various analyses in terms of literature, field visits, case studies, experiments, etc., to dive deep into the heart of the topic. The emphasis is on unearthing new insights and explanations.

  • Typically runs for anywhere between 3-6 years, with the first two years focused on coursework.
  • After that, work is undertaken on research and preparation of thesis and dissertation.
  • The PhD course curriculum is a fair mixture of classroom education and practical research.
  • Candidates must first familiarise themselves with research methodologies, literature review, statistical analysis, probability, relevant software like STATA, R, Python, etc.

Benefits of PhD after MBA

There are significant benefits of PhD after MBA provides you not least a pedestal into a fruitful career in research, academics and to some extent policy-making and administration.

  • Opportunity to Pursue Research: In a PhD degree program, say for example PhD after MBA Operations you will dive deep into a topic from management, finance, operations, business analytics, economics and through tools and resource and guidance from a supervisor aim to provide some new insights and explanations. You will be able to take advantage of state-of-the-art research facilities and resources. PhD scholars after completing their degrees are hired as research associates, research assistants and professors.
  • Opportunity to Contribute towards Policy Making: One of the most noteworthy benefits of PhD after MBA is that policy-making bodies of the government and other think tanks invite and collaborate with PhD scholars to provide in-depth analysis and insights concerning certain policy-making issues. This can be anything from understanding the loopholes in the stock market to making the real estate industry more transparent.
  • A career in Academics: As stated above, PhD scholars move onto research-oriented jobs such as research assistants, research associates, professors, post-doctorates, etc., after completing their PhD giving them a solid backing in the academic field. Many take up professorships after 5-10 years in the industry as consultants, advisors, head of various bodies. A PhD after MBA Operations, for instance, comes of great use in this respect.
  • Apply Practical Experience: Pursuing a PhD after MBA gives you an additional advantage. Since MBA degrees have significant practical components like internships, case studies, placements etc., you will be better placed in analysing the subject and bringing into question new points and arguments. This is one of the most important benefits of PhD after MBA.
  • Opportunity to Collaborate with International Researchers and Organisations: PhD departments at top institutions regularly collaborate with other accomplished researchers and organisations through workshops, conferences, exchange programs, research internships, assistantships, etc. This helps in building research and cultural relations as well as opportunities for better research and publication. Moreover, you will get a chance to learn from your peers and travel extensively as well.
  • Significant Financial Rewards: Research programs reward research scholars handsomely through fellowships in addition to various other scholarships. In India, the JRF and Maulana Azad Fellowships are two popular ones. Moreover, project-based funding is widely available as well. Various awards also carry substantial financial awards.
  • High Demand in the Corporate Sector: The level of research and academic insight that a PhD scholar brings is always desired by companies in the corporate sector to work out plans and policies. This includes scaling up, situational decision making, problem-solving, critical analysis, awareness of the newest trends, etc. Such PhD scholars are in constant touch with top-level management and have a strong hand in the realisation of the company’s goals and objectives.

PhD after MBA: Popular Options

1.    PhD after MBA Finance

  • A PhD after MBA Finance dives into the intricate details of the finance field concerning themes like risk management, stock market trading, regulatory practices, trends in financial markets of countries, different financial instruments, etc.
  • Career options of PhD after MBA Finance include positions on Financial Advisory Boards, academia and research organisations, think tanks, consultancies, public accounting firms, amongst others.
  • The curriculum involves a good blend of theoretical knowledge and practical implementation through case studies, research projects, etc.
  • Course offerings:
    • PhD in Finance, Stanford University, USA
    • PhD in Economics, Finance & Accounting, MIT, USA
    • PhD in Business Administration-Finance, University of California-Berkeley
    • PhD in Business-Finance, University of Chicago
    • PhD in Finance, University of Pennsylvania, USA

2.    PhD after MBA Marketing

  • A PhD after MBA Marketing involves research into the subject of marketing, that is, digital marketing, business analytics, feasibility and viability marketing tools and resources, advertising, unique organisation marketing campaigns, case studies, etc.
  • In addition to academic and research positions like professorships and assistantships, many PhD scholars also head to organisations on executive roles to oversee marketing and advertising departments.
  • The course involves great field visits to companies and organisations along with great collaboration with the supervisor.
  • Course Offerings:
    • PhD in Marketing, University of Iowa, USA
    • PhD in Business-Marketing, University of Alberta, Canada
    • PhD in Business Administration-Marketing, Simon Fraser University, Canada
    • PhD in Business Administration-Marketing, University of Tennessee
    • PhD in Management-Marketing, Purdue University-West Lafayette, USA

3.    PhD after MBA HR

  • A PhD after MBA HR includes topics like labour relations, industrial relations, employee satisfaction, training and development, leave policy, minimum wages policies, promotion and transfer, etc. In addition, you may also have organisational behaviour, decision making, etc.
  • While many PhD scholars take up jobs of professors and research associates, a select few also venture into top companies and administrative to oversee HR departments and Policymaking.
  • Course Offerings:
    • PhD Human Resource Management, University of Lincoln, UK
    • PhD Management-Organisational Behavior and Human Resource Management at University of Toronto, Canada
    • PhD in Employment Research, University of Warwick, UK
    • PhD Organisational Behavior and Human Resource Management at University of Pittsburgh, USA
    • PhD in Human Resources & Labour Relations, Michigan State University, USA

In addition to these, you can also go for a PhD after MBA Business Analytics, PhD after MBA in International Business, PhD after MBA in Strategy, PhD after MBA Supply Chain Management etc.

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PhD after MBA in Canada

  • One of the most popular study abroad destinations in the world, PhD after MBA in Canada offers industry-leading research facilities and resources.
  • Home to top institutions in the world, it provides greater opportunities for collaboration and cooperation for PhD after MBA in Canada.
  • Canada’s university ecosystem is a major driver of research output in the country, second only to the private sector.
  • Here are a few of the highly appreciated courses of PhD after MBA in Canada you must take a look at, including PhD after MBA Business Analytics and PhD after MBA Operations, amongst others.
PhD in Business Administration-Management ScienceUniversity of British ColumbiaCanada
PhD in Management Science-Information Systems PhD in Management Science-Applied OperationsUniversity of WaterlooCanada
PhD in Management-AnalyticsQueen’s UniversityCanada
PhD in ManagementRyerson UniversityCanada
PhD in Management PhD in Management-Supply Chain, Operations and Technology ManagementWilfrid Laurier UniversityCanada

PhD after MBA in USA

  • Easily, the most attractive PhD after MBA in USA destination, universities in the USA bring top-quality researchers and scholars.
  • Boasts of world-leading research facilities, some of which cannot be found elsewhere.
  • Headquarters of top companies like Deloitte, Goldman Sachs, JP Morgan, McKinsey and other investment firms and management consultancies.
  • A record 31 universities from the USA figure in the top 100 list of the QS Rankings 2018.
  • Some of the course offerings of PhD after MBA in USA’s top universities you might want to refer to, including PhD after MBA Operations, amongst others, are:
Juris Doctor/PhD in Management Science & EngineeringStanford UniversityUSA
PhD in Business-Management Science & Operations ManagementUniversity of ChicagoUSA
PhD in ManagementUniversity of PennsylvaniaUSA
PhD in ManagementNew York UniversityUSA
PhD in ManagementUniversity of Texas-AustinUSA
PhD in Operations ManagementCarnegie Mellon UniversityUSA
PhD in ManagementCornell UniversityUSA
PhD in Management and OrganisationsDuke UniversityUSA

PhD after MBA in India

PhD after MBA Abroad: Eligibility

To apply for a PhD after MBA at foreign universities, you must follow certain fundamental guidelines, a few key ones have been enumerated in the given pointers. The below-mentioned guidelines may change as per the university, location, course structure and objectives.

  • Equivalent postgraduate degree in any relevant discipline, for instance, a Master’s in Business Administration in Finance if you wish to pursue a PhD in Finance. This is highly recommended.
  • Minimum scores in qualifying postgraduate degree. Typically it follows a 10 pointer scale or 4 pointer scale.
  • GRE/GMAT test scores, if required. For a management-oriented course application, GMAT is highly recommended though GRE is also extensively recognized at many universities.
  • Indian applicants are typically required to submit IELTS/TOEFL/PTE exam scores as confirmation of proficiency in the English Language. Obtaining an over 7+ band score is normally sufficient to be considered.

PhD after MBA Abroad: Application Process

The primary admission cycle customarily begins in September/October and ends in February/March of the subsequent year. This is carried in phases of Early, Regular and Late Admission Rounds. If you are interested in a scholarship, apply in the early phase. There are other admissions cycle as well.

  • Satisfy the eligibility prerequisites as mentioned in the university guidelines [Equivalent qualifying degree, relevant industry experience, etc.]
  • Research Proposal: This outlines the area and topic of research you wish to pursue along with the names of the professors you wish to work under. It is important that you select such professors after careful analysis of their work and whether they belong to your area of specialisation.
  • Submit GMAT/GRE test scores alongside IELTS/TOEFL/PTE scores [as required].
  • Application Set [Passport, Curriculum Vitae/Resume, Statement of Purpose/ Personal Statement/Statement of Intent, Two/Three Letters of Recommendation, College Transcripts, Experience Letter (if required), Financial Support Statement/Funding Essay (if applying for scholarships/funding), etc.].
  • Letters of Recommendation must be from your current professors, supervisors, etc. who can attest to your skills and suitability towards the sought PhD program.
  • Pay the required Application Fee.
  • Next, you may be called for a Personal Interview/Group Discussion/Writing Task [if required]
  • After review, the application will be confirmed, waitlisted or rejected usually within 2-3 months of applying.
  • Pay the required Tuition Fees or Blocking Fees.
  • Submit Student Visa Application.

Online PhD after MBA

  • The needs of the candidates are continuously changing and to match with it, institutions are also trying to refine their course offerings. Online PhD after MBA is one such avenue that has emerged in the last few years.
  • In an online PhD after MBA, classes are held completely online, research work is undertaken under guidance but not physically but through various means of communication, thesis preparation and dissertation is also done by the candidate in consultation.
  • In post-pandemic education, Online PhD after MBA is witnessing great popularity amongst candidates.
  • In some practical-oriented PhD courses after MBA such as PhD after MBA in Supply Chain Management, candidates are invited for some duration to the institution for coursework, exams, presentation, etc. and other work.
  • The institution itself provides various other facilities such as library access, publication, peer learning, collaboration, alumni network, etc.

Ultimately, the decision lays in your hands. A PhD after MBA is a well-trodden path and if you are interested in research, then go for it.

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