Pursuing an MBA in an American university is considered a significant dream among Indian students. Top global business schools, an excellent academic environment, global networks, and fantastic career opportunities make America a preferred destination. However, when it comes to expenses, many students hesitate.
At top universities in the USA, such as Stanford, Harvard, MIT Sloan, Columbia, or Wharton School, the annual MBA tuition fee alone can range from 6.5 to 7.7 million rupees. Including living and other expenses, the total cost can reach up to 10 million rupees.
But not every student has such a budget. In such a scenario, it is important to know that there are also some public and low-fee universities in America where an MBA can be completed at a lower cost.
Features of Low-Fee Universities
Some public universities in America offer the opportunity to study for an MBA at affordable rates for international students. The quality of education here is good, and job opportunities are also b. Additionally, these institutions also offer facilities like scholarships, assistantships, and on-campus jobs, which further reduce students' expenses.
10 Affordable Public Universities in America Where You Can Do an MBA
University of Georgia – Terry College of Business
- Total Tuition Fees: Approximately 1.2 to 1.4 million rupees
- This university's business school is quite renowned in the Southeast US. Students here get good opportunities for b networking and internships.
Texas State University – McCoy College of Business
- Total Fees: Approximately 1 to 1.2 million rupees
- This university in Texas is known for its connection to local industry, and emphasis is placed on practical skills along with academics.
University of Alabama – Manderson Graduate School of Business
- Total Fees: Approximately 1.1 to 1.3 million rupees
- This university is known for its high placement rate and b alumni network.
University of South Florida – Muma College of Business
- Total Tuition Fees: 1.1 to 1.4 million rupees
- This university in Florida has several affordable MBA programs available, and there is a good provision for scholarships here.
Iowa State University – Ivy College of Business
- Total Fees: Approximately 1.3 million rupees
- This university is among America's research universities, and its name is well-regarded in the field of business.
University of Arkansas – Sam M. Walton College of Business
- Total Fees: 1 to 1.2 million rupees
- Being close to major companies like Walmart, students here get a chance to directly engage with the industry.
University of Nebraska–Lincoln – College of Business
- Total Fees: Approximately 1.2 million rupees
- Both online and on-campus MBA programs are available here, and special facilities are provided to international students.
Oklahoma State University – Spears School of Business
- Total Fees: 1.1 to 1.3 million rupees
- This university is known for its technology-integrated education. Students learn management along with digital skills.
Mississippi State University – College of Business
- Total Fees: 1 to 1.1 million rupees
- This university is considered good in the Midwest, and its MBA program is industry-friendly.
University of North Texas – G. Brint Ryan College of Business
- Total Fees: Up to 1.2 million rupees
- Located in Texas, this university provides good career growth to students, and many of its courses focus on international exposure.
Documents Required for Admission
Certain essential documents are required when applying for an MBA in the United States. It is better to keep these documents ready in advance so that there are no problems in the application process.
- Bachelor's degree (including mark sheets)
- English language test (TOEFL or IELTS)
- Statement of Purpose (SOP)
- Two to three letters of recommendation (LOR)
- Updated resume
- Copy of passport
GMAT Not Mandatory Everywhere
In recent years, many universities have not made the GMAT score mandatory. Some institutions also offer admission based on experience. In such a case, students with work experience may benefit in these universities.
Living and Food Expenses
Apart from tuition fees, the cost of living, food, books, transport, and insurance in the United States is also a major challenge. Usually, these expenses can reach up to 2 to 3 million rupees per year. However, low-fee universities are usually located in smaller cities or rural areas, where the cost of living is also lower.
MBA is Possible Even if the Dream is Big and the Budget is Small
Studying for an MBA in America is no longer limited to just the wealthy. With the right information and planning, this dream can also be fulfilled with a smaller budget. Due to the quality education, affordable fees, and opportunities for financial assistance available in public universities, Indian students no longer need to give up their dream of studying abroad.
