MBA in Finance in Abroad - Colleges and Fees 2024

There are thousands of MBA programs that offer various degrees and specializations. Some are designed for working professionals while others are more geared towards students who want to pursue careers in finance. The most popular countries for these programs include the United States, Canada, Australia, and the United Kingdom. There is no one-size-fits-all solution for getting an MBA in Finance degree. It is important to find the right school and program that meets your goals and interests before applying. 

Highlights for MBA in Finance Colleges Abroad

Top 10 MBA in Finance Colleges Abroad

The list below features top 10 MBA in Finance Colleges Abroad with their QS University rankings 2022 for Business and Management:

(Source: QS) 

MBA in Finance Colleges Abroad Cost/Fees

There are many things to consider when looking for a good MBA in Finance College Abroad. One of them is the cost. The cost is not the only thing you should be looking at but it is an important factor to consider. When it comes to cost, there are two main factors you need to take into account - the tuition fees and living expenses. Tuition fees vary depending on the country you choose and what type of program you want to take up. However, on an average, an MBA in Finance degree costs around INR 40-45 Lacs for a year. Living expenses also vary depending on your choice as well as where you live while studying abroad. This can be somewhere around INR 8 Lacs for a year. 

Student visa cost for Abroad

India has a large population with a lot of people looking to study abroad. The cost of a student visa differs from one country to the other. 

• The student visa cost for Canada is around CAD 150 (Approx. INR. 9000) for Indians. 

• For a Tier 4 student visa in the UK, it can cost around £348 (Approx. INR 34,000).

• A French student visa would cost €99 (Approx. INR 8000) and an additional charge of €50 (Approx. INR 4000) as processing fee. 

• To study in the US, a student needs to pay  up to USD 350 SEVIS fee (Approx. INR 27,000) plus a visa application fee of USD 160 (Approx. INR 12,000)

MBA in Finance Courses requirements for Abroad- eligibility criteria

• A Bachelor's degree

• English proficiency: TOEFL score of 550 (paper-based), 213 (computer-based), IELTS score of 6.0, or equivalent, with no band less than 6.0

• Good GMAT Score 

• 2-3 Letter of recommendations

• A statement of purpose (SOP)

• Transcript

Work permit after MBA in Finance Courses Abroad

• The Post-Graduate Work Permit is the type of work permit that allows students to work in Canada for up to three years after they graduate from their studies. This type of permit is only available for those who have graduated from a recognized university of Canada and have completed at least one year of full-time study.

• The post-study work visa is available to foreign students who have completed a course of study at a UK higher education institution. The institution where international students are enrolled must be acknowledged by the UK government in order to be eligible for this visa.

• A temporary work permit known as the H-1B visa enables American firms to hire foreign workers for specific specialised jobs.

MBA in Finance Courses Abroad Scholarships

There are several scholarships available to study MBA in Finance Courses Abroad. Some of the scholarships include:

• INSEAD Deepak and Sunita Gupta Endowed Scholarship by INSEAD Business School

• Oxford Pershing Square Scholarship by Pershing Square Foundation

• Harvard University-Boustany Foundation MBA Scholarship

• UWE Bristol MBA Scholarship by the University of the West of England, Bristol

MBA in Finance Courses Jobs and Salaries Abroad 

The most common jobs available in the field of Finance are: 

• Financial Analyst

• Financial Advisor

• Loan Officer

• Investment Banker

• Budget analyst

• Hedge fund manager

• Senior accountant

According to Payscale, the average salary with an MBA in Finance degree is USD 102,000. 

Top Recruiters for MBA in Finance Courses Abroad

Some of the top recruiters that hire MBA in Finance graduates are: 

• Goldman Sachs

• Boston Consulting Group

• Morgan Stanley

• Bain & Company

• McKinsey & Co

• KPMG

MBA in Finance Courses Abroad FAQs 

Q. What is the duration of an MBA in Finance Courses Abroad?

A. The duration of an MBA in Finance degree is usually 1-1.5 years abroad.

Q.What are the important subjects taught in MBA in Finance Courses Abroad? 

A. Some of the core subjects taught are Portfolio management, Hedge fund management, Small business and corporate finance, Securities analysis and Investments, etc.

Q. What are the admission requirements for applying to MBA in Finance Courses Abroad?

A. Admission requirements for applying to MBA in Finance Courses vary depending on the college. Some of the required admission documents are Bachelor’s degree transcripts, a completed application form, and a letter of recommendation. Most of the Universities ask for GMAT scores as well.

Q. What are some of the common jobs available after completing MBA in Finance Courses Abroad?

A. After completing an MBA in Finance courses abroad, there are a lot of opportunities that you can take up. Some of the common jobs available after completing an MBA in Finance courses abroad are Investment Banker, Private Equity Associate, Private Equity Manager, Banker, Research Analyst, Financial Planner, CEO/CFO, etc.

Q. How much does it cost to pursue MBA in Finance Courses Abroad? 

A. The cost of pursuing an MBA in Finance course in Canada depends on the university. Tuition fees are typically around INR 45 Lacs to INR 50 Lacs for a year abroad. 

Q. Can I get an IELTS waiver while applying for MBA in Finance Courses Abroad? 

A. If your medium of instruction has been English previously, you can apply for the waiver depending on the university.

Q. What is the average salary after pursuing an MBA in Finance Courses Abroad?

A. The average salary of an MBA in Finance graduate abroad is USD 102,000 for a year.

 

 

Shikha Kumari07-22-2022 15:37