Master of Business Administration or MBA is one of the most popular courses to take if you are planning to venture into the corporal society. Many people tend to take the business or entrepreneurship path after pursuing any of their Bachelor’s degrees, or if they want to deeply understand how leadership and management function in a business. This is because it is very appealing to anyone that the average annual income of an MBA degree holder is higher than other degree holders’ annual income. Therefore, it would not be a surprise if there were a lot of people planning to have their MBA degrees.
The question to ask next is, how can you enroll in an MBA program? Applying to MBA programs usually requires some standardized test scores like GMAT or GRE test scores, resumes, transcripts of previous courses, essays, and sometimes, recommendation letters. Once you got in, it usually takes at least two years before finishing the MBA curriculum.
Lastly, the last question to ask is, where should you pursue this degree? First and foremost, if you are searching for a country to pursue a business-related program, always look at the economic status of that country. The economic status of a country reflects the prosperity of trade and business, so, choose a country with that quality. With that said, there is no better choice than the United States of America if you plan on getting an MBA degree. Here are the reasons why:
1. The high economic status and power of the United States
As an aspiring business student, study business-related programs in countries where business and economy are thriving. The high economic status and power of the United States is a manifestation of this success. The United States is still a powerhouse when it comes to business and commerce, so, there are many things to learn from the country. Aside from this, many opportunities will arise once you started your academics in the United States. One of its states, New York, is considered the world’s prominent global financial center. That is a strong reason to pursue MBA in the country because you get to learn management theories from your business school while you experience and apply them outside your university.
Also Read: Best Online MBA Programs in USA
2. The United States is the birthplace of MBA courses
The United States of America, specifically in the Northern part of the country, is where MBA degrees and courses originated from. Harvard Business School, which introduced the MBA to the world, started to offer the program to local citizens over a century ago. Also, The Wharton School in Northern America is the first-ever collegiate business school established. The United State had been gatekeeping the MBA program from other countries and it has lasted for more than half of a century. Many international students used to go to the United States just to take MBA courses and enroll in a legitimate business school. This is why the United States, especially North America, has been dominating other business schools around the world.
You can also be exposed to the foundations that started the MBA courses. The long history of the MBA course in the United States will surely let you experience the virtues and benefits of pursuing this degree. And if fortune smiles upon you, you can also experience getting accepted in one of the best business schools in the country. If you are really applying for MBA in the United States, this list of amazing full-ride scholarships will be of great help to you.
3. World-class business schools are found in the United States
Being the birthplace of business-related courses of all degrees, United States is also the home of world-class business schools in the world. US-based business schools have been dominating the world rankings of top business schools for a very long time. These schools have been internationally featured in many business magazines and newspapers. Some of literally the best business schools in the United States are Harvard Business School, Stanford University Graduate School of Business, the Kellogg School of Management, the Wharton School, and many more prestigious business schools.
It is said that if you are a graduate or has a degree from any of these business schools, you are guaranteed to be employed immediately, especially by international employers. According to them, graduates from these schools are very appealing to them. One is because they know that these graduates have the potential to be a leader and the other is because they have the skill to nurture others to become leaders.
4. International students can also apply for scholarship programs
Most top business schools in the United States offer grants and scholarship programs to international students who are academically promising and have a lot of potentials. Many of them accept excellent students that are deserving of the quality of education they are giving. Some of these programs offer financial aid to international students, some pay for the student’s tuition fees fully or partially, some give monthly allowances for the students.
If you are interested in the universities that offer MBA-related scholarship programs, universities such as Harvard Business School, Wharton School, Columbia Business School, Kellogg School of Business, MIT Sloan, and Yale School of Management are some of the business schools with various scholarship programs for international students. They offer to pay at least half of your tuition fees and some even provide generous financial aid and allowance.
Moreover, you can apply for sponsorships offered by companies or organizations if you are a top working member of their workforce. This is relatively difficult and you have lower chances of getting the sponsorship compared to applications for university scholarships.
Also Read: Important Tips to Crack MBA Entrance Exams
5. Business and career opportunities in the United States are abundant
As a powerhouse in commerce and home to the global financial center, United States has a lot of business and career opportunities for MBA graduates. This is because universities and business schools already have networks and connections with many huge companies like Amazon, Google, and other popular organizations, that require the skills of an MBA graduate.
On average, it takes 6 months up to a year before a graduate gets employed at a company in the United States. However, the job is very worth the wait once you realized that the average annual income of an MBA graduate is 115,000 USD.
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