Here’s a look at the top MBA destinations abroad and what makes each stand out.
1. United States
The US remains the undisputed leader as the home to some of the top universities for MBA in the world such as Harvard, Stanford, and Wharton.
Average Tuition Fees: $70,000–$100,000 per year
Post-MBA Salary: $120,000+ on average
Unique Advantage: Strong alumni networks, entrepreneurship focus, access to Fortune 500 companies
GlobalGrads often guides students through competitive applications and helps them study MBA abroad with scholarships at US schools.
2. United Kingdom
The UK is popular for its one-year MBA programs, making them shorter and often more cost-effective. Schools like London Business School and Oxford Said are among top universities for MBA in the world.
Average Tuition Fees: £45,000–£65,000
Post-MBA Salary: £80,000–£100,000
Unique Advantage: One-year format saves time and money, proximity to European business hubs
If you’re confused and want to compare an MBA in USA vs UK, the UK is ideal for students who want to minimize costs and quickly re-enter the workforce.
3. France
France is a global hub for management education and home to some of the top universities for MBA in the world like INSEAD and HEC Paris. These institutions are renowned for their global outlook and strong alumni networks across Europe and beyond.
Average Tuition Fees: €50,000–80,000
Post-MBA Salary: €85,000–110,000
Unique Advantage: France offers excellent specialization opportunities, particularly in luxury management, hospitality, and international business. Its central location in Europe also provides easy access to multinational corporations and global markets.
GlobalGrads highlights France as one of the best countries to study MBA for Indian students who seek a mix of cultural exposure, globally respected business schools, and strong ties to European industries.
4. Australia
Australia’s universities, including Melbourne Business School and UNSW, consistently rank among the top universities for MBA in the world.
Average Tuition Fees: AUD 50,000–70,000
Post-MBA Salary: AUD 90,000+
Unique Advantage: Strong ties to Asia-Pacific markets, high-quality of life, generous part-time work rights for students
Australia is also one of the affordable countries to study MBA for Indian students, especially when factoring in shorter program durations.
5. Germany
Germany is a rising favorite thanks to its strong economy and relatively low tuition fees compared to Anglo-American countries.
Average Tuition Fees: €20,000–40,000
Post-MBA Salary: €70,000–100,000
Unique Advantage: Affordable education, strong focus on engineering and tech-driven industries, EU-wide opportunities
GlobalGrads highlights Germany to students who want a MBA abroad with scholarships combined with reasonable tuition and living costs.
**Note: Data for tuition fee and salaries for all the destinations were sourced from Prodigy Finance.