How much does it cost to pursue an MBA in the US for an Indian student? What financial aid can he get?
-
I am planning to write GMAT next year but before that, I think it would be better to know how much money I should have in my hand.
-
Answer:
The full cost over two years at a top ranked school can be anywhere between $160,000 - $200,000 which includes tuition costs, living expenses, everything. The variance comes in mainly due to how you choose to live and how careful you are with your money. You can look at this database of MBA scholarships for Indian applicants as a good starting point - https://docs.google.com/spreadsheet/ccc?key=0AgtSIuE37DsZdEo1YVRqYi1fY1d2aDlDMjJFWVlPREE&usp=drive_web#gid=0
Alok Mangal at Quora Visit the source
Other answers
While all the international MBA blogs talk about MBA financing in Dollars and Euros, we wrote a post sticking to the currency that is giving us newfound respect to everything from onions to MBA degrees â the Indian Rupee. Check it out here --> http://www.mbacrystalball.com/blog/2013/09/14/mba-cost-in-india-usa-europe-comparison/ On the topic of financial aid and scholarships, this might help --> http://www.mbacrystalball.com/blog/2013/02/02/gmat-scholarships/
Sameer Kamat
Do your target schools offer dollar denominated loans? If yes, follow the rough, rule-of-thumb analysis below. If not, schools offer a financial calculator which you can use. At the risk of making a gross generalization, Indians can live comfortably under the recommended budget provided by schools. At an absolute bare minimum, Have 1.3x of what you would need to apply, give relevant exams, get a visa, fly to the US, and enough to get you by for 1-2 weeks. In all likelihood your education + living expenses loan would come in by them and should hopefully sustain you till you get an internship and then a post-MBA job. It goes without saying that having more cash in the bank never hurt anyone.
Adi Jain
Related Q & A:
- How much financial aid will you get?Best solution by studentaid.ed.gov
- How much does shipping cost from Brazil to the US?Best solution by Quora
- How much does it cost to for an international student to enter a university?Best solution by ChaCha
- How much does it cost to send a package from the US to the UK?Best solution by Yahoo! Answers
- How much will it cost to send a package from Philippines to US?Best solution by wwwapps.ups.com
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.