MBA in Germany vs. the USA vs. Canada
One of the most popular programs that students study abroad is MBA. Most of the applicants struggle to choose the best program that fits their requirements and budget. An MBA degree from the USA is the first choice of students for a better interest rate and world-class education. However, for the low expense, Canada and Germany at the next best choice for Indian students to acquire an MBA degree.
A Bevy of Master’s Programs in Business at Surrey Business School
A comparison of MBA from the USA, Germany, and Canada is mentioned below:
Basis | MBA in USA | MBA in Germany | MBA in Canada |
Duration | 2 years | 1 – 1.4 years | 1 – 2 years |
Number of Top Universities Offering Program (QS Ranking 2020) | 105 | 5 | 18 |
Average Annual Tuition Fees | 64,652 USD to 81,378 USD | 17,770 USD to 44,000 USD | 16,287 USD to 88,125 USD |
Minimum GMAT Score Required | 700 | 550 | 600 |
Minimum Work Experience Required | 3 years | 2 to 3 years | 2 years |
Average Annual Salary Offered | 139,000 USD | 125,000 USD | 89,000 USD |
According to the FT-Rankings, around 65-85% of the increment is seen to increase in the MBA graduates salary in Germany compared to their salaries before joining the program. The low cost of studies, high salary increment, student visa extension has made Germany a hub for international students and a competitive destination for foreign studies.
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