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Management

Overview

Management courses abroad offer students a unique opportunity to gain global exposure and learn from world-renowned faculty. With various programs to choose from, students can find the perfect course to meet their individual needs and career goals.

Why Study Management courses Abroad?

There are many reasons why students choose to study management courses abroad. Some of the most common reasons include:

  • Gain global exposure: Studying abroad is a great way to gain global exposure and learn about different cultures and business practices. This experience can be invaluable in today’s increasingly interconnected world.
  • Learn from world-renowned faculty: Many of the top universities in the world offer management programs. By studying at one of these universities, students can learn from world-renowned faculty and experts in their field.
  • Improve job prospects: A management degree from a foreign university can be a great asset on your resume. Employers are increasingly looking for candidates with international experience and skills.

Course Structure

The course structure of management programs abroad varies depending on the university and the specific program. However, most programs typically include a combination of core &, elective courses, and a capstone project.

Core courses cover the fundamental concepts of management, inlcuding accounting, finance, marketing, and human resources. Elective courses enable students to specialize in a particular subject of management, such as international business, entrepreneurship, or supply chain management. The capstone project is a research project that allows students to apply what they have learned in their coursework to a real-world problem.

Course Subjects

Some of the most common course subjects in management programs abroad include:

  • Accounting
  • Business ethics
  • Business law
  • Economics
  • Finance
  • Human resources
  • International business
  • Leadership
  • Marketing
  • Organizational behavior
  • Operations management
  • Strategic management
  • Supply chain management

Course Duration

The duration of management courses abroad can vary based on the level of the program and the specific structure of the curriculum. Bachelor’s degree programs in management typically have a duration of three to four years. Master’s degree programs in management, such as Master of Business Administration (MBA) or Master of Management (MM), usually last for one to two years. Executive education programs or Executive MBA programs are designed for mid-career professionals. They typically have a duration of one to two years and may offer part-time or modular formats to accommodate working professionals.

Types of Management courses Abroad degrees

There are two main types of management degrees offered abroad:

  • Bachelor’s degrees: Bachelor’s degrees in management typically take four years to complete. Students can choose to specialize in a particular area of management, such as accounting, finance, or marketing.
  • Master’s degrees: Master’s degrees in management typically take one to two years to complete. These programs are designed for students who have already completed a bachelor’s degree in management or a related field. Master’s degrees in management often offer specializations in specific areas, such as international business, entrepreneurship, or supply chain management.

Top Specializations

Some of the top specializations in management courses abroad include:

  • Accounting
  • Finance
  • Human resources
  • International business
  • Leadership
  • Marketing
  • Organizational behavior
  • Operations management
  • Strategic management
  • Supply chain management

Admission Process (Steps in Detail)

The admission process for management courses abroad varies depending on the university and the specific program. However, most universities will require students to submit the following documents:

  • Official transcripts from all previous educational institutions
  • Letters of recommendation
  • GMAT or GRE scores (for most master’s programs)
  • English language proficiency exam scores (TOEFL, IELTS, or PTE)

Document Requirements

The following documents are typically required for admission to management courses abroad:

  • Official transcripts from all previous educational institutions
  • Letters of recommendation
  • GMAT or GRE scores (for most master’s programs)
  • English language proficiency exam scores (TOEFL, IELTS, or PTE)
  • Statement of purpose
  • Resume or CV
  • Passport copy

English Language Proficiency Exams Score Requirements

The English language proficiency exam score requirements for management courses abroad vary depending on the university and the specific program. However, most universities will require students to score at least a 7.0 on the IELTS, 100 on the TOEFL, or 65 on the PTE.

Cost of Studying (Average Tuition fees)

The cost of studying management courses abroad varies depending on the country, the university, and the specific program. However, the average tuition fees for management programs abroad range from $10,000 to $50,000 per year.

Cost of living and other expenses

The cost of living and other expenses for management students abroad varies depending on the country and the city. However, students can expect to shell out an average of $10,000 to $20,000 per year on living expenses.

Top Scholarships with amounts of scholarship offered

Here are some of the top scholarships available to international students studying management courses abroad, along with the amounts of scholarship offered:

  • Fulbright Scholarship: Full funding for one year of study abroad
  • Chevening Scholarship: Full funding for one year of study abroad
  • Erasmus Mundus Scholarship: Up to €9,000 per year in tuition fees, plus living expenses
  • DAAD Scholarship: Up to €1,000 per month in living expenses
  • Confucius Institute Scholarship: Full or partial tuition fees, plus living expenses
  • Inlaks Scholarship: Up to INR 10 lakh per year in tuition fees and living expenses
  • Tata Scholarship: Up to INR 10 lakh per year in tuition fees and living expenses

Popular jobs with its average annual salaries in US dollars

Here are some of the most popular jobs for management graduates abroad, along with their average annual salaries in US dollars:

  • Management consultant: $100,000
  • Financial analyst: $80,000
  • Marketing manager: $75,000
  • Human resources manager: $70,000
  • Operations manager: $65,000
  • Product manager: $60,000
  • Sales manager: $55,000

Best Countries to study Management courses Abroad

Here are some of the best countries to study management courses abroad:

  • United States
  • United Kingdom
  • Canada
  • Australia
  • France
  • Germany
  • Switzerland
  • Netherlands
  • Singapore
  • Hong Kong
  • China

Best Universities to study Management courses Abroad

Here are some of the best universities to study management courses abroad:

  • University of Oxford
  • University of Cambridge
  • Harvard Business School
  • Stanford Graduate School of Business
  • Wharton School of the University of Pennsylvania
  • Massachusetts Institute of Technology Sloan School of Management
  • London Business School (LBS)
  • London School of Economics and Political Science (LSE)
  • Columbia Business School
  • University of Chicago Booth School of Business
  • London Business School
  • INSEAD
  • HEC Paris
  • ESADE Business School
  • IESE Business School

FAQs with answers

Q1) What are the prerequisites for studying management courses abroad?

A1) The prerequisites for studying management courses abroad vary depending on the university and the specific program. However, most universities will require students to have a high school diploma or equivalent, and some universities may also require students to have completed an undergraduate degree in a related field.

Q2) What are the English language proficiency requirements for studying management courses abroad?

A2) The English language proficiency requirements for studying management courses abroad vary depending on the university and the specific program. However, most universities will require students to score at least a 7.0 on the IELTS, 100 on the TOEFL, or 65 on the PTE.

Q3) How can I apply for a scholarship to study management courses abroad?

A3) The application process for scholarships to study management courses abroad varies depending on the scholarship. However, most scholarships will require students to submit an application form, a statement of purpose, and letters of recommendation.

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