$45,420

Average Tuition – International Business MBA Programs

$82,477

Average Salary – International Business MBA Graduates

566

Average GMAT Requirements – International Business MBA Programs

144%

Average ROI – International Business MBA Programs

Executive Summary for International Business MBA Programs

  • Comprehensive comparisons and data about tuition, average starting salaries, ROI, GMAT requirements and scores, and enrollment statistics for MBA programs in International Business
  • Detailed profiles of both online and on-campus MBA programs in International Business, their strengths, unique specializations, faculty expertise, and alumni networks are included to help align your study choice with your career ambitions
  • Insights into diverse industries and roles, demonstrating how an MBA degree in International Business serves as a potent tool in these industries
Mba Programs In International Business

Top 10 MBA Program in International Business – ROI, Salary, Tuition

#1

50 Best Mba Programs In International Business For 2024

Northwestern University

Kellogg School of Management

  • 50 Best Mba Programs In International Business For 2024
    Kellogg Global Hub, Evanston, IL - 60208-2001
  • Institution Control: Private for-profit
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, Dual-MBA, E-MBA, Masters in Business
  • Offered as: Campus, Full-Time

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 6:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $162,030
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 2,329
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, Communications, Data Analytics, E-Commerce +19 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 729
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $175,000
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 54%

#2

50 Best Mba Programs In International Business For 2024

Stanford University

Graduate School of Business

  • 50 Best Mba Programs In International Business For 2024
    Knight Management Center, Stanford, CA - 94305-7298
  • Institution Control: Private
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, Masters in Business, Masters Specialist
  • Offered as: Campus, Full-Time

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 5:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $165,591
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 1,064
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, Consulting, Data Analytics, Economics +16 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 737
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $182,272
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 55%

#3

50 Best Mba Programs In International Business For 2024

Massachusetts Institute of Technology

Sloan School of Management

  • 50 Best Mba Programs In International Business For 2024
    50 Memorial Drive, E52-473, Cambridge, MA - 02142-1347
  • Institution Control: Private for-profit
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, Masters in Business, Masters Specialist, Undergraduate
  • Offered as: Campus

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 3:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $164,000
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 1,664
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, Economics, Education, Entrepreneurship +12 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 724
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $159,391
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 49%

#4

50 Best Mba Programs In International Business For 2024

Columbia University

Columbia Business School

  • 50 Best Mba Programs In International Business For 2024
    101 Uris Hall, New York, NY - 10027
  • Institution Control: Private
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, E-MBA, Masters in Business, Masters Specialist
  • Offered as: Campus, Full-Time

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 6:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $180,258
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 4,036
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, Consulting, Data Analytics, Economics +14 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 732
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $162,099
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 45%

#5

50 Best Mba Programs In International Business For 2024

Duke University

The Fuqua School of Business

  • 50 Best Mba Programs In International Business For 2024
    Box 90120, Durham, NC - 27708-0120
  • Institution Control: Private
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, E-MBA, Masters in Business, Masters Specialist
  • Offered as: 1-Year, Campus, Evenings, Full-Time, Online, Weekends

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 9:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $157,546
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 2,084
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, Consulting, Data Analytics, Economics +20 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 718
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $152,297
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 48%

#6

50 Best Mba Programs In International Business For 2024

New York University

Leonard N. Stern School of Business

  • 50 Best Mba Programs In International Business For 2024
    Henry Kaufman Management Center, 11-160, New York, NY - 10012-1126
  • Institution Control: Private
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, E-MBA, Graduate Level Certificate, Integrated Undergraduate Masters, Masters in Business, Masters Specialist, Undergraduate
  • Offered as: Campus, Full-Time

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 14:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $160,130
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 6,125
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, Business Analytics, Economics, Entrepreneurship +15 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 733
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $161,475
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 50%

#7

50 Best Mba Programs In International Business For 2024

The University of Michigan

Stephen M. Ross School of Business

  • 50 Best Mba Programs In International Business For 2024
    701 Tappan Street, Ann Arbor, MI - 48109-1234
  • Institution Control: Public
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, E-MBA, Graduate Level Certificate, Masters in Business, Masters Specialist, Undergraduate
  • Offered as: 1-Year, Campus, Evenings, Full-Time, Online, Part-Time, Partnership, Weekends

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 14:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $137,056
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 4,293
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, E-Commerce, Economics, Education +20 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 720
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $153,465
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 56%

#8

50 Best Mba Programs In International Business For 2024

University of Southern California

Marshall School of Business

  • 50 Best Mba Programs In International Business For 2024
    3670 Trousdale Parkway, Bridge Hall 100, Los Angeles, CA - 90089-0804
  • Institution Control: Private
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, E-MBA, Graduate Level Certificate, Masters in Business, Masters Specialist, Undergraduate
  • Offered as: 1-Year, Campus, Distance Education, Evenings, Full-Time, Online, Part-Time, Partnership, Weekends

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 14:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $154,339
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 6,911
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, Data Analytics, Economics, Entrepreneurship +15 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 732
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $150,314
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business and Accounting
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 49%

#9

50 Best Mba Programs In International Business For 2024

The University of North Carolina at Chapel Hill

Kenan-Flagler Business School

  • 50 Best Mba Programs In International Business For 2024
    CB 3490, McColl Building, Chapel Hill, NC - 27599-3490
  • Institution Control: Public
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, E-MBA, Masters in Business, Masters Specialist, Undergraduate
  • Offered as: Campus, Distance Education, Evenings, Full-Time, Online, Partnership, Weekends

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 10:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $102,314
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 2,820
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, Data Analytics, Economics, Entrepreneurship +13 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 706
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $133,517
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business and Accounting
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 65%

#10

50 Best Mba Programs In International Business For 2024

Harvard University

Harvard Business School

  • 50 Best Mba Programs In International Business For 2024
    Dillon House, Boston, MA -  02163
  • Institution Control: Private for-profit
  • Academic Year:
  • Accreditation:
  • Award Levels: Doctoral, Masters in Business
  • Offered as: Campus

Business School Details

  • 50 Best Mba Programs In International Business For 2024 Student / Faculty Ratio: 7:1
  • 50 Best Mba Programs In International Business For 2024 Tuition and Fees: $149,820
  • 50 Best Mba Programs In International Business For 2024 Total Enrollment: 1,945
  • 50 Best Mba Programs In International Business For 2024 Concentrations: Accounting, Consulting, Data Analytics, E-Commerce +22 more
  • 50 Best Mba Programs In International Business For 2024 Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
  • 50 Best Mba Programs In International Business For 2024 Average GMAT Score: 730
  • 50 Best Mba Programs In International Business For 2024 Graduate Salary: $175,000
  • 50 Best Mba Programs In International Business For 2024 AACSB Accredited: Business
  • 50 Best Mba Programs In International Business For 2024 Graduate ROI: 58%

50 Best International Business MBA Programs Table: ROI, Salary, Tuition

Easily sort the table below by Rank, School Name, ROI, Tuition, Average Starting Salary, and State to find and to compare programs. Click on any school for a comprehensive review.

Rank University ROIIn State TuitionAvg. Starting SalaryStateOnline
1 Northwestern University 54.00% $162,030 $175,000ILNo
2 Stanford University 55.04% $165,591 $182,272CANo
3 Massachusetts Institute of Technology 48.59% $164,000 $159,391MANo
4 Columbia University 44.96% $180,258 $162,099NYNo
5 Duke University 48.33% $157,546 $152,297NCYes
6 New York University 50.42% $160,130 $161,475NYNo
7 The University of Michigan 55.99% $137,056 $153,465MIYes
8 University of Southern California 48.70% $154,339 $150,314CAYes
9 The University of North Carolina at Chapel Hill 65.25% $102,314 $133,517NCYes
10 Harvard University 58.40% $149,820 $175,000MANo
11 University of Pennsylvania 46.26% $179,852 $166,391PANo
12 Indiana University Bloomington/Indianapolis 112.02% $60,858 $136,352INYes
13 University of Massachusetts Boston 318.68% $19,499 $124,277MAYes
14 Brigham Young University 101.87% $58,544 $119,281UTNo
15 Georgetown University 55.50% $124,814 $138,552DCYes
16 Dartmouth College 48.31% $165,442 $159,842NHNo
17 Southern Methodist University 60.97% $100,541 $122,609TXYes
18 Rice University 51.13% $139,081 $142,212TXYes
19 University of California, Berkeley 54.73% $139,628 $152,831CANo
20 The University of Texas at Dallas 171.45% $35,918 $123,163TXYes
21 Emory University 49.36% $151,689 $149,759GAYes
22 Vanderbilt University 53.32% $131,000 $139,711TNNo
23 Cornell University 35.29% $219,688 $155,048NYNo
24 Georgia Institute of Technology 107.89% $63,404 $136,819GANo
25 Michigan State University 172.92% $34,564 $119,539MIYes
26 University of Minnesota 68.17% $89,402 $121,882MNYes
27 The George Washington University 51.26% $113,090 $115,951DCYes
28 The University of Texas at Austin 60.02% $120,432 $144,564TXNo
29 University of Rochester 61.40% $108,038 $132,671NYNo
30 University of Virginia-Darden 51.95% $151,200 $157,090VAYes
31 University of South Carolina 182.06% $26,485 $96,435SCYes
32 University of California, Davis Business School 61.53% $88,634 $109,075CAYes
33 Boston College 49.36% $118,336 $116,815MANo
34 Boston University 48.65% $124,248 $120,884MAYes
35 Texas A&M University 93.21% $62,000 $115,585TXYes
36 University of California, San Diego 48.93% $106,246 $103,969CANo
37 The University of Georgia 196.87% $30,606 $120,510GAYes
38 University of Wisconsin-Madison 107.05% $55,575 $118,983WINo
39 Northeastern University 48.77% $102,582 $100,063MAYes
40 University of Utah 88.54% $65,700 $116,348UTYes
41 Fordham University 64.08% $99,497 $127,511NYYes
42 The Pennsylvania State University 93.48% $61,236 $114,483PAYes
43 Case Western Reserve University 52.08% $92,040 $95,875OHYes
44 Indiana State University 263.16% $19,000 $100,000INYes
45 University of Maryland 61.25% $98,865 $121,103MDYes
46 Lehigh University 69.45% $68,900 $95,699PAYes
47 American University 53.76% $98,282 $105,666DCYes
48 New Jersey Institute of Technology 74.73% $66,576 $99,501NJYes
49 The University of Iowa 240.52% $23,453 $112,820IAYes
50 University of California, Irvine 63.13% $97,342 $122,899CAYes

What is an International Business MBA?

The ever-changing global economy has boosted the demand for MBA in International Business programs. Within many MBA programs, the MBA in international business specialization is highly-respected concentration giving B-Students a macro-level picture of the global business world. The objective of this specialization is to equip students on how to effectively approach international business management issues with strategic problem-solving methods. This specialization has the objective of producing highly versatile managerial candidates that will have the subject matter expertise to be effective leaders within multinational companies. The primary mission of this program is to use the case study methodology to firmly grasp global business decision making and to obtain hands-on experience in the international business sector.

Within the International Business concentration, you will study the essential components of economics, finance, leadership, digital marketing, business communications and effective strategic management. While studying in your MBA, you will learn through real-world case studies that illustrate common issues relating to global financial regulations, how to navigate multicultural organizations, economic theory, and distinct legal systems around the globe.

Choosing to pursue an MBA with an International Business will open professional doors unique to Fortune 500 companies that conduct business overseas. Some examples of the types of business that you could work for after obtaining an MBA with an International Business Specialization are international institutions, corporations, multinational companies, nonprofit organizations, and diplomatic posts. Once finish your MBA in International Business, you’ll choose a specific sector of business whether it’s finance, strategic management, marketing, e-commerce, accounting, or supply chain management. These specific industry sectors are critical to your progression as an international manager and each one has certain licensing/credentialing requirements.

The International Business Specialization is tailored to prepare B-Students to face challenges in the global business environment. Most MBA programs will focus on developing skills related to legal, cultural, technological developments, entrepreneurship, staffing management, and global leadership strategy. Upon mastering these skills, you will be fully prepared to start a managerial training program for a multinational company.

Difference Between an MBA in International Business and a Master’s in International Business

An MBA in International Business and a Master’s in International Business (MIB) are both graduate-level programs focusing on global commerce, but they have some key differences:

Program Focus

  • MBA in International Business: Provides a broad business education with a specialization in international business. Covers general management topics like finance, accounting, and marketing, along with international business concepts.
  • MIB: Offers a more specialized curriculum entirely focused on international business topics like global trade, cross-cultural management, and international marketing.

Student Profile

  • MBA: Typically requires 3-5 years of work experience. Average student age is around 31.
  • MIB: Often accepts students with little to no work experience. Average student age is around 24.

Curriculum

MBA in International Business:

  • Core business courses (finance, accounting, etc.)
  • International business electives
  • Leadership and management focus

MIB:

  • All courses have global business perspective
  • In-depth study of international markets and trade
  • Focus on business development in global context

Career Outcomes

MBA graduates often pursue general management roles across industries, while MIB graduates are more likely to seek specialized roles in international trade, global marketing, or multinational corporations.

The choice between these programs depends on your career goals, work experience, and desired focus. An MBA offers broader management skills, while an MIB provides deep expertise in international business operations.

Key Highlights for International Business MBA Programs

  • Starting salary for graduates from MBA programs International Business is reported to be between $39,900 and $182,272 with an average of $82,477.
  • Tuition for in-person, campus MBA programs in International Business ranges from $7,048 to $219,688, and averages $45,420
  • Online tuition in for International Business MBAs ranges between $7,176 to $157,546, with an average total tuition cost of $40,493
  • ROI in for International Business MBAs ranges between 30% to 567%, with an average total tuition cost of 144%
  • Best 100 MBAs in International Business
  • A GMAT score between 265 and 737 with an average of 566 is needed for acceptance into an MBA program in International Business.
  • There are 440 campus and 527 MBA International Business Programs.
  • Average student enrollment for MBA programs in International Business varies between 4 and 3,933 with an overall average of 305.
  • Student / Faculty Ratio for International Business MBA programs offering a International Business concentration varies between 1:1 and 63:1 with an average of 16:1 students.
  • 526 MBA programs in International Business are ranked by the following institutions MBAGuide: 388, US News: 80, Forbes: 64, BW: 71, FT: 42 and Economist: 44.

Compare Online International Business MBA Program Averages to Campus Averages

When comparing online and campus-based International Business MBA programs, prospective b-students should consider many factors. Online programs offer lower average tuition costs ($45,420 vs : $45,419.83) and better average graduate ROI (144% vs 144%), while campus programs have slightly higher average graduate salaries ($82,477 vs $82,477). Both program types have comparable GMAT scores, full-time faculty numbers, and student-faculty ratios, indicating similar academic rigor and support.

 AveragesOnline International Business MBA ProgramsCampus International Business MBA Programs
Average MBA Tuition$40,493: $45,419.83
Average Graduate Salary$80,389$82,477
Average Graduate ROI151%144%
Average GMAT Scores560566
Average Full-Time MBA Faculty7371
Average MBA Student Faculty Ratio: 17:1
16:1

Read about our ranking methodology.

What is the Average Salary for MBA International Business Graduates?

The average graduate salary range for MBA in International Business graduates is quite wide. At the lower end, Grambling State University reports an average starting salary of just $39,900 for its MBA in International Business graduates. On the other hand, Stanford University boasts the highest average starting salary at an impressive $182,272.

The average starting pay across all finance MBA programs hovering around $82,477.

This substantial difference in starting salaries is due to a number of factors including reputation and ranking of the business school, the strength of its alumni network, the cost of living in the state and region, and the industries and locations where graduates find employment. Prospective b-students can research career outcomes and salary data of their target MBA programs to get a clearer picture the earning potential post-graduation.

While a high average starting salary is undoubtedly attractive, the savvy b-student will consider other factors like tuition costs, financial aid, and the overall return on investment when choosing an MBA in International Business program.

Average Salaries for International Business MBA Graduates

10 Highest Average Salaries for International Business MBA Graduates

  1. Stanford University - $182,272.00
  2. Northwestern University - $175,000.00
  3. Harvard University - $175,000.00
  4. University of Pennsylvania - $166,391.00
  5. Columbia University - $162,099.00
  6. New York University - $161,475.00
  7. Dartmouth College - $159,842.00
  8. Massachusetts Institute of Technology - $159,391.00
  9. University of Virginia-Darden - $157,090.00
  10. Cornell University - $155,048.00

10 Lowest Average Salaries for International Business MBA Graduates

  1. Grambling State University - $39,900.00
  2. Eastern Kentucky University - $42,450.00
  3. University of Maryland Eastern Shore - $42,900.00
  4. South Carolina State University - $43,200.00
  5. Western Carolina University - $44,100.00
  6. Arkansas Tech University - $44,250.00
  7. Louisiana State University Shreveport - $45,300.00
  8. The University of North Carolina at Asheville - $45,750.00
  9. Delaware State University - $46,300.00
  10. Winston-Salem State University - $46,350.00

Average International Business MBA Graduate Salary by State

  1. District of Columbia - $121,848
  2. New Hampshire - $113,255
  3. Massachusetts - $100,630
  4. Arizona - $97,127
  5. Wyoming - $93,010
  6. Illinois - $92,682
  7. Washington - $91,447
  8. California - $90,698
  9. Michigan - $89,920
  10. Pennsylvania - $89,328
  11. Utah - $89,172
  12. Nevada - $88,249
  13. Maine - $87,535
  14. Minnesota - $86,736
  15. Virginia - $86,642
  16. Tennessee - $84,991
  17. New Jersey - $84,703
  18. Texas - $83,926
  19. Colorado - $83,807
  20. Indiana - $83,648
  21. Iowa - $83,468
  22. Connecticut - $83,241
  23. New York - $81,215
  24. Maryland - $80,131
  25. Nebraska - $79,913
  26. Georgia - $79,652
  27. Alaska - $79,087
  28. Ohio - $77,307
  29. Wisconsin - $76,959
  30. Oregon - $76,503
  31. Rhode Island - $75,889
  32. Oklahoma - $75,600
  33. Hawaii - $74,209
  34. Florida - $73,349
  35. Idaho - $72,446
  36. North Carolina - $71,631
  37. Missouri - $71,608
  38. Montana - $69,487
  39. Alabama - $67,949
  40. South Carolina - $67,447
  41. New Mexico - $67,250
  42. West Virginia - $66,028
  43. Vermont - $66,000
  44. Kentucky - $65,025
  45. Kansas - $64,772
  46. Mississippi - $64,196
  47. Arkansas - $62,951
  48. Delaware - $62,333
  49. Louisiana - $55,392
  50. North Dakota - $50,600
  51. South Dakota - $50,102

What is the Average Tuition for International Business MBA Programs?

Investing in your future with a finance MBA can be a very smart decision. On average, you can expect to pay $45,419.83 for a finance MBA program. However, tuition rates can vary significantly, with the most expensive programs costing up to $219,688.00 and the most affordable options starting at $7,048.00.

When comparing in-state and out-of-state tuition for MBA programs in International Business, you’ll find that in-state students pay an average of $45,420, while out-of-state students face an average tuition of $55,426. With such a wide range of tuition costs, spanning from $7,048.00 to $219,688, it’s essential to carefully consider your options. Factors that impact tuition rates include your enrollment status, the program type, and whether you attend a private college or public institution. Choosing a highly respected program could provide better value for your money than opting for an out-of-state school.

The ROI of an online MBA program is often more favorable than traditional programs, as students can continue working while studying. According to a 2017 US News survey, the average salary for students three months after graduating from an online MBA program was $96,974, a 22% increase from the average entering salary. The highest average salary increases for online programs hover around 60%. With the right program choice and financial planning, an online finance MBA can be a worthwhile investment in your future, leading to increased earning potential and career advancement opportunities.

Average Tuition for International Business MBA Programs

10 Most Affordable International Business MBAs

  1. The University of Rhode Island - $7,048.00
  2. California State University, Bakersfield - $7,176.00
  3. Indiana University Northwest - $7,458.00
  4. Indiana University South Bend - $7,458.00
  5. Indiana University Southeast - $7,458.00
  6. McNeese State University - $8,879.00
  7. University of Central Oklahoma - $9,068.00
  8. University of the District of Columbia - $9,156.00
  9. Savannah State University - $9,180.00
  10. Tennessee State University - $9,452.00

10 Most Expensive International Business MBAs

  1. Cornell University - $219,688.00
  2. Columbia University - $180,258.00
  3. University of Pennsylvania - $179,852.00
  4. Stanford University - $165,591.00
  5. Dartmouth College - $165,442.00
  6. Massachusetts Institute of Technology - $164,000.00
  7. Northwestern University - $162,030.00
  8. New York University - $160,130.00
  9. Duke University - $157,546.00
  10. University of Southern California - $154,339.00

Average Tuition Costs by State for MBA Programs

  1. New Hampshire - $103,312
  2. District of Columbia - $83,309
  3. Massachusetts - $74,395
  4. Oregon - $61,583
  5. New York - $61,321
  6. California - $59,093
  7. Pennsylvania - $54,581
  8. Connecticut - $51,233
  9. New Jersey - $51,100
  10. Maryland - $50,582
  11. Illinois - $48,710
  12. Washington - $48,319
  13. Ohio - $47,833
  14. Virginia - $45,876
  15. Michigan - $45,734
  16. Minnesota - $44,597
  17. Tennessee - $44,060
  18. Arizona - $40,003
  19. Colorado - $38,995
  20. Texas - $37,995
  21. North Carolina - $37,844
  22. Florida - $37,711
  23. Utah - $36,682
  24. Wisconsin - $33,557
  25. Louisiana - $33,470
  26. Indiana - $32,023
  27. Missouri - $31,909
  28. Vermont - $31,878
  29. Georgia - $31,430
  30. Rhode Island - $29,922
  31. Delaware - $27,790
  32. Oklahoma - $27,566
  33. Wyoming - $26,460
  34. Iowa - $25,779
  35. Kentucky - $25,407
  36. South Carolina - $25,244
  37. Montana - $24,913
  38. West Virginia - $21,722
  39. Alaska - $21,467
  40. Nebraska - $21,340
  41. Hawaii - $21,288
  42. Mississippi - $21,282
  43. North Dakota - $21,022
  44. Alabama - $21,005
  45. Nevada - $20,392
  46. Maine - $19,935
  47. Kansas - $19,893
  48. New Mexico - $18,520
  49. Arkansas - $17,073
  50. Idaho - $15,079
  51. South Dakota - $14,503

What Typical Classes for an MBA in International Business

  • International Business. International Business focuses on the various social, cultural, legal, and environmental factors that occur in order to conduct business as a global firm with a presence in diverse markets. This coursework will provide you with a first-hand glimpse of how multinational organizations make decisions in their respective industries.
  • Financial Management Policy. Financial Management Policy is designed to raise awareness about the impact that global transactions can have on a firm’s financial success. This course will allow you to analyze financial management instruments that require the use of working capital, capital budgeting, and capital structure.
  • Global Accounting and Financial Analysis. Global Accounting and Financial Analysis zoom in on the financial and accounting techniques that are required to conduct business between borders. This course will also permit you to focus on what analytical approaches are required to conduct business internationally and how those approaches have the potential to impact stakeholders and organizations.
  • Global Marketing Management. Global Marketing Management highlights what marketing research is required in order to be competitive in foreign markets. While studying this course, you will be able to discuss product sourcing strategies, relationship marketing, social media marketing, and business-to-business marketing.

What is the Average ROI for International Business MBA Programs?

The average ROI full-time for MBA programs in International Business is 144% with a highest of 567% and the lowest of 30%.

Return on investment (ROI) is an essential factor when considering which MBA program(s) to apply to. To calculate ROI, consider both the tuition for the MBA program and the average salary a graduate earns. The average tuition cost for an MBA degree in International Business is approximately $45,419.83, while the average starting salary for MBA graduates is around $82,477.25. To calculate ROI, you need to subtract the tuition from the salary and divide by the tuition cost. This will give you a rough estimate of how much value you will get out of the MBA International Business.

The average ROI for all MBA programs in the United States is 146%. The average ROI for International Business programs is 144%.

ROI for International Business MBA Programs

10 International Business MBA Programs with the Best ROI

  1. Tennessee State University - 566.59%
  2. California State University, Bakersfield - 547.66%
  3. The University of Rhode Island - 524.26%
  4. Indiana University Northwest - 502.82%
  5. Texas A&M University-Texarkana - 458.20%
  6. Sonoma State University - 454.50%
  7. Indiana University Southeast - 433.43%
  8. California State University, Chico - 421.77%
  9. Savannah State University - 413.81%
  10. Indiana University South Bend - 404.26%

10 International Business MBA Programs with the Lowest ROI

  1. Rochester Institute of Technology - 29.90%
  2. The University of Tampa - 30.70%
  3. Miami University - 34.00%
  4. Cornell University - 35.29%
  5. University of California, Riverside - 36.79%
  6. St. John's University - 37.63%
  7. Chapman University - 39.06%
  8. Ohio Northern University - 39.25%
  9. Claremont Graduate University - 41.85%
  10. Tulane University - 41.90%

Average ROI by State for MBA Programs

  1. Idaho - 270%
  2. New Mexico - 235%
  3. Indiana - 224%
  4. Maine - 220%
  5. Nevada - 216%
  6. North Dakota - 208%
  7. Rhode Island - 208%
  8. Nebraska - 207%
  9. Kansas - 203%
  10. Georgia - 201%
  11. Arkansas - 201%
  12. Montana - 196%
  13. Hawaii - 189%
  14. Alaska - 187%
  15. Mississippi - 185%
  16. Kentucky - 179%
  17. Oklahoma - 178%
  18. Wyoming - 176%
  19. Utah - 174%
  20. Alabama - 174%
  21. South Dakota - 173%
  22. Texas - 171%
  23. Tennessee - 170%
  24. Arizona - 170%
  25. Iowa - 168%
  26. Missouri - 159%
  27. California - 152%
  28. South Carolina - 152%
  29. Wisconsin - 148%
  30. North Carolina - 147%
  31. Illinois - 142%
  32. Minnesota - 140%
  33. West Virginia - 137%
  34. Florida - 135%
  35. Maryland - 132%
  36. Ohio - 131%
  37. Washington - 131%
  38. Louisiana - 127%
  39. Virginia - 126%
  40. Connecticut - 125%
  41. Colorado - 125%
  42. Delaware - 125%
  43. Michigan - 122%
  44. Pennsylvania - 104%
  45. Vermont - 104%
  46. Massachusetts - 102%
  47. New York - 97%
  48. New Jersey - 88%
  49. New Hampshire - 65%
  50. Oregon - 64%
  51. District of Columbia - 62%

What is the Average GMAT Needed for International Business MBA Programs?

The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.

The average GMAT scores full-time MBA programs in International Business is 566 with a highest of 737 and the lowest of 265

More than 233 AACSB accredited MBA programs do not require their applicants to take GMAT exam. Many well-known programs such as the University of Michigan and the University of California, Los Angeles no longer require the exam. If you are unsure where you would like to take your program, then you should take the GMAT sooner rather than later so you don’t lose time meeting the score requirement of a program.

The average GMAT score needed for a International Business MBA program from an institution is between 265 from University of Wisconsin-River Falls to 737 from Stanford University. The average GMAT scores for International Business MBA programs is 566.

Average GMAT Score for International Business MBA Programs

10 Highest GMAT Scores for International Business MBA Programs

  1. Stanford University - 737
  2. New York University - 733
  3. University of Pennsylvania - 733
  4. Columbia University - 732
  5. University of Southern California - 732
  6. Harvard University - 730
  7. Northwestern University - 729
  8. University of California, Berkeley - 729
  9. Dartmouth College - 726
  10. Massachusetts Institute of Technology - 724

10 Lowest GMAT Scores for International Business MBA Programs

  1. University of Wisconsin-River Falls - 265
  2. Clark Atlanta University - 318
  3. Auburn University at Montgomery - 370
  4. Southeastern Louisiana University - 375
  5. Metropolitan State University of Denver - 390
  6. University of New Haven - 399
  7. National University College - 400
  8. California Lutheran University - 400
  9. Northcentral University - 400
  10. Iona University - 420

Average GMAT Scores by State for MBA Programs

  1. New Hampshire - 643
  2. Vermont - 640
  3. District of Columbia - 639
  4. Massachusetts - 623
  5. Oregon - 608
  6. Indiana - 602
  7. Oklahoma - 597
  8. Maryland - 586
  9. Ohio - 582
  10. Mississippi - 581
  11. Idaho - 579
  12. New York - 579
  13. Minnesota - 577
  14. Pennsylvania - 571
  15. Illinois - 571
  16. New Mexico - 569
  17. Missouri - 566
  18. Montana - 565
  19. Iowa - 565
  20. Tennessee - 564
  21. Texas - 564
  22. Maine - 562
  23. Washington - 561
  24. Nevada - 557
  25. South Carolina - 556
  26. California - 555
  27. Connecticut - 555
  28. Virginia - 554
  29. Arkansas - 553
  30. Georgia - 551
  31. New Jersey - 551
  32. Michigan - 550
  33. Wisconsin - 550
  34. North Dakota - 550
  35. Arizona - 549
  36. Nebraska - 549
  37. Utah - 547
  38. Colorado - 544
  39. South Dakota - 544
  40. Kentucky - 541
  41. Kansas - 536
  42. Rhode Island - 536
  43. Delaware - 534
  44. North Carolina - 533
  45. Florida - 532
  46. Louisiana - 528
  47. Alaska - 524
  48. Hawaii - 520
  49. Alabama - 515
  50. West Virginia - 507
  51. Wyoming - 460

Student / Faculty Ratio for International Business MBA Programs

Faculty to student ratio is an important factor in the quality of education you will receive. The lower the ratio, the more individualized attention you will receive. The more individualized attention you receive, the greater the odds you will understand the material better.

Student / Faculty Ratio for International Business MBA programs offering a International Business concentration varies between 1:1 and 63:1 with an average of 16:1 students.

The ratios provided are based off all MBA programs regardless of concentration. To discover what the ratio is for the program you are interested in, research the faculty pages of the school and average size of the programs. Faculty could be part or full time. Many also work in the concentration and can provide the students with real-world examples.

10 International Business MBA Programs with the Lowest Student Faculty Ratio

  1. Middlebury Institute of International Studies at Monterey - 1:1
  2. Seattle Pacific University - 2:1
  3. Massachusetts Institute of Technology - 3:1
  4. Dartmouth College - 4:1
  5. Naval Postgraduate School - 4:1
  6. Trinity University - 4:1
  7. Worcester Polytechnic Institute - 4:1
  8. U.S. Coast Guard Academy - 5:1
  9. Washington and Lee University - 5:1
  10. Woodbury University - 5:1

10 International Business MBA Programs with the Highest Student Faculty Ratio

  1. Louisiana State University Shreveport - 63:1
  2. San Diego State University - 47:1
  3. The University of Mississippi - 35:1
  4. Arizona State University - 34:1
  5. The University of Arizona - 32:1
  6. Florida State University - 31:1
  7. University of Missouri - 30:1
  8. California State University, Sacramento - 30:1
  9. Auburn University - 30:1
  10. Baruch College-The City University of New York - 30:1

Which International Business MBA Programs Have the Highest Student Enrollment?

When reviewing how the student population is spread across program formats, you will find the highest concentration of students are, then part time, then full time. The concentration is spread based on flexibility. The higher the flexibility (aka the least amount of scheduled class time), the higher the number of students.

The average Student Enrollment for full-time MBA programs in International Business is 305 with a highest of 3,933 and the lowest of 4

There are pros and cons to small cohorts versus large cohorts. Small cohorts can become very cohesive and encourage each other to make it through the program. However, if the personality dynamic is off, it is hard to find new group members in a smaller pool of students.

The large cohorts cultivate a variety of approaches to solve the same problem, help others to think outside of the box and foster creativity. However, you could feel like just a number and desire more individual attention. When researching schools, try to reach out to current students and ask about the culture to help you decide which type of culture best suits you.

10 International Business MBA Programs with the Highest Student Enrollment

  1. The University of Texas at Dallas - 3,933
  2. University of Southern California - 2,122
  3. The University of North Carolina at Chapel Hill - 2,031
  4. Duke University - 2,012
  5. Boston University - 1,615
  6. The University of Texas at Austin - 1,594
  7. Cornell University - 1,290
  8. Baruch College-The City University of New York - 1,283
  9. The University of Michigan - 1,280
  10. Rice University - 1,277

10 International Business MBA Programs with the Lowest Student Enrollment

  1. University of Nebraska at Kearney - 4
  2. Ohio Northern University - 4
  3. Northwestern State University of Louisiana - 6
  4. University of Illinois at Springfield - 7
  5. Oklahoma City University - 8
  6. Abilene Christian University - 10
  7. State University of New York at Geneseo - 12
  8. State University of New York College at Plattsburgh - 13
  9. University of Wisconsin Oshkosh - 13
  10. Stonehill College - 16

Career Outlook, Job Opportunities, Roles, Industries for a International Business MBA

What is the Career Outlook for an MBA in International Business

An MBA in International Business provides B-Students with a distinct advantage in the corporate world. According to the U.S. Bureau of Labor Statistics, employees that possess a master’s degree or higher will have a 20% increase in their salary compared to employees that have only a bachelor’s degree.

There are many industries in the global economy that actively pursue MBA in International Business graduates. Whether it’s science and technology, international trade, healthcare innovation, global financial services and transactions or e-commerce entrepreneurship, the sky is the limit for MBA in International Business graduates. This is particularly true for startups that are actively recruiting MBA graduates from accredited institution across the globe. If you ask an MBA graduate, you will find the majority describe their B-School investment as financially, personally, and professionally rewarding.

What Can I Do in International Business?

The career path for someone with an MBA in International Business is endless. Here are some targeted career options for graduates:

  • Export Management
  • Import Management
  • International Sales
  • International Business Transactions
  • Global Sourcing and Purchasing
  • Global Business Development
  • International Financial Management
  • International Accounting
  • Global Mergers and Acquisitions
  • Global Human Resources
  • Expatriate Management
  • Global Strategy
  • International Management Consulting

How Can I Promote Myself with an International Business MBA

Learning another language will be instrumental to your success as an international business manager. Whether it’s Arabic, Mandarin, Spanish or French, you will have a distinct advantage over job prospects seeking a high level position at a multinational company. Additionally, you will have an edge over the competition if you keep up-to-date with productive technological advancements and social media growth strategies.

If you decide to pursue an MBA in International Business, here are some of the career opportunities:

  • Entrepreneur – At times, Entrepreneurs are forgotten in business school. This is particularly true for Entrepreneurs that have a global edge. By achieving an MBA degree, it will provide you with the tools to set up a company in different countries or to source products there. It will also allow you to have the technological strategies to implement a social media strategy effectively in many markets.
  • Regional Office Manager at a Multinational – Having an MBA could allow you to be promoted to serve as a leading manager for a major multinational company. This is something that could have you in charge of the headquarters of a major bank in Asia or have you leading the oil and gas office headquarters in Africa or the Middle East, for example. Depending on the area of study that you select, it is absolutely possible for you to lead a major portion of a project within a multinational firm.
  • Consulting Specialist – One of the major roles that consultants face is assisting global firms with entering new markets. These opportunities exist in the legal capacity, but also in marketing efforts in terms of effective strategies to boost sales. If you are able to obtain employment at a top global consulting firm, you will be able to study a region intensively and lead projects there with major global business players.
  • Global Marketing Director – There is an increased demand for MBA graduates that have an international marketing background. If you have focused on marketing in your MBA coursework, you will have many global career opportunities available to you such as: working as a social media strategist for an international fashion company, serving in Facebook’s office in Seoul or even, working for a leading financial institution’s marketing department in Singapore.
  • Financial Manager – Multinational firms desperately need financial managers in all of their regional offices. Given the high value of the transactions, it is important to have an MBA graduate with strong skills and high ethical principles. If you choose this career path and have fluency in multiple languages, you will succeed in this role.
  • Business Strategy/Development Director – Top level firms are always looking for fresh minds to lead their business development strategy. Currently, there is a demand for MBA graduates, particularly those that have the capability to work in the international sector. If you have an MBA degree, you will be competitive for a business development strategy role in a multinational firm.
  • Foreign Policy Advisor – In diplomatic posts, there is an elite level that is reserved for lawyers and MBA graduates that have skills with foreign languages. These jobs are lucrative, fascinating, and will allow you to travel the world during your career.
  • Global Trade Compliance Directors – If you are interested in trade and the import/export world, it is absolutely possible to work in a firm that needs an upper-level manager of their operation to include: following trade regulations, developing a distribution chain, and sourcing products in developing markets.

Qualities That Make A Successful International Business Leader

SectorDescription
Communication skillsBeing able to communicate effectively is something that is required to be a top-level professional in the international business world. You will be required to have the ability to negotiate with others, explain their policies, and manage subordinates.
Decision making skillsAt times in business, it is important to be able to make difficult decisions that will greatly alter the potential future success of the business. As an upper-level manager, you will be required to have decision making skills in order to make strategic decisions to keep the business operating efficiently.
Leadership skillsTop executives regularly have to make decisions. In this role, you will be required to navigate the management of people, resources, and policies in a manner that serves the health of the organization.
Management skillsIn a top executive role, you will need to have strong management skills for the day-to-day operations of the business. You will have to design operations strategies, budgets, and business plans for the organization.
Problem-solving skillsExecutives need to be able to problem solve with varying issues in the organization on a daily basis. In this role, you will have to have the ability to problem solve efficiently to benefit your firm’s well being.
Time-management skillsTime-management is an essential skill to being a top executive. As a top executive, you will have to make every effort to organize your time effectively in order to have a healthy balance between business development, managing existing clients, and staff management.

What are the Outcomes for an International Business MBA Program

  • You will be able to learn strategies to manage employees from multiple backgrounds.
  • Once you develop your quantitative reasoning skills, you will be able to solve issues based on your knowledge of economics, finance, statistics, and mathematics.
  • After completing your MBA program, you will have a strong sense of how to develop business plans that improve the day-to-day operations of the business.
  • You will have the ability to apply quantitative and qualitative research to case studies and evaluate whether the proper research has been completed.
  • Once you have a strong understanding of economic principles, you will be able to analyze what potential economic problems and opportunities exist in a particular situation.
  • You will develop strong critical thinking skills to apply to issues that come up in the business world.
  • Having an MBA forces you to learn about up-to-date technological advancements and how they could make your firm’s business run more efficiently and cost-effectively.
  • The MBA curriculum will permit you to see the impact that legal and ethical conflicts have in global business transactions.
  • Your communication skills developed from an MBA program will enable you to navigate diverse situations that occur in your role as a top executive.

How We Rank International Business MBA Programs

The team at responsible for program rankings at MBAGuide.org comprises of data science and product management experts. Our ranking team works independently from the editorial team and is not influenced by editorial decisions.

MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.

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