Business and Management

Business and management is one of the broadest fields in higher education, ranging from bachelor’s degrees in business administration to MBAs and specialized master’s programs. It is not a single major but a group of programs united by a common goal: preparing individuals to manage organizations, resources, and teams in real-world market conditions.

Why it is worth studying

Direct access to international recruitment

Leading business schools — Wharton, HBS, LBS, INSEAD, HEC Paris — have established partnerships with the world’s largest employers. According to the GMAC Corporate Recruiters Survey 2025, more than a third of global employers plan to expand their hiring of MBA graduates compared to 2024, and about 90% of employers overall plan to hire MBA graduates.

High salary levels

The median salary of MBA graduates in the US in 2025 was $125,000, according to GMAC. According to the Financial Times MBA Ranking 2026, graduates of Harvard Business School report an average salary of $259,874 three years after completing the program, while graduates of Wharton report an average salary of $246,813.

International network of contacts

Studying at a business school with a global reputation builds a network of contacts that lasts throughout one’s career. Former consultants from MBB firms who completed leading programs hold leadership positions in more than 1,500 companies on the Fortune 500 list.

Flexible choice of track and specialization

Business education encompasses dozens of specializations — from finance and strategy to entrepreneurship and sustainable development. This makes it possible to find a direction that suits specific career goals, rather than obtaining a generic diploma.

How to get into a Business and Management program

Admission requirements vary significantly depending on the type of program. The main steps include:

1
Selecting the program type

If you have just graduated from school or completed a bachelor’s degree without work experience — BBA or MiM. If you have 2–5 years of professional experience and want to change tracks or accelerate your career — MBA. To get into an MBA program in the USA, you typically need a GMAT or GRE, as well as work experience. For a MiM, a bachelor’s degree without standardized tests is often sufficient — the requirements depend on the school. We will help you determine which type of program suits your profile.

2
Profile creation

Academic performance, professional experience, leadership achievements, extracurricular activities. For an MBA, specific, measurable career achievements play a key role. For MiM and BBA, academic potential, first internships, and project work are key. Essays for leading programs should explain why now, why this particular school, and how the program fits into a specific career plan.

3
Documents and tests

Language certificate for programs in English (IELTS or TOEFL — most leading American MBA programs require a TOEFL iBT score of 100+ or an IELTS score of 7.0+), a resume, motivation letters, and letters of recommendation. For an MBA in the USA, you need a GMAT or GRE. An important nuance: according to Fortune Education, Columbia Business School, for example, does not require a language certificate from international applicants — the requirements must be checked for each school individually.

4
Submitting an application

Most MBA programs in the US accept applications in three rounds: the first in October, the second in January, and the third in March–April. More spots and scholarships are available in the earlier rounds. It’s worth starting preparation 18–24 months in advance — GMAT preparation alone takes an average of 3–6 months.

We are happy to help you navigate this journey and secure not only an offer but also a scholarship.

Scholarships and funding

Business education is one of the most expensive fields (the cost of studying at Wharton for international students is approximately $184,500 for a two‑year MBA), but at the same time it is one of the most actively funded through institutional scholarships and external funds.

  • Forté Foundation MBA Fellowships is a scholarship program for women applying to MBA programs at more than 50 partner universities around the world: Harvard, Wharton, LBS, INSEAD, Columbia, Kellogg, Booth, Emory, Carnegie Mellon, NYU, Georgetown, University of Virginia, and others. Scholarships are awarded by the schools themselves — the amounts vary depending on the program. Open to students of all nationalities.
  • The Consortium for Graduate Study in Management offers full-tuition fellowships at 23 partner schools for candidates who demonstrate a commitment to promoting diversity and inclusivity in the business environment.
  • The HBS Need-Based Scholarship is the Harvard Business School’s guarantor for students in need: depending on their financial situation, the grant amount ranges from $2,000 to $87,000. International students are also eligible to apply.
  • The Boustany MBA Harvard Scholarship is funded by the Boustany Foundation and covers up to $115,000 in tuition fees at Harvard Business School.

Most leading business schools offer their own merit-based scholarships that cover 25–50% of the tuition cost. According to AACSB, approximately two out of three business education programs worldwide offer scholarships to international students.

Tip! The first round of applications usually provides access to a larger number of scholarship spots. The strategy of “submit in the first round with a strong profile” yields much better financial results than “submit at any time with ready documents.”

SelfStartGlobal helps students choose programs with real chances of admission and funding.

Post-training prospects

Business education opens up the broadest range of career opportunities among all fields — from investment banking to entrepreneurship.

Management consulting

The most popular and well‑paid path for MBA graduates. According to the Management Consulted Consulting Salaries Report 2026, starting salaries at MBB firms (McKinsey, BCG, Bain) are around $190,000 in base salary plus a $40,000 signing bonus and a $25,000 performance bonus — totaling around $255,000 in the first year.

Finance and Investments

Investment banking, private equity, and asset management are the second‑highest‑paying hiring sectors for MBAs. Harvard Business School reports that 20 % of graduates choose finance, with a starting median compensation of $200,000, although this figure includes very different roles — from corporate finance to private equity.

Technologies

Google, Amazon, and Microsoft hire MBA graduates for roles such as Product Manager, Operations Manager, and Strategy, offering base salaries ranging from $125,000 to $165,000 plus stock packages. Stanford GSB sends the highest percentage of its graduates to technology among leading programs.

Entrepreneurship

Approximately 60–70% of students from top‑tier programs successfully change industries after completing an MBA, and a significant portion choose entrepreneurship or corporate development as a path to starting their own business.

Corporate Strategy and General Management

Strategic roles within large corporations, such as General Manager and Country Director, represent a career path for those who want to manage a business directly.

Employment prospects are significantly influenced by the school’s brand (critical for consulting and finance), internships during the program (most Full‑Time MBA programs provide access to summer internships that translate into job offers), and the professional network built during studies.

Immigration through education

Business education is one of the areas with the most developed corporate support for international students, and immigration opportunities largely depend on the employer, not just on the visa system.

USA

MBA graduates in the USA work under the OPT program for up to 12 months after graduation. Programs in business analytics, information systems management, and a number of other specializations may fall under STEM OPT, with an extension of up to 36 months — this should be clarified for a specific program when choosing a school. Major employers — McKinsey, Goldman Sachs, Amazon, Google, Bain — regularly sponsor H‑1B visas for international graduates. H‑1B sponsorship by employers is a standard practice for leading corporate MBA employers.

UK

The Graduate Route Visa gives graduates of British programmes up to two years to find a job. London is one of the world’s main financial centres, which makes studying here (LBS, Imperial Business School, Oxford Saïd, Cambridge Judge) particularly attractive for those who want to build a career in European or British finance.

Europe

INSEAD (France/Singapore), HEC Paris, ESADE, IE Business School (Spain) — European programs open up access to EU markets. Many graduates work in the European offices of multinational corporations without needing a separate work visa, thanks to internal transfers within the companies.

Asia

Singapore (NUS, INSEAD Asia Campus), Hong Kong (HKUST), South Korea, and Japan are actively attracting MBA professionals through the Employment Pass and similar tools. Studying in Asian programs is especially valuable for those who want to build a career in the region.

FAQ

How does an MBA differ from a MiM? Плюсик

MBA is a professional program for professionals with work experience (typically, at least two years), focused on general management and career path changes. MiM (Master in Management) is a master’s program for recent bachelor’s graduates without a mandatory work experience requirement.

Is the GMAT required for MBA admission? Плюсик

For most leading American programs — yes. European programs (INSEAD, LBS, HEC Paris) also typically accept the GMAT or GRE. Some programs have completely abolished mandatory testing — the requirements need to be clarified for each school individually.

Can an international student get an MBA scholarship? Плюсик

Yes. The Forté Foundation Fellowship is available to students of all nationalities at 50+ partner schools. The Consortium offers full scholarships. Harvard, Wharton, and other leading schools offer need‑based and merit‑based grants to international students. According to AACSB, about two‑thirds of programs worldwide provide funding to international applicants.

What are the employment prospects for MBA graduates? Плюсик

Consulting, finance, and technology are the three main hiring sectors. According to the FT MBA Ranking 2026, the average salary of Harvard MBA graduates three years after graduation is $259,874. The median MBA salary across the US market is around $125,000 at the start.

Which country is best for studying business? Плюсик

It depends on the goal. The USA — for access to MBB consulting, Wall Street, and Silicon Valley. The UK — for European finance. France (INSEAD, HEC Paris) — for an international career in Europe. Singapore — for Asia.

How SelfStartGlobal helps with admission to business and management programs

We help you determine the appropriate type of program — BBA, MiM, or MBA — select countries, universities, and specializations, develop an essay and profile strategy tailored to a specific school, find financing options, and provide support until you achieve the final result.

If you want to figure out which business program is right for you, come to a free consultation.

Popular universities

Paduana


University

Italy
One of the oldest universities in Europe with strong traditions in science, medicine, and the humanities. Attractive due to its combination of academic quality, affordable tuition, and student life in Italy
Bachelor's degree: from €2,000 to €4,500 per yearMaster's degree: from 3,000€ to 6,000€ per yearDoctoral studies: from 1,500 to 3,000 € per year
Maastricht University
Netherlands
A modern university in the Netherlands, known for its innovative Problem-Based Learning (PBL) approach. Popular among international students, especially in business, economics, law, and healthcare
Bachelor's degree: from €9,000 to €15,000 per yearMaster's degree: from €10,000 to €18,000 per yearDoctorate: free or about €2,500 per year
University of Florida
USA
A large public research university in the United States with a high academic ranking. Offers a wide range of programs, strong STEM fields, and more affordable tuition compared to private universities
Bachelor's degree: from $55,000 per yearMaster's degree: $15,000 - $40,000 per yearDoctoral studies: $10,000-$30,000 per year
Johns Hopkins University
USA
A leading U.S. research university and a global leader in medicine, biotechnology, and international relations. Distinguished by a strong focus on research, practice, and interdisciplinary studies
Bachelor's degree: $63,340 per yearMaster's degree: $65,956 per yearDoctoral studies: about $65,000 per year
Princeton University
USA
One of the most prestigious universities in the United States, part of the Ivy League. Strong in natural sciences, engineering, economics, and the humanities. Known for a high level of academic support and generous scholarships
Bachelor's degree: about $60,000 per yearMaster's degree: average $58,000 per yearDoctoral studies: free*
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Countries

Canada
High-quality education with strong support for international students. Attractive for its safe environment and career and immigration prospects
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Spain
Education in a friendly European student environment. Promising English-taught programs and strong fields in business, tourism, and design
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USA
A US education offers prestige and limitless opportunities. American degrees are highly valued worldwide, and graduates from leading universities are eagerly sought after by international companies. US universities consistently occupy top positions in global rankings. Studying here opens the door to a global career and a unique student experience.
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United Kingdom
Classical education with global recognition. Shorter study periods, strong humanities and business programs, and a highly valued diploma
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France
France leads non-English-speaking countries in terms of the number of international students. French universities are renowned for their high academic standards, and degrees are valued worldwide, opening up broad career prospects. Scholarships are available, and the combination of European-quality education and a rich cultural environment makes France particularly attractive to prospective students.
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Germany
One of the most popular study destinations in Europe. Free or low-cost education, strong technical and engineering fields, and high demand for graduates
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Italy
A combination of academic tradition and affordable education. Particularly in demand for studies in design, architecture, business, and the humanities
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China
Chinese universities are rapidly rising in world rankings, and the country has turned into one of the largest educational hubs on the planet. Diplomas from leading Chinese universities are recognized by employers around the world, the cost of education is lower than in Great Britain or the USA, and the government actively finances foreign students. On this page - everything you need for admission: universities, cost, scholarships, documents and student visa.
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Singapore
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Our services

MentoringA personal mentor at every stage of preparation. A clear plan, oversight of every step, and predictable results.
Full SupportA turnkey international application process: a customized strategy, document preparation, and visa support—all in one service, guaranteeing you admission to a university abroad.
Personal brand in a yearIn 12 months, we'll build your strong personal brand for international study: we'll formulate a strategy, select activities, and identify achievements that will increase your chances of admission and scholarship awards.
Selection of activities for Personal brandA personal brand is the foundation for applying for a scholarship. Get a list of activities that will enhance your profile and distinguish you from other applicants.
Universal supportAccelerated preparation for admission: save money and time without compromising results.
Consultation with an expertAn in-depth 60-minute consultation: we'll discuss your admissions chances, financing options, develop a personalized strategy, and answer all your questions.
Consultation with a career guidance specialistWe'll help you identify your strengths and inclinations, choose the right field of study, and build a successful career.
Getting a student visa from the USAWe'll help you obtain a student visa without stress or errors, and we'll also assist you if your application is rejected.
Selection of universities and scholarshipsWe'll create a list of universities and programs that are right for you—with a realistic chance of admission and scholarships.
Admission to Foundation Programme AbroadWe'll help you enroll in the Foundation Program, a program that allows you to transfer to a bachelor's degree abroad without losing a year. We'll select suitable options, prepare your documents, and develop a strategy.
Preparation of documentationStrong documents make a strong candidate. We'll help you prepare your application package based on both formal and informal university requirements.

We are proud of them

She enrolled in Fashion PR programs at five US universities
Anastasia

She enrolled in Fashion PR programs at five US universities

Admitted to three US universities with a $45,000 scholarship
Diera

She was admitted to three American universities at once: Augustana College, Widener University, and the University of South Dakota. She chose Augustana College, where she received a scholarship of $45,000 per year.

Admitted to a master's program in the USA with an $80,000 scholarship
Egor

He entered a master’s program in the USA at two universities at once – Brandeis University and Washington University in St. Louis, receiving scholarships totaling $80,000. He chose Brandeis University and went to study on the first try.

Received a PhD from Columbia University with full funding
Zhanna

I was accepted to the PhD program at Columbia University on my first try, having strengthened my profile and compiled my achievements into a strong application.

Поступила на graphic design во Францию, Италию и Венгрию, в одном из вузов получила 100% финансирование.
Camilla

She enrolled in graphic design at universities in France, Italy and Hungary. She received scholarships at all of them and chose the university with the maximum funding — $135,000 for the entire period of study.

Admitted to Siena Heights University with a 100% scholarship
Leila

She entered graduate school at Kent State University and Ohio University. At Ohio University, she won a Graduate Teaching Assistantship with full funding of $37,774, covering tuition, insurance, and living expenses.

He attended Siena Heights University with a $170,000 scholarship
Leonid

He entered Siena Heights University (USA) for the Theater and Music program with a full scholarship of $170,000. Preparation took less than a year.

He was accepted to NYU Abu Dhabi with a $217,000 scholarship
Ruslan

Got accepted to NYU Abu Dhabi on the first try (acceptance rate 4%) with a scholarship of $217,000. Also received offers from Lynn and Drexel University.

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