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Bank sponsor
Sanjidur Rahman Sanjidur Rahman Member Join date: Apr, 2012 Posts: 3 Points: 0
How much bank balance needs to show for studying MBA in the USA? Is it depending on the university? Is it sufficient to show current asset in the bank, like$25000.
  • May 26, 2012
  • Preferred study destination: United States

Replies (1)

Ajay Sathyan Sathyan profile image Ajay Sathyan Sathyan Expert Join date: Feb, 2012 Posts: 414 Points: 6045 Trusted Advisor

Hi, the average tuition cost for an MBA is between $80,000 and $130,000 approximately for the two-year course. It may vary according to the business school you choose. You have to calculate the total cost of your education in US including living, boarding, books, etc. You would have to at least show total amount equal to cost of tuition fee, living expenses, books and misc expenses for the whole course (typically 2 years). It is good to add 15 to 25% more than the university’s recommended total cost, just to be safe. Cost of living as a student in the United States can vary drastically between locations and institutions.

Ajay Sathyan Sathyan | Uniguru
 

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