Advance Diploma in Finance – Business Administration Course in Abroad for Indian Students

In today’s globalized world, acquiring advanced education in finance and business administration from a reputable international institution can be a transformative experience for Indian students. It not only opens up new career opportunities but also exposes students to diverse cultures and global business practices. In this comprehensive guide, we will explore the advantages of pursuing an Advance Diploma in Finance – Business Administration course abroad, the top 10 universities offering this program, and a detailed breakdown of the associated fees.

Why Pursue an Advance Diploma in Finance – Business Administration Abroad?

Studying abroad has become increasingly popular among Indian students, especially for programs in finance and business administration. Here are some compelling reasons why you should consider pursuing an Advance Diploma in Finance – Business Administration abroad:

1. International Exposure:

Studying in a foreign country exposes you to a variety of cultures and perspectives. This can be invaluable in a global business environment where cross-cultural communication and understanding are essential.

2. Enhanced Curriculum:

Many international universities offer advanced and up-to-date curriculum in finance and business administration, ensuring you stay ahead in the field.

3. Networking Opportunities:

Studying abroad allows you to build an international network of contacts, which can be advantageous for your career.

4. Language Proficiency:

If you choose a non-English speaking country, you can improve your language skills, which is a valuable asset in a globalized world.

5. Quality Education:

Many top universities abroad are renowned for their high-quality education, and having a degree from one of these institutions can significantly boost your resume.

Top 10 Universities Offering Advance Diploma in Finance – Business Administration

Now that you know why pursuing this course abroad is a great idea, let’s take a look at the top 10 universities that offer an Advance Diploma in Finance – Business Administration program. The following universities are known for their excellent faculty, cutting-edge facilities, and strong alumni networks in the finance and business fields:

Rank	University	Location	Program Duration	Tuition Fee (per year in USD)
1	Harvard University	Boston, USA	2 years	$54,002
2	London Business School	London, UK	15 months	£34,200
3	INSEAD	Fontainebleau, France	10 months	€87,000
4	Stanford Graduate School of Business	Stanford, USA	2 years	$71,218
5	University of Oxford	Oxford, UK	1 year	£29,000
6	Wharton School, University of Pennsylvania	Philadelphia, USA	2 years	$74,500
7	London School of Economics and Political Science	London, UK	12 months	£31,600
8	MIT Sloan School of Management	Cambridge, USA	2 years	$74,400
9	HEC Paris	Jouy-en-Josas, France	16 months	€46,000
10	University of Cambridge	Cambridge, UK	1 year	£33,480

1. Harvard University

Harvard University, located in Boston, USA, offers a 2-year Advance Diploma in Finance – Business Administration program. It is renowned for its rigorous curriculum and faculty.

2. London Business School

London Business School, situated in London, UK, provides a 15-month program with a focus on international business and finance.

3. INSEAD

INSEAD, based in Fontainebleau, France, offers a 10-month program with a strong emphasis on entrepreneurship and innovation.

4. Stanford Graduate School of Business

Stanford Graduate School of Business, located in Stanford, USA, offers a 2-year program known for its cutting-edge research and leadership development.

5. University of Oxford

The University of Oxford, in Oxford, UK, offers a 1-year program with a focus on strategic finance and investment.

6. Wharton School, University of Pennsylvania

Wharton School, based in Philadelphia, USA, is renowned for its 2-year program and emphasis on leadership in the business world.

7. London School of Economics and Political Science

The London School of Economics and Political Science in London, UK, provides a 12-month program with a strong focus on economics and policy analysis.

8. MIT Sloan School of Management

MIT Sloan School of Management, located in Cambridge, USA, offers a 2-year program known for its strong analytical and problem-solving approach.

9. HEC Paris

HEC Paris, situated in Jouy-en-Josas, France, offers a 16-month program with a focus on sustainability and corporate responsibility.

10. University of Cambridge

The University of Cambridge, based in Cambridge, UK, offers a 1-year program with a strong emphasis on leadership and entrepreneurship.

Breakdown of Program Fees

Below, we provide a detailed breakdown of the program fees, which includes tuition and living expenses, for each of the universities mentioned above.

Rank	University	Tuition Fee (per year in USD)	Living Expenses (per year in USD)	Total Cost (per year in USD)
1	Harvard University	$54,002	$20,000 – $25,000	$74,002 – $79,002
2	London Business School	£34,200	£12,000 – £15,000	£46,200 – £49,200
3	INSEAD	€87,000	€15,000 – €20,000	€102,000 – €107,000
4	Stanford Graduate School of Business	$71,218	$20,000 – $25,000	$91,218 – $96,218
5	University of Oxford	£29,000	£12,000 – £15,000	£41,000 – £44,000
6	Wharton School, University of Pennsylvania	$74,500	$20,000 – $25,000	$94,500 – $99,500
7	London School of Economics and Political Science	£31,600	£12,000 – £15,000	£43,600 – £46,600
8	MIT Sloan School of Management	$74,400	$20,000 – $25,000	$94,400 – $99,400
9	HEC Paris	€46,000	€12,000 – €15,000	€58,000 – €61,000
10	University of Cambridge	£33,480	£12,000 – £15,000	£45,480 – £48,480

Note: Living expenses can vary significantly based on the city and lifestyle choices.

Scholarships and Financial Aid

Many universities offer scholarships and financial aid to international students, which can help offset the high tuition costs. It’s advisable to research and apply for these opportunities early in the application process.

Application Process

Applying to international universities can be a complex and time-consuming process. Here is a simplified step-by-step guide:

1. Research:

• Research universities and their programs to find the best fit for your career goals.

2. Entrance Exams:

• Take standardized tests like GRE or GMAT as required by the university.

3. Application:

• Fill out online applications for the universities of your choice. Most universities had an online application portal.

4. Transcripts and Recommendations:

• Submit transcripts and letters of recommendation from professors and professionals who know you well.

5. Statement of Purpose (SOP):

• Write a compelling SOP that highlights your academic and professional journey and explains why you want to pursue this program.

6. Financial Documentation:

• Provide proof of funds or financial support as required for the student visa application.

7. Interviews:

• Some universities can require interviews as part of the application process.

8. Acceptance:

• Wait for acceptance letters and make your choice.

9. Visa Application:

• Once accepted, apply for a student visa.

10. Pre-Departure:

• Make necessary travel and accommodation arrangements.

11. Arrival:

• Arrive at the university well before the start of the program.

Conclusion

Pursuing an Advance Diploma in Finance – Business Administration abroad can be a life-changing experience for Indian students. With a strong emphasis on international exposure, quality education, and the opportunity to build a global network, this program opens doors to exciting career prospects. While the tuition fees can be steep, many universities offer scholarships and financial aid to help alleviate the financial burden. Make sure to research thoroughly, prepare meticulously, and embark on this enriching educational journey that promises a bright future in the world of finance and business administration.