Master of Business Administration [MBA]
Field of Study:
$119,000 /Yr
Arizona State University Master of Business Administration is a 21-month full-time MBA at the Tempe campus. Applicants need a recognized bachelor degree, GPA 3.00 on 4.00, GMAT or GRE evidence, English proof and Fall 2027 entry. The international minimum estimated tuition and fees are US$130,000 (INR 1.25 Crore).
The programme trains managers for data-rich leadership through analytics, executive mentoring, career coaching, concentrations and a required internship between the two academic years. It fits applicants with strong quantitative ability, clear career movement and readiness for daytime campus study.
- The MBA is STEM-designated, so eligible F-1 graduates can seek the longer Optional Practical Training route.
- Students can choose concentrations including artificial intelligence, analytics, consulting, finance, marketing, real estate and supply chain management.
- The Fall 2025 class profile shows 32% international students and India among the represented countries.
Current Admission Status
Applications for the Fall 2027 intake are Open. International student deadline: 1 February 2027.
ASU also lists later final review for Fall 2027, but the priority international round is safer for visa and funding timing. Indian applicants should finish testing, transcripts and recommendations before that date.
Also Check: Arizona State University MBA admission
Arizona State University MBA Fees and Living Costs 2027
ASU lists the Full-time MBA international minimum estimated tuition and fees at US$130,000 (INR 1.25 Crore). The amount is a programme estimate, so Indian applicants should still budget separate living, insurance and pre-arrival cash.
Fall 2027 fee context: The table separates the programme estimate from cash payments due before classes. The deposit is credited to the first semester account, while the matriculation fee confirms enrollment.
| Cost item | Published amount | INR equivalent | Applicant timing |
|---|---|---|---|
| International estimated tuition and fees | US$130,000 | INR 1.25 Crore | Minimum estimated total programme cost |
| International application fee | US$115 | INR 11,019 | Paid before ASU processes the application |
| Enrollment deposit | US$1,000 | INR 95,817 | Due after admission and credited to first semester charges |
| Matriculation fee | US$500 | INR 47,908 | Due before classes to secure course registration |
All INR conversions in the article use a conversion rate of USD 1 = INR 95.8168 as of 25 September 2026. Rates fluctuate daily, verify before applying.
Source: ASU Full-time MBA programme cost page and ASU international expenses page.
- The US$130,000 (INR 1.25 Crore) estimate covers tuition and fees, not the full India-to-Tempe budget.
- The US$1,000 (INR 95,817) deposit affects cash timing because it is paid before course registration begins.
- The US$500 (INR 47,908) matriculation fee should not be treated as a scholarship or tuition credit.
Cost of Living in Tempe for MBA Students
ASU publishes graduate international expenses for 2026-27, and these figures remain the official living-cost planning reference. The monthly values below divide the annual estimate by 12 and are not separate university quotes.
2026-27 living-cost reference: The table keeps ASU living costs separate from the MBA tuition estimate and from visa maintenance planning.
| Expense | Monthly (USD) | Monthly (INR) | Annual (USD) | Annual (INR) |
|---|---|---|---|---|
| On-campus housing and meals | US$1,757.25 | INR 1.68 Lakhs | US$21,087 | INR 20.20 Lakhs |
| Books, materials, supplies and equipment | US$159 | INR 15,235 | US$1,908 | INR 1.83 Lakhs |
| Travel | US$308 | INR 29,511 | US$3,696 | INR 3.54 Lakhs |
| Personal expenses | US$398.75 | INR 38,214 | US$4,785 | INR 4.58 Lakhs |
| Health insurance | US$230.42 | INR 22,079 | US$2,765 | INR 2.65 Lakhs |
| Living-cost total, calculated | US$2,853.42 | INR 2.73 Lakhs | US$34,241 | INR 32.81 Lakhs |
A calculated 21-month MBA planning budget is US$190,537 (INR 1.83 Crore). It adds US$130,000 (INR 1.25 Crore) tuition and fees, US$59,922 (INR 57.42 Lakhs) living costs, the application fee and the matriculation fee.
Read More: Arizona State University graduate programmes
Budget note
The MBA estimate is programme-specific, while the living-cost table is a 2026-27 university planning reference. Keep extra reserves for rent variance, health insurance updates and exchange-rate movement.
ROI reality: The verified programme cost starts at US$130,000 (INR 1.25 Crore) before living costs. Borrowing should be tested against ASU salary evidence and any written scholarship offer.
Arizona State University MBA Admission 2027
The Full-time MBA has one published Fall 2027 intake and starts in August at Tempe. ASU uses programme review, class profile evidence and interview selection rather than only the minimum GPA screen.
Admission baseline: The table keeps the intake, academic screen, test policy and profile benchmarks separate. Benchmarks show recent class strength and are not automatic cutoffs.
| Admission factor | ASU published standard | Indian applicant meaning |
|---|---|---|
| Intake and location | Fall start in August at Tempe | Plan for a campus-immersion F-1 route, not an online MBA route |
| Degree eligibility | Bachelor or master degree from a regionally accredited or equivalent institution | Three-year undergraduate degrees may qualify after ASU transcript review |
| Academic threshold | Minimum cumulative GPA 3.00 on 4.00 in the last 60 semester hours or applicable master degree | Use approximately 60% to 70%, or CGPA 6.0 to 7.0 on 10, only as a planning equivalent |
| Quantitative readiness | Students must demonstrate strong quantitative ability and communication skills | Use quant grades, test scores and work examples to show readiness for analytics-heavy study |
| GMAT or GRE | Test scores are required, with waiver requests possible through the optional essay | Do not assume a waiver unless ASU grants it in writing |
| Application materials | Application, fee, transcripts, test scores, two recommendations, resume, short answers and English proof | Prepare recommendations from supervisors who can discuss leadership and graduate study capacity |
| Interview | Personal interview by invitation before an admission offer | Prepare a career-change story that connects work history to MBA concentration choices |
The Fall 2025 class profile gives useful competitiveness context. It reports 426 applications, 19% admitted, class size 47, average GPA 3.6, average Graduate Management Admission Test score 690 and average Graduate Record Examination score 314.
Those profile numbers are not minimum requirements, but they show why Indian applicants should submit a complete test and leadership file. The same profile reports 5.3 years average work experience, so early-career applicants need unusually clear progression.
English Language Requirements
English language proficiency is required when the applicant native language is not English. W. P. Carey says its graduate minimums may be higher than ASU minimums, so the programme page should be checked before submission.
Current ASU graduate English policy: The table quotes the accepted routes most relevant to Indian applicants and keeps the TOEFL scale tied to test date.
| English route | Published minimum or rule | Applicant action |
|---|---|---|
| IELTS Academic | Overall band score at least 6.5 | Use Academic, Online, UKVI or Indicator formats only |
| TOEFL iBT before 21 January 2026 | Minimum score of 80 | Use the old 0 to 120 scale only for older exams |
| TOEFL iBT on or after 21 January 2026 | Minimum score of 4 | Do not convert between old and new TOEFL scales yourself |
| PTE Academic | Score of at least 60 | PTE Academic Online is not accepted by ASU |
| Duolingo English Test | Graduate minimum score of 105 | Send ASU the official verification link after the result arrives |
| Medium of instruction route | Form required after application with official English-medium proof | Request a letter on institutional letterhead before applying |
- Book English testing early enough to keep scores valid through the August 2027 start.
- Use the Graduate Management Admission Test or Graduate Record Examination to strengthen quantitative evidence when your GPA is near the minimum.
- Do not use the Graduate Record Examination at-home version because ASU states that it is not accepted.
Read More: MBA in USA requirements
Fit note
The academic proposition is strongest for applicants who can connect quantitative readiness, leadership experience and a concentration plan. A weak test file may hurt more than a single low semester.
Tip for Indian students: The minimum GPA is only the floor, while the class profile shows a much stronger admitted cohort. Use tests, recommendations and essays to prove readiness.
Arizona State University MBA Application 2027
Fall 2027 applications are open, and ASU publishes four rounds for the Full-time MBA. Round III is labelled Priority International, so it is the main planning date for Indian applicants.
ASU publishes date-only deadlines without a portal time on the checked page. The university date controls the portal cutoff, so India-based applicants should submit before the prior Indian evening.
Fall 2027 application rounds: All required documents must be on file by the round deadline, or ASU may move the file to the next round.
| Round | Application deadline | Decision notification | Deposit date | Best use for Indian applicants |
|---|---|---|---|---|
| Round I | 15 October 2026 | 11 December 2026 | 8 January 2027 | Best for scholarship priority and early visa planning |
| Round II | 1 December 2026 | 5 February 2027 | 26 February 2027 | Useful when test scores arrive after October |
| Round III, Priority International | 1 February 2027 | 9 April 2027 | 1 May 2027 | Main international deadline for F-1 and funding timing |
| Round IV, Final | 1 April 2027 | 4 June 2027 | 25 June 2027 | Higher timing risk for visa documents and housing |
| Rolling review after final round | Until 15 July 2027 | Within three weeks of completed application | After admission | Only sensible with complete documents and fast visa readiness |
The Round III deadline is not just a form date because the file needs transcripts, test scores, recommendations and English proof. Missing one component can push the application into a later round.
- Use Round I when scholarship strategy matters and the Graduate Management Admission Test score is ready.
- Use Round II only if the recommendation letters and English proof are already under control.
- Use Round III as the latest normal international round because it leaves time for deposit, I-20 and visa steps.
- Avoid relying on rolling review unless your funding documents and visa interview plan are already prepared.
The strongest application strategy is to align the resume, short answers and interview around one career movement. The Full-time MBA offers nine concentrations, so vague goals weaken the fit case.
Timing note
ASU makes decisions within three weeks after a completed rolling application, but late completion compresses the visa timeline. Indian applicants should treat 1 February 2027 as the working deadline.
Application tip: Round III is the published priority international deadline for Fall 2027. Submit earlier if scholarships, test retakes or visa appointments could affect timing.
Arizona State University MBA Scholarships 2027
ASU states that over 95% of Full-time MBA candidates receive scholarship funding, with many receiving 100% tuition coverage. The page does not publish a separate Fall 2027 scholarship deadline.
Funding should therefore be treated as admission-linked merit review, not a fixed award that every Indian applicant can price in before selection. Assistantships add work experience but do not replace the need for proof of funds.
Funding routes checked: These routes are open in principle to Full-time MBA students, but final value depends on the admission file or placement.
| Funding route | Published value or scope | Eligibility route | Indian applicant action |
|---|---|---|---|
| Full-time MBA scholarships | Over 95% receive scholarship funding, with many receiving 100% tuition coverage | Considered through the Full-time MBA admission process | Apply in an early round with a complete test, career and leadership file |
| Full scholarship consideration | ASU says full scholarships are available to Full-time MBA students | Competitive school-level funding decision | Do not subtract it from the budget until the award letter names the value |
| Graduate assistantship | Stipend and professional position, approximately 10 hours weekly | Available to any Full-time MBA student who wants placement in a suitable role | Ask how placement affects class schedule, internship search and visa rules |
| Private education loan | Terms, fees, rates and eligibility vary by lender | Possible route for international students without federal loan access | Model repayment using confirmed scholarship and post-admission borrowing terms |
The scholarship message is unusually important because the verified MBA tuition figure is high. However, an award letter must name whether funding covers tuition only, fees, living costs or renewal conditions.
- Round I gives the cleanest scholarship case because funding review and visa timing both start early.
- A 100% tuition award would not remove living costs, visa charges, travel or health insurance from the budget.
- An assistantship can improve cash flow and resume evidence, but it adds weekly work during a demanding campus MBA.
Also Check: Arizona State University scholarships
Funding note
The safest funding plan assumes no scholarship until ASU issues a written award. Use any award letter to revise the US$190,537 (INR 1.83 Crore) planning budget.
Scholarship reality: ASU publishes strong scholarship coverage for the Full-time MBA, but value is individual. Apply early and budget from written award terms only.
Arizona State University MBA Salary 2027
ASU publishes Full-time MBA Class of 2025 career outcomes, so salary evidence is course-cohort evidence. The headline outcome is US$121,116 (INR 1.16 Crore) average base salary.
Career evidence scope: These figures describe the latest published ASU Full-time MBA cohort. They are gross outcomes before taxes and do not promise any individual offer.
| Outcome measure | Published result | Scope |
|---|---|---|
| Average base salary | US$121,116 (INR 1.16 Crore) | Course-cohort Full-time MBA outcome |
| Employed at graduation | 72% | Course-cohort Full-time MBA outcome |
| Employed 90 days after graduation | 90% | Course-cohort Full-time MBA outcome |
| Accepted full-time offer within 90 days | 90% | Reported on ASU MBA experience page |
Source: ASU W. P. Carey Full-time MBA experience page and Facts and Figures page.
Regional salary data helps Indian applicants test U.S. location risk. West outcomes are higher in the ASU table, while Southwest outcomes are lower and may be more relevant for Arizona-based offers.
| Employment region | Average salary | INR equivalent | Sample employers | Top industries named by ASU |
|---|---|---|---|---|
| Midwest | US$123,320 | INR 1.18 Crore | Kearney, P&G, Amazon and United Airlines | Consumer packaged goods and technology |
| Northeast | US$124,050 | INR 1.19 Crore | Amazon, BCG and KPMG | Consulting and financial services |
| Southwest | US$100,351 | INR 96.15 Lakhs | Dell, Honeywell, Amazon and Northrop Grumman | Manufacturing and consulting |
| West | US$131,569 | INR 1.26 Crore | Applied Materials, Amazon, Mattel, EY and Microsoft | Manufacturing and technology |
Return on investment for Indian students: The calculated study budget is US$190,537 (INR 1.83 Crore), before personal travel changes or scholarship revision. That makes written funding and role geography central to the ROI decision.
- A 100% tuition scholarship would change the ROI case because tuition forms US$130,000 (INR 1.25 Crore) of the planning budget.
- The US$121,116 (INR 1.16 Crore) average base salary is gross, so loan modelling needs tax and living-cost deductions.
- The Southwest salary of US$100,351 (INR 96.15 Lakhs) is the safer planning benchmark if the applicant targets Arizona or nearby markets.
- The STEM-designated work window can extend American job search time, but sponsorship still depends on employer need and wage rules.
Use the Internal Revenue Service tax estimator before modelling loan payments from gross salary. Indian return planning should compare confirmed post-MBA roles with the rupee debt service schedule.
ROI reality: ASU publishes useful MBA salary evidence, but the upfront budget is large without scholarship support. A written award or strong U.S. role plan materially changes the decision.
USA Visa for Arizona State University MBA Students 2027
An admitted campus MBA student normally uses the F-1 student visa for U.S. academic study. The Full-time MBA is STEM-designated, so eligible graduates can combine 12 months of Optional Practical Training with a 24-month STEM extension.
- The F-1 visa fee is US$185 (INR 17,726), and the I-901 SEVIS fee is US$350 (INR 33,536).
- The full study-visa fee baseline is US$535 (INR 51,262) before travel, document delivery or currency-card charges.
- The 36-month work window depends on F-1 status, STEM degree classification, employer participation and timely OPT filing.
- The H-1B specialty occupation route requires the higher of actual wage or prevailing wage, while permanent residence has no fixed MBA timeline.
F-2 status may cover a spouse and unmarried children under 21, but F-2 dependants cannot work in the United States. Indian applicants with family plans should add dependant funding and school-year timing before accepting an offer.
Read More: U.S. post-study work visa
Visa reality: The STEM-designated MBA can support a longer work window after graduation. It helps only after admission, F-1 compliance and a qualifying employer path are in place.
Arizona State University MBA Ranking 2027
ASU publishes programme and specialty rankings for W. P. Carey MBA routes, so a ranking section is justified. These rankings signal market visibility, but they do not replace admission fit or salary evidence.
MBA ranking scope: The table includes only MBA programme or MBA-specialty rankings from ASU published sources. Overall university rankings are excluded from this section.
| Ranking source | Published position | Scope | Applicant meaning |
|---|---|---|---|
| U.S. News & World Report, 2026 | Rank 12 | Full-time MBA programmes among public universities | Useful for public MBA visibility in the U.S. market |
| Poets&Quants | Rank 10 | Full-time MBA in the U.S. among public universities | Supports the public-school MBA brand signal |
| The Princeton Review | Rank 1 | Best MBA for operations | Relevant for applicants targeting operations or supply chain roles |
| U.S. News & World Report | Rank 8 | MBA supply chain and logistics specialty | Relevant when choosing the supply chain management concentration |
| Poets&Quants | Rank 5 in the U.S. and Rank 8 worldwide | MBA for entrepreneurship | Relevant for founders or venture-oriented applicants |
The strongest rankings align with operations, supply chain, entrepreneurship and the public-university MBA category. Applicants seeking investment banking or India-return family business outcomes should weigh salary evidence and concentration fit more heavily.
Also Check: Arizona State University rankings
Key insight: ASU has credible MBA ranking signals, especially in operations and entrepreneurship. Use them to support fit, not to assume admission, funding or employment outcomes.
Arizona State University MBA suits Indian applicants who want a campus, STEM-designated MBA with analytics, leadership coaching and a required internship. The main tradeoff is cost, because the planning budget reaches US$190,537 (INR 1.83 Crore) before scholarship revision. Applicants with strong tests, leadership evidence and a clear concentration plan should apply early, then use the written award and career geography to decide.
Arizona State University MBA FAQs
Ques. Is the Arizona State University MBA worth it for Indian students?
Ans. It can be worth it when scholarship funding reduces the US$190,537 (INR 1.83 Crore) planning budget. The ASU Class of 2025 average base salary was US$121,116 (INR 1.16 Crore), but tax and location affect repayment.
Ques. Which ASU MBA round should international applicants target?
Ans. Round III on 1 February 2027 is the published Priority International deadline. Round I on 15 October 2026 is better when the applicant wants early scholarship review and a longer visa runway.
Ques. Does ASU require GMAT or GRE for the Full-time MBA?
Ans. Yes, ASU says test scores are required for admission, although waiver requests are possible through the optional essay. The Fall 2025 class averaged GMAT 690 and GRE 314.
Ques. How much does the ASU MBA cost for international students?
Ans. ASU lists international estimated tuition and fees at US$130,000 (INR 1.25 Crore). A 21-month planning budget with living costs, application fee and matriculation fee is US$190,537 (INR 1.83 Crore).
Ques. Can ASU MBA graduates work in the USA after graduation?
Ans. The Full-time MBA is STEM-designated, so eligible F-1 graduates may seek 12 months of Optional Practical Training plus a 24-month STEM extension. Employer participation and timely filing still control the route.
Important Alert
- Fall 2027 Round I application deadline - Oct 15, 2026
Tuition Fees
| One time fees | 1st Year Fees |
|---|---|
| Tuition Fees | $119000 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| On-campus housing and meals | $21087 |
| Travel | $3696 |
Tuition fee per Credit: $1,916
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $40452 |
Important Dates
| Event | Application Date |
|---|---|
| Fall 2027 Round I application deadline | Oct 15, 2026 |
| Fall 2027 Round II application deadline | Dec 1, 2026 |
| Fall 2027 Round III (Priority International) application deadline | Feb 1, 2027 |
| Fall 2027 Round IV (Final) application deadline | Apr 1, 2027 |
Scores Required
Required Document List
- Graduate online application and application fee
- Official academic transcripts, with certified English translations when needed
- Current resume
- Two letters of recommendation and recommender contact information
- Responses to admission-essay or short-answer prompts
- Official GMAT or GRE result unless a test waiver is approved
- Official English proficiency result or approved exemption evidence
- Admissions interview by invitation


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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| W. P. Carey Merit Scholarship | Need-Based | academic performance, leadership activities, community involvement, and future goals |
| The Smithsonian Institution Fellowship Program (SIFP) | $8,000/10 weeks | Open to both U.S. citizens and non-U.S. citizens. Dissertation Fellowship applicants must be entering their dissertation year |
| Fulbright Foreign Student Program at ASU | Varies (include tuition, health insurance and monthly stipends_ | Merit-based scholarship for outstanding international students accepted into ASU |
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Programs Comparison
| ranking | # 83 for Business by QS World University 2025 # 91 for Business by Times Higher Education 2025 # 53 for Business by Financial Times 2024 | # 151 for Business by QS World University 2026 # 66 for Business by US News 2025 # 176 for Business by Times Higher Education 2025 | # 122 for Business by US News 2025 | # 151 for Business by QS World University 2025 # 501 for Business by Times Higher Education 2025 |
| exam scores | Duolingo - 105/160IELTS - 6.5/9PTE - 60/90TOEFL - 4/6 | IELTS - 7/9TOEFL - 100/120 | Duolingo - 95/160IELTS - 6/9TOEFL - 70/120 | Duolingo - 120/160IELTS - 6.5/9PTE - 58/90TOEFL - 4.5/6 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Oct 15, 2026 (Fall 2027 Round I application deadline) Dec 1, 2026 (Fall 2027 Round II application deadline) Feb 1, 2027 (Fall 2027 Round III (Priority International) application deadline) Apr 1, 2027 (Fall 2027 Round IV (Final) application deadline) | Oct 20, 2026 (Round 1 Application Deadline for Summer 2027 Intake) Dec 15, 2026 (Round 2 Application Deadline for Summer 2027 Intake) Feb 15, 2027 (Round 3 Application Deadline for Summer 2027 Intake) | Feb 15, 2026 (Application Deadline For Summer Intake) Apr 1, 2026 (Final Application Deadline For Summer Intake) Jul 15, 2026 (Application Deadline For Summer Intake) | May 1, 2026 (Application Deadline for Fall 2027 Intake) |
| application | - | - | - | - |
| cost to study | Total Cost (Tuition + Living) -USD 65541 | - | Total Cost (Tuition + Living) -USD 53365 | - |
| - | Read Full Comparison | Read Full Comparison | Read Full Comparison |
College Student Profiles
Options Available
| Program | Delivery Type | Duration | Program Type | Tuition Fees |
| M.B.A Business Analytics | full time | 21 months | on-campus | $119000 |
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Comindware Scholarship | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 20,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student$ 10,000/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,000/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |

















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