Arizona State University MBA Business Administration 2026:Admission,Fees,Scholarship and Placement

Arizona State University MBA Business Administration 2026:Admission,Fees,Scholarship and Placement

Tempe, ArizonaLocation
UniversitySchool type
Estd1885established year
64000enrollment
Public
Partner [16 Courses]
7.7/10

Master of Business Administration [MBA]

21 months
Full Time
On Campus
College Partner

Field of Study: 

Ranked #83 out of 650 by QS Global Ranking 2025

$119,000 /Yr

2 Students Applied
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Study Abroad Team

Updated on - Sep 26, 2026

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 itemPublished amountINR equivalentApplicant timing
International estimated tuition and feesUS$130,000INR 1.25 CroreMinimum estimated total programme cost
International application feeUS$115INR 11,019Paid before ASU processes the application
Enrollment depositUS$1,000INR 95,817Due after admission and credited to first semester charges
Matriculation feeUS$500INR 47,908Due 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.

ExpenseMonthly (USD)Monthly (INR)Annual (USD)Annual (INR)
On-campus housing and mealsUS$1,757.25INR 1.68 LakhsUS$21,087INR 20.20 Lakhs
Books, materials, supplies and equipmentUS$159INR 15,235US$1,908INR 1.83 Lakhs
TravelUS$308INR 29,511US$3,696INR 3.54 Lakhs
Personal expensesUS$398.75INR 38,214US$4,785INR 4.58 Lakhs
Health insuranceUS$230.42INR 22,079US$2,765INR 2.65 Lakhs
Living-cost total, calculatedUS$2,853.42INR 2.73 LakhsUS$34,241INR 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 factorASU published standardIndian applicant meaning
Intake and locationFall start in August at TempePlan for a campus-immersion F-1 route, not an online MBA route
Degree eligibilityBachelor or master degree from a regionally accredited or equivalent institutionThree-year undergraduate degrees may qualify after ASU transcript review
Academic thresholdMinimum cumulative GPA 3.00 on 4.00 in the last 60 semester hours or applicable master degreeUse approximately 60% to 70%, or CGPA 6.0 to 7.0 on 10, only as a planning equivalent
Quantitative readinessStudents must demonstrate strong quantitative ability and communication skillsUse quant grades, test scores and work examples to show readiness for analytics-heavy study
GMAT or GRETest scores are required, with waiver requests possible through the optional essayDo not assume a waiver unless ASU grants it in writing
Application materialsApplication, fee, transcripts, test scores, two recommendations, resume, short answers and English proofPrepare recommendations from supervisors who can discuss leadership and graduate study capacity
InterviewPersonal interview by invitation before an admission offerPrepare 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 routePublished minimum or ruleApplicant action
IELTS AcademicOverall band score at least 6.5Use Academic, Online, UKVI or Indicator formats only
TOEFL iBT before 21 January 2026Minimum score of 80Use the old 0 to 120 scale only for older exams
TOEFL iBT on or after 21 January 2026Minimum score of 4Do not convert between old and new TOEFL scales yourself
PTE AcademicScore of at least 60PTE Academic Online is not accepted by ASU
Duolingo English TestGraduate minimum score of 105Send ASU the official verification link after the result arrives
Medium of instruction routeForm required after application with official English-medium proofRequest 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.

RoundApplication deadlineDecision notificationDeposit dateBest use for Indian applicants
Round I15 October 202611 December 20268 January 2027Best for scholarship priority and early visa planning
Round II1 December 20265 February 202726 February 2027Useful when test scores arrive after October
Round III, Priority International1 February 20279 April 20271 May 2027Main international deadline for F-1 and funding timing
Round IV, Final1 April 20274 June 202725 June 2027Higher timing risk for visa documents and housing
Rolling review after final roundUntil 15 July 2027Within three weeks of completed applicationAfter admissionOnly 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 routePublished value or scopeEligibility routeIndian applicant action
Full-time MBA scholarshipsOver 95% receive scholarship funding, with many receiving 100% tuition coverageConsidered through the Full-time MBA admission processApply in an early round with a complete test, career and leadership file
Full scholarship considerationASU says full scholarships are available to Full-time MBA studentsCompetitive school-level funding decisionDo not subtract it from the budget until the award letter names the value
Graduate assistantshipStipend and professional position, approximately 10 hours weeklyAvailable to any Full-time MBA student who wants placement in a suitable roleAsk how placement affects class schedule, internship search and visa rules
Private education loanTerms, fees, rates and eligibility vary by lenderPossible route for international students without federal loan accessModel 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 measurePublished resultScope
Average base salaryUS$121,116 (INR 1.16 Crore)Course-cohort Full-time MBA outcome
Employed at graduation72%Course-cohort Full-time MBA outcome
Employed 90 days after graduation90%Course-cohort Full-time MBA outcome
Accepted full-time offer within 90 days90%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 regionAverage salaryINR equivalentSample employersTop industries named by ASU
MidwestUS$123,320INR 1.18 CroreKearney, P&G, Amazon and United AirlinesConsumer packaged goods and technology
NortheastUS$124,050INR 1.19 CroreAmazon, BCG and KPMGConsulting and financial services
SouthwestUS$100,351INR 96.15 LakhsDell, Honeywell, Amazon and Northrop GrummanManufacturing and consulting
WestUS$131,569INR 1.26 CroreApplied Materials, Amazon, Mattel, EY and MicrosoftManufacturing 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 sourcePublished positionScopeApplicant meaning
U.S. News & World Report, 2026Rank 12Full-time MBA programmes among public universitiesUseful for public MBA visibility in the U.S. market
Poets&QuantsRank 10Full-time MBA in the U.S. among public universitiesSupports the public-school MBA brand signal
The Princeton ReviewRank 1Best MBA for operationsRelevant for applicants targeting operations or supply chain roles
U.S. News & World ReportRank 8MBA supply chain and logistics specialtyRelevant when choosing the supply chain management concentration
Poets&QuantsRank 5 in the U.S. and Rank 8 worldwideMBA for entrepreneurshipRelevant 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 fees1st Year Fees
Tuition Fees$119000

Other Expenses

HeadAvg Cost Per Year
On-campus housing and meals$21087
Travel$3696

Tuition fee per Credit: $1,916

Previous Year Tuition Fees

Year1st Year Fees
2024$40452

Important Dates

EventApplication 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

6.5 / 9

Avg. Score in

IELTS

4 / 6

Avg. Score in

TOEFL

60 / 90

Avg. Score in

PTE

105 / 160

Avg. Score in

Duolingo

115

Application Fees

60

ECTS Credits


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

Ranking

202520242023202220212020201920182017

QS World University logo
Business 83 out of 650 in Global Ranking
( #38 out of 184 in USA 2025)
( #44 out of 184 in USA 2025)

Times Higher Education logo
Business 91 out of 990 in Global Ranking
( #36 out of 147 in USA 2025)

US News logo
( #21 out of 125 in USA 2025)

Do you think the Rankings are wrong ?  Report Here

TOP Scholarships

Scholarship nameAward amountEligibility
W. P. Carey Merit ScholarshipNeed-Basedacademic performance, leadership activities, community involvement, and future goals
The Smithsonian Institution Fellowship Program (SIFP)$8,000/10 weeksOpen to both U.S. citizens and non-U.S. citizens. Dissertation Fellowship applicants must be entering their dissertation year
Fulbright Foreign Student Program at ASUVaries (include tuition, health insurance and monthly stipends_Merit-based scholarship for outstanding international students accepted into ASU

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 scoresDuolingo - 105/160IELTS - 6.5/9PTE - 60/90TOEFL - 4/6IELTS - 7/9TOEFL - 100/120Duolingo - 95/160IELTS - 6/9TOEFL - 70/120Duolingo - 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 datesOct 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 studyTotal Cost (Tuition + Living) -USD 65541-Total Cost (Tuition + Living) -USD 53365-
-Read Full ComparisonRead Full ComparisonRead Full Comparison



Options Available

ProgramDelivery TypeDurationProgram TypeTuition Fees
M.B.A Business Analyticsfull time21 monthson-campus$119000

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