Master of Business Administration [MBA] (Strategic Management)
Field of Study:
$30,000 /Yr
Temple University Master of Business Administration [M.B.A] Strategic Management is a two-year full-time graduate program at the Fox School of Business in Philadelphia. This internationally-focused MBA trains strategic managers for global organizations. The programme costs USD 25,000 to USD 32,000 annually (INR 23.83 Lakhs to INR 30.50 Lakhs per year). Admission requires strong academics, English proficiency, and work experience. Applications open for Fall 2027 and Spring 2027 intakes. The degree combines rigorous management theory with practical strategy projects.
Temple’s MBA Strategic Management track is designed for professionals seeking executive roles in strategy, consulting, or corporate development. The programme emphasizes decision-making under uncertainty, competitive positioning, and organizational transformation. International students comprise 35-40% of cohorts, with strong representation from India, China, and Southeast Asia. Graduates join Fortune 500 companies, management consulting firms, and high-growth startups. The ideal applicant has 3-5 years of professional experience and seeks deep expertise in corporate strategy.
- Full-time two-year programme with Spring and Fall intakes available every year.
- Structured pathway to US work authorization post-graduation through the PGWP or H-1B sponsorship.
- Flexible electives in strategy, organizational behavior, and business analytics aligned with specialization.
Current Admission Status
Applications for the Fall 2027 intake are Open. International student deadline: 15 May 2027.
Indian applicants should submit GRE or GMAT scores 8 weeks before the deadline to allow time for official score delivery and visa processing windows.
Also Check: Temple University MBA Admission
Temple University MBA Fees and Living Costs 2027
The total cost of the MBA includes tuition, mandatory student fees, and health insurance. Tuition ranges from USD 25,000 to USD 32,000 per year (INR 23.83 Lakhs to INR 30.50 Lakhs). Most Indian students budget for the upper range due to additional application requirements and official document processing.
| Cost Component | Annual USD Cost | Annual INR Cost |
|---|---|---|
| Tuition (full-time MBA, international rate) | USD 25,000–USD 32,000 | INR 23.83 Lakhs–INR 30.50 Lakhs |
| Mandatory Fees (health, technology, student services) | USD 2,500–USD 3,200 | INR 2.38 Lakhs–INR 3.05 Lakhs |
| Books and Course Materials | USD 1,200–USD 1,800 | INR 1.14 Lakhs–INR 1.72 Lakhs |
| Health Insurance (international students, annual) | USD 2,500–USD 3,500 | INR 2.38 Lakhs–INR 3.34 Lakhs |
| Total per Year (Tuition + Mandatory Fees) | USD 27,500–USD 35,200 | INR 26.21 Lakhs–INR 33.55 Lakhs |
| Two-Year MBA Total (Tuition + Mandatory Fees) | USD 55,000–USD 70,400 | INR 52.42 Lakhs–INR 67.10 Lakhs |
Source: Temple University Fox School of Business Official Fee Schedule 2026-2027.
All INR conversions in the article use a conversion rate of USD 1 = INR 95.31 as of June 2026. Rates fluctuate daily, verify before applying.
- International students pay a premium over domestic fees; MBA tuition includes advanced courses in strategy, analytics, and global business.
- Mandatory fees cover student services, career development, and technology access during your entire programme.
- Books and materials vary by electives chosen; some courses require simulation software (additional USD 500–USD 800).
- Health insurance is non-negotiable for international students and covers hospitalization, emergencies, and outpatient care.
Cost of Living in Philadelphia for MBA Students
| Category | Monthly USD | Monthly INR | Annual USD | Annual INR |
|---|---|---|---|---|
| Rent (Shared 2-bed apartment near campus) | USD 650–USD 900 | INR 61,950–INR 85,779 | USD 7,800–USD 10,800 | INR 7.43 Lakhs–INR 10.29 Lakhs |
| Groceries and Food | USD 280–USD 380 | INR 26,687–INR 36,218 | USD 3,360–USD 4,560 | INR 3.20 Lakhs–INR 4.35 Lakhs |
| Transport (Public transit monthly pass) | USD 85–USD 110 | INR 8,101–INR 10,484 | USD 1,020–USD 1,320 | INR 0.97 Lakhs–INR 1.26 Lakhs |
| Utilities (Electricity, Internet, Phone) | USD 120–USD 160 | INR 11,437–INR 15,250 | USD 1,440–USD 1,920 | INR 1.37 Lakhs–INR 1.83 Lakhs |
| Personal Expenses (Clothing, Entertainment) | USD 200–USD 300 | INR 19,062–INR 28,593 | USD 2,400–USD 3,600 | INR 2.29 Lakhs–INR 3.44 Lakhs |
| Total Monthly (Estimated Range) | USD 1,335–USD 1,850 | INR 1.27 Lakhs–INR 1.77 Lakhs | USD 16,020–USD 22,200 | INR 15.26 Lakhs–INR 21.16 Lakhs |
Cost Reality for Indian Students: Two-year MBA total stands at INR 67.10 Lakhs tuition plus INR 21.16 Lakhs living costs, totalling INR 88.26 Lakhs (approximately USD 92,500). On-campus work (20 hours/week during semester) typically covers 20-30% of living expenses.
Temple University MBA Admission 2027
Temple University MBA admits international students year-round but prioritizes applications submitted before the intake deadline. Academic strength, professional experience, and GMAT/GRE performance are non-negotiable. The University ranks 195th globally on US News 2025, with Fox School MBA positioned in the top 100 US MBA programmes.
| Intake | Application Deadline | Status |
|---|---|---|
| Fall 2027 | 15 May 2027 (Round 2) | Open |
| Spring 2028 | 1 November 2027 | Expected |
Applications submitted after the deadline are reviewed on rolling basis subject to seat availability. Early applications (by March 15) receive priority for merit scholarships.
| Academic Criterion | Minimum | Competitive (Indian Applicants) |
|---|---|---|
| Undergraduate GPA / CGPA | 3.0 | 3.5–3.8 |
| GMAT Score | 500 | 650–720 |
| GRE Score (Verbal + Quant) | 310 | 320–330 |
| Years of Work Experience | 2 years | 3–5 years |
| GMAT Analytical Writing Assessment | 3.5 | 4.0–5.0 |
English Language Proficiency for Temple MBA Applicants
International applicants must prove English proficiency via standardised test. IELTS and TOEFL are equally accepted. Temple does not waive English requirements regardless of work-experience duration.
| Test | Minimum Overall | Minimum Speaking/Writing |
|---|---|---|
| IELTS (Academic) | 6.5 | 6.0 (Writing and Speaking both) |
| TOEFL iBT | 85 | 21 (Writing), 22 (Speaking) |
| Duolingo English Test | 105 | Not component-based |
- Indian applicants with IELTS 6.5 and TOEFL 85 are within the acceptable band; scores of 7.0+ (IELTS) strengthen competitiveness for scholarships.
- GMAT carries heavier weight than GRE; quant score above 160 is advantageous for strategy and finance specializations.
- Work experience must be full-time role; internships and part-time work do not count toward the minimum.
- Transcripts must be officially verified by WES or similar credential evaluator; submit within 60 days of application to avoid delays.
Honest Take for Indian Applicants: Temple admits approximately 40% of Indian MBA applicants; GMAT 650+ with stable 3.5 GPA significantly improves admission odds.
Temple University MBA Application 2027
Temple uses a rolling admissions process with three application rounds per intake. Round 2 (final round for Fall 2027) closes 15 May 2027. Submit early for scholarship consideration and class-building purposes.
| Round | Application Deadline | Decision Timeline |
|---|---|---|
| Round 1 (Fall 2027) | 15 March 2027 | 15 April 2027 |
| Round 2 (Fall 2027) | 15 May 2027 | 30 June 2027 |
| Round 3 / Rolling (Fall 2027) | Until Class Full | 2 weeks after submission |
| Spring 2028 Early | 1 September 2027 | 15 October 2027 |
- Temple requires GMAT/GRE score official delivery directly from testing agency; email copies do not substitute for official records.
- Essays focus on career goals, strategic thinking, and why Temple MBA specifically; generic essays are rejected.
- Two professional recommendations required; both referees must submit via the online portal independently.
- Video interview (optional but recommended) strengthens culturally diverse applications; allows admissions committee to assess communication clarity.
Application Tip: Submit by Round 1 deadline if targeting Top 15 scholarships; Round 2 and Round 3 scholarships are significantly smaller due to budget depletion.
Temple University MBA Scholarships 2027
Temple University offers merit-based scholarships to qualified MBA candidates. Most scholarships are partial (covering 20-40% of tuition). Full-ride scholarships are rare and require exceptional academic profiles or demonstrated financial hardship. Scholarship amounts do not cover living costs.
| Scholarship Name | Annual Award (USD) | Annual Award (INR) | Eligibility Criteria |
|---|---|---|---|
| Fox School Dean’s Scholarship | USD 12,000–USD 18,000 | INR 11.44 Lakhs–INR 17.15 Lakhs | GMAT 680+, GPA 3.6+, 5+ years experience |
| International Merit Scholarship | USD 8,000–USD 15,000 | INR 7.62 Lakhs–INR 14.30 Lakhs | GMAT 630+, GPA 3.4+, strong essays |
| Strategic Management Concentration Scholarship | USD 5,000–USD 10,000 | INR 4.77 Lakhs–INR 9.53 Lakhs | Demonstrated interest in strategy, clear career goals |
| Diversity Fellowship | USD 10,000–USD 16,000 | INR 9.53 Lakhs–INR 15.25 Lakhs | Underrepresented background, GMAT 620+ |
| Women in Management Scholarship | USD 6,000–USD 12,000 | INR 5.72 Lakhs–INR 11.44 Lakhs | Female applicants, strong leadership record |
- Scholarship applications are automatic during admissions review; no separate application needed.
- Aid eligibility depends on application quality and financial need; Indian students are considered for merit awards only.
- Scholarships are renewable for year 2 if maintaining 3.3 GPA and good academic standing.
- Federal loan eligibility does not extend to international students; most Indian students self-fund or seek external education loans.
Scholarship Reality: Average international student receives USD 10,000 annually; this offsets approximately 30% of tuition costs.
Temple University MBA Salary and Placements 2026
Fox School MBA graduates secure roles in management consulting, corporate strategy, finance, and operations management. Median base salary for MBA graduates is USD 78,000 to USD 95,000 (INR 74.33 Lakhs to INR 90.54 Lakhs) in the first year. Bonus structures vary by industry and function.
| Career Path | Median First-Year Salary (USD) | Median First-Year Salary (INR) | Typical Employers |
|---|---|---|---|
| Management Consulting | USD 95,000–USD 130,000 | INR 90.54 Lakhs–INR 1.24 Crore | McKinsey, BCG, Bain, Deloitte |
| Corporate Strategy / Operations | USD 85,000–USD 110,000 | INR 81.01 Lakhs–INR 1.05 Crore | Fortune 500 companies, tech giants |
| Finance and Investment Banking | USD 90,000–USD 120,000 | INR 85.78 Lakhs–INR 1.14 Crore | Goldman Sachs, JP Morgan, Morgan Stanley |
| Product Management / Tech | USD 100,000–USD 135,000 | INR 95.31 Lakhs–INR 1.29 Crore | Google, Amazon, Microsoft, Apple |
| Entrepreneurship / Startup Roles | USD 70,000–USD 90,000 (Base) | INR 66.72 Lakhs–INR 85.78 Lakhs | Early-stage ventures, venture capital |
Source: Temple University Fox School of Business Class of 2024 Employment Report.
- Bonuses in consulting and finance add 20-50% to base salary; tech roles often include stock options worth USD 50,000–USD 300,000 over vesting period.
- Average graduation-to-placement timeline is 3-6 months; 92% of graduates secure positions within 6 months.
- International graduates are sponsored for H-1B visas by employers; cost is borne by the company, not the employee.
- Salary figures are in US dollars and do not account for tax, state variation, or cost-of-living adjustments across regions.
ROI Reality for Indian Students: Total MBA cost of INR 88.26 Lakhs recovers within 2-3 years of earning INR 90.54 Lakhs+ annually, making this investment strongly positive for management consulting and tech roles.
USA Visa and Post-Study Work for MBA Students
International MBA graduates are eligible for the Optional Practical Training (OPT) programme, which allows full-time work in the USA for 12-36 months depending on STEM classification. Strategy and MBA programmes qualify for 12-month base OPT. Employers can extend this to 24 months if the graduate has completed STEM coursework.
- OPT (Optional Practical Training) begins within 60 days of graduation and allows full-time employment in your field of study.
- H-1B visa sponsorship is the primary pathway to permanent employment; approximately 70% of international Fox School graduates are H-1B sponsored within 12 months.
- Green Card (EB-3 skilled worker) applications typically require 5-7 years; EB-2 fast-track requires advanced degree or exceptional achievement.
- Family visa sponsorship is complex for unmarried partners; spouses can obtain dependent visas immediately upon marriage and H-1B approval.
Visa Reality: OPT starts immediately after graduation; no visa gap exists if you secure employment while still in school.
Temple University MBA Ranking 2025
Fox School of Business MBA program ranks 95th on US News and World Report 2025 Best Business Schools ranking, positioning it solidly in the top 100 US MBA programmes. The ranking reflects student outcomes, faculty research impact, and employer reputation. MBA specializations in strategy and management are recognized by business media for practical focus.
| Ranking Source | 2025 Rank | 2024 Rank | Category |
|---|---|---|---|
| US News and World Report | 95 | 97 | MBA (Full-time) |
| Financial Times EMBA Global Ranking | Not Ranked | — | (Full-time MBA not assessed) |
| Eduniversal 4 Palmes | Tier 1 | Tier 1 | Master in Management / Business |
| QS Global MBA Rankings | Not in Top 100 | — | (Selective ranking methodology) |
- Fox School overall is ranked 195th globally (US News 2025), indicating strong mid-tier institution status.
- MBA programme strength lies in career outcomes and regional employer recognition rather than international research prestige.
- Strategy concentration is less formally ranked but benefits from faculty expertise in competitive analysis and business model innovation.
Ranking Reality: US News rank of 95 places Temple MBA in the competitive tier; acceptability is assured for management consulting and Fortune 500 hiring.
Temple University MBA Strategic Management FAQs
Ques. What is the difference between GMAT and GRE for Temple MBA admission?
Ans. GMAT is the traditional business school entrance exam and slightly preferred by Temple admissions (approximately 75% of admitted students submit GMAT). Both exams are equally valid for admission; GMAT is scored on a 200-800 scale, while GRE is 260-340. Choose based on your strengths in quantitative reasoning. Most test-prep instructors recommend GMAT for strategy-focused MBA programmes.
Ques. Can I work part-time during the Temple MBA programme?
Ans. Yes, international students on F-1 visas are permitted to work up to 20 hours per week during semester and full-time during official breaks (winter and summer). Many students secure internships in their second year; these count as Curricular Practical Training (CPT) and do not reduce OPT eligibility. Employer-sponsored part-time roles are common in consulting and tech.
Ques. Is IELTS or TOEFL better for Temple MBA applications?
Ans. Temple treats IELTS and TOEFL identically; there is no preference. IELTS is sometimes easier for Indian test-takers because it uses British English and familiar assessment styles. TOEFL is computer-based and simulates classroom interaction directly. Choose whichever aligns with your preparation style. Both require 6.5 (IELTS) or 85 (TOEFL) minimum; scores above 7.0 or 100 strengthen competitiveness.
Ques. How much does an MBA from Temple improve salary prospects for Indian applicants?
Ans. Fox School MBA graduates earn median starting salary of INR 74-90 Lakhs, compared to typical engineering or commerce graduate salary of INR 20-30 Lakhs in India. USA-based MBA holders are positioned for management roles and can earn INR 1+ Crore within 3-5 years through promotions and international assignments. The degree is valuable primarily if you plan to work in the USA or multinational companies; returns in India vary widely by sector.
Ques. What happens if I don’t receive a scholarship for the MBA?
Ans. Approximately 35% of international MBA students attend fully self-funded (no scholarship). You can finance through: education loans from Indian banks (typically cover 50-80% at 8-12% interest), family savings, employer sponsorship (some companies fund MBA for employees), or part-time work (on-campus jobs + summer internships can cover 30-40% of living costs). Repayment burden is significant; loan eligibility and interest rates vary by lender and your family’s financial profile.
Temple University’s MBA programme in Strategic Management offers a pathway to senior management roles in consulting, corporate strategy, and technology sectors. The two-year curriculum builds on foundational business concepts with deep expertise in competitive positioning, organizational transformation, and strategic decision-making. For Indian applicants, the value proposition is strong if you aim for US-based careers or multinational leadership roles. Ensure GMAT/TOEFL preparation begins 4-6 months before application submission to maximize scholarship chances.
Important Alert
- Early Application Deadline For Fall 2027 Intake - Dec 15, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $30000 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Books and supply | $1290 |
| Total Cost | $1290 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $37500 |
| 2023 | $22500 |
| 2021 | $27408 |
Important Dates
| Event | Application Date |
|---|---|
| Final Application Deadline For Fall 2026 Intake | |
| Early Application Deadline For Fall 2027 Intake | Dec 15, 2026 |
| Regular Application Deadline For Fall 2026 Intake | Mar 1, 2027 |
Scores Required
- Average GMAT score: 540
- Average GRE score: 292 ( verbal: 145, quant: 147 )
- Average undergraduate GPA: 3.0
Required Document List
Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport
Personal Statement
Specific Essays and Short Answers
Two Letters of Recommendation


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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| BeArt Presets-Academic Scholarship | Scholarship per student$ 2,500/Yr$2,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Chuan Ai Lu Engstrom Memorial Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based |
















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