MBA in Philippines

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MBA ( Finance )

Course Level: Master's
Course Duration: 6 Years
Total Course Fee: $ 25685(₹ 25685)
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Why Study MBA (Master of Business Administration) in Philippines

1. Diverse Business Environment: The Philippines has a diverse and dynamic business environment that provides students with exposure to various industries, including finance, manufacturing, technology, services, and more. This diversity offers valuable insights and learning opportunities for MBA students.

2. Economic Growth: The Philippines has experienced steady economic growth in recent years, contributing to job opportunities and a demand for skilled business professionals who can drive innovation and growth.

3. Networking Opportunities: Studying for an MBA in the Philippines allows you to build a professional network that includes fellow students, faculty members, alumni, and industry professionals. Networking can be valuable for future career prospects.

4. Cultural Exposure: The Philippines is known for its rich cultural heritage and diversity. Studying there allows you to experience a unique cultural environment that can broaden your perspective and enhance your cultural intelligence.

5. English-Medium Instruction: English is one of the official languages in the Philippines, and most MBA programs are conducted in English. This makes it an ideal destination for international students seeking to study in a language widely used in the business world.

6. Affordability: The cost of living and tuition fees in the Philippines are often more affordable compared to Western countries, making it a cost-effective option for pursuing an MBA.

7. Industry Collaboration: Many MBA programs in the Philippines collaborate with local businesses, offering students opportunities for internships, real-world projects, and exposure to industry trends and practices.

8. Career Opportunities: Completing an MBA in the Philippines can enhance your career prospects, providing you with valuable skills, knowledge, and credentials that are attractive to employers.

9. Global Outlook: The Philippines' business landscape is influenced by both local and global factors. Studying there can help you understand the nuances of conducting business in an interconnected world.

10. Entrepreneurship and Innovation: The Philippines has a growing startup ecosystem and an increasing emphasis on entrepreneurship and innovation. An MBA program can equip you with the skills to navigate these areas effectively.

11. Faculty Expertise: Many MBA programs in the Philippines have experienced faculty members with diverse backgrounds, providing insights and guidance in various business disciplines.


MBA (Master of Business Administration) Specializations in Philippines

Specialization

Example Universities

Course Duration

Marketing

University of the Philippines Diliman

1.5 to 2 years

Finance

Ateneo de Manila University

1.5 to 2 years

Human Resource Management

De La Salle University

1.5 to 2 years

Entrepreneurship

University of Santo Tomas

1.5 to 2 years

Operations Management

Asian Institute of Management

1.5 to 2 years


Admission Intake for MBA (Master of Business Administration) in Philippines

1. First Semester Intake (June/July): The first semester usually starts around June or July. The admission application period for this intake often occurs in the months leading up to the start of the semester. Application deadlines can vary but are commonly between January and April.

2. Second Semester Intake (November/December): Some universities might offer a second semester intake starting around November or December. The application period for this intake generally falls between July and September.


Top 10 Universities in Philippines for MBA (Master of Business Administration)

University

Common Specializations

University of the Philippines Diliman

Marketing, Finance, Operations

Ateneo de Manila University

Finance, Marketing, Management

De La Salle University

Human Resource Management, Marketing

University of Santo Tomas

Entrepreneurship, Marketing, Strategic Management

Asian Institute of Management

Strategy, Leadership, Operations

University of Asia and the Pacific

Marketing, Financial Management, Entrepreneurship

University of San Carlos

Management, Marketing, Finance

Far Eastern University

Marketing, Operations, Finance

Polytechnic University of the Philippines

Human Resource Management, Marketing

National University

Finance, Marketing, Management


Tuition Fees for MBA (Master of Business Administration) in Philippines

1. Public Universities: Public universities in the Philippines often have lower tuition fees for Filipino citizens. Tuition fees can range from around PHP 40,000 to PHP 100,000 or more per year, depending on the university and program.

2. Private Universities: Private universities typically have higher tuition fees compared to public institutions. Tuition fees at private universities for Filipino students can range from PHP 80,000 to PHP 300,000 or more per year.

3. International Students: Tuition fees for international students pursuing an MBA in the Philippines are generally higher than those for local students. Fees can range from approximately USD 4,000 to USD 12,000 or more per year, depending on the university and program.


Cost of Studying MBA (Master of Business Administration) in Philippines

Expense Category

Estimated Annual Cost Range (USD)

Tuition Fees

USD 4,000 - USD 12,000 (International)

Accommodation

USD 1,200 - USD 3,600

Food

USD 1,200 - USD 2,400

Transportation

USD 300 - USD 600

Books and Supplies

USD 200 - USD 400

Health Insurance

USD 300 - USD 600

Miscellaneous

USD 1,000 - USD 2,000

Total

USD 8,200 - USD 21,200


Eligibility for doing MBA (Master of Business Administration) in Philippines

1. Bachelor's Degree: Applicants typically need to have completed a bachelor's degree from a recognized institution. The degree can be in any field, although some business schools might prefer candidates with a background in business, economics, or a related field.

2. Work Experience (Optional): While not always mandatory, many MBA programs prefer candidates with some work experience, especially for executive MBA programs. Work experience helps bring practical insights to classroom discussions.

3. Transcripts: Official transcripts from your bachelor's degree program, demonstrating your academic performance and courses taken during your undergraduate studies.

4. Letters of Recommendation: Some MBA programs require applicants to submit letters of recommendation from professors, employers, or professionals who can speak to their qualifications and potential for success in the program.

5. Resume or CV: A detailed resume or curriculum vitae (CV) that outlines your educational background, work experience, skills, and any relevant accomplishments.

6. Personal Statement or Statement of Purpose: A personal statement or statement of purpose that explains your reasons for pursuing an MBA, your career goals, and how the program aligns with your aspirations.

7. English Language Proficiency: Since English is often the language of instruction, international students might need to demonstrate English language proficiency through standardized tests like IELTS or TOEFL. Some universities may have their own language proficiency tests.

8. Entrance Exam (Possibly): Some business schools might require applicants to take an entrance exam as part of the admission process. The GMAT (Graduate Management Admission Test) is a commonly accepted exam for MBA programs.

9. Interview (Possibly): Some MBA programs may require applicants to participate in an interview as part of the selection process. The interview assesses your communication skills, fit with the program, and potential contributions.


Documents Required for MBA (Master of Business Administration) in Philippines

1. Completed Application Form: The application form provided by the university or business school. Make sure to fill it out accurately and completely.

2. Bachelor's Degree Certificate: A copy of your bachelor's degree certificate from a recognized institution. This demonstrates that you meet the educational prerequisite for the MBA program.

3. Transcripts: Official transcripts from your bachelor's degree program, showing your academic performance and the courses you completed during your undergraduate studies.

4. Letters of Recommendation: Some MBA programs require two or more letters of recommendation. These letters should be from individuals who can speak to your qualifications, skills, and potential for success in the program. Recommenders could be professors, employers, or professionals you have worked closely with.

5. Resume or Curriculum Vitae (CV): A detailed resume or CV that outlines your educational background, work experience, skills, achievements, and any relevant extracurricular activities.

6. Personal Statement or Statement of Purpose: A written statement that explains your motivations for pursuing an MBA, your career goals, and how the program aligns with your aspirations.

7. English Language Proficiency Scores: If English is not your first language, you may need to provide scores from standardized English language proficiency tests like IELTS or TOEFL. Some universities may have their own language proficiency tests.

8. Entrance Exam Scores (if applicable): If the business school requires an entrance exam, such as the GMAT (Graduate Management Admission Test), you will need to provide your test scores.

9. Interview (Possibly): Some MBA programs may require you to participate in an interview as part of the selection process. Interviews assess your communication skills and suitability for the program.

10. Photographs: Passport-sized photographs as per the specifications provided by the business school.

11. Passport and Visa: International students should have a valid passport and be prepared to apply for a student visa to study in the Philippines.

12. Application Fee: Be prepared to pay an application fee, which can vary between institutions.


Scholarships for MBA (Master of Business Administration) in Philippines

1. University Scholarships: Many universities in the Philippines offer scholarships and financial aid to both local and international students. These scholarships are often based on academic merit, leadership potential, and other criteria. Check the official websites of the universities you're interested in for information on available scholarships.

2. Government Scholarships: Some government agencies in the Philippines may offer scholarships or financial assistance for graduate studies, including MBA programs. These opportunities might be available for both local and international students.

3. Corporate Sponsorships: Some companies and organizations might sponsor employees to pursue an MBA, especially if the program aligns with their career development plans. These sponsorships could cover some or all of the tuition fees.

4. Professional Associations: Industry-related associations or chambers of commerce may offer scholarships or grants to students pursuing advanced business degrees. These opportunities can be particularly relevant if your MBA specialization aligns with the association's focus.

5. International Organizations: Some international organizations or foundations may provide scholarships for students pursuing graduate education, including MBA programs, in the Philippines.

6. Private Foundations: Philanthropic organizations and private foundations might have scholarship programs for graduate students, including those studying business administration.

7. Loan Programs: While not scholarships in the traditional sense, loan programs offered by financial institutions might provide funding options for pursuing an MBA. Be sure to research the terms and conditions of any loan program you consider.


Jobs and Salary after MBA (Master of Business Administration) in Philippines

1. Business Manager/Executive: MBA graduates often take on managerial roles in various departments such as operations, marketing, finance, or human resources.

Salary Range: Entry-level positions can start around PHP 40,000 to PHP 60,000 per month, with higher salaries for experienced managers.

2. Marketing Manager: MBA graduates with a specialization in marketing can work as marketing managers, overseeing marketing campaigns, strategies, and teams.

Salary Range: Depending on experience and company size, salaries can range from PHP 50,000 to PHP 80,000 or more per month.

3. Finance Manager: MBA graduates with a finance specialization can work as finance managers, responsible for financial planning, analysis, and management.

Salary Range: Salaries can range from PHP 60,000 to PHP 100,000 or more per month.

4. Human Resources Manager: MBA graduates with a human resource management specialization can work as HR managers, overseeing recruitment, employee relations, and organizational development.

Salary Range: Depending on the organization and experience, salaries can range from PHP 50,000 to PHP 80,000 or more per month.

5. Consultant: MBA graduates can work as management consultants, providing expertise to businesses in areas such as strategy, process improvement, and operations.

Salary Range: Salaries for consultants can vary widely based on the consulting firm, experience, and project involvement. It can range from PHP 40,000 to PHP 100,000 or more per month.

6. Entrepreneur/Business Owner: Some MBA graduates choose to start their own businesses or ventures.

Income: Earnings can vary greatly and depend on the success and growth of the business.

7. Project Manager: MBA graduates with strong organizational and leadership skills can work as project managers, overseeing and coordinating projects across various industries.

Salary Range: Depending on the industry and project complexity, salaries can range from PHP 50,000 to PHP 80,000 or more per month.