Which is Better MBA? MBA in India or MBA Abroad

Posted by john

March 20, 2008

Here there are comparison between MBA in India and MBA Abroad. As far as higher education is concerned, the educational situation has changed radically in India in the last decade. In the debate of an MBA in India versus overseas, as a student currently pursuing my MBA in India, I consider that an Indian MBA scores over a global MBA on several counts.

The main benefit is the cost. An MBA from any good B-school in the US or UK costs anywhere between Rs 25 to 50 lakhs, whereas Indian MBA schools charge ten per cent of the same amount. Secondly, when living abroad, you spend far more than you would in India, and as a result need to work there for at least a few years to get well the amount. This severely hampers your view of returning to India after the conclusion of the degree.

On the other hand, a student from a supposed Indian B-school always has the option to work at either place, since all premier B-schools have a major amount of foreign placements taking place each year. Also, India is a lively economy today and corporate the world over value the pool of talent that exists here. In fact, people opt for positions in India to be a part of the growing economy. Lately there has been an increase in the number of NRIs coming back to India. In this flourishing scenario, it makes sense to get your degree from an Indian B-school.

There has also been a stable add to in the number of tie-ups between Indian and distant universities. Some of them comprise the SP Jain Institute of Management and Research with Virginia Tech, the Indian School of Business with the Wharton School-Kellogg School of Management, the Management Development Institute with Cambridge College, Great Lake & Yale, Welingkar College with Temple University, the Institute of Management and Technology with Fairleigh Dickinson University, Great Lakes and Yale University. Thus, with more and more premier international education its way to Indian shores, one can knowledge the advantages an international education and a lesser cost.

Also, Indian MBA courses have been expanding and growing significantly in recent years. MBA graduates from Indian B-schools have established their mettle in the global working environment and are offered top positions in several organizations. Considering the purchasing power parity, first spending (cost of the programme), initial placements, and enlargement in salary as inputs in decision, MNCs do not have to think twice before coming to India in search of middle and senior management talent.

In every Indian B-school, participants with two to five years of IT industry experience always fill a certain percentage of the batch. These students often have international contact. Their multicultural skill adds value to the entire batch and programme as a whole. And to a certain extent, it compensates for the rich diverse educational experience that is associated with a US or UK MBA. Finally, Indian B-Schools are more open to non-experienced candidates than international B-Schools, and thus prove to be advantageous to most people. Hence, keeping in mind today’s scenario, I believe that an Indian MBA is the way to go.

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