About MBA in India ?

Posted by chintan

December 6, 2007

As much as higher education is anxious, the educational scenario has changed dramatically in India in the last decade. In the discuss of an MBA in India versus abroad, as a student currently pursuing my MBA in India, I believe that an Indian MBA scores over an international MBA on several counts.

The main benefit is the price. An MBA from any good B-school in the US or UK costs anywhere between Rs 25 to 50 lakes, whereas Indian MBA schools charge ten per cent of the same amount. Secondly, when living abroad, you expend far more than you would inside India, and as a result need to work there for at least a a small number of years in the direction of recover the amount. This severely hampers your scene of returning to India after the completion of the degree.

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

There has also been a stable increase in the number of tie-ups between Indian and foreign 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, and Welingkar College with Temple University, the Institute of Management and Technology with Farleigh Dickinson University, Great Lakes and Yale University. Thus, with more and more prime minister international education its way to Indian shores, one can experience the reimbursement a international education and a lesser cost.

Also, Indian MBA courses have been expanding and growing considerably in fresh years. MBA graduates on or after Indian B-schools have proved their mettle in the global working environment and are offered top positions in several organizations. Bearing in mind the purchasing power parity, initial expenditure (cost of the programme), initial placements, and swelling in salary as inputs in decision, MNCs do not have to think two times before coming to India in search of middle and senior management talent.

In all Indian B-school, participants with two to five years of IT industry experience always fill a certain proportion of the batch. These students often have international exposure. Their multicultural experience adds worth to the whole batch and programme as a whole. in addition to a certain extent, it compensates for the wealthy diverse cultural experience that is associated with a US or UK MBA. Finally, Indian B-Schools are more unlock to non-experienced candidates than international B-Schools, and thus prove to be alive helpful toward most people. Hence, keeping in mind today’s scenario, I believe that an Indian MBA is the way to go.

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