Study Abroad
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By Vishesh Chogtu
Discover the world of possibilities: Compare MBA opportunities abroad and in India. Global exposure, costs, and career prospects await!
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Foreign MBA offers global exposure, diverse classmates from various fields, and the chance to analyse problems from different perspectives. Studying abroad enhances cultural awareness, language skills, independence, and decision-making in uncertain situations.
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Indian MBA is less expensive, ranging from INR 7.5 to 25 lakhs. Foreign MBA can cost between INR 67.17 lakhs to 1.04 crore, with higher living expenditures. Consider ROI and choose an MBA college that suits your needs.
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CAT is a popular MBA entrance exam in India, recognized by top business colleges including prestigious IIMs. Foreign MBA aspirants must take GRE and/or GMAT, with flexible exam dates.
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Many Indian B-schools admit students with little or no job experience. Foreign universities, especially in the US, prefer candidates with 2-4 years of work experience. Choose between India or abroad based on your life stage and preference.
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MBA courses abroad take a more realistic approach, with case studies to bridge theory and practice. Many Indian MBA programs still focus on theoretical aspects.
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Indian institutions offer easily available placements compared to universities abroad. Abroad, securing a job matching your degree might be more challenging initially.
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Salary varies based on university, position, skillset, and additional courses completed. Average salary after an MBA from India: INR 23-25 lakhs; Abroad: INR 78 lakhs.
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MBA from a mid-level university abroad is preferable if affordable for higher ROI. Some international universities offer affordable options with better returns on investment.
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Pros of MBA in India include a familiar milieu, job/placement guarantee, cost factor, and varying admission criteria. However, it may offer a lower average salary after MBA and limited course options.
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Pros of MBA Abroad encompass a good average salary after MBA, a plethora of course options, and flexible admission criteria. However, there's no job or placement guarantee, and factors like cost and work experience criteria must be considered.
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Consider exposure, cost, work experience, and course structure while choosing between MBA Abroad and MBA in India. Assess personal preferences and career goals to make an informed decision.
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