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Talking with Respect to MBA.
It depends on where you want to work post MBA.
If you want to work in India do MBA from India.
If you want to work in Europe Union/UK do MBA from Europe/UK.
If you want to work in US/Canada do MBA from US/Canada.
Why I am saying this is, let's say you did your MBA in US and you are now a regional head and if you are applying for a job opening in India (let's say for State head) the interviewer will prefer someone who has worked in Indian Market and not in US market.
Now coming to 2nd Part. MBA degree keeps changing from country to country.
In India most of the colleges (including IIMs) offers PG Diploma (PGDM) and Not MBA.
In European Union and UK MSc. in Management is for Freshers and People with work experience in other fields like IT. Admissions in MBA is given to People having Managerial Work Experience.
In US, I am not sure. But what I have head from my friends is, Engineering for Indians is like MBA for them. Every other person go for Management Studies. So in terms of Job if you are not from Top B-Schools you might not be getting good job because Majority of the companies will prefer hiring a citizen rather than a non citizen.
Also for MBA visa rules are completely different from Masters, in most of the countries. Post completing your education you get 1 year work visa for MBA and 2 year work visa for Masters and post MBA you only get 3 months to search for Job or else you will be deported. For Masters that is not the case.
I would suggest if you are from IT background and want to study abroad go for Masters rather than MBA. Agree with the 1st Comment, for Masters with IT work experience, the exposure you will get is very good.
Bowl Leader
I’m Doing a Masters abroad, and am in favour of doing a Masters especially for early career folks. The exposure, network and quality of professors is far superior than what most universities in India can provide and if I plan on returning to India, I know the brand recognition of my university is more than good enough to compensate me fairly.
Bowl Leader
It’s a degree focused on Business, Entrepreneurship and Technology
I am pursuing MBA from a US college. I moved back to India in the middle of my degree and will graduate in 2 weeks.
I think, it depends from person to person and type of specialization you go with. I’m doing a general track with focus on business analytics and entrepreneurship. One underrated factor while choosing college for MBA is the alumni network. I have seen it in action and it is extremely helpful if you know how to use it.
One challenge that I have faced in India from MBA perspective is that scope of content is limited to the country the college is in. In my case, I have studied about all the financial terms, systems, and procedures pertaining to US, which are much different from India.
But, it depends on the firm you are interviewing with. I interviewed with many firms after I got back from US, and chose the firm that belonged to an industry I had zero knowledge about it. Zero. I was hired based on my responses to different cases, situations, and a bit of technical knowledge.
I had earlier tried to get into MBA colleges before moving to USA, but all my attempts went down the drain. It’s really competitive out here. You may get a good ROI overall, but you only do MBA one time, right? That’s what h thought and decided to wait.
So, I would say that do your own research, weigh all the pros and cons, and think where do you want to be in long term.
Sure! UoI Urbana-Champaign and I came back for 3F - Family, Friends, and Food.
Did MBA abroad and I'm all for it as the experience you gain from your peers and the global opportunities i had were too good to pass; be it in terms of study abroad, project abroad or even semester long projects with global organisations. Don't know much about MBA in india first hand but I could tell that while theoretically these top tier programs here could match or even be better in knowledge terms, for practical purposes abroad has better exposure and opportunities. The biggest con for abroad besides high cost of living will be your mindset. If you're willing to expand your network and explore outside of what you know or who you know, you'll get the best bang for your buck. Else you're spending too much and getting too little back, i only say this point because I've witnessed a lot of my Indian friends only made and hung out with other Indian friends. While that feels comfortable, it's not really helping you much in your career.
Did my MBA from US (southern california region) so great weather all year round and amazing food. Socal region has a lot of people from different backgrounds and races (didn't really expect that) which surprisingly made most people open and welcoming. While I'm no fan of US in general considering visa issues one might have to go through the MBA program, i would recommend most universities in that region if you can afford it or get a scholarship - opens up doors to lots of top tier companies there
Depends if you are looking for long-term employment there and planning to stay away from family for long term then only it's worth it....India have good mba colleges
Bowl Leader
I don’t deny that india has good MBA programs.
It’s just that they are awfully competitive to get in, whereas it’s “easier” to get in a prestigious program abroad for similar and in some industries better employment opportunities.
There are a few countries where the MBA programs cost almost the same as an ISB MBA, and the return of investment is almost the same, if not better, and many people return to India directly after doing an MBA.
Rising Star
If you have capital then you can choose abroad as an option. If want to do MBA in India, should only aim for tier 1 colleges like spjimr, XLRI, IIM ABC, sibm, FMS. Else ROI isn't going to be good. This year was an exception because tier 2 colleges also had very good placement recording 20lpa as average. So choose wisely.
How come you clubbed SIBM with the others 😂
If one decides to so mba from india only, what are you thoughts on ISB given its high (almost 2x of iims) fees, but also the fact you graduate 1 yr in advance so you earn a year more.
Also if any isb grad here, are placements in isb really good? It's counted along with iim abc, XLRI, FMS, does it guarantee same level of opportunities?
Bowl Leader
ISB is worth every penny, especially if you get in ISB Hyderabad. I have a bunch of friends in ISB and none of them have ever complained about the opportunities being not at par with IIM-ABC
What would you suggest to a person like me who is fairly young but earning a lot as I turned 25 this August and I am making more than 2 lakhs per month.. The opportunity cost of MBA abroad or even India has become huge for me. Experienced folks kindly suggest
Bowl Leader
Product manager roles at FAANG, Microsoft etc and they make insane amount of $. there’s also product strategy roles. Though for PM roles, usually the top 20 US Bschools place better
OP since you seem to have a good idea about mba from india, would you suggest joining MDI Gurgaon/SP Jain/IIM K in summer 2022, or trying for ISB in few years (when I will have 3yrs+ exp). I have 1.5yoe right now. ISB would be better I know but is it worth leaving these college and going there 1 or 2 years later
Yeah, that's the tricky I am stuck with right now. Anyway thanks for your time, it helped really :)