MBA in India,why?

MBA in India/MBA in Outside India: Which is more value for money?

Most Indian MBA aspirants have this question in their mind – Should I do my MBA from an Indian business school or do I look for MBA programs abroad in the USA or Europe. This article helps you understand the pros and cons of an Indian MBA vs US MBA and decide which MBA degree will be better for you based on your long terms goal, and lastly which will provide a better ROI.

Foreign MBA

An MBA from a foreign university is very helpful in understanding business from an international perspective. This is very advantageous if you want to work abroad after your graduation. Also, most foreign b-schools tend to have a large diversity in their student class so you benefit from understanding different cultural viewpoints and perspectives. The foreign MBA colleges will also have better infrastructure and better professors. The post-degree pay package of an US or European MBA will be higher than an Indian MBA because of the currency difference.

However, a foreign MBA is also more expensive and it may take more time to recover the fees of the business degree, especially if you are opting for a US MBA. More importantly, the Indian market functions very differently than the US and European markets, hence the things you will learn in a foreign B-School will be less applicable to India. Hence, if you want to work in India after your MBA, a foreign MBA is less preferable.

Indian MBA

An Indian MBA will help you gain business related knowledge pertinent to the Indian market. An Indian MBA will be significantly cheaper and you will be able to pay back your student loan much faster. If you wish to work in India after your degree, this is preferred from both knowledge as well as economical perspectives.

Around 70% of the curriculum in an Indian MBA degree course will be common to its foreign counterparts, however the way the curriculum is delivered and the facilities to support learning will be below par (unless you are at one of the IIMs). The post-degree salary of an Indian MBA will be lower than an US MBA. Also, if you wish to work abroad, an Indian MBA will be disadvantageous since they would prefer students from their own B-Schools.

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