MBA is one of the most sought-after courses in India. One dilemma most MBA aspirants face is choosing a college and country to go to. Should I study in India or go to a business school abroad? There are a lot of differences when it comes to teaching styles, facilities, opportunities, etc. and both are exceptional in their own way. Here are some of the few striking differences between pursuing an MBA in India as compared to an MBA abroad.
1. Admission process/GMAT and CAT
Business schools in the US or UK demand GMAT/GRE scores during the admission process. The entrance exams for Indian business schools are CAT, CMAT, ATMA, and a few more. Many Indian Management Institutes have now started accepting GMAT scores in candidates’ applications. There is also a difference in the kind of profile these schools are looking for. Business schools abroad are looking for overall performance whereas when it comes to Indian schools there is more weight on academics and grades. You are required to perform well even outside classrooms like extracurricular activities, school clubs, voluntary service, etc. when you are planning on pursuing an MBA in foreign universities especially in the US.
2. Work Experience
Indian schools usually admit fresh graduates without any work experience. But that is not the case with universities abroad. For example, Harvard business school requires the candidates to have at least 3-4 years of work experience for the regular 2-year MBA program. Chicago Booth requires 5 years of work experience on average. This helps in making contributions to discussions in class and understanding the case studies better.
3. Teaching methods and Curriculum
The curriculum in Indian schools is very theoretical whereas the one in most schools abroad is practical. Field visits, case studies, etc. form an important part of your academics. Some Indian institutes like IIM Ahmedabad are also trying to adopt the case studies method. Schools like Harvard, Stanford GSB, Yale encourage the students to develop their skills even outside classrooms. There is more academic flexibility as compared to the Indian MBA programs. You will also get to learn under some of the top faculty around the world.
4. Transition
If you prefer the comfort of your home over strange surroundings, Indian colleges might be the best option for you. For some, transition into college life becomes easier with familiar surroundings. Studying abroad, especially for the first time is difficult for some people to cope with. You might feel homesick for the first semester or so.
5. Personal growth
With the huge diversity on campus in foreign schools, you get to interact with people from different backgrounds. Your personal and communication skills get honed. Business schools abroad also focus on the overall development of the individual. Indian schools usually just focus on academics and classroom teaching. Harvard, Yale, and other Ivy League schools also have an extensive alumni network. So, the relationships you build in your college will benefit you throughout your professional life as well.
6. Cost
The cost of studying abroad is usually higher than studying in India. The cost of studying at IIM for the two-year MBA program comes around 21 Lakhs. Whereas the tuition fees of the two-year HBS program are $1,44,000 which is around 96 lakh rupees. There are obviously cheaper options for you like public colleges but there are additional expenses like living costs, medical insurance, transportation, etc. when it comes to going abroad.
7. Career opportunities
Degree from a foreign university, particularly Ivy League, can open up so many doors for you in your professional life. The degree adds a lot of value to your resume as it proves not only your academic excellence but also your exceptional personal skills. Settling in US, Canada or any dream country of your choice will become easier. If you planning on joining your family business in India then a degree from an Indian institute works for you.
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FAQs
Here are some of the major key differences between an MBA in India and an MBA in a foreign country: MBA programs in India provide a deep understanding of the Indian business landscape, while international MBA programs expose you to diverse perspectives and practices from around the world.
Which is better, MBA from India or abroad? ›
If you're aiming for a global career, especially in top markets like the US, an international MBA is your best bet. These programs offer unmatched global exposure and networking opportunities. But, if you're planning to work in India or the US, an Indian MBA is a solid choice.
Does MBA from abroad have value in India? ›
A. Yes, if you can afford the mid-level university abroad for MBA, then it is better to study MBA abroad. This is because the return on investment is higher and you will have great exposure to an international working environment.
Can we do MBA in India and work abroad? ›
So the answer is Yes, it is very much possible for business administration graduates to secure a high-paying job in the US. Before we jump into popular MBA jobs in the USA for Indians, let's understand what MBA is and why it is crucial for a career upgrade.
Is it worth doing an MBA in India? ›
For aspiring entrepreneurs, an MBA can be a valuable asset. The program not only imparts business knowledge but also nurtures entrepreneurial skills, providing insights into business planning, strategy, and management, essential for starting and running a successful venture.
Is an Indian MBA valid in the USA? ›
Is Indian MBA valid in the USA? Of course, they are! The MBAs of the best institutes in India are very much valid abroad. In fact, few institutes like IIM Ahmedabad, IIM Bangalore, ISB Hyderabad, and more are internationally recognized as being among the top 100 institutes in the world to do an MBA.
Which country is best for MBA? ›
The USA, UK, Germany, and Australia are the best countries for an MBA abroad. MIT, Harvard Business School, and University of Cambridge are the top colleges for MBA for Indian students. Top MBA colleges in these countries need a GMAT score of about 720 and a GRE score above 320.
Which country's MBA is more valuable in India? ›
A: The best countries for MBA for Indian students include the USA, UK, Canada, Australia, and Germany. These countries offer world-renowned business schools, diverse career opportunities, and strong alumni networks, making them top choices for MBA aspirants.
Is MBA tough in India? ›
MBA degrees are not difficult to graduate although they are challenging. Many potential students ask why MBAs are so difficult to graduate. But they ask the wrong question, the truth being: for the average student, MBAs are quite easy to graduate.
Can I get a job in India after an MBA from Harvard? ›
There is probably no job in India that you cannot get with an MBA from Harvard. Heck, an average Harvard MBA graduate won't even bother about jobs beyond consulting, business strategy, investment banking or private equity.
-> yes. After gaining the necessary experience, you could apply for jobs in the US based on your skillset. You can get hired as well and then settle in the US. No , there is no such provision that doing MBA from IIM will lead you to US to settle down there .
Which MBA specialization is best paid in abroad? ›
Out of the several highest-paid MBA specializations, the three most remunerative ones are Business Analytics, Finance and Entrepreneurship. Annual wages for these three disciplines lie between 70,000 US dollars and 90,000 US dollars or 6,00,00,000 Indian rupees and 9,00,00,000 Indian rupees approximately.
What is the salary of MBA in India? ›
The average pay scale for an MBA graduate ranges between 7-12 LPA but it can be as high as 70-100 LPA. Of course, various factors affect salary packages such as technical skills, relevant experience, company, B-school, and specialization.
What are disadvantages of doing MBA in India? ›
Pros and cons of MBA:
| Pros of MBA | Cons of MBA |
|---|
| Master core business functions | High tuition costs lead to student loan debt. |
| Hone leadership & communication through projects. | Intensive program requires significant time commitment. |
| Sharpen data analysis & problem-solving skills. | Lost income due to taking time off work. |
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Here are some of the major key differences between an MBA in India and an MBA in a foreign country: MBA programs in India provide a deep understanding of the Indian business landscape, while international MBA programs expose you to diverse perspectives and practices from around the world.
Why are MBA salaries so high in India? ›
Businesses and organizations are aware that an MBA professional's experience, skills, and knowledge can improve particular parts of a given industry. As a result, students and professionals spend time and money to acquire an MBA because the skills they learn are valued in the workplace and lead to high-paying jobs.
Which MBA has highest salary abroad? ›
Out of the several highest-paid MBA specializations, the three most remunerative ones are Business Analytics, Finance and Entrepreneurship. Annual wages for these three disciplines lie between 70,000 US dollars and 90,000 US dollars or 6,00,00,000 Indian rupees and 9,00,00,000 Indian rupees approximately.
Should I do an MBA from India or Germany? ›
In Germany, the cost of living usually ranges from 800 to 1,000 Euros per month. Salary: After an MBA in India, salaries range from 2.5 lakhs to 14+ lakhs per annum. After an MBA from Germany, salaries range from approximately 46,800 to 95,000 Euros per year. Course Duration: In India 2 years and in Germany 1-2 years.
Is it better to do MS in India or abroad? ›
Consider your academic goals: What kind of education do you want? If you want a rigorous academic education, then getting a Master's degree abroad may be the best option for you. However, if you are looking for a more practical education, then getting a Master's degree in India may be a better choice.
Which is better, MS in USA or MBA in India? ›
Career Goals: Consider your long-term career goals and the industry you want to work in. If you want to work in a specific industry that requires technical skills, an MS in the US may be more appropriate. On the other hand, an MBA in India may be the better option if you want to work in a management or leadership role.
