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Surely merchant navy is the best options now
1. You are just 17 or 18 years young and started living a disciplined and a professional life. Life in Maritime institutes are semi-military.
2. You are getting a stipend of $500 to $700 per month in your cadetship (generally a cadet is 18 years young ).
3. Benifits of seeing the world gives far more exposure than IITs.
4. You are working with a professional team onboard which is far more experienced than you, so you learn extremely quality content.
5. Its a contract basis job, means the "ACE" is in your hands, when you want to work you can give your availability.
3. Very fast growth, as a cadet you earn around $500 per month but after 18 months of sea time you salary as a third officer is around $3000-$5000 per month. Some Master Mariners earn upto $22000 per month in special operational vessels, and all tax free income.
4. You can do side buisness such as owning a brand franchise. I know a master who is also a builder.
5. Non taxable income in merchant Navy while you have to pay taxes in corporate offices. Average package in IITs are around 23-27 Lacs per annum in india, well there are two or three bright students who gets package around 70-75 Lacs but that is not in india, they are placed abroad and the expense abroad are high. Always remember the more you earn, the more tax you pay to the government. But not in case of merchant navy.
6. You get time for your hobbies as the power of "when to work " is in your hands.
7. After retirement form sailing you can become a senior member of your company or a professor, you can also become a marine or an aviation pilot, yes you heard right, you can choose flying also. I have plenty of matter to write but I think that you must have got the right Idea. Have a nice day ahead.

Yes, National School of Business, Bangalore is a good and trusted B-School to pursue full-time MBA.
The college is accredited to Mysore University since inception. NSB has a tie-up with ESC-Pau, France which allows the students to experience foreign study methodology for the duration of 2.5-3.0 months. The faculty are highly experienced with more than 25+ live work experience in corporate as well as teaching field (4.8/5.0).
Campus Life: Student intake (150). It’s a mix of various cultures all over India. Our batch had students from 23 states of our mother India. College life is fun, lively, vibrant and enthusiastic bunch of students.
Internships and placements: College has a separate placement which guides the students from Day 1 by conducting various seminars, symposiums, club activities, experiential learnings so that the students could fine tune themselves to the needs and requirements of corporate and service driven industries before taking up an offer. The college supports internships and aids them by conducting various mock interview rounds. Moreover placements are dependent on students’ performance, competence and capability. Getting placed at the right job at the right time has never been a constraint as far as NSB students are concerned.
Hostel Life: College has hostel facilities which have Wi-Fi enabled facilities nearly 1 km distance which is close to the campus and all the wide range of restaurants?
Fees: 90,000 per semester. Rs.3,60,000 for four semester and Rs. 30,000 for Admission fees ( A total of Rs.3,90,000) NSB has added a few important courses to MBA+PGPM that includes the following:
1. SAP/ERP
2. TQM and SIX Sigma
3. E-commerce
4. Business Analytics
5. Professional Certifications - CHRMP, CSMP and FAC
I hope I've answered your queries. For further details, you may please go through the college website: www.nsbindia.orgor write into us or check with the senior pass outs from this college. Here are the few rankings which the college received: Silicon India rankings - NSB is ranked 17th All in India and 5th best in south India, No.3 (All India) for Return-on-Investment.