Which is better: an MBA from abroad or IIMs?
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3 Answers
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MBA from abroad is not as good as IIMs.The major reason for this is as follows.
1. High fees- people go abroad by spending lakhs and lakhs and end up with a lot of debts.
2.Banks loans-The chances of getting loans for doing MBA from foreign university is very high such a huge amount will not be provided by banks in our country.
3.The issue of stay back- Majority of the countries give stay back for students after the course for just 1 or 2 years. In those 1 or 2 years, the amount spent for education is not able to get back.
4.Quality of IIMs- IIMs are world recognized. Lot of foreign international relationship exists with IIMs all over Indi...more -
Answered by
Prerit Kohli I'm creative, passionate and hard working | Contributor-Level 10
7 years agoHello,
By the way of introduction, I am an alumnus of IIM, Indore. So, basically, the answer has follow up questions. What kind of life do you expect post an MBA? What kind of profile you want to get into? Whether or not you want to settle abroad? Do you plan to open your own venture.
To put my story here, my main intention to choose an MBA here than looking in abroad was:
1- I wanted to settle over here.
2- I wanted to explore more into analytics plus management world and India provides best mix for both if you want to do a job in a corporate world.
3- I do not intend to open my own venture.
All in all, it depends on the mix of what you wan...more -
This is a tricky question but totally depend on your expectations.
As an educational counselor, I will suggest that studying abroad is always a better idea then in own country but to debate on my point I can give you few statistics.
*World best Business School rankings
All the IIM 's rest above 150 rank (QS World University Rankings by Subject 2017).
There are more than 100 Universities better than IIM's.
*Salary
IIM-Ahmedabad students of flagship PGP 2014-16 batch have grabbed 39% higher international package of Rs.1.02 crore (USD 153,568) as compared to last year which stood at Rs. 73.89 lakhs (USD 110284) as per the final audited placem...more
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