MBA Abroad for Indian Students – MBAs are highly sought after not just among business majors but worldwide. An increasing number of people are pursuing this esteemed degree in various subjects, including engineering, social sciences, physics, and the natural sciences. Anyone who appreciates the thrill of working in a fast-paced office setting and wants to climb the corporate ladder may consider getting an MBA abroad for Indian Students.
International students, including a significant 35 per cent from India, comprise the student body at global business schools. This statistic is a testament to the success of Indian students in these prestigious institutions. Pursuing an MBA abroad for Indian students can lead to direct employment at one of the Fortune 500 corporations. At the same time, top B-school graduates in India also enjoy equally good career prospects. This success should inspire confidence and ambition in Indian students considering an MBA.
Still trying to decide whether to do an MBA abroad for Indian students or in India? Continue reading to learn more about the main distinctions between the two choices so you can make an informed decision related to MBA abroad for Indian students.
Global Outlook of Pursuing MBA from India or Abroad
One of its most alluring features is the opportunity for global perspective and cultural immersion that comes with earning an MBA, whether in India or elsewhere.
While MBA abroad programs introduce you to various viewpoints and practices from around the globe, Indian MBA programs offer a deep understanding of the country’s commercial environment. This international experience opens doors to a more excellent range of employment choices and equips you to negotiate the difficulties of a worldwide market.
Getting an MBA is a life-changing opportunity that extends beyond school. It develops leadership abilities, boosts self-esteem, encourages independence, and stimulates personal growth. Because MBA abroad programs are interactive, you may actively participate and learn from your classmates’ various experiences, which can provide you with invaluable insights. There is more to MBA abroad programs than just textbooks and seminars. They offer practical learning opportunities through case studies, projects, and internships. You gain valuable insights into the corporate world from these practical experiences, which also equip you to take advantage of future possibilities and difficulties.
What are the Entrance Exams for MBA in India or Abroad?
The entrance exam is the first step towards obtaining an MBA, and the particular exam you take will depend on where you intend to continue your education.
- The Common Admission Test (CAT) is the required admission examination for those seeking an MBA in India. On the other hand, several universities also administer their unique entry tests, like the SNAP, IIFT, XAT, and NMAT. These tests provide entry to PG Diploma in Management programs and MBA programs.
- You must perform flawlessly in the group discussion portion and the individual interview to be admitted after passing the entrance exam.
- Candidates must pass the Graduate Management Admission Test (GMAT) to pursue an MBA overseas. This indicates a notable distinction in the prerequisites for MBA admission in India and overseas. Additionally, some international universities accept GRE results instead of GMAT results.
Note that compared to CAT, GMAT gives greater freedom. Rolling throughout the year, it offers students the flexibility to select the exam day that works best for them. Additionally, your GMAT results can be used to get admission to some B-schools if you still need to decide whether to pursue an MBA in India or overseas.
What is the course structure of an MBA in India vs. abroad?
While comparing the MBA options in India and abroad, it’s essential to know the course structure of Indian and Abroad MBA.
| Comparing Variables | MBA in India | MBA in Abroad |
| Duration of Course | 2 years | 1-2 years |
| Course Type | Full time, part time, online | Full time, part time, online |
| Specialisation | Human resource, Finance, Marketing, Supply Chain, Business, Operations, Healthcare management | Finance, Marketing, Data Analytics, Consulting, Information Systems, Entrepreneurship |
| Teaching Methods | Theoretical Concept | Theoretical along with practical knowledge |
What should be the work experience for MBA in India or Abroad?
The criteria for work experience in MBA programs differ between India and other countries. Many B-schools in India accept applications from applicants who have yet to gain prior work experience because their primary focus is admission exam results and academic credentials. However, work experience would undoubtedly boost your application for highly competitive B-schools like XLRI, ISB Hyderabad, and IIMs.
However, to gain admission to prestigious colleges, it is usually advised to have two to three years of work experience before applying to B-schools abroad. MBA candidates without work experience have possibilities, but you should find other ways to prove that you’re ready. There is a significant distinction between earning an MBA in India and outside.
Comparing Placement Opportunities After Completing MBA from India or Abroad?
The placement and pay possibilities are essential considerations when determining whether to study for an MBA in India or overseas. While both alternatives have benefits, there are also significant distinctions between how placements operate in India and overseas.
Finding employment in India after earning an MBA is typically more straightforward. Elite Indian B-schools have close ties with businesses and frequently arrange on-campus placements when employers interview candidates and extend job offers to them directly. This streamlines and organises the procedure.
After earning an MBA, finding employment overseas demands more initiative and work. Businesses may only sometimes provide specific on-campus placement programs, so you must actively network, develop your talents, and enrol in additional courses to stand out.
India has a tiny advantage in terms of placements following graduation. However, foreign MBA grads may have much better long-term employment prospects and earning possibilities.
Comparison of Salaries After Completing MBA from India or Abroad
After earning an MBA, your pay will be determined by your experience, specialisation, interview performance, and talents. Generally speaking, an MBA earned outside will pay you more than one earned in India.
While graduates from other colleges can expect to earn between INR 30 lakhs and INR 50 lakhs annually, graduates from the best international business schools can attract salaries as high as INR 75 lakhs.
MBA graduates in India usually make between INR 15 lakhs and INR 20 lakhs a year; graduates of IIMs, on the other hand, tend to make closer to INR 30 lakhs.
What is the cost of studying for an MBA from India or abroad?
When assessing your MBA options, you would wonder, “Which is more affordable, an MBA in India or abroad?” Now, let’s compare the costs of MBA programs in India and abroad.
Tuition Fees
Whether you decide to study in India or overseas might significantly impact the cost of earning an MBA. India can be an excellent option if you’re seeking something more affordable. The usual range of MBA tuition expenses in India is INR 7.5 lakh to INR 25 lakh. On the other hand, the cost of an MBA from a prestigious university in the US, UK, Canada, or Australia may range from INR 20 lakhs to INR 75 lakhs.
The United States is renowned for offering some of the most costly MBA programs globally. MBA tuition at prestigious US universities might cost anywhere between INR 120 lakhs and INR 150 lakhs.
However, because they are often designed as one-year programs, MBA programs in the UK are more economical for students.
Living Expenses
Consider living expenditures while comparing the price of an Indian MBA with that of a foreign MBA.
A student’s monthly living expenses in India usually fall between INR 20,000 and INR 30,000.
You should save at least INR 50,000 to INR 70,000 monthly for living expenses while studying overseas.
Pros and Cons of Studying MBA in India
| Pros | Cons |
| India offers MBAs at a far lower cost than other countries, making them a more affordable choice. | An MBA in India may only sometimes be worth the money invested. |
| Gaining entry into Indian MBA programs is simpler because many of them do not require work experience. | Regarding specialisation, you could have fewer alternatives than in international programs. |
| The transfer will go more smoothly if you are accustomed to the atmosphere and culture. | There may be a dearth of skill development and real-world exposure in certain Indian MBA schools. |
| Getting a job after earning an MBA is typically less complicated in India. | Best employment offers go to a select few exceptional students. India’s MBA starting salary might be lower than those of graduates from other countries. |
Pros and Cons of Studying MBA in Abroad
| Pros | Cons |
| International MBA graduates frequently fetch better pay than their Indian counterparts. | International MBA programs might double or triple the cost of Indian programs |
| Obtaining an MBA overseas might lead to global professional options. | International MBA programs frequently require work experience as a prerequisite. |
| A variety of specialised MBA programs are available for selection. | Applications for overseas MBA programs can take time and effort to complete. |
| Learn about business trends and practices from a global viewpoint. Take in the sights and sounds of a varied and lively setting. | It might be challenging to adjust to a new environment and culture. |
Top MBA Colleges in USA
- Arizona State University
- University of South Carolina
- Roosevelt University, Chicago
- Havard Business School
- Columbia Business School
- University of Pennsylvania
- Stanford University
- Northwestern University
Top Universities for MBA in UK
- Imperial Business College School
- Middlesex University, London
- University of Northampton
- London Business School
- Oxford Business School
- Cambridge Business School
Top Universities for MBA in Dubai
- Murdoch University
- Middlesex University, Dubai
- De Montfort University
- Wollongong University
- Amity University
Top Universities for MBA in India
- Indian Institute of Management, Bangalore
- Indian Institute of Management, Ahmedabad
- Indian Institute of Management, Calcutta
- Indian School of Business
- Management Development Institute
- Symbiosis Institute of Management
- National Institute of Technology
- Indian Institute of Technology
- Indian Institute of Foreign Trade
- Birla Institute of Management Technology
Want to Study Abroad?
SecuremyScholarship focuses on making education accessible and affordable for everyone. Every year, thousands of students dream of getting into top foreign universities, especially after MBA programs for Indian students. Every student is choosing to study abroad for higher education. Who are we? We are not middlemen; we help students directly connect with universities and get admission with assured and guaranteed scholarships. Get in touch with us today and start your study abroad journey!
FAQs to MBA from India or Abroad
Q1. Is a foreign country MBA valid in India?
Management is one of the main areas of study that undergraduates and graduates in India choose to continue further education. For most Indian professionals and students, an international MBA is even more attractive. Given its high value in India, a master’s degree in business administration from a foreign business school can truly accomplish a lot of amazing things.
Q2. What is the average cost of studying MBA in India vs Abroad?
India offers more affordable MBA programs than the United States, Canada, and the United Kingdom. An MBA abroad for Indian students might cost anything from INR 1.04 crore to INR 67.17 lakhs, whereas an MBA in India may cost between INR 7.5 and INR 25 lakhs.
Q3. Is MBA in India valid in USA?
They are, of course! The top Indian institutes’ MBA degrees are highly respected internationally. A select few universities, like IIM Bangalore, ISB Hyderabad, IIM Ahmedabad, and others, are acknowledged globally as among the top 100 places in the world to pursue an MBA. In addition to being recognised and valued, their degree is valid in several nations, including the US, UK, Canada, and others.
Q4. What is the starting salary after doing MBA?
Pay varies depending on the organisation. In addition, other significant determinants include the nation’s economy, the state, the university, and other political and economic aspects. However, the beginning package in India after completing an MBA at a respectable institution or college is between Rs. 2,50,000 and Rs. 3,00,000 monthly.
