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Should one pursue an MBA in India or outside India? That's always a tough decision to make as each of those options have their own advantages and disadvantages. Apart from the normal factors that one considers in choosing a University, making a choice of studying in India or not also depends on other factors such as whether you have family or relatives in another country, whether you have working rights for another country etc.

Also MBA education in most of the Indian universities is very different from MBA education in International universities and your decision needs to be driven by the kind of exposure you are looking to get both in the short and long term.

I came across this Interesting article on LearnHub which talks about this area and includes some very vauable insights from faculty members at Indian B-Schools. 

Source: Learnhub

Pursuing an MBA from abroad is not only beneficial for your careers, but also very convenient. Due to globalisation, liberalisation and privatisation, it has become feasible to pursue an MBA course from foreign universities especially in UK, Australia, USA and Canada

A foreign degree guarantees more exposure since students need to interact with fellow classmates and faculty to learn and evolve. Also they get to do internships with major corporate houses of international standards and get work experience in a variety of fields like finance, marketing, poetry, films, IT and other such artistic fields. The diversity in student body helps them develop a strong network across all countries.

A foreign MBA is sought-after by Asians, especially Indians, as the admission criteria to get admission in goodMBA programme requires 3-4years of corporate experience and case studies which are based on real time experience for students to learn the art of management.

Talking about the benefits of pursuing MBAs from abroad in aspects besides career growth, Jayaram K Iyer, Professor, Marketing, Loyola Institute of Business Administration, told The Economic Times, “The students get lot more culturally diverse exposure that moulds them to be more global in perspective. Of course, they also become more patriotic realising the worth of India.”

However, Iyer warns that most foreign universities promise a lot and deliver less. He also adds that most of these foreign universities can’t find students in their own countries; it is business for them and no education can swerve from altruistic goals.

However experts and academicians argue his point and say that a MBA from renowned institute will help you to get a better pay package and designation when you come back to your country. Also studying from foreign university will give you global exposure, develops your personality, leadership skills and strategic thinking.

But should you pursue an MBA from Indian or a foreign institute is debatable. While a MBA from abroad may give you an international exposure, enhance your skills and give you better prospects in finding a job abroad, Indian B-school education is not far behind.

The quality of education at top-ranked Indian business schools is at par with some of the best in the world. Also it is cost-effective in compared to studying abroad.

Well, this is surely an interesting debate and it would be hard to come to any agreement. What do you think ? Do let us know.

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Comments

30 June 2010

 

I think a lot of people outside of India are now debating whether to go to India to study - so maybe you'll find the Americans studying in Hyderabad and the Indians studying in Chicago! Whichever way you go it seems a good idea to spend some time studying/ working abroad to help understand different cultures and built an international network.

Kate Jillings

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