Students prefer to do an MBA abroad because, the curriculum offered by the overseas universities is so much more richer.
- It offers more practical, case-study based approach and needs self-study. Here the students learn from live-projects.
- Biggest advantage is that it can launch a student’s career in the international market.
- Foreign MBA degree offers lot of money in the job market. After passing from a B-School abroad, the salary is minimum $1.1 lakh annually to upto $2.5 lakh.
- It also helps students to gain an understanding of business, along with instilling a sense about new eastern Europe markets and of emerging economies in south America and the Far East.
TOP 5 US B-schools:
2. University of Pennsylvania.
5. Massachusetts Institute of Technology.
The vast difference in fees with US universities, has made European MBA programs attractive for Indians. While theUS would cost an Indian student Rs. 40 lakh to Rs. 45 lakh or Rs. 25 lakh to 30 lakh in a lesser ranked US institute, a management programme in Europe would cost only Rs. 20-25 lakh and in Australia it would be Rs. 15-20 lakh.
TOP 5 European B-schools:
2. INSEAD, France.
3. IE(Instituto de Empresa), Spain.
4. IMD, Switzerland.
TOP 5 Australian B-schools:
2. Australian Graduate School of Management.
4. Australian National University.
Note: We suggest you to refer to the updated rankings of business schools brought out by Businessweek, Financial Times, US news or The Economist.
