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MBA in India v. MBA from Abroad


MBA is the acronym of Masters in Business Administration, which is a postgraduate degree that is more of a managerial offer. After the completion of the undergraduate course, you'll be able to pursue it.


The MBA courses are offered by various colleges in India and abroad. MBA courses are offered in various specialisations in the core subjects of management. There are various types of MBA courses offered depending on the specialisations and the core subjects.


In this blog, we will look at various metrics that you can consider when thinking about MBA course admission in India or abroad.



BASIS

MBA IN INDIA

MBA ABROAD

Program Duration

2 Years

1-2 Years

Teaching

Theoretical

Theoretical & Practical

Average Cost

Rs. 7-25 Lakhs

Rs. 20-75 Lakhs

Exam

CAT, IIFT, NMAT by GMAC, SNAP, XAT, GMAT

GMAT, GRE

Average Annual Salary

Rs. 18-19 Lakhs

Rs. 45 Lakhs

Study Type

Full Time

Full Time, Part Time, Online

Specializations

Finance, Marketing, HR, Entrepreneurship, International Business, Supply Chain, Healthcare, etc.

Finance, Marketing, HR, Entrepreneurship, Data Analytics, Digital Marketing, Consulting, Information Systems, etc.

Work Experience Required

No Work-Ex required

3-5 Years

Placements

The placements offered by Indian institutions are readily available. Students might even get the chance to get interviewed by prestigious MNCs and banks.

Not all universities follow the usual way of ‘placements’. Despite the fact that some may aid the students in their career hunt, none of the universities can guarantee a placement.



Pros of doing MBA in India:

● More affordable tuition fees

● Some colleges offer without any work experience

● Less stages for admission

● Easy application process

● Culturally, easy to adjust because of familiarity


Cons of doing MBA in India:

● ROI is uncertain

● Practical exposure is less

● Pay-out may be limited for a few top students


Pros of doing MBA Abroad:

● Higher average salary

● Diverse environment

● Global exposure

● Range of specializations is wide


Cons of doing MBA Abroad:

● Cost of an MBA abroad is twice or thrice more than that in India.

● Admission process is time consuming

● Requires extensive paperwork

● Difficult to adapt to the culture and environment

● Work experience is an essential factor

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