What is the Value of a Foreign MBA in India?

Value of Foreign MBA in India: As more and more Indian students are opting for studying an MBA abroad, numerous questions are also coming into the picture for those who are looking to pursue an MBA abroad. The first question is, which MBA degree is more valuable, the Indian MBA vs foreign MBA degree? The second question is, what is the value of a foreign MBA in India? Studying MBA abroad is not an easy decision, it not only requires a lot of hard work but is also an expensive affair. So, in this article, we are going to discuss the value of a foreign MBA abroad for Indian students.

For this, students might need to know about MBA prerequisites to study abroad and the top 5 Countries where they can study MBA Abroad. 

• Qualifying Exams for MBA
• Scholarships for Studying MBA
• Cost of Studying MBA

Given below are some of the facts that students who want to pursue an MBA abroad must consider.

Indian Corporations recruit International MBA Graduates

These days, globalization has affected Indian markets so much that Indian companies have started to expand their businesses. As a result, these companies are keen on hiring students who have done an MBA abroad from reputed colleges. Indian companies hire these graduates because of their expanded knowledge of international business standards.

Many top-tier schools like London Business School and Harvard University have a very high brand value. While doing an MBA abroad, students will do case studies and take global trips. On top of this, an MBA abroad has more flexible program structures and specializations than the course offered at Indian Business schools.

Analyze the ROI

Before taking admission in an MBA abroad, consider the Return on Investment (ROI) as well. For instance, it is true that taking admission to Harvard University is both expensive and difficult. But, if you look at the ROI, you will get to know why pursuing an MBA is considered fruitful. The MBA program at Harvard lays a great emphasis on research and corporate placements. MBA students from Harvard can expect a placement package of around US$1.25 lakhs per annum. Whereas, the top students from IIM will get a package of around Rs 17-20 lakhs annually.

Growing demand to pursue MBA from Top Asian B-schools

If you do not plan to study in the top B-schools like Harvard or London Business School, then go for the alternative options available in Hong Kong, China, and Singapore. An MBA program in these countries is shorter and quite affordable.

Average Package of MBA in India

MBA graduates from top India’s top B-schools get recruited on-campus by the top companies. The average package of MBA in India at IIMs and ISB will be around Rs 19 lakhs. However, the international exposure you have gained while doing an MBA abroad will help you to negotiate the salary range here in India. In case, you have worked for any IT company overseas and have developed new skills that can lead to higher profits in the business, then you can expect a good salary hike.

Learn everything about pursuing an MBA in popular study abroad destinations:

Benefits of Doing MBA Abroad

• Practical approach: Students will get a hands-on experience in marketing and business while pursuing MBA from abroad. If we look at the big picture, doing an MBA abroad will give students great exposure.
• Addition to the CV: A degree from a reputed institute abroad will be of great significance. Employers in India will be eager to hire those students who have an international degree.
• Better communication skills: While students are doing an MBA abroad, they will meet people from different cultures and ethnicity. In short, the communication skills of students also grow on a significant level while doing MBA in a foreign country.

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