208 Views

im a average student...I either want to mba in IIM or MBA in abroad... which will be better?


Gopika S 12th Aug, 2020
Answers (2)
Vaishak V Prabhu 12th Aug, 2020

Acquiring an MBA degree is comparatively less expensive in India as compared to countries like US, Canada and UK. MBA in India can roughly cost anywhere from Rs. 7.5 lakh - Rs. 25 lakh while an MBA abroad may cost somewhere between Rs. 20 lakh - Rs. 70 lakh on an average, of course, depending on the university or college you are admitted to. Adding to this, the living expenses abroad will also be significantly higher as compared to India.

1 Comment
Comments (1)
12th Aug, 2020
though the cost is more in abroad...we can get education loan right?
Reply
Harshit 12th Aug, 2020

Hello Aspirant,

If you want to become a management consultant at MBB firms you have to get into IIM A,B or C. They mostly don't go to other colleges in India.

It's very difficult to get into IIM A,B,C for a general category student or may be even an IIT or XLRI for that matter. Only students with a 99.8% and above get calls from A,B,C. Every year the pattern changes for CAT.

For an MBA abroad, you have to have atleast 4 years of work ex. The culture there does an MBA only if they need one and only after working for at least 6 years. There is no concept of campus placements there. They have job fairs. For this reason many freshers opt for an MS over an MBA because without work ex they will mostly not get selected by a good MBA college.

Hope it help you.

All the best!!!!!

Top UGC Approved Colleges for Online MBA

Download this ebook and get all details related to the top UGC approved colleges for Online MBA.

Download List Here

Know More About

Related Questions

ISBR Business School PGDM Adm...
Apply
180+ Companies | Highest CTC 15 LPA | Average CTC 7.5 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business Scho...
ICFAI Business School-IBSAT 2024
Apply
9 IBS Campuses | Scholarships Worth Rs 10 CR
SPJIMR Mumbai PGDM Admissions...
Apply
Ranked No. 1 Business School in India and no.35 in world by Financial Times MiM 2024 Ranking | Highest CTC: INR 81 LPA
XAT- Xavier Aptitude Test 2025
Apply
75+ years of legacy | #1 Entrance Exam | Score accepted by 250+ BSchools | Last date: 30th Nov'24 | Apply now
BML Munjal University MBA Adm...
Apply
#83 NIRF Ranking 2022 | Highest CTC - 14.71 LPA | 10% Tution Fee Waiver | Scholarships upto 100% | Application Deadline: 29th Nov’24
SCMS Cochin PGDM Admissions 2025
Apply
1st Among Business Schools to offer PGDM in Kerala | Average CTC 8 LPA ranging upto 16 LPA | Merit and Work Experience based Scholarships
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books