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