I completed my bachelor’s degree in London and want to settle in India. Is it better to pursue an MBA in India, the UK, or the USA? I have 2 years of internship experience.
This question was asked by Khushi Shah, who is looking for advice on whether to pursue an MBA in India, the UK, or the USA, after completing a bachelor's degree in London and having 2 years of internship experience, with the intention of settling in India.
In India, the rapid growth of management courses in B-Schools is evident by the increasing number of accreditations, indicating the quality of management education. An MBA degree in India opens doors to diverse career opportunities in finance, healthcare, supply chain, marketing, operations, business analytics, etc. The country’s booming economy, entrepreneurial culture, and tech sector make it an attractive destination for management education. Moreover, the cost of an MBA in India is significantly lower than in the UK or USA, offering a high return on investment. For instance, graduates from the Indian Institute of Management, Ahmedabad earn an average salary of $186,170, which is higher than some top universities in the USA and UK.
However, if you’re considering an MBA abroad, both the UK and USA have their advantages. The UK offers slightly more affordable MBA programs with shorter tenures, enabling faster completion and entry into the workforce. On the other hand, the USA boasts a flourishing job market and some of the world’s best business schools. Earning an MBA at an overseas university can advance your career and earning potential significantly. You’ll gain new language skills, cultural awareness, and an extensive international network that will impress any employer.
It’s important to note that while you have two years of internship work experience, most MBA programs in the UK require a minimum of three years of work experience. However, some schools may consider internships and volunteering as work experience.
Lastly, a foreign MBA is acceptable in India and comes with greater benefits like a higher average salary. You’ll have various job opportunities after completing an MBA abroad. In fact, a mid-level university abroad might offer a better return on investment than a private institute in India.