Indian MBA Vs Foreign MBA

MBA degree is an investment not education. The MBA degree unlike a Masters degree in Science/Technology is not a classroom-oriented degree. Theoretically, business school is about gaining new skills and insights into business, meeting new colleagues, and learning the intangibles of becoming a manager. An MBA degree involves learning from your fellow MBA participants as much as from the faculty. The amount of learning you can get from your classmates is huge. Most of the course work is done in groups. Now how does all this affect the discussion about Indian vs Foreign MBA. The more experienced the other participants of the MBA program, the better will be your experience. Normally, in most Indian MBA programs (except IIM A/B/C and ISB) the overwhelming majority of students are fresh out of college. A person with 7 years of work experience will hardly get any learning from classmates fresh out of college. Another facet of MBA programs in India is that a large % of students come from a similar background (engineering, science, working in IT etc). So a group work will unlikely have different perspectives from different group members.

Now consider a foreign MBA from a top tier school. The most significant facets of foreign MBA are diversity, alumni connection, brand reorganization, global exposure and strong industry connections. Most students would have 3-4 years of work experience and some with even more. They come from a variety of backgrounds like finance, high-tech, marketing and some from fields like poetry, television, films and other artistic fields. A vast variety of students come from different countries. Just imagine the breadth of discussions in classroom and in group-work when, in your group you will have an American journalist, a British banker, a Turkish entrepreneur, an Italian Architect, a French fashion designer and an Indian IT professional. You would be working with such a group for possibly entire semesters. Also look at the network you would develop from just your colleagues in a vast number of countries. So when the French fellow wants to expand his business into India then he may well contact you.

The top corporates and business schools would generally be in Europe or in US and these are the biggest investors in India. Several of them in today’s globalization want to shift or outsource things to India while some of them want to tap Indian market. For some of the IT companies, these nations themselves are the potential markets. On the other hand, Indian companies want to acquire several companies in these developed nations and build a brand. For these, you would be the best person. You have international experience with a solid Indian background. You would also be visiting different nations on field trips or in your internships. You would be able to understand the working culture, build important contacts and network, get insights into markets and trends, which would not be possible if you are in India. In several of the top schools, their alumni who are now CEOs of several leading companies would discuss their cases with you. Indian B Schools need to improve a lot on this front.

In conclusion, I can say that there is no denying that if you go to a global top B-school you are going to network with the top level professionals from all over the globe. You will be able to work anywhere in the global environment upon graduation and on the medium to long-term. MBA abroad may seem costly, but the correct way to look at it is the investment which gives return in terms of exposure, quality of education, opportunities, huge networking and of course the learning from culturally diverse peer group.

– Team Leverage

MBA degree is an investment not education. The MBA degree unlike a Masters degree in Science/Technology is not a classroom-oriented degree. Theoretically, business school is about gaining new skills and insights into business, meeting new colleagues, and learning the intangibles of becoming a manager. An MBA degree involves learning from your fellow MBA participants as much as from the faculty. The amount of learning you can get from your classmates is huge. Most of the course work is done in groups. Now how does all this affect the discussion about Indian vs Foreign MBA. The more experienced the other participants of the MBA program, the better will be your experience. Normally, in most Indian MBA programs (except IIM A/B/C and ISB) the overwhelming majority of students are fresh out of college. A person with 7 years of work experience will hardly get any learning from classmates fresh out of college. Another facet of MBA programs in India is that a large % of students come from a similar background (engineering, science, working in IT etc). So a group work will unlikely have different perspectives from different group members.

Now consider a foreign MBA from a top tier school. The most significant facets of foreign MBA are diversity, alumni connection, brand reorganization, global exposure and strong industry connections. Most students would have 3-4 years of work experience and some with even more. They come from a variety of backgrounds like finance, high-tech, marketing and some from fields like poetry, television, films and other artistic fields. A vast variety of students come from different countries. Just imagine the breadth of discussions in classroom and in group-work when, in your group you will have an American journalist, a British banker, a Turkish entrepreneur, an Italian Architect, a French fashion designer and an Indian IT professional. You would be working with such a group for possibly entire semesters. Also look at the network you would develop from just your colleagues in a vast number of countries. So when the French fellow wants to expand his business into India then he may well contact you.

The top corporates and business schools would generally be in Europe or in US and these are the biggest investors in India. Several of them in today’s globalization want to shift or outsource things to India while some of them want to tap Indian market. For some of the IT companies, these nations themselves are the potential markets. On the other hand, Indian companies want to acquire several companies in these developed nations and build a brand. For these, you would be the best person. You have international experience with a solid Indian background. You would also be visiting different nations on field trips or in your internships. You would be able to understand the working culture, build important contacts and network, get insights into markets and trends, which would not be possible if you are in India. In several of the top schools, their alumni who are now CEOs of several leading companies would discuss their cases with you. Indian B Schools need to improve a lot on this front.

In conclusion, I can say that there is no denying that if you go to a global top B-school you are going to network with the top level professionals from all over the globe. You will be able to work anywhere in the global environment upon graduation and on the medium to long-term. MBA abroad may seem costly, but the correct way to look at it is the investment which gives return in terms of exposure, quality of education, opportunities, huge networking and of course the learning from culturally diverse peer group.

– Team Leverage

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