Great Lakes - PGPM & PGDM 2025
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
MBA in India vs abroad is a confusing question, as it involves considering various factors such as the quality of education, cost of tuition, living expenses, future career prospects, and personal career goals. The decision to pursue an MBA, a globally recognised postgraduate programme designed to develop skills required for careers in business and management. MBA in India vs MBA abroad opens doors to new opportunities, enhanced skills, and increased earning potential.
MBA in India vs abroad salary must considered while looking for a postgraduate degree from any MBA institute from India or abroad. Read this article, which helps MBA aspirants make a final decision on whether to pursue an MBA abroad vs India and also get answers to their questions such as MBA in India vs abroad which is better and MBA in India vs abroad salary statistics.
Particulars | MBA in India | MBA Abroad |
Top MBA Entrance Exam | GMAT, GRE | |
MBA in India vs abroad fees | Rs. 12 lakhs to Rs. 30 lakhs | Rs. 25 lakhs to Rs. 50 lakhs |
Work Experience | No Work Experience or 2 - 5 years | 2 - 3 years |
Opportunities | Low compared to Abroad MBA | High level of opportunities |
MBA average Salary | Rs. 7 lakhs to Rs. 15 lakhs | Rs. 50 lakhs to Rs. 15 crores |
Exposure | No international Exposure | International Exposure |
Visa Requirements | No Visa required | Study visa required |
Top Colleges |
|
Check out the selection criteria for doing an MBA in India vs abroad.
The candidates who wish to apply for MBA admission in India must fulfil the following eligibility criteria:
Applicants must have a bachelor’s degree with a minimum aggregate of 50% marks from an approved university. The final aggregate can vary based on the reservation policy and institutes chosen by the candidates.
Candidates must have a valid score in any of the national- or state-level MBA entrance exams, such as CAT, MAT, XAT, TANCET, AP ICET, TS ICET, or any others.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
Last Date of Applications- 20th February |250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row
The MBA eligibility criteria for the institutes are different from one another.
Candidates can apply for the foreign MBA programmes based on the eligibility criteria mentioned below.
MBA aspirants must prove their language proficiency by obtaining a valid score on any of the tests, such as IELTS or TOEFL.
Candidates should have a bachelor’s degree in a relevant field with a minimum aggregate of 50% marks from a recognised university.
Candidates with work experience of 2 to 5 years are an added advantage.
Quick Links:
The Indian B-schools admissions process is not complex as compared to the Abroad MBA.
Pros | Cons |
The cost of MBA courses in India is less than that of similar overseas MBA programmes. | The Indian B-schools are not able to give global exposure to the students, even though they provide international internships. |
Many of the institutes do not require any work experience as part of their MBA / PGDM eligibility criteria. | MBA in India focus mainly on theoretical knowledge rather than practical skills. |
Candidates will get an opportunity to understand the Indian market and business. | While top Indian B-schools are globally recognised, an MBA from lesser-known institutions may not have the same global recognition. |
The Indian B-schools admissions process is not complex as compared to the Abroad MBA. | Some Indian B-schools may have a more rigid curriculum with less flexibility to choose electives compared to international programmes. |
Pros | Cons |
Studying in a different country gives students a broader view, understanding of different cultures, and chances to make international connections. | The MBA abroad fees can be significantly higher than those in India. |
Business schools abroad typically emphasise experiential learning and case studies, equipping students with practical skills. | Most foreign B-schools require 2-3 years of work experience for admission. |
Candidates can improve their proficiency in any foreign language. | Getting used to a new culture and surroundings can be tough. |
Understanding the cultural practices of other countries boosts your value as a businessperson. | The international MBA admissions process is complex and lengthy compared to India. |
Also Read:
Candidates can go through the below table to know the top MBA colleges in India vs abroad based on the NIRF ranking and QS ranking 2023.
Check out below the top MBA colleges in India according to the NIRF ranking for 2024.
NIRF ranking MBA colleges | NIRF Ranking for MBA | NIRF Score 2024 |
IIM Ahmedabad | 1 | 83.32 |
IIM Bangalore | 2 | 81.16 |
IIM Kozhikode | 3 | 77.90 |
IIT Delhi | 4 | 76.25 |
IIM Calcutta | 5 | 75.07 |
IIM Mumbai | 6 | 74.73 |
7 | 74.43 | |
8 | 73.53 | |
9 | 68.13 | |
10 | 67.16 | |
Management Development Institute (MDI) | 11 | 66.85 |
IIM Rohtak | 12 | 66.49 |
Symbiosis Institute of Business Management (SIBM) | 13 | 65.13 |
IIM Raipur | 14 | 64.40 |
Indian Institute of Foreign Trade (IIFT) | 15 | 62.36 |
IIT Madras | 16 | 61.73 |
IIM Ranchi | 17 | 61.27 |
IIT Roorkee | 18 | 61.21 |
IIT Kharagpur | 19 | 61.03 |
S. P. Jain Institute of Management and Research | 20 | 60.97 |
The below table lists the top colleges abroad along with the QS ranking 2024.
College / Universities | Country | QS Rank |
USA | 1 | |
USA | 2 | |
USA | 3 | |
UK | 4 | |
HEC Paris | France | 5 |
USA | 6 | |
USA | 7 | |
Spain | 8 | |
UK | 9 | |
IESE Business School | Spain | 10 |
MBA abroad admission is done through exams like the Graduate Management Admission Test (GMAT) and the Graduate Record Examinations (GRE) are usually required. These exams test the verbal, mathematical, and analytical writing skills of the students. Candidates who meet the GMAT / GRE cutoff can seek admission to foreign universities.
In India, entrance exams like the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Symbiosis National Aptitude (SNAP), and NMAT by GMAC are popular among MBA aspirants. These exams test a candidate’s aptitude in English, mathematics, and reasoning and form the basis for MBA admission into various Indian business schools.
People also search for:
The admission process for MBA programmes in India and abroad varies significantly. In India, after clearing the entrance exams, shortlisted candidates have to go through a written test, group discussion, and a personal interview. Work experience is considered for admission into IIM MBA programmes.
In contrast, foreign universities often require 2-4 years of work experience along with a good GMAT or GRE score. The admissions process may also include writing essays and a round of personal interviews.
MBA aspirants can go through the below table to get an outline of the Indian MBA vs Foreign MBA course structure and specialisations.
Particulars | MBA in India | MBA in Abroad |
Course Duration | 2 years | 1-2 years |
Course type | Full-time, part-time, and online | Full-time, part-time, and online |
MBA Specialisations | Finance, Human Resources, Marketing, Entrepreneurship, International Business, Supply Chain Development, and Healthcare Management | Finance, Marketing, Human Resources, Entrepreneurship, Data Analytics, Digital Marketing, Consulting, and Information Systems |
The average salary for an MBA graduate in India is around Rs. 7 to 12 LPA, while in the average package for an MBA in the US, it’s around Rs. 90 lakhs. It’s important to note that the cost of living and tuition fees are also higher abroad. Placements are generally higher for MBA graduates abroad compared to India, with a higher percentage of students getting placed through campus placements.
Know more:
The choice between an MBA in India vs abroad ultimately depends on an individual’s career goals, financial capacity, and personal circumstances. Both options have their own advantages and offer valuable opportunities for career growth. An MBA in India might be more affordable and have less complexity in its admission criteria, while an MBA abroad offers global exposure and better job opportunities.
Remember, the decision to pursue an MBA should align with your long-term career goals. Whether in India or abroad, an MBA can be a stepping stone to a successful career in management.
Quick Links to know the affordable MBA abroad for Indian students:
MBA aspirants can do the MBA programme at any of the top universities available in countries such as USA, UK, Canada, Australia and France.
Yes, an MBA obtained from India is typically acknowledged and accepted internationally. However, the recognition can vary based on the particular institution and the country’s regulations.
Students can apply for the MBA programmes abroad based on certain eligibility criteria and the MBA abroad course fee ranges from Rs. 25 lakhs to Rs. 50 lakhs.
Yes, with a 99 percentile CAT score, you have a good chance of receiving a call from the top IIMs (including BLACKI - IIM Bangalore, IIM Calcutta, IIM Ahmedabad, IIM Lucknow, and IIM Indore) even with a relatively average academic profile like 8/7/8, despite lacking extracurricular activities; however, your chances will be significantly boosted by a strong performance in the Written Ability Test (WAT) and Personal Interview (PI) rounds where you can showcase your strengths and potential beyond just academics.
Hello there,
Congratulations on securing a C-CAT Rank of 803 in Category II (A+B) ! With this rank, you have a good chance of securing admission to reputable institutes for the PG-DAC course .
Institute Options Based on Your Rank:
Based on previous cutoff trends, here are some institutes you might consider:
Sunbeam Pune
: Typically accepts ranks below 650. While your rank is slightly above this, it's still worth considering due to possible variations in cutoffs.
IACSD Akurdi Pune
: Generally accepts ranks below 1500, making it a viable option for you.
Sunbeam Karad
: Accepts ranks below 1100, which aligns well with your rank.
VITA Mumbai
: Typically accepts ranks below 1400, making it another suitable choice.
CDAC Kharghar Mumbai
: Accepts ranks below 2400, providing a comfortable margin for your rank.
CDAC Knowledge Park (Bangalore) : Generally accepts ranks below 1900, making it a feasible option.
Preference Filling Strategy:
When filling your institute preferences, consider the following approach:
Prioritize Institutes with Higher Cutoffs
: Start with institutes that have higher cutoff ranks than yours to maximize your chances.
Consider Location and Facilities
: Factor in the institute's location, infrastructure, faculty, and placement records.
Backup Options : Include a few institutes with cutoffs comfortably above your rank as backups.
Suggested Preference Order:
IACSD Akurdi Pune
Sunbeam Karad
VITA Mumbai
CDAC Kharghar Mumbai
CDAC Knowledge Park (Bangalore)
CDAC JUHU Mumbai
YCP Mumbai
MET Mumbai
CDAC Electronic City (Bangalore)
CDAC Hyderabad
Important Considerations:
Cutoff Variations
: Cutoffs can vary each year based on factors like the number of applicants and their performance.
Stay Updated
: Regularly check the official CDAC website and individual institute announcements for the most current information.
Consult Alumni : If possible, reach out to current students or alumni for insights into the institutes you're considering.
By carefully selecting your preferences and staying informed, you can enhance your chances of securing admission to a reputable institute for your PG-DAC course.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hello,
Here are some good institutes where you can apply for the PG-DAC course based on your C-CAT rank of 803:
Preference Order for Filling Institutes:
Be sure to check the latest cutoff trends for a more accurate preference list.
You can also use the CAT college predictor tool to predict which college you can get based on your rank or score.
Hope it helps !
Hi,
Based on the previous year analysis, According to your JEE MAINS percentile some of the best management colleges in which you would have chances to admission includes:
You can predict more colleges using the CAT college predictor tool
Hope this information will help you
Hello,
Yes, B Category (Management Quota) students can prepare for exams like UPSC or Bank PO. The type of admission (merit-based or management quota) does not impact your eligibility for these competitive exams.
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
Last Date of Applications- 20th February |250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row
Highest CTC 35 LPA | Median CTC 9.27 LPA | 172+ Recruiters
NAAC A++ Grade | Only Indian University member in the Global Liberal Arts Alliance
National Level Entrance Test | Recognized by Over 200 Top B-Schools across India
India’s first Urban Multidisciplinary University | Case-based pedagogy