MBA in India
India is a cultural and traditional country. It has evolved recently from a agricultural based economy to one of the top destinations for quality human resource. In the past, the general impression may have been of the land of snake charmers. Off late, there has been a huge transformation in the last couple of decades. This change took place after the opening up of the economy. Sure, there are areas that are not much developed and failed to keep up with the mainstream, but this would be true of scores of countries all over the world. Some may consider the education system of India to be of low standards, but the truth is that the school level education is one of the strongest in the world, though the higher education in some fields leaves a lot to be desired. People from the country have been moving to more developed countries and are considered at par with the best. Having done their MBA in India, they are competing with the best all over the world.
MBA in India
The above-mentioned situation is partly true, but does not convey the true picture. India is one of the safest countries for residents and non-residents. People from various countries like South Korea, Japan, Africa etc come to India for pursuing higher education. The biggest advantage of pursuing any degree in India is that the cost of living is very low. In the developed countries one has to pay more for the living expenditure. The cost of living is in addition to the college fee. From the financial angle, doing MBA in India is much cheaper compared with countries like US, UK or Australia. An MBA in India may be cheaper in comparison, without lowering the value of the MBA.
Another point for which residents and non-residents should look forward to pursue their MBA in India is that most of the top colleges in India have gained an unmatched recognition all over the world. The Indian Institutes of Management (IIMs) are world-renowned institutes. Apart from this, the colleges never suffer from shortage of funds like many other top colleges in various countries do. Many capitalist and industrialist sponsor capable and talented students and help them attain degrees in these reputed institutes. The top business houses naturally accord priority to those who did their MBA in India as he would have a more practical and realistic exposure to the real life situations, as compared to somebody else who would have only theoratical knowledge. Each and every country has situations unique to its area, and therefore a student having done MBA in India stands a better chance for a decent salary package in the country itself.
In addition, the unique feature of MBA in India in top branches of IIMs is that the institute arranges funds to sponsor a noble idea or an initiative in the field of business or social working. The capitalists invest on the idea and bring the idea in to implementation with experienced guiding and proper planning.
They provide an exceptional platform for the candidates to transform the clay in their hands to any mould of their choice. This can be the biggest motivation and encouragement given from the management’s behalf to promote innovation and creativity amongst their students.
India is now no more a dirty and a filthy place as the metropolitan cities have attracted lot of foreign investments and are generating quality employment opportunities. The education at the primary level might still be considered below standards but, the education at the Master’s level has always been a milestone to top colleges all over the world. Top giants like facebook, eBay, Amazon, PayPal are coming down for campus recruitment, which clearly shows that an MBA in India can open up vast opportunities in the corporate world.
India is on the roads of development thus, it is an excellent choice for the candidates of countries who are struggling with the threats of recession. The Government of India promotes the interests of foreigners and has made visa rules and regulations a lot flexible. The education cost is affordable but, getting a seat in top colleges of India is not a cake walk. This is evident as the GMAT score required to acquire a seat in a reputed college in India is seven hundred. Whereas, minimum GMAT scores of top colleges of U.S.A and U.K, might range from five hundred to seven hundred. It also shows that the business schools are serious about the quality of their education, and doing your MBA in India can catapult you in to a bright and shiny career.
Top MBA Colleges in India
- IIM Ahmadabad, Vastrapur, Ahmedabad, Gujarat 380015, India, Phone: +91-79-6632 3456
- Indian School of Business, Hyderabad & Mohali, India, Phone +91-40-2300 7000
- IIM Bangalore, Bilekahalli, Bannerghatta Rd, Bangalore, Karnataka 560 076, India, Phone:+91 80 2658 2450
- IIM Calcutta, Diamond Harbour Road, Joka, Kolkata, West Bengal 700104, India, Phone +91 33 2467 8300
- Faculty of Management Studies, University of Delhi, Malkaganj Marg, University Enclave, New Delhi, 110007, India, Phone +91 11 27666517
- XLRI School of Business and Human Resources, Jamshedpur, Circuit House Area, Sonari, Jamshedpur, Phone – +91 657 665 3333/ +91 657 398 3333
- IIM Indore, Prabandh Shikhar, Rau – Pithampur Road, Indore, Madhya Pradesh, 453331, Phone +91 731 243 9666
- Narsee Monjee Institute of Management Studies, V.L. Mehta Road, Vile Parle West, Juhu, Mumbai, Maharashtra 400056, Phone +91 22 2613 4577
- Management Development Institute, Gurgaon, Mehrauli Road, Sukhrali, Gurgaon – 122 007, Phone + 91-124-4560000
- IIM, Kozhikode, IIMK Campus P. O., Kozhikode, Kerala, 673 570, India, Phone +91-495-2809100