IIM vs Foreign MBA: Salary, placements, admissions, pros & cons
Vložit
- čas přidán 10. 09. 2024
- We compare the two for various scenarios, including the following.
- IIM 2-year MBA vs foreign MBA right after college
- IIM 1-year MBA for executives vs foreign MBA
- Executive MBA at IIM vs Executive MBA abroad
- Placements at IIM vs MBA Abroad
- Which one to choose?
Getting an H1B work visa is a challenge. But if you’re patient and persistent, you can hope to get a Green Card...in your next life.
But it doesn't matter if we get the H1B or not, as the majority would very much focus on repaying their Loans in the USA.
🤣🤣🤣😂😂😂😂😂😂
I will be having a work ex of 7 Years by September this year, and I have my GMAT exam on 1 July 24, I'm targetting IIM A & ISB.
Your insights are always helpful Sameer, Also, with humour by the side, it's fun. Thanks!
Thank you for such kind comments, Kartik! Hope you are able to crack the GMAT and get offers from all your dream schools!
Hii which country do u think currently is best for masters in marketing/digital marketing? between Ireland, France, Netherlands for a better career and job opportunities please let me know since uk job market is not good now iam looking for other great countries 😢( or can you recommend one?)
Hello
I'm a student who is currently pursuing MBA and about to select the specialisation but little confused about what to select, actually I had decided to go with marketing but got to know that Marketing is not really secure job so this made me confuse will you help me with this?
means mba in foreign is not for freshers.
Hey Mr. Sameer,
Can you please help me to know if i can go for my MIF (Masters in finance) in melbourne b school (which does not require work ex and gmat as well) if i have low grades?
Also, Is USA better than Australia for masters in finance? because as much as i've researched even for masters some b schools require work ex or gmat. i'm a little confused. But please let me know how can i get into MBS.
The market value of a degree is generally directly related to how selective it is. If it's too easy to get in, then the struggle will probably start after graduating. Also, it helps to have some work experience before starting any masters since you'll have more clarity about what you want to extract from it.
What's You view on the online Global MBA? The one's that are offered by Upgrad(IMT & DEAKIN) or Emeritus(IIM-K & UWA).
Is it worth the Money, time and Effort?
Not sure about these specific courses, since don't know much about them. But as a general rule, the market has traditionally valued selective and rigorous degrees. What are your expectations from the course? Do you know of others who've taken the course and have had the same expectations met?
Thanks for your Reply.. I don't know anyone who has taken the course.. That's why I was looking for some guidance
Expectation is understanding of the business and career path in management roles
For ex. IIM-k and UWA, I see the institutes are highly valued, but they claim the effort required is little less compared to traditional ones.. also it cost half compared to IIMK's EPGP
@@loganathanv8426 If you're simply looking for a course to understand business, you could do that for a few thousand rupees. We price our Mini MBA online course at $49. However, this will not get you a career change that a full-time, selective program can. And the career path is something you can learn by talking to people in the industry. It will not be covered in any academic course.
Sir, should i go for a CFA(NO MBA) or MBA from a tier-2 college??
Sir, i am currently working as FP&A analyst, starting a year back. I got this placement from my college only.
But after working for 1 year i have realised that FP&A is a tedious job and the majority part in FP&A is copy paste.
Also, i dont want to work in IB because of long working hours, but my company has a division also which is (Corporate strategy & Business Strategy). Now, i have lost my interest in FP&A but would like to break into strategy & Business Development.
Could you please help me how I break into strategy & Business Development. Also, how do i find entry level jobs in this role ?
The starting point would be to find out the qualifications of employees working in that division. Do most of them have a common degree or certification?
My goal is to have product management knowledge. Should I go for weekend MBA from IIM's?
Will it help me in the long run ?
Else would you suggest any other way to master in product management area .
If your primary goal is to gain knowledge, as opposed to a marketable degree, then a part-time MBA might be ok. However, if you're looking to get more bang for your buck out of that investment (e.g. a career change), then a full-time program would open up more doors. We've published several articles related to product management that would give you additional perspectives. Check them out here: www.mbacrystalball.com/blog/tag/product-management/
In indian mba, there's a separate committee for placements, which helps the students get placed after the degree completion. Is the process different abroad? If so, what's the process of it.
The process in business schools abroad is quite different, and this comes as shock to many who didn't do their research. We published an article on how it works. Check it out here: www.mbacrystalball.com/blog/2017/05/29/recruitment-international-business-school/
Is it possible to get transferred to an European division of the US company if a person doesn't get the H1B work visa?
Some big companies with a global presence do that. This includes elite consulting firms (that adopt a 'one firm' policy for hiring) that recruit international MBA students in droves. For other companies, it can be tougher since each region manages their hiring independently. It also helps if you already have a good network in the country that you want to work in. The 'pull factor' matters.
Good Day, I have completed my graduation specialized and I have 6 years of job experience in shipping field. I just wanted to know should I do MBA or Executive MBA as I have financial constraints also. I hope you will help me out on this matter.
You don't have to go for an MBA if you don't have a strong reason to do so, especially considering the financial constraints you current have.
@@MBACrystalBall Can you advise any other course which would be helpful or if there is anything else which I should be doing?
No specific course to recommend, since a lot depends on your interests and plans. We have a detailed video on dealing with mid-career crisis (which is what you're probably going through), where we talk about different ways to deal with it. Check it out here: czcams.com/video/liCQAFvPmk4/video.html
@@MBACrystalBall I didn't found anything suitable for me on your mid-career crisis video, can you suggest any other method to overcome this situation. I hope you will understand.
@@parvasthana5770 It's difficult to give quick solutions on the internet to complex problems. Talk to someone who knows you personally and has a good idea of the industry. Maybe they'll be able to suggest other options that can work.
Is it possible for a person who works in an US company to be transferred to Dubai at the same company after the Visa is over?
Some companies allow, and in fact actively encourage, it. Others may operate as silos with limited talent movement between regions.
Your HR team should be able to confirm whether it's a possibility. The challenge is, if it is possible, there'll be a long queue of employees fighting to get there.
Sir please tell how easy or hard for indian mba grads to get international jobs after more or equal to 5 years of experience? It completely depends on the individuals whether he or she want to move or international country or company had equal amounts of respect like any other Top US or Global bschools ? Or International companies avoid Indian mba grad bcz of visa and citizenships sponsorship bcz most middle class can't afford international degree , even they can't afford Indian MBA bcz of High fees, loan is the only options, please tell yours insights how Indian MBA grad let say Top 25 Schools of India, can get job in countries like Dubai, Singapore, South Africa, EU nations, Australia &New Zealand or US , after 4 to 6 years of avg work exp in india
Getting a job in a different is quite hard, for ALL international students, not just Indians. And you mentioned the reason for it - the additional step of applying for a working visa. Most big companies who have been recruiting top MBA grads already have the process and system in place to do this. The smaller companies don't. So it's important to target those companies. Many are in consulting, technology and finance. There are leaders in other industries too.
For an Indian MBA grad to get a job abroad is even more challenging. If you look at the international placements at even the most elite bschools in India, you'll see a very small proportion going abroad.
Those nuances make it a tricky decision to choose one over the other.
I've received an admission offer from NYU Abu Dhabi for their upcoming one-year MBA program, which is set to commence in January 2025. Could you please let me know your thoughts on it considering its costs and potential opportunities?
As a general rule of thumb, the power of a brand works the best in the original location. Satellite campuses can work if they've been around for a long time and there's a proven track record of successful alumni graduating from that new campus. If not, there can be a big expectation mismatch.
You must've done extensive research on it before applying. What does your research say?
@@MBACrystalBall Thank you for the response. I applied for two reasons, one because of its experiential learning programme, which would give me an opportunity to meet local businesses and second because of the location, Dubai/Abu Dhabi is a global market and hence I would benefit from a global experience. It does not have any history so hence wanted to know your opinion.
We don't know much about it, as most folks working with us target the well-established, top-ranking programs. There's a much bigger risk joining new, unproven programs. Considering the fees involved, most are not comfortable taking on that risk.
Also with the recent Indian deaths in the USA, should we think twice before going to the USA for studies? Because the only reason students go to the US is because of the fact that India is a bit backward because of its societal thinking. Plus the pay in the USA is enough to get you a well furnished apartment for rent in the US, but the same can't be expected from India even if we get a 2.5 lakh per month as salary.
No country is perfect. When you decide to choose a new home (or stay in the original one), that decision comes with the good, bad and ugly. It's up to you to decide what's acceptable and what's not. International student deaths get talked in the media, because they are exceptions. If the scale of such bad news increases, then of couse, there's cause of serious concern.
When does gmat take place ? How long preparation does it need ? When are the next intakes of foreign bschools
There's no fixed date for GMAT. It happens across the year. You have to book an appointment with the nearest test center. We have a detailed video on GMAT. Check it out.
@@MBACrystalBall what about regarding the intakes
@@Damnking12345 There's generally one intake for most programs, in fall. Admissions start a year in advance and have 3 rounds.
@@MBACrystalBall do u have a detailed video king
Our channel is dedicated to such topics. Spend some time exploring it, you will gain clarity on all the key aspects of applying to international MBA programs.
Hello
I'm a student who is currently pursuing MBA and about to select the specialisation but little confused about what to select, actually I had decided to go with marketing but got to know that Marketing is not really secure job so this made me confuse will you help me with this?
What was the rationale for selecting marketing? Why do you think marketing is not a secure job?
@@MBACrystalBall selecting marking because I like to talk with different people and acknowledge about the personalities and thought of 'marketing is not secure' because so many marking manager are there who can do freelancing and can get paid for particular project which is also beneficial for companies coz they can hire them for their projects which is not make them permanent employee of any firm
You'll find freelancers in every field, not just marketing. Companies hire permanent as well as project-based/contractual freelancers depending on their requirements. Talk to a few senior who are working in companies in full-time jobs. Ask them what they like and dislike about it. You'll get a better picture on whether it's the right career option for you.