Is it worth spending 11 lacs in an known MBA college in Mumbai or are there better options abroad which will give better ROI
I am planning to do MBA after quitting my job at RCOM.
I have 2.6 years of work experience as service assurance manager handling enterprise customers.
I may get admission in Welingkars, but not sure as competition is high and the fees are hiked this year to 11 lacs.
I had few suggessions from friends to try MBA abroad but I am confused with ROI factor.
ANY suggessions, about institutes,whether to take admission in mumbai or wait and try for abroad options.
Replied on - 22 Oct 2019
Average salaries offered abroad is definitely higher than in India, but the Cost of Living & Tuition Fees is also high abroad. (pls check https://allegiance-educare.in/cost-of-living/). Please remember whether you pursue MBA from India or Abroad, always target a good College for better placements. A good MBA College in India, requires a good score in CAT, XAT CET, MH CET, SNAP, etc. A good MBA College Abroad, requires a good score in GMAT. I would suggest preparing for CAT, XAT CET, MH CET, SNAP, etc. for couple of years in India and get a good score rather than pursuing MBA from an average College Abroad.