Education is not limited to geographical boundaries, the learning process is life-long and teaching new things is more vivid. There are a wide array of college options which are available nationally and internationally for students who would like to pursue their MBA degree. One should be very particular and wise while choosing an MBA program. At different point of times you might have read multiple articles based on different criteria like cost, career opportunities etc. between international MBA and domestic MBA.
But we have tried to assist you with your decision by presenting a distinct comparison between a One year MBA degree abroad vs. Two years MBA in India.
In Indian MBA colleges, applicants do not require to have any prior work experience before joining the course. While the international colleges primarily ask you to ink down your work experiences in their application forms. So graduates from any stream, with less or no experience can pursue this professional degree in India which will not be possible at universities overseas. The reason why the colleges overseas look to admit candidates with more years of work experience is because they believe such candidates are more accustomed to adapting to the rigorous schedules of the MBA program when compared to freshers. The main system of studying in these MBA classrooms occurs in the form of interactive discussions among peers where they get to share their real life experiences. They also get to work on a lot of case studies which once again requires candidates to have sufficient years of work experience. Through this method of studying candidates tend to have greater exposure since they get to interact with students from diverse backgrounds and experiential learning is certainly more beneficial than textbook method of studying.
An Indian MBA degree is long drawn out, as the complete duration for the MBA program is two long years. Working professionals may not find it worthy enough to spend two valuable years to acquire a specialised master’s degree. Quitting your job and going back to study at a b-school for 2 years may be cumbersome for them, so this is they reason why sometimes they prefer an MBA degree from abroad. The shorter duration, the quicker way to acquire the coveted MBA degree, the endless job opportunities you may gain etc are some of the alluring factors which make students opt for an MBA from overseas. On the contrary, if you’re a fresh graduate, you should opt MBA schools in India as they will teach you the basics of management concepts which is necessary for any management graduate. While the working professionals already possess a very good knowledge of corporate administrations and hence may not require such a thorough explanation. They will be able to learn in a quicker manner and through interactive group study sessions rather than textbook explanations.
The two year MBA course in India comprise of a specific study plan. For example, the first year of the course is designed in such a way so that it gives one a fair idea about management. Hence students study the minute aspects of the management studies. And in the second year, they opt for specialised/optional subjects and gain mastery in the same. On the other hand, the one year MBA course abroad comprises majorly of project and research based learning. As already mentioned the MBA programs overseas admit candidates who have a minimum of 4-5 years of work experience. Such candidates would already have enough exposure towards how corporate life functions and also be able to contribute appropriately in classroom discussions. This way of learning helps the students to learn through interacting with their peers and comprehend solutions from real life situations.
In India, after completing the degree, the college administration supports and assists you with regard to placement opportunities. This means that you may be in a safer zone to secure a job from the specific domain you have studied. Whereas in the case of a MBA from overseas universities do not promise placements. The students will have to find jobs which suit their caliber. They will have contacts with their alumni which may provide them with good networking opportunities. Alternately there are also many job fairs which are conducted and you will be able to visit the same to be able to secure job offers or to understand the current employment scenario abroad.
Therefore to conclude an Indian MBA degree is more suited for fresher’s primarily who would want to kick start their career right from the managerial designation or who want to establish themselves as entrepreneurs. Meanwhile, an international MBA degree is for professionals who want to hone their managerial skills or want to switch the domain in which they are currently working. It is essential to consider your career and then opt for an MBA program which suits your career ambitions.
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