It all boils down to individual expectations. IIM/ISB have their own charm and is indeed the best option for people who want to stay/work in India and be a part of the growth story. There are people who want to work in India -some guys in ISB/IIMs have their MS from US and have worked in US a few years. On the other hand there are people who want to work in international locations and so they get degrees from US/Europe.
Yes, from the RoI point of view no doubt IIMs are quite good if one wants to stay in India and that is the reason why possibly a lot of Indians prefer doing their MBA from ISB even if they have admits from top business schools in the US or Europe.
Yes, from the RoI point of view no doubt IIMs are quite good if one wants to stay in India and that is the reason why possibly a lot of Indians prefer doing their MBA from ISB even if they have admits from top business schools in the US or Europe.
Really ,does that happen ? I mean why would anybody want to let go for a global brand like Wharton or INSEAD and go for local schools like ISB or IIMs ?
hustler22
Re: 720(Q-48,V-40) after 7 long treacherous months! [#permalink]
Congrats on the great achievement. Your story is inspirational . To pull up a score of 720 given that you had 480 on the diagnostic test is commendable.
shovitdhar
Re: 720(Q-48,V-40) after 7 long treacherous months! [#permalink]
Really ,does that happen ? I mean why would anybody want to let go for a global brand like Wharton or INSEAD and go for local schools like ISB or IIMs ?
A variety of reasons come into action.One usually has to stay back in the US after completing his MBA because the sheer amount of loan will make you stay back so you will have to live in the US for say 2+4 =6 years .Many people don't want to stay abroad for that long duration-parents,marriage,kids etc so for those people ISB and IIM PGPX fill the gap.
Really ,does that happen ? I mean why would anybody want to let go for a global brand like Wharton or INSEAD and go for local schools like ISB or IIMs ?
A variety of reasons come into action.One usually has to stay back in the US after completing his MBA because the sheer amount of loan will make you stay back so you will have to live in the US for say 2+4 =6 years .Many people don't want to stay abroad for that long duration-parents,marriage,kids etc so for those people ISB and IIM PGPX fill the gap.
I was reading somewhere that the average loan repayment time of an MBA graduate from a top business school is around 5 years so one would need to stay back in the US for that duration I think.
hustler22
Re: 720(Q-48,V-40) after 7 long treacherous months! [#permalink]
I was reading somewhere that the average loan repayment time of an MBA graduate from a top business school is around 5 years so one would need to stay back in the US for that duration I think.
Yes, it only makes sense for one to work sometime in a country abroad. The benefit of that is not only in terms of the earning but in terms of understanding and appreciating the work culture of that country. How it helps later is that when you come back to say India and work in some company and you have some client in the US, the organization will be more than willing to give you the opportunity to work for those clients as you understand their psyche and culture better and can connect to them really well.
gmatsamurai07
Re: 720(Q-48,V-40) after 7 long treacherous months! [#permalink]
Yes, it only makes sense for one to work sometime in a country abroad. The benefit of that is not only in terms of the earning but in terms of understanding and appreciating the work culture of that country. How it helps later is that when you come back to say India and work in some company and you have some client in the US, the organization will be more than willing to give you the opportunity to work for those clients as you understand their psyche and culture better and can connect to them really well.
Great insights. I totally agree. I think that working in different geographies really matures a person and allows him to bring in a lot of insights.