Intern
Joined: 11 Feb 2013
Status:Busy doing nothing
Posts: 4
Location: India
Concentration: Marketing, Entrepreneurship
GMAT Date: 07-18-2013
GPA: 3
WE:Engineering (Computer Software)
MBA abroad...is it out of reach for the middle class indian?
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26 Mar 2013, 04:51
I'm an Indian working in the IT sector. I'm from a middle class family. I know i can't ask my parents to help out regarding funding my MBA. I'm working for almost 3 years now and don't have too much to show as savings. I want to have a global experience in my career. I believe this will start with an MBA abroad (this is just one of the reasons). My undergrad GPA is not that good.
Needless to say, i'll have to depend entirely on loans/scholarships (if im eligible) to fund my MBA. Now in a place like US, the amount of money needed is MASSIVE! If i manage to get through the admission process at a top tier school in the US, should i just forget about doing an MBA there? Only becuase i cant afford it? From where im looking from, the ROI (provided I do well and secure a job) is pretty amazing.
Is fees a reason thats holding back lot of deserving people from doing an MBA abroad? That's just unfair!
So my point is, if i don't have enough money, should i just forget about a US MBA and look to do it in India (when i prefer the US)?