I like how you approach it and you definitely deserve kudos for thinking this through!
abhaynidhi17
Thanks for the prompt reply.
Well IIM-A is certainly ranked one in India nd thts why the confusion. In India, post-MBA job wont be a problem for sure. But I have doubts about the ROI....even if I take the living cost variances in India nd Italy/Europe and compare the savings...i will definitely save more in Europe...
But that doesn't take away the fact EU visas are always a bit of problem. And that's the risk I am sure I have to consider.
And since I cudn't get into LBS or INSEAD or HEC or Oxford or Cambridge....SDA became the only EU option.
So it actually boils down to:
1) The International Repo....does IIM fair better than SDA?
I think it will be tough to transition to Europe or elsewhere after you graduate from IIM in general, so this question is not very relevant.
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2)Post MBA placements - Is the job market in Europe really bad, coz SDA's placement reports suggest otherwise?.
Don't know really as most folks here are eyeing the US market; what is helpful to see is how many people stayed in Europe who did not have a Visa/Work permit. Sometimes schools paint a very rosy picture of everyone finding a job, and if you dig in, you actually see that Europeans found jobs in Europe, Americans in the US, and Indians.... in India. However, if the employment report suggests/shows strong job potential for international applicants, I see no reason to doubt it.
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3) Long term benefits of school reputation...Does the school reputation really help after your first MBA job?
Yes and No. What happens though is that many MBA applicants change their jobs the first year. This may no longer be the case with the current job market where offers are juicier and options are wider, but in the previous 5 or so years, many people got a job to get a job, and then kept on looking and switched within a year. However, once you have been in a job for a few years, it is all about your performance and usually you get a job offer/get noticed because of that. Usually by that time you have a network you depend on, and you don't need your school's reputation to help you out, but it does not mean it won't when it comes to resume-tossing phase.
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4) Higher strating point nd perhaps lesser competition....If u r in Europe nd trying to move somewhere else, wouldn't it be easier as compared to being in India and trying to move somewhere else?
Yes, Absolutely. If you don't go to SDA, I think chances of moving are much less and would mostly be a corporate transfer type of thing
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Similarly, wouldnt a higher EU salary help me demand higher salaries , lets say if try and move to US or Singapore?
I don't know about Singapore but in the US, it is a bit challenging to score a job without a work permit and not being in the country. If you want to work/live in the US, you go to school in the US, and if you want to be in Europe, you go to school in Europe. Very hard otherwise. Keep in mind that higher EU salaries are taxed much higher than in other countries. In the US, you are looking at paying 30% of your MBA income as income tax. I hear Europe is even higher.
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Really I am very confused at the moment...so any advice will be much appreciated.
It comes down to - if you want to move out of India, this is probably your big chance. It has an opportunity of a greater pay off (so it seems) but carries more risk.