Hey
vaishnavi2209,
It seems like your're in the research stage of the application cycle. I will be happy to help you out with your queries and tell you about some ground rules that you consider to get into a top school.
- Firstly, about the Value of MiM in India :You have mentioned that you would like to relocate after working for a couple of years in Europe. This is a good strategy and if you stick to the plan, you will find decent job prospects in India.
By rule of thumb, always aim to study in a country where you want to work in the future. Your job prospects in India will depend upon your degree + 2 year work experience.
Pros and Cons of MBA from IIMs in India vs MiM from Europe :
First things first - An MBA from IIMs is not considered to be an MBA globally. Globally, MBAs need a work experience of 3-5 years, and IIMs being a pre-experience masters is bucketed under " Masters in Management" by International recruiters.
Very honestly, listing down the pros and cons of the two schools is a very linear and somewhat skewed approach to compare IIMs and HEC Paris.
This is because studying abraod and studying in India is like comparing apples to oranges,so you need to first decide on what kind of experience you are looking for. So rather than pros and cons, I will give you a comprehensive comparision of both the degrees, so that you can narrow down your decision in the most tangible way possible.
There are 3 key factors that you need to consider while finalizing your school:
Reputation of the school
School Resources
Willingness to learn a new language
Type of experience you are looking for
Your preferred work location
Now, let’s break up the decision making process the first 3 factors will somewhat give you clarity on where the schools stand in comparison to each other while the last two factors are the deciding elements that will help you make the decision.
Reputation of the school :
There is hardly any point debating about the reputation of IIMs and HEC Paris. Both schools are enjoy an excellent reputation in India and Europe Respectively.Ranking wise, HEC Paris ranks much above IIM A, but again you should never base your choices on rankings alone.
Resources of the school ( electives, specializations, corporate tie-ups,etc) :
As I mentioned the learning pedagogy of the schools will differ vastly. So check the curriculums of these programs thoroughly, and see which school offers you the best mix of electives, specializations and networking opportunities that align with your long term career goals.
Willingness to learn a new language:
If you are going to pick HEC, it is strongly recommended that you learn the local language, especially if you are planning to continue in the consultancy sector after your masters. A B1/B2 level of proficiency is needed for any client side profile like consulting, marketing and operations.
It is perfectly fine if you don’t know the language while starting the program, you can use the program duration to gain a proficiency ( as most international students do).
If you are going to go with IIM A/B, language is not a constraint.
Finally, Below are the 2 deciding factors that will help you finalize your school.
If you are able to answer these two questions, you will more or less know which school fits you better.
The Type of experience that you are looking for:
While all 3 schools are at par when its comes to reputation, the experience and the learning pedagogy is vastly different. Studying abroad is a whole new ball game altogether, gives you exposure to diverse cultures and pushes you out of your comfort zone.
So you need to think what kind of campus experience you are looking for.. Once you answer this question, you will be super-clear on which school you are more inclined to pick.
Your preferred work location:
When it comes to master’s programs, by rule of thumb, you must always study where you want to work in the Future.
If you want to work in India, the reputation of IIM A/B is pretty much unchallenged and either school is a great option.
However, if you want to work in Europe, HEC Paris is way to go,
Hope this helped, good luck!
P.S. If you are looking to analyze your chances at both of these schools, I would suggest you to take up this free profile evaluation here:
https://mim-essay.com/profile-evaluation?gcf 
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13 Dec 2018, 05:07
