MBA remains one of the hottest post-graduate programs with millions of aspirants. So, if you’re planning to steer the same way, welcome abroad! “MBA” on your resume will position you for better roles in organizations and higher salary. To that, the program will arm you with inherent skills to build and scale your own business. You can’t ask for more!
But let’s address the other side of the coin…Are these promises of a better future valid for all? Do they come true for every MBA graduate? Not really!
A study done a few years back underlines 93 percent of management graduates in India are unemployable. Less than half of students with MBA degree have the right skills to be hired. It is no more a key to land jobs in India. So, while MBA remains popular, it has its other side that aspirants (and their parents) must attend to.
MBA graduates in India don’t get paid a lot. For instance, the average salary of an MBA (Finance) in India is INR 678,000 PA. For MBA in HR and marketing, it is INR 603,000 and INR 752,000 PA respectively. In comparison, the aggregate average salary for MBA graduates in the US is $134,991. The average salary of MBA jobs in London is £57,500.
So, while MBA will certainly help your career grow and aid you in your dreams, where you do your MBA from matters a lot. Doing MBA abroad, from a good university, assures you of greater returns. If you’re in the planning or preparation stage, consider getting admission to renowned business schools in the US, UK, Australia or Germany. Studying abroad isn’t as expensive as is assumed. Read this: Studying Abroad is Not Expensive Anymore
After doing your MBA abroad, you can either look for jobs in the same country or return to India. Either way, you can find plenty of jobs in different verticals, based on your specialization – right from human resources and marketing to finance and operations.
Back home, with MBA degree from a college abroad, you would have more weight in your portfolio, which will subsequently unlock you plenty of incredible opportunities, including top management roles and higher salary. You can also create your own startup. With the right qualification from a reputed business school, raising funds or attracting angel investors would be relatively easier.
For more opportunities and higher career growth, you can also move to different countries where you’re more likely to get a high-paying job if you have completed your MBA from a top business school abroad.
In all, MBA is popular – and it can take your career to newer heights. But it all depends on where you get your management degree from. Doing MBA from globally renowned business schools promises you better professional and personal growth. In contrast, doing this course from some less-known or less-reputed university will negatively affect your employability and career prospect.
Well I really enjoyed reading it. This article offered by you is very constructive for accurate planning.
Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. It extremely helps make reading your blog significantly easier.
Goߋd pоst. I definitely appreciate tһiѕ webѕite.
Kеep it up!
I just like the helpful information you supply in your articles.
I’ll bookmark your blog and take a look at once more here
regularly. I’m reasonably certain I’ll be informed many new stuff proper right here!
Good luck for the following!
Keep on working, great job!
excellent put up, very informative. I wonder why the opposite specialists
of this sector don’t notice this. You must continue your writing.
I am confident, you have a huge readers’ base already!
I’m gone to say to my little brother, that he should also go to see this
webpage on regular basis to get updated from most up-to-date gossip.
I am regular reader, how are you everybody? This article posted at this
website is actually pleasant.
I am actually grateful to the owner of this site who has shared this impressive piece of writing at at this
time.
I am sure this post has touched all the internet visitors, its really really good piece of writing on building up new webpage.