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Networking

While it is not uncommon to find IIM alumni in senior positions in global organizations, Indian schools can't match the reach of some of the well-known brands like HBS,
GSB-Chicago and Wharton. What makes the comparison even worse is that some of these schools have been in existence for well over a 100 years churning out nearly a 1,000 MBAs each year.

It is simply to be part of this elite network that draws many to global MBA programs. A big global MBA brand opens doors anywhere around the world but Indian brands are yet to graduate to a global level.

All this of course comes at a cost. Not only can the total financial costs be well over a 5 to 10 times as much, it involves uprooting yourself from a place where you have your family and many other attachments. The decision to go overseas is increasingly becoming more difficult to evaluate for some as top-ranked employers converge in ever-growing numbers on Indian campuses to lure the best students away on salaries that match those offered at the best schools elsewhere in the world.

However, the returns on investment from an MBA overseas continue to be extremely rewarding for most: a new career, a new country, new opportunities and excellent learning opportunities.

Concluded.

Atul Monga graduated from London Business School with an MBA in 2005, and currently works in the transaction support space with a leading professional services firm. Prior to that, he was with the Kotak Mahindra Group, and also spent time as an independent advisor. He has been counseling international MBA candidates for the last several years, answering questions relating to the GMAT, international MBA programs and careers. He is active contributor at CoolAvenues and Moderator of CoolAvenues' GMAT Forum.