MBA in India or MBA Abroad, this is one dilemma that has haunted MBA aspirant at one point or the other. There are many advantages of pursuing MBA in India, like getting a more grounded understanding about the Indian business environment and how businesses operate in the country. At the same time, doing MBA Abroad provides a more global and cross-cultural exposure to the students, preparing them to take upon the challenges of global economy. To help MBA aspirants understand the different facets of this debate, Prof. Rajeev Kumar from IIM Calcutta shares with us the key advantages of pursuing MBA in India as well as MBA Abroad. He also talks about the different opportunities that both the options open up for the aspirants after completing their MBA.
Benefits of Pursuing MBA in India
Students who plan to pursue MBA in India will be able to develop a greater understanding of whatever is being taught in the context of Indian businesses. Moreover, they will also have the advantage of being able to relate their classroom learning with the real life scenarios that are occurring in the Indian business environment right now. Students will also be able to have more grounded discussion about the Indian Business Environment and will be able to relate the concepts and theories that are being taught to what is actually happening in India right now.
Also, most Indian B-schools have 30 to 35 per cent of students who join MBA programmes without any work experience. Being freshers, these students bring-in their own unique perspective to the problems and cases that are being discussed in the classroom. Perspectives shared by students without work experience often tend to be out-of-the-box and offer distinct solutions to common problems, which, generally, students with work experience are unable to come-up with.
Advantages of MBA Abroad
While pursuing MBA Abroad i.e. from a foreign university, students will get global and cross-cultural exposure, which is missing in the academic culture at various Indian B-schools. Students pursuing MBA Abroad will be able to meet and interact with students from diverse backgrounds, coming from different countries and having varied experiences. Therefore, Indian students pursuing MBA Abroad will get exposed to new perspectives and also get to see how their peers, having different academic and socio-cultural backgrounds, are able to see and analyse problems. Similarly, in foreign B-schools, students, generally, come-in with certain amount of work experience, which will further add to the flavour in OB or HR kind of classes where, things are by in-large not really totally black or white. When people come with work experience then by in-large they are able to bring out what they saw happening in a company, in a classroom discussion. And, that adds to the richness of discussion in a class.
So, cross-cultural exposure, especially in today’s globalized world, plays a very important role in the success of a business manager. And that is exactly what students get when they pursue MBA Abroad.
About the Expert:
Prof. Rajeev Kumar is part of the Organizational Behaviour Group at IIM Calcutta. He also holds a fellowship from Indian Institute of Management, Ahmedabad (equivalent to Ph.D.). As a faculty at IIM Calcutta he teaches various compulsory as well as elective subjects such as Business Research Methods; Human Behaviour at Work; Designing Effective Organizations, Interpersonal Skills & Leadership. Prior to shifting the academia, he worked as an HR consultant for Hewitt Associates. Prior to that, he has also worked for 3+ years with an NGO i.e. Society for the Promotion of Wastelands Development (SPWD) in Rajasthan and Gujarat.