Study Abroad: MBA in the US

If you can afford it, an MBA from a business school in US will change the way you work and live

The most coveted degree in India is certainly Master of Business Administration or MBA. While the management schools in the country are certainly at par, they still have not been able to give a serious competition to global business schools. Moreover, extremely high paying jobs after a degree in business administration from global schools allure Indian students to try their luck abroad. But the investment is so high that a foreign degree in management should be pursued keeping in mind that any failure to land a good job can put you in trouble. Nevertheless, top business schools of the United States of America give students a flying start and hone their skills that help them become business leaders.

USA
America is one of the most sought after business school destinations. Most of the top business schools of the world are from the States in any world ranking.

The advantage of doing an MBA from USA is that students get strong infrastructural support, great internships and an exposure to latest content and technology besides practical training through projects. Exposure to the real world business environment during internships in top companies grooms students into entrepreneurs and business executives.

Some of the outstanding b-schools are mentioned below:
•Booth School of Business, University of Chicago
•Harvard Business School
•The Wharton School of the University of Pennsylvania
•Kellogg School of Management, Northwestern University
•Stanford Graduate School of Business

It is not easy to get enrolled in any of these business schools. Quality work experience and excellent academic record is a must. Most schools offer two year MBA programme as well as PhD in various fields of management.

GMAT
Graduate Management Aptitude Test is commonly used for admission to most business schools of USA as well as many other business schools across the world. It is advisable to check the website of the particular school before taking any test as different schools use different tests. GMAT tests the basic verbal, mathematical and analytical skills of the applicant.

TOEFL
Test of English as a Foreign Language tests the English knowledge of the applicant. It is essential for any foreign candidate to take this test before getting admission to international business schools. The score is valid for two years and it tests all potential areas of the knowledge of English language.

IELTS or International English Language Testing System is another English language proficiency test that is popular among students and is recognised by more than 6000 institutions in more than 135 countries.

Options
It is essential to analyse the options before you while choosing the b-school. If you have cracked Common Admission Test and have offers from Indian Institutes of Management or from a school like Indian School of Business Hyderabad, then it is best to stay in India as these schools have become centres of excellence in management education over the years.

And if you have the resources and have cracked GMAT then you should definitely opt for a global MBA.

In case you have to decide between an average Indian business school and a not so famous European, Australian or American b-school, then certainly go for the latter. Management education in the West is still the best and will teach you the nitty-gritty of the corporate and businesses in the most practical and comprehensive manner.