First of all thanks for article... the information is useful and can make one to think..the comparison you gave is good one but it does not give clear pictures... now a days MBA is looked as career switching option and a even some are doing reMBA from reputed colleges ... looking at the market I guess one should go for International MBA but the cost and ROI is the matter of concern... so the big question is should one go for a international MBA and invest so much should one go for such a high Risk and opt for career switch ?
RE:MBA Calling
by MyEIdentity on Oct 26, 2007 12:06 AM Permalink
Hi Kailash. Thanks for your feedback. To answer your question, I think finally everything boils down to the same old adage - "The more the sugar, the sweeter the tea". Having said that, there are plenty of reasons for people NOT to go for an overseas MBA. One reason you have already mentioned, the cost. Apart from the pain of logistic issues, one very important reason is the present state of Indian economy due to which every year B-School salaries are breaking their own records. The balance of demand and "quality" supply is way tilted towards the former. About reMBA, I think the same argument as part-time MBA holds good here as well, the industry buy-in aspect which I think is one of the most important parameter of decision making process. HTH. Amit
RE:RE:MBA Calling
by MyEIdentity on Oct 26, 2007 12:16 AM Permalink
A word about career switching, I'm not sure if you are aware but it is arguably not so easy to make a sudden shift to the two most "happening" areas of consulting and iBanking unless you have considerable prior experiance in the related field, and I'm only talking from a executive MBA perspective. This is because of two important reasons: Firstly, both these industries prefer people with less experience, and secondly a majority of more experienced people themselves don't prefer it lest they lose their number of years of experience by starting afresh...
