As believed by the global Indian student masses, MBA is quite an expensive degree to possess. Although it seems expensive, there is nothing that can stop one from pursuing it, irrespective of the bigness of its cost. Contrary to the belief, there are MBA degrees costing comparitively lesser than the others, and moreover, scholarships are made available as well.
The number of students pursuing MBA programmes overseas have gradually increased over the past decade. Students from India go abroad to study business and commerce-related subjects to accomplish their objectives. So, this makes commerce as the most common stream by choice. The core subjects of interests vary from person to person. Howbeit, majority of the degree programme(s) offer specialisation in subjects such as finance, marketing, human resource management, operations management, general management, supply chain management, entrepreneurship, strategy, E-commerce and logistics.
MBA degree can be acquired by students with minimum of 2 to 3 years of full-time work experience. The applicants should preferably have a clear understanding of his/her future business goals and should desire to become potential managers in their respective business set-ups.
As per recent researches, top two choices of study abroad destinations point towards US and Canada, by the MBA aspirants. Accordingly, the management admission seekers would be required to give their GMAT and TOEFL tests to fulfill the primary requisites. On a general scale, GMAT scores along with the work experience would be needed for the application process.
Alongside, there has been a significant rise in the online education space, providing online MBA programmes; garnering more and more attention among the Indian students to study abroad via digital means, in order to get an additional exposure and experience in the subject.