once one has graduated, one question that often pops up in his mind is wats better 4 higher education... india or abroad? here's a piece of mind...
Higher Education! Just a couple of words set ablaze, the already ignited young minds. But they don’t know that thinking forward there is big plight!
“Higher Education in India OR Higher Education Abroad?”
My take on the situation is not very suave, but isn’t very constrained either… I will try to tell you what your options are… and compare them in brief. Higher education put in short is an extremely exciting yet, mostly unexplored territory for most of us. India though not left far behind other advanced countries in the field of higher education, we lack something’s which they are good at, and we do some things they cant even dream about.
Lets first take on the Higher education abroad… It is a sweet dreadful pill, which most people now are willing to take. Before embarking on a higher education abroad the first hurdle most people face is entrance exams, rather benchmarking exams which are necessary to secure an admit.
GMAT (Graduate Management Aptitude Test)
GRE (Graduate Record Examination)
TOEFL (Test of English as a Foreign Language)
IELTS (English Language Proficiency test)
These exams not only work as avenues for education abroad, but they also decide where you go. Now depending on the country and course you take up, the expenses and future after graduation vary. However, USA, Australia, UK, Canada continue to remain the most favorite destinations of international students.
USA, has a distinctive advantage, because of its evergreen economy and plush international culture, lifestyle is THE most sought after place. Also the prospects of getting a job after Higher education remain to be very high in the US.
Higher Education in India however, is still in its maturing stages. We have no dearth of technology or expertise. The quality of the graduates who pass out from these institutions is extremely good. On the other hand the Job market in India is also flourishing because of the fast growing nature of the Indian economy. However as far as academia goes, the Indian higher education system is still to make its mark. There is strong scarcity of quality research being made, or international papers being presented, or patents being applied for, or for that matter, Lack of international exposure to this ages old higher education system, has only made it increasingly difficult and less exciting for students, who are already in a plethora of problems whilst they are thinking of Higher education in India.
The elite IIM s or the IIT s and other Ivy institutes form a major chunk of Indian higher education system as far as the name goes. However, the number of people who get admitted to these cream institutions is really less as compared to the numbers who apply.
This causes fierce competition & birth of world’s outrageously tough admission process.
Some of the Exams Include –
CAT – Dreaded & Embraced by the most, this needs no explanation.
GATE – Engineering Higher education
SAT, NET, XAT... and the extremely tiring list continues…
But still India's production of professionals is enormous. With over 300 universities and 15,600 colleges spewing out 2.5 million graduates each year, in terms of the volume of production India trails behind only the US and recently China.
recent evaluation of universities and research institutes all over the world, conducted by a Shanghai university, has not a single Indian university in the world's top 300 - China has six.
The Indian Institute of Science, Bangalore, comes in somewhere in the top 400 and IIT, Kharagpur, makes an appearance after that.
Praise or blame, this is what we have, however, as far as the cost goes, India has an equivocal advantage… Nobody let me repeat, nobody can match cost advantages that India gives in terms of Higher education. However, now the pictures are changing. The costs are increasing alarmingly…the other advantage, which we have is, the familiarity to the Indian scenario, which is better for getting work locally! Also, since we get to be the part of growing Indian economy its exciting to stay here, and continue to witness and learn from the growth.
It is out of scope of this article to compare each and every course. But being a management student myself, I would like to throw some light on the management scenario…
An Indian MBA is a great way to put your career on fast track. Top business schools in India, IIMs, XLRI, FMS and Bajaj, are best when it comes to all round development, or the placements which offer great salaries... However the effort required to clear the entrance tests can be daunting, often leading to frustration, however that’s a price today’s youth are willing to pay!
An MBA abroad is great but is not necessarily a better option.
MBA in the lesser known schools in UK, Australia and Canada may not be worth the effort. You would end up spending a lot of money and may have to return to India for a job that requires you to compete with MBAs from the top schools in India. Indian companies are likely to prefer an Indian MBA to an MBA from a lesser known university abroad. However, we cannot ignore an increasing number of Foreign players in Indian markets who realize the better value.
An MBA abroad can cost anywhere between $120,000 in the top international schools to about $30,000 in the mediocre schools. An Indian MBA on the other hand can be obtained at a fraction of this cost. This is one fact where no one can compete India. Hats off to the price difference
While you may find the CAT and other Indian MBA entrance exams daunting, an admission in a good MBA programme abroad comes with its own set of challenges. You will need a high GMAT score, take the TOEFL, fill out multiple applications, write essays for each application, arrange recommendation letters and official transcripts. 5-6 months of study could get you admitted to an MBA programme in India. Applying to a good school abroad could take about a year to complete. However, application process in India is not as difficult, except for the difficulty of the Entrance examination. But again take is all yours, as MBA abroad can be multifold beneficial to a truly brilliant person, who looks for global exposure.
4-5 years of good work experience is necessary; top academic grades, international experience, extracurricular involvement are absolutely necessary. However, it is possible given your strong desire and ability to succeed, and the returns are wonderful both on the professional side and on the monetary side…
However International MBAs would change your life forever, and work towards making you a true global professional, only if you have the desire… And Indian MBAs would still work great…
The pick is all yours… After all your future belongs to yourself… doesn’t it? :SugarwareZ-064:
Higher Education! Just a couple of words set ablaze, the already ignited young minds. But they don’t know that thinking forward there is big plight!
“Higher Education in India OR Higher Education Abroad?”
My take on the situation is not very suave, but isn’t very constrained either… I will try to tell you what your options are… and compare them in brief. Higher education put in short is an extremely exciting yet, mostly unexplored territory for most of us. India though not left far behind other advanced countries in the field of higher education, we lack something’s which they are good at, and we do some things they cant even dream about.
Lets first take on the Higher education abroad… It is a sweet dreadful pill, which most people now are willing to take. Before embarking on a higher education abroad the first hurdle most people face is entrance exams, rather benchmarking exams which are necessary to secure an admit.
GMAT (Graduate Management Aptitude Test)
GRE (Graduate Record Examination)
TOEFL (Test of English as a Foreign Language)
IELTS (English Language Proficiency test)
These exams not only work as avenues for education abroad, but they also decide where you go. Now depending on the country and course you take up, the expenses and future after graduation vary. However, USA, Australia, UK, Canada continue to remain the most favorite destinations of international students.
USA, has a distinctive advantage, because of its evergreen economy and plush international culture, lifestyle is THE most sought after place. Also the prospects of getting a job after Higher education remain to be very high in the US.
Higher Education in India however, is still in its maturing stages. We have no dearth of technology or expertise. The quality of the graduates who pass out from these institutions is extremely good. On the other hand the Job market in India is also flourishing because of the fast growing nature of the Indian economy. However as far as academia goes, the Indian higher education system is still to make its mark. There is strong scarcity of quality research being made, or international papers being presented, or patents being applied for, or for that matter, Lack of international exposure to this ages old higher education system, has only made it increasingly difficult and less exciting for students, who are already in a plethora of problems whilst they are thinking of Higher education in India.
The elite IIM s or the IIT s and other Ivy institutes form a major chunk of Indian higher education system as far as the name goes. However, the number of people who get admitted to these cream institutions is really less as compared to the numbers who apply.
This causes fierce competition & birth of world’s outrageously tough admission process.
Some of the Exams Include –
CAT – Dreaded & Embraced by the most, this needs no explanation.
GATE – Engineering Higher education
SAT, NET, XAT... and the extremely tiring list continues…
But still India's production of professionals is enormous. With over 300 universities and 15,600 colleges spewing out 2.5 million graduates each year, in terms of the volume of production India trails behind only the US and recently China.
recent evaluation of universities and research institutes all over the world, conducted by a Shanghai university, has not a single Indian university in the world's top 300 - China has six.
The Indian Institute of Science, Bangalore, comes in somewhere in the top 400 and IIT, Kharagpur, makes an appearance after that.
Praise or blame, this is what we have, however, as far as the cost goes, India has an equivocal advantage… Nobody let me repeat, nobody can match cost advantages that India gives in terms of Higher education. However, now the pictures are changing. The costs are increasing alarmingly…the other advantage, which we have is, the familiarity to the Indian scenario, which is better for getting work locally! Also, since we get to be the part of growing Indian economy its exciting to stay here, and continue to witness and learn from the growth.
It is out of scope of this article to compare each and every course. But being a management student myself, I would like to throw some light on the management scenario…
An Indian MBA is a great way to put your career on fast track. Top business schools in India, IIMs, XLRI, FMS and Bajaj, are best when it comes to all round development, or the placements which offer great salaries... However the effort required to clear the entrance tests can be daunting, often leading to frustration, however that’s a price today’s youth are willing to pay!
An MBA abroad is great but is not necessarily a better option.
MBA in the lesser known schools in UK, Australia and Canada may not be worth the effort. You would end up spending a lot of money and may have to return to India for a job that requires you to compete with MBAs from the top schools in India. Indian companies are likely to prefer an Indian MBA to an MBA from a lesser known university abroad. However, we cannot ignore an increasing number of Foreign players in Indian markets who realize the better value.
An MBA abroad can cost anywhere between $120,000 in the top international schools to about $30,000 in the mediocre schools. An Indian MBA on the other hand can be obtained at a fraction of this cost. This is one fact where no one can compete India. Hats off to the price difference
While you may find the CAT and other Indian MBA entrance exams daunting, an admission in a good MBA programme abroad comes with its own set of challenges. You will need a high GMAT score, take the TOEFL, fill out multiple applications, write essays for each application, arrange recommendation letters and official transcripts. 5-6 months of study could get you admitted to an MBA programme in India. Applying to a good school abroad could take about a year to complete. However, application process in India is not as difficult, except for the difficulty of the Entrance examination. But again take is all yours, as MBA abroad can be multifold beneficial to a truly brilliant person, who looks for global exposure.
4-5 years of good work experience is necessary; top academic grades, international experience, extracurricular involvement are absolutely necessary. However, it is possible given your strong desire and ability to succeed, and the returns are wonderful both on the professional side and on the monetary side…
However International MBAs would change your life forever, and work towards making you a true global professional, only if you have the desire… And Indian MBAs would still work great…
The pick is all yours… After all your future belongs to yourself… doesn’t it? :SugarwareZ-064:
