Pursuing an MBA from India: A Guide to Going Abroad

After completing an MBA from India, there are numerous paths to explore for international careers. One popular option is to seek employment in multinational companies with overseas locations. Companies often value the business acumen and international experience that an MBA provides, making candidates from India highly sought after.

Networking and establishing connections within your professional field can also open doors to international opportunities. To help you in your journey, Advent Education offers a 7-step framework designed to guide MBA aspirants towards their global dreams.

7-Step Framework for Pursuing Your MBA Abroad

1. Plan Your Study

Start early by defining your goals. Identify the MBA programs and subjects that align with your career aspirations. Begin planning 15 months before the program starts. This timeline helps you manage application and scholarship deadlines effectively.

2. Budget Your Expenses

Define your budget range based on your financial comfort level. Explore multiple funding options like scholarships, soft loans, education loans, and assistantships. Here’s a comprehensive breakdown of available options:

Scholarships: Ensure you understand the eligibility criteria and consider smaller scholarships. Always read the fine print to avoid any hidden costs. Soft Loans: These come with 0-1.5% interest rates and need to be repaid after graduation. They can be a cost-effective solution, saving you between 3 lakhs to 29 lakhs. Assistantships: Universities offer assistantships that can add to your earnings monthly. If your application doesn’t come with your university offer, reach out to faculty members or department heads. Education Loans: More reliable than soft loans, they come with specific interest rates and repayment terms. Sign up for our platform where lenders bid for your profile to secure competitive offers.

3. Shortlist Programs

Consider the following key factors when shortlisting universities:

Return on Investment (ROI): Balance tuition fees and scholarship opportunities. A higher ROI means better value for your investment. Location: Look for a location that offers access to big cities, strong research departments, and good immigration opportunities if you plan to settle down. Employment Opportunities: Choose a university that offers international students excellent job prospects post-graduation.

Navigating this can be challenging, but our upcoming service, SelectRight, will recommend universities and tailor-made programs for you. Sign up here to get started.

4. Lookup Application Requirements

Understand what universities require from applicants during the admissions process. Requirements vary based on the location. Plan and ensure you have all necessary documents in place.

5. Write Your SOP

Your Statement of Purpose (SOP) should showcase your familiarity with the program and the university’s student body. Highlight your goals and how the program will help you achieve them. Your ultimate aim is to convince the admissions team that you are a strong fit for their institution.

6. Continue Applying

Create a checklist of application materials to stay organized and ensure no important documents are overlooked. Submit your applications confidently knowing you have prepared thoroughly.

7. Get Your Visa

International students almost always require a student visa to study overseas. Visa requirements and conditions vary by country. Stay informed and prepare accordingly.

Studying abroad is highly rewarding. With careful planning and strategic choices, you can maximize your experience and make valuable connections that last a lifetime.

Hope this answers your question. Good luck!