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B-Schools of USA and India: A Comparison |
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Both India and USA are popular destinations for students who want to pursue a management course in a top B-School. Each of the premier management institutions in these countries have their individual set of course curriculum, fee structure, admission procedures, placement opportunities, student exchange programs, and other features. Students look for a number of parameters before selecting a B-School to pursue their management course. Here we give a comparison of B-Schools of USA and India on certain parameters to help MBA aspirants worldwide. |
Comparisons between B-Schools of USA and India |
Quality of Education in B-Schools of USA and India: In the B-schools of USA like Harvard Business School, Stanford Graduate School of Business, Yale School of Management and others, the curriculum is designed in a way that would prepare students to handle practical situations in the ever-changing corporate world. Hands on training and plenty of practical classes are included in the education pattern at US management schools.
In B-schools of India, equal emphasis is given on theory as well as practical sessions. The IIMs (Indian Institutes of Management) offer the highest quality of education. Other institutions like XLRI, IIFT, Institute of Management Sciences, Lucknow and Institute of Finance & International Management, Bangalore are other offer a good quality of education so as to make the students industry ready.
Cost of Education in B-Schools of USA and India: The cost of education in B-Schools in USA may differ between private and a public school. In a leading private B-School in USA, annual tuition fees can range from $15, 000 to $30,000 while in a state run B-School, the tuition fee may range from $10,000 to $ 20,000 per annum. In some of the top B-School in India, the tuition fees ranges from Rs. 2.2 lakh to 5 lakh per annum.
Placement Opportunity in B-Schools of USA and India
Placement opportunity is an important factor when it comes to selecting a B-School by MBA aspirants. Most B-Schools of USA have placement cells that invite the best of recruiters. Students passing out from USA management schools get placed in mostly top international companies. In India mainly the IIMs and premier B-Schools like XLRI, IIFT, Symbiosis, Pune, ISB and others have an active placements cells. Here there is 100% placement where students get hired by top MNCs.
Admission Procedures in B-Schools of USA and India: Admission to top B-School in USA like Harvard Business School requires candidates to have a degree from an accredited U.S. undergraduate college/university. GMAT is a prerequisite for admission to most B-Schools in USA. In addition foreign applicant may also need to clear TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System). In the leading Indian B-Schools like the IIMs and XLRI, ISB and IISWBM use CAT (Common Admission Test) score as eligibility criteria for selection.
Culture in Campus in B-Schools of USA and India: The campus culture in both B-Schools of USA and India are usually very lively. In the B- Schools in the US there are various activities, events, competitions and a whole lot of interactive sessions between regional and foreign students. In B-Schools in India, the campus culture also involves plenty of interaction and co-curricular activities.
Based on one's academic requirements, students can choose between the various B-Schools across the world.
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