Is an MBA in Europe Worth It? Insights from IIT Alumni
Is an MBA in Europe Worth It? Insights from IIT Alumni Pursuing an MBA abroad is a big decision, involving a significant investment of time and money. A group of IIT alumni—now working across Europe, the Middle East, and beyond—recently discussed whether an MBA from a top European school is worth it. Their candid insights, ranging from job opportunities to cultural challenges, provide a reality check for anyone considering this path. The Salary vs. Cost Equation One of the first points raised was the financial aspect. A €60,000 salary in Europe is often comparable to ₹30 LPA in India in terms of purchasing power. Given the high cost of European MBAs (often exceeding €100,000), is the return on investment justified? Middle East as a Hack: Some alumni suggested that moving to the Middle East post-MBA is a way to maximize earnings. Consulting firms in Dubai, Abu Dhabi, and Riyadh pay well and actively recruit from top business schools. Industry Matters: Certain industries—like fi...