Aspirants who wish to advance in today's dynamic workplace or competitive business environment understand the importance of lifelong learning and earning. A two-year MBA program at a foreign university provides both practical experience and the capacity to link together all the key elements of business management, such as organizational behaviour, finance, marketing, and operations management.
Most of the top international MBA programs offered by reputable business schools require professionals to have five to eight years of professional experience, depending on their geography and the school.
For two-year MBA programs in the US, students typically come from much younger cohorts while for programs in the UK and Europe, which are shorter and last around a year, students come from more experienced peer groups.
Our Study Abroad Consultants' and Faculty members have prepared a great number of students to take the SAT exam and deliver exceptional scores. As many of our students as possible are pursuing their dreams by attending the colleges to which they hunted for. Know More.
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What is CAT?
Common Admission Tests are conducted by the Indian Institute of Management across the country for admissions into business courses (mainly postgraduate). The CAT is accepted for admission to an MBA program at other prestigious colleges and universities besides the IIMs.
CAT is accepted by international universities as well as domestic universities for MBA applicants.
When applying for MS programs and not MBA programs in foreign universities, applicants said their CAT scores were an added advantage. It describes CAT as having international recognition, and if you receive a good score, it may add a competitive advantage to your profile. The CAT score may need to be higher than the 98 percentile for foreign universities (May be different depending on other factors such as achievements, etc).
Also Read: Canada or USA? Which is Better for Pursuing MBA
Top International UniversitiesAccepting CAT Score
Listed here are a number of international institutions that accept the CAT score as part of their application process. This list does not reflect the ranking of the institutions and is provided for your convenience only.
S.No. |
Business School |
Course Offered |
Eligibility Criteria |
Country |
1 |
EMLyon Business School |
MSC In Management |
|
Lyon (France) |
2 |
AUDENCIA Business School |
MSC In International Management |
|
Nantes (France) |
3 |
HEC Paris |
Masters In Management |
|
Jouy-en-josas (France) |
4 |
SKEMA Business School |
Masters In Management |
|
Euralille (France) |
5 |
EDHEC Business School |
Masters In Management |
|
Paris (France) |
6 |
ESSEC Business School |
MSC In Management |
|
France / Singapore/ Morocco |
7 |
ESCP Europe Business School |
Masters In Management |
|
Germany |
8 |
Singapore Management University |
Masters In Management And Master Of Science & Management |
|
Singapore |
9 |
Sp Jain School Of Global Management |
Masters Of Global Business |
|
Dubai/Singapore/ Sydney |
10 |
Stuart School Of Business, Illinois Institute Of Technology |
Masters Of Business Administration |
|
Chicago (USA) |
11 |
Norwegian School Of Economics |
Masters In International Management |
|
Norway |
12 |
Asian Institute Of Management |
Masters In Business Administration |
|
Philippines |
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MIM/MBA abroad vs. MBA in India
The number of MBA seats in India exceeds 562000. However, it is well known that an MBA from just any college in India has no or low significance. A high percentage of these graduates do not get placements or jobs following their graduation. They can only make Rs.10000 monthly as their beginning salary.
In other words, if you are interested in studying in India, search for the best colleges with excellent placement opportunities and the best chance of getting into the program. In mainstream jobs like MBA, where competition is heavy, it is not easy to succeed. One has to prove themselves superior to the competition to succeed. As a result, you may decide to retake the CAT or any other one of the five national entrance exams approved by AICTE.
In contrast, an international degree is worth a lot, both here in India as well as abroad. Foreign MBA or MIM degrees can lead to jobs in Amazon, Facebook, Google, etc., with starting salaries up to $40000 (or 29,66,880.00 Indian rupees). MIM and internships are good places to start for those wishing to work abroad.
Also Read: SOP for MIM vs SOP for MBA
CAT Study Abroad - ROI and Salary
In India, several IIMs, IITs and top business schools provide excellent placement opportunities with high salaries. In order to do so, you must be able to gain admission into such educational institutes. Alternatively, a B-grade MBA program has few placement opportunities or high salaries. If you are a recent graduate from such an institute, you cannot expect a salary that exceeds Rs.10k-15K.
On the contrary, foreign universities and business schools tend to have a high return on investment (ROI). Job opportunities are not influenced by the name of the school or its brand. A MIM degree from the University of Florida, for instance, has a higher ROI than a degree from Harvard. All your hard work will be rewarded in dollars if you can obtain admission to a reputable university abroad. There is one drawback, though, which is the fee and cost of living, which is a one-time investment.
In the end, it's all up to you. Nevertheless, you should be assured and properly guided before investing a huge amount of money in a foreign university or in India.
Also Read:Here'sHow You Can Improve Your SAT Score
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