Recently there have been interest among students to study in joint programs for MBA. University from India and USA create a joint partnership, where first year will be in India and second year will be in USA. MBA degree awarded will be from US University.
Hello, I’m from life sciences background. In fact, I’m in my first year of M.Sc. Recently, I came to know about a course in JNTU, Hyderabad, that’s offering MBA in collaboration with Central Michigan University, the last 2 semesters at CMU.Do you think these kind of courses are good? Is it a good idea to shift to MBA from my background? What would be the job opportunities if i did so?
When I responded to above question from Jyothi, I thought it was good idea to study 2 semesters in USA and get degree from US university. You don’t have to pay huge among of money as fees for first 2 semesters. Then I spent few minutes while driving home about pros and cons of such approach.
Here are some facts about the program
- Complete 2 Semesters in India (10 Credits)
- Take GMAT and score atleast 450
- Minimum 79 in TOEFL
- Get Student Visa to study 20 credits in Central Michigan University
- If Visa is denied, students gets PG Diploma
- Rs 50,000 per semester + $766 per credit for 20 credits
Cost per credit is $766 and you will be completing 10 credits in India ($7660 = 3.6 Lakhs). Which is about 2.5 lakhs savings.
Finding job after completing MBA without work experience will be tough. If your aim is to study MBA in USA through easy route, then you can go with above choice, since you can get admission without spending money applying to many universities. But you have same probability to get F1 visa to US.
Also, MBA is all about exposure. I would be willing to spend 2.5 lakhs more to get that exposure by directly applying to US for MBA. Also, CMU is not top ranked university.
Would like to know if you were given a similar choice for MS and MBA would you go for it?