14

Financing Your Studies

Arranging the required finances is the biggest strain on Indian applicants who wish to apply to foreign business schools. So we had thought of starting the book with this chapter. A good MBA programme easily demands an investment of more than USD100,000, which is significant for most Indian applicants. In the past, this factor alone was enough to force a change in plans for an applicant, making him/her appear for CAT for the Indian Institutes of Management and even settle for a lesser known Indian B-school if he/she was not able to clear it.

The financial commitment required for a top MBA programme is, to say the least, taxing. Compared to most other graduate courses, a globally recognized MBA programme is more expensive ...

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