Students Choose IIMs Over Harvard

Harvard Beware! More and more students in West are considering opting for IIMs> over Harvard or Wharton. Their programs are comparatively easy on the pocket. Two-year MBA at IIMs costs just $7,500 for Indians and $22,000 for foreigners, compared to an MBA at Harvard which costs about $138,000.IIM Ahemdabad has the reputation of being the toughest business school in the world to get into.IIM grads are getting butter laced offers too.British Bank Barclays Capital regularly hires IIM students.
But to be fair, there are several regions in which foreign B-schools come out winners. Any company-whether foreign or domestic-will have a bias towards foreign B-schools. And this will be true even if the foreign institution is not among the top 10 B-schools.Even though the caliber of the faculties in Indian B-schools is equal to if not more than those in US institutions, the overall experience of interacting with a global
student body, opportunity to intern over the summer in an area of choice and the extra curricular initiatives in US B-schools is many notches above India.