No, I would recommend WHU and HHL easily over Pforzheim unless you were specifically aware that you didn't want to work in Germany. Pforzheim's reputation is nowhere near that of WHU, or HHL. They have shorter programmes and in the saved time, you could take intensive German. While they are more costly, the higher salaries will recoup the difference quickly.

Will you suggest doing a Part time MBA at WHU or Euro* MBA at HHL or part time MBA at HHL ?
Will any of these MBAs result in same placements as regular Full time MBA. ??

As I explained, "The outcomes are much more certain with a fulltime MBA, since they have Placement Support. Executive MBAs are aimed at people who already have jobs, so finding work from them will depend much more on your personal network."

The part-time MBAs are in-between the full-time and Executives MBAs. HHL is certainly the better choice for you since career services are explicitly part of the part-time MBA there (http://www.hhl.de/en/part-time-mba/career/) but there's no mention of access to careers services for the part-time MBA at WHU (http://www.whu.edu/en/programs/part-time-mba/). Perhaps ask the two schools explicitly about access to placement support?

What is your take on ESCP and ESMT Berlin ??
These colleges are figuring much higher in FT rankings 2012 even above Mannheim, HHL and WHU.

These are good schools. For part-time MBAs, use http://rankings.ft.com/businessschoolrankings/emba-ranking-2012

So what is your take on ESCP Berlin ? Is this school good enough ?
They have less fee than HHL and WHU...even less than half...

ESCP is a good school.

You are mistaken about fees. ESCP is more expensive than HHL and WHU.
http://www.escpeurope.eu/nc/escp-europe-programmes/executive-mba/emba-european-executive-mba-escp-europe/introducing-the-emba/introducing-the-emba-european-executive-mba-escp-europe/
http://www.hhl.de/en/part-time-mba/fees-and-financing/

I am looking at regular full time program
http://www.escpeurope.eu/programmes-escp-europe/master-in-management-grande-ecole/cout-et-financement-master-in-management-grande-ecole-escp-europe/frais-de-scolarite-master-in-management-grande-ecole-escp-europe/

My priority is to do an MBA which will fetch me a good job and cost effective and near to Munich. The first priority is still the job assurance and fee fee structure. I decided to stay away from my husband for an year to make a better future.

That's an MSc. The MSc at ESCP is 31,800 euro for two years; ESMT and HHL MScs are Both 25,000 euro for two years. ESCP is more costly. It's a premium brand.

PS Considering your work experience and your wish to prioritise career progress, it will be better for you to take a full-time MBA at HHL, WHU, HSG, Mannheim or ESMT. This will be much better than Pforzheim.

I would totally understand if you wanted to stay close to Munich. In that case, take an intensive German course simultaneously with a part-time MBA or an Executive MBA at one of those schools.

Hello guys
First of all, I would like to thank Duncan for his valuable advices. About a year ago, I was in the same situation like ankit100, I mean, I didn´t know what University to choose for studying my MBA. I got admitted to HHL(Germany), Luigi Bocconi (Milan) and Grenoble (France). It was a very hard decision for me, however I went for HHL in Germany and I will never regret for this decision. As Duncan mentioned before, the MBA program at HHL is very flexible and Professors are very good at teaching. Furthermore, the economy of Germany is growing and there are many job opportunites for German speakers, so I suggest you guys to learn German.

Dr. Stephan Stubner is one of the best Professors , I have ever had at HHL. Here you will find an online video of his lecture.

http://www.lecturio.de/wirtschaft/understanding-business-models.vortrag

If you wanna know more about my experience at HHL, let me know.

HI Tobi,
I must accept that I felt great reading your post because I am interested for the HHL's MBA program.
It would be great if you could share your profile n GMAT score, That would really give a good idea to me about my chances for gettng accepted.

Meanwhile I have done B.tech and have 2 yrs exp currently and have spoke to HHL's officials and as I ll have a 3 yr experience by the time program starts so I am also eligible for the same.
My IELTS is 7 and gave GMAT previously but scored only 530, However am retaking it. So kindly give me some info on how much should I be aiming. Also that am looking for Scholarships.

Additionally, Could you share your knowledge on schools such as EBS, ESMT, Manheim and WHU ( along with an avg. gmat score they look for) if possible.

I know its little dicey but I think based on these aspects we can draw a virtual ranking to atleast help us choose a College/course.