I have received admission offers for Full Time MBA from both MIP Milano and Manchester Business School. Can anyone help me with what to opt for? (Based on Return of investment, job prospects post MBA and other major factors..)

What are your goals?

How good is your Italian? Take a look at Do you need to speak the local language? www.find-mba.com/board/34713 Most students will be better off at Manchester if they don't speak Italian.

In general Manchester is the better option given its placement in the rankings, and especially for traditional post-MBA career paths like consulting and finance.

But if you want to work in Italy and do speak Italian, MIP would obviously be the better option. They've got great relationships with various recruiters in the country.

I agree with Laurie, It looks like the MBA program at MIP has a lot of international partner companies coming from different sectors. If you have doubts you can ask the business schools directly for information about their career opportunities.