Hi all...I have an admit from Aston B-school as well as from an Indian institute (IMT-Hyderabad). I have 3 years of work experience. With the depreciating Indian currency value( 1 pound= Rs. 92) , is it worth pursuing an MBA from Aston for its relatively higher reputation and the international exposure it will give or should I go for an Indian MBA that would cost 3 times less than Aston and is based more on the Indian market dynamics ?

What are your career goals? If you want to work in India, study in India. If you want international experience then get into a better school which will have a more diverse cohort.

My preference is to settle down in India...in the long term, I intend to join our family business but before that I would prefer to work outside our organisation for a few years for more experience...so the dilemma is whether to choose a university based on its higher reputation and international exposure (Aston ) or a university whose curriculum is more suited to Indian market...

Hi ,
Studying in UK will give you more exposure to International market, as compared to studying in India. Even if you have no intention of working in the UK I would still suggest you to study in the UK as the management education from UK hold very high value across the world. Provided you do from a reputed B-School.
With regards to the costing you can also look for other options such as Birmingham University, Durham University, Bradford University etc and check their scholarship schemes if they are offering any.

I agree with Mamit. Unless you can do an MBA from a high-caliber school in India (ISB or one of the IIMs, for instance), an accredited MBA from the UK will probably be better, for the international experience and wider managerial perspective.

The other problem is there's such a range of quality in the huge number of Indian MBA and PGP programs - from really good to absolutely terrible - that's it's better to do your MBA in a university where you know you'll get a good education.

Thank you for your inputs...I have chosen Aston B-School...

How much is it costing ?
Is Aston offering any scholarships ?

The tuition fee for Aston is 24700 pounds and the estimated expenses for accomodation and living should be approximately 10000 pounds if we are looking at University accomodation. All students are eligible for scholarship worth 6500 pounds. I had my scholarship interview on Friday so hoping for good news next week :)

All the best for your scholarship interview.

Hi Mamit...do you suggest University accommodation for Indians despite its relatively higher cost or do you think its better to live outside and pursue our studies ? I am sure you must have given a thought to the same before you pursued your MBA in U.K :)

I think Pvt accommodation close to university campus would be a better option in case you want to save money. Else you can opt for university accommodation. Aston is in Birmingham city center so even private accommodation would also be expensive.