Is an International MBA Still Worth It? A Deep Dive into ROI

Choosing to pursue an MBA in UK for indian students is one of the most significant decisions to make. It is one of the major investments not only in terms of money but also in terms of time, opportunity, and cost. If we talk about the master’s degree and its prices, then it starts from $2,00,000 and goes upto $10,00,000. Now comes the question: Is an MBA still worth it after investing this much money? Well, the answer is a solid yes. When I was preparing for my July intake Australia, I was still confused whether to apply for this degree or not and whether I would get the expected returns from it. Let’s understand why an MBA is still worth it. 

Understanding MBA ROI

The concept of MBA ROI is often oversimplified. People commonly equate it to salary gain - what you earn after graduation versus what you earned before. Well, to calculate ROI, you can use this simple formula: 

Post - MBA Salary + Sign-on bonus + Expected Salary trajectory over 5-10 years

Now, the result that comes out must be greater than your expected trajectory if you don’t pursue the MBA. The break-even point - how many years it takes to recoup your investment can vary significantly on the choice of your program, industry, and financial aid. 

The Full Cost Picture

For students applying to the November intake Australia, comes with the price tags upto $1,80,000 for just two years, which is very high for any middle-class student. But many students cover these costs by getting scholarships, employee sponsorships, loans, internships, or side income opportunities. 

Career Satisfaction & Resilience

Beyond income and titles, there is one most underappreciated point, which is career satisfaction. MBA grads are more likely to get a job that gives them satisfaction and matches their interests. There are several universities around the globe, such as Keele University, University of East London, HULT Business School, and many more, which offer you a high-quality education.

Final Thoughts

Are you also planning to pursue your MBA in another country? Then make sure you calculate the ROI as well, as it helps in having a better understanding of whether you should go for the MBA course or not. If you want to get in touch with the best study abroad consultants in Mumbai, then Meridean Overseas is where you will find all the answers to your questions.

Get in touch with them today and find answers to all your queries!