Dear Bira -
Thank you for your question. Pursuing an MBA at a prestigious institution offers a number of benefits not the least of which is an opportunity to study with a truly diverse and international student body. Business is truly global these days and an exposure to different international cultures gives you an edge if you choose to work later on in a multi-national corporation. Secondly, if you have a desire to pursue a managerial career outside India, then obtaining an MBA from a good school internationally allows you to avail job opportunities in that country, depending the availability of work visas. Finally, an international degree exposes you to an international faculty group that draw on their research to expand management practice.
The cost of a 2 year full-time MBA ranges from US $50,000 ~ US $120,000 depending on where you decide to pursue an MBA. To finance the cost of an MBA, some banks may offer you a loan, you can look for international student loan programs. Depending on the quality of your MBA application, some schools may offer you a scholarship to cover a percentage of the costs of an MBA program.
Schools look for a high quality application that includes your GMAT scores, previous academic performance, work experience, recommendation letters, application essays and, in some cases, an interview before making a decision on a candidate's application. International work experience isn't essential to secure admission to an international program.
The ROI on an MBA depends on the career opportunities that you avail and career progress after attaining the degree.