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An MBA is a good long term choice if you have the inclination for management studies. After MBA from a good college, you’ll have wide career options in finance, marketing, operations etc. The salary is also very good post MBA. However, to get into a good B-school you’ll need to crack entrance exams like CAT, XAT, CMAT etc.
The exam fees will be around 35k to 40k per attempt. Study material from ICAI itself costs around 15k. Add to that coaching fees which can range from 50k to 2 lakhs depending on the institute. So in total you are looking at atleast 1 to 1.5 lakhs per year.
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