Hi ! I am a 28 yr old Doctor, MD from India. My profile at the time of application will be this

GMAT :- 720-750 or more
Work Experience :-Work as General practitioner in Indian hospitals for 2 years, 6 months of medical externships in US.

I want to do a good MBA from a top 100 institute if possible. But the problem is that I do not have a lot of funds. I am willing to go ANYWHERE IN THE WORLD to do my MBA.

So here are my queries:-
1. I have funds of about $75000 for the two years including living expenses, what are the best institutes available within that range.
2. If institutes give a fee waiver, I would like to know about their criteria for waiving fee.
3. Is it possible for me, a foreigner to take a loan from a US bank and raise more money for my studies, if I join a US B School?
4.Would it be reasonable if I spent $75000 on an online MBA? Maybe I'll get better value for money that way by getting a degree from a top institute at a lesser price.

I'd be really grateful if you could help me sort out these queries.

If you need any more information to guide me, please mention it here or PM me. I'd add it ASAP.

But the problem is that I do not have a lot of funds.

1. I have funds of about $75000 for the two years

I think that 75000$ are more than what normally mba students have :-)

If funds are limited then you need to look at a one year MBA: most students looking at a 2 year programme will be investing over $100,000.

I think you'll find it very hard to get a loan without a co-signer in that country.

With a budget under $75K, go to http://rankings.ft.com/businessschoolrankings/global-mba-rankings-2011 and add the column for value, and then sort by that. That will give you a good idea of the programmes with lower costs but still good benefits.

Thanks again Duncan, that was a valuable link !

Good call, Duncan - one year programs will be far more affordable. You can also check out programs in developing regions, rather than sticking to the US and Western Europe:

CEU in Budapest offers an outstanding one-year program at a good deal.

There's also FIA in Sao Paolo.

IPADE, in Mexico, offers good scholarships for students with financial need.

Also, another option would be online programs that you can do from anywhere - check out Warwick to start with - and you can live somewhere where living expenses are lower.

Ezra, IPADE is a great programme but it's taught 50:50 in Spanish and then English.

Also, another option would be online programs that you can do from anywhere - check out Warwick to start with - and you can live somewhere where living expenses are lower.

Also, I think the one year MBA program is a more European thing. Do you consider it equivalent to a Two year MBA?

On some websites, I have read that the one year MBA means that the number and/or duration of the electives is cut down? Does that affect the quality of the course? What do the employers think?

Forget online..
Do you want to do a good MBA from a top 100 institute under $75K inclusive off all expenses?

And of course want a quality education with guaranteed job? and want to look after your dad & family?
.. want to stick with an economy that is forecasted to take the no.5 spot in the world by 2020?
and you are confident to get 720-750 GMAT score? ..

Here you go ..

FT ranking 2011
-----------------------
11 Indian Institute of Management, Ahmedabad (IIMA)
13 Indian School of Business

People as young as you should attach yourself with a growing economy and flourish. Next 10 years the west would be stagnated, there is no growth or very very slow.

I spoke to an Oxford MBA alumni in an event, he advised me recruiters in India prefer IIM and ISB people than even Harvard or Oxford MBAs.

Vivek is right that if you want to work for a major MBA recruiter in India you should take an Indian MBA or PGDM. A western MBA will price you out of that market, but it could give other advantages if you wanted to work for yourself or a family firm.

If you have the choice to take a full-time MBA then you should not, under any circumstances, take a part-time or online one. The major part of the full-time experience is irreplaceable.