Pursuing an MBA from a top college like an IIM can provide many benefits, such as excellent campus life, an increased likelihood of getting a desired job, and boosting the overall value of your career. It’s viable to obtain a loan to pay for it because the interest rates are often low, and there is a grace period before repayment begins.
IIMs should be given more priority than colleges like FMS, TISS, JBIMS, or XLRI as they have more brand value and can offer better opportunities in terms of networking and job prospects. However, it is a personal decision that should consider your career goals, financial situation, and personal preferences.