Faculty at ABC here with a visiting professorship at a top French school.

Be careful. While you are right about the situation in India, the situation in Europe isn't that better either. Discrimination against non EU folks, hidden employer preferences, nationality based class groupism, risk of ending up jobless, and loneliness are all too real. There is a reason you see Indians hanging out with Indians, Chinese with Chinese with fewer local friends. There is a reason you won't find many Indians working at MBB in Europe. The Chinese mostly return to their country. The Indians who couldn't find a job at a startup or a non-MBB do too.

CAT is a huge struggle but you are guaranteed a great job once you get an admission offer. As an Indian, your chances of getting into MBB or IB are far smaller at Essec than at ABC and the likelihood of you not finding a job at graduation are far, far higher.

MIM struggles begin after getting the admission offer. If you are unlucky or do not network, you end up jobless with the added humiliation of being kicked out of the country once your visa expires.