According to me,  it is certainly the best full proof plan,  there are no side effects or any bacfire in this plan,  if you are targetting placements the appearing for GRE and pursuing MBA from abroad will make your CV strong and will make it easy for you to get your dream package. But of you are targetting knowledge and enjoy science then do not stoptill the level of P.hd 

Yes, abroad countries like USA, Canada are good for management courses because they are more focused on real life situations and case studies, also placement packages are good. You can also start your career as a professor their. Professor's monthly income goes upto 16 lakh. So, this is a best idea if you are interested in studying abroad. 

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