Do MBA or not.

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I am still trying to decide. One institute offers MBA with one year training in Bangalore, India, with a laptop, German language training, Part time job, Stipend, and 100% placement assistance, E classrooms, leadership training, sodt skill development, Foreign Industry visit and Local MNC industry visits etc. All this for Just Rs. 2,00,000 (around $5000). I enquired with their previous students and everything turned out to be right. All their previous students are well employed in MNCs. What should I do? Please advice. Can I beleive them?