MBA/PGDM

Europe is actually easier from the visa point of view. I only say easier because once you get the job, the visa is not subject to a variable not under your control. No lottery if you find an employer willing to grant you a visa. However, to find such an employer, there are two factors that have to be considered:
The school you attend: I am at INSEAD and not a single employer has put a visa restriction so far. The school attracts employers large enough to sponsor visas, and hungry enough for the best talent to have the motivation to sponsor them. LBS from my understanding is the same, I cannot comment on IE. From my understanding of European B Schools, LBS and INSEAD are at a completely different tier of schools and cannot be compared to the other B schools. The languages you speak: If you don't speak any European language, your options will be restricted to the UK/Ireland, The Netherlands for some companies, Scandanavia and Belgium for some more. Berlin startups also do not seem to have a language restriction. However understand that outside the UK companies will have a language preference and not a restriction. Which means that if you are up against a Dutch speaker they will prefer the Dutch speaker (and obviously so) unless you are significantly better. There is a third and most important point of how good you are, however if you get into INSEAD or LBS I would assume that's a given. Most Indians who come to INSEAD with the view to work in Europe manage to find a job in Europe from my observation.