MBA's getting starting salary of Rs 3 lakh : Study

Posted on 02nd Jun 2014 | 1012 views

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Recent study reveal that B SCHOOL students are not getting high pay packages and the average annual salary offered to MBA students during placements in close to 40% of B-schools across the country is less than Rs 3 lakh.

It is also known that MBA colleges are charging Rs 12-15 lakh as MBA course fees. Only 37% of the students were placed and remaining students were failed to place. The report stated that "The number of B-schools in the country swelled to an estimated 4,500 in 2012-13 from 3,000 in 2009-10. However, in recent times, there are fewer takers for MBA programmes, especially in Tier-III and Tier-IV B-schools. Consequently, several institutes have had to shut shop,"

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