Placements Across Tier-2 B-Schools Slump, Only 18% Get Jobs: Survey
If you have not been lucky enough to secure a seat in the prestigious IIMs or one of the few top-notch business schools such as the FMS or XLRI, you should be worried.
A survey across second-rung business schools across India has found that only 18 per cent MBA students have got jobs at the end of the two-year course in 2014. What's even more disappointing is salary packages for campus offers in such B-schools have dropped by 40-45 per cent as compared to last year. (Also read: Salary hikes in 2014 to be lowest in a decade)
The Associated Chambers of Commerce and Industry of India (Assocham) survey says, "economic slowdown, stalling of new projects and investors' apathy towards several key sectors like infrastructure, hotels, financial services, realty and retail have led to drying of job opportunities for a large numbers of students from the B-category business schools."