1. How Much ROI will You Get of
your MBA degree?
Today, MBA is a one amongst the most popular professional degree over the world for its
career vocation trajectory and handsome pay packages. However, management program is
in itself a costly issue. In India, the situation is right now not quite the same as rest of the
world.
In a 2016 report by Assocham, barring IIMs, most of the 5,500 Business schools in
India are producing "un-employable" below average graduates, earning not as much as Rs
10,000 a month if at all they find placements.
While on an average every student spent about Rs 3 lakh to Rs 5 lakh on a two-year MBA
program, their monthly pay is a measly Rs 8,000 to Rs 10,000.
The correct approach to figure out the ROI i. e. return of investment, of a MBA degree is to
evaluate the yearly increment in salary and making sense of how long will it take to recover
the student loan / investment through salary increments over a time of 10 years. The
calculation should also consider pre-MBA and post-MBA work experience, EMIs,
economic situations etc.
While, comparing ROI in a MBA program and salary offered in campus placements, does
not give a right picture, it nonetheless gives an idea of the ROI ie return of speculation.
Here’s a list of a few top B-Schools in India, their fees and salary package offered in
campus placement. Take a look:
2. Institute Year Fee
Highest package
offered
Average
Package offered
IIM Ahmedabad 2016 Rs 9.39 lakh
Rs 1.02 CPA
(International) and
Rs 48 LPA (domestic)
Rs 22 LPA
IIM Bangalore 2016 Rs 13 lakh
Rs 1 crore plus
(international)
Rs 19.2 LPA
IIM Rohtak 2016 Rs 10.5 lakh Rs 18.15 LPA Rs 11.21 LPA
IIM Ranchi 2016 Rs 12.5 lakh Rs 25 LPA Rs 15.14 LPA
IIM Indore 2016 Rs 5.50 lakh Rs 32 LPA Rs 15.67 LPA
IIM Kozhikode 2016 Rs 13.75 lakh Rs 37 LPA Rs 17.1 LPA
FMS, Delhi 2017 Rs 10,480 per year
USD 150,000
(international) Rs
54.30 LPA (domestic)
Rs 20.60 LPA
MDI, Gurgaon 2016 Rs 19.99 lakh Rs 32 LPA Rs 18.53 LPA
IIFT, Delhi 2016 Rs 7.25 lakh
USD 150,000
(international) Rs 29
LPA (domestic)
Rs 18.01 LPA
XLRI,
Jamshedpur
2016 Rs 16.8 lakh NA Rs 18.5 LPA
SPJIMR,
Mumbai
2016 Rs 15.5 lakh Rs 39.5 LPA Rs 20.9 LPA
NMIMS,
Mumbai
2016 Rs 14 lakh NA Rs 17.09 LPA
JBIMS, Mumbai 2016 NA Rs 26 LPA Rs 18.13 LPA
IIM Shillong 2016 Rs 12.70 lakh Rs 23.35 LPA Rs 18.15 LPA
IIM Trichy 2016 NA Rs 23.81 LPA Rs 13.01 LPA
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