MBA Scope

Every graduate is faced with a dilemma on taking decision on doing an MBA (Master of Business Administration) for career growth. An MBA will offer you a wealth of advantages, especially when it is a top business school with a very good reputation. Following are the major advantages and reasons for doing MBA degree:
(a) Capture a holistic perspective on the business world
(b) Acquire valuable business and managerial skills
(c) An MBA means better chances for a higher salary
(d) Open the door to thriving career opportunities
(e) Get free access to a large business network to grow
(f) Be your own boss by starting your enterprise
(g) Experience a new place and culture during your studies and in management career
MBA exposes students in all management functions such as Finance, Marketing, HR, Operations, Strategy etc for all kind of industries from FMCG to core technology companies. MBA is an all-purpose degree which provides choose to graduates to choose his career options based on his interest, strength in management functional area and personality traits. MBA from top B Schools have career opportunities in the field of consulting, Business Analyst, Pre sales support, Project Managers, Functional Managers, operations management in private, government, PSU and NGOs. MBA grads mostly start career as Management trainee and are given experience in all functions with on the job before specialising in one or two function. MBA is also a good graduate degree for students who want to be an entrepreneur.

A recent study has punctured the myth that a B-school degree guarantees a fat pay packet. The average annual salary offered to students during placements in close to 40% of B-schools across the country is less than Rs 3 lakh, it has revealed.
Students from just 1% of the 4,500 institutes across the country the top business schools that command Rs 12-15 lakh as course fees are offered an annual salary upwards of Rs 9 lakh during campus placement.
The country's MBA dream, says the Crisil Research report, is fading fast as there is more awareness about the (lack of) quality, infrastructure and decreasing return on investment.
Around 37% of the B-schools were placed in the bottom, with many failing sometimes failing to place a single student. The average annual salary for those more fortunate is Rs 3 lakh.
The largest chunk of B-schools around 52% falls in the Tier-III category of the study with an average annual salary of Rs 3-5 lakh. That apart, just 60-80% of students in this category are offered jobs during campus placements.
For the study, Crisil categorized B-schools into four different categories based on parameters such as occupancy rate, number of students placed, average annual salaries offered and average course fees charged.
The seat occupancy rate is the worst in the 37% institutes that fall in Tier-IV. It is understandable, given that many fail to place any student some years; some though, manage to place up to 60% of a batch.