Follow us
- Notification for CAT 2017 will soon be released by IIM Lucknow.
- MBA aspirants are considering various parameters for selecting B-schools due to dip in placements.
- Rise in fees at IIMs has upset the ROI of these premier business schools.
The notification for CAT 2017 has been released by IIM Lucknow . While preparing for the exam, MBA aspirants must be wondering which b-school offers best ROI . With the dip in placements at IIMs in 2016-17, MBA aspirants are considering various parameters before preparing the list of target colleges. Read the Latest News and Updates on CAT!
According to experts, the rise in fees at IIMs has upset the ROI of these premier business schools. This and the fact that the placements at IIMs have not been so great last year has pushed many candidates preparing for CAT 2017 to consider alternative options.
These candidates are evaluating the chances of getting lucrative jobs at b-schools other than IIMs. Many students preparing for the upcoming CAT exams said that the fees of IIMs and the ROI of institutes don’t add up.
A business education from IIMs will cost up to 20 lakhs after clearing the CAT entrance exams. Few other b-schools also have sky high fees with not so great ROIs.
Also Read: Third Batch of Students Welcomed by IIM Visakhapatnam
This is one of the reasons why some of the MBA aspirants are considering GMAT to get admission in universities abroad. MBA from abroad universities has more credibility than the business programmes of IIMs. Another reason why people are considering business education abroad is because of the excellent exposure and placement opportunities.
Cost and ROI at Top B-Schools in India:
Name of the Institute | Fees of the Course | Highest Package (International) | Domestic/ Average Package |
|---|---|---|---|
Rs. 19.39 lakh | Rs. 1.02 Crore p.a. | Rs. 48 Lakh p.a. (highest domestic package) | |
Rs. 13 lakh | Rs. 1 Crore p.a. | Rs. 19.2 Lakh p.a. (average package) | |
Rs. 20,960 | Rs. 54.30 Lakh p.a. | Rs. 20.60 Lakh p.a. |
Also Read: IIM Lucknow 2017-19 Batch gets 30.4% Female Students
Experts suggest that students aspiring to pursue MBA must evaluate the cost of MBA programme, placements, packages as well as ROI properly before zeroing in b-schools. These are the factors that will give a good idea about b-schools that offer a reasonable education.
