A lot of students dream of doing an MBA to get a high-paying job and better career growth. But the harsh truth is that not all MBA colleges give good returns. If your college doesn’t have proper faculty, industry exposure or placement support, then an MBA degree alone won’t guarantee you a job.
Recent surveys show a worrying trend—more than 50% of MBA graduates from Tier 2 and Tier 3 colleges in India remain unemployed even after finishing their degree. Many of these colleges are mushrooming without proper infrastructure or industry linkages. They charge high fees but fail to provide quality education or campus placements.
Lack of Quality Hurting Students
There are over 3,500 management institutes in India, but only a handful like IIMs, XLRI, FMS, MDI and ISB are truly respected by recruiters. Most private colleges offer generic MBA programmes without strong specialisation, practical projects or updated curriculum. Students spend 2 years and lakhs of rupees, but many end up with jobs paying less than ₹15,000 per month or no job at all.
A friend of mine did MBA in marketing from a local college and had to settle for a sales job in a retail shop. It wasn’t that he lacked skills, but companies simply didn’t visit his campus. The institute didn’t even have a placement cell that actively supported students.
Key Findings from Placement Reports
According to a recent study, only 10–15% of MBA graduates from private institutes in India get jobs through campus placements. Even among those placed, most land in low-paying sectors like sales, tele-calling, or field marketing.
Here’s what data from the report shows:
Metric | Value |
---|---|
Number of management institutes | Over 3,500 |
Institutes offering quality MBA | Less than 250 |
Students graduating yearly | Around 2.5 lakh |
Students getting quality jobs | Below 10% |
Average package (non-top colleges) | ₹10,000–₹18,000/month |
Average package (IIMs, top 20) | ₹12–25 lakh per annum |
Things to Watch Before Choosing an MBA College
If you’re planning to pursue MBA, be careful before taking admission anywhere. Here are some points to consider:
- Check if the college is AICTE or UGC approved
- Find out the placement history of the past 3 years
- Look at the kind of companies that come for campus recruitment
- See if the course offers internships, live projects, and industrial visits
- Compare course fees with the average salary package offered
- Read reviews from alumni and seniors
Doing an MBA just for the sake of getting a degree is a bad idea, especially if the college is not well-recognised. Instead, focus on building real skills like data analytics, communication, finance basics or digital marketing alongside your MBA. Many good short-term courses are available online today which can add more value than a low-quality MBA.
At the end of the day, it’s not the degree but your skillset and how well your college prepares you for the job market that matters. So take informed decisions, not emotional ones.