Dear Aspirant,

As you wish to pursue business school, there is a wide range of options available. A business school is typically a university-level institution that provides degrees in business administration or management and specialise in teaching courses and programs related to business or management. A business school might offer a whole set of management programs, but they are primarily known for the MBA programs or Master of Business Administration Programs.

Before jumping into the decision of choosing a business school, be sure to analyse a few points such as your ability, your background, your entrance score, your career objectives, location, faculty and feedback.

MBA has always been known for its placement opportunities and packages. Every year there is an enormous increase on the MBA salary scale making it quite a desirable choice for the students who want to pursue you. The highest placement package realised among various colleges was seen to be 78 lakhs per annum and the average package in all the colleges was around 20 lakhs per annum. It depends on the institution you have studied and how reputed it is. The recruiter will see these things and then give you the desired package.

Hope this helps. All the best!

Hello Rishit,

The average package of MBA differ from Institute to Institute. Top Management schools will have average package after MBA ranging between 25 to 30 lacs. Moving on the less reputed college will have packages around 10 12 lacs or even 6 to 7 lacs.

The average package of top IIM's range between 20 to 25 lacs, on the other hand the newly established IIM's have average package between 10 to 12 lacs.

The package depends upon the college and its placement committee and many other factors.

I hope it helps and all the best

Thank you