ROI of MBA: An MBA can significantly enhance your career prospects.
Apart from the opportunity to earn higher salaries and advance into more senior
career roles, the program can have a transformational effect on your personal
development. MBA is not only one of the most popular post-graduation courses in
India but also the most expensive. The total program fee for colleges like IIM Ahmedabad is around Rs 20 to 30 lakh. But still the number of people aspiring
to pursue an MBA is only increasing with each passing year. This is because MBA
is one of the highest-paid degrees in the country.
The return on investment (ROI) in an MBA can be defined as
the long-term benefits and career advancement received from the degree. This
investment in education can yield substantial returns through significant
career growth, acquiring new skills, and considerable networking opportunities.
Therefore, MBA students should consider several aspects to
make an informed decision when assessing the ROI of their education. In this
regard, the full cost of the program,
including tuition fees, living expenses, and loss of potential income during
the course period, is important. Comparing these expenses to the projected
salary growth and career advancement opportunities after an MBA is also
important in determining ROI.
In addition, the prominence of the business school plays a
significant role in determining the ROI of an MBA, as graduates from renowned
institutions usually have better access to top companies and better salaries,
improving the overall return. In addition, the strength of the alumni network
and placement assistance offered by the business school can increase the
long-term value of an MBA degree.
It is very important to get an MBA degree from a college that gives a good return on your investment. Therefore, you should also ensure that you get this degree from a college that has a record of giving good ROI. Following are the top 20 B-schools with the best ROI for MBA in India.
Name of the College | Courses Fees | Average Placement |
FMS, New Delhi | INR 2.10 Lakh | INR 46.1 Lakh |
JBIMS Mumbai | INR 6 Lakh | INR 26.4 Lakh |
IIT Delhi DoMS | INR 11.20 Lakh | INR 24.45 Lakh |
TISS Mumbai | INR 2 Lakh | INR 23.97 Lakh |
IIT Bombay DoMS | INR 14.8 Lakh | INR 28.88 Lakh |
Delhi School of Economics | INR 1.32K | INR 13.94 |
SIMSREE, Mumbai | INR 1.38 Lakh | INR 13.3 Lakh |
PUMBA, Pune | INR 1.29 Lakh | INR 11.23 Lakh |
IIT Kharagpur DoSM | INR 10 Lakh | INR 20.83 Lakh |
IIT Madras | INR 11.14 Lakh | INR 20.19 Lakh |
IIT Roorkee | INR 9.68 Lakh | INR 18.2 Lakh |
IRMA Anand | INR 16.75 Lakh | INR 14.14 Lakh |
Check out
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