I have attempted to break the myth and the misunderstanding of the people that any MBA does not give you a secure career and high paying jobs. Hardly 40 out of thousands institute in India are able to do it and rest struggle for the job and after lot of struggle, they settle for a monthly salary of around 12000 average which is just few thousands above the minimum wages for a labour. Unfortunate, but true.
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So, the question is, should one spend so much money for an MBA (average: 4 lakhs minimum even from the worst "B" school.
The answer is definitely no. In my human resources career so far, for several years I have witnessed how after completing MBA from these useless B school, people hunt for any job and settle for anything which is a huge loss.
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