Management degrees from elite institutes are widely sought after because of their widespread recognition as a prerequisite for high-paying careers at home and abroad. However, data shows that the costs associated with earning the credential are very high. Does the risk of making those investments justify the potential reward? To find out, let’s look at the numbers in BT Best B-Schools special issue
After dipping marginally in 2022, average course fees at the top 10 B-schools have increased by 4 per cent in 2023
The average salaries offered to graduates from the top B-schools have declined marginally in 2023
The average course fees of government-owned B-schools in the top 100 have declined by 0.96 per cent since 2020, whereas private institutes have seen a 10 per cent increase during this period
As per BT-MDRA India’s Best B-schools Survey 2023, Rs 17.40 lakh is the average annual salary of government B-School students, compared to the Rs 10.20 lakh for students of private B-schools in the top 100 list in 2023. 1.6X is the average return on investment of government-run B-Schools compared to 0.87X for private institutes in the top 100 list
For the second year in a row, more Indian B-schools are offering foreign exchange programmes for students, but the numbers are still lower than pre-Covid-19
Students from North Indian colleges of the top 100 B-schools got a better return on investment in 2023
The Top 25 B-schools provide the highest return on investment