Rough Business for Business Schools
In 2012 recruitment of campuses saw a steep 40 percent decline and the downfall continued in 2013 as well.
Sluggish economy has taken its toll on second rung B-Schools across India. According to a Assocham survey, only 18 percent of MBA students have been able to get jobs at the end of their 2 years course in 2014. Also the salaries offered have dropped by over 40-45 percent compared to previous year.
In 2012, 180 B-Schools closed down and it increased to 220 shutting down in 2013!