How can I check the ROI for my MBA degree?
Asked by gunjan m
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2 Answers
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For that, you need to check the fee structure of a college and the average package offered.
For example, Faculty of Management Studies (FMS) - New Delhi is the best B-school in India in terms of ROI. The reason being fees, which is around Rs.21K (Excluding hostel fees) and the average package offered is Rs.17 LPA.
Similarly, JBIMS fee structure is Rs.2 lakhs (Excluding hostel fees) and the average package offered is Rs.18 LPA.
The fee you will pay should have worth, when it comes to industry exposure, faculty, infrastructure, hostel and location. -
Hi Gunjan,
The best way is to check the ROI is to estimate the annual increase in salary and figuring out how many years will it take to recover the student loan/ investment through salary increases over a period of 10 years. The calculation should also take into account pre-MBA and post-MBA work experience, EMIs, market conditions and so on.This will give a fair idea of the ROI. Also note, while on an average each student spent nearly Rs 3 lakh to Rs 5 lakh on a two-year MBA programme, their monthly salary is a measly Rs 8,000 to Rs 10,000. Therefore it is wise to check and compare the ROI in different MBA programme with salary off...more
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