What is the difference between average and median package? Which option should I consider while taking admission in a MBA college?
12.9K Views|1 Followers|Posted 9 years ago
Asked by Vkv 657
1 Answer
Answered by
a year ago
Hi,
Average package of a college means sum of the average of all the packages (domestic, not international) received by their students. If there are 3 students in a college who got salary package of 2 LPA, 3 LPA and 4 LPA then the avg. package of that college is (2+3+4)/3 = 3 LPA.
Median package i
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1 Comment
S
3 years ago
Does government colleges like NIT and some IIITs also consider off campus packages in their avg package of a certain branch?
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