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Originally Posted by himanshu.saxena i think i shud clarify one thing here...i m nt at all doubting the impact of mba on one's career...its immense in terms of quality of job profile,growth rate and the kinda projects u handle after tat...
i m only trying to analyze the whole thing from financial perspective...i believe tat financial reason is just one of the reasons for doing mba...there are several reasons other than mere financial...bt my current and earlier 2-3 threads were trying to look at the mba course from SPJ from financial viewpoint only...so if anyone has any inputs regarding packages and ROI etc then pls pour them here...
rgds |
hi ,
1. the calculation shows an average return as the input cost of the program is high. but we must not forget the fact that ,we have a head start of 365 days compared to the student joining the B school this yr. that make a lot of difference . ex when u r sitting for promotion after 5-6 yrs ... it counts on u r exp ..... so we must give some credit to that also.
2. students (most of them )prefer roles in comparision to the sal being offered and the 80% of the placements were in India , thats y u had this drop in sal fig- this is purely a preference
3. it is up to u to take up the job in India /else where....
4.1 more reson cud be is that , the MNC have the financial cycle form Jan -Dec in abroad , they might have finished their quota by then when we are graduated(could b a reason) on the contrary, Indian companies have their fin yr from April -march .
5. never the less the fig calculated is a worst case senario... so the fig reads as >=30K /month full disposable income .
6. we must consider the benefits of MBA in comparison to a airline industry , were they mint money after they take out the fixed cost (= the fees @ SPJCM).. so we have to wait ..but the profile what u will be much better than what u are in right now..........
7. If u have noticed @ SMM the avg had been >14L (please correct if misquoted) last time , so , it is the student's attitude which makes it up.....................for sal...........
comments are welcomed........
1 of u r s
KP
Hoping for a good future @ SPJCM