Jobs after MBA in tier 2/3/4 colleges

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What are prospects of jobs after graduating from a non-IIM MBA college? After even the likes of XLRI, FMS etc are there people struggling for jobs? Heard a lot about poor quality of colleges, apparently many have shut down.
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What are prospects of jobs after graduating from a non-IIM MBA college? After even the likes of XLRI, FMS etc are there people struggling for jobs? Heard a lot about poor quality of colleges, apparently many have shut down.

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