B-school freshers get Rs 5,000-8,000

Sailing in the same boat is Namit Kumar (B-school freshers), whose MBA institute in Cuttack, Orissa, mostly lay barren as far as placements were concerned.

Namit was lucky to have got a sales job in a retail firm as a result of his own job hunt, for a monthly income of Rs 5,500, minuscule compared to what students from reputed institutes get.

“The entire course fee for two years was nearly Rs 4 lakh, but after spending so much, all I get is peanuts,” complains Kumar.

Namit's story is a grim reality despite talk of jobs and fancy salaries brimming all over again.

Of the 4,000 engineering institutes and approximately 1,600 business schools affiliated with the All India Council for Technical Education (AICTE), hundreds and thousands of the not-so famous institutes and their students have to grapple with low salaries or a no job scenario.

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Vocab Power Updated Daily

  • COBBLED - Repair or mend
  • ABHORRENCE - Hate coupled with disgust
  • INCUMBENCY - The term during which some position is held
  • MITIGATE -Lessen or to try to lessen the seriousness or extent of
  • dubious - Open to doubt or suspicion
  • FOSTERING - Encouragement; aiding the development of something
  • ELICIT- Call forth (emotions, feelings, and responses)
  • PLAUSIBLE - Apparently reasonable and valid, and truthful
  • FORGE - Move ahead steadily
  • BOLSTER (V)-Support and strengthen
  • ECCENTRIC- A person with an unusual or odd personality
  • PATRONAGE - The act of providing approval and support
  • IMPERVIOUS - Not admitting of passage or capable of being affected

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