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Professor Bhimaraya Metri, dean designate at Strathclyde SKIL Business School says that since India is one of the fastest growing economies in the world, there are a lot of job opportunities, as well as a variety of jobs available for MBA graduates.
"The job market is positive and we expect it to be further buoyant in the coming years," he states, observing the market as the Greater Noida based offshoot of the UK's Starthclyde Business School does not yet offer an MBA program.
On the job offer front, Vivek Mittal, business head and VP of recruitment at Recruitment Solutions, New Delhi, says that graduates from top business schools have definitely received more than one offer and they have better options to choose from in comparison to previous years.
"If we put a percentage increase in the salary, it would easily be above 20% plus compared to last year. Sectors like IT, pharmaceuticals, engineering and infrastructure, power, real estate and the like are performing very well and they require a large skilled workforce.
"The scenario is going to get better from here,'' he predicts.
MBA jobs in India certainly enjoy a high status. The very fact that there has been a tremendous increase in recent years in the number of colleges and private institutions offering MBA programs shows that there is a profitable job market for aspirants.
"Though companies are inclined towards hiring management graduates who already have four to seven years of experience as they bring more value to any organization and are better equipped to take up the responsibilities, the overall prospects for management graduates is going to be better from here on,'' says Mittal.
