Sahil Sharma

I'm quit my low class accounting job, and here i'm serious about Mba, and have a 2 or 3 years to study

Thanks a ton mr.vaibhav, your advice about distance mba is fair enough for those who want there job with study but here i'm can't let die my respect to doing a accounts job in punjba. in punjab the situation for b.com graduate is not respectable and the basic salary is round around 10000 rs. what is 10000 in 2014 for survive. if I have 2 or 3 years more experience than I was expecting a salary 20000-30000 p.m. but after regular mba, basic salary after 2 or 3 years is almost 40000 to 50000 rs.p.m. so that is the only reason i've to do mba for my survival in future. I was saving my income and 've a apporx. 3.lac to 4 lac to investing in mba. so tell me easy mba with easy fee but repuated goodwill..

by Sahil Sharma
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RE: I'm quit my low class accounting job, and here i'm serious about Mba, and have a 2 or 3 years to study

Aparna M Venkatesan
Aparna M Venkatesan
Verified Career Expert
PhD Management And Organizational Psychologist
  • Hosur

Hello dear,


Unorganised Sector

I can completely understand your situation very well. You are absolutely right with your decision of studying an MBA degree to secure your future. Long ago, having at least a bachelors degree was more than enough for a survival but in the recent times, a masters degree or even a professional degree like the MBA is very demanding for people to compete in this competitive world. You are right as 10,000 rupees a month might be very tough for a person to live with.

Studying an MBA will give you a good lead for your future both professionally, personally and even in terms of financially. I understand you have saved some real huge funds to sponsor your MBA fees. 4 lakh money could be actually more than enough to complete two years of MBA education. I shall advice on the colleges where you can study an MBA within a 4lakh budget. And yes, these list of colleges are definitely reputed so you dont have to worry about anything. Graduating from these colleges, you will get respectable job with a very sound pay. The college list is down here for you.

1. IIT Kharagpur - Vinod Gupta school of Management (VGSOM)
IIT Kharagpur's management school is very reputed and they are well known for getting their students place on campus for both full time and internships.

Tuition fee: The tuition fee is charged at 125000 per year and for two years your total tuition fee will account to 250000. The hostel and mess food are separately charged and you can complete your MBA within a 3 lakh budget.

Starting salary: The starting salary at IIT KGP is usually around 7.5lakh per annum and it goes upto 18lakh per annum.

2. IIT Roorkee - Department of Management studies
IIT Roorkee is the next brand under IIT, and are equally reputed. And their tuition fee is also relatively very less.

The tuition fee per sem is 35000, and therefore for a four sem, two year degree it will be 1,40,000. Hostel and mess fees are separate and all together you can fix your MBA budget within 2,00,000/-

Starting salary:The starting salary for IIT Roorkee graduates is around 6.5lakh per annum.
3. Faculty of Management studies FMS Delhi - University
FMS Delhi is the management school under the University of Delhi. It is very prestigious and well known for placing their graduates for on-campus placements.

Tuition fee:The tuition fee at this institute is around 10000 per year and this explains the cost to complete the MBA in two years will be 20,000. So including hostel and food, you should complete your MBA within a 50000 budget.

Starting salary:The starting salary for students graduating from here is around 6lakh per annum and it goes up from this range.

4. Jamanlal Bajaj institute of Management studies - Mumbai
This is also an another well reputed management school and their tuition fee is around 2 lakh for two years. You can pay the fee either in four instalments for each sem as 50,000 or annually as 1 lakh per year.

Starting salary:The starting salary range for students graduating from here is around 3.5lakh per annum and it goes upto 8-10lakh per annum.

Hope this helps. My best wishes for your MBA. If you require further help, please write to us. Good luck.

RE: I'm quit my low class accounting job, and here i'm serious about Mba, and have a 2 or 3 years to study

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