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MANAGEMENT COURSES ARE BACK IN DEMAND AS PLACEMENTS ARE BETTER AND STARTING SALARIES HIGHER THAN EVER BEFORE. B-SCHOOLS ARE EXPANDING THEIR PRESENCE DEEPER ACROSS THE COUNTRY TO CASH IN ON THE BOOM.

- ANUP JAYARAM

SONIA TIWARI who completed her BTech in computer sciences in 2021 was in a bit of a quandary she had an offer from an IT major for a coding job along-

side an admission into a two-year business studies programme at a mid-rung B-School. Since the salary package offered was not up to her expectation, she decided to take the plunge into business studies. Sonia is among over 4,00,000 Indian students who will be studying MBA in 2022.

Sonia’s choice is not surprising. After a gradual fall in number of B-Schools and student intake in India from 4.56 lakh students across 3,608 institutes in 2014-15 to 3.72 lakh students in 3,037 institutes in 2019-20 admissions rose to 4.03 lakh students across 3,107 institutes in 2021-22.

That is not all. As corporates recover from two bad years, more companies are looking to hire students from B-Schools, leading to much better placements. Consulting firms continue to be the biggest recruiters. They hired 31% students

at Indian Institute of Management Ahmedabad and accounted for 36% of the hires at Indian Institute of Management Bangalore.