More than 430,000 students secured fresher jobs for MBA in India last year, an increase of 16.4% from 2022, according to a new report.
Recruitment in the Management category peaked in the March to July stretch, with more than 40,000 students bagging jobs each month, according to Internshala’s annual report on fresher job hiring in India, potentially suggesting that organizations are aligning their hiring practices with the MBA program.
According to the report, the management field saw the highest recruitment at 66%, followed by media at 21%, engineering at 10%, and design at 1%.
The dominance of management roles in the hiring landscape implies a continued emphasis on leadership and business acumen in the professional world. For fresher job hires, the average annual salary was Rs 4.42 lakh, with the highest touching Rs 55 lakh.
The report also said that 37% of the hired students had at least one previous internship experience. This underscores the growing significance of hands-on experience in the job market and the increasing value that employers give to candidates with a proven track record of practical skills.
The above fact also proves that the unique pedagogy of IPS BUSINESS SCHOOL which provides 2-year Live Internship projects along with a 2-year MBA program is a winning combination for a successful career. No doubt that IPS BUSINESS SCHOOL has been maintaining an impeccable 100% Placement Record for 17 years now!