Average failure

The placement success of reputed schools is only half the story

At one level, the ability of the Indian Institutes of Management (IIMs), other top-rung private B-Schools and the Indian Institutes of Technology (IITs) to achieve placements at steadily rising entry-level salaries in a tough jobs market is a reflection of the high reputation these institutes enjoy. The upcoming placement season is expected to be no different, with these B-schools expecting a 5-10 per cent increment in starting salary offers to Rs 2 million, against average domestic salaries of Rs 1.8 million. The consistent placement success of India’s reputed B-schools, however, should not be cause for unalloyed optimism. It masks a