This compares with a 25% decline in the overall white-collar job market in 2023.Several company officials and HR heads ET spoke to say a classical MBA degree is losing out to the current market trend of hiring talent with specialised skills and those who come at a lesser cost. Ironically, this fall in demand for MBA degree holders comes at a time when their supply is increasing. But where are the jobs at the price point they expect?” said the chief HR officer of a leading financial services company who requested not to be identified. “MBAs from top IIMs have salary expectations of Rs 25-35 lakh. “This is just a hard criterion in many hiring roles,” he said.Kumar’s edtech platform had management courses among the higher growth segments.

Source: Economic Times January 07, 2024 14:12 UTC