IIM- Ahmedabad may arguably be India's best business school, but according to a recent survey by Deutsche Bank, its graduates earn nearly half of what their counterparts from Harvard Business School do.
According to the survey, graduates from the elite IIM-A on an average get 53 per cent of the salaries offered to Harvard's alumni.
In 2014, the average annual salary offered to IIM-A graduates was $65,442 whereas Harvard Business School graduates were offered $124,085, the survey said.
However, when it comes to return on investment IIM-A, beats Harvard hands down, as tuition fees at the Indian B-school are 21 per cent of what Harvard charges its students, according to the survey.
The fact that IIM-A offers more bang for the buck, was also validated by The Economist in a survey last year.
According to The Economist, the return on investment on an MBA course from IIM-A (a year after the course) is 44 per cent as compared to 15 per cent for Harvard.
A Financial Times survey earlier this year ranked IIM-A ahead of Harvard in terms of 'career progress'. The survey calculated 'career progress' of B-Schools according to changes in the level of seniority and the size of the companies their alumni are working now, compared with before their MBA.
According to the survey, graduates from the elite IIM-A on an average get 53 per cent of the salaries offered to Harvard's alumni.
In 2014, the average annual salary offered to IIM-A graduates was $65,442 whereas Harvard Business School graduates were offered $124,085, the survey said.
However, when it comes to return on investment IIM-A, beats Harvard hands down, as tuition fees at the Indian B-school are 21 per cent of what Harvard charges its students, according to the survey.
The fact that IIM-A offers more bang for the buck, was also validated by The Economist in a survey last year.
According to The Economist, the return on investment on an MBA course from IIM-A (a year after the course) is 44 per cent as compared to 15 per cent for Harvard.
A Financial Times survey earlier this year ranked IIM-A ahead of Harvard in terms of 'career progress'. The survey calculated 'career progress' of B-Schools according to changes in the level of seniority and the size of the companies their alumni are working now, compared with before their MBA.
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