For a while the Indian media have been projecting a “much more than rosy” picture of the “fat” salary that IIM graduates reportedly get
Figures of “Crores of Rupees” routinely get mentioned.
This has led to “heart burns” for students and the general public who actually get salaries that are far below.
The mushrooming B Schools in the country use such news item to “lure” potential candidates
Unfortunately, so far most Institutes were not “bold enough” to tell the world that what gets reported is NOT truth, though the item portrays the Institutes in a formidably positive way.
In this backdrop I am so happy that Professor Saral Mukherjee, Placement Head, IIM-A decided to write a very balanced article “Truth about astronomical IIM salary packages” in Economic Times on March 12, 2010.
The learned professor’s words “”It is a signal to the world that IIM-A students are mature enough to disassociate themselves from a very flattering portrayal if the portrayal is not true” should make IIM-A proud
I wish EVERY member of B School Management, faculty and students read this article