Business dull, 65 B-schools across India to shut down

 MUMBAI: On the academic floor, the MBA programme was once supreme. Arrogantly and unambiguously, it became the final sign-off to schooling, attracting not only those interested in business but also all those who wanted to master the tools of management.

PSUs which last year saw lion’s share of graduates opting for it, took a dip this year. 2010 saw the return of Banking and Finance as the major recruiters..

A look at the placements of 2010, however, shows some signs of recovery. Spearheading this recovery, is an average 25 per cent upsurge in average domestic salaries across top rung B schools.