Harvard MBAs struggling for jobs. Is an IIM degree for Rs 25 lakh still a good bet? Netizens debate
Wall Street Journal reports that securing a professional role in the U.S. has become so difficult that Harvard Business School acknowledges its graduates can no longer rely solely on the university’s reputation.
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According to the school, 23% of job-seeking Harvard MBA graduates from last spring were still unemployed three months after graduation, up from 20% the previous year and 10% in 2022. Kristen Fitzpatrick, who leads career development and alumni relations at HBS, noted that the school is not exempt from broader job market difficulties and emphasized the need for graduates to demonstrate strong skills beyond their degrees.
Harvard isn’t alone—over a dozen top MBA programs, including Wharton, Stanford, and NYU Stern, saw their worst job placement rates in recent memory last year.
Discussions on social media
Discussions on social media reflect a growing debate over the value of an IIM MBA, especially given its rising cost. A user questioned whether spending Rs 30 lakh on the degree in 2025 is worthwhile, arguing that an MBA from IIM no longer guarantees career success. They pointed out that unless one is clear about the return on investment, taking on such a loan could lead to years of financial strain. With post-MBA salaries typically ranging from Rs 15-20 lakh per year,
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