Hello,
I think it depends on the grade /level of college from where MBA is done.If you are doing MBA from IIMs , Your starting salary would be above 20lacs per annum. If you are doing MBA from other reputed colleges like XLRI,Spjain, FORE School of management,IIFT, your starting salary would be above 10 lacs per annum.If you are doing MBA from other local college ,Your salary would be around 3 to 5 lacs per annum.
Good luck.

Dear Rewa,

I think a good placement is a result of your hard work, learnings, knowledge, and skills. And of course the college/institution you choose to pursue a degree from. MBA, however, is a very demanding course as every organisation looks for an employee with managerial skills and better industry knowledge. Personally, I have heard a lot about LM Thapar School of Management and their MBA programme. They have better collaborations and placement record which will help you boost your career and receive better job opportunities. Within a short span of time Thapar School of Management have transformed many students into industry leaders. I would recommend you to pursue MBA for a better career. You can also apply for Thapar School of Management as the admissions are going on but you need to hurry up as 7th March 2018 is the last day to apply. I hope this will be helpful for you. Good Luck!