Ms Rashmi has written a very good article. I am a hotelier working with a repute hotel as HOD and Would like to add certain points. 1. All that glitters is not gold- Yes it is a old proverb. Ms Rashmi has mentioned that an MBA person gets a salary of 12K-15K as an stipend i Beg to differ from that. There are lot of MBA guys who are not even getting 4/5 k salary after passing out of college. 2. The students who have done 3 years degree/diploma from National Council/college of good repute has started their career with 10-12k intially and got up the ladder in 3-4 years with 25-30 k. The industry as reflected is not that bad. It all matter from where have you done your professional course and to the great extent the profile of the candidate.