Expensive Degrees, Low Salaries: ₹5 Lakh Package Still a Dream for 73% of Students

There was a time when degrees like B.Tech, MBA, or CA almost guaranteed a well-paying job. However, that reality is rapidly changing. According to the latest Unstop Talent Report 2026, a significant mismatch has emerged between students’ expectations and the actual opportunities available in the job market.

The report highlights that nearly 73% of graduates aim for a starting salary of at least ₹5 lakh per annum. But the harsh reality is that only about 40% of them are able to achieve this goal. This means a majority—around 60%—either settle for lower salaries or remain unemployed.

Even traditionally high-value degrees such as engineering and MBA are losing their edge. Employers are no longer focusing solely on academic qualifications; instead, they prioritize practical skills, problem-solving ability, and adaptability.

The situation is further complicated by increasing competition. While many IT companies continue to hire freshers in large numbers, they are also cutting jobs in existing roles to control costs. As a result, even students from top colleges are being forced to accept packages below ₹10 lakh annually.

Experts believe that one of the key reasons behind this trend is the gap between college curricula and industry requirements. Additionally, the rise of AI and automation has transformed entry-level roles, making practical, job-ready skills more important than theoretical knowledge.

Overall, the report paints a concerning picture of India’s job market, where a degree alone is no longer enough to secure a high-paying job. Students now need to focus on skill development and real-world experience to stay competitive.

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