An MBA in a place like delhi or mumbai costs not less than 6-7 lalhs from a tier 3 or tier 4 institute..all the students are ultimately placed in sales oriented jobs..which donot require an mba..but in a country obsessed with jobs ...the parents would prefer to spend money on education to become a naukar in the MNC's rather than have faith in their children entreprenurial skills...some times do wonder have the british really left India ?
Don't look at the quality of teaching, only give importance to campus placements before choosing any college... recession is going to haunt you any how !
One should look the curriculam / co-curricular activieties , emplability skils, imparting of soft skill and most important institute industry interaction.