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BUSINESS NOT AS USUAL: The mood in most B-school campuses is grim this year.

BUSINESS NOT AS USUAL: The mood in most B-school campuses is grim this year.

Meltdown heat: B-schools can't bank on fat pay

While Jet Airways employees are celebrating, business schools in India appear to have hit an air-pocket. With campus favourites like Lehman and Merrill Lynch falling prey to the financial crisis, pre-placement offers are looking rather bleak. It means no more jaw-dropping milion-dollar salaries and sectors as varied as hospitality, real estate, advertising and even NGOs coming to campus.

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