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The Issue of IIMs’ Fee Hikes (Discussion)

Kunal_Gupta saidTue, 29 Jul 2008 13:13:08 -0000 ( Link )

Studying at the Indian Institutes of Management (IIMs) is now much costlier than before. As we all know IIM-Calcutta and IIM-Ahmadabad have hiked the fees . IIM-C’s two-year post-graduate course will now cost Rs 7 lakh starting from the academic year 2008-09, up from the current Rs 4 lakh. The same course at IIM-A will cost Rs 6 lakh, up from Rs 4 lakh. The other four IIMs are expected to announce similar fee hikes later this year. Do you think the increase in fees is justified? Will you now put your IIM plans on hold? Is going for student loan a way out?

This suddenly has come as a surprise for many students aspiring to crack the CAT and capture a seat in the IIM’s , so what are the options open for them , let us discuss and try to shed more light on the topic.

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  1. gauravjain26 saidTue, 29 Jul 2008 17:04:25 -0000 ( Link )

    please don’t mind me saying LOL!!! saying that just coz of one thing…. once you get the ticket for iims, you think you will get any problem getting sponsorship?????

    even if it’s 10 lack…. you will get going as smoothly as you cant even imagine

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  2. Kunal_Gupta saidTue, 29 Jul 2008 21:03:33 -0000 ( Link )

    Not everyone gets ‘sponsorships’ actually very few do , and many of the selected candidates are from smaller cities and villages and cannot afford to pay up the fee demanded by the IIM’s . Moreover many of the selected candidates lack information about sponsorship and other means of financing their education, i think more efforts should be made in future on this issue.

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  3. gauravjain26 saidWed, 30 Jul 2008 08:24:21 -0000 ( Link )

    That could be posible. but the reason i am saying that they don’t lack sponsorship is -

    i have whole list of companies who are ready to accept iim tag a student got and dont ask anything more than that and even the banking institutions like icici and other student loan providers asks for minimum paper work and other official detials in case the a student has visa for the world called iims

    plz correct me if i am wrong somewhere

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