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Education, Careers & Professional News

IIM brand spells high value for money

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Although the government wants to clamp-on fee hike for private institutions like Indian Institute of Management (IIMS), Corporate houses, academics and students are of the opinion that a fee hike will not adversely affect students. Since the IIMS are a powerful brand like the IITS, they are value for money. The IIMS have to find resources for the 27% OBC reservations as other central institutions.

Meanwhile essential to prestigious two-year, post-graduate programme of IIMS has in recent weeks seen a staggering fee-hike concerns that most students. You have to appear for the strict common admission test (CAT) to intervene in the IIMS, the notion of former IIM-a Director, Bakul Dholakia, such as the “toughest” management audit in the world.

The tripling of the fee, for example, by Indian Institute of Management (IIM-A), many believe that they make it an elitist institution only the rich leading to a widening gap between the classes. IIM Ahmedabad increases the fee of Rs 5 lakh for both the years of the course to RS 11.5 lakh, while IIM Bangalore had decided to charge the fee to RS 9 lakh by RS 5 lakh. IIM-Lucknow has its fees from RS 2 lakh to RS 2.5 lakh.

IIM Kolkata has also decided to charge the RS 6 lakh for the entire course of Rs 3.75 lakh and in the presence of IIM Kozhikode decided to charge the RS 6 lakh for the two-year programme of RS 3.85 lakh during IIM Indore increase the fees PGP by RS 1.20 lakh for the new academic session for PGP, the fees for the first year, Rs 3 lakh and Rs 3.1 lakh, the fees for the second year. The fee for PGP in 2007 batch IIM-I is R 1.90 per year.

Does the fee hike, Executive Director, KPMG, Sangeeta Singh, said: “The quality of education must be high quality investments in relation to the faculty, both in terms of quantity and quality, research and project finance, infrastructure for IT - Software and Hardware and construction -, library, guest faculty, interaction with the corporate houses, all the needs of the financing. As long as IIMS are able to maintain the high standards they will be able to charge it. “Annotated reservations, she adds:” reservation to the highest levels of education and erodes earnings is reverse discrimination. ”

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