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How can a student from poor family afford to study at IIM Ahmedabad? My father nearly had a heart attack when he heard about their fees structure. Is 25+ lakhs for a 2 year MBA program worth it?

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Aarti Ahuja Posted On : September 13th, 2023
Lives in Ahmedabad

I don’t think you should worry about the high fees at all since the banks on campus take care of 100% of your fees. All you need to do is show them your admission letter, and they will provide you with decent loans. Many banks are easy to give you loans of up to 30+ lakhs some without collateral too in the case of A, B, or C.

Once you have made it to IIM Ahmedabad you can change the date of your family. With enough hard work, you can land a job that will help you repay the loans within 3-4 Years. 

So what you need to do is just become determined to work hard and earn your fees!

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How do I get admission in MSU Baroda for MBA?

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Tripti Mishra Posted On : December 22nd, 2021
B.Pharm from The Maharaja Sayajirao University of Baroda

For getting admission into the MBA program at MSU Baroda, you will need to take CMAT. If you get a decent rank, you can apply for the program through the ACPC website. You can fill out your choice for college on the website. If your clear the required cutoff for that year, you will be allotted a seat in FMS (Faculty of Management Studies) MSU.

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How good it is to do MBA from faculty of commerce BHU?

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Shubham Satnami Posted On : November 18th, 2022
MBA in Masters of Business Administration Degrees and Faculty of Commerce , Banaras Hindu University (Graduated 2019)

At BHU, MBA is a good option as it provides a lot of quality placement opportunities. But your own efforts to acquire knowledge of the corporate world matter the most. You cannot just complete a course and expect to be placed at an MNC. You have to be ambitious and put in maximum effort.

Some key points to be considered if you want to avail good placement opportunities are:

  • BHU holds seminars at both national and international levels. By attending these, you can upgrade your resume for the better.

  • If you are pursuing MBA Financial Management you must complete NISM (SEBI) and NCFM (NSE) Certifications which will give you practical knowledge of the share market.

  • In this tech-savvy era, even MBA students should be well versed in Excel, MS Word, PowerPoint Presentation, and Tally.

  • Creating an impressive CV requires- at least 2 internships at reputed companies, certifications from NISM, NCFM, NPTEL, SWAYAM and participation in national seminars.

  • Practice well for the interview 

  • Make the best use of your free time. Do as many internships as possible. Gaining a lot of experience will help you in the long run and you won’t regret investing your free time.

BHU MBA course is as valuable as that of any other college. You are bound to get excellent results if you invest maximum time and effort in the same.

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How is IET Lucknow for an MBA?

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Shreya Kulkarni Posted On : August 3rd, 2021
Studies MBA at IIM Ahmedabad 2021

One of my friends is a recent alumni of the institute. According to him it is a really good institute. Let me share his experience which might help you get to know the college better.

  • A few years back, IET Lucknow offered MBA only in HR, Marketing, Finance, IT, and IB.
  • In case you want to go for IT or IB, you might have to study yourselves, without the assistance of the faculty.
  • The professors are usually supportive and extremely co-operative. However, their pedagogy is not as best as you can possibly anticipate. Most of the faculty is contract based.
  • Fundamentally, the HOD and the office boy are possibly the only permanent members of the institute.
  • The fees, however, are extremely low. It is 60,000 to 70,000 for a period of 2 years.
  • You should obtain a very good rank so as to enroll at IET Lucknow. My friend mainly secured the position of 72nd in the general category.
  • The placements for MBA students is not particularly the best.
Categories MBA at IET Lucknow
Course Fee 79,775 (1st year)
Course Duration 2 years
Highest CTC 20-30 LPA
Average CTC 8-10 LPA
Recruiting Companies IBM, Infosys, Accenture, Cognizant, etc.

You can choose enrolling at IET Lucknow since it is better than most other other institutes located in vicinity of it. Since IET Lucknow is also affordable, the general pressure of loans usually gets off the shoulders of students.

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Is IFMR, CHENNAI worth the fees of 14 lakh for MBA for a b.com fresher who is going to finance it through education loan?

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Nishant Suri Posted On : March 20th, 2021
M.B.A. from Institute for Financial Management and Research, Chennai (2018)

Yes, you should definitely consider going here and it will be worth the loans and finances you invest into this college. One of my friends has taken admission in IFMR through an education loan. He says the institute is totally worth it. The amount you invest in your education will not only depend on the return on investment but also on growth opportunities.

  • At IFMR, you will see a mix of extensive and rigorous study but great packages and good opportunities. 
  • Once you enter the college, you will realize why the fees demanded from students are so high. 
  • From my knowledge, the place is a nonprofit organization. This means, you will get what you pay. 
  • It has great hostels, faculty, and a mess with all-around growth even if you are a lazy student.

Both placements and the packages offered here are very good. It has a 100% placement record since the college began 40+ years ago. In the 2020 placement drive, the highest CTC offered was INR 13.6 LPA with an average CTC of INR 9.37 LPA. Some of the top recruiters include JP Morgan and Chase, Deloitte, Cognizant, and HDFC Bank.

Now since you are specifically talking about a loan, let me assure you that you can come to IFMR without any hesitation. This college has excellent placements and growth opportunities in market-leading MNCs and you will definitely be able to cover your education loan. In the long run, you will able to make money hands over fists. Your return on investment will be good.

From what you can see above, the packages offered at IFMR match industry standards as well. Therefore, you clearly don’t have to worry. It is value for money and you can take an education loan without worries.

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What was your Statement of Purpose for IIM Bangalore PGP?

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Sunita Bose Posted On : July 26th, 2022
Alumni of IIM Bangalore

An good SOP for IIM Bangalore should be a summary of your academic and extra-curricular activities, relevant work experience and your achievements. It should highlight the knowledge, skills, and values that you have picked up through your journey. 

  • Your SOP should tell your story. Add a bit of personal touch. 
  • Make it crisp, and maintain the word limit. Follow the specified font style and size. 
  • Don’t write your SOP as a resume. 
  • Make sure your SOP is original and unique. Don’t copy one from the internet. 
  • Take your time while writing your SOP.
  • Make sure there’s no spelling mistakes or grammatical mistakes. 

Your SOP will set the course of your interview at IIM Bangalore. So, assign ample time in writing it and make sure it’s depicting your story perfectly. 

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Should I go for an MBA from FORE School of Management, given that I have really bad academics and I shall never get into IIM(s)?

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Tanvi Jiswal Posted On : August 24th, 2022
Studied at FORE School of Management

FORE School of Management is a good option for pursuing MBA. Many skilled managers have graduated from the institute. It offers good placement and exposure. Reputed companies such as Accenture, ITC Limited, Deloitte, etc. took part in FORE School of Management placements 2022. The average CTC offered was INR INR 14.04 LPA. 

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Which one is better for MBA, Chitkara or Chandigarh University?

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Ayush Bansal Posted On : November 10th, 2021
studied MBA Business Analytics & Marketing at Chandigarh University (2021)

Chitkara and Chandigarh University are great options for doing a B.Tech. For MBA, you should not consider these institutes. After completing your degree from these institutes, you won’t be able to get decent job options, unless you have a master’s degree from reputed universities. 

Try to get into Govt. colleges. If you are an engineer, try to improve your skills, make projects, and try to get jobs at MNCs. If you are from a general background, it’s better to prepare for CAT. 

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I currently have a salary of 25L as a product manager. Is it worth it doing an MBA further at ISB, Hyderabad or in US universities? I want to do entrepreneurship, and a MBA for networking

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Antra Anapindi Posted On : February 9th, 2023
Former Co-founder & COO/Head of Admissions (2017–2019)

Since your main goal is to grow a stronger network, considering US universities is of no use. However, if you are okay with developing international networks US universities are a viable option. 

Comparing ISB Hyderabad with a US university is a lengthy discussion. Your choice should depend on whether you are planning to settle abroad or settle within India. If your ultimate goal is settling abroad, US universities should be your only option.

If we compare the pay structure, the average package offered at ISB Hyderabad is nearly the same as your current salary whereas US universities offer 7 times better salaries.

Both options require a lot of effort from the initial stage. To get into either, you need a spectacular profile and an impactful application strategy.

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Which PGDM is better, IMI in New Delhi or TAPMI?

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Abhishek Dutt Posted On : March 15th, 2023
PGDM from T. A. Pai Management Institute (Graduated 2019)

IMI Delhi is ranked higher than TAPMI in most of the rankings one will come across. However, the scenario may differ based on work experience, expectations from an MBA, and the major one is looking for.

IMI Delhi has a better record of companies coming for placements than TAPMI. But, TAPMI has a different approach to placement reports. The figures are CRISIL certified, and the aim is to provide world-class education with a rigorous curriculum unmatched in the industry. The education and rigor received at TAPMI will make the investment worth it.

Life at TAPMI is tough, and it is not the typical B-School one would wish for. The institution is strict about every detailed aspect, and there won’t be opportunities to go home every fortnight or bunk class. However, a wonderful campus with best-in-class facilities will be provided, and personal expenses won’t skyrocket.

Placements will not be an issue once the necessary skills are acquired. Opportunities in every field of every kind will be provided, and the faculties are top-notch with high industry experience.

In the end, the decision is up to the individual.

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