I am planning to take GMAT and then go for MBA at institutes like IIMs. I was planning and saving the money to the tune of Rs 7-8 lacs for this course. Suddenly, one of my fiends called and told that how you can plan for this as its fee is Rs 15 lac at IIMA (PGPX). Since I am so strongly made up for this degree that I'll certainly go for this and will take a loan as my savings will not suffice; but I am disappointed. Though some news are coming that FM is going to rise study loans to the tunes of Rs 280000 crores this year apart from making the process of study loans easier yet it seems a mountain for middle class student like me. Justification to fees may come but if you put the records of salaries aside, the justification of these fees in terms of salary earned lies in the womb of future for an entrant. He sees only present which seems immovable like mountains in terms of fees.
