IIM fees are not at all justified. I fail to understand how come such a big mgmt institute do not get the very first thing.....If you are going to charge so much...This guy will not work for country...He has work in some MNC to pay back loan.
There are few students who like work for country or for NGO or start there own business. All this require this person should not be in debt the day he is out of college.
I feel if a IIM Student do attend campus or accept any campus offer and work for country OR start his own business. Then his loan must be made void.... His education must be free.
IIMs thus eludes the basic purpose of there existence.
RE:Not at all Justified
by Anuj Goyal on May 13, 2008 05:23 AM Permalink
Corrected msg:
IIM fees are not at all justified. I fail to understand how come such a big mgmt institute do not get the very first thing.....If you are going to charge so much...This guy will not work for country...He has work in some MNC to pay back loan.
There are few students who like work for country or for NGO or start there own business. All this require this person should not be in debt the day he is out of college.
I feel if a IIM Student do NOT attend campus or accept any campus offer and work for country OR start his own business. Then his loan must be made void.... His education must be free.
IIMs thus eludes the basic purpose of there existence.
RE:Not at all Justified
by Priyanka Hazra on May 13, 2008 07:48 AM Permalink
This is a very valid point. If I manage to get my wards admitted in IIMs with this fee hike definitely I will advice them to work for MNCs with overseas placements since you have to pay back the loan with full interest. This means India is producing efficient managers but not able to reap the benefits of a good harvest. Anyway I do hope policies will change.
RE:Not at all Justified
by Anuj Goyal on May 13, 2008 10:24 AM Permalink
There is difference between what is happening and what is the the possibility of happening....This takes possibility close to absolute zero...Where as policy should do other way round...They should increase the possibility.......
RE:RE:Not at all Justified
by ritesh agarwal on May 19, 2008 11:31 AM Permalink
you are right and let me inform you that at least 3 IIMs are raising an endowment fund to exempt the loan of people willing to work in NGO. People from my batch are working towards it and have already raised a substantial amount :)
