Why Is IIM Fees So High?

Can we get free seat in IIM?

Free seats is not a concept in IIMS as far as my knowledge is considered though if you belong to reserved category then you will get some concession in fees according to the policies of Central government education program..

Does 12 marks matter in IIM?

IIM Ahmedabad is the only Indian Institute of Management that has announced weightage for less than 60% marks scored in academics right from standard 10 to graduation for all the streams in its shortlisting criteria. Other IIMs award no weightage to less than 60% marks in academics.

Why IIM fees is so high Quora?

Once the resources are in place, IIMs are independent bodies with no funding. Hence, they charge fees. And to maintain the level of being a premiere institute, it has to spend on databases, very good faculty, guest lectures. Hence, the fees.

Who got highest package in IIM?

Highest Packages at IIMs 2019:Name of the InstituteHighest SalaryAverage SalaryIIM Ahmedabad (IIM A)Rs. 70 LPARs. 24 LPAIIM Bangalore (IIM B)-Rs. 24.54 LPAIIM Calcutta (IIM C)Rs. 72 LPARs. 25.40 LPAIIM Lucknow (IIM L)-16 more rows•Jul 15, 2020

Can a poor student study in IIM?

there is no such thng that you cant study in IIM if you are financially weak. Students from very poor financial background become very successful if they work hrd with lots of determination. once you get qualified in IIM selection procedure the countrys leading banks will finance you with education loans.

Is IIM expensive?

MBA degrees are expensive, be it India or abroad….Fee Structure of IIM and Non-IIM Institutes.Name of the CollegeFee StructureIIM Bangalore19.50 lakhsIIM Kozhikode16 lakhsIIM Calcutta11.25 lakhsJBIMS, Mumbai6 lakhs9 more rows•Dec 6, 2018

Do all IIM students get placed?

At times, more than 10% of the batch are yet to be placed by the term-end. They either opt of out placements or go for rolling placements. Some institutes even force such students to sign out of placements in an effort to maintain placement standards.”

Why IIM fees are so high?

Although IIMs are government institute, most IIMs are self reliant and do no depend on government for funding. … Although IIMs are government institute, most IIMs are self reliant and do no depend on government for funding. Hence to attract quality professors they need to charge higher fee.

Is there any fee concession in IIM?

Students are provided 100 per cent, 80 per cent, 60 per cent, 40 per cent or 20 per cent fee waiver (based on the assessed financial need) for the entire programme. … IIM-A recently revised the tuition fees by 7.7 per cent to Rs 21 lakh for the two year PGP.

Is IIM government or private?

In fact, all IIMs in India are government-owned subsidiaries and there 20 IIMs in the country today. Dear Deep, IIM Indore is a government entity. In fact, all IIMs in India are government-owned subsidiaries and there 20 IIMs in the country today.

What is the highest package of IIM Bangalore?

What was the highest salary package offered by the companies at IIM Bangalore? A. The highest domestic salary offered during 2019 placements was Rs 24.54 LPA whereas the highest international salary package went up to 62.30 LPA.

Is IIM better than IIT?

IIM the best Those from the top IIMs like Ahmedabad or Bangalore earn Rs 20.6 lakh per annum at the entry level, which is 121% higher than the Rs 9.3 lakh graduates get on average in India, Mettl’s survey of 80 MBA colleges revealed. However, unlike the IITs, the IIMs are not beating the rest by a mile.

Who earns more IIT or IIM?

As employers look for quality talent, engineering graduates from top IITs are fetching 137 per cent higher salary package than an average engineer, while management graduates from top IIMs are getting 121 per cent more than an average MBA graduate, according to a report.

Are IIM students intelligent?

Well, in terms of IIMs and if we see the criteria of admission to IIMs, intelligent person is no more the one who has a good aptitude, but a person who has a strong academic profile. … Only IIM where an average student may not be able to make the cut is IIM Bangalore.

Can a 6 pointer get into IIM?

As per an answer by Rutwik Annadanam, around 15% of IIM Calcutta’s Batch of 2019 had a 6 pointer or lesser in their candidature. That clearly reflects that your academics can be compensated by other things like your CAT score. … Most of them are from an engineering background and have scored exceptionally well in CAT.