Can a middle class student afford the fee of IIM?
Asked about IIM Ahmedabad - Indian Institute of Management - Master of Business Administration (MBA)
-
Yes, Everyone can afford the fee of an IIM. Over the years IIMs have ensured that there are no dropouts because of financial reasons. They provide several scholarships to the needy people. Almost everyone who needs (not wants) a scholarship gets one. Also IIMs ensure that you have access to capital via bank loans. It literally takes 15 minutes to process loan of an IIM student if you have documents ready. There is no need to worry about the fee. -
B
Answered by
bulbul MOHANTY I am highly inquisitive and strive to excellence | Contributor-Level 9
9 years agoYes , of course, and most of the students in IIM are from middle-class family only, and, a good student never think about the class of the family,just he thinks about how his tough preparation will reach him tothe IIM, so be positive and competent. -
Yes there are scholarships both at central and state levels.Moreover there are financial institutions to offer study loans .What one requires is hard work and get good job soon after degree and IIMs have the repo for the same.The loan can be easily paid back. -
yes of course u can afford.see most imp is getting best college.so for making your career u should not think like this.many students in IIM are from middle class only.
Similar Questions for you
IIM Ahmedabad's selection criteria is entrance-based for the offered courses. Students need to meet both the basic eligibility and clear the selection rounds as well. Check out the table below to know about the selection criteria for IIM Ahmedabad:
| Courses | Selection Criteria |
|---|---|
| PGP | CAT + Analytical Writing Test (AWT) + Personal Interview (PI) |
| PGP-FABM | CAT + Analytical Writing Test (AWT) + Personal Interview (PI) |
| e-PGP | CAT/ GMAT/ GRE/ IIMA Admission Test (IAT) + Personal Interview (PI) |
| MBA-PGPX | Valid GMAT/ GRE score + Essay submission + PI round |
Yes, IIM Ahmedabad is certainly costly. IIM Ahmedabad total fees ranges between INR 64,000 and INR 33 lakh. The fees vary depending on the programme and specialisation selected by the students. The fee for certain programmes certainly falls in the higher end of the spectrum. Students need to pay INR 25 lakh as IIM Ahmedabad MBA fee. However, considering the fact that IIMA is one of the top-rate IIMs and limitless oppurtunities students can experience at the institute, it might be considered a worthwile investment. Further, the institute also offers financial aid to its students.
The premier Post Graduate Program in Management (MBA) and the Post Graduate Program in Food and Agribusiness Management (MBA-FABM) are two of the several management programs that IIM Ahmedabad provides. Additional programs include the Executive MBA (PGPX) for working professionals, the Fellow Program in Management (PhD), and the e-Post Graduate Program (ePGP), an online course for executives. Professionals seeking to advance their careers can choose from a variety of management development programmes (MDPs) offered by IIM Ahmedabad. Each programme offers top-notch business and management education while accommodating various career sta
Taking an Exam? Selecting a College?
Get authentic answers from experts, students and alumni that you won't find anywhere else
Sign Up on ShikshaOn Shiksha, get access to
- 65k Colleges
- 1.2k Exams
- 687k Reviews
- 1800k Answers
