Why should one select IIM with loads of fees, if there are others in top 10 with much lesser fees?

Being a CAT trainer for the last 20 years, I would say that your query is valid. All B Schools in the top 10 have the same value and credentials. I believe there is so much of a hype created from all quarters, as far as IIM's are concerned, which in turn narrows the outlook or perspective of student

For quality, IIMS are outstanding and they offer the best possible placemnt opportunities in the market.It means that a student gets satisfaction as well as good salary at an early age.