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Is it worth spending money in IIM MBA?

Is it worth spending money in IIM MBA?

So in every aspect, it is all worth spending 15-16 lacs for an MBA from IIM Lucknow as students can easily cover their fees in the first year itself after getting the placement. So if you’re planning to get admission to IIM Lucknow then just go for it as it will become one of the best decisions of your life.

Is it worth spending 20 lakhs on MBA?

It is worth every bit of it. You spend 20 lakh over 2 years. You are going to recover that money within 3-4 years of your working life. Once you hit break even, all you have to do is earn and save.

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Why MBA in IIM is so costly?

IIMs unlike the IITs don’t receive any funding from central/state government. There are some reasons why IIMs charge this exorbitant amount of fees from the students: The students in IIMs get the contextual analyses from Harvard, Standford and Ivory, which are very costly but extremely productive and justified.

Which IIM is best for Executive MBA?

The Indian Institute of Management (IIM) Bangalore has been ranked as the best Indian institute for its executive MBA programme. The IIM has also got 39th spot globally, in the latest edition of QS Executive MBA Rankings.

What is cutoff of IIM Ahmedabad for Executive MBA?

GMAT Cutoff for Top 3 IIMs

Institute GMAT Cutoff
IIM Ahmedabad 720
IIM Bangalore 704
IIM Calcutta 728

What are the benefits of doing an MBA from IIM?

Exposure: When you pursue an MBA from an IIM, you experience myriad things every day, and you get exposure to multi-domain knowledge which is unparalleled. MBA from IIM widens your horizon of knowledge and awareness. Network: It is said that Network is your net-worth. Indeed!

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What is the average CTC in new IIMs?

Average CTC in new IIMs are 13-14L, which lead to 7-8L in hand. How would I repay my loan of 18L which amounts to 22+L after 3 years? Is it wise to join new IIMs? – CAT 2021 Mentoring Average CTC in new IIMs are 13-14L, which lead to 7-8L in hand.

Do IIMs make you pay the same fees as other universities?

As it happens, no. As a matter of policy, the IIMs ensure that no selected student is forced to drop an admit due to financial constraints. Yes, they make everyone pay the same fees. However, banks are eager to disburse loans to these students because the IIM tag is that valuable.

What is the relationship between IIM-A and Harvard Business School?

Thus, the IIM-A (along with a dozen others globally) was set up, and became a perennial funnel for HBS case-studies, visiting faculty, research, and the like — meaning, IIM-A has to pay HBS hefty fees for all this. It’s basically an extended arm of HBS.