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Is MBA expensive in India?

Is MBA expensive in India?

MBA fees in India ranges from INR 20,000 to INR 40 lakh for two-year full-time program. Take a look at MBA college fees in India range-wise also know the reason why MBA fee structure varies from one institute to another. MBA fees in India for the full-time programme ranges from INR 20,000 to INR 40 lakh.

Why is MBA tuition so expensive?

Higher education costs in the United States have outgrown the rate of inflation, and getting an MBA has associated tuition expenses along with rent and book costs.

Why is MBA at IIM so expensive?

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.

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Why MBA is the most expensive course?

It is a well-known fact that MBA is also among the most expensive courses to study globally. Aspirants pay hefty fees to complete the two-year programme. Even before making it to a B-school, a candidate invests in preparing for the entrance exams, too.

Are IIMs overcharging for their MBA degrees?

IIMs in their earlier days when they were established were offering a dirt cheap MBA degrees (Initiation Phase). As the demand for management graduates has been constantly on a high and payscale are great too, IIMs became popular very Short Answer: IIMs are overcharging for their education by about 2x. Period!

Why are the fees at IIM Hyderabad so high?

They are an autonomous body. The fees at any of the IIM is not high if you look into the long term perspective.They charge this exorbitant amount of fees from the students but they also incur huge expenses for running the institution. There are labs and state of the art machines equipped in every IIM, and the cost of managing them is high.

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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.