Management education is only for the rich.

Nidzi

Nida Shaikh
Management education in India is getting expensive day by day.At every step, non-rich students face problem in getting management education.

So tell me what do u people feel is management Is management education only for rich peoples?
 
This is creating a Great pressure on the Students. Students whose family income is not even 3-4 lakhs, how can they think to study in these institutes on their own. How will the middle class people able to afford such huge amt of fees. The only hope for the lower middle class or poor student is bank loan. But, there are a lot of requirements for the banks for giving a loan.& it may happen that processing a bank loan can take long time.
 
Some IIMs have increased their fees to more than 12lacs.Nearly,all top 30 institutes have fees ranging from 7 lacs -15 lacs.This is creating a Great pressure on the Students.. How will the middle class people able to afford such huge amt of fees..
 
it is true that Management Education has become very costly these days and a middle class family really finds it too difficult to afford the cost of education.
But for the really meritorious students, still there are plenty of scopes. The nationalized banks are giving education loan on easy terms and many other scholarships are also available for them.

As such, Management Education, though costly, is not beyond the reach of the really deserving and meritorious students. All one has to do is to prove his ability and avail the opportunities around him/her.
 
Education is business and it is always going to reel high. Not only management education but all streams let it be engineering or medical. There are so many minimal institutes have opened up with having no value and zero credibility. First pay fees and then get the admission is what is the new trend in the market. We are not moving towards smartness, we are just learning that same old thing in different way.
 
I do not think that management education if only for the rich. If you have talent and ability then you can get everything. With talent, you first need to crack your entrance exam and then lots of education loan schemes are available for you which can be paid after getting degree and job.
 
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