How do people afford IIMs?

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. They provide several scholarships to the needy people.

Is IIM very 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.

Do IIM students get high salary?

In IITs, computer science or information technology graduates are receiving the highest annual package of Rs 6.9 lakh per annum, global online talent measurement solution provider Mettl said in its campus hiring report 2018. …

How much does it cost to study in IIM for 2 years?

The fee for studying in any IIM would range between approx. INR 15–22 lakhs for 2 years now (this is as per the revised structure in 2016–17). For more details, you can visit their websites for the structures to be followed during next year.

What is the eligibility to get admission in IIMs?

The eligibility to get the admission into the IIMs is that the candidate should have passed a minimum of 3 years of graduation from any discipline but from a recognized university. He/she should have scored a minimum of 50\% of the marks in the graduation .

What is the admission fee structure of IIM for cat students?

Fee Structure of any IIM would remain same regardless of your CAT score. CAT is just one of the criteria, final admission is given on the basis of GD/PI. Yes, there are scholarships offered, on the basis of your admission ranks. Also, in case someone who can’t afford to pay the fee, can pay by taking an education loan or something.

How to disburse a loan from IIM to students?

For the students who’ve taken a loan from banks outside, all they need to do is send out an e-mail asking the bank to disburse the term fee as notified by the IIM. The bank officials will take care of the rest.