Home > Bangalore > Indian Institute of Management - [IIMB], Bangalore > Courses & Fees
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Truth be told, education at IIM Bangalore does not come cheap and set me back by Rs 18 lacs (all inclusive) over the 2 years. But again, I need not re-iterate that the investment is worth every bit of its salt and the returns are enjoyed for perpetuity.
The PGP course truly and thoroughly lives up to its hype of being rigorous. 6 Terms, 30+ subjects, 100s of case studies, and innumerable tests - all of this crunched in a blink-and-you-miss period of 21 months! But what it also does is teach you how to handle all this. Students learn how to manage time, prioritize things to do, and yet manage to enjoy life on campus. IIM Bangalore advocates the case-method of teaching with text books and class notes serving as back-up material. Most professors give announced tests (phew!) - but there a few subjects with surprise quizzes too. One of the most fantastic things about my 2 years at IIM Bangalore was the rich peer learning that I was subject too....
It bordered on feasible during my time. In the recent years, I think the IIMs have steadily hiked their rates. They appear to be competing with private institutions and I'm not sure how many people they will end up losing as a result of this. I did not avail any loan. Several banks line up since it was IIM-B. Several folks availed of the offers and the payment needed to only be made later.
The fee is a subjective topic. For the quality of education, it is quite inexpensive. However, if you look at the per capita income etc, it is expensive.
The course was divided into 2 parts - first year was general and the second year had the stream of electives. This course is for working professionals and classes would happen on Friday, Saturday and if required on Sunday.
It bordered on feasible during my time. In the recent years, I think the IIMs have steadily hiked their rates. They appear to be competing with private institutions and I'm not sure how many people they will end up losing as a result of this.
The course curriculum was diverse including advance Finacc,Advanced Corp Fin,Social Entrepreneurship,Brand Management to name a few. It was a great variety of courses on offer.
It is definitely expensive and every year the fees is increased say by atleast 10 to 20%.
The fees at Indian Institute of Management Bangalore was seventeen lakhs for 2 years. This include the tuition fees and hostel fees. Mess fees is separate.
It was generic in 1st year and we had electives from term 4 onwards. 6 electives per year. The electives ranged from all the disciplines such as finance, marketing etc.
It is feasible at around 14. 6 lacs during our time. All banks are amenable to giving loans to students who qualify for IIM B. To some it might look at expensive but where in the world is an MBA programme not expensive
95K per quarter, for 10 quarters. This fee has been raised off late, and the quarterly fee is ~ 1. 5 Lacs INR. # of quarters has been reduced to 8. Fee is to be paid at the beginning of each quarter. Banks transfers / cheque facilities are available.
Extremely rigorous curriculum, with exactly same focus as PGP (2 year residential program at IIM). PGSEM/PGPEM participants have to take the same classes with the PGP participants, and have to sit exams with the same PGP folks. Depth / Breadth of curriculum is apt for MBA experience.
Fees during the 2010-12 batch was 15 lakhs. A good majority of the students took a scholar loan from SBI. Upon graduation most people have managed to pay off their loans in under 3 years.
Courses were structured into core and elective courses. The first two trimesters had only core courses to give the basic foundations in marketing, operations, finance, organizational structure and accounting.
It has now turned expensive. It was 9 Lakhs when I joined. It has gone up now. However considering the fact that IIM grads earn quite handsomely after their degrees, it is quite manageable unless you want to launch a startup. I would still call it feasible.
Curriculum is very well designed but it's quite theoretical. Entrepreneurship should go beyond case studies. After I started my non-profit, I was not prepared by the very basics like chosing the financial model of my organization and procedure to get it registered. Research wise it is far better than any other Indian Institutes but doesn't stand anywhere when compared with Harvard / Wharton / Kellogs etc.
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