What are the biggest misconceptions about IIMs?
Hi Mukesh,
Misconceptions are a part of life. You are 99% perfect but that 1% imperfectness drags all the 99% into nothing.
See, IIMs are the top B-schools in India and for getting into IIMs the competition is very very high. The percentile ranges from 97 to 99%ile for the selection along with several other factors.
Misconceptions are generally based on these factors, these are:
- Fees Structure for 2 year
- Placements
- Worth it or not?
- Future scope
See, misconceptions are build by humans not the institute. In fact, you need to understand about the value education such schools provide along with finances.
In shorts, many people think that investing a sum of approx. 25 lakhs into B-schools is a waste of money. An individual takes many years to earn this sum of money. But they don't realise that this can pay you back for sure. Placements in IIMs are worthy and it totally depends upon the skills of an individual. Also, an individual needs to focus on what is right or wrong. Since, there are many misconceptions related to IIMs but the fees structure and placements are still on the top!
Hope you get your answer.
Thanks!
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