MBA exams in India have become one of the greatest money spinners. Each exam makes the conducting body richer by figures running in Crores, thats a handsome amount by any standard. One exception to this whole exercise of using these exams for generating revenues is JMET. JMET is the only exam where you need to take the exam first and then apply to the associate institutes. This not only cuts down the number of applications received by the institute but it also means candidates do not end up spending thousands on speculative applications.
Many institutes see there high application fees as a tool to ward off speculative applicants. But, In my view all these institutes would do good if they just make their selection policies public. No one knows how people at SP Jain are shortlisted or how SCMHRD shortlists or for that matter, how SIOM came with its shortlist this year around. SP Jain and SCMHRD at least had a very elaborative form for giving out profile based calls but for geniuses at SIOM two lines of accomplishments were good enough to call spade a spade. SIOM receives just 2000 applications doesn't really corroborate the money making theory but the shortlist was unjustified anyways. All these institutes do not conduct the exam and yet they charge you a thousand bucks per application and one would think that major cost would be in conducting the exam and not shortlisting the candidates. Worst part is that not much can be done about it because no institute is forcing you to apply. Isnt this typical of a monopoly?
Desi MBA | Latest
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment