IMT is one of the pioneer B schools in India and This fine B school has a very positive image in the mindscape of MBA aspirants. IMT used its first mover advantage to the fullest to make this B School what it is today. IMT is now about to extend its first mover advantage to a new level. First batch of IMT Dubai will pass out this season. Placements are in full swing and results are decent enough. But, do these placement figures justify the high investment cost one has to make in order to become an alumni of IMT Dubai? Not really.
A quick look at IMT Dubai's fee structure reveals that one has to shell out 76.5K AED as tution fee alone and taking other expenses into account the total expenses swirl upto rs. 20.5 lakh. Thats a huge amount for a school which has just come into picture. Ofcourse, the fees and other expenses are high because of the location of school and not on account on some ridiculiously high charges levied by the institute. But shouldnt Dubai compensate for all the expenses incurred? Ideally, it should but unfortunately it doesn't. The average package this year was INR 12L, with highest package at INR 26L. To top it, not all students get placed internationaally, that means longer payback period. Here is the math.
Total expenses calculation for two year stay at IMT Dubai.
ROI after two year stint at IMT Dubai
This isnt very rosy and I dont see the picture getting rosier in near future. This year they have given out calls to people who scored 75%ile in CAT or 500 score in GMAT. Not many workex people will go there. All this will translate only into a mediocre batch and un-deniable recession in global markets will do anything but help IMT Dubai students to get astronomical placements. My advice, Do your math before you take the plunge.
A quick look at IMT Dubai's fee structure reveals that one has to shell out 76.5K AED as tution fee alone and taking other expenses into account the total expenses swirl upto rs. 20.5 lakh. Thats a huge amount for a school which has just come into picture. Ofcourse, the fees and other expenses are high because of the location of school and not on account on some ridiculiously high charges levied by the institute. But shouldnt Dubai compensate for all the expenses incurred? Ideally, it should but unfortunately it doesn't. The average package this year was INR 12L, with highest package at INR 26L. To top it, not all students get placed internationaally, that means longer payback period. Here is the math.
Total expenses calculation for two year stay at IMT Dubai.
ROI after two year stint at IMT Dubai
This isnt very rosy and I dont see the picture getting rosier in near future. This year they have given out calls to people who scored 75%ile in CAT or 500 score in GMAT. Not many workex people will go there. All this will translate only into a mediocre batch and un-deniable recession in global markets will do anything but help IMT Dubai students to get astronomical placements. My advice, Do your math before you take the plunge.
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