NEWS & ADVICE : EDUCATION LOANS
Innovative education loan scheme for IIM aspirants
By Neelima Shankar
Print    Email    RSS   

A post graduate diploma in business management is one of the most sought after courses by students in the present time. Commonly known as MBA, this course has been attracting students to itself since quite some time. With MBA comes the name of IIMs and other prestigious B-schools of the country like S P Jain Institute of Management and Research and MDI.

The recent hike in fees by these premier institutes has made education much more costly. Indian Institutes of Management (IIMs) Bangalore and Kozhikode raised their fees by Rs 1.5 lakh and Rs 1 lakh, respectively. IIM- A now charges 13.7 lakh for the post graduate program in management (PGPM) for two years while the fees for IIM-B stands at Rs. 13 lakh. Indian School of Business (ISB), too, hiked its annual fee by Rs 80,000 to Rs 15.3 lakh for the one-year course.

It is beyond any doubt that qualifying for these colleges means a lot to students but funding a student for these colleges also needs ample financial capability. Many a times a student is unable to pursue a course because of lack of financial capability despite being an eligible candidate.

In order to facilitate students who aspire for higher education, banks provide education loans. Banks often come up with innovative loan products to tap a larger share of the market.


Page  | 123 |  
(Comments Posted : 1) Post Your Comments
1. Every body knows that today's life seems to be very expensive, however we require money for various issues and not every one gets enough cash. So to get some loans and car loan should be good solution.
PennyMAY (Posted: Jun 28, 2012)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Education Loan for B-Schools
Credit profile and its effect on loan...
A chronicle of excesses by loan recovery...
Complete guide to education loans in India
Carnival of Indian Personal Finance Blogs #3


ROPAR: CaℒL Giℛℒ In Kurali 09855660911...
Why Pitampura Tutors (Ph:- 9911742311) & Private...
kala jadu in hindi 9636854282

NEWS THIS WEEK
Banks to look forward to hire students from IIT/IIM Feb 18, 2015
Union Bank of India hiring for the post of specialist officers Feb 16, 2015
Canara bank launched scholarship Scheme Feb 13, 2015
AXIS bank started ‘My idea of progress’ Campaign Feb 12, 2015
RBI inviting applications for the guard post Feb 11, 2015
News Archive