Sunday, January 4, 2009

Obnoxious conduct by B schools

Never was education at the mercy of money as much as it has become now. The multitude of B schools offering "world class" education have now become money minting machines where they don't mince words at propagating the usefulness and the integrity of learning imparted by them where as themselves adopting the sickening ways of making money at the cost of the aspirations of thousands of students.

All the CAT/XAT/SNAP aspirants know that the score card for the respective examination is being used by many other institutes for admission purposes. These institutes have to pay the IIMs/XAT institutes for the detailed score of the candidate who has applied to them. Many students apply to these institutes whose forms cost more than what is charged by the IIMS!!! Not only this, these institutes will set the deadline of the application before the CAT exam, so that every individual will end up shelling out money though he/she might not have performed well in these exams.

There are however only a few instis which realise this and set the deadline such that a candidate after judging his/her performance can apply at the hope tht he/she mite get a good percentile. This whole system needs a makeover. The IIMs are napping when the said institutes are making money out of nothing, but not altogether.. they too are marching happily to their banks as this ends up filling their coffers too. They can control the scores and as these institutes to comply with setting the deadline after the exams are taken. Alas.. who wud kill a golden goose???

The obnoxius money charged at the name of admission formalities needs a check. Economically backward cant afford such a big hole in their pockets.

GMAT scores are out the same day and institutes to which a candidate applies asks for some extra amount to get the scores from the GMAT ppl. But here the candidate knows his/her score
and knows where he/she has a chance.

It's high time the goverment officaials concerned(AICTE/UGC) come into the picture. They should realise that the monopoly enjoyed by these self proclaimed centre of excellence should realise their duties towards society and be true to the spirit of education, rather indulging in sloppy means to earn.

Also many institutes abroad have the option that they wont charge the admission fee if you are economically backward. But such a thing doesn't exist here. Reason... we are here for money and money only. So next time the interviewer of a b school says that you want to do an MBA for money you should tell him/her that he/she is in the same boat.

Guys pl. write letters to UGC/AICTE to bring about a change.

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