Given the various emails and comments after our post on the IIM Lucknow Summer Placements, we have decided not to give any team opinion on any placement report we publish. This has been decided to ensure we come across as neutral and are not influencing the reader. The facts should allow the reader to make his/her own conclusions.
If you have taken an education loan for your post-graduate course then you will find this useful. The timing of this article is also crucial especially for all the aspiring MBA grads who have given their CAT exams and are awaiting results and call from IIMs. Considering the present and foreseeable cost of education, undertaking a two-year MBA course will involve significant amount of capital investment – ranging from Rs 5 lacs to Rs 30 lacs (including cost of incidental expenses like travelling, hostel accommodation, etc). Nothing to say about the Masters course pursued abroad. As a result, majority of the students opt for availing education loans to fulfill their dreams. Availing an education loan is hassle-free given that the banks are aware of the fact that the rewards post completion of the course would be significant enough to repay their loan amount easily. However, there is an icing on the cake provided by the Indian Income-tax laws which the students aren’t completely aware of. I am deliberately stressing upon the term ‘completely’ based on the conversations I have had in the past with many students. I am talking about the tax benefits that the students can achieve on availing an education loan. These tax benefits effectively help you to reduce the overall cost of your education loan.
Given the various emails and comments after our last post on the IIM Lucknow Summer Placements, we have decided not to give any team opinion on any placement report we publish. This has been decided to ensure we come across as neutral and are not influencing the reader. The facts should allow the reader to make his/her own conclusions.
When we published IIM Lucknow's Summer Placement Report here last year, we said that it was probably their best performance. However, this year IIM Lucknow summer placements have surpassed even that and they have firmly established themselves in the top four campuses in the country and are ready to take on IIM ABC across domains and functions. The gender diversity also seems to have done the magic with a record 177 women participating in Summer Placements at any IIM in the country for the first time (Earlier, even 3 batches put together would not have 177 women!)
Visit this page to track the summer internship recruiting trends across top business schools in India.
(Edit : Team InsideIIM's analysis on the new process to be published soon. We sent a few questions to the IIM Calcutta Placement cell for clarification on certain rules. Find the questions and the responses from IIM C below the press release.)
We are extremely happy to have IIM Indore on board with the Placement Committee verifying the report in the InsideIIM format.
6th in our Series is the campus from the National Capital - FMS Delhi. As always FMS Delhi reports a terrific placement season and gives more reasons to aspirants to choose FMS over many others in the country. Imagine an investment of less than Rs. 50,000 in 2 years for an average salary of Rs.16.34 lacs. Not many business schools in the world can give that kind of ROI. It is extraordinary. Another aspect to note is the line up of companies in the FMCG Marketing domain. It is quite an enviable list.
