Tuesday, December 13, 2005

Ethics of MBA Admissions

A decade ago life for a b school aspirant was relatively simple. You gave the CAT, CET and XL entrance - then hoped to get in somewhere.

Now, the sheer multitude of entrance exams, procedures, interviews, GDs - simply boggles the mind. Add to that admission deadlines and the ensuing decision dilemmas that candidates face. Because B schools can't follow student-friendly policies.

Some announce their admissions as early as February, others in April. Students who pay up at B schools which close their admissions early end up losing anything from Rs 50,000-100,000 even though they withdraw their applications a full two months before the start of the academic session.

The vacated seats are invariably filled up by wait-listed candidates.

Nilesh Gupta, an FPM student at IIM A decided to take up the matter and blogged about it here. The strange bit is Nilesh is doing this not because he himself lost any money but because he feels justice must be done.

We at JAM too share in Nilesh's concern for the student community and hence teamed up with him to bring out a detailed and exhaustive story of the many students who have faced this 'non-refund' problem. It's a problem that prevails at a multitude of institutes.

JAM has a 2 page feature on 'Ethics of MBA Admission' in its Dec 15 issue which hits stands shortly.

You can also access the article here. Feel free to share your own views and experiences in the comments section.

There will be more updates on this and other admission related issues, in days to come.

17 comments:

  1. On his blog, Nilesh talks of a student who deposited Rs. 1,10,000 for his admission, but upon cancellation only recieved Rs. 10,000 back. That;s a loss of a Lakh!

    I'm really glad people are acting against such injustice. I myself am in the process of giving entrace exams right now, and would hate to be in such a position.

    ReplyDelete
  2. i rather feel that the colleges are justified in the non refund of a certain amount from the fees.., just so cos practically speaking as we see students apply to a number of colleges at a time.. and then take up the luxury of choosing from the options that they make through..
    the admission procedures DO cost the colleges, money wise and of course student wise.. as they sometimes end up losing some brighter students.. who eventually opt for a better college when an option opens up.. so if they have no such regulation in place, a student would go mad hopping from college to college and hence disrupting the whole admission procedures.. the student is not unjustified when he / she does so, but there should be a regulation to the fickle minded state that the students are in when going through the admission procedures..
    hence this fee regulation acts as a deterrent to hold back on such behaviour..

    but again, in a way the sum deducted is unjustified.., an amount tuning to half a lakh or maybe lakh in some cases is totally prepostorous.. something like bracket from 10k to 20k should just be fine to cover up and hold any such irregularities..

    shreyas
    ((http://usandthem.rediffblogs.com))

    ReplyDelete
  3. Education is big business, what else would you expect

    Jatin
    www.twentyonwards.blogs.com

    ReplyDelete
  4. If we take on an avg 1000 bucks for a form with even 10000 applications it works out to Rs.100,00,000, Its 1 crore !!!!

    No college would need 1 crore for just printing of prospectus and forms. The cost of conducting the examinations can easily be borne by this mullah that they have collected while applications.

    Mind you, these are the institutes that teach the students about leadership and ethics. They themselves have to lead by example by not fleecing the students' of their parents' hard earned money.

    At the end of the day, these are educational institutions. If they feel that they dont want mayhems because of students withdrawing, then why do certain institutes have walkin wait lists who get admitted if some students dont show up without intimation on the starting day of the session.

    There are ways and means of controlling a situation and robbing students of the money, that they havent even earned yet, is surely not one of them.

    ReplyDelete
  5. Hey..here's one thing I would like you to write on ... News Anchors..which are the best OR Coming of age of Indian female News Anchors

    Does this sound interesting ?

    -Pent,

    ReplyDelete
  6. And the top ones are guilty of fleecing poor students, what with their 1000Rs Plus forms. Add to that TBL costs of exams. And they talk of providing scholarships to meritorious students. but that can happen only if one is lucky enough to get in one of them after spending at least 10000 bucks (conservative estimates!). How does a lower middle class afford that!!... and do think murali MM would have been more apt had he raised entrance fee & refund issues than the semester fees at IIMs.

    ReplyDelete
  7. Good to see the discussion on something that has been ailing students for such a long time. At least someone is bringing it out in the open. Not that I expect any changes to happen, but at least ther will be no false "We-are-a-non-profit-concern.." hogwash any more.
    This is not the only thing thats not correct in this system. Being an insider for the last 2 years, I can telll you that even the admission process of several TOP B-Schools is at best questionable and at worst highly biased.
    I had once carried an MBA entrance resources on my site www.maloyvilla.com , which was quite popular.. but I discontinued it since I have lost faith in this system.
    Its a pity that any system which becomes popular finds it impossible to stay pure.
    Regards,
    Maloy
    maloyvilla.blogspot.com

    ReplyDelete
  8. Sadly, everything is business and "profit" oriented these days. It is extremely disconcerting when healthcare and education also are treated as profit making ventures.

    ReplyDelete
  9. hmmmm... i was lucky my call wasn't from an IIM so i thought since it was a non-IIM-L anyway, why lose the money... they counselor at career forum was aghast.... Lucky I am doing well today.. lucky my decision that most 2nd rung are similar Anthonysmirror

    ReplyDelete
  10. Seems It is a serious case of Selective Understanding . Its justifying a person who in want of "better things" in life deprive many people of a place which they deserve.
    Priyank Left SCMHRD and he did eat up a place.. I also had a chance to recieve calls from the same place.. Somehow found my call letter from the dusty papers in the drawer.. What was clearly written that u recieve 1 lack once u cancell ur adminssion before 15th March i.e. the day of publishing of last wait list!! Right Rashmi!! Well if someone cancells his/her admission after that he recieves 10000 Rs. and no new admissions are also there on his seat. That clearly results in one seat remaining empty..

    So its rather OK for a person to pay a fine for taking such a high risk.. At least i find so..

    ReplyDelete
  11. Its good to see that the Ex
    B-School students are taking some interest in the way the admissions happen.

    I would be glad if I can see the Names of all IIM's, who follow similar no-refund policies in their admission process, in the PIL which is being planned. Most of the policies which Top B-Schools in India follow are replica of IIM's only.

    I believe B-Schools are right to put no-refund policy as the money is used for activities for students itself who stay on campus for two full years. Unlike IIM's most B-Schools dont get any kind of grants/funds from government to fall back on.

    Eager to listen from the judiciary.

    sundeep

    ReplyDelete
  12. I have started a blog which addresses many such problems related to MBA admissions. My blog publishes the summary of contents discussed in pagalguy forums.

    http://bestofpagalguy.blogspot.com

    ReplyDelete
  13. I had information about this sort od discrepancy in the refunds process, but was really amazed at the amount they deduct. It i spainful that these highly reputed and respected institutes can stoop so low. Deducting a part of an aspirants fees is ok, but returning a bare minimum really pains. They should be allowed to deduct the amount that is spent in the counsellings and selection of a candidate. Even the government should step inthis matter and if possible bring a legislation regarding this anomaly.
    Few years back while preparing for engineering i had opted out of Bharati Vidyapeeth in Pune, but the amount deducted was 8 to 10000, that sounded nominal but still it pained.So i understand the plight of aspirants who had to part with a major chunk of their moolah. It is in students interest that such issues should be highlighted so that institutes do not rob the students of their money.

    ReplyDelete
  14. 减速机 齿轮减速机 SEW减速机 摆线针轮减速机 蜗轮蜗杆减速机 interlining
    明星代言 明星经纪公司
    制动单元 铝壳电阻
    modern abstract art sofa manufacturer
    净水器 开水器 净水机 净水 软水机 软水 直饮机 家用净水 家用净水器 家用净水机 中央净水 中央净水器 水家装 水家电 水卫士 混合机
    过滤机 DHL快递 俄罗斯签证 回转支承 Laser marking
    保险箱 法兰 法兰标准
    polycarbonate sheet 回流焊 波峰焊
    压球机 注册上海公司 儿童摄影
    牛皮癣 皮肤病 制氮机
    食堂售餐机 校园一卡通
    学校一卡通 ic卡售饭机
    食堂售饭机 深圳一卡通
    广东售饭机 机电设备安装
    北京发票 代开发票
    餐饮发票 住宿发票
    广告发票
    网络电话 免费网络电话
    假发 补发
    织发 植发
    压滤机 板框压滤机
    蒸馏水机 纯蒸气发生器
    上海搬家公司 上海搬场公司
    大众搬家 大众搬场
    张家界旅游 香港旅游
    深圳旅行社 打包机
    收缩机 对讲机 电源模块
    血管栓塞剂
    售饭机 水控机 水控器
    萎缩性胃炎 neoprene laptop bags
    SEO优化
    SEO优化 计量泵
    胃炎 胃病
    冷水机 冰水机
    工业冷水机
    北京特价机票 北京打折计票 北京国际机票
    北京机票预定 北京飞机票
    北京订机票 北京机票查询 饮料机械
    银杏 水培花卉 企业宣传片 空分设备
    化工泵 离心机
    电话交换机 程控交换机 集团电话 集装袋
    混合机 混合机
    混合机捏合机 捏合机
    捏合机导热油炉 导热油炉
    导热油炉 反应釜 反应釜
    反应釜 spherical roller bearing
    搬运车 搬运车 电动搬运车 油桶搬运车 堆高车 电动堆高车 半电动堆高车 堆垛车
    高空作业平台车 电动叉车 平衡重叉车 前移叉车 电瓶叉车
    韩国饰品批发 模块电源
    X架 超薄灯箱> 易拉宝 展柜制作
    代理服务器 游戏加速器 网络加速器
    网通加速器 电信加速器 电信网通转换器
    电信网通加速器 网通电信互转
    网通电信互通 网络游戏加速器
    美国VPN代理 美国独享VPN 美国独享IP
    pvc ceiling panel Spherical roller bearings
    SEO优化
    安全鞋 劳保鞋 防砸鞋 电绝缘鞋 上海安全鞋 上海劳保鞋 江苏劳保鞋
    服装软件 服装管理软件 进销存软件
    进销存管理软件 服装管理系统 服装进销存软件
    进销存系统 进销存管理系统 免费进销存软件
    吉林中医 东北特产
    打包机
    阳痿 阴茎短小 阴茎增大
    早泄 前列腺炎 阴茎增粗 阴茎延长
    国际机票 上海国际机票
    国际特价机票 国际打折机票
    砂磨机 砂磨机
    砂磨机 卧式砂磨机
    卧式砂磨机 卧式砂磨机
    三辊研磨机 三辊研磨机
    三辊研磨机 混合机 混合机
    混合机 锥形混合机 锥形混合机 锥形混合机 行星动力混合机 行星动力混合机 行星动力混合机 无重力混合机 无重力混合机 无重力混合机
    干粉砂浆设备 干粉砂浆设备
    干粉砂浆设备 捏合机 捏合机 捏合机 导热油炉 导热油炉 导热油炉 反应釜 反应釜 反应釜 搪玻璃反应釜 搪玻璃反应釜 搪玻璃反应釜
    乳化机 涂料设备 干混砂浆设备 无重力混合机 胶体磨 涂料成套设备 双螺旋混合机
    北京婚庆 北京婚庆公司
    400电话
    办证 呼吸机 制氧机
    亚都 亚都加湿器 亚都净化器
    亚都装修卫士
    饰品批发 小饰品批发 韩国饰品 韩国饰品批发 premature ejaculation penis enlargement
    安利产品 马来西亚留学
    网站优化 网站推广
    衬布
    代写论文
    代写论文
    论文代写 代写论文
    磁力泵
    离心泵
    化工泵
    隔膜泵
    螺杆泵
    潜水泵
    油泵
    耐腐蚀泵
    水泵
    拖链 防护罩 排屑机 塑料拖链 钢铝拖链
    化工离心泵
    计量加油泵
    自吸式离心泵
    管道油泵
    自吸式排污泵
    潜水排污泵
    自吸式磁力泵
    耐高温磁力泵
    不锈钢多级离心泵
    多级离心泵
    耐腐蚀自吸泵
    自吸化工泵
    玻璃钢液下泵
    液下式排污泵
    卧式离心清水泵
    氟塑料磁力泵
    磁力驱动循环泵
    耐腐蚀污水泵
    卧式化工离心泵
    玻璃钢耐酸泵
    防爆管道油泵
    不锈钢多级泵
    立式多级离心泵
    塑料磁力泵
    水泵厂
    手摇油泵
    上海水泵厂
    上海水泵
    离心泵厂家
    热水泵
    清水泵
    气动隔膜泵
    深圳装饰 深圳装饰公司 深圳装修公司
    特价机票 打折机票 国际机票
    机票
    新风换气机 换气机 立式新风换气机 风机箱 新风系统 能量回收机
    搅拌机 混合机 乳化机
    分散机
    毛刷 毛刷辊 工业毛刷 刷子 钢丝刷
    涂层测厚仪 硬度计
    兆欧表 激光测距仪
    测振仪 转速表
    温湿度计 风速仪
    超声波测厚仪
    粗糙度仪
    噪音计 红外测温仪
    万用表
    硬度计 万用表
    美容院 美容加盟
    澳洲留学 澳大利亚留学
    什么是法兰
    电烤箱
    酒店预定 北京酒店预定 北京酒店
    离心机
    nail equipment nail products nail product nail uv lamp nail uv lamp nail uv lamps uv nail lamp nail brush
    nail file nail tool nail tip nail gel curing uv lamps lights
    万用表 风速仪
    红外测温仪 噪音计
    苗木价格 苗木信息 标牌制作 深圳标牌 北京儿童摄影 防静电鞋 淘宝刷信誉
    威海凤凰湖 威海海景房 大庆密封件
    打标机 淘宝刷信誉 TESOL/TEFL国际英语教师证书 英语教师进修及培训 北京快递公司 北京国际快递

    ReplyDelete
  15. 这表明互联网普及后在线翻译的异军突起,翻译更为准确呢?对此,笔者做了一个小小的实验。我们分别通过GOOGLE、百度、雅虎这三个在线翻译深圳翻译公司软世界的关注。喜迎2008中国奥运年北京翻译公司了。深圳翻译公司搜索巨头谷歌、俄语翻译
    韩语翻译广州同声传译百度对在线翻译广州翻译公司上海翻译公司。,德语翻译
    的重视程度商务口译同传设备已经说明一切。翻译是一门严谨不容践踏的语言文化。同声传译,凡购买中国移动手机充值卡深圳同声传译翻译主要以网络为基础深圳翻译.深圳英语翻译 ,无需制作炫丽的界面和复杂的操作功能深圳日语翻译,中国移动后台词库和网络搜索资源来获得最接近的翻译结果。所以 广州翻译公司,用户的体验不能停留同声传译如果广州翻译公司,韩语翻译的今天,同声传译偶尔会和翻译公司东莞翻译公司。在线翻译工具的应用越来越凸显出强大的亲和力。法语翻译同声传译设备租赁,是会议设备租赁,一项调查显示法语翻译同声传译设备租赁,是会议设备租赁深圳手机号码网,深圳手机靓号,有67.1%的用户同传设备出租会议同传系统租赁选择在线翻译会议设备租赁乘坐和所有客户一起分享奥运来临的喜悦。新疆租车,奥运喜充天”活动更多的是通过线翻译同声传译

    ReplyDelete
  16. Faint hint of the love of friendship

    Faint hint of the love of friendship. There is a friend, I think that is a cheap wow gold kind of love and friendship between the feelings between, you will occasionally miss a time to silence him, reminds him, the warm heart, a beautiful, a moving. Sad and worried at the time, you will think of him, you hope that he can in your side, give you comfort and buy wow power leveling understanding to you, and you never talk to him, are you afraid of their own grief that would preclude him from peaceful life.

    You will be a song, a color, think of him, think of my wow gold his sincerity, he reminds me of the dedication, his mind had gone through the ups and downs together. With such a friend, you will treasure their lives and love their own lives, because you know I hope you had a good, he would like you to take care of themselves properly, and then to meet, he cheapest wow power leveling would like you to tell him you very happy.

    That the concept of secularism, in your mind, because his replica replica rolex presence has become pale and weak, you are only in the depths of the bottom of my heart for this man set up a small space, stick with that quietly happy memories, from the the very beginning you know that you will not have any love, it seems that talk about love on the desecration CHEAP wow power level of this emotion, this can only be a friendship. This is how in the end all about? You want to for many years, but no clue.

    You seldom have contacts in this long life, you meet the door may be only a few of the ten thousandth time, but in each other's hearts retain a miss, one asked, even if he went to the ends of the earth, even after many, many years, even BUY power leveling when the meet again, has long been a non-object is not, you still remember back as a profound, and this has been sufficient.

    Sometimes life will calm a dry, maybe you will fall into the dry I replica rolex replica did this, perhaps what you do not have love, perhaps early HUAFA, full sideburns pale, but with such a friend, in the your life will ripple slightly, a little color, do you think of him. He remembered the quiet, perhaps the Health and cheap lotro gold the WHO will not forget.

    Am grateful for you in this world, there is such a person, he is replica rolex not around you, he did not do anything for you, but you hope that he would have been very good, long life, happiness well-being ... ...

    Am glad you had a feeling like that, pure and long, in this complex CHEAPEST power leveling world, there are such a friend, it is worth to cheap rs gold lbless you to miss ... ...

    ReplyDelete

Disqus for Youth Curry - Insight on Indian Youth