Lets Stop Paying To Nitie

[subrahmanyam]

Originally Posted by imnio

I agree with Piyush's views. But before u guys start all over again, can we just talk about some plausible solutions?

Charging 136000 is too much. Do you all agree?
Retaining 50K+ is worse. Do you agree?

They can charge less and retain the whole if they want to. (and help their poor students and blah blah)

But I agree with Subra's point, that its not financially viable for most of us. Neither can we get two educational loans. Is NITIE ready to compensate us for our loss later. (as we may well see).

One thing I have in mind, and not so palatable to most I know, would be to pay up now and file a case against NITIE later. But it has to be done by a group, not individually. I am optimistic they will loose. Please criticise this soln and give some more innovative ones if you have any.

The One.

My friend,
Filing a case in a court is not possible.
First, lets try to find a peaceful soln ..... Let all of us mail individually (not as a group) to NITIE asking them to extend the date until the IIM results come or reduce the fees to a reasonable limit.
Lets try this last option..... If they get substantial number of mails , then they may consider our situation.
Also, my friends who r saying that we r criticising NITIE , understand how desperate is our position ....we dont want to leave a very good institute like NITIE unless we get calls from big IIMs. But, we r forced to do that by asking to pay astronomical fees immediately.
So, by doing this, they r losing bright students to MDI and other similar institutes and we students r also losing good institute like NITIE if we dont get thru IIMs.....
Hope u all understand this.

[Karthik Vis]

I think we r missing one point here, In the letter it says, as per GOVT, RULES , it will give back 50% of tution fees & full caution deposit. So the problem is withthe rule, not with NITIE. But, then this is passing the buck.
This has caused a real problem for a person like me who is a fresher & whose family's annual income is just Rs 140,000. Should I take two loans? or CAN I ?

[agoondoo]

Originally Posted by subrahmanyam

Hi friends,
All the pgites who have got NITIE calls .....lets get united and not pay the fees before 31st of this month and mail them asking them to extend the last date....If all of us stop paying the fees , then they will definitely come down and extend the date until the IIM results come...
WHAT SAY FELLAS??????????

Lets make it happen my friends.......

Not a good line of thought !.. very negative ... gangism..
take it or leave it pal.. would u dare that with any other college.. private insti.. or iim ?.. anyways..

[agoondoo]

Originally Posted by hells bells

Hi,
First some facts:
1. NITIE's tution fee supports only 12% of its cost expended in imparting education. This is the lowest among all BSchools. Source: BW.
2. Most of education cost is subsidised through the consultancy NITIE imparts. It is among the top 4 earners through consultancy, including IIMs.
So lets stop berating the institute that it is milking you poor chaps and minting 50k from lot of you.
Then there is this line of thought where IIMA is legtimised to do this fee collection process but NITIE aint. Let''s be very clear about one thing. No one is above the system. Neither IIMA nor NITIE. Infact, this type of opinion shows a very lowly opinion about one's perception of how things actually work in the real world.
If I end up agreeing with some of the gentlemen on this forum, I would end with an opinion that an institiute would map its process and structure based on the rankings brought out by the magazines. So if one is higher, they are legitimate in their demand to demand fee early, and those lower down need to wait for the higher ones to declare their results before asking for their fee. Absolute rubbish.
As a chap mentioned on this forum, seems everyone wants to have the cake and eat it too. Am disappointed with the maturity level put on show here.
No one denies that loss of fee bcoz of lack of concurrency in declaration of results hurts but can we stop having a "frog-in-the-well" kind of thinking?
Strong words from my side bcoz am an alumus of NITIE and i know how the entire MBA fraternity in India works. And so lets stop this ridiculous claim making.
Regards

Good Post Hell Bells.. Good Argument.

Big Let down by Piyush is Socalled Nice.. after all his holier than thou lectures on SP Jain Threads !!..

Worst of all is this communist attitude by guys to gang up... and boycott and stuff.. takes you back by atleast half a century.. get real guys.. as hell bell puts it.. u cant hv the cake and eat it too..

LIFE .. "IF" is centeral to life.. hence the so called uncertainities through out life.. u cant solve it by gangism..

[agoondoo]

Originally Posted by subrahmanyam

My friend,
Filing a case in a court is not possible.
First, lets try to find a peaceful soln ..... Let all of us mail individually (not as a group) to NITIE asking them to extend the date until the IIM results come or reduce the fees to a reasonable limit.
Lets try this last option..... If they get substantial number of mails , then they may consider our situation.
Also, my friends who r saying that we r criticising NITIE , understand how desperate is our position ....we dont want to leave a very good institute like NITIE unless we get calls from big IIMs. But, we r forced to do that by asking to pay astronomical fees immediately.
So, by doing this, they r losing bright students to MDI and other similar institutes and we students r also losing good institute like NITIE if we dont get thru IIMs.....
Hope u all understand this.

File a case ????... Irrespective of who the two parties are which are fighting a case.. do u know who wins ???? " THE LAWYERS ".. do u hv any clue of what complications our not so user friendly legal systems imposes before any kinda justice is met ?.. actually its better.. it prevents frivilous cases..

[THUSSU]

Bravo. i concur on this point. why should NITIE wait for the IIms to declare its results? as far as they are concerned, i'm sure they believe they are the best (as all self-respecting institutes do) and only those interested in going to NITIE will finally put in the money. Do we suppose that the admissions office at NITIE will first check to see when the other results are coming out and then decide when to start their session! isnt that asking for a bit too much? arent we being too presumptious and self-centered?

Originally Posted by hells bells

Hi,
First some facts:
1. NITIE's tution fee supports only 12% of its cost expended in imparting education. This is the lowest among all BSchools. Source: BW.
2. Most of education cost is subsidised through the consultancy NITIE imparts. It is among the top 4 earners through consultancy, including IIMs.
So lets stop berating the institute that it is milking you poor chaps and minting 50k from lot of you.
Then there is this line of thought where IIMA is legtimised to do this fee collection process but NITIE aint. Let''s be very clear about one thing. No one is above the system. Neither IIMA nor NITIE. Infact, this type of opinion shows a very lowly opinion about one's perception of how things actually work in the real world.
If I end up agreeing with some of the gentlemen on this forum, I would end with an opinion that an institiute would map its process and structure based on the rankings brought out by the magazines. So if one is higher, they are legitimate in their demand to demand fee early, and those lower down need to wait for the higher ones to declare their results before asking for their fee. Absolute rubbish.
As a chap mentioned on this forum, seems everyone wants to have the cake and eat it too. Am disappointed with the maturity level put on show here.
No one denies that loss of fee bcoz of lack of concurrency in declaration of results hurts but can we stop having a "frog-in-the-well" kind of thinking?
Strong words from my side bcoz am an alumus of NITIE and i know how the entire MBA fraternity in India works. And so lets stop this ridiculous claim making.
Regards

[puneet_gandhi]

hey congrats on calls but MDI is better but will make a deep hole in ur pocket around 6 lakhs n if u have marketing at back of ur mind. dont think twice .
ps best of luck for IIMs though

Originally Posted by subrahmanyam

Exactly,
Im also in a dilemma between mdi-pgpm and nitie-pgdim ...personally although i prefer nitie as it is nearer to me , this hefty fees is making me think once again.....
So, all of us will shoot mails to NITIE individually asking them to postpone the date until the IIM results r out ...then we will have more options ......

[piyushisnice]

Originally Posted by agoondoo

Big Let down by Piyush is Socalled Nice.. after all his holier than thou lectures on SP Jain Threads !!..

hey ashish! I don't enjoy personal bashing. I am not opting for instt bashing here. And please read all the posts before pointing fingers at me.
Infact I don't even like that fact that instt like MDI is asking for 10000 bucks. But the point is 10000 is manageable. so nitie can also reduce the amount to a manageable 15000-20000.
Also if you'll read all my posts, I have never talked about this gangism thing per se.
Although initially I thought that subbu's plan might work, but later it sucks.
I am aware that after getting all the letters from different individual letters from selected candidates nitie will just show this .

The reason I posted here and encouraged others to do the same is that some nitie fellas will always read it and this point will surely come up in their discussion.
Let other instt go to hell and lets just talk about NITIE.
WON'T YOU AGREE THAT THIS IS NOT FAIR? Think from an unbiased point of view. Two aspirants have already posted their situation and I am sure that there are plenty who are facing the same problem.
So instead of personally criticising them, why don't you and all the NITIE aspirants ask NITIE seniors to do something.
Do something good dude.
And hey I really am nice.
Kindly don't involve me any more. I was already out, but you forced me to come back.
bye again.

[ronniekher]

Well,

Thussu has talked abt everybody here possessing a self-centred attitude.Unfortunately, he's right.

Guys, forget abt evrything else and just think of this- what abt the guys who have been waitlisted ??? Just because some of us want evrything in life, should their fate hang in balance ? Don't they deserve a right to know asap abt their chances ? And do you all think they can wait till April-end or whenever the IIM's declare their results ???

The IIM's were the first to have the CAT scores, they started the PI's first... then why shud their rez come out last ???

And Piyush, we guys want to run the show ??? Sorry man, you missed the point .... if running the show means dictating terms to a Centre of Excellence, I wud prefer remaining on the sidelines. As to what I wud have done if I had A,B or C - I didn't even appear for NITIE once I came to know abt MDI cos I know what my preferences are.... and neway, instead of looking at 58,000 I wud look at the bigger picture - the next 43 yrs of my career

Ppl, remember this- life is all abt compromises, you win some you lose some....i've lost a lot of goodwill at work cos of CAT, and so have so many others.....does that mean we work-ex guys file a petition sayin that CAT shud be easier or the cut-off's shud be lower for us ???

rgds
ron

[ashish_bhel]

guys be practical , lobbying is not a solution . Act like a manager nitie is a good option pay your fee and forget about the rest.