PGPX IV - 2009-10: Application Process and Beyond

[RR_ez]

IIMA is under immense pressure in terms of resources on the following counts:
1. Reservation in PGDBM and resulting annual increase in seats means IIMA will be about 30-40 short on faculty size (which is abt 50% of current faculty size). This is TOP REASON FOR FEE HIKE TO 20L, we'll PAY for the EDUCATION & INFRASTRUCTURE of expansion in reserved slots in PGDBM. Ridiculous as it may sound, IIMA has no other way as they do not want govt. to contribute too much funds and then interfere in everything from stationary to teacher recruitment.
2. IIMA needs to match salaries for profs to the ever mushrooming private schools. Though, IIMA culture may be big draw for passionate profs but for relatively new hires, they need to play catching up.
3. IF IIMA needs international faculty, they need the resources to pay for them. Current faculty can take only so much & I understand, they are overstretched.

I think ratio was in the 1:5. Refer last year's PGPX thread, you may find some approx calculations there.

Originally Posted by forbidden_apple

So, you mean no seat increase? 78-80 students only or upto 140 students are expected? Also, quick question (to everybody) on the Interviews to Acceptances ratio. What has it been traditionally, would we know? 7:1 is what I think I had heard. Is that correct?

[RR_ez]

just to allay any doubts, guys like me and Sanjeev fit in without impacting this year's intake as every year there are quite a few deferees (~10). I am sure IIMA can take variance of 2-3 candidates in the class to accomodate any changes in this pattern.

Originally Posted by goformba

Yes, I was offered an admission last year. Due to personal reasons, I couldn't join PGPX-III. IIM-A honors candidates request (only once) to defer the admission, which means that my admission is good for PGPX-IV. I don't have to go through the application process this time around. Hope this answers your question.
-Sanjeev

[RR_ez]

As I put in one of my previous posts, be yourself. Any external aid will only mess up your chances as noone has more clarity about your thoughts, objectives and approach than yourself. Essays service/coaching can get exposed in IV if though process in IV is not in sync with words penned in essays.

I doubt if anybody has decoded the PGPX Adcom thought process, without which (right) coaching is not possible.

Originally Posted by xyz123idb

Can somebody clarify the following:1) When interviews start and when they are ending? What is the criterio in giving interview date (somebody in sept and some in Oct. Whether the order is as per the merit)2) What is the ratio of number of people called for interview and number of seats3) Is there anybody from Hyderabad who got a call4) Whether IMS/TIME/Princeton offering preparatory coaching.

[mba_2010]

Folks, I am in too...

700/Telecom/9+ WE/Interview is in Bangalore on 18th Oct

Who else is shortlisted from Bangalore? Let's synch up for IV prep. Mail me at rajat.garg1@gmail.com and I can schedule something.

[forbidden_apple]

Originally Posted by RR_ez

IIMA is under immense pressure in terms of resources on the following counts:
1. Reservation in PGDBM and resulting annual increase in seats means IIMA will be about 30-40 short on faculty size (which is abt 50% of current faculty size). This is TOP REASON FOR FEE HIKE TO 20L, we'll PAY for the EDUCATION & INFRASTRUCTURE of expansion in reserved slots in PGDBM. Ridiculous as it may sound, IIMA has no other way as they do not want govt. to contribute too much funds and then interfere in everything from stationary to teacher recruitment.
2. IIMA needs to match salaries for profs to the ever mushrooming private schools. Though, IIMA culture may be big draw for passionate profs but for relatively new hires, they need to play catching up.
3. IF IIMA needs international faculty, they need the resources to pay for them. Current faculty can take only so much & I understand, they are overstretched.

I think ratio was in the 1:5. Refer last year's PGPX thread, you may find some approx calculations there.

Thanks RR, but I thought the fees this year was Rs.15lacs. If it is to be confirmed, dont think it can be increased by 33.33%. That's simply too much. FAQ No. 32 on IIMA site reproduced below.

a) What is the fee for the programme?

The fee for the PGPX IV (2009-10) is INR 15,00,000 (to be confirmed) (approximately USD 42,900) for a single student.

[forbidden_apple]

Originally Posted by RR_ez

just to allay any doubts, guys like me and Sanjeev fit in without impacting this year's intake as every year there are quite a few deferees (~10). I am sure IIMA can take variance of 2-3 candidates in the class to accomodate any changes in this pattern.

Hmmm....would the reasons for deferring have to be "compelling"? Like I'm getting an overseas assignment for 6 months and it'll be like heaven on earth and I will become God's gift to IIMA after that? Or is it ok if the reason is just, "I'm unprepared this year, can I do this next year please?". Just asking out of curiosity.

[jondil]

Congratulations to everyone who got through, and all the best to those who are going to pursue other options.

I'd like to re-emphasize the thought expressed by RR_ez. The profs who interview you are really sharp, and will be able to see through any coaching. Suggest that you brush up on your resume, your experiences, go through standard interview questions and current events. Clarity in communication is important.

Best of luck with the interviews. Look forward to meeting those who are coming to Ahmedabad.

Cheers,
Senthil

Originally Posted by RR_ez

As I put in one of my previous posts, be yourself. Any external aid will only mess up your chances as noone has more clarity about your thoughts, objectives and approach than yourself. Essays service/coaching can get exposed in IV if though process in IV is not in sync with words penned in essays.

I doubt if anybody has decoded the PGPX Adcom thought process, without which (right) coaching is not possible.

[RR_ez]

Well, reasons could vary but definitely not something like travel, for one can get profile after IIMA where one gets tired of staying out of India. IIMA does not ask for compelling reasons, its your decision.

My reasons were combination of personal and professional factors. I was 27 and 6 yrs work ex, which made me to look at what I could gain after deferring. I'll post my deferral reasons and how it turned out after final selection after the final list is out.

Enhancing skill can be the one big reason for deferring. Since this is 1-yr program, one needs to have well defined goals and fair bit of business understanding before getting to school.

My stand stood, on an average, vindicated till recent fee hike at IIMA. Still, 4L hike is to be funded by bank throug high-interest loan (will get my loan approved by Nov 10th, will post exp for selected folks)

Originally Posted by forbidden_apple

Hmmm....would the reasons for deferring have to be "compelling"? Like I'm getting an overseas assignment for 6 months and it'll be like heaven on earth and I will become God's gift to IIMA after that? Or is it ok if the reason is just, "I'm unprepared this year, can I do this next year please?". Just asking out of curiosity.

[RR_ez]

It is my observation, and projection, based on 2009-10 fee structure of

ISB - 20.6
IIMA PMP

Good part is that international immersion is separate cost of 4L in PMP. So, if someone does immersion in India, hopefully (s)he will spend less. I want to do immersion in India, as of now.

Fee was increased from 10L to 14L for PGPX III. So, it can go from 15.72 (including acco) to 20L (incl acco + snack charges, ref PMP structure)- again a 4L increase, though major chunk in Acco charges.

Originally Posted by forbidden_apple

Thanks RR, but I thought the fees this year was Rs.15lacs. If it is to be confirmed, dont think it can be increased by 33.33%. That's simply too much. FAQ No. 32 on IIMA site reproduced below.

a) What is the fee for the programme?

The fee for the PGPX IV (2009-10) is INR 15,00,000 (to be confirmed) (approximately USD 42,900) for a single student.

[harsh_goyal]

I am one of the "defers" from 2008-09 to 2009-10.

20L came as an early morning shock to me. IIMA website still says 15L, though they have added a disclaimer that it is to be confirmed. I have just checked ISB website, as per their brochure their fee is 16.5L

ISB has always been more expensive than IIMA PGPX, so if ISB is 16.5L for 2009-10, IIMA most likely will be less than that...atleast that is what I hope . I am not counting accomodation and food expenses as they are based on actuals and cannot vary much year to year.

BTW...what is the currency exchange rate that IIMA is using ?15L is not 42,900 USD, neither is 14L USD 39,900...unless some one expects US dollar to crash in the coming year. IIMA fee are denominated in Indian Rupees, so I think we can ignore the USD fee ?

Thanks and Regards

Originally Posted by RR_ez

It is my observation, and projection, based on 2009-10 fee structure of

ISB - 20.6
IIMA PMP

Good part is that international immersion is separate cost of 4L in PMP. So, if someone does immersion in India, hopefully (s)he will spend less. I want to do immersion in India, as of now.

Fee was increased from 10L to 14L for PGPX III. So, it can go from 15.72 (including acco) to 20L (incl acco + snack charges, ref PMP structure)- again a 4L increase, though major chunk in Acco charges.