NRI Admission to IIM

[sandipan.mondal]

Originally Posted by snowleopard1010

Whatever the reason might be, but paying $200 for application fees and getting this reason for rejection really sux. I don't understand why they charge so much if they are just going to filter applications based on test scores. This is especially true for IIM-A. I feel like they robbed my money. They took $100, looked at my 720 gmat score and sent me a rejection. How can they justify $100 application fees?

Nitin

Yeah, I do agree. Greater transparency in the system will only help the institute. All international B Schools provide median/average GMAT scores along with profiles of their accepted students. I guess in general since they take in so few overseas candidates they neglect to take the effort to publish those statistics separately, and club them in with the rest. But you are right Nitin, to justify their $100 admission fee, they should have all those details listed to provide perspective to prospective applicants.

[vigyanagrawal]

Hi,

I have completed my BE in 2005 and now having an experience of 2.5 yrs experience.

Can any one provide some info about The MBA College "Asian Institute of Management(AIM),Philippines".
About its Executive MBA Program--
How is the placement after successful completion.
what is the duration of course?
what is the entrance procedure?
How much is total expenditure?
when to apply for it?

Also, Is there any other course offered by this institute which have better opportunities.

Thanks in advance...

[rvishwa]

Originally Posted by sandipan.mondal

Yeah, I do agree. Greater transparency in the system will only help the institute. All international B Schools provide median/average GMAT scores along with profiles of their accepted students. I guess in general since they take in so few overseas candidates they neglect to take the effort to publish those statistics separately, and club them in with the rest. But you are right Nitin, to justify their $100 admission fee, they should have all those details listed to provide perspective to prospective applicants.

Hi All...

My 2 paise on this issue!!

I am sure that the instis could do a better job by publishing the criteria of shortlisting as well as the cut-offs as of last year (similar to as it is done for CAT now). But I guess the info is available in forums like these.

But to look at it from another perspective, even the CAT candidates are pretty much shortlisted on the basis of the CAT scores, and for IIM-A, once you are in the interview pool , it really does not matter to them if you are there on teh basis of CAT or GMAT. The only time they remember is when you need to pay the fees!!

[sandipan.mondal]

Originally Posted by rvishwa

Hi All...

My 2 paise on this issue!!

I am sure that the instis could do a better job by publishing the criteria of shortlisting as well as the cut-offs as of last year (similar to as it is done for CAT now). But I guess the info is available in forums like these.

But to look at it from another perspective, even the CAT candidates are pretty much shortlisted on the basis of the CAT scores, and for IIM-A, once you are in the interview pool , it really does not matter to them if you are there on teh basis of CAT or GMAT. The only time they remember is when you need to pay the fees!!

@rvishwa - I entirely agree with you. My only point was that, not just the IIMs, but any institute should clearly specify what their criteria is for making the cut for interviews and of being admitted. If the IIM-A does not consider any GMAT below 760, then it should clearly state that the average GMAT score is 770 or whatever that number happens to be. Consequently, students with a 720 and 730, albeit good scores, will hesitate from applying and will consider other schools instead. $100 can be better spent elsewhere. And I don't it's fair to expect candidates to glean information from such forums. It's a possibility but certainly not an inevitability, and I for one certainly did not know that if my GMAT score were short by even 10 points, I would not have made the cut for the interview and would never have been offered an admit. And back to Devarathi's complaint, IIML should have mentioned what their cut-off AWA score was if they indeed had one.

But yes you are right. Once the candidates are selected for the interviews, then their scores (should i hope) become inconsequential and they are considered on par with all other interviewees.

[snowleopard1010]

Acutally, it's not true. Test scores carry a 40% weightage according to iim calcutta's selection process document.
http://www.iimcal.ac.in/admissions/T...S_FOR_GDPI.pdf

Originally Posted by sandipan.mondal

But yes you are right. Once the candidates are selected for the interviews, then their scores (should i hope) become inconsequential and they are considered on par with all other interviewees.

[sandipan.mondal]

Originally Posted by snowleopard1010

Acutally, it's not true. Test scores carry a 40% weightage according to iim calcutta's selection process document.
http://www.iimcal.ac.in/admissions/T...S_FOR_GDPI.pdf

Right. I stand corrected. The scores are not inconsequential, but I have heard claims that it doesn't matter if you're an overseas candidate or a CAT student at the interview stage. But then again I'm not sure exactly how true that is for the same reason as you mentioned.

It would be touch to decide who gets how many points out of the maximum possible 40. Not sure exactly how they normalize the GMAT scores and the CAT scores. Especially when all the GMAT students probably have one of 10 or 15 possible scores (ie. 650 - 800) and the CAT students have one of 80 or 90 possible scores (99.20 - 99.99).

Do the math and let me know.

[sandipan.mondal]

Originally Posted by vigyanagrawal

Hi,

I have completed my BE in 2005 and now having an experience of 2.5 yrs experience.

Can any one provide some info about The MBA College "Asian Institute of Management(AIM),Philippines".
About its Executive MBA Program--
How is the placement after successful completion.
what is the duration of course?
what is the entrance procedure?
How much is total expenditure?
when to apply for it?

Also, Is there any other course offered by this institute which have better opportunities.

Thanks in advance...

Sorry bro. Not sure this is the right thread for this query. I have no experience with this institute. Perhaps the others might shed some light.

[JKumar10]

First IIM hiked the fees and now the Dollar is appreciating w.r.t Rupee. It crossed Rs. 42 today. Not sure where it will stop. I have already converted most of my dollars into rupees when it was 39-40. Looks like Forex volatility will teach me hedging!!

Is anyone paying first Installment in Rupees. I believe they need a proof of Forex rate. Is it the Forex rate on the day DD is issued or the day Payment is made? For instance, if I arrange for a DD in INR today to pay my first installment at today's Forex rate, will they accept the amount on the reporting date ?- especially if a Dollar is equivalent to Rs.43 then?

Any thoughts ?

[sandipan.mondal]

Originally Posted by JKumar10

First IIM hiked the fees and now the Dollar is appreciating w.r.t Rupee. It crossed Rs. 42 today. Not sure where it will stop. I have already converted most of my dollars into rupees when it was 39-40. Looks like Forex volatility will teach me hedging!!

Is anyone paying first Installment in Rupees. I believe they need a proof of Forex rate. Is it the Forex rate on the day DD is issued or the day Payment is made? For instance, if I arrange for a DD in INR today to pay my first installment at today's Forex rate, will they accept the amount on the reporting date ?- especially if a Dollar is equivalent to Rs.43 then?

Any thoughts ?

I sent them a DD in Indian Rupees. I'm not sure they need proof of Forex rate. Since the admit was sent accidentally to my address in India, by dad sent in the DD. He called up AdCom to clarify and was told to send a payment in with whatever the rate was that day. If there was any significant issue, then AdCom would consider it later. Don't stress out about it. If they do want the deposit at Rs 43 instead of Rs. 41, they can ask you for a check for Rs. 1000 later. However if you do want to confirm, a quick call to IIM tonight won't hurt.

[PRGKT]

Folks
Can anyone tell me what the NRI candidate fees are for various IIMs?
With IIMA increasing the CAT candidates' fees to 12 Lakhs, I think the NRI fee would be upwards of 25L. No?

Thanks
Pradeep