How can a student from poor family afford to study at IIM Ahmedabad? My father nearly had a heart attack when he heard about their fees structure. Is 25+ lakhs for a 2 year MBA program worth it?

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GJ
Gurujala Jaydeep Posted On - Nov 22, 2022
Studied at Indian Institute of Management Ahmedabad (Graduated 2020)

Without any doubt the fees structure at IIM Ahmedabad for MBA programs is extremely high. But trust my word when I say your investment won’t go in vain. 2 years later you will thank yourself for not letting go of this golden opportunity. 

There are many banks that offer loans with minimal or no collaterals, discounted interest rates and extended moratorium periods.

Another option is fee waiver seats. IIM Ahmedabad is one of the best institutes that offer fee waiver facilities to financially weak strata. Some are lucky enough to get as much as 80% of their fees waived off. The remaining 20% can be handled by an educational loan.

So once you put your trust and will into it, you will find ways to overcome the money issue. And obviously the result you will get in a few years will have you forgotten about your struggles.

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