Is IFMR, CHENNAI worth the fees of 14 lakh for MBA for a b.com fresher who is going to finance it through education loan?

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Nishant Suri Posted On - Mar 20, 2021
M.B.A. from Institute for Financial Management and Research, Chennai (2018)

Yes, you should definitely consider going here and it will be worth the loans and finances you invest into this college. One of my friends has taken admission in IFMR through an education loan. He says the institute is totally worth it. The amount you invest in your education will not only depend on the return on investment but also on growth opportunities.

  • At IFMR, you will see a mix of extensive and rigorous study but great packages and good opportunities. 
  • Once you enter the college, you will realize why the fees demanded from students are so high. 
  • From my knowledge, the place is a nonprofit organization. This means, you will get what you pay. 
  • It has great hostels, faculty, and a mess with all-around growth even if you are a lazy student.

Both placements and the packages offered here are very good. It has a 100% placement record since the college began 40+ years ago. In the 2020 placement drive, the highest CTC offered was INR 13.6 LPA with an average CTC of INR 9.37 LPA. Some of the top recruiters include JP Morgan and Chase, Deloitte, Cognizant, and HDFC Bank.

Now since you are specifically talking about a loan, let me assure you that you can come to IFMR without any hesitation. This college has excellent placements and growth opportunities in market-leading MNCs and you will definitely be able to cover your education loan. In the long run, you will able to make money hands over fists. Your return on investment will be good.

From what you can see above, the packages offered at IFMR match industry standards as well. Therefore, you clearly don’t have to worry. It is value for money and you can take an education loan without worries.

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