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.
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.
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.:neutral:
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 ?:tellme: 
:nervous:
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..
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.:grab: :grab: 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..
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..
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?
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
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
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 ......
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? :whatthat: 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.
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
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
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.
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? :whatthat: 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.
hey.. sorry pal.. wasnt bashing u or anything.. for me "Piyushisnice" is just another user like hells bells..and agoondoo! . i dont know u .. other than as a user id.
well.. thats just the way i talk.. sounds harsh at times.. but then.. i guess.. when i praise something i like.. i should equally express regret abt things that i dont like.. i mean in the inputs by the various userids..
anyways.. I dont think that NITIE is doing anything wrong.. they are not begging the junta to join.. its a call that the people hv to take..
i m speaking from an unbaised view.. they dont mind if only 80 people join ( as was the case in 2003 i guess).. thats their mettle !.. why should they even bother when the other instis are gonna give out their results.. why should they duplicate/triplicate their admin work by allowing people to take admits and then walking out coz some so called higer ranked insti main admit mil gaya !.. not fair boss.. not real..
and why do u think nitie will loose out on good students.. do u think the top 91 + 50 are good.. and others are bad ???.. ha ha.. i m No. 4 on NITIE list.. does that make me good.. and that i m rejected by some stupid insti make me bad ?.. chill.. i think.. sparing the few CA+ CFA types.. or the GOD like all rounders.. everybody else is almost the same caliber.. so NITIE is not loosin out even if all the 91 gang up and dont pay the fees..
anyways.. i hope the best way out is
* Pay up the fees of MDI ( for those who hv calls) .. cos only 10k is being deducted.. or SP Jain.. dont know what they are gonna deduct.. .. and then wait for iim calls. ..
* else take a risk .. and just wait for IIM calls.. but this is pretty tough.. even i wouldnt hv dared it..
agoondoo SaysFile 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..
Mr. Nitie senior,
I never said that we have to file a case....read the post properly.... I was replying to a person who said that we have to file a case in the court ...
Dont get biased my friend towards NITIE....
You friends r saying why these institutes should wait for IIM results....Think...these 2 r not independent sets. eg..IAS results need not wait for IIM results because those 2 r independent.
But the ppl who r writing CAT and applying for NITIE r common. As i already said for ppl like me to see at the bigger picture of next 45 years of my career also, i have to pay money which i dont have. I cannot take loan from the bank twice.
So, being a gove institute denying a seat for ppl for mercenary reasons is bad.....
I still say that they have done everything in a planned manner to earn money and this is a bad trick...
Mr. Nitie senior,
I never said that we have to file a case....read the post properly.... I was replying to a person who said that we have to file a case in the court ...
Dont get biased my friend towards NITIE....
You friends r saying why these institutes should wait for IIM results....Think...these 2 r not independent sets. eg..IAS results need not wait for IIM results because those 2 r independent.
But the ppl who r writing CAT and applying for NITIE r common. As i already said for ppl like me to see at the bigger picture of next 45 years of my career also, i have to pay money which i dont have. I cannot take loan from the bank twice.
So, being a gove institute denying a seat for ppl for mercenary reasons is bad.....
I still say that they have done everything in a planned manner to earn money and this is a bad trick...
ha ha.. i m not a NITIE senior.. m a humble student.. whos gonna join NITIe this year.. just that i m more clear on what i want and where i want to go.. thats it.. chill bill..
Mercenary.. complex word.. dont really know what it means..
So finally i have decided.....Im going to leave NITIE and pay for MDI.....
These NITIE ppl are too much...and by charging hefty fees , they have lost a bright prospective student (myself
)to another similar institute MDI....
So, good for another person in the waiting list
cheers,
subrahmanyam.
So finally i have decided.....Im going to leave NITIE and pay for MDI.....
These NITIE ppl are too much...and by charging hefty fees , they have lost a bright prospective student (myself
So, good for another person in the waiting list
cheers,
subrahmanyam.
Good Decision Subbu.. with MDI u tend to loose much lesser.. :)
btw.. u hvnt clarified what Mercenary means !!!!..
ronniekher: So basically its all about ' how dare a Tier 2 institute do this ?' kinda attitude. Guys,let's grow up... just because its NITIE n not an IIM, its got to do whatever we say ? Just because its a so-called Tier 2 insti, we b-school aspirants will run the show ?
Dude, NITIE has never threatened you or anything of that sort... it's simple, either you pay up and risk losing money or take a gamble and hold on. The point is, even if NITIE is doing all this to make some quick bucks, big deal ! Don't all of us pay 1100 bucks a year to appear for CAT ??? Does it cost that much to arrange an exam for a student ???
hey in that 1100 bucks , you get to take the test and apply to 6 topmost institutes!!!! i think its definitely worth it.
besides, lots of good institutes accept the CAT score.
compare this to XLRI. 700 for the test(XAT) and 800 to apply for XLRI (or viceversa). now which idiot would be interested in taking XAT and not applying to XLRI? besides the insitutues which accepts XAT scores to put it mildly are really sad. SP J does accepts XAT scores but it accepts CAT scores as well and on the top of taht doesnt really care about the scores!
so i think the 1100 that the iims charge are well worth it. even iift charges some thousand bucks for its own exam , and the management for the exam is ...cough...cough
i guess ICICI will come up with new type of loan for paying the fees to "backup" institutes and providing free insurance incase of a refund.
and also on the point of the next 53 years of your career blah blah. why get into that kinda liability if you dont know whats going to happen tommorrow? you pick up two loans and if godforbid something happens to you, then your family has it!! i dont think any middleclass person wud be too keen to do such a thing!
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
well i wont agree with u here. Just fr the fact that an insti belongs to top 10 B-School does not give an option to fleece student. I think 10K is manageable but charging other exorbitant amounts is simply ludicrous. and can u explain me how a particular insti had its last date of form submission just a day before CAT exam.
This thread is not about berating any particular insti, but about protecting student interests. After all i can't see the logic of justifying the 'cut' of such a high amount. n just because sum people may not mind paying even such a high fee, it does not mean tht student sommunity as a whole does not have any qualms in paying the same.
well i wont agree with u here. Just fr the fact that an insti belongs to top 10 B-School does not give an option to fleece student. I think 10K is manageable but charging other exorbitant amounts is simply ludicrous. and can u explain me how a particular insti had its last date of form submission just a day before CAT exam.
This thread is not about berating any particular insti, but about protecting student interests. After all i can't see the logic of justifying the 'cut' of such a high amount. n just because sum people may not mind paying even such a high fee, it does not mean tht student sommunity as a whole does not have any qualms in paying the same.
first n foremost, didn't wanna dig up a 9 mth old thread and hence refrained from replyin to the post made in da morning
my entire point here is that the rules and regulations are clear when we apply to colleges. at that time we go ahead and apply to all and sundry, rejoice when we get an admit and then crib when we have to forfeit some amt as part of the cost of moving to some other coll...
see all instis have issues in waitin for the 'elite' ones b4 they decalre their results. and one of em is definitely related to the prestige factor. as students we want everything, we want da best colls and all free of cost. this doesnt work, lets accept that. all of us will have qualms in losin such huge amts no matter what our economic background is. my only point is that when we look at things think in terms of the long-term gains. u mite lose 40 K now, but then in the larger context of ur career, 40 K is peanuts. to the person who was talkin abt unpredictable future n stuff......dude, if u r so frikkin bothered abt whts gonna happen tomorrow, trust me, DONT do an mba ... get into s/w, go onsite earn money. an mba's package is highly dependent on the economy which is well
rgds
ronnie
P.S : I won't be postin in this thread nemore, reminds me of my pre-mdi days
and suggest tht lets carry this to the other thread by rahul
nice debate is on here...few of my points
THE WORLD IS NOT A PERFECT PLACE BUT WHY SHY FROM MAKING IT ONE????
1. WHAT DOES ANY INSTITUTE AIM AT AND WHAT ARE THEY FROM??
A. EVERY INSTITUTE BE IT MIT IIT IIM OR ANY OTHER COLLEGE IS FOR IMPARTING EDUCATION.THE SEEKERS F EDUCATION ARE STUDENT(PEOPLE LIKE US)
2.WHO SHOULD INSTITUTE MOST CARE ABOUT??
A.THE GREATEST ASSETS OF INSTIS ARE ITS STUDENTS AND THATS WHY STUDENTS (WHICH ARE AT THE TOP OF PYRAMID WHEN ANY PARTY BE IT FACULTY OR ANYTHING RELATED TO AN INSTI) SHOULD BE GIVEN HIGHEST PRIORITY.
3.WHAT IS MORALLY CORRECT???
A. THEY SAY THAT ALWAYS DO THE RIGHT THING ..AND I GUESS THIS IS WHAT THE BASIS OF ANY INSTI SHOULD BE AND I HOPE THIS IS WHAT FORMS THR BASIS..
SOME OF MY FRNDS HAD POSTED THAT WHY SHOULD NITIE WAIT FOR IIM.OR ON A LARGER SCALE WHY SHOULD ANY INSTITUTE WAIT FOR IIMS TO TAKE FEES AND RESULTS ..MY POINT IS THAT DO THE INSTIS NOT KNOW THE TRUTH..DUN THEY KNOW WHICH ONE REALLY IS A TOP INSTI AND WHICH B SKOOL THE STUDENTS WANT TO GET THROUGH THE MOST.ITS ALL VERY CLEAR AND ALL OF THE PEOPLE KNOW IT.AND IF THE INSTIS KNOW THIS THEN WHY CANT THEY CURTAIL THE FEE SUBMISSION..I GUESS MAJOR REVENUE OF ANY GUD B SKOOL IS FROM OTHER SOURCES.RATHER THEN FROM STUDENTS..IF THAT IS SO THEN WHY IS THR THE HURRY TO COLLECT FEES.
the sole point is its all in our head..thr r no free lunches in the world but this is exploitation..this is a phenomena much more prevelant in engg coleges then b skools..its a problem everywhere..i guess my frnds will really raise some points which are worth discussing and understanding on this issue..waiting for more of disccuions
regards
sameer