Click to play videoMumbai: The Centre is likely to go the Supreme Court this afternoon in the OBC quota case.
In the meantime, with the IIM admissions being deferred, many MBA aspirants have been left in the lurch.
Private management schools are going ahead with their admissions and have asked students to pay the first installment of fees.
For candidates like Ashish, the journey to IIMS has just got a little longer and also more expensive.
Ashish was waiting for a final call from IIM Bangalore and Calcutta and had already been selected for XLRI Jamshedpur.
But with IIM results being delayed to April 21 and XLRI deadline to pay its first fee installment on April 20, he is left in a catch 22 situation – either pay up close to Rs 2 lakhs for XLRI and secure an MBA degree or wait for IIM results. He has decided to pay up for XLRI.
“1,75,000 is a lot of money and I have taken loan from my relatives. Now if I get through IIMS I will obviously go there and lose a lot of money. So I am very worried,” said Ashish.
He is not the only one facing this dilemma. More than 4,000 students who were short-listed for group discussions and interviews in IIMS are in a similar situation.
The last date to pay Rs 1,76,000 as the first installment in XLRI is April 20. Approximately Rs 55,000 of this is refundable.
The last date to pay Rs 35,000 non-refundable fee in S P Jain Institute was April 11.
The deadline to pay Rs 1,75,600 in Mumbai based Narseemonjee Institute of Management is April 18. Rs 26000 of this fee is non refundable.
“We are getting a lot of calls from students and also from the parents about what to do,” said CAT Expert Gejo Shrinivasan.
IIMS are normally among the first management institutes to declare results. It’s the first time that their admissions are delayed.
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