Are there any other changes that IIM Ahmedabad has gone through like lower the hiring fee, etc.?
Our raising of hiring fee has nothing to do with the main process, as the raising or lowering of hiring fees is completely based on the economic conditions. We haven’t substantially increased the placement fees this year. There are two components attached – fixed fees and variable fees. Fixed placements fee is the same as last year and the variable fees has different slabs. And we have slightly changed those slabs. B-School salaries often get misquoted in the media leading to a layman thinking that MBA is a sure shot way to their economical freedom? We have always talked about what official data and give out salary figures in rupees and dollars separately. And we are totally against converting the dollar salaries to rupee figures. The dollar salary would not be earned in India and one should not just look at the revenue side but the expenses side too which would be in dollars too. Converting the dollar salaries to rupees is simply sensational. The main focus of placements is preparing