Today I feel so relived, you know why? I decided to call it a day, after so much of agony and mental torture. last Sunday I wrote my ICFAI exams, (MBA, distance education), while giving the paper I thought why the hell I should pursue a course and keep on paying exam fees to a degree which do not have any government recognition, I also heard ICFAI has been blacklisted by many private companies as well. The huge fee we paid in the beginning, held us back from leaving early...
As I bid good bye and good riddance to ICFAI I would like to share some of my experience.
They give huge advertisements and promotions and lure you to join ICFAI, and if you are dissatisfied with your present job or course you r compelled to join. They demand fee to be paid in full or in post-dated cheques. Once you pay you get some third-rate books and big manuals of regulations. which they call notes, what they call ‘online support’ is also a hoax, you can only see your results and some personnel details and can pay your money through it. You never know who are your fellow students and who are your faculties, ICFAI’s attempt to conceal as many information as possible create doubts about its intentions. besides they try to cross-sell many things like credit cards and books and journal written or edited by its useless faculties. They claim to answer your queries online, but if at all it reaches you, it will reach you by the speed of snail mail. But questions relating to payments reach you at the speed of light.
You have to pay for everything. For old question papers, suggested answers, renewals, seminars, contact classes, journals etc which will leave you wondering what happened to the money you paid them while joining!, The exam fees are exorbitant, that’s exactly why they ensure your failure, the more you fail, the more they profit!, the valuation system is also suspicious, even theory paper evaluated mechanically, they demand money 4 retotalling, and there is nothing like paper seeing, revaluation.
So if you want to do MBA do it from IGNOU, BRAOU, Annamalai, Symbiosis etc, good or bad at least they don’t loot you like ICFAI.