Diary 31st March 2005
For the past 1 week, I am receiving many calls from my relatives and old friends. I conveyed to each of them about my plans to pursue MBA education in ISB. Unfortunately none of them knew about ISB, which is quite understandable because of its relatively new entry into the market. To make matters worse many of them didn’t know about IIM’s too!!
I have left the efforts to make them understand the calibre of ISB. I am just telling them that I am going for higher studies and that it will be over in one-year.
One of my neighbour’s son is doing distance MBA from IGNOU. The total cost of education is 12,000 Rs. The total cost of my education is 15 lacs. Why so much price difference for same degree? This is another question that I receive. In spite of my best efforts to make them realize the quailty of student body, opportunity to network with some brilliant minds in business, lifelong bonding, faculty quality etc., I am unable to convince them on the cost of education. I have started facing the pressure now…In case something goes wrong (can’t rule out this option completely), no.1 response will be around the 15 lacs!
With all due respect to ISB, 15 lacs is a huge sum of money in Indian context. Only very few appreciate the intention to spend such a sum on education in India. I am happy that my parents are in the very few. That’s enough for me..
I have decided to follow the silent saint philosophy..I will get on with my pursuit without getting disturbed by responses and ignorances of others. When I get the results, world (my environment) will take a notice on me..Until then, BE HUMBLE, BE SILENT..
When I was in Belgium, I was determined not to worry unduly about the cost and to enjoy the one-year ride whilst being focused. But now after one week’s of stay in good-old home conditions, the cost factor has increased the pressure on me.


