Everything has got into business these days and education is no different!! And since educational institutes are mostly private now a days, how can we expect it to remain free of the influence of business?
Now whether business is good or bad? There is no doubt: its good. To stand among the others in business, one definitely has to have quality services and definitely its in the favor of the consumers. But the question, is how much business is good, to what extent professionalism is good? The margin definitely has to be drawn and this is where we have very badly lagged behind. Talking of fees here at KMC, i see its rising every year, its almost has become a trend to raise the fees annually. it was about 17 lakhs at our time, now its reached 21, 4 lakhs in 4 short short years - definitely a big leap, isn't it? No doubt. Now one might have a view that every thing is getting expensive these days and money is getting cheaper and cheaper!! But a lakh per year is much more than the normal inflation. thats how i feel.
The other thing is KMC is no more the KMC it used to be few years back, its now fully established. It no more has to worry whether it will receive adequate applications or not! That time has gone when KMC had to personally contact students and persuade them to join KMC. Now time has changed and KMC can now chose from a large number of students. So, then, its natural for KMC to raise its price. But i think it should better raise its criteria for selection of good students and not the price tag. Its like selecting for the wealthier ones. This is where KMC has failed and if this goes on, i doubt KMC can maintain its spurts of progress that it has achieved in past years.
The other factor behind the unreasonable hike in price may be the increase in the number of students who are dying to study medicine... and the families who are dying to get their children into medical schools.... I dont understand why people still consider medicine as a status defining career in the society...
Anyway, what effect will the price hike have?
KMC will have more income. The staffs will definitely share a large amount of bonus. Besides these i can say one more thing for sure that is sons and daughters of wealthier families will get into KMC. So what kind of students will KMC have, now that it has set a price barrier and filtered out the middle class families. MBBS at KMC would definitely be in reach of more families if the price had been 15-16 instead of 21-22 or more. So, in a way, the source of students has narrowed and so KMC will have to chose from a small number of students and they might be good and might not be good. but one thing is for sure, large number of good students will be filtered out!!!!!!
I just hope god help KMC!!!! Things dont take much time to change!!!! KMC should not forget this.
Its only that i love my KMC, thats why i am telling such nice things, other wise who will bother to think of anyone else in todays world!!!
Anyway all the best KMC!!!
Linear Mode
