Is it worth to take loans for Kj Somaiya for MBA/PGDM?

The choice of selecting KJ Somaiya for the MBA/ PGDM program depends upon your perspectives and preferences. Without considering the placement scenario or the condition of the college, taking a loan is not preferred. The points below state some personal opinions about taking a loan for an MBA degree.

• There are many people who believe in the fact that an MBA from a good institute can land a job with a good package. But, this may not be the case or the reason to choose MBA for everyone.
• If the main aim of the candidate is to get better placement and pay off the loan with a high-paying job, taking a loan can be considered legit.
• Other than the above scenario, working for few years and earning a decent sum of money, and choosing an Executive MBA program after that is preferred.

This is a personal opinion and may not be the case for every candidate. But, a loan is still not a very good option, viewing from the vision of risks in debt.