Institutions offering coaching classes for admission to the Indian Institutes of Technology (IITs) have been quick to sniff business opportunities in the new norms for entrance examinations to these. Some have already increased fees, citing additional expenses on preparing study material for board examinations.
Yesterday, it was decided that from 2013, there would be a single entrance examination for admission to the IITs, the International Institutes of Information Technology and the National Institutes of Technology. Equal weightage would be given to marks secured in Class XII Board examinations and performance in the entrance test.
Coaching institute IITian’s Pace already has an integrated programme for the IIT-JEE entrance test and Class XI and XII examinations, through its junior colleges in Mumbai. Managing Director Praveen Tyagi says, “The decision has come as a boon for us, as we have already been offering coaching for Board examinations. About 90 per cent of the new admissions are for the integrated programmes.” He added there was a rise of 20 per cent in the institute’s fees in April, owing to investment needed for material for Board examinations.
Rao IIT Academy also plans a 10 per cent rise in fees for the batch appearing for the IIT entrance test this year. Chandan Dikshit, planning and strategy head, says the fee increase would help provide aggressive coaching for Board examinations.
Triumphant Institute of Management Education Director Manek Daruwala said there would be no impact on the institution, as students here were already tutored for Board examinations. “We just need to be more involved with schools for Class XII preparation,” he said. For now, the institute would not increase fees.
Major institutes such as Career Point in Kota already began offering coaching for Class XI and XII examinations from January. “The new pattern, which gives 50 per cent weightage to Board examination marks, will actually increase business in the tutorial space,” said chief executive Pramod Maheshwari. The institution would not increase fees this year.
The Gujarat government on Wednesday said that over 18 per cent of the projects, for which memorandums of understanding (MoUs) were signed during the ...
State demand of Rs 61,705 crore from errant miners was contested by scores of lessees in the Revision Authority