Should I join Ibs Hyderabad by taking a loan of 15lacs, is it really worth it?

Whether taking a loan is a wise decision or not depends on an individual's situation. For instance, you take a loan and even get a package that is enough to repay the loan but you are placed at a remote location. Then the additional expenses become a hindrance. So one cannot say with certainty if it’s worth taking a loan or not as it’s a subjective issue.

Another thing that often strikes me is that if you get an admission after taking a huge loan you are under a certain pressure to land a high-paying job. Your entire energy and efforts are focused on getting placed at a good firm rather than acquiring the essential knowledge that will improve your profile and help you in the long run. Throughout the two years, your agenda is not to learn management skills and concepts but to score better so as to get placed. With placement being the only goal, you often fail to make the best use of the available opportunities.

Once the placement season starts your desperation is at its peak. In case you don’t get placed in the initial month your mental and physical health is affected. So the pressures stemming from a single loan is long-lasting and can devalue the experience of your MBA. 

So either you need to learn to survive under extreme pressure or not join IBS Hyderabad after taking a loan.