[Resolved]  Icfai Business School — FRAUD IN SELLING THE APPLICATION AND NON REFUND OF MONEY

ICFAI Business School — CHEAT IN APPLICATION SELLING

The representatives of IBS Coimbatore came to my college and gave a false orientation about the admission to sale the applicatoin. the following are the points they lied
1. the campus is coming in ciombatore and admissions are done for the 2009 academic year.
2.you can write an IBSAT-2009 admission test for the coimbatore test.
3. you can select the campus which you wish.
since i reside in coimbatore i planned to join. i availed the application form paying Rs.1100/- (one thousand and hundred). then i was called for the second round of test at Hyderabad. to avail the transport and transit room facilty i paid Rs.1100/- (one thousand and hundred ) for me and my mother. they rushed up and got the amount. I also paid the amount. i have done all these, beleiving that i would study in coimbatore campus. The very next day they conductev a selection briefing meeting at coimbatore. There i volunteerly enquired abour the coimbatore campus. they replied me that they are not going to start any campus at coimbatore. then later when i asked to refund the money they behave like a third rate people and scolded very harshly. they dind not give any proper reply. please take necessary actions and make them give my money back. please dont encourage such fraud institutions

The student has been refunded Rs.1, 100/- in the month of may 2009

The student has been refunded Rs.1, 100/- in the month of May 2009

I am a student at IBS pune and I am not surprised to see such negativity about the college.
I have several such experiences to share with you all, I will share a few for now.
To start with the admission process
1. They claim the admission process is centralised and that everyone needs to go to Hyderabad to give an interview and then the selected candidates will be allotted campuses based on their assessment. THIS IS COMPLETELY FALSE. after I came into IBS I got to know that there were interviews held in campuses such as Pune and Mumbai and students were selected from those particular campuses. That means the candidates who went to Hyderabad were not assessed along with the candidates who appeared for interview directly in Mumbai or Pune. This is a clear case of cheating and fraud.
2. In the 4th semester there were options given for electives for specialization.
Me being a core finance student opted for the subject.of mergers and acquisitions which was cancelled just before the start of 4th semester
The reasons which they gave are laughable.
They have made individual rules for separate campuses, in reply they said that the subject of M&A is too technical for the students and hence it is cancelled and also "minimum 20 students need to opt for a particular elective " only then they will consider that subject.
All of this is not present in the student handbook which contains all the rules and information.
Hearing such reply I had a thought in my mind ( what if we did the same thing that they r doing ? In that case we can say the same thing that we will only pay full fees if they actually teach all the subjects they offer!)
There are several severe issues with this institution. I think these 2 are enough to tell their character and how they function.
Please feel free to comment if someone of you have faced the same situation.. I. Absolutely sure that a lot of students have gone through such problems.