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ICFAI Complaints - complaint of ICFAI institute

Review all ICFAI complaints

ICFAI

Posted: 2007-10-23 by Priyanka C Bane [send email]
complaint of ICFAI institute
Complaint Rating:  83 % with 6 votes
Dear Sir,

I am Ms priyanka bane. My mba no is 2085696. I have enrolled in this program from Dec 2006. I have done the initial payment of Rs 10000 and also given the 18 post dated cheque (EMI Rs 4030/ month) to the institute. i.e basic + training class. But till now I havent attendent any of the training classes. The institute has all my contact details but then to they fail to inform me the timings of training classes. During the enrollment time the promised many things but they have not fulfilled them. Their also many things which they dont reveal during the enrollment time but later they demand.


Sir,

I have always been in touch with the branch and student service department regarding my problem through mails and telephone. The people are not aware of the problem since they donot refer to my mail and then they reply which is meaningless. Till now i haved mailed 40 mails to them about my problem and also of my decision(not to continue with the course and I am doing the stop payment request) but they never replied me. Till now I have paid Rs38210 to the institute but have not attended the training classes once. When I contact them they say the class have ready start and they wont revised the same topic again. Then I asked then why dont you In form me - "They say - Your cell was not reachable, so i asked them then why didnt you called me at my residence they said we dont call at ones residence and finally I asked why didnt you mailed me then Ms Poonam Padia replied me we have 200 students it happens that we forget to mail. This is how they reply. The other branches are not aware that I am the student of ICFAI they keep me send the pamplets of icfai.

Sir,

They never fulfilled their promises and now their are demanding for the remaining money + charges of dishonour of cheques and sending me mails and letters for the same. I have also replied to their letter but the tardeo branch refuse to accept my courier. Every time when i mail them it fails to go in their inbox.

Sir,

I am putting my all efforts to earn this money to study further but the institute is not bother for student career they are only bother for the money.There are many hidden policies of ICFAI. They are torturing me .I really get disturb due to this problem

Sir,
I am really hooked in this. I dont want to continue the course with this institute and I dont wanted to pay the remaining amount. I request you to help me to get out of this problem.

Thanking You
Priyanka Bane
MBA 2085696.
Comments India Education
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Comments

345 days ago by Tushar Khakhar [send email]
http://www.icfaidistancelearning.blogspot.com/


Please visit the above link and add ur complains there.

Hi All ICFAI MBA - Distance Learning Aspirors and existing students.

With my personal experience with ICFAI distance learning MBA, I want to educate people who are willing to join this course.

I would like to warn each student who might want to pursue this course that it is high level risk of your career and time. Please think 100 times after reading the below info if you want to join this course.

Lets start from good points ( probably some of them lured me to join the course )

1 COURSEWARE - They have an excellent courseware with high quality knowledge. They almost cover all the aspects in a particular subject for which negative part I will cover later.

2 The Brand Name - I have heard I dunno how true this is that ICFAI is one of the top Business schools.

3 No Entrance Exams - You dont need any CET / CAT or other entrance exams to join this course. Even a person winning a luna ( getting dot 35%) can join the course and think of becoming an MBA.

4 Flexible Payment - Major working low / middle class students can think of joining this course.

5 MBA degree - This can be the shortcut to get an MBA degree. Highly recommended.

6 The course is not that easy though but atleast that gives u hopes that you will learn something good.

Now Enough Lets see the other end.


$ - Fees are too high

$ - Their lectures are pathetic a normal first class graduate would have a better knowledge in certain areas than their professors ( mumbai )

$ - They are granting admission to students without any planning there is no limit. It becomes like a govt school.

$ - They charge considerably high for almost everything which they are not worth of. And this seems it is only coz of their name and books probably. But if that is the case then they are highly unproffessional.

$ - Though the books are amazing they cover major topics but how easy is it to finish studying all of this within 3 months. E.G accounts subjects start from basic FYJC accounts till MCom level accounts. Commerce students will tell you the difference in the level.

$ - The course is difficult but you dont expect to get MBA kind off knowledge wen the portion is so vast and time is so less.

I have just created this blog since im unhappy with this course and thinking of many students who have great dreams and less opportunity ( money as well) who join this course with high hopes and then cannot accept the ground reality of this course. They are somewhere fooling so many of us. People like me are not bothered of loosing money and being patient but my question is when will all this stop.

Lastly

I have written a couple of emails to this organisation ( where I never got any reply and Im not expecting either ) which clearly says how disgusted I am at the moment.


Dear SSD,

Since many days I was trying to register for my Group C exam and always used to realise that the registeration are not on yet. I always used to get the message shown in the attached file.

Please check you website records as well if you think im worng.

Please give me a clear understanding if I am getting such notes how will I proceed and register for exams.Untill yesterday I was under an impression that registerations are not on yet.

Lately after my friend intimated me today that registrations are on and will now have to bear late fees. I was still calm till I was sure that I didnt miss the date. The problem now is that now I am not able to register for my exams in any nearby location from my house and almost all the centres nearby to my residence in Mumbai are full.

Some simple questions which I know ICFAI will not bother to address me till any further step is taken.

Why was this link not rectified?

Why does ICFAI do not send intimations for exam registerations if they can send double reminders for cheque clearance?

I think with ICFAI being so big they atleast must be knowing the expected footfall for certain exams with no of admissions they have. If they can make arrangements for admission who will make arrangements for exams?

Who will be responsible of my waste of three months if I cannot give the exam?

Why should I register in a village or an area miles far away from my house if have no options ?

Lastly with so high fees that you charge for the course can you please let us know if you people are actually justifying 1000rs that are charged for each exam when they cannot solve infrastructural problems.

No response to this email will only be considered a glorifying achievement in ICFAI's unprofessional approach towards educating people or another learning for me of how to run away from problems.

Finally again let me reiterate that I understand that there are problems with every organizations but they are not solved unless people

Thanks

Tushar Khakhar



It would be great if someone can at least read the below email as well where I haven't got any response yet.


----- Forwarded Message ----
From: tushar khakhar
To: SSDTC@ICFAI.ORG
Sent: Friday, 1 June, 2007 12:10:39 PM
Subject: Re: MBA group C classes

Dear Sir / Madam
This is to inform you that we are unhappy with the unprofessional approach towards conducting the training classes for MBA.
There are a serious of concerns that we have are mentioned below.
It has been repeatedly noticed that the classroom which is for school students is given to us. Adding to it we being a batch of 80 students ( noticing since three groups) try to accommodate in the classroom. We need to adjust ourselves to 3 student per bench. It is very difficult to concentrate in these circumstances. The joke being the professors tell us to note down the proceedings of the lecture. Normally, in those benches only two people can accommodate and write down notes easily and when three people fit in neither of the three can write anything. Also do I need to mention that we cannot use the Lift service, no coolers or air conditioners in the classroom (that is not necessary ) etc. It just makes me realise that I was a fool to join for training lectures and I don't attend classes for many such reasons. Believe me the actual scenario in the classroom is very difficult to explain.
We were still OK with this treatment till the first two groups (Group A and Group B). But now that I know that Group C is the most difficult and your past records show that the pass percentage for this group is the lowest. Being a commerce graduate myself I understand that these subjects cannot be covered in few lectures. But looking at the current situation if we still cant get the most out of what we are getting now then it is just useless to go for such training programs.
And let me add we have been complaining about this to our coordinator Poonam Padia and the least is we could expect anything from her. It seems she does not have much authority to change things or she cannot do anything as she has less options or she is not doing anything for her benefit. The responses that we get is students strength tends to reduce every week and hence they cannot conduct two batches. But how does that matter when you people have received fees from all the students.
Whatever the reason might be but also the fact is we pay Rs 3000 for training of one group. If at an average we count 50 students ( where there are actually around 80 students in my batch) the total for that batch would be Rs 1,50,000 (50 x Rs 3,000).I understand there is some rent that needs to be paid for the classroom and also remunerations to the professors. But practically speaking the rent is negligible compared to the income that you get per batch. Also considering that my batch is not the only batch conducted, there are so many batches at the same time so rent hardly matters if I consider the income from all these batches. I'm sure professors do not charge anywhere close to Rs 50,000 per batch that you cant afford one more if you split the batches. This where I need to add that, Do we even get any luxurious treatment against this?
The question I want to ask is that, in these circumstances it is difficult to sit for the lectures and If someone fails who is the person responsible.
A suggestion, please do not play with peoples career this way it takes pain to earn money and most of the students joining your MBA program cannot afford high donations and are working personnel's.
I have no hatred for ICFAI but I am upset with the way things are placed.
Again this is in the interest of the people who normally will never speak up, as in India people are used to adjust themselves in life.
I know it is difficult to change such things easily but I want my institute to get awakened and also want to let them know that they are one of the best but they can be the best in the market and this is exactly what I am trying to address.
Finally I am happy and proud that I am pursuing my masters from ICFAI but...
Hoping for your positive approach towards my email.
Thanks & Regards
Tushar Khakhar
MBA 2082399
Joined MBA (distance learning) in Borivali, Mumbai Branch.
Currently in MBA Group C
P.S - Please address this to the higher officials


Ha ha I must be very sarcastic here but ppl my intentions are also to teach these people of what I have learnt from their so called 360* Learning MBA Course.

Many of the ICFAI faculties and employees and loyal students who must have cleared very easily or must b having loads of money will revert back to this blog in anger which is what I anticipate.

Let the game begin.

Tushar Khakhar

tushar19k@gmail.com



http://www.icfaidistancelearning.blogspot.com/
314 days ago by Yogender Kaushik [send email]
Dear Friends
I have been debbared for one year during Oct 2007 examination. I was blamed for cheating in the examination. But they are regularly demanding for EMI. But after debbar for one year I stoped the EMI in the month of December 2007 and intimated that EMI will be started only when ICFAI will allow me for the exam after year. Kindly quide me if any one has gone though such situation. I am also wring my complained to consumer court and other justice providing agency.
Yogender Kaushik
MBA (Flexi programme )2093606
279 days ago by Job Abraham [send email]
Today I asked ICFAI, HYD about the certification for the interest paid to them under the EMI Scheme in this financial year, but there reply was that they will not provide such a certification. They will only write that 18 PDC has been cleared without specifying the interest paid by us or any fee break-up and that too in June’08 after the clearance of all the remaining PDC’s.

Looks like they are only concerned about there payment (EMI) and not about our requirement of showing the fee payment proof to Income tax. So I wanted to know:

1) What is the content of the certification they provide from HYD. after the completion of all your 18 PDC?
2) What are the options available to claim the fee paid under Income tax as it is a huge amount?

Thanks for your help in advance.

Regards,
Job A.
278 days ago by Gaurav Dey [send email]
I had enrolled for the ICFAI MBA course. In the prospectus they had mentioned that I would be receiving three magazines per month. But they are sending none. When I wrote to them regarding this, they said that I was eligible to get the magazines only after 3 months. After 3 months when still I didnt receive the magazines, I wrote to them and am still writing to them. But they do not reply now. I tried their Airtel and BSNL numbers. But no body picks up.

Is there any way that I can complain against this cheating that the ICFAI is doing with its students to the consumer court. Please help.
268 days ago by Lavin [send email]
Hi All,

can we all unite together? and draw the attention of media, like news papers, crime magazines etc? which will educated the Indian Citizens about the ICFAI frauds?

Regards,
Lavin
267 days ago by Lavin [send email]
Hi Guys,

If you guys are willing please send mail to my id, lavin_clt@hotmail.com. In my case i've decided to go to court.

Regards,
Lavin
144 days ago by Prabhu [send email]
why doesn't icfai feature in a press conference when its got so much of students in the university it is matter of students life and future of education system is it so easy to cheat people in india including the big names, then why is this ugc and etc are there for?
when they can lead a student for admission why not they guide a student after the admission .what r branches doing (bangalore)
113 days ago by Deviprasad. [send email]
I am deviprasad. i joined icfai university to complete MBA Course in distance mode. i paid 10, 000 cash and given 10 emi cheques to them. Because of heavy syllabus and job tension i discontinued the course. So i didn't paid money for 5 cheques. So ICFAI put case against me to pay remaining money.
I am facing this problem with help my lawyer. If any body facing this type of problem, Please let me know. So we will put case against with them.

my maild id ppothireddy@gmail.com
87 days ago by Vikrant Dogra [send email]
i m working on a joint forum, please join us, against this insitution

vikrant dogra
vidahi001@yahoo.co.in
09419145190

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