IIM aspirants heaved a collective sigh of relief after the Committee looking after the admission process today announced that questions around the budget wont be part of the admission process this year. The Admissions Office of all IIMs sent across a mail to shortlisted candidates which said that there was no need to mug up Economic Times after the decision to exclude budget related questions was taken.
Speaking to Faking News a source close to the development said, “The Admissions office was concerned with students just mugging up things. Last year one of the aspirant, when asked about the budget, gave an hour long speech which was exact copy of Finance Minister’s Budget speech in the Parliament. I was part of the interviewing panel and we all were like ‘ye kya ch***tiyapa hai‘. We initially thought it was an aberration. But other students too were parroting figures from ET.”
Many aspirants especially ones with engineering background were happy with the decision. However CAs and students from Commerce stream cried foul. “There are very few questions that we get to answer in the interview. If they don’t ask anything on the budget, what do we speak about,” said Jignesh Shah, a Commerce graduate.
Economic Times too wasn’t too happy with the decision. The newspaper which sees a huge surge in circulation a day after the budget, reported a drastic drop in numbers. Senior Editors from the newspaper have written a letter to Ministry of HRD in an effort to make IIMs reconsider their decision.