Hi
rahulg0113 ..
I am not a current student. I am the moderator here. I would like to comment on your points.
1. IMD website mentions that
Prodigy will disburse the funds in February (while you are in school). There are two installments - 1st at the time of accepting an offer (non-refundable) and the second one in Sep end. Note that there are two fees associated - One is Tuition fee (CHF 60k) and the other is Fees (CHF 30k) (do not know what is it).
Prodigy would give 100% of the tuition fee but not CHF 90k total. I heard a few students got CHF 15k (second installment). Surely, the first one of CHF 15k has be to paid by the student.
2. You got the correct info. Switzerland is expensive. The living cost depends on your living style. IMD recommends CHF 36k for a year. Lunch is included in your fees. Rest, you have to spend by yourself. My suggestion would be to keep CHF 30-40k. You can share the cost of an apartment and utilities with someone (if you want to reduce your spending).
3. Why you aren't able to find this information? You can check the IMD placement statistics on its website. What do you mean by 'Authentic Source'?
4. You got completely FALSE information. IMD supports students and their families. I heard 100% positive feedback. IMD also gives the gym facilities, arrange family events outside and on campus. Remember, you need to show proof of funds so that you and your family can stay.
All the best. The next deadline is July 1. You can find the related information
HERErahulg0113 wrote:
Hi,
I am also an IMD aspirant and will be applying pretty soon. But, I have following queries:-
1) I have read on IMD website that students take loan from
Prodigy Finance for 3rd and 4th installments only. I checked with
Prodigy Finance and they informed me that there is no such restriction and they can finance upto 100% of tuition fees. Do you have any information on this matter?
2) Based on information gathered from websites, I found that it is very expensive to stay in Switzerland. Could you let me know what is average monthly expenditure? Further, Can you guide me how can I finance my living cost or I have to spend my own savings?
3) What is placement percentage at IMD? I am not able to find this information from any authentic source.
4) I came to know that I cannot bring my family members on student visa as I am from a third world country. Is it true?
About me: I have 12 years of experience in Power and Oil & Gas Sector Sector.