In Bengaluru’s top engineering colleges, the cost of securing a seat under the management quota has soared to Rs 64 lakh, marking a significant increase from previous years. This trend is prevalent across elite institutions, where fees have risen by approximately Rs 10 lakh compared to the previous academic year. Students opting for these seats must pay half of the total amount upfront in the first year, with the remainder spread over the next three years.
Despite the exorbitant fees, management quota seats, particularly in Computer Science and related streams, are in high demand and have been swiftly filled. Even core branches are experiencing similar demand despite their high fee structures. Experts attribute this surge in demand to the prestige associated with specific branches and brands among students and parents.
Sanjeev Kubkaddi, an academician, highlighted that affordability and preference for prestigious branches drive this trend. Vidyashankar S, Vice Chancellor of VTU, noted an increase in management quota seats this year due to relaxed intake regulations by AICTE. He mentioned that these seats cater primarily to affluent families, as education loans are not available for management quota admissions.
