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This is pretty much what happens in most of the top private engineering schools in India. About a third of the seats are earmarked for "management quota", meaning you pay the management to get in. The rest qualify via various exams.

Works well, doesn't really devalue the prestige of the uni or the students who get in by paying like some of the sibling comments are speculating.

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And the private ones aren't really prestigious like the public funded IITs.

> Works well, doesn't really devalue the prestige of the uni or the students who get in by paying like some of the sibling comments are speculating.

Not sure which part of India you lived in but private engineering schools like Manipal, SRM, Vellore aren't considered prestigious. BITS is the only private one which has good clout but they don't have any management quotas.

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