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The fee-hike war in IIMs is back again. This time it is the turn of IIM-Bangalore. IIM Bangalore has decided to increase 10 percent of its fee for post graduate programme (PGP) in management. The revised fee-structure will be effective from 2006.
Earlier this year, IIM-Indore, IIM-Kozhikode and IIM-Lucknow increased their fees for PGPM while the IIMs at Ahmedabad, Bangalore and Kolkata decided to maintain their old fee-structures. The Institutes sources said the main reason behind this hike is to bridge the deficit as the programme is subsidised and further seats are being added to the programme. Currently the fee for the post graduate programme is Rs 1.5 lakh per year, after the hike, the changed fee would be Rs1.65 lakh per year
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The countrys top business schools are planning to revise their tuition fees from the 2007-08 session. Hikes are expected to be anything from 8% to 20%. The hike will be in the range of Rs 15,000-50,000 for different institutes.
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BANGALORE: Indian Institute of Management- Bangalore (IIMB) on Tuesday hiked its fees from Rs 2.5 lakh to Rs four lakh for the year 2008-09.
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Got your sights set on management education? Here’s a news flash: It’s just got that much more expensive! Now that the IIM fee-hike jig is done, other major B-schools like MDI, Gurgaon; TAPMI, Manipal; SP Jain and Goa Institute of Management are going the same way as well. End .....
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