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IIM education may cost you 9% more
Close on the heels of the Indian Institute of Management, Bangalore, hiking the fee for its two-year post graduate programme in management from this academic year, most IIMs are planning to raise their fees from anywhere between 9-15 per cent.
IIM-B has raised its fee from Rs 1.75 lakh to Rs 2 lakh per annum. The course will now cost the students a total of Rs 4 lakh. IIM-Lucknow is likely to raise its annual fee from the present Rs 1.69 lakh to Rs 1.84 lakh per annum.
IIM-Lucknow will discuss the proposal to hike its fee in its upcoming board meeting in March. However, the fee could see a hike of Rs 15,000 from its current cost of approximately Rs 3.5 lakh, said an IIM-L professor.
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