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Journalism of Courage
The Indian Institutes of Management in Bangalore and Indore today hiked their fees for the postgraduate programme and the IIM in Ahmedabad is likely to follow suit after its board meeting on March 31.
IIM-Bangalore raised its fee for the postgraduate programme in management by Rs 75,000 to Rs 2.5 lakh, while IIM-Indore hiked the fee from Rs 1.50 lakh to Rs 1.90 lakh from the coming academic session.
The IIM-B board approved the hike and its Director Prakash G Apte justified the move, saying students earn between Rs eight lakh and Rs 10 lakh a year after the programme and could easily afford the increase.
IIM-Indore Director S P Parashar said: “Our board meeting decided on March 24 to hike the fee of the flagship PGP course to Rs 1.90 lakh and to raise the total intake to 195.”
Bakul Dholakia, director of IIM-Ahmedabad, said: “Any decision regarding fee hike will be taken up in our board meeting which is going to be held on March 31.
