IIM-Ahmedabad raises fees for post-graduate course

The Indian Institute of Management-Ahmedabad (IIM-A) has raised the fees for the post-graduate programme in management, an official said on Tuesday.

The students who will be attending the June 2010-12 batches for the two-year course, the fees structure will be Rs.13.70 lakh which will be charged from students in two parts. Rupees 6.6 lakh will be taken in the first year and the balance Rs.7.10 lakh will be charged in the second year. Last year the fee was Rs. 11.5 Lakhs which is now raised to Rs. 12.5 Lakh.

The reason for hiking the fees is due to implementation of the Sixth Pay Commission’s recommendations and the inflation-induced price spiral. The fees to be charged from the student included every other cost in the campus, except the food bill.

It is very clear from the report that the students coming from the economically weaker families having annual income of less than Rs.6 lakh, would continue to enjoy fee waivers. According to the report, 41 students were granted total free ship among the current batch during the two years course.