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IIM Bangalore set to increase fees

Indian Institute of Management, Bangalore has decided to increase the fee for its flagship PGP program to Rs. 2.5 lakhs. The change would be effective for all 2007 enrollments.

Explaining the hike from the current Rs. 1.75 lakhs, IIMB director Prakash Apte said the kind of salaries offered to students placed via campus selection justify the increase. He also pointed out that while the cost of the program is Rs. 4 lakhs, students are still charged a subsidized amount.
Along with the fee hike, IIM-B is also increasing the student intake to 270, from the current batch size of 240.

Source: Economic Times

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