Saturday, March 29, 2008

IIM-A hikes fee 150 %, making it impossible for poor to enroll


By Khabrein.info Correspondent,
New Delhi, March 29: Indian Institute of Management – Ahmadabad (IIM-A) has decided to hike the fee for its post graduate courses making it impossible for poor students to enroll in one of the most prestigious institutes in the country. The 150 percent hike in the fee is not only atrocious but it also effectively closes the door for poor students to dream of getting admission in it
The institute has increased the fee for two-year post-graduate programme in business management from existing Rs.450,000 to Rs.1.15 million from the next academic session beginning this year.
The decision to hike the fee was taken at an IIM-A board meeting here in New Delhi. The government opposed the move saying this would result in the other IIMs also increasing the fees.
IIM-A has increased the fee for the first year from Rs 2.20 lakh to Rs 5.50 lakh and the second year fee has been hiked to Rs 6 lakh instead of Rs 2.40 lakh that students pay now.

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