The Indian Institute of Management (IIM), Bangalore has increased the fee by 10% for its Post Graduate Programme (PGP) from Rs 17 lakh to Rs 18.7 lakh.
By this hike, IIM Bangalore will become the costliest b-school among premier institutions. The board of governors took a decision to increase the fee in a meeting.
The fees have been increased after two years, which has been the practice at the 41-year-old Institute.
Even, IIM Ahmedabad has also increased the fee for its 3 programmes for the next academic year.
However, IIM Bangalore is planning to open a second campus in Bengaluru. But, the Karnataka government should have to allow land for the new campus.
The below table shows the fee structure in premier institutions:
|IIM Bangalore||18.7 lakh|
|IIM Ahmedabad||18.5 lakh|
|IIM Calcutta||16.2 lakh|
|IIM Kozhikode||13 lakh|
|IIM Lucknow||10.8 lakh|