The premier
Indian Institutes of Management (IIMs) are the dream B-schools for every MBA
aspirant in India. While the IIMs sit on the top of the B-school system in
India as they offer best quality of education, their two-year full time MBA
programmes also remain in the club of costliest management programmes offered
by different B-schools in India.
This article
of www.GetMBAedu.com brings you the fee structure of IIMs in 2013 vs 2012.
As the economy
continue to give hiccups to B-schools during placement season, Most of the
B-schools have either kept their fees unchanged or made a token fee hike. Most
of the top IIMs like IIM-A and IIM-B charge between Rs 12-17 lakh as their
total fee for the two year management programme.
The management
programmes at new IIMs however cost Rs 10 Lakh or below. For the academic year
2013-14, some IIMs have also revised their fees.
In a bid to
become more affordable to the aspirants coming from lower-middle class, Indian
Institute of Management Lucknow has even cut the fees by 10 per cent for the
academic session 2013-15.
IIM-L recently
reduced its fee from Rs 12 Lakh to Rs 10.8 Lakh. The new fee structure of IIM-L
makes it a better option for candidates in comparison to other top B-schools
like XLRI, NMIMS and MDI which charge Rs 12 Lakh, Rs 12.6, and Rs 15.5 Lakh
respectively. Though all the three B-schools –XLRI, NMIMS, and MDI rank lower
in the MBAUniversse.com Ranking 2013, their management programmes are costlier
than IIM-L.
On the other
hand, IIMB has increased its fees for batch of 2013-15 to Rs 17 lakh from the
previous fee structure of Rs 15 lakh.
The following
table brings you the snap shot of the fee structure at different IIMs.
Fee for the
IIMs: 2012 Vs 2013
Institute
|
Fee
Structure (In Rs. Lakh)
|
|
2012
|
2013
|
|
IIM Ahmedabad
|
15.5
|
16.6
|
IIM Bangalore
|
15
|
17
|
IIM Calcutta
|
13.5
|
13.6
|
IIM Lucknow
|
12
|
10.8
|
IIM Indore
|
13
|
13
|
IIM Shillong
|
8
|
8
|
IIM Kozhikode
|
9.75
|
9.75
|
IIM Ranchi
|
9
|
9
|
IIM Raipur
|
9
|
9.6
|
IIM Udaipur
|
8
|
8
|
IIM Trichy
|
10
|
10
|
IIM Kashipur
|
8
|
8
|
IIM Rohtak
|
9
|
9
|
Stay tuned to www.GetMBAedu.com
for more information and fee structure of Top B-schools in India
-->