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IIM-K hikes fee to Rs 3 lakh for PG programmes

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Taking a cue from its sister institutes in other cities, the Indian Institute of Management-Kozhikode (IIM-K) has decided to revise its fee structure for the two-year post graduate programmes by over a lakh rupees from the coming academic session.

Kozhikode: Taking a cue from its sister institutes in other cities, the Indian Institute of Management-Kozhikode (IIM-K) has decided to revise its fee structure for the two-year post graduate programmes by over a lakh rupees from the coming academic session.

“In principle, it has been decided to hike the fee to Rs three lakh for both first and second year for the batch joining in June 2008,” IIM-K Director, Krishna Kumar told media. While the institute at present charges Rs 1.90 lakh and Rs 1.95 lakh for the first and second year respectively, fee structure would now be uniform for both.

On being asked about the over ?100 per cent? hike effected by leading business school IIM-Ahmedabad, with different fee for first and second year, Kumar said, “IIM-K had arrived at a decision after reviewing their cost structure.” He also informed that the IIM-K Board of Directors has taken a decision to hike the fee to be in line with the other IIMs in the country.

Recently, IIM-Ahmedabad has hiked its fee from Rs 2.5 lakh for both the years to Rs 5.5 lakh for the first year and to Rs 6 lakh to the second year from the coming academic year.(PTI)

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