IIM-A hikes fees for MBA programmeMarch 29th, 2008 - 11:35 pm ICT by admin
(Lead, changing dateline)
Ahmedabad, March 29 (IANS) The premier Indian Institute of Management-Ahmedabad (IIM-A) Saturday hiked the fees of its two-year post-graduate course in business management from Rs.450,000 to Rs.1.15 million from the next academic session this year. The board meeting held under the guidance of Vijaypat Singhania, chairman IIM-A, decided to hike the fee for the programme for the batch joining June 2008.
The institute, however, reiterated its commitment to help needy and deserving students.
“No deserving student should be deprived of an opportunity to study at the IIM-A on account of lack of financial resources,” a statement issued here said.
The board also decided to triple the annual family income limit for a student to be eligible for financial support from Rs.200,000 to Rs.600,000.
“Graded need-based financial aid will be available to eligible students who qualify for financial support,” the release said.