IIM, Calcutta still having fewer fees compared to all other major B-schools, so they decided to increase the tuition fee for the students from next year.
For 2 years of MBA course in IIM-Ahmedabad, charging the fee of Rs 18 lakh and for the same course in IIM-Calcutta, charging only Rs 14.5-15 lakh.
IIM, Calcutta always attempted to have student-friendly image while coming to tuition fees and the proposal for this fee hike will be discussed at the scheduled board meeting in the month of December.
Anindya Sen, dean - academics of IIM-C said that he suggested the hike of tuition fee must be within Rs 14.5 lakh and Rs 15 lakh and also he added that without hiking a fee it’s difficult to run an institution so that IIM, Calcutta is in favour of hike.
Sanjit Singh, the admissions chairperson of the institute said that this hike will be less compared to other IIM’s tuition fee and this will be applicable before the joining date of new batch on June 2014.