The administration of Indian Institute of Management Ahmedabad (IIMA) has revised fees for its flagship course, 2-year Post Graduate Programme (PGP) in Management from Rs 22 lakh to Rs 23 lakh, an increase of about 4.5 per cent. Last year, in 2018 also the IIM Ahmedabad PGP fees were hiked from Rs 21 lakh to Rs 22 lakh.
The new fees will be applicable to the batch of 2019-2021. Now the candidates will have to pay Rs 23 lakh as the IIM Ahmedabad PGP fees, an increase of Rs 1 lakh to the last year course fee of Rs 22 lakh.
The governing council of IIM Ahmedabad took the decision to increase the fees for the post-graduate programme (PGP) in management by at least 4.3%, citing the revision was in line with the inflationary pressure.
According to Media reports, other IIMs may also follow suit and hike their course fees too, owing to inflationary pressures. As stated in media, “the Costs have been on the rise and the fees are inadequate to meet the rising expenses. Fees could rise by up to 4.5 per cent across the institutes. But students can get access to the scholarship opportunities”.
There are currently 20 IIMs in India, including those at Ahmedabad, Bangalore, Calcutta, Kozhikode, Indore, Udaipur, Nagpur, Amritsar, Jammu and Visakhapatnam.
IIM Ahmedabad Awarded MBA Degree
On this Sunday, March 24, 2019, a total of 593 students were awarded MBA degrees (Masters degree in Business Administration) at the convocation held at the Louis Kahn Plaza in the IIM-A campus. IIM Ahmedabad Class of 2017-19 becomes the first batch of the institute to get degrees after new IIM Act
Of them, 398 students belonged to the PGP batch 2017-19, followed by 45 Candidates of two-year post-graduate programme in food and agribusiness management (PGP-FABM) and 137 students from One-Year Executive MBA PGP-executive (PGPX).
Students have hailed the move to get a degree as it will widen their horizon if they want to pursue academics from abroad. The degree will have a wider recognition in the international arena.
IIM Ahmedabad Admission Process
IIM Ahmedabad will first shortlist candidates for the next round of selection on the basis of their score in Common Admission Test (CAT). The shortlisted candidates will then have to participate in the next round of selection which is a group discussion and personal Interview.
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