IIM Calcutta has increased its fees by 16% for PG courses, becoming the second-most costliest management institute after IIM Ahmedabad!
The Indian Institute of Management (IIM) Calcutta has raised the fees for its flagship two year PGP programmes by 16 per cent (summing upto Rs. 19 lakh) from 2016 academic session onwards. Earlier, the fee structure for the post graduate programme was Rs. 16.3 lakh.
With this hike, IIM Calcutta has become the second-most costliest IIM after IIM Ahmedabad where the fee structure is up by a margin of Rs. 50,000 only.
The hiked fee includes tuition fee, library access, accommodation, materials, medical facilities and basic health care etc. for two years.
The institute had last undertaken a fee hike of nearly 20% in 2014.
According to the decision taken this year, IIM Lucknow has also increased its PGP fees by around 30% to Rs. 14 lakh.
About IIM Calcutta:
The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in collaboration with Alfred P. Sloan School of Management (MIT), the Government of West Bengal, the Ford Foundation and Indian industry. During its initial years, several prominent faculty formed part of its nucleus, including Jagdish Sheth, J. K. Sengupta, among others.
Over the years, IIMC has grown into a mature institution with global reputation, imparting high quality management education. It has been playing a pioneering role in professionalising Indian management through its Post Graduate and Doctoral level programs, Executive Training Programs, Research and Consulting Activities.