Now, IIM-L goes for fee hike

The Indian Institute of Management Lucknow (IIM-L) hikes fees for its two-year flagship post-graduate program in management, according to media reports.

The IIM-L has raised the fees by Rs. 1.5 lakh per annum from the 2009-10 academic session. Earlier, IIM Calcutta, IIM Ahmedabad and IIM Bangalore had raised the fees. The global financial crisis has impact of the IIM placements but the top management institutes of India raised the fees.

The IIM-L director Dr Devi Singh told media that the institute has raised the fees to Rs 4 lakh per annum from the existing fees of Rs. 2.5 per cent. Now students need to pay more the flagship program offered by IIM-L.