IIM Counselling

Hello Hardik,
First of all, don't feel worried. According to the bill, all the IIMS have been empowered to provide a degree instead of a Diploma. Earlier, only universities were allowed to provide MBA degrees while all the private institutes used to give a Diploma. Though the course outline is almost the same in both degree and Diploma, but the value of MBA is more, especially in countries outside India. However, the good thing is that many organizations as well as competitive exams consider Post graduate Diploma to be equivalent to MBA. Please evaluate the pros and cons and check your list of expectations and requirements for making a more informed decision. I hope you will find this information useful. All the best for your future endeavors.

Hello Mayank, Few Iims have either increased the fees or have processed the increase. MBA candidates will now have to pay around 5-17 percent more for the 2018-20 batch. Inflationary pressure and high operational cost including infrastructure cost and faculty salaries are the main reasons cited behind the fee hike by the officials of Iims. Candidates will now pay Rs. 80,000-2 Lacs more for their MBAs in the academic year 2018-20. IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Ranchi, IIM Trichy, IIM Indore, IIM Rohtak, and IIM Amritsar have already announced the fee hike. Fees of top Iims for 2 years PGDM (2016-18):
IIMA- 19.5L |IIMB- 18.7L |IIMC- 19L
IIML- 14L |IIMI- 13L |IIMK: 16L
IIM Shillong- 13.5L |XLRI- 16.8L
This fee doesn't include mess charges (food), personal expenses, etc. , which may cost around 1.5 to 2 Lacs for 2 years. Good luck.