IIM Bangalore has hiked fees by Rs 25,000/ - for new batch.
The fee has been increased by Rs.25,000 to Rs.5.25 lakh from Rs.5 lakh for 2009-10 and by Rs.50,000 to Rs.5.75 lakh from Rs.Rs.5.25 lakh for the second year (2010-11).
On the other hand The institute is also increasing the seed fund for giving loans to deserving students to Rs.20 million from Rs.10.5 million.
With student intake for PG and other management programmes being increased every year, the B-school is investing Rs.450 million in expanding its infrastructure such as lecture halls, library, hostels and faculty rooms.
The autonomous institute also does not get any government funding for capital expenditure on infrastructure expansion. Via