In a first, IIM Lucknow reduces fees
Friday April 12, 2013 06:25:07 PM,
IANS
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Lucknow: In a first,
the Indian Institute of Management (IIM) Lucknow Friday reduced
the fees for its post-graduate programme in management for the
academic term 2013-2015.
The IIM's director Devi Singh said the fees were being slashed by
10 percent from the current Rs.12 lakh to Rs.10.80 lakh.
The fee for the same course at IIM Bangalore is Rs.17 lakh and
Rs.16.6 lakh at IIM Ahmedabad, officials said.
IIM Lucknow has not hiked any fee since 2011.
"In the last nine years, the institute's impetus has been on
efficient financial management and broad-basing our revenue
sources. We have been successful in achieving this," Singh said.
J.J. Irani, chairman of IIM Lucknow's board of governors, said:
"In today's environment, when education is becoming costlier, IIM
Lucknow would like to take a lead. This decision will help many
needy students to undertake education at institutions like ours."
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