IIM Bengaluru will not increase its fees

Indian Institute of Management, Bengaluru (IIM-B) will not increase the fees of its two year post graduation program. In the meeting of the IIM board, a decision was taken which stated that for the session 2011-12 the fee structure will be same as before and there will be no further amendments. Presently, the institute charges Rs 13,00,000 for the two year post graduation program. Before this decision, the Human Resource Development Ministry (HRDM) appointed a 3 member committee for the inspection of the fees of IIM-B. The institute approved the recommendations of the committee. This meeting was governed by the chairman of the IIM-B 'Mukesh Ambani'. The meeting also involved discussions which were related to similar issues.