Though the fee hike prima facie looks very steep, we are sure that an institution like IIM-A will ensure that the benefits of the fee hike would be passed on to the students by enriching the learning experience at the IIM campus.

We believe that these institutions will surely use these funds to foster learning by promoting research grants to deserving professors, invite world renowned professors to be a part of the academia and thereby make every attempt to catch up with world’s best B’schools (if not surpass them).

If one takes a close look at the fees of renowned B’ schools then we find that the new fee structure by the IIMs for the program is favorable as compared to the world’s best B schools like Harvard (approx. Rs. 30 lacs), Wharton (approx. 28 lacs) & ISB (Rs. 17 lacs for one year program).

IIM disclosures indicate an average salary package of Rs.13-17 lacs for the batch of 2006-2008 with campus-based packages growing in excess of 30% on a year on year basis. Invariably the return on investment (ROI) is still in excess of 100% inspite of the fee hike by these institutions.