Not just tuition fees, financial aid too rise at IIMs

At some campuses, the cost of financial waivers is more than what they earn from fees

If you find fees at the Indian Institutes of Management (IIMs) exorbitant, think twice. While most of the IIMs may have hiked the tuition fees of their flagship post-graduate programme in management as well as agri business and executive programmes, financial aid to students in various forms have also risen at the premier B-schools.

As per the four IIMs that Business Standard reached out to, the cost of extending financial waivers has risen at most of the campuses, with IIMs now incurring more than what they earn from fees.

Take the IIM Ahmedabad for instance, which spends Rs 7-8 crore for providing