The Cost of MBA Education in India to be increased by an average of 20%.

The Cost of MBA Education in India to be increased by an average of 20%.

The Cost of MBA Education in India to be increased by an average of 20%.

Management Education in India has become one of the expensive courses. MBA Colleges have decided to hike their fees to increase the cost anywhere between 6-19% by the year 2016.

Well Known B-School in India such as XLRI Jamshedpur, International Management Institute Delhi, MDI Gurgaon, SP Jain Institute of Management and Research, XIM Bhubaneswar and IIM Ranchi has already affirmed the fee hike. The other Institutes fee structure like IIM Calcutta, IIM Kozhikode, and IIM Udaipur will finalise the cost in the coming two to three weeks.

The increase in the cost can anywhere be in the range of Rs 50,000 to Rs 2.5 lakh depending on the colleges.

Most of the B-Schools say these hikes simply couldn't be put off given inflation, higher administrative expenses and the rising salary levels of faculty members.

IIM-Calcutta for example has not increased its fees from previous four years.Its last hike was by 50% to Rs 13.5 lakhs in the year 2016. Now there are chances for raising the fees to Rs 16 lakhs upalmost to 19%.

IIM-Udaipur whose current fee structure for the two years program is Rs 8 lakh, may increase to Rs 9 Lakh this year. This was said by the Director Janat Shah and shah also said that this will be the first time we are increasing the fees sicne we came into existence.

In the Mean time IIM Ahmedabad whose fee structure is Rs 16.6 lakhs and IIM Bangalore whose fee structure is Rs 17 lakhs have decided not to increase the fees this year.  IIM-Tiruchirappali, IIM-Kashipur and IIM -Lucknow also have decided not to increase the fees.

Apart from IIM’s, the other b-school like XLRI will increase the fees to 7% from the amount of Rs 14.6 lakhs to Rs 15.6 lakhs.

The top Business schools in US are also planning to increase the MBA fees. As per the business week MBA Class of 2016 saw an average hike of 4% compared to the previous years.

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Comments

0 # Lakshay 2020-01-26
Hii, I am looking for private engineering college in Jhunjhunun where I can get direct admission without any entrance test score, Please let me know about it.
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0 # Shruti 2020-01-27
There are many private engineering colleges in Jhunjhunun where you can get admission without entrance exam, find here the list Engineering in Jhunjhunun
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0 # Vivaan 2020-01-13
Hello sir, I am 3rd year B.com student, I want to pursue MBA from Wardha,Please suggest top B-School over there.
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0 # Shruti 2020-01-14
Hello, after b.com, MBA will be the right career option, you can find here the list of good B-Schools in Wardha- MBA in Wardha
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0 # Aayush Older than three months
Hello Sir, May I know the specialisation in MBA and also suggest some good B-Schools in Jaunpur ?
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0 # Shruti Older than three months
There are various specialisation in MBA i.e. Marketing, Finance, Human Resource, etc, find some good MBA colleges Prasad Institute of Technology ; Sikkim Manipal University - Jaunpur ; Veer Bahadur Singh Purvanchal University
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0 # Lakshay Older than three months
Hello, I am from Adilabad plz tell me admission to B. Ed to IGNOU is made through entrance test?
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0 # Pallavi Older than three months
hii, good to know that you are from Adilabad, Yes, Admission to B. Ed in IGNOU is made through B. Ed Entrance Test, which is generally conducted during the month of October/September each year.
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0 # Nishith Older than three months
Hello, I am from Khagaria, plz tell me Is there an any degree equivalent to MBA and of same weightage in terms of placement
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0 # Pallavi Older than three months
Hii, PGDM is equivalent to MBA, you can do PGDM from any good college of Khagaria, so you can get placement easily
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0 # Rohan Older than three months
Hii, I am from Banaskantha, plz tell me Do all the IIMs provide a degree or Diploma?
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0 # Shruti Older than three months
Hello, good to see that you are from Banaskantha, The IIMs provide a diploma certificate at the completion of the course.
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0 # Aayush Older than three months
Hello, I want to make career in engineering but so confused about its branch, Please suggest me the best branch which would have good scope in future, also suggest good colleges in Churachandpur.
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0 # Mukesh Older than three months
You should take branch according to your interest, if you have interest in software or programming choose computer science, if you have interest in machines, choose mechanical, etc, some good engineering colleges are Government Engineering College
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0 # Nishith Older than three months
I am from South 24 Parganas, I am looking forward to make career in engineering, Please tell me about the eligibility criteria for best engineering colleges.
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0 # Pallavi Older than three months
hello, if you want to take admission in best engineering college in South 24 Parganas, you should clear JEE Main exam, or I fyou want to get admission in IITs you should clear JEE Advanced and for admission you should have Physics, chemistry and maths in your 12th or equivalent
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0 # Rohan Older than three months
I have secured 55% marks in 12th ,I think its too low to get admission in any good engineering college in Gorakhpur,If you know about it please suggest me
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0 # Pallavi Older than three months
yes, your percentage is very low, I will not suggest that you should choose engineering as a career, but still you want to do engineering you can try for private college in Gorakhpur, they will admit you.
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0 # Aarav Older than three months
Hello Sir, May I know the specialisation in MBA and also suggest some good B-Schools in East Sikkim ?
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0 # Mukesh Older than three months Reply | Reply with quote | Quote