IIM Calcutta hikes fees for PGP programme to Rs 19 lakh

MUMBAI: IIM Calcutta has hiked the fees for its flagship two-year PGP programme to Rs 19 lakh.

The fee hike, slated to come in place from the 2016 academic session, represents an over 16% increase from the earlier fee structure which was around Rs 16.3 lakh.

The institute had last undertaken a fee hike of nearly 20% in 2014.

IIM Calcutta's move comes on the heels of other institutes such as IIM Ahmedabad, which last month, increased fees for its PGP programme to Rs 19.5 lakh from the earlier Rs 18.5 lakh.

IIM Lucknow also raised its fees by over 30% to Rs 14 lakh according to a decision taken this year.