Monday, August 01, 2011

Fees hiked for many professional courses

Fees hiked for many professional courses

Indian Institute of Management (IIM), Ranchi, and Birla Institute of Technology (BIT), Mesra, have hiked the fees, making professional courses expensive by up to 50 per cent from this academic session.

The PG program in management at IIM-Ranchi now costs Rs 9 lakh (for two years) from the 2011 academic session. It has increased by 50 per cent. In the last session, the fee was Rs 6 lakh.

Tuition fees, room rent, course material and library and computer charges will now be Rs 1.5 lakh per semester. Working executives with five years of experience will have to pay Rs 4.5 lakh for the 18 month post graduate executive programme in management.
BIT-Mesra has also hiked fess by 25 per cent for the undergraduate and postgraduate courses.

The new fee structure would be effective from July 2011. For BE and BPharm studies, the per semester fees would be Rs 65,000. Apart from this there is one-time admission fee of Rs 5,000 and caution money (refundable) of Rs 10,000. This a BE or BPharm student ends up paying Rs 80,000 per semester.

Per semester of bachelor of architecture (BArch) has increased by Rs 5,000. The total semester fee is now Rs 70,000. Bachelor of hotel management and catering technology (BHMCT) students need to pay Rs 60,000 a semester while BSc in food production technology (FPT) will cost Rs 40,000 every six months. 

Fees for postgraduate programmes like masters in engineering and master in pharmaceutical sciences, besides MTech and MSc programmes, has also been raised at BIT-Mesra. 

Jamshedpur-based XLRI has increased the for its two-year postgraduate programmes in business management and human resource management from Rs 8.5 lakh to Rs 9.8 lakh from this academic session. 

XLRI’s course fee for one-year general management programme has also been jacked up to Rs 13.7 lakh from Rs 9.9 lakh i.e. almost a hike of 40 per cent.

This hike has been there due to salary hikes of the teacher according to the Sixth Pay Commission

Source: Telegraph

No comments: