According to PTI, the fee has been increased by Rs 25,000 from the next session. The decision was taken in a board meeting last weekend. The new fee for PGP programme stands at Rs 2 lakh per annum.

According to IIM-C sources, the institution spends around Rs 4 lakh per student each year. To bridge the gap between fees and the actual investment per student, IIM-C is considering many options including raising the recruiters placement fee.

At the Fifth Annual Skoch Summit held in New Delhi on March 15-16, 2007, Dr. Bakul H. Dholakia, Director, IIM-A received the Award from Dr C Rangarajan, Chairman, Economic Advisory Council to the Prime Minister. Dr C Rangarajan was also awarded the Lifetime Achievement award. Ms Neelam Dhawan of Microsoft was honoured as Person of the Year. For exemplary usage of ICT in education Soochna Shakti Yojana of Chhattisgarh was also honored.

The annual fee for the first year will be Rs 1.90 lakhs, while for the second year of the course it will marginally higher at Rs 1.95 lakhs. IIM-K Director Prof Krishna Kumar made this announcement last weekend. The fee for the first year currently is Rs 1.5 lakhs and for second year Rs 1.65 lakhs.

The increase in the fee was to attend to various needs of the institution.

This was the 51st convocation of XLRI Jamshedpur. Mr R Gopalakrishnan, Executive Director, Tata Sons was the Chief Guest on the occasion. Mr Muthuraman, MD of Tata Steel Limited and Chairman of the Board of Governors of XLRI delivered the Presidential Address. As reported earlier by MBAUniverse.com, the prestigious Sir Jehangir Ghandy Medal for Industrial and Social Peace was awarded to Mr KV Kamath, MD and CEO of ICICI Bank.

The fees for the post-graduate programme for executives (PGPX) has also been increased from Rs 10 lakh to Rs 14 lakh.

These decisions were made in todays Board of Governors meeting at IIM-A. Chairman Mr Vijaypat Singhania informed media about these decisions this afternoon.Mr Singhania also said that the actual expense per seat for the PGP programme is about Rs 4 lacs.

As reported by MBAUniverse.com earlier, IIM Indore has already confirmed increase of its fee for flagship PGP programme by Rs 40,000 to Rs 1.9 lacs.

There are 397 B-schools who avail of the MAT format (that has been in practice since 1988) for admissions. These include Amity Business School, Noida; Institute of Management Studies, Ghaziabad; Academy of Management Studies, Dehradun; Graduate School of Business & Administration, Greater Noida; Jagan Institute of Management studies, Jaipur; Lal Bahadur Shastri Institute of Management & Development Studies, Lucknow; and NIILM-Centre for Management Studies, New Delhi.

According to a press release shared with MBAUniverse.com, the highest international offer was that of USD 100,000, while the highest domestic offerstood at a whopping Rs.35 lakh; the average salary offeredfor the GMP Class of 2007 was Rs.15 lakh. The placement precesses started in Jamshedpur and ended in Mumbai. Overall, there were 49 students, 26 participating companies and 106 offers during the placement process.

Senior delegates from industry and management schools attended the conference. The Chief Guest for the event was Dr. R Natarajan, former chairman of AICTE. Dr. Panduranga Rao, director, XIME, was the conference coordinator.

The conference was held with a view to discuss, debate and recommend ways to bring about greater interaction between B-schools and the industry.

This year a total of 324 students from Fellow Programme in Management (FPM), Post Graduate Programme in Management (PGP), Post-Graduate Programme in Agri-Business Management (PGP-ABM) and Post-Graduate Programme in Management for Executives (PGPX) have successfully completed their programme at this prestigious institute. Three students of PGP and one from PGPX will also receive Institutes gold medal for scholastic performance.

According to IIM-A, the PGP-PMP is a full-time residential program for mid-career executives with at least 7 years of work experience. The program leads to a Postgraduate Diploma in Public Management and Policy. The method of study for the PGP-PMP will be based on interactive lecture discussions, syndicate presentations, management games and exercises. Besides the institute faculty, guest faculty and practitioners will take some contact sessions.